# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-25-176682
**Filing Date:** 2025-7
**Character Count:** 204913
**Document Hash:** a7582fa97dc5fd6f0e9db8bab91eab26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176682.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176682

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 251146270

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Enhanced High Yield ETF (Series ID: S000062078)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000201027 | Fidelity Enhanced High Yield ETF | FDHY            |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Enhanced High Yield ETF**

**May 31, 2025**

HIE-NPRT3-0725

1.9887639.106 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 0.0%** | &nbsp;&nbsp;**Common Stocks - 0.0%** | &nbsp;&nbsp;**Common Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| New Fortress Energy Inc <br>(Cost $106,229)<br>| 11196 | **27878** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 97.8%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 97.8%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 97.8%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 2.1%  |  |  |
| Materials - 2.1% |  |  |
| Chemicals - 0.1% |  |  |
| Nufarm Australia Ltd / Nufarm Americas Inc 5% 1/27/2030 (b) | 605000 | 554978 |
| Metals & Mining - 2.0% |  |  |
| FMG Resources August 2006 Pty Ltd 4.375% 4/1/2031 (b) | 1000000 | 918034 |
| FMG Resources August 2006 Pty Ltd 5.875% 4/15/2030 (b) | 1458000 | 1456799 |
| FMG Resources August 2006 Pty Ltd 6.125% 4/15/2032 (b) | 500000 | 498779 |
| Mineral Resources Ltd 8.5% 5/1/2030 (b) | 4104000 | 4065007 |
| Perenti Finance Pty Ltd 6.5% 10/7/2025 (b) | 131877 | 131746 |
|  |  | 7070365 |
| TOTAL AUSTRALIA |  | 7625343 |
| AUSTRIA - 0.4%  |  |  |
| Information Technology - 0.4% |  |  |
| Semiconductors & Semiconductor Equipment - 0.4% |  |  |
| ams-OSRAM AG 12.25% 3/30/2029 (b) | 1350000 | 1407316 |
| BAILIWICK OF JERSEY - 0.5%  |  |  |
| Consumer Discretionary - 0.5% |  |  |
| Automobiles - 0.5% |  |  |
| Aston Martin Capital Holdings Ltd 10% 3/31/2029 (b) | 2101000 | 1968996 |
| BRAZIL - 0.7%  |  |  |
| Energy - 0.7% |  |  |
| Oil, Gas & Consumable Fuels - 0.7% |  |  |
| Karoon USA Finance Inc 10.5% 5/14/2029 (b)(c) | 2412000 | 2410416 |
| CANADA - 7.5%  |  |  |
| Consumer Discretionary - 2.6% |  |  |
| Hotels, Restaurants & Leisure - 1.2% |  |  |
| 1011778 BC ULC / New Red Finance Inc 4% 10/15/2030 (b) | 2750000 | 2529086 |
| 1011778 BC ULC / New Red Finance Inc 6.125% 6/15/2029 (b) | 2000000 | 2039658 |
|  |  | 4568744 |
| Household Durables - 1.4% |  |  |
| Brookfield Residential Properties Inc / Brookfield Residential US LLC 4.875% 2/15/2030 (b) | 3000000 | 2610000 |
| Brookfield Residential Properties Inc / Brookfield Residential US LLC 5% 6/15/2029 (b) | 2500000 | 2236910 |
| Empire Communities Corp 9.75% 5/1/2029 (b) | 134000 | 134502 |
|  |  | 4981412 |
| TOTAL CONSUMER DISCRETIONARY |  | 9550156 |
| Energy - 0.8% |  |  |
| Oil, Gas & Consumable Fuels - 0.8% |  |  |
| Parkland Corp 6.625% 8/15/2032 (b) | 1000000 | 1002219 |
| Strathcona Resources Ltd/Alberta 6.875% 8/1/2026 (b) | 2000000 | 2006498 |
|  |  | 3008717 |
| Financials - 1.3% |  |  |
| Consumer Finance - 1.3% |  |  |
| goeasy Ltd 7.375% 10/1/2030 (b) | 1325000 | 1323818 |
| goeasy Ltd 7.625% 7/1/2029 (b) | 2030000 | 2050858 |
| goeasy Ltd 9.25% 12/1/2028 (b) | 1275000 | 1339065 |
|  |  | 4713741 |
| Industrials - 0.4% |  |  |
| Aerospace & Defense - 0.3% |  |  |
| Bombardier Inc 6.75% 6/15/2033 (b) | 330000 | 334624 |
| Bombardier Inc 7.25% 7/1/2031 (b) | 430000 | 443438 |
| Bombardier Inc 7.5% 2/1/2029 (b) | 347000 | 359167 |
|  |  | 1137229 |
| Machinery - 0.1% |  |  |
| ATS Corp 4.125% 12/15/2028 (b) | 458000 | 431254 |
| TOTAL INDUSTRIALS |  | 1568483 |
| Information Technology - 0.4% |  |  |
| Software - 0.4% |  |  |
| Dye & Durham Ltd 8.625% 4/15/2029 (b) | 1525000 | 1582011 |
| Materials - 1.3% |  |  |
| Metals & Mining - 1.3% |  |  |
| Algoma Steel Inc 9.125% 4/15/2029 (b) | 1435000 | 1241103 |
| Capstone Copper Corp 6.75% 3/31/2033 (b) | 460000 | 459915 |
| Hudbay Minerals Inc 4.5% 4/1/2026 (b) | 282000 | 279494 |
| New Gold Inc 6.875% 4/1/2032 (b) | 460000 | 469898 |
| Taseko Mines Ltd 8.25% 5/1/2030 (b) | 2130000 | 2188425 |
|  |  | 4638835 |
| Utilities - 0.7% |  |  |
| Electric Utilities - 0.5% |  |  |
| Emera Inc 6.75% 6/15/2076 (d) | 1725000 | 1733473 |
| Gas Utilities - 0.2% |  |  |
| AltaGas Ltd 7.2% 10/15/2054 (b)(d) | 1000000 | 978038 |
| TOTAL UTILITIES |  | 2711511 |
| TOTAL CANADA |  | 27773454 |
| COTE D'IVOIRE - 0.2%  |  |  |
| Materials - 0.2% |  |  |
| Metals & Mining - 0.2% |  |  |
| Endeavour Mining PLC 7% 5/28/2030 (b) | 700000 | 696164 |
| FINLAND - 0.6%  |  |  |
| Consumer Discretionary - 0.6% |  |  |
| Leisure Products - 0.6% |  |  |
| Amer Sports Co 6.75% 2/16/2031 (b)(c) | 2037000 | 2117900 |
| FRANCE - 0.1%  |  |  |
| Energy - 0.1% |  |  |
| Energy Equipment & Services - 0.1% |  |  |
| Viridien 10% 10/15/2030 (b) | 440000 | 415215 |
| GERMANY - 0.9%  |  |  |
| Materials - 0.9% |  |  |
| Paper & Forest Products - 0.9% |  |  |
| Mercer International Inc 12.875% 10/1/2028 (b)(c) | 2450000 | 2436731 |
| Mercer International Inc 5.125% 2/1/2029  | 1000000 | 794934 |
| TOTAL GERMANY |  | 3231665 |
| GRAND CAYMAN (UK OVERSEAS TER) - 0.6%  |  |  |
| Financials - 0.6% |  |  |
| Financial Services - 0.6% |  |  |
| Global Aircraft Leasing Co Ltd 8.75% 9/1/2027 (b) | 2265000 | 2290448 |
| GUATEMALA - 0.7%  |  |  |
| Communication Services - 0.7% |  |  |
| Wireless Telecommunication Services - 0.7% |  |  |
| Millicom International Cellular SA 4.5% 4/27/2031 (b) | 2255000 | 2006950 |
| Millicom International Cellular SA 7.375% 4/2/2032 (b) | 500000 | 505438 |
| TOTAL GUATEMALA |  | 2512388 |
| IRELAND - 0.0%  |  |  |
| Financials - 0.0% |  |  |
| Financial Services - 0.0% |  |  |
| GGAM Finance Ltd 6.875% 4/15/2029 (b) | 380000 | 387102 |
| ISRAEL - 0.3%  |  |  |
| Energy - 0.3% |  |  |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| Energean PLC 6.5% 4/30/2027 (b) | 1000000 | 977500 |
| ITALY - 1.0%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Telecom Italia Capital SA 7.2% 7/18/2036  | 450000 | 467717 |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| UniCredit SpA 5.459% 6/30/2035 (b)(d) | 150000 | 146717 |
| UniCredit SpA 7.296% 4/2/2034 (b)(d) | 328693 | 344206 |
|  |  | 490923 |
| Information Technology - 0.8% |  |  |
| Communications Equipment - 0.8% |  |  |
| Fibercop SpA 7.2% 7/18/2036 (b) | 2978000 | 2866325 |
| TOTAL ITALY |  | 3824965 |
| JAPAN - 0.6%  |  |  |
| Consumer Discretionary - 0.6% |  |  |
| Broadline Retail - 0.6% |  |  |
| Rakuten Group Inc 11.25% 2/15/2027 (b) | 950000 | 1024090 |
| Rakuten Group Inc 9.75% 4/15/2029 (b) | 1000000 | 1069826 |
| TOTAL JAPAN |  | 2093916 |
| LUXEMBOURG - 0.3%  |  |  |
| Communication Services - 0.3% |  |  |
| Wireless Telecommunication Services - 0.3% |  |  |
| Intelsat Jackson Holdings SA 6.5% 3/15/2030 (b) | 1000000 | 983389 |
| SWEDEN - 0.1%  |  |  |
| Industrials - 0.1% |  |  |
| Commercial Services & Supplies - 0.1% |  |  |
| Stena International SA 7.625% 2/15/2031 (b) | 522000 | 528815 |
| TANZANIA - 0.5%  |  |  |
| Information Technology - 0.5% |  |  |
| Communications Equipment - 0.5% |  |  |
| HTA Group Ltd/Mauritius 7.5% 6/4/2029 (b) | 2000000 | 2033060 |
| TURKEY - 0.4%  |  |  |
| Materials - 0.4% |  |  |
| Metals & Mining - 0.4% |  |  |
| Eldorado Gold Corp 6.25% 9/1/2029 (b) | 1417000 | 1396454 |
| UNITED KINGDOM - 3.4%  |  |  |
| Communication Services - 0.4% |  |  |
| Media - 0.4% |  |  |
| Virgin Media Secured Finance PLC 5.5% 5/15/2029 (b) | 1550000 | 1507351 |
| Consumer Discretionary - 1.4% |  |  |
| Specialty Retail - 1.4% |  |  |
| Belron UK Finance PLC 5.75% 10/15/2029 (b) | 2200000 | 2205920 |
| Jaguar Land Rover Automotive PLC 4.5% 10/1/2027 (b) | 2000000 | 1954704 |
| Jaguar Land Rover Automotive PLC 5.875% 1/15/2028 (b) | 1000000 | 999509 |
|  |  | 5160133 |
| Energy - 0.9% |  |  |
| Oil, Gas & Consumable Fuels - 0.9% |  |  |
| EnQuest PLC 11.625% 11/1/2027 (b) | 2114000 | 2095342 |
| Ithaca Energy North Sea PLC 8.125% 10/15/2029 (b) | 1255000 | 1258325 |
|  |  | 3353667 |
| Financials - 0.7% |  |  |
| Capital Markets - 0.4% |  |  |
| Marex Group PLC 5.829% 5/8/2028  | 1000000 | 1004420 |
| Financial Services - 0.1% |  |  |
| Zegona Finance PLC 8.625% 7/15/2029 (b) | 500000 | 532500 |
| Insurance - 0.2% |  |  |
| Ardonagh Finco Ltd 7.75% 2/15/2031 (b) | 324000 | 335024 |
| Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC 7.25% 2/15/2031 (b) | 550000 | 564625 |
|  |  | 899649 |
| TOTAL FINANCIALS |  | 2436569 |
| TOTAL UNITED KINGDOM |  | 12457720 |
| UNITED STATES - 76.9%  |  |  |
| Communication Services - 6.6% |  |  |
| Diversified Telecommunication Services - 0.8% |  |  |
| Cogent Communications Group LLC 7% 6/15/2027 (b)(c) | 2653000 | 2667280 |
| Lumen Technologies Inc 10% 10/15/2032 (b)(c) | 250000 | 256400 |
|  |  | 2923680 |
| Entertainment - 1.2% |  |  |
| Cinemark USA Inc 5.25% 7/15/2028 (b) | 115000 | 113451 |
| Live Nation Entertainment Inc 4.75% 10/15/2027 (b) | 3775000 | 3716192 |
| Live Nation Entertainment Inc 6.5% 5/15/2027 (b) | 500000 | 505926 |
|  |  | 4335569 |
| Media - 4.6% |  |  |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.25% 1/15/2034 (b)(c) | 2136000 | 1843866 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.25% 2/1/2031 (b) | 75000 | 68693 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.5% 6/1/2033 (b)(c) | 1040000 | 924999 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.75% 2/1/2032 (b)(c) | 995000 | 921093 |
| Directv Financing LLC / Directv Financing Co-Obligor Inc 10% 2/15/2031 (b) | 1800000 | 1752034 |
| Directv Financing LLC / Directv Financing Co-Obligor Inc 5.875% 8/15/2027 (b) | 2133000 | 2099530 |
| Directv Financing LLC 8.875% 2/1/2030 (b) | 2491000 | 2453793 |
| DISH Network Corp 11.75% 11/15/2027 (b) | 1000000 | 1031711 |
| EchoStar Corp 10.75% 11/30/2029  | 1500000 | 1507500 |
| Gray Media Inc 7% 5/15/2027 (b) | 30000 | 29793 |
| Lamar Media Corp 3.625% 1/15/2031  | 1820000 | 1653427 |
| McGraw-Hill Education Inc 7.375% 9/1/2031 (b)(c) | 500000 | 514458 |
| Nexstar Media Inc 4.75% 11/1/2028 (b)(c) | 1302000 | 1252639 |
| Nexstar Media Inc 5.625% 7/15/2027 (b) | 660000 | 657361 |
| Outfront Media Capital LLC / Outfront Media Capital Corp 4.25% 1/15/2029 (b) | 105000 | 99305 |
| TEGNA Inc 5% 9/15/2029 (c) | 391000 | 372434 |
|  |  | 17182636 |
| TOTAL COMMUNICATION SERVICES |  | 24441885 |
| Consumer Discretionary - 12.4% |  |  |
| Automobile Components - 2.5% |  |  |
| Aptiv Swiss Holdings Ltd 6.875% 12/15/2054 (d) | 3000000 | 2938263 |
| Garrett Motion Holdings Inc / Garrett LX I Sarl 7.75% 5/31/2032 (b) | 2350000 | 2398032 |
| Patrick Industries Inc 4.75% 5/1/2029 (b)(c) | 886000 | 849764 |
| Patrick Industries Inc 6.375% 11/1/2032 (b) | 1000000 | 985652 |
