# EDGAR Filing Document

**Accession Number:** 0000885709
**File Stem:** 0000940400-25-002838
**Filing Date:** 2025-9
**Character Count:** 127931
**Document Hash:** 343d57192b8917d0da1550234736d55c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-002838.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000940400-25-002838

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **CENTRAL INDEX KEY:** 0000885709

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06625
- **FILM NUMBER:** 251348701

**BUSINESS ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071
- **BUSINESS PHONE:** 2136251900

**MAIL ADDRESS:**
- **STREET 1:** 333 S GRAND AVE
- **STREET 2:** 40TH FL
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDENFUNDS
- **DATE OF NAME CHANGE:** 20010423

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAYDEN & RYGEL INVESTMENT GROUP
- **DATE OF NAME CHANGE:** 19940104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** P&R INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Payden Emerging Markets Corporate Bond Fund (Series ID: S000042522)

| Class ID   | Class Name                                                   | Ticker Symbol   |
|:---|:---|:---|
| C000131551 | Payden Emerging Markets Corporate Bond Fund (Investor Class) | PYCEX           |
| C000136209 | Payden Emerging Markets Corporate Bond Fund (SI Class)       | PYCIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PAYDEN & RYGEL INVESTMENT GROUP

- **b. Investment Company Act file number:** 811-06625

- **c. CIK number of Registrant:** 0000885709

- **d. LEI of Registrant:** 549300QJNYRKYZS3P282

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

  - **Street Address 1:** 333 South Grand Avenue

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90071

  - **Telephone number:** 213-625-1900

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

- **a. Name of Series:** Payden Emerging Markets Corporate Bond Fund

- **b. EDGAR series identifier (if any):** S000042522

- **c. LEI of Series:** 549300YZ4XY581C25P40

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $83355001.38

**Total Liabilities:** $3415140.07

**Net Assets:** $79939861.31

**Delayed Delivery Securities:** $911438.71

**Cash Not Reported:** $467000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 30.00000000 | **1-Year:** 79.00000000 | **5-Year:** 4269.00000000 | **10-Year:** 6312.00000000 | **30-Year:** 9906.00000000

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

- **3-Month:** -206.00000000 | **1-Year:** 180.00000000 | **5-Year:** 5427.00000000 | **10-Year:** 7523.00000000 | **30-Year:** 5692.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131551 | 0.41%                | 1.42%                | 0.77%                |
| Class ID C000136209 | 0.53%                | 1.43%                | 0.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $169223.60               | $-79719.59                                 |
| Month 2  | $-20001.70               | $727168.92                                 |
| Month 3  | $-294372.21              | $474293.58                                 |

