# EDGAR Filing Document

**Accession Number:** 0000890453
**File Stem:** 0000894189-25-014744
**Filing Date:** 2025-11
**Character Count:** 915621
**Document Hash:** 64ba029011e2084388c69523718d624c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-014744.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000894189-25-014744

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WILSHIRE MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000890453

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07076
- **FILM NUMBER:** 251516912

**BUSINESS ADDRESS:**
- **STREET 1:** 1299 OCEAN AVENUE
- **STREET 2:** SUITE 700
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90401
- **BUSINESS PHONE:** 610-676-3419

**MAIL ADDRESS:**
- **STREET 1:** 1299 OCEAN AVENUE
- **STREET 2:** SUITE 700
- **CITY:** SANTA MONICA
- **STATE:** CA
- **ZIP:** 90401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WILSHIRE TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 19960603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS WILSHIRE TARGET FUNDS INC
- **DATE OF NAME CHANGE:** 19921014

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS WILSHIRE SERIES FUND INC/
- **DATE OF NAME CHANGE:** 19921014

## Series and Classes Contracts Data

### Wilshire Income Opportunities Fund (Series ID: S000053356)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000167854 | Investment Class    | WIORX           |
| C000167855 | Institutional Class | WIOPX           |

## Nport-Ex

---

| |
|:---|
| **Wilshire Income Opportunities Fund** |
| **Schedule of Investments** |
| **September 30, 2025 (Unaudited)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **CORPORATE BONDS - 29.4%** | **CORPORATE BONDS - 29.4%** | **Par** |  | **Value**  |
| **Basic Materials - 1.5%** | **Basic Materials - 1.5%** | **Basic Materials - 1.5%** | **Basic Materials - 1.5%** | **Basic Materials - 1.5%** |
|  Air Products and Chemicals, Inc., 4.30%, 06/11/2028 (Callable 05/11/2028) | Air Products and Chemicals, Inc., 4.30%, 06/11/2028 (Callable 05/11/2028) | $86000 |  | $86852 |
|  Albemarle Corp., 4.65%, 06/01/2027 (Callable 05/01/2027) | Albemarle Corp., 4.65%, 06/01/2027 (Callable 05/01/2027) | 82000 |  | 82081 |
|  ArcelorMittal SA, 6.00%, 06/17/2034 (Callable 03/17/2034) <sup>(a)</sup> | ArcelorMittal SA, 6.00%, 06/17/2034 (Callable 03/17/2034) <sup>(a)</sup> | 36000 |  | 38278 |
|  Aris Mining Corp., 8.00%, 10/31/2029 (Callable 10/31/2026) <sup>(b)</sup> | Aris Mining Corp., 8.00%, 10/31/2029 (Callable 10/31/2026) <sup>(b)</sup> | 200000 |  | 207500 |
|  Braskem Netherlands Finance BV, 4.50%, 01/31/2030 (Callable 10/31/2029) | Braskem Netherlands Finance BV, 4.50%, 01/31/2030 (Callable 10/31/2029) | 200000 |  | 75750 |
|  CAP SA, 3.90%, 04/27/2031 (Callable 01/27/2031) | CAP SA, 3.90%, 04/27/2031 (Callable 01/27/2031) | 200000 |  | 163250 |
|  Capstone Copper Corp., 6.75%, 03/31/2033 (Callable 03/31/2028) <sup>(b)</sup> | Capstone Copper Corp., 6.75%, 03/31/2033 (Callable 03/31/2028) <sup>(b)</sup> | 45000 |  | 46238 |
| Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC | Celanese US Holdings LLC |
| &nbsp;&nbsp; 6.50%, 04/15/2030 (Callable 04/15/2027) | &nbsp;&nbsp; 6.50%, 04/15/2030 (Callable 04/15/2027) | 5000 |  | 5021 |
| &nbsp;&nbsp; 6.75%, 04/15/2033 (Callable 04/15/2028) <sup>(a)</sup> | &nbsp;&nbsp; 6.75%, 04/15/2033 (Callable 04/15/2028) <sup>(a)</sup> | 5000 |  | 4969 |
|  Chemours Co., 8.00%, 01/15/2033 (Callable 01/15/2028) <sup>(b)</sup> | Chemours Co., 8.00%, 01/15/2033 (Callable 01/15/2028) <sup>(b)</sup> | 45000 |  | 44775 |
| Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. | Cleveland-Cliffs, Inc. |
| &nbsp;&nbsp; 6.75%, 04/15/2030 (Callable 04/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 04/15/2030 (Callable 04/15/2026) <sup>(b)</sup> | 299000 |  | 303111 |
| &nbsp;&nbsp; 7.38%, 05/01/2033 (Callable 05/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 7.38%, 05/01/2033 (Callable 05/01/2028) <sup>(b)</sup> | 230000 |  | 234025 |
| &nbsp;&nbsp; 7.63%, 01/15/2034 (Callable 01/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; 7.63%, 01/15/2034 (Callable 01/15/2029) <sup>(b)</sup> | 135000 |  | 139050 |
|  Corp. Nacional del Cobre de Chile, 6.44%, 01/26/2036 (Callable 10/26/2035) <sup>(b)</sup> | Corp. Nacional del Cobre de Chile, 6.44%, 01/26/2036 (Callable 10/26/2035) <sup>(b)</sup> | 200000 |  | 215733 |
|  CSN Resources SA, 5.88%, 04/08/2032 (Callable 04/08/2027) | CSN Resources SA, 5.88%, 04/08/2032 (Callable 04/08/2027) | 200000 |  | 169000 |
|  Ecolab, Inc., 4.30%, 06/15/2028 (Callable 05/15/2028) | Ecolab, Inc., 4.30%, 06/15/2028 (Callable 05/15/2028) | 74000 |  | 74606 |
|  Freeport-McMoRan, Inc., 5.45%, 03/15/2043 (Callable 09/15/2042) | Freeport-McMoRan, Inc., 5.45%, 03/15/2043 (Callable 09/15/2042) | 480000 |  | 461352 |
|  Gold Fields Orogen Holdings BVI Ltd., 6.13%, 05/15/2029 (Callable 02/15/2029) | Gold Fields Orogen Holdings BVI Ltd., 6.13%, 05/15/2029 (Callable 02/15/2029) | 200000 |  | 209511 |
|  Newmont Corp. / Newcrest Finance Pty Ltd., 5.35%, 03/15/2034 (Callable 12/15/2033) | Newmont Corp. / Newcrest Finance Pty Ltd., 5.35%, 03/15/2034 (Callable 12/15/2033) | 34000 |  | 35478 |
|  Novelis Corp., 6.88%, 01/30/2030 (Callable 01/30/2027) <sup>(b)</sup> | Novelis Corp., 6.88%, 01/30/2030 (Callable 01/30/2027) <sup>(b)</sup> | 10000 |  | 10350 |
|  Olin Corp., 6.63%, 04/01/2033 (Callable 04/01/2028) <sup>(b)</sup> | Olin Corp., 6.63%, 04/01/2033 (Callable 04/01/2028) <sup>(b)</sup> | 10000 |  | 10063 |
| Rio Tinto Finance USA PLC | Rio Tinto Finance USA PLC | Rio Tinto Finance USA PLC | Rio Tinto Finance USA PLC | Rio Tinto Finance USA PLC |
| &nbsp;&nbsp; 4.50%, 03/14/2028 (Callable 02/14/2028) | &nbsp;&nbsp; 4.50%, 03/14/2028 (Callable 02/14/2028) | 43000 |  | 43479 |
| &nbsp;&nbsp; 5.75%, 03/14/2055 (Callable 09/14/2054) | &nbsp;&nbsp; 5.75%, 03/14/2055 (Callable 09/14/2054) | 21000 |  | 21500 |
|  Solstice Advanced Materials, Inc., 5.63%, 09/30/2033 (Callable 09/30/2028) <sup>(b)</sup> | Solstice Advanced Materials, Inc., 5.63%, 09/30/2033 (Callable 09/30/2028) <sup>(b)</sup> | 5000 |  | 5000 |
|  Suzano Netherlands BV, 5.50%, 01/15/2036 (Callable 10/15/2035) | Suzano Netherlands BV, 5.50%, 01/15/2036 (Callable 10/15/2035) | 21000 |  | 21032 |
|  Vale Overseas Ltd., 6.40%, 06/28/2054 (Callable 12/28/2053) | Vale Overseas Ltd., 6.40%, 06/28/2054 (Callable 12/28/2053) | 31000 |  | 31976 |
|  WR Grace Holdings LLC, 5.63%, 08/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | WR Grace Holdings LLC, 5.63%, 08/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 9313 |
|  |  |  |  | 2749293 |
| **Communications - 1.9%** | **Communications - 1.9%** | **Communications - 1.9%** | **Communications - 1.9%** | **Communications - 1.9%** |
|  Alphabet, Inc., 3.00%, 05/06/2033 (Callable 02/06/2033) | Alphabet, Inc., 3.00%, 05/06/2033 (Callable 02/06/2033) | 100000 |  | 116783 |
|  AppLovin Corp., 5.38%, 12/01/2031 (Callable 10/01/2031) | AppLovin Corp., 5.38%, 12/01/2031 (Callable 10/01/2031) | 32000 |  | 32935 |
| AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. | AT&T, Inc. |
| &nbsp;&nbsp; 3.50%, 09/15/2053 (Callable 03/15/2053) | &nbsp;&nbsp; 3.50%, 09/15/2053 (Callable 03/15/2053) | 91000 |  | 62671 |
| &nbsp;&nbsp; 6.05%, 08/15/2056 (Callable 02/15/2056) | &nbsp;&nbsp; 6.05%, 08/15/2056 (Callable 02/15/2056) | 10000 |  | 10343 |
|  Bell Telephone Co. of Canada or Bell Canada, 6.88% to 09/15/2030 then 5 yr. CMT Rate + 2.39%, 09/15/2055 (Callable 06/15/2030) | Bell Telephone Co. of Canada or Bell Canada, 6.88% to 09/15/2030 then 5 yr. CMT Rate + 2.39%, 09/15/2055 (Callable 06/15/2030) | 19000 |  | 19709 |
| CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. | CCO Holdings LLC / CCO Holdings Capital Corp. |
| &nbsp;&nbsp; 5.13%, 05/01/2027 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.13%, 05/01/2027 (Callable 10/31/2025) <sup>(b)</sup> | 15000 |  | 14887 |
| &nbsp;&nbsp; 4.75%, 03/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 4.75%, 03/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | 25000 |  | 23937 |
| &nbsp;&nbsp; 4.75%, 02/01/2032 (Callable 02/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 4.75%, 02/01/2032 (Callable 02/01/2027) <sup>(b)</sup> | 15000 |  | 13856 |
| Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital | Charter Communications Operating LLC / Charter Communications Operating Capital |
| &nbsp;&nbsp; 5.75%, 04/01/2048 (Callable 10/01/2047) | &nbsp;&nbsp; 5.75%, 04/01/2048 (Callable 10/01/2047) | 125000 |  | 112715 |
| &nbsp;&nbsp; 5.13%, 07/01/2049 (Callable 01/01/2049) | &nbsp;&nbsp; 5.13%, 07/01/2049 (Callable 01/01/2049) | 265000 |  | 218568 |
|  Cisco Systems, Inc., 4.55%, 02/24/2028 (Callable 01/24/2028) | Cisco Systems, Inc., 4.55%, 02/24/2028 (Callable 01/24/2028) | 97000 |  | 98447 |
| Clear Channel Outdoor Holdings, Inc. | Clear Channel Outdoor Holdings, Inc. | Clear Channel Outdoor Holdings, Inc. | Clear Channel Outdoor Holdings, Inc. | Clear Channel Outdoor Holdings, Inc. |
| &nbsp;&nbsp; 7.50%, 06/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 7.50%, 06/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 9712 |
| &nbsp;&nbsp; 7.13%, 02/15/2031 (Callable 08/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; 7.13%, 02/15/2031 (Callable 08/15/2027) <sup>(b)</sup> | 20000 |  | 20650 |
|  CommScope LLC, 9.50%, 12/15/2031 (Callable 06/15/2026) <sup>(b)</sup> | CommScope LLC, 9.50%, 12/15/2031 (Callable 06/15/2026) <sup>(b)</sup> | 15000 |  | 15525 |
|  Digicel Group Holdings Ltd., 0.00%, 12/31/2030 <sup>(b)(c)(d)</sup> | Digicel Group Holdings Ltd., 0.00%, 12/31/2030 <sup>(b)(c)(d)</sup> | 131130 |  | 2157 |
|  Directv Financing LLC, 8.88%, 02/01/2030 (Callable 02/01/2026) <sup>(b)</sup> | Directv Financing LLC, 8.88%, 02/01/2030 (Callable 02/01/2026) <sup>(b)</sup> | 60000 |  | 59250 |
|  Directv Financing LLC / Directv Financing Co.-Obligor, Inc., 5.88%, 08/15/2027 (Callable 10/31/2025) <sup>(b)</sup> | Directv Financing LLC / Directv Financing Co.-Obligor, Inc., 5.88%, 08/15/2027 (Callable 10/31/2025) <sup>(b)</sup> | 17000 |  | 16958 |
| DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. | DISH DBS Corp. |
| &nbsp;&nbsp; 5.75%, 12/01/2028 (Callable 12/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 12/01/2028 (Callable 12/01/2027) <sup>(b)</sup> | 15000 |  | 14362 |
| &nbsp;&nbsp; 5.13%, 06/01/2029 | &nbsp;&nbsp; 5.13%, 06/01/2029 | 10000 |  | 8550 |
|  EchoStar Corp., 10.75%, 11/30/2029 (Callable 11/30/2026) | EchoStar Corp., 10.75%, 11/30/2029 (Callable 11/30/2026) | 10000 |  | 10988 |
|  Expedia Group, Inc., 3.80%, 02/15/2028 (Callable 11/15/2027) | Expedia Group, Inc., 3.80%, 02/15/2028 (Callable 11/15/2027) | 65000 |  | 64391 |
| Gray Media, Inc. | Gray Media, Inc. | Gray Media, Inc. | Gray Media, Inc. | Gray Media, Inc. |
| &nbsp;&nbsp; 9.63%, 07/15/2032 (Callable 07/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 9.63%, 07/15/2032 (Callable 07/15/2028) <sup>(b)</sup> | 15000 |  | 15281 |
| &nbsp;&nbsp; 7.25%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 7.25%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | 15000 |  | 14831 |
|  Lamar Media Corp., 5.38%, 11/01/2033 (Callable 11/01/2028) <sup>(b)</sup> | Lamar Media Corp., 5.38%, 11/01/2033 (Callable 11/01/2028) <sup>(b)</sup> | 20000 |  | 19850 |
| Level 3 Financing, Inc. | Level 3 Financing, Inc. | Level 3 Financing, Inc. | Level 3 Financing, Inc. | Level 3 Financing, Inc. |
| &nbsp;&nbsp; 4.50%, 04/01/2030 (Callable 03/22/2026) <sup>(b)</sup> | &nbsp;&nbsp; 4.50%, 04/01/2030 (Callable 03/22/2026) <sup>(b)</sup> | 15000 |  | 13669 |
| &nbsp;&nbsp; 6.88%, 06/30/2033 (Callable 06/30/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.88%, 06/30/2033 (Callable 06/30/2028) <sup>(b)</sup> | 30000 |  | 30487 |
|  Match Group Holdings II LLC, 4.13%, 08/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | Match Group Holdings II LLC, 4.13%, 08/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | 60000 |  | 56550 |
| McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. | McGraw-Hill Education, Inc. |
| &nbsp;&nbsp; 5.75%, 08/01/2028 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 08/01/2028 (Callable 10/31/2025) <sup>(b)</sup> | 20000 |  | 19950 |
| &nbsp;&nbsp; 7.38%, 09/01/2031 (Callable 09/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 7.38%, 09/01/2031 (Callable 09/01/2027) <sup>(b)</sup> | 5000 |  | 5187 |
|  Meta Platforms, Inc., 5.40%, 08/15/2054 (Callable 02/15/2054) | Meta Platforms, Inc., 5.40%, 08/15/2054 (Callable 02/15/2054) | 68000 |  | 66974 |
|  Millicom International Cellular SA, 4.50%, 04/27/2031 (Callable 04/27/2026) | Millicom International Cellular SA, 4.50%, 04/27/2031 (Callable 04/27/2026) | 200000 |  | 188500 |
|  Motorola Solutions, Inc., 5.20%, 08/15/2032 (Callable 06/15/2032) | Motorola Solutions, Inc., 5.20%, 08/15/2032 (Callable 06/15/2032) | 30000 |  | 30871 |
|  Netflix, Inc., 5.40%, 08/15/2054 (Callable 02/15/2054) | Netflix, Inc., 5.40%, 08/15/2054 (Callable 02/15/2054) | 47000 |  | 47310 |
|  News Corp., 3.88%, 05/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | News Corp., 3.88%, 05/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | 280000 |  | 268672 |
|  Nexstar Media, Inc., 4.75%, 11/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | Nexstar Media, Inc., 4.75%, 11/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | 45000 |  | 43819 |
|  Sirius XM Radio LLC, 4.13%, 07/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | Sirius XM Radio LLC, 4.13%, 07/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | 235000 |  | 220019 |
|  Snap, Inc., 6.88%, 03/15/2034 (Callable 09/15/2028) <sup>(b)</sup> | Snap, Inc., 6.88%, 03/15/2034 (Callable 09/15/2028) <sup>(b)</sup> | 45000 |  | 45619 |
|  TELUS Corp., 7.00% to 10/15/2035 then 5 yr. CMT Rate + 2.71%, 10/15/2055 (Callable 07/15/2035) | TELUS Corp., 7.00% to 10/15/2035 then 5 yr. CMT Rate + 2.71%, 10/15/2055 (Callable 07/15/2035) | 34000 |  | 35870 |
| T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. | T-Mobile USA, Inc. |
| &nbsp;&nbsp; 2.05%, 02/15/2028 (Callable 12/15/2027) | &nbsp;&nbsp; 2.05%, 02/15/2028 (Callable 12/15/2027) | 73000 |  | 69597 |
| &nbsp;&nbsp; 3.50%, 04/15/2031 (Callable 04/15/2026) | &nbsp;&nbsp; 3.50%, 04/15/2031 (Callable 04/15/2026) | 130000 |  | 123690 |
| &nbsp;&nbsp; 2.70%, 03/15/2032 (Callable 12/15/2031) | &nbsp;&nbsp; 2.70%, 03/15/2032 (Callable 12/15/2031) | 70000 |  | 62765 |
| &nbsp;&nbsp; 5.50%, 01/15/2055 (Callable 07/15/2054) | &nbsp;&nbsp; 5.50%, 01/15/2055 (Callable 07/15/2054) | 37000 |  | 35590 |
| &nbsp;&nbsp; 5.25%, 06/15/2055 (Callable 12/15/2054) | &nbsp;&nbsp; 5.25%, 06/15/2055 (Callable 12/15/2054) | 24000 |  | 22406 |
| &nbsp;&nbsp; 5.88%, 11/15/2055 (Callable 05/15/2055) | &nbsp;&nbsp; 5.88%, 11/15/2055 (Callable 05/15/2055) | 19000 |  | 19400 |
|  Uber Technologies, Inc., 4.80%, 09/15/2034 (Callable 06/15/2034) | Uber Technologies, Inc., 4.80%, 09/15/2034 (Callable 06/15/2034) | 144000 |  | 144224 |
|  Univision Communications, Inc., 7.38%, 06/30/2030 (Callable 10/31/2025) <sup>(b)</sup> | Univision Communications, Inc., 7.38%, 06/30/2030 (Callable 10/31/2025) <sup>(b)</sup> | 15000 |  | 15075 |
|  VeriSign, Inc., 5.25%, 06/01/2032 (Callable 04/01/2032) | VeriSign, Inc., 5.25%, 06/01/2032 (Callable 04/01/2032) | 45000 |  | 46198 |
|  Videotron Ltd., 5.70%, 01/15/2035 (Callable 10/15/2034) <sup>(b)</sup> | Videotron Ltd., 5.70%, 01/15/2035 (Callable 10/15/2034) <sup>(b)</sup> | 37000 |  | 37600 |
| Virgin Media Secured Finance PLC | Virgin Media Secured Finance PLC | Virgin Media Secured Finance PLC | Virgin Media Secured Finance PLC | Virgin Media Secured Finance PLC |
| &nbsp;&nbsp; 5.50%, 05/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.50%, 05/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | 276000 |  | 270247 |
| &nbsp;&nbsp; 4.25%, 01/15/2030 (Callable 10/11/2025) | &nbsp;&nbsp; 4.25%, 01/15/2030 (Callable 10/11/2025) | 100000 |  | 124347 |
| Vmed O2 UK Financing I PLC | Vmed O2 UK Financing I PLC | Vmed O2 UK Financing I PLC | Vmed O2 UK Financing I PLC | Vmed O2 UK Financing I PLC |
| &nbsp;&nbsp; 4.25%, 01/31/2031 (Callable 01/31/2026) <sup>(b)</sup> | &nbsp;&nbsp; 4.25%, 01/31/2031 (Callable 01/31/2026) <sup>(b)</sup> | 215000 |  | 198028 |
| &nbsp;&nbsp; 5.63%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.63%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | 150000 |  | 180053 |
|  Wayfair LLC, 7.25%, 10/31/2029 (Callable 10/31/2026) <sup>(b)</sup> | Wayfair LLC, 7.25%, 10/31/2029 (Callable 10/31/2026) <sup>(b)</sup> | 10000 |  | 10337 |
|  Windstream Services LLC, 7.50%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | Windstream Services LLC, 7.50%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | 5000 |  | 4994 |
|  Windstream Services LLC / Windstream Escrow Finance Corp., 8.25%, 10/01/2031 (Callable 10/01/2027) <sup>(b)</sup> | Windstream Services LLC / Windstream Escrow Finance Corp., 8.25%, 10/01/2031 (Callable 10/01/2027) <sup>(b)</sup> | 10000 |  | 10350 |
|  |  |  |  | 3445754 |
| **Consumer, Cyclical - 2.7%** | **Consumer, Cyclical - 2.7%** | **Consumer, Cyclical - 2.7%** | **Consumer, Cyclical - 2.7%** | **Consumer, Cyclical - 2.7%** |
| 1011778 BC ULC / New Red Finance, Inc. | 1011778 BC ULC / New Red Finance, Inc. | 1011778 BC ULC / New Red Finance, Inc. | 1011778 BC ULC / New Red Finance, Inc. | 1011778 BC ULC / New Red Finance, Inc. |
| &nbsp;&nbsp; 3.88%, 01/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 3.88%, 01/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | 112000 |  | 109200 |
| &nbsp;&nbsp; 3.50%, 02/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 3.50%, 02/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | 95000 |  | 90725 |
|  American Airlines, Inc., 8.50%, 05/15/2029 (Callable 11/15/2025) <sup>(b)</sup> | American Airlines, Inc., 8.50%, 05/15/2029 (Callable 11/15/2025) <sup>(b)</sup> | 15000 |  | 15638 |
|  American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.75%, 04/20/2029 <sup>(b)</sup> | American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.75%, 04/20/2029 <sup>(b)</sup> | 280000 |  | 281050 |
| American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. | American Axle & Manufacturing, Inc. |
| &nbsp;&nbsp; 6.38%, 10/15/2032 (Callable 10/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.38%, 10/15/2032 (Callable 10/15/2028) <sup>(b)</sup> | 15000 |  | 14963 |
| &nbsp;&nbsp; 7.75%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 7.75%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | 45000 |  | 45337 |
|  AutoZone, Inc., 5.13%, 06/15/2030 (Callable 05/15/2030) | AutoZone, Inc., 5.13%, 06/15/2030 (Callable 05/15/2030) | 34000 |  | 35044 |
|  Caesars Entertainment, Inc., 6.00%, 10/15/2032 (Callable 10/15/2027) <sup>(b)</sup> | Caesars Entertainment, Inc., 6.00%, 10/15/2032 (Callable 10/15/2027) <sup>(b)</sup> | 85000 |  | 83725 |
| Carnival Corp. | Carnival Corp. | Carnival Corp. | Carnival Corp. | Carnival Corp. |
| &nbsp;&nbsp; 5.13%, 05/01/2029 (Callable 02/01/2029) <sup>(b)</sup> | &nbsp;&nbsp; 5.13%, 05/01/2029 (Callable 02/01/2029) <sup>(b)</sup> | 12000 |  | 12000 |
| &nbsp;&nbsp; 5.75%, 01/15/2030 (Callable 10/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 01/15/2030 (Callable 10/15/2029) <sup>(b)</sup> | 100000 |  | 126473 |
| &nbsp;&nbsp; 5.75%, 08/01/2032 (Callable 05/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 08/01/2032 (Callable 05/01/2032) <sup>(b)</sup> | 15000 |  | 15244 |
| &nbsp;&nbsp; 6.13%, 02/15/2033 (Callable 02/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.13%, 02/15/2033 (Callable 02/15/2028) <sup>(b)</sup> | 13000 |  | 13325 |
| Clarios Global LP / Clarios US Finance Co. | Clarios Global LP / Clarios US Finance Co. | Clarios Global LP / Clarios US Finance Co. | Clarios Global LP / Clarios US Finance Co. | Clarios Global LP / Clarios US Finance Co. |
| &nbsp;&nbsp; 6.75%, 02/15/2030 (Callable 02/15/2027) <sup>(a)(b)</sup> | &nbsp;&nbsp; 6.75%, 02/15/2030 (Callable 02/15/2027) <sup>(a)(b)</sup> | 35000 |  | 36050 |
| &nbsp;&nbsp; 6.75%, 09/15/2032 (Callable 09/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 09/15/2032 (Callable 09/15/2028) <sup>(b)</sup> | 35000 |  | 35787 |
|  Cougar JV Subsidiary LLC, 8.00%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | Cougar JV Subsidiary LLC, 8.00%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | 15000 |  | 15937 |
|  Dealer Tire LLC / DT Issuer LLC, 8.00%, 02/01/2028 (Callable 10/31/2025) <sup>(b)</sup> | Dealer Tire LLC / DT Issuer LLC, 8.00%, 02/01/2028 (Callable 10/31/2025) <sup>(b)</sup> | 15000 |  | 14850 |
|  Delta Air Lines 2020-1 Class A Pass Through Trust, 2.50%, 06/10/2028 | Delta Air Lines 2020-1 Class A Pass Through Trust, 2.50%, 06/10/2028 | 54821 |  | 52716 |
|  Dornoch Debt Merger Sub, Inc., 6.63%, 10/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | Dornoch Debt Merger Sub, Inc., 6.63%, 10/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 8588 |
|  Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc., 6.75%, 01/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc., 6.75%, 01/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 9350 |
|  Ford Motor Co., 3.25%, 02/12/2032 (Callable 11/12/2031) | Ford Motor Co., 3.25%, 02/12/2032 (Callable 11/12/2031) | 770000 |  | 671575 |
|  Ford Motor Credit Co. LLC, 5.63%, 10/09/2028 | Ford Motor Credit Co. LLC, 5.63%, 10/09/2028 | 200000 |  | 269800 |
|  Full House Resorts, Inc., 8.25%, 02/15/2028 (Callable 10/16/2025) <sup>(b)</sup> | Full House Resorts, Inc., 8.25%, 02/15/2028 (Callable 10/16/2025) <sup>(b)</sup> | 15000 |  | 13856 |
| General Motors Financial Co., Inc. | General Motors Financial Co., Inc. | General Motors Financial Co., Inc. | General Motors Financial Co., Inc. | General Motors Financial Co., Inc. |
| &nbsp;&nbsp; 4.35%, 01/17/2027 (Callable 10/17/2026) | &nbsp;&nbsp; 4.35%, 01/17/2027 (Callable 10/17/2026) | 58000 |  | 58084 |
| &nbsp;&nbsp; 6.50% to 09/30/2028 then 3 mo. LIBOR US + 3.44%, Perpetual (Callable 09/30/2028) <sup>(e)</sup> | &nbsp;&nbsp; 6.50% to 09/30/2028 then 3 mo. LIBOR US + 3.44%, Perpetual (Callable 09/30/2028) <sup>(e)</sup> | 52000 |  | 51675 |
| &nbsp;&nbsp; 5.70% to 09/30/2030 then 5 yr. CMT Rate + 5.00%, Perpetual (Callable 09/30/2030) | &nbsp;&nbsp; 5.70% to 09/30/2030 then 5 yr. CMT Rate + 5.00%, Perpetual (Callable 09/30/2030) | 54000 |  | 53527 |
|  Genuine Parts Co., 4.95%, 08/15/2029 (Callable 07/15/2029) | Genuine Parts Co., 4.95%, 08/15/2029 (Callable 07/15/2029) | 48000 |  | 48844 |
|  Goodyear Tire & Rubber Co., 5.25%, 07/15/2031 (Callable 04/15/2031) | Goodyear Tire & Rubber Co., 5.25%, 07/15/2031 (Callable 04/15/2031) | 35000 |  | 32856 |
| Hilton Domestic Operating Co., Inc. | Hilton Domestic Operating Co., Inc. | Hilton Domestic Operating Co., Inc. | Hilton Domestic Operating Co., Inc. | Hilton Domestic Operating Co., Inc. |
| &nbsp;&nbsp; 4.88%, 01/15/2030 (Callable 10/11/2025) | &nbsp;&nbsp; 4.88%, 01/15/2030 (Callable 10/11/2025) | 130000 |  | 129350 |
| &nbsp;&nbsp; 3.63%, 02/15/2032 (Callable 08/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 3.63%, 02/15/2032 (Callable 08/15/2026) <sup>(b)</sup> | 70000 |  | 63787 |
|  Home Depot, Inc., 4.88%, 06/25/2027 (Callable 05/25/2027) | Home Depot, Inc., 4.88%, 06/25/2027 (Callable 05/25/2027) | 43000 |  | 43691 |
|  Honda Motor Co. Ltd., 4.44%, 07/08/2028 (Callable 06/08/2028) | Honda Motor Co. Ltd., 4.44%, 07/08/2028 (Callable 06/08/2028) | 82000 |  | 82459 |
|  Hyundai Capital America, 5.30%, 01/08/2029 (Callable 12/08/2028) <sup>(b)</sup> | Hyundai Capital America, 5.30%, 01/08/2029 (Callable 12/08/2028) <sup>(b)</sup> | 61000 |  | 62465 |
|  JetBlue Airways Corp. / JetBlue Loyalty LP, 9.88%, 09/20/2031 (Callable 08/27/2027) <sup>(b)</sup> | JetBlue Airways Corp. / JetBlue Loyalty LP, 9.88%, 09/20/2031 (Callable 08/27/2027) <sup>(b)</sup> | 160000 |  | 162400 |
|  Life Time, Inc., 6.00%, 11/15/2031 (Callable 11/15/2027) <sup>(b)</sup> | Life Time, Inc., 6.00%, 11/15/2031 (Callable 11/15/2027) <sup>(b)</sup> | 55000 |  | 55619 |
|  Light & Wonder International, Inc., 6.25%, 10/01/2033 (Callable 10/01/2028) <sup>(b)</sup> | Light & Wonder International, Inc., 6.25%, 10/01/2033 (Callable 10/01/2028) <sup>(b)</sup> | 70000 |  | 70087 |
| Lowe's Cos., Inc. | Lowe's Cos., Inc. | Lowe's Cos., Inc. | Lowe's Cos., Inc. | Lowe's Cos., Inc. |
| &nbsp;&nbsp; 3.35%, 04/01/2027 (Callable 03/01/2027) | &nbsp;&nbsp; 3.35%, 04/01/2027 (Callable 03/01/2027) | 134000 |  | 132695 |
| &nbsp;&nbsp; 5.63%, 04/15/2053 (Callable 10/15/2052) | &nbsp;&nbsp; 5.63%, 04/15/2053 (Callable 10/15/2052) | 21000 |  | 20780 |
| Marriott International, Inc./MD | Marriott International, Inc./MD | Marriott International, Inc./MD | Marriott International, Inc./MD | Marriott International, Inc./MD |
| &nbsp;&nbsp; 4.50%, 10/15/2031 (Callable 09/15/2031) | &nbsp;&nbsp; 4.50%, 10/15/2031 (Callable 09/15/2031) | 36000 |  | 35852 |
| &nbsp;&nbsp; 5.30%, 05/15/2034 (Callable 02/15/2034) | &nbsp;&nbsp; 5.30%, 05/15/2034 (Callable 02/15/2034) | 70000 |  | 71720 |
|  McDonald's Corp., 5.45%, 08/14/2053 (Callable 02/14/2053) | McDonald's Corp., 5.45%, 08/14/2053 (Callable 02/14/2053) | 32000 |  | 31629 |
|  Michaels Cos., Inc., 5.25%, 05/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | Michaels Cos., Inc., 5.25%, 05/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | 10000 |  | 9212 |
| NCL Corp. Ltd. | NCL Corp. Ltd. | NCL Corp. Ltd. | NCL Corp. Ltd. | NCL Corp. Ltd. |
| &nbsp;&nbsp; 5.88%, 01/15/2031 (Callable 09/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; 5.88%, 01/15/2031 (Callable 09/15/2027) <sup>(b)</sup> | 10000 |  | 10000 |
| &nbsp;&nbsp; 6.75%, 02/01/2032 (Callable 02/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 02/01/2032 (Callable 02/01/2028) <sup>(b)</sup> | 160000 |  | 164400 |
| &nbsp;&nbsp; 6.25%, 09/15/2033 (Callable 09/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.25%, 09/15/2033 (Callable 09/15/2028) <sup>(b)</sup> | 10000 |  | 10050 |
| Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. | Newell Brands, Inc. |
| &nbsp;&nbsp; 8.50%, 06/01/2028 (Callable 03/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 8.50%, 06/01/2028 (Callable 03/01/2028) <sup>(b)</sup> | 50000 |  | 53062 |
| &nbsp;&nbsp; 6.38%, 05/15/2030 (Callable 02/15/2030) | &nbsp;&nbsp; 6.38%, 05/15/2030 (Callable 02/15/2030) | 10000 |  | 9912 |
|  Nissan Motor Acceptance Co. LLC, 6.13%, 09/30/2030 (Callable 08/30/2030) <sup>(b)</sup> | Nissan Motor Acceptance Co. LLC, 6.13%, 09/30/2030 (Callable 08/30/2030) <sup>(b)</sup> | 20000 |  | 19973 |
|  O'Reilly Automotive, Inc., 5.00%, 08/19/2034 (Callable 05/19/2034) | O'Reilly Automotive, Inc., 5.00%, 08/19/2034 (Callable 05/19/2034) | 35000 |  | 35260 |
|  Qnity Electronics, Inc., 6.25%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | Qnity Electronics, Inc., 6.25%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | 15000 |  | 15319 |
|  QXO Building Products, Inc., 6.75%, 04/30/2032 (Callable 04/30/2028) <sup>(b)</sup> | QXO Building Products, Inc., 6.75%, 04/30/2032 (Callable 04/30/2028) <sup>(b)</sup> | 10000 |  | 10350 |
|  Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp., 6.63%, 02/01/2033 (Callable 02/01/2028) <sup>(b)</sup> | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp., 6.63%, 02/01/2033 (Callable 02/01/2028) <sup>(b)</sup> | 45000 |  | 45844 |
|  Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp., 6.25%, 10/15/2030 (Callable 10/15/2027) <sup>(b)</sup> | Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp., 6.25%, 10/15/2030 (Callable 10/15/2027) <sup>(b)</sup> | 10000 |  | 10091 |
| Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. | Royal Caribbean Cruises Ltd. |
| &nbsp;&nbsp; 4.25%, 07/01/2026 (Callable 01/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 4.25%, 07/01/2026 (Callable 01/01/2026) <sup>(b)</sup> | 85000 |  | 84889 |
| &nbsp;&nbsp; 5.38%, 07/15/2027 (Callable 10/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.38%, 07/15/2027 (Callable 10/15/2026) <sup>(b)</sup> | 92000 |  | 92805 |
| &nbsp;&nbsp; 6.00%, 02/01/2033 (Callable 08/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 6.00%, 02/01/2033 (Callable 08/01/2027) <sup>(b)</sup> | 215000 |  | 220375 |
| &nbsp;&nbsp; 5.38%, 01/15/2036 (Callable 10/15/2035) | &nbsp;&nbsp; 5.38%, 01/15/2036 (Callable 10/15/2035) | 31000 |  | 31093 |
| Sabre GLBL, Inc. | Sabre GLBL, Inc. | Sabre GLBL, Inc. | Sabre GLBL, Inc. | Sabre GLBL, Inc. |
| &nbsp;&nbsp; 8.63%, 06/01/2027 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 8.63%, 06/01/2027 (Callable 10/31/2025) <sup>(b)</sup> | 3000 |  | 3041 |
| &nbsp;&nbsp; 10.75%, 11/15/2029 (Callable 11/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; 10.75%, 11/15/2029 (Callable 11/15/2025) <sup>(b)</sup> | 18000 |  | 17438 |
|  SeaWorld Parks & Entertainment, Inc., 5.25%, 08/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | SeaWorld Parks & Entertainment, Inc., 5.25%, 08/15/2029 (Callable 10/11/2025) <sup>(b)</sup> | 50000 |  | 49125 |
|  Six Flags Entertainment Corp., 7.25%, 05/15/2031 (Callable 05/15/2026) <sup>(b)</sup> | Six Flags Entertainment Corp., 7.25%, 05/15/2031 (Callable 05/15/2026) <sup>(b)</sup> | 20000 |  | 19975 |
|  Staples, Inc., 10.75%, 09/01/2029 (Callable 09/01/2026) <sup>(b)</sup> | Staples, Inc., 10.75%, 09/01/2029 (Callable 09/01/2026) <sup>(b)</sup> | 15000 |  | 14850 |
|  Tenneco, Inc., 8.00%, 11/17/2028 (Callable 10/31/2025) <sup>(b)</sup> | Tenneco, Inc., 8.00%, 11/17/2028 (Callable 10/31/2025) <sup>(b)</sup> | 30000 |  | 30038 |
|  Toll Brothers Finance Corp., 4.35%, 02/15/2028 (Callable 11/15/2027) | Toll Brothers Finance Corp., 4.35%, 02/15/2028 (Callable 11/15/2027) | 51000 |  | 51000 |
| Travel + Leisure Co. | Travel + Leisure Co. | Travel + Leisure Co. | Travel + Leisure Co. | Travel + Leisure Co. |
| &nbsp;&nbsp; 4.50%, 12/01/2029 (Callable 09/01/2029) <sup>(b)</sup> | &nbsp;&nbsp; 4.50%, 12/01/2029 (Callable 09/01/2029) <sup>(b)</sup> | 115000 |  | 110975 |
| &nbsp;&nbsp; 6.13%, 09/01/2033 (Callable 08/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.13%, 09/01/2033 (Callable 08/15/2028) <sup>(b)</sup> | 55000 |  | 54863 |
|  United Airlines, Inc., 4.63%, 04/15/2029 (Callable 10/15/2028) <sup>(b)</sup> | United Airlines, Inc., 4.63%, 04/15/2029 (Callable 10/15/2028) <sup>(b)</sup> | 25000 |  | 24609 |
|  Victra Holdings LLC / Victra Finance Corp., 8.75%, 09/15/2029 (Callable 09/15/2026) <sup>(a)(b)</sup> | Victra Holdings LLC / Victra Finance Corp., 8.75%, 09/15/2029 (Callable 09/15/2026) <sup>(a)(b)</sup> | 45000 |  | 47250 |
|  Viking Cruises Ltd., 5.88%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | Viking Cruises Ltd., 5.88%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | 30000 |  | 30037 |
|  Voyager Parent LLC, 9.25%, 07/01/2032 (Callable 07/01/2028) <sup>(b)</sup> | Voyager Parent LLC, 9.25%, 07/01/2032 (Callable 07/01/2028) <sup>(b)</sup> | 10000 |  | 10575 |
| Warnermedia Holdings, Inc. | Warnermedia Holdings, Inc. | Warnermedia Holdings, Inc. | Warnermedia Holdings, Inc. | Warnermedia Holdings, Inc. |
| &nbsp;&nbsp; 4.05%, 03/15/2029 (Callable 01/15/2029) | &nbsp;&nbsp; 4.05%, 03/15/2029 (Callable 01/15/2029) | 10000 |  | 9600 |
| &nbsp;&nbsp; 4.28%, 03/15/2032 (Callable 12/15/2031) | &nbsp;&nbsp; 4.28%, 03/15/2032 (Callable 12/15/2031) | 5000 |  | 4562 |
| &nbsp;&nbsp; 5.05%, 03/15/2042 (Callable 09/15/2041) | &nbsp;&nbsp; 5.05%, 03/15/2042 (Callable 09/15/2041) | 10000 |  | 7975 |
|  Whirlpool Corp., 6.50%, 06/15/2033 (Callable 03/15/2033) | Whirlpool Corp., 6.50%, 06/15/2033 (Callable 03/15/2033) | 15000 |  | 15000 |
| Yum! Brands, Inc. | Yum! Brands, Inc. | Yum! Brands, Inc. | Yum! Brands, Inc. | Yum! Brands, Inc. |
| &nbsp;&nbsp; 4.75%, 01/15/2030 (Callable 10/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; 4.75%, 01/15/2030 (Callable 10/15/2029) <sup>(b)</sup> | 107000 |  | 106465 |
| &nbsp;&nbsp; 3.63%, 03/15/2031 (Callable 12/15/2030) | &nbsp;&nbsp; 3.63%, 03/15/2031 (Callable 12/15/2030) | 325000 |  | 303063 |
| &nbsp;&nbsp; 4.63%, 01/31/2032 (Callable 10/01/2026) | &nbsp;&nbsp; 4.63%, 01/31/2032 (Callable 10/01/2026) | 125000 |  | 121250 |
|  |  |  |  | 5033079 |
| **Consumer, Non-cyclical - 3.9%** | **Consumer, Non-cyclical - 3.9%** | **Consumer, Non-cyclical - 3.9%** | **Consumer, Non-cyclical - 3.9%** | **Consumer, Non-cyclical - 3.9%** |
|  AbbVie, Inc., 4.70%, 05/14/2045 (Callable 11/14/2044) | AbbVie, Inc., 4.70%, 05/14/2045 (Callable 11/14/2044) | 65000 |  | 59362 |
|  Adani International Container Terminal Pvt Ltd., 3.00%, 02/16/2031 (Callable 08/18/2030) | Adani International Container Terminal Pvt Ltd., 3.00%, 02/16/2031 (Callable 08/18/2030) | 153000 |  | 140403 |
|  Adani Ports & Special Economic Zone Ltd., 3.10%, 02/02/2031 | Adani Ports & Special Economic Zone Ltd., 3.10%, 02/02/2031 | 200000 |  | 178264 |
|  Agilent Technologies, Inc., 4.75%, 09/09/2034 (Callable 06/09/2034) | Agilent Technologies, Inc., 4.75%, 09/09/2034 (Callable 06/09/2034) | 36000 |  | 35796 |
|  Allergan Funding SCS, 2.63%, 11/15/2028 (Callable 08/15/2028) | Allergan Funding SCS, 2.63%, 11/15/2028 (Callable 08/15/2028) | 100000 |  | 113851 |
|  Allied Universal Holdco LLC, 7.88%, 02/15/2031 (Callable 02/15/2027) <sup>(b)</sup> | Allied Universal Holdco LLC, 7.88%, 02/15/2031 (Callable 02/15/2027) <sup>(b)</sup> | 40000 |  | 41800 |
| Amgen, Inc. | Amgen, Inc. | Amgen, Inc. | Amgen, Inc. | Amgen, Inc. |
| &nbsp;&nbsp; 5.15%, 03/02/2028 (Callable 02/02/2028) | &nbsp;&nbsp; 5.15%, 03/02/2028 (Callable 02/02/2028) | 140000 |  | 143176 |
| &nbsp;&nbsp; 5.75%, 03/02/2063 (Callable 09/02/2062) | &nbsp;&nbsp; 5.75%, 03/02/2063 (Callable 09/02/2062) | 63000 |  | 62871 |
|  Avery Dennison Corp., 5.75%, 03/15/2033 (Callable 12/15/2032) | Avery Dennison Corp., 5.75%, 03/15/2033 (Callable 12/15/2032) | 16000 |  | 16883 |
|  Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 8.00%, 02/15/2031 (Callable 11/15/2026) <sup>(b)</sup> | Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 8.00%, 02/15/2031 (Callable 11/15/2026) <sup>(b)</sup> | 45000 |  | 46519 |
| BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. | BAT Capital Corp. |
| &nbsp;&nbsp; 5.63%, 08/15/2035 (Callable 05/15/2035) | &nbsp;&nbsp; 5.63%, 08/15/2035 (Callable 05/15/2035) | 35000 |  | 36341 |
| &nbsp;&nbsp; 4.54%, 08/15/2047 (Callable 02/15/2047) | &nbsp;&nbsp; 4.54%, 08/15/2047 (Callable 02/15/2047) | 32000 |  | 26695 |
|  Bausch + Lomb Corp., 8.38%, 10/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | Bausch + Lomb Corp., 8.38%, 10/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | 40000 |  | 41650 |
| Bausch Health Cos., Inc. | Bausch Health Cos., Inc. | Bausch Health Cos., Inc. | Bausch Health Cos., Inc. | Bausch Health Cos., Inc. |
| &nbsp;&nbsp; 5.25%, 01/30/2030 (Callable 10/16/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 01/30/2030 (Callable 10/16/2025) <sup>(b)</sup> | 10000 |  | 7050 |
| &nbsp;&nbsp; 14.00%, 10/15/2030 (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; 14.00%, 10/15/2030 (Callable 10/15/2025) <sup>(b)</sup> | 1000 |  | 1003 |
|  Becton Dickinson & Co., 4.69%, 02/13/2028 (Callable 01/13/2028) | Becton Dickinson & Co., 4.69%, 02/13/2028 (Callable 01/13/2028) | 86000 |  | 87014 |
|  Bimbo Bakeries USA, Inc., 5.38%, 01/09/2036 (Callable 10/09/2035) <sup>(b)</sup> | Bimbo Bakeries USA, Inc., 5.38%, 01/09/2036 (Callable 10/09/2035) <sup>(b)</sup> | 200000 |  | 203379 |
|  Biogen, Inc., 5.05%, 01/15/2031 (Callable 12/15/2030) | Biogen, Inc., 5.05%, 01/15/2031 (Callable 12/15/2030) | 69000 |  | 70767 |
|  Block Financial LLC, 5.38%, 09/15/2032 (Callable 07/15/2032) | Block Financial LLC, 5.38%, 09/15/2032 (Callable 07/15/2032) | 38000 |  | 38224 |
|  Bunge Ltd. Finance Corp., 4.65%, 09/17/2034 (Callable 06/17/2034) | Bunge Ltd. Finance Corp., 4.65%, 09/17/2034 (Callable 06/17/2034) | 41000 |  | 40168 |
|  Campbell's Co., 5.40%, 03/21/2034 (Callable 12/21/2033) | Campbell's Co., 5.40%, 03/21/2034 (Callable 12/21/2033) | 36000 |  | 36843 |
| Cardinal Health, Inc. | Cardinal Health, Inc. | Cardinal Health, Inc. | Cardinal Health, Inc. | Cardinal Health, Inc. |
| &nbsp;&nbsp; 4.60%, 03/15/2043 | &nbsp;&nbsp; 4.60%, 03/15/2043 | 35000 |  | 30585 |
| &nbsp;&nbsp; 4.50%, 11/15/2044 (Callable 05/15/2044) | &nbsp;&nbsp; 4.50%, 11/15/2044 (Callable 05/15/2044) | 5000 |  | 4285 |
| Centene Corp. | Centene Corp. | Centene Corp. | Centene Corp. | Centene Corp. |
| &nbsp;&nbsp; 4.63%, 12/15/2029 (Callable 10/31/2025) | &nbsp;&nbsp; 4.63%, 12/15/2029 (Callable 10/31/2025) | 45000 |  | 43329 |
| &nbsp;&nbsp; 3.38%, 02/15/2030 (Callable 10/16/2025) | &nbsp;&nbsp; 3.38%, 02/15/2030 (Callable 10/16/2025) | 195000 |  | 179635 |
| &nbsp;&nbsp; 3.00%, 10/15/2030 (Callable 07/15/2030) | &nbsp;&nbsp; 3.00%, 10/15/2030 (Callable 07/15/2030) | 210000 |  | 185641 |
| &nbsp;&nbsp; 2.50%, 03/01/2031 (Callable 12/01/2030) | &nbsp;&nbsp; 2.50%, 03/01/2031 (Callable 12/01/2030) | 155000 |  | 133346 |
|  CHS/Community Health Systems, Inc., 6.00%, 01/15/2029 (Callable 10/16/2025) <sup>(b)</sup> | CHS/Community Health Systems, Inc., 6.00%, 01/15/2029 (Callable 10/16/2025) <sup>(b)</sup> | 20000 |  | 19350 |
|  Concentra Health Services, Inc., 6.88%, 07/15/2032 (Callable 07/15/2027) <sup>(b)</sup> | Concentra Health Services, Inc., 6.88%, 07/15/2032 (Callable 07/15/2027) <sup>(b)</sup> | 50000 |  | 51875 |
|  Darling Ingredients, Inc., 6.00%, 06/15/2030 (Callable 10/11/2025) <sup>(b)</sup> | Darling Ingredients, Inc., 6.00%, 06/15/2030 (Callable 10/11/2025) <sup>(b)</sup> | 205000 |  | 206281 |
|  Dcli Bidco LLC, 7.75%, 11/15/2029 (Callable 11/15/2026) <sup>(b)</sup> | Dcli Bidco LLC, 7.75%, 11/15/2029 (Callable 11/15/2026) <sup>(b)</sup> | 20000 |  | 20750 |
|  Element Fleet Management Corp., 5.04%, 03/25/2030 (Callable 02/25/2030) <sup>(b)</sup> | Element Fleet Management Corp., 5.04%, 03/25/2030 (Callable 02/25/2030) <sup>(b)</sup> | 35000 |  | 35600 |
|  Elevance Health, Inc., 4.55%, 05/15/2052 (Callable 11/15/2051) | Elevance Health, Inc., 4.55%, 05/15/2052 (Callable 11/15/2051) | 25000 |  | 20883 |
|  Eli Lilly & Co., 4.55%, 02/12/2028 (Callable 01/12/2028) | Eli Lilly & Co., 4.55%, 02/12/2028 (Callable 01/12/2028) | 66000 |  | 66941 |
|  EquipmentShare.com, Inc., 8.63%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | EquipmentShare.com, Inc., 8.63%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | 20000 |  | 21525 |
|  Flowers Foods, Inc., 5.75%, 03/15/2035 (Callable 12/15/2034) | Flowers Foods, Inc., 5.75%, 03/15/2035 (Callable 12/15/2034) | 36000 |  | 36610 |
|  Garda World Security Corp., 8.25%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | Garda World Security Corp., 8.25%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | 45000 |  | 46631 |
|  GE HealthCare Technologies, Inc., 4.80%, 01/15/2031 (Callable 12/15/2030) | GE HealthCare Technologies, Inc., 4.80%, 01/15/2031 (Callable 12/15/2030) | 34000 |  | 34572 |
|  Global Medical Response, Inc., 7.38%, 10/01/2032 (Callable 10/01/2028) <sup>(b)</sup> | Global Medical Response, Inc., 7.38%, 10/01/2032 (Callable 10/01/2028) <sup>(b)</sup> | 50000 |  | 51313 |
|  HCA, Inc., 5.60%, 04/01/2034 (Callable 01/01/2034) | HCA, Inc., 5.60%, 04/01/2034 (Callable 01/01/2034) | 285000 |  | 294991 |
|  Herc Holdings, Inc., 7.00%, 06/15/2030 (Callable 06/15/2027) <sup>(b)</sup> | Herc Holdings, Inc., 7.00%, 06/15/2030 (Callable 06/15/2027) <sup>(b)</sup> | 15000 |  | 15525 |
|  IQVIA, Inc., 6.25%, 02/01/2029 (Callable 01/01/2029) | IQVIA, Inc., 6.25%, 02/01/2029 (Callable 01/01/2029) | 38000 |  | 39877 |
| JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl | JBS USA Holding Lux Sarl/ JBS USA Food Co./ JBS Lux Co. Sarl |
| &nbsp;&nbsp; 3.75%, 12/01/2031 (Callable 12/01/2026) | &nbsp;&nbsp; 3.75%, 12/01/2031 (Callable 12/01/2026) | 53000 |  | 49975 |
| &nbsp;&nbsp; 3.63%, 01/15/2032 (Callable 01/15/2027) | &nbsp;&nbsp; 3.63%, 01/15/2032 (Callable 01/15/2027) | 90000 |  | 83840 |
| &nbsp;&nbsp; 5.75%, 04/01/2033 (Callable 01/01/2033) | &nbsp;&nbsp; 5.75%, 04/01/2033 (Callable 01/01/2033) | 36000 |  | 37609 |
|  Johnson & Johnson, 4.55%, 03/01/2028 (Callable 02/01/2028) | Johnson & Johnson, 4.55%, 03/01/2028 (Callable 02/01/2028) | 63000 |  | 64183 |
|  JSW Infrastructure Ltd., 4.95%, 01/21/2029 (Callable 10/21/2028) | JSW Infrastructure Ltd., 4.95%, 01/21/2029 (Callable 10/21/2028) | 200000 |  | 201250 |
|  Keurig Dr Pepper, Inc., 5.20%, 03/15/2031 (Callable 01/15/2031) | Keurig Dr Pepper, Inc., 5.20%, 03/15/2031 (Callable 01/15/2031) | 61000 |  | 62266 |
| Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. | Kraft Heinz Foods Co. |
| &nbsp;&nbsp; 3.25%, 03/15/2033 (Callable 12/15/2032) | &nbsp;&nbsp; 3.25%, 03/15/2033 (Callable 12/15/2032) | 135000 |  | 155082 |
| &nbsp;&nbsp; 6.88%, 01/26/2039 | &nbsp;&nbsp; 6.88%, 01/26/2039 | 90000 |  | 100346 |
| &nbsp;&nbsp; 7.13%, 08/01/2039 <sup>(b)</sup> | &nbsp;&nbsp; 7.13%, 08/01/2039 <sup>(b)</sup> | 95000 |  | 108153 |
| &nbsp;&nbsp; 4.38%, 06/01/2046 (Callable 12/01/2045) | &nbsp;&nbsp; 4.38%, 06/01/2046 (Callable 12/01/2045) | 250000 |  | 208402 |
|  Kroger Co., 5.65%, 09/15/2064 (Callable 03/15/2064) | Kroger Co., 5.65%, 09/15/2064 (Callable 03/15/2064) | 36000 |  | 35100 |
|  Laboratory Corp. of America Holdings, 4.55%, 04/01/2032 (Callable 02/01/2032) | Laboratory Corp. of America Holdings, 4.55%, 04/01/2032 (Callable 02/01/2032) | 66000 |  | 65630 |
|  LifePoint Health, Inc., 10.00%, 06/01/2032 (Callable 06/01/2027) <sup>(b)</sup> | LifePoint Health, Inc., 10.00%, 06/01/2032 (Callable 06/01/2027) <sup>(b)</sup> | 25000 |  | 26187 |
|  MARB BondCo PLC, 3.95%, 01/29/2031 (Callable 01/29/2026) <sup>(b)</sup> | MARB BondCo PLC, 3.95%, 01/29/2031 (Callable 01/29/2026) <sup>(b)</sup> | 200000 |  | 183490 |
| Mars, Inc. | Mars, Inc. | Mars, Inc. | Mars, Inc. | Mars, Inc. |
| &nbsp;&nbsp; 5.20%, 03/01/2035 (Callable 12/01/2034) <sup>(b)</sup> | &nbsp;&nbsp; 5.20%, 03/01/2035 (Callable 12/01/2034) <sup>(b)</sup> | 155000 |  | 158324 |
| &nbsp;&nbsp; 5.70%, 05/01/2055 (Callable 11/01/2054) <sup>(b)</sup> | &nbsp;&nbsp; 5.70%, 05/01/2055 (Callable 11/01/2054) <sup>(b)</sup> | 36000 |  | 36366 |
|  Mavis Tire Express Services Topco Corp., 6.50%, 05/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | Mavis Tire Express Services Topco Corp., 6.50%, 05/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 9950 |
|  Medline Borrower LP, 5.25%, 10/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | Medline Borrower LP, 5.25%, 10/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | 30000 |  | 29737 |
|  Merck & Co., Inc., 5.70%, 09/15/2055 (Callable 03/15/2055) | Merck & Co., Inc., 5.70%, 09/15/2055 (Callable 03/15/2055) | 44000 |  | 45566 |
|  Performance Food Group, Inc., 4.25%, 08/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | Performance Food Group, Inc., 4.25%, 08/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | 90000 |  | 87188 |
| Philip Morris International, Inc. | Philip Morris International, Inc. | Philip Morris International, Inc. | Philip Morris International, Inc. | Philip Morris International, Inc. |
| &nbsp;&nbsp; 5.38%, 02/15/2033 (Callable 11/15/2032) | &nbsp;&nbsp; 5.38%, 02/15/2033 (Callable 11/15/2032) | 34000 |  | 35406 |
| &nbsp;&nbsp; 5.25%, 02/13/2034 (Callable 11/13/2033) | &nbsp;&nbsp; 5.25%, 02/13/2034 (Callable 11/13/2033) | 33000 |  | 33970 |
| Post Holdings, Inc. | Post Holdings, Inc. | Post Holdings, Inc. | Post Holdings, Inc. | Post Holdings, Inc. |
| &nbsp;&nbsp; 5.50%, 12/15/2029 (Callable 10/16/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.50%, 12/15/2029 (Callable 10/16/2025) <sup>(b)</sup> | 85000 |  | 84469 |
| &nbsp;&nbsp; 4.50%, 09/15/2031 (Callable 09/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 4.50%, 09/15/2031 (Callable 09/15/2026) <sup>(b)</sup> | 5000 |  | 4663 |
| &nbsp;&nbsp; 6.38%, 03/01/2033 (Callable 09/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 6.38%, 03/01/2033 (Callable 09/01/2027) <sup>(b)</sup> | 320000 |  | 323200 |
|  Prumo Participacoes e Investimentos S/A, 7.50%, 12/31/2031 (Callable 10/31/2025) | Prumo Participacoes e Investimentos S/A, 7.50%, 12/31/2031 (Callable 10/31/2025) | 135087 |  | 137282 |
|  Quanta Services, Inc., 5.25%, 08/09/2034 (Callable 05/09/2034) | Quanta Services, Inc., 5.25%, 08/09/2034 (Callable 05/09/2034) | 32000 |  | 32724 |
| Quest Diagnostics, Inc. | Quest Diagnostics, Inc. | Quest Diagnostics, Inc. | Quest Diagnostics, Inc. | Quest Diagnostics, Inc. |
| &nbsp;&nbsp; 4.60%, 12/15/2027 (Callable 11/15/2027) | &nbsp;&nbsp; 4.60%, 12/15/2027 (Callable 11/15/2027) | 87000 |  | 88049 |
| &nbsp;&nbsp; 5.00%, 12/15/2034 (Callable 09/15/2034) | &nbsp;&nbsp; 5.00%, 12/15/2034 (Callable 09/15/2034) | 69000 |  | 69633 |
|  Radiology Partners, Inc., 8.50%, 07/15/2032 (Callable 07/15/2028) <sup>(b)</sup> | Radiology Partners, Inc., 8.50%, 07/15/2032 (Callable 07/15/2028) <sup>(b)</sup> | 30000 |  | 31012 |
|  Rede D'or Finance Sarl, 4.95%, 01/17/2028 (Callable 10/17/2027) <sup>(b)</sup> | Rede D'or Finance Sarl, 4.95%, 01/17/2028 (Callable 10/17/2027) <sup>(b)</sup> | 100000 |  | 99625 |
|  Rollins, Inc., 5.25%, 02/24/2035 (Callable 11/24/2034) | Rollins, Inc., 5.25%, 02/24/2035 (Callable 11/24/2034) | 16000 |  | 16270 |
| Royalty Pharma PLC | Royalty Pharma PLC | Royalty Pharma PLC | Royalty Pharma PLC | Royalty Pharma PLC |
| &nbsp;&nbsp; 5.15%, 09/02/2029 (Callable 08/02/2029) | &nbsp;&nbsp; 5.15%, 09/02/2029 (Callable 08/02/2029) | 33000 |  | 33838 |
| &nbsp;&nbsp; 5.95%, 09/25/2055 (Callable 03/25/2055) | &nbsp;&nbsp; 5.95%, 09/25/2055 (Callable 03/25/2055) | 22000 |  | 22317 |
|  Rutas 2 & 7 Finance Ltd., 0.00%, 09/30/2036 <sup>(d)</sup> | Rutas 2 & 7 Finance Ltd., 0.00%, 09/30/2036 <sup>(d)</sup> | 293333 |  | 222567 |
|  Smith & Nephew PLC, 5.15%, 03/20/2027 (Callable 02/20/2027) | Smith & Nephew PLC, 5.15%, 03/20/2027 (Callable 02/20/2027) | 91000 |  | 92208 |
|  Solventum Corp., 5.45%, 02/25/2027 (Callable 01/25/2027) | Solventum Corp., 5.45%, 02/25/2027 (Callable 01/25/2027) | 28000 |  | 28455 |
| Stryker Corp. | Stryker Corp. | Stryker Corp. | Stryker Corp. | Stryker Corp. |
| &nbsp;&nbsp; 4.70%, 02/10/2028 (Callable 01/10/2028) | &nbsp;&nbsp; 4.70%, 02/10/2028 (Callable 01/10/2028) | 47000 |  | 47708 |
| &nbsp;&nbsp; 3.65%, 03/07/2028 (Callable 12/07/2027) | &nbsp;&nbsp; 3.65%, 03/07/2028 (Callable 12/07/2027) | 54000 |  | 53524 |
|  Teva Pharmaceutical Finance Netherlands II BV, 4.38%, 05/09/2030 (Callable 02/09/2030) | Teva Pharmaceutical Finance Netherlands II BV, 4.38%, 05/09/2030 (Callable 02/09/2030) | 135000 |  | 162030 |
|  Teva Pharmaceutical Finance Netherlands III BV, 4.10%, 10/01/2046 | Teva Pharmaceutical Finance Netherlands III BV, 4.10%, 10/01/2046 | 51000 |  | 38059 |
|  Triton Container International Ltd. / TAL International Container Corp., 3.25%, 03/15/2032 (Callable 12/15/2031) | Triton Container International Ltd. / TAL International Container Corp., 3.25%, 03/15/2032 (Callable 12/15/2031) | 36000 |  | 32086 |
|  United Natural Foods, Inc., 6.75%, 10/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | United Natural Foods, Inc., 6.75%, 10/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | 70000 |  | 69913 |
| United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. | United Rentals North America, Inc. |
| &nbsp;&nbsp; 4.00%, 07/15/2030 (Callable 10/11/2025) | &nbsp;&nbsp; 4.00%, 07/15/2030 (Callable 10/11/2025) | 110000 |  | 104912 |
| &nbsp;&nbsp; 3.88%, 02/15/2031 (Callable 10/11/2025) | &nbsp;&nbsp; 3.88%, 02/15/2031 (Callable 10/11/2025) | 195000 |  | 184031 |
|  UnitedHealth Group, Inc., 2.95%, 10/15/2027 | UnitedHealth Group, Inc., 2.95%, 10/15/2027 | 77000 |  | 75423 |
|  US Foods, Inc., 5.75%, 04/15/2033 (Callable 10/15/2027) <sup>(b)</sup> | US Foods, Inc., 5.75%, 04/15/2033 (Callable 10/15/2027) <sup>(b)</sup> | 40000 |  | 40200 |
|  Verisk Analytics, Inc., 5.25%, 06/05/2034 (Callable 03/05/2034) | Verisk Analytics, Inc., 5.25%, 06/05/2034 (Callable 03/05/2034) | 37000 |  | 37964 |
|  Veritiv Operating Co., 10.50%, 11/30/2030 (Callable 11/30/2026) <sup>(b)</sup> | Veritiv Operating Co., 10.50%, 11/30/2030 (Callable 11/30/2026) <sup>(b)</sup> | 10000 |  | 10700 |
|  VT Topco, Inc., 8.50%, 08/15/2030 (Callable 08/15/2026) <sup>(b)</sup> | VT Topco, Inc., 8.50%, 08/15/2030 (Callable 08/15/2026) <sup>(b)</sup> | 15000 |  | 15262 |
|  Wand NewCo 3, Inc., 7.63%, 01/30/2032 (Callable 01/30/2027) <sup>(b)</sup> | Wand NewCo 3, Inc., 7.63%, 01/30/2032 (Callable 01/30/2027) <sup>(b)</sup> | 20000 |  | 21050 |
| Zimmer Biomet Holdings, Inc. | Zimmer Biomet Holdings, Inc. | Zimmer Biomet Holdings, Inc. | Zimmer Biomet Holdings, Inc. | Zimmer Biomet Holdings, Inc. |
| &nbsp;&nbsp; 4.70%, 02/19/2027 | &nbsp;&nbsp; 4.70%, 02/19/2027 | 95000 |  | 95653 |
| &nbsp;&nbsp; 5.20%, 09/15/2034 (Callable 06/15/2034) | &nbsp;&nbsp; 5.20%, 09/15/2034 (Callable 06/15/2034) | 67000 |  | 68403 |
|  Zoetis, Inc., 4.70%, 02/01/2043 (Callable 08/01/2042) | Zoetis, Inc., 4.70%, 02/01/2043 (Callable 08/01/2042) | 14000 |  | 12855 |
|  |  |  |  | 7141709 |
| **Energy - 4.2%** | **Energy - 4.2%** | **Energy - 4.2%** | **Energy - 4.2%** | **Energy - 4.2%** |
|  AI Candelaria - spain- SA, 7.50%, 12/15/2028 (Callable 09/15/2028) | AI Candelaria - spain- SA, 7.50%, 12/15/2028 (Callable 09/15/2028) | 162499 |  | 164937 |
|  Aker BP ASA, 5.13%, 10/01/2034 (Callable 07/01/2034) <sup>(b)</sup> | Aker BP ASA, 5.13%, 10/01/2034 (Callable 07/01/2034) <sup>(b)</sup> | 150000 |  | 147806 |
|  Archrock Partners LP / Archrock Partners Finance Corp., 6.63%, 09/01/2032 (Callable 09/01/2027) <sup>(b)</sup> | Archrock Partners LP / Archrock Partners Finance Corp., 6.63%, 09/01/2032 (Callable 09/01/2027) <sup>(b)</sup> | 30000 |  | 30713 |
|  Buckeye Partners LP, 6.88%, 07/01/2029 (Callable 07/01/2026) <sup>(b)</sup> | Buckeye Partners LP, 6.88%, 07/01/2029 (Callable 07/01/2026) <sup>(b)</sup> | 15000 |  | 15562 |
|  Canacol Energy Ltd., 5.75%, 11/24/2028 (Callable 10/31/2025) | Canacol Energy Ltd., 5.75%, 11/24/2028 (Callable 10/31/2025) | 200000 |  | 69500 |
| Cenovus Energy, Inc. | Cenovus Energy, Inc. | Cenovus Energy, Inc. | Cenovus Energy, Inc. | Cenovus Energy, Inc. |
| &nbsp;&nbsp; 3.50%, 02/07/2028 (Callable 12/07/2027) | &nbsp;&nbsp; 3.50%, 02/07/2028 (Callable 12/07/2027) | 100000 |  | 72136 |
| &nbsp;&nbsp; 6.75%, 11/15/2039 | &nbsp;&nbsp; 6.75%, 11/15/2039 | 434000 |  | 477647 |
| &nbsp;&nbsp; 5.40%, 06/15/2047 (Callable 12/15/2046) | &nbsp;&nbsp; 5.40%, 06/15/2047 (Callable 12/15/2046) | 107000 |  | 98950 |
|  Cheniere Energy Partners LP, 4.00%, 03/01/2031 (Callable 03/01/2026) | Cheniere Energy Partners LP, 4.00%, 03/01/2031 (Callable 03/01/2026) | 72000 |  | 69387 |
|  Cheniere Energy, Inc., 4.63%, 10/15/2028 (Callable 10/11/2025) | Cheniere Energy, Inc., 4.63%, 10/15/2028 (Callable 10/11/2025) | 64000 |  | 63750 |
| Chord Energy Corp. | Chord Energy Corp. | Chord Energy Corp. | Chord Energy Corp. | Chord Energy Corp. |
| &nbsp;&nbsp; 6.00%, 10/01/2030 (Callable 10/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 6.00%, 10/01/2030 (Callable 10/01/2027) <sup>(b)</sup> | 10000 |  | 9912 |
| &nbsp;&nbsp; 6.75%, 03/15/2033 (Callable 03/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 03/15/2033 (Callable 03/15/2028) <sup>(b)</sup> | 25000 |  | 25313 |
| Civitas Resources, Inc. | Civitas Resources, Inc. | Civitas Resources, Inc. | Civitas Resources, Inc. | Civitas Resources, Inc. |
| &nbsp;&nbsp; 8.38%, 07/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 8.38%, 07/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | 15000 |  | 15525 |
| &nbsp;&nbsp; 8.75%, 07/01/2031 (Callable 07/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 8.75%, 07/01/2031 (Callable 07/01/2026) <sup>(b)</sup> | 165000 |  | 170775 |
|  CNX Resources Corp., 6.00%, 01/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | CNX Resources Corp., 6.00%, 01/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 20000 |  | 20000 |
|  Colonial Enterprises, Inc., 5.63%, 11/15/2035 (Callable 08/15/2035) <sup>(b)</sup> | Colonial Enterprises, Inc., 5.63%, 11/15/2035 (Callable 08/15/2035) <sup>(b)</sup> | 21000 |  | 21170 |
|  Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/2033 (Callable 08/15/2033) <sup>(b)</sup> | Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/2033 (Callable 08/15/2033) <sup>(b)</sup> | 115000 |  | 122631 |
| Continental Resources, Inc./OK | Continental Resources, Inc./OK | Continental Resources, Inc./OK | Continental Resources, Inc./OK | Continental Resources, Inc./OK |
| &nbsp;&nbsp; 5.75%, 01/15/2031 (Callable 07/15/2030) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 01/15/2031 (Callable 07/15/2030) <sup>(b)</sup> | 162000 |  | 166989 |
| &nbsp;&nbsp; 2.88%, 04/01/2032 (Callable 01/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 2.88%, 04/01/2032 (Callable 01/01/2032) <sup>(b)</sup> | 376000 |  | 326114 |
|  Cosan Overseas Ltd., 8.25%, Perpetual (Callable 11/05/2025) | Cosan Overseas Ltd., 8.25%, Perpetual (Callable 11/05/2025) | 200000 |  | 201500 |
|  Delek Logistics Partners LP / Delek Logistics Finance Corp., 8.63%, 03/15/2029 (Callable 03/15/2026) <sup>(b)</sup> | Delek Logistics Partners LP / Delek Logistics Finance Corp., 8.63%, 03/15/2029 (Callable 03/15/2026) <sup>(b)</sup> | 50000 |  | 52062 |
|  Diamondback Energy, Inc., 5.20%, 04/18/2027 (Callable 03/18/2027) | Diamondback Energy, Inc., 5.20%, 04/18/2027 (Callable 03/18/2027) | 75000 |  | 76031 |
|  DT Midstream, Inc., 4.13%, 06/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | DT Midstream, Inc., 4.13%, 06/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 20000 |  | 19475 |
|  Eastern Energy Gas Holdings LLC, 5.65%, 10/15/2054 (Callable 04/15/2054) | Eastern Energy Gas Holdings LLC, 5.65%, 10/15/2054 (Callable 04/15/2054) | 36000 |  | 35519 |
| Ecopetrol SA | Ecopetrol SA | Ecopetrol SA | Ecopetrol SA | Ecopetrol SA |
| &nbsp;&nbsp; 4.63%, 11/02/2031 (Callable 08/02/2031) | &nbsp;&nbsp; 4.63%, 11/02/2031 (Callable 08/02/2031) | 50000 |  | 44625 |
| &nbsp;&nbsp; 5.88%, 11/02/2051 (Callable 05/02/2051) | &nbsp;&nbsp; 5.88%, 11/02/2051 (Callable 05/02/2051) | 300000 |  | 222495 |
| Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. | Enbridge, Inc. |
| &nbsp;&nbsp; 4.60%, 06/20/2028 (Callable 05/20/2028) | &nbsp;&nbsp; 4.60%, 06/20/2028 (Callable 05/20/2028) | 69000 |  | 69798 |
| &nbsp;&nbsp; 7.20% to 06/27/2034 then 5 yr. CMT Rate + 2.97%, 06/27/2054 (Callable 03/27/2034) | &nbsp;&nbsp; 7.20% to 06/27/2034 then 5 yr. CMT Rate + 2.97%, 06/27/2054 (Callable 03/27/2034) | 140000 |  | 148925 |
| &nbsp;&nbsp; 8.50% to 01/15/2034 then 5 yr. CMT Rate + 4.43%, 01/15/2084 (Callable 10/15/2033) | &nbsp;&nbsp; 8.50% to 01/15/2034 then 5 yr. CMT Rate + 4.43%, 01/15/2084 (Callable 10/15/2033) | 165000 |  | 186952 |
| Energy Transfer LP | Energy Transfer LP | Energy Transfer LP | Energy Transfer LP | Energy Transfer LP |
| &nbsp;&nbsp; 7.13% to 05/15/2030 then 5 yr. CMT Rate + 5.31%, Perpetual (Callable 05/15/2030) | &nbsp;&nbsp; 7.13% to 05/15/2030 then 5 yr. CMT Rate + 5.31%, Perpetual (Callable 05/15/2030) | 320000 |  | 330458 |
| &nbsp;&nbsp; 8.00% to 05/15/2029 then 5 yr. CMT Rate + 4.02%, 05/15/2054 (Callable 02/15/2029) | &nbsp;&nbsp; 8.00% to 05/15/2029 then 5 yr. CMT Rate + 4.02%, 05/15/2054 (Callable 02/15/2029) | 185000 |  | 196441 |
|  Enterprise Products Operating LLC, 4.30%, 06/20/2028 (Callable 05/20/2028) | Enterprise Products Operating LLC, 4.30%, 06/20/2028 (Callable 05/20/2028) | 100000 |  | 100693 |
| EQT Corp. | EQT Corp. | EQT Corp. | EQT Corp. | EQT Corp. |
| &nbsp;&nbsp; 3.63%, 05/15/2031 (Callable 05/15/2030) <sup>(b)</sup> | &nbsp;&nbsp; 3.63%, 05/15/2031 (Callable 05/15/2030) <sup>(b)</sup> | 350000 |  | 326187 |
| &nbsp;&nbsp; 5.75%, 02/01/2034 (Callable 11/01/2033) | &nbsp;&nbsp; 5.75%, 02/01/2034 (Callable 11/01/2033) | 55000 |  | 57399 |
|  Expand Energy Corp., 6.75%, 04/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | Expand Energy Corp., 6.75%, 04/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 22000 |  | 22115 |
|  Fermaca Enterprises S de RL de CV, 6.38%, 03/30/2038 (Callable 09/30/2037) | Fermaca Enterprises S de RL de CV, 6.38%, 03/30/2038 (Callable 09/30/2037) | 167651 |  | 168751 |
|  Florida Gas Transmission Co. LLC, 5.75%, 07/15/2035 (Callable 04/15/2035) <sup>(b)</sup> | Florida Gas Transmission Co. LLC, 5.75%, 07/15/2035 (Callable 04/15/2035) <sup>(b)</sup> | 15000 |  | 15502 |
|  Global Partners LP / GLP Finance Corp., 8.25%, 01/15/2032 (Callable 01/15/2027) <sup>(b)</sup> | Global Partners LP / GLP Finance Corp., 8.25%, 01/15/2032 (Callable 01/15/2027) <sup>(b)</sup> | 35000 |  | 36838 |
|  Gulfport Energy Operating Corp., 6.75%, 09/01/2029 (Callable 09/01/2026) <sup>(b)</sup> | Gulfport Energy Operating Corp., 6.75%, 09/01/2029 (Callable 09/01/2026) <sup>(b)</sup> | 30000 |  | 30712 |
|  Gulfstream Natural Gas System LLC, 5.60%, 07/23/2035 (Callable 04/23/2035) <sup>(b)</sup> | Gulfstream Natural Gas System LLC, 5.60%, 07/23/2035 (Callable 04/23/2035) <sup>(b)</sup> | 21000 |  | 21502 |
|  Harvest Midstream I LP, 7.50%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | Harvest Midstream I LP, 7.50%, 05/15/2032 (Callable 05/15/2027) <sup>(b)</sup> | 30000 |  | 30675 |
| Hess Midstream Operations LP | Hess Midstream Operations LP | Hess Midstream Operations LP | Hess Midstream Operations LP | Hess Midstream Operations LP |
| &nbsp;&nbsp; 5.88%, 03/01/2028 (Callable 03/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 5.88%, 03/01/2028 (Callable 03/01/2026) <sup>(b)</sup> | 19000 |  | 19309 |
| &nbsp;&nbsp; 5.50%, 10/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 5.50%, 10/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | 38000 |  | 38143 |
|  Hilcorp Energy I LP / Hilcorp Finance Co., 7.25%, 02/15/2035 (Callable 02/15/2030) <sup>(b)</sup> | Hilcorp Energy I LP / Hilcorp Finance Co., 7.25%, 02/15/2035 (Callable 02/15/2030) <sup>(b)</sup> | 15000 |  | 14644 |
|  Kinder Morgan Energy Partners LP, 6.95%, 01/15/2038 | Kinder Morgan Energy Partners LP, 6.95%, 01/15/2038 | 16000 |  | 17957 |
|  Kinder Morgan, Inc., 1.75%, 11/15/2026 (Callable 10/15/2026) | Kinder Morgan, Inc., 1.75%, 11/15/2026 (Callable 10/15/2026) | 55000 |  | 53561 |
|  Kinetik Holdings LP, 5.88%, 06/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | Kinetik Holdings LP, 5.88%, 06/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | 38000 |  | 38190 |
| Kodiak Gas Services LLC | Kodiak Gas Services LLC | Kodiak Gas Services LLC | Kodiak Gas Services LLC | Kodiak Gas Services LLC |
| &nbsp;&nbsp; 7.25%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 7.25%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | 30000 |  | 31050 |
| &nbsp;&nbsp; 6.50%, 10/01/2033 (Callable 10/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.50%, 10/01/2033 (Callable 10/01/2028) <sup>(b)</sup> | 10000 |  | 10175 |
| &nbsp;&nbsp; 6.75%, 10/01/2035 (Callable 10/01/2030) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 10/01/2035 (Callable 10/01/2030) <sup>(b)</sup> | 10000 |  | 10263 |
|  Long Ridge Energy LLC, 8.75%, 02/15/2032 (Callable 02/15/2028) <sup>(b)</sup> | Long Ridge Energy LLC, 8.75%, 02/15/2032 (Callable 02/15/2028) <sup>(b)</sup> | 75000 |  | 76781 |
|  Matador Resources Co., 6.50%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | Matador Resources Co., 6.50%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | 20000 |  | 20200 |
|  MC Brazil Downstream Trading SARL, 7.25%, 06/30/2031 <sup>(b)</sup> | MC Brazil Downstream Trading SARL, 7.25%, 06/30/2031 <sup>(b)</sup> | 182442 |  | 155304 |
|  Nabors Industries, Inc., 9.13%, 01/31/2030 (Callable 05/31/2026) <sup>(b)</sup> | Nabors Industries, Inc., 9.13%, 01/31/2030 (Callable 05/31/2026) <sup>(b)</sup> | 10000 |  | 10413 |
|  NGL Energy Operating LLC / NGL Energy Finance Corp., 8.13%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | NGL Energy Operating LLC / NGL Energy Finance Corp., 8.13%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | 10000 |  | 10250 |
|  Northern Oil & Gas, Inc., 8.75%, 06/15/2031 (Callable 06/15/2026) <sup>(b)</sup> | Northern Oil & Gas, Inc., 8.75%, 06/15/2031 (Callable 06/15/2026) <sup>(b)</sup> | 45000 |  | 46350 |
| Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. | Occidental Petroleum Corp. |
| &nbsp;&nbsp; 6.63%, 09/01/2030 (Callable 03/01/2030) | &nbsp;&nbsp; 6.63%, 09/01/2030 (Callable 03/01/2030) | 205000 |  | 219350 |
| &nbsp;&nbsp; 6.13%, 01/01/2031 (Callable 07/01/2030) | &nbsp;&nbsp; 6.13%, 01/01/2031 (Callable 07/01/2030) | 105000 |  | 110119 |
| &nbsp;&nbsp; 7.50%, 05/01/2031 | &nbsp;&nbsp; 7.50%, 05/01/2031 | 70000 |  | 78400 |
| &nbsp;&nbsp; 6.45%, 09/15/2036 | &nbsp;&nbsp; 6.45%, 09/15/2036 | 65000 |  | 68900 |
| Ovintiv, Inc. | Ovintiv, Inc. | Ovintiv, Inc. | Ovintiv, Inc. | Ovintiv, Inc. |
| &nbsp;&nbsp; 6.50%, 08/15/2034 | &nbsp;&nbsp; 6.50%, 08/15/2034 | 190000 |  | 199890 |
| &nbsp;&nbsp; 6.50%, 02/01/2038 | &nbsp;&nbsp; 6.50%, 02/01/2038 | 160000 |  | 167871 |
|  Permian Resources Operating LLC, 6.25%, 02/01/2033 (Callable 08/01/2027) <sup>(b)</sup> | Permian Resources Operating LLC, 6.25%, 02/01/2033 (Callable 08/01/2027) <sup>(b)</sup> | 35000 |  | 35613 |
|  Peru LNG Srl, 5.38%, 03/22/2030 | Peru LNG Srl, 5.38%, 03/22/2030 | 150020 |  | 143832 |
|  Petrobras Global Finance BV, 5.13%, 09/10/2030 (Callable 08/10/2030) | Petrobras Global Finance BV, 5.13%, 09/10/2030 (Callable 08/10/2030) | 50000 |  | 49062 |
|  Petroleos Mexicanos, 6.75%, 09/21/2047 | Petroleos Mexicanos, 6.75%, 09/21/2047 | 100000 |  | 82375 |
|  Phillips 66 Co., 6.20% to 03/15/2036 then 5 yr. CMT Rate + 2.17%, 03/15/2056 (Callable 12/15/2035) | Phillips 66 Co., 6.20% to 03/15/2036 then 5 yr. CMT Rate + 2.17%, 03/15/2056 (Callable 12/15/2035) | 85000 |  | 85137 |
|  SM Energy Co., 7.00%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | SM Energy Co., 7.00%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | 20000 |  | 20000 |
|  South Bow Canadian Infrastructure Holdings Ltd., 7.50% to 03/01/2035 then 5 yr. CMT Rate + 3.67%, 03/01/2055 (Callable 12/01/2034) | South Bow Canadian Infrastructure Holdings Ltd., 7.50% to 03/01/2035 then 5 yr. CMT Rate + 3.67%, 03/01/2055 (Callable 12/01/2034) | 90000 |  | 95625 |
|  Southern Natural Gas Co. LLC, 5.45%, 08/01/2035 (Callable 05/01/2035) <sup>(b)</sup> | Southern Natural Gas Co. LLC, 5.45%, 08/01/2035 (Callable 05/01/2035) <sup>(b)</sup> | 9000 |  | 9174 |
|  Sunoco LP, 7.88% to 09/18/2030 then 5 yr. CMT Rate + 4.23%, Perpetual (Callable 09/18/2030) <sup>(b)</sup> | Sunoco LP, 7.88% to 09/18/2030 then 5 yr. CMT Rate + 4.23%, Perpetual (Callable 09/18/2030) <sup>(b)</sup> | 135000 |  | 137025 |
|  Sunoco LP / Sunoco Finance Corp., 6.00%, 04/15/2027 (Callable 10/31/2025) | Sunoco LP / Sunoco Finance Corp., 6.00%, 04/15/2027 (Callable 10/31/2025) | 35000 |  | 35000 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. |
| &nbsp;&nbsp; 7.38%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 7.38%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | 15000 |  | 15394 |
| &nbsp;&nbsp; 6.75%, 03/15/2034 (Callable 03/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 03/15/2034 (Callable 03/15/2029) <sup>(b)</sup> | 10000 |  | 9900 |
|  Targa Resources Corp., 5.50%, 02/15/2035 (Callable 11/15/2034) | Targa Resources Corp., 5.50%, 02/15/2035 (Callable 11/15/2034) | 17000 |  | 17263 |
| TransCanada PipeLines Ltd. | TransCanada PipeLines Ltd. | TransCanada PipeLines Ltd. | TransCanada PipeLines Ltd. | TransCanada PipeLines Ltd. |
| &nbsp;&nbsp; 6.20%, 10/15/2037 | &nbsp;&nbsp; 6.20%, 10/15/2037 | 95000 |  | 101683 |
| &nbsp;&nbsp; 7.25%, 08/15/2038 | &nbsp;&nbsp; 7.25%, 08/15/2038 | 42000 |  | 48236 |
| &nbsp;&nbsp; 7.00% to 06/01/2030 then 5 yr. CMT Rate + 2.61%, 06/01/2065 (Callable 03/01/2030) | &nbsp;&nbsp; 7.00% to 06/01/2030 then 5 yr. CMT Rate + 2.61%, 06/01/2065 (Callable 03/01/2030) | 170000 |  | 174887 |
|  Transcanada Trust, 5.60% to 03/07/2032 then 5 yr. CMT Rate + 3.99%, 03/07/2082 (Callable 12/07/2031) | Transcanada Trust, 5.60% to 03/07/2032 then 5 yr. CMT Rate + 3.99%, 03/07/2082 (Callable 12/07/2031) | 140000 |  | 138600 |
|  Transocean International Ltd., 8.00%, 02/01/2027 (Callable 10/11/2025) <sup>(b)</sup> | Transocean International Ltd., 8.00%, 02/01/2027 (Callable 10/11/2025) <sup>(b)</sup> | 8000 |  | 7990 |
|  Var Energi ASA, 6.50%, 05/22/2035 (Callable 02/22/2035) <sup>(b)</sup> | Var Energi ASA, 6.50%, 05/22/2035 (Callable 02/22/2035) <sup>(b)</sup> | 200000 |  | 212635 |
| Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. | Venture Global LNG, Inc. |
| &nbsp;&nbsp; 8.13%, 06/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 8.13%, 06/01/2028 (Callable 10/11/2025) <sup>(b)</sup> | 10000 |  | 10350 |
| &nbsp;&nbsp; 9.00% to 09/30/2029 then 5 yr. CMT Rate + 5.44%, Perpetual (Callable 09/30/2029) <sup>(b)</sup> | &nbsp;&nbsp; 9.00% to 09/30/2029 then 5 yr. CMT Rate + 5.44%, Perpetual (Callable 09/30/2029) <sup>(b)</sup> | 225000 |  | 222469 |
| &nbsp;&nbsp; 8.38%, 06/01/2031 (Callable 06/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 8.38%, 06/01/2031 (Callable 06/01/2026) <sup>(b)</sup> | 10000 |  | 10500 |
| &nbsp;&nbsp; 9.88%, 02/01/2032 (Callable 02/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 9.88%, 02/01/2032 (Callable 02/01/2027) <sup>(b)</sup> | 10000 |  | 10875 |
| Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC | Venture Global Plaquemines LNG LLC |
| &nbsp;&nbsp; 7.50%, 05/01/2033 (Callable 12/01/2032) <sup>(b)</sup> | &nbsp;&nbsp; 7.50%, 05/01/2033 (Callable 12/01/2032) <sup>(b)</sup> | 5000 |  | 5519 |
| &nbsp;&nbsp; 6.50%, 01/15/2034 (Callable 07/15/2033) <sup>(b)</sup> | &nbsp;&nbsp; 6.50%, 01/15/2034 (Callable 07/15/2033) <sup>(b)</sup> | 15000 |  | 15769 |
|  Viper Energy Partners LLC, 4.90%, 08/01/2030 (Callable 07/01/2030) | Viper Energy Partners LLC, 4.90%, 08/01/2030 (Callable 07/01/2030) | 12000 |  | 12090 |
|  Vital Energy, Inc., 7.88%, 04/15/2032 (Callable 04/15/2027) <sup>(a)(b)</sup> | Vital Energy, Inc., 7.88%, 04/15/2032 (Callable 04/15/2027) <sup>(a)(b)</sup> | 15000 |  | 14550 |
|  WBI Operating LLC, 6.50%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | WBI Operating LLC, 6.50%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | 25000 |  | 24969 |
| Weatherford International Ltd. | Weatherford International Ltd. | Weatherford International Ltd. | Weatherford International Ltd. | Weatherford International Ltd. |
| &nbsp;&nbsp; 8.63%, 04/30/2030 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 8.63%, 04/30/2030 (Callable 10/31/2025) <sup>(b)</sup> | 10000 |  | 10200 |
| &nbsp;&nbsp; 6.75%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 10/15/2033 (Callable 10/15/2028) <sup>(b)</sup> | 30000 |  | 30000 |
|  Western Midstream Operating LP, 4.05%, 02/01/2030 (Callable 11/01/2029) <sup>(f)</sup> | Western Midstream Operating LP, 4.05%, 02/01/2030 (Callable 11/01/2029) <sup>(f)</sup> | 70000 |  | 68089 |
|  Williams Cos., Inc., 5.30%, 09/30/2035 (Callable 06/30/2035) | Williams Cos., Inc., 5.30%, 09/30/2035 (Callable 06/30/2035) | 136000 |  | 137972 |
|  |  |  |  | 7873375 |
| **Financial - 7.3%** | **Financial - 7.3%** | **Financial - 7.3%** | **Financial - 7.3%** | **Financial - 7.3%** |
|  Acrisure LLC / Acrisure Finance, Inc., 6.75%, 07/01/2032 (Callable 07/01/2028) <sup>(b)</sup> | Acrisure LLC / Acrisure Finance, Inc., 6.75%, 07/01/2032 (Callable 07/01/2028) <sup>(b)</sup> | 25000 |  | 25688 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust |
| &nbsp;&nbsp; 6.95% to 03/10/2030 then 5 yr. CMT Rate + 2.72%, 03/10/2055 (Callable 12/10/2029) | &nbsp;&nbsp; 6.95% to 03/10/2030 then 5 yr. CMT Rate + 2.72%, 03/10/2055 (Callable 12/10/2029) | 150000 |  | 156675 |
| &nbsp;&nbsp; 6.50% to 01/31/2031 then 5 yr. CMT Rate + 2.44%, 01/31/2056 (Callable 10/31/2030) | &nbsp;&nbsp; 6.50% to 01/31/2031 then 5 yr. CMT Rate + 2.44%, 01/31/2056 (Callable 10/31/2030) | 150000 |  | 156401 |
|  Agree LP, 5.63%, 06/15/2034 (Callable 03/15/2034) | Agree LP, 5.63%, 06/15/2034 (Callable 03/15/2034) | 47000 |  | 48951 |
|  Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer, 6.50%, 10/01/2031 (Callable 10/01/2027) <sup>(b)</sup> | Alliant Holdings Intermediate LLC / Alliant Holdings Co.-Issuer, 6.50%, 10/01/2031 (Callable 10/01/2027) <sup>(b)</sup> | 15000 |  | 15300 |
| American Express Co. | American Express Co. | American Express Co. | American Express Co. | American Express Co. |
| &nbsp;&nbsp; 5.39% to 07/28/2026 then SOFR + 0.97%, 07/28/2027 (Callable 07/28/2026) | &nbsp;&nbsp; 5.39% to 07/28/2026 then SOFR + 0.97%, 07/28/2027 (Callable 07/28/2026) | 64000 |  | 64629 |
| &nbsp;&nbsp; 5.02% to 04/25/2030 then SOFR + 1.44%, 04/25/2031 (Callable 04/25/2030) | &nbsp;&nbsp; 5.02% to 04/25/2030 then SOFR + 1.44%, 04/25/2031 (Callable 04/25/2030) | 77000 |  | 79112 |
|  American Homes 4 Rent LP, 5.50%, 02/01/2034 (Callable 11/01/2033) | American Homes 4 Rent LP, 5.50%, 02/01/2034 (Callable 11/01/2033) | 51000 |  | 52749 |
|  American International Group, Inc., 5.45%, 05/07/2035 (Callable 02/07/2035) | American International Group, Inc., 5.45%, 05/07/2035 (Callable 02/07/2035) | 14000 |  | 14586 |
| American National Group, Inc. | American National Group, Inc. | American National Group, Inc. | American National Group, Inc. | American National Group, Inc. |
| &nbsp;&nbsp; 5.75%, 10/01/2029 (Callable 09/01/2029) | &nbsp;&nbsp; 5.75%, 10/01/2029 (Callable 09/01/2029) | 30000 |  | 31036 |
| &nbsp;&nbsp; 6.00%, 07/15/2035 (Callable 04/15/2035) | &nbsp;&nbsp; 6.00%, 07/15/2035 (Callable 04/15/2035) | 33000 |  | 33651 |
| American Tower Corp. | American Tower Corp. | American Tower Corp. | American Tower Corp. | American Tower Corp. |
| &nbsp;&nbsp; 3.65%, 03/15/2027 (Callable 02/15/2027) | &nbsp;&nbsp; 3.65%, 03/15/2027 (Callable 02/15/2027) | 69000 |  | 68461 |
| &nbsp;&nbsp; 5.25%, 07/15/2028 (Callable 06/15/2028) | &nbsp;&nbsp; 5.25%, 07/15/2028 (Callable 06/15/2028) | 24000 |  | 24619 |
| &nbsp;&nbsp; 4.63%, 05/16/2031 (Callable 02/16/2031) | &nbsp;&nbsp; 4.63%, 05/16/2031 (Callable 02/16/2031) | 100000 |  | 125363 |
| &nbsp;&nbsp; 5.55%, 07/15/2033 (Callable 04/15/2033) | &nbsp;&nbsp; 5.55%, 07/15/2033 (Callable 04/15/2033) | 65000 |  | 68049 |
| &nbsp;&nbsp; 3.70%, 10/15/2049 (Callable 04/15/2049) | &nbsp;&nbsp; 3.70%, 10/15/2049 (Callable 04/15/2049) | 25000 |  | 18655 |
|  Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp., 7.00%, 04/15/2030 (Callable 10/16/2025) <sup>(b)</sup> | Anywhere Real Estate Group LLC / Anywhere Co.-Issuer Corp., 7.00%, 04/15/2030 (Callable 10/16/2025) <sup>(b)</sup> | 15000 |  | 15150 |
|  Aon North America, Inc., 5.13%, 03/01/2027 (Callable 02/01/2027) | Aon North America, Inc., 5.13%, 03/01/2027 (Callable 02/01/2027) | 67000 |  | 67962 |
|  APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves, 7.88%, 11/01/2029 (Callable 11/01/2026) <sup>(b)</sup> | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves, 7.88%, 11/01/2029 (Callable 11/01/2026) <sup>(b)</sup> | 10000 |  | 10437 |
|  Arthur J Gallagher & Co., 4.85%, 12/15/2029 (Callable 11/15/2029) | Arthur J Gallagher & Co., 4.85%, 12/15/2029 (Callable 11/15/2029) | 20000 |  | 20423 |
|  Aspen Insurance Holdings Ltd., 5.75%, 07/01/2030 (Callable 06/01/2030) | Aspen Insurance Holdings Ltd., 5.75%, 07/01/2030 (Callable 06/01/2030) | 29000 |  | 30299 |
| Athene Global Funding | Athene Global Funding | Athene Global Funding | Athene Global Funding | Athene Global Funding |
| &nbsp;&nbsp; 4.72%, 10/08/2029 <sup>(b)</sup> | &nbsp;&nbsp; 4.72%, 10/08/2029 <sup>(b)</sup> | 31000 |  | 31202 |
| &nbsp;&nbsp; 5.03%, 07/17/2030 <sup>(b)</sup> | &nbsp;&nbsp; 5.03%, 07/17/2030 <sup>(b)</sup> | 19000 |  | 19286 |
|  Athene Holding Ltd., 6.63% to 10/15/2034 then 5 yr. CMT Rate + 2.61%, 10/15/2054 (Callable 07/15/2034) | Athene Holding Ltd., 6.63% to 10/15/2034 then 5 yr. CMT Rate + 2.61%, 10/15/2054 (Callable 07/15/2034) | 52000 |  | 52551 |
|  Aviation Capital Group LLC, 5.38%, 07/15/2029 (Callable 06/15/2029) <sup>(b)</sup> | Aviation Capital Group LLC, 5.38%, 07/15/2029 (Callable 06/15/2029) <sup>(b)</sup> | 47000 |  | 48131 |
| Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. | Avolon Holdings Funding Ltd. |
| &nbsp;&nbsp; 2.53%, 11/18/2027 (Callable 10/18/2027) <sup>(b)</sup> | &nbsp;&nbsp; 2.53%, 11/18/2027 (Callable 10/18/2027) <sup>(b)</sup> | 31000 |  | 29771 |
| &nbsp;&nbsp; 5.75%, 03/01/2029 (Callable 02/01/2029) <sup>(b)</sup> | &nbsp;&nbsp; 5.75%, 03/01/2029 (Callable 02/01/2029) <sup>(b)</sup> | 105000 |  | 108250 |
| Azorra Finance Ltd. | Azorra Finance Ltd. | Azorra Finance Ltd. | Azorra Finance Ltd. | Azorra Finance Ltd. |
| &nbsp;&nbsp; 7.75%, 04/15/2030 (Callable 10/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 7.75%, 04/15/2030 (Callable 10/15/2026) <sup>(b)</sup> | 15000 |  | 15731 |
| &nbsp;&nbsp; 7.25%, 01/15/2031 (Callable 07/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; 7.25%, 01/15/2031 (Callable 07/15/2027) <sup>(b)</sup> | 25000 |  | 26031 |
|  Banco de Bogota SA, 6.25%, 05/12/2026 | Banco de Bogota SA, 6.25%, 05/12/2026 | 200000 |  | 201342 |
|  Banco de Credito del Peru SA, 3.25% to 09/30/2026 then 5 yr. CMT Rate + 2.45%, 09/30/2031 (Callable 09/30/2026) | Banco de Credito del Peru SA, 3.25% to 09/30/2026 then 5 yr. CMT Rate + 2.45%, 09/30/2031 (Callable 09/30/2026) | 175000 |  | 171515 |
|  Banco do Brasil SA/Cayman, 8.75% to 04/15/2034 then 10 yr. CMT Rate + 4.40%, Perpetual (Callable 10/15/2025) | Banco do Brasil SA/Cayman, 8.75% to 04/15/2034 then 10 yr. CMT Rate + 4.40%, Perpetual (Callable 10/15/2025) | 200000 |  | 199500 |
|  Banco Industrial SA/Guatemala, 4.88% to 01/29/2026 then 5 yr. CMT Rate + 4.44%, 01/29/2031 (Callable 01/29/2026) | Banco Industrial SA/Guatemala, 4.88% to 01/29/2026 then 5 yr. CMT Rate + 4.44%, 01/29/2031 (Callable 01/29/2026) | 150000 |  | 149250 |
|  Banco Internacional del Peru SAA Interbank, 6.40% to 04/30/2030 then 5 yr. CMT Rate + 2.07%, 04/30/2035 (Callable 04/30/2030) <sup>(b)</sup> | Banco Internacional del Peru SAA Interbank, 6.40% to 04/30/2030 then 5 yr. CMT Rate + 2.07%, 04/30/2035 (Callable 04/30/2030) <sup>(b)</sup> | 150000 |  | 155250 |
|  Banco Mercantil del Norte SA/Grand Cayman, 8.38% to 05/20/2031 then 5 yr. CMT Rate + 4.07%, Perpetual (Callable 05/20/2031) <sup>(b)</sup> | Banco Mercantil del Norte SA/Grand Cayman, 8.38% to 05/20/2031 then 5 yr. CMT Rate + 4.07%, Perpetual (Callable 05/20/2031) <sup>(b)</sup> | 200000 |  | 210250 |
|  Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/2026 | Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/2026 | 200000 |  | 198000 |
| Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | Bank of America Corp. | Bank of America Corp. |
| &nbsp;&nbsp; 1.73% to 07/22/2026 then SOFR + 0.96%, 07/22/2027 (Callable 07/22/2026) | &nbsp;&nbsp; 1.73% to 07/22/2026 then SOFR + 0.96%, 07/22/2027 (Callable 07/22/2026) | 46000 |  | 45085 |
| &nbsp;&nbsp; 2.55% to 02/04/2027 then SOFR + 1.05%, 02/04/2028 (Callable 02/04/2027) | &nbsp;&nbsp; 2.55% to 02/04/2027 then SOFR + 1.05%, 02/04/2028 (Callable 02/04/2027) | 74000 |  | 72474 |
| &nbsp;&nbsp; 3.71% to 04/24/2027 then 3 mo. Term SOFR + 1.77%, 04/24/2028 (Callable 04/24/2027) | &nbsp;&nbsp; 3.71% to 04/24/2027 then 3 mo. Term SOFR + 1.77%, 04/24/2028 (Callable 04/24/2027) | 79000 |  | 78492 |
| &nbsp;&nbsp; 6.63% to 05/01/2030 then 5 yr. CMT Rate + 2.68%, Perpetual (Callable 05/01/2030) | &nbsp;&nbsp; 6.63% to 05/01/2030 then 5 yr. CMT Rate + 2.68%, Perpetual (Callable 05/01/2030) | 273000 |  | 284261 |
| &nbsp;&nbsp; 5.47% to 01/23/2034 then SOFR + 1.65%, 01/23/2035 (Callable 01/23/2034) | &nbsp;&nbsp; 5.47% to 01/23/2034 then SOFR + 1.65%, 01/23/2035 (Callable 01/23/2034) | 26000 |  | 27142 |
| &nbsp;&nbsp; 5.74% to 02/12/2035 then SOFR + 1.70%, 02/12/2036 (Callable 02/12/2035) <sup>(a)</sup> | &nbsp;&nbsp; 5.74% to 02/12/2035 then SOFR + 1.70%, 02/12/2036 (Callable 02/12/2035) <sup>(a)</sup> | 32000 |  | 33236 |
| Bank of Montreal | Bank of Montreal | Bank of Montreal | Bank of Montreal | Bank of Montreal |
| &nbsp;&nbsp; 7.33% to 11/26/2027 then Government of Canada 5 Year Bond Yield + 4.10%, 11/26/2082 (Callable 11/26/2027) | &nbsp;&nbsp; 7.33% to 11/26/2027 then Government of Canada 5 Year Bond Yield + 4.10%, 11/26/2082 (Callable 11/26/2027) | 270000 |  | 206038 |
| &nbsp;&nbsp; 7.30% to 11/26/2034 then 5 yr. CMT Rate + 3.01%, 11/26/2084 (Callable 11/26/2034) | &nbsp;&nbsp; 7.30% to 11/26/2034 then 5 yr. CMT Rate + 3.01%, 11/26/2084 (Callable 11/26/2034) | 330000 |  | 351077 |
| &nbsp;&nbsp; 6.88% to 11/26/2030 then 5 yr. CMT Rate + 2.98%, 11/26/2085 (Callable 11/26/2030) | &nbsp;&nbsp; 6.88% to 11/26/2030 then 5 yr. CMT Rate + 2.98%, 11/26/2085 (Callable 11/26/2030) | 200000 |  | 202208 |
|  Bank of New York Mellon Corp., 5.06% to 07/22/2031 then SOFR + 1.23%, 07/22/2032 (Callable 07/22/2031) | Bank of New York Mellon Corp., 5.06% to 07/22/2031 then SOFR + 1.23%, 07/22/2032 (Callable 07/22/2031) | 56000 |  | 57828 |
| Bank of Nova Scotia | Bank of Nova Scotia | Bank of Nova Scotia | Bank of Nova Scotia | Bank of Nova Scotia |
| &nbsp;&nbsp; 8.63% to 10/27/2027 then 5 yr. CMT Rate + 4.39%, 10/27/2082 (Callable 10/27/2027) | &nbsp;&nbsp; 8.63% to 10/27/2027 then 5 yr. CMT Rate + 4.39%, 10/27/2082 (Callable 10/27/2027) | 200000 |  | 212441 |
| &nbsp;&nbsp; 6.88% to 10/27/2035 then 5 yr. CMT Rate + 2.73%, 10/27/2085 (Callable 10/27/2035) | &nbsp;&nbsp; 6.88% to 10/27/2035 then 5 yr. CMT Rate + 2.73%, 10/27/2085 (Callable 10/27/2035) | 245000 |  | 244412 |
|  Barclays PLC, 7.63% to 09/15/2035 then USISSO05 + 3.69%, Perpetual (Callable 03/15/2035) | Barclays PLC, 7.63% to 09/15/2035 then USISSO05 + 3.69%, Perpetual (Callable 03/15/2035) | 200000 |  | 211750 |
|  Berkshire Hathaway Finance Corp., 2.38%, 06/19/2039 (Callable 03/19/2039) | Berkshire Hathaway Finance Corp., 2.38%, 06/19/2039 (Callable 03/19/2039) | 120000 |  | 110360 |
|  Brookfield Asset Management Ltd., 6.08%, 09/15/2055 (Callable 03/15/2055) | Brookfield Asset Management Ltd., 6.08%, 09/15/2055 (Callable 03/15/2055) | 30000 |  | 31098 |
| Brown & Brown, Inc. | Brown & Brown, Inc. | Brown & Brown, Inc. | Brown & Brown, Inc. | Brown & Brown, Inc. |
| &nbsp;&nbsp; 4.70%, 06/23/2028 (Callable 05/23/2028) | &nbsp;&nbsp; 4.70%, 06/23/2028 (Callable 05/23/2028) | 73000 |  | 73566 |
| &nbsp;&nbsp; 6.25%, 06/23/2055 (Callable 12/12/2054) | &nbsp;&nbsp; 6.25%, 06/23/2055 (Callable 12/12/2054) | 14000 |  | 14638 |
| Canadian Imperial Bank of Commerce | Canadian Imperial Bank of Commerce | Canadian Imperial Bank of Commerce | Canadian Imperial Bank of Commerce | Canadian Imperial Bank of Commerce |
| &nbsp;&nbsp; 5.25% to 01/13/2030 then SOFR + 1.11%, 01/13/2031 (Callable 01/13/2030) | &nbsp;&nbsp; 5.25% to 01/13/2030 then SOFR + 1.11%, 01/13/2031 (Callable 01/13/2030) | 36000 |  | 37143 |
| &nbsp;&nbsp; 7.00% to 10/28/2030 then 5 yr. CMT Rate + 3.00%, 10/28/2085 (Callable 10/28/2030) | &nbsp;&nbsp; 7.00% to 10/28/2030 then 5 yr. CMT Rate + 3.00%, 10/28/2085 (Callable 10/28/2030) | 200000 |  | 205450 |
|  Capital One Financial Corp., 1.88% to 11/02/2026 then SOFR + 0.86%, 11/02/2027 (Callable 11/02/2026) | Capital One Financial Corp., 1.88% to 11/02/2026 then SOFR + 0.86%, 11/02/2027 (Callable 11/02/2026) | 50000 |  | 48677 |
| Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. | Citigroup, Inc. |
| &nbsp;&nbsp; 6.88% to 08/15/2030 then 5 yr. CMT Rate + 2.89%, Perpetual (Callable 08/15/2030) | &nbsp;&nbsp; 6.88% to 08/15/2030 then 5 yr. CMT Rate + 2.89%, Perpetual (Callable 08/15/2030) | 19000 |  | 19570 |
| &nbsp;&nbsp; 4.95% to 05/07/2030 then SOFR + 1.46%, 05/07/2031 (Callable 05/07/2030) | &nbsp;&nbsp; 4.95% to 05/07/2030 then SOFR + 1.46%, 05/07/2031 (Callable 05/07/2030) | 30000 |  | 30594 |
| &nbsp;&nbsp; 4.50% to 09/11/2030 then SOFR + 1.17%, 09/11/2031 (Callable 09/11/2030) | &nbsp;&nbsp; 4.50% to 09/11/2030 then SOFR + 1.17%, 09/11/2031 (Callable 09/11/2030) | 21000 |  | 21001 |
| &nbsp;&nbsp; 3.06% to 01/25/2032 then SOFR + 1.35%, 01/25/2033 (Callable 01/25/2032) | &nbsp;&nbsp; 3.06% to 01/25/2032 then SOFR + 1.35%, 01/25/2033 (Callable 01/25/2032) | 77000 |  | 69966 |
|  ConnectOne Bancorp, Inc., 8.13% to 06/01/2030 then 3 mo. Term SOFR + 4.42%, 06/01/2035 (Callable 06/01/2030) | ConnectOne Bancorp, Inc., 8.13% to 06/01/2030 then 3 mo. Term SOFR + 4.42%, 06/01/2035 (Callable 06/01/2030) | 110000 |  | 113385 |
|  Corebridge Financial, Inc., 3.65%, 04/05/2027 (Callable 03/05/2027) | Corebridge Financial, Inc., 3.65%, 04/05/2027 (Callable 03/05/2027) | 45000 |  | 44604 |
|  DBS Group Holdings Ltd., 1.82% to 03/10/2026 then 5 yr. CMT Rate + 1.10%, 03/10/2031 (Callable 03/10/2026) | DBS Group Holdings Ltd., 1.82% to 03/10/2026 then 5 yr. CMT Rate + 1.10%, 03/10/2031 (Callable 03/10/2026) | 200000 |  | 197834 |
|  Equinix, Inc., 2.95%, 09/15/2051 (Callable 03/15/2051) | Equinix, Inc., 2.95%, 09/15/2051 (Callable 03/15/2051) | 58000 |  | 36933 |
|  Essential Properties LP, 5.40%, 12/01/2035 (Callable 09/01/2035) | Essential Properties LP, 5.40%, 12/01/2035 (Callable 09/01/2035) | 20000 |  | 20054 |
|  Extra Space Storage LP, 5.40%, 06/15/2035 (Callable 03/15/2035) | Extra Space Storage LP, 5.40%, 06/15/2035 (Callable 03/15/2035) | 36000 |  | 36655 |
|  First Citizens BancShares, Inc./NC, 6.25% to 03/12/2035 then 5 yr. CMT Rate + 1.97%, 03/12/2040 (Callable 12/12/2034) | First Citizens BancShares, Inc./NC, 6.25% to 03/12/2035 then 5 yr. CMT Rate + 1.97%, 03/12/2040 (Callable 12/12/2034) | 170000 |  | 171913 |
|  First Industrial LP, 5.25%, 01/15/2031 (Callable 12/15/2030) | First Industrial LP, 5.25%, 01/15/2031 (Callable 12/15/2030) | 44000 |  | 45120 |
|  First Interstate BancSystem, Inc., 7.63% to 06/15/2030 then 3 mo. Term SOFR + 3.98%, 06/15/2035 (Callable 06/15/2030) | First Interstate BancSystem, Inc., 7.63% to 06/15/2030 then 3 mo. Term SOFR + 3.98%, 06/15/2035 (Callable 06/15/2030) | 70000 |  | 71750 |
|  Five Star Bancorp, 6.00% to 09/01/2027 then SOFR + 3.29%, 09/01/2032 (Callable 08/18/2027) <sup>(b)</sup> | Five Star Bancorp, 6.00% to 09/01/2027 then SOFR + 3.29%, 09/01/2032 (Callable 08/18/2027) <sup>(b)</sup> | 50000 |  | 48119 |
|  Focus Financial Partners LLC, 6.75%, 09/15/2031 (Callable 09/15/2027) <sup>(b)</sup> | Focus Financial Partners LLC, 6.75%, 09/15/2031 (Callable 09/15/2027) <sup>(b)</sup> | 50000 |  | 51000 |
|  Freedom Mortgage Holdings LLC, 8.38%, 04/01/2032 (Callable 04/01/2028) <sup>(b)</sup> | Freedom Mortgage Holdings LLC, 8.38%, 04/01/2032 (Callable 04/01/2028) <sup>(b)</sup> | 5000 |  | 5225 |
|  GGAM Finance Ltd., 6.88%, 04/15/2029 (Callable 04/15/2026) <sup>(b)</sup> | GGAM Finance Ltd., 6.88%, 04/15/2029 (Callable 04/15/2026) <sup>(b)</sup> | 30000 |  | 31050 |
|  Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/2027 (Callable 03/01/2026) <sup>(b)</sup> | Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/2027 (Callable 03/01/2026) <sup>(b)</sup> | 65000 |  | 66787 |
|  Goldman Sachs Group, Inc., 6.85% to 02/10/2030 then 5 yr. CMT Rate + 2.46%, Perpetual (Callable 02/10/2030) | Goldman Sachs Group, Inc., 6.85% to 02/10/2030 then 5 yr. CMT Rate + 2.46%, Perpetual (Callable 02/10/2030) | 16000 |  | 16600 |
|  Guardian Life Global Funding, 4.80%, 04/28/2030 <sup>(b)</sup> | Guardian Life Global Funding, 4.80%, 04/28/2030 <sup>(b)</sup> | 30000 |  | 30627 |
| Host Hotels & Resorts LP | Host Hotels & Resorts LP | Host Hotels & Resorts LP | Host Hotels & Resorts LP | Host Hotels & Resorts LP |
| &nbsp;&nbsp; 3.38%, 12/15/2029 (Callable 09/15/2029) | &nbsp;&nbsp; 3.38%, 12/15/2029 (Callable 09/15/2029) | 45000 |  | 42709 |
| &nbsp;&nbsp; 3.50%, 09/15/2030 (Callable 06/15/2030) | &nbsp;&nbsp; 3.50%, 09/15/2030 (Callable 06/15/2030) | 30000 |  | 28150 |
| HSBC Holdings PLC | HSBC Holdings PLC | HSBC Holdings PLC | HSBC Holdings PLC | HSBC Holdings PLC |
| &nbsp;&nbsp; 5.88% (SOFR + 1.57%), 05/13/2031 (Callable 05/13/2030) | &nbsp;&nbsp; 5.88% (SOFR + 1.57%), 05/13/2031 (Callable 05/13/2030) | 235000 |  | 238976 |
| &nbsp;&nbsp; 6.95% to 02/27/2032 then 5 yr. CMT Rate + 2.64%, Perpetual (Callable 08/27/2031) <sup>(a)</sup> | &nbsp;&nbsp; 6.95% to 02/27/2032 then 5 yr. CMT Rate + 2.64%, Perpetual (Callable 08/27/2031) <sup>(a)</sup> | 200000 |  | 208250 |
|  HUB International Ltd., 7.25%, 06/15/2030 (Callable 06/15/2026) <sup>(b)</sup> | HUB International Ltd., 7.25%, 06/15/2030 (Callable 06/15/2026) <sup>(b)</sup> | 15000 |  | 15600 |
| Huntington Bancshares, Inc./OH | Huntington Bancshares, Inc./OH | Huntington Bancshares, Inc./OH | Huntington Bancshares, Inc./OH | Huntington Bancshares, Inc./OH |
| &nbsp;&nbsp; 6.25% to 10/15/2030 then 5 yr. CMT Rate + 2.65%, Perpetual (Callable 10/15/2030) | &nbsp;&nbsp; 6.25% to 10/15/2030 then 5 yr. CMT Rate + 2.65%, Perpetual (Callable 10/15/2030) | 330000 |  | 328350 |
| &nbsp;&nbsp; 5.71% to 02/02/2034 then SOFR + 1.87%, 02/02/2035 (Callable 02/02/2034) | &nbsp;&nbsp; 5.71% to 02/02/2034 then SOFR + 1.87%, 02/02/2035 (Callable 02/02/2034) | 19000 |  | 19837 |
|  ING Groep NV, 7.00% to 11/16/2032 then USISSO05 + 3.59%, Perpetual (Callable 11/16/2032) | ING Groep NV, 7.00% to 11/16/2032 then USISSO05 + 3.59%, Perpetual (Callable 11/16/2032) | 200000 |  | 206250 |
|  InRetail Shopping Malls, 5.75%, 04/03/2028 (Callable 10/11/2025) | InRetail Shopping Malls, 5.75%, 04/03/2028 (Callable 10/11/2025) | 100000 |  | 100000 |
|  Iron Mountain, Inc., 6.25%, 01/15/2033 (Callable 12/06/2027) <sup>(b)</sup> | Iron Mountain, Inc., 6.25%, 01/15/2033 (Callable 12/06/2027) <sup>(b)</sup> | 5000 |  | 5100 |
| JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. | JPMorgan Chase & Co. |
| &nbsp;&nbsp; 6.07% (SOFR + 1.33%), 10/22/2027 (Callable 10/22/2026) | &nbsp;&nbsp; 6.07% (SOFR + 1.33%), 10/22/2027 (Callable 10/22/2026) | 92000 |  | 93847 |
| &nbsp;&nbsp; 4.51% (SOFR + 0.86%), 10/22/2028 (Callable 10/22/2027) | &nbsp;&nbsp; 4.51% (SOFR + 0.86%), 10/22/2028 (Callable 10/22/2027) | 88000 |  | 88714 |
| &nbsp;&nbsp; 5.14% to 01/24/2030 then SOFR + 1.01%, 01/24/2031 (Callable 01/24/2030) | &nbsp;&nbsp; 5.14% to 01/24/2030 then SOFR + 1.01%, 01/24/2031 (Callable 01/24/2030) | 31000 |  | 32044 |
| &nbsp;&nbsp; 5.10% to 04/22/2030 then SOFR + 1.44%, 04/22/2031 (Callable 04/22/2030) | &nbsp;&nbsp; 5.10% to 04/22/2030 then SOFR + 1.44%, 04/22/2031 (Callable 04/22/2030) | 69000 |  | 71159 |
| &nbsp;&nbsp; 5.58% to 07/23/2035 then SOFR + 1.64%, 07/23/2036 (Callable 07/23/2035) | &nbsp;&nbsp; 5.58% to 07/23/2035 then SOFR + 1.64%, 07/23/2036 (Callable 07/23/2035) | 23000 |  | 23836 |
|  Lineage OP LP, 5.25%, 07/15/2030 (Callable 06/15/2030) <sup>(b)</sup> | Lineage OP LP, 5.25%, 07/15/2030 (Callable 06/15/2030) <sup>(b)</sup> | 34000 |  | 34510 |
| Macquarie Airfinance Holdings Ltd. | Macquarie Airfinance Holdings Ltd. | Macquarie Airfinance Holdings Ltd. | Macquarie Airfinance Holdings Ltd. | Macquarie Airfinance Holdings Ltd. |
| &nbsp;&nbsp; 5.20%, 03/27/2028 (Callable 02/27/2028) <sup>(b)</sup> | &nbsp;&nbsp; 5.20%, 03/27/2028 (Callable 02/27/2028) <sup>(b)</sup> | 37000 |  | 37565 |
| &nbsp;&nbsp; 5.15%, 03/17/2030 (Callable 02/17/2030) <sup>(b)</sup> | &nbsp;&nbsp; 5.15%, 03/17/2030 (Callable 02/17/2030) <sup>(b)</sup> | 37000 |  | 37399 |
| &nbsp;&nbsp; 6.50%, 03/26/2031 (Callable 01/26/2031) <sup>(b)</sup> | &nbsp;&nbsp; 6.50%, 03/26/2031 (Callable 01/26/2031) <sup>(b)</sup> | 4000 |  | 4274 |
|  Marsh & McLennan Cos., Inc., 4.55%, 11/08/2027 (Callable 10/08/2027) | Marsh & McLennan Cos., Inc., 4.55%, 11/08/2027 (Callable 10/08/2027) | 70000 |  | 70800 |
|  MetLife, Inc., 6.35% to 03/15/2035 then 5 yr. CMT Rate + 2.08%, 03/15/2055 (Callable 03/15/2035) | MetLife, Inc., 6.35% to 03/15/2035 then 5 yr. CMT Rate + 2.08%, 03/15/2055 (Callable 03/15/2035) | 30000 |  | 31937 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley | Morgan Stanley | Morgan Stanley |
| &nbsp;&nbsp; 1.51% to 07/20/2026 then SOFR + 0.86%, 07/20/2027 (Callable 07/20/2026) | &nbsp;&nbsp; 1.51% to 07/20/2026 then SOFR + 0.86%, 07/20/2027 (Callable 07/20/2026) | 62000 |  | 60684 |
| &nbsp;&nbsp; 5.95% to 01/19/2033 then 5 yr. CMT Rate + 2.43%, 01/19/2038 (Callable 01/19/2033) | &nbsp;&nbsp; 5.95% to 01/19/2033 then 5 yr. CMT Rate + 2.43%, 01/19/2038 (Callable 01/19/2033) | 18000 |  | 18797 |
| &nbsp;&nbsp; 5.94% to 02/07/2034 then 5 yr. CMT Rate + 1.80%, 02/07/2039 (Callable 02/07/2034) | &nbsp;&nbsp; 5.94% to 02/07/2034 then 5 yr. CMT Rate + 1.80%, 02/07/2039 (Callable 02/07/2034) | 35000 |  | 36613 |
|  Omega Healthcare Investors, Inc., 4.75%, 01/15/2028 (Callable 10/15/2027) | Omega Healthcare Investors, Inc., 4.75%, 01/15/2028 (Callable 10/15/2027) | 35000 |  | 35260 |
| OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. | OneMain Finance Corp. |
| &nbsp;&nbsp; 7.50%, 05/15/2031 (Callable 05/15/2027) | &nbsp;&nbsp; 7.50%, 05/15/2031 (Callable 05/15/2027) | 20000 |  | 20850 |
| &nbsp;&nbsp; 7.13%, 09/15/2032 (Callable 06/15/2028) | &nbsp;&nbsp; 7.13%, 09/15/2032 (Callable 06/15/2028) | 10000 |  | 10350 |
| &nbsp;&nbsp; 6.50%, 03/15/2033 (Callable 09/15/2028) | &nbsp;&nbsp; 6.50%, 03/15/2033 (Callable 09/15/2028) | 20000 |  | 20025 |
|  Panther Escrow Issuer LLC, 7.13%, 06/01/2031 (Callable 06/01/2027) <sup>(b)</sup> | Panther Escrow Issuer LLC, 7.13%, 06/01/2031 (Callable 06/01/2027) <sup>(b)</sup> | 85000 |  | 88400 |
|  Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer, 7.00%, 02/01/2030 (Callable 08/01/2026) <sup>(b)</sup> | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer, 7.00%, 02/01/2030 (Callable 08/01/2026) <sup>(b)</sup> | 50000 |  | 51375 |
| PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. | PennyMac Financial Services, Inc. |
| &nbsp;&nbsp; 7.88%, 12/15/2029 (Callable 12/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; 7.88%, 12/15/2029 (Callable 12/15/2026) <sup>(b)</sup> | 20000 |  | 21175 |
| &nbsp;&nbsp; 6.88%, 05/15/2032 (Callable 05/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.88%, 05/15/2032 (Callable 05/15/2028) <sup>(b)</sup> | 30000 |  | 31013 |
|  Phillips Edison Grocery Center Operating Partnership I LP, 5.25%, 08/15/2032 (Callable 06/15/2032) | Phillips Edison Grocery Center Operating Partnership I LP, 5.25%, 08/15/2032 (Callable 06/15/2032) | 38000 |  | 38750 |
| PNC Financial Services Group, Inc. | PNC Financial Services Group, Inc. | PNC Financial Services Group, Inc. | PNC Financial Services Group, Inc. | PNC Financial Services Group, Inc. |
| &nbsp;&nbsp; 3.40% to 09/15/2026 then 5 yr. CMT Rate + 2.60%, Perpetual (Callable 09/15/2026) | &nbsp;&nbsp; 3.40% to 09/15/2026 then 5 yr. CMT Rate + 2.60%, Perpetual (Callable 09/15/2026) | 125000 |  | 121250 |
| &nbsp;&nbsp; 5.37% to 07/21/2035 then SOFR + 1.42%, 07/21/2036 (Callable 07/21/2035) | &nbsp;&nbsp; 5.37% to 07/21/2035 then SOFR + 1.42%, 07/21/2036 (Callable 07/21/2035) | 23000 |  | 23658 |
|  Popular, Inc., 7.25%, 03/13/2028 (Callable 02/13/2028) | Popular, Inc., 7.25%, 03/13/2028 (Callable 02/13/2028) | 140000 |  | 146506 |
|  Provident Financial Services, Inc., 9.00% to 05/15/2029 then 3 mo. Term SOFR + 4.77%, 05/15/2034 (Callable 05/15/2029) | Provident Financial Services, Inc., 9.00% to 05/15/2029 then 3 mo. Term SOFR + 4.77%, 05/15/2034 (Callable 05/15/2029) | 110000 |  | 114764 |
|  Prudential Financial, Inc., 5.20%, 03/14/2035 (Callable 12/14/2034) | Prudential Financial, Inc., 5.20%, 03/14/2035 (Callable 12/14/2034) | 44000 |  | 45371 |
|  RHP Hotel Properties LP / RHP Finance Corp., 6.50%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | RHP Hotel Properties LP / RHP Finance Corp., 6.50%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | 25000 |  | 25656 |
|  Rocket Cos., Inc., 6.38%, 08/01/2033 (Callable 08/01/2028) <sup>(b)</sup> | Rocket Cos., Inc., 6.38%, 08/01/2033 (Callable 08/01/2028) <sup>(b)</sup> | 15000 |  | 15525 |
| Royal Bank of Canada | Royal Bank of Canada | Royal Bank of Canada | Royal Bank of Canada | Royal Bank of Canada |
| &nbsp;&nbsp; 4.20% to 02/24/2027 then Government of Canada 5 Year Bond Yield + 2.71%, Perpetual (Callable 02/24/2027) | &nbsp;&nbsp; 4.20% to 02/24/2027 then Government of Canada 5 Year Bond Yield + 2.71%, Perpetual (Callable 02/24/2027) | 400000 |  | 271432 |
| &nbsp;&nbsp; 4.72% to 03/27/2027 then SOFR + 0.81%, 03/27/2028 (Callable 03/27/2027) | &nbsp;&nbsp; 4.72% to 03/27/2027 then SOFR + 0.81%, 03/27/2028 (Callable 03/27/2027) | 50000 |  | 50500 |
| &nbsp;&nbsp; 4.52% to 10/18/2027 then SOFR + 0.86%, 10/18/2028 (Callable 10/18/2027) | &nbsp;&nbsp; 4.52% to 10/18/2027 then SOFR + 0.86%, 10/18/2028 (Callable 10/18/2027) | 113000 |  | 113928 |
| &nbsp;&nbsp; 7.50% to 05/02/2029 then 5 yr. CMT Rate + 2.89%, 05/02/2084 (Callable 05/02/2029) | &nbsp;&nbsp; 7.50% to 05/02/2029 then 5 yr. CMT Rate + 2.89%, 05/02/2084 (Callable 05/02/2029) | 315000 |  | 331213 |
| &nbsp;&nbsp; 6.35% to 11/24/2034 then 5 yr. CMT Rate + 2.26%, 11/24/2084 (Callable 11/24/2034) | &nbsp;&nbsp; 6.35% to 11/24/2034 then 5 yr. CMT Rate + 2.26%, 11/24/2084 (Callable 11/24/2034) | 200000 |  | 196250 |
|  Santander Holdings USA, Inc., 5.47% to 03/20/2028 then SOFR + 1.61%, 03/20/2029 (Callable 03/20/2028) | Santander Holdings USA, Inc., 5.47% to 03/20/2028 then SOFR + 1.61%, 03/20/2029 (Callable 03/20/2028) | 23000 |  | 23421 |
| SBA Communications Corp. | SBA Communications Corp. | SBA Communications Corp. | SBA Communications Corp. | SBA Communications Corp. |
| &nbsp;&nbsp; 3.88%, 02/15/2027 (Callable 10/11/2025) | &nbsp;&nbsp; 3.88%, 02/15/2027 (Callable 10/11/2025) | 95000 |  | 93456 |
| &nbsp;&nbsp; 3.13%, 02/01/2029 (Callable 10/31/2025) | &nbsp;&nbsp; 3.13%, 02/01/2029 (Callable 10/31/2025) | 170000 |  | 159003 |
|  Simmons First National Corp., 6.25% to 10/01/2030 then 3 mo. Term SOFR + 3.02%, 10/01/2035 (Callable 10/01/2030) | Simmons First National Corp., 6.25% to 10/01/2030 then 3 mo. Term SOFR + 3.02%, 10/01/2035 (Callable 10/01/2030) | 130000 |  | 130008 |
|  Societe Generale SA, 8.13% to 05/21/2030 then 5 yr. CMT Rate + 3.79%, Perpetual (Callable 11/21/2029) <sup>(b)</sup> | Societe Generale SA, 8.13% to 05/21/2030 then 5 yr. CMT Rate + 3.79%, Perpetual (Callable 11/21/2029) <sup>(b)</sup> | 200000 |  | 209750 |
|  South State Bank NA, 8.38% to 08/15/2029 then 3 mo. Term SOFR + 4.61%, 08/15/2034 (Callable 08/15/2029) | South State Bank NA, 8.38% to 08/15/2029 then 3 mo. Term SOFR + 4.61%, 08/15/2034 (Callable 08/15/2029) | 70000 |  | 73411 |
|  Southside Bancshares, Inc., 7.00% to 08/15/2030 then 3 mo. Term SOFR + 3.57%, 08/15/2035 (Callable 08/15/2030) | Southside Bancshares, Inc., 7.00% to 08/15/2030 then 3 mo. Term SOFR + 3.57%, 08/15/2035 (Callable 08/15/2030) | 145000 |  | 145283 |
|  Starwood Property Trust, Inc., 5.25%, 10/15/2028 (Callable 07/15/2028) <sup>(b)</sup> | Starwood Property Trust, Inc., 5.25%, 10/15/2028 (Callable 07/15/2028) <sup>(b)</sup> | 25000 |  | 25004 |
|  Sun Communities Operating LP, 2.70%, 07/15/2031 (Callable 04/15/2031) | Sun Communities Operating LP, 2.70%, 07/15/2031 (Callable 04/15/2031) | 43000 |  | 38885 |
|  SURA Asset Management SA, 6.35%, 05/13/2032 (Callable 03/13/2032) <sup>(b)</sup> | SURA Asset Management SA, 6.35%, 05/13/2032 (Callable 03/13/2032) <sup>(b)</sup> | 200000 |  | 214000 |
| Toronto-Dominion Bank | Toronto-Dominion Bank | Toronto-Dominion Bank | Toronto-Dominion Bank | Toronto-Dominion Bank |
| &nbsp;&nbsp; 4.98%, 04/05/2027 | &nbsp;&nbsp; 4.98%, 04/05/2027 | 73000 |  | 73956 |
| &nbsp;&nbsp; 8.13% to 10/31/2027 then 5 yr. CMT Rate + 4.08%, 10/31/2082 (Callable 10/31/2027) | &nbsp;&nbsp; 8.13% to 10/31/2027 then 5 yr. CMT Rate + 4.08%, 10/31/2082 (Callable 10/31/2027) | 205000 |  | 215145 |
|  Travelers Cos., Inc., 5.70%, 07/24/2055 (Callable 01/24/2055) | Travelers Cos., Inc., 5.70%, 07/24/2055 (Callable 01/24/2055) | 14000 |  | 14476 |
|  Truist Financial Corp., 5.15% to 08/05/2031 then SOFR + 1.57%, 08/05/2032 (Callable 08/05/2031) | Truist Financial Corp., 5.15% to 08/05/2031 then SOFR + 1.57%, 08/05/2032 (Callable 08/05/2031) | 66000 |  | 67809 |
| UBS Group AG | UBS Group AG | UBS Group AG | UBS Group AG | UBS Group AG |
| &nbsp;&nbsp; 7.00% to 08/10/2030 then USISSO05 + 3.08%, Perpetual (Callable 02/10/2030) <sup>(b)</sup> | &nbsp;&nbsp; 7.00% to 08/10/2030 then USISSO05 + 3.08%, Perpetual (Callable 02/10/2030) <sup>(b)</sup> | 310000 |  | 317750 |
| &nbsp;&nbsp; 7.13% to 02/10/2035 then USISSO05 + 3.18%, Perpetual (Callable 08/10/2034) <sup>(b)</sup> | &nbsp;&nbsp; 7.13% to 02/10/2035 then USISSO05 + 3.18%, Perpetual (Callable 08/10/2034) <sup>(b)</sup> | 200000 |  | 205250 |
|  United Overseas Bank Ltd., 2.00% to 10/14/2026 then 5 yr. CMT Rate + 1.23%, 10/14/2031 (Callable 10/14/2026) | United Overseas Bank Ltd., 2.00% to 10/14/2026 then 5 yr. CMT Rate + 1.23%, 10/14/2031 (Callable 10/14/2026) | 200000 |  | 195193 |
|  Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC, 8.63%, 06/15/2032 (Callable 06/15/2028) <sup>(b)</sup> | Uniti Group LP / Uniti Group Finance 2019, Inc. / CSL Capital LLC, 8.63%, 06/15/2032 (Callable 06/15/2028) <sup>(b)</sup> | 15000 |  | 14325 |
|  US Bancorp, 3.70% to 01/15/2027 then 5 yr. CMT Rate + 2.54%, Perpetual (Callable 01/15/2027) | US Bancorp, 3.70% to 01/15/2027 then 5 yr. CMT Rate + 2.54%, Perpetual (Callable 01/15/2027) | 120000 |  | 115392 |
| VICI Properties LP | VICI Properties LP | VICI Properties LP | VICI Properties LP | VICI Properties LP |
| &nbsp;&nbsp; 5.13%, 05/15/2032 (Callable 02/15/2032) | &nbsp;&nbsp; 5.13%, 05/15/2032 (Callable 02/15/2032) | 145000 |  | 145808 |
| &nbsp;&nbsp; 5.63%, 04/01/2035 (Callable 01/01/2035) | &nbsp;&nbsp; 5.63%, 04/01/2035 (Callable 01/01/2035) | 150000 |  | 153717 |
| VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. | VICI Properties LP / VICI Note Co., Inc. |
| &nbsp;&nbsp; 4.63%, 12/01/2029 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 4.63%, 12/01/2029 (Callable 10/11/2025) <sup>(b)</sup> | 71000 |  | 70345 |
| &nbsp;&nbsp; 4.13%, 08/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 4.13%, 08/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | 165000 |  | 158874 |
|  Webster Financial Corp., 3.88% to 11/01/2025 then 3 mo. Term SOFR + 3.69%, 11/01/2030 (Callable 11/01/2025) | Webster Financial Corp., 3.88% to 11/01/2025 then 3 mo. Term SOFR + 3.69%, 11/01/2030 (Callable 11/01/2025) | 125000 |  | 124561 |
| Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. | Wells Fargo & Co. |
| &nbsp;&nbsp; 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 (Callable 05/22/2027) <sup>(a)</sup> | &nbsp;&nbsp; 3.58% to 05/22/2027 then 3 mo. Term SOFR + 1.57%, 05/22/2028 (Callable 05/22/2027) <sup>(a)</sup> | 78000 |  | 77317 |
| &nbsp;&nbsp; 5.15% to 04/23/2030 then SOFR + 1.50%, 04/23/2031 (Callable 04/23/2030) | &nbsp;&nbsp; 5.15% to 04/23/2030 then SOFR + 1.50%, 04/23/2031 (Callable 04/23/2030) | 107000 |  | 110502 |
| &nbsp;&nbsp; 3.90% to 07/22/2031 then 3 mo. EURIBOR + 1.22%, 07/22/2032 (Callable 07/22/2031) | &nbsp;&nbsp; 3.90% to 07/22/2031 then 3 mo. EURIBOR + 1.22%, 07/22/2032 (Callable 07/22/2031) | 100000 |  | 120781 |
| &nbsp;&nbsp; 4.89% to 09/15/2035 then SOFR + 1.34%, 09/15/2036 (Callable 09/15/2035) | &nbsp;&nbsp; 4.89% to 09/15/2035 then SOFR + 1.34%, 09/15/2036 (Callable 09/15/2035) | 37000 |  | 36872 |
|  Western Alliance Bancorp, 3.00% to 06/15/2026 then 3 mo. Term SOFR + 2.25%, 06/15/2031 (Callable 06/15/2026) | Western Alliance Bancorp, 3.00% to 06/15/2026 then 3 mo. Term SOFR + 2.25%, 06/15/2031 (Callable 06/15/2026) | 220000 |  | 213633 |
|  |  |  |  | 13572998 |
| **Government - 0.9%** | **Government - 0.9%** | **Government - 0.9%** | **Government - 0.9%** | **Government - 0.9%** |
| Asian Infrastructure Investment Bank | Asian Infrastructure Investment Bank | Asian Infrastructure Investment Bank | Asian Infrastructure Investment Bank | Asian Infrastructure Investment Bank |
| &nbsp;&nbsp; 0.20%, 12/15/2025 | &nbsp;&nbsp; 0.20%, 12/15/2025 | 75000 |  | 100060 |
| &nbsp;&nbsp; 7.00%, 03/01/2029 | &nbsp;&nbsp; 7.00%, 03/01/2029 | 20300000 |  | 230336 |
|  European Bank for Reconstruction & Development, 6.30%, 10/26/2027 | European Bank for Reconstruction & Development, 6.30%, 10/26/2027 | 11300000 |  | 126474 |
|  Indonesia Government International Bond, 1.10%, 03/12/2033 | Indonesia Government International Bond, 1.10%, 03/12/2033 | 100000 |  | 97833 |
| Inter-American Development Bank | Inter-American Development Bank | Inter-American Development Bank | Inter-American Development Bank | Inter-American Development Bank |
| &nbsp;&nbsp; 7.00%, 01/25/2029 | &nbsp;&nbsp; 7.00%, 01/25/2029 | 11000000 |  | 124936 |
| &nbsp;&nbsp; 7.35%, 10/06/2030 | &nbsp;&nbsp; 7.35%, 10/06/2030 | 13000000 |  | 149780 |
| International Bank for Reconstruction & Development | International Bank for Reconstruction & Development | International Bank for Reconstruction & Development | International Bank for Reconstruction & Development | International Bank for Reconstruction & Development |
| &nbsp;&nbsp; 1.25%, 03/16/2026 | &nbsp;&nbsp; 1.25%, 03/16/2026 | 620000 |  | 61297 |
| &nbsp;&nbsp; 7.05%, 07/22/2029 | &nbsp;&nbsp; 7.05%, 07/22/2029 | 6000000 |  | 68373 |
| &nbsp;&nbsp; 1.20%, 08/08/2034 | &nbsp;&nbsp; 1.20%, 08/08/2034 | 109000 |  | 110740 |
|  International Development Association, 1.75%, 02/17/2027 | International Development Association, 1.75%, 02/17/2027 | 540000 |  | 52430 |
|  New Zealand Local Government Funding Agency Bond, 4.70%, 08/01/2028 | New Zealand Local Government Funding Agency Bond, 4.70%, 08/01/2028 | 95000 |  | 63958 |
| Philippine Government International Bond | Philippine Government International Bond | Philippine Government International Bond | Philippine Government International Bond | Philippine Government International Bond |
| &nbsp;&nbsp; 0.88%, 05/17/2027 | &nbsp;&nbsp; 0.88%, 05/17/2027 | 185000 |  | 211164 |
| &nbsp;&nbsp; 6.25%, 01/14/2036 | &nbsp;&nbsp; 6.25%, 01/14/2036 | 5000000 |  | 85055 |
|  Province of Ontario Canada, 3.10%, 01/31/2034 | Province of Ontario Canada, 3.10%, 01/31/2034 | 100000 |  | 116910 |
|  Treasury Corp. of Victoria, 4.25%, 12/20/2032 | Treasury Corp. of Victoria, 4.25%, 12/20/2032 | 205000 |  | 133289 |
|  |  |  |  | 1732635 |
| **Industrial - 2.6%** | **Industrial - 2.6%** | **Industrial - 2.6%** | **Industrial - 2.6%** | **Industrial - 2.6%** |
|  AAR Escrow Issuer LLC, 6.75%, 03/15/2029 (Callable 03/15/2026) <sup>(b)</sup> | AAR Escrow Issuer LLC, 6.75%, 03/15/2029 (Callable 03/15/2026) <sup>(b)</sup> | 20000 |  | 20575 |
|  AECOM, 6.00%, 08/01/2033 (Callable 08/01/2028) <sup>(b)</sup> | AECOM, 6.00%, 08/01/2033 (Callable 08/01/2028) <sup>(b)</sup> | 170000 |  | 173400 |
|  AGCO Corp., 5.45%, 03/21/2027 (Callable 02/21/2027) | AGCO Corp., 5.45%, 03/21/2027 (Callable 02/21/2027) | 48000 |  | 48698 |
|  AmeriTex HoldCo Intermediate LLC, 7.63%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | AmeriTex HoldCo Intermediate LLC, 7.63%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | 25000 |  | 25906 |
|  Amphenol Corp., 4.38%, 06/12/2028 (Callable 05/12/2028) | Amphenol Corp., 4.38%, 06/12/2028 (Callable 05/12/2028) | 55000 |  | 55469 |
|  Amrize Finance US LLC, 4.95%, 04/07/2030 (Callable 03/07/2030) <sup>(b)</sup> | Amrize Finance US LLC, 4.95%, 04/07/2030 (Callable 03/07/2030) <sup>(b)</sup> | 15000 |  | 15322 |
|  Arrow Electronics, Inc., 5.88%, 04/10/2034 (Callable 01/10/2034) | Arrow Electronics, Inc., 5.88%, 04/10/2034 (Callable 01/10/2034) | 36000 |  | 37567 |
|  Ball Corp., 2.88%, 08/15/2030 (Callable 05/15/2030) | Ball Corp., 2.88%, 08/15/2030 (Callable 05/15/2030) | 275000 |  | 249219 |
|  Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/2034 <sup>(d)</sup> | Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/2034 <sup>(d)</sup> | 221979 |  | 181745 |
|  Boeing Co., 5.81%, 05/01/2050 (Callable 11/01/2049) | Boeing Co., 5.81%, 05/01/2050 (Callable 11/01/2049) | 145000 |  | 143498 |
|  Bombardier, Inc., 6.75%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | Bombardier, Inc., 6.75%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | 25000 |  | 26094 |
| Builders FirstSource, Inc. | Builders FirstSource, Inc. | Builders FirstSource, Inc. | Builders FirstSource, Inc. | Builders FirstSource, Inc. |
| &nbsp;&nbsp; 6.38%, 03/01/2034 (Callable 03/01/2029) <sup>(b)</sup> | &nbsp;&nbsp; 6.38%, 03/01/2034 (Callable 03/01/2029) <sup>(b)</sup> | 35000 |  | 36094 |
| &nbsp;&nbsp; 6.75%, 05/15/2035 (Callable 05/15/2030) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 05/15/2035 (Callable 05/15/2030) <sup>(b)</sup> | 15000 |  | 15619 |
|  Burlington Northern Santa Fe LLC, 5.50%, 03/15/2055 (Callable 09/15/2054) | Burlington Northern Santa Fe LLC, 5.50%, 03/15/2055 (Callable 09/15/2054) | 34000 |  | 34019 |
|  Carlisle Cos., Inc., 5.55%, 09/15/2040 (Callable 06/15/2040) | Carlisle Cos., Inc., 5.55%, 09/15/2040 (Callable 06/15/2040) | 14000 |  | 14128 |
|  Caterpillar Financial Services Corp., 4.40%, 03/03/2028 | Caterpillar Financial Services Corp., 4.40%, 03/03/2028 | 56000 |  | 56597 |
|  CCL Industries, Inc., 3.05%, 06/01/2030 (Callable 03/01/2030) <sup>(b)</sup> | CCL Industries, Inc., 3.05%, 06/01/2030 (Callable 03/01/2030) <sup>(b)</sup> | 37000 |  | 34781 |
|  Cellnex Finance Co. SA, 2.00%, 09/15/2032 (Callable 06/15/2032) | Cellnex Finance Co. SA, 2.00%, 09/15/2032 (Callable 06/15/2032) | 100000 |  | 106541 |
|  Cemex SAB de CV, 5.13% to 09/08/2026 then 5 yr. CMT Rate + 4.53%, Perpetual (Callable 06/08/2026) | Cemex SAB de CV, 5.13% to 09/08/2026 then 5 yr. CMT Rate + 4.53%, Perpetual (Callable 06/08/2026) | 200000 |  | 199250 |
|  Clydesdale Acquisition Holdings, Inc., 6.75%, 04/15/2032 (Callable 04/15/2028) <sup>(b)</sup> | Clydesdale Acquisition Holdings, Inc., 6.75%, 04/15/2032 (Callable 04/15/2028) <sup>(b)</sup> | 5000 |  | 5131 |
|  Cornerstone Building Brands, Inc., 9.50%, 08/15/2029 (Callable 08/15/2026) <sup>(b)</sup> | Cornerstone Building Brands, Inc., 9.50%, 08/15/2029 (Callable 08/15/2026) <sup>(b)</sup> | 20000 |  | 19375 |
|  CSX Corp., 3.80%, 11/01/2046 (Callable 05/01/2046) | CSX Corp., 3.80%, 11/01/2046 (Callable 05/01/2046) | 77000 |  | 61112 |
|  EMRLD Borrower LP / Emerald Co.-Issuer, Inc., 6.63%, 12/15/2030 (Callable 06/15/2026) <sup>(b)</sup> | EMRLD Borrower LP / Emerald Co.-Issuer, Inc., 6.63%, 12/15/2030 (Callable 06/15/2026) <sup>(b)</sup> | 30000 |  | 30750 |
|  FTAI Aviation Investors LLC, 5.88%, 04/15/2033 (Callable 10/15/2027) <sup>(b)</sup> | FTAI Aviation Investors LLC, 5.88%, 04/15/2033 (Callable 10/15/2027) <sup>(b)</sup> | 10000 |  | 10050 |
| GATX Corp. | GATX Corp. | GATX Corp. | GATX Corp. | GATX Corp. |
| &nbsp;&nbsp; 5.40%, 03/15/2027 (Callable 02/15/2027) | &nbsp;&nbsp; 5.40%, 03/15/2027 (Callable 02/15/2027) | 59000 |  | 59804 |
| &nbsp;&nbsp; 5.50%, 06/15/2035 (Callable 03/15/2035) | &nbsp;&nbsp; 5.50%, 06/15/2035 (Callable 03/15/2035) | 21000 |  | 21622 |
| &nbsp;&nbsp; 5.20%, 03/15/2044 (Callable 09/15/2043) | &nbsp;&nbsp; 5.20%, 03/15/2044 (Callable 09/15/2043) | 15000 |  | 14241 |
|  General Electric Co., 4.90%, 01/29/2036 (Callable 10/29/2035) | General Electric Co., 4.90%, 01/29/2036 (Callable 10/29/2035) | 14000 |  | 14166 |
|  Genesee & Wyoming, Inc., 6.25%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | Genesee & Wyoming, Inc., 6.25%, 04/15/2032 (Callable 04/15/2027) <sup>(b)</sup> | 35000 |  | 35525 |
|  Goat Holdco LLC, 6.75%, 02/01/2032 (Callable 02/01/2028) <sup>(b)</sup> | Goat Holdco LLC, 6.75%, 02/01/2032 (Callable 02/01/2028) <sup>(b)</sup> | 20000 |  | 20475 |
|  Griffon Corp., 5.75%, 03/01/2028 (Callable 10/31/2025) | Griffon Corp., 5.75%, 03/01/2028 (Callable 10/31/2025) | 30000 |  | 29925 |
|  Hexcel Corp., 5.88%, 02/26/2035 (Callable 11/26/2034) | Hexcel Corp., 5.88%, 02/26/2035 (Callable 11/26/2034) | 22000 |  | 22774 |
|  Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC, 9.00%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | Husky Injection Molding Systems Ltd. / Titan Co.-Borrower LLC, 9.00%, 02/15/2029 (Callable 02/15/2026) <sup>(b)</sup> | 45000 |  | 47025 |
|  Ingersoll Rand, Inc., 5.20%, 06/15/2027 (Callable 05/15/2027) | Ingersoll Rand, Inc., 5.20%, 06/15/2027 (Callable 05/15/2027) | 47000 |  | 47758 |
|  John Deere Capital Corp., 4.25%, 06/05/2028 | John Deere Capital Corp., 4.25%, 06/05/2028 | 69000 |  | 69438 |
|  L3Harris Technologies, Inc., 4.40%, 06/15/2028 (Callable 03/15/2028) | L3Harris Technologies, Inc., 4.40%, 06/15/2028 (Callable 03/15/2028) | 69000 |  | 69422 |
|  Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/2034 | Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/2034 | 155797 |  | 160916 |
|  Lockheed Martin Corp., 5.00%, 08/15/2035 (Callable 05/15/2035) | Lockheed Martin Corp., 5.00%, 08/15/2035 (Callable 05/15/2035) | 36000 |  | 36481 |
|  Madison IAQ LLC, 5.88%, 06/30/2029 (Callable 10/31/2025) <sup>(b)</sup> | Madison IAQ LLC, 5.88%, 06/30/2029 (Callable 10/31/2025) <sup>(b)</sup> | 15000 |  | 14812 |
|  MasTec, Inc., 5.90%, 06/15/2029 (Callable 05/15/2029) | MasTec, Inc., 5.90%, 06/15/2029 (Callable 05/15/2029) | 37000 |  | 38615 |
|  Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC, 6.75%, 04/01/2032 (Callable 04/01/2027) <sup>(b)</sup> | Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC, 6.75%, 04/01/2032 (Callable 04/01/2027) <sup>(b)</sup> | 30000 |  | 30750 |
|  Molex Electronic Technologies LLC, 5.25%, 04/30/2032 (Callable 02/29/2032) <sup>(b)</sup> | Molex Electronic Technologies LLC, 5.25%, 04/30/2032 (Callable 02/29/2032) <sup>(b)</sup> | 38000 |  | 38676 |
|  Northrop Grumman Corp., 5.20%, 06/01/2054 (Callable 12/01/2053) | Northrop Grumman Corp., 5.20%, 06/01/2054 (Callable 12/01/2053) | 63000 |  | 59635 |
|  Owens Corning, 5.70%, 06/15/2034 (Callable 03/15/2034) | Owens Corning, 5.70%, 06/15/2034 (Callable 03/15/2034) | 32000 |  | 33676 |
|  Owens-Brockway Glass Container, Inc., 7.25%, 05/15/2031 (Callable 05/15/2026) <sup>(b)</sup> | Owens-Brockway Glass Container, Inc., 7.25%, 05/15/2031 (Callable 05/15/2026) <sup>(b)</sup> | 30000 |  | 30487 |
| Penske Truck Leasing Co. Lp / PTL Finance Corp. | Penske Truck Leasing Co. Lp / PTL Finance Corp. | Penske Truck Leasing Co. Lp / PTL Finance Corp. | Penske Truck Leasing Co. Lp / PTL Finance Corp. | Penske Truck Leasing Co. Lp / PTL Finance Corp. |
| &nbsp;&nbsp; 5.35%, 03/30/2029 (Callable 02/28/2029) <sup>(b)</sup> | &nbsp;&nbsp; 5.35%, 03/30/2029 (Callable 02/28/2029) <sup>(b)</sup> | 76000 |  | 78091 |
| &nbsp;&nbsp; 5.25%, 02/01/2030 (Callable 01/01/2030) <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 02/01/2030 (Callable 01/01/2030) <sup>(b)</sup> | 68000 |  | 70064 |
| Quikrete Holdings, Inc. | Quikrete Holdings, Inc. | Quikrete Holdings, Inc. | Quikrete Holdings, Inc. | Quikrete Holdings, Inc. |
| &nbsp;&nbsp; 6.38%, 03/01/2032 (Callable 03/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.38%, 03/01/2032 (Callable 03/01/2028) <sup>(b)</sup> | 85000 |  | 87869 |
| &nbsp;&nbsp; 6.75%, 03/01/2033 (Callable 03/01/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 03/01/2033 (Callable 03/01/2028) <sup>(b)</sup> | 85000 |  | 87975 |
|  Regal Rexnord Corp., 6.05%, 04/15/2028 (Callable 03/15/2028) | Regal Rexnord Corp., 6.05%, 04/15/2028 (Callable 03/15/2028) | 65000 |  | 67076 |
|  Republic Services, Inc., 5.15%, 03/15/2035 (Callable 12/15/2034) | Republic Services, Inc., 5.15%, 03/15/2035 (Callable 12/15/2034) | 35000 |  | 36077 |
|  Ryder System, Inc., 5.25%, 06/01/2028 (Callable 05/01/2028) | Ryder System, Inc., 5.25%, 06/01/2028 (Callable 05/01/2028) | 70000 |  | 71750 |
|  Sealed Air Corp., 5.00%, 04/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | Sealed Air Corp., 5.00%, 04/15/2029 (Callable 10/31/2025) <sup>(b)</sup> | 65000 |  | 64512 |
|  Sealed Air Corp./Sealed Air Corp. US, 7.25%, 02/15/2031 (Callable 11/15/2026) <sup>(b)</sup> | Sealed Air Corp./Sealed Air Corp. US, 7.25%, 02/15/2031 (Callable 11/15/2026) <sup>(b)</sup> | 20000 |  | 21000 |
|  Seaspan Corp., 5.50%, 08/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | Seaspan Corp., 5.50%, 08/01/2029 (Callable 10/31/2025) <sup>(b)</sup> | 20000 |  | 19250 |
|  Simpar Europe SA, 5.20%, 01/26/2031 (Callable 01/26/2026) | Simpar Europe SA, 5.20%, 01/26/2031 (Callable 01/26/2026) | 200000 |  | 166000 |
|  Sonoco Products Co., 4.60%, 09/01/2029 (Callable 08/01/2029) | Sonoco Products Co., 4.60%, 09/01/2029 (Callable 08/01/2029) | 34000 |  | 34209 |
|  Standard Building Solutions, Inc., 6.50%, 08/15/2032 (Callable 08/15/2027) <sup>(b)</sup> | Standard Building Solutions, Inc., 6.50%, 08/15/2032 (Callable 08/15/2027) <sup>(b)</sup> | 15000 |  | 15394 |
|  Stanley Black & Decker, Inc., 6.71% to 03/15/2030 then 5 yr. CMT Rate + 2.66%, 03/15/2060 (Callable 03/15/2030) | Stanley Black & Decker, Inc., 6.71% to 03/15/2030 then 5 yr. CMT Rate + 2.66%, 03/15/2060 (Callable 03/15/2030) | 355000 |  | 353838 |
|  Star Leasing Co. LLC, 7.63%, 02/15/2030 (Callable 02/15/2027) <sup>(b)</sup> | Star Leasing Co. LLC, 7.63%, 02/15/2030 (Callable 02/15/2027) <sup>(b)</sup> | 10000 |  | 9725 |
| TransDigm, Inc. | TransDigm, Inc. | TransDigm, Inc. | TransDigm, Inc. | TransDigm, Inc. |
| &nbsp;&nbsp; 7.13%, 12/01/2031 (Callable 12/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 7.13%, 12/01/2031 (Callable 12/01/2026) <sup>(b)</sup> | 290000 |  | 301962 |
| &nbsp;&nbsp; 6.38%, 05/31/2033 (Callable 05/31/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.38%, 05/31/2033 (Callable 05/31/2028) <sup>(b)</sup> | 55000 |  | 55687 |
| &nbsp;&nbsp; 6.25%, 01/31/2034 (Callable 08/31/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.25%, 01/31/2034 (Callable 08/31/2028) <sup>(b)</sup> | 50000 |  | 51250 |
| &nbsp;&nbsp; 6.75%, 01/31/2034 (Callable 08/31/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.75%, 01/31/2034 (Callable 08/31/2028) <sup>(b)</sup> | 100000 |  | 103375 |
|  Trident TPI Holdings, Inc., 12.75%, 12/31/2028 (Callable 12/31/2025) <sup>(b)</sup> | Trident TPI Holdings, Inc., 12.75%, 12/31/2028 (Callable 12/31/2025) <sup>(b)</sup> | 20000 |  | 21275 |
|  Veralto Corp., 5.45%, 09/18/2033 (Callable 06/18/2033) | Veralto Corp., 5.45%, 09/18/2033 (Callable 06/18/2033) | 17000 |  | 17766 |
|  Vertiv Group Corp., 4.13%, 11/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | Vertiv Group Corp., 4.13%, 11/15/2028 (Callable 10/31/2025) <sup>(b)</sup> | 17000 |  | 16575 |
|  Waste Connections, Inc., 5.25%, 09/01/2035 (Callable 06/01/2035) | Waste Connections, Inc., 5.25%, 09/01/2035 (Callable 06/01/2035) | 28000 |  | 28886 |
|  Waste Management, Inc., 4.95%, 07/03/2027 (Callable 06/03/2027) | Waste Management, Inc., 4.95%, 07/03/2027 (Callable 06/03/2027) | 85000 |  | 86434 |
|  Waste Pro USA, Inc., 7.00%, 02/01/2033 (Callable 02/01/2028) <sup>(b)</sup> | Waste Pro USA, Inc., 7.00%, 02/01/2033 (Callable 02/01/2028) <sup>(b)</sup> | 20000 |  | 20725 |
|  Watco Cos. LLC / Watco Finance Corp., 7.13%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | Watco Cos. LLC / Watco Finance Corp., 7.13%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | 15000 |  | 15506 |
|  WESCO Distribution, Inc., 6.38%, 03/15/2033 (Callable 03/15/2028) <sup>(b)</sup> | WESCO Distribution, Inc., 6.38%, 03/15/2033 (Callable 03/15/2028) <sup>(b)</sup> | 20000 |  | 20700 |
|  Westinghouse Air Brake Technologies Corp., 4.90%, 05/29/2030 (Callable 04/29/2030) | Westinghouse Air Brake Technologies Corp., 4.90%, 05/29/2030 (Callable 04/29/2030) | 69000 |  | 70408 |
|  XPO, Inc., 7.13%, 06/01/2031 (Callable 06/01/2026) <sup>(b)</sup> | XPO, Inc., 7.13%, 06/01/2031 (Callable 06/01/2026) <sup>(b)</sup> | 30000 |  | 31237 |
|  Yinson Bergenia Production BV, 8.50%, 01/31/2045 (Callable 01/31/2043) <sup>(b)</sup> | Yinson Bergenia Production BV, 8.50%, 01/31/2045 (Callable 01/31/2043) <sup>(b)</sup> | 200000 |  | 213776 |
|  |  |  |  | 4735555 |
| **Technology - 1.4%** | **Technology - 1.4%** | **Technology - 1.4%** | **Technology - 1.4%** | **Technology - 1.4%** |
|  Advanced Micro Devices, Inc., 4.32%, 03/24/2028 (Callable 02/24/2028) | Advanced Micro Devices, Inc., 4.32%, 03/24/2028 (Callable 02/24/2028) | 37000 |  | 37291 |
|  Amentum Holdings, Inc., 7.25%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | Amentum Holdings, Inc., 7.25%, 08/01/2032 (Callable 08/01/2027) <sup>(b)</sup> | 15000 |  | 15525 |
|  Analog Devices, Inc., 4.25%, 06/15/2028 (Callable 05/15/2028) | Analog Devices, Inc., 4.25%, 06/15/2028 (Callable 05/15/2028) | 83000 |  | 83561 |
|  AthenaHealth Group, Inc., 6.50%, 02/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | AthenaHealth Group, Inc., 6.50%, 02/15/2030 (Callable 10/31/2025) <sup>(b)</sup> | 20000 |  | 19800 |
|  Atlassian Corp., 5.25%, 05/15/2029 (Callable 04/15/2029) | Atlassian Corp., 5.25%, 05/15/2029 (Callable 04/15/2029) | 23000 |  | 23617 |
| Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. | Broadcom, Inc. |
| &nbsp;&nbsp; 4.15%, 02/15/2028 (Callable 01/15/2028) | &nbsp;&nbsp; 4.15%, 02/15/2028 (Callable 01/15/2028) | 76000 |  | 76132 |
| &nbsp;&nbsp; 4.80%, 04/15/2028 (Callable 03/15/2028) <sup>(a)</sup> | &nbsp;&nbsp; 4.80%, 04/15/2028 (Callable 03/15/2028) <sup>(a)</sup> | 97000 |  | 98680 |
| &nbsp;&nbsp; 3.50%, 02/15/2041 (Callable 08/15/2040) <sup>(b)</sup> | &nbsp;&nbsp; 3.50%, 02/15/2041 (Callable 08/15/2040) <sup>(b)</sup> | 81000 |  | 66533 |
|  CACI International, Inc., 6.38%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | CACI International, Inc., 6.38%, 06/15/2033 (Callable 06/15/2028) <sup>(b)</sup> | 85000 |  | 87444 |
|  Cadence Design Systems, Inc., 4.20%, 09/10/2027 | Cadence Design Systems, Inc., 4.20%, 09/10/2027 | 121000 |  | 121155 |
| Cloud Software Group, Inc. | Cloud Software Group, Inc. | Cloud Software Group, Inc. | Cloud Software Group, Inc. | Cloud Software Group, Inc. |
| &nbsp;&nbsp; 6.50%, 03/31/2029 (Callable 10/11/2025) <sup>(b)</sup> | &nbsp;&nbsp; 6.50%, 03/31/2029 (Callable 10/11/2025) <sup>(b)</sup> | 60000 |  | 60462 |
| &nbsp;&nbsp; 6.63%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; 6.63%, 08/15/2033 (Callable 08/15/2028) <sup>(b)</sup> | 226000 |  | 231933 |
|  CoreWeave, Inc., 9.25%, 06/01/2030 (Callable 06/01/2027) <sup>(b)</sup> | CoreWeave, Inc., 9.25%, 06/01/2030 (Callable 06/01/2027) <sup>(b)</sup> | 295000 |  | 304219 |
|  Dell International LLC / EMC Corp., 8.35%, 07/15/2046 (Callable 01/15/2046) | Dell International LLC / EMC Corp., 8.35%, 07/15/2046 (Callable 01/15/2046) | 110000 |  | 142585 |
|  Dell, Inc., 6.50%, 04/15/2038 | Dell, Inc., 6.50%, 04/15/2038 | 17000 |  | 18420 |
|  Ellucian Holdings, Inc., 6.50%, 12/01/2029 (Callable 12/01/2026) <sup>(b)</sup> | Ellucian Holdings, Inc., 6.50%, 12/01/2029 (Callable 12/01/2026) <sup>(b)</sup> | 15000 |  | 15262 |
| Fiserv, Inc. | Fiserv, Inc. | Fiserv, Inc. | Fiserv, Inc. | Fiserv, Inc. |
| &nbsp;&nbsp; 5.15%, 03/15/2027 (Callable 02/15/2027) | &nbsp;&nbsp; 5.15%, 03/15/2027 (Callable 02/15/2027) | 55000 |  | 55698 |
| &nbsp;&nbsp; 5.45%, 03/15/2034 (Callable 12/15/2033) | &nbsp;&nbsp; 5.45%, 03/15/2034 (Callable 12/15/2033) | 63000 |  | 65021 |
|  Gartner, Inc., 3.75%, 10/01/2030 (Callable 10/11/2025) <sup>(b)</sup> | Gartner, Inc., 3.75%, 10/01/2030 (Callable 10/11/2025) <sup>(b)</sup> | 90000 |  | 84965 |
|  Hewlett Packard Enterprise Co., 5.00%, 10/15/2034 (Callable 07/15/2034) | Hewlett Packard Enterprise Co., 5.00%, 10/15/2034 (Callable 07/15/2034) | 73000 |  | 72134 |
|  Kyndryl Holdings, Inc., 4.10%, 10/15/2041 (Callable 04/15/2041) | Kyndryl Holdings, Inc., 4.10%, 10/15/2041 (Callable 04/15/2041) | 87000 |  | 70593 |
|  Marvell Technology, Inc., 5.95%, 09/15/2033 (Callable 06/15/2033) | Marvell Technology, Inc., 5.95%, 09/15/2033 (Callable 06/15/2033) | 66000 |  | 70689 |
| MSCI, Inc. | MSCI, Inc. | MSCI, Inc. | MSCI, Inc. | MSCI, Inc. |
| &nbsp;&nbsp; 3.63%, 09/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 3.63%, 09/01/2030 (Callable 10/31/2025) <sup>(b)</sup> | 250000 |  | 237740 |
| &nbsp;&nbsp; 3.88%, 02/15/2031 (Callable 10/31/2025) <sup>(b)</sup> | &nbsp;&nbsp; 3.88%, 02/15/2031 (Callable 10/31/2025) <sup>(b)</sup> | 105000 |  | 100661 |
| &nbsp;&nbsp; 3.63%, 11/01/2031 (Callable 11/01/2026) <sup>(b)</sup> | &nbsp;&nbsp; 3.63%, 11/01/2031 (Callable 11/01/2026) <sup>(b)</sup> | 126000 |  | 117931 |
|  NetApp, Inc., 5.50%, 03/17/2032 (Callable 01/17/2032) | NetApp, Inc., 5.50%, 03/17/2032 (Callable 01/17/2032) | 16000 |  | 16615 |
|  NXP BV / NXP Funding LLC / NXP USA, Inc., 4.85%, 08/19/2032 (Callable 06/19/2032) | NXP BV / NXP Funding LLC / NXP USA, Inc., 4.85%, 08/19/2032 (Callable 06/19/2032) | 28000 |  | 28018 |
|  Oracle Corp., 5.88%, 09/26/2045 (Callable 03/26/2045) | Oracle Corp., 5.88%, 09/26/2045 (Callable 03/26/2045) | 29000 |  | 29043 |
|  Paychex, Inc., 5.35%, 04/15/2032 (Callable 02/15/2032) | Paychex, Inc., 5.35%, 04/15/2032 (Callable 02/15/2032) | 68000 |  | 70441 |
|  Qorvo, Inc., 3.38%, 04/01/2031 (Callable 04/01/2026) <sup>(b)</sup> | Qorvo, Inc., 3.38%, 04/01/2031 (Callable 04/01/2026) <sup>(b)</sup> | 32000 |  | 29320 |
|  Roper Technologies, Inc., 4.25%, 09/15/2028 (Callable 08/15/2028) | Roper Technologies, Inc., 4.25%, 09/15/2028 (Callable 08/15/2028) | 11000 |  | 11054 |
|  Synopsys, Inc., 4.65%, 04/01/2028 (Callable 03/01/2028) | Synopsys, Inc., 4.65%, 04/01/2028 (Callable 03/01/2028) | 34000 |  | 34384 |
|  UKG, Inc., 6.88%, 02/01/2031 (Callable 02/01/2027) <sup>(b)</sup> | UKG, Inc., 6.88%, 02/01/2031 (Callable 02/01/2027) <sup>(b)</sup> | 75000 |  | 77156 |
|  VMware LLC, 3.90%, 08/21/2027 (Callable 05/21/2027) | VMware LLC, 3.90%, 08/21/2027 (Callable 05/21/2027) | 66000 |  | 65641 |
|  |  |  |  | 2639723 |
| **Utilities - 3.0%** | **Utilities - 3.0%** | **Utilities - 3.0%** | **Utilities - 3.0%** | **Utilities - 3.0%** |
|  Adani Electricity Mumbai Ltd., 3.87%, 07/22/2031 (Callable 01/22/2031) | Adani Electricity Mumbai Ltd., 3.87%, 07/22/2031 (Callable 01/22/2031) | 200000 |  | 184042 |
|  Adani Transmission Step-One Ltd., 4.25%, 05/21/2036 | Adani Transmission Step-One Ltd., 4.25%, 05/21/2036 | 139000 |  | 125798 |
|  AEP Texas, Inc., 5.45%, 05/15/2029 (Callable 04/15/2029) | AEP Texas, Inc., 5.45%, 05/15/2029 (Callable 04/15/2029) | 20000 |  | 20701 |
| AES Corp. | AES Corp. | AES Corp. | AES Corp. | AES Corp. |
| &nbsp;&nbsp; 5.45%, 06/01/2028 (Callable 05/01/2028) | &nbsp;&nbsp; 5.45%, 06/01/2028 (Callable 05/01/2028) | 56000 |  | 57339 |
| &nbsp;&nbsp; 7.60% to 01/15/2030 then 5 yr. CMT Rate + 3.20%, 01/15/2055 (Callable 10/15/2029) | &nbsp;&nbsp; 7.60% to 01/15/2030 then 5 yr. CMT Rate + 3.20%, 01/15/2055 (Callable 10/15/2029) | 530000 |  | 549875 |
|  Alabama Power Co., 3.75%, 09/01/2027 (Callable 08/01/2027) | Alabama Power Co., 3.75%, 09/01/2027 (Callable 08/01/2027) | 98000 |  | 97657 |
|  Alliant Energy Corp., 5.75% to 04/01/2031 then 5 yr. CMT Rate + 2.08%, 04/01/2056 (Callable 01/01/2031) | Alliant Energy Corp., 5.75% to 04/01/2031 then 5 yr. CMT Rate + 2.08%, 04/01/2056 (Callable 01/01/2031) | 15000 |  | 15019 |
|  Ameren Illinois Co., 3.80%, 05/15/2028 (Callable 02/15/2028) | Ameren Illinois Co., 3.80%, 05/15/2028 (Callable 02/15/2028) | 120000 |  | 119436 |
|  American Electric Power Co., Inc., 6.95% to 12/15/2034 then 5 yr. CMT Rate + 2.68%, 12/15/2054 (Callable 09/15/2034) | American Electric Power Co., Inc., 6.95% to 12/15/2034 then 5 yr. CMT Rate + 2.68%, 12/15/2054 (Callable 09/15/2034) | 260000 |  | 281450 |
|  Arizona Public Service Co., 5.90%, 08/15/2055 (Callable 02/15/2055) | Arizona Public Service Co., 5.90%, 08/15/2055 (Callable 02/15/2055) | 74000 |  | 75441 |
|  Black Hills Corp., 6.00%, 01/15/2035 (Callable 10/15/2034) | Black Hills Corp., 6.00%, 01/15/2035 (Callable 10/15/2034) | 61000 |  | 64953 |
|  Capital Power US Holdings, Inc., 5.26%, 06/01/2028 (Callable 05/01/2028) <sup>(b)</sup> | Capital Power US Holdings, Inc., 5.26%, 06/01/2028 (Callable 05/01/2028) <sup>(b)</sup> | 61000 |  | 62067 |
|  Chile Electricity Lux MPC Sarl, 6.01%, 01/20/2033 | Chile Electricity Lux MPC Sarl, 6.01%, 01/20/2033 | 179000 |  | 187655 |
|  Chile Electricity PEC SpA, 0.00%, 01/25/2028 <sup>(b)(d)</sup> | Chile Electricity PEC SpA, 0.00%, 01/25/2028 <sup>(b)(d)</sup> | 180833 |  | 162524 |
|  CMS Energy Corp., 6.50% to 06/01/2035 then 5 yr. CMT Rate + 1.96%, 06/01/2055 (Callable 03/01/2035) | CMS Energy Corp., 6.50% to 06/01/2035 then 5 yr. CMT Rate + 1.96%, 06/01/2055 (Callable 03/01/2035) | 82000 |  | 84665 |
|  Comision Federal de Electricidad, 6.45%, 01/24/2035 (Callable 10/24/2034) <sup>(b)</sup> | Comision Federal de Electricidad, 6.45%, 01/24/2035 (Callable 10/24/2034) <sup>(b)</sup> | 200000 |  | 203540 |
|  Commonwealth Edison Co., 5.95%, 06/01/2055 (Callable 12/01/2054) | Commonwealth Edison Co., 5.95%, 06/01/2055 (Callable 12/01/2054) | 69000 |  | 73001 |
|  Consumers Energy Co., 4.50%, 01/15/2031 (Callable 11/15/2030) | Consumers Energy Co., 4.50%, 01/15/2031 (Callable 11/15/2030) | 20000 |  | 20206 |
| Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. | Dominion Energy, Inc. |
| &nbsp;&nbsp; 7.00% to 06/01/2034 then 5 yr. CMT Rate + 2.51%, 06/01/2054 (Callable 03/03/2034) | &nbsp;&nbsp; 7.00% to 06/01/2034 then 5 yr. CMT Rate + 2.51%, 06/01/2054 (Callable 03/03/2034) | 155000 |  | 167981 |
| &nbsp;&nbsp; 6.88% to 02/01/2030 then 5 yr. CMT Rate + 2.39%, 02/01/2055 (Callable 11/03/2029) | &nbsp;&nbsp; 6.88% to 02/01/2030 then 5 yr. CMT Rate + 2.39%, 02/01/2055 (Callable 11/03/2029) | 125000 |  | 130781 |
| &nbsp;&nbsp; 6.63% to 05/15/2035 then 5 yr. CMT Rate + 2.21%, 05/15/2055 (Callable 02/15/2035) | &nbsp;&nbsp; 6.63% to 05/15/2035 then 5 yr. CMT Rate + 2.21%, 05/15/2055 (Callable 02/15/2035) | 140000 |  | 144900 |
|  DTE Energy Co., 5.85%, 06/01/2034 (Callable 03/01/2034) | DTE Energy Co., 5.85%, 06/01/2034 (Callable 03/01/2034) | 50000 |  | 52980 |
| Duke Energy Corp. | Duke Energy Corp. | Duke Energy Corp. | Duke Energy Corp. | Duke Energy Corp. |
| &nbsp;&nbsp; 5.00%, 08/15/2052 (Callable 02/15/2052) | &nbsp;&nbsp; 5.00%, 08/15/2052 (Callable 02/15/2052) | 25000 |  | 22439 |
| &nbsp;&nbsp; 5.80%, 06/15/2054 (Callable 12/15/2053) | &nbsp;&nbsp; 5.80%, 06/15/2054 (Callable 12/15/2053) | 51000 |  | 51373 |
| &nbsp;&nbsp; 6.45% to 09/01/2034 then 5 yr. CMT Rate + 2.59%, 09/01/2054 (Callable 06/01/2034) | &nbsp;&nbsp; 6.45% to 09/01/2034 then 5 yr. CMT Rate + 2.59%, 09/01/2054 (Callable 06/01/2034) | 45000 |  | 47419 |
|  E.ON SE, 0.63%, 11/07/2031 (Callable 08/07/2031) | E.ON SE, 0.63%, 11/07/2031 (Callable 08/07/2031) | 45000 |  | 45874 |
|  Emera, Inc., 6.75% to 06/15/2026 then 3 mo. LIBOR US + 5.44%, 06/15/2076 (Callable 06/15/2026) <sup>(e)</sup> | Emera, Inc., 6.75% to 06/15/2026 then 3 mo. LIBOR US + 5.44%, 06/15/2076 (Callable 06/15/2026) <sup>(e)</sup> | 230000 |  | 230863 |
|  Empresa Electrica Cochrane SpA, 5.50%, 05/14/2027 | Empresa Electrica Cochrane SpA, 5.50%, 05/14/2027 | 62060 |  | 61517 |
|  Entergy Louisiana LLC, 5.80%, 03/15/2055 (Callable 09/15/2054) | Entergy Louisiana LLC, 5.80%, 03/15/2055 (Callable 09/15/2054) | 71000 |  | 72436 |
| EUSHI Finance, Inc. | EUSHI Finance, Inc. | EUSHI Finance, Inc. | EUSHI Finance, Inc. | EUSHI Finance, Inc. |
| &nbsp;&nbsp; 7.63% to 12/15/2029 then 5 yr. CMT Rate + 3.14%, 12/15/2054 (Callable 09/15/2029) | &nbsp;&nbsp; 7.63% to 12/15/2029 then 5 yr. CMT Rate + 3.14%, 12/15/2054 (Callable 09/15/2029) | 80000 |  | 84239 |
| &nbsp;&nbsp; 6.25% to 04/01/2031 then 5 yr. CMT Rate + 2.51%, 04/01/2056 (Callable 01/01/2031) | &nbsp;&nbsp; 6.25% to 04/01/2031 then 5 yr. CMT Rate + 2.51%, 04/01/2056 (Callable 01/01/2031) | 150000 |  | 149335 |
|  Eversource Energy, 2.90%, 03/01/2027 (Callable 02/01/2027) | Eversource Energy, 2.90%, 03/01/2027 (Callable 02/01/2027) | 61000 |  | 59871 |
|  Exelon Corp., 6.50% to 03/15/2035 then 5 yr. CMT Rate + 1.98%, 03/15/2055 (Callable 12/15/2034) | Exelon Corp., 6.50% to 03/15/2035 then 5 yr. CMT Rate + 1.98%, 03/15/2055 (Callable 12/15/2034) | 210000 |  | 215513 |
|  Georgia Power Co., 5.00%, 02/23/2027 (Callable 01/23/2027) | Georgia Power Co., 5.00%, 02/23/2027 (Callable 01/23/2027) | 48000 |  | 48652 |
|  Interstate Power and Light Co., 5.60%, 10/01/2055 (Callable 04/01/2055) | Interstate Power and Light Co., 5.60%, 10/01/2055 (Callable 04/01/2055) | 18000 |  | 17609 |
|  JSW Hydro Energy Ltd., 4.13%, 05/18/2031 (Callable 05/18/2026) | JSW Hydro Energy Ltd., 4.13%, 05/18/2031 (Callable 05/18/2026) | 284000 |  | 268380 |
|  Kentucky Utilities Co., 5.85%, 08/15/2055 (Callable 02/15/2055) | Kentucky Utilities Co., 5.85%, 08/15/2055 (Callable 02/15/2055) | 15000 |  | 15392 |
|  Mong Duong Finance Holdings BV, 5.13%, 05/07/2029 (Callable 10/31/2025) | Mong Duong Finance Holdings BV, 5.13%, 05/07/2029 (Callable 10/31/2025) | 169400 |  | 167283 |
|  National Fuel Gas Co., 5.95%, 03/15/2035 (Callable 12/15/2034) | National Fuel Gas Co., 5.95%, 03/15/2035 (Callable 12/15/2034) | 15000 |  | 15597 |
|  National Rural Utilities Cooperative Finance Corp., 4.12%, 09/16/2027 (Callable 08/16/2027) | National Rural Utilities Cooperative Finance Corp., 4.12%, 09/16/2027 (Callable 08/16/2027) | 88000 |  | 88231 |
| NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. | NextEra Energy Capital Holdings, Inc. |
| &nbsp;&nbsp; 4.63%, 07/15/2027 (Callable 06/15/2027) | &nbsp;&nbsp; 4.63%, 07/15/2027 (Callable 06/15/2027) | 74000 |  | 74733 |
| &nbsp;&nbsp; 6.50% to 08/15/2035 then 5 yr. CMT Rate + 1.98%, 08/15/2055 (Callable 05/15/2035) | &nbsp;&nbsp; 6.50% to 08/15/2035 then 5 yr. CMT Rate + 1.98%, 08/15/2055 (Callable 05/15/2035) | 90000 |  | 95400 |
| NiSource, Inc. | NiSource, Inc. | NiSource, Inc. | NiSource, Inc. | NiSource, Inc. |
| &nbsp;&nbsp; 5.35%, 04/01/2034 (Callable 01/01/2034) | &nbsp;&nbsp; 5.35%, 04/01/2034 (Callable 01/01/2034) | 63000 |  | 64891 |
| &nbsp;&nbsp; 6.95% to 11/30/2029 then 5 yr. CMT Rate + 2.45%, 11/30/2054 (Callable 08/30/2029) | &nbsp;&nbsp; 6.95% to 11/30/2029 then 5 yr. CMT Rate + 2.45%, 11/30/2054 (Callable 08/30/2029) | 18000 |  | 18720 |
| &nbsp;&nbsp; 5.85%, 04/01/2055 (Callable 10/01/2054) | &nbsp;&nbsp; 5.85%, 04/01/2055 (Callable 10/01/2054) | 30000 |  | 30411 |
| NRG Energy, Inc. | NRG Energy, Inc. | NRG Energy, Inc. | NRG Energy, Inc. | NRG Energy, Inc. |
| &nbsp;&nbsp; 6.00%, 02/01/2033 (Callable 11/01/2027) <sup>(b)</sup> | &nbsp;&nbsp; 6.00%, 02/01/2033 (Callable 11/01/2027) <sup>(b)</sup> | 15000 |  | 15206 |
| &nbsp;&nbsp; 6.00%, 01/15/2036 (Callable 10/15/2030) <sup>(b)</sup> | &nbsp;&nbsp; 6.00%, 01/15/2036 (Callable 10/15/2030) <sup>(b)</sup> | 125000 |  | 125038 |
|  PSEG Power LLC, 5.20%, 05/15/2030 (Callable 04/15/2030) <sup>(b)</sup> | PSEG Power LLC, 5.20%, 05/15/2030 (Callable 04/15/2030) <sup>(b)</sup> | 24000 |  | 24605 |
|  Public Service Enterprise Group, Inc., 5.85%, 11/15/2027 (Callable 10/15/2027) | Public Service Enterprise Group, Inc., 5.85%, 11/15/2027 (Callable 10/15/2027) | 143000 |  | 148030 |
|  Sempra, 6.55% to 04/01/2035 then 5 yr. CMT Rate + 2.14%, 04/01/2055 (Callable 01/01/2035) | Sempra, 6.55% to 04/01/2035 then 5 yr. CMT Rate + 2.14%, 04/01/2055 (Callable 01/01/2035) | 110000 |  | 112475 |
|  Southern Co., 6.38% to 03/15/2035 then 5 yr. CMT Rate + 2.07%, 03/15/2055 (Callable 12/15/2034) <sup>(a)</sup> | Southern Co., 6.38% to 03/15/2035 then 5 yr. CMT Rate + 2.07%, 03/15/2055 (Callable 12/15/2034) <sup>(a)</sup> | 167000 |  | 177646 |
|  Southern Co. Gas Capital Corp., 4.05%, 09/15/2028 (Callable 08/15/2028) | Southern Co. Gas Capital Corp., 4.05%, 09/15/2028 (Callable 08/15/2028) | 12000 |  | 11988 |
|  Southern Power Co., 4.90%, 10/01/2035 (Callable 04/01/2035) | Southern Power Co., 4.90%, 10/01/2035 (Callable 04/01/2035) | 20000 |  | 19640 |
|  Trans-Allegheny Interstate Line Co., 5.00%, 01/15/2031 (Callable 12/15/2030) <sup>(b)</sup> | Trans-Allegheny Interstate Line Co., 5.00%, 01/15/2031 (Callable 12/15/2030) <sup>(b)</sup> | 68000 |  | 69771 |
|  Virginia Electric and Power Co., 5.55%, 08/15/2054 (Callable 02/15/2054) | Virginia Electric and Power Co., 5.55%, 08/15/2054 (Callable 02/15/2054) | 25000 |  | 24840 |
|  WEC Energy Group, Inc., 2.20%, 12/15/2028 (Callable 10/15/2028) | WEC Energy Group, Inc., 2.20%, 12/15/2028 (Callable 10/15/2028) | 54000 |  | 50893 |
|  |  |  |  | 5608321 |
| **TOTAL CORPORATE BONDS** (Cost $54,462,467) | **TOTAL CORPORATE BONDS** (Cost $54,462,467) | **TOTAL CORPORATE BONDS** (Cost $54,462,467) |  | 54532442 |
| **COLLATERALIZED MORTGAGE OBLIGATIONS - 19.1%** | **COLLATERALIZED MORTGAGE OBLIGATIONS - 19.1%** | **Par** |  | **Value**  |
|  American Tower Depositor Sub LLC, 5.49%, 03/15/2028 (Callable 03/15/2027) <sup>(b)</sup> | American Tower Depositor Sub LLC, 5.49%, 03/15/2028 (Callable 03/15/2027) <sup>(b)</sup> | 155000 |  | 157558 |
|  Angel Oak Mortgage Trust LLC, Series 2025-6, Class M1A, 6.33%, 04/25/2070 (Callable 05/25/2028) <sup>(b)(g)</sup> | Angel Oak Mortgage Trust LLC, Series 2025-6, Class M1A, 6.33%, 04/25/2070 (Callable 05/25/2028) <sup>(b)(g)</sup> | 800000 |  | 807103 |
|  Arbor Realty Trust, Inc., Series 2021-FL4, Class D, 7.16% (1 mo. Term SOFR + 3.01%), 11/15/2036, (3.01% Floor) (Callable 10/15/2025) <sup>(b)</sup> | Arbor Realty Trust, Inc., Series 2021-FL4, Class D, 7.16% (1 mo. Term SOFR + 3.01%), 11/15/2036, (3.01% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 275000 |  | 275079 |
|  AREIT Trust, Series 2025-CRE10, Class D, 6.93% (1 mo. Term SOFR + 2.79%), 01/17/2030, (2.79% Floor) (Callable 07/17/2027) <sup>(b)</sup> | AREIT Trust, Series 2025-CRE10, Class D, 6.93% (1 mo. Term SOFR + 2.79%), 01/17/2030, (2.79% Floor) (Callable 07/17/2027) <sup>(b)</sup> | 100000 |  | 99000 |
| Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust | Arroyo Mortgage Trust |
| &nbsp;&nbsp; Series 2019-1, Class A1, 3.81%, 01/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-1, Class A1, 3.81%, 01/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | 26709 |  | 26080 |
| &nbsp;&nbsp; Series 2019-2, Class A3, 3.80%, 04/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-2, Class A3, 3.80%, 04/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | 55142 |  | 54089 |
|  ARZ Trust, Series 2024-BILT, Class C, 6.36%, 06/11/2039 <sup>(b)</sup> | ARZ Trust, Series 2024-BILT, Class C, 6.36%, 06/11/2039 <sup>(b)</sup> | 250000 |  | 255684 |
|  Banc of America Merrill Lynch Commercial Mortgage, Inc., Series 2017-BNK3, Class B, 3.88%, 02/15/2050 (Callable 02/15/2027) <sup>(g)</sup> | Banc of America Merrill Lynch Commercial Mortgage, Inc., Series 2017-BNK3, Class B, 3.88%, 02/15/2050 (Callable 02/15/2027) <sup>(g)</sup> | 350000 |  | 340994 |
|  BANK-2017, Series 2017-BNK8, Class XE, 1.43%, 11/15/2050 (Callable 08/15/2027) <sup>(b)(g)(h)</sup> | BANK-2017, Series 2017-BNK8, Class XE, 1.43%, 11/15/2050 (Callable 08/15/2027) <sup>(b)(g)(h)</sup> | 7050000 |  | 174067 |
|  BANK-2018, Series 2018-BN11, Class XA, 0.59%, 03/15/2061 (Callable 01/15/2028) <sup>(g)(h)</sup> | BANK-2018, Series 2018-BN11, Class XA, 0.59%, 03/15/2061 (Callable 01/15/2028) <sup>(g)(h)</sup> | 10850846 |  | 110928 |
| BANK-2019 | BANK-2019 | BANK-2019 | BANK-2019 | BANK-2019 |
| &nbsp;&nbsp; Series 2019-BN18, Class B, 3.98%, 05/15/2062 (Callable 05/15/2029) | &nbsp;&nbsp; Series 2019-BN18, Class B, 3.98%, 05/15/2062 (Callable 05/15/2029) | 125000 |  | 112523 |
| &nbsp;&nbsp; Series 2019-BN21, Class XA, 0.95%, 10/17/2052 (Callable 07/15/2029) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2019-BN21, Class XA, 0.95%, 10/17/2052 (Callable 07/15/2029) <sup>(g)(h)</sup> | 3911776 |  | 102069 |
|  Bayview Asset Management LLC/Private Equity, Series 2022-2, Class AF, 5.00% (30 day avg SOFR US + 0.85%), 12/25/2051, (0.00% Floor), (5.00% Cap) (Callable 07/25/2043) <sup>(b)</sup> | Bayview Asset Management LLC/Private Equity, Series 2022-2, Class AF, 5.00% (30 day avg SOFR US + 0.85%), 12/25/2051, (0.00% Floor), (5.00% Cap) (Callable 07/25/2043) <sup>(b)</sup> | 386351 |  | 359140 |
| BBCMS Trust | BBCMS Trust | BBCMS Trust | BBCMS Trust | BBCMS Trust |
| &nbsp;&nbsp; Series 2019-BWAY, Class E, 7.11% (1 mo. Term SOFR + 2.96%), 11/15/2034, (2.85% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-BWAY, Class E, 7.11% (1 mo. Term SOFR + 2.96%), 11/15/2034, (2.85% Floor) <sup>(b)</sup> | 100000 |  | 1000 |
| &nbsp;&nbsp; Series 2021-C11, Class XD, 1.63%, 09/15/2054 <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2021-C11, Class XD, 1.63%, 09/15/2054 <sup>(b)(g)(h)</sup> | 1255000 |  | 92020 |
| &nbsp;&nbsp; Series 2023-C19, Class B, 6.54%, 04/15/2056 (Callable 04/15/2033) <sup>(g)</sup> | &nbsp;&nbsp; Series 2023-C19, Class B, 6.54%, 04/15/2056 (Callable 04/15/2033) <sup>(g)</sup> | 100000 |  | 103118 |
| &nbsp;&nbsp; Series 2024-5C29, Class C, 5.51%, 09/15/2057 (Callable 09/15/2029) | &nbsp;&nbsp; Series 2024-5C29, Class C, 5.51%, 09/15/2057 (Callable 09/15/2029) | 100000 |  | 99071 |
|  BCRR Trust, Series 2016-FRR3, Class E, 6.24% (30 day avg SOFR US + 18.46%), 05/26/2026, (18.35% Floor) <sup>(b)</sup> | BCRR Trust, Series 2016-FRR3, Class E, 6.24% (30 day avg SOFR US + 18.46%), 05/26/2026, (18.35% Floor) <sup>(b)</sup> | 797720 |  | 792444 |
| Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust |
| &nbsp;&nbsp; Series 2018-B4, Class XD, 1.75%, 07/15/2051 (Callable 04/15/2028) <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2018-B4, Class XD, 1.75%, 07/15/2051 (Callable 04/15/2028) <sup>(b)(g)(h)</sup> | 7000000 |  | 278039 |
| &nbsp;&nbsp; Series 2019-B10, Class XB, 1.07%, 03/15/2062 (Callable 01/15/2029) <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2019-B10, Class XB, 1.07%, 03/15/2062 (Callable 01/15/2029) <sup>(b)(g)(h)</sup> | 2820000 |  | 79618 |
| &nbsp;&nbsp; Series 2020-B18, Class XA, 1.85%, 07/15/2053 (Callable 05/15/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2020-B18, Class XA, 1.85%, 07/15/2053 (Callable 05/15/2030) <sup>(g)(h)</sup> | 1263537 |  | 65405 |
| &nbsp;&nbsp; Series 2025-V16, Class AS, 5.86%, 08/15/2058 (Callable 08/15/2030) <sup>(g)</sup> | &nbsp;&nbsp; Series 2025-V16, Class AS, 5.86%, 08/15/2058 (Callable 08/15/2030) <sup>(g)</sup> | 100000 |  | 103857 |
| &nbsp;&nbsp; Series 2025-V17, Class A3, 5.07%, 09/15/2058 (Callable 09/15/2030) | &nbsp;&nbsp; Series 2025-V17, Class A3, 5.07%, 09/15/2058 (Callable 09/15/2030) | 250000 |  | 255485 |
|  Blackstone Mortgage Trust, Inc., Series 2021-FL4, Class A, 5.31% (1 mo. Term SOFR + 1.16%), 05/15/2038, (1.05% Floor) (Callable 08/15/2026) <sup>(b)</sup> | Blackstone Mortgage Trust, Inc., Series 2021-FL4, Class A, 5.31% (1 mo. Term SOFR + 1.16%), 05/15/2038, (1.05% Floor) (Callable 08/15/2026) <sup>(b)</sup> | 60607 |  | 60228 |
|  BLP Commercial Mortgage Trust, Series 2024-IND2, Class B, 5.84% (1 mo. Term SOFR + 1.69%), 03/15/2041, (1.69% Floor) <sup>(b)</sup> | BLP Commercial Mortgage Trust, Series 2024-IND2, Class B, 5.84% (1 mo. Term SOFR + 1.69%), 03/15/2041, (1.69% Floor) <sup>(b)</sup> | 332090 |  | 332297 |
|  BMO Mortgage Trust, Series 2024-5C6, Class C, 5.88%, 09/15/2057 (Callable 09/15/2029) <sup>(g)</sup> | BMO Mortgage Trust, Series 2024-5C6, Class C, 5.88%, 09/15/2057 (Callable 09/15/2029) <sup>(g)</sup> | 60000 |  | 60080 |
|  BPR Trust, Series 2021-TY, Class D, 6.62% (1 mo. Term SOFR + 2.46%), 09/15/2038, (2.35% Floor) <sup>(b)</sup> | BPR Trust, Series 2021-TY, Class D, 6.62% (1 mo. Term SOFR + 2.46%), 09/15/2038, (2.35% Floor) <sup>(b)</sup> | 100000 |  | 98911 |
| BSPRT 2017-FL1 Co.-Issuer LLC | BSPRT 2017-FL1 Co.-Issuer LLC | BSPRT 2017-FL1 Co.-Issuer LLC | BSPRT 2017-FL1 Co.-Issuer LLC | BSPRT 2017-FL1 Co.-Issuer LLC |
| &nbsp;&nbsp; Series 2023-FL10, Class A, 6.41% (1 mo. Term SOFR + 2.26%), 09/15/2035, (2.26% Floor) (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-FL10, Class A, 6.41% (1 mo. Term SOFR + 2.26%), 09/15/2035, (2.26% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 73169 |  | 73169 |
| &nbsp;&nbsp; Series 2023-FL10, Class B, 7.42% (1 mo. Term SOFR + 3.27%), 09/15/2035, (3.27% Floor) (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-FL10, Class B, 7.42% (1 mo. Term SOFR + 3.27%), 09/15/2035, (3.27% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 100000 |
| &nbsp;&nbsp; Series 2024-FL11, Class B, 6.44% (1 mo. Term SOFR + 2.29%), 07/15/2039, (2.29% Floor) (Callable 09/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-FL11, Class B, 6.44% (1 mo. Term SOFR + 2.29%), 07/15/2039, (2.29% Floor) (Callable 09/15/2027) <sup>(b)</sup> | 100000 |  | 99500 |
| BX Trust | BX Trust | BX Trust | BX Trust | BX Trust |
| &nbsp;&nbsp; Series 2021-21M, Class A, 4.99% (1 mo. Term SOFR + 0.84%), 10/15/2036, (0.73% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-21M, Class A, 4.99% (1 mo. Term SOFR + 0.84%), 10/15/2036, (0.73% Floor) <sup>(b)</sup> | 29752 |  | 29724 |
| &nbsp;&nbsp; Series 2021-21M, Class E, 6.44% (1 mo. Term SOFR + 2.29%), 10/15/2036, (2.17% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-21M, Class E, 6.44% (1 mo. Term SOFR + 2.29%), 10/15/2036, (2.17% Floor) <sup>(b)</sup> | 175000 |  | 174781 |
| &nbsp;&nbsp; Series 2021-ARIA, Class C, 5.91% (1 mo. Term SOFR + 1.76%), 10/15/2036, (1.65% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-ARIA, Class C, 5.91% (1 mo. Term SOFR + 1.76%), 10/15/2036, (1.65% Floor) <sup>(b)</sup> | 450000 |  | 449859 |
| &nbsp;&nbsp; Series 2021-CIP, Class A, 5.19% (1 mo. Term SOFR + 1.04%), 12/15/2038, (0.92% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-CIP, Class A, 5.19% (1 mo. Term SOFR + 1.04%), 12/15/2038, (0.92% Floor) <sup>(b)</sup> | 96761 |  | 96753 |
| &nbsp;&nbsp; Series 2021-LBA, Class EV, 6.27% (1 mo. Term SOFR + 2.11%), 02/15/2036, (2.00% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-LBA, Class EV, 6.27% (1 mo. Term SOFR + 2.11%), 02/15/2036, (2.00% Floor) <sup>(b)</sup> | 197702 |  | 197208 |
| &nbsp;&nbsp; Series 2021-RISE, Class A, 5.01% (1 mo. Term SOFR + 0.86%), 11/15/2036, (0.75% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-RISE, Class A, 5.01% (1 mo. Term SOFR + 0.86%), 11/15/2036, (0.75% Floor) <sup>(b)</sup> | 380398 |  | 380046 |
| &nbsp;&nbsp; Series 2021-RISE, Class B, 5.51% (1 mo. Term SOFR + 1.36%), 11/15/2036, (1.25% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-RISE, Class B, 5.51% (1 mo. Term SOFR + 1.36%), 11/15/2036, (1.25% Floor) <sup>(b)</sup> | 84533 |  | 84427 |
| &nbsp;&nbsp; Series 2021-SDMF, Class D, 5.65% (1 mo. Term SOFR + 1.50%), 09/15/2034, (1.39% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-SDMF, Class D, 5.65% (1 mo. Term SOFR + 1.50%), 09/15/2034, (1.39% Floor) <sup>(b)</sup> | 324792 |  | 323371 |
| &nbsp;&nbsp; Series 2021-VOLT, Class A, 4.96% (1 mo. Term SOFR + 0.81%), 09/15/2036, (0.70% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-VOLT, Class A, 4.96% (1 mo. Term SOFR + 0.81%), 09/15/2036, (0.70% Floor) <sup>(b)</sup> | 111415 |  | 111251 |
| &nbsp;&nbsp; Series 2021-XL2, Class A, 4.95% (1 mo. Term SOFR + 0.80%), 10/15/2038, (0.69% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-XL2, Class A, 4.95% (1 mo. Term SOFR + 0.80%), 10/15/2038, (0.69% Floor) <sup>(b)</sup> | 37321 |  | 37298 |
| &nbsp;&nbsp; Series 2022-CLS, Class A, 5.76%, 10/13/2027 <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-CLS, Class A, 5.76%, 10/13/2027 <sup>(b)</sup> | 65000 |  | 65490 |
| &nbsp;&nbsp; Series 2022-LBA6, Class C, 5.75% (1 mo. Term SOFR + 1.60%), 01/15/2039, (1.60% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-LBA6, Class C, 5.75% (1 mo. Term SOFR + 1.60%), 01/15/2039, (1.60% Floor) <sup>(b)</sup> | 350000 |  | 349781 |
| &nbsp;&nbsp; Series 2023-XL3, Class A, 5.91% (1 mo. Term SOFR + 1.76%), 12/09/2040, (1.76% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-XL3, Class A, 5.91% (1 mo. Term SOFR + 1.76%), 12/09/2040, (1.76% Floor) <sup>(b)</sup> | 322204 |  | 322607 |
| &nbsp;&nbsp; Series 2024-BIO, Class D, 7.79% (1 mo. Term SOFR + 3.64%), 02/15/2041 <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-BIO, Class D, 7.79% (1 mo. Term SOFR + 3.64%), 02/15/2041 <sup>(b)</sup> | 100000 |  | 98687 |
| &nbsp;&nbsp; Series 2024-XL5, Class A, 5.54% (1 mo. Term SOFR + 1.39%), 03/15/2041, (1.39% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-XL5, Class A, 5.54% (1 mo. Term SOFR + 1.39%), 03/15/2041, (1.39% Floor) <sup>(b)</sup> | 109199 |  | 109267 |
|  Century Plaza Towers, Series 2019-CPT, Class E, 3.10%, 11/13/2039 (Callable 11/13/2029) <sup>(b)(g)</sup> | Century Plaza Towers, Series 2019-CPT, Class E, 3.10%, 11/13/2039 (Callable 11/13/2029) <sup>(b)(g)</sup> | 130000 |  | 106980 |
|  CFCRE Commercial Mortgage Trust, Series 2016-C4, Class XA, 1.69%, 05/10/2058 (Callable 11/10/2026) <sup>(g)(h)</sup> | CFCRE Commercial Mortgage Trust, Series 2016-C4, Class XA, 1.69%, 05/10/2058 (Callable 11/10/2026) <sup>(g)(h)</sup> | 414170 |  | 1469 |
|  Chase Mortgage Finance Corp., Series 2024-6, Class A9A, 6.00%, 05/25/2055 (Callable 05/25/2031) <sup>(b)(g)</sup> | Chase Mortgage Finance Corp., Series 2024-6, Class A9A, 6.00%, 05/25/2055 (Callable 05/25/2031) <sup>(b)(g)</sup> | 313787 |  | 316459 |
| CIM Trust | CIM Trust | CIM Trust | CIM Trust | CIM Trust |
| &nbsp;&nbsp; Series 2018-INV1, Class A10, 4.00%, 08/25/2048 (Callable 01/25/2030) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2018-INV1, Class A10, 4.00%, 08/25/2048 (Callable 01/25/2030) <sup>(b)(g)</sup> | 158967 |  | 150148 |
| &nbsp;&nbsp; Series 2019-INV2, Class A3, 4.00%, 05/25/2049 (Callable 12/25/2026) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-INV2, Class A3, 4.00%, 05/25/2049 (Callable 12/25/2026) <sup>(b)(g)</sup> | 11285 |  | 10582 |
| &nbsp;&nbsp; Series 2019-J1, Class B2, 3.92%, 08/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-J1, Class B2, 3.92%, 08/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | 149774 |  | 139637 |
| Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust | Citigroup Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2016-C1, Class XA, 1.98%, 05/10/2049 (Callable 06/10/2026) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2016-C1, Class XA, 1.98%, 05/10/2049 (Callable 06/10/2026) <sup>(g)(h)</sup> | 661611 |  | 2498 |
| &nbsp;&nbsp; Series 2017-P8, Class XA, 1.00%, 09/15/2050 (Callable 07/15/2027) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2017-P8, Class XA, 1.00%, 09/15/2050 (Callable 07/15/2027) <sup>(g)(h)</sup> | 934440 |  | 10923 |
| &nbsp;&nbsp; Series 2019-C7, Class XA, 0.94%, 12/15/2072 (Callable 10/15/2029) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2019-C7, Class XA, 0.94%, 12/15/2072 (Callable 10/15/2029) <sup>(g)(h)</sup> | 3585618 |  | 107058 |
| &nbsp;&nbsp; Series 2023-SMRT, Class A, 6.01%, 10/12/2040 <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2023-SMRT, Class A, 6.01%, 10/12/2040 <sup>(b)(g)</sup> | 100000 |  | 103147 |
|  Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2017-CD4, Class XA, 1.37%, 05/10/2050 (Callable 05/10/2027) <sup>(g)(h)</sup> | Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2017-CD4, Class XA, 1.37%, 05/10/2050 (Callable 05/10/2027) <sup>(g)(h)</sup> | 1300865 |  | 14825 |
|  COLT Funding LLC, Series 2022-5, Class A1, 4.55%, 04/25/2067 (Callable 10/25/2025) <sup>(b)(g)</sup> | COLT Funding LLC, Series 2022-5, Class A1, 4.55%, 04/25/2067 (Callable 10/25/2025) <sup>(b)(g)</sup> | 69138 |  | 70216 |
|  Commercial Mortgage Pass Through Certificates, Series 2013-CR12, Class XA, 0.66%, 10/10/2046 (Callable 10/10/2025) <sup>(g)(h)</sup> | Commercial Mortgage Pass Through Certificates, Series 2013-CR12, Class XA, 0.66%, 10/10/2046 (Callable 10/10/2025) <sup>(g)(h)</sup> | 224258 |  | 3 |
| Computershare Corporate Trust | Computershare Corporate Trust | Computershare Corporate Trust | Computershare Corporate Trust | Computershare Corporate Trust |
| &nbsp;&nbsp; Series 2018-C45, Class XA, 0.92%, 06/15/2051 (Callable 04/15/2028) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2018-C45, Class XA, 0.92%, 06/15/2051 (Callable 04/15/2028) <sup>(g)(h)</sup> | 4594931 |  | 79281 |
| &nbsp;&nbsp; Series 2021-C59, Class E, 2.50%, 04/15/2054 (Callable 04/15/2031) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-C59, Class E, 2.50%, 04/15/2054 (Callable 04/15/2031) <sup>(b)</sup> | 400000 |  | 249228 |
| Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust | Countrywide Alternative Loan Trust |
| &nbsp;&nbsp; Series 2007-16CB, Class 5A4, 6.25%, 08/25/2037 (Callable 10/25/2025) | &nbsp;&nbsp; Series 2007-16CB, Class 5A4, 6.25%, 08/25/2037 (Callable 10/25/2025) | 449525 |  | 206114 |
| &nbsp;&nbsp; Series 2007-OA4, Class A1, 4.61% (1 mo. Term SOFR + 0.45%), 05/25/2047, (0.34% Floor) (Callable 10/25/2025) | &nbsp;&nbsp; Series 2007-OA4, Class A1, 4.61% (1 mo. Term SOFR + 0.45%), 05/25/2047, (0.34% Floor) (Callable 10/25/2025) | 201542 |  | 185848 |
|  Credit Suisse Mortgage Capital Certificates, Series 2019-NQM1, Class A1, 3.66%, 10/25/2059 (Callable 10/25/2025) <sup>(b)(f)</sup> | Credit Suisse Mortgage Capital Certificates, Series 2019-NQM1, Class A1, 3.66%, 10/25/2059 (Callable 10/25/2025) <sup>(b)(f)</sup> | 4906 |  | 4867 |
| CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust | CSAIL Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2016-C6, Class XA, 2.01%, 01/15/2049 (Callable 02/15/2026) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2016-C6, Class XA, 2.01%, 01/15/2049 (Callable 02/15/2026) <sup>(g)(h)</sup> | 509608 |  | 645 |
| &nbsp;&nbsp; Series 2017-CX10, Class XA, 0.98%, 11/15/2050 (Callable 09/15/2027) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2017-CX10, Class XA, 0.98%, 11/15/2050 (Callable 09/15/2027) <sup>(g)(h)</sup> | 4001685 |  | 44774 |
| &nbsp;&nbsp; Series 2018-CX12, Class XA, 0.70%, 08/15/2051 (Callable 06/15/2028) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2018-CX12, Class XA, 0.70%, 08/15/2051 (Callable 06/15/2028) <sup>(g)(h)</sup> | 3968771 |  | 51583 |
|  ELM Trust, Series 2024-ELM, Class C15, 6.40%, 06/10/2039 <sup>(b)(g)</sup> | ELM Trust, Series 2024-ELM, Class C15, 6.40%, 06/10/2039 <sup>(b)(g)</sup> | 300000 |  | 302615 |
| Fannie Mae Connecticut Avenue Securities | Fannie Mae Connecticut Avenue Securities | Fannie Mae Connecticut Avenue Securities | Fannie Mae Connecticut Avenue Securities | Fannie Mae Connecticut Avenue Securities |
| &nbsp;&nbsp; Series 2021-R02, Class 2B2, 10.56% (30 day avg SOFR US + 6.20%), 11/25/2041, (0.00% Floor) (Callable 11/25/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-R02, Class 2B2, 10.56% (30 day avg SOFR US + 6.20%), 11/25/2041, (0.00% Floor) (Callable 11/25/2026) <sup>(b)</sup> | 55000 |  | 57221 |
| &nbsp;&nbsp; Series 2022-R01, Class 1M1, 5.36% (30 day avg SOFR US + 1.00%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R01, Class 1M1, 5.36% (30 day avg SOFR US + 1.00%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | 14193 |  | 14200 |
| &nbsp;&nbsp; Series 2022-R03, Class 1M1, 6.46% (30 day avg SOFR US + 2.10%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R03, Class 1M1, 6.46% (30 day avg SOFR US + 2.10%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | 11429 |  | 11599 |
| &nbsp;&nbsp; Series 2022-R04, Class 1M1, 6.36% (30 day avg SOFR US + 2.00%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R04, Class 1M1, 6.36% (30 day avg SOFR US + 2.00%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | 23687 |  | 24039 |
| &nbsp;&nbsp; Series 2022-R05, Class 2M2, 7.36% (30 day avg SOFR US + 3.00%), 04/25/2042, (0.00% Floor) (Callable 04/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R05, Class 2M2, 7.36% (30 day avg SOFR US + 3.00%), 04/25/2042, (0.00% Floor) (Callable 04/25/2027) <sup>(b)</sup> | 210000 |  | 215537 |
| &nbsp;&nbsp; Series 2022-R06, Class 1M1, 7.11% (30 day avg SOFR US + 2.75%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R06, Class 1M1, 7.11% (30 day avg SOFR US + 2.75%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | 47487 |  | 48596 |
| &nbsp;&nbsp; Series 2022-R08, Class 1M2, 7.96% (30 day avg SOFR US + 3.60%), 07/25/2042, (0.00% Floor) (Callable 07/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R08, Class 1M2, 7.96% (30 day avg SOFR US + 3.60%), 07/25/2042, (0.00% Floor) (Callable 07/25/2027) <sup>(b)</sup> | 300000 |  | 312168 |
| &nbsp;&nbsp; Series 2022-R09, Class 2M1, 6.86% (30 day avg SOFR US + 2.50%), 09/25/2042, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-R09, Class 2M1, 6.86% (30 day avg SOFR US + 2.50%), 09/25/2042, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | 47632 |  | 48332 |
| &nbsp;&nbsp; Series 2023-R01, Class 1M1, 6.76% (30 day avg SOFR US + 2.40%), 12/25/2042, (0.00% Floor) (Callable 12/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-R01, Class 1M1, 6.76% (30 day avg SOFR US + 2.40%), 12/25/2042, (0.00% Floor) (Callable 12/25/2027) <sup>(b)</sup> | 36953 |  | 37771 |
| &nbsp;&nbsp; Series 2023-R03, Class 2M2, 8.26% (30 day avg SOFR US + 3.90%), 04/25/2043, (0.00% Floor) (Callable 04/25/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-R03, Class 2M2, 8.26% (30 day avg SOFR US + 3.90%), 04/25/2043, (0.00% Floor) (Callable 04/25/2028) <sup>(b)</sup> | 65000 |  | 68579 |
| &nbsp;&nbsp; Series 2023-R06, Class 1M2, 7.06% (30 day avg SOFR US + 2.70%), 07/25/2043, (0.00% Floor) (Callable 07/25/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2023-R06, Class 1M2, 7.06% (30 day avg SOFR US + 2.70%), 07/25/2043, (0.00% Floor) (Callable 07/25/2028) <sup>(b)</sup> | 85000 |  | 87814 |
| &nbsp;&nbsp; Series 2024-R02, Class 1M1, 5.46% (30 day avg SOFR US + 1.10%), 02/25/2044, (0.00% Floor) (Callable 02/25/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-R02, Class 1M1, 5.46% (30 day avg SOFR US + 1.10%), 02/25/2044, (0.00% Floor) (Callable 02/25/2029) <sup>(b)</sup> | 98094 |  | 98127 |
| &nbsp;&nbsp; Series 2024-R03, Class 2M2, 6.31% (30 day avg SOFR US + 1.95%), 03/25/2044, (0.00% Floor) (Callable 03/25/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-R03, Class 2M2, 6.31% (30 day avg SOFR US + 1.95%), 03/25/2044, (0.00% Floor) (Callable 03/25/2029) <sup>(b)</sup> | 300000 |  | 302423 |
| &nbsp;&nbsp; Series 2025-R02, Class 1M2, 5.96% (30 day avg SOFR US + 1.60%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-R02, Class 1M2, 5.96% (30 day avg SOFR US + 1.60%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | 140000 |  | 140302 |
| &nbsp;&nbsp; Series 2025-R04, Class 1M1, 5.56% (30 day avg SOFR US + 1.20%), 05/25/2045, (0.00% Floor) (Callable 05/25/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-R04, Class 1M1, 5.56% (30 day avg SOFR US + 1.20%), 05/25/2045, (0.00% Floor) (Callable 05/25/2030) <sup>(b)</sup> | 107014 |  | 107216 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Series 2980, Class SC, 2.21% (-1 x 30 day avg SOFR US + 6.59%), 05/15/2035, (0.00% Floor), (6.70% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2980, Class SC, 2.21% (-1 x 30 day avg SOFR US + 6.59%), 05/15/2035, (0.00% Floor), (6.70% Cap) <sup>(h)(i)</sup> | 133034 |  | 10816 |
| &nbsp;&nbsp; Series 2989, Class SG, 2.54% (-7 x 30 day avg SOFR US + 33.15%), 08/15/2034, (0.00% Floor), (33.95% Cap) <sup>(i)</sup> | &nbsp;&nbsp; Series 2989, Class SG, 2.54% (-7 x 30 day avg SOFR US + 33.15%), 08/15/2034, (0.00% Floor), (33.95% Cap) <sup>(i)</sup> | 138815 |  | 162895 |
| &nbsp;&nbsp; Series 3311, Class IA, 1.92% (-1 x 30 day avg SOFR US + 6.30%), 05/15/2037, (0.00% Floor), (6.41% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 3311, Class IA, 1.92% (-1 x 30 day avg SOFR US + 6.30%), 05/15/2037, (0.00% Floor), (6.41% Cap) <sup>(h)(i)</sup> | 792711 |  | 72679 |
| &nbsp;&nbsp; Series 3359, Class SC, 1.23% (-1 x 30 day avg SOFR US + 5.61%), 08/15/2037, (0.00% Floor), (5.72% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 3359, Class SC, 1.23% (-1 x 30 day avg SOFR US + 5.61%), 08/15/2037, (0.00% Floor), (5.72% Cap) <sup>(h)(i)</sup> | 268903 |  | 19701 |
| &nbsp;&nbsp; Series 389, Class C1, 1.50%, 05/15/2037 <sup>(h)</sup> | &nbsp;&nbsp; Series 389, Class C1, 1.50%, 05/15/2037 <sup>(h)</sup> | 4074617 |  | 216294 |
| &nbsp;&nbsp; Series 3966, Class SA, 1.41% (-1 x 30 day avg SOFR US + 5.79%), 12/15/2041, (0.00% Floor), (5.90% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 3966, Class SA, 1.41% (-1 x 30 day avg SOFR US + 5.79%), 12/15/2041, (0.00% Floor), (5.90% Cap) <sup>(h)(i)</sup> | 395997 |  | 35477 |
| &nbsp;&nbsp; Series 4077, Class TS, 1.51% (-1 x 30 day avg SOFR US + 5.89%), 05/15/2041, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 4077, Class TS, 1.51% (-1 x 30 day avg SOFR US + 5.89%), 05/15/2041, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | 228384 |  | 22016 |
| &nbsp;&nbsp; Series 4089, Class SH, 1.51% (-1 x 30 day avg SOFR US + 5.89%), 08/15/2042, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 4089, Class SH, 1.51% (-1 x 30 day avg SOFR US + 5.89%), 08/15/2042, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | 310771 |  | 32901 |
| &nbsp;&nbsp; Series 4249, Class CS, 1.30% (-1 x 30 day avg SOFR US + 4.56%), 09/15/2043, (0.00% Floor), (4.65% Cap) <sup>(i)</sup> | &nbsp;&nbsp; Series 4249, Class CS, 1.30% (-1 x 30 day avg SOFR US + 4.56%), 09/15/2043, (0.00% Floor), (4.65% Cap) <sup>(i)</sup> | 531152 |  | 404367 |
| &nbsp;&nbsp; Series 4993, Class KS, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 07/25/2050, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 4993, Class KS, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 07/25/2050, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | 2179726 |  | 329841 |
| &nbsp;&nbsp; Series K109, Class X1, 1.69%, 04/25/2030 (Callable 04/25/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K109, Class X1, 1.69%, 04/25/2030 (Callable 04/25/2030) <sup>(g)(h)</sup> | 651980 |  | 37748 |
| &nbsp;&nbsp; Series K117, Class X1, 1.32%, 08/25/2030 (Callable 07/25/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K117, Class X1, 1.32%, 08/25/2030 (Callable 07/25/2030) <sup>(g)(h)</sup> | 1257063 |  | 60731 |
| &nbsp;&nbsp; Series K-1515, Class X1, 1.63%, 02/25/2035 (Callable 11/25/2034) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K-1515, Class X1, 1.63%, 02/25/2035 (Callable 11/25/2034) <sup>(g)(h)</sup> | 788498 |  | 78078 |
| &nbsp;&nbsp; Series K-1518, Class X1, 0.95%, 10/25/2035 (Callable 07/25/2035) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K-1518, Class X1, 0.95%, 10/25/2035 (Callable 07/25/2035) <sup>(g)(h)</sup> | 1455985 |  | 86867 |
| &nbsp;&nbsp; Series K-1521, Class X1, 1.09%, 08/25/2036 (Callable 06/25/2036) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K-1521, Class X1, 1.09%, 08/25/2036 (Callable 06/25/2036) <sup>(g)(h)</sup> | 809101 |  | 59697 |
| &nbsp;&nbsp; Series KL06, Class XFX, 1.46%, 12/25/2029 (Callable 09/25/2029) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series KL06, Class XFX, 1.46%, 12/25/2029 (Callable 09/25/2029) <sup>(g)(h)</sup> | 942707 |  | 37409 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Series 2007-50, Class SX, 1.98% (-1 x 30 day avg SOFR US + 6.34%), 06/25/2037, (0.00% Floor), (6.45% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2007-50, Class SX, 1.98% (-1 x 30 day avg SOFR US + 6.34%), 06/25/2037, (0.00% Floor), (6.45% Cap) <sup>(h)(i)</sup> | 1368753 |  | 134097 |
| &nbsp;&nbsp; Series 2008-22, Class SB, 1.69% (-1 x 30 day avg SOFR US + 6.05%), 04/25/2048, (0.00% Floor), (6.16% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2008-22, Class SB, 1.69% (-1 x 30 day avg SOFR US + 6.05%), 04/25/2048, (0.00% Floor), (6.16% Cap) <sup>(h)(i)</sup> | 1165645 |  | 140820 |
| &nbsp;&nbsp; Series 2009-52, Class PI, 5.00%, 07/25/2039 <sup>(h)</sup> | &nbsp;&nbsp; Series 2009-52, Class PI, 5.00%, 07/25/2039 <sup>(h)</sup> | 50193 |  | 6933 |
| &nbsp;&nbsp; Series 2009-78, Class XS, 2.27% (-1 x 30 day avg SOFR US + 6.63%), 10/25/2039, (0.00% Floor), (6.74% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2009-78, Class XS, 2.27% (-1 x 30 day avg SOFR US + 6.63%), 10/25/2039, (0.00% Floor), (6.74% Cap) <sup>(h)(i)</sup> | 1689665 |  | 179180 |
| &nbsp;&nbsp; Series 2009-86, Class IP, 5.50%, 10/25/2039 <sup>(h)</sup> | &nbsp;&nbsp; Series 2009-86, Class IP, 5.50%, 10/25/2039 <sup>(h)</sup> | 48609 |  | 9249 |
| &nbsp;&nbsp; Series 2010-19, Class SM, 1.78% (-1 x 30 day avg SOFR US + 6.14%), 03/25/2040, (0.00% Floor), (6.25% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2010-19, Class SM, 1.78% (-1 x 30 day avg SOFR US + 6.14%), 03/25/2040, (0.00% Floor), (6.25% Cap) <sup>(h)(i)</sup> | 2928351 |  | 271657 |
| &nbsp;&nbsp; Series 2011-124, Class NS, 2.03% (-1 x 30 day avg SOFR US + 6.39%), 12/25/2041, (0.00% Floor), (6.50% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2011-124, Class NS, 2.03% (-1 x 30 day avg SOFR US + 6.39%), 12/25/2041, (0.00% Floor), (6.50% Cap) <sup>(h)(i)</sup> | 262167 |  | 34455 |
| &nbsp;&nbsp; Series 2012-20, Class SA, 1.98% (-1 x 30 day avg SOFR US + 6.34%), 03/25/2042, (0.00% Floor), (6.45% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2012-20, Class SA, 1.98% (-1 x 30 day avg SOFR US + 6.34%), 03/25/2042, (0.00% Floor), (6.45% Cap) <sup>(h)(i)</sup> | 265002 |  | 29854 |
| &nbsp;&nbsp; Series 2012-76, Class SC, 1.53% (-1 x 30 day avg SOFR US + 5.89%), 07/25/2042, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2012-76, Class SC, 1.53% (-1 x 30 day avg SOFR US + 5.89%), 07/25/2042, (0.00% Floor), (6.00% Cap) <sup>(h)(i)</sup> | 127035 |  | 14549 |
| &nbsp;&nbsp; Series 2014-28, Class SD, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 05/25/2044, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2014-28, Class SD, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 05/25/2044, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | 572129 |  | 59269 |
| &nbsp;&nbsp; Series 2017-53, Class IE, 4.00%, 07/25/2047 <sup>(h)</sup> | &nbsp;&nbsp; Series 2017-53, Class IE, 4.00%, 07/25/2047 <sup>(h)</sup> | 124662 |  | 26028 |
| &nbsp;&nbsp; Series 2019-33, Class PS, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 07/25/2049, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2019-33, Class PS, 1.58% (-1 x 30 day avg SOFR US + 5.94%), 07/25/2049, (0.00% Floor), (6.05% Cap) <sup>(h)(i)</sup> | 3396310 |  | 410404 |
| &nbsp;&nbsp; Series 2019-83, Class QS, 1.48% (-1 x 30 day avg SOFR US + 5.84%), 01/25/2050, (0.00% Floor), (5.95% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2019-83, Class QS, 1.48% (-1 x 30 day avg SOFR US + 5.84%), 01/25/2050, (0.00% Floor), (5.95% Cap) <sup>(h)(i)</sup> | 3872404 |  | 538116 |
| &nbsp;&nbsp; Series 2020-53, Class DI, 3.00%, 08/25/2060 <sup>(h)</sup> | &nbsp;&nbsp; Series 2020-53, Class DI, 3.00%, 08/25/2060 <sup>(h)</sup> | 2421747 |  | 388816 |
| &nbsp;&nbsp; Series 2020-79, Class IT, 4.00%, 11/25/2050 <sup>(h)</sup> | &nbsp;&nbsp; Series 2020-79, Class IT, 4.00%, 11/25/2050 <sup>(h)</sup> | 4783444 |  | 953233 |
| &nbsp;&nbsp; Series 2020-99, Class IC, 3.50%, 04/25/2050 <sup>(h)</sup> | &nbsp;&nbsp; Series 2020-99, Class IC, 3.50%, 04/25/2050 <sup>(h)</sup> | 3506941 |  | 640578 |
| &nbsp;&nbsp; Series 2021-18, Class IG, 3.00%, 06/25/2050 <sup>(h)</sup> | &nbsp;&nbsp; Series 2021-18, Class IG, 3.00%, 06/25/2050 <sup>(h)</sup> | 4476470 |  | 634806 |
| &nbsp;&nbsp; Series 2021-60, Class DI, 2.50%, 09/25/2051 <sup>(h)</sup> | &nbsp;&nbsp; Series 2021-60, Class DI, 2.50%, 09/25/2051 <sup>(h)</sup> | 2177866 |  | 255535 |
| &nbsp;&nbsp; Series 2025-18, Class FH, 5.76% (30 day avg SOFR US + 1.40%), 08/25/2054, (1.40% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2025-18, Class FH, 5.76% (30 day avg SOFR US + 1.40%), 08/25/2054, (1.40% Floor), (6.50% Cap) | 634487 |  | 636680 |
| &nbsp;&nbsp; Series 419, Class C4, 3.50%, 04/25/2044 <sup>(h)</sup> | &nbsp;&nbsp; Series 419, Class C4, 3.50%, 04/25/2044 <sup>(h)</sup> | 1730285 |  | 272989 |
|  First Republic Mortgage Loan Trust, Series 2020-1, Class B1, 2.88%, 04/25/2050 <sup>(b)(g)</sup> | First Republic Mortgage Loan Trust, Series 2020-1, Class B1, 2.88%, 04/25/2050 <sup>(b)(g)</sup> | 680126 |  | 641942 |
|  Flagstar Mortgage Trust, Series 2018-6RR, Class B1, 4.91%, 10/25/2048 (Callable 11/25/2034) <sup>(b)(g)</sup> | Flagstar Mortgage Trust, Series 2018-6RR, Class B1, 4.91%, 10/25/2048 (Callable 11/25/2034) <sup>(b)(g)</sup> | 399384 |  | 388447 |
| Freddie Mac Structured Agency Credit Risk Debt Notes | Freddie Mac Structured Agency Credit Risk Debt Notes | Freddie Mac Structured Agency Credit Risk Debt Notes | Freddie Mac Structured Agency Credit Risk Debt Notes | Freddie Mac Structured Agency Credit Risk Debt Notes |
| &nbsp;&nbsp; Series 2021-DNA5, Class M2, 6.01% (30 day avg SOFR US + 1.65%), 01/25/2034, (0.00% Floor) (Callable 01/25/2034) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-DNA5, Class M2, 6.01% (30 day avg SOFR US + 1.65%), 01/25/2034, (0.00% Floor) (Callable 01/25/2034) <sup>(b)</sup> | 112647 |  | 113269 |
| &nbsp;&nbsp; Series 2021-HQA4, Class B1, 8.11% (30 day avg SOFR US + 3.75%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-HQA4, Class B1, 8.11% (30 day avg SOFR US + 3.75%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | 700000 |  | 719252 |
| &nbsp;&nbsp; Series 2021-HQA4, Class M2, 6.71% (30 day avg SOFR US + 2.35%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-HQA4, Class M2, 6.71% (30 day avg SOFR US + 2.35%), 12/25/2041, (0.00% Floor) (Callable 12/25/2026) <sup>(b)</sup> | 400000 |  | 404996 |
| &nbsp;&nbsp; Series 2022-DNA3, Class M1A, 6.36% (30 day avg SOFR US + 2.00%), 04/25/2042, (0.00% Floor) (Callable 04/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-DNA3, Class M1A, 6.36% (30 day avg SOFR US + 2.00%), 04/25/2042, (0.00% Floor) (Callable 04/25/2027) <sup>(b)</sup> | 41001 |  | 41462 |
| &nbsp;&nbsp; Series 2022-DNA4, Class M1A, 6.56% (30 day avg SOFR US + 2.20%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-DNA4, Class M1A, 6.56% (30 day avg SOFR US + 2.20%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | 73954 |  | 74896 |
| &nbsp;&nbsp; Series 2022-DNA4, Class M1B, 7.71% (30 day avg SOFR US + 3.35%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-DNA4, Class M1B, 7.71% (30 day avg SOFR US + 3.35%), 05/25/2042, (0.00% Floor) (Callable 05/25/2027) <sup>(b)</sup> | 110000 |  | 114237 |
| &nbsp;&nbsp; Series 2022-DNA6, Class M1A, 6.51% (30 day avg SOFR US + 2.15%), 09/25/2042, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-DNA6, Class M1A, 6.51% (30 day avg SOFR US + 2.15%), 09/25/2042, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | 47779 |  | 48073 |
| &nbsp;&nbsp; Series 2022-DNA7, Class M1A, 6.86% (30 day avg SOFR US + 2.50%), 03/25/2052, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-DNA7, Class M1A, 6.86% (30 day avg SOFR US + 2.50%), 03/25/2052, (0.00% Floor) (Callable 09/25/2027) <sup>(b)</sup> | 44001 |  | 44498 |
| &nbsp;&nbsp; Series 2022-HQA1, Class M1B, 7.86% (30 day avg SOFR US + 3.50%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-HQA1, Class M1B, 7.86% (30 day avg SOFR US + 3.50%), 03/25/2042, (0.00% Floor) (Callable 03/25/2027) <sup>(b)</sup> | 85000 |  | 87966 |
| &nbsp;&nbsp; Series 2022-HQA3, Class M1B, 7.91% (30 day avg SOFR US + 3.55%), 08/25/2042, (0.00% Floor) (Callable 08/25/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-HQA3, Class M1B, 7.91% (30 day avg SOFR US + 3.55%), 08/25/2042, (0.00% Floor) (Callable 08/25/2027) <sup>(b)</sup> | 105000 |  | 109778 |
| &nbsp;&nbsp; Series 2024-HQA1, Class M2, 6.36% (30 day avg SOFR US + 2.00%), 03/25/2044, (0.00% Floor) (Callable 03/25/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-HQA1, Class M2, 6.36% (30 day avg SOFR US + 2.00%), 03/25/2044, (0.00% Floor) (Callable 03/25/2029) <sup>(b)</sup> | 185000 |  | 186600 |
| &nbsp;&nbsp; Series 2025-HQA1, Class M1, 5.51% (30 day avg SOFR US + 1.15%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-HQA1, Class M1, 5.51% (30 day avg SOFR US + 1.15%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | 126820 |  | 126963 |
| &nbsp;&nbsp; Series 2025-HQA1, Class M2, 6.01% (30 day avg SOFR US + 1.65%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-HQA1, Class M2, 6.01% (30 day avg SOFR US + 1.65%), 02/25/2045, (0.00% Floor) (Callable 02/25/2030) <sup>(b)</sup> | 120000 |  | 120453 |
|  FREMF Mortgage Trust, Series 2019-KF71, Class C, 10.47% (30 day avg SOFR US + 6.11%), 10/25/2029, (6.00% Floor) (Callable 10/25/2029) <sup>(b)</sup> | FREMF Mortgage Trust, Series 2019-KF71, Class C, 10.47% (30 day avg SOFR US + 6.11%), 10/25/2029, (6.00% Floor) (Callable 10/25/2029) <sup>(b)</sup> | 127375 |  | 124066 |
|  GCAT, Series 2022-NQM4, Class A1, 5.27%, 08/25/2067 (Callable 10/25/2025) <sup>(b)(f)</sup> | GCAT, Series 2022-NQM4, Class A1, 5.27%, 08/25/2067 (Callable 10/25/2025) <sup>(b)(f)</sup> | 72820 |  | 72790 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |
| &nbsp;&nbsp; Series 2010-133, Class SD, 1.81% (-1 x 1 mo. Term SOFR + 5.96%), 10/16/2040, (0.00% Floor), (6.07% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2010-133, Class SD, 1.81% (-1 x 1 mo. Term SOFR + 5.96%), 10/16/2040, (0.00% Floor), (6.07% Cap) <sup>(h)(i)</sup> | 1155346 |  | 53712 |
| &nbsp;&nbsp; Series 2014-102, Class SY, 1.40% (-1 x 1 mo. Term SOFR + 5.54%), 02/20/2044, (0.00% Floor), (5.65% Cap) <sup>(h)(i)</sup> | &nbsp;&nbsp; Series 2014-102, Class SY, 1.40% (-1 x 1 mo. Term SOFR + 5.54%), 02/20/2044, (0.00% Floor), (5.65% Cap) <sup>(h)(i)</sup> | 1164137 |  | 72134 |
| &nbsp;&nbsp; Series 2018-83, Class HI, 5.00%, 01/20/2048 <sup>(h)</sup> | &nbsp;&nbsp; Series 2018-83, Class HI, 5.00%, 01/20/2048 <sup>(h)</sup> | 550017 |  | 97378 |
| &nbsp;&nbsp; Series 2021-66, Class IA, 3.00%, 12/20/2050 <sup>(h)</sup> | &nbsp;&nbsp; Series 2021-66, Class IA, 3.00%, 12/20/2050 <sup>(h)</sup> | 2274465 |  | 310790 |
| &nbsp;&nbsp; Series 2022-19, Class CI, 3.00%, 01/20/2052 <sup>(h)</sup> | &nbsp;&nbsp; Series 2022-19, Class CI, 3.00%, 01/20/2052 <sup>(h)</sup> | 2262382 |  | 309665 |
| &nbsp;&nbsp; Series 2025-25, Class FG, 5.64% (30 day avg SOFR US + 1.25%), 02/20/2055, (1.25% Floor), (6.50% Cap) | &nbsp;&nbsp; Series 2025-25, Class FG, 5.64% (30 day avg SOFR US + 1.25%), 02/20/2055, (1.25% Floor), (6.50% Cap) | 1461003 |  | 1462806 |
|  Great Wolf Trust, Series 2024-WOLF, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 03/15/2039, (1.54% Floor) <sup>(b)</sup> | Great Wolf Trust, Series 2024-WOLF, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 03/15/2039, (1.54% Floor) <sup>(b)</sup> | 350000 |  | 351062 |
|  Greystone Commercial Real Estate Notes, Series 2021-FL3, Class D, 6.46% (1 mo. Term SOFR + 2.31%), 07/15/2039, (2.20% Floor) (Callable 10/15/2025) <sup>(b)</sup> | Greystone Commercial Real Estate Notes, Series 2021-FL3, Class D, 6.46% (1 mo. Term SOFR + 2.31%), 07/15/2039, (2.20% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 99864 |
| GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II | GS Mortgage Securities Corp. II |
| &nbsp;&nbsp; Series 2013-GC13, Class B, 4.00%, 07/10/2046 (Callable 05/10/2027) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2013-GC13, Class B, 4.00%, 07/10/2046 (Callable 05/10/2027) <sup>(b)(g)</sup> | 100000 |  | 97085 |
| &nbsp;&nbsp; Series 2018-RIVR, Class C, 5.70% (1 mo. Term SOFR + 1.55%), 07/15/2035, (1.50% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2018-RIVR, Class C, 5.70% (1 mo. Term SOFR + 1.55%), 07/15/2035, (1.50% Floor) <sup>(b)</sup> | 122000 |  | 5417 |
| &nbsp;&nbsp; Series 2019-GC42, Class XA, 0.93%, 09/10/2052 (Callable 09/10/2029) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2019-GC42, Class XA, 0.93%, 09/10/2052 (Callable 09/10/2029) <sup>(g)(h)</sup> | 2135228 |  | 54739 |
| &nbsp;&nbsp; Series 2020-GC47, Class XA, 1.24%, 05/12/2053 (Callable 02/12/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2020-GC47, Class XA, 1.24%, 05/12/2053 (Callable 02/12/2030) <sup>(g)(h)</sup> | 1455071 |  | 57686 |
| &nbsp;&nbsp; Series 2020-GSA2, Class XA, 1.77%, 12/12/2053 (Callable 10/10/2030) <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2020-GSA2, Class XA, 1.77%, 12/12/2053 (Callable 10/10/2030) <sup>(b)(g)(h)</sup> | 1134717 |  | 73183 |
| &nbsp;&nbsp; Series 2024-FAIR, Class A, 6.07%, 07/15/2029 <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2024-FAIR, Class A, 6.07%, 07/15/2029 <sup>(b)(g)</sup> | 400000 |  | 411829 |
| GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust | GS Mortgage-Backed Securities Trust |
| &nbsp;&nbsp; Series 2020-PJ6, Class A4, 2.50%, 05/25/2051 (Callable 03/25/2040) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2020-PJ6, Class A4, 2.50%, 05/25/2051 (Callable 03/25/2040) <sup>(b)(g)</sup> | 287222 |  | 233941 |
| &nbsp;&nbsp; Series 2022-PJ1, Class A4, 2.50%, 05/28/2052 (Callable 02/25/2049) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2022-PJ1, Class A4, 2.50%, 05/28/2052 (Callable 02/25/2049) <sup>(b)(g)</sup> | 240465 |  | 198046 |
| &nbsp;&nbsp; Series 2024-PJ4, Class B2, 6.06%, 08/25/2054 (Callable 10/25/2032) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2024-PJ4, Class B2, 6.06%, 08/25/2054 (Callable 10/25/2032) <sup>(b)(g)</sup> | 97278 |  | 97144 |
| GSAA Trust | GSAA Trust | GSAA Trust | GSAA Trust | GSAA Trust |
| &nbsp;&nbsp; Series 2006-4, Class 4A3, 4.11%, 03/25/2036 (Callable 10/25/2025) <sup>(g)</sup> | &nbsp;&nbsp; Series 2006-4, Class 4A3, 4.11%, 03/25/2036 (Callable 10/25/2025) <sup>(g)</sup> | 358421 |  | 211390 |
| &nbsp;&nbsp; Series 2007-7, Class A4, 4.81% (1 mo. Term SOFR + 0.65%), 07/25/2037, (0.54% Floor) (Callable 10/25/2025) | &nbsp;&nbsp; Series 2007-7, Class A4, 4.81% (1 mo. Term SOFR + 0.65%), 07/25/2037, (0.54% Floor) (Callable 10/25/2025) | 43615 |  | 42916 |
|  GSCG Trust, Series 2019-600C, Class E, 4.12%, 09/06/2034 <sup>(b)(g)</sup> | GSCG Trust, Series 2019-600C, Class E, 4.12%, 09/06/2034 <sup>(b)(g)</sup> | 183000 |  | 7340 |
|  HIG RCP LLC, Series 2023-FL1, Class B, 7.76% (1 mo. Term SOFR + 3.61%), 09/19/2038, (3.61% Floor) (Callable 04/19/2026) <sup>(b)</sup> | HIG RCP LLC, Series 2023-FL1, Class B, 7.76% (1 mo. Term SOFR + 3.61%), 09/19/2038, (3.61% Floor) (Callable 04/19/2026) <sup>(b)</sup> | 84681 |  | 84698 |
|  HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 6.07%, 05/10/2039 <sup>(b)(g)</sup> | HTL Commercial Mortgage Trust, Series 2024-T53, Class A, 6.07%, 05/10/2039 <sup>(b)(g)</sup> | 500000 |  | 508025 |
|  Hundred Acre Wood Trust, Series 2021-INV1, Class A27, 2.50%, 07/25/2051 (Callable 05/25/2041) <sup>(b)(g)</sup> | Hundred Acre Wood Trust, Series 2021-INV1, Class A27, 2.50%, 07/25/2051 (Callable 05/25/2041) <sup>(b)(g)</sup> | 275272 |  | 226540 |
| JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust | JP Morgan Mortgage Trust |
| &nbsp;&nbsp; Series 2018-8, Class B1, 4.03%, 01/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2018-8, Class B1, 4.03%, 01/25/2049 (Callable 10/25/2025) <sup>(b)(g)</sup> | 412920 |  | 380712 |
| &nbsp;&nbsp; Series 2019-8, Class A15, 3.50%, 03/25/2050 (Callable 06/25/2029) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-8, Class A15, 3.50%, 03/25/2050 (Callable 06/25/2029) <sup>(b)(g)</sup> | 6730 |  | 6024 |
| &nbsp;&nbsp; Series 2019-8, Class B2A, 3.14%, 03/25/2050 (Callable 06/25/2029) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2019-8, Class B2A, 3.14%, 03/25/2050 (Callable 06/25/2029) <sup>(b)(g)</sup> | 171229 |  | 149693 |
| &nbsp;&nbsp; Series 2020-4, Class A5, 3.00%, 11/25/2050 (Callable 11/25/2037) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2020-4, Class A5, 3.00%, 11/25/2050 (Callable 11/25/2037) <sup>(b)(g)</sup> | 153679 |  | 132803 |
| &nbsp;&nbsp; Series 2022-5, Class A9, 2.80%, 09/25/2052 (Callable 06/25/2045) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2022-5, Class A9, 2.80%, 09/25/2052 (Callable 06/25/2045) <sup>(b)(g)</sup> | 412470 |  | 345250 |
| &nbsp;&nbsp; Series 2025-CCM1, Class A2, 5.50%, 06/25/2055 (Callable 06/25/2040) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2025-CCM1, Class A2, 5.50%, 06/25/2055 (Callable 06/25/2040) <sup>(b)(g)</sup> | 183675 |  | 184808 |
|  JPMDB Commercial Mortgage Securities Trust, Series 2016-C2, Class XA, 1.62%, 06/15/2049 (Callable 03/15/2026) <sup>(g)(h)</sup> | JPMDB Commercial Mortgage Securities Trust, Series 2016-C2, Class XA, 1.62%, 06/15/2049 (Callable 03/15/2026) <sup>(g)(h)</sup> | 843875 |  | 4399 |
| Life Mortgage Trust US | Life Mortgage Trust US | Life Mortgage Trust US | Life Mortgage Trust US | Life Mortgage Trust US |
| &nbsp;&nbsp; Series 2022-BMR2, Class A1, 5.45% (1 mo. Term SOFR + 1.30%), 05/15/2039, (1.30% Floor) (Callable 05/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-BMR2, Class A1, 5.45% (1 mo. Term SOFR + 1.30%), 05/15/2039, (1.30% Floor) (Callable 05/15/2026) <sup>(b)</sup> | 170000 |  | 165324 |
| &nbsp;&nbsp; Series 2022-BMR2, Class B, 5.94% (1 mo. Term SOFR + 1.79%), 05/15/2039, (1.79% Floor) (Callable 05/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-BMR2, Class B, 5.94% (1 mo. Term SOFR + 1.79%), 05/15/2039, (1.79% Floor) (Callable 05/15/2026) <sup>(b)</sup> | 250000 |  | 230623 |
| LoanCore | LoanCore | LoanCore | LoanCore | LoanCore |
| &nbsp;&nbsp; Series 2021-CRE6, Class D, 7.11% (1 mo. Term SOFR + 2.96%), 11/15/2038, (2.85% Floor) (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-CRE6, Class D, 7.11% (1 mo. Term SOFR + 2.96%), 11/15/2038, (2.85% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 99000 |
| &nbsp;&nbsp; Series 2022-CRE7, Class C, 6.88% (30 day avg SOFR US + 2.50%), 01/17/2037, (2.50% Floor) (Callable 10/17/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-CRE7, Class C, 6.88% (30 day avg SOFR US + 2.50%), 01/17/2037, (2.50% Floor) (Callable 10/17/2025) <sup>(b)</sup> | 100000 |  | 99970 |
| &nbsp;&nbsp; Series 2025-CRE8, Class D, 6.88% (1 mo. Term SOFR + 2.74%), 08/17/2042, (2.74% Floor) (Callable 08/17/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-CRE8, Class D, 6.88% (1 mo. Term SOFR + 2.74%), 08/17/2042, (2.74% Floor) (Callable 08/17/2027) <sup>(b)</sup> | 100000 |  | 99261 |
| LSTAR Commercial Mortgage Trust | LSTAR Commercial Mortgage Trust | LSTAR Commercial Mortgage Trust | LSTAR Commercial Mortgage Trust | LSTAR Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2016-4, Class C, 4.78%, 03/10/2049 (Callable 09/10/2030) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2016-4, Class C, 4.78%, 03/10/2049 (Callable 09/10/2030) <sup>(b)(g)</sup> | 274000 |  | 261141 |
| &nbsp;&nbsp; Series 2016-4, Class XA, 1.61%, 03/10/2049 (Callable 09/10/2030) <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2016-4, Class XA, 1.61%, 03/10/2049 (Callable 09/10/2030) <sup>(b)(g)(h)</sup> | 331770 |  | 506 |
| &nbsp;&nbsp; Series 2017-5, Class X, 1.00%, 03/10/2050 (Callable 09/10/2030) <sup>(b)(g)(h)</sup> | &nbsp;&nbsp; Series 2017-5, Class X, 1.00%, 03/10/2050 (Callable 09/10/2030) <sup>(b)(g)(h)</sup> | 1734013 |  | 11076 |
| MF1 Multifamily Housing Mortgage Loan Trust | MF1 Multifamily Housing Mortgage Loan Trust | MF1 Multifamily Housing Mortgage Loan Trust | MF1 Multifamily Housing Mortgage Loan Trust | MF1 Multifamily Housing Mortgage Loan Trust |
| &nbsp;&nbsp; Series 2024-FL15, Class B, 6.63% (1 mo. Term SOFR + 2.49%), 08/18/2041, (2.49% Floor) (Callable 07/18/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-FL15, Class B, 6.63% (1 mo. Term SOFR + 2.49%), 08/18/2041, (2.49% Floor) (Callable 07/18/2026) <sup>(b)</sup> | 100000 |  | 100156 |
| &nbsp;&nbsp; Series 2024-FL16, Class D, 7.73% (1 mo. Term SOFR + 3.59%), 11/18/2039, (3.59% Floor) (Callable 10/18/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-FL16, Class D, 7.73% (1 mo. Term SOFR + 3.59%), 11/18/2039, (3.59% Floor) (Callable 10/18/2026) <sup>(b)</sup> | 100000 |  | 99000 |
| &nbsp;&nbsp; Series 2025-FL17, Class D, 6.88% (1 mo. Term SOFR + 2.74%), 02/18/2040, (2.74% Floor) (Callable 07/18/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-FL17, Class D, 6.88% (1 mo. Term SOFR + 2.74%), 02/18/2040, (2.74% Floor) (Callable 07/18/2026) <sup>(b)</sup> | 100000 |  | 99500 |
|  MFRA Trust, Series 2020-NQM3, Class A3, 1.63%, 01/26/2065 (Callable 10/25/2025) <sup>(b)(g)</sup> | MFRA Trust, Series 2020-NQM3, Class A3, 1.63%, 01/26/2065 (Callable 10/25/2025) <sup>(b)(g)</sup> | 54503 |  | 52274 |
|  MHC Commercial Mortgage Trust, Series 2021-MHC, Class F, 6.87% (1 mo. Term SOFR + 2.72%), 04/15/2038, (2.60% Floor) <sup>(b)</sup> | MHC Commercial Mortgage Trust, Series 2021-MHC, Class F, 6.87% (1 mo. Term SOFR + 2.72%), 04/15/2038, (2.60% Floor) <sup>(b)</sup> | 240000 |  | 240198 |
| Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust | Morgan Stanley Bank of America Merrill Lynch Trust |
| &nbsp;&nbsp; Series 2012-CKSV, Class A2, 3.28%, 10/15/2030 (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2012-CKSV, Class A2, 3.28%, 10/15/2030 (Callable 10/15/2025) <sup>(b)</sup> | 81324 |  | 77837 |
| &nbsp;&nbsp; Series 2013-C9, Class B, 3.71%, 05/15/2046 (Callable 06/15/2028) <sup>(g)</sup> | &nbsp;&nbsp; Series 2013-C9, Class B, 3.71%, 05/15/2046 (Callable 06/15/2028) <sup>(g)</sup> | 87449 |  | 83799 |
| &nbsp;&nbsp; Series 2014-C17, Class E, 3.50%, 08/15/2047 (Callable 07/15/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2014-C17, Class E, 3.50%, 08/15/2047 (Callable 07/15/2026) <sup>(b)</sup> | 93922 |  | 92517 |
| Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. | Morgan Stanley Capital I, Inc. |
| &nbsp;&nbsp; Series 2016-UB12, Class XA, 0.76%, 12/15/2049 (Callable 11/15/2026) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2016-UB12, Class XA, 0.76%, 12/15/2049 (Callable 11/15/2026) <sup>(g)(h)</sup> | 2404047 |  | 9629 |
| &nbsp;&nbsp; Series 2019-NUGS, Class E, 6.51% (1 mo. Term SOFR + 2.36%), 12/15/2036, (3.74% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-NUGS, Class E, 6.51% (1 mo. Term SOFR + 2.36%), 12/15/2036, (3.74% Floor) <sup>(b)</sup> | 147000 |  | 2942 |
| &nbsp;&nbsp; Series 2019-NUGS, Class F, 7.11% (1 mo. Term SOFR + 2.96%), 12/15/2036, (4.34% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-NUGS, Class F, 7.11% (1 mo. Term SOFR + 2.96%), 12/15/2036, (4.34% Floor) <sup>(b)</sup> | 125000 |  | 939 |
| &nbsp;&nbsp; Series 2019-PLND, Class E, 6.42% (1 mo. Term SOFR + 2.26%), 05/15/2036, (2.15% Floor) (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-PLND, Class E, 6.42% (1 mo. Term SOFR + 2.26%), 05/15/2036, (2.15% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 189000 |  | 15782 |
|  ONNI Commerical Mortgage Trust, Series 2024-APT, Class A, 5.75%, 07/15/2039 <sup>(b)(g)</sup> | ONNI Commerical Mortgage Trust, Series 2024-APT, Class A, 5.75%, 07/15/2039 <sup>(b)(g)</sup> | 350000 |  | 357723 |
|  PFP III Ltd., Series 2024-11, Class B, 6.71% (1 mo. Term SOFR + 2.49%), 09/17/2039, (2.49% Floor) (Callable 09/17/2027) <sup>(b)</sup> | PFP III Ltd., Series 2024-11, Class B, 6.71% (1 mo. Term SOFR + 2.49%), 09/17/2039, (2.49% Floor) (Callable 09/17/2027) <sup>(b)</sup> | 99553 |  | 99491 |
|  PR Mortgage Loan Trust, Series 2014-1, Class APT, 5.83%, 10/25/2049 (Callable 04/25/2030) <sup>(b)(g)</sup> | PR Mortgage Loan Trust, Series 2014-1, Class APT, 5.83%, 10/25/2049 (Callable 04/25/2030) <sup>(b)(g)</sup> | 814620 |  | 786298 |
|  Provident Funding Mortgage Trust, Series 2021-J1, Class A10, 2.00%, 10/25/2051 (Callable 08/25/2044) <sup>(b)(g)</sup> | Provident Funding Mortgage Trust, Series 2021-J1, Class A10, 2.00%, 10/25/2051 (Callable 08/25/2044) <sup>(b)(g)</sup> | 200000 |  | 124991 |
|  Rate Mortgage Trust, Series 2021-HB1, Class A31, 2.50%, 12/25/2051 (Callable 04/25/2042) <sup>(b)(g)</sup> | Rate Mortgage Trust, Series 2021-HB1, Class A31, 2.50%, 12/25/2051 (Callable 04/25/2042) <sup>(b)(g)</sup> | 403935 |  | 332426 |
|  RCKT Mortgage Trust, Series 2021-1, Class B3, 2.71%, 03/25/2051 (Callable 02/25/2045) <sup>(b)(g)</sup> | RCKT Mortgage Trust, Series 2021-1, Class B3, 2.71%, 03/25/2051 (Callable 02/25/2045) <sup>(b)(g)</sup> | 435034 |  | 368304 |
|  ROCK Trust 2024-CNTR, Series 2024-CNTR, Class D, 7.11%, 11/13/2041 <sup>(b)</sup> | ROCK Trust 2024-CNTR, Series 2024-CNTR, Class D, 7.11%, 11/13/2041 <sup>(b)</sup> | 300000 |  | 312119 |
|  SCOTT Trust 2023-SFS, Series 2023-SFS, Class AS, 6.20%, 03/10/2040 <sup>(b)</sup> | SCOTT Trust 2023-SFS, Series 2023-SFS, Class AS, 6.20%, 03/10/2040 <sup>(b)</sup> | 100000 |  | 101599 |
| Sequoia Mortgage Trust | Sequoia Mortgage Trust | Sequoia Mortgage Trust | Sequoia Mortgage Trust | Sequoia Mortgage Trust |
| &nbsp;&nbsp; Series 2021-3, Class B3, 2.65%, 05/25/2051 (Callable 03/25/2040) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2021-3, Class B3, 2.65%, 05/25/2051 (Callable 03/25/2040) <sup>(b)(g)</sup> | 443116 |  | 364092 |
| &nbsp;&nbsp; Series 2024-9, Class A20, 5.50%, 10/25/2054 (Callable 11/25/2045) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2024-9, Class A20, 5.50%, 10/25/2054 (Callable 11/25/2045) <sup>(b)(g)</sup> | 131852 |  | 131965 |
| &nbsp;&nbsp; Series 2025-2, Class A19, 6.00%, 03/25/2055 (Callable 01/25/2033) <sup>(b)(g)</sup> | &nbsp;&nbsp; Series 2025-2, Class A19, 6.00%, 03/25/2055 (Callable 01/25/2033) <sup>(b)(g)</sup> | 173451 |  | 174928 |
|  SG Commercial Mortgage Securities LLC, Series 2016-C5, Class XA, 1.98%, 10/10/2048 (Callable 07/10/2026) <sup>(g)(h)</sup> | SG Commercial Mortgage Securities LLC, Series 2016-C5, Class XA, 1.98%, 10/10/2048 (Callable 07/10/2026) <sup>(g)(h)</sup> | 802961 |  | 5862 |
|  SMRT 2022-MINI, Series 2022-MINI, Class B, 5.50% (1 mo. Term SOFR + 1.35%), 01/15/2039, (1.35% Floor) <sup>(b)</sup> | SMRT 2022-MINI, Series 2022-MINI, Class B, 5.50% (1 mo. Term SOFR + 1.35%), 01/15/2039, (1.35% Floor) <sup>(b)</sup> | 250000 |  | 249062 |
|  STRU SNEX-8901 NIKK, Series SNEX-8901, Class NIKK, 5.07%, 09/18/2055 <sup>(c)(g)</sup> | STRU SNEX-8901 NIKK, Series SNEX-8901, Class NIKK, 5.07%, 09/18/2055 <sup>(c)(g)</sup> | 300000 |  | 298254 |
|  TPG Real Estate Finance Issuer Ltd., Series 2022-FL5, Class AS, 6.29% (1 mo. Term SOFR + 2.15%), 02/15/2039, (2.15% Floor) (Callable 10/15/2025) <sup>(b)</sup> | TPG Real Estate Finance Issuer Ltd., Series 2022-FL5, Class AS, 6.29% (1 mo. Term SOFR + 2.15%), 02/15/2039, (2.15% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 99997 |
| UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust | UBS Commercial Mortgage Trust |
| &nbsp;&nbsp; Series 2017-C3, Class C, 4.50%, 08/15/2050 (Callable 08/15/2027) <sup>(g)</sup> | &nbsp;&nbsp; Series 2017-C3, Class C, 4.50%, 08/15/2050 (Callable 08/15/2027) <sup>(g)</sup> | 100000 |  | 95321 |
| &nbsp;&nbsp; Series 2018-C13, Class C, 5.14%, 10/15/2051 (Callable 10/15/2028) <sup>(g)</sup> | &nbsp;&nbsp; Series 2018-C13, Class C, 5.14%, 10/15/2051 (Callable 10/15/2028) <sup>(g)</sup> | 100000 |  | 92126 |
| &nbsp;&nbsp; Series 2018-C9, Class XA, 1.07%, 03/15/2051 (Callable 03/15/2028) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2018-C9, Class XA, 1.07%, 03/15/2051 (Callable 03/15/2028) <sup>(g)(h)</sup> | 2142754 |  | 36502 |
|  UBS-Barclays Commercial Mortgage Trust, Series 2019-C3, Class XA, 1.47%, 05/15/2052 (Callable 03/15/2029) <sup>(g)(h)</sup> | UBS-Barclays Commercial Mortgage Trust, Series 2019-C3, Class XA, 1.47%, 05/15/2052 (Callable 03/15/2029) <sup>(g)(h)</sup> | 1368910 |  | 50589 |
|  Verus Securitization Trust, Series 2022-8, Class A3, 6.13%, 09/25/2067 (Callable 10/25/2025) <sup>(b)(f)</sup> | Verus Securitization Trust, Series 2022-8, Class A3, 6.13%, 09/25/2067 (Callable 10/25/2025) <sup>(b)(f)</sup> | 73459 |  | 73825 |
|  WaMu Mortgage Pass Through Certificates, Series 2007-HY3, Class 1A1, 3.83%, 03/25/2037 (Callable 10/25/2025) <sup>(g)</sup> | WaMu Mortgage Pass Through Certificates, Series 2007-HY3, Class 1A1, 3.83%, 03/25/2037 (Callable 10/25/2025) <sup>(g)</sup> | 306381 |  | 246598 |
|  Wells Fargo Commercial Mortgage Trust 2024-1CHI, Series 2024-5C2, Class C, 6.53%, 11/15/2057 (Callable 11/15/2029) <sup>(g)</sup> | Wells Fargo Commercial Mortgage Trust 2024-1CHI, Series 2024-5C2, Class C, 6.53%, 11/15/2057 (Callable 11/15/2029) <sup>(g)</sup> | 100000 |  | 102658 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $39,754,662) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $39,754,662) | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS** (Cost $39,754,662) |  | 35473666 |
| **MORTGAGE-BACKED SECURITIES - 7.3%** | **MORTGAGE-BACKED SECURITIES - 7.3%** | **Par** |  | **Value**  |
|  BANK-2020, Series 2020-BN30, Class XA, 1.37%, 12/15/2053 <sup>(g)(h)</sup> | BANK-2020, Series 2020-BN30, Class XA, 1.37%, 12/15/2053 <sup>(g)(h)</sup> | 1223166 |  | 60019 |
|  BANK5 Trust, Series 2025-5YR17, Class XA, 1.40%, 11/15/2058 (Callable 10/15/2030) <sup>(g)(h)</sup> | BANK5 Trust, Series 2025-5YR17, Class XA, 1.40%, 11/15/2058 (Callable 10/15/2030) <sup>(g)(h)</sup> | 1707000 |  | 87073 |
|  BBCMS Trust, Series 2025-5C37, Class XA, 1.66%, 09/15/2058 (Callable 11/15/2031) <sup>(g)(h)</sup> | BBCMS Trust, Series 2025-5C37, Class XA, 1.66%, 09/15/2058 (Callable 11/15/2031) <sup>(g)(h)</sup> | 970000 |  | 67892 |
| Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust | Benchmark Mortgage Trust |
| &nbsp;&nbsp; Series 2021-B25, Class XA, 1.19%, 04/15/2054 (Callable 02/15/2031) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2021-B25, Class XA, 1.19%, 04/15/2054 (Callable 02/15/2031) <sup>(g)(h)</sup> | 2190653 |  | 90542 |
| &nbsp;&nbsp; Series 2023-V2, Class XA, 1.22%, 05/15/2055 (Callable 03/15/2028) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2023-V2, Class XA, 1.22%, 05/15/2055 (Callable 03/15/2028) <sup>(g)(h)</sup> | 1795205 |  | 37968 |
|  BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class A, 6.07% (1 mo. Term SOFR + 1.92%), 08/15/2041, (1.92% Floor) <sup>(b)</sup> | BOCA Commercial Mortgage Trust, Series 2024-BOCA, Class A, 6.07% (1 mo. Term SOFR + 1.92%), 08/15/2041, (1.92% Floor) <sup>(b)</sup> | 100000 |  | 100438 |
| BX Trust | BX Trust | BX Trust | BX Trust | BX Trust |
| &nbsp;&nbsp; Series 2021-ACNT, Class C, 5.76% (1 mo. Term SOFR + 1.61%), 11/15/2038, (1.50% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-ACNT, Class C, 5.76% (1 mo. Term SOFR + 1.61%), 11/15/2038, (1.50% Floor) <sup>(b)</sup> | 78016 |  | 77919 |
| &nbsp;&nbsp; Series 2021-LBA, Class DJV, 5.87% (1 mo. Term SOFR + 1.71%), 02/15/2036, (1.60% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-LBA, Class DJV, 5.87% (1 mo. Term SOFR + 1.71%), 02/15/2036, (1.60% Floor) <sup>(b)</sup> | 100000 |  | 99750 |
| &nbsp;&nbsp; Series 2022-LBA6, Class E, 6.85% (1 mo. Term SOFR + 2.70%), 01/15/2039, (2.70% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-LBA6, Class E, 6.85% (1 mo. Term SOFR + 2.70%), 01/15/2039, (2.70% Floor) <sup>(b)</sup> | 100000 |  | 99875 |
| &nbsp;&nbsp; Series 2024-CNYN, Class C, 6.09% (1 mo. Term SOFR + 1.94%), 04/15/2041, (1.94% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-CNYN, Class C, 6.09% (1 mo. Term SOFR + 1.94%), 04/15/2041, (1.94% Floor) <sup>(b)</sup> | 230677 |  | 230965 |
| &nbsp;&nbsp; Series 2024-KING, Class B, 5.89% (1 mo. Term SOFR + 1.74%), 05/15/2034, (1.74% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-KING, Class B, 5.89% (1 mo. Term SOFR + 1.74%), 05/15/2034, (1.74% Floor) <sup>(b)</sup> | 378023 |  | 378259 |
| &nbsp;&nbsp; Series 2025-VLT6, Class C, 6.34% (1 mo. Term SOFR + 2.19%), 03/15/2042, (2.19% Floor) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-VLT6, Class C, 6.34% (1 mo. Term SOFR + 2.19%), 03/15/2042, (2.19% Floor) <sup>(b)</sup> | 300000 |  | 299625 |
|  BX Trust 2024-VLT4, Series 2024-AIRC, Class C, 6.74% (1 mo. Term SOFR + 2.59%), 08/15/2039, (2.59% Floor) <sup>(b)</sup> | BX Trust 2024-VLT4, Series 2024-AIRC, Class C, 6.74% (1 mo. Term SOFR + 2.59%), 08/15/2039, (2.59% Floor) <sup>(b)</sup> | 93620 |  | 93941 |
|  DBGS Mortgage Trust, Series 2021-W52, Class A, 5.66% (1 mo. Term SOFR + 1.51%), 10/15/2036, (1.40% Floor) <sup>(b)</sup> | DBGS Mortgage Trust, Series 2021-W52, Class A, 5.66% (1 mo. Term SOFR + 1.51%), 10/15/2036, (1.40% Floor) <sup>(b)</sup> | 100000 |  | 99189 |
|  ELP Commercial Mortgage Trust, Series 2021-ELP, Class E, 6.38% (1 mo. Term SOFR + 2.23%), 11/15/2038, (2.12% Floor) <sup>(b)</sup> | ELP Commercial Mortgage Trust, Series 2021-ELP, Class E, 6.38% (1 mo. Term SOFR + 2.23%), 11/15/2038, (2.12% Floor) <sup>(b)</sup> | 99174 |  | 99112 |
| Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. | Federal Home Loan Mortgage Corp. |
| &nbsp;&nbsp; Pool QX2709, 6.00%, 01/01/2055 | &nbsp;&nbsp; Pool QX2709, 6.00%, 01/01/2055 | 262879 |  | 269030 |
| &nbsp;&nbsp; Pool RJ2751, 6.00%, 11/01/2054 | &nbsp;&nbsp; Pool RJ2751, 6.00%, 11/01/2054 | 150782 |  | 154743 |
| &nbsp;&nbsp; Pool RJ3275, 5.50%, 02/01/2055 | &nbsp;&nbsp; Pool RJ3275, 5.50%, 02/01/2055 | 192592 |  | 196196 |
| &nbsp;&nbsp; Pool RJ3503, 6.00%, 02/01/2055 | &nbsp;&nbsp; Pool RJ3503, 6.00%, 02/01/2055 | 184808 |  | 191396 |
| &nbsp;&nbsp; Pool SD6621, 6.00%, 10/01/2054 | &nbsp;&nbsp; Pool SD6621, 6.00%, 10/01/2054 | 113317 |  | 117498 |
| &nbsp;&nbsp; Pool SD8342, 5.50%, 07/01/2053 | &nbsp;&nbsp; Pool SD8342, 5.50%, 07/01/2053 | 1650807 |  | 1670865 |
| &nbsp;&nbsp; Pool SL1712, 6.00%, 12/01/2054 | &nbsp;&nbsp; Pool SL1712, 6.00%, 12/01/2054 | 1121133 |  | 1154020 |
| &nbsp;&nbsp; Series 2021-P011, Class X1, 1.75%, 09/25/2045 <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2021-P011, Class X1, 1.75%, 09/25/2045 <sup>(g)(h)</sup> | 506581 |  | 53740 |
| &nbsp;&nbsp; Series K122, Class X1, 0.96%, 11/25/2030 (Callable 09/25/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series K122, Class X1, 0.96%, 11/25/2030 (Callable 09/25/2030) <sup>(g)(h)</sup> | 1820527 |  | 65819 |
| &nbsp;&nbsp; Series KG04, Class X1, 0.93%, 11/25/2030 (Callable 08/25/2030) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series KG04, Class X1, 0.93%, 11/25/2030 (Callable 08/25/2030) <sup>(g)(h)</sup> | 1877876 |  | 64912 |
| Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association | Federal National Mortgage Association |
| &nbsp;&nbsp; Pool CB7984, 5.50%, 02/01/2054 | &nbsp;&nbsp; Pool CB7984, 5.50%, 02/01/2054 | 156615 |  | 158420 |
| &nbsp;&nbsp; Pool CB8140, 5.50%, 03/01/2054 | &nbsp;&nbsp; Pool CB8140, 5.50%, 03/01/2054 | 238409 |  | 242721 |
| &nbsp;&nbsp; Pool CB8331, 5.50%, 04/01/2054 | &nbsp;&nbsp; Pool CB8331, 5.50%, 04/01/2054 | 432941 |  | 437931 |
| &nbsp;&nbsp; Pool CB9324, 5.50%, 10/01/2054 | &nbsp;&nbsp; Pool CB9324, 5.50%, 10/01/2054 | 307833 |  | 313305 |
| &nbsp;&nbsp; Pool CB9326, 5.50%, 10/01/2054 | &nbsp;&nbsp; Pool CB9326, 5.50%, 10/01/2054 | 167305 |  | 169861 |
| &nbsp;&nbsp; Pool CB9484, 5.50%, 11/01/2054 | &nbsp;&nbsp; Pool CB9484, 5.50%, 11/01/2054 | 169272 |  | 172439 |
| &nbsp;&nbsp; Pool CB9672, 5.50%, 12/01/2054 | &nbsp;&nbsp; Pool CB9672, 5.50%, 12/01/2054 | 298862 |  | 306136 |
| &nbsp;&nbsp; Pool CB9734, 5.50%, 01/01/2055 | &nbsp;&nbsp; Pool CB9734, 5.50%, 01/01/2055 | 190307 |  | 192381 |
| &nbsp;&nbsp; Pool CB9793, 5.50%, 01/01/2055 | &nbsp;&nbsp; Pool CB9793, 5.50%, 01/01/2055 | 196933 |  | 201233 |
| &nbsp;&nbsp; Pool CB9794, 5.50%, 01/01/2055 | &nbsp;&nbsp; Pool CB9794, 5.50%, 01/01/2055 | 175972 |  | 179540 |
| &nbsp;&nbsp; Pool CB9812, 6.00%, 01/01/2055 | &nbsp;&nbsp; Pool CB9812, 6.00%, 01/01/2055 | 160193 |  | 165903 |
| &nbsp;&nbsp; Pool FS7738, 6.00%, 03/01/2054 | &nbsp;&nbsp; Pool FS7738, 6.00%, 03/01/2054 | 2746810 |  | 2859529 |
| &nbsp;&nbsp; Pool MA5039, 5.50%, 06/01/2053 | &nbsp;&nbsp; Pool MA5039, 5.50%, 06/01/2053 | 3592 |  | 3636 |
| Ginnie Mae II Pool | Ginnie Mae II Pool | Ginnie Mae II Pool | Ginnie Mae II Pool | Ginnie Mae II Pool |
| &nbsp;&nbsp; Pool MA8200, 4.00%, 08/20/2052 | &nbsp;&nbsp; Pool MA8200, 4.00%, 08/20/2052 | 75017 |  | 71327 |
| &nbsp;&nbsp; Pool MA8201, 4.50%, 08/20/2052 | &nbsp;&nbsp; Pool MA8201, 4.50%, 08/20/2052 | 34771 |  | 33972 |
| &nbsp;&nbsp; Pool MA8346, 4.00%, 10/20/2052 | &nbsp;&nbsp; Pool MA8346, 4.00%, 10/20/2052 | 88564 |  | 84153 |
| &nbsp;&nbsp; Pool MA8426, 4.00%, 11/20/2052 | &nbsp;&nbsp; Pool MA8426, 4.00%, 11/20/2052 | 89373 |  | 84951 |
| &nbsp;&nbsp; Pool MA8489, 4.50%, 12/20/2052 | &nbsp;&nbsp; Pool MA8489, 4.50%, 12/20/2052 | 97330 |  | 95093 |
| Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association | Government National Mortgage Association |
| &nbsp;&nbsp; Series 2022-192, Class IO, 0.67%, 09/16/2064 (Callable 10/16/2048) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2022-192, Class IO, 0.67%, 09/16/2064 (Callable 10/16/2048) <sup>(g)(h)</sup> | 3437924 |  | 194527 |
| &nbsp;&nbsp; Series 2024-15, Class BI, 0.72%, 10/16/2065 (Callable 01/16/2049) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2024-15, Class BI, 0.72%, 10/16/2065 (Callable 01/16/2049) <sup>(g)(h)</sup> | 3424104 |  | 187523 |
| &nbsp;&nbsp; Series 2024-35, Class IB, 0.80%, 07/16/2065 (Callable 01/16/2049) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2024-35, Class IB, 0.80%, 07/16/2065 (Callable 01/16/2049) <sup>(g)(h)</sup> | 3134761 |  | 188165 |
| &nbsp;&nbsp; Series 2024-82, Class AI, 0.74%, 10/16/2065 (Callable 02/16/2049) <sup>(g)(h)</sup> | &nbsp;&nbsp; Series 2024-82, Class AI, 0.74%, 10/16/2065 (Callable 02/16/2049) <sup>(g)(h)</sup> | 1982533 |  | 127152 |
|  Great Wolf Trust, Series 2024-WLF2, Class A, 5.84% (1 mo. Term SOFR + 1.69%), 05/15/2041 <sup>(b)</sup> | Great Wolf Trust, Series 2024-WLF2, Class A, 5.84% (1 mo. Term SOFR + 1.69%), 05/15/2041 <sup>(b)</sup> | 250000 |  | 250469 |
|  GS Mortgage Securities Corp. II, Series 2021-DM, Class D, 6.55% (1 mo. Term SOFR + 2.40%), 11/15/2036, (2.29% Floor) <sup>(b)</sup> | GS Mortgage Securities Corp. II, Series 2021-DM, Class D, 6.55% (1 mo. Term SOFR + 2.40%), 11/15/2036, (2.29% Floor) <sup>(b)</sup> | 100000 |  | 99375 |
|  INTOWN Mortgage Trust, Series 2025-STAY, Class B, 5.90% (1 mo. Term SOFR + 1.75%), 03/15/2042, (1.75% Floor) <sup>(b)</sup> | INTOWN Mortgage Trust, Series 2025-STAY, Class B, 5.90% (1 mo. Term SOFR + 1.75%), 03/15/2042, (1.75% Floor) <sup>(b)</sup> | 115000 |  | 114784 |
|  KREST Commercial Mortgage Securities Trust, Series 2025-AIP4, Class C, 6.00% (1 mo. Term SOFR + 1.85%), 03/15/2042, (1.85% Floor) <sup>(b)</sup> | KREST Commercial Mortgage Securities Trust, Series 2025-AIP4, Class C, 6.00% (1 mo. Term SOFR + 1.85%), 03/15/2042, (1.85% Floor) <sup>(b)</sup> | 300000 |  | 299062 |
|  KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 12/15/2039, (1.54% Floor) <sup>(b)</sup> | KSL Commercial Mortgage Trust, Series 2024-HT2, Class A, 5.69% (1 mo. Term SOFR + 1.54%), 12/15/2039, (1.54% Floor) <sup>(b)</sup> | 274996 |  | 274910 |
|  NYC Commercial Mortgage Trust, Series 2025-3BP, Class A, 5.36% (1 mo. Term SOFR + 1.21%), 02/15/2042, (1.21% Floor) <sup>(b)</sup> | NYC Commercial Mortgage Trust, Series 2025-3BP, Class A, 5.36% (1 mo. Term SOFR + 1.21%), 02/15/2042, (1.21% Floor) <sup>(b)</sup> | 100000 |  | 99406 |
| **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $13,514,873) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $13,514,873) | **TOTAL MORTGAGE-BACKED SECURITIES** (Cost $13,514,873) |  | 13468690 |
| **U.S. TREASURY SECURITIES - 7.1%** | **U.S. TREASURY SECURITIES - 7.1%** | **Par** |  | **Value**  |
| United States Treasury Inflation Indexed Bonds | United States Treasury Inflation Indexed Bonds | United States Treasury Inflation Indexed Bonds | United States Treasury Inflation Indexed Bonds | United States Treasury Inflation Indexed Bonds |
| &nbsp;&nbsp; 0.38%, 07/15/2027 | &nbsp;&nbsp; 0.38%, 07/15/2027 | 184887 |  | 183601 |
| &nbsp;&nbsp; 1.63%, 10/15/2027 | &nbsp;&nbsp; 1.63%, 10/15/2027 | 239919 |  | 243705 |
| &nbsp;&nbsp; 0.50%, 01/15/2028 | &nbsp;&nbsp; 0.50%, 01/15/2028 | 183352 |  | 181161 |
| United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond | United States Treasury Note/Bond |
| &nbsp;&nbsp; 3.50%, 09/30/2027 | &nbsp;&nbsp; 3.50%, 09/30/2027 | 102500 |  | 102288 |
| &nbsp;&nbsp; 3.63%, 09/30/2030 | &nbsp;&nbsp; 3.63%, 09/30/2030 | 537600 |  | 534828 |
| &nbsp;&nbsp; 0.88%, 11/15/2030 | &nbsp;&nbsp; 0.88%, 11/15/2030 | 3000000 |  | 2600859 |
| &nbsp;&nbsp; 2.88%, 05/15/2032 | &nbsp;&nbsp; 2.88%, 05/15/2032 | 25000 |  | 23503 |
| &nbsp;&nbsp; 2.75%, 08/15/2032 | &nbsp;&nbsp; 2.75%, 08/15/2032 | 595000 |  | 553118 |
| &nbsp;&nbsp; 3.88%, 09/30/2032 | &nbsp;&nbsp; 3.88%, 09/30/2032 | 771100 |  | 768570 |
| &nbsp;&nbsp; 3.50%, 02/15/2033 | &nbsp;&nbsp; 3.50%, 02/15/2033 | 625000 |  | 606787 |
| &nbsp;&nbsp; 4.25%, 08/15/2035 | &nbsp;&nbsp; 4.25%, 08/15/2035 | 2242800 |  | 2261110 |
| &nbsp;&nbsp; 1.38%, 11/15/2040 | &nbsp;&nbsp; 1.38%, 11/15/2040 | 5400000 |  | 3519914 |
| &nbsp;&nbsp; 2.38%, 02/15/2042 | &nbsp;&nbsp; 2.38%, 02/15/2042 | 140000 |  | 103666 |
| &nbsp;&nbsp; 2.75%, 11/15/2042 | &nbsp;&nbsp; 2.75%, 11/15/2042 | 90000 |  | 69637 |
| &nbsp;&nbsp; 3.00%, 02/15/2049 | &nbsp;&nbsp; 3.00%, 02/15/2049 | 1155000 |  | 864626 |
| &nbsp;&nbsp; 2.00%, 02/15/2050 | &nbsp;&nbsp; 2.00%, 02/15/2050 | 368000 |  | 219981 |
| &nbsp;&nbsp; 3.63%, 02/15/2053 | &nbsp;&nbsp; 3.63%, 02/15/2053 | 150000 |  | 123979 |
| &nbsp;&nbsp; 4.75%, 05/15/2055 | &nbsp;&nbsp; 4.75%, 05/15/2055 | 250700 |  | 251483 |
| **TOTAL U.S. TREASURY SECURITIES** (Cost $13,468,502) | **TOTAL U.S. TREASURY SECURITIES** (Cost $13,468,502) | **TOTAL U.S. TREASURY SECURITIES** (Cost $13,468,502) |  | 13212816 |
| **ASSET-BACKED SECURITIES - 6.7%** | **ASSET-BACKED SECURITIES - 6.7%** | **Par** |  | **Value**  |
|  ACE Securities Corp., Series 2007-D1, Class A4, 6.93%, 02/25/2038 (Callable 03/25/2036) <sup>(b)(f)</sup> | ACE Securities Corp., Series 2007-D1, Class A4, 6.93%, 02/25/2038 (Callable 03/25/2036) <sup>(b)(f)</sup> | 177536 |  | 157945 |
|  ACREC Trust, Series 2021-FL1, Class C, 6.40% (1 mo. Term SOFR + 2.26%), 10/16/2036, (2.15% Floor) (Callable 10/16/2025) <sup>(b)</sup> | ACREC Trust, Series 2021-FL1, Class C, 6.40% (1 mo. Term SOFR + 2.26%), 10/16/2036, (2.15% Floor) (Callable 10/16/2025) <sup>(b)</sup> | 375000 |  | 375327 |
|  Affirm, Inc., Series 2025-1A, Class D, 5.62%, 02/15/2033 (Callable 02/15/2027) <sup>(b)</sup> | Affirm, Inc., Series 2025-1A, Class D, 5.62%, 02/15/2033 (Callable 02/15/2027) <sup>(b)</sup> | 250000 |  | 251894 |
|  Air Canada, 3.70%, 01/15/2026 <sup>(b)</sup> | Air Canada, 3.70%, 01/15/2026 <sup>(b)</sup> | 314815 |  | 313239 |
|  AMSR Trust, Series 2021-SFR3, Class H, 4.90%, 10/17/2038 <sup>(b)</sup> | AMSR Trust, Series 2021-SFR3, Class H, 4.90%, 10/17/2038 <sup>(b)</sup> | 550000 |  | 542470 |
|  Apollo Aviation Securitization Equity Trust, Series 2024-2A, Class B, 6.61%, 09/16/2049 <sup>(b)</sup> | Apollo Aviation Securitization Equity Trust, Series 2024-2A, Class B, 6.61%, 09/16/2049 <sup>(b)</sup> | 232499 |  | 236727 |
|  Aqua Finance Trust, Series 2021-A, Class A, 1.54%, 07/17/2046 (Callable 01/17/2028) <sup>(b)</sup> | Aqua Finance Trust, Series 2021-A, Class A, 1.54%, 07/17/2046 (Callable 01/17/2028) <sup>(b)</sup> | 34798 |  | 32255 |
| AutoNation Finance Trust | AutoNation Finance Trust | AutoNation Finance Trust | AutoNation Finance Trust | AutoNation Finance Trust |
| &nbsp;&nbsp; Series 2025-1A, Class C, 5.19%, 12/10/2030 (Callable 10/10/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-1A, Class C, 5.19%, 12/10/2030 (Callable 10/10/2028) <sup>(b)</sup> | 45000 |  | 45781 |
| &nbsp;&nbsp; Series 2025-1A, Class D, 5.63%, 09/10/2032 (Callable 10/10/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-1A, Class D, 5.63%, 09/10/2032 (Callable 10/10/2028) <sup>(b)</sup> | 25000 |  | 25435 |
|  Blackbird Capital Aircraft, Series 2021-1A, Class A, 2.44%, 07/15/2046 (Callable 07/15/2028) <sup>(b)</sup> | Blackbird Capital Aircraft, Series 2021-1A, Class A, 2.44%, 07/15/2046 (Callable 07/15/2028) <sup>(b)</sup> | 161849 |  | 152900 |
|  Blue Stream Communications LLC, Series 2024-1A, Class B, 6.04%, 11/20/2054 (Callable 05/20/2028) <sup>(b)</sup> | Blue Stream Communications LLC, Series 2024-1A, Class B, 6.04%, 11/20/2054 (Callable 05/20/2028) <sup>(b)</sup> | 250000 |  | 253028 |
|  Citigroup Mortgage Loan Trust, Inc., Series 2015-RP2, Class B4, 4.25%, 01/25/2053 (Callable 06/25/2030) <sup>(b)</sup> | Citigroup Mortgage Loan Trust, Inc., Series 2015-RP2, Class B4, 4.25%, 01/25/2053 (Callable 06/25/2030) <sup>(b)</sup> | 346515 |  | 341681 |
|  Compass Datacenters LLC, Series 2024-1A, Class B, 7.00%, 02/25/2049 (Callable 02/25/2027) <sup>(b)</sup> | Compass Datacenters LLC, Series 2024-1A, Class B, 7.00%, 02/25/2049 (Callable 02/25/2027) <sup>(b)</sup> | 250000 |  | 256732 |
|  DataBank Issuer, Series 2023-1A, Class A2, 5.12%, 02/25/2053 (Callable 02/25/2026) <sup>(b)</sup> | DataBank Issuer, Series 2023-1A, Class A2, 5.12%, 02/25/2053 (Callable 02/25/2026) <sup>(b)</sup> | 355000 |  | 354145 |
|  DB Master Finance Parent LLC, Series 2019-1A, Class A2II, 4.02%, 05/20/2049 (Callable 11/20/2025) <sup>(b)</sup> | DB Master Finance Parent LLC, Series 2019-1A, Class A2II, 4.02%, 05/20/2049 (Callable 11/20/2025) <sup>(b)</sup> | 84600 |  | 85534 |
|  DigitalBridge Group, Inc., Series 2023-1A, Class B, 5.75%, 09/15/2048 (Callable 09/15/2026) <sup>(b)</sup> | DigitalBridge Group, Inc., Series 2023-1A, Class B, 5.75%, 09/15/2048 (Callable 09/15/2026) <sup>(b)</sup> | 100000 |  | 98272 |
|  Domino's SPV Guarantor LLC, Series 2025-1A, Class A2II, 5.22%, 07/25/2055 (Callable 07/25/2029) <sup>(b)</sup> | Domino's SPV Guarantor LLC, Series 2025-1A, Class A2II, 5.22%, 07/25/2055 (Callable 07/25/2029) <sup>(b)</sup> | 50000 |  | 50310 |
|  Exeter Automobile Receivables Trust, Series 2024-1A, Class B, 5.29%, 08/15/2028 (Callable 08/15/2028) | Exeter Automobile Receivables Trust, Series 2024-1A, Class B, 5.29%, 08/15/2028 (Callable 08/15/2028) | 85082 |  | 85288 |
|  First Franklin Mortgage Loan Asset Backed Certificates, Series 2004-FF10, Class M1, 5.55% (1 mo. Term SOFR + 1.39%), 07/25/2034, (1.28% Floor) (Callable 10/25/2025) | First Franklin Mortgage Loan Asset Backed Certificates, Series 2004-FF10, Class M1, 5.55% (1 mo. Term SOFR + 1.39%), 07/25/2034, (1.28% Floor) (Callable 10/25/2025) | 21136 |  | 21012 |
|  Helios Issuer LLC, Series 2020-2A, Class A, 2.73%, 11/01/2055 (Callable 10/30/2030) <sup>(b)</sup> | Helios Issuer LLC, Series 2020-2A, Class A, 2.73%, 11/01/2055 (Callable 10/30/2030) <sup>(b)</sup> | 431186 |  | 363209 |
|  Home Partners of America Trust, Series 2019-1, Class B, 3.16%, 09/17/2039 (Callable 10/17/2025) <sup>(b)</sup> | Home Partners of America Trust, Series 2019-1, Class B, 3.16%, 09/17/2039 (Callable 10/17/2025) <sup>(b)</sup> | 76218 |  | 74243 |
|  Horizon Aircraft Finance Ltd., Series 2024-1, Class A, 5.38%, 09/15/2049 <sup>(b)</sup> | Horizon Aircraft Finance Ltd., Series 2024-1, Class A, 5.38%, 09/15/2049 <sup>(b)</sup> | 266000 |  | 268583 |
|  Jersey Mike's Funding, Series 2024-1A, Class A2, 5.64%, 02/15/2055 (Callable 02/15/2029) <sup>(b)</sup> | Jersey Mike's Funding, Series 2024-1A, Class A2, 5.64%, 02/15/2055 (Callable 02/15/2029) <sup>(b)</sup> | 208950 |  | 213166 |
| KREF | KREF | KREF | KREF | KREF |
| &nbsp;&nbsp; Series 2021-FL2, Class B, 5.91% (1 mo. Term SOFR + 1.76%), 02/15/2039, (1.65% Floor) (Callable 10/15/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-FL2, Class B, 5.91% (1 mo. Term SOFR + 1.76%), 02/15/2039, (1.65% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 99137 |
| &nbsp;&nbsp; Series 2022-FL3, Class A, 5.58% (1 mo. Term SOFR + 1.45%), 02/17/2039, (1.45% Floor) (Callable 10/17/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-FL3, Class A, 5.58% (1 mo. Term SOFR + 1.45%), 02/17/2039, (1.45% Floor) (Callable 10/17/2025) <sup>(b)</sup> | 55789 |  | 55755 |
|  Lendbuzz Securitization Trust, Series 2024-3A, Class A2, 4.97%, 10/15/2029 (Callable 04/15/2028) <sup>(b)</sup> | Lendbuzz Securitization Trust, Series 2024-3A, Class A2, 4.97%, 10/15/2029 (Callable 04/15/2028) <sup>(b)</sup> | 107878 |  | 108226 |
|  Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A, 2.64%, 10/15/2046 <sup>(b)</sup> | Lunar Structured Aircraft Portfolio Notes, Series 2021-1, Class A, 2.64%, 10/15/2046 <sup>(b)</sup> | 167847 |  | 158547 |
|  Metronet Systems Holdings LLC, Series 2025-2A, Class B, 5.59%, 08/20/2055 (Callable 08/20/2028) <sup>(b)</sup> | Metronet Systems Holdings LLC, Series 2025-2A, Class B, 5.59%, 08/20/2055 (Callable 08/20/2028) <sup>(b)</sup> | 135000 |  | 135910 |
|  Mill City Solar Loan, Series 2019-2GS, Class A, 3.69%, 07/20/2043 (Callable 11/20/2034) <sup>(b)</sup> | Mill City Solar Loan, Series 2019-2GS, Class A, 3.69%, 07/20/2043 (Callable 11/20/2034) <sup>(b)</sup> | 56546 |  | 51685 |
| Mosaic Solar Loans LLC | Mosaic Solar Loans LLC | Mosaic Solar Loans LLC | Mosaic Solar Loans LLC | Mosaic Solar Loans LLC |
| &nbsp;&nbsp; Series 2017-2A, Class A, 3.82%, 06/22/2043 (Callable 07/20/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2017-2A, Class A, 3.82%, 06/22/2043 (Callable 07/20/2029) <sup>(b)</sup> | 185589 |  | 175080 |
| &nbsp;&nbsp; Series 2018-1A, Class A, 4.01%, 06/22/2043 (Callable 05/20/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2018-1A, Class A, 4.01%, 06/22/2043 (Callable 05/20/2030) <sup>(b)</sup> | 115691 |  | 109119 |
| &nbsp;&nbsp; Series 2018-2GS, Class A, 4.20%, 02/22/2044 (Callable 06/20/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2018-2GS, Class A, 4.20%, 02/22/2044 (Callable 06/20/2030) <sup>(b)</sup> | 127294 |  | 119719 |
| &nbsp;&nbsp; Series 2018-2GS, Class B, 4.74%, 02/22/2044 (Callable 06/20/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2018-2GS, Class B, 4.74%, 02/22/2044 (Callable 06/20/2030) <sup>(b)</sup> | 79858 |  | 72289 |
| Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust | Navient Student Loan Trust |
| &nbsp;&nbsp; Series 2019-GA, Class A, 2.40%, 10/15/2068 (Callable 06/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-GA, Class A, 2.40%, 10/15/2068 (Callable 06/15/2027) <sup>(b)</sup> | 28958 |  | 28074 |
| &nbsp;&nbsp; Series 2020-BA, Class A2, 2.12%, 01/15/2069 (Callable 10/15/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2020-BA, Class A2, 2.12%, 01/15/2069 (Callable 10/15/2027) <sup>(b)</sup> | 66331 |  | 63514 |
| &nbsp;&nbsp; Series 2020-HA, Class A, 1.31%, 01/15/2069 (Callable 03/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2020-HA, Class A, 1.31%, 01/15/2069 (Callable 03/15/2028) <sup>(b)</sup> | 38862 |  | 36757 |
| &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 (Callable 01/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-A, Class A, 0.84%, 05/15/2069 (Callable 01/15/2029) <sup>(b)</sup> | 36797 |  | 33775 |
| &nbsp;&nbsp; Series 2021-BA, Class A, 0.94%, 07/15/2069 (Callable 09/15/2029) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-BA, Class A, 0.94%, 07/15/2069 (Callable 09/15/2029) <sup>(b)</sup> | 32807 |  | 29988 |
| &nbsp;&nbsp; Series 2021-FA, Class A, 1.11%, 02/18/2070 (Callable 12/15/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-FA, Class A, 1.11%, 02/18/2070 (Callable 12/15/2030) <sup>(b)</sup> | 313812 |  | 280679 |
|  Navigator Aircraft ABS Ltd., Series 2024-1, Class A, 5.40%, 08/15/2049 <sup>(b)</sup> | Navigator Aircraft ABS Ltd., Series 2024-1, Class A, 5.40%, 08/15/2049 <sup>(b)</sup> | 230655 |  | 230817 |
|  Neighborly Issuer, Series 2021-1A, Class A2, 3.58%, 04/30/2051 (Callable 10/30/2026) <sup>(b)</sup> | Neighborly Issuer, Series 2021-1A, Class A2, 3.58%, 04/30/2051 (Callable 10/30/2026) <sup>(b)</sup> | 239375 |  | 224045 |
|  OCCU Auto Receivables Trust, Series 2022-1A, Class A3, 5.50%, 10/15/2027 (Callable 07/15/2027) <sup>(b)</sup> | OCCU Auto Receivables Trust, Series 2022-1A, Class A3, 5.50%, 10/15/2027 (Callable 07/15/2027) <sup>(b)</sup> | 21791 |  | 21818 |
|  Pagaya AI Debt Selection Trust, Series 2024-11, Class D, 6.31%, 07/15/2032 (Callable 12/15/2026) <sup>(b)</sup> | Pagaya AI Debt Selection Trust, Series 2024-11, Class D, 6.31%, 07/15/2032 (Callable 12/15/2026) <sup>(b)</sup> | 249971 |  | 251085 |
|  PennyMac Mortgage Investment Trust, Series 2017-PM1, Class XIO, 0.00%, 10/25/2048 <sup>(b)(d)(h)</sup> | PennyMac Mortgage Investment Trust, Series 2017-PM1, Class XIO, 0.00%, 10/25/2048 <sup>(b)(d)(h)</sup> | 124273280 |  | 658064 |
| Progress Residential Trust | Progress Residential Trust | Progress Residential Trust | Progress Residential Trust | Progress Residential Trust |
| &nbsp;&nbsp; Series 2021-SFR3, Class G, 4.25%, 05/17/2026 <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-SFR3, Class G, 4.25%, 05/17/2026 <sup>(b)</sup> | 1100000 |  | 1093205 |
| &nbsp;&nbsp; Series 2021-SFR6, Class G, 4.00%, 07/17/2038 (Callable 07/17/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-SFR6, Class G, 4.00%, 07/17/2038 (Callable 07/17/2026) <sup>(b)</sup> | 700000 |  | 694071 |
|  QTS Issuer ABS I LLC, Series 2025-1A, Class B, 5.93%, 05/25/2055 (Callable 05/25/2028) <sup>(b)</sup> | QTS Issuer ABS I LLC, Series 2025-1A, Class B, 5.93%, 05/25/2055 (Callable 05/25/2028) <sup>(b)</sup> | 250000 |  | 253281 |
|  Ready Capital Corp., Series 2023-FL11, Class B, 7.69% (1 mo. Term SOFR + 3.53%), 10/25/2039, (3.53% Floor) (Callable 10/25/2025) <sup>(b)</sup> | Ready Capital Corp., Series 2023-FL11, Class B, 7.69% (1 mo. Term SOFR + 3.53%), 10/25/2039, (3.53% Floor) (Callable 10/25/2025) <sup>(b)</sup> | 100000 |  | 99941 |
|  Renaissance Home Equity Loan Trust, Series 2004-4, Class MF2, 5.82%, 02/25/2035 (Callable 10/25/2025) <sup>(f)</sup> | Renaissance Home Equity Loan Trust, Series 2004-4, Class MF2, 5.82%, 02/25/2035 (Callable 10/25/2025) <sup>(f)</sup> | 229997 |  | 204214 |
|  Santander Consumer USA Holdings, Inc., Series 2022-3, Class C, 4.49%, 08/15/2029 (Callable 07/15/2026) | Santander Consumer USA Holdings, Inc., Series 2022-3, Class C, 4.49%, 08/15/2029 (Callable 07/15/2026) | 173809 |  | 173987 |
|  SBA Depositor LLC, Series 2022-1, 6.60%, 01/15/2028 (Callable 01/15/2027) <sup>(b)</sup> | SBA Depositor LLC, Series 2022-1, 6.60%, 01/15/2028 (Callable 01/15/2027) <sup>(b)</sup> | 145000 |  | 148490 |
|  SERVPRO Master Issuer LLC, Series 2024-1A, Class A2, 6.17%, 01/25/2054 (Callable 01/25/2029) <sup>(b)</sup> | SERVPRO Master Issuer LLC, Series 2024-1A, Class A2, 6.17%, 01/25/2054 (Callable 01/25/2029) <sup>(b)</sup> | 98500 |  | 102001 |
|  Slam Ltd., Series 2024-1A, Class A, 5.34%, 09/15/2049 <sup>(b)</sup> | Slam Ltd., Series 2024-1A, Class A, 5.34%, 09/15/2049 <sup>(b)</sup> | 112409 |  | 113124 |
|  SMB Private Education Loan Trust, Series 2024-F, Class A1A, 5.06%, 03/16/2054 (Callable 09/15/2035) <sup>(b)</sup> | SMB Private Education Loan Trust, Series 2024-F, Class A1A, 5.06%, 03/16/2054 (Callable 09/15/2035) <sup>(b)</sup> | 87932 |  | 88743 |
| SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC | SoFi Professional Loan Program LLC |
| &nbsp;&nbsp; Series 2018-C, Class R1, 0.00%, 01/25/2048 (Callable 08/25/2026) <sup>(b)(d)</sup> | &nbsp;&nbsp; Series 2018-C, Class R1, 0.00%, 01/25/2048 (Callable 08/25/2026) <sup>(b)(d)</sup> | 10000 |  | 74115 |
| &nbsp;&nbsp; Series 2020-C, Class AFX, 1.95%, 02/15/2046 (Callable 10/15/2028) <sup>(b)</sup> | &nbsp;&nbsp; Series 2020-C, Class AFX, 1.95%, 02/15/2046 (Callable 10/15/2028) <sup>(b)</sup> | 53789 |  | 49946 |
| &nbsp;&nbsp; Series 2021-B, Class R1, 0.00%, 02/15/2047 (Callable 03/15/2030) <sup>(b)(d)</sup> | &nbsp;&nbsp; Series 2021-B, Class R1, 0.00%, 02/15/2047 (Callable 03/15/2030) <sup>(b)(d)</sup> | 10000 |  | 261794 |
|  Structured Asset Securities Corp., Series 2006-BC3, Class A3, 4.59% (1 mo. Term SOFR + 0.43%), 10/25/2036, (0.32% Floor) (Callable 10/25/2025) | Structured Asset Securities Corp., Series 2006-BC3, Class A3, 4.59% (1 mo. Term SOFR + 0.43%), 10/25/2036, (0.32% Floor) (Callable 10/25/2025) | 374917 |  | 315127 |
|  Sunnova Energy International, Inc., Series 2023-A, Class A, 5.30%, 05/20/2050 (Callable 05/20/2028) <sup>(b)</sup> | Sunnova Energy International, Inc., Series 2023-A, Class A, 5.30%, 05/20/2050 (Callable 05/20/2028) <sup>(b)</sup> | 87310 |  | 80177 |
| Sunrun, Inc. | Sunrun, Inc. | Sunrun, Inc. | Sunrun, Inc. | Sunrun, Inc. |
| &nbsp;&nbsp; Series 2019-1A, Class A, 3.98%, 06/30/2054 (Callable 09/30/2030) <sup>(b)</sup> | &nbsp;&nbsp; Series 2019-1A, Class A, 3.98%, 06/30/2054 (Callable 09/30/2030) <sup>(b)</sup> | 79421 |  | 75254 |
| &nbsp;&nbsp; Series 2025-1A, Class A2A, 6.41%, 04/30/2060 <sup>(b)</sup> | &nbsp;&nbsp; Series 2025-1A, Class A2A, 6.41%, 04/30/2060 <sup>(b)</sup> | 99756 |  | 99887 |
|  Taco Bell Corp., Series 2025-1A, Class A2II, 5.05%, 08/25/2055 <sup>(b)</sup> | Taco Bell Corp., Series 2025-1A, Class A2II, 5.05%, 08/25/2055 <sup>(b)</sup> | 145000 |  | 146226 |
|  Walker Parent, Inc., Series 2024-1A, Class A2, 6.58%, 11/20/2054 (Callable 11/20/2027) <sup>(b)</sup> | Walker Parent, Inc., Series 2024-1A, Class A2, 6.58%, 11/20/2054 (Callable 11/20/2027) <sup>(b)</sup> | 175000 |  | 177731 |
|  Wendy's SPV Guarantor LLC, Series 2019-1A, Class A2I, 3.78%, 06/15/2049 (Callable 12/15/2025) <sup>(b)</sup> | Wendy's SPV Guarantor LLC, Series 2019-1A, Class A2I, 3.78%, 06/15/2049 (Callable 12/15/2025) <sup>(b)</sup> | 88237 |  | 87538 |
|  Wingstop, Inc., Series 2020-1A, Class A2, 2.84%, 12/05/2050 (Callable 12/05/2025) <sup>(b)</sup> | Wingstop, Inc., Series 2020-1A, Class A2, 2.84%, 12/05/2050 (Callable 12/05/2025) <sup>(b)</sup> | 246250 |  | 238000 |
|  Zaxby's Operating Co. LP, Series 2021-1A, Class A2, 3.24%, 07/30/2051 (Callable 10/30/2025) <sup>(b)</sup> | Zaxby's Operating Co. LP, Series 2021-1A, Class A2, 3.24%, 07/30/2051 (Callable 10/30/2025) <sup>(b)</sup> | 144000 |  | 136344 |
|  Zayo Group LLC, Series 2025-1A, Class A2, 5.65%, 03/20/2055 (Callable 09/20/2028) <sup>(b)</sup> | Zayo Group LLC, Series 2025-1A, Class A2, 5.65%, 03/20/2055 (Callable 09/20/2028) <sup>(b)</sup> | 90000 |  | 91680 |
| **TOTAL ASSET-BACKED SECURITIES** (Cost $12,724,886) | **TOTAL ASSET-BACKED SECURITIES** (Cost $12,724,886) | **TOTAL ASSET-BACKED SECURITIES** (Cost $12,724,886) |  | 12348135 |
| **BANK LOANS - 6.5%** | **BANK LOANS - 6.5%** | **Par** |  | **Value**  |
| **Basic Materials - 0.1%** | **Basic Materials - 0.1%** | **Basic Materials - 0.1%** | **Basic Materials - 0.1%** | **Basic Materials - 0.1%** |
|  Hexion Holdings Corp., Senior Secured First Lien, 8.14% (1 mo. SOFR US + 4.00%), 03/15/2029, (0.50% Floor) (Callable 10/31/2025) | Hexion Holdings Corp., Senior Secured First Lien, 8.14% (1 mo. SOFR US + 4.00%), 03/15/2029, (0.50% Floor) (Callable 10/31/2025) | 29474 |  | 29469 |
|  INEOS US Finance LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 02/07/2031, (0.00% Floor) (Callable 10/31/2025) | INEOS US Finance LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 02/07/2031, (0.00% Floor) (Callable 10/31/2025) | 59476 |  | 53602 |
| INEOS US Petrochem LLC, Senior Secured First Lien | INEOS US Petrochem LLC, Senior Secured First Lien | INEOS US Petrochem LLC, Senior Secured First Lien | INEOS US Petrochem LLC, Senior Secured First Lien | INEOS US Petrochem LLC, Senior Secured First Lien |
| &nbsp;&nbsp; 8.77% (1 mo. SOFR US + 4.25%), 03/29/2029, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.77% (1 mo. SOFR US + 4.25%), 03/29/2029, (0.00% Floor) (Callable 10/31/2025) | 24227 |  | 22006 |
| &nbsp;&nbsp; 8.41% (1 mo. SOFR US + 4.25%), 10/07/2031, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.41% (1 mo. SOFR US + 4.25%), 10/07/2031, (0.00% Floor) (Callable 10/31/2025) | 29850 |  | 25845 |
|  Qnity Electronics, Inc., 6.85% (1 mo. Term SOFR + 2.00%), 08/12/2032 (Callable 10/31/2025) | Qnity Electronics, Inc., 6.85% (1 mo. Term SOFR + 2.00%), 08/12/2032 (Callable 10/31/2025) | 85000 |  | 85106 |
|  |  |  |  | 216028 |
| **Communications - 0.4%** | **Communications - 0.4%** | **Communications - 0.4%** | **Communications - 0.4%** | **Communications - 0.4%** |
|  Acuris Finance US, Inc., Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 02/16/2028, (0.00% Floor) (Callable 10/31/2025) | Acuris Finance US, Inc., Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 02/16/2028, (0.00% Floor) (Callable 10/31/2025) | 39958 |  | 40020 |
|  Altice France SA, Senior Secured First Lien, 9.82% (3 mo. SOFR US + 5.50%), 08/31/2028, (0.00% Floor) (Callable 10/31/2025) | Altice France SA, Senior Secured First Lien, 9.82% (3 mo. SOFR US + 5.50%), 08/31/2028, (0.00% Floor) (Callable 10/31/2025) | 79537 |  | 77151 |
| Cengage Learning, Inc., Senior Secured First Lien | Cengage Learning, Inc., Senior Secured First Lien | Cengage Learning, Inc., Senior Secured First Lien | Cengage Learning, Inc., Senior Secured First Lien | Cengage Learning, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 7.67% (1 mo. SOFR US + 3.50%), 03/24/2031, (1.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.67% (1 mo. SOFR US + 3.50%), 03/24/2031, (1.00% Floor) (Callable 10/31/2025) | 9119 |  | 9106 |
| &nbsp;&nbsp; 7.70% (3 mo. SOFR US + 3.50%), 03/24/2031, (1.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.70% (3 mo. SOFR US + 3.50%), 03/24/2031, (1.00% Floor) (Callable 10/31/2025) | 15570 |  | 15549 |
|  CommScope LLC, Senior Secured First Lien, 8.91% (1 mo. SOFR US + 4.75%), 12/17/2029, (2.00% Floor) (Callable 06/17/2026) | CommScope LLC, Senior Secured First Lien, 8.91% (1 mo. SOFR US + 4.75%), 12/17/2029, (2.00% Floor) (Callable 06/17/2026) | 112700 |  | 114224 |
| CSC Holdings LLC, Senior Secured First Lien | CSC Holdings LLC, Senior Secured First Lien | CSC Holdings LLC, Senior Secured First Lien | CSC Holdings LLC, Senior Secured First Lien | CSC Holdings LLC, Senior Secured First Lien |
| &nbsp;&nbsp; 8.75% (Prime Rate + 1.50%), 04/15/2027, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.75% (Prime Rate + 1.50%), 04/15/2027, (0.00% Floor) (Callable 10/31/2025) | 23077 |  | 22385 |
| &nbsp;&nbsp; 8.65% (1 mo. SOFR US + 4.50%), 01/18/2028, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.65% (1 mo. SOFR US + 4.50%), 01/18/2028, (0.00% Floor) (Callable 10/31/2025) | 49974 |  | 49777 |
|  Directv Financing LLC, Senior Secured First Lien, 9.83% (3 mo. SOFR US + 5.00%), 08/02/2027, (0.75% Floor) (Callable 10/31/2025) | Directv Financing LLC, Senior Secured First Lien, 9.83% (3 mo. SOFR US + 5.00%), 08/02/2027, (0.75% Floor) (Callable 10/31/2025) | 1530 |  | 1533 |
|  Gen Digital, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 04/16/2032, (0.00% Floor) (Callable 10/31/2025) | Gen Digital, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 04/16/2032, (0.00% Floor) (Callable 10/31/2025) | 54863 |  | 54698 |
|  Lumen Technologies, Inc., Senior Secured First Lien, 6.74% (1 mo. SOFR US + 2.35%), 04/16/2029, (2.00% Floor) | Lumen Technologies, Inc., Senior Secured First Lien, 6.74% (1 mo. SOFR US + 2.35%), 04/16/2029, (2.00% Floor) | 13174 |  | 13110 |
|  MH Sub I LLC, Senior Secured First Lien, 8.41% (1 mo. SOFR US + 4.25%), 12/31/2031, (0.50% Floor) (Callable 10/31/2025) | MH Sub I LLC, Senior Secured First Lien, 8.41% (1 mo. SOFR US + 4.25%), 12/31/2031, (0.50% Floor) (Callable 10/31/2025) | 62482 |  | 57639 |
|  NEP Group, Inc., Senior Secured First Lien, 7.82% (3 mo. SOFR US + 3.25%), 08/19/2026, (0.00% Floor) | NEP Group, Inc., Senior Secured First Lien, 7.82% (3 mo. SOFR US + 3.25%), 08/19/2026, (0.00% Floor) | 65301 |  | 65111 |
|  Nexstar Media, Inc., First Lien, 6.82% (1 mo. Term SOFR + 2.50%), 06/28/2032 (Callable 10/31/2025) | Nexstar Media, Inc., First Lien, 6.82% (1 mo. Term SOFR + 2.50%), 06/28/2032 (Callable 10/31/2025) | 44888 |  | 44883 |
|  StubHub Holdco Sub LLC, Senior Secured First Lien, 8.91% (1 mo. SOFR US + 4.75%), 03/15/2030, (0.00% Floor) (Callable 10/31/2025) | StubHub Holdco Sub LLC, Senior Secured First Lien, 8.91% (1 mo. SOFR US + 4.75%), 03/15/2030, (0.00% Floor) (Callable 10/31/2025) | 41828 |  | 41566 |
|  Virgin Media Bristol LLC, Senior Secured First Lien, 7.47% (6 mo. SOFR US + 3.18%), 03/31/2031, (0.00% Floor) (Callable 10/31/2025) | Virgin Media Bristol LLC, Senior Secured First Lien, 7.47% (6 mo. SOFR US + 3.18%), 03/31/2031, (0.00% Floor) (Callable 10/31/2025) | 45000 |  | 44438 |
| Zayo Group Holdings, Inc., Senior Secured First Lien | Zayo Group Holdings, Inc., Senior Secured First Lien | Zayo Group Holdings, Inc., Senior Secured First Lien | Zayo Group Holdings, Inc., Senior Secured First Lien | Zayo Group Holdings, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 7.54% (1 mo. SOFR US + 3.00%), 03/09/2027, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.54% (1 mo. SOFR US + 3.00%), 03/09/2027, (0.00% Floor) (Callable 10/31/2025) | 14638 |  | 14470 |
| &nbsp;&nbsp; 8.49% (1 mo. SOFR US + 4.18%), 03/09/2027, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.49% (1 mo. SOFR US + 4.18%), 03/09/2027, (0.50% Floor) (Callable 10/31/2025) | 36557 |  | 36678 |
|  Ziggo Financing Partnership, First Lien, 6.98% (1 mo. Term SOFR + 2.50%), 04/28/2028 (Callable 10/31/2025) | Ziggo Financing Partnership, First Lien, 6.98% (1 mo. Term SOFR + 2.50%), 04/28/2028 (Callable 10/31/2025) | 87214 |  | 87090 |
|  |  |  |  | 789428 |
| **Consumer, Cyclical - 2.2%** | **Consumer, Cyclical - 2.2%** | **Consumer, Cyclical - 2.2%** | **Consumer, Cyclical - 2.2%** | **Consumer, Cyclical - 2.2%** |
|  1011778 BC ULC, Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 09/23/2030, (0.00% Floor) (Callable 10/31/2025) | 1011778 BC ULC, Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 09/23/2030, (0.00% Floor) (Callable 10/31/2025) | 730553 |  | 729030 |
| AAdvantage Loyalty IP Ltd., Senior Secured First Lien | AAdvantage Loyalty IP Ltd., Senior Secured First Lien | AAdvantage Loyalty IP Ltd., Senior Secured First Lien | AAdvantage Loyalty IP Ltd., Senior Secured First Lien | AAdvantage Loyalty IP Ltd., Senior Secured First Lien |
| &nbsp;&nbsp; 6.58% (3 mo. SOFR US + 2.25%), 04/20/2028, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.58% (3 mo. SOFR US + 2.25%), 04/20/2028, (0.00% Floor) (Callable 10/31/2025) | 64374 |  | 64352 |
| &nbsp;&nbsp; 7.58% (3 mo. SOFR US + 3.25%), 05/28/2032, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.58% (3 mo. SOFR US + 3.25%), 05/28/2032, (0.00% Floor) (Callable 10/31/2025) | 194513 |  | 195607 |
|  American Axle Incr T/L C (2/25), 7.57%, 09/20/2032 | American Axle Incr T/L C (2/25), 7.57%, 09/20/2032 | 35000 |  | 34869 |
| Aramark Services, Inc., Senior Secured First Lien | Aramark Services, Inc., Senior Secured First Lien | Aramark Services, Inc., Senior Secured First Lien | Aramark Services, Inc., Senior Secured First Lien | Aramark Services, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 5.91% (1 mo. SOFR US + 1.75%), 04/06/2028, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 5.91% (1 mo. SOFR US + 1.75%), 04/06/2028, (0.00% Floor) (Callable 10/31/2025) | 30000 |  | 30075 |
| &nbsp;&nbsp; 6.16% (1 mo. SOFR US + 2.00%), 06/24/2030, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.16% (1 mo. SOFR US + 2.00%), 06/24/2030, (0.00% Floor) (Callable 10/31/2025) | 94985 |  | 95321 |
| &nbsp;&nbsp; 6.20% (3 mo. SOFR US + 2.00%), 06/24/2030, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.20% (3 mo. SOFR US + 2.00%), 06/24/2030, (0.00% Floor) (Callable 10/31/2025) | 36666 |  | 36795 |
|  AS Mileage Plan IP Ltd., Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 10/15/2031, (0.00% Floor) (Callable 10/31/2025) | AS Mileage Plan IP Ltd., Senior Secured First Lien, 6.08% (1 mo. SOFR US + 1.75%), 10/15/2031, (0.00% Floor) (Callable 10/31/2025) | 94225 |  | 94618 |
|  Boots Group Finco LP, Senior Secured First Lien, 7.70% (3 mo. SOFR US + 3.50%), 08/30/2032, (0.00% Floor) (Callable 10/31/2025) | Boots Group Finco LP, Senior Secured First Lien, 7.70% (3 mo. SOFR US + 3.50%), 08/30/2032, (0.00% Floor) (Callable 10/31/2025) | 35000 |  | 35138 |
|  Clarios Global LP, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 01/28/2032, (0.00% Floor) (Callable 10/31/2025) | Clarios Global LP, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 01/28/2032, (0.00% Floor) (Callable 10/31/2025) | 350000 |  | 350656 |
|  Crown Finance US, Inc., Senior Secured First Lien, 8.78% (1 mo. SOFR US + 4.50%), 12/02/2031, (0.00% Floor) (Callable 10/31/2025) | Crown Finance US, Inc., Senior Secured First Lien, 8.78% (1 mo. SOFR US + 4.50%), 12/02/2031, (0.00% Floor) (Callable 10/31/2025) | 34800 |  | 34772 |
|  Delta 2 Lux Sarl, First Lien, 7.20% (3 mo. Term SOFR + 2.00%), 09/19/2031 (Callable 10/31/2025) | Delta 2 Lux Sarl, First Lien, 7.20% (3 mo. Term SOFR + 2.00%), 09/19/2031 (Callable 10/31/2025) | 43000 |  | 43088 |
|  Delta 2 Lux Sarl, Senior Secured First Lien, 6.30% (3 mo. SOFR US + 2.00%), 09/19/2031, (0.50% Floor) (Callable 10/31/2025) | Delta 2 Lux Sarl, Senior Secured First Lien, 6.30% (3 mo. SOFR US + 2.00%), 09/19/2031, (0.50% Floor) (Callable 10/31/2025) | 85000 |  | 85173 |
|  Dexko Global, Inc., Senior Secured First Lien, 8.44% (1 mo. SOFR US + 3.75%), 10/04/2028, (0.50% Floor) (Callable 10/31/2025) | Dexko Global, Inc., Senior Secured First Lien, 8.44% (1 mo. SOFR US + 3.75%), 10/04/2028, (0.50% Floor) (Callable 10/31/2025) | 32833 |  | 32426 |
|  EG America LLC, Senior Secured First Lien, 7.70% (3 mo. SOFR US + 3.50%), 02/07/2028, (0.00% Floor) (Callable 10/31/2025) | EG America LLC, Senior Secured First Lien, 7.70% (3 mo. SOFR US + 3.50%), 02/07/2028, (0.00% Floor) (Callable 10/31/2025) | 25937 |  | 26120 |
|  Fertitta Entertainment LLC/NV, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/29/2029, (0.50% Floor) (Callable 10/31/2025) | Fertitta Entertainment LLC/NV, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/29/2029, (0.50% Floor) (Callable 10/31/2025) | 66038 |  | 66017 |
|  Flutter Financing BV, Senior Secured First Lien, 6.00% (3 mo. SOFR US + 2.00%), 06/04/2032, (0.50% Floor) (Callable 10/31/2025) | Flutter Financing BV, Senior Secured First Lien, 6.00% (3 mo. SOFR US + 2.00%), 06/04/2032, (0.50% Floor) (Callable 10/31/2025) | 14963 |  | 14970 |
|  GBT US III LLC, Senior Secured First Lien, 6.81% (3 mo. SOFR US + 2.50%), 07/28/2031, (0.00% Floor) (Callable 10/31/2025) | GBT US III LLC, Senior Secured First Lien, 6.81% (3 mo. SOFR US + 2.50%), 07/28/2031, (0.00% Floor) (Callable 10/31/2025) | 24813 |  | 24896 |
|  Gloves Buyer, Inc., Senior Secured First Lien, 8.16% (1 mo. SOFR US + 4.00%), 05/24/2032, (0.50% Floor) (Callable 10/31/2025) | Gloves Buyer, Inc., Senior Secured First Lien, 8.16% (1 mo. SOFR US + 4.00%), 05/24/2032, (0.50% Floor) (Callable 10/31/2025) | 165000 |  | 160669 |
|  Golden State Foods LLC, Senior Secured First Lien, 8.00% (3 mo. SOFR US + 4.00%), 12/04/2031, (0.00% Floor) (Callable 10/31/2025) | Golden State Foods LLC, Senior Secured First Lien, 8.00% (3 mo. SOFR US + 4.00%), 12/04/2031, (0.00% Floor) (Callable 10/31/2025) | 24788 |  | 24880 |
|  Great Outdoors Group LLC, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/23/2032, (0.75% Floor) (Callable 10/31/2025) | Great Outdoors Group LLC, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/23/2032, (0.75% Floor) (Callable 10/31/2025) | 425639 |  | 425958 |
|  Hilton Domestic Operating Co., Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 11/08/2030, (0.00% Floor) (Callable 10/31/2025) | Hilton Domestic Operating Co., Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 11/08/2030, (0.00% Floor) (Callable 10/31/2025) | 140000 |  | 140298 |
|  Hunter Douglas, Inc., Senior Secured First Lien, 7.25% (3 mo. SOFR US + 3.25%), 01/20/2032, (0.00% Floor) (Callable 10/31/2025) | Hunter Douglas, Inc., Senior Secured First Lien, 7.25% (3 mo. SOFR US + 3.25%), 01/20/2032, (0.00% Floor) (Callable 10/31/2025) | 43712 |  | 43825 |
|  JetBlue Airways Corp., Senior Secured First Lien, 8.75% (3 mo. SOFR US + 4.75%), 08/27/2029, (0.50% Floor) | JetBlue Airways Corp., Senior Secured First Lien, 8.75% (3 mo. SOFR US + 4.75%), 08/27/2029, (0.50% Floor) | 203940 |  | 196241 |
|  KFC Holding Co., Senior Secured First Lien, 6.11% (1 mo. SOFR US + 1.75%), 03/15/2028, (0.00% Floor) (Callable 10/31/2025) | KFC Holding Co., Senior Secured First Lien, 6.11% (1 mo. SOFR US + 1.75%), 03/15/2028, (0.00% Floor) (Callable 10/31/2025) | 118602 |  | 119195 |
|  LBM Acquisition LLC, Senior Secured First Lien, 8.09% (1 mo. SOFR US + 3.75%), 06/06/2031, (0.75% Floor) (Callable 10/31/2025) | LBM Acquisition LLC, Senior Secured First Lien, 8.09% (1 mo. SOFR US + 3.75%), 06/06/2031, (0.75% Floor) (Callable 10/31/2025) | 70832 |  | 69258 |
|  LC Ahab US Bidco LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 05/01/2031, (0.00% Floor) | LC Ahab US Bidco LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 05/01/2031, (0.00% Floor) | 49661 |  | 49708 |
|  Michaels Cos., Inc., Senior Secured First Lien, 8.77% (3 mo. SOFR US + 4.25%), 04/17/2028, (0.75% Floor) (Callable 10/31/2025) | Michaels Cos., Inc., Senior Secured First Lien, 8.77% (3 mo. SOFR US + 4.25%), 04/17/2028, (0.75% Floor) (Callable 10/31/2025) | 14922 |  | 14131 |
|  Ontario Gaming GTA LP, Senior Secured First Lien, 8.24% (3 mo. SOFR US + 4.25%), 08/01/2030, (0.50% Floor) (Callable 10/31/2025) | Ontario Gaming GTA LP, Senior Secured First Lien, 8.24% (3 mo. SOFR US + 4.25%), 08/01/2030, (0.50% Floor) (Callable 10/31/2025) | 30406 |  | 29741 |
|  PetSmart LLC, Senior Secured First Lien, 8.14% (1 mo. SOFR US + 4.00%), 08/18/2032, (0.00% Floor) (Callable 10/31/2025) | PetSmart LLC, Senior Secured First Lien, 8.14% (1 mo. SOFR US + 4.00%), 08/18/2032, (0.00% Floor) (Callable 10/31/2025) | 35000 |  | 34519 |
|  Resideo Funding, Inc., Senior Secured First Lien, 6.04% (3 mo. SOFR US + 2.00%), 08/13/2032, (0.00% Floor) (Callable 10/31/2025) | Resideo Funding, Inc., Senior Secured First Lien, 6.04% (3 mo. SOFR US + 2.00%), 08/13/2032, (0.00% Floor) (Callable 10/31/2025) | 55000 |  | 55086 |
|  Sabre GLBL, Inc., First Lien, 10.42% (1 mo. Term SOFR + 6.00%), 11/15/2029 (Callable 10/31/2025) | Sabre GLBL, Inc., First Lien, 10.42% (1 mo. Term SOFR + 6.00%), 11/15/2029 (Callable 10/31/2025) | 10350 |  | 9793 |
| Sabre GLBL, Inc., Senior Secured First Lien | Sabre GLBL, Inc., Senior Secured First Lien | Sabre GLBL, Inc., Senior Secured First Lien | Sabre GLBL, Inc., Senior Secured First Lien | Sabre GLBL, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 7.89% (1 mo. SOFR US + 3.50%), 12/17/2027, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.89% (1 mo. SOFR US + 3.50%), 12/17/2027, (0.50% Floor) (Callable 10/31/2025) | 7476 |  | 7117 |
| &nbsp;&nbsp; 10.36% (1 mo. SOFR US + 6.00%), 11/15/2029, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 10.36% (1 mo. SOFR US + 6.00%), 11/15/2029, (0.00% Floor) (Callable 10/31/2025) | 7771 |  | 7382 |
|  Staples, Inc., Senior Secured First Lien, 10.05% (3 mo. SOFR US + 5.75%), 09/10/2029, (0.50% Floor) (Callable 10/31/2025) | Staples, Inc., Senior Secured First Lien, 10.05% (3 mo. SOFR US + 5.75%), 09/10/2029, (0.50% Floor) (Callable 10/31/2025) | 14962 |  | 14227 |
|  TKO Worldwide Holdings LLC, Senior Secured First Lien, 6.04% (3 mo. SOFR US + 2.00%), 11/21/2031, (0.00% Floor) (Callable 10/31/2025) | TKO Worldwide Holdings LLC, Senior Secured First Lien, 6.04% (3 mo. SOFR US + 2.00%), 11/21/2031, (0.00% Floor) (Callable 10/31/2025) | 178727 |  | 179199 |
|  Travel + Leisure Co., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 12/14/2029, (0.50% Floor) (Callable 10/31/2025) | Travel + Leisure Co., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 12/14/2029, (0.50% Floor) (Callable 10/31/2025) | 242764 |  | 243630 |
|  United Airlines, Inc., Senior Secured First Lien, 6.20% (3 mo. SOFR US + 2.00%), 02/24/2031, (0.00% Floor) (Callable 10/31/2025) | United Airlines, Inc., Senior Secured First Lien, 6.20% (3 mo. SOFR US + 2.00%), 02/24/2031, (0.00% Floor) (Callable 10/31/2025) | 161596 |  | 162302 |
|  Victra Holdings LLC, Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 03/29/2029, (0.00% Floor) (Callable 10/31/2025) | Victra Holdings LLC, Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 03/29/2029, (0.00% Floor) (Callable 10/31/2025) | 49070 |  | 49232 |
|  Voyager Parent LLC, Senior Secured First Lien, 8.75% (3 mo. SOFR US + 4.75%), 07/01/2032, (0.00% Floor) (Callable 10/31/2025) | Voyager Parent LLC, Senior Secured First Lien, 8.75% (3 mo. SOFR US + 4.75%), 07/01/2032, (0.00% Floor) (Callable 10/31/2025) | 70000 |  | 70228 |
|  White Cap Supply Holdings LLC, Senior Secured First Lien, 7.42% (1 mo. SOFR US + 3.25%), 10/29/2029, (0.00% Floor) (Callable 10/31/2025) | White Cap Supply Holdings LLC, Senior Secured First Lien, 7.42% (1 mo. SOFR US + 3.25%), 10/29/2029, (0.00% Floor) (Callable 10/31/2025) | 69612 |  | 69705 |
|  |  |  |  | 4170247 |
| **Consumer, Non-cyclical - 1.1%** | **Consumer, Non-cyclical - 1.1%** | **Consumer, Non-cyclical - 1.1%** | **Consumer, Non-cyclical - 1.1%** | **Consumer, Non-cyclical - 1.1%** |
|  1261229 BC Ltd., Senior Secured First Lien, 10.41% (1 mo. SOFR US + 6.25%), 10/08/2030, (0.00% Floor) (Callable 10/31/2025) | 1261229 BC Ltd., Senior Secured First Lien, 10.41% (1 mo. SOFR US + 6.25%), 10/08/2030, (0.00% Floor) (Callable 10/31/2025) | 14963 |  | 14780 |
|  ADMI Corp., Senior Secured First Lien, 8.14% (1 mo. SOFR US + 3.75%), 12/23/2027, (0.50% Floor) | ADMI Corp., Senior Secured First Lien, 8.14% (1 mo. SOFR US + 3.75%), 12/23/2027, (0.50% Floor) | 43981 |  | 41771 |
|  Allied Universal Holdco LLC, Senior Secured First Lien, 7.61% (1 mo. SOFR US + 3.25%), 08/20/2032, (0.00% Floor) (Callable 10/31/2025) | Allied Universal Holdco LLC, Senior Secured First Lien, 7.61% (1 mo. SOFR US + 3.25%), 08/20/2032, (0.00% Floor) (Callable 10/31/2025) | 40000 |  | 40196 |
|  Aspire Bakeries Holdings LLC, Senior Secured First Lien, 7.66% (1 mo. SOFR US + 3.50%), 12/23/2030, (0.00% Floor) (Callable 10/31/2025) | Aspire Bakeries Holdings LLC, Senior Secured First Lien, 7.66% (1 mo. SOFR US + 3.50%), 12/23/2030, (0.00% Floor) (Callable 10/31/2025) | 34737 |  | 34987 |
|  Aveanna Healthcare LLC, 7.93% (3 mo. Term SOFR + 3.75%), 09/17/2032 (Callable 10/31/2025) | Aveanna Healthcare LLC, 7.93% (3 mo. Term SOFR + 3.75%), 09/17/2032 (Callable 10/31/2025) | 45000 |  | 45046 |
|  Bausch + Lomb Corp., Senior Secured First Lien, 8.41% (1 mo. SOFR US + 4.25%), 01/15/2031, (0.00% Floor) (Callable 10/31/2025) | Bausch + Lomb Corp., Senior Secured First Lien, 8.41% (1 mo. SOFR US + 4.25%), 01/15/2031, (0.00% Floor) (Callable 10/31/2025) | 94763 |  | 94940 |
|  Camelot US Acquisition LLC, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/31/2031, (0.00% Floor) (Callable 10/31/2025) | Camelot US Acquisition LLC, Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/31/2031, (0.00% Floor) (Callable 10/31/2025) | 40000 |  | 40006 |
| CHG Healthcare Services, Inc., Senior Secured First Lien | CHG Healthcare Services, Inc., Senior Secured First Lien | CHG Healthcare Services, Inc., Senior Secured First Lien | CHG Healthcare Services, Inc., Senior Secured First Lien | CHG Healthcare Services, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 6.91% (1 mo. SOFR US + 2.75%), 09/29/2028, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.91% (1 mo. SOFR US + 2.75%), 09/29/2028, (0.50% Floor) (Callable 10/31/2025) | 1 |  | 1 |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 09/29/2028, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 09/29/2028, (0.50% Floor) (Callable 10/31/2025) | 53158 |  | 53232 |
|  EAB Global, Inc., Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 08/16/2030, (0.50% Floor) (Callable 10/31/2025) | EAB Global, Inc., Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 08/16/2030, (0.50% Floor) (Callable 10/31/2025) | 24563 |  | 23995 |
|  Eagle Parent Corp., Senior Secured First Lien, 8.25% (3 mo. SOFR US + 4.25%), 04/02/2029, (0.50% Floor) (Callable 10/31/2025) | Eagle Parent Corp., Senior Secured First Lien, 8.25% (3 mo. SOFR US + 4.25%), 04/02/2029, (0.50% Floor) (Callable 10/31/2025) | 39313 |  | 39337 |
|  Froneri US, Inc., Senior Secured 7.59% (1 mo. Term SOFR + 2.50%), 07/16/2032 (Callable 10/31/2025) | Froneri US, Inc., Senior Secured 7.59% (1 mo. Term SOFR + 2.50%), 07/16/2032 (Callable 10/31/2025) | 70000 |  | 69936 |
|  Gainwell Acquisition Corp., Senior Secured First Lien, 8.20% (3 mo. SOFR US + 4.00%), 10/01/2027, (0.75% Floor) (Callable 10/31/2025) | Gainwell Acquisition Corp., Senior Secured First Lien, 8.20% (3 mo. SOFR US + 4.00%), 10/01/2027, (0.75% Floor) (Callable 10/31/2025) | 91410 |  | 90130 |
|  Garda World Security Corp., Senior Secured First Lien, 7.17% (1 mo. SOFR US + 3.00%), 02/01/2029, (0.00% Floor) (Callable 10/31/2025) | Garda World Security Corp., Senior Secured First Lien, 7.17% (1 mo. SOFR US + 3.00%), 02/01/2029, (0.00% Floor) (Callable 10/31/2025) | 14175 |  | 14210 |
|  Grant Thornton Advisors LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 05/30/2031, (0.00% Floor) (Callable 10/31/2025) | Grant Thornton Advisors LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 05/30/2031, (0.00% Floor) (Callable 10/31/2025) | 39740 |  | 39728 |
|  Herc Holdings, Inc., Senior Secured First Lien, 6.25% (1 mo. SOFR US + 2.00%), 06/02/2032, (0.00% Floor) (Callable 10/31/2025) | Herc Holdings, Inc., Senior Secured First Lien, 6.25% (1 mo. SOFR US + 2.00%), 06/02/2032, (0.00% Floor) (Callable 10/31/2025) | 15000 |  | 15092 |
|  ION Platform Finance US, Inc., 0.00% (1 mo. Term SOFR + 3.75%), 09/30/2032 (Callable 11/01/2025) | ION Platform Finance US, Inc., 0.00% (1 mo. Term SOFR + 3.75%), 09/30/2032 (Callable 11/01/2025) | 70000 |  | 69350 |
|  Lavender US HoldCo 1, Inc., 7.41% (1 mo. Term SOFR + 3.25%), 09/27/2032 (Callable 10/31/2025) | Lavender US HoldCo 1, Inc., 7.41% (1 mo. Term SOFR + 3.25%), 09/27/2032 (Callable 10/31/2025) | 30000 |  | 30056 |
|  LifePoint Health, Inc., Senior Secured First Lien, 8.07% (3 mo. SOFR US + 3.75%), 05/19/2031, (0.00% Floor) (Callable 10/31/2025) | LifePoint Health, Inc., Senior Secured First Lien, 8.07% (3 mo. SOFR US + 3.75%), 05/19/2031, (0.00% Floor) (Callable 10/31/2025) | 72109 |  | 72068 |
|  Medline Borrower LP, Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 10/23/2030, (0.00% Floor) (Callable 10/31/2025) | Medline Borrower LP, Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 10/23/2030, (0.00% Floor) (Callable 10/31/2025) | 331817 |  | 332000 |
|  Opal US LLC, Senior Secured First Lien, 7.25% (3 mo. SOFR US + 3.25%), 04/23/2032, (0.00% Floor) (Callable 10/31/2025) | Opal US LLC, Senior Secured First Lien, 7.25% (3 mo. SOFR US + 3.25%), 04/23/2032, (0.00% Floor) (Callable 10/31/2025) | 325000 |  | 326259 |
|  Organon & Co., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 05/19/2031, (0.50% Floor) (Callable 10/31/2025) | Organon & Co., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 05/19/2031, (0.50% Floor) (Callable 10/31/2025) | 40000 |  | 39150 |
|  Prime Security Services Borrower LLC, Senior Secured First Lien, 6.00% (1 mo. SOFR US + 1.75%), 03/08/2032, (0.00% Floor) (Callable 10/31/2025) | Prime Security Services Borrower LLC, Senior Secured First Lien, 6.00% (1 mo. SOFR US + 1.75%), 03/08/2032, (0.00% Floor) (Callable 10/31/2025) | 59700 |  | 59229 |
|  Radiology Partners, Inc., Senior Secured First Lien, 8.50% (3 mo. SOFR US + 4.50%), 06/30/2032, (0.00% Floor) (Callable 10/31/2025) | Radiology Partners, Inc., Senior Secured First Lien, 8.50% (3 mo. SOFR US + 4.50%), 06/30/2032, (0.00% Floor) (Callable 10/31/2025) | 65000 |  | 64966 |
|  Savor Acquisition, Inc., Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 02/19/2032, (0.00% Floor) (Callable 10/31/2025) | Savor Acquisition, Inc., Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 02/19/2032, (0.00% Floor) (Callable 10/31/2025) | 36460 |  | 36719 |
|  Savor Acquisition, Inc., First Lien, 7.56% (3 mo. Term SOFR + 3.25%), 02/19/2032 (Callable 10/31/2025) | Savor Acquisition, Inc., First Lien, 7.56% (3 mo. Term SOFR + 3.25%), 02/19/2032 (Callable 10/31/2025) | 3448 |  | 3473 |
|  Team Health Holdings, Inc., Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 06/30/2028, (0.00% Floor) (Callable 10/31/2025) | Team Health Holdings, Inc., Senior Secured First Lien, 8.80% (3 mo. SOFR US + 4.50%), 06/30/2028, (0.00% Floor) (Callable 10/31/2025) | 34913 |  | 34891 |
|  United Rentals North America, Inc., Senior Secured First Lien, 5.66% (1 mo. SOFR US + 1.50%), 02/14/2031, (0.00% Floor) (Callable 10/31/2025) | United Rentals North America, Inc., Senior Secured First Lien, 5.66% (1 mo. SOFR US + 1.50%), 02/14/2031, (0.00% Floor) (Callable 10/31/2025) | 78650 |  | 79203 |
|  Veritiv Operating Co., Senior Secured First Lien, 8.00% (3 mo. SOFR US + 4.00%), 11/29/2030, (0.00% Floor) (Callable 10/31/2025) | Veritiv Operating Co., Senior Secured First Lien, 8.00% (3 mo. SOFR US + 4.00%), 11/29/2030, (0.00% Floor) (Callable 10/31/2025) | 24837 |  | 24621 |
|  Vestis Corp., Senior Secured First Lien, 6.45% (3 mo. SOFR US + 2.25%), 02/24/2031, (0.00% Floor) (Callable 10/31/2025) | Vestis Corp., Senior Secured First Lien, 6.45% (3 mo. SOFR US + 2.25%), 02/24/2031, (0.00% Floor) (Callable 10/31/2025) | 44094 |  | 41669 |
|  Wand NewCo 3, Inc., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 01/30/2031, (0.00% Floor) (Callable 10/31/2025) | Wand NewCo 3, Inc., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 01/30/2031, (0.00% Floor) (Callable 10/31/2025) | 66927 |  | 66777 |
|  |  |  |  | 1937818 |
| **Energy - 0.3%** | **Energy - 0.3%** | **Energy - 0.3%** | **Energy - 0.3%** | **Energy - 0.3%** |
|  Apro LLC, Senior Secured First Lien, 7.94% (1 mo. SOFR US + 3.75%), 07/09/2031, (0.00% Floor) (Callable 10/31/2025) | Apro LLC, Senior Secured First Lien, 7.94% (1 mo. SOFR US + 3.75%), 07/09/2031, (0.00% Floor) (Callable 10/31/2025) | 54500 |  | 54541 |
|  Colossus Acquireco LLC, Senior Secured First Lien, 5.91% (SOFR + 1.75%), 07/30/2032, (0.00% Floor) (Callable 10/31/2025) | Colossus Acquireco LLC, Senior Secured First Lien, 5.91% (SOFR + 1.75%), 07/30/2032, (0.00% Floor) (Callable 10/31/2025) | 115000 |  | 114425 |
|  Freeport LNG Investments LLLP, Senior Secured First Lien, 7.58% (3 mo. SOFR US + 3.25%), 12/21/2028, (0.00% Floor) (Callable 10/31/2025) | Freeport LNG Investments LLLP, Senior Secured First Lien, 7.58% (3 mo. SOFR US + 3.25%), 12/21/2028, (0.00% Floor) (Callable 10/31/2025) | 52356 |  | 52445 |
|  Hilcorp Energy I LP, Senior Secured First Lien, 6.15% (1 mo. SOFR US + 2.00%), 02/11/2030, (0.00% Floor) (Callable 10/31/2025) | Hilcorp Energy I LP, Senior Secured First Lien, 6.15% (1 mo. SOFR US + 2.00%), 02/11/2030, (0.00% Floor) (Callable 10/31/2025) | 149250 |  | 149685 |
|  Long Ridge Energy T/L B (2/25), Senior Secured First Lien, 8.50% (3 mo. SOFR US + 4.50%), 02/09/2032, (0.00% Floor) | Long Ridge Energy T/L B (2/25), Senior Secured First Lien, 8.50% (3 mo. SOFR US + 4.50%), 02/09/2032, (0.00% Floor) | 154225 |  | 151261 |
|  WaterBridge Midstream Operating LLC, Senior Secured First Lien, 9.29% (1 mo. SOFR US + 4.75%), 06/27/2029, (0.00% Floor) (Callable 10/31/2025) | WaterBridge Midstream Operating LLC, Senior Secured First Lien, 9.29% (1 mo. SOFR US + 4.75%), 06/27/2029, (0.00% Floor) (Callable 10/31/2025) | 14850 |  | 14888 |
|  WhiteWater Matterhorn Holdings LLC, Senior Secured First Lien, 6.31% (1 mo. SOFR US + 2.25%), 06/16/2032, (0.00% Floor) (Callable 10/31/2025) | WhiteWater Matterhorn Holdings LLC, Senior Secured First Lien, 6.31% (1 mo. SOFR US + 2.25%), 06/16/2032, (0.00% Floor) (Callable 10/31/2025) | 15000 |  | 15009 |
|  |  |  |  | 552254 |
| **Financial - 0.4%** | **Financial - 0.4%** | **Financial - 0.4%** | **Financial - 0.4%** | **Financial - 0.4%** |
|  Acrisure LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 11/06/2030, (0.00% Floor) (Callable 10/31/2025) | Acrisure LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 11/06/2030, (0.00% Floor) (Callable 10/31/2025) | 91593 |  | 91550 |
|  Alera Group, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 05/28/2032, (0.50% Floor) (Callable 10/31/2025) | Alera Group, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 05/28/2032, (0.50% Floor) (Callable 10/31/2025) | 45000 |  | 45218 |
|  AmWINS Group, Inc., Senior Secured First Lien, 6.25% (3 mo. SOFR US + 2.25%), 01/30/2032, (0.75% Floor) (Callable 10/31/2025) | AmWINS Group, Inc., Senior Secured First Lien, 6.25% (3 mo. SOFR US + 2.25%), 01/30/2032, (0.75% Floor) (Callable 10/31/2025) | 54637 |  | 54673 |
| Ardonagh Group Finco Pty Ltd., Senior Secured First Lien | Ardonagh Group Finco Pty Ltd., Senior Secured First Lien | Ardonagh Group Finco Pty Ltd., Senior Secured First Lien | Ardonagh Group Finco Pty Ltd., Senior Secured First Lien | Ardonagh Group Finco Pty Ltd., Senior Secured First Lien |
| &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 02/17/2031, (0.00% Floor) | &nbsp;&nbsp; 7.05% (3 mo. SOFR US + 2.75%), 02/17/2031, (0.00% Floor) | 2802 |  | 2794 |
| &nbsp;&nbsp; 6.95% (6 mo. SOFR US + 2.75%), 02/18/2031, (0.00% Floor) | &nbsp;&nbsp; 6.95% (6 mo. SOFR US + 2.75%), 02/18/2031, (0.00% Floor) | 51923 |  | 51772 |
|  Asurion LLC, Senior Secured First Lien, 8.61% (1 mo. SOFR US + 4.25%), 08/21/2028, (0.00% Floor) (Callable 10/31/2025) | Asurion LLC, Senior Secured First Lien, 8.61% (1 mo. SOFR US + 4.25%), 08/21/2028, (0.00% Floor) (Callable 10/31/2025) | 44207 |  | 44397 |
|  Asurion LLC, First Lien, 8.57% (1 mo. Term SOFR + 4.25%), 09/19/2030 (Callable 10/31/2025) | Asurion LLC, First Lien, 8.57% (1 mo. Term SOFR + 4.25%), 09/19/2030 (Callable 10/31/2025) | 9975 |  | 9924 |
|  BCP VI Summit Holdings LP, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 01/30/2032, (0.00% Floor) (Callable 10/31/2025) | BCP VI Summit Holdings LP, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 01/30/2032, (0.00% Floor) (Callable 10/31/2025) | 50000 |  | 50289 |
|  Corpay Technologies Operating Co. LLC, Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 04/28/2028, (0.00% Floor) (Callable 10/31/2025) | Corpay Technologies Operating Co. LLC, Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 04/28/2028, (0.00% Floor) (Callable 10/31/2025) | 9925 |  | 9920 |
|  CPI Holdco B LLC, Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 05/19/2031, (0.00% Floor) (Callable 10/31/2025) | CPI Holdco B LLC, Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 05/19/2031, (0.00% Floor) (Callable 10/31/2025) | 19950 |  | 19950 |
|  Deep Blue Operating I LLC, 6.89% (1 mo. Term SOFR + 2.75%), 09/17/2032 (Callable 10/31/2025) | Deep Blue Operating I LLC, 6.89% (1 mo. Term SOFR + 2.75%), 09/17/2032 (Callable 10/31/2025) | 40000 |  | 40100 |
|  Edelman Financial Engines Center LLC, Senior Secured Second Lien, 9.41% (1 mo. SOFR US + 5.25%), 10/06/2028, (0.00% Floor) (Callable 10/31/2025) | Edelman Financial Engines Center LLC, Senior Secured Second Lien, 9.41% (1 mo. SOFR US + 5.25%), 10/06/2028, (0.00% Floor) (Callable 10/31/2025) | 25000 |  | 25086 |
|  Focus Financial Partners LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 09/15/2031, (0.00% Floor) (Callable 10/31/2025) | Focus Financial Partners LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 09/15/2031, (0.00% Floor) (Callable 10/31/2025) | 34862 |  | 34910 |
|  Hightower Holding LLC, Senior Secured First Lien, 7.07% (3 mo. SOFR US + 2.75%), 04/21/2028, (0.75% Floor) (Callable 10/31/2025) | Hightower Holding LLC, Senior Secured First Lien, 7.07% (3 mo. SOFR US + 2.75%), 04/21/2028, (0.75% Floor) (Callable 10/31/2025) | 114314 |  | 114386 |
|  OneDigital Borrower LLC, Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 07/02/2031, (0.50% Floor) (Callable 10/31/2025) | OneDigital Borrower LLC, Senior Secured First Lien, 7.32% (1 mo. SOFR US + 3.00%), 07/02/2031, (0.50% Floor) (Callable 10/31/2025) | 68976 |  | 69063 |
|  Superannuation & Investments US LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 12/01/2028, (0.00% Floor) (Callable 10/31/2025) | Superannuation & Investments US LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 12/01/2028, (0.00% Floor) (Callable 10/31/2025) | 79800 |  | 80309 |
|  Trucordia Insurance Holdings LLC, First Lien, 7.57% (1 mo. Term SOFR + 3.25%), 06/17/2032 (Callable 10/31/2025) | Trucordia Insurance Holdings LLC, First Lien, 7.57% (1 mo. Term SOFR + 3.25%), 06/17/2032 (Callable 10/31/2025) | 50000 |  | 50187 |
|  Victory Capital Holdings, Inc., 6.50% (3 mo. Term SOFR + 2.00%), 09/23/2032 (Callable 10/31/2025) | Victory Capital Holdings, Inc., 6.50% (3 mo. Term SOFR + 2.00%), 09/23/2032 (Callable 10/31/2025) | 15000 |  | 14991 |
|  |  |  |  | 809519 |
| **Industrial - 1.1%** | **Industrial - 1.1%** | **Industrial - 1.1%** | **Industrial - 1.1%** | **Industrial - 1.1%** |
|  AECOM, Senior Secured First Lien, 6.07% (1 mo. SOFR US + 1.75%), 04/17/2031, (0.00% Floor) (Callable 10/31/2025) | AECOM, Senior Secured First Lien, 6.07% (1 mo. SOFR US + 1.75%), 04/17/2031, (0.00% Floor) (Callable 10/31/2025) | 187389 |  | 189146 |
|  Clean Harbors, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 10/10/2028, (0.00% Floor) (Callable 10/31/2025) | Clean Harbors, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 10/10/2028, (0.00% Floor) (Callable 10/31/2025) | 128536 |  | 128797 |
|  Clean Harbours 9/25 T/L B, 5.66%, 09/24/2032 | Clean Harbours 9/25 T/L B, 5.66%, 09/24/2032 | 145000 |  | 145725 |
|  Clydesdale Acquisition Holdings, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 03/29/2032, (0.50% Floor) (Callable 10/31/2025) | Clydesdale Acquisition Holdings, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 03/29/2032, (0.50% Floor) (Callable 10/31/2025) | 178630 |  | 178557 |
|  Construction Partners, Inc., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 11/03/2031, (0.00% Floor) (Callable 10/31/2025) | Construction Partners, Inc., Senior Secured First Lien, 6.66% (1 mo. SOFR US + 2.50%), 11/03/2031, (0.00% Floor) (Callable 10/31/2025) | 44663 |  | 44828 |
|  DG Investment Intermediate Holdings 2, Inc., Senior Secured First Lien, 7.91% (1 mo. SOFR US + 3.75%), 07/12/2032, (0.00% Floor) (Callable 10/31/2025) | DG Investment Intermediate Holdings 2, Inc., Senior Secured First Lien, 7.91% (1 mo. SOFR US + 3.75%), 07/12/2032, (0.00% Floor) (Callable 10/31/2025) | 100000 |  | 100458 |
|  Dynasty Acquisition Co., Inc., Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 10/31/2031, (0.00% Floor) (Callable 10/31/2025) | Dynasty Acquisition Co., Inc., Senior Secured First Lien, 6.16% (1 mo. SOFR US + 2.00%), 10/31/2031, (0.00% Floor) (Callable 10/31/2025) | 95280 |  | 95425 |
|  Emrld Borrower LP, Senior Secured First Lien, 6.12% (6 mo. SOFR US + 2.25%), 08/04/2031, (0.00% Floor) (Callable 10/31/2025) | Emrld Borrower LP, Senior Secured First Lien, 6.12% (6 mo. SOFR US + 2.25%), 08/04/2031, (0.00% Floor) (Callable 10/31/2025) | 14850 |  | 14802 |
|  GFL ES US LLC, Senior Secured First Lien, 6.67% (3 mo. SOFR US + 2.50%), 03/03/2032, (0.00% Floor) (Callable 10/31/2025) | GFL ES US LLC, Senior Secured First Lien, 6.67% (3 mo. SOFR US + 2.50%), 03/03/2032, (0.00% Floor) (Callable 10/31/2025) | 70000 |  | 70070 |
|  Green Infrastructure Partners, Inc., Senior Secured First Lien, 6.75% (3 mo. SOFR US + 2.75%), 09/24/2032, (0.00% Floor) (Callable 10/31/2025) | Green Infrastructure Partners, Inc., Senior Secured First Lien, 6.75% (3 mo. SOFR US + 2.75%), 09/24/2032, (0.00% Floor) (Callable 10/31/2025) | 100000 |  | 100219 |
| Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien | Husky Injection Molding Systems Ltd., Senior Secured First Lien |
| &nbsp;&nbsp; 7.92% (6 mo. SOFR US + 3.75%), 02/15/2029, (0.00% Floor) | &nbsp;&nbsp; 7.92% (6 mo. SOFR US + 3.75%), 02/15/2029, (0.00% Floor) | 29475 |  | 29590 |
| &nbsp;&nbsp; 8.05% (3 mo. SOFR US + 3.75%), 02/15/2029, (0.00% Floor) | &nbsp;&nbsp; 8.05% (3 mo. SOFR US + 3.75%), 02/15/2029, (0.00% Floor) | 29475 |  | 29590 |
|  Kenan Advantage Group, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/25/2029, (0.00% Floor) (Callable 10/31/2025) | Kenan Advantage Group, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 01/25/2029, (0.00% Floor) (Callable 10/31/2025) | 29924 |  | 29597 |
|  Madison IAQ LLC, Senior Secured First Lien, 7.45% (6 mo. SOFR US + 3.25%), 05/06/2032, (0.50% Floor) (Callable 10/31/2025) | Madison IAQ LLC, Senior Secured First Lien, 7.45% (6 mo. SOFR US + 3.25%), 05/06/2032, (0.50% Floor) (Callable 10/31/2025) | 59850 |  | 60211 |
|  Madison Safety & Flow LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 09/26/2031, (0.00% Floor) (Callable 10/31/2025) | Madison Safety & Flow LLC, Senior Secured First Lien, 6.91% (1 mo. SOFR US + 2.75%), 09/26/2031, (0.00% Floor) (Callable 10/31/2025) | 20666 |  | 20716 |
|  MITER Brands Acquisition Holdco, Inc., Senior Secured First Lien, 7.07% (1 mo. SOFR US + 2.75%), 03/28/2031, (0.00% Floor) | MITER Brands Acquisition Holdco, Inc., Senior Secured First Lien, 7.07% (1 mo. SOFR US + 2.75%), 03/28/2031, (0.00% Floor) | 44887 |  | 45108 |
|  MX Holdings US, Inc., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 03/17/2032, (0.00% Floor) (Callable 10/31/2025) | MX Holdings US, Inc., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 03/17/2032, (0.00% Floor) (Callable 10/31/2025) | 14963 |  | 15000 |
|  Pinnacle Buyer LLC, 7.22% (1 mo. Term SOFR + 2.50%), 09/13/2032 (Callable 10/31/2025) | Pinnacle Buyer LLC, 7.22% (1 mo. Term SOFR + 2.50%), 09/13/2032 (Callable 10/31/2025) | 15000 |  | 15037 |
|  Project Aurora US Finco, Inc., 7.41% (1 mo. Term SOFR + 2.75%), 09/27/2032 (Callable 10/31/2025) | Project Aurora US Finco, Inc., 7.41% (1 mo. Term SOFR + 2.75%), 09/27/2032 (Callable 10/31/2025) | 20000 |  | 20062 |
|  Quikrete Holdings, Inc., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 02/10/2032, (0.00% Floor) (Callable 10/31/2025) | Quikrete Holdings, Inc., Senior Secured First Lien, 6.41% (1 mo. SOFR US + 2.25%), 02/10/2032, (0.00% Floor) (Callable 10/31/2025) | 403150 |  | 403356 |
| Signia Aerospace LLC, Senior Secured First Lien | Signia Aerospace LLC, Senior Secured First Lien | Signia Aerospace LLC, Senior Secured First Lien | Signia Aerospace LLC, Senior Secured First Lien | Signia Aerospace LLC, Senior Secured First Lien |
| &nbsp;&nbsp; 6.91% (1 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.91% (1 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | 60518 |  | 60707 |
| &nbsp;&nbsp; 7.06% (3 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.06% (3 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | 1183 |  | 1186 |
| &nbsp;&nbsp; 7.74% (3 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.74% (3 mo. SOFR US + 2.75%), 12/11/2031, (0.50% Floor) (Callable 10/31/2025) | 3000 |  | 3009 |
|  Tecta America Corp., Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 02/18/2032, (0.00% Floor) (Callable 10/31/2025) | Tecta America Corp., Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 02/18/2032, (0.00% Floor) (Callable 10/31/2025) | 44888 |  | 45112 |
| TransDigm, Inc., Senior Secured First Lien | TransDigm, Inc., Senior Secured First Lien | TransDigm, Inc., Senior Secured First Lien | TransDigm, Inc., Senior Secured First Lien | TransDigm, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 8.50% (3 mo. SOFR US + 2.25%), 03/22/2030, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 8.50% (3 mo. SOFR US + 2.25%), 03/22/2030, (0.00% Floor) (Callable 10/31/2025) | 29625 |  | 29629 |
| &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 02/28/2031, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 02/28/2031, (0.00% Floor) (Callable 10/31/2025) | 49188 |  | 49220 |
| &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 01/20/2032, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 01/20/2032, (0.00% Floor) (Callable 10/31/2025) | 39476 |  | 39501 |
| &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 08/13/2032, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 6.50% (3 mo. SOFR US + 2.50%), 08/13/2032, (0.00% Floor) (Callable 10/31/2025) | 135000 |  | 135007 |
|  |  |  |  | 2099665 |
| **Technology - 0.7%** | **Technology - 0.7%** | **Technology - 0.7%** | **Technology - 0.7%** | **Technology - 0.7%** |
|  Applied Systems, Inc., Senior Secured Second Lien, 8.80% (3 mo. SOFR US + 4.50%), 02/23/2032, (0.00% Floor) | Applied Systems, Inc., Senior Secured Second Lien, 8.80% (3 mo. SOFR US + 4.50%), 02/23/2032, (0.00% Floor) | 10000 |  | 10262 |
|  Ascend Learning LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 12/11/2028, (0.50% Floor) (Callable 10/31/2025) | Ascend Learning LLC, Senior Secured First Lien, 7.16% (1 mo. SOFR US + 3.00%), 12/11/2028, (0.50% Floor) (Callable 10/31/2025) | 114057 |  | 114063 |
|  Boxer Parent Co., Inc., Senior Secured First Lien, 7.20% (3 mo. SOFR US + 3.00%), 07/30/2031, (0.00% Floor) (Callable 10/31/2025) | Boxer Parent Co., Inc., Senior Secured First Lien, 7.20% (3 mo. SOFR US + 3.00%), 07/30/2031, (0.00% Floor) (Callable 10/31/2025) | 89550 |  | 89508 |
|  CACI International, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 10/30/2031, (0.00% Floor) (Callable 10/31/2025) | CACI International, Inc., Senior Secured First Lien, 5.91% (1 mo. SOFR US + 1.75%), 10/30/2031, (0.00% Floor) (Callable 10/31/2025) | 218251 |  | 218933 |
|  Central Parent LLC, First Lien, 7.55% (3 mo. Term SOFR + 3.25%), 07/06/2029 (Callable 10/31/2025) | Central Parent LLC, First Lien, 7.55% (3 mo. Term SOFR + 3.25%), 07/06/2029 (Callable 10/31/2025) | 0<sup>(j)</sup> |  | 0<sup>(j)</sup> |
|  Clearwater Analytics LLC, Senior Secured First Lien, 6.46% (6 mo. SOFR US + 2.25%), 04/21/2032, (0.00% Floor) (Callable 10/31/2025) | Clearwater Analytics LLC, Senior Secured First Lien, 6.46% (6 mo. SOFR US + 2.25%), 04/21/2032, (0.00% Floor) (Callable 10/31/2025) | 170000 |  | 170637 |
|  Cloud Software Group, Inc., Senior Secured First Lien, 7.25% (1 mo. SOFR US + 3.25%), 03/24/2031, (0.00% Floor) (Callable 10/31/2025) | Cloud Software Group, Inc., Senior Secured First Lien, 7.25% (1 mo. SOFR US + 3.25%), 03/24/2031, (0.00% Floor) (Callable 10/31/2025) | 223788 |  | 224887 |
| Cotiviti, Inc., Senior Secured First Lien | Cotiviti, Inc., Senior Secured First Lien | Cotiviti, Inc., Senior Secured First Lien | Cotiviti, Inc., Senior Secured First Lien | Cotiviti, Inc., Senior Secured First Lien |
| &nbsp;&nbsp; 7.03% (1 mo. SOFR US + 2.75%), 05/01/2031, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.03% (1 mo. SOFR US + 2.75%), 05/01/2031, (0.00% Floor) (Callable 10/31/2025) | 48881 |  | 48107 |
| &nbsp;&nbsp; 7.03% (1 mo. SOFR US + 2.75%), 03/29/2032, (0.00% Floor) (Callable 10/31/2025) | &nbsp;&nbsp; 7.03% (1 mo. SOFR US + 2.75%), 03/29/2032, (0.00% Floor) (Callable 10/31/2025) | 24938 |  | 24532 |
|  Dcert Buyer, Inc., First Lien, 8.33% (1 mo. Term SOFR + 4.00%), 10/16/2026 (Callable 10/31/2025) | Dcert Buyer, Inc., First Lien, 8.33% (1 mo. Term SOFR + 4.00%), 10/16/2026 (Callable 10/31/2025) | 0<sup>(j)</sup> |  | 0<sup>(j)</sup> |
|  Finastra USA, Inc., Senior Secured First Lien, 8.04% (3 mo. SOFR US + 4.00%), 09/15/2032, (0.00% Floor) (Callable 10/31/2025) | Finastra USA, Inc., Senior Secured First Lien, 8.04% (3 mo. SOFR US + 4.00%), 09/15/2032, (0.00% Floor) (Callable 10/31/2025) | 20000 |  | 19939 |
|  Kaseya, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 03/22/2032, (0.00% Floor) (Callable 10/31/2025) | Kaseya, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 03/22/2032, (0.00% Floor) (Callable 10/31/2025) | 164175 |  | 164604 |
|  McAfee Corp., Senior Secured First Lien, 7.22% (1 mo. SOFR US + 3.00%), 03/01/2029, (0.50% Floor) (Callable 10/31/2025) | McAfee Corp., Senior Secured First Lien, 7.22% (1 mo. SOFR US + 3.00%), 03/01/2029, (0.50% Floor) (Callable 10/31/2025) | 28713 |  | 27511 |
|  Mitchell International, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 06/17/2031, (0.50% Floor) (Callable 10/31/2025) | Mitchell International, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 06/17/2031, (0.50% Floor) (Callable 10/31/2025) | 62448 |  | 62462 |
|  Mitchell International, Inc., Senior Secured Second Lien, 9.41% (1 mo. SOFR US + 5.25%), 06/17/2032, (0.00% Floor) (Callable 10/31/2025) | Mitchell International, Inc., Senior Secured Second Lien, 9.41% (1 mo. SOFR US + 5.25%), 06/17/2032, (0.00% Floor) (Callable 10/31/2025) | 10000 |  | 9932 |
|  Polaris Newco LLC, Senior Secured First Lien, 8.68% (3 mo. SOFR US + 4.00%), 06/05/2028, (0.50% Floor) (Callable 10/31/2025) | Polaris Newco LLC, Senior Secured First Lien, 8.68% (3 mo. SOFR US + 4.00%), 06/05/2028, (0.50% Floor) (Callable 10/31/2025) | 44575 |  | 43056 |
|  RealPage, Inc., Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 04/24/2028, (0.50% Floor) (Callable 10/31/2025) | RealPage, Inc., Senior Secured First Lien, 7.75% (3 mo. SOFR US + 3.75%), 04/24/2028, (0.50% Floor) (Callable 10/31/2025) | 19900 |  | 19988 |
|  X Corp., First Lien, 10.96% (3 mo. Term SOFR + 6.50%), 10/29/2029 (Callable 10/31/2025) | X Corp., First Lien, 10.96% (3 mo. Term SOFR + 6.50%), 10/29/2029 (Callable 10/31/2025) | 59846 |  | 58790 |
|  Zelis Payments Buyer, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 11/26/2031, (0.00% Floor) (Callable 10/31/2025) | Zelis Payments Buyer, Inc., Senior Secured First Lien, 7.41% (1 mo. SOFR US + 3.25%), 11/26/2031, (0.00% Floor) (Callable 10/31/2025) | 54612 |  | 54681 |
|  |  |  |  | 1361892 |
| **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** |
|  Meade Pipeline Co. LLC, Senior Secured First Lien, 6.00% (3 mo. SOFR US + 2.00%), 09/22/2032 (Callable 10/31/2025) | Meade Pipeline Co. LLC, Senior Secured First Lien, 6.00% (3 mo. SOFR US + 2.00%), 09/22/2032 (Callable 10/31/2025) | 35000 |  | 35022 |
|  NRG Energy, Inc., Senior Secured First Lien, 6.06% (3 mo. SOFR US + 1.75%), 04/16/2031, (0.00% Floor) (Callable 10/31/2025) | NRG Energy, Inc., Senior Secured First Lien, 6.06% (3 mo. SOFR US + 1.75%), 04/16/2031, (0.00% Floor) (Callable 10/31/2025) | 327675 |  | 328074 |
|  |  |  |  | 363096 |
| **TOTAL BANK LOANS** (Cost $12,281,055) | **TOTAL BANK LOANS** (Cost $12,281,055) | **TOTAL BANK LOANS** (Cost $12,281,055) |  | 12299947 |
| **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 6.6%** | **FOREIGN GOVERNMENT DEBT OBLIGATIONS - 6.6%** | **Par** |  | **Value**  |
|  Abu Dhabi Government International Bond, 3.88%, 04/16/2050 <sup>(b)</sup> | Abu Dhabi Government International Bond, 3.88%, 04/16/2050 <sup>(b)</sup> | 200000 |  | 161761 |
| Airservices Australia | Airservices Australia | Airservices Australia | Airservices Australia | Airservices Australia |
| &nbsp;&nbsp; 5.40%, 11/15/2028 (Callable 08/15/2028) | &nbsp;&nbsp; 5.40%, 11/15/2028 (Callable 08/15/2028) | 200000 |  | 136933 |
| &nbsp;&nbsp; 2.20%, 05/15/2030 | &nbsp;&nbsp; 2.20%, 05/15/2030 | 210000 |  | 126449 |
|  Brazil Letras do Tesouro Nacional, 0.00%, 01/01/2026 <sup>(d)</sup> | Brazil Letras do Tesouro Nacional, 0.00%, 01/01/2026 <sup>(d)</sup> | 5978000 |  | 1084077 |
| Brazil Notas do Tesouro Nacional Serie B | Brazil Notas do Tesouro Nacional Serie B | Brazil Notas do Tesouro Nacional Serie B | Brazil Notas do Tesouro Nacional Serie B | Brazil Notas do Tesouro Nacional Serie B |
| &nbsp;&nbsp; 6.00%, 05/15/2035 | &nbsp;&nbsp; 6.00%, 05/15/2035 | 300000 |  | 236300 |
| &nbsp;&nbsp; 6.00%, 08/15/2050 | &nbsp;&nbsp; 6.00%, 08/15/2050 | 213000 |  | 159109 |
| Bundesrepublik Deutschland Bundesanleihe | Bundesrepublik Deutschland Bundesanleihe | Bundesrepublik Deutschland Bundesanleihe | Bundesrepublik Deutschland Bundesanleihe | Bundesrepublik Deutschland Bundesanleihe |
| &nbsp;&nbsp; 0.00%, 08/15/2031 <sup>(d)</sup> | &nbsp;&nbsp; 0.00%, 08/15/2031 <sup>(d)</sup> | 65000 |  | 66598 |
| &nbsp;&nbsp; 2.20%, 02/15/2034 | &nbsp;&nbsp; 2.20%, 02/15/2034 | 105000 |  | 119617 |
| &nbsp;&nbsp; 0.00%, 05/15/2035 <sup>(d)</sup> | &nbsp;&nbsp; 0.00%, 05/15/2035 <sup>(d)</sup> | 55000 |  | 49909 |
| Canadian Government Bond | Canadian Government Bond | Canadian Government Bond | Canadian Government Bond | Canadian Government Bond |
| &nbsp;&nbsp; 2.75%, 05/01/2027 | &nbsp;&nbsp; 2.75%, 05/01/2027 | 170000 |  | 122705 |
| &nbsp;&nbsp; 3.50%, 09/01/2029 | &nbsp;&nbsp; 3.50%, 09/01/2029 | 85000 |  | 62992 |
| &nbsp;&nbsp; 0.50%, 12/01/2030 | &nbsp;&nbsp; 0.50%, 12/01/2030 | 70000 |  | 44816 |
|  China Government Bond, 2.69%, 08/12/2026 | China Government Bond, 2.69%, 08/12/2026 | 680000 |  | 96631 |
|  Colombia Government International Bond, 4.13%, 05/15/2051 (Callable 11/15/2050) | Colombia Government International Bond, 4.13%, 05/15/2051 (Callable 11/15/2050) | 200000 |  | 130250 |
|  CPPIB Capital, Inc., 2.25%, 12/01/2031 <sup>(b)</sup> | CPPIB Capital, Inc., 2.25%, 12/01/2031 <sup>(b)</sup> | 100000 |  | 68229 |
| Czech Republic Government Bond | Czech Republic Government Bond | Czech Republic Government Bond | Czech Republic Government Bond | Czech Republic Government Bond |
| &nbsp;&nbsp; 4.25%, 10/24/2034 | &nbsp;&nbsp; 4.25%, 10/24/2034 | 3280000 |  | 155137 |
| &nbsp;&nbsp; 3.50%, 05/30/2035 | &nbsp;&nbsp; 3.50%, 05/30/2035 | 10460000 |  | 463205 |
|  Dominican Republic International Bond, 4.50%, 01/30/2030 | Dominican Republic International Bond, 4.50%, 01/30/2030 | 150000 |  | 147000 |
|  Finland Government Bond, 3.00%, 09/15/2033 <sup>(b)</sup> | Finland Government Bond, 3.00%, 09/15/2033 <sup>(b)</sup> | 180000 |  | 213101 |
|  Guatemala Government Bond, 4.50%, 05/03/2026 | Guatemala Government Bond, 4.50%, 05/03/2026 | 200000 |  | 199250 |
|  Indonesia Government International Bond, 3.05%, 03/12/2051 | Indonesia Government International Bond, 3.05%, 03/12/2051 | 100000 |  | 66805 |
| Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond | Indonesia Treasury Bond |
| &nbsp;&nbsp; 6.38%, 08/15/2028 | &nbsp;&nbsp; 6.38%, 08/15/2028 | 4531000000 |  | 280017 |
| &nbsp;&nbsp; 9.00%, 03/15/2029 | &nbsp;&nbsp; 9.00%, 03/15/2029 | 514000000 |  | 34347 |
| &nbsp;&nbsp; 6.50%, 07/15/2030 | &nbsp;&nbsp; 6.50%, 07/15/2030 | 2823000000 |  | 175868 |
| &nbsp;&nbsp; 6.50%, 02/15/2031 | &nbsp;&nbsp; 6.50%, 02/15/2031 | 5458000000 |  | 339565 |
| &nbsp;&nbsp; 8.75%, 05/15/2031 | &nbsp;&nbsp; 8.75%, 05/15/2031 | 2438000000 |  | 166703 |
| &nbsp;&nbsp; 6.38%, 04/15/2032 | &nbsp;&nbsp; 6.38%, 04/15/2032 | 5326000000 |  | 326911 |
| &nbsp;&nbsp; 6.63%, 05/15/2033 | &nbsp;&nbsp; 6.63%, 05/15/2033 | 1779000000 |  | 108640 |
|  Japan Government Twenty Year Bond, 2.10%, 12/20/2025 | Japan Government Twenty Year Bond, 2.10%, 12/20/2025 | 84050000 |  | 570331 |
|  Mexican Udibonos, 2.75%, 11/27/2031 | Mexican Udibonos, 2.75%, 11/27/2031 | 4697432 |  | 234373 |
|  Mexico Government International Bond, 4.50%, 04/22/2029 | Mexico Government International Bond, 4.50%, 04/22/2029 | 250000 |  | 250689 |
| NBN Co. Ltd. | NBN Co. Ltd. | NBN Co. Ltd. | NBN Co. Ltd. | NBN Co. Ltd. |
| &nbsp;&nbsp; 5.00%, 08/28/2031 (Callable 05/28/2031) | &nbsp;&nbsp; 5.00%, 08/28/2031 (Callable 05/28/2031) | 330000 |  | 222715 |
| &nbsp;&nbsp; 5.35%, 03/06/2035 (Callable 12/06/2034) | &nbsp;&nbsp; 5.35%, 03/06/2035 (Callable 12/06/2034) | 190000 |  | 128555 |
| New South Wales Treasury Corp. | New South Wales Treasury Corp. | New South Wales Treasury Corp. | New South Wales Treasury Corp. | New South Wales Treasury Corp. |
| &nbsp;&nbsp; 4.75%, 09/20/2035 | &nbsp;&nbsp; 4.75%, 09/20/2035 | 295000 |  | 193060 |
| &nbsp;&nbsp; 4.25%, 02/20/2036 | &nbsp;&nbsp; 4.25%, 02/20/2036 | 355000 |  | 221185 |
| &nbsp;&nbsp; 4.75%, 02/20/2037 | &nbsp;&nbsp; 4.75%, 02/20/2037 | 145000 |  | 93029 |
| &nbsp;&nbsp; 5.25%, 02/24/2038 | &nbsp;&nbsp; 5.25%, 02/24/2038 | 145000 |  | 96262 |
| New Zealand Government Bond | New Zealand Government Bond | New Zealand Government Bond | New Zealand Government Bond | New Zealand Government Bond |
| &nbsp;&nbsp; 0.25%, 05/15/2028 | &nbsp;&nbsp; 0.25%, 05/15/2028 | 180000 |  | 97316 |
| &nbsp;&nbsp; 2.00%, 05/15/2032 | &nbsp;&nbsp; 2.00%, 05/15/2032 | 240000 |  | 124572 |
| &nbsp;&nbsp; 4.25%, 05/15/2034 | &nbsp;&nbsp; 4.25%, 05/15/2034 | 870000 |  | 509714 |
| &nbsp;&nbsp; 4.50%, 05/15/2035 | &nbsp;&nbsp; 4.50%, 05/15/2035 | 590000 |  | 349883 |
| &nbsp;&nbsp; 4.25%, 05/15/2036 | &nbsp;&nbsp; 4.25%, 05/15/2036 | 118000 |  | 68005 |
| &nbsp;&nbsp; 1.75%, 05/15/2041 | &nbsp;&nbsp; 1.75%, 05/15/2041 | 405000 |  | 157259 |
|  New Zealand Local Government Funding Agency Bond, 3.50%, 04/14/2033 | New Zealand Local Government Funding Agency Bond, 3.50%, 04/14/2033 | 132000 |  | 72820 |
| Norway Government Bond | Norway Government Bond | Norway Government Bond | Norway Government Bond | Norway Government Bond |
| &nbsp;&nbsp; 2.13%, 05/18/2032 <sup>(b)</sup> | &nbsp;&nbsp; 2.13%, 05/18/2032 <sup>(b)</sup> | 3335000 |  | 298486 |
| &nbsp;&nbsp; 3.75%, 06/12/2035 <sup>(b)</sup> | &nbsp;&nbsp; 3.75%, 06/12/2035 <sup>(b)</sup> | 955000 |  | 93255 |
|  Paraguay Government International Bond, 4.70%, 03/27/2027 | Paraguay Government International Bond, 4.70%, 03/27/2027 | 143000 |  | 144251 |
| Philippine Government Bond | Philippine Government Bond | Philippine Government Bond | Philippine Government Bond | Philippine Government Bond |
| &nbsp;&nbsp; 6.25%, 02/28/2029 | &nbsp;&nbsp; 6.25%, 02/28/2029 | 8670000 |  | 151006 |
| &nbsp;&nbsp; 6.50%, 05/19/2029 | &nbsp;&nbsp; 6.50%, 05/19/2029 | 16710000 |  | 293653 |
| &nbsp;&nbsp; 6.38%, 07/27/2030 | &nbsp;&nbsp; 6.38%, 07/27/2030 | 16180000 |  | 283660 |
| &nbsp;&nbsp; 6.75%, 09/15/2032 | &nbsp;&nbsp; 6.75%, 09/15/2032 | 12890000 |  | 230700 |
| &nbsp;&nbsp; 6.38%, 04/28/2035 | &nbsp;&nbsp; 6.38%, 04/28/2035 | 6680000 |  | 117593 |
| &nbsp;&nbsp; 8.00%, 09/30/2035 | &nbsp;&nbsp; 8.00%, 09/30/2035 | 3300000 |  | 64790 |
|  Province of Quebec Canada, 4.50%, 09/08/2033 | Province of Quebec Canada, 4.50%, 09/08/2033 | 153000 |  | 154824 |
|  Queensland Treasury Corp., 5.25%, 07/21/2036 <sup>(b)</sup> | Queensland Treasury Corp., 5.25%, 07/21/2036 <sup>(b)</sup> | 385000 |  | 258706 |
|  South Australian Government Financing Authority, 1.75%, 05/24/2034 | South Australian Government Financing Authority, 1.75%, 05/24/2034 | 190000 |  | 98909 |
| Treasury Corp. of Victoria | Treasury Corp. of Victoria | Treasury Corp. of Victoria | Treasury Corp. of Victoria | Treasury Corp. of Victoria |
| &nbsp;&nbsp; 2.25%, 11/20/2034 | &nbsp;&nbsp; 2.25%, 11/20/2034 | 150000 |  | 79980 |
| &nbsp;&nbsp; 5.25%, 09/15/2038 | &nbsp;&nbsp; 5.25%, 09/15/2038 | 245000 |  | 161231 |
| &nbsp;&nbsp; 5.00%, 11/20/2040 | &nbsp;&nbsp; 5.00%, 11/20/2040 | 140000 |  | 87542 |
| &nbsp;&nbsp; 2.25%, 11/20/2041 | &nbsp;&nbsp; 2.25%, 11/20/2041 | 200000 |  | 85579 |
| United Kingdom Gilt | United Kingdom Gilt | United Kingdom Gilt | United Kingdom Gilt | United Kingdom Gilt |
| &nbsp;&nbsp; 3.75%, 03/07/2027 | &nbsp;&nbsp; 3.75%, 03/07/2027 | 360000 |  | 482566 |
| &nbsp;&nbsp; 4.13%, 07/22/2029 | &nbsp;&nbsp; 4.13%, 07/22/2029 | 90000 |  | 121247 |
| &nbsp;&nbsp; 3.25%, 01/31/2033 | &nbsp;&nbsp; 3.25%, 01/31/2033 | 125000 |  | 155571 |
| &nbsp;&nbsp; 4.25%, 07/31/2034 | &nbsp;&nbsp; 4.25%, 07/31/2034 | 125000 |  | 163523 |
| **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $12,324,548) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $12,324,548) | **TOTAL FOREIGN GOVERNMENT DEBT OBLIGATIONS** (Cost $12,324,548) |  | 12259765 |
| **AFFILIATED REGISTERED INVESTMENT COMPANIES - 3.5%** | **AFFILIATED REGISTERED INVESTMENT COMPANIES - 3.5%** | **Shares** |  | **Value**  |
| Voya VACS Series EMHCD Fund | Voya VACS Series EMHCD Fund | 184984 |  | 1970081 |
| Voya VACS Series HYB Fund | Voya VACS Series HYB Fund | 435422 |  | 4528387 |
| **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $6,921,856) | **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $6,921,856) | **TOTAL AFFILIATED REGISTERED INVESTMENT COMPANIES** (Cost $6,921,856) |  | 6498468 |
| **COLLATERALIZED LOAN OBLIGATIONS - 3.3%** | **COLLATERALIZED LOAN OBLIGATIONS - 3.3%** | **Par** |  | **Value**  |
|  AB BSL CLO Ltd., Series 2023-4A, Class BR, 6.23% (3 mo. Term SOFR + 1.90%), 04/20/2038, (1.90% Floor) (Callable 04/20/2027) <sup>(b)</sup> | AB BSL CLO Ltd., Series 2023-4A, Class BR, 6.23% (3 mo. Term SOFR + 1.90%), 04/20/2038, (1.90% Floor) (Callable 04/20/2027) <sup>(b)</sup> | 250000 |  | 251375 |
| Bain Capital Credit CLO | Bain Capital Credit CLO | Bain Capital Credit CLO | Bain Capital Credit CLO | Bain Capital Credit CLO |
| &nbsp;&nbsp; Series 2022-6A, Class CR, 6.33% (3 mo. Term SOFR + 2.00%), 01/22/2038, (2.00% Floor) (Callable 01/22/2027) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-6A, Class CR, 6.33% (3 mo. Term SOFR + 2.00%), 01/22/2038, (2.00% Floor) (Callable 01/22/2027) <sup>(b)</sup> | 500000 |  | 502712 |
| &nbsp;&nbsp; Series 2024-4A, Class C, 6.22% (3 mo. Term SOFR + 1.90%), 10/23/2037, (1.90% Floor) (Callable 10/23/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2024-4A, Class C, 6.22% (3 mo. Term SOFR + 1.90%), 10/23/2037, (1.90% Floor) (Callable 10/23/2026) <sup>(b)</sup> | 250000 |  | 251472 |
| BDS Ltd. | BDS Ltd. | BDS Ltd. | BDS Ltd. | BDS Ltd. |
| &nbsp;&nbsp; Series 2021-FL10, Class A, 5.60% (1 mo. Term SOFR + 1.46%), 12/16/2036, (1.46% Floor) (Callable 10/16/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-FL10, Class A, 5.60% (1 mo. Term SOFR + 1.46%), 12/16/2036, (1.46% Floor) (Callable 10/16/2025) <sup>(b)</sup> | 45860 |  | 45864 |
| &nbsp;&nbsp; Series 2021-FL9, Class D, 6.50% (1 mo. Term SOFR + 2.36%), 11/16/2038, (2.25% Floor) (Callable 10/16/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-FL9, Class D, 6.50% (1 mo. Term SOFR + 2.36%), 11/16/2038, (2.25% Floor) (Callable 10/16/2025) <sup>(b)</sup> | 100000 |  | 98737 |
|  CBAM Ltd., Series 2017-1A, Class CR2, 6.43% (3 mo. Term SOFR + 2.10%), 01/20/2038, (2.10% Floor) (Callable 01/20/2027) <sup>(b)</sup> | CBAM Ltd., Series 2017-1A, Class CR2, 6.43% (3 mo. Term SOFR + 2.10%), 01/20/2038, (2.10% Floor) (Callable 01/20/2027) <sup>(b)</sup> | 250000 |  | 251485 |
|  Cent CLO, Series 2018-27A, Class DR, 8.41% (3 mo. Term SOFR + 4.09%), 01/25/2035, (3.83% Floor) (Callable 10/25/2025) <sup>(b)</sup> | Cent CLO, Series 2018-27A, Class DR, 8.41% (3 mo. Term SOFR + 4.09%), 01/25/2035, (3.83% Floor) (Callable 10/25/2025) <sup>(b)</sup> | 500000 |  | 500192 |
| CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. | CIFC Funding Ltd. |
| &nbsp;&nbsp; Series 2015-4A, Class BR2, 6.49% (3 mo. Term SOFR + 2.16%), 04/20/2034, (2.16% Floor) (Callable 10/20/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2015-4A, Class BR2, 6.49% (3 mo. Term SOFR + 2.16%), 04/20/2034, (2.16% Floor) (Callable 10/20/2025) <sup>(b)</sup> | 250000 |  | 250412 |
| &nbsp;&nbsp; Series 2022-4A, Class AR, 5.37% (3 mo. Term SOFR + 1.09%), 07/16/2035, (1.09% Floor) (Callable 07/16/2026) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-4A, Class AR, 5.37% (3 mo. Term SOFR + 1.09%), 07/16/2035, (1.09% Floor) (Callable 07/16/2026) <sup>(b)</sup> | 250000 |  | 250900 |
|  Elmwood CLO Ltd., Series 2020-1A, Class AR, 5.79% (3 mo. Term SOFR + 1.46%), 04/18/2037, (1.46% Floor) (Callable 04/18/2026) <sup>(b)</sup> | Elmwood CLO Ltd., Series 2020-1A, Class AR, 5.79% (3 mo. Term SOFR + 1.46%), 04/18/2037, (1.46% Floor) (Callable 04/18/2026) <sup>(b)</sup> | 250000 |  | 250655 |
|  Empower CLO Ltd., Series 2024-2A, Class C, 6.42% (3 mo. Term SOFR + 2.10%), 07/15/2037, (2.10% Floor) (Callable 07/15/2026) <sup>(b)</sup> | Empower CLO Ltd., Series 2024-2A, Class C, 6.42% (3 mo. Term SOFR + 2.10%), 07/15/2037, (2.10% Floor) (Callable 07/15/2026) <sup>(b)</sup> | 500000 |  | 501884 |
| FS RIALTO | FS RIALTO | FS RIALTO | FS RIALTO | FS RIALTO |
| &nbsp;&nbsp; Series 2021-FL3, Class D, 6.76% (1 mo. Term SOFR + 2.61%), 11/16/2036, (2.61% Floor) (Callable 10/16/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2021-FL3, Class D, 6.76% (1 mo. Term SOFR + 2.61%), 11/16/2036, (2.61% Floor) (Callable 10/16/2025) <sup>(b)</sup> | 100000 |  | 99784 |
| &nbsp;&nbsp; Series 2022-FL4, Class AS, 6.79% (30 day avg SOFR US + 2.40%), 01/19/2039, (2.40% Floor) (Callable 10/17/2025) <sup>(b)</sup> | &nbsp;&nbsp; Series 2022-FL4, Class AS, 6.79% (30 day avg SOFR US + 2.40%), 01/19/2039, (2.40% Floor) (Callable 10/17/2025) <sup>(b)</sup> | 100000 |  | 99999 |
|  Katayma CLO Ltd., Series 2024-2A, Class D, 8.83% (3 mo. Term SOFR + 4.50%), 04/20/2037, (4.50% Floor) (Callable 04/20/2026) <sup>(b)</sup> | Katayma CLO Ltd., Series 2024-2A, Class D, 8.83% (3 mo. Term SOFR + 4.50%), 04/20/2037, (4.50% Floor) (Callable 04/20/2026) <sup>(b)</sup> | 430000 |  | 433897 |
|  LCM LP, Series 24A, Class CR, 6.49% (3 mo. Term SOFR + 2.16%), 03/20/2030, (0.00% Floor) (Callable 10/20/2025) <sup>(b)</sup> | LCM LP, Series 24A, Class CR, 6.49% (3 mo. Term SOFR + 2.16%), 03/20/2030, (0.00% Floor) (Callable 10/20/2025) <sup>(b)</sup> | 250000 |  | 250418 |
|  Lument Finance Trust, Inc., Series 2021-FL1, Class B, 6.01% (1 mo. Term SOFR + 1.86%), 06/15/2039, (1.86% Floor) (Callable 10/15/2025) <sup>(b)</sup> | Lument Finance Trust, Inc., Series 2021-FL1, Class B, 6.01% (1 mo. Term SOFR + 1.86%), 06/15/2039, (1.86% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 100000 |  | 99495 |
|  Neuberger Berman CLO Ltd., Series 2021-44A, Class DR, 6.97% (3 mo. Term SOFR + 2.65%), 10/16/2035, (2.65% Floor) (Callable 01/16/2026) <sup>(b)</sup> | Neuberger Berman CLO Ltd., Series 2021-44A, Class DR, 6.97% (3 mo. Term SOFR + 2.65%), 10/16/2035, (2.65% Floor) (Callable 01/16/2026) <sup>(b)</sup> | 500000 |  | 500379 |
|  OZLM Ltd., Series 2016-15A, Class A1R3, 5.33% (3 mo. Term SOFR + 1.05%), 04/20/2033, (1.05% Floor) (Callable 04/20/2026) <sup>(b)</sup> | OZLM Ltd., Series 2016-15A, Class A1R3, 5.33% (3 mo. Term SOFR + 1.05%), 04/20/2033, (1.05% Floor) (Callable 04/20/2026) <sup>(b)</sup> | 250000 |  | 250062 |
|  Palmer Square Loan Funding Ltd., Series 2022-2A, Class B, 6.52% (3 mo. Term SOFR + 2.20%), 10/15/2030, (2.20% Floor) (Callable 10/15/2025) <sup>(b)</sup> | Palmer Square Loan Funding Ltd., Series 2022-2A, Class B, 6.52% (3 mo. Term SOFR + 2.20%), 10/15/2030, (2.20% Floor) (Callable 10/15/2025) <sup>(b)</sup> | 800000 |  | 800979 |
|  Storm King Park CLO Ltd., Series 2022-1A, Class AR, 5.68% (3 mo. Term SOFR + 1.36%), 10/15/2037, (1.36% Floor) (Callable 10/15/2026) <sup>(b)</sup> | Storm King Park CLO Ltd., Series 2022-1A, Class AR, 5.68% (3 mo. Term SOFR + 1.36%), 10/15/2037, (1.36% Floor) (Callable 10/15/2026) <sup>(b)</sup> | 500000 |  | 501190 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $6,178,545) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $6,178,545) | **TOTAL COLLATERALIZED LOAN OBLIGATIONS** (Cost $6,178,545) |  | 6191891 |
| **FOREIGN GOVERNMENT AGENCY ISSUES - 1.2%** | **FOREIGN GOVERNMENT AGENCY ISSUES - 1.2%** | **Par** |  | **Value**  |
|  CDP Financial, Inc., 4.20%, 12/02/2030 | CDP Financial, Inc., 4.20%, 12/02/2030 | 100000 |  | 75794 |
|  New Zealand Government Bond, 3.50%, 04/14/2033 | New Zealand Government Bond, 3.50%, 04/14/2033 | 265000 |  | 149108 |
|  Norway Government Bond, 3.00%, 08/15/2033 <sup>(b)</sup> | Norway Government Bond, 3.00%, 08/15/2033 <sup>(b)</sup> | 1035000 |  | 96763 |
|  NOTA DO TESOURO NACIONAL (PRICES NEAR 1000), 10.00%, 01/01/2027 | NOTA DO TESOURO NACIONAL (PRICES NEAR 1000), 10.00%, 01/01/2027 | 4920000 |  | 884931 |
|  Ontario Teachers' Finance Trust, 2.00%, 04/16/2031 <sup>(b)</sup> | Ontario Teachers' Finance Trust, 2.00%, 04/16/2031 <sup>(b)</sup> | 250000 |  | 224892 |
|  Province of British Columbia Canada, 4.20%, 07/06/2033 | Province of British Columbia Canada, 4.20%, 07/06/2033 | 145000 |  | 144064 |
|  Province of Ontario Canada, 3.45%, 06/02/2045 | Province of Ontario Canada, 3.45%, 06/02/2045 | 160000 |  | 100686 |
| Queensland Treasury Corp. | Queensland Treasury Corp. | Queensland Treasury Corp. | Queensland Treasury Corp. | Queensland Treasury Corp. |
| &nbsp;&nbsp; 3.25%, 05/21/2035 <sup>(b)</sup> | &nbsp;&nbsp; 3.25%, 05/21/2035 <sup>(b)</sup> | 100000 |  | 116942 |
| &nbsp;&nbsp; 5.25%, 08/13/2038 <sup>(b)</sup> | &nbsp;&nbsp; 5.25%, 08/13/2038 <sup>(b)</sup> | 135000 |  | 88572 |
|  Republic of Austria Government Bond, 2.90%, 02/20/2033 <sup>(b)</sup> | Republic of Austria Government Bond, 2.90%, 02/20/2033 <sup>(b)</sup> | 50000 |  | 59167 |
|  Treasury Corp. of Victoria, 4.75%, 09/15/2036 | Treasury Corp. of Victoria, 4.75%, 09/15/2036 | 450000 |  | 289344 |
| **TOTAL FOREIGN GOVERNMENT AGENCY ISSUES** (Cost $2,164,400) | **TOTAL FOREIGN GOVERNMENT AGENCY ISSUES** (Cost $2,164,400) | **TOTAL FOREIGN GOVERNMENT AGENCY ISSUES** (Cost $2,164,400) |  | 2230263 |
| **PREFERRED STOCKS - 0.8%** | **PREFERRED STOCKS - 0.8%** | **Shares** |  | **Value**  |
| **Financial - 0.8%** | **Financial - 0.8%** | **Financial - 0.8%** | **Financial - 0.8%** |  |
|  Bank of Hawaii Corp., 8.00%, Perpetual <sup>(k)</sup> | Bank of Hawaii Corp., 8.00%, Perpetual <sup>(k)</sup> | 4900 |  | 128135 |
|  Citizens Financial Group, Inc., Series I, 6.50% to 10/06/2030 then 5 yr. CMT Rate + 2.63%, Perpetual <sup>(k)</sup> | Citizens Financial Group, Inc., Series I, 6.50% to 10/06/2030 then 5 yr. CMT Rate + 2.63%, Perpetual <sup>(k)</sup> | 12725 |  | 321306 |
|  Comerica, Inc., Series B, 6.88% to 10/01/2030 then 5 yr. CMT Rate + 3.13%, Perpetual <sup>(k)</sup> | Comerica, Inc., Series B, 6.88% to 10/01/2030 then 5 yr. CMT Rate + 3.13%, Perpetual <sup>(k)</sup> | 11000 |  | 277530 |
|  First Busey Corp., Series B, 8.25%, Perpetual <sup>(k)</sup> | First Busey Corp., Series B, 8.25%, Perpetual <sup>(k)</sup> | 4950 |  | 126473 |
|  Live Oak Bancshares, Inc., Series A, 8.38%, Perpetual <sup>(a)(k)</sup> | Live Oak Bancshares, Inc., Series A, 8.38%, Perpetual <sup>(a)(k)</sup> | 3625 |  | 94468 |
|  UMB Financial Corp., 7.75% to 07/15/2030 then 5 yr. CMT Rate + 3.74%, Perpetual <sup>(k)</sup> | UMB Financial Corp., 7.75% to 07/15/2030 then 5 yr. CMT Rate + 3.74%, Perpetual <sup>(k)</sup> | 7375 |  | 204951 |
|  WesBanco, Inc., Series B, 7.38% to 10/01/2030 then 5 yr. CMT Rate + 3.80%, Perpetual <sup>(k)</sup> | WesBanco, Inc., Series B, 7.38% to 10/01/2030 then 5 yr. CMT Rate + 3.80%, Perpetual <sup>(k)</sup> | 10650 |  | 270297 |
|  Wintrust Financial Corp., Series F, 7.88% to 07/15/2030 then 5 yr. CMT Rate + 3.88%, Perpetual <sup>(k)</sup> | Wintrust Financial Corp., Series F, 7.88% to 07/15/2030 then 5 yr. CMT Rate + 3.88%, Perpetual <sup>(k)</sup> | 4250 |  | 115430 |
| **TOTAL PREFERRED STOCKS** (Cost $1,486,875) | **TOTAL PREFERRED STOCKS** (Cost $1,486,875) | **TOTAL PREFERRED STOCKS** (Cost $1,486,875) |  | 1538590 |
| **CONVERTIBLE BONDS - 0.6%** | **CONVERTIBLE BONDS - 0.6%** | **Par** |  | **Value**  |
| **Consumer, Cyclical - 0.1%** | **Consumer, Cyclical - 0.1%** | **Consumer, Cyclical - 0.1%** | **Consumer, Cyclical - 0.1%** | **Consumer, Cyclical - 0.1%** |
|  Burlington Stores, Inc., 1.25%, 12/15/2027 | Burlington Stores, Inc., 1.25%, 12/15/2027 | 110000 |  | 147898 |
|  Marriott Vacations Worldwide Corp., 3.25%, 12/15/2027 | Marriott Vacations Worldwide Corp., 3.25%, 12/15/2027 | 135000 |  | 128164 |
|  |  |  |  | 276062 |
| **Utilities - 0.5%** | **Utilities - 0.5%** | **Utilities - 0.5%** | **Utilities - 0.5%** | **Utilities - 0.5%** |
| CenterPoint Energy, Inc. | CenterPoint Energy, Inc. | CenterPoint Energy, Inc. | CenterPoint Energy, Inc. | CenterPoint Energy, Inc. |
| &nbsp;&nbsp; 4.25%, 08/15/2026 | &nbsp;&nbsp; 4.25%, 08/15/2026 | 170000 |  | 188200 |
| &nbsp;&nbsp; 3.00%, 08/01/2028 <sup>(b)</sup> | &nbsp;&nbsp; 3.00%, 08/01/2028 <sup>(b)</sup> | 130000 |  | 131403 |
|  FirstEnergy Corp., 3.88%, 01/15/2031 <sup>(b)</sup> | FirstEnergy Corp., 3.88%, 01/15/2031 <sup>(b)</sup> | 170000 |  | 182580 |
| Southern Co. | Southern Co. | Southern Co. | Southern Co. | Southern Co. |
| &nbsp;&nbsp; 4.50%, 06/15/2027 | &nbsp;&nbsp; 4.50%, 06/15/2027 | 140000 |  | 155890 |
| &nbsp;&nbsp; 3.25%, 06/15/2028 <sup>(b)</sup> | &nbsp;&nbsp; 3.25%, 06/15/2028 <sup>(b)</sup> | 100000 |  | 101448 |
|  TXNM Energy, Inc., 5.75%, 06/01/2054 | TXNM Energy, Inc., 5.75%, 06/01/2054 | 105000 |  | 136572 |
|  |  |  |  | 896093 |
| **TOTAL CONVERTIBLE BONDS** (Cost $1,059,908) | **TOTAL CONVERTIBLE BONDS** (Cost $1,059,908) | **TOTAL CONVERTIBLE BONDS** (Cost $1,059,908) |  | 1172155 |
| **CONVERTIBLE PREFERRED STOCKS - 0.6%** | **CONVERTIBLE PREFERRED STOCKS - 0.6%** | **Shares** |  | **Value**  |
| **Consumer, Cyclical - 0.2%** | **Consumer, Cyclical - 0.2%** | **Consumer, Cyclical - 0.2%** | **Consumer, Cyclical - 0.2%** |  |
|  QXO, Inc., 5.50%, 05/15/2028 <sup>(k)</sup> | QXO, Inc., 5.50%, 05/15/2028 <sup>(k)</sup> | 5350 |  | 294197 |
| **Industrial - 0.1%** | **Industrial - 0.1%** | **Industrial - 0.1%** | **Industrial - 0.1%** |  |
|  Boeing Co., 6.00%, 10/15/2027 <sup>(k)</sup> | Boeing Co., 6.00%, 10/15/2027 <sup>(k)</sup> | 1800 |  | 125226 |
| **Technology - 0.1%** | **Technology - 0.1%** | **Technology - 0.1%** | **Technology - 0.1%** |  |
|  Hewlett Packard Enterprise Co., 7.63%, 09/01/2027 <sup>(k)</sup> | Hewlett Packard Enterprise Co., 7.63%, 09/01/2027 <sup>(k)</sup> | 2750 |  | 186725 |
| **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** | **Utilities - 0.2%** |  |
|  NextEra Energy, Inc., 7.23%, 11/01/2027 <sup>(k)</sup> | NextEra Energy, Inc., 7.23%, 11/01/2027 <sup>(k)</sup> | 8650 |  | 406809 |
| **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $885,822) | **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $885,822) | **TOTAL CONVERTIBLE PREFERRED STOCKS** (Cost $885,822) |  | 1012957 |
| **PURCHASED OPTIONS - 0.1% <sup>(k)</sup>** | **Notional Amount** | **Contracts** |  | **Value**  |
| **Call Options - 0.0% <sup>(l)</sup>** | **Call Options - 0.0% <sup>(l)</sup>** |  |  |  |
|  10-Year Forward Interest Rate Swap, Counterparty: Bank of America, Pay Fixed; Expiration: 07/16/2027; Exercise Rate: 4.10% | $587900 | 587900 |  | 28188 |
|  10-Year Forward Interest Rate Swap, Counterparty: Barclays Capital, Inc., Pay Fixed; Expiration: 11/27/2034; Exercise Rate: 2.36% | 678000 | 678000 |  | 8297 |
|  10-Year Forward Interest Rate Swap, Counterparty: J.P. Morgan Securities, Inc., Pay SOFR; Expiration: 08/14/2034; Exercise Rate: 2.38% | 641560 | 641560 |  | 7878 |
|  Interest Rate Swap - Forward Volatility Agreement 5Y5Y30Y, Counterparty: Barclays Capital, Inc., Pay SOFR; Expiration: 06/14/2027; Exercise Rate: 0.00% | 775000 | 775000 |  | 15278 |
|  MC 5YX5Y, Counterparty: Morgan Stanley, Pay 6 mo. EURIBOR; Expiration: 05/20/2026; Exercise Rate: 2.50% | 1194000 | 1194000 |  | 2373 |
|  USD/CNH, Counterparty: J.P. Morgan Securities, Inc., Expiration: 11/04/2025; Exercise Price: $7.40 | 650000 | 650000 |  | 8 |
| **Total Call Options** |  |  |  | 62022 |
| **Put Options - 0.1%** | **Put Options - 0.1%** |  |  |  |
|  10-Year Forward Interest Rate Swap, Counterparty: Bank of America, Receive SOFR; Expiration: 07/16/2027; Exercise Rate: 4.10% | 587900 | 587900 |  | 15180 |
|  30-Year Forward Interest Rate Swap, Counterparty: J.P. Morgan Securities, Inc., Receive Fixed; Expiration: 08/30/2027; Exercise Rate: 4.65% | 598400 | 598400 |  | 21355 |
|  CDX NA HY Series 44, Counterparty: Morgan Stanley, Receive Floating; Expiration: 10/15/2025; Exercise Rate: 104.00% | 684000 | 684000 |  | 69 |
|  CDX NA HY Series 44, Counterparty: Citibank Global Markets, Inc., Receive Floating; Expiration: 10/15/2025; Exercise Rate: 104.00% | 407000 | 407000 |  | 41 |
|  Interest Rate Swap - Forward Volatility Agreement 5Y5Y30Y, Counterparty: Barclays Capital, Inc., Receive Floating; Expiration: 05/25/2027; Exercise Rate: 0.00% | 2436500 | 2436500 |  | 37787 |
|  USD/JPY, Counterparty: Goldman Sachs, Expiration: 11/04/2025; Exercise Price: $143.00 | 559000 | 559000 |  | 1698 |
|  USD/JPY, Counterparty: Morgan Stanley, Expiration: 10/13/2025; Exercise Price: $125.00 | 32000 | 32000 |  | 0 |
| **Total Put Options** |  |  |  | 76130 |
| **TOTAL PURCHASED OPTIONS** (Cost $30,119) | **TOTAL PURCHASED OPTIONS** (Cost $30,119) | **TOTAL PURCHASED OPTIONS** (Cost $30,119) |  | 138152 |
| **SHORT-TERM INVESTMENTS - 2.8%** | **SHORT-TERM INVESTMENTS - 2.8%** | **Par** |  | **Value**  |
| **U.S Treasury Bills – 2.8%**<br> 4.22%, 10/30/2025 <sup>(m)</sup> | **U.S Treasury Bills – 2.8%**<br> 4.22%, 10/30/2025 <sup>(m)</sup> | 5300000 |  | 5282666 |
| **TOTAL SHORT-TERM INVESTMENTS** (Cost $5,282,135) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $5,282,135) | **TOTAL SHORT-TERM INVESTMENTS** (Cost $5,282,135) |  | 5282666 |
| **TOTAL INVESTMENTS - 95.6% (**Cost $182,540,653**)** | **TOTAL INVESTMENTS - 95.6% (**Cost $182,540,653**)** | **TOTAL INVESTMENTS - 95.6% (**Cost $182,540,653**)** |  | 177660603 |
| Money Market Deposit Account - 4.3% <sup>(n)(o)</sup> | Money Market Deposit Account - 4.3% <sup>(n)(o)</sup> | Money Market Deposit Account - 4.3% <sup>(n)(o)</sup> |  | 7913992 |
| Liabilities in Excess of Other Assets - (0.0) <sup>(l)</sup> | Liabilities in Excess of Other Assets - (0.0) <sup>(l)</sup> | Liabilities in Excess of Other Assets - (0.0) <sup>(l)</sup> | (0.00002) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3165) |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% |  | $185571430 |

---

---

| |
|:---|
| two |
| Par amount is in USD unless otherwise indicated. |
| Percentages are stated as a percent of net assets. |

---

---

| |
|:---|
| ASA - Advanced Subscription Agreement<br> CMT - Constant Maturity Treasury |
| EURIBOR - Euro Interbank Offered Rate |
| LIBOR - London Interbank Offered Rate |
| LLC - Limited Liability Company |
| LP - Limited Partnership |
| PLC - Public Limited Company |
| REIT - Real Estate Investment Trust |
| SOFR - Secured Overnight Financing Rate |
| USISSO05- 5 Year US Dollar SOFR Swap Rate |
| AUD - Australian Dollar |
| BRL - Brazilian Real |
| CAD - Canadian Dollar |
| CNY - Chinese Yuan Renminbi |
| CZK - Czech Republic Koruna |
| EUR - Euro |
| GBP - British Pound |
| IDR - Indonesian Rupiah |
| INR - Indian Rupee |
| JPY - Japanese Yen |
| MXN - Mexican Peso |
| NOK - Norwegian Krone |
| NZD - New Zealand Dollar |
| PHP - Philippine Peso |

---

(a) All or a portion of this security is on loan as of September 30, 2025. The fair value of these securities was $655,118.

(b) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of September 30, 2025, the value of these securities total $62,119,310 or 33.5% of the Fund's net assets.

(c) Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities
 represented $300,411 or 0.2% of net assets as of September 30, 2025.

(d) Zero coupon bonds make no periodic interest payments.

(e) Securities referencing LIBOR are expected to transition to an alternative reference rate by the security's next scheduled coupon reset date.

(f) Step coupon bond. The rate disclosed is as of September 30, 2025.

(g) Coupon rate is variable based on the weighted average coupon of the underlying collateral. To the extent the weighted average coupon of the underlying assets which comprise the collateral
 increases or decreases, the coupon rate of this security will increase or decrease correspondingly. The rate disclosed is as of September 30, 2025.

(h) Interest only security.

(i) Inverse floating rate security whose interest rate moves in the opposite direction of reference interest rates. Reference interest rates are typically based on a negative multiplier or slope.
 Interest rate may also be subject to a cap or floor.

(j) Rounds to zero.

(k) Non-income producing security.

(l) Represents less than 0.05% of net assets.

(m) The rate shown is the annualized yield as of September 30, 2025.

(n) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of September 30, 2025 was 3.99%.

(o) All or a portion of this deposit account was purchased using proceeds from securities lending. The fair value of this deposit held from securities lending as of September 30, 2025 is $668,195
 which represented 0.4% of net assets.

------

---

| | | | |
|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** | **Schedule of Written Options** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **WRITTEN OPTIONS - (0.1)%** | **Notional Amount** | **Contracts** | **Value** |
| **Call Options - (0.0)%<sup>(a)</sup>** | **Call Options - (0.0)%<sup>(a)</sup>** | **Call Options - (0.0)%<sup>(a)</sup>** | **Call Options - (0.0)%<sup>(a)</sup>** |
| 1-Year Forward Interest Rate Swap Counterparty: J.P. Morgan Securities, Inc.; |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 08/12/2027; Exercise Rate: 3.23% | $(1496000) | (1496000) | $(6699) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 08/12/2027; Exercise Rate: 3.25% | (2991000) | (2991000) | (13394) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 08/23/2027; Exercise Rate: 3.17% | (1496000) | (1496000) | (6763) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 08/27/2027; Exercise Rate: 3.13% | (1496000) | (1496000) | (5900) |
| 1-Year Forward Interest Rate Swap Counterparty: Deutsche Bank; |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 09/08/2026; Exercise Rate: 2.00% | (6172000) | (6172000) | (3098) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 09/25/2026; Exercise Rate: 2.50% | (6172000) | (6172000) | (7135) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Receive SOFR; Expiration: 09/23/2027; Exercise Rate: 3.16% | (2992000) | (2992000) | (12264) |
|  MC 10YX10Y, Counterparty: Morgan Stanley, Receive 6 mo. EURIBOR; Expiration: 05/20/2026; Exercise Rate: 2.30% | (597000) | (597000) | (1191) |
| USD/CNH, Counterparty: J.P. Morgan Securities, Inc.; Expiration: 11/04/2025; Exercise Price: $7.65 | (650000) | (650000) | (1) |
| **Total Call Options** |  |  | (56445) |
| **Put Options - (0.1)%** | **Put Options - (0.1)%** | **Put Options - (0.1)%** | **Put Options - (0.1)%** |
|  10-Year Forward Interest Rate Swap, Counterparty: J.P. Morgan Securities, Inc., Pay SOFR; Expiration: 08/14/2034; Exercise Rate: 5.54% | (641560) | (641560) | (22949) |
|  10-Year Forward Interest Rate Swap, Counterparty: Barclays Capital, Inc., Pay SOFR; Expiration: 11/27/2034; Exercise Rate: 5.36% | (678000) | (678000) | (26417) |
| 1-Year Forward Interest Rate Swap Counterparty: J.P. Morgan Securities, Inc.; |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 08/12/2027; Exercise Rate: 3.25% | (1496000) | (1496000) | (6150) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 08/12/2027; Exercise Rate: 3.25% | (2991000) | (2991000) | (12296) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 08/23/2027; Exercise Rate: 3.17% | (1496000) | (1496000) | (6153) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 08/27/2027; Exercise Rate: 3.13% | (1496000) | (1496000) | (7058) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 08/30/2027; Exercise Rate: 3.60% | (10771200) | (10771200) | (31204) |
| 1-Year Forward Interest Rate Swap Counterparty: Nomura Inc.; |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 09/08/2026; Exercise Rate: 3.62% | (3086000) | (3086000) | (3731) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay SOFR; Expiration: 09/08/2026; Exercise Rate: 3.63% | (6172000) | (6172000) | (7320) |
|  1-Year Forward Interest Rate Swap, Counterparty: Deutsche Bank, Pay SOFR; Expiration: 09/23/2027; Exercise Rate: 3.16% | (2992000) | (2992000) | (14146) |
|  1-Year Forward Interest Rate Swap, Counterparty: Goldman Sachs, Pay 3 Mo. EURIBOR; Expiration: 07/21/2026; Exercise Rate: 2.15% | (5969000) | (5969000) | (4226) |
|  2-Year Forward Interest Rate Swap, Counterparty: Mizuho Capital Markets, Pay SOFR; Expiration: 10/03/2025; Exercise Rate: 3.70% | (1441000) | (1441000) | 0 |
|  CDX NA HY Series 44, Counterparty: Goldman Sachs, Pay Fixed; Expiration: 11/19/2025; Exercise Rate: 106.50% | (491000) | (491000) | (5577) |
|  CDX NA HY Series 44, Counterparty: Morgan Stanley, Pay Fixed; Expiration: 10/15/2025; Exercise Rate: 106.00% | (684000) | (684000) | (11999) |
|  CDX NA HY Series 44, Counterparty: Royal Bank of Canada Investment Management (USA) Ltd., Pay Fixed; Expiration: 11/19/2025; Exercise Rate: 106.50% | (624000) | (624000) | (7087) |
| CDX NA HY Series 44 Counterparty: Citibank Global Markets, Inc.; |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay Floating; Expiration: 10/15/2025; Exercise Rate: 106.00% | (407000) | (407000) | (7139) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pay Floating; Expiration: 11/19/2025; Exercise Rate: 107.00% | (1040000) | (1040000) | (7912) |
|  CDX NA HY Series 45, Counterparty: BNP Paribas Securities Corp., Pay 0; Expiration: 11/19/2025; Exercise Rate: 106.50% | (552000) | (552000) | (3036) |
| EUR/USD, Counterparty: Goldman Sachs; Expiration: 10/20/2025; Exercise Price: $1.15 | (2999706) | (2555000) | (1932) |
| EUR/USD, Counterparty: J.P. Morgan Securities, Inc.; Expiration: 10/20/2025; Exercise Price: $1.16 | (4561198) | (3885000) | (7444) |
|  iTraxx Crossover Series 43, Counterparty: Deutsche Bank, Pay Floating; Expiration: 10/15/2025; Exercise Rate: 287.50% | (930420) | (930420) | (21957) |
| USD/JYP, Counterparty: Goldman Sachs; Expiration: 11/04/2025; Exercise Price: $140.00 | (559000) | (559000) | (624) |
| **Total Put Options** |  |  | (216357) |
| **TOTAL WRITTEN OPTIONS** (Premiums received $61,357) |  |  | $(272802) |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** | **Schedule of Futures Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Description** | **Contracts Purchased** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;10 Year U.S. Ultra Treasury Notes | 11 | 12/19/2025 | $1265859 | $(8446) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-Bund | 21 | 12/08/2025 | 3169909 | (9726) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 2 Year Notes | 248 | 12/31/2025 | 51682812 | (14830) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 5 Year Note | 240 | 12/31/2025 | 26206875 | (13317) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bonds | 42 | 12/19/2025 | 4896938 | 85137 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Ultra Bonds | 15 | 12/19/2025 | 1800938 | 9904 |
|  |  |  |  | $48722 |
|  |  |  |  | – |
| **Description** | **Contracts Sold** | **Expiration Date** | **Notional Value** | **Value / Unrealized**<br> **Appreciation**<br> (Depreciation) |
| &nbsp;&nbsp;&nbsp;&nbsp;10 Year U.S. Ultra Treasury Notes | (66) | 12/19/2025 | $7595156 | $(43108) |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian 10 Year Government Bonds | (4) | 12/18/2025 | 351972 | (7047) |
| &nbsp;&nbsp;&nbsp;&nbsp;Euro-BTP Italian Government Bonds | (9) | 12/08/2025 | 1266287 | (8147) |
| &nbsp;&nbsp;&nbsp;&nbsp;French Government Bonds | (17) | 12/08/2025 | 2422014 | 7231 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 10 Year Notes | (52) | 12/19/2025 | 5850000 | (16798) |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury 2 Year Notes | (2) | 12/31/2025 | 416797 | 1138 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Long Bonds | (25) | 12/19/2025 | 2914844 | (20052) |
|  |  |  |  | $(86783) |
| **Net Unrealized Appreciation (Depreciation)** |  | $– | $– | $(38061) |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** | **Schedule of Forward Currency Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Counterparty** | **Settlement Date** | **Currency Purchased** | **Currency Purchased** | **Currency Sold** | **Currency Sold** | **Unrealized**<br> **Appreciation**<br> (Depreciation) |
| Barclays Capital, Inc. | 11/07/2025 | USD | 1621 | CNY | 11499 | $2 |
| Barclays Capital, Inc. | 12/17/2025 | USD | 106973 | EUR | 90514 | 218 |
| Barclays Capital, Inc. | 12/17/2025 | USD | 315356 | GBP | 231767 | 3625 |
| Barclays Capital, Inc. | 12/17/2025 | USD | 288501 | NOK | 2858844 | 1970 |
| Barclays Capital, Inc. | 12/17/2025 | USD | 257144 | NZD | 428470 | 7962 |
| Barclays Capital, Inc. | 12/17/2025 | USD | 758281 | SGD | 967832 | 3543 |
| BNP Paribas Securities Corp. | 11/07/2025 | MXN | 4687981 | USD | 254617 | 288 |
| BNY Mellon Capital Markets LLC | 12/17/2025 | USD | 53873 | EUR | 46000 | (381) |
| BNY Mellon Capital Markets LLC | 12/17/2025 | USD | 45293 | GBP | 33406 | 362 |
| Citibank Global Markets, Inc. | 12/17/2025 | AUD | 639935 | USD | 418652 | 5187 |
| Citibank Global Markets, Inc. | 12/17/2025 | MXN | 5952395 | USD | 320328 | 1958 |
| Citibank Global Markets, Inc. | 12/17/2025 | NOK | 3013495 | USD | 305416 | (3385) |
| Deutsche Bank | 11/10/2025 | USD | 125418 | TRY | 5914715 | (11989) |
| Goldman Sachs | 11/10/2025 | TRY | 5907190 | USD | 125418 | 11814 |
| Goldman Sachs | 11/07/2025 | USD | 342669 | BRL | 1891363 | (9315) |
| Goldman Sachs | 01/05/2026 | USD | 960398 | BRL | 5978000 | (136878) |
| Goldman Sachs | 10/22/2025 | USD | 710644 | EUR | 596000 | 9917 |
| Goldman Sachs | 11/07/2025 | USD | 494531 | MXN | 9201027 | (5768) |
| Goldman Sachs | 12/17/2025 | USD | 315428 | NOK | 3140623 | 655 |
| Goldman Sachs | 12/17/2025 | USD | 534588 | SGD | 684535 | 772 |
| HSBC Bank | 12/17/2025 | USD | 593777 | AUD | 895904 | 404 |
| HSBC Bank | 12/17/2025 | USD | 737610 | EUR | 624880 | 606 |
| HSBC Bank | 12/17/2025 | USD | 96630 | GBP | 70748 | 1472 |
| HSBC Bank | 12/17/2025 | USD | 568711 | SGD | 725908 | 2631 |
| J.P. Morgan Securities, Inc. | 10/22/2025 | EUR | 894000 | USD | 1060868 | (9777) |
| J.P. Morgan Securities, Inc. | 12/17/2025 | USD | 73976 | AUD | 113000 | (866) |
| J.P. Morgan Securities, Inc. | 10/22/2025 | USD | 2110512 | EUR | 1788000 | 8331 |
| J.P. Morgan Securities, Inc. | 12/17/2025 | USD | 209265 | EUR | 177257 | 202 |
| J.P. Morgan Securities, Inc. | 12/17/2025 | USD | 227459 | GBP | 167657 | 1957 |
| J.P. Morgan Securities, Inc. | 12/17/2025 | USD | 510131 | MXN | 9624494 | (10976) |
| Morgan Stanley | 12/17/2025 | USD | 802449 | AUD | 1199872 | 7754 |
| Morgan Stanley | 11/07/2025 | USD | 329432 | COP | 1298154790 | 11 |
| Morgan Stanley | 12/17/2025 | USD | 507949 | GBP | 374671 | 4009 |
| Morgan Stanley | 11/07/2025 | USD | 216373 | MXN | 4055459 | (4140) |
| Morgan Stanley | 12/17/2025 | USD | 341498 | NZD | 576430 | 6268 |
| Morgan Stanley | 11/07/2025 | USD | 70 | PEN | 247 | (1) |
| Royal Bank of Canada Investment Management (USA) Ltd. | 10/31/2025 | JPY | 5 | USD | 0 | 0 |
| Royal Bank of Canada Investment Management (USA) Ltd. | 12/17/2025 | NOK | 1947838 | USD | 194600 | 624 |
| Royal Bank of Canada Investment Management (USA) Ltd. | 10/22/2025 | USD | 351541 | EUR | 298000 | 1178 |
| Royal Bank of Canada Investment Management (USA) Ltd. | 12/17/2025 | USD | 516917 | EUR | 437416 | 1014 |
| Standard Chartered Securities N.A. | 10/22/2025 | EUR | 1192000 | USD | 1406656 | (5202) |
| Standard Chartered Securities N.A. | 10/31/2025 | EUR | 6138 | USD | 7291 | (70) |
| Standard Chartered Securities N.A. | 10/31/2025 | JPY | 30533 | USD | 210 | (2) |
| Standard Chartered Securities N.A. | 12/17/2025 | SGD | 32000 | USD | 25070 | (115) |
| Standard Chartered Securities N.A. | 12/17/2025 | USD | 239372 | MXN | 4504618 | (4526) |
| Standard Chartered Securities N.A. | 12/17/2025 | USD | 290908 | NOK | 2877226 | 2535 |
| State Street Bank & Trust Co. | 10/22/2025 | USD | 352245 | EUR | 298000 | 1881 |
| TD Securities | 12/17/2025 | USD | 274375 | NZD | 458231 | 7885 |
| UBS AG | 10/22/2025 | EUR | 596000 | USD | 703086 | (2359) |
| UBS AG | 10/22/2025 | USD | 351710 | EUR | 298000 | 1347 |
| UBS AG | 12/17/2025 | USD | 345862 | GBP | 254834 | 3105 |
| Wells Fargo | 11/07/2025 | COP | 1289742978 | USD | 333871 | (6585) |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | $(110848) |
| AUD - Australian Dollars | AUD - Australian Dollars | AUD - Australian Dollars | AUD - Australian Dollars | AUD - Australian Dollars | AUD - Australian Dollars | AUD - Australian Dollars |
| BRL - Brazilian Real | BRL - Brazilian Real | BRL - Brazilian Real | BRL - Brazilian Real | BRL - Brazilian Real | BRL - Brazilian Real | BRL - Brazilian Real |
| COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan | COP - Colombian Peso<br> CNY – Chinese Yuan |
| EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro | EUR - Euro |
| GBP - British Pound | GBP - British Pound | GBP - British Pound | GBP - British Pound | GBP - British Pound | GBP - British Pound | GBP - British Pound |
| JPY - Japanese Yen | JPY - Japanese Yen | JPY - Japanese Yen | JPY - Japanese Yen | JPY - Japanese Yen | JPY - Japanese Yen | JPY - Japanese Yen |
| MXN - Mexican Peso | MXN - Mexican Peso | MXN - Mexican Peso | MXN - Mexican Peso | MXN - Mexican Peso | MXN - Mexican Peso | MXN - Mexican Peso |
| NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone | NOK - Norwegian Krone |
| NZD - New Zealand Dollar | NZD - New Zealand Dollar | NZD - New Zealand Dollar | NZD - New Zealand Dollar | NZD - New Zealand Dollar | NZD - New Zealand Dollar | NZD - New Zealand Dollar |
| PEN - Peruvian Sol | PEN - Peruvian Sol | PEN - Peruvian Sol | PEN - Peruvian Sol | PEN - Peruvian Sol | PEN - Peruvian Sol | PEN - Peruvian Sol |
| SGD - Singapore Dollar | SGD - Singapore Dollar | SGD - Singapore Dollar | SGD - Singapore Dollar | SGD - Singapore Dollar | SGD - Singapore Dollar | SGD - Singapore Dollar |
| TRY - Turkish Lira | TRY - Turkish Lira | TRY - Turkish Lira | TRY - Turkish Lira | TRY - Turkish Lira | TRY - Turkish Lira | TRY - Turkish Lira |
| USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar | USD - United States Dollar |

---

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** | **Schedule of Centrally Cleared Interest Rate Swap Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Pay/ Receive**<br> **Floating Rate** | **Floating Rate**<br> **Index** | **Fixed Rate** | **Payment**<br> **Frequency** | **Maturity Date** | **Notional Amount** | **Upfront Premiums**<br> **Paid (Received)** | **Value** |
| Receive | SOFR | 3.70% | Annually | 05/05/2035 | $218543 | $0 | $(569) |
| Receive | SOFR | 3.74% | Annually | 07/20/2037 | 76400 | 0 | 512 |
| Receive | SOFR | 3.93% | Annually | 07/20/2037 | 135200 | 0 | (1181) |
| Receive | SOFR | 4.44% | Annually | 08/16/2044 | 256600 | 0 | 307 |
| Receive | SOFR | 4.45% | Annually | 11/29/2044 | 263000 | 0 | 354 |
| Receive | SOFR | 3.86% | Annually | 05/05/2055 | 103617 | 0 | 1675 |
| Pay | SOFR | 3.93% | Annually | 05/05/2045 | 262690 | 0 | (1468) |
| **Total Interest Rate Swaps** | **Total Interest Rate Swaps** | **Total Interest Rate Swaps** | **Total Interest Rate Swaps** | **Total Interest Rate Swaps** | **Total Interest Rate Swaps** | $0 | $(370) |
| The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. | The swaps are centrally cleared. Morgan Stanley is the counterparty for the swaps in the Fund. |
| SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate | SOFR - Secured Overnight Financing Rate |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** | **Schedule of Credit Default Swap Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Reference Obligation \*** | **Financing Rate**<br> **Received (Paid)** | **Payment Frequency** | **Maturity Date** | **Notional<br> Amount (b)** | **Value (c)** | **Premiums Paid**<br> (Received) | **Net Unrealized** <br> **Appreciation**<br> (Depreciation) |
| **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** | **Buy Protection (a):** |
| CDX NA HY Series 45 | 5.00% | Quarterly | 12/20/2030 | $3804000 | $291938 | $292426 | $(488) |
|  | 0.000% |  |  |  | $291938 | $292426 | $(488) |
| \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. | \* Centrally cleared swap. |

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---

| |
|:---|
| (a) If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation of underlying securities comprising the referenced index. |
| (b) The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| (c) The prices and resulting values for credit default swap agreements on credit indices serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** |
| **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** | **Schedule of Total Return Swap Contracts** |
| **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** |
| **Reference Entity** | **Counterparty** | **Pay/ Receive**<br> **Reference Entity** | **Financing Rate** | **Payment** <br> **Frequency** | **Maturity**<br> **Date** | **Notional Amount** | **Notional Amount** | **Value/ Unrealized Appreciation**<br> (Depreciation) | **Value/ Unrealized Appreciation**<br> (Depreciation) |
| IBOXHY Index-L-MS | Morgan Stanley | Receive | SOFR | Termination | 12/20/2025 | $| 3403960 | $| 160605 |
| **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** | **Net Unrealized Appreciation (Depreciation)** |  |  | 0 | $| 160605 |
| There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. | There are no upfront payments or receipts associated with total return swaps in the Fund as of September 30, 2025. |
| SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. | SOFR - Secured Overnight Financing Rate was 4.24% as of September 30, 2025. |

---

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | **Wilshire Income Opportunities Fund** | |
|  | | **Schedule of Over the Counter Volatility Swap Contracts** | **Schedule of Over the Counter Volatility Swap Contracts** | **Schedule of Over the Counter Volatility Swap Contracts** | **Schedule of Over the Counter Volatility Swap Contracts** | **Schedule of Over the Counter Volatility Swap Contracts** | **Schedule of Over the Counter Volatility Swap Contracts** | |
|  | | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | **September 30, 2025 (Unaudited)** | |
| **Reference Entity** | **Strike** | **Counterparty** | **Maturity Date** | **Payment** <br> **Frequency** | **Notional Amount** | <br>**Value** | <br>**Premiums Paid**<br> (Received) | **Value/ Unrealized Appreciation**<br> (Depreciation) |
| EUR/USD Volatility | 8.40% | Morgan Stanley | 02/10/2026 | Quarterly | $(1044000) | $65745 | $(88) | $65833 |
| USD/BRL Volatility | 15.30% | Morgan Stanley | 01/05/2026 | Quarterly | (464000) | 16959 | – | 16959 |
| USD/BRL Volatility | 15.30% | Bank of America Securities, Inc. | 01/05/2026 | Quarterly | (928000) | 33918 | – | 33918 |
| USD/BRL Volatility | 18.30% | Goldman Sachs | 06/24/2026 | Quarterly | (830000) | 41770 | (308) | 42078 |
| USD/INR Volatility | 4.33% | BNP Paribas Securities Corp. | 02/10/2026 | Quarterly | 1044000 | (26606) | <br> 45 | (26651) |
| **Net Unrealized Appreciation (Depreciation)** |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131786  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(351)  | $132137  |

---

------

#### Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
Wilshire Income Opportunities Fund (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| **Assets:** | | | | |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $54530285 | $2157 | $54532442 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Mortgage Obligations | – | 35175412 | 298254 | 35473666 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Mortgage-Backed Securities | – | 13468690 | – | 13468690 |
|  &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Securities | – | 13212816 | – | 13212816 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Asset-Backed Securities | – | 12348135 | – | 12348135 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Bank Loans | – | 12299947 | – | 12299947 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Debt Obligations | – | 12259765 | – | 12259765 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Registered Investment Companies | 6498468 | – | – | 6498468 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Collateralized Loan Obligations | – | 6191891 | – | 6191891 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Agency Issues | – | 2230263 | – | 2230263 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | 1538590 | – | – | 1538590 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Bonds | – | 1172155 | – | 1172155 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Convertible Preferred Stocks | 1012957 | – | – | 1012957 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Purchased Options | – | 138152 | – | 138152 |
|  Short-Term Investments | – | 5282666 | – | 5282666 |
| Total Investments | $9050015 | $168310177 | $300411 | $177660603 |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Total Return Swaps\* | $– | $160605 | $– | $160605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | 103410 | – | – | 103410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Currency Contracts\* | – | 101487 | – | 101487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volatility Swaps\* | – | 158788 | – | 158788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest Rate Swaps\* | – | 2848 | – | 2848 |
| Total Other Financial Instruments | $103410 | $423728 | $– | $527138 |
| **Liabilities:** |  |  |  |  |
| <u>Investments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Written Options | $– | $(272802) | $– | $(272802) |
| Total Investments | $– | $(272802) | $– | $(272802) |
| <u>Other Financial Instruments:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Forward Currency Contracts\* | $– | $(212335) | $– | $(212335) |
| &nbsp;&nbsp;&nbsp;&nbsp;Futures Contracts\* | (141471) | – | – | (141471) |
| &nbsp;&nbsp;&nbsp;&nbsp;Volatility Swaps\* | – | (26651) | – | (26651) |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest Rate Swaps\* | – | (3218) | – | (3218) |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Default Swaps\* | – | (488) | – | (488) |
| Total Other Financial Instruments | $(141471) | $(242692) | $– | $(384163) |
| \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025. | \* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025. |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Wilshire Mutual Funds Inc

- **b. Investment Company Act file number:** 811-07076

- **c. CIK number of Registrant:** 0000890453

- **d. LEI of Registrant:** 5493002LR0X1H0O6US42

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

  - **Street Address 1:** 1299 Ocean Avenue

  - **City:** Santa Monica

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90401-1085

  - **Telephone number:** 310-451-3051

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

- **a. Name of Series:** Wilshire Income Opportunities Fund

- **b. EDGAR series identifier (if any):** S000053356

- **c. LEI of Series:** 549300UBZCC7LD138K71

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $190049191.41

**Total Liabilities:** $6249261.89

**Net Assets:** $183799929.52

**Delayed Delivery Securities:** $944196.21

**Cash Not Reported:** $8328817.75

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2945.700000000000 | **1-Year:** 5487.520000000000 | **5-Year:** 11467.810000000000 | **10-Year:** 20608.970000000000 | **30-Year:** 13283.270000000000

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

- **3-Month:** 24092.480000000000 | **1-Year:** 3904.550000000000 | **5-Year:** 6982.840000000000 | **10-Year:** 1666.060000000000 | **30-Year:** 1140.570000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000167854 | -0.11%               | 1.33%                | 0.69%                |
| Class ID C000167855 | -0.11%               | 1.46%                | 0.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2695.42                | $-806199.28                                |
| Month 2  | $57403.39                | $1434555.13                                |
| Month 3  | $110535.06               | $354303.60                                 |

**Designated Index Information**

- **Index Name:** 70% BB Univ;10% BB US HY;10% S&P LSTA;10% BB EM

- **Index Identifier:** WBLEND01

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UBS GROUP AG                     | UBS Group AG                                                                     | CUSIP: 225401BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     310000 | PA      | $317750.00    | 0.17%             | 2030-02-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                     | UBS Group AG                                                                     | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     200000 | PA      | $205250.00    | 0.11%             | 2034-08-10      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC               | Meta Platforms Inc                                                               | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |      68000 | PA      | $66974.49     | 0.04%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga   | MF1 2024-FL16                                                                    | CUSIP: 55287EAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $98999.96     | 0.05%             | 2039-11-18      | Floating      | 7.73%                 | No            |                  2 | On Loan: No      |
| MC BRAZIL DWNSTRM                | MC Brazil Downstream Trading SARL                                                | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |     182442 | PA      | $155303.55    | 0.08%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MARS INC                         | Mars Inc                                                                         | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     155000 | PA      | $158324.44    | 0.09%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MARS INC                         | Mars Inc                                                                         | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |      36000 | PA      | $36366.48     | 0.02%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC         | Marsh & McLennan Cos Inc                                                         | CUSIP: 571748BY7<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |      70000 | PA      | $70799.61     | 0.04%             | 2027-11-08      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC           | Marvell Technology Inc                                                           | CUSIP: 573874AQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      66000 | PA      | $70689.17     | 0.04%             | 2033-09-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                       | MasTec Inc                                                                       | CUSIP: 576323AT6<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |      37000 | PA      | $38614.64     | 0.02%             | 2029-06-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO             | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20200.00     | 0.01%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC           | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |      60000 | PA      | $56550.00     | 0.03%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION            | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19950.00     | 0.01%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga   | MF1 2024-FL15                                                                    | CUSIP: 58003MAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $100156.18    | 0.05%             | 2041-08-18      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                  | McDonald's Corp                                                                  | CUSIP: 58013MFW9<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |      32000 | PA      | $31628.54     | 0.02%             | 2053-08-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION            | McGraw-Hill Education Inc                                                        | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5187.50      | 0.00%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MERCK & CO INC                   | Merck & Co Inc                                                                   | CUSIP: 58933YBT1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |      44000 | PA      | $45565.78     | 0.02%             | 2055-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI         | Mavis Tire Express Services Topco Corp                                           | CUSIP: 59155LAA0<br>LEI: 254900NVDM4GTLBL9E56 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9950.00      | 0.01%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                      | MetLife Inc                                                                      | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31936.68     | 0.02%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer   | MetroNet Infrastructure Issuer LLC                                               | CUSIP: 59170JAZ1<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |     135000 | PA      | $135909.71    | 0.07%             | 2055-08-20      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP              | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |      30000 | PA      | $29737.50     | 0.02%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD              | NCL Corp Ltd                                                                     | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      10000 | PA      | $10000.00     | 0.01%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD              | NCL Corp Ltd                                                                     | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      10000 | PA      | $10050.00     | 0.01%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP            | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $10250.00     | 0.01%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC            | Neighborly Issuer LLC                                                            | CUSIP: 64016NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     239375 | PA      | $224045.07    | 0.12%             | 2051-04-30      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| NETAPP INC                       | NetApp Inc                                                                       | CUSIP: 64110DAM6<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |      16000 | PA      | $16615.41     | 0.01%             | 2032-03-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                      | Netflix Inc                                                                      | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |      47000 | PA      | $47310.06     | 0.03%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd         | Neuberger Berman Loan Advisers Clo 44 Ltd                                        | CUSIP: 64133VAQ0<br>LEI: 549300HMTDFWN3B2DI35 | Long             | ABS-CBDO         | CORP              | KY        |     500000 | PA      | $500379.25    | 0.27%             | 2035-10-16      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9912.50      | 0.01%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      50000 | PA      | $53062.50     | 0.03%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEWMONT / NEWCREST FIN           | Newmont Corp / Newcrest Finance Pty Ltd                                          | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      34000 | PA      | $35478.29     | 0.02%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                        | News Corp                                                                        | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |     280000 | PA      | $268672.32    | 0.15%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |      45000 | PA      | $43818.75     | 0.02%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC               | NextEra Energy Inc                                                               | CUSIP: 65339F119<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |       8650 | NS      | $406809.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAPITAL           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |      74000 | PA      | $74733.04     | 0.04%             | 2027-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL           | NextEra Energy Capital Holdings Inc                                              | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |      90000 | PA      | $95400.00     | 0.05%             | 2055-08-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                     | NiSource Inc                                                                     | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |      63000 | PA      | $64890.57     | 0.04%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                     | NiSource Inc                                                                     | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |      18000 | PA      | $18720.00     | 0.01%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                     | NiSource Inc                                                                     | CUSIP: 65473PAU9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30410.58     | 0.02%             | 2055-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TXNM ENERGY INC                  | TXNM Energy Inc                                                                  | CUSIP: 69349HAF4<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | DBT              | CORP              | US        |     105000 | PA      | $136572.45    | 0.07%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS            | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10350.00     | 0.01%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBG4<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |      69000 | PA      | $69633.08     | 0.04%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC            | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |      85000 | PA      | $87868.75     | 0.05%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC            | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |      85000 | PA      | $87975.00     | 0.05%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC           | Radiology Partners Inc                                                           | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31012.50     | 0.02%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust              | RATE Mortgage Trust 2021-HB1                                                     | CUSIP: 75409XBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     403935 | PA      | $332426.12    | 0.18%             | 2051-12-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| ReadyCap Commercial Mortgage T   | Ready Capital Mortgage Financing 2023-FL11 LLC                                   | CUSIP: 75575RAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $99941.25     | 0.05%             | 2039-10-25      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| REDE D'OR FINANCE SARL           | Rede D'or Finance Sarl                                                           | CUSIP: 75735KAA7<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $99625.00     | 0.05%             | 2028-01-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP               | Regal Rexnord Corp                                                               | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |      65000 | PA      | $67076.36     | 0.04%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Renaissance Home Equity Loan T   | Renaissance Home Equity Loan Trust 2004-4                                        | CUSIP: 759950EQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     229997 | PA      | $204213.75    | 0.11%             | 2035-02-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| QXO INC                          | QXO Inc                                                                          | CUSIP: 82846H504<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       5350 | NS      | $294196.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC         | Trident TPI Holdings Inc                                                         | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |      20000 | PA      | $21275.00     | 0.01%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| TRITON CONTAINER/TAL INT         | Triton Container International Ltd / TAL International Container Corp            | CUSIP: 89681LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      36000 | PA      | $32086.04     | 0.02%             | 2032-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP            | Truist Financial Corp                                                            | CUSIP: 89788MAT9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |      66000 | PA      | $67808.86     | 0.04%             | 2032-08-05      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust    | UBS Commercial Mortgage Trust 2017-C3                                            | CUSIP: 90276GAY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $95320.60     | 0.05%             | 2050-08-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| UMB FINANCIAL CORP               | UMB Financial Corp                                                               | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               | CORP              | US        |       7375 | NS      | $204951.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UKG INC                          | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |      75000 | PA      | $77156.25     | 0.04%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust    | UBS Commercial Mortgage Trust 2018-C9                                            | CUSIP: 90291JAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2142754 | PA      | $36501.61     | 0.02%             | 2051-03-15      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust    | UBS Commercial Mortgage Trust 2018-C13                                           | CUSIP: 90353KBD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $92125.84     | 0.05%             | 2051-10-15      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC            | Uber Technologies Inc                                                            | CUSIP: 90353TAP5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     144000 | PA      | $144224.35    | 0.08%             | 2034-09-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                    | United States Treasury Bill                                                      | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5300000 | PA      | $5282666.03   | 2.87%             | 2025-10-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                  | United States Treasury Inflation Indexed Bonds                                   | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     184887 | PA      | $183601.26    | 0.10%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                  | United States Treasury Inflation Indexed Bonds                                   | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     183352 | PA      | $181160.76    | 0.10%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                  | United States Treasury Inflation Indexed Bonds                                   | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     239919 | PA      | $243705.02    | 0.13%             | 2027-10-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| XPO INC                          | XPO Inc                                                                          | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31237.50     | 0.02%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTI         | Yinson Bergenia Production BV                                                    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $213776.40    | 0.12%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                  | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     107000 | PA      | $106465.00    | 0.06%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                  | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     325000 | PA      | $303062.50    | 0.16%             | 2031-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                  | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     125000 | PA      | $121250.00    | 0.07%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Zaxby's Funding LLC              | Zaxbys Funding LLC                                                               | CUSIP: 98920MAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     144000 | PA      | $136344.20    | 0.07%             | 2051-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PAZ5<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |      67000 | PA      | $68403.05     | 0.04%             | 2034-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ZIMMER BIOMET HOLDINGS           | Zimmer Biomet Holdings Inc                                                       | CUSIP: 98956PBA9<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | DBT              | CORP              | US        |      95000 | PA      | $95652.65     | 0.05%             | 2027-02-19      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                       | Zoetis Inc                                                                       | CUSIP: 98978VAH6<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |      14000 | PA      | $12854.59     | 0.01%             | 2043-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: EJ6963270<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     205000 | PA      | $133289.47    | 0.07%             | 2032-12-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: ZS9578676<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     150000 | PA      | $79979.62     | 0.04%             | 2034-11-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: EK0887258<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     140000 | PA      | $87541.92     | 0.05%             | 2040-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: BH7332159<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     200000 | PA      | $85578.92     | 0.05%             | 2041-11-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MEXICAN UDIBONOS                 | Mexican Udibonos                                                                 | CUSIP: BN8404384<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    4697432 | PA      | $234373.44    | 0.13%             | 2031-11-27      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: ZN2715698<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     870000 | PA      | $509713.74    | 0.28%             | 2034-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: BZ6602487<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     450000 | PA      | $289343.99    | 0.16%             | 2036-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TREASURY CORP VICTORIA           | Treasury Corp of Victoria                                                        | CUSIP: ZF3175469<br>LEI: 549300ZJM7BQW1P9UV75 | Long             | DBT              | NUSS              | AU        |     245000 | PA      | $161231.22    | 0.09%             | 2038-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP         | New South Wales Treasury Corp                                                    | CUSIP: ZD5099407<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     145000 | PA      | $93028.70     | 0.05%             | 2037-02-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP         | New South Wales Treasury Corp                                                    | CUSIP: YQ1054523<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     145000 | PA      | $96262.09     | 0.05%             | 2038-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO FINANCING PARTNERS         | Ziggo Financing Partnership                                                      | CUSIP: N9833RAJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      87214 | PA      | $87089.52     | 0.05%             | 2028-04-28      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| X CORP                           | X Corp                                                                           | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      60000 | PA      | $58941.60     | 0.03%             | 2029-10-29      | Floating      | 10.96%                | No            |                  2 | On Loan: No      |
| NEP GROUP INC                    | NEP Group Inc                                                                    | CUSIP: 62908HAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      62785 | PA      | $62602.29     | 0.03%             | 2026-08-19      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| NEP GROUP INC                    | NEP Group Inc                                                                    | CUSIP: 62908HAM7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |       2657 | PA      | $2649.56      | 0.00%             | 2026-08-19      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| REALPAGE INC                     | RealPage Inc                                                                     | CUSIP: 75605VAH5<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |      19950 | PA      | $20038.58     | 0.01%             | 2028-04-24      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                      | McAfee Corp                                                                      | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |      28785 | PA      | $27579.88     | 0.02%             | 2029-03-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC            | Quikrete Holdings Inc                                                            | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |     404012 | PA      | $404218.54    | 0.22%             | 2032-02-10      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| TRUCORDIA INSURANCE HOLD         | Trucordia Insurance Holdings LLC                                                 | CUSIP: 89783WAB1<br>LEI: 254900KYYP47CV7DMK95 | Long             | LON              | CORP              | US        |      50000 | PA      | $50187.50     | 0.03%             | 2032-06-17      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                | Nexstar Media Inc                                                                | CUSIP: 65336RBB3<br>LEI: 5493006PK6I4I2OOT688 | Long             | LON              | CORP              | US        |      44888 | PA      | $44883.46     | 0.02%             | 2032-06-28      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC           | Radiology Partners Inc                                                           | CUSIP: 75041EAN2<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |      65000 | PA      | $64966.20     | 0.04%             | 2032-06-30      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP              | Medline Borrower LP                                                              | CUSIP: 58503UAJ2<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |     332649 | PA      | $332831.95    | 0.18%             | 2030-10-23      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| MEADE PIPELINE CO LLC            | Meade Pipeline Co LLC                                                            | CUSIP: N/A<br>LEI: 254900UZE9CEDHUYSZ47       | Long             | LON              | CORP              | US        |      35000 | PA      | $35021.88     | 0.02%             | 2032-09-22      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $13856.25     | 0.01%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CD Commercial Mortgage Trust     | CD 2017-CD4 Mortgage Trust                                                       | CUSIP: 12515DAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1300865 | PA      | $14824.79     | 0.01%             | 2050-05-10      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus   | CSAIL 2017-CX10 Commercial Mortgage Trust                                        | CUSIP: 12595JAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4001685 | PA      | $44774.45     | 0.02%             | 2050-11-15      | Variable      | 0.98%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus   | CSAIL 2018-CX12 Commercial Mortgage Trust                                        | CUSIP: 12595XAV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3968771 | PA      | $51582.52     | 0.03%             | 2051-08-15      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| CSX CORP                         | CSX Corp                                                                         | CUSIP: 126408HF3<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |      77000 | PA      | $61111.74     | 0.03%             | 2046-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC            | Caesars Entertainment Inc                                                        | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |      85000 | PA      | $83725.00     | 0.05%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $205450.00    | 0.11%             | 2085-10-28      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK           | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607PVQ4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |      36000 | PA      | $37143.07     | 0.02%             | 2031-01-13      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO         | Capital One Financial Corp                                                       | CUSIP: 14040HCH6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |      50000 | PA      | $48676.70     | 0.03%             | 2027-11-02      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| CAPITAL POWER US HOLDING         | Capital Power US Holdings Inc                                                    | CUSIP: 14041TAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      61000 | PA      | $62067.50     | 0.03%             | 2028-06-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP             | Capstone Copper Corp                                                             | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |      45000 | PA      | $46237.50     | 0.03%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC              | Cardinal Health Inc                                                              | CUSIP: 14149YAW8<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |      35000 | PA      | $30584.68     | 0.02%             | 2043-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC              | Cardinal Health Inc                                                              | CUSIP: 14149YBB3<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4284.74      | 0.00%             | 2044-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CARLISLE COS INC                 | Carlisle Cos Inc                                                                 | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |      14000 | PA      | $14127.55     | 0.01%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                    | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |      13000 | PA      | $13325.00     | 0.01%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                    | Carnival Corp                                                                    | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |      15000 | PA      | $15243.75     | 0.01%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE         | Caterpillar Financial Services Corp                                              | CUSIP: 14913UAY6<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |      56000 | PA      | $56596.90     | 0.03%             | 2028-03-03      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC         | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5020.71      | 0.00%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC         | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4969.23      | 0.00%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF COLOMBIA             | Colombia Government International Bond                                           | CUSIP: 195325DT9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     200000 | PA      | $130250.00    | 0.07%             | 2051-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE           | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      50000 | PA      | $52062.50     | 0.03%             | 2029-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DELL INC                         | Dell Inc                                                                         | CUSIP: 24702RAF8<br>LEI: 3E70L4WYANTIWWIPHC81 | Long             | DBT              | CORP              | US        |      17000 | PA      | $18420.40     | 0.01%             | 2038-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP          | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     110000 | PA      | $142584.75    | 0.08%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-A           | Delta Air Lines 2020-1 Class A Pass Through Trust                                | CUSIP: 247361ZW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      54820 | PA      | $52715.94     | 0.03%             | 2028-06-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC           | Diamondback Energy Inc                                                           | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |      75000 | PA      | $76031.40     | 0.04%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DIGICEL GROUP HOLDINGS           | Digicel Group Holdings Ltd                                                       | CUSIP: 25381HAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      33726 | PA      | $1527.54      | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| DIGICEL GROUP HOLDINGS           | Digicel Group Holdings Ltd                                                       | CUSIP: 25381HAR9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      97403 | PA      | $628.61       | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| DIRECTV FIN LLC/COINC            | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      17000 | PA      | $16957.50     | 0.01%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                    | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $8550.00      | 0.00%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                    | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $14362.50     | 0.01%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC            | Directv Financing LLC                                                            | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      60000 | PA      | $59250.00     | 0.03%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Flagstar Mortgage Trust          | Flagstar Mortgage Trust 2018-6RR                                                 | CUSIP: 33851FBP1<br>LEI: 549300H3PON1KOB2RF56 | Long             | ABS-MBS          | CORP              | US        |     399384 | PA      | $388446.97    | 0.21%             | 2048-10-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| FLORIDA GAS TRANSMISSION         | Florida Gas Transmission Co LLC                                                  | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15502.31     | 0.01%             | 2035-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLOWERS FOODS INC                | Flowers Foods Inc                                                                | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |      36000 | PA      | $36610.06     | 0.02%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BD5<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |      19000 | PA      | $19837.10     | 0.01%             | 2035-02-02      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES            | Huntington Bancshares Inc/OH                                                     | CUSIP: 446150BG8<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |     330000 | PA      | $328350.00    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HUSKY INJECTION / TITAN          | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      45000 | PA      | $47025.00     | 0.03%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA            | Indonesia Government International Bond                                          | CUSIP: 455780CW4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     100000 | PA      | $66805.20     | 0.04%             | 2051-03-12      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                       | MFA 2020-NQM3 Trust                                                              | CUSIP: 552757AC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      54503 | PA      | $52273.89     | 0.03%             | 2065-01-26      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortga   | MF1 2025-FL17 LLC                                                                | CUSIP: 55287HAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $99499.85     | 0.05%             | 2040-02-18      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                  | MARB BondCo PLC                                                                  | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $183490.00    | 0.10%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MARRIOTT VACATION WORLDW         | Marriott Vacations Worldwide Corp                                                | CUSIP: 57164YAF4<br>LEI: 549300WA6BT5H4F7IO94 | Long             | DBT              | CORP              | US        |     135000 | PA      | $128163.60    | 0.07%             | 2027-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL           | Marriott International Inc/MD                                                    | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      70000 | PA      | $71719.55     | 0.04%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL           | Marriott International Inc/MD                                                    | CUSIP: 571903BW2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      36000 | PA      | $35851.82     | 0.02%             | 2031-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD              | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     160000 | PA      | $164400.00    | 0.09%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management      | RCKT Mortgage Trust 2021-1                                                       | CUSIP: 749350BL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     435034 | PA      | $368303.95    | 0.20%             | 2051-03-25      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN         | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $25656.25     | 0.01%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCC Trust                       | ROCK Trust 2024-CNTR                                                             | CUSIP: 74970WAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $312118.86    | 0.17%             | 2041-11-13      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC            | Republic Services Inc                                                            | CUSIP: 760759BM1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      35000 | PA      | $36076.78     | 0.02%             | 2035-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Retained Vantage Data Centers    | Retained Vantage Data Centers Issuer LLC                                         | CUSIP: 76134KAC8<br>LEI: 254900N4NW6XZ9B4HM15 | Long             | ABS-O            | CORP              | US        |     100000 | PA      | $98272.20     | 0.05%             | 2048-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC            | Rio Tinto Finance USA PLC                                                        | CUSIP: 76720AAR7<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |      43000 | PA      | $43479.28     | 0.02%             | 2028-03-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC            | Rio Tinto Finance USA PLC                                                        | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |      21000 | PA      | $21500.43     | 0.01%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                | Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp                  | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      45000 | PA      | $45843.75     | 0.02%             | 2033-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE                | Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp                     | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $10090.80     | 0.01%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                   | Rocket Cos Inc                                                                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15525.00     | 0.01%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ROLLINS INC                      | Rollins Inc                                                                      | CUSIP: 775711AC8<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |      16000 | PA      | $16269.62     | 0.01%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEMPRA                           | Sempra                                                                           | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     110000 | PA      | $112475.00    | 0.06%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC              | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24608.65     | 0.01%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED MEXICAN STATES            | Mexico Government International Bond                                             | CUSIP: 91087BAF7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     250000 | PA      | $250689.00    | 0.14%             | 2029-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC         | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |      70000 | PA      | $69912.50     | 0.04%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD         | United Overseas Bank Ltd                                                         | CUSIP: 91127LAE0<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $195193.20    | 0.11%             | 2031-10-14      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM          | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     195000 | PA      | $184031.25    | 0.10%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC             | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9312.50      | 0.01%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC             | Wingstop Funding LLC                                                             | CUSIP: 974153AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     246250 | PA      | $238000.11    | 0.13%             | 2050-12-05      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| WINTRUST FINANCIAL CORP          | Wintrust Financial Corp                                                          | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |       4250 | NS      | $115430.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zayo Issuer LLC                  | Zayo Issuer LLC                                                                  | CUSIP: 98919WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      90000 | PA      | $91680.23     | 0.05%             | 2055-03-20      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES          | Philippine Government International Bond                                         | CUSIP: 718286BM8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    5000000 | PA      | $85054.98     | 0.05%             | 2036-01-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES          | Philippine Government International Bond                                         | CUSIP: ZS5626230<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     185000 | PA      | $211163.90    | 0.11%             | 2027-05-17      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT              | Canadian Government Bond                                                         | CUSIP: 135087R89<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      85000 | PA      | $62992.35     | 0.03%             | 2029-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CELLNEX FINANCE CO SA            | Cellnex Finance Co SA                                                            | CUSIP: BR3179453<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |     100000 | PA      | $106540.65    | 0.06%             | 2032-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: BP9145262<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     240000 | PA      | $124572.30    | 0.07%             | 2032-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT              | United Kingdom Gilt                                                              | CUSIP: ZN9056328<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     125000 | PA      | $155571.25    | 0.08%             | 2033-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT              | Canadian Government Bond                                                         | CUSIP: 135087L44<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      70000 | PA      | $44816.20     | 0.02%             | 2030-12-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF INDONESIA            | Indonesia Government International Bond                                          | CUSIP: BN3328919<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     100000 | PA      | $97832.70     | 0.05%             | 2033-03-12      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT              | Canadian Government Bond                                                         | CUSIP: 135087S88<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |     170000 | PA      | $122704.89    | 0.07%             | 2027-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT              | United Kingdom Gilt                                                              | CUSIP: ZF1280766<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     360000 | PA      | $482566.07    | 0.26%             | 2027-03-07      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: ZB1410586<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     590000 | PA      | $349882.51    | 0.19%             | 2035-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                   | Czech Republic Government Bond                                                   | CUSIP: BU6855664<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |   10460000 | PA      | $463205.08    | 0.25%             | 2035-05-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF AUSTRIA              | Republic of Austria Government Bond                                              | CUSIP: ZM2051344<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |      50000 | PA      | $59166.42     | 0.03%             | 2033-02-20      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: YV1744767<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     118000 | PA      | $68005.42     | 0.04%             | 2036-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT              | United Kingdom Gilt                                                              | CUSIP: ZB6713786<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      90000 | PA      | $121246.72    | 0.07%             | 2029-07-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNITED KINGDOM GILT              | United Kingdom Gilt                                                              | CUSIP: YX3339711<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |     125000 | PA      | $163522.96    | 0.09%             | 2034-07-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: QJ1094474<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     265000 | PA      | $149107.71    | 0.08%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CDP FINANCIAL INC                | CDP Financial Inc                                                                | CUSIP: ZG3913420<br>LEI: 549300OXMGVYFCBFV096 | Long             | DBT              | NUSS              | CA        |     100000 | PA      | $75794.35     | 0.04%             | 2030-12-02      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                 | CSN Resources SA                                                                 | CUSIP: BU2177212<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $169000.00    | 0.09%             | 2032-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                 | CSC Holdings LLC                                                                 | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |      23077 | PA      | $22385.00     | 0.01%             | 2027-04-15      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC          | Zayo Group Holdings Inc                                                          | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |      14638 | PA      | $14469.92     | 0.01%             | 2027-03-09      | Floating      | 7.43%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC            | Directv Financing LLC                                                            | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |       4361 | PA      | $4369.27      | 0.00%             | 2027-08-02      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| DEXKO GLOBAL INC                 | Dexko Global Inc                                                                 | CUSIP: 25213YAU9<br>LEI: 549300SMZ4OV1KBH1M19 | Long             | LON              | CORP              | US        |      32918 | PA      | $32510.29     | 0.02%             | 2028-10-04      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC          | Zayo Group Holdings Inc                                                          | CUSIP: 98919XAE1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |      36557 | PA      | $36677.91     | 0.02%             | 2027-03-09      | Floating      | 8.49%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                 | CSC Holdings LLC                                                                 | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |      49974 | PA      | $49777.27     | 0.03%             | 2028-01-18      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC             | Aramark Services Inc                                                             | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |      36666 | PA      | $36795.35     | 0.02%             | 2030-06-24      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| DELTA 2 LUX SARL                 | Delta 2 Lux Sarl                                                                 | CUSIP: L2465BAW6<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |      85000 | PA      | $85172.98     | 0.05%             | 2031-09-19      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| DELTA 2 LUX SARL                 | Delta 2 Lux Sarl                                                                 | CUSIP: L2465BAX4<br>LEI: 549300BBG8Z3D6QSYP53 | Long             | LON              | CORP              | LU        |      43000 | PA      | $43087.51     | 0.02%             | 2031-09-19      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| FLEETCOR TECHNOLOGIES INC        | Corpay Technologies Operating Co LLC                                             | CUSIP: 33903RAZ2<br>LEI: 549300FKKKZCXLK48427 | Long             | LON              | CORP              | US        |       9950 | PA      | $9945.37      | 0.01%             | 2028-04-28      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| ZELIS PAYMENTS BUYER INC         | Zelis Payments Buyer Inc                                                         | CUSIP: 98932TAH6<br>LEI: 549300U8NGLZN5R1Y309 | Long             | LON              | CORP              | US        |      54750 | PA      | $54818.38     | 0.03%             | 2031-11-26      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC              | United Airlines Inc                                                              | CUSIP: 90932RAP9<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |     162006 | PA      | $162714.41    | 0.09%             | 2031-02-24      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| WYNDHAM WORLDWIDE CORP           | Travel + Leisure Co                                                              | CUSIP: 98309GAF3<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | LON              | CORP              | US        |     243376 | PA      | $244243.46    | 0.13%             | 2029-12-14      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                     | MH Sub I LLC                                                                     | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |      62639 | PA      | $57784.57     | 0.03%             | 2031-12-31      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| HUNTER DOUGLAS INC               | Hunter Douglas Inc                                                               | CUSIP: N8137FAE0<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |      43822 | PA      | $43935.58     | 0.02%             | 2032-01-20      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| MADISON SAFETY & FLOW            | Madison Safety & Flow LLC                                                        | CUSIP: 55822DAM3<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |      20666 | PA      | $20716.06     | 0.01%             | 2031-09-26      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| CAMELOT US ACQUISITION LLC       | Camelot US Acquisition LLC                                                       | CUSIP: N/A<br>LEI: 549300U6VBJHQP2SFL81       | Long             | LON              | CORP              | US        |      40000 | PA      | $40006.20     | 0.02%             | 2031-01-31      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| FLUTTER FINANCING BV             | Flutter Financing BV                                                             | CUSIP: N3313EAJ9<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |      15000 | PA      | $15007.35     | 0.01%             | 2032-06-04      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| DG INVESTMENT INTERMEDI          | DG Investment Intermediate Holdings 2 Inc                                        | CUSIP: 23344MAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     115000 | PA      | $115527.28    | 0.06%             | 2032-07-12      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC              | Resideo Funding Inc                                                              | CUSIP: 76090LAM6<br>LEI: 5493000IFJ6XJKH66598 | Long             | LON              | CORP              | US        |      55000 | PA      | $55086.08     | 0.03%             | 2032-08-13      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| DEEP BLUE OPERATING I LL         | Deep Blue Operating I LLC                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      40000 | PA      | $40100.00     | 0.02%             | 2032-09-17      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                  | Cemex SAB de CV                                                                  | CUSIP: BP9277479<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $199250.00    | 0.11%             | 2026-06-08      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| CAP SA                           | CAP SA                                                                           | CUSIP: BP2326778<br>LEI: 54930079GPG23NTBB003 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $163250.00    | 0.09%             | 2031-04-27      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC               | Dominican Republic International Bond                                            | CUSIP: ZP6620006<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     150000 | PA      | $147000.00    | 0.08%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA            | Guatemala Government Bond                                                        | CUSIP: JK9639853<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     200000 | PA      | $199250.00    | 0.11%             | 2026-05-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY             | Paraguay Government International Bond                                           | CUSIP: AM9786683<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     143000 | PA      | $144251.25    | 0.08%             | 2027-03-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CANACOL ENERGY LTD               | Canacol Energy Ltd                                                               | CUSIP: BS4891542<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $69500.00     | 0.04%             | 2028-11-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                    | Carnival Corp                                                                    | CUSIP: ZB4914840<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     100000 | PA      | $126472.56    | 0.07%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC            | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10412.50     | 0.01%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| N/A                              | US 5YR NOTE (CBT) Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        240 | NC      | $-13317.69    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | USD/CNH Vanilla 20251104                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     650000 | NC      | $7.80         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | USD/CNH Vanilla 20251104                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    -650000 | NC      | $-0.65        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | USD P JPY C 125.0000 DI 125.0000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |      32000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | USD P JPY C 140.0000 EO                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |    -559000 | NC      | $-624.40      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | USD P JPY C 143.0000 EO                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |     559000 | NC      | $1697.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | US LONG BOND(CBT) Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -25 | NC      | $-20052.50    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US LONG BOND(CBT) Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         42 | NC      | $85137.14     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US ULTRA BOND CBT Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         15 | NC      | $9903.80      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORP                        | AGCO Corp                                                                        | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |      48000 | PA      | $48698.02     | 0.03%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AEP TEXAS INC                    | AEP Texas Inc                                                                    | CUSIP: 00108WAS9<br>LEI: 5493001L78U618KXNZ75 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20700.92     | 0.01%             | 2029-05-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                     | AES Corp/The                                                                     | CUSIP: 00130HCH6<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |      56000 | PA      | $57339.13     | 0.03%             | 2028-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                     | AES Corp/The                                                                     | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     530000 | PA      | $549875.00    | 0.30%             | 2055-01-15      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| AECOM                            | AECOM                                                                            | CUSIP: 00766TAE0<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |     170000 | PA      | $173400.00    | 0.09%             | 2033-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     150000 | PA      | $156674.70    | 0.09%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     150000 | PA      | $156400.80    | 0.09%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES           | Advanced Micro Devices Inc                                                       | CUSIP: 007903BJ5<br>LEI: R2I72C950HOYXII45366 | Long             | DBT              | CORP              | US        |      37000 | PA      | $37290.82     | 0.02%             | 2028-03-24      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| Affirm Master Trust              | Affirm Master Trust                                                              | CUSIP: 00833BAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     250000 | PA      | $251893.66    | 0.14%             | 2033-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AGILENT TECHNOLOGIES INC         | Agilent Technologies Inc                                                         | CUSIP: 00846UAR2<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | DBT              | CORP              | US        |      36000 | PA      | $35796.35     | 0.02%             | 2034-09-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AGREE LP                         | Agree LP                                                                         | CUSIP: 008513AE3<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |      47000 | PA      | $48951.11     | 0.03%             | 2034-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2017-1B PTT           | Air Canada 2017-1 Class B Pass Through Trust                                     | CUSIP: 00908PAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     314815 | PA      | $313239.14    | 0.17%             | 2026-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T   | Alternative Loan Trust 2007-OA4                                                  | CUSIP: 02150DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     201542 | PA      | $185848.15    | 0.10%             | 2047-05-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T   | Alternative Loan Trust 2007-16CB                                                 | CUSIP: 02152ABB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     449525 | PA      | $206113.70    | 0.11%             | 2037-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST I           | American Tower Trust #1                                                          | CUSIP: 03027WAM4<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              | CORP              | US        |     155000 | PA      | $157557.97    | 0.09%             | 2028-03-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp                                                              | CUSIP: 03027XCC2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      24000 | PA      | $24618.72     | 0.01%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp                                                              | CUSIP: 03027XCD0<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      65000 | PA      | $68048.83     | 0.04%             | 2033-07-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Collateralized Lo   | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd                           | CUSIP: 03880RAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     275000 | PA      | $275078.54    | 0.15%             | 2036-11-15      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL SA                 | ArcelorMittal SA                                                                 | CUSIP: 03938LBG8<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |      36000 | PA      | $38278.44     | 0.02%             | 2034-06-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ARCHROCK PARTNERS LP/FIN         | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      30000 | PA      | $30712.50     | 0.02%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-   | AutoNation Finance Trust 2025-1                                                  | CUSIP: 05330QAG7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      25000 | PA      | $25435.48     | 0.01%             | 2032-09-10      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AUTOZONE INC                     | AutoZone Inc                                                                     | CUSIP: 053332BM3<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |      34000 | PA      | $35043.87     | 0.02%             | 2030-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AVERY DENNISON CORP              | Avery Dennison Corp                                                              | CUSIP: 053611AN9<br>LEI: 549300PW7VPFCYKLIV37 | Long             | DBT              | CORP              | US        |      16000 | PA      | $16883.39     | 0.01%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | BBCMS 2019-BWAY Mortgage Trust                                                   | CUSIP: 05492NAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $1000.00      | 0.00%             | 2034-11-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | BBCMS Mortgage Trust 2021-C11                                                    | CUSIP: 05493MAM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1255000 | PA      | $92019.74     | 0.05%             | 2054-09-15      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                          | BDS 2021-FL9 Ltd                                                                 | CUSIP: 05493NAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $98737.01     | 0.05%             | 2038-11-16      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | BBCMS Mortgage Trust 2025-5C37                                                   | CUSIP: 05494NAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     970000 | PA      | $67892.24     | 0.04%             | 2058-09-15      | Variable      | 1.66%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                 | BAT Capital Corp                                                                 | CUSIP: 05526DBF1<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      32000 | PA      | $26694.82     | 0.01%             | 2047-08-15      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP                 | BAT Capital Corp                                                                 | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |      35000 | PA      | $36340.71     | 0.02%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | Barclays Commercial Mortgage Trust 2019-C3                                       | CUSIP: 05550MAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1368910 | PA      | $50588.61     | 0.03%             | 2052-05-15      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | BBCMS Mortgage Trust 2023-C19                                                    | CUSIP: 05553RAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $103118.42    | 0.06%             | 2056-04-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S   | BBCMS Mortgage Trust 2024-5C29                                                   | CUSIP: 05555PAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99071.07     | 0.05%             | 2057-09-15      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-ARIA                                                               | CUSIP: 05608RAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     450000 | PA      | $449859.33    | 0.24%             | 2036-10-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-LBA                                                                | CUSIP: 05609BAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99749.95     | 0.05%             | 2036-02-15      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-LBA                                                                | CUSIP: 05609BBH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     197702 | PA      | $197208.28    | 0.11%             | 2036-02-15      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-21M                                            | CUSIP: 05609CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      29752 | PA      | $29723.87     | 0.02%             | 2036-10-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-21M                                            | CUSIP: 05609CAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     175000 | PA      | $174781.25    | 0.10%             | 2036-10-15      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-XL2                                            | CUSIP: 05609KAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      37321 | PA      | $37297.70     | 0.02%             | 2038-10-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-ACNT                                           | CUSIP: 05609QAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      78016 | PA      | $77918.60     | 0.04%             | 2038-11-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-VOLT                                           | CUSIP: 05609VAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     111415 | PA      | $111250.73    | 0.06%             | 2036-09-15      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2022-CLS                                                                | CUSIP: 05609XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      65000 | PA      | $65489.55     | 0.04%             | 2027-10-13      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2024-BIO                                                                | CUSIP: 05612AAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $98687.44     | 0.05%             | 2041-02-15      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2024-XL5                                            | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     109199 | PA      | $109266.91    | 0.06%             | 2041-03-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2024-CNYN                                                               | CUSIP: 05612HAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     230677 | PA      | $230965.04    | 0.13%             | 2041-04-15      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2024-KING                                           | CUSIP: 05612RAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     378023 | PA      | $378259.50    | 0.21%             | 2034-05-15      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      46000 | PA      | $45085.11     | 0.02%             | 2027-07-22      | Variable      | 1.73%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06051GKJ7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      74000 | PA      | $72473.75     | 0.04%             | 2028-02-04      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06051GMA4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      26000 | PA      | $27142.31     | 0.01%             | 2035-01-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      32000 | PA      | $33236.13     | 0.02%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: —       |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     273000 | PA      | $284261.25    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank5                            | BANK5 2025-5YR17                                                                 | CUSIP: 06211GAM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1707000 | PA      | $87073.22     | 0.05%             | 2058-11-15      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| BANK OF HAWAII CORP              | Bank of Hawaii Corp                                                              | CUSIP: 062540307<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EP               | CORP              | US        |       4900 | NS      | $128135.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF MONTREAL                 | Bank of Montreal                                                                 | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     330000 | PA      | $351076.77    | 0.19%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                 | Bank of Montreal                                                                 | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $202208.00    | 0.11%             | 2085-11-26      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP           | Bank of New York Mellon Corp/The                                                 | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |      56000 | PA      | $57828.40     | 0.03%             | 2032-07-22      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA              | Bank of Nova Scotia/The                                                          | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $212441.40    | 0.12%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA              | Bank of Nova Scotia/The                                                          | CUSIP: 06419GEE2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |     245000 | PA      | $244411.51    | 0.13%             | 2085-10-27      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                     | Barclays PLC                                                                     | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $211750.00    | 0.12%             | 2035-03-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP               | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |      40000 | PA      | $41650.00     | 0.02%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC            | Bausch Health Cos Inc                                                            | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      10000 | PA      | $7050.00      | 0.00%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC            | Bausch Health Cos Inc                                                            | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |       1000 | PA      | $1002.50      | 0.00%             | 2030-10-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| AB BSL CLO                       | AB BSL CLO 4 Ltd                                                                 | CUSIP: 00037VAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     250000 | PA      | $251374.89    | 0.14%             | 2038-04-20      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Ace Securities Corp.             | ACE Securities Corp Mortgage Loan Trust Series 2007-D1                           | CUSIP: 00083BAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     177536 | PA      | $157945.46    | 0.09%             | 2038-02-25      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC            | AAR Escrow Issuer LLC                                                            | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $20575.00     | 0.01%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN         | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     280000 | PA      | $281050.00    | 0.15%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                       | AbbVie Inc                                                                       | CUSIP: 00287YAS8<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |      65000 | PA      | $59361.77     | 0.03%             | 2045-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC           | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $25687.50     | 0.01%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ACREC 2021-FL1 Ltd.              | ACREC 2021-FL1 Ltd                                                               | CUSIP: 00500RAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     375000 | PA      | $375326.63    | 0.20%             | 2036-10-16      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC             | Amentum Holdings Inc                                                             | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15525.00     | 0.01%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMEREN ILLINOIS CO               | Ameren Illinois Co                                                               | CUSIP: 02361DAS9<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     120000 | PA      | $119436.12    | 0.06%             | 2028-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC            | American Airlines Inc                                                            | CUSIP: 023771T40<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15637.50     | 0.01%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14962.50     | 0.01%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC          | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |      45000 | PA      | $45337.50     | 0.02%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER          | American Electric Power Co Inc                                                   | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     260000 | PA      | $281450.00    | 0.15%             | 2054-12-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP          | American National Group Inc                                                      | CUSIP: 025676AN7<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31035.54     | 0.02%             | 2029-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP          | American National Group Inc                                                      | CUSIP: 025676AQ0<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |      33000 | PA      | $33651.26     | 0.02%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO              | American Express Co                                                              | CUSIP: 025816DG1<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |      64000 | PA      | $64628.99     | 0.04%             | 2027-07-28      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO              | American Express Co                                                              | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |      77000 | PA      | $79111.88     | 0.04%             | 2031-04-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT            | American Homes 4 Rent LP                                                         | CUSIP: 02666TAG2<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |      51000 | PA      | $52749.25     | 0.03%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTERNATIONAL           | American International Group Inc                                                 | CUSIP: 026874DX2<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |      14000 | PA      | $14586.46     | 0.01%             | 2035-05-07      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp                                                              | CUSIP: 03027XAY6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      25000 | PA      | $18655.13     | 0.01%             | 2049-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp                                                              | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |      69000 | PA      | $68460.70     | 0.04%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC              | Elevance Health Inc                                                              | CUSIP: 036752AU7<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |      25000 | PA      | $20883.20     | 0.01%             | 2052-05-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP           | Aviation Capital Group LLC                                                       | CUSIP: 05369AAQ4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |      47000 | PA      | $48131.34     | 0.03%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP             | Bank of America Corp                                                             | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      79000 | PA      | $78491.71     | 0.04%             | 2028-04-24      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Bank                             | BANK 2019-BNK21                                                                  | CUSIP: 06540BBE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3911776 | PA      | $102068.78    | 0.06%             | 2052-10-17      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Bank                             | BANK 2020-BNK30                                                                  | CUSIP: 06541UCB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1223166 | PA      | $60018.66     | 0.03%             | 2053-12-15      | Variable      | 1.37%                 | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                  | CMS Energy Corp                                                                  | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |      82000 | PA      | $84665.00     | 0.05%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust              | COMM 2013-CCRE12 Mortgage Trust                                                  | CUSIP: 12591KAF2<br>LEI: 549300MGZ5FI5VFL1177 | Long             | ABS-MBS          | CORP              | US        |     224258 | PA      | $3.03         | 0.00%             | 2046-10-10      | Variable      | 0.66%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP               | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20000.00     | 0.01%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     125000 | PA      | $112715.25    | 0.06%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP         | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     265000 | PA      | $218567.76    | 0.12%             | 2049-07-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Chase Mortgage Finance Corpora   | Chase Home Lending Mortgage Trust Series 2024-6                                  | CUSIP: 161931AK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     313787 | PA      | $316459.07    | 0.17%             | 2055-05-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| COLONIAL ENTERPRISES INC         | Colonial Enterprises Inc                                                         | CUSIP: 19565CAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      21000 | PA      | $21170.33     | 0.01%             | 2035-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                 | COLT 2022-5 Mortgage Loan Trust                                                  | CUSIP: 19688LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      69138 | PA      | $70216.37     | 0.04%             | 2067-04-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPCO          | Columbia Pipelines Operating Co LLC                                              | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     115000 | PA      | $122630.94    | 0.07%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                     | Comerica Inc                                                                     | CUSIP: 200340701<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EP               | CORP              | US        |      11000 | NS      | $277530.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COMISION FEDERAL DE ELEC         | Comision Federal de Electricidad                                                 | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $203540.40    | 0.11%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH EDISON CO           | Commonwealth Edison Co                                                           | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |      69000 | PA      | $73000.69     | 0.04%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                    | CommScope LLC                                                                    | CUSIP: 20338MAA0<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15525.00     | 0.01%             | 2031-12-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Compass Datacenters Issuer II,   | Compass Datacenters Issuer II LLC                                                | CUSIP: 20469AAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     250000 | PA      | $256731.59    | 0.14%             | 2049-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE         | Concentra Health Services Inc                                                    | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |      50000 | PA      | $51875.00     | 0.03%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CONNECTONE BANCORP INC           | ConnectOne Bancorp Inc                                                           | CUSIP: 20786WAF4<br>LEI: 549300E2M5ZYAZKUK134 | Long             | DBT              | CORP              | US        |     110000 | PA      | $113384.70    | 0.06%             | 2035-06-01      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                      | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BBK3<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $215732.60    | 0.12%             | 2036-01-26      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP          | John Deere Capital Corp                                                          | CUSIP: 24422EYD5<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |      69000 | PA      | $69437.60     | 0.04%             | 2028-06-05      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ELM Trust 2024                   | ELM Trust 2024-ELM                                                               | CUSIP: 26860XAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $302614.98    | 0.16%             | 2039-06-10      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| EASTERN ENERGY GAS               | Eastern Energy Gas Holdings LLC                                                  | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |      36000 | PA      | $35519.44     | 0.02%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                    | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10987.50     | 0.01%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ECOLAB INC                       | Ecolab Inc                                                                       | CUSIP: 278865BQ2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |      74000 | PA      | $74606.13     | 0.04%             | 2028-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                     | Ecopetrol SA                                                                     | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |      50000 | PA      | $44625.00     | 0.02%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                     | Ecopetrol SA                                                                     | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     300000 | PA      | $222495.00    | 0.12%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ELEMENT FLEET MANAGEMENT         | Element Fleet Management Corp                                                    | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |      35000 | PA      | $35600.43     | 0.02%             | 2030-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC            | Ellucian Holdings Inc                                                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15262.50     | 0.01%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ABU DHABI GOVT INT'L             | Abu Dhabi Government International Bond                                          | CUSIP: 29135LAJ9<br>LEI: 213800FER4348CINTA77 | Long             | DBT              | NUSS              | AE        |     200000 | PA      | $161761.40    | 0.09%             | 2050-04-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136A2F99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     262167 | PA      | $34454.56     | 0.02%             | 2041-12-25      | Floating      | 2.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136A4GY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     265002 | PA      | $29854.05     | 0.02%             | 2042-03-25      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136A6M68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     127035 | PA      | $14549.06     | 0.01%             | 2042-07-25      | Floating      | 1.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136AJN51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     572129 | PA      | $59269.09     | 0.03%             | 2044-05-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136AW4E4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     124662 | PA      | $26027.72     | 0.01%             | 2047-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136B45F1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3396310 | PA      | $410404.29    | 0.22%             | 2049-07-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136B8BC2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3872404 | PA      | $538115.83    | 0.29%             | 2050-01-25      | Floating      | 1.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BBKJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2421747 | PA      | $388816.34    | 0.21%             | 2060-08-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BCNP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4783444 | PA      | $953233.25    | 0.52%             | 2050-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BDFR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    3506941 | PA      | $640578.45    | 0.35%             | 2050-04-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BFTL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    4476470 | PA      | $634806.44    | 0.35%             | 2050-06-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BGG62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2177866 | PA      | $255535.29    | 0.14%             | 2051-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QUHH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     432941 | PA      | $437930.71    | 0.24%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QV3B8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     196933 | PA      | $201233.43    | 0.11%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QV3C6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     175972 | PA      | $179540.19    | 0.10%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QV3W2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     160193 | PA      | $165903.21    | 0.09%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QVLE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     307833 | PA      | $313305.35    | 0.17%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QVLG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     167305 | PA      | $169861.13    | 0.09%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QVRE6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     169272 | PA      | $172439.46    | 0.09%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QVXA7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     298862 | PA      | $306135.79    | 0.17%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QVY81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     190307 | PA      | $192381.44    | 0.10%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140XPS42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2746810 | PA      | $2859529.30   | 1.56%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 31418ES50<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       3592 | PA      | $3635.86      | 0.00%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                 | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |      30000 | PA      | $31050.00     | 0.02%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Ginnie Mae II Pool                                                               | CUSIP: 36179XDD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      75017 | PA      | $71327.09     | 0.04%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Ginnie Mae II Pool                                                               | CUSIP: 36179XDE3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      34771 | PA      | $33972.53     | 0.02%             | 2052-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Ginnie Mae II Pool                                                               | CUSIP: 36179XHX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      88564 | PA      | $84153.32     | 0.05%             | 2052-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust           | GSAA Home Equity Trust 2006-4                                                    | CUSIP: 362334FK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     358421 | PA      | $211390.39    | 0.12%             | 2036-03-25      | Variable      | 4.11%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust           | GSAA Home Equity Trust 2007-7                                                    | CUSIP: 36249BAD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      43615 | PA      | $42915.71     | 0.02%             | 2037-07-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Trust 2019-GC42                                           | CUSIP: 36257UAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2135228 | PA      | $54739.34     | 0.03%             | 2052-09-10      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Trust 2020-GC47                                           | CUSIP: 36258RBC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1455071 | PA      | $57686.42     | 0.03%             | 2053-05-12      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities    | GS Mortgage-Backed Securities Corp Trust 2020-PJ6                                | CUSIP: 36260RAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     287222 | PA      | $233941.25    | 0.13%             | 2051-05-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GSCG Trust                       | GSCG Trust 2019-600C                                                             | CUSIP: 36260TAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     183000 | PA      | $7340.13      | 0.00%             | 2034-09-06      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities    | GS Mortgage-Backed Securities Trust 2022-PJ1                                     | CUSIP: 36263NAD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     240465 | PA      | $198045.56    | 0.11%             | 2052-05-28      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Corp Trust 2021-DM                                        | CUSIP: 36265AAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99374.99     | 0.05%             | 2036-11-15      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities    | GS Mortgage-Backed Securities Trust 2024-PJ4                                     | CUSIP: 36269RBU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      97278 | PA      | $97143.47     | 0.05%             | 2054-08-25      | Variable      | 6.06%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO              | General Electric Co                                                              | CUSIP: 369604CA9<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |      14000 | PA      | $14165.51     | 0.01%             | 2036-01-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                                                  | CUSIP: 37045XBT2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |      58000 | PA      | $58084.33     | 0.03%             | 2027-01-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                                                  | CUSIP: 37045XCM6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | EP               | CORP              | US        |      52000 | PA      | $51675.00     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO           | General Motors Financial Co Inc                                                  | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | EP               | CORP              | US        |      54000 | PA      | $53527.50     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| GENESEE & WYOMING INC            | Genesee & Wyoming Inc                                                            | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |      35000 | PA      | $35525.00     | 0.02%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                 | Genuine Parts Co                                                                 | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |      48000 | PA      | $48844.22     | 0.03%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                 | Georgia Power Co                                                                 | CUSIP: 373334KV2<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |      48000 | PA      | $48652.37     | 0.03%             | 2027-02-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE          | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $36837.50     | 0.02%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE          | Global Medical Response Inc                                                      | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |      50000 | PA      | $51312.50     | 0.03%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD          | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      65000 | PA      | $66787.50     | 0.04%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                  | Goat Holdco LLC                                                                  | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $20475.00     | 0.01%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC          | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |      16000 | PA      | $16600.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER           | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |      35000 | PA      | $32856.25     | 0.02%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GUARDIAN LIFE GLOB FUND          | Guardian Life Global Funding                                                     | CUSIP: 40139LBK8<br>LEI: 635400NHILJ5JEKILC36 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30626.76     | 0.02%             | 2030-04-28      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP          | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30712.50     | 0.02%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GULFSTREAM NATURAL GAS           | Gulfstream Natural Gas System LLC                                                | CUSIP: 402740AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      21000 | PA      | $21502.49     | 0.01%             | 2035-07-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HCA INC                          | HCA Inc                                                                          | CUSIP: 404119CU1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     285000 | PA      | $294991.25    | 0.16%             | 2034-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP           | Harvest Midstream I LP                                                           | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30675.00     | 0.02%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15525.00     | 0.01%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION         | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      38000 | PA      | $38142.50     | 0.02%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION         | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      19000 | PA      | $19308.75     | 0.01%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HEXCEL CORP                      | Hexcel Corp                                                                      | CUSIP: 428291AP3<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |      22000 | PA      | $22774.18     | 0.01%             | 2035-02-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Secu   | JPMDB Commercial Mortgage Securities Trust 2016-C2                               | CUSIP: 46590LAV4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     843875 | PA      | $4399.29      | 0.00%             | 2049-06-15      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | JP Morgan Mortgage Trust 2019-8                                                  | CUSIP: 46591KBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       6730 | PA      | $6023.53      | 0.00%             | 2050-03-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | JP Morgan Mortgage Trust 2019-8                                                  | CUSIP: 46591KBR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     171229 | PA      | $149692.87    | 0.08%             | 2050-03-25      | Variable      | 3.14%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | JP Morgan Mortgage Trust 2025-CCM1                                               | CUSIP: 46593MAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     183675 | PA      | $184808.37    | 0.10%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | J.P. Morgan Mortgage Trust 2022-5                                                | CUSIP: 465977AY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     412470 | PA      | $345250.34    | 0.19%             | 2052-09-25      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                                              | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      92000 | PA      | $93846.90     | 0.05%             | 2027-10-22      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                                              | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      88000 | PA      | $88714.30     | 0.05%             | 2028-10-22      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                                              | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      31000 | PA      | $32043.55     | 0.02%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                                              | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      69000 | PA      | $71159.29     | 0.04%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO              | JPMorgan Chase & Co                                                              | CUSIP: 46647PFC5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      23000 | PA      | $23836.46     | 0.01%             | 2036-07-23      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | JP Morgan Mortgage Trust 2018-8                                                  | CUSIP: 46650MBF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     412920 | PA      | $380712.08    | 0.21%             | 2049-01-25      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust         | JP Morgan Mortgage Trust 2020-4                                                  | CUSIP: 46652FAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     153679 | PA      | $132802.51    | 0.07%             | 2050-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY          | JetBlue Airways Corp / JetBlue Loyalty LP                                        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     160000 | PA      | $162400.00    | 0.09%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| JOHNSON & JOHNSON                | Johnson & Johnson                                                                | CUSIP: 478160DH4<br>LEI: 549300G0CFPGEF6X2043 | Long             | DBT              | CORP              | US        |      63000 | PA      | $64182.89     | 0.03%             | 2028-03-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Katayma CLO Ltd                  | Katayma CLO II Ltd                                                               | CUSIP: 485862AG1<br>LEI: 254900HW0KYG9AOGVP97 | Long             | ABS-CBDO         | CORP              | JE        |     430000 | PA      | $433896.68    | 0.24%             | 2037-04-20      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| KENTUCKY UTILITIES CO            | Kentucky Utilities Co                                                            | CUSIP: 491674BP1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15391.68     | 0.01%             | 2055-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC             | Keurig Dr Pepper Inc                                                             | CUSIP: 49271VAU4<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |      61000 | PA      | $62265.63     | 0.03%             | 2031-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART          | Kinder Morgan Energy Partners LP                                                 | CUSIP: 494550AW6<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |      16000 | PA      | $17957.38     | 0.01%             | 2038-01-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trus   | Lstar Commercial Mortgage Trust 2016-4                                           | CUSIP: 50219QAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     274000 | PA      | $261141.34    | 0.14%             | 2049-03-10      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust    | Lendbuzz Securitization Trust 2024-3                                             | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     107878 | PA      | $108225.78    | 0.06%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC            | Level 3 Financing Inc                                                            | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13668.75     | 0.01%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                   | Eli Lilly & Co                                                                   | CUSIP: 532457CU0<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |      66000 | PA      | $66941.36     | 0.04%             | 2028-02-12      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EG8<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |     134000 | PA      | $132695.38    | 0.07%             | 2027-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                   | Lowe's Cos Inc                                                                   | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      21000 | PA      | $20779.65     | 0.01%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust        | MSBAM Commercial Mortgage Securities Trust 2012-CKSV                             | CUSIP: 553514AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      81324 | PA      | $77837.27     | 0.04%             | 2030-10-15      | Fixed         | 3.28%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust   | Morgan Stanley Capital I Trust 2016-UBS12                                        | CUSIP: 61691EBB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2404047 | PA      | $9629.17      | 0.01%             | 2049-12-15      | Variable      | 0.76%                 | No            |                  2 | On Loan: No      |
| NATIONAL FUEL GAS CO             | National Fuel Gas Co                                                             | CUSIP: 636180BU4<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15597.27     | 0.01%             | 2035-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP         | National Rural Utilities Cooperative Finance Corp                                | CUSIP: 63743HFT4<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |      88000 | PA      | $88231.26     | 0.05%             | 2027-09-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2020-H                                 | CUSIP: 63935BAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      38862 | PA      | $36756.70     | 0.02%             | 2069-01-15      | Fixed         | 1.31%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2020-B                                 | CUSIP: 63941GAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      66331 | PA      | $63513.92     | 0.03%             | 2069-01-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2019-G                                 | CUSIP: 63941JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      28958 | PA      | $28073.64     | 0.02%             | 2068-10-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     112000 | PA      | $109200.00    | 0.06%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN         | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      95000 | PA      | $90725.00     | 0.05%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                              | AUD/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $5187.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | AUD/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $7292.78      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.250000 12-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-6150.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLD FIELDS OROGEN HOLD          | Gold Fields Orogen Holdings BVI Ltd                                              | CUSIP: ZS5391108<br>LEI: 213800CLGJ2E9KGU2F20 | Long             | DBT              | CORP              | VG        |     200000 | PA      | $209511.40    | 0.11%             | 2029-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| E.ON SE                          | E.ON SE                                                                          | CUSIP: ZQ3917429<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | DBT              | CORP              | DE        |      45000 | PA      | $45874.38     | 0.02%             | 2031-11-07      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| ADANI INTERNATIONAL CONT         | Adani International Container Terminal Pvt Ltd                                   | CUSIP: BN0450864<br>LEI: 335800J4SLERP6S94P28 | Long             | DBT              | CORP              | IN        |     160000 | PA      | $146827.04    | 0.08%             | 2031-02-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND         | Bundesrepublik Deutschland Bundesanleihe                                         | CUSIP: BP9803662<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      65000 | PA      | $66598.00     | 0.04%             | 2031-08-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND         | Bundesrepublik Deutschland Bundesanleihe                                         | CUSIP: BJ3055610<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      55000 | PA      | $49909.07     | 0.03%             | 2035-05-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL           | Brazil Letras do Tesouro Nacional                                                | CUSIP: BX5046434<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    5978000 | PA      | $1084076.80   | 0.59%             | 2026-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BUNDESREPUB. DEUTSCHLAND         | Bundesrepublik Deutschland Bundesanleihe                                         | CUSIP: ZF1451532<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |     105000 | PA      | $119616.79    | 0.07%             | 2034-02-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| N/A                              | BRL/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-9315.48     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| KFC HOLDING CO                   | KFC Holding Co                                                                   | CUSIP: 72584DAF1<br>LEI: 549300G2LG4YUB3MM115 | Long             | LON              | CORP              | US        |     118912 | PA      | $119506.88    | 0.07%             | 2028-03-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| EAB GLOBAL INC                   | EAB Global Inc                                                                   | CUSIP: 26835CAC3<br>LEI: 254900WJRUVZKYEF1M36 | Long             | LON              | CORP              | US        |      24625 | PA      | $24055.55     | 0.01%             | 2030-08-16      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |      33044 | PA      | $33064.57     | 0.02%             | 2029-04-02      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |       3185 | PA      | $3187.23      | 0.00%             | 2029-04-02      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| EAGLE PARENT CORP                | Eagle Parent Corp                                                                | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |       3185 | PA      | $3187.23      | 0.00%             | 2029-04-02      | Floating      | 8.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                 | Altice France SA                                                                 | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | LON              | CORP              | FR        |      79537 | PA      | $77150.94     | 0.04%             | 2028-08-31      | Floating      | 9.82%                 | No            |                  2 | On Loan: No      |
| EDELMAN FINANCIAL CENTER         | Edelman Financial Engines Center LLC/The                                         | CUSIP: 27943TAC3<br>LEI: 549300Z31KZXNP05U733 | Long             | LON              | CORP              | US        |      25000 | PA      | $25085.88     | 0.01%             | 2028-10-06      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC                   | 1011778 BC ULC                                                                   | CUSIP: C6901LAM9<br>LEI: 549300RHSHNRWI5LLA86 | Long             | LON              | CORP              | CA        |     732339 | PA      | $730812.37    | 0.40%             | 2030-09-23      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| KENAN ADVANTAGE GROUP            | Kenan Advantage Group Inc/The                                                    | CUSIP: 48853UBQ2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |      30000 | PA      | $29671.80     | 0.02%             | 2029-01-25      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| ACURIS FINANCE US INC            | Acuris Finance US Inc                                                            | CUSIP: 00510DAF1<br>LEI: 213800PHEXJH1L7ZN896 | Long             | LON              | CORP              | US        |      40059 | PA      | $40121.04     | 0.02%             | 2028-02-16      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| Golden State Foods LLC           | Golden State Foods LLC, Senior Secured First Lien Term Loan                      | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | N/A       |      24838 | PA      | $24930.18     | 0.01%             | 2031-12-04      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I         | Dynasty Acquisition Co Inc                                                       | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |      69199 | PA      | $69303.76     | 0.04%             | 2031-10-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO I         | Dynasty Acquisition Co Inc                                                       | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |      26321 | PA      | $26360.96     | 0.01%             | 2031-10-31      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CONSTRUCTION PARTNERS IN         | Construction Partners Inc                                                        | CUSIP: 21043XAH5<br>LEI: 549300MHLFL4E8JLZU44 | Long             | LON              | CORP              | US        |      44775 | PA      | $44941.34     | 0.02%             | 2031-11-03      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC                     | Acrisure LLC                                                                     | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |      91824 | PA      | $91781.22     | 0.05%             | 2030-11-06      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                        | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |     112700 | PA      | $114224.32    | 0.06%             | 2029-12-17      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE                        | CommScope LLC                                                                    | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |          0 | PA      | $0.03         | 0.00%             | 2029-12-17      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| GLOVES BUYER INC                 | Gloves Buyer Inc                                                                 | CUSIP: 37987UAG7<br>LEI: 54930015O0Y94T5H8Z18 | Long             | LON              | CORP              | US        |     165000 | PA      | $160668.75    | 0.09%             | 2032-05-24      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC            | Long Ridge Energy LLC, Senior Secured First Lien Term Loan                       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | N/A       |     154612 | PA      | $151640.85    | 0.08%             | 2032-02-09      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| GFL ES US LLC                    | GFL ES US LLC                                                                    | CUSIP: 36257SAB8<br>LEI: 254900PGDQWC19PRP053 | Long             | LON              | CORP              | US        |      70000 | PA      | $70070.00     | 0.04%             | 2032-03-03      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| KASEYA INC                       | Kaseya Inc                                                                       | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |     164588 | PA      | $165017.90    | 0.09%             | 2032-03-22      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP            | AAdvantage Loyalty IP Ltd                                                        | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |      64374 | PA      | $64352.16     | 0.04%             | 2028-04-20      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972FAF9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |       3077 | PA      | $3075.55      | 0.00%             | 2032-03-29      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                   | 1261229 BC Ltd                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |      15000 | PA      | $14817.15     | 0.01%             | 2030-10-08      | Floating      | 10.41%                | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP            | AAdvantage Loyalty IP Ltd                                                        | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |     194512 | PA      | $195606.63    | 0.11%             | 2032-05-28      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                | Herc Holdings Inc                                                                | CUSIP: N/A<br>LEI: 549300TP80QLITMSBP82       | Long             | LON              | CORP              | US        |      15000 | PA      | $15091.88     | 0.01%             | 2032-06-02      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| COLOSSUS ACQUIRECO LLC           | Colossus Acquireco LLC                                                           | CUSIP: 19682LAB4<br>LEI: 2549009FT92RXWA46910 | Long             | LON              | CORP              | US        |     115000 | PA      | $114425.00    | 0.06%             | 2032-07-30      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP               | Bausch + Lomb Corp                                                               | CUSIP: N/A<br>LEI: 549300NY6OZM39SO6475       | Long             | LON              | CORP              | CA        |      95000 | PA      | $95178.13     | 0.05%             | 2031-01-15      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC          | American Axle & Manufacturing Inc                                                | CUSIP: 02406MBB2<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | LON              | CORP              | US        |      35000 | PA      | $34868.75     | 0.02%             | 2032-09-20      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| EG AMERICA LLC                   | EG America LLC                                                                   | CUSIP: N/A<br>LEI: 549300BY1CRYVPEG9R57       | Long             | LON              | CORP              | US        |      26002 | PA      | $26185.08     | 0.01%             | 2028-02-07      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO          | Allied Universal Holdco LLC                                                      | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |      40000 | PA      | $40195.60     | 0.02%             | 2032-08-20      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                     | Alphabet Inc                                                                     | CUSIP: 02079KAQ0<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |     100000 | PA      | $116783.09    | 0.06%             | 2033-05-06      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND SPECIAL          | Adani Ports & Special Economic Zone Ltd                                          | CUSIP: BN7410036<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $178263.60    | 0.10%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI         | Adani Electricity Mumbai Ltd                                                     | CUSIP: BQ5241923<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $184041.60    | 0.10%             | 2031-07-22      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| JSW INFRASTRUCTURE               | JSW Infrastructure Ltd                                                           | CUSIP: BT5111013<br>LEI: 3358003E3YFK92C9WX80 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $201250.00    | 0.11%             | 2029-01-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD             | JSW Hydro Energy Ltd                                                             | CUSIP: BP4638287<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |     284000 | PA      | $268380.00    | 0.15%             | 2031-05-18      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA            | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: BO7338565<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |     200000 | PA      | $198000.00    | 0.11%             | 2026-03-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Apollo Aviation Securitization   | AASET 2024-2 Ltd                                                                 | CUSIP: 00038QAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     232499 | PA      | $236726.95    | 0.13%             | 2049-09-16      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                       | AMSR 2021-SFR3 Trust                                                             | CUSIP: 00180UAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     550000 | PA      | $542469.73    | 0.30%             | 2038-10-17      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN           | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $10437.50     | 0.01%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY CORP              | Alliant Energy Corp                                                              | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15018.75     | 0.01%             | 2056-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER         | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15300.00     | 0.01%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO          | Allied Universal Holdco LLC                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |      40000 | PA      | $41800.00     | 0.02%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMED         | AmeriTex HoldCo Intermediate LLC                                                 | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $25906.25     | 0.01%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                        | Amgen Inc                                                                        | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     140000 | PA      | $143176.46    | 0.08%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                        | Amgen Inc                                                                        | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |      63000 | PA      | $62870.54     | 0.03%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                    | Amphenol Corp                                                                    | CUSIP: 032095AT8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |      55000 | PA      | $55468.88     | 0.03%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC               | Analog Devices Inc                                                               | CUSIP: 032654BD6<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |      83000 | PA      | $83560.50     | 0.05%             | 2028-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust         | Angel Oak Mortgage Trust 2025-6                                                  | CUSIP: 034937AD4<br>LEI: 254900GRN1I3WMM1H095 | Long             | ABS-MBS          | CORP              | US        |     800000 | PA      | $807102.88    | 0.44%             | 2070-04-25      | Variable      | 6.33%                 | No            |                  2 | On Loan: No      |
| AON NORTH AMERICA INC            | Aon North America Inc                                                            | CUSIP: 03740MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      67000 | PA      | $67962.19     | 0.04%             | 2027-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                    | AppLovin Corp                                                                    | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |      32000 | PA      | $32935.20     | 0.02%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust               | Aqua Finance Trust 2021-A                                                        | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      34798 | PA      | $32254.58     | 0.02%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| ATLASSIAN CORPORATION            | Atlassian Corp                                                                   | CUSIP: 049468AA9<br>LEI: 549300V7ZY5P02D2MY38 | Long             | DBT              | CORP              | US        |      23000 | PA      | $23617.18     | 0.01%             | 2029-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AutoNation Finance Trust 2025-   | AutoNation Finance Trust 2025-1                                                  | CUSIP: 05330QAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      45000 | PA      | $45780.56     | 0.02%             | 2030-12-10      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE          | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      45000 | PA      | $46518.75     | 0.03%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      31000 | PA      | $29770.54     | 0.02%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD         | Avolon Holdings Funding Ltd                                                      | CUSIP: 05401AAU5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     105000 | PA      | $108250.28    | 0.06%             | 2029-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                   | Azorra Finance Ltd                                                               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |      15000 | PA      | $15731.25     | 0.01%             | 2030-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                   | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |      25000 | PA      | $26031.25     | 0.01%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BXMT Ltd                         | BXMT 2021-FL4 Ltd                                                                | CUSIP: 05609GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      60607 | PA      | $60227.55     | 0.03%             | 2038-05-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit   | Bain Capital Credit CLO 2022-6 Ltd                                               | CUSIP: 05685LAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     500000 | PA      | $502711.65    | 0.27%             | 2038-01-22      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limit   | Bain Capital Credit CLO 2024-4 Ltd                                               | CUSIP: 05685VAG7<br>LEI: 254900X1J8WOE4EG9026 | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $251471.92    | 0.14%             | 2037-10-23      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| BALL CORP                        | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     275000 | PA      | $249218.75    | 0.14%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DEL PERU          | Banco Internacional del Peru SAA Interbank                                       | CUSIP: 05968DAG5<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |     150000 | PA      | $155250.00    | 0.08%             | 2035-04-30      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE         | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $210250.00    | 0.11%             | 2031-05-20      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER         | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971V2D6<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     175000 | PA      | $171514.70    | 0.09%             | 2031-09-30      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mor   | Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3                | CUSIP: 06427DAW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     350000 | PA      | $340994.19    | 0.19%             | 2050-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Bank                             | BANK 2018-BNK11                                                                  | CUSIP: 06540TAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10850846 | PA      | $110928.20    | 0.06%             | 2061-03-15      | Variable      | 0.59%                 | No            |                  2 | On Loan: No      |
| Bank                             | BANK 2017-BNK8                                                                   | CUSIP: 06650AAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7050000 | PA      | $174067.32    | 0.09%             | 2050-11-15      | Variable      | 1.43%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2025-VLT6                                                               | CUSIP: 12433KAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $299625.48    | 0.16%             | 2042-03-15      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC            | Amrize Finance US LLC                                                            | CUSIP: 43475RAC0<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15321.56     | 0.01%             | 2030-04-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                   | NRG Energy Inc                                                                   | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15206.25     | 0.01%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                   | NRG Energy Inc                                                                   | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     125000 | PA      | $125037.50    | 0.07%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA           | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBG2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |      28000 | PA      | $28017.61     | 0.02%             | 2032-08-19      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                     | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10350.00     | 0.01%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PSEG POWER LLC                   | PSEG Power LLC                                                                   | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      24000 | PA      | $24605.33     | 0.01%             | 2030-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL INC         | Prudential Financial Inc                                                         | CUSIP: 74432QCK9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |      44000 | PA      | $45371.17     | 0.02%             | 2035-03-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS         | Public Service Enterprise Group Inc                                              | CUSIP: 744573AV8<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |     143000 | PA      | $148030.03    | 0.08%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS I LLC             | QTS Issuer ABS I LLC                                                             | CUSIP: 74690DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     250000 | PA      | $253281.53    | 0.14%             | 2055-05-25      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| QORVO INC                        | Qorvo Inc                                                                        | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |      32000 | PA      | $29320.00     | 0.02%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC            | Qnity Electronics Inc                                                            | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15318.75     | 0.01%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PROVINCE OF QUEBEC               | Province of Quebec Canada                                                        | CUSIP: 748148SE4<br>LEI: 549300WN65YFEQH74Y36 | Long             | DBT              | NUSS              | CA        |     153000 | PA      | $154824.37    | 0.08%             | 2033-09-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL EST/CO-ISS         | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15150.00     | 0.01%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      31000 | PA      | $31092.88     | 0.02%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC               | Royalty Pharma PLC                                                               | CUSIP: 78081BAQ6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |      33000 | PA      | $33837.87     | 0.02%             | 2029-09-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC               | Royalty Pharma PLC                                                               | CUSIP: 78081BAV5<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |      22000 | PA      | $22317.22     | 0.01%             | 2055-09-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| RYDER SYSTEM INC                 | Ryder System Inc                                                                 | CUSIP: 78355HKW8<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |      70000 | PA      | $71750.35     | 0.04%             | 2028-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                  | SBA Tower Trust                                                                  | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     145000 | PA      | $148489.93    | 0.08%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP          | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |      95000 | PA      | $93456.25     | 0.05%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP          | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     170000 | PA      | $159002.99    | 0.09%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |       3000 | PA      | $3041.25      | 0.00%             | 2027-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |      18000 | PA      | $17437.50     | 0.01%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA           | Santander Holdings USA Inc                                                       | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |      23000 | PA      | $23420.88     | 0.01%             | 2029-03-20      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl   | Santander Drive Auto Receivables Trust 2022-3                                    | CUSIP: 80285UAF8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     173809 | PA      | $173986.82    | 0.09%             | 2029-08-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| SCOTT Trust 2023-SFS             | SCOTT Trust 2023-SFS                                                             | CUSIP: 810064AE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $101598.59    | 0.06%             | 2040-03-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL         | Brazil Notas do Tesouro Nacional Serie B                                         | CUSIP: EF3237759<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     300000 | PA      | $236299.53    | 0.13%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL         | Brazil Notas do Tesouro Nacional Serie B                                         | CUSIP: EI1436001<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     213000 | PA      | $159109.28    | 0.09%             | 2050-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLERGAN FUNDING SCS             | Allergan Funding SCS                                                             | CUSIP: 018489AG9<br>LEI: 222100FLFVOSKCBCAR54 | Long             | DBT              | CORP              | LU        |     100000 | PA      | $113851.48    | 0.06%             | 2028-11-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 3.85657% 05/05/2055                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $1675.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 3.93243% 7/20/2037                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $-1180.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 3.73608% 07/20/2037                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $511.67       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT             | Norway Government Bond                                                           | CUSIP: ZM8878765<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |    1035000 | PA      | $96763.38     | 0.05%             | 2033-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL         | Brazil Notas do Tesouro Nacional Serie F                                         | CUSIP: JV5341526<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    4920000 | PA      | $884930.95    | 0.48%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)         | Banco do Brasil SA/Cayman                                                        | CUSIP: EJ5310291<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |     200000 | PA      | $199500.00    | 0.11%             | 2025-10-15      | Variable      | 8.75%                 | No            |                  2 | On Loan: No      |
| RUTAS 2 & 7 FINANCE LTD          | Rutas 2 & 7 Finance Ltd                                                          | CUSIP: ZQ0325196<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     293333 | PA      | $222566.63    | 0.12%             | 2036-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78571YBF6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |       1844 | PA      | $1755.45      | 0.00%             | 2027-12-17      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78571YBG4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |       5650 | PA      | $5379.65      | 0.00%             | 2027-12-17      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| APPLIED SYSTEMS INC              | Applied Systems Inc                                                              | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |      10000 | PA      | $10262.50     | 0.01%             | 2032-02-23      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                   | NRG Energy Inc                                                                   | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |     328405 | PA      | $328805.53    | 0.18%             | 2031-04-16      | Floating      | 6.06%                 | No            |                  2 | On Loan: No      |
| APRO LLC                         | Apro LLC                                                                         | CUSIP: 03834XAP8<br>LEI: 549300HALLMPVGYAKP14 | Long             | LON              | CORP              | US        |      54637 | PA      | $54678.35     | 0.03%             | 2031-07-09      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78571YBK5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |      10350 | PA      | $9793.38      | 0.01%             | 2029-11-15      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                   | Sabre GLBL Inc                                                                   | CUSIP: 78571YBL3<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | LON              | CORP              | US        |       7816 | PA      | $7425.43      | 0.00%             | 2029-11-15      | Floating      | 10.26%                | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                 | AmWINS Group Inc                                                                 | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |      54775 | PA      | $54810.33     | 0.03%             | 2032-01-30      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC            | Savor Acquisition Inc                                                            | CUSIP: 80536AAB8<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |      36552 | PA      | $36811.61     | 0.02%             | 2032-02-19      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| SAVOR ACQUISITION INC            | Savor Acquisition Inc                                                            | CUSIP: 80536AAC6<br>LEI: 25490051R6ZOBEBPQ519 | Long             | LON              | CORP              | US        |       3448 | PA      | $3472.79      | 0.00%             | 2032-02-19      | Floating      | 7.56%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC            | Qnity Electronics Inc                                                            | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |      85000 | PA      | $85106.25     | 0.05%             | 2032-08-12      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT             | Norway Government Bond                                                           | CUSIP: YR2442626<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |     955000 | PA      | $93254.50     | 0.05%             | 2035-06-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO DE BOGOTA SA               | Banco de Bogota SA                                                               | CUSIP: LW0752441<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $201342.00    | 0.11%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANCO INDUSTRIAL SA              | Banco Industrial SA/Guatemala                                                    | CUSIP: BN7034463<br>LEI: 529900GF99QF67JEQU85 | Long             | DBT              | CORP              | GT        |     150000 | PA      | $149250.00    | 0.08%             | 2031-01-29      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| PRUMO PARTICIPACOES E IN         | Prumo Participacoes e Investimentos S/A                                          | CUSIP: ZQ2487259<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |     135087 | PA      | $137281.74    | 0.07%             | 2031-12-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| N/A                              | SGD/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $6946.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | TRY/USD FWD 20251110                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-11988.87    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | TRY/USD FWD 20251110                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $11814.05     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | US 10YR NOTE (CBT)Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -57 | NC      | $-18448.93    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS         | Air Products and Chemicals Inc                                                   | CUSIP: 009158BN5<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |      86000 | PA      | $86851.74     | 0.05%             | 2028-06-11      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                      | Aker BP ASA                                                                      | CUSIP: 00973RAN3<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     150000 | PA      | $147806.40    | 0.08%             | 2034-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ALABAMA POWER CO                 | Alabama Power Co                                                                 | CUSIP: 010392FY9<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |      98000 | PA      | $97657.39     | 0.05%             | 2027-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                   | Albemarle Corp                                                                   | CUSIP: 012653AD3<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | DBT              | CORP              | US        |      82000 | PA      | $82080.69     | 0.04%             | 2027-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| (Sunnova) Aurora I Issuer, LLC   | Sunnova Helios XI Issuer LLC                                                     | CUSIP: 86746AAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      87310 | PA      | $80177.27     | 0.04%             | 2050-05-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| AIRSERVICES AUSTRALIA            | Airservices Australia                                                            | CUSIP: BJ4434624<br>LEI: 984500E3D9SF5M749X15 | Long             | DBT              | CORP              | AU        |     210000 | PA      | $126449.39    | 0.07%             | 2030-05-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AIRSERVICES AUSTRALIA            | Airservices Australia                                                            | CUSIP: ZN2068650<br>LEI: 984500E3D9SF5M749X15 | Long             | DBT              | CORP              | AU        |     200000 | PA      | $136933.42    | 0.07%             | 2028-11-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALERA GROUP INC                  | Alera Group Inc                                                                  | CUSIP: 01451PAB2<br>LEI: 2549003D76KZAKICNX26 | Long             | LON              | CORP              | US        |      45000 | PA      | $45218.48     | 0.02%             | 2032-05-28      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY            | Campbell's Company/The                                                           | CUSIP: 134429BP3<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |      36000 | PA      | $36843.48     | 0.02%             | 2034-03-21      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                 | Vital Energy Inc                                                                 | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14550.00     | 0.01%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| WARNERMEDIA HOLDINGS INC         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4562.50      | 0.00%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      10000 | PA      | $7975.00      | 0.00%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC         | Warnermedia Holdings Inc                                                         | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9600.00      | 0.01%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC              | Quanta Services Inc                                                              | CUSIP: 74762EAL6<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |      32000 | PA      | $32724.42     | 0.02%             | 2034-08-09      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| QUEST DIAGNOSTICS INC            | Quest Diagnostics Inc                                                            | CUSIP: 74834LBE9<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |      87000 | PA      | $88048.87     | 0.05%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC           | Roper Technologies Inc                                                           | CUSIP: 776696AK2<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |      11000 | PA      | $11053.92     | 0.01%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA             | Royal Bank of Canada                                                             | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     315000 | PA      | $331213.37    | 0.18%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA             | Royal Bank of Canada                                                             | CUSIP: 780082AT0<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $196250.00    | 0.11%             | 2084-11-24      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA             | Royal Bank of Canada                                                             | CUSIP: 780086UF9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EP               | CORP              | CA        |     400000 | PA      | $271432.06    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA             | Royal Bank of Canada                                                             | CUSIP: 78017DAF5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |      50000 | PA      | $50500.00     | 0.03%             | 2028-03-27      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                     | SM Energy Co                                                                     | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20000.00     | 0.01%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SMRT                             | SMRT 2022-MINI                                                                   | CUSIP: 78457JAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     250000 | PA      | $249062.30    | 0.14%             | 2039-01-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr   | Sofi Professional Loan Program 2018-C Trust                                      | CUSIP: 78490D104<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      10000 | PA      | $74115.18     | 0.04%             | 2048-01-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC              | Sirius XM Radio LLC                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     235000 | PA      | $220018.75    | 0.12%             | 2030-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME            | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19975.00     | 0.01%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SLAM LLC                         | Slam Ltd                                                                         | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     112409 | PA      | $113124.42    | 0.06%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC               | Smith & Nephew PLC                                                               | CUSIP: 83192PAC2<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |      91000 | PA      | $92208.03     | 0.05%             | 2027-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Tru   | SMB Private Education Loan Trust 2024-F                                          | CUSIP: 83207VAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      87932 | PA      | $88742.93     | 0.05%             | 2054-03-16      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| SNAP INC                         | Snap Inc                                                                         | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |      45000 | PA      | $45618.75     | 0.02%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                 | Societe Generale SA                                                              | CUSIP: 83370RAE8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |     200000 | PA      | $209750.00    | 0.11%             | 2029-11-21      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr   | SoFi Professional Loan Program 2020-C Trust                                      | CUSIP: 83390UAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      53789 | PA      | $49945.60     | 0.03%             | 2046-02-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Social Professional Loan Progr   | SoFi Professional Loan Program 2021-B Trust                                      | CUSIP: 83405N106<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      10000 | PA      | $261793.57    | 0.14%             | 2047-02-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SOLRR Aircraft 2021-1 Limited    | Lunar 2021-1 Structured Aircraft Portfolio Notes                                 | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |     167847 | PA      | $158546.86    | 0.09%             | 2046-10-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI         | Solstice Advanced Materials Inc                                                  | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5000.00      | 0.00%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SOLVENTUM CORP                   | Solventum Corp                                                                   | CUSIP: 83444MAN1<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |      28000 | PA      | $28454.89     | 0.02%             | 2027-02-25      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SONOCO PRODUCTS CO               | Sonoco Products Co                                                               | CUSIP: 835495AR3<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |      34000 | PA      | $34209.37     | 0.02%             | 2029-09-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW CAN INFRA HOLD         | South Bow Canadian Infrastructure Holdings Ltd                                   | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |      90000 | PA      | $95625.00     | 0.05%             | 2055-03-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                      | Southern Co/The                                                                  | CUSIP: 842587DZ7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     140000 | PA      | $155890.00    | 0.08%             | 2027-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                      | Southern Co/The                                                                  | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     167000 | PA      | $177646.25    | 0.10%             | 2055-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: —       |
| SOUTHERN CO                      | Southern Co/The                                                                  | CUSIP: 842587EC7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     100000 | PA      | $101448.00    | 0.06%             | 2028-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     130000 | PA      | $123690.06    | 0.07%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      73000 | PA      | $69596.67     | 0.04%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ACQ6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      70000 | PA      | $62764.52     | 0.03%             | 2032-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ADG7<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      37000 | PA      | $35589.78     | 0.02%             | 2055-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ADN2<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      24000 | PA      | $22405.99     | 0.01%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance          | TRTX 2022-FL5 Issuer Ltd                                                         | CUSIP: 87277JAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99997.01     | 0.05%             | 2039-02-15      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                      | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30037.50     | 0.02%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE          | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |      51000 | PA      | $38058.75     | 0.02%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| TRANS-ALLEGHENY INTERSTA         | Trans-Allegheny Interstate Line Co                                               | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      68000 | PA      | $69770.52     | 0.04%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAD1<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |      95000 | PA      | $101682.78    | 0.06%             | 2037-10-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HAE9<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |      42000 | PA      | $48235.53     | 0.03%             | 2038-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES            | TransCanada PipeLines Ltd                                                        | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     170000 | PA      | $174887.50    | 0.10%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA TRUST                | Transcanada Trust                                                                | CUSIP: 89356BAG3<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |     140000 | PA      | $138600.00    | 0.08%             | 2082-03-07      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     290000 | PA      | $301962.50    | 0.16%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      55000 | PA      | $55687.50     | 0.03%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      50000 | PA      | $51250.00     | 0.03%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                     | US Foods Inc                                                                     | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |      40000 | PA      | $40200.00     | 0.02%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| US BANCORP                       | US Bancorp                                                                       | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |     120000 | PA      | $115392.28    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM          | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     110000 | PA      | $104912.50    | 0.06%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810QY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      90000 | PA      | $69637.50     | 0.04%             | 2042-11-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810SF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1155000 | PA      | $864625.78    | 0.47%             | 2049-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810SL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     368000 | PA      | $219980.63    | 0.12%             | 2050-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810ST6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    5400000 | PA      | $3519914.08   | 1.92%             | 2040-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810TF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     140000 | PA      | $103665.63    | 0.06%             | 2042-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     150000 | PA      | $123978.52    | 0.07%             | 2053-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     250700 | PA      | $251483.44    | 0.14%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    3000000 | PA      | $2600859.36   | 1.42%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      25000 | PA      | $23502.93     | 0.01%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     595000 | PA      | $553117.58    | 0.30%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CGM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     625000 | PA      | $606787.11    | 0.33%             | 2033-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    2242800 | PA      | $2261110.35   | 1.23%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CNZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     771100 | PA      | $768569.83    | 0.42%             | 2032-09-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CPA3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     537600 | PA      | $534828.00    | 0.29%             | 2030-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                  | United States Treasury Note/Bond                                                 | CUSIP: 91282CPB1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     102500 | PA      | $102287.79    | 0.06%             | 2027-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC           | UnitedHealth Group Inc                                                           | CUSIP: 91324PDE9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |      77000 | PA      | $75422.66     | 0.04%             | 2027-10-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL          | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $14325.00     | 0.01%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS         | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15075.00     | 0.01%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                     | VT Topco Inc                                                                     | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15262.50     | 0.01%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE            | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5518.75      | 0.00%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE            | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15768.75     | 0.01%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC           | Venture Global LNG Inc                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10875.00     | 0.01%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC           | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |     225000 | PA      | $222468.75    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| VERALTO CORP                     | Veralto Corp                                                                     | CUSIP: 92338CAF0<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |      17000 | PA      | $17766.38     | 0.01%             | 2033-09-18      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO             | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10700.00     | 0.01%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VERISIGN INC                     | VeriSign Inc                                                                     | CUSIP: 92343EAQ5<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | DBT              | CORP              | US        |      45000 | PA      | $46198.26     | 0.03%             | 2032-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VERISK ANALYTICS INC             | Verisk Analytics Inc                                                             | CUSIP: 92345YAJ5<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |      37000 | PA      | $37964.44     | 0.02%             | 2034-06-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION         | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |      17000 | PA      | $16575.00     | 0.01%             | 2028-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD               | Viking Cruises Ltd                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |      25000 | PA      | $25031.25     | 0.01%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LL         | Viper Energy Partners LLC                                                        | CUSIP: 92764MAA2<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |      12000 | PA      | $12090.00     | 0.01%             | 2030-08-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN         | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     276000 | PA      | $270247.06    | 0.15%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ELEC & POWER CO         | Virginia Electric and Power Co                                                   | CUSIP: 927804GS7<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |      25000 | PA      | $24840.13     | 0.01%             | 2054-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC                       | VMware LLC                                                                       | CUSIP: 928563AC9<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |      66000 | PA      | $65641.49     | 0.04%             | 2027-08-21      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                 | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     215000 | PA      | $198027.69    | 0.11%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Voya VACS Series HYB Fund        | Voya VACS Series HYB Fund                                                        | CUSIP: 92913L262<br>LEI: 549300IKJ54WGTW8EU42 | Long             | EC               | RF                | US        |     432957 | NS      | $4502755.84   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya VACS Series EMHCD Fund      | Voya VACS Series EMHCD Fund                                                      | CUSIP: 92919X104<br>LEI: 549300F0L4T7FY2BWJ84 | Long             | EC               | RF                | US        |     183918 | NS      | $1958727.54   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYAGER PARENT LLC               | Voyager Parent LLC                                                               | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10575.00     | 0.01%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| WAMU Mortgage Pass-Through Cer   | WaMu Mortgage Pass-Through Certificates Series 2007-HY3 Trust                    | CUSIP: 933634AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     306381 | PA      | $246598.36    | 0.13%             | 2037-03-25      | Variable      | 3.83%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                 | Wand NewCo 3 Inc                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |      20000 | PA      | $21050.00     | 0.01%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC            | Waste Connections Inc                                                            | CUSIP: 94106BAJ0<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |      28000 | PA      | $28885.81     | 0.02%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC             | Waste Management Inc                                                             | CUSIP: 94106LBX6<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |      85000 | PA      | $86433.70     | 0.05%             | 2027-07-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20725.00     | 0.01%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO         | Watco Cos LLC / Watco Finance Corp                                               | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15506.25     | 0.01%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN         | Virgin Media Secured Finance PLC                                                 | CUSIP: ZR8707245<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     100000 | PA      | $124346.72    | 0.07%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTH AUST GOVT FIN AUTH         | South Australian Government Financing Authority                                  | CUSIP: BN8412155<br>LEI: 254900TDPILDN6AUAD69 | Long             | DBT              | NUSS              | AU        |     190000 | PA      | $98908.73     | 0.05%             | 2034-05-24      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II             | Teva Pharmaceutical Finance Netherlands II BV                                    | CUSIP: BS1759429<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |     135000 | PA      | $162030.11    | 0.09%             | 2030-05-09      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORP         | Queensland Treasury Corp                                                         | CUSIP: ZH5726810<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |     385000 | PA      | $258705.55    | 0.14%             | 2036-07-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I           | Vmed O2 UK Financing I PLC                                                       | CUSIP: ZB0006997<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     150000 | PA      | $180052.83    | 0.10%             | 2032-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORP         | Queensland Treasury Corp                                                         | CUSIP: YL0100484<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |     135000 | PA      | $88571.92     | 0.05%             | 2038-08-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA                 | Simpar Europe SA                                                                 | CUSIP: BN5372345<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $166000.00    | 0.09%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC         | Virgin Media Bristol LLC                                                         | CUSIP: N/A<br>LEI: 213800IQ982XX69LE276       | Long             | LON              | CORP              | US        |      45000 | PA      | $44437.50     | 0.02%             | 2031-03-31      | Floating      | 7.37%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO             | Veritiv Operating Co                                                             | CUSIP: 92338TAB2<br>LEI: 5493004G8OK5L1UTIY12 | Long             | LON              | CORP              | US        |      24900 | PA      | $24683.56     | 0.01%             | 2030-11-29      | Floating      | 8.00%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                     | VT Topco Inc                                                                     | CUSIP: 91838LAK6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |      10050 | PA      | $9758.32      | 0.01%             | 2030-08-09      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                 | Wand NewCo 3 Inc                                                                 | CUSIP: 93369PAM6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | LON              | CORP              | US        |      67103 | PA      | $66952.87     | 0.04%             | 2031-01-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                          | BDS 2021-FL10 Ltd                                                                | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      45860 | PA      | $45863.58     | 0.02%             | 2036-12-16      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fun   | Bayview MSR Opportunity Master Fund Trust 2021-INV2                              | CUSIP: 07336NAU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     386351 | PA      | $359140.08    | 0.20%             | 2051-12-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON & CO            | Becton Dickinson & Co                                                            | CUSIP: 075887CQ0<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |      86000 | PA      | $87014.11     | 0.05%             | 2028-02-13      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| BELL CANADA                      | Bell Telephone Co of Canada or Bell Canada                                       | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |      19000 | PA      | $19708.72     | 0.01%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2018-B4 Mortgage Trust                                                 | CUSIP: 08161HAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7000000 | PA      | $278038.60    | 0.15%             | 2051-07-15      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2019-B10 Mortgage Trust                                                | CUSIP: 08162VAK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2820000 | PA      | $79618.19     | 0.04%             | 2062-03-15      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2020-B18 Mortgage Trust                                                | CUSIP: 08163AAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1263537 | PA      | $65405.24     | 0.04%             | 2053-07-15      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2021-B25 Mortgage Trust                                                | CUSIP: 08163DAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2190653 | PA      | $90541.67     | 0.05%             | 2054-04-15      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2023-V2 Mortgage Trust                                                 | CUSIP: 08163TAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1795205 | PA      | $37968.40     | 0.02%             | 2055-05-15      | Variable      | 1.22%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP              | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15562.50     | 0.01%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC               | Voyager Parent LLC                                                               | CUSIP: 92921HAC9<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |      60186 | PA      | $60381.76     | 0.03%             | 2032-07-01      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| VOYAGER PARENT LLC               | Voyager Parent LLC                                                               | CUSIP: 92921HAC9<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |       9814 | PA      | $9846.09      | 0.01%             | 2032-07-01      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC         | Builders FirstSource Inc                                                         | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |      35000 | PA      | $36093.75     | 0.02%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC         | Builders FirstSource Inc                                                         | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15618.75     | 0.01%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM          | United Rentals North America Inc                                                 | CUSIP: 91136EAN5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | LON              | CORP              | US        |      78850 | PA      | $79403.88     | 0.04%             | 2031-02-14      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| TKO WORLDWIDE HOLDINGS L         | TKO Worldwide Holdings LLC                                                       | CUSIP: 90266UAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     179175 | PA      | $179648.02    | 0.10%             | 2031-11-21      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP           | Bunge Ltd Finance Corp                                                           | CUSIP: 120568BF6<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |      41000 | PA      | $40167.70     | 0.02%             | 2034-09-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE         | Burlington Northern Santa Fe LLC                                                 | CUSIP: 12189LBL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      34000 | PA      | $34018.94     | 0.02%             | 2055-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BURLINGTON STORES INC            | Burlington Stores Inc                                                            | CUSIP: 122017AD8<br>LEI: 5299003Z37DVGKKC1W09 | Long             | DBT              | CORP              | US        |     110000 | PA      | $147898.30    | 0.08%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2024-AIRC                                           | CUSIP: 12433CAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      93620 | PA      | $93941.23     | 0.05%             | 2039-08-15      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| QUEENSLAND TREASURY CORP         | Queensland Treasury Corp                                                         | CUSIP: YQ2557201<br>LEI: 98INKCEEHOU5YJS0HQ88 | Long             | DBT              | NUSS              | AU        |     100000 | PA      | $116942.35    | 0.06%             | 2035-05-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2022-LBA6                                                               | CUSIP: 12433EAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     350000 | PA      | $349781.22    | 0.19%             | 2039-01-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2022-LBA6                                                               | CUSIP: 12433EAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99875.03     | 0.05%             | 2039-01-15      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-SDMF                                                               | CUSIP: 12434CAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     324792 | PA      | $323370.55    | 0.18%             | 2034-09-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-RISE                                                               | CUSIP: 12434EAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     380398 | PA      | $380045.69    | 0.21%             | 2036-11-15      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Trust 2021-RISE                                                               | CUSIP: 12434EAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      84533 | PA      | $84427.23     | 0.05%             | 2036-11-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2021-CIP                                            | CUSIP: 12434FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      96761 | PA      | $96753.37     | 0.05%             | 2038-12-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| BX Trust                         | BX Commercial Mortgage Trust 2023-XL3                                            | CUSIP: 12434GAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     322204 | PA      | $322606.72    | 0.18%             | 2040-12-09      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trus   | CFCRE Commercial Mortgage Trust 2016-C4                                          | CUSIP: 12531YAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     414170 | PA      | $1468.73      | 0.00%             | 2058-05-10      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS         | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19350.00     | 0.01%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                 | CIFC Funding 2015-IV Ltd                                                         | CUSIP: 12550TBE4<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $250412.25    | 0.14%             | 2034-04-20      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| AREIT CRE Trust                  | AREIT 2025-CRE10 Ltd                                                             | CUSIP: 00193DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $98999.98     | 0.05%             | 2030-01-17      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| AT&T INC                         | AT&T Inc                                                                         | CUSIP: 00206RKJ0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      91000 | PA      | $62670.79     | 0.03%             | 2053-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AT&T INC                         | AT&T Inc                                                                         | CUSIP: 00206RMZ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10343.48     | 0.01%             | 2056-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Arizona Biltmore Trust           | ARZ Trust 2024-BILT                                                              | CUSIP: 00218TAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     250000 | PA      | $255684.15    | 0.14%             | 2039-06-11      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                 | Aris Mining Corp                                                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $207500.00    | 0.11%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE           | Arizona Public Service Co                                                        | CUSIP: 040555DJ0<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |      74000 | PA      | $75440.71     | 0.04%             | 2055-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ARROW ELECTRONICS INC            | Arrow Electronics Inc                                                            | CUSIP: 04273WAE1<br>LEI: 549300YNNLBXT8N8R512 | Long             | DBT              | CORP              | US        |      36000 | PA      | $37566.68     | 0.02%             | 2034-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust            | Arroyo Mortgage Trust 2019-2                                                     | CUSIP: 042858AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      55142 | PA      | $54089.18     | 0.03%             | 2049-04-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Arroyo Mortgage Trust            | Arroyo Mortgage Trust 2019-1                                                     | CUSIP: 042859AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      26709 | PA      | $26080.33     | 0.01%             | 2049-01-25      | Variable      | 3.81%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO          | Arthur J Gallagher & Co                                                          | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20423.36     | 0.01%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD         | Aspen Insurance Holdings Ltd                                                     | CUSIP: 04530DAE2<br>LEI: 549300YX6HECG9XQCQ75 | Long             | DBT              | CORP              | BM        |      29000 | PA      | $30298.91     | 0.02%             | 2030-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING            | Athene Global Funding                                                            | CUSIP: 04685A4C2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |      31000 | PA      | $31201.75     | 0.02%             | 2029-10-08      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING            | Athene Global Funding                                                            | CUSIP: 04685A4R9<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |      19000 | PA      | $19286.06     | 0.01%             | 2030-07-17      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD               | Athene Holding Ltd                                                               | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |      52000 | PA      | $52550.52     | 0.03%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Bank                             | BANK 2019-BNK18                                                                  | CUSIP: 065402BG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     125000 | PA      | $112522.46    | 0.06%             | 2062-05-15      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $14887.50     | 0.01%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP           | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      25000 | PA      | $23937.50     | 0.01%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCL INDUSTRIES INC               | CCL Industries Inc                                                               | CUSIP: 124900AD3<br>LEI: 549300TD3EMSRRC0YH75 | Long             | DBT              | CORP              | CA        |      37000 | PA      | $34780.93     | 0.02%             | 2030-06-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC           | CACI International Inc                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |      85000 | PA      | $87443.75     | 0.05%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC           | Cadence Design Systems Inc                                                       | CUSIP: 127387AM0<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |     121000 | PA      | $121155.36    | 0.07%             | 2027-09-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CBAM CLO Management LLC          | CBAM 2017-1 Ltd                                                                  | CUSIP: 14987LAJ0<br>LEI: 254900JWJFDB3KD6V066 | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $251484.83    | 0.14%             | 2038-01-20      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| CIM Trust                        | CIM Trust 2018-INV1                                                              | CUSIP: 12553XAK9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     158967 | PA      | $150147.48    | 0.08%             | 2048-08-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                        | CIM Trust 2019-INV2                                                              | CUSIP: 12554TAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      11285 | PA      | $10581.83     | 0.01%             | 2049-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC            | DB Master Finance LLC                                                            | CUSIP: 233046AK7<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |      84600 | PA      | $85534.09     | 0.05%             | 2049-05-20      | Fixed         | 4.02%                 | No            |                  2 | On Loan: No      |
| DBGS Mortgage Trust              | DBGS 2021-W52 Mortgage Trust                                                     | CUSIP: 23308LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99189.01     | 0.05%             | 2036-10-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| DCLI BIDCO LLC                   | Dcli Bidco LLC                                                                   | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20750.00     | 0.01%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC          | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |     205000 | PA      | $206281.25    | 0.11%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CIM Trust                        | CIM Trust 2019-J1                                                                | CUSIP: 12556MCQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     149774 | PA      | $139636.89    | 0.08%             | 2049-08-25      | Variable      | 3.92%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                 | CIFC Funding 2022-IV Ltd                                                         | CUSIP: 12567WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $250899.78    | 0.14%             | 2035-07-16      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer LLC              | DataBank Issuer                                                                  | CUSIP: 23802WAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     355000 | PA      | $354145.23    | 0.19%             | 2053-02-25      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR          | Dealer Tire LLC / DT Issuer LLC                                                  | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $14850.00     | 0.01%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 3132DULA3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     113317 | PA      | $117498.26    | 0.06%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 3132DWHT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1650807 | PA      | $1670864.66   | 0.91%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CPPIB CAPITAL INC                | CPPIB Capital Inc                                                                | CUSIP: 12593CAR2<br>LEI: 549300KW9NB55HTDK075 | Long             | DBT              | CORP              | CA        |     100000 | PA      | $68228.78     | 0.04%             | 2031-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trus   | CSAIL 2016-C6 Commercial Mortgage Trust                                          | CUSIP: 12636MAG3<br>LEI: 549300C2HE5FJAWYZL57 | Long             | ABS-MBS          | CORP              | US        |     509608 | PA      | $645.06       | 0.00%             | 2049-01-15      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| CPT MORTGAGE TRUST               | Century Plaza Towers 2019-CPT                                                    | CUSIP: 12654YAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     130000 | PA      | $106980.42    | 0.06%             | 2039-11-13      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust     | CSMC Series 2019-NQM1                                                            | CUSIP: 12655VAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       4906 | PA      | $4866.88      | 0.00%             | 2059-10-25      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                     | Centene Corp                                                                     | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |      45000 | PA      | $43328.79     | 0.02%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                     | Centene Corp                                                                     | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     195000 | PA      | $179634.98    | 0.10%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 3137AJXH2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     395997 | PA      | $35477.04     | 0.02%             | 2041-12-15      | Floating      | 1.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 3137ASD43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     228384 | PA      | $22015.80     | 0.01%             | 2041-05-15      | Floating      | 1.51%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                     | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     210000 | PA      | $185641.05    | 0.10%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                     | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     155000 | PA      | $133346.04    | 0.07%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 3137ASXM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     310771 | PA      | $32901.29     | 0.02%             | 2042-08-15      | Floating      | 1.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 3137B4QW9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     531152 | PA      | $404367.33    | 0.22%             | 2043-09-15      | Floating      | 1.30%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC               | Cenovus Energy Inc                                                               | CUSIP: 15135UAF6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     434000 | PA      | $477647.38    | 0.26%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC               | Cenovus Energy Inc                                                               | CUSIP: 15135UAR0<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     107000 | PA      | $98949.96     | 0.05%             | 2047-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 3137FU6G4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    2179726 | PA      | $329841.44    | 0.18%             | 2050-07-25      | Floating      | 1.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 31395UF22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     133034 | PA      | $10816.26     | 0.01%             | 2035-05-15      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| CENOVUS ENERGY INC               | Cenovus Energy Inc                                                               | CUSIP: 15135UAT6<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |     100000 | PA      | $72135.52     | 0.04%             | 2028-02-07      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC           | CenterPoint Energy Inc                                                           | CUSIP: 15189TBD8<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     170000 | PA      | $188200.20    | 0.10%             | 2026-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC           | CenterPoint Energy Inc                                                           | CUSIP: 15189TBQ9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     130000 | PA      | $131402.70    | 0.07%             | 2028-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                      | Chemours Co/The                                                                  | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |      45000 | PA      | $44775.00     | 0.02%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 31395VG29<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     138815 | PA      | $162894.67    | 0.09%             | 2034-08-15      | Floating      | 2.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 31397H6T0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     792711 | PA      | $72678.48     | 0.04%             | 2037-05-15      | Floating      | 1.92%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS         | Cheniere Energy Partners LP                                                      | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |      72000 | PA      | $69387.05     | 0.04%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY INC              | Cheniere Energy Inc                                                              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |      64000 | PA      | $63749.57     | 0.03%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHILE ELEC PEC SPA               | Chile Electricity PEC SpA                                                        | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     180833 | PA      | $162524.09    | 0.09%             | 2028-01-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CISCO SYSTEMS INC                | Cisco Systems Inc                                                                | CUSIP: 17275RBW1<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |      97000 | PA      | $98446.56     | 0.05%             | 2028-02-24      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac REMICS                                                               | CUSIP: 31397KBZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     268903 | PA      | $19701.03     | 0.01%             | 2037-08-15      | Floating      | 1.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 31425XAK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     262879 | PA      | $269029.78    | 0.15%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage    | Citigroup Commercial Mortgage Trust 2016-C1                                      | CUSIP: 17290YAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     661611 | PA      | $2497.52      | 0.00%             | 2049-05-10      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage    | Citigroup Commercial Mortgage Trust 2023-SMRT                                    | CUSIP: 17291NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $103146.87    | 0.06%             | 2040-10-12      | Variable      | 6.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 31427N3W7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1121133 | PA      | $1154019.66   | 0.63%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 3142GT3M6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     184808 | PA      | $191395.65    | 0.10%             | 2055-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                                                    | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30593.61     | 0.02%             | 2031-05-07      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                                                    | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      21000 | PA      | $21000.80     | 0.01%             | 2031-09-11      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust    | Citigroup Mortgage Loan Trust 2015-RP2                                           | CUSIP: 17323TAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     346515 | PA      | $341680.59    | 0.19%             | 2053-01-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage    | Citigroup Commercial Mortgage Trust 2017-P8                                      | CUSIP: 17326DAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     934440 | PA      | $10922.66     | 0.01%             | 2050-09-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 3142GTBV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     150782 | PA      | $154742.68    | 0.08%             | 2054-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                      | Freddie Mac Pool                                                                 | CUSIP: 3142GTT97<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     192592 | PA      | $196196.05    | 0.11%             | 2055-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                                                    | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      77000 | PA      | $69965.82     | 0.04%             | 2033-01-25      | Variable      | 3.06%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                    | Citigroup Inc                                                                    | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |      19000 | PA      | $19570.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS         | Focus Financial Partners LLC                                                     | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |      50000 | PA      | $51000.00     | 0.03%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY               | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     770000 | PA      | $671574.75    | 0.37%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage    | Citigroup Commercial Mortgage Trust 2019-C7                                      | CUSIP: 17328CAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3585618 | PA      | $107057.94    | 0.06%             | 2072-12-15      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP         | Citizens Financial Group Inc                                                     | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |      12725 | NS      | $321306.25    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES INC            | Civitas Resources Inc                                                            | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15525.00     | 0.01%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC            | Civitas Resources Inc                                                            | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |     165000 | PA      | $170775.00    | 0.09%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN         | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $36050.00     | 0.02%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CLARIOS GLOBAL LP/US FIN         | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $35787.50     | 0.02%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9712.50      | 0.01%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO         | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20650.00     | 0.01%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     299000 | PA      | $303111.25    | 0.16%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC             | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     230000 | PA      | $234025.00    | 0.13%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC             | Cleveland-Cliffs Inc                                                             | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     135000 | PA      | $139050.00    | 0.08%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC           | Cloud Software Group Inc                                                         | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     226000 | PA      | $231932.50    | 0.13%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5131.25      | 0.00%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cent CLO LP                      | Columbia Cent CLO 27 Ltd                                                         | CUSIP: 19736RAY7<br>LEI: 549300066YASG4MIU864 | Long             | ABS-CBDO         | CORP              | KY        |     500000 | PA      | $500192.00    | 0.27%             | 2035-01-25      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R04                                     | CUSIP: 20753YCH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      23687 | PA      | $24039.34     | 0.01%             | 2042-03-25      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R05                                     | CUSIP: 20754DAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     210000 | PA      | $215536.52    | 0.12%             | 2042-04-25      | Floating      | 7.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R06                                     | CUSIP: 20754NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      47487 | PA      | $48596.00     | 0.03%             | 2042-05-25      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R08                                     | CUSIP: 20755DAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $312168.15    | 0.17%             | 2042-07-25      | Floating      | 7.96%                 | No            |                  2 | On Loan: No      |
| CONSUMERS ENERGY CO              | Consumers Energy Co                                                              | CUSIP: 210518DY9<br>LEI: 7NKTFWJ1G6MELP9TU740 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20205.96     | 0.01%             | 2031-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES            | Continental Resources Inc/OK                                                     | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     162000 | PA      | $166989.44    | 0.09%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES            | Continental Resources Inc/OK                                                     | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     376000 | PA      | $326113.82    | 0.18%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC         | Corebridge Financial Inc                                                         | CUSIP: 21871XAD1<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |      45000 | PA      | $44604.00     | 0.02%             | 2027-04-05      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                    | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     295000 | PA      | $304218.75    | 0.17%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING             | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19375.00     | 0.01%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIARY LLC         | Cougar JV Subsidiary LLC                                                         | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15937.50     | 0.01%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                    | DTE Energy Co                                                                    | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |      50000 | PA      | $52980.45     | 0.03%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                 | DT Midstream Inc                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $19475.00     | 0.01%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC              | Dominion Energy Inc                                                              | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     125000 | PA      | $130781.25    | 0.07%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC              | Dominion Energy Inc                                                              | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     155000 | PA      | $167981.25    | 0.09%             | 2054-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC              | Dominion Energy Inc                                                              | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     140000 | PA      | $144900.00    | 0.08%             | 2055-05-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Master Issuer LL   | Domino's Pizza Master Issuer LLC                                                 | CUSIP: 25755TAR1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      50000 | PA      | $50309.61     | 0.03%             | 2055-07-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB          | Dornoch Debt Merger Sub Inc                                                      | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $8587.50      | 0.00%             | 2029-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                 | Duke Energy Corp                                                                 | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      25000 | PA      | $22438.93     | 0.01%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                 | Duke Energy Corp                                                                 | CUSIP: 26441CCF0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      51000 | PA      | $51373.32     | 0.03%             | 2054-06-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                 | Duke Energy Corp                                                                 | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |      45000 | PA      | $47418.75     | 0.03%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| ELP 2021-ELP                     | ELP Commercial Mortgage Trust 2021-ELP                                           | CUSIP: 26863LAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      99174 | PA      | $99111.69     | 0.05%             | 2038-11-15      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                         | EQT Corp                                                                         | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     350000 | PA      | $326187.05    | 0.18%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EQT CORP                         | EQT Corp                                                                         | CUSIP: 26884LAR0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |      55000 | PA      | $57399.05     | 0.03%             | 2034-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO IV Ltd               | Elmwood CLO IV Ltd                                                               | CUSIP: 29002GAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $250655.53    | 0.14%             | 2037-04-18      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| EMERA INC                        | Emera Inc                                                                        | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |     230000 | PA      | $230862.50    | 0.13%             | 2076-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS         | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      30000 | PA      | $30750.00     | 0.02%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Empower CLO Ltd.                 | Empower CLO 2024-2 Ltd                                                           | CUSIP: 29244PAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     500000 | PA      | $501884.00    | 0.27%             | 2037-07-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                     | Enbridge Inc                                                                     | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     165000 | PA      | $186952.43    | 0.10%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                     | Enbridge Inc                                                                     | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     140000 | PA      | $148925.00    | 0.08%             | 2054-06-27      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                     | Enbridge Inc                                                                     | CUSIP: 29250NCH6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |      69000 | PA      | $69798.33     | 0.04%             | 2028-06-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                                               | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     320000 | PA      | $330457.60    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP               | Energy Transfer LP                                                               | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     185000 | PA      | $196441.14    | 0.11%             | 2054-05-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| ENTERGY LOUISIANA LLC            | Entergy Louisiana LLC                                                            | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |      71000 | PA      | $72435.62     | 0.04%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER         | Enterprise Products Operating LLC                                                | CUSIP: 29379VCJ0<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     100000 | PA      | $100692.70    | 0.05%             | 2028-06-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                      | Equinix Inc                                                                      | CUSIP: 29444UBM7<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |      58000 | PA      | $36932.66     | 0.02%             | 2051-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC           | EquipmentShare.com Inc                                                           | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |      20000 | PA      | $21525.00     | 0.01%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| ESSENTIAL PROPERTIES LP          | Essential Properties LP                                                          | CUSIP: 29670VAB5<br>LEI: 254900XX9FNFCDE1NX02 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20054.16     | 0.01%             | 2035-12-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| EUSHI FINANCE INC                | EUSHI Finance Inc                                                                | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      80000 | PA      | $84239.36     | 0.05%             | 2054-12-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| EUSHI FINANCE INC                | EUSHI Finance Inc                                                                | CUSIP: 29882DAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     150000 | PA      | $149334.90    | 0.08%             | 2056-04-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                | Eversource Energy                                                                | CUSIP: 30040WAQ1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |      61000 | PA      | $59871.20     | 0.03%             | 2027-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| EXELON CORP                      | Exelon Corp                                                                      | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |     210000 | PA      | $215512.50    | 0.12%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables    | Exeter Automobile Receivables Trust 2024-1                                       | CUSIP: 30167PAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      85082 | PA      | $85287.88     | 0.05%             | 2028-08-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC                | Expedia Group Inc                                                                | CUSIP: 30212PAP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      65000 | PA      | $64390.95     | 0.04%             | 2028-02-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP           | Extra Space Storage LP                                                           | CUSIP: 30225VAU1<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |      36000 | PA      | $36655.20     | 0.02%             | 2035-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust             | FREMF 2019-KF71 Mortgage Trust                                                   | CUSIP: 30314GAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     127375 | PA      | $124066.27    | 0.07%             | 2029-10-25      | Floating      | 10.47%                | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd             | FS Rialto 2021-FL3                                                               | CUSIP: 30323CAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99783.85     | 0.05%             | 2036-11-16      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| FS Rialto Issuer Ltd             | FS Rialto 2022-Fl4 Issuer LLC                                                    | CUSIP: 30326MAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $99999.18     | 0.05%             | 2039-01-19      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                 | Freddie Mac Strips                                                               | CUSIP: 31325YQS0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    4074617 | PA      | $216293.69    | 0.12%             | 2037-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 3136BVAP3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     634487 | PA      | $636680.05    | 0.35%             | 2054-08-25      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multiclass Certifi   | Freddie Mac Multiclass Certificates Series 2021-P011                             | CUSIP: 3137H2NR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     506581 | PA      | $53739.83     | 0.03%             | 2045-09-25      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31396QKF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      50193 | PA      | $6932.56      | 0.00%             | 2039-07-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QT2S7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     156615 | PA      | $158420.22    | 0.09%             | 2054-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae Pool                                                                  | CUSIP: 3140QUBJ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     238408 | PA      | $242720.83    | 0.13%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS          | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10050.00     | 0.01%             | 2033-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2021-DNA5                                          | CUSIP: 35564KHE2<br>LEI: 5493000ISU5NYXNHD479 | Long             | ABS-MBS          | CORP              | US        |     112647 | PA      | $113269.04    | 0.06%             | 2034-01-25      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2021-HQA4                                          | CUSIP: 35564KNS4<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |     400000 | PA      | $404996.28    | 0.22%             | 2041-12-25      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2021-HQA4                                          | CUSIP: 35564KPN3<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $719252.31    | 0.39%             | 2041-12-25      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-DNA3                                          | CUSIP: 35564KUW7<br>LEI: 5493000IS4M3TZMRB410 | Long             | ABS-MBS          | CORP              | US        |      41001 | PA      | $41462.35     | 0.02%             | 2042-04-25      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-DNA4                                          | CUSIP: 35564KWS4<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | CORP              | US        |      73954 | PA      | $74895.88     | 0.04%             | 2042-05-25      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-DNA4                                          | CUSIP: 35564KWT2<br>LEI: 5493000IS4CDPWRMWB65 | Long             | ABS-MBS          | CORP              | US        |     110000 | PA      | $114237.13    | 0.06%             | 2042-05-25      | Floating      | 7.71%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD            | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5225.00      | 0.00%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC             | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     480000 | PA      | $461352.48    | 0.25%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FULL HOUSE RESORTS INC           | Full House Resorts Inc                                                           | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13856.25     | 0.01%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GATX CORP                        | GATX Corp                                                                        | CUSIP: 361448AU7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14240.66     | 0.01%             | 2044-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GATX CORP                        | GATX Corp                                                                        | CUSIP: 361448BP7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      59000 | PA      | $59804.11     | 0.03%             | 2027-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GATX CORP                        | GATX Corp                                                                        | CUSIP: 361448BS1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      21000 | PA      | $21621.79     | 0.01%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GCAT                             | GCAT 2022-NQM4 Trust                                                             | CUSIP: 36170HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      72820 | PA      | $72789.67     | 0.04%             | 2067-08-25      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECH INC           | GE HealthCare Technologies Inc                                                   | CUSIP: 36266GAB3<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |      34000 | PA      | $34572.29     | 0.02%             | 2031-01-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY             | Garda World Security Corp                                                        | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |      45000 | PA      | $46631.25     | 0.03%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                      | Gartner Inc                                                                      | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |      90000 | PA      | $84965.31     | 0.05%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                | Chord Energy Corp                                                                | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |      25000 | PA      | $25312.50     | 0.01%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                | Chord Energy Corp                                                                | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9912.50      | 0.01%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BCRR Trust                       | BCRR 2016-FRR3 Trust                                                             | CUSIP: 81753WAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     797720 | PA      | $792443.80    | 0.43%             | 2026-05-26      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC           | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |      60000 | PA      | $60462.00     | 0.03%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP               | Expand Energy Corp                                                               | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |      22000 | PA      | $22115.15     | 0.01%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COSAN OVERSEAS LTD               | Cosan Overseas Ltd                                                               | CUSIP: EI4473803<br>LEI: 222100V5GTJGKUH55655 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $201500.00    | 0.11%             | 2025-11-05      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND            | China Government Bond                                                            | CUSIP: BQ8787179<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     680000 | PA      | $96630.79     | 0.05%             | 2026-08-12      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| EUROPEAN BK RECON & DEV          | European Bank for Reconstruction & Development                                   | CUSIP: BR9632133<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | CORP              | GB        |   11300000 | PA      | $126474.22    | 0.07%             | 2027-10-26      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                 | Bank of Montreal                                                                 | CUSIP: 06368D8W7<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     270000 | PA      | $206037.72    | 0.11%             | 2082-11-26      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP              | American Tower Corp                                                              | CUSIP: ZK5588874<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     100000 | PA      | $125363.08    | 0.07%             | 2031-05-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA         | AI Candelaria -spain- SA                                                         | CUSIP: AV1352799<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     162499 | PA      | $164936.83    | 0.09%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST                  | Energuate Trust                                                                  | CUSIP: AN3844965<br>LEI: 549300RVM37LH8GY7E41 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $200000.00    | 0.11%             | 2027-05-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX            | Chile Electricity Lux MPC Sarl                                                   | CUSIP: ZI3801118<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     179000 | PA      | $187654.83    | 0.10%             | 2033-01-20      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR         | Gainwell Acquisition Corp                                                        | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      91650 | PA      | $90366.65     | 0.05%             | 2027-10-01      | Floating      | 8.10%                 | No            |                  2 | On Loan: No      |
| ADMI CORP                        | ADMI Corp                                                                        | CUSIP: 00709LAJ6<br>LEI: 5493008U1LYGMQWO7N12 | Long             | LON              | CORP              | US        |      44095 | PA      | $41879.44     | 0.02%             | 2027-12-23      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                     | Cotiviti Inc                                                                     | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |      49004 | PA      | $48228.39     | 0.03%             | 2031-05-01      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC             | Aramark Services Inc                                                             | CUSIP: 03852JAV3<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |      94985 | PA      | $95321.01     | 0.05%             | 2030-06-24      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CPI HOLDCO B LLC                 | CPI Holdco B LLC                                                                 | CUSIP: 1261MAAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      20000 | PA      | $20000.00     | 0.01%             | 2031-05-19      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CENTRAL PARENT LLC               | Central Parent LLC                                                               | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |          0 | PA      | $0.01         | 0.00%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                | Emrld Borrower LP                                                                | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |      14888 | PA      | $14839.12     | 0.01%             | 2031-08-04      | Floating      | 6.12%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD               | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |      22342 | PA      | $22276.45     | 0.01%             | 2031-02-18      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Ardonagh Group Finco PTY Limited | Ardonagh Group Finco PTY Limited, Senior Secured First Lien Term Loan            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | N/A       |       2809 | PA      | $2801.21      | 0.00%             | 2031-02-17      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| BCP VI SUMMIT HOLDINGS L         | BCP VI Summit Holdings LP                                                        | CUSIP: 05614GAC5<br>LEI: 254900LK60A9DK5W5N81 | Long             | LON              | CORP              | US        |      50000 | PA      | $50289.25     | 0.03%             | 2032-01-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                | Clean Harbors Inc                                                                | CUSIP: 18449EAH3<br>LEI: 5493000SJVZVZJKHJF48 | Long             | LON              | CORP              | US        |     128869 | PA      | $129131.05    | 0.07%             | 2028-10-10      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC           | CACI International Inc                                                           | CUSIP: 12718FAL8<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | LON              | CORP              | US        |     205206 | PA      | $205846.87    | 0.11%             | 2031-10-30      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC           | CACI International Inc                                                           | CUSIP: 12718FAL8<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | LON              | CORP              | US        |      13595 | PA      | $13637.13     | 0.01%             | 2031-10-30      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| AECOM TECHNOLOGY                 | AECOM                                                                            | CUSIP: 00766WAX1<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | LON              | CORP              | US        |     187864 | PA      | $189624.76    | 0.10%             | 2031-04-17      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC             | Cengage Learning Inc                                                             | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |       9142 | PA      | $9129.12      | 0.00%             | 2031-03-24      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC             | Cengage Learning Inc                                                             | CUSIP: 15131YAQ8<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |      15609 | PA      | $15587.96     | 0.01%             | 2031-03-24      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| FREEPORT LNG INVESTMENTS         | Freeport LNG Investments LLLP                                                    | CUSIP: 35670CAC2<br>LEI: 549300LR5YVRZH4YPQ33 | Long             | LON              | CORP              | US        |      52356 | PA      | $52444.92     | 0.03%             | 2028-12-21      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                | Clarios Global LP                                                                | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |     350000 | PA      | $350656.26    | 0.19%             | 2032-01-28      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| CLEARWATER ANALYTICS LLC         | Clearwater Analytics LLC                                                         | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |     170000 | PA      | $170637.50    | 0.09%             | 2032-04-21      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY             | Garda World Security Corp                                                        | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |      14175 | PA      | $14210.38     | 0.01%             | 2029-02-01      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| GBT US III LLC                   | GBT US III LLC                                                                   | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      24875 | PA      | $24958.33     | 0.01%             | 2031-07-28      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                     | Cotiviti Inc                                                                     | CUSIP: 22164MAF4<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |      25112 | PA      | $24704.42     | 0.01%             | 2032-03-29      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                  | Gen Digital Inc, Senior Secured First Lien Term Loan                             | CUSIP: 66877AAG3<br>LEI: N/A                  | Long             | LON              | CORP              | N/A       |      55000 | PA      | $54835.00     | 0.03%             | 2032-04-16      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION           | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972FAE2<br>LEI: 254900QKSDYFR3K5YD98 | Long             | LON              | CORP              | US        |     175993 | PA      | $175921.03    | 0.10%             | 2032-03-29      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| CROWN FINANCE US INC             | Crown Finance US Inc                                                             | CUSIP: 22834KAV3<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |      34887 | PA      | $34859.21     | 0.02%             | 2031-12-02      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| FRONERI US INC                   | Froneri US Inc                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      70000 | PA      | $69935.95     | 0.04%             | 2032-07-16      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| CHG HEALTHCARE SERVICES INC      | CHG Healthcare Services Inc                                                      | CUSIP: 12541HAX1<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |      53292 | PA      | $53365.20     | 0.03%             | 2028-09-29      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| CHG HEALTHCARE SERVICES INC      | CHG Healthcare Services Inc                                                      | CUSIP: 12541HAX1<br>LEI: 54930016Y1HPAVB9PZ54 | Long             | LON              | CORP              | US        |          1 | PA      | $1.01         | 0.00%             | 2028-09-29      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC             | Aramark Services Inc                                                             | CUSIP: 03852JBB6<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |      30000 | PA      | $30075.00     | 0.02%             | 2028-04-06      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC           | Cloud Software Group Inc                                                         | CUSIP: 88632NBK5<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | LON              | CORP              | US        |     223788 | PA      | $224886.52    | 0.12%             | 2031-03-24      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| AVEANNA HEALTHCARE LLC           | Aveanna Healthcare LLC                                                           | CUSIP: 05549DAN8<br>LEI: 5493006D6JRLPIY8YV18 | Long             | LON              | CORP              | US        |      45000 | PA      | $45045.68     | 0.02%             | 2032-09-17      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| Clean Harbours 9/25 T/L B        | Clean Harbours 9/25 T/L B                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     145000 | PA      | $145725.00    | 0.08%             | 2032-09-24      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| EMPRESA ELECTRICA COCHRA         | Empresa Electrica Cochrane SpA                                                   | CUSIP: ZQ3807125<br>LEI: 5493000S11JF8TJHYT07 | Long             | DBT              | CORP              | CL        |      62060 | PA      | $61516.98     | 0.03%             | 2027-05-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADANI TRANS STEP-ONE LTD         | Adani Transmission Step-One Ltd                                                  | CUSIP: ZQ5578609<br>LEI: 335800Z8CGS7O7D72N41 | Long             | DBT              | CORP              | IN        |     139000 | PA      | $125797.50    | 0.07%             | 2036-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-HQA3                                          | CUSIP: 35564KE47<br>LEI: 5493000IRJ8RDHSNEL96 | Long             | ABS-MBS          | CORP              | US        |     105000 | PA      | $109777.59    | 0.06%             | 2042-08-25      | Floating      | 7.91%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-DNA6                                          | CUSIP: 35564KH36<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-MBS          | CORP              | US        |      47779 | PA      | $48073.04     | 0.03%             | 2042-09-25      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-DNA7                                          | CUSIP: 35564KL31<br>LEI: 5493000IRUQLXTG4SV18 | Long             | ABS-MBS          | CORP              | US        |      44001 | PA      | $44498.20     | 0.02%             | 2052-03-25      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2022-HQA1                                          | CUSIP: 35564KTB5<br>LEI: 5493000IRODEKU3J3Q16 | Long             | ABS-MBS          | CORP              | US        |      85000 | PA      | $87966.07     | 0.05%             | 2042-03-25      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac STACR REMIC Trust 2024-HQA1                                          | CUSIP: 35564NCA9<br>LEI: 529900PGKDI4ZEXFQ523 | Long             | ABS-MBS          | CORP              | US        |     185000 | PA      | $186600.45    | 0.10%             | 2044-03-25      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac Stacr Remic Trust 2025-Hqa1                                          | CUSIP: 35564NGZ0<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |     126820 | PA      | $126963.44    | 0.07%             | 2045-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Freddie Mac - STACR              | Freddie Mac Stacr Remic Trust 2025-Hqa1                                          | CUSIP: 35564NHA4<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |     120000 | PA      | $120453.19    | 0.07%             | 2045-02-25      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                | HSBC Holdings PLC                                                                | CUSIP: 404280EV7<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $208250.00    | 0.11%             | 2031-08-27      | Variable      | 6.95%                 | No            |                  2 | On Loan: —       |
| HSBC HOLDINGS PLC                | HSBC Holdings PLC                                                                | CUSIP: 404280EZ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     235000 | PA      | $238975.73    | 0.13%             | 2031-05-13      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| HTL Commercial Mortgage Trust    | HTL Commercial Mortgage Trust 2024-T53                                           | CUSIP: 404300AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     500000 | PA      | $508025.25    | 0.28%             | 2039-05-10      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824C208<br>LEI: 549300BX44RGX6ANDV88 | Long             | EP               | CORP              | US        |       2750 | NS      | $186725.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HP ENTERPRISE CO                 | Hewlett Packard Enterprise Co                                                    | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |      73000 | PA      | $72133.71     | 0.04%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     130000 | PA      | $129350.00    | 0.07%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |      70000 | PA      | $63787.50     | 0.03%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                   | Home Depot Inc/The                                                               | CUSIP: 437076DB5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |      43000 | PA      | $43690.67     | 0.02%             | 2027-06-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Home Partners of America Trust   | Home Partners of America 2019-1 Trust                                            | CUSIP: 43731QAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      76218 | PA      | $74242.90     | 0.04%             | 2039-09-17      | Fixed         | 3.16%                 | No            |                  2 | On Loan: No      |
| HONDA MOTOR CO LTD               | Honda Motor Co Ltd                                                               | CUSIP: 438127AD4<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | DBT              | CORP              | JP        |      82000 | PA      | $82459.28     | 0.04%             | 2028-07-08      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| Horizon Aircraft Finance         | Horizon Aircraft Finance IV Ltd                                                  | CUSIP: 43990EAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     266000 | PA      | $268582.81    | 0.15%             | 2049-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAY2<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |      45000 | PA      | $42708.69     | 0.02%             | 2029-12-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HOST HOTELS & RESORTS LP         | Host Hotels & Resorts LP                                                         | CUSIP: 44107TAZ9<br>LEI: FXB7X4WXVA8QPMNOGS12 | Long             | DBT              | CORP              | US        |      30000 | PA      | $28150.17     | 0.02%             | 2030-09-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD            | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15600.00     | 0.01%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Hundred Acre Wood Trust          | Hundred Acre Wood Trust 2021-INV1                                                | CUSIP: 44590HBD7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     275272 | PA      | $226540.44    | 0.12%             | 2051-07-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA          | Hyundai Capital America                                                          | CUSIP: 44891ACU9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      61000 | PA      | $62464.79     | 0.03%             | 2029-01-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                  | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14812.50     | 0.01%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC           | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19800.00     | 0.01%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: EJ3390386<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 1779000000 | PA      | $108640.16    | 0.06%             | 2033-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: EJ8243903<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |  514000000 | PA      | $34346.86     | 0.02%             | 2029-03-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: BK8407086<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 5458000000 | PA      | $339565.22    | 0.18%             | 2031-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDINGS LTD           | DBS Group Holdings Ltd                                                           | CUSIP: BO3306350<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $197834.00    | 0.11%             | 2031-03-10      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: BQ3772713<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 5326000000 | PA      | $326910.62    | 0.18%             | 2032-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: BK4327957<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     405000 | PA      | $157259.01    | 0.09%             | 2041-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV         | Asian Infrastructure Investment Bank/The                                         | CUSIP: ZO9323437<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | CORP              | CN        |      75000 | PA      | $100059.51    | 0.05%             | 2025-12-15      | Fixed         | 0.20%                 | No            |                  2 | On Loan: No      |
| NEW ZEALAND GOVERNMENT           | New Zealand Government Bond                                                      | CUSIP: BM0493585<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |     180000 | PA      | $97316.46     | 0.05%             | 2028-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: BQ3771400<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |  211000000 | PA      | $12680.26     | 0.01%             | 2027-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ASIAN INFRASTRUCTURE INV         | Asian Infrastructure Investment Bank/The                                         | CUSIP: ZD2723355<br>LEI: 25490065OSV2524LCR32 | Long             | DBT              | CORP              | CN        |   20300000 | PA      | $230335.88    | 0.13%             | 2029-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: BY4236745<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 4531000000 | PA      | $280016.62    | 0.15%             | 2028-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP         | New South Wales Treasury Corp                                                    | CUSIP: ZF3604757<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     295000 | PA      | $193060.00    | 0.11%             | 2035-09-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: YV1931588<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 2823000000 | PA      | $175867.90    | 0.10%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW S WALES TREASURY CRP         | New South Wales Treasury Corp                                                    | CUSIP: ZK3909205<br>LEI: TC7LRO17HPNPLTAV0H77 | Long             | DBT              | NUSS              | AU        |     355000 | PA      | $221184.97    | 0.12%             | 2036-02-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC         | Ford Motor Credit Co LLC                                                         | CUSIP: 345397E33<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     200000 | PA      | $269800.28    | 0.15%             | 2028-10-09      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                   | Czech Republic Government Bond                                                   | CUSIP: YP7773367<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    3280000 | PA      | $155136.63    | 0.08%             | 2034-10-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT             | Indonesia Treasury Bond                                                          | CUSIP: UV4168299<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 2438000000 | PA      | $166702.73    | 0.09%             | 2031-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DCERT BUYER INC                  | Dcert Buyer Inc                                                                  | CUSIP: 24022KAB5<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |          0 | PA      | $0.01         | 0.00%             | 2026-10-16      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                      | Asurion LLC                                                                      | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |      44320 | PA      | $44510.70     | 0.02%             | 2028-08-21      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN         | Hilton Domestic Operating Co Inc                                                 | CUSIP: 43289DAK9<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |     140000 | PA      | $140297.50    | 0.08%             | 2030-11-08      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION MOLDING          | Husky Injection Molding Systems Ltd                                              | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |      29475 | PA      | $29589.89     | 0.02%             | 2029-02-15      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION MOLDING          | Husky Injection Molding Systems Ltd                                              | CUSIP: C8856UAE8<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |      29475 | PA      | $29589.89     | 0.02%             | 2029-02-15      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP LTD               | Ardonagh Group Finco Pty Ltd                                                     | CUSIP: N/A<br>LEI: 254900YP2E642AGM4G32       | Long             | LON              | CORP              | AU        |      29712 | PA      | $29624.93     | 0.02%             | 2031-02-18      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC             | INEOS US Finance LLC                                                             | CUSIP: G4768PAS0<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |      59626 | PA      | $53737.77     | 0.03%             | 2031-02-07      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Ascend Learning, LLC             | Ascend Learning, LLC, Senior Secured First Lien Term Loan                        | CUSIP: 04349HAN4<br>LEI: N/A                  | Long             | LON              | CORP              | N/A       |      99276 | PA      | $99280.63     | 0.05%             | 2028-12-11      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| ASCEND LEARNING LLC              | Ascend Learning LLC                                                              | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |      15068 | PA      | $15068.32     | 0.01%             | 2028-12-11      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC     | Focus Financial Partners LLC                                                     | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |      34950 | PA      | $34997.75     | 0.02%             | 2031-09-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                  | Madison IAQ LLC                                                                  | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |      60000 | PA      | $60361.50     | 0.03%             | 2032-05-06      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                      | Asurion LLC                                                                      | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |      10000 | PA      | $9949.00      | 0.01%             | 2030-09-19      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDING          | Aspire Bakeries Holdings LLC                                                     | CUSIP: N/A<br>LEI: 549300MWN7R72KAKOD18       | Long             | LON              | CORP              | US        |      34824 | PA      | $35074.33     | 0.02%             | 2030-12-23      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD           | AS Mileage Plan IP Ltd                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | KY        |      94225 | PA      | $94617.77     | 0.05%             | 2031-10-15      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.               | BSPRT 2023-FL10 Issuer Ltd                                                       | CUSIP: 05610VAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      73169 | PA      | $73168.70     | 0.04%             | 2035-09-15      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.               | BSPRT 2023-FL10 Issuer Ltd                                                       | CUSIP: 05610VAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $100000.10    | 0.05%             | 2035-09-15      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2025-V16 Mortgage Trust                                                | CUSIP: 08164RAV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $103856.73    | 0.06%             | 2058-08-15      | Variable      | 5.86%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS              | Braskem Netherlands Finance BV                                                   | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $73000.00     | 0.04%             | 2050-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BRITISH COLUMBIA PROV OF         | Province of British Columbia Canada                                              | CUSIP: 11070TAM0<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | NUSS              | CA        |     145000 | PA      | $144063.59    | 0.08%             | 2033-07-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                     | Broadcom Inc                                                                     | CUSIP: 11135FBJ9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      81000 | PA      | $66532.51     | 0.04%             | 2041-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                     | Broadcom Inc                                                                     | CUSIP: 11135FCA7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      76000 | PA      | $76132.24     | 0.04%             | 2028-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                     | Broadcom Inc                                                                     | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |      97000 | PA      | $98679.56     | 0.05%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD ASSET MANAGEM         | Brookfield Asset Management Ltd                                                  | CUSIP: 112586AB8<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |      30000 | PA      | $31098.00     | 0.02%             | 2055-09-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                | Brown & Brown Inc                                                                | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |      73000 | PA      | $73566.48     | 0.04%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                | Brown & Brown Inc                                                                | CUSIP: 115236AN1<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |      14000 | PA      | $14637.66     | 0.01%             | 2055-06-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F82T9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1820527 | PA      | $65818.98     | 0.04%             | 2030-11-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F84J9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     942707 | PA      | $37409.44     | 0.02%             | 2029-12-25      | Variable      | 1.46%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137F84T7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1877876 | PA      | $64911.61     | 0.04%             | 2030-11-25      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FTG27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     651980 | PA      | $37748.21     | 0.02%             | 2030-04-25      | Variable      | 1.69%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FTZM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     788498 | PA      | $78077.96     | 0.04%             | 2035-02-25      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT           | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $9350.00      | 0.01%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 106.0000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -684000 | NC      | $-11998.45    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 106.0000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -407000 | NC      | $-7139.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 107                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1040000 | NC      | $-7911.73     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 106.5000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -624000 | NC      | $-7087.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 106.5000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -491000 | NC      | $-5576.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT L         | Fertitta Entertainment LLC/NV                                                    | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |      66209 | PA      | $66188.13     | 0.04%             | 2029-01-29      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICE         | Brand Industrial Services Inc                                                    | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |         75 | PA      | $68.00        | 0.00%             | 2030-08-01      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS              | Braskem Netherlands Finance BV                                                   | CUSIP: ZQ3579112<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $75750.00     | 0.04%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERMACA ENTERPRISES S RL         | Fermaca Enterprises S de RL de CV                                                | CUSIP: EK2545086<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |     167651 | PA      | $168750.59    | 0.09%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.45.V1 (SELL PROTECTION)                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |          1 | NC      | $64301.05     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R03                                     | CUSIP: 20753XAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      11429 | PA      | $11599.06     | 0.01%             | 2042-03-25      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2021-R02                                     | CUSIP: 20754KAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      55000 | PA      | $57220.86     | 0.03%             | 2041-11-25      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R01                                     | CUSIP: 20754LAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      14193 | PA      | $14200.05     | 0.01%             | 2041-12-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                      | Ovintiv Inc                                                                      | CUSIP: 292505AD6<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |     190000 | PA      | $199890.07    | 0.11%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                      | Ovintiv Inc                                                                      | CUSIP: 292505AG9<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |     160000 | PA      | $167871.20    | 0.09%             | 2038-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31396V5P9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1368753 | PA      | $134097.09    | 0.07%             | 2037-06-25      | Floating      | 1.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31397LGF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1165645 | PA      | $140819.87    | 0.08%             | 2048-04-25      | Floating      | 1.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31398FLQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1689665 | PA      | $179180.22    | 0.10%             | 2039-10-25      | Floating      | 2.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31398FTC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      48609 | PA      | $9248.95      | 0.01%             | 2039-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | Fannie Mae REMICS                                                                | CUSIP: 31398MVU7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    2928351 | PA      | $271656.68    | 0.15%             | 2040-03-25      | Floating      | 1.78%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Ginnie Mae II Pool                                                               | CUSIP: 36179XLF1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      89373 | PA      | $84950.67     | 0.05%             | 2052-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Ginnie Mae II Pool                                                               | CUSIP: 36179XNE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      97330 | PA      | $95092.60     | 0.05%             | 2052-12-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Trust 2013-GC13                                           | CUSIP: 36198EAS4<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $97084.84     | 0.05%             | 2046-07-10      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                 | GWT 2024-WLF2                                                                    | CUSIP: 362414AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     250000 | PA      | $250468.53    | 0.14%             | 2041-05-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Corp Trust 2018-RIVR                                      | CUSIP: 36255WAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     122000 | PA      | $5416.80      | 0.00%             | 2035-07-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GS Mortgage Securities Trust 2020-GSA2                                           | CUSIP: 36264KAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1134717 | PA      | $73183.12     | 0.04%             | 2053-12-12      | Variable      | 1.77%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust     | GSMS Trust 2024-Fair                                                             | CUSIP: 36270JAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     400000 | PA      | $411828.92    | 0.22%             | 2029-07-15      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38377MHW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1155346 | PA      | $53712.29     | 0.03%             | 2040-10-16      | Floating      | 1.81%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38379CT63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1164137 | PA      | $72134.38     | 0.04%             | 2044-02-20      | Floating      | 1.40%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38380XBQ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     550017 | PA      | $97377.93     | 0.05%             | 2048-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38381HYW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3437924 | PA      | $194527.37    | 0.11%             | 2064-09-16      | Variable      | 0.67%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38381J3G0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3134761 | PA      | $188164.67    | 0.10%             | 2065-07-16      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38381JZ59<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    3424104 | PA      | $187523.10    | 0.10%             | 2065-10-16      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38381LHP0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1982533 | PA      | $127152.15    | 0.07%             | 2065-10-16      | Variable      | 0.74%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38382RA40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2274465 | PA      | $310790.35    | 0.17%             | 2050-12-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38383GPL9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    2262382 | PA      | $309665.12    | 0.17%             | 2052-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A   | Government National Mortgage Association                                         | CUSIP: 38385DJR8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    1461003 | PA      | $1462805.97   | 0.80%             | 2055-02-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                   | Gray Media Inc                                                                   | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15281.25     | 0.01%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                   | Gray Media Inc                                                                   | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14831.25     | 0.01%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Great Wolf Trust                 | Great Wolf Trust 2024-WOLF                                                       | CUSIP: 39152MAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     350000 | PA      | $351061.76    | 0.19%             | 2039-03-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| Greystone Commercial Real Esta   | Greystone CRE Notes 2021-FL3 Ltd                                                 | CUSIP: 39809PAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99864.39     | 0.05%             | 2039-07-15      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION              | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |      30000 | PA      | $29925.00     | 0.02%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HIG RCP Trust                    | HIG RCP 2023-FL1 LLC                                                             | CUSIP: 40443GAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      84681 | PA      | $84697.75     | 0.05%             | 2038-09-19      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO             | Kraft Heinz Foods Co                                                             | CUSIP: 42307TAH1<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |      95000 | PA      | $108152.66    | 0.06%             | 2039-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP         | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $14643.75     | 0.01%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                     | ING Groep NV                                                                     | CUSIP: 456837BT9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $206250.00    | 0.11%             | 2032-11-16      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC               | Ingersoll Rand Inc                                                               | CUSIP: 45687VAC0<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |      47000 | PA      | $47757.69     | 0.03%             | 2027-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| INTERSTATE POWER & LIGHT         | Interstate Power and Light Co                                                    | CUSIP: 461070AY0<br>LEI: EF9UQIIO4KY2BWOK3P26 | Long             | DBT              | CORP              | US        |      18000 | PA      | $17609.33     | 0.01%             | 2055-10-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| INTOWN Mortgage Trust            | INTOWN 2025-STAY Mortgage Trust                                                  | CUSIP: 46117WAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     115000 | PA      | $114784.17    | 0.06%             | 2042-03-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                        | IQVIA Inc                                                                        | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |      38000 | PA      | $39876.86     | 0.02%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                | Iron Mountain Inc                                                                | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |       5000 | PA      | $5100.00      | 0.00%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      53000 | PA      | $49975.45     | 0.03%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAU0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      90000 | PA      | $83840.49     | 0.05%             | 2032-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO         | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      36000 | PA      | $37608.95     | 0.02%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jersey Mikes Funding LLC         | Jersey Mike's Funding LLC                                                        | CUSIP: 476681AD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     208950 | PA      | $213166.24    | 0.12%             | 2055-02-15      | Fixed         | 5.64%                 | No            |                  2 | On Loan: No      |
| KREF 2022-Fl3 Ltd                | KREF 2022-FL3 Ltd                                                                | CUSIP: 48275EAA4<br>LEI: 549300DG0FGL1EU1CT79 | Long             | ABS-CBDO         | CORP              | KY        |      55789 | PA      | $55755.48     | 0.03%             | 2039-02-17      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| KREF 2021-FL2 Ltd                | KREF 2021-FL2 Ltd                                                                | CUSIP: 48275RAE7<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99137.15     | 0.05%             | 2039-02-15      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                | Kinder Morgan Inc                                                                | CUSIP: 49456BAU5<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |      55000 | PA      | $53561.31     | 0.03%             | 2026-11-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP              | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |      38000 | PA      | $38190.00     | 0.02%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC          | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31050.00     | 0.02%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC          | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10175.00     | 0.01%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC          | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10262.50     | 0.01%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO             | Kraft Heinz Foods Co                                                             | CUSIP: 50076QAR7<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |      90000 | PA      | $100345.50    | 0.05%             | 2039-01-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KRE Commercial Mortgage Trust    | KRE Commercial Mortgage Trust 2025-AIP4                                          | CUSIP: 50077KAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $299061.84    | 0.16%             | 2042-03-15      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LAB2<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     250000 | PA      | $208402.00    | 0.11%             | 2046-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KSL Commercial Mortgage Trust    | KSL Commercial Mortgage Trust 2024-HT2                                           | CUSIP: 500937AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     274996 | PA      | $274909.60    | 0.15%             | 2039-12-15      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| KROGER CO                        | Kroger Co/The                                                                    | CUSIP: 501044DX6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |      36000 | PA      | $35100.00     | 0.02%             | 2064-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC             | Kyndryl Holdings Inc                                                             | CUSIP: 50155QAM2<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |      87000 | PA      | $70593.02     | 0.04%             | 2041-10-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| LCM Ltd Partnership              | LCM XXIV Ltd                                                                     | CUSIP: 50188YAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $250418.00    | 0.14%             | 2030-03-20      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| LFT CRE LLC                      | LFT CRE 2021-FL1 Ltd                                                             | CUSIP: 50203JAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99495.11     | 0.05%             | 2039-06-15      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trus   | Lstar Commercial Mortgage Trust 2016-4                                           | CUSIP: 50219QAY0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     331770 | PA      | $506.11       | 0.00%             | 2049-03-10      | Variable      | 1.61%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC                | L3Harris Technologies Inc                                                        | CUSIP: 502431AM1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |      69000 | PA      | $69422.35     | 0.04%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| LABORATORY CORP OF AMER          | Laboratory Corp of America Holdings                                              | CUSIP: 50540RBA9<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | DBT              | CORP              | US        |      66000 | PA      | $65630.33     | 0.04%             | 2032-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                 | Lamar Media Corp                                                                 | CUSIP: 513075CA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $19850.00     | 0.01%             | 2033-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC            | Level 3 Financing Inc                                                            | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30487.50     | 0.02%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                    | Life Time Inc                                                                    | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |      55000 | PA      | $55618.75     | 0.03%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC          | Light & Wonder International Inc                                                 | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |      70000 | PA      | $70087.50     | 0.04%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust    | Life 2022-BMR Mortgage Trust                                                     | CUSIP: 53218DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     170000 | PA      | $165324.37    | 0.09%             | 2039-05-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Life Financial Services Trust    | Life 2022-BMR Mortgage Trust                                                     | CUSIP: 53218DAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     250000 | PA      | $230622.83    | 0.13%             | 2039-05-15      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC             | LifePoint Health Inc                                                             | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |      25000 | PA      | $26187.50     | 0.01%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| LINEAGE OP LP                    | Lineage OP LP                                                                    | CUSIP: 53567YAA7<br>LEI: 254900CSRDL1G4SRQE89 | Long             | DBT              | CORP              | US        |      34000 | PA      | $34510.00     | 0.02%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LIVE OAK BANCSHARES              | Live Oak Bancshares Inc                                                          | CUSIP: 53803X402<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       3625 | NS      | $94467.50     | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| LoanCore 2022-CRE7 Issuer Ltd.   | LoanCore 2022-CRE7 Issuer Ltd                                                    | CUSIP: 53946PAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99970.23     | 0.05%             | 2037-01-17      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| LoanCore Issuer, Ltd.            | LoanCore 2025 2025-CRE8 Issuer LLC                                               | CUSIP: 53947FAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $99260.76     | 0.05%             | 2042-08-17      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| LoanCore 2021-CRE6 Issuer, Ltd   | LoanCore 2021-CRE6 Issuer Ltd                                                    | CUSIP: 53948HAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     100000 | PA      | $99000.26     | 0.05%             | 2038-11-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP             | Lockheed Martin Corp                                                             | CUSIP: 539830CM9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |      36000 | PA      | $36481.43     | 0.02%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG RIDGE ENERGY LLC            | Long Ridge Energy LLC                                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |      75000 | PA      | $76781.25     | 0.04%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trus   | LSTAR Commercial Mortgage Trust 2017-5                                           | CUSIP: 54910TBA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1734013 | PA      | $11075.83     | 0.01%             | 2050-03-10      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust    | MHC Commercial Mortgage Trust 2021-MHC                                           | CUSIP: 55316VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     240000 | PA      | $240198.00    | 0.13%             | 2038-04-15      | Floating      | 6.87%                 | No            |                  2 | On Loan: No      |
| MSCI INC                         | MSCI Inc                                                                         | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     250000 | PA      | $237739.75    | 0.13%             | 2030-09-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MSCI INC                         | MSCI Inc                                                                         | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     105000 | PA      | $100661.30    | 0.05%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MSCI INC                         | MSCI Inc                                                                         | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     126000 | PA      | $117930.96    | 0.06%             | 2031-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD         | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |       4000 | PA      | $4273.79      | 0.00%             | 2031-03-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD         | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      37000 | PA      | $37398.71     | 0.02%             | 2030-03-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD         | Macquarie Airfinance Holdings Ltd                                                | CUSIP: 55609NAF5<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      37000 | PA      | $37565.06     | 0.02%             | 2028-03-27      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE             | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9212.50      | 0.01%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mill City Solar Loan 2019-2 Lt   | Mill City Solar Loan 2019-2 Ltd                                                  | CUSIP: 59982VAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |      56546 | PA      | $51684.89     | 0.03%             | 2043-07-20      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| MITER BRAND / MIWD BORR          | Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC                          | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      30000 | PA      | $30750.00     | 0.02%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH           | Molex Electronic Technologies LLC                                                | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |      38000 | PA      | $38675.60     | 0.02%             | 2032-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust   | Morgan Stanley Capital I Trust 2019-PLND                                         | CUSIP: 61691XAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     189000 | PA      | $15781.50     | 0.01%             | 2036-05-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust   | Morgan Stanley Capital I Trust 2019-NUGS                                         | CUSIP: 61692AAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     147000 | PA      | $2941.47      | 0.00%             | 2036-12-15      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust   | Morgan Stanley Capital I Trust 2019-NUGS                                         | CUSIP: 61692AAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     125000 | PA      | $938.75       | 0.00%             | 2036-12-15      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                                                   | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      62000 | PA      | $60684.11     | 0.03%             | 2027-07-20      | Variable      | 1.51%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                                                   | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      18000 | PA      | $18797.29     | 0.01%             | 2038-01-19      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                   | Morgan Stanley                                                                   | CUSIP: 61747YFM2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      35000 | PA      | $36612.80     | 0.02%             | 2039-02-07      | Variable      | 5.94%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust        | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9                       | CUSIP: 61762DAZ4<br>LEI: 549300PFVBG5704L7K74 | Long             | ABS-MBS          | CORP              | US        |      87449 | PA      | $83798.94     | 0.05%             | 2046-05-15      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust        | Morgan Stanley Bank of America Merrill Lynch Trust 2014-C17                      | CUSIP: 61763UAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      93922 | PA      | $92516.97     | 0.05%             | 2047-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC           | Mosaic Solar Loan Trust 2018-1                                                   | CUSIP: 61946FAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     115691 | PA      | $109119.33    | 0.06%             | 2043-06-22      | Fixed         | 4.01%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC           | Mosaic Solar Loans 2017-2 LLC                                                    | CUSIP: 61946GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     185589 | PA      | $175079.95    | 0.10%             | 2043-06-22      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC           | Mosaic Solar Loan Trust 2018-2-GS                                                | CUSIP: 61946LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     127294 | PA      | $119718.94    | 0.07%             | 2044-02-22      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loans LLC           | Mosaic Solar Loan Trust 2018-2-GS                                                | CUSIP: 61946LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      79858 | PA      | $72289.42     | 0.04%             | 2044-02-22      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| MOTOROLA SOLUTIONS INC           | Motorola Solutions Inc                                                           | CUSIP: 620076CB3<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30870.69     | 0.02%             | 2032-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2021-A                                 | CUSIP: 63942BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      36797 | PA      | $33774.95     | 0.02%             | 2069-05-15      | Fixed         | 0.84%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2021-F                                 | CUSIP: 63942GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     313812 | PA      | $280679.00    | 0.15%             | 2070-02-18      | Fixed         | 1.11%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust       | Navient Private Education Refi Loan Trust 2021-B                                 | CUSIP: 63942LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      32807 | PA      | $29988.30     | 0.02%             | 2069-07-15      | Fixed         | 0.94%                 | No            |                  2 | On Loan: No      |
| Navigator Aviation Ltd           | Navigator 2024-1 Aviation Ltd                                                    | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |     230655 | PA      | $230817.52    | 0.13%             | 2049-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE          | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAL9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19972.62     | 0.01%             | 2030-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC           | Northern Oil & Gas Inc                                                           | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |      45000 | PA      | $46350.00     | 0.03%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORP            | Northrop Grumman Corp                                                            | CUSIP: 666807CM2<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |      63000 | PA      | $59634.92     | 0.03%             | 2054-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| OZLM Ltd                         | OZLM XV Ltd                                                                      | CUSIP: 67111DBG0<br>LEI: 5493008RJIODIVVGSK16 | Long             | ABS-CBDO         | CORP              | KY        |     250000 | PA      | $250062.50    | 0.14%             | 2033-04-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust    | NYC Commercial Mortgage Trust 2025-3BP                                           | CUSIP: 67120UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $99406.32     | 0.05%             | 2042-02-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                   | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |      30000 | PA      | $30487.50     | 0.02%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                    | Owens Corning                                                                    | CUSIP: 690742AP6<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |      32000 | PA      | $33675.65     | 0.02%             | 2034-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PFP III                          | PFP 2024-11 Ltd                                                                  | CUSIP: 69291WAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      99553 | PA      | $99490.94     | 0.05%             | 2039-09-17      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| L Street Securities              | PMTT4                                                                            | CUSIP: 693458AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  124273280 | PA      | $658064.30    | 0.36%             | 2048-10-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust   | Pagaya AI Debt Grantor Trust 2024-11                                             | CUSIP: 69544AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     249971 | PA      | $251084.71    | 0.14%             | 2032-07-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| Palmer Square Loan Funding Ltd   | Palmer Square Loan Funding 2022-2 Ltd                                            | CUSIP: 69701NAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     800000 | PA      | $800979.20    | 0.44%             | 2030-10-15      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER            | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      85000 | PA      | $88400.00     | 0.05%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS           | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      50000 | PA      | $51375.00     | 0.03%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PAYCHEX INC                      | Paychex Inc                                                                      | CUSIP: 704326AB3<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |      68000 | PA      | $70440.66     | 0.04%             | 2032-04-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      20000 | PA      | $21175.00     | 0.01%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC            | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      30000 | PA      | $31012.50     | 0.02%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599BZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      76000 | PA      | $78090.53     | 0.04%             | 2029-03-30      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL         | Penske Truck Leasing Co Lp / PTL Finance Corp                                    | CUSIP: 709599CB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      68000 | PA      | $70064.14     | 0.04%             | 2030-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I         | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |      90000 | PA      | $87187.50     | 0.05%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC         | Permian Resources Operating LLC                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |      35000 | PA      | $35612.50     | 0.02%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE         | Petrobras Global Finance BV                                                      | CUSIP: 71647NBM0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |      50000 | PA      | $49062.50     | 0.03%             | 2030-09-10      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS              | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     100000 | PA      | $82375.00     | 0.04%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC           | Philip Morris International Inc                                                  | CUSIP: 718172DB2<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      34000 | PA      | $35406.27     | 0.02%             | 2033-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC           | Philip Morris International Inc                                                  | CUSIP: 718172DJ5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      33000 | PA      | $33969.51     | 0.02%             | 2034-02-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust       | Progress Residential Trust                                                       | CUSIP: 74333HAQ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     700000 | PA      | $694070.72    | 0.38%             | 2038-07-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FINANCIAL              | Provident Financial Services Inc                                                 | CUSIP: 74386TAA3<br>LEI: 529900JOSO3SXEDVE477 | Long             | DBT              | CORP              | US        |     110000 | PA      | $114763.77    | 0.06%             | 2034-05-15      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Tru   | Provident Funding Mortgage Trust 2021-J1                                         | CUSIP: 74387MAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     200000 | PA      | $124991.40    | 0.07%             | 2051-10-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      85000 | PA      | $84889.50     | 0.05%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      92000 | PA      | $92805.00     | 0.05%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES          | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     215000 | PA      | $220375.00    | 0.12%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA             | Royal Bank of Canada                                                             | CUSIP: 78017FZS5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |     113000 | PA      | $113927.84    | 0.06%             | 2028-10-18      | Variable      | 4.52%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securit   | SG Commercial Mortgage Securities Trust 2016-C5                                  | CUSIP: 78419CAG9<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |     802961 | PA      | $5862.34      | 0.00%             | 2048-10-10      | Variable      | 1.98%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust           | Sequoia Mortgage Trust 2025-2                                                    | CUSIP: 816935AU4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     173451 | PA      | $174928.35    | 0.10%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust           | Sequoia Mortgage Trust 2021-3                                                    | CUSIP: 81748VCF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     443116 | PA      | $364091.93    | 0.20%             | 2051-05-25      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust           | Sequoia Mortgage Trust 2024-9                                                    | CUSIP: 81749PAV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     131852 | PA      | $131965.07    | 0.07%             | 2054-10-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer, LLC       | SERVPRO Master Issuer LLC                                                        | CUSIP: 817743AJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      98500 | PA      | $102000.77    | 0.06%             | 2054-01-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| SIMMONS FIRST NTL CORP           | Simmons First National Corp                                                      | CUSIP: 828730AC5<br>LEI: 549300IVR5AJKUVOGN05 | Long             | DBT              | CORP              | US        |     130000 | PA      | $130008.32    | 0.07%             | 2035-10-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| JAPAN (20 YEAR ISSUE)            | Japan Government Twenty Year Bond                                                | CUSIP: EF2077933<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |   84050000 | PA      | $570330.56    | 0.31%             | 2025-12-20      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                       | STRU SNEX-8901 NIKK                                                              | CUSIP: BCCJ8WB65<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $298253.91    | 0.16%             | 2055-09-18      | Variable      | 5.07%                 | No            |                  3 | On Loan: No      |
| NZ LOCAL GOVT FUND AGENC         | New Zealand Local Government Funding Agency Bond                                 | CUSIP: AN1028702<br>LEI: 254900ZJG39H1CAH6K02 | Long             | DBT              | NUSS              | NZ        |     132000 | PA      | $72819.79     | 0.04%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP          | International Bank for Reconstruction & Development                              | CUSIP: AT8524767<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |     109000 | PA      | $110740.42    | 0.06%             | 2034-08-08      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| N/A                              | FX FVA EURUSD 8.4% IV (SELL PROTECTION)                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | US        |          1 | NC      | $21652.98     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FX FVA USDINR 4.325% IV (BUY PROTECTION)                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | US        |          1 | NC      | $-3903.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS REC FIXED 3.93329% 05/05/2045                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $-1468.23     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 3.69863% 05/05/2035                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $-569.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MC 5YX5Y RTR 2.50 20-MAY-2026                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | N/A       |    1194000 | NC      | $2373.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MC 10YX10Y RTR 2.30 20-MAY-2026                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | N/A       |    -597000 | NC      | $-1190.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IBOXHY Index-L-MS                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |          1 | NC      | $160605.21    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | FX FVA USDBRL 18.3% IV (SELL PROTECTION)                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | US        |          1 | NC      | $2953.42      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FX FVA USDBRL 15.3% IV (SELL PROTECTION)                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | US        |          1 | NC      | $16959.20     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FX FVA USDBRL 15.3% IV (SELL PROTECTION)                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | US        |          1 | NC      | $33918.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | 2Y RTP 3.7 03-OCT-2025                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1441000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 3.250000 12-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -2991000 | NC      | $-13393.70    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 3.250000 12-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-6699.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 3.170000 23-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-6763.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 3.133000 27-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-5900.22     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.600000 30-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |  -10771200 | NC      | $-31204.17    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 30Y RTP 4.650000 30-AUG-2027                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     598400 | NC      | $21355.10     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 2.000000 08-SEP-2026                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -6172000 | NC      | $-3098.34     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.631000 08-SEP-2026                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -6172000 | NC      | $-7319.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.622000 08-SEP-2026                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -3086000 | NC      | $-3730.97     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | ITRAXX.XO.43.V2 5YR RTP 287.5000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | N/A       |    -930420 | NC      | $-21956.63    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 4.4439% 08/16/2044                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $307.25       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | IRS PAY FIXED 4.4517% 11/29/2044                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $354.07       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 3.160000 23-SEP-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -2992000 | NC      | $-12264.21    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTR 2.500000 25-SEP-2026                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -6172000 | NC      | $-7134.83     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NZ LOCAL GOVT FUND AGENC         | New Zealand Local Government Funding Agency Bond                                 | CUSIP: ZJ9835563<br>LEI: 254900ZJG39H1CAH6K02 | Long             | DBT              | NUSS              | NZ        |      95000 | PA      | $63958.39     | 0.03%             | 2028-08-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: BW4839732<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |   16710000 | PA      | $293653.07    | 0.16%             | 2029-05-19      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK          | Inter-American Development Bank                                                  | CUSIP: ZF2765989<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | CORP              | US        |   11000000 | PA      | $124936.44    | 0.07%             | 2029-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP          | International Bank for Reconstruction & Development                              | CUSIP: BO4889347<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |     620000 | PA      | $61297.03     | 0.03%             | 2026-03-16      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| INTL DEVELOPMENT ASSOC           | International Development Association                                            | CUSIP: BS0126323<br>LEI: P41R60HC414IWQA1XW02 | Long             | DBT              | CORP              | US        |     540000 | PA      | $52429.98     | 0.03%             | 2027-02-17      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NORWEGIAN GOVERNMENT             | Norway Government Bond                                                           | CUSIP: BU3225572<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |    3335000 | PA      | $298485.93    | 0.16%             | 2032-05-18      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                       | NBN Co Ltd                                                                       | CUSIP: YV2538887<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |     330000 | PA      | $222714.95    | 0.12%             | 2031-08-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTL BK RECON & DEVELOP          | International Bank for Reconstruction & Development                              | CUSIP: ZF2728425<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | CORP              | US        |    6000000 | PA      | $68372.85     | 0.04%             | 2029-07-22      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| INTER-AMERICAN DEVEL BK          | Inter-American Development Bank                                                  | CUSIP: ZH0461629<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | CORP              | US        |   13000000 | PA      | $149779.56    | 0.08%             | 2030-10-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| NBN CO LTD                       | NBN Co Ltd                                                                       | CUSIP: YR8699443<br>LEI: 2549007CRZ2NT7S96A24 | Long             | DBT              | CORP              | AU        |     190000 | PA      | $128555.44    | 0.07%             | 2035-03-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO             | Kraft Heinz Foods Co                                                             | CUSIP: 50077LBP0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     135000 | PA      | $155081.60    | 0.08%             | 2033-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT         | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: EK9717506<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     155797 | PA      | $160916.36    | 0.09%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                              | GBP/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $14531.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | JPY/USD FWD 20251031                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-2.43        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR           | Millicom International Cellular SA                                               | CUSIP: BM0208611<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $188500.00    | 0.10%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE             | Michaels Cos Inc/The                                                             | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |      14961 | PA      | $14167.88     | 0.01%             | 2028-04-17      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| INEOS US PETROCHEM LLC           | INEOS US Petrochem LLC                                                           | CUSIP: G4770MAL8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      24288 | PA      | $22061.76     | 0.01%             | 2029-03-29      | Floating      | 8.67%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION         | MITER Brands Acquisition Holdco Inc                                              | CUSIP: 55336CAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      44887 | PA      | $45107.94     | 0.02%             | 2031-03-28      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC           | Lumen Technologies Inc                                                           | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |      13208 | PA      | $13143.70     | 0.01%             | 2029-04-16      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| LC AHAB US BIDCO LLC             | LC Ahab US Bidco LLC                                                             | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |      49787 | PA      | $49833.67     | 0.03%             | 2031-05-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC              | LBM Acquisition LLC                                                              | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |      71062 | PA      | $69483.03     | 0.04%             | 2031-06-06      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL           | Mitchell International Inc                                                       | CUSIP: 60662WAW2<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |      62606 | PA      | $62619.44     | 0.03%             | 2031-06-17      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| MITCHELL INTERNATIONAL           | Mitchell International Inc                                                       | CUSIP: 60662WAZ5<br>LEI: 5493002RDNIGEM7SSV41 | Long             | LON              | CORP              | US        |      10000 | PA      | $9932.50      | 0.01%             | 2032-06-17      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP             | JetBlue Airways Corp                                                             | CUSIP: N/A<br>LEI: 54930070J9H97ZO93T57       | Long             | LON              | CORP              | US        |     184873 | PA      | $177893.88    | 0.10%             | 2029-08-27      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP             | JetBlue Airways Corp                                                             | CUSIP: N/A<br>LEI: 54930070J9H97ZO93T57       | Long             | LON              | CORP              | US        |      19067 | PA      | $18347.39     | 0.01%             | 2029-08-27      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC             | LifePoint Health Inc                                                             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |      72291 | PA      | $72249.65     | 0.04%             | 2031-05-19      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| INEOS US PETROCHEM LLC           | INEOS US Petrochem LLC                                                           | CUSIP: G4770MAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      29850 | PA      | $25845.17     | 0.01%             | 2031-10-07      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| HEXION HOLDINGS CORP             | Hexion Holdings Corp                                                             | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |      29548 | PA      | $29543.12     | 0.02%             | 2029-03-15      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC         | Great Outdoors Group LLC                                                         | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |     426711 | PA      | $427031.18    | 0.23%             | 2032-01-23      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I LP              | Hilcorp Energy I LP                                                              | CUSIP: 431319AH5<br>LEI: 549300ITPIHLG0LHEC09 | Long             | LON              | CORP              | US        |     149250 | PA      | $149685.06    | 0.08%             | 2030-02-11      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| MX HOLDINGS US INC               | MX Holdings US Inc                                                               | CUSIP: 55404TAF9<br>LEI: 549300RKTIVJWNROR778 | Long             | LON              | CORP              | US        |      15000 | PA      | $15037.50     | 0.01%             | 2032-03-17      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS          | Grant Thornton Advisors LLC                                                      | CUSIP: 38821UAF7<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |      40000 | PA      | $39988.00     | 0.02%             | 2031-05-30      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| PROJECT AURORA US FINCO          | Project Aurora US Finco Inc                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      20000 | PA      | $20062.50     | 0.01%             | 2032-09-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC             | Signia Aerospace LLC                                                             | CUSIP: 82670NAG1<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |      26416 | PA      | $26498.82     | 0.01%             | 2031-12-11      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC             | Signia Aerospace LLC                                                             | CUSIP: 82670NAG1<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |      32287 | PA      | $32387.45     | 0.02%             | 2031-12-11      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC             | Signia Aerospace LLC                                                             | CUSIP: 82670NAG1<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |       1147 | PA      | $1150.76      | 0.00%             | 2031-12-11      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| SIGNIA AEROSPACE LLC             | Signia Aerospace LLC                                                             | CUSIP: 82670NAH9<br>LEI: 254900S9ONE06XB1T251 | Long             | LON              | CORP              | US        |       5000 | PA      | $5015.63      | 0.00%             | 2031-12-11      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC            | Hightower Holding LLC                                                            | CUSIP: 43117LAH6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |     114600 | PA      | $114672.20    | 0.06%             | 2028-04-21      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| PETSMART INC                     | PetSmart LLC                                                                     | CUSIP: 71677HAN5<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |      35000 | PA      | $34518.93     | 0.02%             | 2032-08-18      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| GREEN INFRASTRUCTURE             | Green Infrastructure Partners Inc                                                | CUSIP: N/A<br>LEI: 549300W1V7LSCKWMX505       | Long             | LON              | CORP              | CA        |     100000 | PA      | $100219.00    | 0.05%             | 2032-09-24      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| LAVENDER US HOLDCO 1 INC         | Lavender US HoldCo 1 Inc                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      30000 | PA      | $30056.25     | 0.02%             | 2032-09-27      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| N/A                              | MXN/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-9907.78     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MXN/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $288.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MXN/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-15502.16    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MXN/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $1958.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MONG DUONG FIN HLDGS BV          | Mong Duong Finance Holdings BV                                                   | CUSIP: AZ8065700<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |     169400 | PA      | $167282.66    | 0.09%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                              | NOK/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-2760.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | NOK/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $5159.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | NZD/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $22114.06     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| INRETAIL SHOPPIN                 | InRetail Shopping Malls                                                          | CUSIP: AR9465592<br>LEI: 254900340JT2D5SHMA49 | Long             | DBT              | CORP              | PE        |     100000 | PA      | $100000.00    | 0.05%             | 2028-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PERU LNG SRL                     | Peru LNG Srl                                                                     | CUSIP: AR7830417<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |     150020 | PA      | $143831.68    | 0.08%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                              | PEN/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-1.08        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SGD/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-115.29      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BSPRT Issuer, Ltd.               | BSPRT 2024-FL11 Issuer LLC                                                       | CUSIP: 05613RAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     100000 | PA      | $99500.08     | 0.05%             | 2039-07-15      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2023-R03                                     | CUSIP: 20753AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      65000 | PA      | $68578.60     | 0.04%             | 2043-04-25      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2022-R09                                     | CUSIP: 20753DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      47632 | PA      | $48332.43     | 0.03%             | 2042-09-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2023-R06                                     | CUSIP: 20754EAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      85000 | PA      | $87814.14     | 0.05%             | 2043-07-25      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2024-R02                                     | CUSIP: 20754GAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      98094 | PA      | $98127.06     | 0.05%             | 2044-02-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2025-R02                                     | CUSIP: 20754TAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     140000 | PA      | $140301.64    | 0.08%             | 2045-02-25      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2025-R04                                     | CUSIP: 20755TAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     107014 | PA      | $107216.41    | 0.06%             | 2045-05-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2023-R01                                     | CUSIP: 207932AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      36953 | PA      | $37771.09     | 0.02%             | 2042-12-25      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                 | Connecticut Avenue Securities Trust 2024-R03                                     | CUSIP: 207941AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     300000 | PA      | $302422.65    | 0.16%             | 2044-03-25      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fanniemae Strip                  | Fannie Mae Interest Strip                                                        | CUSIP: 31395Q5R7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    1730284 | PA      | $272989.06    | 0.15%             | 2044-04-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC          | O'Reilly Automotive Inc                                                          | CUSIP: 67103HAN7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |      35000 | PA      | $35260.23     | 0.02%             | 2034-08-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCU Auto Receivables Trust      | OCCU Auto Receivables Trust 2022-1                                               | CUSIP: 67115YAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      21791 | PA      | $21818.06     | 0.01%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR         | Occidental Petroleum Corp                                                        | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      70000 | PA      | $78400.00     | 0.04%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR         | Occidental Petroleum Corp                                                        | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      65000 | PA      | $68900.00     | 0.04%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR         | Occidental Petroleum Corp                                                        | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     205000 | PA      | $219350.00    | 0.12%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR         | Occidental Petroleum Corp                                                        | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     105000 | PA      | $110118.75    | 0.06%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                        | Olin Corp                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10062.50     | 0.01%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OMEGA HLTHCARE INVESTORS         | Omega Healthcare Investors Inc                                                   | CUSIP: 681936BK5<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |      35000 | PA      | $35259.74     | 0.02%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP             | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20850.00     | 0.01%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP             | OneMain Finance Corp                                                             | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10350.00     | 0.01%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP             | OneMain Finance Corp                                                             | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20025.00     | 0.01%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONNI Commercial Mortgage Trust   | ONNI Commerical Mortgage Trust 2024-APT                                          | CUSIP: 682939AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     350000 | PA      | $357722.58    | 0.19%             | 2039-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| ONTARIO (PROVINCE OF)            | Province of Ontario Canada                                                       | CUSIP: 68323ACC6<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     160000 | PA      | $100686.07    | 0.05%             | 2045-06-02      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| ONTARIO TEACHERS' FINANC         | Ontario Teachers' Finance Trust                                                  | CUSIP: 68329AAJ7<br>LEI: 635400ZZE5J8OXXBBY26 | Long             | DBT              | NUSS              | CA        |     250000 | PA      | $224892.25    | 0.12%             | 2031-04-16      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                      | Oracle Corp                                                                      | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      29000 | PA      | $29042.51     | 0.02%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |     125000 | PA      | $121250.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES           | PNC Financial Services Group Inc/The                                             | CUSIP: 693475CE3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      23000 | PA      | $23658.49     | 0.01%             | 2036-07-21      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| PR Mortgage Loan Trust           | PR Mortgage Loan Trust 2014-1                                                    | CUSIP: 69358KAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     814620 | PA      | $786297.47    | 0.43%             | 2049-10-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| PHILLIPS EDISON GROCERY          | Phillips Edison Grocery Center Operating Partnership I LP                        | CUSIP: 71845JAD0<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |      38000 | PA      | $38750.20     | 0.02%             | 2032-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 CO                   | Phillips 66 Co                                                                   | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |      85000 | PA      | $85137.19     | 0.05%             | 2056-03-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| POPULAR INC                      | Popular Inc                                                                      | CUSIP: 733174AL0<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |     140000 | PA      | $146505.80    | 0.08%             | 2028-03-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |      85000 | PA      | $84468.75     | 0.05%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                | Post Holdings Inc                                                                | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4662.50      | 0.00%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                | Post Holdings Inc                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     320000 | PA      | $323200.00    | 0.18%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Progress Residential Trust       | Progress Residential 2021-SFR3                                                   | CUSIP: 74333VAQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1100000 | PA      | $1093205.30   | 0.59%             | 2026-05-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SURA ASSET MANAGEMENT            | SURA Asset Management SA                                                         | CUSIP: 78486LAB8<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $214000.00    | 0.12%             | 2032-05-13      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                  | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |      65000 | PA      | $64512.50     | 0.04%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US         | Sealed Air Corp/Sealed Air Corp US                                               | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      20000 | PA      | $21000.00     | 0.01%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                     | Seaspan Corp                                                                     | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |      20000 | PA      | $19250.00     | 0.01%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA         | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49125.00     | 0.03%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEBSTER FINANCIAL CORP           | Webster Financial Corp                                                           | CUSIP: 85917AAC4<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | DBT              | CORP              | US        |     125000 | PA      | $124561.38    | 0.07%             | 2030-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Sunnova Sol Issuer,LLC           | Sunnova Sol II Issuer LLC                                                        | CUSIP: 86745PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     431186 | PA      | $363209.46    | 0.20%             | 2055-11-01      | Fixed         | 2.73%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                        | Sunoco LP                                                                        | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | EP               | CORP              | US        |     135000 | PA      | $137025.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP           | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      35000 | PA      | $35000.00     | 0.02%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunrun Issuer                    | Sunrun Bacchus Issuer 2025-1 LLC                                                 | CUSIP: 86771PAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      99756 | PA      | $99887.53     | 0.05%             | 2060-04-30      | Fixed         | 6.41%                 | No            |                  2 | On Loan: No      |
| Sunrun Issuer                    | Sunrun Xanadu Issuer 2019-1 LLC                                                  | CUSIP: 86773PAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      79421 | PA      | $75254.18     | 0.04%             | 2054-06-30      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| SUZANO NETHERLANDS BV            | Suzano Netherlands BV                                                            | CUSIP: 86960YAA0<br>LEI: 9845009ZB9F5D6DB3602 | Long             | DBT              | CORP              | NL        |      21000 | PA      | $21032.11     | 0.01%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                     | Synopsys Inc                                                                     | CUSIP: 871607AB3<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |      34000 | PA      | $34384.44     | 0.02%             | 2028-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                 | T-Mobile USA Inc                                                                 | CUSIP: 87264ADU6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      19000 | PA      | $19399.68     | 0.01%             | 2055-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding, LLC           | Taco Bell Funding LLC                                                            | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     145000 | PA      | $146225.64    | 0.08%             | 2055-08-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      15000 | PA      | $15393.75     | 0.01%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN          | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $9900.00      | 0.01%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP             | Targa Resources Corp                                                             | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |      17000 | PA      | $17262.75     | 0.01%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TELUS CORP                       | TELUS Corp                                                                       | CUSIP: 87971MCM3<br>LEI: 894500WE70KKZRQMBU11 | Long             | DBT              | CORP              | CA        |      34000 | PA      | $35870.00     | 0.02%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| TOLL BROS FINANCE CORP           | Toll Brothers Finance Corp                                                       | CUSIP: 88947EAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      51000 | PA      | $51000.00     | 0.03%             | 2028-02-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK            | Toronto-Dominion Bank/The                                                        | CUSIP: 89115A2W1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |      73000 | PA      | $73956.08     | 0.04%             | 2027-04-05      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK            | Toronto-Dominion Bank/The                                                        | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     205000 | PA      | $215144.63    | 0.12%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     100000 | PA      | $103375.00    | 0.06%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                   | Transocean International Ltd                                                     | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |       8000 | PA      | $7990.00      | 0.00%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO              | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     115000 | PA      | $110975.00    | 0.06%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO              | Travel + Leisure Co                                                              | CUSIP: 894164AC6<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |      55000 | PA      | $54862.50     | 0.03%             | 2033-09-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TRAVELERS COS INC                | Travelers Cos Inc/The                                                            | CUSIP: 89417EAU3<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |      14000 | PA      | $14476.04     | 0.01%             | 2055-07-24      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED            | Vale Overseas Ltd                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |      31000 | PA      | $31975.69     | 0.02%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                   | Var Energi ASA                                                                   | CUSIP: 92212WAG5<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |     200000 | PA      | $212635.00    | 0.12%             | 2035-05-22      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC           | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10350.00     | 0.01%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC           | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10500.00     | 0.01%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust       | Verus Securitization Trust 2022-8                                                | CUSIP: 924922AC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      73459 | PA      | $73824.88     | 0.04%             | 2067-09-25      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      71000 | PA      | $70345.17     | 0.04%             | 2029-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE           | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     165000 | PA      | $158874.21    | 0.09%             | 2030-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP               | VICI Properties LP                                                               | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     145000 | PA      | $145808.09    | 0.08%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP               | VICI Properties LP                                                               | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     150000 | PA      | $153717.45    | 0.08%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VICTRA HLDG/VICTRA FIN           | Victra Holdings LLC / Victra Finance Corp                                        | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      45000 | PA      | $47250.00     | 0.03%             | 2029-09-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| VIDEOTRON LTD                    | Videotron Ltd                                                                    | CUSIP: 92660FAT1<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |      37000 | PA      | $37599.99     | 0.02%             | 2035-01-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC             | WEC Energy Group Inc                                                             | CUSIP: 92939UAG1<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |      54000 | PA      | $50893.38     | 0.03%             | 2028-12-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                      | Wayfair LLC                                                                      | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |      10000 | PA      | $10337.50     | 0.01%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA         | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |      10000 | PA      | $10200.00     | 0.01%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA         | Weatherford International Ltd                                                    | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |      30000 | PA      | $30000.00     | 0.02%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                                                 | CUSIP: 95000U2A0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      78000 | PA      | $77317.11     | 0.04%             | 2028-05-22      | Variable      | 3.58%                 | No            |                  2 | On Loan: —       |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                                                 | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     107000 | PA      | $110502.22    | 0.06%             | 2031-04-23      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                                                 | CUSIP: 95000U4B6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      37000 | PA      | $36872.24     | 0.02%             | 2036-09-15      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag   | Wells Fargo Commercial Mortgage Trust 2018-C45                                   | CUSIP: 95001NAZ1<br>LEI: 5493006021R83VCLAO08 | Long             | ABS-MBS          | CORP              | US        |    4594931 | PA      | $79280.94     | 0.04%             | 2051-06-15      | Variable      | 0.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag   | Wells Fargo Commercial Mortgage Trust 2021-C59                                   | CUSIP: 95003CBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     400000 | PA      | $249227.48    | 0.14%             | 2054-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag   | Wells Fargo Commercial Mortgage Trust 2024-5C2                                   | CUSIP: 95003UAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $102658.25    | 0.06%             | 2057-11-15      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| WENDYS FUNDING LLC               | Wendy's Funding LLC                                                              | CUSIP: 95058XAG3<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |      88237 | PA      | $87537.76     | 0.05%             | 2049-06-15      | Fixed         | 3.78%                 | No            |                  2 | On Loan: No      |
| WESBANCO INC                     | WesBanco Inc                                                                     | CUSIP: 950810887<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      10650 | NS      | $270297.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO DISTRIBUTION INC           | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |      20000 | PA      | $20700.00     | 0.01%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANCORP         | Western Alliance Bancorp                                                         | CUSIP: 957638AD1<br>LEI: 5493003VJXZ5JXT9S762 | Long             | DBT              | CORP              | US        |     220000 | PA      | $213632.76    | 0.12%             | 2031-06-15      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT         | Western Midstream Operating LP                                                   | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      70000 | PA      | $68089.35     | 0.04%             | 2030-02-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE           | Westinghouse Air Brake Technologies Corp                                         | CUSIP: 960386AS9<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |      69000 | PA      | $70408.50     | 0.04%             | 2030-05-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                   | Whirlpool Corp                                                                   | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15000.00     | 0.01%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC           | Williams Cos Inc/The                                                             | CUSIP: 969457CS7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     136000 | PA      | $137972.00    | 0.08%             | 2035-09-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR         | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      10000 | PA      | $10350.00     | 0.01%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC          | Windstream Services LLC                                                          | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |       5000 | PA      | $4993.75      | 0.00%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: EI4159923<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    3300000 | PA      | $64790.46     | 0.04%             | 2035-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                              | FVA 5Y5Y30Y FWD PREMIUM 1800                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    2436500 | NC      | $37787.17     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FVA 5Y5Y30Y FWD PREM 1750                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     775000 | NC      | $15278.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTP 5.54 14-AUG-2034                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -641560 | NC      | $-22949.24    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTP 5.355 27-NOV-2034                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -678000 | NC      | $-26416.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTR 2.355 27-NOV-2034                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     678000 | NC      | $8297.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTP 4.102500 16-JUL-2027                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     587900 | NC      | $15180.17     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.45.V1 5YR RTP 106.5000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    -552000 | NC      | $-3036.00     | -0.00%            |  |  |  | No            |                  3 | On Loan: No      |
| ONTARIO (PROVINCE OF)            | Province of Ontario Canada                                                       | CUSIP: ZF5265672<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | NUSS              | CA        |     100000 | PA      | $116909.89    | 0.06%             | 2034-01-31      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: BY9195128<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |   12890000 | PA      | $230700.37    | 0.13%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: YP6291635<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    6680000 | PA      | $117593.33    | 0.06%             | 2035-04-28      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BPR Trust                        | BPR Trust 2021-TY                                                                | CUSIP: 05592AAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $98911.02     | 0.05%             | 2038-09-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust               | BMO 2024-5C6 Mortgage Trust                                                      | CUSIP: 05593QAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      60000 | PA      | $60079.76     | 0.03%             | 2057-09-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: ZJ9336752<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |   16180000 | PA      | $283660.14    | 0.15%             | 2030-07-27      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PHILIPPINE GOVERNMENT            | Philippine Government Bond                                                       | CUSIP: ZF9229781<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    8670000 | PA      | $151006.40    | 0.08%             | 2029-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BLP Commercial Mortgage Trust    | BLP Commercial Mortgage Trust 2024-IND2                                          | CUSIP: 05625AAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     332090 | PA      | $332297.14    | 0.18%             | 2041-03-15      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust         | Benchmark 2025-V17 Mortgage Trust                                                | CUSIP: 081934AR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     250000 | PA      | $255484.83    | 0.14%             | 2058-09-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY            | Wells Fargo & Co                                                                 | CUSIP: YW4156702<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     100000 | PA      | $120780.75    | 0.07%             | 2032-07-22      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| N/A                              | CNY/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $1.62         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | COP/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-6584.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | COP/USD FWD 20251107                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $10.76        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BIMBO BAKERIES USA INC           | Bimbo Bakeries USA Inc                                                           | CUSIP: 09031WAE3<br>LEI: 549300HOXXHHT7926W92 | Long             | DBT              | CORP              | US        |     200000 | PA      | $203379.40    | 0.11%             | 2036-01-09      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BIOGEN INC                       | Biogen Inc                                                                       | CUSIP: 09062XAN3<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |      69000 | PA      | $70766.68     | 0.04%             | 2031-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                              | EURUSD 1.1500P 10/20/25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |   -2555000 | NC      | $-1931.81     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | EURUSD 1.1600P 10/20/25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |   -3885000 | NC      | $-7443.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                 | Black Hills Corp                                                                 | CUSIP: 092113AX7<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |      61000 | PA      | $64952.74     | 0.04%             | 2035-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Blackbird Capital Aircraft       | Blackbird Capital II Aircraft Lease Ltd                                          | CUSIP: 09229CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     161849 | PA      | $152899.81    | 0.08%             | 2046-07-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| BLOCK FINANCIAL LLC              | Block Financial LLC                                                              | CUSIP: 093662AK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      38000 | PA      | $38223.82     | 0.02%             | 2032-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Blue Stream Issuer, LLC          | Blue Stream Issuer LLC                                                           | CUSIP: 09606BAJ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     250000 | PA      | $253027.96    | 0.14%             | 2054-11-20      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Boca Commercial Mortgage Trust   | BOCA Commercial Mortgage Trust 2024-BOCA                                         | CUSIP: 096817AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $100437.62    | 0.05%             | 2041-08-15      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| BOEING CO/THE                    | Boeing Co/The                                                                    | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |       1800 | NS      | $125226.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | EUR/USD FWD 20251022                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-17338.51    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | EUR/USD FWD 20251022                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $22653.98     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BOEING CO                        | Boeing Co/The                                                                    | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     145000 | PA      | $143497.95    | 0.08%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Bojangles Issuer, LLC            | Bojangles Issuer LLC                                                             | CUSIP: 09748RAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     175000 | PA      | $177731.32    | 0.10%             | 2054-11-20      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| N/A                              | EUR/USD FWD 20251031                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-70.32       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | EUR/USD FWD 20251217                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $1659.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                   | Bombardier Inc                                                                   | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      25000 | PA      | $26093.75     | 0.01%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FX3T3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1257063 | PA      | $60730.58     | 0.03%             | 2030-08-25      | Variable      | 1.32%                 | No            |                  2 | On Loan: No      |
| N/A                              | Euro-BTP Future   Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -9 | NC      | $-8146.65     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| POLARIS NEWCO LLC                | Polaris Newco LLC                                                                | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |      44692 | PA      | $43167.76     | 0.02%             | 2028-06-05      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137FXQX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    1455985 | PA      | $86867.11     | 0.05%             | 2035-10-25      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P   | Freddie Mac Multifamily Structured Pass Through Certificates                     | CUSIP: 3137H2NZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     809101 | PA      | $59697.15     | 0.03%             | 2036-08-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| FIRST BUSEY CORPORATION          | First Busey Corp                                                                 | CUSIP: 319383600<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EP               | CORP              | US        |       4950 | NS      | $126472.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARE         | First Citizens BancShares Inc/NC                                                 | CUSIP: 31959XAF0<br>LEI: 549300N3Z00ZHE2XC526 | Long             | DBT              | CORP              | US        |     170000 | PA      | $171912.50    | 0.09%             | 2040-03-12      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| First Franklin Mtg Loan Asset    | First Franklin Mortgage Loan Trust 2004-FF10                                     | CUSIP: 32027NMJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      21136 | PA      | $21012.26     | 0.01%             | 2034-07-25      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| FIRST INDUSTRIAL LP              | First Industrial LP                                                              | CUSIP: 32055RAS6<br>LEI: 86MKNB3IKYZZT3E3OV11 | Long             | DBT              | CORP              | US        |      44000 | PA      | $45119.89     | 0.02%             | 2031-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIRST INTERSTATE BANCSYS         | First Interstate BancSystem Inc                                                  | CUSIP: 32055YAB8<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | DBT              | CORP              | US        |      70000 | PA      | $71750.00     | 0.04%             | 2035-06-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| First Republic Mortgage Trust    | First Republic Mortgage Trust 2020-1                                             | CUSIP: 33616LAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     680126 | PA      | $641941.77    | 0.35%             | 2050-04-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| FISERV INC                       | Fiserv Inc                                                                       | CUSIP: 337738BJ6<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |      55000 | PA      | $55698.01     | 0.03%             | 2027-03-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FISERV INC                       | Fiserv Inc                                                                       | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |      63000 | PA      | $65021.29     | 0.04%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                 | FirstEnergy Corp                                                                 | CUSIP: 337932AU1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     170000 | PA      | $182580.00    | 0.10%             | 2031-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FIVE STAR BANCORP                | Five Star Bancorp                                                                | CUSIP: 33830TAC7<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | DBT              | CORP              | US        |      50000 | PA      | $48119.35     | 0.03%             | 2032-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTHSTATE BANK NA               | South State Bank NA                                                              | CUSIP: 45384BAD8<br>LEI: 8I3UVGYULPJQIP7FQV10 | Long             | DBT              | CORP              | US        |      70000 | PA      | $73411.24     | 0.04%             | 2034-08-15      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL          | Southern Co Gas Capital Corp                                                     | CUSIP: 8426EPAJ7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |      12000 | PA      | $11988.35     | 0.01%             | 2028-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NATURAL GAS             | Southern Natural Gas Co LLC                                                      | CUSIP: 84346LAD2<br>LEI: 254900KDLS1X42SY7037 | Long             | DBT              | CORP              | US        |       9000 | PA      | $9174.17      | 0.00%             | 2035-08-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SOUTHERN POWER CO                | Southern Power Co                                                                | CUSIP: 843646AY6<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |      20000 | PA      | $19639.90     | 0.01%             | 2035-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SOUTHSIDE BANCSHARES INC         | Southside Bancshares Inc                                                         | CUSIP: 84470PAG4<br>LEI: 549300TC83207VQA2K65 | Long             | DBT              | CORP              | US        |     145000 | PA      | $145283.19    | 0.08%             | 2035-08-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI         | Standard Building Solutions Inc                                                  | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |      15000 | PA      | $15393.75     | 0.01%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANLEY BLACK & DECKER I         | Stanley Black & Decker Inc                                                       | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |     355000 | PA      | $353837.73    | 0.19%             | 2060-03-15      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| STAR LEASING CO LLC              | Star Leasing Co LLC                                                              | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |      10000 | PA      | $9725.00      | 0.01%             | 2030-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                      | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |      15000 | PA      | $14850.00     | 0.01%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST          | Starwood Property Trust Inc                                                      | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      25000 | PA      | $25004.18     | 0.01%             | 2028-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONTARIO GAMING GTA LP            | Ontario Gaming GTA LP                                                            | CUSIP: N/A<br>LEI: 894500EC9KLZLOC3V025       | Long             | LON              | CORP              | CA        |      30483 | PA      | $29816.58     | 0.02%             | 2030-08-01      | Floating      | 8.24%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      49313 | PA      | $49344.28     | 0.03%             | 2031-02-28      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Storm King Park CLO, Ltd         | Storm King Park CLO LTD                                                          | CUSIP: 86217RAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     500000 | PA      | $501189.86    | 0.27%             | 2037-10-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Structured Asset Securities Co   | Structured Asset Securities Corp Mortgage Loan Trust 2006-BC3                    | CUSIP: 86359PAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     374917 | PA      | $315126.88    | 0.17%             | 2036-10-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                     | Stryker Corp                                                                     | CUSIP: 863667AQ4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |      54000 | PA      | $53523.77     | 0.03%             | 2028-03-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| STRYKER CORP                     | Stryker Corp                                                                     | CUSIP: 863667BK6<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |      47000 | PA      | $47707.54     | 0.03%             | 2028-02-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SUN COMMUNITIES OPER LP          | Sun Communities Operating LP                                                     | CUSIP: 866677AE7<br>LEI: 549300PUNBPJCGT6X741 | Long             | DBT              | CORP              | US        |      43000 | PA      | $38884.73     | 0.02%             | 2031-07-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTR 2.375 14-AUG-2034                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     641560 | NC      | $7877.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VESTIS CORP                      | Vestis Corp                                                                      | CUSIP: 92550HAE3<br>LEI: 254900QDW0TA2TMFAP59 | Long             | LON              | CORP              | US        |      44094 | PA      | $41668.59     | 0.02%             | 2031-02-24      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| WHITE CAP SUPPLY HOLDING         | White Cap Supply Holdings LLC                                                    | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |      69612 | PA      | $69705.18     | 0.04%             | 2029-10-29      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 10Y RTR 4.102500 16-JUL-2027                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     587900 | NC      | $28187.45     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 104.0000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     684000 | NC      | $68.74        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 5YR RTP 104.0000                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     407000 | NC      | $40.90        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 2.150000 21-JUL-2026                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | N/A       |   -5969000 | NC      | $-4225.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.250000 12-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -2991000 | NC      | $-12296.00    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.170000 23-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-6153.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.133000 27-AUG-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -1496000 | NC      | $-7058.13     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | FWDP 1Y RTP 3.160000 23-SEP-2027                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   -2992000 | NC      | $-14146.18    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WATERBRIDGE MIDSTREAM OP         | WaterBridge Midstream Operating LLC                                              | CUSIP: 94120XAF2<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |      14888 | PA      | $14925.69     | 0.01%             | 2029-06-27      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      39576 | PA      | $39600.83     | 0.02%             | 2032-01-20      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN           | Berkshire Hathaway Finance Corp                                                  | CUSIP: 084664CS8<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |     120000 | PA      | $110360.30    | 0.06%             | 2039-06-19      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FINNISH GOVERNMENT               | Finland Government Bond                                                          | CUSIP: ZK3729587<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |     180000 | PA      | $213100.56    | 0.12%             | 2033-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO                     | Organon & Co                                                                     | CUSIP: 68621XAG8<br>LEI: 549300AMCKY57OK2CO56 | Long             | LON              | CORP              | US        |      40000 | PA      | $39150.00     | 0.02%             | 2031-05-19      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| ONEDIGITAL BORROWER LLC          | OneDigital Borrower LLC                                                          | CUSIP: 68277FAN9<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |      69150 | PA      | $69238.20     | 0.04%             | 2031-07-02      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| N/A                              | BRL/USD FWD 20260105                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |          1 | NC      | $-136878.15   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CAN 10YR BOND FUT Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | CA        |         -4 | NC      | $-7046.55     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| TECTA AMERICA CORP               | Tecta America Corp                                                               | CUSIP: N/A<br>LEI: 54930083ULRH07WCC129       | Long             | LON              | CORP              | US        |      45000 | PA      | $45225.00     | 0.02%             | 2032-02-18      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BOR      | Prime Security Services Borrower LLC                                             | CUSIP: 03765VAQ3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | LON              | CORP              | US        |      59850 | PA      | $59377.78     | 0.03%             | 2032-03-08      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| BIOCEANICO SOVEREIGN             | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: ZS5584637<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     221979 | PA      | $181745.42    | 0.10%             | 2034-06-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STUBHUB HOLDCO SUB LLC           | StubHub Holdco Sub LLC                                                           | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |      41828 | PA      | $41566.39     | 0.02%             | 2030-03-15      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| OPAL US LLC                      | Opal US LLC                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     325000 | PA      | $326259.38    | 0.18%             | 2032-04-23      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| WHITEWATER MATTERHORN HO         | WhiteWater Matterhorn Holdings LLC                                               | CUSIP: N/A<br>LEI: 2138009J7G187M6C4Q91       | Long             | LON              | CORP              | US        |      15000 | PA      | $15009.38     | 0.01%             | 2032-06-16      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                      | Staples Inc                                                                      | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |      14962 | PA      | $14226.60     | 0.01%             | 2029-09-10      | Floating      | 10.05%                | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC              | Boxer Parent Co Inc                                                              | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |      89775 | PA      | $89732.81     | 0.05%             | 2031-07-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| SUPERANNUATION AND INVES         | Superannuation & Investments US LLC                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      80000 | PA      | $80510.00     | 0.04%             | 2028-12-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC         | Team Health Holdings Inc                                                         | CUSIP: 87817JAH1<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |      35000 | PA      | $34978.13     | 0.02%             | 2028-06-30      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| BOOTS GROUP FINCO LP             | Boots Group Finco LP                                                             | CUSIP: 09947PAB7<br>LEI: 254900YVLYOVF1PF1N93 | Long             | LON              | CORP              | US        |      35000 | PA      | $35138.43     | 0.02%             | 2032-08-30      | Floating      | 7.70%                 | No            |                  2 | On Loan: No      |
| FINASTRA USA INC                 | Finastra USA Inc                                                                 | CUSIP: N/A<br>LEI: 549300ZB2RO6QC7YTK71       | Long             | LON              | CORP              | US        |      20000 | PA      | $19939.30     | 0.01%             | 2032-09-15      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| N/A                              | CDX.NA.HY.44.V1 (SELL PROTECTION)                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |          1 | NC      | $217004.84    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 89364MCE2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     135000 | PA      | $135006.75    | 0.07%             | 2032-08-13      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| VICTORY CAPITAL HOLDINGS         | Victory Capital Holdings Inc                                                     | CUSIP: 92645DAM1<br>LEI: 549300BN5LH2CIPPHS71 | Long             | LON              | CORP              | US        |      15000 | PA      | $14990.70     | 0.01%             | 2032-09-23      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC               | Pinnacle Buyer LLC                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |      12581 | PA      | $12612.10     | 0.01%             | 2032-09-13      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC               | Pinnacle Buyer LLC                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |       2419 | PA      | $2425.40      | 0.00%             | 2032-09-13      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| VICTRA HOLDINGS LLC              | Victra Holdings LLC                                                              | CUSIP: 50226BAN8<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | LON              | CORP              | US        |      49375 | PA      | $49537.20     | 0.03%             | 2029-03-29      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                    | TransDigm Inc                                                                    | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |      29625 | PA      | $29629.30     | 0.02%             | 2030-03-22      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                              | Euro-OAT Future   Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |        -17 | NC      | $7230.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | EURO-BUND FUTURE  Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         21 | NC      | $-9725.37     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US 2YR NOTE (CBT) Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         -2 | NC      | $1137.78      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US 2YR NOTE (CBT) Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        256 | NC      | $-15156.23    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US 10yr Ultra Fut Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -61 | NC      | $-43019.90    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | US 10yr Ultra Fut Dec25                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         11 | NC      | $-8445.75     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Wilshire Mutual Funds Inc

**Signature:** /s/ Gaurav Chopra

**Name of Signer:** Wilshire Mutual Funds Inc

**Title:** Assistant Treasurer