| Phinia Inc 6.625% 10/15/2032 (b) | 2104000 | 2091392 |
|  |  | 9263103 |
| Automobiles - 0.2% |  |  |
| Thor Industries Inc 4% 10/15/2029 (b)(c) | 707000 | 653519 |
| Broadline Retail - 0.2% |  |  |
| Evergreen Acqco 1 LP / TVI Inc 9.75% 4/26/2028 (b) | 517000 | 541080 |
| Kohl's Corp 5.55% 7/17/2045  | 750000 | 365873 |
|  |  | 906953 |
| Diversified Consumer Services - 0.2% |  |  |
| WASH Multifamily Acquisition Inc 5.75% 4/15/2026 (b)(c) | 601000 | 599570 |
| Hotels, Restaurants & Leisure - 4.9% |  |  |
| Carnival Corp 5.75% 3/15/2030 (b) | 600000 | 601407 |
| Churchill Downs Inc 5.5% 4/1/2027 (b) | 417000 | 415551 |
| International Game Technology PLC 4.125% 4/15/2026 (b) | 205000 | 203481 |
| Las Vegas Sands Corp 5.625% 6/15/2028  | 1000000 | 1002263 |
| Light & Wonder International Inc 7% 5/15/2028 (b) | 1517000 | 1518449 |
| Light & Wonder International Inc 7.25% 11/15/2029 (b) | 45000 | 46298 |
| Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp 4.875% 5/1/2029 (b) | 1072000 | 1027186 |
| Resorts World Las Vegas LLC / RWLV Capital Inc 4.625% 4/6/2031 (b) | 1250000 | 1009379 |
| Resorts World Las Vegas LLC / RWLV Capital Inc 8.45% 7/27/2030 (b) | 3646000 | 3588148 |
| Royal Caribbean Cruises Ltd 5.5% 8/31/2026 (b) | 1663000 | 1663238 |
| Royal Caribbean Cruises Ltd 5.625% 9/30/2031 (b) | 1500000 | 1482579 |
| Travel + Leisure Co 4.5% 12/1/2029 (b)(c) | 2455000 | 2332748 |
| Viking Cruises Ltd 9.125% 7/15/2031 (b) | 300000 | 322102 |
| Wyndham Hotels & Resorts Inc 4.375% 8/15/2028 (b) | 1060000 | 1025700 |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp 6.25% 3/15/2033 (b)(c) | 1000000 | 989043 |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp 7.125% 2/15/2031 (b)(c) | 577000 | 605190 |
|  |  | 17832762 |
| Household Durables - 2.9% |  |  |
| Installed Building Products Inc 5.75% 2/1/2028 (b) | 750000 | 745061 |
| K Hovnanian Enterprises Inc 11.75% 9/30/2029 (b) | 2883000 | 3105135 |
| Landsea Homes Corp 8.875% 4/1/2029 (b) | 1006000 | 1047681 |
| LGI Homes Inc 4% 7/15/2029 (b)(c) | 883000 | 782015 |
| LGI Homes Inc 7% 11/15/2032 (b)(c) | 500000 | 464320 |
| LGI Homes Inc 8.75% 12/15/2028 (b) | 900000 | 926232 |
| Somnigroup International Inc 3.875% 10/15/2031 (b) | 3453000 | 3073086 |
| Whirlpool Corp 5.5% 3/1/2033 (c) | 800000 | 753911 |
|  |  | 10897441 |
| Specialty Retail - 1.0% |  |  |
| Bath & Body Works Inc 6.875% 11/1/2035  | 187000 | 188331 |
| Sonic Automotive Inc 4.625% 11/15/2029 (b)(c) | 453000 | 432721 |
| Upbound Group Inc 6.375% 2/15/2029 (b) | 2505000 | 2396845 |
| Victoria's Secret & Co 4.625% 7/15/2029 (b)(c) | 750000 | 683542 |
|  |  | 3701439 |
| Textiles, Apparel & Luxury Goods - 0.5% |  |  |
| William Carter Co/The 5.625% 3/15/2027 (b)(c) | 2000000 | 1986367 |
| TOTAL CONSUMER DISCRETIONARY |  | 45841154 |
| Consumer Staples - 2.1% |  |  |
| Beverages - 0.3% |  |  |
| Primo Water Holdings Inc / Triton Water Holdings Inc 4.375% 4/30/2029 (b) | 1000000 | 959750 |
| Consumer Staples Distribution & Retail - 0.5% |  |  |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 6.25% 3/15/2033 (b) | 195000 | 197960 |
| Performance Food Group Inc 4.25% 8/1/2029 (b) | 1801000 | 1716593 |
| US Foods Inc 4.75% 2/15/2029 (b) | 45000 | 44005 |
|  |  | 1958558 |
| Food Products - 1.2% |  |  |
| B&G Foods Inc 8% 9/15/2028 (b) | 300000 | 282733 |
| Post Holdings Inc 4.625% 4/15/2030 (b) | 40000 | 37854 |
| Post Holdings Inc 6.25% 2/15/2032 (b) | 2977000 | 3026758 |
| Post Holdings Inc 6.375% 3/1/2033 (b)(c) | 1122000 | 1113800 |
|  |  | 4461145 |
| Household Products - 0.1% |  |  |
| Energizer Holdings Inc 4.75% 6/15/2028 (b) | 573000 | 552527 |
| TOTAL CONSUMER STAPLES |  | 7931980 |
| Energy - 7.9% |  |  |
| Energy Equipment & Services - 0.8% |  |  |
| Noble Finance II LLC 8% 4/15/2030 (b) | 685000 | 682565 |
| Nustar Logistics LP 5.625% 4/28/2027  | 160000 | 160398 |
| Transocean Inc 8.75% 2/15/2030 (b) | 560000 | 567703 |
| Valaris Ltd 8.375% 4/30/2030 (b) | 1742000 | 1748771 |
|  |  | 3159437 |
| Oil, Gas & Consumable Fuels - 7.1% |  |  |
| Alliance Resource Operating Partners LP / Alliance Resource Finance Corp 8.625% 6/15/2029 (b) | 712000 | 744211 |
| Blue Racer Midstream LLC / Blue Racer Finance Corp 7% 7/15/2029 (b) | 855000 | 883366 |
| California Resources Corp 8.25% 6/15/2029 (b) | 1795000 | 1798254 |
| CITGO Petroleum Corp 6.375% 6/15/2026 (b) | 715000 | 714656 |
| Comstock Resources Inc 6.75% 3/1/2029 (b) | 2078000 | 2040498 |
| Comstock Resources Inc 6.75% 3/1/2029 (b) | 350000 | 344969 |
| CQP Holdco LP / BIP-V Chinook Holdco LLC 7.5% 12/15/2033 (b) | 365000 | 386427 |
| CVR Energy Inc 8.5% 1/15/2029 (b) | 500000 | 488021 |
| Delek Logistics Partners LP / Delek Logistics Finance Corp 7.125% 6/1/2028 (b) | 620000 | 622605 |
| Delek Logistics Partners LP / Delek Logistics Finance Corp 8.625% 3/15/2029 (b) | 2768000 | 2866729 |
| EQT Corp 6.375% 4/1/2029 (b) | 1000000 | 1023953 |
| Genesis Energy LP / Genesis Energy Finance Corp 8.25% 1/15/2029  | 600000 | 620834 |
| Global Partners LP / GLP Finance Corp 8.25% 1/15/2032 (b)(c) | 335000 | 348243 |
| Harvest Midstream I LP 7.5% 5/15/2032 (b) | 565000 | 580496 |
| Harvest Midstream I LP 7.5% 9/1/2028 (b) | 50000 | 50770 |
| Kinetik Holdings LP 6.625% 12/15/2028 (b) | 735000 | 749592 |
| Moss Creek Resources Holdings Inc 8.25% 9/1/2031 (b) | 700000 | 674944 |
| Murphy Oil USA Inc 3.75% 2/15/2031 (b)(c) | 1250000 | 1132286 |
| NGL Energy Operating LLC / NGL Energy Finance Corp 8.125% 2/15/2029 (b)(c) | 1550000 | 1515096 |
| Northern Oil & Gas Inc 8.125% 3/1/2028 (b)(c) | 1301000 | 1306299 |
| Northern Oil & Gas Inc 8.75% 6/15/2031 (b)(c) | 2107000 | 2123797 |
| Summit Midstream Holdings LLC 8.625% 10/31/2029 (b) | 1819000 | 1823082 |
| TGNR Intermediate Holdings LLC 5.5% 10/15/2029 (b) | 1750000 | 1652588 |
| Venture Global LNG Inc 9.5% 2/1/2029 (b) | 650000 | 694945 |
| Venture Global LNG Inc 9.875% 2/1/2032 (b) | 972000 | 1034058 |
|  |  | 26220719 |
| TOTAL ENERGY |  | 29380156 |
| Financials - 9.8% |  |  |
| Capital Markets - 1.3% |  |  |
| Acadian Asset Management Inc 4.8% 7/27/2026  | 1770000 | 1759444 |
| AG TTMT Escrow Issuer LLC 8.625% 9/30/2027 (b) | 640000 | 664397 |
| Focus Financial Partners LLC 6.75% 9/15/2031 (b) | 641000 | 648459 |
| Prospect Capital Corp 3.364% 11/15/2026 (c) | 2000000 | 1885849 |
|  |  | 4958149 |
| Consumer Finance - 4.4% |  |  |
| Bread Financial Holdings Inc 8.375% 6/15/2035 (b)(d) | 1870000 | 1815603 |
| Bread Financial Holdings Inc 9.75% 3/15/2029 (b) | 2150000 | 2292300 |
| Credit Acceptance Corp 6.625% 3/15/2030 (b) | 500000 | 498048 |
| Credit Acceptance Corp 9.25% 12/15/2028 (b) | 450000 | 476166 |
| Enova International Inc 9.125% 8/1/2029 (b)(c) | 3750000 | 3852420 |
| FirstCash Inc 5.625% 1/1/2030 (b) | 794000 | 788418 |
| OneMain Finance Corp 3.875% 9/15/2028 (c) | 1857000 | 1741251 |
| OneMain Finance Corp 6.625% 1/15/2028  | 731000 | 744557 |
| OneMain Finance Corp 6.75% 3/15/2032 (c) | 750000 | 745466 |
| OneMain Finance Corp 7.125% 9/15/2032 (e) | 925000 | 930755 |
| OneMain Finance Corp 7.875% 3/15/2030  | 450000 | 470249 |
| PROG Holdings Inc 6% 11/15/2029 (b) | 750000 | 712453 |
| Synchrony Financial 7.25% 2/2/2033 (c) | 1000000 | 1022018 |
|  |  | 16089704 |
| Financial Services - 1.9% |  |  |
| Block Inc 2.75% 6/1/2026  | 1000000 | 975130 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 4.375% 2/1/2029  | 347000 | 283427 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25% 5/15/2027  | 150000 | 142737 |
| Jefferson Capital Holdin 9.5% 2/15/2029 (b) | 500000 | 530342 |
| NFE Financing LLC 12% 11/15/2029 (b) | 650000 | 278868 |
| PennyMac Financial Services Inc 5.75% 9/15/2031 (b)(c) | 900000 | 866782 |
| PennyMac Financial Services Inc 6.875% 5/15/2032 (b) | 1100000 | 1105170 |
| PennyMac Financial Services Inc 7.875% 12/15/2029 (b) | 1115000 | 1174408 |
| Shift4 Payments LLC / Shift4 Payments Finance Sub Inc 6.75% 8/15/2032 (b)(c) | 1135000 | 1158037 |
| Windstream Services LLC / Windstream Escrow Finance Corp 8.25% 10/1/2031 (b) | 500000 | 520373 |
|  |  | 7035274 |
| Insurance - 1.0% |  |  |
| Acrisure LLC / Acrisure Finance Inc 7.5% 11/6/2030 (b) | 1055000 | 1088548 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 6.5% 10/1/2031 (b) | 500000 | 504002 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 7% 1/15/2031 (b) | 725000 | 741562 |
| AmWINS Group Inc 6.375% 2/15/2029 (b) | 500000 | 507005 |
| Panther Escrow Issuer LLC 7.125% 6/1/2031 (b) | 854000 | 883466 |
|  |  | 3724583 |
| Mortgage Real Estate Investment Trusts (REITs) - 1.2% |  |  |
| Apollo Commercial Real Estate Finance Inc 4.625% 6/15/2029 (b)(c) | 1890000 | 1764899 |
| Rithm Capital Corp 8% 4/1/2029 (b) | 2250000 | 2255993 |
| Starwood Property Trust Inc 4.375% 1/15/2027 (b)(c) | 502000 | 493027 |
|  |  | 4513919 |
| TOTAL FINANCIALS |  | 36321629 |
| Health Care - 6.5% |  |  |
| Health Care Equipment & Supplies - 1.1% |  |  |
| Bausch + Lomb Corp 8.375% 10/1/2028 (b) | 853000 | 881883 |
| Insulet Corp 6.5% 4/1/2033 (b) | 165000 | 169662 |
| Medline Borrower LP 5.25% 10/1/2029 (b)(c) | 542000 | 529672 |
| Medline Borrower LP/Medline Co-Issuer Inc 6.25% 4/1/2029 (b) | 1630000 | 1658629 |
| Sotera Health Holdings LLC 7.375% 6/1/2031 (b)(c) | 992000 | 1030412 |
|  |  | 4270258 |
| Health Care Providers & Services - 2.7% |  |  |
| DaVita Inc 3.75% 2/15/2031 (b)(c) | 1000000 | 885716 |
| DaVita Inc 4.625% 6/1/2030 (b)(c) | 1949000 | 1821225 |
| DaVita Inc 6.75% 7/15/2033 (b) | 1850000 | 1869105 |
| DaVita Inc 6.875% 9/1/2032 (b) | 500000 | 507921 |
| Heartland Dental LLC / Heartland Dental Finance Corp 10.5% 4/30/2028 (b) | 1950000 | 2060705 |
| LifePoint Health Inc 11% 10/15/2030 (b) | 1600000 | 1758946 |
| LifePoint Health Inc 9.875% 8/15/2030 (b) | 342000 | 366414 |
| Prime Healthcare Services Inc 9.375% 9/1/2029 (b)(c) | 300000 | 304797 |
| Star Parent Inc 9% 10/1/2030 (b) | 200000 | 206714 |
| Tenet Healthcare Corp 5.125% 11/1/2027  | 99500 | 98881 |
|  |  | 9880424 |
| Pharmaceuticals - 2.7% |  |  |
| 1261229 BC Ltd 10% 4/15/2032 (b) | 1400000 | 1386024 |
| Bausch Health Cos Inc 11% 9/30/2028 (b) | 1000000 | 959465 |
| Bausch Health Cos Inc 4.875% 6/1/2028 (b) | 1825000 | 1489656 |
| Endo Finance Holdings Inc 8.5% 4/15/2031 (b)(c) | 460000 | 476137 |
| HLF Financing Sarl LLC / Herbalife International Inc 12.25% 4/15/2029 (b) | 2293000 | 2480616 |
| HLF Financing Sarl LLC / Herbalife International Inc 4.875% 6/1/2029 (b)(c) | 2021000 | 1655042 |
| Jazz Securities DAC 4.375% 1/15/2029 (b) | 1500000 | 1438329 |
|  |  | 9885269 |
| TOTAL HEALTH CARE |  | 24035951 |
| Industrials - 14.5% |  |  |
| Aerospace & Defense - 3.7% |  |  |
| ATI Inc 7.25% 8/15/2030 (c) | 1524000 | 1595854 |
| Axon Enterprise Inc 6.25% 3/15/2033 (b) | 490000 | 497143 |
| BWX Technologies Inc 4.125% 6/30/2028 (b) | 500000 | 486587 |
| Moog Inc 4.25% 12/15/2027 (b) | 2000000 | 1937257 |