**Designated Index Information**

- **Index Name:** JP Morgan CEMBI Broad Diversified Index

- **Index Identifier:** JPM_CEMBI

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SWEIHAN PV POWER CO PJSC                       | Sweihan PV Power Co PJSC                                                         | CUSIP: 870674AA6<br>LEI: 353800EF1E1IC18GBC48 | Long             | DBT              | CORP              | AE        |     285894 | PA      | $235830.72    | 0.30%             | 2049-01-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                             | Total Play Telecomunicaciones SA de CV                                           | CUSIP: 89157PAD0<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |     215000 | PA      | $207458.89    | 0.26%             | 2032-12-31      | Fixed         | 11.12%                | No            |                  2 | On Loan: —       |
| FIEMEX ENERGIA - BANC AC                       | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple                 | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     611464 | PA      | $626536.54    | 0.78%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BIOCEANICO SOVEREIGN                           | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: 09076AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     307071 | PA      | $244428.64    | 0.31%             | 2034-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC                        | WE Soda Investments Holding PLC                                                  | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $208723.58    | 0.26%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                       | Shimao Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |      64824 | PA      | $4537.68      | 0.01%             | 2031-07-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DEL PERU                        | Banco Internacional del Peru SAA Interbank                                       | CUSIP: 05968DAG5<br>LEI: 5493001TRCGXJLRLHN14 | Long             | DBT              | CORP              | PE        |     550000 | PA      | $563612.50    | 0.71%             | 2035-04-30      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTI                       | Yinson Bergenia Production BV                                                    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $206538.49    | 0.26%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CIBANCO SA/PLA ADMIN                           | Cibanco SA Ibm / PLA Administradora Industrial S de RL de CV                     | CUSIP: 17162LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     200000 | PA      | $193968.46    | 0.24%             | 2029-07-18      | Fixed         | 4.96%                 | No            |                  2 | On Loan: No      |
| STATE BANK INDIA/LONDON                        | State Bank of India/London                                                       | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $200882.22    | 0.25%             | 2028-05-05      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SURA ASSET MANAGEMENT                          | SURA Asset Management SA                                                         | CUSIP: 78486LAB8<br>LEI: 549300013ETMS1C0EA22 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $210580.00    | 0.26%             | 2032-05-13      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| PROMIGAS/GASES PACIFICO                        | Promigas SA ESP / Gases del Pacifico SAC                                         | CUSIP: 74348DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     200000 | PA      | $187079.42    | 0.23%             | 2029-10-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                        | America Movil SAB de CV                                                          | CUSIP: 02364WBH7<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     245000 | PA      | $236728.46    | 0.30%             | 2029-04-22      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                       | Kaisa Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $9000.00      | 0.01%             | 2023-01-30      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CIBANCO SA INS DE BANCA                        | CIBANCO SA Institucion de Banca Multiple Trust CIB/3332                          | CUSIP: 171653AA6<br>LEI: 549300PN33H8IMG2PD83 | Long             | DBT              | CORP              | MX        |     440000 | PA      | $360966.10    | 0.45%             | 2031-07-22      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |       5646 | PA      | $2657.00      | 0.00%             | 2030-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                       | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971U2H9<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     260000 | PA      | $260975.00    | 0.33%             | 2035-03-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA                            | Banco Davivienda SA                                                              | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $203998.00    | 0.26%             | 2035-07-02      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| MONTEGO BAY AIRPORT REVE                       | Montego Bay Airport Revenue Finance Ltd                                          | CUSIP: 61238BAA9<br>LEI: 2549008BQQ5ON8H2UC19 | Long             | DBT              | CORP              | KY        |     225000 | PA      | $225300.38    | 0.28%             | 2035-06-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: —       |
| MARB BONDCO PLC                                | MARB BondCo PLC                                                                  | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $177723.06    | 0.22%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Oak Street Investment Grade Ne                 | Oak Street Investment Grade Net Lease Fund Series 2021-1                         | CUSIP: 67190AAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      99250 | PA      | $86985.33     | 0.11%             | 2051-01-20      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                       | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 984848AS0<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |     245000 | PA      | $257432.47    | 0.32%             | N/A             | Fixed         | 9.74%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                         | Anglo American Capital PLC                                                       | CUSIP: 034863BD1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $204317.23    | 0.26%             | 2033-05-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CIMKO CIMENTO AS                               | Cimko Cimento Ve Beton Sanayi Ve Ticaret AS                                      | CUSIP: 17186DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | TR        |     200000 | PA      | $203922.02    | 0.26%             | 2030-05-21      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                            | Avianca Midco 2 PLC                                                              | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     295000 | PA      | $274616.98    | 0.34%             | 2030-02-14      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER MEXICO                         | Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand | CUSIP: 05969BAC7<br>LEI: SCRYQ25DTVRHYYMM6P89 | Long             | DBT              | CORP              | MX        |     800000 | PA      | $850840.00    | 1.06%             | 2028-10-01      | Fixed         | 7.53%                 | No            |                  2 | On Loan: No      |
| ICICI BANK LTD/DUBAI                           | ICICI Bank Ltd/Dubai                                                             | CUSIP: 45112EAG4<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $199098.04    | 0.25%             | 2026-03-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOHL CAPITAL LTD                               | Gohl Capital Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900TF7OK6KSDZA888 | Long             | DBT              | CORP              | IM        |     395000 | PA      | $391778.16    | 0.49%             | 2027-01-24      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                            | Shriram Finance Ltd                                                              | CUSIP: 82556FAB8<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     220000 | PA      | $221958.88    | 0.28%             | 2028-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                         | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAC2<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     295000 | PA      | $301232.06    | 0.38%             | 2030-05-13      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP                               | Aris Mining Corp                                                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $205832.00    | 0.26%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     295000 | PA      | $292217.41    | 0.37%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARAGVI FINANCE INTL                            | Aragvi Finance International DAC                                                 | CUSIP: 03851RAC8<br>LEI: 635400VKAYT1VT6VBF50 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $201473.50    | 0.25%             | 2029-11-20      | Fixed         | 11.12%                | No            |                  2 | On Loan: —       |
| GOL FINANCE                                    | Gol Finance Inc                                                                  | CUSIP: 36254VAN8<br>LEI: 549300FRXVB8W0960Y03 | Long             | DBT              | CORP              | KY        |     120000 | PA      | $117150.00    | 0.15%             | 2030-06-06      | Fixed         | 14.38%                | No            |                  2 | On Loan: No      |
| SAUDI ARABIAN OIL CO                           | Saudi Arabian Oil Co                                                             | CUSIP: 80414L2Q7<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     420000 | PA      | $391353.90    | 0.49%             | 2064-07-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                            | COMM 2025-SBX Mortgage Trust                                                     | CUSIP: 20047UAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     200000 | PA      | $200429.40    | 0.25%             | 2041-08-10      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAM0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $198894.67    | 0.25%             | N/A             | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                       | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 833636AN3<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     600000 | PA      | $633264.00    | 0.79%             | 2033-11-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINER                       | Sociedad Quimica y Minera de Chile SA                                            | CUSIP: 833636AP8<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |     220000 | PA      | $214737.60    | 0.27%             | 2034-09-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 706451BR1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     220000 | PA      | $182151.20    | 0.23%             | 2038-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SOCIEDAD DE TRANSMISION                        | Sociedad de Transmision Austral SA                                               | CUSIP: 83364AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     280000 | PA      | $261934.79    | 0.33%             | 2032-01-27      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE                           | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAE6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $195167.16    | 0.24%             | 2037-02-25      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     985000 | PA      | $1026866.44   | 1.28%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| LIMAK CIMENTO SANAYI                           | Limak Cimento Sanayi ve Ticaret AS                                               | CUSIP: 53263AAA6<br>LEI: 789000EEUQIGHI88WH47 | Long             | DBT              | CORP              | TR        |     455000 | PA      | $463579.21    | 0.58%             | 2029-07-25      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                        | Hungary Government Bond                                                          | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  387000000 | PA      | $764379.94    | 0.96%             | 2034-06-22      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                         | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: 05970AAA0<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |     390000 | PA      | $390479.04    | 0.49%             | 2025-10-14      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $191614.16    | 0.24%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      46511 | PA      | $23571.71     | 0.03%             | 2034-02-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| QNB FINANCE LTD                                | QNB Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300MY0DXTHQEX5O57 | Long             | DBT              | CORP              | KY        |     250000 | PA      | $243255.00    | 0.30%             | 2027-02-12      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                       | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 88034QAC1<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $181550.39    | 0.23%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UEP PENONOME II SA                             | UEP Penonome II SA                                                               | CUSIP: 90363PAA4<br>LEI: 549300DS6G5XB230S845 | Long             | DBT              | CORP              | PA        |     243333 | PA      | $215991.46    | 0.27%             | 2038-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                         | Mexico City Airport Trust                                                        | CUSIP: 59284MAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     255000 | PA      | $212178.27    | 0.27%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     250000 | PA      | $254070.97    | 0.32%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 000000000<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $372000.00    | 0.47%             | 2027-11-08      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING METALLURGIC                       | Navoi Mining & Metallurgical Combinat                                            | CUSIP: 63890CAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |     200000 | PA      | $204968.48    | 0.26%             | 2028-10-17      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      27017 | PA      | $25700.21     | 0.03%             | 2028-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     300000 | PA      | $306843.06    | 0.38%             | N/A             | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CG5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      14858 | PA      | $6933.17      | 0.01%             | 2036-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $502529.58    | 0.63%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| REC LTD                                        | REC Ltd                                                                          | CUSIP: 74947LAD6<br>LEI: 335800B4YRYWAMIJZ374 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $204485.13    | 0.26%             | 2028-04-11      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                        | America Movil SAB de CV                                                          | CUSIP: 02364WBK0<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $197783.72    | 0.25%             | 2032-07-21      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 LTD                                 | NBK Tier 1 Ltd                                                                   | CUSIP: 62879NAB3<br>LEI: 5493000G4QCCEE8YHF19 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $203036.00    | 0.25%             | N/A             | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                           | Samarco Mineracao SA                                                             | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     648344 | PA      | $642496.45    | 0.80%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MANAPPURAM FINANCE LTD                         | Manappuram Finance Ltd                                                           | CUSIP: 000000000<br>LEI: 335800JL5WTUSKOSPN77 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $205057.26    | 0.26%             | 2028-05-12      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      23805 | PA      | $20078.33     | 0.03%             | 2036-05-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                       | Terraform Global Operating LP                                                    | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |     298000 | PA      | $297081.71    | 0.37%             | 2026-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                       | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc            | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     325000 | PA      | $339579.50    | 0.42%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ALICORP SAA                                    | Alicorp SAA                                                                      | CUSIP: 016234AE6<br>LEI: 549300Z1XH47TTIIJS11 | Long             | DBT              | CORP              | PE        |    1400000 | PA      | $395042.39    | 0.49%             | 2032-06-16      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| MINEJESA CAPITAL BV                            | Minejesa Capital BV                                                              | CUSIP: 602736AA8<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |     398647 | PA      | $394789.37    | 0.49%             | 2030-08-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ANTOFAGASTA PLC                                | Antofagasta PLC                                                                  | CUSIP: 03718NAC0<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $209478.20    | 0.26%             | 2034-05-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     270000 | PA      | $273567.51    | 0.34%             | 2028-08-08      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| MEXICO GENERADORA DE ENE                       | Mexico Generadora de Energia S de rl                                             | CUSIP: 592838AA4<br>LEI: 635400GBINBYW1VUAD14 | Long             | DBT              | CORP              | MX        |     153605 | PA      | $153971.71    | 0.19%             | 2032-12-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANC CREDITO INVERSIONES                       | Banco de Credito e Inversiones SA                                                | CUSIP: 05890MAA1<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     205000 | PA      | $200689.67    | 0.25%             | 2027-10-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANCO NACIONAL COM EXT                         | Banco Nacional de Comercio Exterior SNC/Cayman Islands                           | CUSIP: 05974TAA5<br>LEI: 4469000001BL6VG3DH44 | Long             | DBT              | CORP              | MX        |     355000 | PA      | $362100.00    | 0.45%             | 2030-05-07      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CODELCO INC                                    | Corp Nacional del Cobre de Chile                                                 | CUSIP: 21987BAW8<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     405000 | PA      | $398148.37    | 0.50%             | 2027-08-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| KOOKMIN BANK                                   | Kookmin Bank                                                                     | CUSIP: 50050GAN8<br>LEI: 549300XXMOJSIW8P4769 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $178477.19    | 0.22%             | 2030-11-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY CO ISSUE                           | Star Energy Geothermal Darajat II / Star Energy Geothermal Salak                 | CUSIP: 85513LAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     260000 | PA      | $248428.75    | 0.31%             | 2038-10-14      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH                            | Suzano Austria GmbH                                                              | CUSIP: 05674XAA9<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     200000 | PA      | $202055.20    | 0.25%             | 2026-07-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLDINGS PLC                         | AngloGold Ashanti Holdings PLC                                                   | CUSIP: 03512TAB7<br>LEI: 213800745ZIXC4L6A131 | Long             | DBT              | CORP              | IM        |     485000 | PA      | $498622.89    | 0.62%             | 2040-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     310672 | PA      | $153822.95    | 0.19%             | 2036-02-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/MXN FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |          1 | NC      | $3281.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KALLPA GENERACION SA                           | Kallpa Generacion SA                                                             | CUSIP: 156830AA9<br>LEI: 549300NG1PWEI5BZG095 | Long             | DBT              | CORP              | PE        |     395000 | PA      | $391579.22    | 0.49%             | 2027-08-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SAUDI ELECTRICITY SUKUK                        | Saudi Electricity Sukuk Programme Co                                             | CUSIP: 000000000<br>LEI: 549300KZ4IZK3RMUO096 | Long             | DBT              | CORP              | KY        |     400000 | PA      | $407916.81    | 0.51%             | 2030-02-18      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| OLEODUCTO CENTRAL SA                           | Oleoducto Central SA                                                             | CUSIP: 680617AC1<br>LEI: 254900W4CPYCQFVH5E92 | Long             | DBT              | CORP              | CO        |     585000 | PA      | $570653.69    | 0.71%             | 2027-07-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                      | Prosus NV                                                                        | CUSIP: 74365PAD0<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     415000 | PA      | $279263.96    | 0.35%             | 2050-08-03      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                      | Prosus NV                                                                        | CUSIP: 74365PAJ7<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $388429.48    | 0.49%             | 2052-01-19      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $17708.00     | 0.02%             | 2027-01-14      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NAVOI MINING METALLURGIC                       | Navoi Mining & Metallurgical Combinat                                            | CUSIP: 63890CAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | UZ        |     335000 | PA      | $343805.54    | 0.43%             | 2030-05-14      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                | IHS Holding Ltd                                                                  | CUSIP: 44963HAC9<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     635000 | PA      | $644375.56    | 0.81%             | 2030-05-29      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Payden Cash Reserves Money Market Fund         | Payden Cash Reserves Money Market Fund                                           | CUSIP: 704329598<br>LEI: 549300SI0EB26HO5RT16 | Long             | STIV             | RF                | US        |    1278136 | NS      | $1278136.20   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                        | America Movil SAB de CV                                                          | CUSIP: 02364WBL8<br>LEI: 5493000FNR3UCEAONM59 | Long             | DBT              | CORP              | MX        |    7500000 | PA      | $400611.99    | 0.50%             | 2031-01-27      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PAYDEN CASH RESERVES MONEY MARKET              | PAYDEN CASH RESERVES MONEY MARKET                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    1564621 | NS      | $1564621.30   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF MONTREAL                               | Bank of Montreal                                                                 | CUSIP: 06368L8V1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $200900.00    | 0.25%             | 2085-11-26      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $209893.66    | 0.26%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| LETRA TESOURO NACIONAL                         | Brazil Letras do Tesouro Nacional                                                | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2700000 | PA      | $425418.93    | 0.53%             | 2026-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUST                                | Energuate Trust                                                                  | CUSIP: 29277RAA3<br>LEI: 549300RVM37LH8GY7E41 | Long             | DBT              | CORP              | KY        |     500000 | PA      | $497662.50    | 0.62%             | 2027-05-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CONTINUUM GRN SPV CO-ISS                       | Continuum Green Energy India Pvt / Co-Issuers                                    | CUSIP: 89629LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     197722 | PA      | $204024.80    | 0.26%             | 2033-06-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DP WORLD SALAAM                                | DP World Salaam                                                                  | CUSIP: 000000000<br>LEI: 549300SUYBT9X88E9435 | Long             | DBT              | CORP              | KY        |     595000 | PA      | $594440.78    | 0.74%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                              | MDGH GMTN RSC Ltd                                                                | CUSIP: 55276VAG7<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     315000 | PA      | $316808.89    | 0.40%             | 2028-11-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS                       | Citigroup Global Markets Holdings Inc/United States                              | CUSIP: 173074TE5<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |   11815000 | PA      | $209690.14    | 0.26%             | 2026-03-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     160000 | PA      | $158105.89    | 0.20%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 10YR ULTRA                                                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         -3 | NC      | $-4041.51     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     610000 | PA      | $581832.27    | 0.73%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                              | Vedanta Resources Finance II PLC                                                 | CUSIP: 92243XAJ0<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     270000 | PA      | $278656.02    | 0.35%             | 2028-06-03      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| EIG PEARL HOLDINGS SARL                        | EIG Pearl Holdings Sarl                                                          | CUSIP: 000000000<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $158575.00    | 0.20%             | 2046-11-30      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                    | Geopark Ltd                                                                      | CUSIP: 37255BAC3<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |     200000 | PA      | $173063.00    | 0.22%             | 2030-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| EAGLE FUNDING LUXCO SARL                       | Eagle Funding Luxco Sarl                                                         | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |     250000 | PA      | $251437.50    | 0.31%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAKS GLOBAL ENTERPRS LLC                       | Saks Global Enterprises LLC                                                      | CUSIP: 79380MAA3<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |     430000 | PA      | $98900.00     | 0.12%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654922AB9<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     200000 | PA      | $206463.39    | 0.26%             | 2030-07-17      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                               | Lenovo Group Ltd                                                                 | CUSIP: 526250AE5<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |     200000 | PA      | $215004.30    | 0.27%             | 2032-07-27      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| MUTHOOT FINANCE LTD                            | Muthoot Finance Ltd                                                              | CUSIP: 62828L2C6<br>LEI: 335800HAMJMBFL4RRF02 | Long             | DBT              | CORP              | IN        |     455000 | PA      | $465723.55    | 0.58%             | 2028-02-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 10YR NOTE (CBT)                                                               | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -11 | NC      | $-10350.12    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $205865.60    | 0.26%             | 2032-04-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BANCO BBVA PERU SA                             | Banco BBVA Peru SA                                                               | CUSIP: 058950AA4<br>LEI: 549300H1JNU0HLNFU552 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $207339.00    | 0.26%             | 2034-06-07      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                         | Mexico City Airport Trust                                                        | CUSIP: 59284MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     385000 | PA      | $377294.23    | 0.47%             | 2026-10-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                            | Shriram Finance Ltd                                                              | CUSIP: 82556FAA0<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     480000 | PA      | $489776.64    | 0.61%             | 2027-04-22      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VTR COMUNICACIONES SPA                         | VTR Comunicaciones SpA                                                           | CUSIP: 918367AC7<br>LEI: 213800XDZJKMC1AEUV94 | Long             | DBT              | CORP              | CL        |     400000 | PA      | $367365.50    | 0.46%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| INDUSTRIAS PENOLES SAB D                       | Industrias Penoles SAB de CV                                                     | CUSIP: 456472AC3<br>LEI: 549300WA2HB7776CB324 | Long             | DBT              | CORP              | MX        |     230000 | PA      | $203971.13    | 0.26%             | 2049-09-12      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MTN MAURITIUS INVSTMENTS                       | MTN Mauritius Investments Ltd                                                    | CUSIP: 55377XAB2<br>LEI: 2549009PQD415OQIR074 | Long             | DBT              | CORP              | MU        |     200000 | PA      | $201840.90    | 0.25%             | 2026-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CELULOSA ARAUCO CONSTITU                       | Celulosa Arauco y Constitucion SA                                                | CUSIP: 151191BR3<br>LEI: 549300QEKV8G0AMNQD28 | Long             | DBT              | CORP              | CL        |     255000 | PA      | $261630.00    | 0.33%             | 2032-05-05      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| WINTRUST FINANCIAL CORP                        | Wintrust Financial Corp                                                          | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               | CORP              | US        |       8000 | NS      | $209600.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CSN ISLANDS XI CORP                            | CSN Inova Ventures                                                               | CUSIP: 12642KAB0<br>LEI: 222100R8R68DM7VM3661 | Long             | DBT              | CORP              | KY        |     410000 | PA      | $390717.78    | 0.49%             | 2028-01-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC                         | JB Poindexter & Co Inc                                                           | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |     100000 | PA      | $102398.75    | 0.13%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHILE ELEC PEC SPA                             | Chile Electricity PEC SpA                                                        | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |     867010 | PA      | $768387.28    | 0.96%             | 2028-01-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                        | Consolidated Energy Finance SA                                                   | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     350000 | PA      | $329320.65    | 0.41%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: —       |
| GREENKO POWER II LTD                           | Greenko Power II Ltd                                                             | CUSIP: 000000000<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |     207350 | PA      | $196767.31    | 0.25%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     245000 | PA      | $225955.84    | 0.28%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CZECHOSLOVAK GROUP                             | Czechoslovak Group AS                                                            | CUSIP: 000000000<br>LEI: 315700SWFD7G70AVG768 | Long             | DBT              | CORP              | CZ        |     200000 | PA      | $202866.28    | 0.25%             | 2031-01-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SAU                       | EnfraGen Energia Sur SAU/ EnfraGen Chile SpA/ EnfraGen Spain SAU                 | CUSIP: 29281MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |     200000 | PA      | $203990.00    | 0.26%             | 2032-06-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AEROPUERTO INTL TOCUMEN                        | Aeropuerto Internacional de Tocumen SA                                           | CUSIP: 00787CAD4<br>LEI: 254900FO1PHX49ZIGB14 | Long             | DBT              | CORP              | PA        |     620000 | PA      | $479377.80    | 0.60%             | 2041-08-11      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO                       | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     607000 | PA      | $622842.38    | 0.78%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/COP FORWARD                                                                  | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |          1 | NC      | $13387.06     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AES ANDES SA                                   | AES Andes SA                                                                     | CUSIP: 00111VAA5<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     605000 | PA      | $626512.59    | 0.78%             | 2029-03-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CBQ FINANCE LTD                                | CBQ Finance Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800FNEMX56U9OHK56 | Long             | DBT              | CORP              | BM        |     300000 | PA      | $298883.70    | 0.37%             | 2025-09-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CONTINUUM ENERGY AURA                          | Continuum Energy Aura Pte Ltd                                                    | CUSIP: 21218JAB8<br>LEI: 984500AB52D7C8GC2E33 | Long             | DBT              | CORP              | SG        |     950000 | PA      | $980821.80    | 1.23%             | 2027-02-24      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Lin                 | Santander Bank Auto Credit-Linked Notes Series 2023-A                            | CUSIP: 80290CBX1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      32100 | PA      | $32414.16     | 0.04%             | 2033-06-15      | Fixed         | 10.07%                | No            |                  2 | On Loan: No      |
| EW SCRIPPS CO                                  | EW Scripps Co/The                                                                | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |      50000 | PA      | $49737.31     | 0.06%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ENGIE ENERGIA CHILE SA                         | Engie Energia Chile SA                                                           | CUSIP: 29287TAB5<br>LEI: 5493000FIKCC3ZDWTO77 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $210126.00    | 0.26%             | 2034-04-17      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Azul Secured Finance LLP                       | AZUL SECURED FINANCE LLP                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     200000 | PA      | $205313.00    | 0.26%             | 2026-02-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG                       | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 00388WAP6<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $193022.65    | 0.24%             | 2037-03-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                         | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |     995000 | PA      | $967888.74    | 1.21%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                           | Stillwater Mining Co                                                             | CUSIP: 86074QAP7<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |     240000 | PA      | $235518.40    | 0.29%             | 2026-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NIAGARA ENERGY SAC                             | Niagara Energy SAC                                                               | CUSIP: 65345YAA0<br>LEI: 254900V9UGCG42YQ6848 | Long             | DBT              | CORP              | PE        |     420000 | PA      | $420993.77    | 0.53%             | 2034-10-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WaterBridge Midstream Operating LLC            | WATERBRIDGE MIDSTREAM OPERATING LLC                                              | CUSIP: 94120XAF2<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |      79126 | PA      | $79383.54     | 0.10%             | 2029-06-27      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     400000 | PA      | $396620.32    | 0.50%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Oak Street Investment Grade Ne                 | Oak Street Investment Grade Net Lease Fund Series 2020-1                         | CUSIP: 67181DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      99167 | PA      | $96469.26     | 0.12%             | 2050-11-20      | Fixed         | 2.26%                 | No            |                  2 | On Loan: No      |
| PT SORIK MAR GEO POW                           | Sorik Marapi Geothermal Power PT                                                 | CUSIP: 74390TAA7<br>LEI: 254900OW9VKG09S8C597 | Long             | DBT              | CORP              | ID        |     197460 | PA      | $200175.08    | 0.25%             | 2031-08-05      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | ZAR/USD FORWARD                                                                  | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |          1 | NC      | $12072.98     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCORP PERU LTD                             | Intercorp Peru Ltd                                                               | CUSIP: 458652AB0<br>LEI: 549300L0OFVSOE4NSY75 | Long             | DBT              | CORP              | BS        |    1050000 | PA      | $991978.23    | 1.24%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ANGLO AMERICAN CAPITAL                         | Anglo American Capital PLC                                                       | CUSIP: 034863AR1<br>LEI: TINT358G1SSHR3L3PW36 | Long             | DBT              | CORP              | GB        |     315000 | PA      | $315752.45    | 0.39%             | 2027-04-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GDZ ELEKTRIK DAGITIM AS                        | GDZ Elektrik Dagitim AS                                                          | CUSIP: 36270TAA1<br>LEI: 984500B63B5766038A64 | Long             | DBT              | CORP              | TR        |    1000000 | PA      | $971750.27    | 1.22%             | 2029-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MHP LUX SA                                     | MHP Lux SA                                                                       | CUSIP: 59318YAA6<br>LEI: 222100RHC7R1WZ1J3M44 | Long             | DBT              | CORP              | LU        |     290000 | PA      | $272659.45    | 0.34%             | 2026-04-03      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| HSBC SECURITIES (USA) INC.                     | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: CYYGQCGNHMHPSMRL3R97 | N/A              | DFE              | CORP              | US        |          1 | NC      | $17832.50     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                         | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAD0<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     270000 | PA      | $278410.50    | 0.35%             | 2035-05-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                              | Vedanta Resources Finance II PLC                                                 | CUSIP: 92243XAL5<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $200836.57    | 0.25%             | 2033-04-24      | Fixed         | 9.85%                 | No            |                  2 | On Loan: No      |
| STICHTING ADMINISTRATIEKANT NPV ADR            | STICHTING ADMINISTRATIEKANT NPV ADR                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        355 | NS      | $3.55         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                        | Reliance Industries Ltd                                                          | CUSIP: 759470BD8<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     250000 | PA      | $176063.57    | 0.22%             | 2052-01-12      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                                 | ARD Finance SA                                                                   | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |     214763 | PA      | $15972.98     | 0.02%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                          | MAF Global Securities Ltd                                                        | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $620240.25    | 0.78%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OOREDOO INTL FINANCE                           | Ooredoo International Finance Ltd                                                | CUSIP: 74733LAE2<br>LEI: 549300BHXCDJ03WU7N77 | Long             | DBT              | CORP              | BM        |     500000 | PA      | $500692.50    | 0.63%             | 2025-10-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 600814AN7<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     315000 | PA      | $313154.35    | 0.39%             | 2028-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government Bond                                         | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    6900000 | PA      | $376193.92    | 0.47%             | 2030-01-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US ULTRA BOND CBT                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |          7 | NC      | $28467.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                        | Reliance Industries Ltd                                                          | CUSIP: 759470AX5<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |     250000 | PA      | $245107.90    | 0.31%             | 2027-11-30      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| MEGLOBAL BV                                    | MEGlobal BV                                                                      | CUSIP: 29441WAD7<br>LEI: 549300WBVLU2FILR7W19 | Long             | DBT              | CORP              | NL        |     205000 | PA      | $193861.43    | 0.24%             | 2028-04-28      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| DIAMOND II LTD                                 | Diamond II Ltd                                                                   | CUSIP: 25276VAA3<br>LEI: 254900KL4GQ2XC50XL44 | Long             | DBT              | CORP              | MU        |     600000 | PA      | $605060.34    | 0.76%             | 2026-07-28      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 67091TAH8<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     200000 | PA      | $203712.52    | 0.25%             | 2030-04-30      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| AES ANDES SA                                   | AES Andes SA                                                                     | CUSIP: 00111VAC1<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $209806.40    | 0.26%             | 2055-06-10      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                                                  | CUSIP: 37045XFH4<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     200000 | PA      | $201136.55    | 0.25%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| RAIZEN FUELS FINANCE                           | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAB2<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     285000 | PA      | $283020.39    | 0.35%             | 2034-03-05      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| LIBERTY COSTA RICA SR SF                       | Liberty Costa Rica Senior Secured Finance                                        | CUSIP: 530371AA1<br>LEI: 549300W6O2PHTPCYQ751 | Long             | DBT              | CORP              | KY        |     360000 | PA      | $383693.40    | 0.48%             | 2031-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| KRATON CORP                                    | Kraton Corp                                                                      | CUSIP: 50077CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $202346.82    | 0.25%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                       | Cia de Minas Buenaventura SAA                                                    | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $204770.00    | 0.26%             | 2032-02-04      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Hotwire Funding LLC                            | Hotwire Funding LLC                                                              | CUSIP: 44148JAM1<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |     750000 | PA      | $785436.00    | 0.98%             | 2054-06-20      | Fixed         | 9.19%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $199310.68    | 0.25%             | 2030-07-27      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAK1<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     255000 | PA      | $254021.28    | 0.32%             | 2026-01-08      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTIO                       | Yinson Boronia Production BV                                                     | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     794683 | PA      | $858292.82    | 1.07%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| VTR COMUNICACIONES SPA                         | VTR Comunicaciones SpA                                                           | CUSIP: 918367AA1<br>LEI: 213800XDZJKMC1AEUV94 | Long             | DBT              | CORP              | CL        |     200000 | PA      | $191617.86    | 0.24%             | 2028-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.               | IRS MXN                                                                          | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |          1 | NC      | $18966.70     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| EMP DIST ELEC MENDOZA SA                       | Empresa Distribuidora de Electricidad de Mendoza SA                              | CUSIP: 29245HAG1<br>LEI: 254900L7KLS0HQJ56Y35 | Long             | DBT              | CORP              | AR        |     160000 | PA      | $150400.00    | 0.19%             | 2031-07-28      | Variable      | 9.75%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRICITY LUX                          | Chile Electricity Lux Mpc II Sarl                                                | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     215051 | PA      | $217524.19    | 0.27%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| POWER FINANCE CORP LTD                         | Power Finance Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | CORP              | IN        |     460000 | PA      | $455828.72    | 0.57%             | 2029-06-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAN MIGUEL INDUSTRIAS                          | SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA                       | CUSIP: 79911QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     200000 | PA      | $190158.00    | 0.24%             | 2028-08-02      | Variable      | 3.75%                 | No            |                  2 | On Loan: —       |
| EMIRATES SEMBCORP WATER                        | Emirates Semb Corp Water & Power Co PJSC                                         | CUSIP: 29135EAA4<br>LEI: 213800FF7EXWECXGTO26 | Long             | DBT              | CORP              | AE        |     280000 | PA      | $265121.50    | 0.33%             | 2035-08-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HANWHA FUTUREPROOF CORP                        | Hanwha Futureproof Corp                                                          | CUSIP: 41090AAA0<br>LEI: 9884007L4WD2KH9RM154 | Long             | DBT              | CORP              | US        |     200000 | PA      | $201646.72    | 0.25%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      47630 | PA      | $40102.91     | 0.05%             | 2038-02-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                  | CoreWeave Inc                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |     360000 | PA      | $358915.10    | 0.45%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| SAEL LTD GROUP ISSUERS                         | SAEL/SPREPL/SSSPL/JGPEPL/SKREPL/UBEPL                                            | CUSIP: 78637MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     611888 | PA      | $597643.89    | 0.75%             | 2031-07-31      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     200000 | PA      | $207653.18    | 0.26%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOBAL MARKETS                       | Citigroup Global Markets Holdings Inc/United States                              | CUSIP: 173074TR6<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |   20990000 | PA      | $372526.12    | 0.47%             | 2026-03-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VARANASI AURA NH-2 TOLL                        | Varanasi Aurangabad Nh-2 Tollway Pvt Ltd                                         | CUSIP: 92213HAA0<br>LEI: 335800WU93PC1E28MY29 | Long             | DBT              | CORP              | IN        |     200000 | PA      | $205700.29    | 0.26%             | 2034-02-28      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| EL PUERTO DE LIVERPOOL                         | El Puerto de Liverpool SAB de CV                                                 | CUSIP: 283837AC6<br>LEI: 4469000001BO4JEXZL32 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $207979.80    | 0.26%             | 2032-01-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL                             | Saavi Energia Sarl                                                               | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     275000 | PA      | $286563.75    | 0.36%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SITIOS LATINOAMERICA                           | Sitios Latinoamerica SAB de CV                                                   | CUSIP: 82983PAA1<br>LEI: 984500D2C0CDC0BFDD35 | Long             | DBT              | CORP              | MX        |     420000 | PA      | $431046.00    | 0.54%             | 2029-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GREENSAIF PIPELINES BIDC                       | Greensaif Pipelines Bidco Sarl                                                   | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $205197.15    | 0.26%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-VLT7                                                               | CUSIP: 123913AJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     200000 | PA      | $201094.96    | 0.25%             | 2044-07-15      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| ABU DHABI FUTURE ENERGY                        | Abu Dhabi Future Energy Co Pjsc Masdar                                           | CUSIP: 000000000<br>LEI: 213800BBECR1I9FTPZ70 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $202650.94    | 0.25%             | 2029-07-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COMETA ENERGIA SA                              | Cometa Energia SA de CV                                                          | CUSIP: 20039FAA7<br>LEI: 5493007L8UH7TYXKI505 | Long             | DBT              | CORP              | MX        |     189500 | PA      | $196351.19    | 0.25%             | 2035-04-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CE0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      21097 | PA      | $7956.64      | 0.01%             | 2034-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                            | NBM US Holdings Inc                                                              | CUSIP: 62877VAA9<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |     200000 | PA      | $200761.20    | 0.25%             | 2026-05-14      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO                           | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |     115000 | PA      | $124789.61    | 0.16%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| NAVOIYURAN                                     | Navoiyuran State Enterprise                                                      | CUSIP: 85679AAA6<br>LEI: 254900ACNT2MA4KNLL55 | Long             | DBT              | CORP              | UZ        |     200000 | PA      | $198583.73    | 0.25%             | 2030-07-02      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 67091TAJ4<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     200000 | PA      | $202752.88    | 0.25%             | 2036-03-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| INDOFOOD CBP SUKSES MAKM                       | Indofood CBP Sukses Makmur Tbk PT                                                | CUSIP: 000000000<br>LEI: 254900YKZW9GRKZZN285 | Long             | DBT              | CORP              | ID        |     220000 | PA      | $203534.05    | 0.25%             | 2031-06-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                          | Minerva Luxembourg SA                                                            | CUSIP: 603374AF6<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |     510000 | PA      | $456790.83    | 0.57%             | 2031-03-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VISTA OIL & GAS ARGENTIN                       | Vista Energy Argentina SAU                                                       | CUSIP: 92841RAB6<br>LEI: 549300FE4UJNCG1DB123 | Long             | DBT              | CORP              | AR        |     210000 | PA      | $215722.50    | 0.27%             | 2033-06-10      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MINERA MEXICO SA DE CV                         | Minera Mexico SA de CV                                                           | CUSIP: 60284MAC6<br>LEI: 2549005BMA2EK49I0T98 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $203380.00    | 0.25%             | 2032-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                       | Shimao Group Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |     176237 | PA      | $13217.78     | 0.02%             | 2026-07-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO                       | Colombia Telecomunicaciones SA ESP                                               | CUSIP: 19533PAC4<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |     310000 | PA      | $275018.89    | 0.34%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     200000 | PA      | $204440.00    | 0.26%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA                           | Telecom Argentina SA                                                             | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     135000 | PA      | $139691.52    | 0.17%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TURKIYE GARANTI BANKASI                        | Turkiye Garanti Bankasi AS                                                       | CUSIP: 900148AF4<br>LEI: 5493002XSS7K7RHN1V37 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $204632.76    | 0.26%             | 2034-02-28      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                             | Ally Financial Inc                                                               | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     425000 | PA      | $413887.65    | 0.52%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| KIMBERLY-CLARK DE MEXICO                       | Kimberly-Clark de Mexico SAB de CV                                               | CUSIP: 494386AD7<br>LEI: 549300JGHL56QT00KT54 | Long             | DBT              | CORP              | MX        |     420000 | PA      | $377555.51    | 0.47%             | 2031-07-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| COLBUN SA                                      | Colbun SA                                                                        | CUSIP: 192714AC7<br>LEI: 5493003VQJLE2QB8IF36 | Long             | DBT              | CORP              | CL        |     425000 | PA      | $420015.69    | 0.53%             | 2027-10-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CF7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      17829 | PA      | $8319.56      | 0.01%             | 2035-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivabl                 | Santander Drive Auto Receivables Trust 2023-S1                                   | CUSIP: 80286QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     315634 | PA      | $316372.66    | 0.40%             | 2028-04-18      | Fixed         | 10.40%                | No            |                  2 | On Loan: No      |
| DAR AL-ARKAN SUKUK CO LT                       | Dar Al-Arkan Sukuk Co Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000UYHRBXEIYUQ69 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $201512.40    | 0.25%             | 2026-02-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CORP FINANCIERA DE DESAR                       | Corp Financiera de Desarrollo SA                                                 | CUSIP: 21987DAH7<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |     200000 | PA      | $202803.00    | 0.25%             | 2030-05-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANC CREDITO INVERSIONES                       | Banco de Credito e Inversiones SA                                                | CUSIP: 05890MAC7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     240000 | PA      | $258105.60    | 0.32%             | N/A             | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                       | Phoenix Aviation Capital Ltd                                                     | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $209737.30    | 0.26%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TRANSPRTDRA DE GAS INTL                        | Transportadora de Gas Internacional SA ESP                                       | CUSIP: 89387YAC5<br>LEI: 529900780HCVLCEM2440 | Long             | DBT              | CORP              | CO        |     400000 | PA      | $405501.20    | 0.51%             | 2028-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      55898 | PA      | $50377.62     | 0.06%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                            | Braskem Netherlands Finance BV                                                   | CUSIP: 10554TAE5<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    1455000 | PA      | $867394.25    | 1.09%             | 2050-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA                       | AI Candelaria -spain- SA                                                         | CUSIP: 001355AA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     292499 | PA      | $294123.62    | 0.37%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENERGO PRO AS                                  | Energo-Pro AS                                                                    | CUSIP: 000000000<br>LEI: 315700IQCL9IX158RO36 | Long             | DBT              | CORP              | CZ        |     150000 | PA      | $181056.72    | 0.23%             | 2030-05-27      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KONDOR FINANCE PLC (NAK)                       | NAK Naftogaz Ukraine via Kondor Finance PLC                                      | CUSIP: 50050MAB1<br>LEI: 213800PUC1T9GI6EIO63 | Long             | DBT              | CORP              | GB        |     233512 | PA      | $183435.42    | 0.23%             | 2028-11-08      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| SCOTIABANK PERU SA                             | Scotiabank Peru SAA                                                              | CUSIP: 80928HAB9<br>LEI: 5493001E54CPRG5J5Q41 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $204180.00    | 0.26%             | 2035-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| PLUSPETROL CAM/PLUS LOTE                       | Pluspetrol Camisea SA / Pluspetrol Lote 56 SA                                    | CUSIP: 72941KAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     420000 | PA      | $437595.06    | 0.55%             | 2036-07-03      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| GENM CAPITAL LABUAN                            | GENM Capital Labuan Ltd                                                          | CUSIP: 37231BAA6<br>LEI: 254900DWSHIWTSE0YG58 | Long             | DBT              | CORP              | MY        |     200000 | PA      | $181893.78    | 0.23%             | 2031-04-19      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $206334.43    | 0.26%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                            | Braskem Netherlands Finance BV                                                   | CUSIP: 10554TAF2<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     215000 | PA      | $177479.28    | 0.22%             | 2081-01-23      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                         | Canadian Imperial Bank of Commerce                                               | CUSIP: 13607P7Y4<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |     200000 | PA      | $202300.00    | 0.25%             | 2085-10-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRINIDAD GEN UNLTD                             | Trinidad Generation UnLtd                                                        | CUSIP: 89636DAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |     200000 | PA      | $206155.00    | 0.26%             | 2033-06-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA LUX II SRL                       | Tierra Mojada Luxembourg II Sarl                                                 | CUSIP: 30260LAA3<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |     435317 | PA      | $415488.40    | 0.52%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LINE 2 FIN LT                       | Lima Metro Line 2 Finance Ltd                                                    | CUSIP: 532522AA7<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |     190851 | PA      | $195081.01    | 0.24%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                | SWOP CDS CDX.NA.HY.44.V1                                                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |    3000000 | NC      | $2735.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      50798 | PA      | $41747.00     | 0.05%             | 2033-03-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| ZORLU ENERJI ELEKTRIK                          | Zorlu Enerji Elektrik Uretim AS                                                  | CUSIP: 98977LAA4<br>LEI: 7890005B5CSNL39OYO75 | Long             | DBT              | CORP              | TR        |     370000 | PA      | $358764.60    | 0.45%             | 2030-04-23      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BBFI LIQUIDATING TRUST                         | BBFI Liquidating Trust                                                           | CUSIP: 07335VAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     532180 | PA      | $5321.80      | 0.01%             | 2099-12-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                       | Digicel International Finance Ltd / Difl US LLC                                  | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     200000 | PA      | $202174.60    | 0.25%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                              | HSBC Holdings PLC                                                                | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     200000 | PA      | $204274.30    | 0.26%             | N/A             | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                  | Citigroup Inc                                                                    | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     200000 | PA      | $202200.00    | 0.25%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MEDCO CYPRESS TREE PTE                         | Medco Cypress Tree Pte Ltd                                                       | CUSIP: 58406VAA7<br>LEI: 254900NKZ2Y3YZK4WC46 | Long             | DBT              | CORP              | SG        |     315000 | PA      | $329027.78    | 0.41%             | 2030-05-19      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| ADECOAGRO SA                                   | Adecoagro SA                                                                     | CUSIP: 00676LAC0<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |     200000 | PA      | $200600.00    | 0.25%             | 2032-07-29      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                   | SK Hynix Inc                                                                     | CUSIP: 78392BAF4<br>LEI: 988400XAIK6XISWQV045 | Long             | DBT              | CORP              | KR        |     200000 | PA      | $217110.65    | 0.27%             | 2033-01-17      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SBL HOLDINGS INC                               | SBL Holdings Inc                                                                 | CUSIP: 78397DAD0<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |     300000 | PA      | $292533.04    | 0.37%             | 2034-10-30      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ONGC VIDESH VANKORNEFT                         | ONGC Videsh Vankorneft Pte Ltd                                                   | CUSIP: 000000000<br>LEI: 254900FXH0X0S4UIS503 | Long             | DBT              | CORP              | SG        |     200000 | PA      | $198074.55    | 0.25%             | 2026-07-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     320000 | PA      | $313098.50    | 0.39%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE LTD                         | C&W Senior Finance Ltd                                                           | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $206426.80    | 0.26%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                         | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX     | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |     335000 | PA      | $323453.02    | 0.40%             | 2033-01-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| BOOTS GROUP FINCO LP                           | Boots Group Finco LP                                                             | CUSIP: 000000000<br>LEI: 254900YVLYOVF1PF1N93 | Long             | DBT              | CORP              | US        |     225000 | PA      | $263163.57    | 0.33%             | 2032-08-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                           | Indonesia Treasury Bond                                                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 6100000000 | PA      | $381384.38    | 0.48%             | 2033-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                         | Sable International Finance Ltd                                                  | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |     240000 | PA      | $240280.32    | 0.30%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSPORT DE GAS PERU                          | Transportadora de Gas del Peru SA                                                | CUSIP: 89388AAA0<br>LEI: 529900SKHHNI5HVI0Y66 | Long             | DBT              | CORP              | PE        |     198000 | PA      | $196134.86    | 0.25%             | 2028-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MDGH GMTN RSC LTD                              | MDGH GMTN RSC Ltd                                                                | CUSIP: 55285GAC8<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $183441.75    | 0.23%             | 2053-05-22      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     230000 | PA      | $227634.32    | 0.28%             | 2028-08-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BRF SA                                         | BRF SA                                                                           | CUSIP: 10552TAH0<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |     365000 | PA      | $300504.90    | 0.38%             | 2050-09-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GREENKO POWER II LTD                           | Greenko Power II Ltd                                                             | CUSIP: 39530MAA6<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |     159500 | PA      | $151359.51    | 0.19%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| INFRAESTRUCTURA ENERGETI                       | Infraestructura Energetica Nova SAPI de CV                                       | CUSIP: 456829AC4<br>LEI: 715K4H1JYF3O6JOK1411 | Long             | DBT              | CORP              | MX        |     280000 | PA      | $205545.20    | 0.26%             | 2051-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AXIAN TELE HOLD PLC                            | Axian Telecom Holding & Management PLC                                           | CUSIP: 05465QAA7<br>LEI: 984500B7DCD97EB04857 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $200818.54    | 0.25%             | 2030-07-11      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AZUL SECURED FINANCE LLP                       | Azul Secured Finance LLP                                                         | CUSIP: 05501WAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     230000 | PA      | $49896.20     | 0.06%             | 2028-08-28      | Fixed         | 11.93%                | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                           | Unigel Luxembourg SA                                                             | CUSIP: 904752AD4<br>LEI: 213800Y16R77O7LH7X62 | Long             | DBT              | CORP              | LU        |     107889 | PA      | $24275.12     | 0.03%             | 2028-12-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| AFRICELL HOLDING LTD                           | Africell Holding Ltd                                                             | CUSIP: 00833NAA0<br>LEI: 984500JFB7AFK4B6C829 | Long             | DBT              | CORP              | JE        |     200000 | PA      | $195900.00    | 0.25%             | 2029-10-23      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| UNIGEL NETHERLANDS HOLD                        | Unigel Netherlands Holding Corp BV                                               | CUSIP: 90475UAA8<br>LEI: 213800UOXJTQ82DWTJ78 | Long             | DBT              | CORP              | NL        |     131402 | PA      | $4270.57      | 0.01%             | 2044-12-31      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| TRANSMANTARO                                   | Consorcio Transmantaro SA                                                        | CUSIP: 210314AB6<br>LEI: 549300NL65DC6HVEJX96 | Long             | DBT              | CORP              | PE        |     200000 | PA      | $194908.76    | 0.24%             | 2034-04-16      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                       | Brazil Notas do Tesouro Nacional Serie F                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2500000 | PA      | $386000.53    | 0.48%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FERMACA ENTERPRISES S RL                       | Fermaca Enterprises S de RL de CV                                                | CUSIP: 31503AAA2<br>LEI: 549300HYMZDEHWD3X752 | Long             | DBT              | CORP              | MX        |     536957 | PA      | $526457.25    | 0.66%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     295000 | PA      | $305139.45    | 0.38%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI                       | Viking Baked Goods Acquisition Corp                                              | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |     625000 | PA      | $614386.43    | 0.77%             | 2031-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-S2 | SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-S2                                   | CUSIP: 80287MAD9<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         16 | NS      | $286081.98    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING                          | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAT9<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $195992.62    | 0.25%             | 2027-12-06      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ACWA POWER MGMT INVST                          | Acwa Power Management And Investments One Ltd                                    | CUSIP: 005117AA4<br>LEI: 635400M3OWQGQBZOYO38 | Long             | DBT              | CORP              | AE        |     812240 | PA      | $807923.76    | 1.01%             | 2039-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BRF GMBH                                       | BRF GmbH                                                                         | CUSIP: 05583BAA7<br>LEI: 5299002S6DY5RA2IOQ11 | Long             | DBT              | CORP              | AT        |     220000 | PA      | $218495.99    | 0.27%             | 2026-09-29      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| GRUPO NUTRESA SA                               | Grupo Nutresa SA                                                                 | CUSIP: 40055CAA1<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |     200000 | PA      | $211300.00    | 0.26%             | 2030-05-12      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                         | Mexico City Airport Trust                                                        | CUSIP: 59284MAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     200000 | PA      | $169924.82    | 0.21%             | 2046-10-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                | CDS PETROLEOS MEXICANOS                                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |          1 | NC      | $-48038.48    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| VALE OVERSEAS LIMITED                          | Vale Overseas Ltd                                                                | CUSIP: 91911TAS2<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |     270000 | PA      | $265419.72    | 0.33%             | 2054-06-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONA                       | LD Celulose International GmbH                                                   | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |     455000 | PA      | $475986.88    | 0.60%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| LIMAK YENILENEBILIR                            | Limak Yenilenebilir Enerji AS                                                    | CUSIP: 53263MAA0<br>LEI: 789000WFO2FHRONHFN18 | Long             | DBT              | CORP              | TR        |     200000 | PA      | $199741.91    | 0.25%             | 2030-08-12      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ALFA DESARROLLO SPA                            | Alfa Desarrollo SpA                                                              | CUSIP: 01538TAA3<br>LEI: 2549006BJAN34R520038 | Long             | DBT              | CORP              | CL        |     622469 | PA      | $469159.94    | 0.59%             | 2051-09-27      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |     600000 | PA      | $54000.00     | 0.07%             | 2031-01-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 5YR NOTE (CBT)                                                                | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         15 | NC      | $7801.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DP WORLD LTD UAE                               | DP World Ltd/United Arab Emirates                                                | CUSIP: 23330JAB7<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |     200000 | PA      | $189046.39    | 0.24%             | 2048-09-25      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WINDFALL MINING GROUP                          | Windfall Mining Group Inc / Groupe Minier Windfall Inc                           | CUSIP: 973244AA4<br>LEI: 984500E4L49391BFF948 | Long             | DBT              | CORP              | CA        |     400000 | PA      | $409591.67    | 0.51%             | 2032-05-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA                           | Telecom Argentina SA                                                             | CUSIP: 879273AU4<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     270000 | PA      | $287037.00    | 0.36%             | 2031-07-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DP WORLD CRESCENT LTD                          | DP World Crescent Ltd                                                            | CUSIP: 26139PAB9<br>LEI: 21380096JRTWB8TL9236 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $200918.50    | 0.25%             | 2028-09-26      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                 | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |     200000 | PA      | $204626.10    | 0.26%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 903724CB6<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      36175 | PA      | $18545.85     | 0.02%             | 2035-02-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER                       | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     195000 | PA      | $200780.78    | 0.25%             | 2035-07-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| NCB FINANCIAL GROUP                            | NCB FINANCIAL GROUP LTD                                                          | CUSIP: 639935AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |     200000 | PA      | $198820.00    | 0.25%             | 2030-07-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-23

**Name of Applicant:** PAYDEN & RYGEL INVESTMENT GROUP

**Signature:** Sandi Brents

**Name of Signer:** Sandi Brents

**Title:** Compliance Officer