# EDGAR Filing Document

**Accession Number:** 0000872649
**File Stem:** 0001752724-23-046230
**Filing Date:** 2023-2
**Character Count:** 184235
**Document Hash:** 358775e80165ee385fd7db4261e62b86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046230.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046230

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **CENTRAL INDEX KEY:** 0000872649
- **IRS NUMBER:** 043113285
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06241
- **FILM NUMBER:** 23682108

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-449-2810

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **DATE OF NAME CHANGE:** 20031119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS
- **DATE OF NAME CHANGE:** 20031015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **DATE OF NAME CHANGE:** 20030718

## Series and Classes Contracts Data

### Loomis Sayles Credit Income Fund (Series ID: S000069661)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000222162 | Class Y      |  |
| C000222163 | Class A      |  |
| C000222164 | Class C      |  |
| C000222165 | Class N      |  |

## Nport-Ex

**PORTFOLIO OF INVESTMENTS – as of December 31, 2022 (Unaudited)** 

**Loomis Sayles Credit Income Fund** 

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – 91.7% of Net Assets** | **Bonds and Notes – 91.7% of Net Assets** |  |
| **Non-Convertible Bonds – 86.7%** | **Non-Convertible Bonds – 86.7%** |  |
|  | **Aerospace & Defense – 2.4%** | **Aerospace & Defense – 2.4%** |
| $20000 | Boeing Co. (The), <br>2.250%, 6/15/2026 | $18004 |
| 20000 | Boeing Co. (The), <br>2.950%, 2/01/2030 | 16938 |
| 10000 | Boeing Co. (The), <br>3.200%, 3/01/2029 | 8769 |
| 5000 | Boeing Co. (The), <br>3.250%, 2/01/2035 | 3802 |
| 5000 | Boeing Co. (The), <br>3.375%, 6/15/2046 | 3244 |
| 5000 | Boeing Co. (The), <br>3.500%, 3/01/2039 | 3603 |
| 15000 | Boeing Co. (The), <br>3.550%, 3/01/2038 | 11051 |
| 220000 | Boeing Co. (The), <br>3.625%, 2/01/2031 | 192757 |
| 5000 | Boeing Co. (The), <br>3.625%, 3/01/2048 | 3271 |
| 35000 | Boeing Co. (The), <br>3.750%, 2/01/2050 | 24126 |
| 15000 | Boeing Co. (The), <br>3.825%, 3/01/2059 | 9590 |
| 10000 | Boeing Co. (The), <br>3.850%, 11/01/2048 | 6864 |
| 15000 | Boeing Co. (The), <br>3.900%, 5/01/2049 | 10532 |
| 45000 | Boeing Co. (The), <br>5.150%, 5/01/2030 | 43904 |
| 20000 | Huntington Ingalls Industries, Inc., <br>4.200%, 5/01/2030 | 18153 |
| &nbsp;&nbsp;&nbsp;&nbsp;125000 | Textron, Inc., <br>3.000%, 6/01/2030 | 106228 |
| 20000 | TransDigm, Inc., <br>6.250%, 3/15/2026, 144A | 19724 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500560 |
|  | **Airlines – 0.3%** | **Airlines – 0.3%** |
| 68534 | American Airlines Pass Through Trust, Series 2016-3, Class A, <br>3.250%, 4/15/2030 | 53172 |
| 11430 | United Airlines Pass Through Trust, Series 2020-1, Class B, <br>4.875%, 7/15/2027 | 10760 |
|  |  | 63932 |
|  | **Automotive – 1.2%** | **Automotive – 1.2%** |
| 60000 | Allison Transmission, Inc., <br>3.750%, 1/30/2031, 144A | 49350 |
| 15000 | Ford Motor Co., <br>3.250%, 2/12/2032 | 11249 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Automotive – continued** | **Automotive – continued** | **Automotive – continued** |
| $170000 | General Motors Co., <br>5.200%, 4/01/2045 | $| 138171 |
| 40000 | General Motors Co., <br>6.250%, 10/02/2043 |  | 36981 |
| 5000 | General Motors Financial Co., Inc., Series C, (fixed rate to 9/30/2030, variable rate thereafter), <br>5.700%(a) |  | 4232 |
|  |  |  | 239983 |
|  | **Banking – 12.0%** | **Banking – 12.0%** | **Banking – 12.0%** |
| 40000 | Ally Financial, Inc., <br>2.200%, 11/02/2028 |  | 31187 |
| 65000 | Ally Financial, Inc., Series B, (fixed rate to 5/15/2026, variable rate thereafter), <br>4.700%(a) |  | 43469 |
| 50000 | Ally Financial, Inc., Series C, (fixed rate to 5/15/2028, variable rate thereafter), <br>4.700%(a) |  | 31313 |
| 40000 | American Express Co., <br>5.850%, 11/05/2027 |  | 41641 |
| 270000 | Bank of America Corp., MTN, <br>4.250%, 10/22/2026 |  | 260806 |
| 200000 | Barclays PLC, (fixed rate to 9/23/2030, variable rate thereafter), <br>3.564%, 9/23/2035 |  | 152189 |
| &nbsp;&nbsp;&nbsp;&nbsp;215000 | Citigroup, Inc., <br>4.450%, 9/29/2027 |  | 204983 |
| 250000 | Credit Agricole S.A., (fixed rate to 1/10/2028, variable rate thereafter), <br>4.000%, 1/10/2033, 144A |  | 217820 |
| 250000 | Credit Suisse Group AG, (fixed rate to 8/12/2032, variable rate thereafter), <br>6.537%, 8/12/2033, 144A |  | 219620 |
| 150000 | Deutsche Bank AG, (fixed rate to 9/18/2030, variable rate thereafter), <br>3.547%, 9/18/2031 |  | 120253 |
| 120000 | Goldman Sachs Group, Inc. (The), (fixed rate to 1/24/2024, variable rate thereafter), <br>1.757%, 1/24/2025 |  | 114858 |
| 390000 | Morgan Stanley, <br>3.625%, 1/20/2027 |  | 367776 |
| 80000 | Morgan Stanley, (fixed rate to 1/21/2027, variable rate thereafter), <br>2.475%, 1/21/2028 |  | 71084 |
| 200000 | NatWest Group PLC, (fixed rate to 6/14/2026, variable rate thereafter), <br>1.642%, 6/14/2027 |  | 173092 |
| 115000 | Santander Holdings USA, Inc., <br>3.244%, 10/05/2026 |  | 106728 |
| 200000 | Societe Generale S.A., (fixed rate to 7/08/2030, variable rate thereafter), <br>3.653%, 7/08/2035, 144A |  | 157020 |
| 200000 | Standard Chartered PLC, (fixed rate to 4/01/2030, variable rate thereafter), <br>4.644%, 4/01/2031, 144A |  | 179727 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;2493566 |
|  | **Brokerage – 0.9%** | **Brokerage – 0.9%** | **Brokerage – 0.9%** |
| 15000 | Jefferies Financial Group, Inc., <br>6.250%, 1/15/2036 |  | 15128 |
| 180000 | Jefferies Financial Group, Inc., <br>6.500%, 1/20/2043 |  | 175365 |
|  |  |  | 190493 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Cable Satellite – 5.2%** | **Cable Satellite – 5.2%** |
| $125000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.250%, 2/01/2031, 144A | $100360 |
| 120000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.500%, 8/15/2030, 144A | 99139 |
| 35000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.750%, 2/01/2032, 144A | 28374 |
| 25000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>5.125%, 5/01/2027, 144A | 23302 |
| 10000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>5.500%, 5/01/2026, 144A | 9681 |
| 5000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>2.300%, 2/01/2032 | 3683 |
| 20000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>2.800%, 4/01/2031 | 15570 |
| 90000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>3.950%, 6/30/2062 | 53091 |
| 5000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>4.400%, 4/01/2033 | 4278 |
| 150000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>4.800%, 3/01/2050 | 108892 |
| &nbsp;&nbsp;&nbsp;&nbsp;200000 | CSC Holdings LLC, <br>4.625%, 12/01/2030, 144A | 110527 |
| 200000 | CSC Holdings LLC, <br>5.000%, 11/15/2031, 144A | 111740 |
| 15000 | DIRECTV Financing LLC/DIRECTV Financing Co-Obligor, Inc., <br>5.875%, 8/15/2027, 144A | 13420 |
| 155000 | DISH DBS Corp., <br>5.125%, 6/01/2029 | 99992 |
| 175000 | DISH DBS Corp., <br>5.250%, 12/01/2026, 144A | 147409 |
| 200000 | Time Warner Cable LLC, <br>4.500%, 9/15/2042 | 146421 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1075879 |
|  | **Chemicals – 1.5%** | **Chemicals – 1.5%** |
| 15000 | Celanese U.S. Holdings LLC, <br>6.330%, 7/15/2029 | 14575 |
| 10000 | Celanese U.S. Holdings LLC, <br>6.379%, 7/15/2032 | 9509 |
| 70000 | CF Industries, Inc., <br>4.500%, 12/01/2026, 144A | 67754 |
| 15000 | FMC Corp., <br>3.450%, 10/01/2029 | 13221 |
| 60000 | Hercules LLC, <br>6.500%, 6/30/2029 | 57022 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Chemicals – continued** | **Chemicals – continued** | **Chemicals – continued** |
| $200000 | Orbia Advance Corp. SAB de CV, <br>2.875%, 5/11/2031, 144A | $| 157016 |
|  |  |  | 319097 |
|  | **Construction Machinery – 0.7%** | **Construction Machinery – 0.7%** | **Construction Machinery – 0.7%** |
| 90000 | Caterpillar Financial Services Corp., MTN, <br>0.950%, 1/10/2024 |  | 86820 |
| 20000 | John Deere Capital Corp., MTN, <br>0.900%, 1/10/2024 |  | 19257 |
| 35000 | John Deere Capital Corp., MTN, <br>1.250%, 1/10/2025 |  | 32736 |
|  |  |  | 138813 |
|  | **Consumer Cyclical Services – 2.5%** | **Consumer Cyclical Services – 2.5%** | **Consumer Cyclical Services – 2.5%** |
| 10000 | Expedia Group, Inc., <br>2.950%, 3/15/2031 |  | 8041 |
| 195000 | Expedia Group, Inc., <br>3.250%, 2/15/2030 |  | 165418 |
| 50000 | Go Daddy Operating Co. LLC/GD Finance Co., Inc., <br>3.500%, 3/01/2029, 144A |  | 41860 |
| &nbsp;&nbsp;&nbsp;&nbsp;325000 | Uber Technologies, Inc., <br>4.500%, 8/15/2029, 144A |  | 283158 |
| 25000 | Uber Technologies, Inc., <br>7.500%, 9/15/2027, 144A |  | 25017 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523494 |
|  | **Electric – 0.7%** | **Electric – 0.7%** | **Electric – 0.7%** |
| 15000 | AES Corp. (The), <br>2.450%, 1/15/2031 |  | 11933 |
| 5000 | AES Corp. (The), <br>3.950%, 7/15/2030, 144A |  | 4410 |
| 60000 | Calpine Corp., <br>3.750%, 3/01/2031, 144A |  | 48309 |
| 20000 | IPALCO Enterprises, Inc., <br>4.250%, 5/01/2030 |  | 17768 |
| 35000 | NRG Energy, Inc., <br>4.450%, 6/15/2029, 144A |  | 30952 |
| 15000 | Pacific Gas & Electric Co., <br>5.450%, 6/15/2027 |  | 14792 |
| 20000 | Vistra Operations Co. LLC, <br>3.700%, 1/30/2027, 144A |  | 18236 |
|  |  |  | 146400 |
|  | **Finance Companies – 7.1%** | **Finance Companies – 7.1%** | **Finance Companies – 7.1%** |
| 150000 | AerCap Ireland Capital DAC/AerCap Global Aviation Trust, <br>3.875%, 1/23/2028 |  | 134902 |
| &nbsp;&nbsp;&nbsp;&nbsp;105000 | Air Lease Corp., <br>3.125%, 12/01/2030 |  | 87013 |
| 205000 | Air Lease Corp., MTN, <br>3.000%, 2/01/2030 |  | 170964 |
| 40000 | Air Lease Corp., Series B, (fixed rate to 6/15/2026, variable rate thereafter), <br>4.650%(a) |  | 33429 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Finance Companies – continued** | **Finance Companies – continued** | **Finance Companies – continued** |
| $125000 | Aircastle Ltd., <br>4.125%, 5/01/2024 | $| 120831 |
| 15000 | Aircastle Ltd., Series A (fixed rate to 6/15/2026, variable rate thereafter), <br>5.250%, 144A(a) |  | 11550 |
| 40000 | Ares Capital Corp., <br>2.875%, 6/15/2028 |  | 32073 |
| 60000 | Ares Capital Corp., <br>3.200%, 11/15/2031 |  | 44031 |
| 35000 | Aviation Capital Group LLC, <br>1.950%, 1/30/2026, 144A |  | 30470 |
| 30000 | Barings BDC, Inc., <br>3.300%, 11/23/2026 |  | 25427 |
| 115000 | Blackstone Secured Lending Fund, <br>2.125%, 2/15/2027 |  | 95222 |
| 40000 | FS KKR Capital Corp., <br>3.125%, 10/12/2028 |  | 32247 |
| 35000 | FS KKR Capital Corp., <br>3.400%, 1/15/2026 |  | 31036 |
| 75000 | Hercules Capital, Inc., <br>3.375%, 1/20/2027 |  | 64300 |
| 60000 | Navient Corp., <br>5.000%, 3/15/2027 |  | 52525 |
| 30000 | Oaktree Specialty Lending Corp., <br>2.700%, 1/15/2027 |  | 25474 |
| 10000 | OneMain Finance Corp., <br>7.125%, 3/15/2026 |  | 9509 |
| 50000 | Owl Rock Capital Corp., <br>2.625%, 1/15/2027 |  | 41247 |
| 50000 | Owl Rock Capital Corp., <br>2.875%, 6/11/2028 |  | 39259 |
| 60000 | Owl Rock Technology Finance Corp., <br>2.500%, 1/15/2027 |  | 48911 |
| &nbsp;&nbsp;&nbsp;&nbsp;140000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>2.875%, 10/15/2026, 144A |  | 120003 |
| 75000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>3.625%, 3/01/2029, 144A |  | 59433 |
| 160000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>3.875%, 3/01/2031, 144A |  | 122124 |
| 60000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>4.000%, 10/15/2033, 144A |  | 44812 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1476792 |
|  | **Financial Other – 0.9%** | **Financial Other – 0.9%** | **Financial Other – 0.9%** |
| 30000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>4.375%, 2/01/2029 |  | 25370 |
| 115000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>5.250%, 5/15/2027 |  | 105294 |
| 35000 | Nationstar Mortgage Holdings, Inc., <br>5.750%, 11/15/2031, 144A |  | 27212 |
| 200000 | Times China Holdings Ltd., <br>6.200%, 3/22/2026 |  | 32422 |
|  |  |  | 190298 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Food & Beverage – 1.5%** | **Food & Beverage – 1.5%** |
| $30000 | Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, <br>5.250%, 4/27/2029, 144A | $27967 |
| 5000 | Darling Ingredients, Inc., <br>6.000%, 6/15/2030, 144A | 4887 |
| 20000 | JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., <br>3.000%, 2/02/2029, 144A | 16553 |
| 10000 | Pilgrim's Pride Corp., <br>3.500%, 3/01/2032, 144A | 7817 |
| 10000 | Pilgrim's Pride Corp., <br>4.250%, 4/15/2031, 144A | 8505 |
| 50000 | Pilgrim's Pride Corp., <br>5.875%, 9/30/2027, 144A | 48499 |
| 60000 | Post Holdings, Inc., <br>4.625%, 4/15/2030, 144A | 51764 |
| &nbsp;&nbsp;&nbsp;&nbsp;190000 | Smithfield Foods, Inc., <br>3.000%, 10/15/2030, 144A | 144665 |
|  |  | 310657 |
|  | **Gaming – 0.9%** | **Gaming – 0.9%** |
| 20000 | GLP Capital LP/GLP Financing II, Inc., <br>3.250%, 1/15/2032 | 15988 |
| 55000 | Scientific Games International, Inc., <br>7.000%, 5/15/2028, 144A | 52465 |
| 5000 | Scientific Games International, Inc., <br>7.250%, 11/15/2029, 144A | 4800 |
| 85000 | VICI Properties LP/VICI Note Co., Inc., <br>3.875%, 2/15/2029, 144A | 74497 |
| 20000 | VICI Properties LP/VICI Note Co., Inc., <br>4.250%, 12/01/2026, 144A | 18658 |
| 5000 | VICI Properties LP/VICI Note Co., Inc., <br>4.500%, 9/01/2026, 144A | 4705 |
| 5000 | VICI Properties LP/VICI Note Co., Inc., <br>4.625%, 6/15/2025, 144A | 4794 |
| 10000 | VICI Properties LP/VICI Note Co., Inc., <br>5.625%, 5/01/2024, 144A | 9903 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185810 |
|  | **Government Owned – No Guarantee – 0.1%** | **Government Owned – No Guarantee – 0.1%** |
| 25000 | EcoPetrol S.A., <br>4.625%, 11/02/2031 | 19096 |
|  | **Health Insurance – 0.7%** | **Health Insurance – 0.7%** |
| 90000 | Centene Corp., <br>2.500%, 3/01/2031 | 70423 |
| 35000 | Centene Corp., <br>2.625%, 8/01/2031 | 27503 |
| 20000 | Centene Corp., <br>3.000%, 10/15/2030 | 16395 |
| 5000 | Centene Corp., <br>4.625%, 12/15/2029 | 4569 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Health Insurance – continued** | **Health Insurance – continued** | **Health Insurance – continued** |
| $25000 | Molina Healthcare, Inc., <br>3.875%, 5/15/2032, 144A | $| 20761 |
|  |  |  | 139651 |
|  | **Healthcare – 1.7%** | **Healthcare – 1.7%** | **Healthcare – 1.7%** |
| 15000 | Catalent Pharma Solutions, Inc., <br>3.125%, 2/15/2029, 144A |  | 11943 |
| 75000 | Cigna Corp., <br>4.375%, 10/15/2028 |  | 72333 |
| 86781 | CVS Pass-Through Trust, Series 2014, <br>4.163%, 8/11/2036, 144A |  | 77084 |
| 5000 | Encompass Health Corp., <br>4.750%, 2/01/2030 |  | 4391 |
| &nbsp;&nbsp;&nbsp;&nbsp;165000 | HCA, Inc., <br>4.125%, 6/15/2029 |  | 150627 |
| 25000 | Tenet Healthcare Corp., <br>4.625%, 6/15/2028, 144A |  | 22368 |
| 10000 | Tenet Healthcare Corp., <br>6.125%, 10/01/2028, 144A |  | 8953 |
|  |  |  | 347699 |
|  | **Home Construction – 0.5%** | **Home Construction – 0.5%** | **Home Construction – 0.5%** |
| 75000 | MDC Holdings, Inc., <br>3.966%, 8/06/2061 |  | 41913 |
| 70000 | PulteGroup, Inc., <br>6.000%, 2/15/2035 |  | 66931 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108844 |
|  | **Independent Energy – 3.0%** | **Independent Energy – 3.0%** | **Independent Energy – 3.0%** |
| 150000 | Aker BP ASA, <br>4.000%, 1/15/2031, 144A |  | 131460 |
| 113000 | Continental Resources, Inc., <br>2.875%, 4/01/2032, 144A |  | 83698 |
| 100000 | Continental Resources, Inc., <br>5.750%, 1/15/2031, 144A |  | 93086 |
| 20000 | Diamondback Energy, Inc., <br>3.125%, 3/24/2031 |  | 16561 |
| 25000 | Energean Israel Finance Ltd., <br>5.375%, 3/30/2028, 144A |  | 22375 |
| 40000 | Energean Israel Finance Ltd., <br>5.875%, 3/30/2031, 144A |  | 34850 |
| 10000 | EQT Corp., <br>3.125%, 5/15/2026, 144A |  | 9190 |
| 30000 | EQT Corp., <br>3.625%, 5/15/2031, 144A |  | 25423 |
| 45000 | EQT Corp., <br>3.900%, 10/01/2027 |  | 41542 |
| 10000 | EQT Corp., <br>5.000%, 1/15/2029 |  | 9388 |
| 10000 | EQT Corp., <br>5.700%, 4/01/2028 |  | 9946 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Independent Energy – continued** | **Independent Energy – continued** | **Independent Energy – continued** |
| $30000 | Occidental Petroleum Corp., <br>5.550%, 3/15/2026 | $| 29888 |
| 5000 | Occidental Petroleum Corp., <br>8.875%, 7/15/2030 |  | 5645 |
| 45000 | Ovintiv Exploration, Inc., <br>5.375%, 1/01/2026 |  | 44551 |
| 50000 | Ovintiv, Inc., <br>6.500%, 8/15/2034 |  | 50312 |
| 5000 | Southwestern Energy Co., <br>4.750%, 2/01/2032 |  | 4273 |
|  |  |  | 612188 |
|  | **Industrial Other – 0.1%** | **Industrial Other – 0.1%** | **Industrial Other – 0.1%** |
| 20000 | TopBuild Corp., <br>4.125%, 2/15/2032, 144A |  | 16252 |
|  | **Leisure – 0.7%** | **Leisure – 0.7%** | **Leisure – 0.7%** |
| 40000 | Carnival Corp., <br>5.750%, 3/01/2027, 144A |  | 28562 |
| 30000 | Carnival Corp., <br>6.000%, 5/01/2029, 144A |  | 19991 |
| 30000 | NCL Corp. Ltd., <br>5.875%, 3/15/2026, 144A |  | 23564 |
| 25000 | NCL Corp. Ltd., <br>5.875%, 2/15/2027, 144A |  | 21639 |
| 10000 | NCL Finance Ltd., <br>6.125%, 3/15/2028, 144A |  | 7382 |
| 60000 | Royal Caribbean Cruises Ltd., <br>5.500%, 4/01/2028, 144A |  | 47883 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149021 |
|  | **Life Insurance – 1.1%** | **Life Insurance – 1.1%** | **Life Insurance – 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | Athene Global Funding, <br>1.608%, 6/29/2026, 144A |  | 43128 |
| 55000 | Athene Global Funding, <br>1.716%, 1/07/2025, 144A |  | 50744 |
| 95000 | Athene Global Funding, <br>2.550%, 11/19/2030, 144A |  | 73424 |
| 30000 | Athene Holding Ltd., <br>3.500%, 1/15/2031 |  | 24633 |
| 30000 | CNO Financial Group, Inc., <br>5.250%, 5/30/2029 |  | 28527 |
|  |  |  | 220456 |
|  | **Lodging – 1.3%** | **Lodging – 1.3%** | **Lodging – 1.3%** |
| 60000 | Hilton Domestic Operating Co., Inc., <br>3.625%, 2/15/2032, 144A |  | 48048 |
| 40000 | Hilton Domestic Operating Co., Inc., <br>4.000%, 5/01/2031, 144A |  | 33690 |
| 10000 | Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, <br>4.875%, 7/01/2031, 144A |  | 8162 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Lodging – continued** | **Lodging – continued** | **Lodging – continued** |
| $25000 | Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, <br>5.000%, 6/01/2029, 144A | $| 21500 |
| 5000 | Hyatt Hotels Corp., <br>5.625%, 4/23/2025 |  | 4961 |
| 3000 | Marriott International, Inc., Series EE, <br>5.750%, 5/01/2025 |  | 3026 |
| 25000 | Marriott International, Inc., Series FF, <br>4.625%, 6/15/2030 |  | 23328 |
| 20000 | Marriott International, Inc., Series HH, <br>2.850%, 4/15/2031 |  | 16196 |
| 20000 | Marriott Ownership Resorts, Inc., <br>4.500%, 6/15/2029, 144A |  | 16592 |
| 45000 | Travel & Leisure Co., <br>4.500%, 12/01/2029, 144A |  | 36667 |
| 75000 | Travel & Leisure Co., <br>4.625%, 3/01/2030, 144A |  | 62195 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274365 |
|  | **Media Entertainment – 1.8%** | **Media Entertainment – 1.8%** | **Media Entertainment – 1.8%** |
| 85000 | iHeartCommunications, Inc., <br>4.750%, 1/15/2028, 144A |  | 69219 |
| 75000 | iHeartCommunications, Inc., <br>5.250%, 8/15/2027, 144A |  | 63531 |
| 20000 | iHeartCommunications, Inc., <br>8.375%, 5/01/2027 |  | 17008 |
| 10000 | Netflix, Inc., <br>4.875%, 4/15/2028 |  | 9656 |
| &nbsp;&nbsp;&nbsp;&nbsp;135000 | Netflix, Inc., <br>4.875%, 6/15/2030, 144A |  | 125901 |
| 5000 | Netflix, Inc., <br>5.375%, 11/15/2029, 144A |  | 4850 |
| 5000 | Netflix, Inc., <br>5.875%, 11/15/2028 |  | 5068 |
| 15000 | Netflix, Inc., <br>6.375%, 5/15/2029 |  | 15439 |
| 15000 | Warnermedia Holdings, Inc., <br>4.054%, 3/15/2029, 144A |  | 13001 |
| 60000 | Warnermedia Holdings, Inc., <br>4.279%, 3/15/2032, 144A |  | 49471 |
|  |  |  | 373144 |
|  | **Metals & Mining – 3.6%** | **Metals & Mining – 3.6%** | **Metals & Mining – 3.6%** |
| 200000 | Anglo American Capital PLC, <br>4.500%, 3/15/2028, 144A |  | 189154 |
| 35000 | ArcelorMittal S.A., <br>7.000%, 10/15/2039 |  | 35519 |
| 25000 | ATI, Inc., <br>5.875%, 12/01/2027 |  | 23907 |
| 200000 | First Quantum Minerals Ltd., <br>6.875%, 10/15/2027, 144A |  | 187645 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Metals & Mining – continued** | **Metals & Mining – continued** | **Metals & Mining – continued** |
| $45000 | FMG Resources August 2006 Pty Ltd., <br>4.375%, 4/01/2031, 144A | $| 37426 |
| 15000 | Freeport-McMoRan, Inc., <br>4.250%, 3/01/2030 |  | 13619 |
| 35000 | Freeport-McMoRan, Inc., <br>4.625%, 8/01/2030 |  | 32599 |
| 40000 | Freeport-McMoRan, Inc., <br>5.400%, 11/14/2034 |  | 37775 |
| &nbsp;&nbsp;&nbsp;&nbsp;135000 | Glencore Funding LLC, <br>3.875%, 10/27/2027, 144A |  | 126274 |
| 20000 | Glencore Funding LLC, <br>4.000%, 3/27/2027, 144A |  | 18874 |
| 35000 | Novelis Corp., <br>4.750%, 1/30/2030, 144A |  | 31030 |
| 10000 | Volcan Cia Minera SAA, <br>4.375%, 2/11/2026, 144A |  | 8615 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742437 |
|  | **Midstream – 2.2%** | **Midstream – 2.2%** | **Midstream – 2.2%** |
| 55000 | DCP Midstream Operating LP, <br>3.250%, 2/15/2032 |  | 45492 |
| 10000 | DCP Midstream Operating LP, <br>5.125%, 5/15/2029 |  | 9637 |
| 55000 | Energy Transfer LP, <br>4.000%, 10/01/2027 |  | 51330 |
| 35000 | Energy Transfer LP, <br>5.750%, 2/15/2033 |  | 34243 |
| 30000 | EnLink Midstream Partners LP, <br>5.450%, 6/01/2047 |  | 24097 |
| 35000 | EQM Midstream Partners LP, <br>5.500%, 7/15/2028 |  | 31296 |
| 15000 | Hess Midstream Operations LP, <br>4.250%, 2/15/2030, 144A |  | 12824 |
| 15000 | Hess Midstream Operations LP, <br>5.625%, 2/15/2026, 144A |  | 14611 |
| 80000 | NGPL PipeCo LLC, <br>4.875%, 8/15/2027, 144A |  | 75980 |
| 15000 | Plains All American Pipeline LP/PAA Finance Corp., <br>3.800%, 9/15/2030 |  | 13036 |
| 25000 | Plains All American Pipeline LP/PAA Finance Corp., <br>4.300%, 1/31/2043 |  | 18125 |
| 15000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., <br>4.000%, 1/15/2032 |  | 12610 |
| 5000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., <br>4.875%, 2/01/2031 |  | 4515 |
| 60000 | Valero Energy Partners LP, <br>4.500%, 3/15/2028 |  | 58175 |
| 10000 | Western Midstream Operating LP, <br>4.300%, 2/01/2030 |  | 8729 |
| 20000 | Western Midstream Operating LP, <br>5.300%, 3/01/2048 |  | 16445 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Midstream – continued** | **Midstream – continued** |
| $5000 | Western Midstream Operating LP, <br>5.450%, 4/01/2044 | 4154 |
| 10000 | Western Midstream Operating LP, <br>5.500%, 2/01/2050 | 8238 |
|  |  | 443537 |
|  | **Paper – 0.2%** | **Paper – 0.2%** |
| 45000 | Suzano Austria GmbH, <br>3.750%, 1/15/2031 | 37752 |
|  | **Pharmaceuticals – 1.7%** | **Pharmaceuticals – 1.7%** |
| 65000 | Bausch Health Cos., Inc., <br>4.875%, 6/01/2028, 144A | 41343 |
| 55000 | Bausch Health Cos., Inc., <br>5.000%, 1/30/2028, 144A | 26400 |
| 5000 | Bausch Health Cos., Inc., <br>7.000%, 1/15/2028, 144A | 2417 |
| 50000 | Teva Pharmaceutical Finance Co. LLC, <br>6.150%, 2/01/2036 | 43953 |
| 85000 | Teva Pharmaceutical Finance Netherlands III BV, <br>3.150%, 10/01/2026 | 74332 |
| &nbsp;&nbsp;&nbsp;&nbsp;250000 | Teva Pharmaceutical Finance Netherlands III BV, <br>4.100%, 10/01/2046 | 152856 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341301 |
|  | **Property & Casualty Insurance – 1.1%** | **Property & Casualty Insurance – 1.1%** |
| 175000 | Fidelity National Financial, Inc., <br>2.450%, 3/15/2031 | 133500 |
| 65000 | Sirius International Group Ltd., <br>4.600%, 11/01/2026, 144A | 55851 |
| 55000 | Stewart Information Services Corp., <br>3.600%, 11/15/2031 | 42148 |
|  |  | 231499 |
|  | **REITs – Apartments – 0.0%** | **REITs – Apartments – 0.0%** |
| 10000 | American Homes 4 Rent, <br>2.375%, 7/15/2031 | 7713 |
|  | **REITs – Diversified – 0.1%** | **REITs – Diversified – 0.1%** |
| 15000 | EPR Properties, <br>3.600%, 11/15/2031 | 10867 |
|  | **REITs – Mortgage – 0.1%** | **REITs – Mortgage – 0.1%** |
| 15000 | Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., <br>4.250%, 2/01/2027, 144A | 12600 |
|  | **REITs – Office Property – 0.0%** | **REITs – Office Property – 0.0%** |
| 10000 | Corporate Office Properties LP, <br>2.750%, 4/15/2031 | 7484 |
|  | **REITs – Shopping Centers – 0.8%** | **REITs – Shopping Centers – 0.8%** |
| 115000 | Brixmor Operating Partnership LP, <br>4.050%, 7/01/2030 | 100603 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **REITs – Shopping Centers – continued** | **REITs – Shopping Centers – continued** | **REITs – Shopping Centers – continued** |
| $75000 | SITE Centers Corp., <br>3.625%, 2/01/2025 | $| 70784 |
|  |  |  | 171387 |
|  | **Restaurants – 0.7%** | **Restaurants – 0.7%** | **Restaurants – 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;125000 | 1011778 B.C. ULC/New Red Finance, Inc., <br>4.375%, 1/15/2028, 144A |  | 111926 |
| 45000 | Yum! Brands, Inc., <br>4.625%, 1/31/2032 |  | 39776 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151702 |
|  | **Retailers – 0.1%** | **Retailers – 0.1%** | **Retailers – 0.1%** |
| 20000 | Lithia Motors, Inc., <br>3.875%, 6/01/2029, 144A |  | 16484 |
| 10000 | Tapestry, Inc., <br>3.050%, 3/15/2032 |  | 7783 |
|  |  |  | 24267 |
|  | **Technology – 6.0%** | **Technology – 6.0%** | **Technology – 6.0%** |
| 20000 | Broadcom, Inc., <br>3.137%, 11/15/2035, 144A |  | 14705 |
| 30000 | Broadcom, Inc., <br>4.150%, 11/15/2030 |  | 26885 |
| 55000 | Broadcom, Inc., <br>4.300%, 11/15/2032 |  | 48474 |
| 10000 | CDW LLC/CDW Finance Corp., <br>2.670%, 12/01/2026 |  | 8878 |
| 10000 | CDW LLC/CDW Finance Corp., <br>3.250%, 2/15/2029 |  | 8517 |
| 90000 | CDW LLC/CDW Finance Corp., <br>3.569%, 12/01/2031 |  | 74163 |
| 130000 | CommScope Technologies LLC, <br>5.000%, 3/15/2027, 144A |  | 88296 |
| 60000 | CommScope, Inc., <br>4.750%, 9/01/2029, 144A |  | 48372 |
| 65000 | Entegris Escrow Corp., <br>4.750%, 4/15/2029, 144A |  | 59276 |
| 5000 | Everi Holdings, Inc., <br>5.000%, 7/15/2029, 144A |  | 4295 |
| 15000 | Fidelity National Information Services, Inc., <br>5.100%, 7/15/2032 |  | 14448 |
| 35000 | FLEX Ltd., <br>6.000%, 1/15/2028 |  | 34924 |
| 5000 | Gartner, Inc., <br>3.625%, 6/15/2029, 144A |  | 4394 |
| 5000 | Global Payments, Inc., <br>2.900%, 11/15/2031 |  | 3943 |
| 15000 | Global Payments, Inc., <br>5.300%, 8/15/2029 |  | 14502 |
| 30000 | Global Payments, Inc., <br>5.400%, 8/15/2032 |  | 28571 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Technology – continued** | **Technology – continued** | **Technology – continued** |
| $60000 | Iron Mountain, Inc., <br>5.250%, 7/15/2030, 144A | $| 52140 |
| 35000 | Jabil, Inc., <br>1.700%, 4/15/2026 |  | 31015 |
| 30000 | Marvell Technology, Inc., <br>2.450%, 4/15/2028 |  | 25393 |
| 25000 | Marvell Technology, Inc., <br>2.950%, 4/15/2031 |  | 20108 |
| &nbsp;&nbsp;&nbsp;&nbsp;265000 | Micron Technology, Inc., <br>4.663%, 2/15/2030 |  | 240348 |
| 25000 | MSCI, Inc., <br>3.250%, 8/15/2033, 144A |  | 19306 |
| 5000 | NXP BV/NXP Funding LLC/NXP USA, Inc., <br>4.400%, 6/01/2027 |  | 4792 |
| 15000 | Open Text Corp., <br>6.900%, 12/01/2027, 144A |  | 15000 |
| 60000 | Open Text Holdings, Inc., <br>4.125%, 2/15/2030, 144A |  | 48130 |
| 60000 | Oracle Corp., <br>3.950%, 3/25/2051 |  | 42746 |
| 30000 | Oracle Corp., <br>6.150%, 11/09/2029 |  | 31139 |
| 60000 | Qorvo, Inc., <br>3.375%, 4/01/2031, 144A |  | 48206 |
| 55000 | S&P Global, Inc., <br>4.250%, 5/01/2029, 144A |  | 52488 |
| 60000 | TD SYNNEX Corp., <br>1.750%, 8/09/2026 |  | 50998 |
| 35000 | Verisk Analytics, Inc., <br>4.125%, 3/15/2029 |  | 32765 |
| 30000 | Western Digital Corp., <br>2.850%, 2/01/2029 |  | 23210 |
| 30000 | Western Digital Corp., <br>4.750%, 2/15/2026 |  | 28252 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;1248679 |
|  | **Treasuries – 18.7%** | **Treasuries – 18.7%** | **Treasuries – 18.7%** |
| 135000 | U.S. Treasury Bond, <br>1.125%, 8/15/2040 |  | 83837 |
| 255000 | U.S. Treasury Bond, <br>1.875%, 2/15/2051 |  | 162065 |
| 155000 | U.S. Treasury Bond, <br>2.250%, 2/15/2052 |  | 107786 |
| 415000 | U.S. Treasury Bond, <br>3.250%, 5/15/2042 |  | 363838 |
| 1400000 | U.S. Treasury Note, <br>0.125%, 1/31/2023 |  | 1395781 |
| 780000 | U.S. Treasury Note, <br>0.125%, 4/30/2023 |  | 769275 |
| 805000 | U.S. Treasury Note, <br>0.250%, 9/30/2023 |  | 778240 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Principal<br>Amount** | **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
|  **Bonds and Notes – continued** | **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
|  **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  |  | **Treasuries – continued** | **Treasuries – continued** | **Treasuries – continued** |
| $| 230000 | U.S. Treasury Note, <br>1.500%, 2/29/2024 | $| 221698 |
|  |  |  |  | 3882520 |
|  |  | **Wireless – 2.6%** | **Wireless – 2.6%** | **Wireless – 2.6%** |
|  | 80000 | Crown Castle, Inc., <br>2.500%, 7/15/2031 |  | 64469 |
|  | 70000 | SBA Communications Corp., <br>3.125%, 2/01/2029 |  | 58204 |
|  | 130000 | T-Mobile USA, Inc., <br>3.375%, 4/15/2029 |  | 114500 |
|  | 65000 | T-Mobile USA, Inc., <br>3.500%, 4/15/2031 |  | 56147 |
|  | &nbsp;&nbsp;&nbsp;&nbsp;265000 | T-Mobile USA, Inc., <br>3.875%, 4/15/2030 |  | 240041 |
|  |  |  |  | 533361 |
|  |  | Total Non-Convertible Bonds <br>(Identified Cost $21,112,325) |  | 17963596 |
|  **Convertible Bonds – 5.0%** | **Convertible Bonds – 5.0%** | **Convertible Bonds – 5.0%** |  |  |
|  |  | **Airlines – 0.5%** | **Airlines – 0.5%** | **Airlines – 0.5%** |
|  | 20000 | JetBlue Airways Corp., <br>0.500%, 4/01/2026 |  | 14582 |
|  | 85000 | Southwest Airlines Co., <br>1.250%, 5/01/2025 |  | 102085 |
|  |  |  |  | 116667 |
|  |  | **Cable Satellite – 1.2%** | **Cable Satellite – 1.2%** | **Cable Satellite – 1.2%** |
|  | 40000 | DISH Network Corp., <br>Zero Coupon, 0.000%-8.380%, 12/15/2025(b) |  | 25605 |
|  | 350000 | DISH Network Corp., <br>3.375%, 8/15/2026 |  | 219275 |
|  |  |  |  | 244880 |
|  |  | **Consumer Cyclical Services – 0.3%** | **Consumer Cyclical Services – 0.3%** | **Consumer Cyclical Services – 0.3%** |
|  | 5000 | Peloton Interactive, Inc., <br>Zero Coupon, 0.798%, 2/15/2026(c) |  | 3540 |
|  | 65000 | Uber Technologies, Inc., <br>Zero Coupon, 0.000%-5.152%, 12/15/2025(b) |  | 54898 |
|  |  |  |  | 58438 |
|  |  | **Gaming – 0.1%** | **Gaming – 0.1%** | **Gaming – 0.1%** |
|  | 10000 | Penn Entertainment, Inc., <br>2.750%, 5/15/2026 |  | 14740 |
|  |  | **Healthcare – 0.5%** | **Healthcare – 0.5%** | **Healthcare – 0.5%** |
|  | 140000 | Teladoc Health, Inc., <br>1.250%, 6/01/2027 |  | 107547 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Principal<br>Amount** | **Description** | **Value (†)** |
|  **Bonds and Notes – continued** | **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
|  **Convertible Bonds – continued** | **Convertible Bonds – continued** | **Convertible Bonds – continued** |  |
|  |  | **Leisure – 0.2%** | **Leisure – 0.2%** |
| $| 60000 | NCL Corp. Ltd., <br>1.125%, 2/15/2027 | $41096 |
|  |  | **Media Entertainment – 0.3%** | **Media Entertainment – 0.3%** |
|  | 30000 | Bilibili, Inc., <br>0.500%, 12/01/2026 | 22050 |
|  | 30000 | Snap, Inc., <br>Zero Coupon, 6.709%-6.954%, 5/01/2027(b) | 20955 |
|  | 25000 | Spotify USA, Inc., <br>Zero Coupon, 5.189%-5.777%, 3/15/2026(b) | 20125 |
|  |  |  | 63130 |
|  |  | **Pharmaceuticals – 1.3%** | **Pharmaceuticals – 1.3%** |
|  | 195000 | BioMarin Pharmaceutical, Inc., <br>1.250%, 5/15/2027 | 209539 |
|  | 15000 | Guardant Health, Inc., <br>Zero Coupon, 0.000%, 11/15/2027(c) | 9329 |
|  | 25000 | Ionis Pharmaceuticals, Inc., <br>Zero Coupon, 0.000%, 4/01/2026(c) | 23078 |
|  | 40000 | Livongo Health, Inc., <br>0.875%, 6/01/2025 | 35015 |
|  |  |  | 276961 |
|  |  | **Technology – 0.6%** | **Technology – 0.6%** |
|  | 25000 | Nutanix, Inc., <br>0.250%, 10/01/2027 | 20912 |
|  | 20000 | RingCentral, Inc., <br>Zero Coupon, 7.630%-7.929%, 3/15/2026(b) | 15700 |
|  | 60000 | Splunk, Inc., <br>1.125%, 6/15/2027 | 50628 |
|  | 30000 | Unity Software, Inc., <br>Zero Coupon, 7.084%-8.213%, 11/15/2026(b) | 22455 |
|  | 5000 | Wolfspeed, Inc., <br>0.250%, 2/15/2028, 144A | 4323 |
|  | 10000 | Wolfspeed, Inc., <br>1.875%, 12/01/2029, 144A | 9005 |
|  |  |  | 123023 |
|  |  | Total Convertible Bonds <br>(Identified Cost $1,318,045) | 1046482 |
|  |  | Total Bonds and Notes <br>(Identified Cost $22,430,370) | 19010078 |
|  **Collateralized Loan Obligations – 3.3%** | **Collateralized Loan Obligations – 3.3%** | **Collateralized Loan Obligations – 3.3%** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;250000 | AIMCO CLO Ltd., Series 2021-14A, Class D, <br>3-month LIBOR + 2.900%, 7.143%, 4/20/2034, 144A(d) | 229898 |
|  | 250000 | Fillmore Park CLO Ltd., Series 2018-1A, Class D, <br>3-month LIBOR + 2.900%, 6.979%, 7/15/2030, 144A(d) | 231377 |
|  | 250000 | Recette CLO Ltd., Series 2015-1A, Class DRR, <br>3-month LIBOR + 3.250%, 7.493%, 4/20/2034, 144A(d) | 218641 |
|  |  | Total Collateralized Loan Obligations <br>(Identified Cost $750,000) | 679916 |

---

------

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value (†)** |
| **Preferred Stocks – 1.1%** | **Preferred Stocks – 1.1%** |  |
| **Convertible Preferred Stocks – 1.1%** | **Convertible Preferred Stocks – 1.1%** |  |
|  | **Banking – 1.0%** | **Banking – 1.0%** |
| 97 | Bank of America Corp., Series L, <br>7.250% | $112520 |
| 83 | Wells Fargo & Co., Class A, Series L, <br>7.500% | 98355 |
|  |  | 210875 |
|  | **Technology – 0.1%** | **Technology – 0.1%** |
| 273 | Clarivate PLC, Series A, <br>5.250% | 10341 |
|  | Total Preferred Stocks <br>(Identified Cost $281,607) | 221216 |
| **Principal<br>Amount** |  |  |
| **Short-Term Investments – 2.9%** | **Short-Term Investments – 2.9%** |  |
| $396846 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 12/30/2022 at 1.800% to be repurchased at $396,925 on 1/03/2023 collateralized by $462,700 U.S. Treasury Note, 1.250% due 3/31/2028 valued at $404,826 including accrued interest(e) | 396846 |
| &nbsp;&nbsp;&nbsp;&nbsp;205000 | U.S. Treasury Bills, <br>4.028%, 2/02/2023(f) | 204350 |
|  | Total Short-Term Investments <br>(Identified Cost $601,112) | 601196 |
|  | Total Investments – 99.0% <br>(Identified Cost $24,063,089) | 20512406 |
|  | Other assets less liabilities – 1.0% | 204503 |
|  | Net Assets – 100.0% | $20716909 |

---

------

---

| | |
|:---|:---|
| (†) | Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund's Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board's oversight.  |

---

Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Futures contracts are valued at the closing settlement price on the exchange on which the valuation designee believes that, over time, they are traded most extensively. Shares of open-end investment companies are valued at net asset value per share.

Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using evaluated bids furnished by an independent pricing service, if available.

Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Collateralized loan obligations are fair valued at bid prices supplied by an independent pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, and collateralized loan obligations where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment.

The Fund may also fair value investments in other circumstances such as when extraordinary events occur after the close of a foreign market, but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer's security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing a Fund's investments, the valuation designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund's net asset value ("NAV") is calculated. Fair valuation by the Fund's valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund's NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may not always result in adjustments to the prices of investments held by a Fund. The books and records of the Fund are maintained in U.S. dollars.

The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

(a) Perpetual bond with no specified maturity date.

(b) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund's investment in
this security is comprised of various lots with differing annualized yields.

(c) Interest rate represents annualized yield at time of purchase; not a coupon rate.

(d) Variable rate security. Rate as of December 31, 2022 is disclosed.

(e) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which
the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund's policy that the market value of the collateral for repurchase agreements be at least equal to
102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of
the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund's ability to dispose of the underlying securities. As of
December 31, 2022, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

(f) Interest rate represents discount rate at time of purchase; not a coupon rate.

---

| | |
|:---|:---|
| 144A | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2022, the value of Rule 144A holdings amounted to $6,603,901 or 31.9% of net assets.  |

---

LIBOR London Interbank Offered Rate

MTN Medium Term Note

REITs Real Estate Investment Trusts

------

**Futures Contracts** 

The Fund may enter into futures contracts. Futures contracts are agreements between two parties to buy and sell a particular instrument or index for a specified price on a specified future date.

When the Fund enters into a futures contract, it is required to deposit with (or for the benefit of) its broker an amount of cash or short-term high-quality securities as "initial margin." As the value of the contract changes, the value of the futures contract position increases or declines. Subsequent payments, known as "variation margin," are made or received by the Fund, depending on the price fluctuations in the fair value of the contract and the value of cash or securities on deposit with the broker. Realized gain or loss on a futures position is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, minus brokerage commissions. When the Fund enters into a futures contract certain risks may arise, such as illiquidity in the futures market, which may limit the Fund's ability to close out a futures contract prior to settlement date, and unanticipated movements in the value of securities or interest rates. Futures contracts are exchange-traded. Exchange-traded futures contracts are standardized and are settled through a clearing house with fulfillment supported by the credit of the exchange. Therefore, counterparty credit risks to the Fund are reduced; however, in the event that a counterparty enters into bankruptcy, the Fund's claim against initial/variation margin on deposit with the counterparty may be subject to terms of a final settlement in bankruptcy court.

**At December 31, 2022, open long futures contracts were as follows:** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Financial Futures** | **Expiration<br>Date** | **Contracts** | **Notional<br>Amount** | **Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Ultra Long U.S. Treasury Bond | 3/22/2023 | 9 | $1219606 | $1208813 | $(10793) |
|  Ultra 10 Year U.S. Treasury Note | 3/22/2023 | 7 | 835478 | 827968 | (7510) |
|  Total | Total | Total | Total | Total | $(18303) |

---

------

**Fair Value Measurements** 

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund's assets or liabilities. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – prices determined using other significant inputs that are observable either directly, or
indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – prices determined using significant unobservable inputs when quoted prices or observable
inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund's own assumptions in determining the fair value of assets or liabilities and would be based on the best
information available).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The Fund's pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund's valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

The following is a summary of the inputs used to value the Fund's investments as of December 31, 2022, at value:

------

**Asset Valuation Inputs** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Level 1 | Level 2 | Level 3 | Total |
|  Bonds and Notes\* | $— | $19010078 | $– $| 19010078 |
|  Collateralized Loan Obligations |  | 679916 | – | 679916 |
|  Preferred Stocks\* | 221216 |  | – | 221216 |
|  Short-Term Investments |  | 601196 | – | 601196 |
|  Total | $221216 | $20291190 | $– $| 20512406 |

---

**Liability Valuation Inputs** 

---

| | | | |
|:---|:---|:---|:---|
| Description | Level 1 | Level 2 | Total |
|  Futures Contracts (unrealized depreciation) | $(18303) | $– $– $| (18303) |

---

\* Details of the major categories of the Fund's investments are reflected within the Portfolio of Investments.

------

**Derivatives** 

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used at period end include futures contracts.

The Fund is subject to the risk that changes in interest rates will affect the value of the Fund's investments in fixed income securities. The Fund will be subject to increased interest rate risk to the extent that it invests in fixed-income securities with longer maturities or durations, as compared to investing in fixed-income securities with shorter maturities or durations. The Fund may use futures contracts to hedge against changes in interest rates and to manage duration without having to buy or sell portfolio securities. The Fund may use futures contracts to gain investment exposure. As of December 31, 2022, the Fund used futures contracts to manage duration.

The following is a summary of derivative instruments for the Fund, as of December 31, 2022:

---

| | |
|:---|:---|
| Liabilities_ | Unrealized<br>depreciation<br>futures contracts |
|  Exchange-traded liability derivatives <br>Interest rate contracts | $(18303) |

---

The Fund's derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund's investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

Counterparty risk is managed based on policies and procedures established by the Fund's adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. With exchange traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange's clearing house, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange traded derivatives with respect to initial and variation margin that is held in a broker's customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker's customers, potentially resulting in losses to the Fund. The following table shows the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the Fund would incur if parties (including brokers holding margin for exchange-traded derivatives) to the relevant financial instruments failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the Fund, as of December 31, 2022:

---

| | |
|:---|:---|
| Maximum Amount<br> of Loss - Gross | Maximum Amount<br> of Loss - Net |
| $106932 | $106932 |

---

------

Industry Summary at December 31, 2022 (Unaudited)

---

| | |
|:---|:---|
|  Treasuries | 18.7% |
|  Banking | 13 |
|  Finance Companies | 7.1 |
|  Technology | 6.7 |
|  Cable Satellite | 6.4 |
|  Metals & Mining | 3.6 |
|  Pharmaceuticals | 3 |
|  Independent Energy | 3 |
|  Consumer Cyclical Services | 2.8 |
|  Wireless | 2.6 |
|  Aerospace & Defense | 2.4 |
|  Healthcare | 2.2 |
|  Midstream | 2.2 |
|  Media Entertainment | 2.1 |
|  Other Investments, less than 2% each | 17 |
|  Collateralized Loan Obligations | 3.3 |
|  Short-Term Investments | 2.9 |
|  Total Investments | 99 |
|  Other assets less liabilities (including futures contracts) | 1 |
|  Net Assets | 100.0% |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LOOMIS SAYLES FUNDS II

- **b. Investment Company Act file number:** 811-06241

- **c. CIK number of Registrant:** 0000872649

- **d. LEI of Registrant:** 5493007QOEDY6IHOTU14

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

  - **Street Address 1:** 888 BOYLSTON STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199-8197

  - **Telephone number:** 617-449-2139

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

- **a. Name of Series:** Loomis Sayles Credit Income Fund

- **b. EDGAR series identifier (if any):** S000069661

- **c. LEI of Series:** 5493006WUKEE1JIZ4126

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $20774300.31

**Total Liabilities:** $57401.51

**Net Assets:** $20716898.80

**Cash Not Reported:** $38341.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -10.82000000 | **1-Year:** -497.72000000 | **5-Year:** -2728.20000000 | **10-Year:** -2466.25000000 | **30-Year:** -546.84000000

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

- **3-Month:** -5.72000000 | **1-Year:** -313.17000000 | **5-Year:** -1475.68000000 | **10-Year:** -868.23000000 | **30-Year:** -199.92000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222162 | 0.19%                | 3.34%                | -0.56%               |
| Class ID C000222164 | 0.23%                | 3.37%                | -0.77%               |
| Class ID C000222163 | 0.29%                | 3.32%                | -0.58%               |
| Class ID C000222165 | 0.20%                | 3.47%                | -0.56%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-38164.65               | $75459.28                                  |
| Month 2  | $-5876.08                | $557466.74                                 |
| Month 3  | $-69480.36               | $-88738.56                                 |

**Designated Index Information**

- **Index Name:** Fund's Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMER AIRLINE 16-3 A PTT    | American Airlines 2016-3 Class A Pass Through Trust                              | CUSIP: 023771S25<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68534 | PA      | $53172.42     | 0.26%             | 2028-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC   | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $21500.00     | 0.10%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hercules LLC               | Hercules LLC                                                                     | CUSIP: 427056AU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57021.60     | 0.28%             | 2029-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE    | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     40000 | PA      | $34850.00     | 0.17%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC         | Everi Holdings Inc                                                               | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4294.83      | 0.02%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Recette CLO LLC            | Recette Clo Ltd                                                                  | CUSIP: 75620TAZ1<br>LEI: 549300392I5L5XOJ0016 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $218641.00    | 1.06%             | 2034-04-20      | Floating      | 7.49%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023BY0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11051.45     | 0.05%             | 2038-03-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP             | Air Lease Corp                                                                   | CUSIP: 00914AAG7<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    205000 | PA      | $170964.48    | 0.83%             | 2030-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| QORVO INC                  | Qorvo Inc                                                                        | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48206.34     | 0.23%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD         | Athene Holding Ltd                                                               | CUSIP: 04686JAC5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $24632.84     | 0.12%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BARINGS BDC INC            | Barings BDC Inc                                                                  | CUSIP: 06759LAC7<br>LEI: 549300GSF4KFZP6ONG49 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25427.35     | 0.12%             | 2026-11-23      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TR 2014   | CVS Pass-Through Trust Series 2014                                               | CUSIP: 12665VAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     86781 | PA      | $77083.66     | 0.37%             | 2036-08-11      | Fixed         | 4.16%                 | No            |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM   | Volcan Cia Minera SAA                                                            | CUSIP: 92863UAB2<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |     10000 | PA      | $8615.46      | 0.04%             | 2026-02-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC              | CommScope Inc                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48372.00     | 0.23%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 91282CBX8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    780000 | PA      | $769275.00    | 3.71%             | 2023-04-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| JABIL INC                  | Jabil Inc                                                                        | CUSIP: 466313AL7<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31015.11     | 0.15%             | 2026-04-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| RINGCENTRAL INC            | RingCentral Inc                                                                  | CUSIP: 76680RAH0<br>LEI: 549300C8EH0H1614VE84 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15700.00     | 0.08%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP      | Owl Rock Capital Corp                                                            | CUSIP: 69121KAG9<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39258.72     | 0.19%             | 2028-06-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG     | Credit Suisse Group AG                                                           | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $219620.00    | 1.06%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY           | Deutsche Bank AG/New York NY                                                     | CUSIP: 251526CD9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $120253.25    | 0.58%             | 2031-09-18      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES    | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     60000 | PA      | $47882.70     | 0.23%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL     | Marriott International Inc/MD                                                    | CUSIP: 571903BG7<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16195.65     | 0.08%             | 2031-04-15      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II    | GLP Capital LP / GLP Financing II Inc                                            | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $15987.70     | 0.08%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                | Oracle Corp                                                                      | CUSIP: 68389XCA1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $42746.36     | 0.21%             | 2051-03-25      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| IONIS PHARMACEUTICALS IN   | Ionis Pharmaceuticals Inc                                                        | CUSIP: 462222AD2<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23078.13     | 0.11%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP     | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23301.75     | 0.11%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC        | Global Payments Inc                                                              | CUSIP: 37940XAH5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3942.84      | 0.02%             | 2031-11-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC      | Uber Technologies Inc                                                            | CUSIP: 90353TAJ9<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     65000 | PA      | $54898.35     | 0.26%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC      | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20760.98     | 0.10%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MSCI INC                   | MSCI Inc                                                                         | CUSIP: 55354GAQ3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19306.46     | 0.09%             | 2033-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC     | Penn Entertainment Inc                                                           | CUSIP: 707569AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $14740.00     | 0.07%             | 2026-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP   | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $53091.01     | 0.26%             | 2062-06-30      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE       | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                           | CUSIP: 46590XAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     20000 | PA      | $16552.89     | 0.08%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING    | DCP Midstream Operating LP                                                       | CUSIP: 23311VAH0<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9637.34      | 0.05%             | 2029-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC               | Broadcom Inc                                                                     | CUSIP: 11135FBP5<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14705.33     | 0.07%             | 2035-11-15      | Fixed         | 3.14%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2020-1 B PTT    | United Airlines 2020-1 Class B Pass Through Trust                                | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11430 | PA      | $10759.97     | 0.05%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade     | US 10YR ULTRA FUT MAR23                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         7 | NC      | $-7509.74     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $44811.60     | 0.22%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp | FIXED INC CLEARING CORP.REPO                                                     | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |    396846 | PA      | $396846.01    | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA     | NXP BV / NXP Funding LLC / NXP USA Inc                                           | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |      5000 | PA      | $4791.97      | 0.02%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc      | Bausch Health Cos Inc                                                            | CUSIP: 071734AD9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $2416.74      | 0.01%             | 2028-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal              | ArcelorMittal SA                                                                 | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |     35000 | PA      | $35519.40     | 0.17%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC      | Time Warner Cable LLC                                                            | CUSIP: 88732JBD9<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $146420.91    | 0.71%             | 2042-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQT Corp                   | EQT Corp                                                                         | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     45000 | PA      | $41542.44     | 0.20%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC        | Global Payments Inc                                                              | CUSIP: 37940XAN2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14501.56     | 0.07%             | 2029-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                 | Cigna Corp                                                                       | CUSIP: 125523AH3<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72332.55     | 0.35%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc       | Freeport-McMoRan Inc                                                             | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37775.29     | 0.18%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT      | American Homes 4 Rent LP                                                         | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              |  | US        |     10000 | PA      | $7713.28      | 0.04%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TELADOC HEALTH INC         | Teladoc Health Inc                                                               | CUSIP: 87918AAF2<br>LEI: 549300I2PVFBC9MFAC61 | Long             | DBT              | CORP              | US        |    140000 | PA      | $107547.27    | 0.52%             | 2027-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC       | Glencore Funding LLC                                                             | CUSIP: 378272AQ1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    135000 | PA      | $126273.60    | 0.61%             | 2027-10-27      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN      | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $25369.50     | 0.12%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL     | Anglo American Capital PLC                                                       | CUSIP: 034863AU4<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $189153.71    | 0.91%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC               | Broadcom Inc                                                                     | CUSIP: 11135FAQ4<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26884.56     | 0.13%             | 2030-11-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE    | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     25000 | PA      | $22375.00     | 0.11%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CATALENT PHARMA SOLUTION   | Catalent Pharma Solutions Inc                                                    | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11943.38     | 0.06%             | 2029-02-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC                | Ovintiv Inc                                                                      | CUSIP: 292505AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50312.37     | 0.24%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE           | Societe Generale SA                                                              | CUSIP: 83368RAY8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $157019.45    | 0.76%             | 2035-07-08      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16938.45     | 0.08%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| TEXTRON INC                | Textron Inc                                                                      | CUSIP: 883203CB5<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    125000 | PA      | $106228.39    | 0.51%             | 2030-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC          | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |     60000 | PA      | $52140.00     | 0.25%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER   | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24097.50     | 0.12%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CF0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     15000 | PA      | $9589.49      | 0.05%             | 2059-03-01      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD        | NCL Corp Ltd                                                                     | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $23564.10     | 0.11%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8768.90      | 0.04%             | 2029-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 91282CEA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    230000 | PA      | $221698.44    | 1.07%             | 2024-02-29      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L   | EQM Midstream Partners LP                                                        | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31295.53     | 0.15%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP     | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     30000 | PA      | $27966.60     | 0.13%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade     | US ULTRA BOND CBT MAR23                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         9 | NC      | $-10793.23    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| iHeartCommunications Inc   | iHeartCommunications Inc                                                         | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17008.55     | 0.08%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP   | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $15570.16     | 0.08%             | 2031-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 912810SU3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    255000 | PA      | $162064.45    | 0.78%             | 2051-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP              | Carnival Corp                                                                    | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     30000 | PA      | $19991.46     | 0.10%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP     | Aviation Capital Group LLC                                                       | CUSIP: 05369AAK7<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30470.24     | 0.15%             | 2026-01-30      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| PELOTON INTERACTIVE INC    | Peloton Interactive Inc                                                          | CUSIP: 70614WAB6<br>LEI: 5493002YS021166W0339 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3539.45      | 0.02%             | 2026-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP   | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175CJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4278.30      | 0.02%             | 2033-04-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE               | AES Corp/The                                                                     | CUSIP: 00130HCG8<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11932.82     | 0.06%             | 2031-01-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC    | Jefferies Financial Group Inc                                                    | CUSIP: 472319AC6<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15127.67     | 0.07%             | 2036-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC   | iHeartCommunications Inc                                                         | CUSIP: 45174HBE6<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63531.25     | 0.31%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC   | Celanese US Holdings LLC                                                         | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14574.62     | 0.07%             | 2029-07-15      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP    | John Deere Capital Corp                                                          | CUSIP: 24422EVY2<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32736.57     | 0.16%             | 2025-01-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC      | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $13419.90     | 0.06%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                | Netflix Inc                                                                      | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    135000 | PA      | $125900.87    | 0.61%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC           | MDC Holdings Inc                                                                 | CUSIP: 552676AV0<br>LEI: 5299005FV4VNV75R8R35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $41912.33     | 0.20%             | 2061-08-06      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC     | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $27212.50     | 0.13%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP      | Tenet Healthcare Corp                                                            | CUSIP: 88033GDG2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22368.53     | 0.11%             | 2028-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD        | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     25000 | PA      | $21639.00     | 0.10%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS INTERNATIONAL GRP   | Sirius International Group Ltd                                                   | CUSIP: 82968FAA2<br>LEI: 549300PB35NLMKG2ND86 | Long             | DBT              | CORP              | BM        |     65000 | PA      | $55851.25     | 0.27%             | 2026-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC      | Uber Technologies Inc                                                            | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    325000 | PA      | $283157.88    | 1.37%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp       | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28251.60     | 0.14%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC   | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49471.20     | 0.24%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| FLEX LTD                   | Flex Ltd                                                                         | CUSIP: 33938XAE5<br>LEI: 549300EAQH74YHD07T53 | Long             | DBT              | CORP              | SG        |     35000 | PA      | $34924.00     | 0.17%             | 2028-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC     | Marvell Technology Inc                                                           | CUSIP: 573874AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $25393.24     | 0.12%             | 2028-04-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| EQT CORP                   | EQT Corp                                                                         | CUSIP: 26884LAN9<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25423.08     | 0.12%             | 2031-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE     | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAF2<br>LEI: N/A                  | Long             | DBT              |  | US        |     10000 | PA      | $9902.60      | 0.05%             | 2024-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP       | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7816.60      | 0.04%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN   | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33689.60     | 0.16%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC       | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCF0<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13618.66     | 0.07%             | 2030-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA         | Credit Agricole SA                                                               | CUSIP: 225313AK1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $217820.00    | 1.05%             | 2033-01-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO        | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36667.36     | 0.18%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP INC             | PulteGroup Inc                                                                   | CUSIP: 745867AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $66931.31     | 0.32%             | 2035-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023BZ7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3271.33      | 0.02%             | 2048-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC          | Expedia Group Inc                                                                | CUSIP: 30212PAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $165417.56    | 0.80%             | 2030-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TD SYNNEX CORP             | TD SYNNEX Corp                                                                   | CUSIP: 87162WAF7<br>LEI: 5493004HI6PFLF46NS53 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50998.10     | 0.25%             | 2026-08-09      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO     | General Motors Financial Co Inc                                                  | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4231.87      | 0.02%             | 2030-09-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| EQT CORP                   | EQT Corp                                                                         | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9190.35      | 0.04%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY PARTNERS     | Valero Energy Partners LP                                                        | CUSIP: 91914JAB8<br>LEI: 549300WH1375KZXLJ231 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58174.72     | 0.28%             | 2028-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP         | Energy Transfer LP                                                               | CUSIP: 86765BAU3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51330.30     | 0.25%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP               | Centene Corp                                                                     | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4569.18      | 0.02%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc              | TransDigm Inc                                                                    | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19723.80     | 0.10%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $120002.73    | 0.58%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SNAP INC                   | Snap Inc                                                                         | CUSIP: 83304AAF3<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $20955.00     | 0.10%             | 2027-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STEWART INFORMATION SERV   | Stewart Information Services Corp                                                | CUSIP: 86038AAA0<br>LEI: 529900TV1XI0PLKENU10 | Long             | DBT              | CORP              | US        |     55000 | PA      | $42148.00     | 0.20%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES             | EPR Properties                                                                   | CUSIP: 26884UAG4<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |     15000 | PA      | $10867.52     | 0.05%             | 2031-11-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP      | Tenet Healthcare Corp                                                            | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8953.20      | 0.04%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT   | Western Midstream Operating LP                                                   | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8729.20      | 0.04%             | 2030-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| OWL ROCK TECHNOLOGY FINA   | Owl Rock Technology Finance Corp                                                 | CUSIP: 691205AG3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48911.36     | 0.24%             | 2027-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP               | Calpine Corp                                                                     | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48309.35     | 0.23%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                | Netflix Inc                                                                      | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15439.31     | 0.07%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC           | CSC Holdings LLC                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $110526.81    | 0.53%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION   | Hess Midstream Operations LP                                                     | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14611.28     | 0.07%             | 2026-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| General Motors Co          | General Motors Co                                                                | CUSIP: 37045VAJ9<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    170000 | PA      | $138170.97    | 0.67%             | 2045-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC      | Micron Technology Inc                                                            | CUSIP: 595112BQ5<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    265000 | PA      | $240348.22    | 1.16%             | 2030-02-15      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| HCA INC                    | HCA Inc                                                                          | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    165000 | PA      | $150627.03    | 0.73%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS   | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4514.75      | 0.02%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA   | Scientific Games International Inc                                               | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4800.00      | 0.02%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC         | Ally Financial Inc                                                               | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $31312.50     | 0.15%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP               | Centene Corp                                                                     | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27503.00     | 0.13%             | 2031-08-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP              | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $99992.05     | 0.48%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC         | Ally Financial Inc                                                               | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     65000 | PA      | $43468.75     | 0.21%             | 2026-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| OVINTIV EXPLORATION INC    | Ovintiv Exploration Inc                                                          | CUSIP: 651290AR9<br>LEI: T8W3X1PFLPW2YE0UIP44 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44550.65     | 0.22%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HERCULES CAPITAL INC       | Hercules Capital Inc                                                             | CUSIP: 427096AJ1<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64300.48     | 0.31%             | 2027-01-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP             | Air Lease Corp                                                                   | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33428.80     | 0.16%             | 2026-06-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc              | Citigroup Inc                                                                    | CUSIP: 172967KA8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    215000 | PA      | $204982.80    | 0.99%             | 2027-09-29      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC        | Global Payments Inc                                                              | CUSIP: 37940XAQ5<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28570.52     | 0.14%             | 2032-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP              | Carnival Corp                                                                    | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     40000 | PA      | $28561.60     | 0.14%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp       | Bank of America Corp                                                             | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    270000 | PA      | $260806.33    | 1.26%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc    | CNO Financial Group Inc                                                          | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28526.70     | 0.14%             | 2029-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP          | DISH Network Corp                                                                | CUSIP: 25470MAF6<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |     40000 | PA      | $25604.40     | 0.12%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023BS3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3244.25      | 0.02%             | 2046-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EXPEDIA GROUP INC          | Expedia Group Inc                                                                | CUSIP: 30212PBH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8041.31      | 0.04%             | 2031-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MARVELL TECHNOLOGY INC     | Marvell Technology Inc                                                           | CUSIP: 573874AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $20108.47     | 0.10%             | 2031-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| General Motors Co          | General Motors Co                                                                | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36981.14     | 0.18%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Aimco                      | Aimco CLO 14 Ltd                                                                 | CUSIP: 00144GAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $229898.00    | 1.11%             | 2034-04-20      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Fillmore Park CLO, Ltd.    | Fillmore Park CLO Ltd 2018-1A                                                    | CUSIP: 31722PAW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $231377.50    | 1.12%             | 2030-07-15      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB     | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAB4<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $157016.00    | 0.76%             | 2031-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING    | DCP Midstream Operating LP                                                       | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     55000 | PA      | $45492.15     | 0.22%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO     | Southwestern Energy Co                                                           | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4272.95      | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD        | NCL Corp Ltd                                                                     | CUSIP: 62886HBD2<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     60000 | PA      | $41096.40     | 0.20%             | 2027-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC      | Teva Pharmaceutical Finance Co LLC                                               | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43953.33     | 0.21%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP              | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16252.20     | 0.08%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC            | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39776.71     | 0.19%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP       | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8505.55      | 0.04%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD       | Times China Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $32422.00     | 0.16%             | 2026-03-22      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN   | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     60000 | PA      | $48048.00     | 0.23%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP     | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9681.01      | 0.05%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC     | Standard Chartered PLC                                                           | CUSIP: 853254BS8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $179727.39    | 0.87%             | 2031-04-01      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP              | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $147408.63    | 0.71%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LIVONGO HEALTH             | Livongo Health Inc                                                               | CUSIP: 539183AA1<br>LEI: 54930061HKCVF1H2O156 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35015.20     | 0.17%             | 2025-06-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP          | Hyatt Hotels Corp                                                                | CUSIP: 448579AH5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4961.42      | 0.02%             | 2025-04-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES      | Continental Resources Inc/OK                                                     | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    113000 | PA      | $83697.77     | 0.40%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GUARDANT HEALTH INC        | Guardant Health Inc                                                              | CUSIP: 40131MAB5<br>LEI: 254900M8C3E5VC8BR186 | Long             | DBT              | CORP              | US        |     15000 | PA      | $9328.50      | 0.05%             | 2027-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC   | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8161.53      | 0.04%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL FINANCIAL    | Fidelity National Financial Inc                                                  | CUSIP: 31620RAK1<br>LEI: 549300CAZYIH39SYQ287 | Long             | DBT              | CORP              | US        |    175000 | PA      | $133500.21    | 0.64%             | 2031-03-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| NGPL PipeCo LLC            | NGPL PipeCo LLC                                                                  | CUSIP: 62912XAF1<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |     80000 | PA      | $75980.19     | 0.37%             | 2027-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC           | CSC Holdings LLC                                                                 | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $111740.00    | 0.54%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC   | Allison Transmission Inc                                                         | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     60000 | PA      | $49350.00     | 0.24%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO        | American Express Co                                                              | CUSIP: 025816DB2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41641.22     | 0.20%             | 2027-11-05      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP          | Ares Capital Corp                                                                | CUSIP: 04010LBB8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32073.16     | 0.15%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL     | Marriott International Inc/MD                                                    | CUSIP: 571903BE2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23327.85     | 0.11%             | 2030-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC              | Wolfspeed Inc                                                                    | CUSIP: 977852AA0<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4322.50      | 0.02%             | 2028-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC          | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     60000 | PA      | $51764.40     | 0.25%             | 2030-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY             | Morgan Stanley                                                                   | CUSIP: 61747YEK7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     80000 | PA      | $71084.25     | 0.34%             | 2028-01-21      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON INGALLS INDUS   | Huntington Ingalls Industries Inc                                                | CUSIP: 446413AT3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18152.55     | 0.09%             | 2030-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023DC6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    220000 | PA      | $192756.74    | 0.93%             | 2031-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Verisk Analytics Inc       | Verisk Analytics Inc                                                             | CUSIP: 92345YAF3<br>LEI: 549300I1YSWNIRKBWP67 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32764.61     | 0.16%             | 2029-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE    | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $152856.32    | 0.74%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 912810TH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    415000 | PA      | $363838.28    | 1.76%             | 2042-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE    | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     85000 | PA      | $74332.50     | 0.36%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP          | DISH Network Corp                                                                | CUSIP: 25470MAB5<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    350000 | PA      | $219275.00    | 1.06%             | 2026-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP             | Open Text Corp                                                                   | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     15000 | PA      | $15000.00     | 0.07%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC   | Warnermedia Holdings Inc                                                         | CUSIP: 55903VAJ2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13000.65     | 0.06%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CAPITAL CORP      | Owl Rock Capital Corp                                                            | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41246.55     | 0.20%             | 2027-01-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP       | Entegris Escrow Corp                                                             | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59275.92     | 0.29%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC         | Ally Financial Inc                                                               | CUSIP: 02005NBP4<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31186.81     | 0.15%             | 2028-11-02      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp       | Bank of America Corp                                                             | CUSIP: 060505682<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |        97 | NS      | $112520.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc             | NRG Energy Inc                                                                   | CUSIP: 629377CL4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30952.19     | 0.15%             | 2029-06-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH        | Suzano Austria GmbH                                                              | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     45000 | PA      | $37751.69     | 0.18%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BILIBILI INC               | Bilibili Inc                                                                     | CUSIP: 090040AF3<br>LEI: 5493008V60M52L3PIS45 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $22050.00     | 0.11%             | 2026-12-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP               | Centene Corp                                                                     | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     90000 | PA      | $70422.58     | 0.34%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                | Aker BP ASA                                                                      | CUSIP: 00973RAJ2<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    150000 | PA      | $131459.54    | 0.63%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP    | John Deere Capital Corp                                                          | CUSIP: 24422EVX4<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19257.00     | 0.09%             | 2024-01-10      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT   | Western Midstream Operating LP                                                   | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16444.54     | 0.08%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC       | Glencore Funding LLC                                                             | CUSIP: 378272AN8<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18874.46     | 0.09%             | 2027-03-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITY SOFTWARE INC         | Unity Software Inc                                                               | CUSIP: 91332UAB7<br>LEI: 549300D1ESJMGNQNG432 | Long             | DBT              | CORP              | US        |     30000 | PA      | $22455.00     | 0.11%             | 2026-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY         | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11249.13     | 0.05%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC         | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    130000 | PA      | $88296.21     | 0.43%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA               | Ecopetrol SA                                                                     | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     25000 | PA      | $19096.00     | 0.09%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV    | Fidelity National Information Services Inc                                       | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14448.36     | 0.07%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP     | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $99138.60     | 0.48%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT   | Western Midstream Operating LP                                                   | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4153.60      | 0.02%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC       | Smithfield Foods Inc                                                             | CUSIP: 832248BC1<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |    190000 | PA      | $144664.67    | 0.70%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING      | Athene Global Funding                                                            | CUSIP: 04685A2R1<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     95000 | PA      | $73423.91     | 0.35%             | 2030-11-19      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC           | T-Mobile USA Inc                                                                 | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    130000 | PA      | $114500.04    | 0.55%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC      | Uber Technologies Inc                                                            | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25017.50     | 0.12%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP               | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52524.78     | 0.25%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATI INC                    | ATI Inc                                                                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23907.13     | 0.12%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE               | AES Corp/The                                                                     | CUSIP: 00130HCC7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4410.00      | 0.02%             | 2030-07-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corp       | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48498.82     | 0.23%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE     | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |     20000 | PA      | $18658.47     | 0.09%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $122124.07    | 0.59%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC      | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $41342.72     | 0.20%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L   | First Quantum Minerals Ltd                                                       | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $187644.65    | 0.91%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Bill                                                      | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    205000 | PA      | $204349.58    | 0.99%             | 2023-02-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SITE Centers Corp          | SITE Centers Corp                                                                | CUSIP: 23317HAD4<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | DBT              |  | US        |     75000 | PA      | $70784.42     | 0.34%             | 2025-02-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA     | Santander Holdings USA Inc                                                       | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    115000 | PA      | $106727.60    | 0.52%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP    | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58204.30     | 0.28%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE        | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8516.90      | 0.04%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE     | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAL9<br>LEI: N/A                  | Long             | DBT              |  | US        |     85000 | PA      | $74496.91     | 0.36%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY      | Wells Fargo & Co                                                                 | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |        83 | NS      | $98355.00     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                | Netflix Inc                                                                      | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9655.86      | 0.05%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 91282CBG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1400000 | PA      | $1395780.86   | 6.74%             | 2023-01-31      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING      | Athene Global Funding                                                            | CUSIP: 04685A3F6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50743.62     | 0.24%             | 2025-01-07      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC    | Jefferies Financial Group Inc                                                    | CUSIP: 472319AM4<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175364.87    | 0.85%             | 2043-01-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR   | Occidental Petroleum Corp                                                        | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5645.02      | 0.03%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP        | FS KKR Capital Corp                                                              | CUSIP: 302635AK3<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     40000 | PA      | $32246.78     | 0.16%             | 2028-10-12      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd              | Aircastle Ltd                                                                    | CUSIP: 00928QAQ4<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    125000 | PA      | $120831.15    | 0.58%             | 2024-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR   | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16592.53     | 0.08%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP        | FS KKR Capital Corp                                                              | CUSIP: 302635AG2<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31036.36     | 0.15%             | 2026-01-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| CORPORATE OFFICE PROP LP   | Corporate Office Properties LP                                                   | CUSIP: 22003BAM8<br>LEI: H0TWO5VRNEP6CQAWPX27 | Long             | DBT              |  | US        |     10000 | PA      | $7484.02      | 0.04%             | 2031-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP               | Centene Corp                                                                     | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16394.98     | 0.08%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC   | iHeartCommunications Inc                                                         | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |     85000 | PA      | $69218.90     | 0.33%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    155000 | PA      | $107785.55    | 0.52%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE     | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              |  | US        |      5000 | PA      | $4705.39      | 0.02%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC              | Wolfspeed Inc                                                                    | CUSIP: 977852AC6<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9005.00      | 0.04%             | 2029-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC           | T-Mobile USA Inc                                                                 | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     65000 | PA      | $56146.96     | 0.27%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO        | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62195.28     | 0.30%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD            | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     10000 | PA      | $7382.21      | 0.04%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES      | Continental Resources Inc/OK                                                     | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93086.03     | 0.45%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRIXMOR OPERATING PART     | Brixmor Operating Partnership LP                                                 | CUSIP: 11120VAJ2<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              |  | US        |    115000 | PA      | $100602.57    | 0.49%             | 2030-07-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| EQT CORP                   | EQT Corp                                                                         | CUSIP: 26884LAL3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9387.58      | 0.05%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION   | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $12823.81     | 0.06%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                | Oracle Corp                                                                      | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31138.98     | 0.15%             | 2029-11-09      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP     | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $100360.00    | 0.48%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE   | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $18125.06     | 0.09%             | 2043-01-31      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 912810SQ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    135000 | PA      | $83837.11     | 0.40%             | 2040-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| CLARIVATE PLC              | Clarivate PLC                                                                    | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EP               | CORP              | JE        |       273 | NS      | $10341.24     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO      | Southwest Airlines Co                                                            | CUSIP: 844741BG2<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |     85000 | PA      | $102085.00    | 0.49%             | 2025-05-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL    | BioMarin Pharmaceutical Inc                                                      | CUSIP: 09061GAK7<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    195000 | PA      | $209539.36    | 1.01%             | 2027-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA   | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $134901.89    | 0.65%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC          | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16483.80     | 0.08%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC           | Crown Castle Inc                                                                 | CUSIP: 22822VAY7<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              |  | US        |     80000 | PA      | $64468.50     | 0.31%             | 2031-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CE3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3602.98      | 0.02%             | 2039-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC   | Celanese US Holdings LLC                                                         | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9509.48      | 0.05%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley             | Morgan Stanley                                                                   | CUSIP: 61746BEF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    390000 | PA      | $367775.87    | 1.78%             | 2027-01-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP   | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $3682.74      | 0.02%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                | Vistra Operations Co LLC                                                         | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18236.43     | 0.09%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CY9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43903.77     | 0.21%             | 2030-05-01      | Fixed         | 5.15%                 | 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        |    125000 | PA      | $111925.74    | 0.54%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CQ6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24125.50     | 0.12%             | 2050-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3802.49      | 0.02%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP             | Air Lease Corp                                                                   | CUSIP: 00914AAK8<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $87013.14     | 0.42%             | 2030-12-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE   | Caterpillar Financial Services Corp                                              | CUSIP: 14913R2S5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |     90000 | PA      | $86819.82     | 0.42%             | 2024-01-10      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023BR5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18003.90     | 0.09%             | 2026-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE        | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8878.18      | 0.04%             | 2026-12-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC       | Freeport-McMoRan Inc                                                             | CUSIP: 35671DCH6<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32598.81     | 0.16%             | 2030-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United States Treasury     | United States Treasury Note/Bond                                                 | CUSIP: 91282CDA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    805000 | PA      | $778240.04    | 3.76%             | 2023-09-30      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| IPALCO ENTERPRISES INC     | IPALCO Enterprises Inc                                                           | CUSIP: 462613AP5<br>LEI: 5493000YFVK2DZX0JV43 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17767.47     | 0.09%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| S&P GLOBAL INC             | S&P Global Inc                                                                   | CUSIP: 78409VAZ7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52488.15     | 0.25%             | 2029-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC    | Goldman Sachs Group Inc/The                                                      | CUSIP: 38141GZH0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    120000 | PA      | $114858.34    | 0.55%             | 2025-01-24      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA   | Scientific Games International Inc                                               | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52465.05     | 0.25%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EQT CORP                   | EQT Corp                                                                         | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9946.27      | 0.05%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE   | Plains All American Pipeline LP / PAA Finance Corp                               | CUSIP: 72650RBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $13036.22     | 0.06%             | 2030-09-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD              | Aircastle Ltd                                                                    | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     15000 | PA      | $11550.00     | 0.06%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC    | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4887.50      | 0.02%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006     | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     45000 | PA      | $37425.76     | 0.18%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS   | Targa Resources Partners LP / Targa Resources Partners Finance Corp              | CUSIP: 87612BBU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $12609.90     | 0.06%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE SECURED LEND    | Blackstone Secured Lending Fund                                                  | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    115000 | PA      | $95221.84     | 0.46%             | 2027-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CB9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6863.97      | 0.03%             | 2048-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENERGY INC     | Diamondback Energy Inc                                                           | CUSIP: 25278XAR0<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16561.22     | 0.08%             | 2031-03-24      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC   | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $59432.86     | 0.29%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| OAKTREE SPECIALTY LEND     | Oaktree Specialty Lending Corp                                                   | CUSIP: 67401PAC2<br>LEI: 549300J6MGCEU5928620 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25473.73     | 0.12%             | 2027-01-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL     | Marriott International Inc/MD                                                    | CUSIP: 571903BD4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3025.86      | 0.01%             | 2025-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                | Gartner Inc                                                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4393.60      | 0.02%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP     | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $28374.50     | 0.14%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP       | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9508.80      | 0.05%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| FMC CORP                   | FMC Corp                                                                         | CUSIP: 302491AU9<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13221.23     | 0.06%             | 2029-10-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC               | Broadcom Inc                                                                     | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48473.74     | 0.23%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP   | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |     15000 | PA      | $12600.44     | 0.06%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CF Industries Inc          | CF Industries Inc                                                                | CUSIP: 12527GAH6<br>LEI: 5FVKT86LAD2F40NPC183 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67753.84     | 0.33%             | 2026-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC      | Bausch Health Cos Inc                                                            | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $26399.69     | 0.13%             | 2028-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR   | Occidental Petroleum Corp                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29887.50     | 0.14%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CDW LLC/CDW FINANCE        | CDW LLC / CDW Finance Corp                                                       | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $74163.26     | 0.36%             | 2031-12-01      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE     | VICI Properties LP / VICI Note Co Inc                                            | CUSIP: 92564RAG0<br>LEI: N/A                  | Long             | DBT              |  | US        |      5000 | PA      | $4793.75      | 0.02%             | 2025-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SPLUNK INC                 | Splunk Inc                                                                       | CUSIP: 848637AF1<br>LEI: 549300XGDSGBP6UEI867 | Long             | DBT              | CORP              | US        |     60000 | PA      | $50628.00     | 0.24%             | 2027-06-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC               | Barclays PLC                                                                     | CUSIP: 06738EBP9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $152188.92    | 0.73%             | 2035-09-23      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP   | Charter Communications Operating LLC / Charter Communications Operating Capital  | CUSIP: 161175BT0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $108892.36    | 0.53%             | 2050-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                | Netflix Inc                                                                      | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5067.65      | 0.02%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP         | Energy Transfer LP                                                               | CUSIP: 29273VAQ3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34242.60     | 0.17%             | 2033-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP               | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31029.78     | 0.15%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT   | Western Midstream Operating LP                                                   | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8238.00      | 0.04%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SPOTIFY USA INC            | Spotify USA Inc                                                                  | CUSIP: 84921RAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $20125.00     | 0.10%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOEING CO                  | Boeing Co/The                                                                    | CUSIP: 097023CK9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     15000 | PA      | $10532.47     | 0.05%             | 2049-05-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC           | T-Mobile USA Inc                                                                 | CUSIP: 87264ABF1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    265000 | PA      | $240040.91    | 1.16%             | 2030-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                | Netflix Inc                                                                      | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4850.00      | 0.02%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC          | NatWest Group PLC                                                                | CUSIP: 639057AC2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $173092.29    | 0.84%             | 2027-06-14      | Fixed         | 1.64%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN      | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $105294.00    | 0.51%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP       | Western Digital Corp                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23210.10     | 0.11%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| NUTANIX INC                | Nutanix Inc                                                                      | CUSIP: 67059NAH1<br>LEI: 549300X7J6E8TKVIXW09 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20912.50     | 0.10%             | 2027-10-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP          | Ares Capital Corp                                                                | CUSIP: 04010LBC6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |     60000 | PA      | $44031.00     | 0.21%             | 2031-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP       | JetBlue Airways Corp                                                             | CUSIP: 477143AP6<br>LEI: 54930070J9H97ZO93T57 | Long             | DBT              | CORP              | US        |     20000 | PA      | $14581.54     | 0.07%             | 2026-04-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC     | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $48129.90     | 0.23%             | 2030-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING      | Athene Global Funding                                                            | CUSIP: 04685A2Z3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43128.54     | 0.21%             | 2026-06-29      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELECTRIC     | Pacific Gas and Electric Co                                                      | CUSIP: 694308KF3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14791.63     | 0.07%             | 2027-06-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC               | Tapestry Inc                                                                     | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7783.05      | 0.04%             | 2032-03-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP      | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4390.71      | 0.02%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO        | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $41859.60     | 0.20%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** LOOMIS SAYLES FUNDS II

**Signature:** John Sgroi

**Name of Signer:** John Sgroi

**Title:** Assistant Treasurer