| TransDigm Inc 4.625% 1/15/2029 (c) | 2500000 | 2421187 |
| TransDigm Inc 4.875% 5/1/2029  | 2775000 | 2686759 |
| TransDigm Inc 6.375% 3/1/2029 (b) | 500000 | 508149 |
| TransDigm Inc 6.375% 5/31/2033 (b) | 920000 | 908961 |
| TransDigm Inc 6.875% 12/15/2030 (b) | 2588000 | 2669051 |
|  |  | 13710948 |
| Building Products - 1.2% |  |  |
| Builders FirstSource Inc 4.25% 2/1/2032 (b)(c) | 1000000 | 907304 |
| Builders FirstSource Inc 6.75% 5/15/2035 (b) | 910000 | 915178 |
| EMRLD Borrower LP / Emerald Co-Issuer Inc 6.75% 7/15/2031 (b)(c) | 375000 | 383738 |
| Griffon Corp 5.75% 3/1/2028  | 2081000 | 2068451 |
| Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC 6.75% 4/1/2032 (b) | 240000 | 241806 |
|  |  | 4516477 |
| Commercial Services & Supplies - 2.7% |  |  |
| ACCO Brands Corp 4.25% 3/15/2029 (b) | 500000 | 441671 |
| Allied Universal Holdco LLC 7.875% 2/15/2031 (b) | 1356000 | 1405316 |
| Brink's Co/The 6.5% 6/15/2029 (b) | 590000 | 601998 |
| GEO Group Inc/The 10.25% 4/15/2031  | 2377000 | 2605541 |
| GEO Group Inc/The 8.625% 4/15/2029  | 1260000 | 1330026 |
| GFL Environmental Inc 4% 8/1/2028 (b) | 3780000 | 3633767 |
|  |  | 10018319 |
| Construction & Engineering - 0.7% |  |  |
| Arcosa Inc 4.375% 4/15/2029 (b) | 487000 | 464163 |
| Arcosa Inc 6.875% 8/15/2032 (b) | 1035000 | 1061382 |
| Dycom Industries Inc 4.5% 4/15/2029 (b) | 1163000 | 1118957 |
|  |  | 2644502 |
| Electrical Equipment - 0.7% |  |  |
| Atkore Inc 4.25% 6/1/2031 (b) | 1000000 | 908325 |
| EnerSys 4.375% 12/15/2027 (b) | 1238000 | 1197951 |
| WESCO Distribution Inc 6.375% 3/15/2033 (b)(c) | 570000 | 580581 |
|  |  | 2686857 |
| Ground Transportation - 1.0% |  |  |
| Avis Budget Car Rental LLC / Avis Budget Finance Inc 8.375% 6/15/2032 (b) | 750000 | 755649 |
| Genesee & Wyoming Inc 6.25% 4/15/2032 (b)(c) | 965000 | 980055 |
| RXO Inc 7.5% 11/15/2027 (b)(c) | 1850000 | 1889313 |
|  |  | 3625017 |
| Industrial Conglomerates - 0.1% |  |  |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.25% 2/1/2027 (b) | 450000 | 440251 |
| Machinery - 1.5% |  |  |
| Allison Transmission Inc 3.75% 1/30/2031 (b) | 3683000 | 3343235 |
| Allison Transmission Inc 5.875% 6/1/2029 (b) | 93000 | 93372 |
| Enpro Inc 6.125% 6/1/2033 (b) | 900000 | 906693 |
| Wabash National Corp 4.5% 10/15/2028 (b) | 1310000 | 1117954 |
|  |  | 5461254 |
| Passenger Airlines - 1.8% |  |  |
| Allegiant Travel Co 7.25% 8/15/2027 (b)(c) | 3282000 | 3241351 |
| American Airlines 2016-3 Class A Pass Through Trust 7.25% 2/15/2028 (b) | 285000 | 287849 |
| American Airlines Inc/AAdvantage Loyalty IP Ltd 5.5% 4/20/2026 (b) | 215211 | 214843 |
| United Airlines Inc 4.375% 4/15/2026 (b) | 2570900 | 2540434 |
| United Airlines Inc 4.625% 4/15/2029 (b) | 338000 | 321050 |
|  |  | 6605527 |
| Professional Services - 0.2% |  |  |
| CACI International Inc 6.375% 6/15/2033 (b)(e) | 715000 | 728900 |
| Trading Companies & Distributors - 0.9% |  |  |
| BlueLinx Holdings Inc 6% 11/15/2029 (b) | 2888000 | 2717030 |
| Herc Holdings Escrow Inc 7.25% 6/15/2033 (b)(e) | 520000 | 535180 |
|  |  | 3252210 |
| TOTAL INDUSTRIALS |  | 53690262 |
| Information Technology - 3.1% |  |  |
| Electronic Equipment, Instruments & Components - 0.3% |  |  |
| CPI CG Inc 10% 7/15/2029 (b) | 205000 | 216275 |
| Crane NXT Co 4.2% 3/15/2048  | 500000 | 300076 |
| Insight Enterprises Inc 6.625% 5/15/2032 (b) | 50000 | 50947 |
| Lightning Power LLC 7.25% 8/15/2032 (b) | 305000 | 319779 |
| Sensata Technologies Inc 6.625% 7/15/2032 (b)(c) | 340000 | 343041 |
|  |  | 1230118 |
| IT Services - 1.3% |  |  |
| ASGN Inc 4.625% 5/15/2028 (b) | 1000000 | 964704 |
| CoreWeave Inc 9.25% 6/1/2030 (b) | 1410000 | 1408418 |
| GCI LLC 4.75% 10/15/2028 (b) | 2350000 | 2210204 |
|  |  | 4583326 |
| Semiconductors & Semiconductor Equipment - 0.6% |  |  |
| Entegris Inc 4.75% 4/15/2029 (b) | 2203000 | 2139045 |
| Software - 0.9% |  |  |
| Clarivate Science Holdings Corp 4.875% 7/1/2029 (b)(c) | 250000 | 231232 |
| Cloud Software Group Inc 6.5% 3/31/2029 (b) | 1009000 | 1007865 |
| Consensus Cloud Solutions Inc 6.5% 10/15/2028 (b) | 465000 | 461861 |
| Fair Isaac Corp 6% 5/15/2033 (b) | 910000 | 908282 |
| Gen Digital Inc 6.75% 9/30/2027 (b) | 10000 | 10173 |
| SS&C Technologies Inc 6.5% 6/1/2032 (b)(c) | 700000 | 718754 |
|  |  | 3338167 |
| Technology Hardware, Storage & Peripherals - 0.0% |  |  |
| Seagate HDD Cayman 3.125% 7/15/2029  | 203 | 183 |
| Xerox Holdings Corp 5% 8/15/2025 (b) | 28000 | 27867 |
|  |  | 28050 |
| TOTAL INFORMATION TECHNOLOGY |  | 11318706 |
| Materials - 5.3% |  |  |
| Chemicals - 3.2% |  |  |
| Axalta Coating Systems LLC 3.375% 2/15/2029 (b) | 1050000 | 977214 |
| Chemours Co/The 5.75% 11/15/2028 (b)(c) | 1120000 | 1002855 |
| CVR Partners LP / CVR Nitrogen Finance Corp 6.125% 6/15/2028 (b) | 3905000 | 3883905 |
| Methanex US Operations Inc 6.25% 3/15/2032 (b) | 400000 | 387088 |
| Minerals Technologies Inc 5% 7/1/2028 (b)(c) | 750000 | 728753 |
| Olympus Water US Holding Corp 7.25% 6/15/2031 (b)(c) | 350000 | 350000 |
| Olympus Water US Holding Corp 9.75% 11/15/2028 (b) | 900000 | 943619 |
| Rain Carbon Inc 12.25% 9/1/2029 (b)(c) | 3405000 | 3547663 |
|  |  | 11821097 |
| Construction Materials - 0.2% |  |  |
| Smyrna Ready Mix Concrete LLC 8.875% 11/15/2031 (b) | 600000 | 616138 |
| Containers & Packaging - 1.1% |  |  |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 6% 6/15/2027 (b) | 360000 | 360887 |
| Clydesdale Acquisition Holdings Inc 6.625% 4/15/2029 (b) | 485000 | 489155 |
| Clydesdale Acquisition Holdings Inc 6.875% 1/15/2030 (b) | 500000 | 507025 |
| Owens-Brockway Glass Container Inc 7.375% 6/1/2032 (b)(c) | 500000 | 497595 |
| Sealed Air Corp 6.5% 7/15/2032 (b) | 2063000 | 2112844 |
|  |  | 3967506 |
| Metals & Mining - 0.8% |  |  |
| Arsenal AIC Parent LLC 8% 10/1/2030 (b) | 170000 | 178522 |
| Novelis Corp 4.75% 1/30/2030 (b) | 1500000 | 1425952 |
| Novelis Corp 6.875% 1/30/2030 (b)(c) | 800000 | 824987 |
| SunCoke Energy Inc 4.875% 6/30/2029 (b) | 775000 | 712246 |
|  |  | 3141707 |
| TOTAL MATERIALS |  | 19546448 |
| Real Estate - 5.3% |  |  |
| Diversified REITs - 0.9% |  |  |
| Iron Mountain Information Management Services Inc 5% 7/15/2032 (b) | 3099000 | 2931665 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 4.75% 4/15/2028 (b)(c) | 570000 | 554447 |
|  |  | 3486112 |
| Hotel & Resort REITs - 2.0% |  |  |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer 4.875% 5/15/2029 (b) | 2500000 | 2364620 |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer 7% 2/1/2030 (b)(c) | 210000 | 211542 |
| RHP Hotel Properties LP / RHP Finance Corp 4.5% 2/15/2029 (b) | 1000000 | 965449 |
| RHP Hotel Properties LP / RHP Finance Corp 6.5% 4/1/2032 (b)(c) | 3096000 | 3138493 |
| RHP Hotel Properties LP / RHP Finance Corp 6.5% 6/15/2033 (b)(e) | 400000 | 406805 |
| Service Properties Trust 5.25% 2/15/2026  | 181000 | 179341 |
|  |  | 7266250 |
| Real Estate Management & Development - 1.9% |  |  |
| Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp 7% 4/15/2030 (b)(c) | 996000 | 909864 |
| Cushman & Wakefield US Borrower LLC 6.75% 5/15/2028 (b)(c) | 428000 | 429857 |
| Five Point Operating Co LP / Five Point Capital Corp 10.5% 1/15/2028 (b)(f) | 3619000 | 3685879 |
| Greystar Real Estate Partners LLC 7.75% 9/1/2030 (b) | 130000 | 137950 |
| Howard Hughes Corp/The 4.125% 2/1/2029 (b) | 1544000 | 1451498 |
| Howard Hughes Corp/The 4.375% 2/1/2031 (b) | 604000 | 548490 |
|  |  | 7163538 |
| Retail REITs - 0.3% |  |  |
| Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL 4.5% 4/1/2027 (b) | 358000 | 347693 |
| Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL 5.75% 5/15/2026 (b) | 656000 | 649877 |
|  |  | 997570 |
| Specialized REITs - 0.2% |  |  |
| Iron Mountain Inc 4.5% 2/15/2031 (b) | 900000 | 843299 |
| TOTAL REAL ESTATE |  | 19756769 |
| Utilities - 3.4% |  |  |
| Electric Utilities - 1.7% |  |  |
| Edison International 7.875% 6/15/2054 (d) | 965000 | 928449 |
| Edison International 8.125% 6/15/2053 (c)(d) | 2400000 | 2371023 |
| NRG Energy Inc 3.375% 2/15/2029 (b)(c) | 1834000 | 1713333 |
| Topaz Solar Farms LLC 5.75% 9/30/2039 (b) | 1000000 | 953060 |
| Vistra Operations Co LLC 6.875% 4/15/2032 (b)(c) | 100000 | 104034 |
|  |  | 6069899 |
| Gas Utilities - 1.6% |  |  |
| AmeriGas Partners LP / AmeriGas Finance Corp 5.75% 5/20/2027 (c) | 3100000 | 3033726 |
| AmeriGas Partners LP / AmeriGas Finance Corp 9.375% 6/1/2028 (b)(c) | 2071000 | 2091466 |
| AmeriGas Partners LP / AmeriGas Finance Corp 9.5% 6/1/2030 (b) | 925000 | 934294 |
|  |  | 6059486 |
| Independent Power and Renewable Electricity Producers - 0.1% |  |  |
| Alpha Generation LLC 6.75% 10/15/2032 (b) | 395000 | 402730 |
| TOTAL UTILITIES |  | 12532115 |
| TOTAL UNITED STATES |  | 284797055 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $359,550,023) |  | <br> **361929281** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Preferred Securities - 0.2%** | &nbsp;&nbsp;**Preferred Securities - 0.2%** | &nbsp;&nbsp;**Preferred Securities - 0.2%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| JAPAN - 0.2%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Broadline Retail - 0.2% |  |  |
| Rakuten Group Inc 5.125% (b)(d)(g)<br>(Cost $744,583)<br>| 750000 | **733698** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 10.8%** | &nbsp;&nbsp;**Money Market Funds - 10.8%** | &nbsp;&nbsp;**Money Market Funds - 10.8%** | &nbsp;&nbsp;**Money Market Funds - 10.8%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (i) | 4.32 | 5390378 | 5391456 |
| Fidelity Securities Lending Cash Central Fund (i)(j) | 4.32 | 34648810 | 34652275 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $40,043,731) |  |  | **40043731** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 108.8%**<br> (Cost $400,444,566)<br>| <br>**402734588** |
| **NET OTHER ASSETS (LIABILITIES) - (8.8)%** (h)  | **(32593340)** |
| **NET ASSETS - 100.0%** | **370141248** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 10 Year US Treasury Bond Contracts (United States) | 13 | Sep 2025 | 1441781 | 17957 | 17957 |
| CBOT 5 Year US Treasury Note Contracts (United States) | 13 | Sep 2025 | 1407961 | 11056 | 11056 |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **29013** |
| The notional amount of futures purchased as a percentage of Net Assets is 0.8% | The notional amount of futures purchased as a percentage of Net Assets is 0.8% | The notional amount of futures purchased as a percentage of Net Assets is 0.8% | The notional amount of futures purchased as a percentage of Net Assets is 0.8% | The notional amount of futures purchased as a percentage of Net Assets is 0.8% | The notional amount of futures purchased as a percentage of Net Assets is 0.8% |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Security 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 the end of the period, the value of these securities amounted to $318,778,821 or 86.1% of net assets.

(c) Security or a portion of the security is on loan at period end.

(d) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(e) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(f) Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.

(g) Security is perpetual in nature with no stated maturity date.

(h) Includes $120,625 of cash collateral to cover margin requirements for futures contracts.

(i) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(j) Investment made with cash collateral received from securities on loan.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 3485704 | 134489833 | 132584081 | 149646 | - | - | 5391456 | 5390378 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 18003768 | 218123123 | 201474616 | 61698 | - | - | 34652275 | 34648810 | 0.1% |
| Total | 21489472 | 352612956 | 334058697 | 211344 | - | - | 40043731 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Non-Convertible Corporate Bonds and Preferred Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

The Fund invests a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

**Derivative Instruments**

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.

The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.

Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Enhanced High Yield ETF

- **b. EDGAR series identifier (if any):** S000062078

- **c. LEI of Series:** 549300D7SA33P7KJDO35

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $407861082.45

**Total Liabilities:** $37791346.67

**Net Assets:** $370069735.78

**Delayed Delivery Securities:** $2560000.00

**Cash Not Reported:** $2447758.07

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2160.98836364 | **1-Year:** 5530.16507816 | **5-Year:** 5477.69163666 | **10-Year:** 1174.42254355 | **30-Year:** 576.19020700

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

- **3-Month:** 19123.40218790 | **1-Year:** 49494.78541856 | **5-Year:** 39759.08980614 | **10-Year:** 3210.03996770 | **30-Year:** 321.84819400

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201027 | -1.12%               | -0.25%               | 1.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-957737.56              | $-5468873.87                               |
| Month 2  | $-1927570.63             | $-1312550.14                               |
| Month 3  | $253707.40               | $4640613.78                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP                                     | AMERIGAS PARTN LP/AMERIGAS FIN 9.5% 06/01/2030 144A                                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    925000 | PA      | $934293.92    | 0.25%             | 2030-06-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY INC 144                                                                             | CUSIP: N/A<br>LEI: 254900EICTYTCHA5X705       | Long             | EC               | CORP              | US        |     11196 | NS      | $27878.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RAKUTEN GROUP INC                                                                | RAKUTEN GROUP INC 9.75% 04/15/2029 144A                                                                 | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $1069825.92   | 0.29%             | 2029-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                         | SERVICE PROPERTIES TRUST 5.25% 02/15/2026                                                               | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    181000 | PA      | $179340.63    | 0.05%             | 2026-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FINANCIAL SERVICES INC 5.75% 09/15/2031 144A                                                   | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    900000 | PA      | $866781.54    | 0.23%             | 2031-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| ENTEGRIS INC                                                                     | ENTEGRIS INC 4.75% 04/15/2029 144A                                                                      | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   2203000 | PA      | $2139045.15   | 0.58%             | 2029-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG'06 PTY LTD                                                     | FMG RES AUGUST 2006 PTY LTD 5.875% 04/15/2030 144A                                                      | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   1458000 | PA      | $1456798.61   | 0.39%             | 2030-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES INC 4.375% 04/15/2026 144A                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   2570900 | PA      | $2540434.17   | 0.69%             | 2026-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                                                       | GOEASY LTD 7.375% 10/01/2030 144A                                                                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |   1325000 | PA      | $1323818.10   | 0.36%             | 2030-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| APOLLO COML REAL ESTAT FIN INC                                                   | APOLLO COML REAL ESTAT FIN INC 4.625% 06/15/2029 144A                                                   | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1764899.46   | 0.48%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD RESIDENTIAL PPTYS INC / BROOKFIELD RESIDENTIAL US CORP                | BROOKFIELD RESIDENTIAL PPTYS INC / US CORP 4.875% 02/15/2030 144A                                       | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2610000.00   | 0.71%             | 2030-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTYS LP and RHP FIN CORP                                              | RHP HOTEL PPTYS LP and RHP FIN CORP 6.5% 04/01/2032 144A                                                | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3096000 | PA      | $3138492.60   | 0.85%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| CVR ENERGY INC                                                                   | CVR ENERGY INC 8.5% 01/15/2029 144A                                                                     | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    500000 | PA      | $488021.25    | 0.13%             | 2029-01-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER | PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER 7% 02/01/2030 144A     | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $211542.45    | 0.06%             | 2030-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| WASH MULTIFAMILY ACQUISITION INC                                                 | WASH MULTIFAMILY ACQUISITION INC 5.75% 04/15/2026 144A                                                  | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |    601000 | PA      | $599570.40    | 0.16%             | 2026-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP                                     | AMERIGAS PARTN LP/AMERIGAS FIN 9.375% 06/01/2028 144A                                                   | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2071000 | PA      | $2091465.62   | 0.57%             | 2028-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP                           | DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP 7.125% 06/01/2028 144A                           | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    620000 | PA      | $622605.24    | 0.17%             | 2028-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 8.625% 04/15/2029                                                                     | CUSIP: 36162JAG1<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1330026.02   | 0.36%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAP                                                               | TELECOM ITALIA CAP 7.2% 07/18/2036                                                                      | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    450000 | PA      | $467717.85    | 0.13%             | 2036-07-18      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 6.75% 07/15/2033 144A                                                                        | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1869105.10   | 0.51%             | 2033-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MAREX GROUP PLC                                                                  | MAREX GROUP PLC 5.829% 05/08/2028                                                                       | CUSIP: 566539AB8<br>LEI: 549300DWX0SVICJAL507 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1004420.46   | 0.27%             | 2028-05-08      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FINANCIAL SERVICES INC 6.875% 05/15/2032 144A                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1105170.00   | 0.30%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                               | RITHM CAPITAL CORP 8% 04/01/2029 144A                                                                   | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2255991.75   | 0.61%             | 2029-04-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ENERGEAN PLC                                                                     | ENERGEAN PLC 6.5% 04/30/2027 144A                                                                       | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $977500.00    | 0.26%             | 2027-04-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC                                                               | SUNCOKE ENERGY INC 4.875% 06/30/2029 144A                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    775000 | PA      | $712246.31    | 0.19%             | 2029-06-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 6% 06/15/2027 144A            | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    360000 | PA      | $360886.68    | 0.10%             | 2027-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                                                           | PATRICK INDUSTRIES INC 4.75% 05/01/2029 144A                                                            | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    886000 | PA      | $849764.11    | 0.23%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 6.125% 06/15/2029 144A                                                   | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2039658.00   | 0.55%             | 2029-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC                                                                  | STAR PARENT INC 9% 10/01/2030 144A                                                                      | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206713.77    | 0.06%             | 2030-10-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| BAUSCH + LOMB CORP                                                               | BAUSCH + LOMB CORP 8.375% 10/01/2028 144A                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    853000 | PA      | $881882.58    | 0.24%             | 2028-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG'06 PTY LTD                                                     | FMG RES AUGUST 2006 PTY LTD 6.125% 04/15/2032 144A                                                      | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $498778.80    | 0.13%             | 2032-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX LLC                                                             | SMYRNA READY MIX LLC 8.875% 11/15/2031 144A                                                             | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    600000 | PA      | $616137.60    | 0.17%             | 2031-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| EMERA INC                                                                        | EMERA INC 6.75%/VAR 06/15/2076                                                                          | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |   1725000 | PA      | $1733473.20   | 0.47%             | 2076-06-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.5% 02/01/2029 144A                                                                     | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    347000 | PA      | $359166.95    | 0.10%             | 2029-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ACADIAN ASSET MANAGEMENT INC                                                     | ACADIAN ASSET MANAGEMENT INC 4.8% 07/27/2026                                                            | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |   1770000 | PA      | $1759443.90   | 0.48%             | 2026-07-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                                                    | FIRSTCASH INC 5.625% 01/01/2030 144A                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    794000 | PA      | $788417.91    | 0.21%             | 2030-01-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | BAUSCH HEALTH COS INC 4.875% 06/01/2028 144A                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1825000 | PA      | $1489656.25   | 0.40%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | NOVELIS CORP 6.875% 01/30/2030 144A                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    800000 | PA      | $824987.20    | 0.22%             | 2030-01-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| RHP HOTEL PPTYS LP and RHP FIN CORP                                              | RHP HOTEL PPTYS LP and RHP FIN CORP 6.5% 06/15/2033 144A                                                | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $406805.69    | 0.11%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FINANCE PLC                                                 | VIRGIN MEDIA SECD FIN PLC 5.5% 05/15/2029 144A                                                          | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   1550000 | PA      | $1507350.67   | 0.41%             | 2029-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 05/31/2033 144A                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    920000 | PA      | $908960.70    | 0.25%             | 2033-05-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC                                                          | ROCKCLIFF ENERGY II LLC 5.5% 10/15/2029 144A                                                            | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1652588.18   | 0.45%             | 2029-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOLDINGS LTD                                                | ASTON MARTIN CAP HLDGS LTD 10% 03/31/2029 144A                                                          | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |   2101000 | PA      | $1968996.44   | 0.53%             | 2029-03-31      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                                                            | BELRON UK FINANCE PLC 5.75% 10/15/2029 144A                                                             | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2205920.20   | 0.60%             | 2029-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HOLDINGS INC                                                     | BREAD FINANCIAL HOLDINGS INC 9.75% 03/15/2029 144A                                                      | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2292299.90   | 0.62%             | 2029-03-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                                                          | EMPIRE COMMUNITIES CORP 9.75% 05/01/2029 144A                                                           | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |    134000 | PA      | $134502.50    | 0.04%             | 2029-05-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS ESCROW                                                             | HERC HOLDINGS ESCROW 7.25% 06/15/2033 144A                                                              | CUSIP: 42703NAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $535179.80    | 0.14%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                                                          | EVERGREEN ACQCO/TVI INC 9.75% 04/26/2028 144A                                                           | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    517000 | PA      | $541079.79    | 0.15%             | 2028-04-26      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                              | UNITED AIRLINES INC 4.625% 04/15/2029 144A                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    338000 | PA      | $321049.87    | 0.09%             | 2029-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NUFARM AUSTRALIA LTD / NUFARM AMERICAS INC                                       | NUFARM AUSTRALIA LTD / NUFARM AMERICAS INC 5% 01/27/2030 144A                                           | CUSIP: 67052NAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    605000 | PA      | $554978.36    | 0.15%             | 2030-01-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                                                         | MOOG INC 4.25% 12/15/2027 144A                                                                          | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1937257.00   | 0.52%             | 2027-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 7.375% 03/01/2031 144A                                                           | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $724500.00    | 0.20%             | 2031-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| BREAD FINANCIAL HOLDINGS INC                                                     | BREAD FINANCIAL HOLDINGS INC 8.375%/VAR 06/15/2035 144A                                                 | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1815602.82   | 0.49%             | 2035-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| GARRETT MOTION HOLDINGS INC / GARRETT LX I SARL                                  | GARRETT MOTION HOLDINGS INC / GARRETT LX I SARL 7.75% 05/31/2032 144A                                   | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2398031.65   | 0.65%             | 2032-05-31      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| KOHLS CORP                                                                       | KOHLS CORP 5.55% 07/17/2045                                                                             | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    750000 | PA      | $365872.95    | 0.10%             | 2045-07-17      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                  | SEALED AIR CORP 6.5% 07/15/2032 144A                                                                    | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   2063000 | PA      | $2112844.14   | 0.57%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                         | CLOUD SOFTWARE GROUP INC 6.5% 03/31/2029 144A                                                           | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1007864.77   | 0.27%             | 2029-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                                             | BWX TECHNOLOGIES INC 4.125% 06/30/2028 144A                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    500000 | PA      | $486586.65    | 0.13%             | 2028-06-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                                                             | DYCOM INDUSTRIES INC 4.5% 04/15/2029 144A                                                               | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |   1163000 | PA      | $1118957.07   | 0.30%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GROUP INC                                                  | COGENT COMMUNICATIONS GROUP INC 7% 06/15/2027 144A                                                      | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |   2653000 | PA      | $2667280.12   | 0.72%             | 2027-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 3.875% 09/15/2028                                                                  | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1857000 | PA      | $1741250.59   | 0.47%             | 2028-09-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| PERFORMANCE FOOD GROUP INC                                                       | PERFORMANCE FOOD GROUP INC 4.25% 08/01/2029 144A                                                        | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1801000 | PA      | $1716592.53   | 0.46%             | 2029-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WILLIAM (CARTER) CO                                                              | WILLIAM (CARTER) CO 5.625% 03/15/2027 144A                                                              | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1986367.20   | 0.54%             | 2027-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| MEDLINE BORROWER LP                                                              | MEDLINE BORROWER LP 5.25% 10/01/2029 144A                                                               | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    542000 | PA      | $529671.88    | 0.14%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| MILLICOM INTL CELLULAR SA                                                        | MILLICOM INTL CELLULAR SA 4.5% 04/27/2031 144A                                                          | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |   2255000 | PA      | $2006950.00   | 0.54%             | 2031-04-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                                              | GRAY TELEVISION INC 7% 05/15/2027 144A                                                                  | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29792.54     | 0.01%             | 2027-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CUSHMAN and WAKEFIELD US BORROWER LLC                                            | CUSHMAN and WAKEFIELD US BORROWER LLC 6.75% 05/15/2028 144A                                             | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    428000 | PA      | $429856.66    | 0.12%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / BPR NIMBUS LLC / GGSI SELLCO LL | BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / BPR NIMBUS LLC / GGSI SELLCO LL 5.75% 05/15/2026 144A  | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    656000 | PA      | $649877.22    | 0.18%             | 2026-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | VENTURE GLOBAL LNG INC 9.5% 02/01/2029 144A                                                             | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    650000 | PA      | $694944.90    | 0.19%             | 2029-02-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| MERCER INTERNATIONAL INC                                                         | MERCER INTERNATIONAL INC 5.125% 02/01/2029                                                              | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $794934.80    | 0.21%             | 2029-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CVR PARTNERS LP / CVR NITROGEN FIN CORP                                          | CVR PARTNERS LP / CVR NITROGEN FIN CORP 6.125% 06/15/2028 144A                                          | CUSIP: 12663QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3905000 | PA      | $3883905.19   | 1.05%             | 2028-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 4.75% 04/15/2028 144A                        | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $554447.32    | 0.15%             | 2028-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC 9.375% 11/30/2029 144A                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    256000 | PA      | $272589.31    | 0.07%             | 2029-11-30      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER LLC                                                        | PANTHER ESCROW ISSUER LLC 7.125% 06/01/2031 144A                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    854000 | PA      | $883466.32    | 0.24%             | 2031-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PROG HOLDINGS INC                                                                | PROG HOLDINGS INC 6% 11/15/2029 144A                                                                    | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |    750000 | PA      | $712453.28    | 0.19%             | 2029-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | BAUSCH HEALTH COS INC 11% 09/30/2028 144A                                                               | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $959465.00    | 0.26%             | 2028-09-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS                                                                     | NEW FORTRESS 12% 11/15/2029 144A                                                                        | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $278868.70    | 0.08%             | 2029-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                             | NOBLE FINANCE II LLC 8% 04/15/2030 144A                                                                 | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $682564.83    | 0.18%             | 2030-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC / AADVANTAGE LOYALTY IP LTD                                | AMERICAN AIRLINES INC / AADVANTAGE LOYALTY IP LTD 5.5% 04/20/2026 144A                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215211 | PA      | $214843.65    | 0.06%             | 2026-04-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                                                                | UPBOUND GROUP INC 6.375% 02/15/2029 144A                                                                | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |   2505000 | PA      | $2396844.22   | 0.65%             | 2029-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 7.25% 06/15/2031 144A                                              | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350000.00    | 0.09%             | 2031-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP 10.75% 11/30/2029                                                                         | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1507500.00   | 0.41%             | 2029-11-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 6.875% 04/15/2032 144A                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104034.20    | 0.03%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| LIVE NATION ENTERTAINMENT INC                                                    | LIVE NATION ENTERTAINMENT INC 4.75% 10/15/2027 144A                                                     | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   3775000 | PA      | $3716191.92   | 1.00%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                                              | JAZZ SECURITIES DAC 4.375% 01/15/2029 144A                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   1500000 | PA      | $1438329.30   | 0.39%             | 2029-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.5% 10/01/2031 144A                             | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $504002.50    | 0.14%             | 2031-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLARIVATE SCIENCE HLDGS CORP                                                     | CLARIVATE SCIENCE HLDGS CORP 4.875% 07/01/2029 144A                                                     | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $231231.83    | 0.06%             | 2029-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                                                                 | AMWINS GROUP INC 6.375% 02/15/2029 144A                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507005.00    | 0.14%             | 2029-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CPI ACQUISITION INC                                                              | CPI ACQUISITION INC 10% 07/15/2029 144A                                                                 | CUSIP: 12598FAC3<br>LEI: 254900H3R50WH1B1LB48 | Long             | DBT              | CORP              | US        |    205000 | PA      | $216275.00    | 0.06%             | 2029-07-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SUMMIT MIDSTREAM HOLDINGS LLC                                                    | SUMMIT MIDSTREAM HOLDINGS LLC 8.625% 10/31/2029 144A                                                    | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1819000 | PA      | $1823081.84   | 0.49%             | 2029-10-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC                                                     | SOMNIGROUP INTERNATIONAL INC 3.875% 10/15/2031 144A                                                     | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |   3453000 | PA      | $3073085.71   | 0.83%             | 2031-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 7.5% 11/06/2030 144A                                                | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1088548.01   | 0.29%             | 2030-11-06      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC 6.75% 05/15/2035 144A                                                          | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    910000 | PA      | $915177.86    | 0.25%             | 2035-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                                                         | EQT CORP 6.375% 04/01/2029 144A                                                                         | CUSIP: 26884LAY5<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1023952.59   | 0.28%             | 2029-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES INC                                                              | THOR INDUSTRIES INC 4% 10/15/2029 144A                                                                  | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |    707000 | PA      | $653519.48    | 0.18%             | 2029-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| XEROX HOLDINGS CORP                                                              | XEROX HOLDINGS CORP 5% 08/15/2025 144A                                                                  | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27867.40     | 0.01%             | 2025-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMER SPORTS CO                                                                   | AMER SPORTS CO 6.75% 02/16/2031 144A                                                                    | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |   2037000 | PA      | $2117900.27   | 0.57%             | 2031-02-16      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| DISH NETWORK CORP                                                                | DISH NETWORK CORP 11.75% 11/15/2027 144A                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1031711.00   | 0.28%             | 2027-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 5.5% 08/31/2026 144A                                                        | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1663000 | PA      | $1663237.81   | 0.45%             | 2026-08-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                                                     | FIBERCOP SPA 7.2% 07/18/2036 144A                                                                       | CUSIP: 683879AF7<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |   2978000 | PA      | $2866325.00   | 0.77%             | 2036-07-18      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 5.625% 09/30/2031 144A                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1500000 | PA      | $1482578.93   | 0.40%             | 2031-09-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR SA                                                        | MILLICOM INTL CELLULAR SA 7.375% 04/02/2032 144A                                                        | CUSIP: 600814AS6<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $505437.50    | 0.14%             | 2032-04-02      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTAGAS LTD                                                                      | ALTAGAS LTD 7.2%/VAR 10/15/2054 144A                                                                    | CUSIP: 021361AD2<br>LEI: DR5LKEURSR8SXLM64266 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $978037.70    | 0.26%             | 2054-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 03/01/2029 144A                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    500000 | PA      | $508148.50    | 0.14%             | 2029-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                                                          | PERENTI FINANCE PTY LTD 6.5% 10/07/2025 144A                                                            | CUSIP: 71367VAA7<br>LEI: 8945008E3BOIIQY99U54 | Long             | DBT              | CORP              | AU        |    131877 | PA      | $131746.14    | 0.04%             | 2025-10-07      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORP                                                                     | GRIFFON CORP 5.75% 03/01/2028                                                                           | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   2081000 | PA      | $2068449.91   | 0.56%             | 2028-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC / WYNN RESORTS CAPITAL CORP                             | WYNN RESORTS FIN LLC / CAP CORP 7.125% 02/15/2031 144A                                                  | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    577000 | PA      | $605190.49    | 0.16%             | 2031-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                         | DIRECTV FINANCING LLC / CO-OBLIGOR INC 10% 02/15/2031 144A                                              | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1752034.14   | 0.47%             | 2031-02-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP                                     | AMERIGAS PARTN LP/AMERIGAS FIN 5.75% 05/20/2027                                                         | CUSIP: 030981AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3100000 | PA      | $3033726.03   | 0.82%             | 2027-05-20      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                                                           | WESCO DISTRIBUTION INC 6.375% 03/15/2033 144A                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    570000 | PA      | $580580.91    | 0.16%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| NGL ENERGY OPER LLC/NGL ENERGY FIN CORP                                          | NGL ENERGY OPER LLC/FIN CORP 8.125% 02/15/2029 144A                                                     | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1515096.34   | 0.41%             | 2029-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| LGI HOMES INC                                                                    | LGI HOMES INC 8.75% 12/15/2028 144A                                                                     | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    900000 | PA      | $926232.30    | 0.25%             | 2028-12-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 4.625% 01/15/2029                                                                         | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2421186.75   | 0.65%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| ENERGIZER HLDGS INC NEW                                                          | ENERGIZER HLDGS INC 4.75% 06/15/2028 144A                                                               | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    573000 | PA      | $552526.94    | 0.15%             | 2028-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| ATS CORP                                                                         | ATS CORP 4.125% 12/15/2028 144A                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |    458000 | PA      | $431255.14    | 0.12%             | 2028-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GREYSTAR REAL ESTATE PARTNERS LLC                                                | GREYSTAR REAL ESTATE PARTNERS LLC 7.75% 09/01/2030 144A                                                 | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $137950.41    | 0.04%             | 2030-09-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| OWENS BROCKWAY GLASS CONT INC                                                    | OWENS BROCKWAY GLASS CONT INC 7.375% 06/01/2032 144A                                                    | CUSIP: 69073TAV5<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497594.95    | 0.13%             | 2032-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP                                 | OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP 4.25% 01/15/2029 144A                                  | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $99304.75     | 0.03%             | 2029-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                                                | INTERNATIONAL GAME TECHNOLOGY PLC 4.125% 04/15/2026 144A                                                | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    205000 | PA      | $203481.16    | 0.05%             | 2026-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LANDSEA HOMES CORP                                                               | LANDSEA HOMES CORP 8.875% 04/01/2029 144A                                                               | CUSIP: 51509PAA1<br>LEI: 549300RP8AZAKHNILS36 | Long             | DBT              | CORP              | US        |   1006000 | PA      | $1047680.69   | 0.28%             | 2029-04-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                                                               | ZEGONA FINANCE PLC 8.625% 07/15/2029 144A                                                               | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $532500.00    | 0.14%             | 2029-07-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                                        | ENDO FINANCE HOLDINGS INC 8.5% 04/15/2031 144A                                                          | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $476137.26    | 0.13%             | 2031-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES INC                                                         | SENSATA TECHNOLOGIES INC 6.625% 07/15/2032 144A                                                         | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    340000 | PA      | $343041.30    | 0.09%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 8.25% 01/15/2032 144A                                                 | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $348243.22    | 0.09%             | 2032-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FINANCIAL SERVICES INC 7.875% 12/15/2029 144A                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1174408.32   | 0.32%             | 2029-12-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC                          | MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC 6.75% 04/01/2032 144A                           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $241806.48    | 0.07%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 5.125% 11/01/2027                                                                 | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     99500 | PA      | $98881.34     | 0.03%             | 2027-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MIDWEST GAMING BORROWER LLC / MIDWEST GAMING FIN CORP                            | MIDWEST GAMING BORWERLLC/ CORP 4.875% 05/01/2029 144A                                                   | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1072000 | PA      | $1027186.33   | 0.28%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                                             | ALPHA GENERATION LLC 6.75% 10/15/2032 144A                                                              | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    395000 | PA      | $402730.55    | 0.11%             | 2032-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.75% 02/01/2032 144A                                                            | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    995000 | PA      | $921092.69    | 0.25%             | 2032-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| DAVITA INC                                                                       | DAVITA INC 4.625% 06/01/2030 144A                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   1949000 | PA      | $1821225.31   | 0.49%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| HARVEST MIDSTREAM I LP                                                           | HARVEST MIDSTREAM I LP 7.5% 05/15/2032 144A                                                             | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    565000 | PA      | $580495.69    | 0.16%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | NOVELIS CORP 4.75% 01/30/2030 144A                                                                      | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1425951.90   | 0.39%             | 2030-01-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/ FIN CORP                                                      | GENESIS ENERGY LP/ FIN CORP 8.25% 01/15/2029                                                            | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $620833.80    | 0.17%             | 2029-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.25% 02/01/2031 144A                                                            | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $68693.00     | 0.02%             | 2031-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                                                    | LIVE NATION ENTERTAINMENT INC 6.5% 05/15/2027 144A                                                      | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505926.00    | 0.14%             | 2027-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 4% 08/01/2028 144A                                                                | CUSIP: 36168QAL8<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |   3780000 | PA      | $3633766.54   | 0.98%             | 2028-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 10YR NOTE FUT (CBT)SEP25 TYU5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        13 | NC      | $17956.90     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AG TTMT ESCROW ISSUER LLC                                                        | AG TTMT ESCROW ISSUER LLC 8.625% 09/30/2027 144A                                                        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $664396.80    | 0.18%             | 2027-09-30      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                                                                 | TASEKO MINES LTD 8.25% 05/01/2030 144A                                                                  | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   2130000 | PA      | $2188424.54   | 0.59%             | 2030-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| LIGHT and WONDER INTERNATIONAL INC                                               | LIGHT and WONDER INTERNATIONAL INC 7.25% 11/15/2029 144A                                                | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46297.80     | 0.01%             | 2029-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 6.625% 08/15/2032 144A                                                                    | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1002219.00   | 0.27%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTYS LP and RHP FIN CORP                                              | RHP HOTEL PPTYS LP and RHP FIN CORP 4.5% 02/15/2029 144A                                                | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $965448.60    | 0.26%             | 2029-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW GOLD INC                                                                     | NEW GOLD INC 6.875% 04/01/2032 144A                                                                     | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    460000 | PA      | $469897.82    | 0.13%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PHINIA INC                                                                       | PHINIA INC 6.625% 10/15/2032 144A                                                                       | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |   2104000 | PA      | $2091391.78   | 0.57%             | 2032-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC 4.25% 02/01/2032 144A                                                          | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $907304.60    | 0.25%             | 2032-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| INSIGHT ENTERPRISES INC                                                          | INSIGHT ENTERPRISES INC 6.625% 05/15/2032 144A                                                          | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50946.75     | 0.01%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                                                         | JEFFERSON CAPITAL HOLDIN 9.5% 02/15/2029 144A                                                           | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $530342.00    | 0.14%             | 2029-02-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| HLF FING SARL LLC / HERBALIFE INTL INC                                           | HLF FING SARL LLC / HERBALIFE INTL INC 4.875% 06/01/2029 144A                                           | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2021000 | PA      | $1655042.17   | 0.45%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 6.75% 06/15/2033 144A                                                                    | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $334623.63    | 0.09%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 7% 11/15/2032 144A                                                                        | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    500000 | PA      | $464320.00    | 0.13%             | 2032-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN HLDGS LLLP / LADDER CAP FIN CORP                                  | LADDER CAP FIN HLDGS LLLP/CORP 4.25% 02/01/2027 144A                                                    | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $440251.16    | 0.12%             | 2027-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDGS SA                                                        | INTELSAT JACKSON HLDGS SA 6.5% 03/15/2030 144A                                                          | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $983388.60    | 0.27%             | 2030-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                         | ALLISON TRANSMISSION INC 3.75% 01/30/2031 144A                                                          | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   3683000 | PA      | $3343234.41   | 0.90%             | 2031-01-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPITAL CORP                                                            | PROSPECT CAPITAL CORP 3.364% 11/15/2026                                                                 | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1885849.20   | 0.51%             | 2026-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: —       |
| CONSENSUS CLOUD SOLUTIONS INC                                                    | CONSENSUS CLOUD SOLUTIONS INC 6.5% 10/15/2028 144A                                                      | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $461861.06    | 0.12%             | 2028-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES LTD/ALBERTA                                                 | STRATHCONA RESOURCES LTD/ALBERTA 6.875% 08/01/2026 144A                                                 | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2006498.00   | 0.54%             | 2026-08-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALGOMA STEEL INC                                                                 | ALGOMA STEEL INC 9.125% 04/15/2029 144A                                                                 | CUSIP: 01566MAD7<br>LEI: 5493006RXIB5GVHWJS53 | Long             | DBT              | CORP              | CA        |   1435000 | PA      | $1241102.80   | 0.34%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES                                                               | LUMEN TECHNOLOGIES 10% 10/15/2032 144A                                                                  | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256400.00    | 0.07%             | 2032-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BATH and BODY WORKS INC                                                          | BATH and BODY WORKS INC 6.875% 11/01/2035                                                               | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    187000 | PA      | $188331.44    | 0.05%             | 2035-11-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 11% 10/15/2030 144A                                                                | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1758945.60   | 0.48%             | 2030-10-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                                               | HOWARD HUGHES CORP 4.125% 02/01/2029 144A                                                               | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   1544000 | PA      | $1451498.34   | 0.39%             | 2029-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP                           | DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP 8.625% 03/15/2029 144A                           | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2768000 | PA      | $2866729.02   | 0.77%             | 2029-03-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA 7.296%/VAR 04/02/2034 144A                                                                | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    328693 | PA      | $344205.68    | 0.09%             | 2034-04-02      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 6.25% 02/15/2032 144A                                                                    | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2977000 | PA      | $3026757.58   | 0.82%             | 2032-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 6.875% 09/01/2032 144A                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507920.97    | 0.14%             | 2032-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                         | APTIV SWISS HOLDINGS LTD 6.875%/VAR 12/15/2054                                                          | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   3000000 | PA      | $2938262.70   | 0.79%             | 2054-12-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                                                                 | LAMAR MEDIA CORP 3.625% 01/15/2031                                                                      | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1653427.41   | 0.45%             | 2031-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORPORATION                                                           | FAIR ISAAC CORPORATION 6% 05/15/2033 144A                                                               | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    910000 | PA      | $908282.03    | 0.25%             | 2033-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENPRO INC                                                                        | ENPRO INC 6.125% 06/01/2033 144A                                                                        | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |    900000 | PA      | $906693.66    | 0.25%             | 2033-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| INSULET CORP                                                                     | INSULET CORP 6.5% 04/01/2033 144A                                                                       | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    165000 | PA      | $169662.24    | 0.05%             | 2033-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                                                                 | ACCO BRANDS CORP 4.25% 03/15/2029 144A                                                                  | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |    500000 | PA      | $441671.65    | 0.12%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 4% 10/15/2030 144A                                                       | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2750000 | PA      | $2529085.65   | 0.68%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                                                | RAKUTEN GROUP INC 5.125%/VAR PERP 144A                                                                  | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | EP               | CORP              | JP        |    750000 | PA      | $729496.97    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AMERICAN AIRLINES INC 7.25% 02/15/2028 144A                                                             | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    285000 | PA      | $287848.90    | 0.08%             | 2028-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANCE CORP                         | WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANCE CORP 8.25% 10/01/2031 144A                          | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $520373.00    | 0.14%             | 2031-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC / HOWDEN UK REFINANCE 2 PLC / HOWDEN US REFINANCE LLC    | HOWDEN UK REFINANCE PLC / HOWDEN UK REFINANCE 2 PLC / HOWDEN US REFINANCE LLC 7.25% 02/15/2031 144A     | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    550000 | PA      | $564625.05    | 0.15%             | 2031-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 6.375% 03/01/2033 144A                                                                   | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1122000 | PA      | $1113799.64   | 0.30%             | 2033-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| POST HOLDINGS INC                                                                | POST HLDGS INC 4.625% 04/15/2030 144A                                                                   | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37855.26     | 0.01%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRINKS CO                                                                        | BRINKS CO 6.5% 06/15/2029 144A                                                                          | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    590000 | PA      | $601997.65    | 0.16%             | 2029-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DYE and DURHAM LTD                                                               | DYE and DURHAM LTD 8.625% 04/15/2029 144A                                                               | CUSIP: 267486AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1525000 | PA      | $1582010.60   | 0.43%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 7.875%/VAR 06/15/2054                                                              | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    965000 | PA      | $928448.60    | 0.25%             | 2054-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| MERCER INTERNATIONAL INC                                                         | MERCER INTERNATIONAL INC 12.875% 10/01/2028 144A                                                        | CUSIP: 588056BC4<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2436730.56   | 0.66%             | 2028-10-01      | Fixed         | 0.13%                 | No            |                  2 | On Loan: —       |
| CREDIT ACCEPTANCE CORP                                                           | CREDIT ACCEPTANCE CORP 6.625% 03/15/2030 144A                                                           | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $498047.50    | 0.13%             | 2030-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US FOODS INC 4.75% 02/15/2029 144A                                                                      | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44005.70     | 0.01%             | 2029-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION INC.                                                       | MCGRAW-HILL EDUCATION INC. 7.375% 09/01/2031 144A                                                       | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    500000 | PA      | $514458.00    | 0.14%             | 2031-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| SONIC AUTOMOTIVE INC                                                             | SONIC AUTOMOTIVE INC 4.625% 11/15/2029 144A                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    453000 | PA      | $432721.41    | 0.12%             | 2029-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| PATRICK INDUSTRIES INC                                                           | PATRICK INDUSTRIES INC 6.375% 11/01/2032 144A                                                           | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985652.30    | 0.27%             | 2032-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                                           | CACI INTERNATIONAL INC 6.375% 06/15/2033 144A                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    715000 | PA      | $728899.60    | 0.20%             | 2033-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD/MAURITIUS                                                          | HTA GROUP LTD/MAURITIUS 7.5% 06/04/2029 144A                                                            | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |   2000000 | PA      | $2033060.00   | 0.55%             | 2029-06-04      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC                                                     | FOCUS FINANCIAL PARTNERS LLC 6.75% 09/15/2031 144A                                                      | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    641000 | PA      | $648458.68    | 0.18%             | 2031-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| JAGUAR LD ROVER AUTOMOTIVE PLC                                                   | JAGUAR LD ROVER AUTOMOTIVE PLC 5.875% 01/15/2028 144A                                                   | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $999508.70    | 0.27%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.875% 12/15/2030 144A                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2588000 | PA      | $2669050.98   | 0.72%             | 2030-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                             | LAS VEGAS SANDS CORP 5.625% 06/15/2028                                                                  | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002262.84   | 0.27%             | 2028-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ELDORADO GOLD CORP NEW                                                           | ELDORADO GOLD CORP NEW 6.25% 09/01/2029 144A                                                            | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   1417000 | PA      | $1396453.50   | 0.38%             | 2029-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FIVE PT OPER CO LP / FIVE PT PT CAP CORP                                         | FIVE PT OPER CO LP / FIVE PT PT CAP CORP STEP 01/15/2028 144A                                           | CUSIP: 33834YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3619000 | PA      | $3685878.36   | 1.00%             | 2028-01-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | CHEMOURS CO 5.75% 11/15/2028 144A                                                                       | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1002854.50   | 0.27%             | 2028-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| KINETIK HOLDINGS LP                                                              | KINETIK HOLDINGS LP 6.625% 12/15/2028 144A                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    735000 | PA      | $749591.71    | 0.20%             | 2028-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES INC                                                        | MINERALS TECHNOLOGIES INC 5% 07/01/2028 144A                                                            | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    750000 | PA      | $728752.50    | 0.20%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| METHANEX US OPERATIONS INC                                                       | METHANEX US OPERATIONS INC 6.25% 03/15/2032 144A                                                        | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $387088.32    | 0.10%             | 2032-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENDEAVOUR MINING PLC                                                             | ENDEAVOUR MINING PLC 7% 05/28/2030 144A                                                                 | CUSIP: 29261HAB1<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $696164.00    | 0.19%             | 2030-05-28      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 2.75% 06/01/2026                                                                              | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975129.85    | 0.26%             | 2026-06-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| GCI LLC                                                                          | GCI LLC 4.75% 10/15/2028 144A                                                                           | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2210203.67   | 0.60%             | 2028-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | HUDBAY MINERALS INC 4.5% 04/01/2026 144A                                                                | CUSIP: 443628AJ1<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |    282000 | PA      | $279494.68    | 0.08%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STENA INTERNATIONAL SA                                                           | STENA INTERNATIONAL SA 7.625% 02/15/2031 144A                                                           | CUSIP: 85858EAE3<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |    522000 | PA      | $528814.71    | 0.14%             | 2031-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESIDENTIAL PPTYS INC / BROOKFIELD RESIDENTIAL US CORP                | BROOKFIELD RESIDENTIAL PPTYS INC / US CORP 5% 06/15/2029 144A                                           | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2236909.50   | 0.60%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / BPR NIMBUS LLC / GGSI SELLCO LL | BROOKFIELD PROPERTY REIT INC / BPR CUMULUS LLC / BPR NIMBUS LLC / GGSI SELLCO LL 4.5% 04/01/2027 144A   | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $347692.89    | 0.09%             | 2027-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 8.125%/VAR 06/15/2053                                                              | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2371022.64   | 0.64%             | 2053-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER | PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER 4.875% 05/15/2029 144A | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2364619.75   | 0.64%             | 2029-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                 | CINEMARK USA INC 5.25% 07/15/2028 144A                                                                  | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113451.56    | 0.03%             | 2028-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RES HLDGS INC                                                         | MOSS CREEK RES HLDGS INC 8.25% 09/01/2031 144A                                                          | CUSIP: 61965RAC9<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |    700000 | PA      | $674943.71    | 0.18%             | 2031-09-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                                                         | VIRIDIEN 10% 10/15/2030 144A                                                                            | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    440000 | PA      | $415215.33    | 0.11%             | 2030-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 8.75% 06/15/2031 144A                                                          | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   2107000 | PA      | $2123797.00   | 0.57%             | 2031-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| ALLIANCE RESOURCE OPER L P / ALLIANCE RESOURCE FIN CORP                          | ALLIANCE RESOURCE OPER L P / ALLIANCE RESOURCE FIN CORP 8.625% 06/15/2029 144A                          | CUSIP: 01879NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    712000 | PA      | $744210.88    | 0.20%             | 2029-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                                              | CHURCHILL DOWNS INC 5.5% 04/01/2027 144A                                                                | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    417000 | PA      | $415551.18    | 0.11%             | 2027-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                           | VENTURE GLOBAL LNG INC 9.875% 02/01/2032 144A                                                           | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    972000 | PA      | $1034058.31   | 0.28%             | 2032-02-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| BLUELINX HOLDINGS INC                                                            | BLUELINX HLDGS INC 6% 11/15/2029 144A                                                                   | CUSIP: 09624HAA7<br>LEI: 549300YSX7GU28F5I540 | Long             | DBT              | CORP              | US        |   2888000 | PA      | $2717030.40   | 0.73%             | 2029-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                                                               | MURPHY OIL USA INC 3.75% 02/15/2031 144A                                                                | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1132285.75   | 0.31%             | 2031-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| ITHACA ENERGY NORTH SEA PLC                                                      | ITHACA ENERGY NORTH SEA PLC 8.125% 10/15/2029 144A                                                      | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |   1255000 | PA      | $1258325.75   | 0.34%             | 2029-10-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                                                   | WHIRLPOOL CORP 5.5% 03/01/2033                                                                          | CUSIP: 963320BA3<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    800000 | PA      | $753910.96    | 0.20%             | 2033-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| WABASH NATIONAL CORP                                                             | WABASH NATIONAL CORP 4.5% 10/15/2028 144A                                                               | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1117953.61   | 0.30%             | 2028-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINANCIAL                                                              | SYNCHRONY FINANCIAL 7.25% 02/02/2033                                                                    | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1022018.21   | 0.28%             | 2033-02-02      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| Fidelity Revere Street Trust                                                     | Fidelity Cash Central Fund                                                                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   2067588 | NS      | $2068001.08   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 5.25% 05/15/2027                                                          | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $142737.48    | 0.04%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 3.75% 02/15/2031 144A                                                                        | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $885715.70    | 0.24%             | 2031-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| GEN DIGITAL INC                                                                  | GEN DIGITAL INC 6.75% 09/30/2027 144A                                                                   | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10172.72     | 0.00%             | 2027-09-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| VICTORIA'S SECRET and CO                                                         | VICTORIA'S SECRET and CO 4.625% 07/15/2029 144A                                                         | CUSIP: 926400AA0<br>LEI: 5493006T3O70U3UWVF17 | Long             | DBT              | CORP              | US        |    750000 | PA      | $683542.42    | 0.18%             | 2029-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| CITGO PETROLEUM CORP                                                             | CITGO PETROLEUM CORP 6.375% 06/15/2026 144A                                                             | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    715000 | PA      | $714656.30    | 0.19%             | 2026-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | CLYDESDALE ACQUISITION HOLDINGS INC 6.625% 04/15/2029 144A                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    485000 | PA      | $489155.48    | 0.13%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 6.75% 03/15/2032                                                                   | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    750000 | PA      | $745465.73    | 0.20%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ENQUEST PLC                                                                      | ENQUEST PLC 11.625% 11/01/2027 144A                                                                     | CUSIP: 29357JAC0<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |   2114000 | PA      | $2095341.62   | 0.57%             | 2027-11-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| B and G FOODS INC                                                                | B and G FOODS INC 8% 09/15/2028 144A                                                                    | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $282732.69    | 0.08%             | 2028-09-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                        | TEGNA INC 5% 09/15/2029                                                                                 | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    391000 | PA      | $372433.83    | 0.10%             | 2029-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| RAIN CARBON INC                                                                  | RAIN CARBON INC 12.25% 09/01/2029 144A                                                                  | CUSIP: 75079LAB7<br>LEI: 529900OO18PWCCZRYG63 | Long             | DBT              | CORP              | US        |   3405000 | PA      | $3547662.69   | 0.96%             | 2029-09-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: —       |
| RAKUTEN GROUP INC                                                                | RAKUTEN GROUP INC 11.25% 02/15/2027 144A                                                                | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    950000 | PA      | $1024089.89   | 0.28%             | 2027-02-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8.5% 05/01/2030 144A                                                              | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   4104000 | PA      | $4065006.25   | 1.10%             | 2030-05-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| KAROON USA FINANCE INC                                                           | KAROON USA FINANCE INC 10.5% 05/14/2029 144A                                                            | CUSIP: 48575AAA9<br>LEI: 254900I4IZ164TOMZH46 | Long             | DBT              | CORP              | US        |   2412000 | PA      | $2410416.28   | 0.65%             | 2029-05-14      | Fixed         | 0.10%                 | No            |                  2 | On Loan: —       |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 7% 01/15/2031 144A                               | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $741561.90    | 0.20%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIRCRAFT LEASING CO LTD                                                   | GLOBAL AIRCRAFT LEASING CO LTD 8.75% 09/01/2027 144A                                                    | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2265000 | PA      | $2290447.68   | 0.62%             | 2027-09-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 5.75% 03/15/2030 144A                                                                     | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    600000 | PA      | $601407.44    | 0.16%             | 2030-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | CLYDESDALE ACQUISITION HOLDINGS INC 6.875% 01/15/2030 144A                                              | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507025.00    | 0.14%             | 2030-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 3.375% 02/15/2029 144A                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1834000 | PA      | $1713333.25   | 0.46%             | 2029-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: —       |
| COREWEAVE INC                                                                    | COREWEAVE INC 9.25% 06/01/2030 144A                                                                     | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1408418.11   | 0.38%             | 2030-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                                                       | ARCOSA INC 4.375% 04/15/2029 144A                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    487000 | PA      | $464163.45    | 0.13%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LIGHT and WONDER INTERNATIONAL INC                                               | LIGHT and WONDER INTERNATIONAL INC 7% 05/15/2028 144A                                                   | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1517000 | PA      | $1518448.74   | 0.41%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                            | DIRECTV FINANCING LLC 8.875% 02/01/2030 144A                                                            | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2491000 | PA      | $2453793.45   | 0.66%             | 2030-02-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC / WYNN RESORTS CAPITAL CORP                             | WYNN RESORTS FIN LLC / CAP CORP 6.25% 03/15/2033 144A                                                   | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989042.60    | 0.27%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.25% 01/15/2034 144A                                                            | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2136000 | PA      | $1843865.69   | 0.50%             | 2034-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                                                                 | GGAM FINANCE LTD 6.875% 04/15/2029 144A                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    380000 | PA      | $387102.20    | 0.10%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS and RESORTS INC                                                   | WYNDHAM HOTELS and RESORTS INC 4.375% 08/15/2028 144A                                                   | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1025700.20   | 0.28%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC / RWLV CAPITAL INC)                                  | RESORTS WORLD LAS VEGAS LLC / RWLV CAPITAL INC 8.45% 07/27/2030 144A                                    | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3646000 | PA      | $3588146.51   | 0.97%             | 2030-07-27      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 6.25% 03/15/2033 144A            | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $197959.52    | 0.05%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRAVEL+LEISURE CO                                                                | TRAVEL+LEISURE CO 4.5% 12/01/2029 144A                                                                  | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2455000 | PA      | $2332747.73   | 0.63%             | 2029-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INC                                                                | IRON MTN INC 4.5% 02/15/2031 144A                                                                       | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    900000 | PA      | $843299.54    | 0.23%             | 2031-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC                         | DIRECTV FINANCING LLC / CO-OBLIGOR INC 5.875% 08/15/2027 144A                                           | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2133000 | PA      | $2099530.29   | 0.57%             | 2027-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CRANE NXT CO                                                                     | CRANE NXT CO 4.2% 03/15/2048                                                                            | CUSIP: 224399AT2<br>LEI: 549300EXNPSXEWUD3N21 | Long             | DBT              | CORP              | US        |    500000 | PA      | $300076.25    | 0.08%             | 2048-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HEARTLAND DENTAL LLC / HEARTLAND DENTAL FINANCE CORP                             | HEARTLAND DENTAL LLC / HEARTLAND DENTAL FINANCE CORP 10.5% 04/30/2028 144A                              | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $2060705.40   | 0.56%             | 2028-04-30      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                         | ALLISON TRANSMISSION INC 5.875% 06/01/2029 144A                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     93000 | PA      | $93372.47     | 0.03%             | 2029-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP                         | ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP 7% 04/15/2030 144A                             | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    996000 | PA      | $909863.63    | 0.25%             | 2030-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| SS and C TECHNOLOGIES INC                                                        | SS and C TECHNOLOGIES INC 6.5% 06/01/2032 144A                                                          | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    700000 | PA      | $718754.40    | 0.19%             | 2032-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 10.25% 04/15/2031                                                                     | CUSIP: 36162JAH9<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |   2377000 | PA      | $2605540.97   | 0.70%             | 2031-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 4.875% 05/01/2029                                                                         | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2775000 | PA      | $2686759.44   | 0.73%             | 2029-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ATKORE INC                                                                       | ATKORE INC 4.25% 06/01/2031 144A                                                                        | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $908325.10    | 0.25%             | 2031-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JAGUAR LD ROVER AUTOMOTIVE PLC                                                   | JAGUAR LD ROVER AUTOMOTIVE PLC 4.5% 10/01/2027 144A                                                     | CUSIP: 47010BAF1<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1954704.00   | 0.53%             | 2027-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                               | VIKING CRUISES LTD 9.125% 07/15/2031 144A                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    300000 | PA      | $322102.20    | 0.09%             | 2031-07-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                                                      | ALLIED UNIVERSAL HOLDCO LLC 7.875% 02/15/2031 144A                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   1356000 | PA      | $1405316.36   | 0.38%             | 2031-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC / RWLV CAPITAL INC)                                  | RESORTS WORLD LAS VEGAS LLC / RWLV CAPITAL INC 4.625% 04/06/2031 144A                                   | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1009379.14   | 0.27%             | 2031-04-06      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP / EMERALD CO-ISSUER INC                                        | EMRLD BORROWER LP / EMERALD CO-ISSUER INC 6.75% 07/15/2031 144A                                         | CUSIP: 26873CAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $383737.88    | 0.10%             | 2031-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC 6.25% 03/15/2033 144A                                                               | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    490000 | PA      | $497143.22    | 0.13%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| RXO INC                                                                          | RXO INC 7.5% 11/15/2027 144A                                                                            | CUSIP: 98379JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1889312.96   | 0.51%             | 2027-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| HOWARD HUGHES CORP                                                               | HOWARD HUGHES CORP 4.375% 02/01/2031 144A                                                               | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    604000 | PA      | $548490.10    | 0.15%             | 2031-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP                                                             | CAPSTONE COPPER CORP 6.75% 03/31/2033 144A                                                              | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    460000 | PA      | $459915.54    | 0.12%             | 2033-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP/MEDLINE CO-ISSUER INC                                        | MEDLINE BORROWER LP/MEDLINE CO-ISSUER INC 6.25% 04/01/2029 144A                                         | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1658629.06   | 0.45%             | 2029-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                     | AMS-OSRAM AG 12.25% 03/30/2029 144A                                                                     | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |   1350000 | PA      | $1407315.60   | 0.38%             | 2029-03-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICES                                                        | PRIME HEALTHCARE SERVICES 9.375% 09/01/2029 144A                                                        | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $304796.70    | 0.08%             | 2029-09-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| ARSENAL AIC PARENT LLC                                                           | ARSENAL AIC PARENT LLC 8% 10/01/2030 144A                                                               | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $178521.93    | 0.05%             | 2030-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                                                      | VALARIS LTD 8.375% 04/30/2030 144A                                                                      | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1742000 | PA      | $1748771.15   | 0.47%             | 2030-04-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TRAVEL+LEISURE CO                                                                | TRAVEL+LEISURE CO 6.625% 07/31/2026 144A                                                                | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    614000 | PA      | $620335.87    | 0.17%             | 2026-07-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                     | Fidelity Securities Lending Cash Central Fund                                                           | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  33088164 | NS      | $33091472.50  | 8.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GOEASY LTD                                                                       | GOEASY LTD 9.25% 12/01/2028 144A                                                                        | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |   1275000 | PA      | $1339064.93   | 0.36%             | 2028-12-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 6.75% 03/01/2029 144A                                                            | CUSIP: 205768AU8<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   2078000 | PA      | $2040497.92   | 0.55%             | 2029-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN 3.125% 07/15/2029                                                                    | CUSIP: 81180WBF7<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |       203 | PA      | $182.70       | 0.00%             | 2029-07-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                                                | NEXSTAR MEDIA INC 4.75% 11/01/2028 144A                                                                 | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1302000 | PA      | $1252638.84   | 0.34%             | 2028-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| GOEASY LTD                                                                       | GOEASY LTD 7.625% 07/01/2029 144A                                                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |   2030000 | PA      | $2050858.25   | 0.55%             | 2029-07-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 6.625% 01/15/2028                                                                  | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    731000 | PA      | $744556.75    | 0.20%             | 2028-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GENESEE and WYOMING INC                                                          | GENESEE and WYOMING INC 6.25% 04/15/2032 144A                                                           | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |    965000 | PA      | $980054.97    | 0.26%             | 2032-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 9.875% 08/15/2030 144A                                                             | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    342000 | PA      | $366414.35    | 0.10%             | 2030-08-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.75% 02/15/2030 144A                                                                    | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    560000 | PA      | $567702.80    | 0.15%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 8.125% 03/01/2028 144A                                                         | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   1301000 | PA      | $1306298.97   | 0.35%             | 2028-03-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| BLUE RACER MIDSTREAM LLC / BLUE RACER FIN CORP                                   | BLUE RACER MS LLC / BR FIN CORP 7% 07/15/2029 144A                                                      | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    855000 | PA      | $883366.34    | 0.24%             | 2029-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 4.375% 02/01/2029                                                         | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    347000 | PA      | $283426.71    | 0.08%             | 2029-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC                            | SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC 6.75% 08/15/2032 144A                             | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1158036.75   | 0.31%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ATI INC                                                                          | ATI INC 7.25% 08/15/2030                                                                                | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |   1524000 | PA      | $1595853.55   | 0.43%             | 2030-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| NEXSTAR MEDIA INC                                                                | NEXSTAR MEDIA INC 5.625% 07/15/2027 144A                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    660000 | PA      | $657360.86    | 0.18%             | 2027-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                                 | CALIFORNIA RES CORP 8.25% 06/15/2029 144A                                                               | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   1795000 | PA      | $1798254.34   | 0.49%             | 2029-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.875% 03/15/2030                                                                  | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    450000 | PA      | $470249.78    | 0.13%             | 2030-03-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ASGN INC                                                                         | ASGN INC 4.625% 05/15/2028 144A                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $964703.70    | 0.26%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS LLC                                                       | AXALTA COATING SYSTEMS LLC 3.375% 02/15/2029 144A                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $977213.72    | 0.26%             | 2029-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HOVNANIAN K ENTERPRISES INC                                                      | HOVNANIAN K ENTERPRISES INC 11.75% 09/30/2029 144A                                                      | CUSIP: 48251UAM0<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   2883000 | PA      | $3105135.15   | 0.84%             | 2029-09-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                                                       | ARCOSA INC 6.875% 08/15/2032 144A                                                                       | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1061381.12   | 0.29%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                                                              | ALLEGIANT TRAVEL CO 7.25% 08/15/2027 144A                                                               | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |   3282000 | PA      | $3241350.79   | 0.88%             | 2027-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC                                         | CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC 7.5% 12/15/2033 144A                                           | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $386426.60    | 0.10%             | 2033-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HOLDINGS LLC                                                       | SOTERA HEALTH HOLDINGS LLC 7.375% 06/01/2031 144A                                                       | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    992000 | PA      | $1030412.22   | 0.28%             | 2031-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.5% 06/01/2033 144A                                                             | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1040000 | PA      | $924999.30    | 0.25%             | 2033-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| CHICAGO BOARD OF TRADE                                                           | US 5YR NOTE (CBT) FUT SEP25 FVU5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        13 | NC      | $11056.47     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 4.375% 01/15/2027 144A                                                             | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    502000 | PA      | $493027.40    | 0.13%             | 2027-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.125% 09/15/2032                                                                  | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    925000 | PA      | $930754.95    | 0.25%             | 2032-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                                               | ARDONAGH FINCO LTD 7.75% 02/15/2031 144A                                                                | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    324000 | PA      | $335023.84    | 0.09%             | 2031-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.25% 07/01/2031 144A                                                                    | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    430000 | PA      | $443437.93    | 0.12%             | 2031-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODUCTS INC                                                  | INSTALLED BLDG PRODS INC 5.75% 02/01/2028 144A                                                          | CUSIP: 45780RAA9<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |    750000 | PA      | $745061.63    | 0.20%             | 2028-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC                             | PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC 4.375% 04/30/2029 144A                             | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $959749.70    | 0.26%             | 2029-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 4% 07/15/2029 144A                                                                        | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    883000 | PA      | $782014.91    | 0.21%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| CREDIT ACCEPTANCE CORP                                                           | CREDIT ACCEPTANCE CORP 9.25% 12/15/2028 144A                                                            | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $476166.60    | 0.13%             | 2028-12-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                                                            | TOPAZ SOLAR FARMS LLC 5.75% 09/30/2039 144A                                                             | CUSIP: 89054XAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $953060.00    | 0.26%             | 2039-09-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                                                          | ENERSYS 4.375% 12/15/2027 144A                                                                          | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |   1238000 | PA      | $1197951.44   | 0.32%             | 2027-12-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                   | 1261229 BC LTD 10% 04/15/2032 144A                                                                      | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1400000 | PA      | $1386023.69   | 0.37%             | 2032-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                           | HARVEST MIDSTREAM I LP 7.5% 09/01/2028 144A                                                             | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50769.95     | 0.01%             | 2028-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HLF FING SARL LLC / HERBALIFE INTL INC                                           | HLF FING SARL LLC / HERBALIFE INTL INC 12.25% 04/15/2029 144A                                           | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2293000 | PA      | $2480615.55   | 0.67%             | 2029-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| ENOVA INTERNATIONAL INC                                                          | ENOVA INTL INC 9.125% 08/01/2029 144A                                                                   | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3852420.00   | 1.04%             | 2029-08-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC                                | IRON MOUNTAIN INFORMATION MANAGEMENT SERVICES INC 5% 07/15/2032 144A                                    | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3099000 | PA      | $2931664.85   | 0.79%             | 2032-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC                               | AVIS BUDG CAR RENT LLC/FIN INC 8.375% 06/15/2032 144A                                                   | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $755649.02    | 0.20%             | 2032-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                              | NUSTAR LOGISTICS LP 5.625% 04/28/2027                                                                   | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    160000 | PA      | $160398.24    | 0.04%             | 2027-04-28      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                                              | LIGHTNING POWER LLC 7.25% 08/15/2032 144A                                                               | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |    305000 | PA      | $319779.00    | 0.09%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG'06 PTY LTD                                                     | FMG RES AUGUST 2006 PTY LTD 4.375% 04/01/2031 144A                                                      | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $918034.40    | 0.25%             | 2031-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 9.75% 11/15/2028 144A                                              | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    900000 | PA      | $943619.40    | 0.25%             | 2028-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA 5.459%/VAR 06/30/2035 144A                                                                | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    150000 | PA      | $146716.92    | 0.04%             | 2035-06-30      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 6.75% 03/01/2029 144A                                                            | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344969.14    | 0.09%             | 2029-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer