# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-071906
**Filing Date:** 2023-3
**Character Count:** 168634
**Document Hash:** a194c10517ab29e743618cb355eac643
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071906.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071906

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774040

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares iBonds 2028 Term High Yield and Income ETF (Series ID: S000075472)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000234589 | iShares iBonds 2028 Term High Yield and Income ETF | IBHH            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Corporate Bonds & Notes** |  |  |
| **Advertising — 1.1%** |  |  |
| Advantage Sales & Marketing Inc., 6.50%, 11/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/23)<sup>(a)</sup> | $55 | $41828 |
| Clear Channel Outdoor Holdings Inc., 7.75%, 04/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/24)<sup>(a)(b)</sup> | 75 | 63876 |
| Lamar Media Corp., 3.75%, 02/15/28 (Call 02/15/23) | 45 | 41039 |
|  |  | 146743 |
| **Aerospace & Defense — 0.9%** |  |  |
| Bombardier Inc., 6.00%, 02/15/28 (Call 02/15/24)<sup>(a)</sup> | 55 | 52213 |
| Howmet Aerospace Inc., 6.75%, 01/15/28 | 25 | 26222 |
| Spirit AeroSystems Inc., 4.60%, 06/15/28 (Call 03/15/28)<sup>(b)</sup> | 52 | 44133 |
|  |  | 122568 |
| **Airlines — 0.2%** |  |  |
| Delta Air Lines Inc., 4.38%, 04/19/28 (Call 01/19/28)<sup>(b)</sup> | 30 | 27890 |
| **Auto Manufacturers — 1.4%** |  |  |
| Ford Motor Co., 6.63%, 10/01/28<sup>(b)</sup> | 35 | 36464 |
| Ford Motor Credit Co. LLC, 2.90%, 02/16/28 (Call 12/16/27) | 55 | 47448 |
| Jaguar Land Rover Automotive PLC, 5.88%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)</sup> | 50 | 42535 |
| PM General Purchaser LLC, 9.50%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 50 | 38248 |
| Wabash National Corp., 4.50%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 30 | 26398 |
|  |  | 191093 |
| **Auto Parts & Equipment — 0.9%** |  |  |
| American Axle & Manufacturing Inc., 6.88%, 07/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/01/23)<sup>(b)</sup> | 30 | 27320 |
| Dana Inc., 5.63%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 30 | 28350 |
| Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/01/23)<sup>(a)</sup> | 35 | 32412 |
| Titan International Inc., 7.00%, 04/30/28 (Call 04/30/24) | 30 | 28735 |
|  |  | 116817 |
| **Biotechnology — 0.3%** |  |  |
| Grifols Escrow Issuer SA, 4.75%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 50 | 43474 |
| **Building Materials — 3.0%** |  |  |
| Camelot Return Merger Sub Inc., 8.75%, 08/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/22/24)<sup>(a)</sup> | 50 | 47010 |
| CP Atlas Buyer Inc., 7.00%, 12/01/28 (Call 12/01/23)<sup>(a)(b)</sup> | 35 | 27035 |
| Griffon Corp., 5.75%, 03/01/28 (Call 03/01/23) | 75 | 71012 |
| James Hardie International Finance DAC, 5.00%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)(b)</sup> | 25 | 23889 |
| Masonite International Corp., 5.38%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 40 | 37516 |
| New Enterprise Stone & Lime Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/28 (Call 07/15/24)<sup>(a)</sup> | 45 | 41415 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 20 | 19003 |
| SRM Escrow Issuer LLC, 6.00%, 11/01/28 (Call 11/01/23)<sup>(a)</sup> | 82 | 74643 |
| Standard Industries Inc./NJ, 4.75%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 75 | 70253 |
|  |  | 411776 |
| **Chemicals — 3.9%** |  |  |
| ASP Unifrax Holdings Inc, 5.25%, 09/30/28 (Call 09/30/24)<sup>(a)</sup> | 60 | 51242 |
| Chemours Co. (The), 5.75%, 11/15/28 (Call 11/15/23)<sup>(a)</sup> | 57 | 51939 |
| Consolidated Energy Finance SA, 5.63%, 10/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/24)<sup>(a)</sup> | 40 | 34872 |
| CVR Partners LP/CVR Nitrogen Finance Corp., 6.13%, 06/15/28 (Call 06/15/24)<sup>(a)</sup> | 40 | 36324 |
| Element Solutions Inc., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 60 | 53060 |
| HB Fuller Co., 4.25%, 10/15/28 (Call 10/15/23) | 25 | 22135 |
| Herens Holdco Sarl, 4.75%, 05/15/28 (Call 05/15/24)<sup>(a)</sup> | 25 | 20525 |
| Illuminate Buyer LLC/Illuminate Holdings IV Inc., 9.00%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;07/01/28 (Call 07/01/23)<sup>(a)</sup> | 35 | 31330 |
| Ingevity Corp., 3.88%, 11/01/28 (Call 11/01/23)<sup>(a)</sup> | 40 | 35190 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| Innophos Holdings Inc., 9.38%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | $20 | $19739 |
| Iris Holdings Inc., 10.00%, 12/15/28 (Call 06/15/25)<sup>(a)</sup> | 30 | 23555 |
| Minerals Technologies Inc., 5.00%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 30 | 27436 |
| Olympus Water U.S. Holding Corp., 4.25%, 10/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/01/24)<sup>(a)</sup> | 60 | 50158 |
| SCIH Salt Holdings Inc., 4.88%, 05/01/28 (Call 05/01/24)<sup>(a)</sup> | 80 | 70417 |
|  |  | 527922 |
| **Coal — 0.2%** |  |  |
| Warrior Met Coal Inc., 7.88%, 12/01/28 (Call 12/01/24)<sup>(a)</sup> | 25 | 24640 |
| **Commercial Services — 5.5%** |  |  |
| Adtalem Global Education Inc., 5.50%, 03/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/01/24)<sup>(a)</sup> | 31 | 28882 |
| Allied Universal Holdco LLC/Allied Universal Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corp./Atlas Luxco 4 Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/28 (Call 06/01/24)<sup>(a)</sup> | 90 | 77627 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/28 (Call 06/01/24)<sup>(a)(b)</sup> | 55 | 46942 |
| ASGN Inc., 4.63%, 05/15/28 (Call 05/15/23)<sup>(a)</sup> | 40 | 36600 |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc., 4.75%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;04/01/28 (Call 04/01/24)<sup>(a)</sup> | 35 | 30948 |
| CoreLogic Inc., 4.50%, 05/01/28 (Call 05/01/24)<sup>(a)</sup> | 55 | 43687 |
| Garda World Security Corp., 7.75%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/25)<sup>(a)(b)</sup> | 5 | 5065 |
| Gartner Inc., 4.50%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 60 | 57046 |
| GEO Group Inc., 10.50%, 06/30/28 (Call 06/30/23) | 20 | 20523 |
| Grand Canyon University, 5.13%, 10/01/28 (Call 08/01/28) | 30 | 28436 |
| MPH Acquisition Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/28 (Call 09/01/24)<sup>(a)</sup> | 75 | 62299 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/01/28 (Call 11/01/23)<sup>(a)</sup> | 95 | 68997 |
| Prime Security Services Borrower LLC/Prime Finance Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 95 | 90088 |
| United Rentals North America Inc., 4.88%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24) | 120 | 116251 |
| Williams Scotsman International Inc., 4.63%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(a)</sup> | 40 | 37072 |
|  |  | 750463 |
| **Computers — 1.6%** |  |  |
| Ahead DB Holdings LLC, 6.63%, 05/01/28 (Call 05/01/24)<sup>(a)</sup> | 30 | 25363 |
| Booz Allen Hamilton Inc., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 50 | 45158 |
| KBR Inc., 4.75%, 09/30/28 (Call 09/21/23)<sup>(a)</sup> | 15 | 13600 |
| NCR Corp., 5.00%, 10/01/28 (Call 08/20/23)<sup>(a)</sup> | 50 | 44475 |
| Presidio Holdings Inc., 8.25%, 02/01/28 (Call 02/01/23)<sup>(a)(b)</sup> | 40 | 38459 |
| Science Applications International Corp., 4.88%, 04/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/01/23)<sup>(a)(b)</sup> | 30 | 28115 |
| Virtusa Corp., 7.13%, 12/15/28 (Call 12/15/23)<sup>(a)</sup> | 25 | 21006 |
|  |  | 216176 |
| **Cosmetics & Personal Care — 0.4%** |  |  |
| Edgewell Personal Care Co., 5.50%, 06/01/28 (Call 06/01/23)<sup>(a)</sup> | 55 | 52016 |
| **Distribution & Wholesale — 1.0%** |  |  |
| American Builders & Contractors Supply Co. Inc., 4.00%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/15/28 (Call 01/15/24)<sup>(a)</sup> | 55 | 50210 |
| H&E Equipment Services Inc., 3.88%, 12/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(a)</sup> | 95 | 83786 |
|  |  | 133996 |
| **Diversified Financial Services — 4.0%** |  |  |
| AG Issuer LLC, 6.25%, 03/01/28 (Call 03/01/23)<sup>(a)</sup> | 40 | 37800 |
| Burford Capital Global Finance LLC, 6.25%, 04/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 04/15/24)<sup>(a)</sup> | 25 | 22344 |
| Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/24)<sup>(a)</sup> | 75 | 64055 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Midcap Financial Issuer Trust, 6.50%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/24)<sup>(a)</sup> | $75 | $66097 |
| Nationstar Mortgage Holdings Inc., 5.50%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(a)</sup> | 62 | 54164 |
| Navient Corp., 4.88%, 03/15/28 (Call 06/15/27) | 35 | 30963 |
| NFP Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 40 | 34978 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 150 | 129883 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 09/15/24) | 45 | 37885 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 07/15/27) | 55 | 53533 |
| PRA Group Inc., 8.38%, 02/01/28 | 15 | 15079 |
|  |  | 546781 |
| **Electric — 3.5%** |  |  |
| Atlantica Sustainable Infrastructure PLC, 4.13%, 06/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/25)<sup>(a)</sup> | 25 | 22275 |
| Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 90 | 83119 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/15/28 (Call 03/15/23)<sup>(a)</sup> | 102 | 92330 |
| Clearway Energy Operating LLC, 4.75%, 03/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/23)<sup>(a)</sup> | 65 | 61288 |
| NRG Energy Inc., 5.75%, 01/15/28 (Call 01/15/24) | 60 | 57302 |
| Pattern Energy Operations LP/Pattern Energy Operations Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 50 | 45881 |
| PG&E Corp., 5.00%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 75 | 70162 |
| Pike Corp., 5.50%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 55 | 48549 |
|  |  | 480906 |
| **Electrical Components & Equipment — 1.0%** |  |  |
| Energizer Holdings Inc., 4.75%, 06/15/28 (Call 07/01/23)<sup>(a)</sup> | 45 | 40275 |
| WESCO Distribution Inc., 7.25%, 06/15/28 (Call 06/15/23)<sup>(a)</sup> | 95 | 97708 |
|  |  | 137983 |
| **Energy - Alternate Sources — 0.3%** |  |  |
| TerraForm Power Operating LLC, 5.00%, 01/31/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 07/31/27)<sup>(a)</sup> | 50 | 46997 |
| **Engineering & Construction — 0.7%** |  |  |
| Fluor Corp., 4.25%, 09/15/28 (Call 06/15/28)<sup>(b)</sup> | 45 | 41987 |
| Railworks Holdings LP/Railworks Rally Inc., 8.25%, 11/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/24)<sup>(a)</sup> | 25 | 23191 |
| Weekley Homes LLC/Weekley Finance Corp., 4.88%, 09/15/28 (Call 09/15/23)<sup>(a)(b)</sup> | 30 | 26101 |
|  |  | 91279 |
| **Entertainment — 1.5%** |  |  |
| Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium Op, 6.50%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 25 | 24389 |
| Churchill Downs Inc., 4.75%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 55 | 51454 |
| Cinemark USA Inc., 5.25%, 07/15/28 (Call 07/15/24)<sup>(a)</sup> | 55 | 45103 |
| Live Nation Entertainment Inc., 3.75%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)</sup> | 40 | 35670 |
| Scientific Games International Inc., 7.00%, 05/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/23)<sup>(a)</sup> | 55 | 54542 |
|  |  | 211158 |
| **Environmental Control — 1.0%** |  |  |
| GFL Environmental Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/28 (Call 03/01/28)<sup>(a)</sup> | 55 | 48989 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/01/28 (Call 08/01/23)<sup>(a)(b)</sup> | 55 | 48822 |
| Madison IAQ LLC, 4.13%, 06/30/28 (Call 06/30/24)<sup>(a)(b)</sup> | 50 | 44033 |
|  |  | 141844 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Food — 2.2%** |  |  |
| Albertsons Companies Inc./Safeway Inc./New |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Albertsons LP/Albertsons LLC, 5.88%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(a)(b)</sup> | $60 | $58666 |
| C&S Group Enterprises LLC, 5.00%, 12/15/28 (Call 12/15/23)<sup>(a)</sup> | 30 | 23134 |
| Chobani LLC/Chobani Finance Corp. Inc., 4.63%, 11/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/15/23)<sup>(a)</sup> | 30 | 27468 |
| Lamb Weston Holdings Inc., 4.88%, 05/15/28 (Call 11/15/27)<sup>(a)</sup> | 40 | 38696 |
| Post Holdings Inc., 5.63%, 01/15/28 (Call 12/01/23)<sup>(a)(b)</sup> | 70 | 67616 |
| SEG Holding LLC/SEG Finance Corp., 5.63%, 10/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/09/23)<sup>(a)</sup> | 25 | 23796 |
| TreeHouse Foods Inc., 4.00%, 09/01/28 (Call 09/01/23) | 35 | 29582 |
| United Natural Foods Inc., 6.75%, 10/15/28 (Call 10/15/23)<sup>(a)</sup> | 40 | 38622 |
|  |  | 307580 |
| **Food Service — 0.8%** |  |  |
| Aramark Services Inc., 5.00%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 85 | 80191 |
| TKC Holdings Inc., 6.88%, 05/15/28 (Call 05/15/24)<sup>(a)</sup> | 30 | 24532 |
|  |  | 104723 |
| **Forest Products & Paper — 0.6%** |  |  |
| Ahlstrom-Munksjo Holding 3 Oy, 4.88%, 02/04/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/04/24)<sup>(a)</sup> | 20 | 17134 |
| Clearwater Paper Corp., 4.75%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 20 | 17861 |
| Domtar Corp., 6.75%, 10/01/28 (Call 10/01/24)<sup>(a)</sup> | 45 | 41462 |
|  |  | 76457 |
| **Health Care - Products — 1.3%** |  |  |
| Avantor Funding Inc., 4.63%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 110 | 103674 |
| Hologic Inc., 4.63%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 35 | 33494 |
| Teleflex Inc., 4.25%, 06/01/28 (Call 06/01/23)<sup>(a)</sup> | 40 | 36948 |
|  |  | 174116 |
| **Health Care - Services — 3.0%** |  |  |
| Acadia Healthcare Co. Inc., 5.50%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 35 | 33701 |
| Akumin Escrow Inc., 7.50%, 08/01/28 (Call 08/01/24)<sup>(a)</sup> | 30 | 20404 |
| Charles River Laboratories International Inc., 4.25%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/23)<sup>(a)</sup> | 40 | 37067 |
| Encompass Health Corp., 4.50%, 02/01/28 (Call 02/01/23) | 60 | 56022 |
| Molina Healthcare Inc., 4.38%, 06/15/28 (Call 06/15/23)<sup>(a)</sup> | 60 | 55507 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/28 | 45 | 41777 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/01/28 (Call 10/01/23)<sup>(b)</sup> | 180 | 167636 |
|  |  | 412114 |
| **Home Builders — 1.4%** |  |  |
| Ashton Woods USA LLC/Ashton Woods Finance Co., 6.63%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/15/28 (Call 01/15/24)<sup>(a)</sup> | 15 | 13706 |
| Forestar Group Inc., 5.00%, 03/01/28 (Call 03/01/23)<sup>(a)</sup> | 25 | 21973 |
| Installed Building Products Inc., 5.75%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(a)</sup> | 20 | 18434 |
| M/I Homes Inc., 4.95%, 02/01/28 (Call 02/01/23) | 30 | 27702 |
| Shea Homes LP/Shea Homes Funding Corp., 4.75%, 02/15/28 (Call 02/15/23) | 32 | 28497 |
| Taylor Morrison Communities Inc., 5.75%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/27)<sup>(a)</sup> | 35 | 33964 |
| Tri Pointe Homes Inc., 5.70%, 06/15/28 (Call 12/15/27) | 25 | 23455 |
| Winnebago Industries Inc., 6.25%, 07/15/28 (Call 06/30/23)<sup>(a)(b)</sup> | 25 | 24102 |
|  |  | 191833 |
| **Household Products & Wares — 0.2%** |  |  |
| Central Garden & Pet Co., 5.13%, 02/01/28 (Call 01/01/24)<sup>(b)</sup> | 25 | 23813 |
| **Insurance — 0.6%** |  |  |
| MGIC Investment Corp., 5.25%, 08/15/28 (Call 08/15/23) | 50 | 47115 |
| Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)<sup>(a)</sup> | 40 | 38924 |
|  |  | 86039 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Internet — 4.1%** |  |  |
| Acuris Finance Us Inc./Acuris Finance SARL, 5.00%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/24)<sup>(a)</sup> | $25 | $20419 |
| ANGI Group LLC, 3.88%, 08/15/28 (Call 08/15/23)<sup>(a)(b)</sup> | 35 | 26832 |
| Arches Buyer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 12/01/23)<sup>(a)</sup> | 70 | 58834 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 12/01/28 (Call 12/01/23)<sup>(a)(b)</sup> | 35 | 29490 |
| Cablevision Lightpath LLC, 5.63%, 09/15/28 (Call 09/15/23)<sup>(a)</sup> | 25 | 19162 |
| Cars.com Inc., 6.38%, 11/01/28 (Call 11/01/23)<sup>(a)</sup> | 30 | 27842 |
| ION Trading Technologies Sarl, 5.75%, 05/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/15/24)<sup>(a)</sup> | 35 | 29978 |
| Match Group Holdings II LLC, 4.63%, 06/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/01/23)<sup>(a)(b)</sup> | 40 | 36776 |
| Netflix Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/15/28 | 115 | 114902 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/15/28 | 140 | 145761 |
| Northwest Fiber LLC/Northwest Fiber Finance Sub Inc., 6.00%, 02/15/28 (Call 02/15/24)<sup>(a)</sup> | 20 | 16519 |
| Uber Technologies Inc., 6.25%, 01/15/28 (Call 12/17/23)<sup>(a)(b)</sup> | 40 | 39156 |
|  |  | 565671 |
| **Iron & Steel — 0.2%** |  |  |
| Carpenter Technology Corp., 6.38%, 07/15/28 (Call 07/15/23) | 30 | 29563 |
| **Leisure Time — 3.9%** |  |  |
| Carnival Corp., 4.00%, 08/01/28 (Call 05/01/28)<sup>(a)</sup> | 175 | 150855 |
| Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/25)<sup>(a)</sup> | 145 | 156568 |
| NCL Corp. Ltd., 8.38%, 02/01/28 (Call 02/01/25)<sup>(a)</sup> | 30 | 30500 |
| NCL Finance Ltd., 6.13%, 03/15/28 (Call 12/15/27)<sup>(a)</sup> | 35 | 28445 |
| Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.70%, 03/15/28 (Call 12/15/27) | 35 | 27593 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/01/28 (Call 09/29/27)<sup>(a)</sup> | 110 | 94629 |
| VOC Escrow Ltd., 5.00%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 50 | 44004 |
|  |  | 532594 |
| **Lodging — 2.8%** |  |  |
| Full House Resorts Inc., 8.25%, 02/15/28 (Call 02/15/24)<sup>(a)</sup> | 30 | 27896 |
| Hilton Domestic Operating Co. Inc., 5.75%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/23)<sup>(a)</sup> | 40 | 39663 |
| Marriott Ownership Resorts Inc., 4.75%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 09/15/23) | 25 | 22812 |
| MGM Resorts International, 4.75%, 10/15/28 (Call 07/15/28) | 55 | 49849 |
| Sands China Ltd., 5.90%, 08/08/28 (Call 05/08/28) | 135 | 132875 |
| Station Casinos LLC, 4.50%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 50 | 45013 |
| Studio City Finance Ltd., 6.50%, 01/15/28 (Call 07/15/23)<sup>(a)</sup> | 35 | 31639 |
| Wyndham Hotels & Resorts Inc., 4.38%, 08/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 08/15/23)<sup>(a)(b)</sup> | 40 | 37092 |
|  |  | 386839 |
| **Machinery — 1.2%** |  |  |
| ATS Automation Tooling Systems Inc., 4.13%, 12/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 12/15/23)<sup>(a)</sup> | 25 | 22411 |
| BWX Technologies Inc., 4.13%, 06/30/28 (Call 06/30/23)<sup>(a)</sup> | 30 | 27202 |
| GrafTech Finance Inc., 4.63%, 12/15/28 (Call 12/15/23)<sup>(a)</sup> | 35 | 30404 |
| TK Elevator Holdco GmbH, 7.63%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 30 | 26649 |
| Vertiv Group Corp., 4.13%, 11/15/28 (Call 11/15/24)<sup>(a)</sup> | 65 | 56542 |
|  |  | 163208 |
| **Manufacturing — 0.3%** |  |  |
| LSB Industries Inc., 6.25%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 50 | 45054 |
| **Media — 7.9%** |  |  |
| Altice Financing SA, 5.00%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 90 | 76512 |
| Block Communications Inc., 4.88%, 03/01/28 (Call 03/01/23)<sup>(a)</sup> | 25 | 21995 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Media (continued)** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 5.00%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;02/01/28 (Call 08/01/23)<sup>(a)</sup> | $180 | $168014 |
| CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(a)</sup> | 75 | 63003 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/28 (Call 04/01/23)<sup>(a)(b)</sup> | 80 | 58443 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 12/01/28 (Call 12/01/27)<sup>(a)</sup> | 180 | 147631 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 07/01/28 (Call 07/01/23) | 70 | 50326 |
| GCI LLC, 4.75%, 10/15/28 (Call 10/15/23)<sup>(a)</sup> | 45 | 39536 |
| iHeartCommunications Inc., 4.75%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)(b)</sup> | 35 | 29946 |
| McGraw-Hill Education Inc., 5.75%, 08/01/28 (Call 08/01/24)<sup>(a)</sup> | 65 | 57258 |
| Nexstar Media Inc., 4.75%, 11/01/28 (Call 11/01/23)<sup>(a)(b)</sup> | 75 | 67525 |
| Sirius XM Radio Inc., 4.00%, 07/15/28 (Call 07/15/24)<sup>(a)</sup> | 145 | 128895 |
| TEGNA Inc., 4.63%, 03/15/28 (Call 03/15/23) | 75 | 70438 |
| UPC Holding BV, 5.50%, 01/15/28 (Call 10/15/23)<sup>(a)</sup> | 30 | 27230 |
| Urban One Inc., 7.38%, 02/01/28 (Call 02/01/24)<sup>(a)(b)</sup> | 57 | 51466 |
| Virgin Media Vendor Financing Notes IV DAC, 5.00%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 35 | 31759 |
|  |  | 1089977 |
| **Mining — 1.4%** |  |  |
| Alcoa Nederland Holding BV, 6.13%, 05/15/28 (Call 05/15/23)<sup>(a)</sup> | 30 | 30058 |
| Arconic Corp., 6.13%, 02/15/28 (Call 02/15/23)<sup>(a)(b)</sup> | 65 | 62648 |
| Century Aluminum Co., 7.50%, 04/01/28 (Call 04/01/24)<sup>(a)</sup> | 15 | 13354 |
| Constellium SE, 5.63%, 06/15/28 (Call 06/15/23)<sup>(a)</sup> | 20 | 18927 |
| Hecla Mining Co., 7.25%, 02/15/28 (Call 02/15/23) | 35 | 34950 |
| Kaiser Aluminum Corp., 4.63%, 03/01/28 (Call 03/01/23)<sup>(a)</sup> | 35 | 31974 |
|  |  | 191911 |
| **Office & Business Equipment — 0.3%** |  |  |
| Xerox Holdings Corp., 5.50%, 08/15/28 (Call 07/15/28)<sup>(a)</sup> | 55 | 46897 |
| **Office Furnishings — 0.1%** |  |  |
| Interface Inc., 5.50%, 12/01/28 (Call 12/01/23)<sup>(a)</sup> | 20 | 16800 |
| **Oil & Gas — 4.8%** |  |  |
| Apache Corp., 4.38%, 10/15/28 (Call 07/15/28) | 20 | 18647 |
| Callon Petroleum Co., 8.00%, 08/01/28 (Call 08/01/24)<sup>(a)</sup> | 50 | 49956 |
| CVR Energy Inc., 5.75%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 30 | 27456 |
| Encino Acquisition Partners Holdings LLC, 8.50%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/24)<sup>(a)</sup> | 52 | 48779 |
| Endeavor Energy Resources LP/EER Finance Inc., 5.75%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;01/30/28 (Call 01/30/24)<sup>(a)</sup> | 75 | 74079 |
| Global Marine Inc., 7.00%, 06/01/28 | 20 | 15970 |
| Hilcorp Energy I LP/Hilcorp Finance Co., 6.25%, 11/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/23)<sup>(a)</sup> | 45 | 43204 |
| Laredo Petroleum Inc., 10.13%, 01/15/28 (Call 01/15/24) | 25 | 24901 |
| Murphy Oil Corp., 6.38%, 07/15/28 (Call 07/15/24) | 37 | 36739 |
| Nabors Industries Ltd., 7.50%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 30 | 28588 |
| Northern Oil and Gas Inc., 8.13%, 03/01/28 (Call 03/01/24)<sup>(a)</sup> | 55 | 54811 |
| Occidental Petroleum Corp., 6.38%, 09/01/28 (Call 03/01/28) | 40 | 41598 |
| Patterson-UTI Energy Inc., 3.95%, 02/01/28 (Call 11/01/27) | 40 | 36224 |
| PBF Holding Co. LLC/PBF Finance Corp., 6.00%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/23)<sup>(b)</sup> | 60 | 56567 |
| SM Energy Co., 6.50%, 07/15/28 (Call 07/15/24) | 30 | 28696 |
| Southwestern Energy Co., 8.38%, 09/15/28 (Call 09/15/23) | 25 | 26252 |
| Sunoco LP/Sunoco Finance Corp., 5.88%, 03/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/15/23) | 30 | 29407 |
| Transocean Titan Financing Ltd., 8.38%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/25) | 15 | 15566 |
|  |  | 657440 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Oil & Gas Services — 1.1%** |  |  |
| Archrock Partners LP/Archrock Partners Finance Corp., 6.25%, 04/01/28 (Call 04/01/23)<sup>(a)</sup> | $60 | $57009 |
| Bristow Group Inc., 6.88%, 03/01/28 (Call 03/01/24)<sup>(a)</sup> | 30 | 28576 |
| Oceaneering International Inc., 6.00%, 02/01/28 (Call 11/01/27) | 25 | 24071 |
| Weatherford International Ltd., 6.50%, 09/15/28 (Call 09/15/24)<sup>(a)</sup> | 35 | 34830 |
|  |  | 144486 |
| **Packaging & Containers — 2.6%** |  |  |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Finance PLC, 3.25%, 09/01/28 (Call 05/15/24)<sup>(a)</sup> | 45 | 39483 |
| Ball Corp., 6.88%, 03/15/28 (Call 11/15/24) | 55 | 56770 |
| Cascades Inc./Cascades USA Inc., 5.38%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)(b)</sup> | 30 | 27953 |
| Graham Packaging Co. Inc., 7.13%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 40 | 35138 |
| Graphic Packaging International LLC, 3.50%, 03/15/28<sup>(a)</sup> | 35 | 31468 |
| Intelligent Packaging Ltd. Finco Inc./Intelligent Packaging Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Co-Issuer LLC, 6.00%, 09/15/28 (Call 09/15/23)<sup>(a)</sup> | 50 | 44593 |
| LABL Inc., 5.88%, 11/01/28 (Call 11/01/24)<sup>(a)</sup> | 35 | 31631 |
| Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Issuer Inc., 4.38%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 35 | 31121 |
| Sealed Air Corp., 6.13%, 02/01/28 (Call 02/01/24)<sup>(a)</sup> | 20 | 20186 |
| Silgan Holdings Inc., 4.13%, 02/01/28 (Call 10/01/23) | 45 | 42058 |
|  |  | 360401 |
| **Pharmaceuticals — 3.6%** |  |  |
| AdaptHealth LLC, 6.13%, 08/01/28 (Call 08/01/23)<sup>(a)</sup> | 25 | 23724 |
| Bausch Health Cos. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/28 (Call 06/01/24)<sup>(a)</sup> | 115 | 73820 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.00%, 09/30/28<sup>(a)</sup> | 130 | 101781 |
| Cheplapharm Arzneimittel GmbH, 5.50%, 01/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 01/15/24)<sup>(a)</sup> | 35 | 31192 |
| Elanco Animal Health Inc., 6.40%, 08/28/28 (Call 05/28/28)<sup>(b)</sup> | 55 | 54030 |
| Mallinckrodt International Finance SA/Mallinckrodt CB LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 12/15/28 (Call 06/15/27)<sup>(a)</sup> | 45 | 40435 |
| Organon & Co./Organon Foreign Debt Co.-Issuer BV, 4.13%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;04/30/28 (Call 04/30/24)<sup>(a)</sup> | 150 | 136117 |
| Prestige Brands Inc., 5.13%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 35 | 33588 |
|  |  | 494687 |
| **Pipelines — 4.6%** |  |  |
| Antero Midstream Partners LP/Antero Midstream Finance Corp., 5.75%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 50 | 47944 |
| Buckeye Partners LP, 4.50%, 03/01/28 (Call 12/01/27)<sup>(a)</sup> | 35 | 32108 |
| Cheniere Energy Inc., 4.63%, 10/15/28 (Call 10/15/23) | 145 | 138189 |
| Delek Logistics Partners LP/Delek Logistics Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/01/28 (Call 06/01/24)<sup>(a)</sup> | 30 | 27608 |
| EnLink Midstream LLC, 5.63%, 01/15/28 (Call 07/15/27)<sup>(a)</sup> | 40 | 39107 |
| EQM Midstream Partners LP, 5.50%, 07/15/28 (Call 04/15/28) | 60 | 55354 |
| Genesis Energy LP/Genesis Energy Finance Corp., 7.75%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;02/01/28 (Call 02/01/23)<sup>(b)</sup> | 50 | 48412 |
| Harvest Midstream I LP, 7.50%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 60 | 59021 |
| Hess Midstream Operations LP, 5.13%, 06/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/15/23)<sup>(a)</sup> | 40 | 37805 |
| Holly Energy Partners LP/Holly Energy Finance Corp., 5.00%, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;02/01/28 (Call 02/01/23)<sup>(a)</sup> | 40 | 37247 |
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., 5.50%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 55 | 50688 |
| Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 12/01/27) | 30 | 28341 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 05/15/28) | 30 | 28531 |
|  |  | 630355 |
| **Real Estate — 0.7%** |  |  |
| Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 05/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/18/23)<sup>(a)(b)</sup> | 50 | 48299 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par <br> (000)* | *Value* |
| **Real Estate (continued)** |  |  |
| Howard Hughes Corp. (The), 5.38%, 08/01/28 (Call 08/01/23)<sup>(a)</sup> | $55 | $50997 |
|  |  | 99296 |
| **Real Estate Investment Trusts — 1.8%** |  |  |
| American Finance Trust Inc./American Finance Operating |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Partner LP, 4.50%, 09/30/28 (Call 06/30/28)<sup>(a)</sup> | 35 | 26878 |
| CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 03/30/28)<sup>(a)</sup> | 30 | 26845 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 35 | 32381 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/28 (Call 12/27/23)<sup>(a)</sup> | 65 | 61797 |
| Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer, 5.88%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 50 | 46261 |
| Service Properties Trust, 3.95%, 01/15/28 (Call 07/15/27) | 30 | 22865 |
| Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/15/28 (Call 04/15/24)<sup>(a)</sup> | 40 | 32792 |
|  |  | 249819 |
| **Retail — 4.2%** |  |  |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/28 (Call 09/15/23)<sup>(a)</sup> | 110 | 100540 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/28 (Call 11/15/23)<sup>(a)</sup> | 55 | 50765 |
| Asbury Automotive Group Inc., 4.50%, 03/01/28 (Call 03/01/23) | 30 | 27315 |
| At Home Group Inc., 4.88%, 07/15/28 (Call 07/15/23)<sup>(a)</sup> | 20 | 14596 |
| Bath & Body Works Inc., 5.25%, 02/01/28 | 35 | 33082 |
| FirstCash Inc., 4.63%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 40 | 35950 |
| Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 55 | 48311 |
| Ken Garff Automotive LLC, 4.88%, 09/15/28 (Call 09/15/23)<sup>(a)</sup> | 30 | 25829 |
| Michaels Companies Inc. (The), 5.25%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 11/01/23)<sup>(a)</sup> | 60 | 50297 |
| Nordstrom Inc., 6.95%, 03/15/28<sup>(b)</sup> | 25 | 24266 |
| PetSmart Inc./PetSmart Finance Corp., 4.75%, 02/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/15/24)<sup>(a)</sup> | 85 | 78827 |
| SRS Distribution Inc., 4.63%, 07/01/28 (Call 07/01/24)<sup>(a)</sup> | 50 | 45970 |
| White Cap Buyer LLC, 6.88%, 10/15/28 (Call 10/15/23)<sup>(a)</sup> | 45 | 41206 |
|  |  | 576954 |
| **Semiconductors — 0.6%** |  |  |
| Entegris Inc., 4.38%, 04/15/28 (Call 04/15/23)<sup>(a)</sup> | 30 | 27153 |
| ON Semiconductor Corp., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 55 | 50153 |
|  |  | 77306 |
| **Software — 2.7%** |  |  |
| Black Knight InfoServ LLC, 3.63%, 09/01/28 (Call 09/01/23)<sup>(a)</sup> | 75 | 66734 |
| Clarivate Science Holdings Corp., 3.88%, 07/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 06/30/24)<sup>(a)</sup> | 70 | 62499 |
| Consensus Cloud Solutions Inc., 6.50%, 10/15/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 10/15/26)<sup>(a)(b)</sup> | 35 | 32782 |
| Fair Isaac Corp., 4.00%, 06/15/28 (Call 12/15/23)<sup>(a)</sup> | 70 | 65021 |
| Helios Software Holdings Inc./ION Corporate Solutions Finance Sarl, 4.63%, 05/01/28 (Call 05/01/24)<sup>(a)</sup> | 20 | 16068 |
| MicroStrategy Inc., 6.13%, 06/15/28 (Call 06/15/24)<sup>(a)</sup> | 35 | 29742 |
| Open Text Corp., 3.88%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 65 | 56495 |
| PTC Inc., 4.00%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 40 | 37275 |
|  |  | 366616 |
| **Telecommunications — 5.8%** |  |  |
| Altice France Holding SA, 6.00%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 80 | 54053 |
| Altice France SA/France, 5.50%, 01/15/28 (Call 09/15/23)<sup>(a)</sup> | 80 | 66408 |
| CommScope Inc., 7.13%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 50 | 39273 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 30 | 22910 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/28 (Call 10/01/23)<sup>(a)</sup> | 55 | 44894 |
| Frontier Communications Holdings LLC, 5.00%, 05/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 05/01/24)<sup>(a)</sup> | 110 | 99765 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/*<br> *Shares* <br> *(000)** | *Value* |
| **Telecommunications (continued)** |  |  |
| Frontier Florida LLC, Series E, 6.86%, 02/01/28 | $25 | $23184 |
| Iliad Holding SASU, 7.00%, 10/15/28 (Call 10/15/24)<sup>(a)</sup> | 65 | 61030 |
| Level 3 Financing Inc., 4.25%, 07/01/28 (Call 07/01/23)<sup>(a)</sup> | 90 | 71301 |
| Lumen Technologies Inc., Series G, 6.88%, 01/15/28<sup>(b)</sup> | 20 | 16419 |
| Sprint Capital Corp., 6.88%, 11/15/28 | 180 | 192955 |
| ViaSat Inc., 6.50%, 07/15/28 (Call 06/17/23)<sup>(a)</sup> | 30 | 24079 |
| Windstream Escrow LLC/Windstream Escrow Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 08/15/28 (Call 08/15/23)<sup>(a)</sup> | 100 | 80893 |
|  |  | 797164 |
| **Transportation — 0.4%** |  |  |
| Cargo Aircraft Management Inc., 4.75%, 02/01/28 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;(Call 02/01/23)<sup>(a)</sup> | 40 | 36189 |
| Danaos Corp., 8.50%, 03/01/28 (Call 03/01/24)<sup>(a)</sup> | 20 | 19326 |
|  |  | 55515 |
| **Trucking & Leasing — 0.5%** |  |  |
| Fortress Transportation and Infrastructure Investors LLC, 5.50%, 05/01/28 (Call 05/01/24)<sup>(a)</sup> | 75 | 66077 |
| **Total Long-Term Investments — 98.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $13,955,548)** |  | 13443827 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 11.1%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.56%<sup>(c)(d)(e)</sup> | 1443 | 1443963 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *<br> Shares <br> (000)* | *Value* |
| **Money Market Funds (continued)** |  |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.18%<sup>(c)(d)</sup> | 80 | $80000 |
| **Total Short-Term Securities — 11.1%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $1,522,993)** |  | 1523963 |
| **Total Investments — 109.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Cost: $15,478,541)** |  | 14967790 |
| **Liabilities in Excess of Other Assets — (9.2)%** |  | (1254750) |
| **Net Assets — 100.0%** |  | $13713040 |

---

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Affiliate of the Fund.

<sup>(d)</sup> Annualized 7-day yield as of period end.

<sup>(e)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at<br> 10/31/22* | *Purchases<br> at Cost* | *Proceeds<br> from Sale* | *Net Realized<br> Gain (Loss)* | *Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | *Value at<br> 01/31/23* | *Shares<br> Held at<br> 01/31/23<br> (000)* | *Income* | *Capital Gain<br> Distributions from<br> Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $1305194 | $137533 <sup>(a)</sup> | $— | $162 | $1074 | $1443963 | 1443 | $2024 <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 120000 |  | (40000)<sup>(a)</sup> |  |  | 80000 | 80 | 977 |  |
|  |  |  |  | $162 | $1074 | $1523963 |  | $3001 | $— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares**<sup>®</sup> **iBonds<sup>®</sup> 2028 Term High Yield and Income ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes | $— | $13443827 | $— | $13443827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1523963 |  |  | 1523963 |
|  | $1523963 | $13443827 | $— | $14967790 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares iBonds 2028 Term High Yield and Income ETF

- **b. EDGAR series identifier (if any):** S000075472

- **c. LEI of Series:** 549300RL2Z2AR3IFXI07

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $16625365.67

**Total Liabilities:** $2912466.10

**Net Assets:** $13712899.57

**Delayed Delivery Securities:** $30000.00

**Cash Not Reported:** $9835.41

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.02000000 | **1-Year:** 0.00000000 | **5-Year:** 79.21000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 4.46000000 | **5-Year:** 5472.86000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234589 | 1.77%                | -0.81%               | 3.79%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-84156.73               | $216024.85                                 |
| Month 2  | $-73429.52               | $-116050.64                                |
| Month 3  | $-26014.43               | $449524.20                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HERENS HOLDCO SARL                             | Herens Holdco Sarl                                                               | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $20525.50     | 0.15%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| INTELLIGENT PACKAGING                          | Intelligent Packaging Ltd Finco Inc / Intelligent Packaging Ltd Co-Issuer LLC    | CUSIP: 45827MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     50000 | PA      | $44593.00     | 0.33%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70161.75     | 0.51%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GCI LLC                                        | GCI LLC                                                                          | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39536.10     | 0.29%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43204.05     | 0.32%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28531.20     | 0.21%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                            | Station Casinos LLC                                                              | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45012.50     | 0.33%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39663.20     | 0.29%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                       | Acuris Finance US Inc / Acuris Finance SARL                                      | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $20418.75     | 0.15%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49848.70     | 0.36%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES                       | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |     35000 | PA      | $29977.85     | 0.22%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27314.70     | 0.20%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                           | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26251.50     | 0.19%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                      | Pike Corp                                                                        | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48549.05     | 0.35%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44475.50     | 0.32%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $58666.20     | 0.43%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    110000 | PA      | $94628.60     | 0.69%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52016.25     | 0.38%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                 | Constellium SE                                                                   | CUSIP: 21039CAA2<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     20000 | PA      | $18927.20     | 0.14%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                       | Masonite International Corp                                                      | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $37515.60     | 0.27%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CARNIVAL HLDGS BM LTD                          | Carnival Holdings Bermuda Ltd                                                    | CUSIP: 14366RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $156568.10    | 1.14%             | 2028-05-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $48989.05     | 0.36%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70437.75     | 0.51%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $168013.80    | 1.23%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM ESCROW LLC                          | Windstream Escrow LLC / Windstream Escrow Finance Corp                           | CUSIP: 97382WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $80893.00     | 0.59%             | 2028-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103673.90    | 0.76%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                       | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24389.50     | 0.18%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59021.40     | 0.43%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                               | TKC Holdings Inc                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $24531.90     | 0.18%             | 2028-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                       | PM General Purchaser LLC                                                         | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $38247.50     | 0.28%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP                        | ASP Unifrax Holdings Inc                                                         | CUSIP: 90473LAA0<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51241.80     | 0.37%             | 2028-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46997.50     | 0.34%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |     90000 | PA      | $76511.70     | 0.56%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                       | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22812.00     | 0.17%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33964.00     | 0.25%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                       | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38621.60     | 0.28%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                       | Northern Oil and Gas Inc                                                         | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54810.80     | 0.40%             | 2028-03-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     55000 | PA      | $46896.85     | 0.34%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                             | Forestar Group Inc                                                               | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21973.00     | 0.16%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AHLSTROM-MUNKSJO HLDG 3                        | Ahlstrom-Munksjo Holding 3 Oy                                                    | CUSIP: 84612JAA0<br>LEI: 743700UEY0YM039XN974 | Long             | DBT              | CORP              | FI        |     20000 | PA      | $17133.60     | 0.12%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156686AM9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16419.40     | 0.12%             | 2028-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30962.75     | 0.23%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31467.45     | 0.23%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd                                | Sands China Ltd                                                                  | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    135000 | PA      | $132875.10    | 0.97%             | 2028-08-08      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31631.25     | 0.23%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NFP CORP                                       | NFP Corp                                                                         | CUSIP: 65342RAE0<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34977.60     | 0.26%             | 2028-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36464.40     | 0.27%             | 2028-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBL4<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $30500.40     | 0.22%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    102000 | PA      | $92330.40     | 0.67%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                           | GrafTech Finance Inc                                                             | CUSIP: 384311AA4<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30404.15     | 0.22%             | 2028-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $42534.50     | 0.31%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     65000 | PA      | $57257.85     | 0.42%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| C&S GROUP ENTERPRISES LL                       | C&S Group Enterprises LLC                                                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $23133.60     | 0.17%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53533.15     | 0.39%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                       | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |     40000 | PA      | $32792.40     | 0.24%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55353.60     | 0.40%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                             | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50297.40     | 0.37%             | 2028-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAGICOR FINANCIAL CO                           | Sagicor Financial Co Ltd                                                         | CUSIP: 78669QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     40000 | PA      | $38923.60     | 0.28%             | 2028-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                                   | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27455.70     | 0.20%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $147630.60    | 1.08%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                          | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31330.25     | 0.23%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                               | Iris Holding Inc                                                                 | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23554.80     | 0.17%             | 2028-12-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                           | Wabash National Corp                                                             | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26398.20     | 0.19%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27319.80     | 0.20%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5065.40      | 0.04%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24078.90     | 0.18%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                           | EnLink Midstream LLC                                                             | CUSIP: 29336TAC4<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39106.80     | 0.29%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                            | Delta Air Lines Inc                                                              | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27889.50     | 0.20%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $78827.30     | 0.57%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HECLA MINING CO                                | Hecla Mining Co                                                                  | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34949.95     | 0.25%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                   | Arconic Corp                                                                     | CUSIP: 03966VAA5<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62647.65     | 0.46%             | 2028-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65020.90     | 0.47%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AKUMIN ESCROW INC                              | Akumin Escrow Inc                                                                | CUSIP: 01021FAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     30000 | PA      | $20404.20     | 0.15%             | 2028-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33588.45     | 0.24%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                                    | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    175000 | PA      | $150855.25    | 1.10%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                                    | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |     35000 | PA      | $31191.65     | 0.23%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAF9<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |     35000 | PA      | $31639.30     | 0.23%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                       | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27435.60     | 0.20%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                       | Endeavor Energy Resources LP / EER Finance Inc                                   | CUSIP: 29260FAE0<br>LEI: 549300WY5QI80P9WHD46 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74079.00     | 0.54%             | 2028-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                            | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                      | CUSIP: 561233AM9<br>LEI: 549300MQQ92LN1A0B514 | Long             | DBT              | CORP              | LU        |     45000 | PA      | $40434.75     | 0.29%             | 2028-12-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $54164.44     | 0.39%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                       | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19003.40     | 0.14%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                              | Post Holdings Inc                                                                | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67615.80     | 0.49%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                               | Altice France SA/France                                                          | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     80000 | PA      | $66408.00     | 0.48%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48311.45     | 0.35%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22910.10     | 0.17%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83118.60     | 0.61%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                            | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51453.60     | 0.38%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| URBAN ONE INC                                  | Urban One Inc                                                                    | CUSIP: 91705JAC9<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |     57000 | PA      | $51466.44     | 0.38%             | 2028-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| VIRGIN MEDIA VEND FIN IV                       | Virgin Media Vendor Financing Notes IV DAC                                       | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |     35000 | PA      | $31759.00     | 0.23%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41598.40     | 0.30%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1435981 | NS      | $1436842.87   | 10.48%            |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     35000 | PA      | $32380.95     | 0.24%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AT HOME GROUP INC                              | At Home Group Inc                                                                | CUSIP: 04650YAA8<br>LEI: 549300LGPR0P05O30I24 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14595.80     | 0.11%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                            | Sprint Capital Corp                                                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    180000 | PA      | $192954.60    | 1.41%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    120000 | PA      | $116251.20    | 0.85%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Fluor Corp                                     | Fluor Corp                                                                       | CUSIP: 343412AF9<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41987.25     | 0.31%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    110000 | PA      | $100540.00    | 0.73%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                       | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37092.40     | 0.27%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| DANAOS CORP                                    | Danaos Corp                                                                      | CUSIP: 23585WAA2<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |     20000 | PA      | $19326.00     | 0.14%             | 2028-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                                   | Cars.com Inc                                                                     | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27842.10     | 0.20%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                          | Nabors Industries Ltd                                                            | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $28588.50     | 0.21%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     57000 | PA      | $51938.97     | 0.38%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ANGI GROUP LLC                                 | ANGI Group LLC                                                                   | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $26831.70     | 0.20%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    130000 | PA      | $101780.90    | 0.74%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $41039.10     | 0.30%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                               | Vital Energy Inc                                                                 | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24900.75     | 0.18%             | 2028-01-15      | Fixed         | 10.13%                | No            |                  2 | On Loan: No      |
| NFP CORP                                       | NFP Corp                                                                         | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |    150000 | PA      | $129883.50    | 0.95%             | 2028-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                          | Uber Technologies Inc                                                            | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39155.60     | 0.29%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28695.60     | 0.21%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 000000000<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20186.40     | 0.15%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48299.00     | 0.35%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| SMYRNA READY MIX CONCRET                       | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |     82000 | PA      | $74642.96     | 0.54%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES                           | Winnebago Industries Inc                                                         | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24102.25     | 0.18%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                                    | CUSIP: 947075AT4<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     35000 | PA      | $34830.25     | 0.25%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                            | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29582.35     | 0.22%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56022.00     | 0.41%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                       | Patterson-UTI Energy Inc                                                         | CUSIP: 703481AB7<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36224.00     | 0.26%             | 2028-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50209.50     | 0.37%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    145000 | PA      | $128894.85    | 0.94%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57046.20     | 0.42%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29490.30     | 0.22%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     65000 | PA      | $61796.80     | 0.45%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42057.90     | 0.31%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| DOMTAR CORP                                    | Domtar Corp                                                                      | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41462.55     | 0.30%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35950.40     | 0.26%             | 2028-09-01      | Fixed         | 4.63%                 | 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        |     35000 | PA      | $32412.45     | 0.24%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UPC Holding BV                                 | UPC Holding BV                                                                   | CUSIP: 90320LAG2<br>LEI: 213800G1DU7LKI6ZCD69 | Long             | DBT              | CORP              | NL        |     30000 | PA      | $27230.40     | 0.20%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                  | CoreLogic Inc                                                                    | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |     55000 | PA      | $43686.50     | 0.32%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER FLORIDA LLC                           | Frontier Florida LLC                                                             | CUSIP: 362333AH9<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23184.00     | 0.17%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33082.00     | 0.24%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48412.50     | 0.35%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| TRI POINTE HOMES INC                           | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23454.75     | 0.17%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     95000 | PA      | $68996.60     | 0.50%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47943.50     | 0.35%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                       | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47010.00     | 0.34%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LSB INDUSTRIES                                 | LSB Industries Inc                                                               | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45053.50     | 0.33%             | 2028-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $28436.10     | 0.21%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSR TR                       | Midcap Financial Issuer Trust                                                    | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $66096.75     | 0.48%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50997.10     | 0.37%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38696.00     | 0.28%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Global Marine Inc                              | Global Marine Inc                                                                | CUSIP: 379352AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $15970.00     | 0.12%             | 2028-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Central Garden & Pet Co                        | Central Garden & Pet Co                                                          | CUSIP: 153527AM8<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23812.50     | 0.17%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| SRS DISTRIBUTION INC                           | SRS Distribution Inc                                                             | CUSIP: 78471RAB2<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45970.00     | 0.34%             | 2028-07-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CVR PARTNERS/CVR NITROGE                       | CVR Partners LP / CVR Nitrogen Finance Corp                                      | CUSIP: 12663QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $36324.00     | 0.26%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32108.30     | 0.23%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57302.40     | 0.42%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                    | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33493.95     | 0.24%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP                          | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $28496.96     | 0.21%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                        | Standard Industries Inc/NJ                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70253.25     | 0.51%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35670.40     | 0.26%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORP                                   | Virtusa Corp                                                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21005.75     | 0.15%             | 2028-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411BE4<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18647.40     | 0.14%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                              | Bristow Group Inc                                                                | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28576.50     | 0.21%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                       | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56542.20     | 0.41%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| BLOCK COMMUNICATIONS INC                       | Block Communications Inc                                                         | CUSIP: 093645AJ8<br>LEI: M5G68A9OHJWIL4SFC742 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21995.00     | 0.16%             | 2028-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                       | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57009.00     | 0.42%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33701.15     | 0.25%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP                         | Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer Inc            | CUSIP: 69527AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31120.95     | 0.23%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                       | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $13706.25     | 0.10%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $99764.50     | 0.73%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |     50000 | PA      | $46261.50     | 0.34%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT                       | Science Applications International Corp                                          | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28115.40     | 0.21%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ATLAS LUXCO 4 / ALL UNI                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     55000 | PA      | $46941.95     | 0.34%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                           | Carpenter Technology Corp                                                        | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29562.90     | 0.22%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40275.00     | 0.29%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $70416.80     | 0.51%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLACK KNIGHT INFOSERV LL                       | Black Knight InfoServ LLC                                                        | CUSIP: 092174AA9<br>LEI: 549300H5PS5C68DAUX66 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66734.25     | 0.49%             | 2028-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56567.40     | 0.41%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55507.20     | 0.40%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                       | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |     55000 | PA      | $41827.50     | 0.31%             | 2028-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61288.50     | 0.45%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29407.50     | 0.21%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                          | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     25000 | PA      | $23888.75     | 0.17%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CLEARWATER PAPER CORP                          | Clearwater Paper Corp                                                            | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17861.00     | 0.13%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                       | Ken Garff Automotive LLC                                                         | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $25829.40     | 0.19%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36776.40     | 0.27%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CTR PARTNERSHIP/CARETRST                       | CTR Partnership LP / CareTrust Capital Corp                                      | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              |  | US        |     30000 | PA      | $26844.60     | 0.20%             | 2028-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     65000 | PA      | $61030.45     | 0.45%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                                   | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     40000 | PA      | $34871.60     | 0.25%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $48822.40     | 0.36%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MURPHY OIL CORP                                | Murphy Oil Corp                                                                  | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36738.78     | 0.27%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CARGO AIRCRAFT MANAGEMEN                       | Cargo Aircraft Management Inc                                                    | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36188.80     | 0.26%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AW2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     35000 | PA      | $27593.30     | 0.20%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23723.75     | 0.17%             | 2028-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC/ FINAN                       | Weekley Homes LLC / Weekley Finance Corp                                         | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26100.60     | 0.19%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62299.50     | 0.45%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $73819.65     | 0.54%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AHEAD DB HOLDINGS LLC                          | Ahead DB Holdings LLC                                                            | CUSIP: 00867FAA6<br>LEI: 254900L07WFL833JX193 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25362.60     | 0.18%             | 2028-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| KBR INC                                        | KBR Inc                                                                          | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13599.60     | 0.10%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63003.00     | 0.46%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FIN LTD                       | Transocean Titan Financing Ltd                                                   | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     15000 | PA      | $15566.25     | 0.11%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114902.25    | 0.84%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TITAN INTERNATIONAL INC                        | Titan International Inc                                                          | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28734.60     | 0.21%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41776.65     | 0.30%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING/GPC CAP                       | Graham Packaging Co Inc                                                          | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35138.40     | 0.26%             | 2028-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                       | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16068.20     | 0.12%             | 2028-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $62498.80     | 0.46%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| H&E EQUIPMENT SERVICES                         | H&E Equipment Services Inc                                                       | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |     95000 | PA      | $83786.20     | 0.61%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37067.20     | 0.27%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                   | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36948.40     | 0.27%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66077.25     | 0.48%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28341.00     | 0.21%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37804.80     | 0.28%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU                       | Installed Building Products Inc                                                  | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18434.00     | 0.13%             | 2028-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29946.00     | 0.22%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| GRIFOLS ESCROW ISSUER                          | Grifols Escrow Issuer SA                                                         | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |     50000 | PA      | $43474.00     | 0.32%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR BROADCASTING INC                       | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |     75000 | PA      | $67525.50     | 0.49%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $30947.70     | 0.23%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                       | Altice France Holding SA                                                         | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |     80000 | PA      | $54052.80     | 0.39%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    180000 | PA      | $167635.80    | 1.22%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| CONSENSUS CLOUD SOLUTION                       | Consensus Cloud Solutions Inc                                                    | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $32781.70     | 0.24%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27153.30     | 0.20%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     35000 | PA      | $28444.50     | 0.21%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WARRIOR MET COAL INC                           | Warrior Met Coal Inc                                                             | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24639.75     | 0.18%             | 2028-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |     52000 | PA      | $44132.92     | 0.32%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: —       |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58834.30     | 0.43%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44033.00     | 0.32%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Aramark Services Inc                           | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |     85000 | PA      | $80190.70     | 0.58%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $56494.75     | 0.41%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                       | Holly Energy Partners LP / Holly Energy Finance Corp                             | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37246.80     | 0.27%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                       | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $64054.50     | 0.47%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP/R                        | Railworks Holdings LP / Railworks Rally Inc                                      | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23190.75     | 0.17%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45102.75     | 0.33%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR HOLDCO GMBH                        | TK Elevator Holdco GmbH                                                          | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |     30000 | PA      | $26649.00     | 0.19%             | 2028-07-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97708.45     | 0.71%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $136117.50    | 0.99%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                           | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     30000 | PA      | $27953.40     | 0.20%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CALLON PETROLEUM                               | Callon Petroleum Co                                                              | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49956.00     | 0.36%             | 2028-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |     60000 | PA      | $53060.40     | 0.39%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37884.60     | 0.28%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     55000 | PA      | $50764.45     | 0.37%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $50325.80     | 0.37%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $77626.80     | 0.57%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                       | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41414.85     | 0.30%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                        | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AC5<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     30000 | PA      | $30058.20     | 0.22%             | 2028-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                          | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50152.30     | 0.37%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                          | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19162.25     | 0.14%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                       | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54030.35     | 0.39%             | 2028-08-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: —       |
| ASGN INCORPORATED                              | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36599.60     | 0.27%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ATS CORP                                       | ATS Corp                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $22410.25     | 0.16%             | 2028-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NECESS RETAIL/AFIN OP LP                       | Necessity Retail REIT Inc/The / American Finance Operating Partner LP            | CUSIP: 02608AAA7<br>LEI: N/A                  | Long             | DBT              |  | US        |     35000 | PA      | $26877.90     | 0.20%             | 2028-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                       | Scientific Games International Inc                                               | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54541.85     | 0.40%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     45000 | PA      | $39482.55     | 0.29%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $90087.55     | 0.66%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B51<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47448.50     | 0.35%             | 2028-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $31974.60     | 0.23%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MICROSTRATEGY INC                              | MicroStrategy Inc                                                                | CUSIP: 594972AF8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29742.30     | 0.22%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                  | M/I Homes Inc                                                                    | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27701.40     | 0.20%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                                 | VOC Escrow Ltd                                                                   | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     50000 | PA      | $44003.50     | 0.32%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION                       | Adtalem Global Education Inc                                                     | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |     31000 | PA      | $28882.08     | 0.21%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                           | MGIC Investment Corp                                                             | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47115.50     | 0.34%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22344.00     | 0.16%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                       | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48778.60     | 0.36%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26221.75     | 0.19%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $50688.00     | 0.37%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     80000 | PA      | $58443.20     | 0.43%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| ATLANTICA SUSTAIN INFRA                        | Atlantica Sustainable Infrastructure PLC                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $22274.50     | 0.16%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                           | Oceaneering International Inc                                                    | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24070.75     | 0.18%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                 | HB Fuller Co                                                                     | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22134.75     | 0.16%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $52213.70     | 0.38%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                              | GEO Group Inc/The                                                                | CUSIP: 36162JAC0<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20523.00     | 0.15%             | 2028-06-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| INNOPHOS HOLDINGS INC                          | Innophos Holdings Inc                                                            | CUSIP: 45774NAB4<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19739.40     | 0.14%             | 2028-02-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     90000 | PA      | $71300.70     | 0.52%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                           | BWX Technologies Inc                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27202.20     | 0.20%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56769.90     | 0.41%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PRESIDIO HOLDING INC                           | Presidio Holdings Inc                                                            | CUSIP: 74101XAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $38458.80     | 0.28%             | 2028-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| SEG HLD LLC/SEG FIN CORP                       | SEG Holding LLC / SEG Finance Corp                                               | CUSIP: 78397KAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23796.50     | 0.17%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                        | Booz Allen Hamilton Inc                                                          | CUSIP: 09951LAA1<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45158.00     | 0.33%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERFACE INC                                  | Interface Inc                                                                    | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16800.40     | 0.12%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28350.00     | 0.21%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CHENIERE ENERGY INC                            | Cheniere Energy Inc                                                              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    145000 | PA      | $138189.35    | 1.01%             | 2028-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     30000 | PA      | $22864.50     | 0.17%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                  | CommScope Inc                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39273.00     | 0.29%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION                            | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71011.50     | 0.52%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                    | Netflix Inc                                                                      | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    140000 | PA      | $145761.00    | 1.06%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                             | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAA7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27035.40     | 0.20%             | 2028-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| WILLIAMS SCOTSMAN INTL                         | Williams Scotsman International Inc                                              | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37072.40     | 0.27%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NORTHWEST FIBER LLC/NORT                       | Northwest Fiber LLC / Northwest Fiber Finance Sub Inc                            | CUSIP: 667449AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16518.80     | 0.12%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                            | White Cap Buyer LLC                                                              | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $41205.60     | 0.30%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $63876.00     | 0.47%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50158.20     | 0.37%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24265.75     | 0.18%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: —       |
| FULL HOUSE RESORTS INC                         | Full House Resorts Inc                                                           | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27896.10     | 0.20%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     55000 | PA      | $44894.30     | 0.33%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CENTURY ALUMINUM COMPANY                       | Century Aluminum Co                                                              | CUSIP: 156431AN8<br>LEI: 549300U5ODNGEYWKSW73 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13353.75     | 0.10%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                  | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35190.40     | 0.26%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37274.80     | 0.27%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |     80000 | NS      | $80000.00     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| DELEK LOG PART/FINANCE                         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27608.10     | 0.20%             | 2028-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                       | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27468.30     | 0.20%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AG ISSUER LLC                                  | AG Issuer LLC                                                                    | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37800.40     | 0.28%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                       | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45881.00     | 0.33%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer