# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-25-005946
**Filing Date:** 2025-12
**Character Count:** 215633
**Document Hash:** 9a92ad24cf8c8a78db0bc6afdfd73b57
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005946.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-005946

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dunham Funds
- **CENTRAL INDEX KEY:** 0001420040

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22153
- **FILM NUMBER:** 251603390

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858-964-0500

**MAIL ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

## Series and Classes Contracts Data

### Dunham International Opportunity Bond Fund (Series ID: S000042247)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000131120 | Dunham International Opportunity Bond Fund Class A | DAIOX           |
| C000131121 | Dunham International Opportunity Bond Fund Class C | DCIOX           |
| C000131122 | Dunham International Opportunity Bond Fund Class N | DNIOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dunham Funds

- **b. Investment Company Act file number:** 811-22153

- **c. CIK number of Registrant:** 0001420040

- **d. LEI of Registrant:** 549300FI2C3SP4YCHL80

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

  - **Street Address 1:** 6256 Greenwich Dr

  - **City:** SAN DIEGO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92122

  - **Telephone number:** 858-964-0500

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

- **a. Name of Series:** Dunham International Opportunity Bond Fund

- **b. EDGAR series identifier (if any):** S000042247

- **c. LEI of Series:** 549300CZHQ4VN7TRVE44

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $153720296.17

**Total Liabilities:** $49625478.22

**Net Assets:** $104094817.95

**Cash Not Reported:** $2993165.89

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 11.24631400 | **1-Year:** 1528.86672300 | **5-Year:** 7641.80628100 | **10-Year:** 10014.61332800 | **30-Year:** 3030.10989200

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

- **3-Month:** 31.84235800 | **1-Year:** 2744.91941700 | **5-Year:** 5845.28472200 | **10-Year:** 6753.36922400 | **30-Year:** 3428.99472100

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131120 | 0.32%                | 0.57%                | 0.95%                |
| Class ID C000131122 | 0.34%                | 0.45%                | 1.09%                |
| Class ID C000131121 | 0.29%                | 0.41%                | 0.94%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6185.45                 | $1174598.43                                |
| Month 2  | $-161515.46              | $457329.43                                 |
| Month 3  | $155541.34               | $-348369.09                                |

**Designated Index Information**

- **Index Name:** Dunham International Opportunity Bond Fund DRP

- **Index Identifier:** DUNHAM INTERNATIONAL OPPORTUNITY BOND FUND DRP

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Volcan Compania Minera S.A.A.                                                       | VOLCAN 8 1/2 10/28/32     | CUSIP: 92863UAD8<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |    232000 | PA      | $235665.60    | 0.23%             | 2032-10-28      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Caixabank S.A.                                                                      | CABKSM 4 1/4 09/06/30     | CUSIP: E2R193R97<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $245277.44    | 0.24%             | 2030-09-06      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Benin (The Republic of)                                                             | BENIN 8 3/8 01/23/41      | CUSIP: 08205QAC2<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |    103000 | PA      | $109790.11    | 0.11%             | 2041-01-23      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Carrefour S.A.                                                                      | CAFP 4 3/8 11/14/31       | CUSIP: F13913S86<br>LEI: 549300B8P6MUJ1YWTS08 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $243827.22    | 0.23%             | 2031-11-14      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Grifols S.A.                                                                        | GRFSM 3 7/8 10/15/28      | CUSIP: E57009AB3<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    370000 | PA      | $417041.03    | 0.40%             | 2028-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Ontario (Province Of)                                                               | ONT 2.8 06/02/48          | CUSIP: 68323ADZ4<br>LEI: C7PVKCRGLG18EBQGZV36 | Long             | DBT              | MUN               | CA        |    250000 | PA      | $138446.58    | 0.13%             | 2048-06-02      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                              | COLOM 8 11/14/35          | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    104000 | PA      | $113620.00    | 0.11%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Spain (Kingdom of)                                                                  | SPGB 2 1/2 05/31/27       | CUSIP: E8922APD6<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    860000 | PA      | $998278.76    | 0.96%             | 2027-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Amazon Conservation DAC                                                             | AMCSRV 6.034 01/16/42     | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |     32000 | PA      | $33041.60     | 0.03%             | 2042-01-16      | Fixed         | 6.03%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - COP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     26329 | NC      | $2179.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                                                             | ENIIM 2 05/18/31          | CUSIP: T3666JJW7<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    250000 | PA      | $275796.10    | 0.26%             | 2031-05-18      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Mong Duong Finance Holdings B V                                                     | MONDFI 5 1/8 05/07/29     | CUSIP: 60935DAA3<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |    169400 | PA      | $167917.89    | 0.16%             | 2029-05-07      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 0 07/03/26          | CUSIP: V3R60FEK6<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      8624 | PA      | $8386.81      | 0.01%             | 2026-07-03      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Altice France SAS                                                                   | SFRFP 7 1/4 11/01/29      | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | DBT              | CORP              | FR        |    150000 | PA      | $173316.13    | 0.17%             | 2029-11-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Froneri Lux Finco S.a r.l.                                                          | ICECR 4 3/4 08/01/32      | CUSIP: N/A<br>LEI: 9845005YBZ75E5AA3B94       | Long             | DBT              | CORP              | LU        |    400000 | PA      | $471069.21    | 0.45%             | 2032-08-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Autostrade per l'Italia S.p.A.                                                      | ATOSTR 5 1/8 06/14/33     | CUSIP: T0R553AN7<br>LEI: 815600149448CEB9B230 | Long             | DBT              | CORP              | IT        |    150000 | PA      | $190133.34    | 0.18%             | 2033-06-14      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Guatemala (Republic of)                                                             | GUATEM 5 1/4 08/10/29     | CUSIP: 401494AV1<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    100000 | PA      | $101200.00    | 0.10%             | 2029-08-10      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GeoPark Ltd.                                                                        | GEOPAR 8 3/4 01/31/30     | CUSIP: 37255BAC3<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    390000 | PA      | $368635.80    | 0.35%             | 2030-01-31      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Mizuho Financial Group Inc.                                                         | MIZUHO 2.564 09/13/31     | CUSIP: 60687YBU2<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    440000 | PA      | $392117.24    | 0.38%             | 2031-09-13      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| Adecoagro SA                                                                        | AGRO 7 1/2 07/29/32       | CUSIP: 00676LAC0<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |    119000 | PA      | $112579.95    | 0.11%             | 2032-07-29      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 0 01/03/30          | CUSIP: 374422AN3<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     11170 | PA      | $9698.11      | 0.01%             | 2030-01-03      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Kosmos Energy Ltd                                                                   | KOS 8 3/4 10/01/31        | CUSIP: 500688AJ5<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     56000 | PA      | $37679.04     | 0.04%             | 2031-10-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd                                                     | BAMCN 5.795 04/24/35      | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    335000 | PA      | $350485.55    | 0.34%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Canada (Government of)                                                              | CAN 2 1/4 06/01/29        | CUSIP: 135087J39<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    550000 | PA      | $388141.06    | 0.37%             | 2029-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                           | IVYCST 6 1/8 06/15/33     | CUSIP: 221625AN6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |         0 | PA      | $0.00         | 0.00%             | 2033-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                            | EGYPT 7.903 02/21/48      | CUSIP: 03846JW55<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    179000 | PA      | $155878.61    | 0.15%             | 2048-02-21      | Fixed         | 7.90%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     25000 | NC      | $422.21       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobico Group PLC                                                                    | MCGLN 4 7/8 09/26/31      | CUSIP: G6374MAH2<br>LEI: 213800A8IQEMY8PA5X34 | Long             | DBT              | CORP              | GB        |    480000 | PA      | $425986.07    | 0.41%             | 2031-09-26      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Motability Operations Group PLC                                                     | MOTOPG 5 5/8 01/24/54     | CUSIP: G62893AX3<br>LEI: AZ3NL8JCZDCNUXFWI720 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $243547.67    | 0.23%             | 2054-01-24      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                           | KSA 5 3/4 01/16/54        | CUSIP: 80413TBH1<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |      5000 | PA      | $5116.74      | 0.00%             | 2054-01-16      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MV24 Capital B V                                                                    | MVFPSO 6.748 06/01/34     | CUSIP: 55388RAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    393256 | PA      | $391449.85    | 0.38%             | 2034-06-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - THB   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     86085 | NC      | $431.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 5 07/03/29          | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     38000 | PA      | $37092.60     | 0.04%             | 2029-07-03      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    270000 | NC      | $-29.15       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 6 5/8 02/17/28     | CUSIP: 77586RAQ3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      1000 | PA      | $1042.71      | 0.00%             | 2028-02-17      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Volkswagen International Finance N.V.                                               | VW 1 7/8 03/30/27         | CUSIP: N93695MD8<br>LEI: 5299004PWNHKYTR23649 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $342633.91    | 0.33%             | 2027-03-30      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| Barclays PLC                                                                        | BACR 5.335 09/10/35       | CUSIP: 06738ECV5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    350000 | PA      | $354895.82    | 0.34%             | 2035-09-10      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - JPY   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    740000 | NC      | $360.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  59843900 | NC      | $8106.35      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                               | ECUA 6 07/31/30           | CUSIP: P8054QBA0<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    795168 | PA      | $727379.93    | 0.70%             | 2030-07-31      | Floating      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                            | EGYPT 7.6003 03/01/29     | CUSIP: 03846JW71<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     52000 | PA      | $54635.44     | 0.05%             | 2029-03-01      | Fixed         | 7.60%                 | Yes           |                  2 | On Loan: No      |
| Fs Luxembourg SARL                                                                  | FSBIOE 8 7/8 02/12/31     | CUSIP: 30315XAC8<br>LEI: 222100EKR3JUJPGGOY81 | Long             | DBT              | CORP              | LU        |    190000 | PA      | $198455.00    | 0.19%             | 2031-02-12      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 6.35 02/09/35         | CUSIP: 91087BAV2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     44000 | PA      | $46622.40     | 0.04%             | 2035-02-09      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 7 7/8 02/16/32     | CUSIP: 65412JAA1<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    101000 | PA      | $101367.42    | 0.10%             | 2032-02-16      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Maxam Prill S.a r.l.                                                                | MXPRLL 6 07/15/30         | CUSIP: YN6465143<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $586836.18    | 0.56%             | 2030-07-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Cellnex Finance Company S.A.U.                                                      | CLNXSM 2 02/15/33         | CUSIP: E2R41NAB8<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $208977.76    | 0.20%             | 2033-02-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                        | BRAZIL 7 1/4 01/12/56     | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    223000 | PA      | $225854.40    | 0.22%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 2.45 01/31/31       | CUSIP: 168863DP0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     14000 | PA      | $12804.61     | 0.01%             | 2031-01-31      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Metinvest B.V.                                                                      | METINV 7 3/4 10/17/29     | CUSIP: 591555AF4<br>LEI: 635400TMCKVEU87EJ582 | Long             | DBT              | CORP              | NL        |    490000 | PA      | $370212.83    | 0.36%             | 2029-10-17      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Blackrock Inc.                                                                      | BLK 3 3/4 07/18/35        | CUSIP: 09290DAL5<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    250000 | PA      | $298408.02    | 0.29%             | 2035-07-18      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Pakistan (Islamic Republic of)                                                      | PKSTAN 7 3/8 04/08/31     | CUSIP: 695847AT0<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    239000 | PA      | $236412.36    | 0.23%             | 2031-04-08      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - CNH   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    106522 | NC      | $287.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Molson Coors Beverage Company                                                       | TAP 3.8 06/15/32          | CUSIP: 60871RAR1<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |    245000 | PA      | $289418.22    | 0.28%             | 2032-06-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Nomura Holdings Inc.                                                                | NOMURA 2.172 07/14/28     | CUSIP: 65535HAY5<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    175000 | PA      | $165706.54    | 0.16%             | 2028-07-14      | Fixed         | 2.17%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 9 3/8 03/14/29     | CUSIP: 900123DH0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     38000 | PA      | $42620.59     | 0.04%             | 2029-03-14      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                                 | MINCAP 4 5/8 08/10/30     | CUSIP: 602736AA8<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    226548 | PA      | $226434.68    | 0.22%             | 2030-08-10      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                        | SRILAN 3.6 02/15/38       | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    131305 | PA      | $121620.66    | 0.12%             | 2038-02-15      | Floating      | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Mc Brazil Downstream Trading Sarl                                                   | MCBRAC 7 1/4 06/30/31     | CUSIP: L626A6AA2<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    461578 | PA      | $379556.57    | 0.36%             | 2031-06-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                             | CDEL 6.33 01/13/35        | CUSIP: 21987BBL1<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |     14000 | PA      | $14992.60     | 0.01%             | 2035-01-13      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Cheplapharm Arzneimittel GmbH                                                       | CHEPDE 7 1/2 05/15/30     | CUSIP: D1T29ZAD4<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    490000 | PA      | $582565.24    | 0.56%             | 2030-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    756261 | NC      | $-6719.33     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Medco Bell Pte Ltd                                                                  | MEDCIJ 6 3/8 01/30/27     | CUSIP: Y56607AA5<br>LEI: 2549003PNDCWIWGKC768 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $100327.23    | 0.10%             | 2027-01-30      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AI Candelaria Spain S.A.                                                            | AICNRA 5 3/4 06/15/33     | CUSIP: E0R75RAB2<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |    687000 | PA      | $623981.49    | 0.60%             | 2033-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ITRAXX EUROPE CROSSOVER SERIES 43                                                   | MARKIT ITRX XOVER 12/30   | CUSIP: N/A<br>LEI: N/A                        | Long             | DCR              | CORP              | N/A       |   1595000 | PA      | $-191157.69   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| Zorlu Enerji Elektrik Ueretim AS                                                    | ZOREN 11 04/23/30         | CUSIP: 98977LAA4<br>LEI: 7890005B5CSNL39OYO75 | Long             | DBT              | CORP              | TR        |    148000 | PA      | $133050.04    | 0.13%             | 2030-04-23      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Motion Bondco Designated Activity Company                                           | MERLLN 4 1/2 11/15/27     | CUSIP: G6329EAA1<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |    400000 | PA      | $438833.84    | 0.42%             | 2027-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - TRY   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     14017 | NC      | $25.76        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | BAC 5.518 10/25/35        | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    340000 | PA      | $348722.17    | 0.34%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| HTA Group Limited (Mauritius)                                                       | HLSTWR 7 1/2 06/04/29     | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |    315000 | PA      | $327417.25    | 0.31%             | 2029-06-04      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                                           | NIPLIF 6 1/4 09/13/53     | CUSIP: 654579AM3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    280000 | PA      | $298428.89    | 0.29%             | 2053-09-13      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                   | Euro-OAT Future   Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |        21 | NC      | $41225.87     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ASB Bank Ltd.                                                                       | ASBBNK 5.284 06/17/32     | CUSIP: 04342JAA5<br>LEI: 549300IBZWZL1KTPF918 | Long             | DBT              | CORP              | NZ        |    330000 | PA      | $334003.90    | 0.32%             | 2032-06-17      | Fixed         | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                                               | URUGUA 4 3/8 01/23/31     | CUSIP: 917288BK7<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     71000 | PA      | $71894.60     | 0.07%             | 2031-01-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Kosmos Energy Ltd                                                                   | KOS 7 1/2 03/01/28        | CUSIP: U5007TAB1<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     48000 | PA      | $38452.12     | 0.04%             | 2028-03-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 0 02/01/30         | CUSIP: X5S0055Z0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      3571 | PA      | $1901.56      | 0.00%             | 2030-02-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Mozambique (Republic of)                                                            | MOZAM 5 09/15/31          | CUSIP: N/A<br>LEI: 213800759WLKYIKPER73       | Long             | DBT              | NUSS              | MZ        |    200000 | PA      | $173719.68    | 0.17%             | 2031-09-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                   | EURO-BUXL 30Y BND Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |        31 | NC      | $5823.56      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Australia (Commonwealth of)                                                         | ACGB 1 1/4 05/21/32       | CUSIP: Q2R04NBY9<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |   1800000 | PA      | $995842.17    | 0.96%             | 2032-05-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 2.45 09/01/33        | CUSIP: T6247A8F6<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    640000 | PA      | $707395.50    | 0.68%             | 2033-09-01      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| Fidelity Colchester Street Trust                                                    | FID-MM GOVT-I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   4733417 | PA      | $4733417.43   | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Argentina (Republic Of)                                                             | ARGENT 0 3/4 07/09/30     | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   1149600 | PA      | $942672.00    | 0.91%             | 2030-07-09      | Floating      | 0.75%                 | No            |                  2 | On Loan: No      |
| CSN Resources S.A.                                                                  | CSNABZ 4 5/8 06/10/31     | CUSIP: 12644VAD0<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    477000 | PA      | $373285.97    | 0.36%             | 2031-06-10      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     34300 | NC      | $554.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDON 4.55 01/11/28       | CUSIP: 455780DQ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     16000 | PA      | $16158.88     | 0.02%             | 2028-01-11      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| 180 Medical Inc.                                                                    | CTECLN 5.3 10/08/35       | CUSIP: 682357AB4<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297474.09    | 0.29%             | 2035-10-08      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Gabonese (Republic of)                                                              | GABON 9 1/2 02/18/29      | CUSIP: V36284AA1<br>LEI: 213800XA7X746GRPXA35 | Long             | DBT              | NUSS              | GA        |    200000 | PA      | $180738.00    | 0.17%             | 2029-02-18      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| United Kingdom of Great Britain and Northern Ireland                                | UKT 4 1/4 12/07/40        | CUSIP: G4527HQP9<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |    820000 | PA      | $1007724.34   | 0.97%             | 2040-12-07      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Adani Ports And Special Economic Zone Ltd.                                          | ADSEZ 3.1 02/02/31        | CUSIP: 00652MAH5<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    241000 | PA      | $216362.52    | 0.21%             | 2031-02-02      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 7 5/8 05/15/34     | CUSIP: 900123DK3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    279000 | PA      | $298587.45    | 0.29%             | 2034-05-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Fondo de Titulizacion de Activos Santander Hipotecario 2                            | SHIPO 2 A                 | CUSIP: E87167AA5<br>LEI: 549300ISKPV6TXQWCV66 | Long             | ABS-O            | CORP              | ES        |      4466 | PA      | $5116.36      | 0.00%             | 2049-01-18      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| Altice France Lux 3                                                                 | SFRFP 10 01/15/33         | CUSIP: L0183LAA7<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |     23344 | PA      | $22014.85     | 0.02%             | 2033-01-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                                        | MEX 5 1/2 08/17/30        | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |      8000 | PA      | $8137.20      | 0.01%             | 2030-08-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Uzbekneftegaz JSC                                                                   | UNGUZB 8 3/4 05/07/30     | CUSIP: 91825MAC7<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | CORP              | UZ        |    191000 | PA      | $203897.68    | 0.20%             | 2030-05-07      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Pinewood Finco PLC                                                                  | PINEFI 6 03/27/30         | CUSIP: G71132AE7<br>LEI: 984500EF3F7CA63ND769 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $132819.41    | 0.13%             | 2030-03-27      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Angola (Republic of)                                                                | ANGOL 8 11/26/29          | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    130000 | PA      | $124572.33    | 0.12%             | 2029-11-26      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |      4642 | NC      | $-13.54       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                                        | PLNIJ 4 06/30/50          | CUSIP: 71568QAP2<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     31000 | PA      | $23539.82     | 0.02%             | 2050-06-30      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Trade                                                              | US 5YR NOTE (CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |       -92 | NC      | $-13656.30    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 6 3/8 01/15/32     | CUSIP: 718286BD8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      2000 | PA      | $2223.89      | 0.00%             | 2032-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Malaysia (Government Of)                                                            | MGS 2.632 04/15/31        | CUSIP: Y2R35QHH7<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    510000 | PA      | $117290.33    | 0.11%             | 2031-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Vedanta Resources Finance II PLC                                                    | VEDLN 10 7/8 09/17/29     | CUSIP: 92243XAH4<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    109000 | PA      | $114360.29    | 0.11%             | 2029-09-17      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| Tesco Corporate Treasury Services PLC                                               | TSCOLN 3 3/8 05/06/32     | CUSIP: G8762ZAQ9<br>LEI: 21380018AJDKNF3A6712 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $348418.42    | 0.33%             | 2032-05-06      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 1 3/4 02/01/29     | CUSIP: X5S0055V9<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     13076 | PA      | $9006.10      | 0.01%             | 2029-02-01      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| AI Candelaria Spain S.A.                                                            | AICNRA 5 3/4 06/15/33     | CUSIP: 00870WAA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     78000 | PA      | $70845.06     | 0.07%             | 2033-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     79462 | NC      | $-774.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ypf Energia Electrica S.A.                                                          | YPFLUZ 7 7/8 10/16/32     | CUSIP: 98424MAB9<br>LEI: 5493002XN8FRTYQLR778 | Long             | DBT              | CORP              | AR        |    270000 | PA      | $269129.79    | 0.26%             | 2032-10-16      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                        | BRAZIL 7 1/8 05/13/54     | CUSIP: 105756CJ7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     41000 | PA      | $41686.75     | 0.04%             | 2054-05-13      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Belgium (Kingdom Of)                                                                | BELGIAN 0304              | CUSIP: B5338KB46<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |    700000 | PA      | $930262.07    | 0.89%             | 2035-03-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Corporacion Nacional del Cobre de Chile                                             | CDEL 3.7 01/30/50         | CUSIP: 21987BBA5<br>LEI: 549300UVMBCBCIPSUI70 | Long             | DBT              | CORP              | CL        |      6000 | PA      | $4366.89      | 0.00%             | 2050-01-30      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Kyrgyzstan (Republic of)                                                            | KYRGYZ 7 3/4 06/03/30     | CUSIP: 50158LAA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | KG        |    206000 | PA      | $208141.35    | 0.20%             | 2030-06-03      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDON 5.6 01/15/35        | CUSIP: 455780EA0<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     16000 | PA      | $17061.64     | 0.02%             | 2035-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Prologis Euro Finance LLC                                                           | PLD 4 5/8 05/23/33        | CUSIP: 74341EAR3<br>LEI: 549300MI5D1784PRQH06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $312403.09    | 0.30%             | 2033-05-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Adani Energy Solutions Ltd.                                                         | ADTIN 4 08/03/26          | CUSIP: 00652XAA6<br>LEI: 549300PLH866JQ6LXE52 | Long             | DBT              | CORP              | IN        |    208000 | PA      | $206292.11    | 0.20%             | 2026-08-03      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Holcim Finance (Luxembourg) S.A.                                                    | HOLNSW 0 1/2 09/03/30     | CUSIP: L4806HAQ0<br>LEI: 529900XU3Z9D2HLBR716 | Long             | DBT              | CORP              | LU        |    325000 | PA      | $336366.50    | 0.32%             | 2030-09-03      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDON 4.2 10/15/50        | CUSIP: 455780CT1<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     19000 | PA      | $15989.57     | 0.02%             | 2050-10-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Ihs Holding Limited                                                                 | IHSHLD 6 1/4 11/29/28     | CUSIP: 44963HAB1<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    233000 | PA      | $233037.64    | 0.22%             | 2028-11-29      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MSU Energy S.A.                                                                     | MSUNRG 9 3/4 12/05/30     | CUSIP: 55377JAC1<br>LEI: 529900D1ZX75KRP2HC66 | Long             | DBT              | CORP              | AR        |    490800 | PA      | $458898.00    | 0.44%             | 2030-12-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                            | EGYPT 8 7/8 05/29/50      | CUSIP: 03846JX62<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     59000 | PA      | $55810.56     | 0.05%             | 2050-05-29      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Millicom International Cellular SA                                                  | TIGO 4 1/2 04/27/31       | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     16000 | PA      | $14965.42     | 0.01%             | 2031-04-27      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Gran Tierra Energy Inc                                                              | GTE 9 1/2 10/15/29        | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |    273000 | PA      | $221901.01    | 0.21%             | 2029-10-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Telefonica Europe B V                                                               | TELEFO 5.7522 PERP        | CUSIP: N850235R1<br>LEI: 7245007FZS0M65WUGP67 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $492724.45    | 0.47%             | 2073-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Banco Mercantil del Norte S.A.                                                      | BANORT 6 5/8 PERP         | CUSIP: 05973KAB3<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    206000 | PA      | $202625.37    | 0.19%             | 2170-01-24      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu SA                                                   | PETRPE 4 3/4 06/19/32     | CUSIP: P7808BAA5<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    217000 | PA      | $186308.61    | 0.18%             | 2032-06-19      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     67776 | NC      | $-660.60      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                                   | NWG 6.475 06/01/34        | CUSIP: 639057AP3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    315000 | PA      | $330360.53    | 0.32%             | 2034-06-01      | Fixed         | 6.47%                 | No            |                  2 | On Loan: No      |
| JSC UzAuto Motors                                                                   | UZAMTS 4.85 05/04/26      | CUSIP: 46653NAA0<br>LEI: 25490082QA3E2MKBZI88 | Long             | DBT              | CORP              | UZ        |    123000 | PA      | $121327.42    | 0.12%             | 2026-05-04      | Fixed         | 4.85%                 | Yes           |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDOGB 6 3/4 07/15/35     | CUSIP: Y6S86ZH36<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 450000000 | PA      | $28414.97     | 0.03%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                        | PEMEX 7.69 01/23/50       | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    197000 | PA      | $178809.93    | 0.17%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 6 5/8 05/16/36     | CUSIP: 77586RAX8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     28000 | PA      | $28819.63     | 0.03%             | 2036-05-16      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Mdgh Gmtn (Rsc) Ltd                                                                 | MUBAUH 5 7/8 05/01/34     | CUSIP: 55285GAE4<br>LEI: 213800WRY6FRL9IXLT77 | Long             | DBT              | CORP              | AE        |     83000 | PA      | $91434.63     | 0.09%             | 2034-05-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Azule Energy Finance PLC                                                            | AZURGY 8 1/8 01/23/30     | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201299.06    | 0.19%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MBONO 7 1/2 05/26/33      | CUSIP: P4R07XU53<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    850000 | PA      | $43219.67     | 0.04%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ATP Tower Holdings / Andean Telecom Partners Chile SpA / Andean Tower Partners C    | ATPTOW 7 7/8 02/03/30     | CUSIP: 00193BAA0<br>LEI: 254900CIKL1FQZ45N873 | Long             | DBT              | CORP              | US        |    420000 | PA      | $432173.70    | 0.42%             | 2030-02-03      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PT Freeport Indonesia                                                               | FRIDPT 5.315 04/14/32     | CUSIP: Y7141BAB9<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |    151000 | PA      | $154342.54    | 0.15%             | 2032-04-14      | Fixed         | 5.32%                 | Yes           |                  2 | On Loan: No      |
| Poinsettia Finance Ltd.                                                             | PNSTTA 6 5/8 06/17/31     | CUSIP: G7150PAA8<br>LEI: 549300P2JTF5JKW10Z65 | Long             | DBT              | CORP              | KY        |    624454 | PA      | $621618.74    | 0.60%             | 2031-06-17      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Orsted A/S                                                                          | ORSTED 1 1/2 11/26/29     | CUSIP: K7653QAB1<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    300000 | PA      | $325070.40    | 0.31%             | 2029-11-26      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| Heathrow Funding Ltd.                                                               | HTHROW 1 7/8 07/12/32     | CUSIP: G4R1JXAV3<br>LEI: 7TI96JO3DYEIQWZ7Z726 | Long             | ABS-O            | CORP              | JE        |    360000 | PA      | $379822.81    | 0.36%             | 2032-07-12      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 0 02/01/35         | CUSIP: X5S0056B2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    100278 | PA      | $51492.75     | 0.05%             | 2035-02-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 2.55 01/27/32       | CUSIP: 168863DN5<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     39000 | PA      | $34974.03     | 0.03%             | 2032-01-27      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 5 09/01/40           | CUSIP: T6031ZGY1<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    235000 | PA      | $309816.28    | 0.30%             | 2040-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Sodexo Inc                                                                          | SWFP 5.15 08/15/30        | CUSIP: 833794AC4<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35883.82     | 0.03%             | 2030-08-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Banco de Credito e Inversiones                                                      | BCICI 7 1/2 PERP          | CUSIP: 05956NAF9<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |    276000 | PA      | $291113.76    | 0.28%             | 2173-12-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| IHS Netherlands Holdco BV                                                           | IHSHLD 8 09/18/27         | CUSIP: 44963LAC0<br>LEI: 5493006Z6YQYCCN2XI74 | Long             | DBT              | CORP              | NL        |     82497 | PA      | $82770.14     | 0.08%             | 2027-09-18      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Pinewood Finco PLC                                                                  | PINEFI 6 03/27/30         | CUSIP: N/A<br>LEI: 984500EF3F7CA63ND769       | Long             | DBT              | CORP              | GB        |    260000 | PA      | $345330.48    | 0.33%             | 2030-03-27      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Kosmos Energy Ltd                                                                   | KOS 7 3/4 05/01/27        | CUSIP: U5007TAD7<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    298000 | PA      | $280364.36    | 0.27%             | 2027-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Allianz SE                                                                          | ALVGR 3.099 07/06/47      | CUSIP: D0R6AWQA3<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $347824.73    | 0.33%             | 2047-07-06      | Fixed         | 3.10%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    127101 | NC      | $-969.83      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Finance Company Pty Ltd.                                                 | TCLAU 4.143 04/17/35      | CUSIP: Q9194UBH4<br>LEI: 54930081LPJMUMEA6E57 | Long             | DBT              | CORP              | AU        |    230000 | PA      | $275355.40    | 0.26%             | 2035-04-17      | Fixed         | 4.14%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - GBP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |      9935 | NC      | $-67.03       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gabonese (Republic of)                                                              | GABON 6 5/8 02/06/31      | CUSIP: 362420AD3<br>LEI: 213800XA7X746GRPXA35 | Long             | DBT              | NUSS              | GA        |    241000 | PA      | $189014.94    | 0.18%             | 2031-02-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Ohi Group SA                                                                        | OHIFLY 13 07/22/29        | CUSIP: 67712MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |    403750 | PA      | $417275.63    | 0.40%             | 2029-07-22      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                                             | VENZ 6 12/09/20           | CUSIP: P97475AG5<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    117000 | PA      | $26804.70     | 0.03%             | 2020-12-09      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Prosus NV                                                                           | PRXNA 3.832 02/08/51      | CUSIP: 74365PAE8<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    269000 | PA      | $184066.00    | 0.18%             | 2051-02-08      | Fixed         | 3.83%                 | Yes           |                  2 | On Loan: No      |
| Telecom Argentina SA                                                                | TECOAR 9 1/4 05/28/33     | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |    150000 | PA      | $152881.50    | 0.15%             | 2033-05-28      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS 2.746 02/11/33        | CUSIP: 902613AK4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    400000 | PA      | $358003.25    | 0.34%             | 2033-02-11      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 7.1246 01/20/50    | CUSIP: P01012CA2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    277000 | PA      | $250145.59    | 0.24%             | 2050-01-20      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 5 1/2 02/22/29     | CUSIP: 25714PEP9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    261000 | PA      | $265972.05    | 0.26%             | 2029-02-22      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                                                     | TCELLT 7.65 01/24/32      | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |    220000 | PA      | $230553.24    | 0.22%             | 2032-01-24      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Energean Israel Finance Ltd.                                                        | ENOIGA 5 3/8 03/30/28     | CUSIP: M4R2A7AC2<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     33000 | PA      | $32451.34     | 0.03%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PETRONAS Capital Ltd.                                                               | PETMK 2.48 01/28/32       | CUSIP: Y6886MAE0<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     14000 | PA      | $12594.14     | 0.01%             | 2032-01-28      | Fixed         | 2.48%                 | Yes           |                  2 | On Loan: No      |
| Harbour Energy PLC                                                                  | HBRLN 6.327 04/01/35      | CUSIP: 411618AD3<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $256051.59    | 0.25%             | 2035-04-01      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Smiths Group PLC                                                                    | SMINLN 2 02/23/27         | CUSIP: G82401MZ3<br>LEI: 213800MJL6IPZS3ASA11 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $286065.96    | 0.27%             | 2027-02-23      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     27000 | NC      | $245.01       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 2.457 05/05/30     | CUSIP: 718286CJ4<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     28000 | PA      | $26082.16     | 0.03%             | 2030-05-05      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 4.2 03/29/47       | CUSIP: Y6972HLP9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      8000 | PA      | $6880.57      | 0.01%             | 2047-03-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Poland (Republic of)                                                                | POLAND 5 3/8 02/12/35     | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      7000 | PA      | $7330.11      | 0.01%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Investment Energy Resources Ltd.                                                    | CMIENE 6 1/4 04/26/29     | CUSIP: 46143NAB6<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |    102000 | PA      | $101604.19    | 0.10%             | 2029-04-26      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| JAB Holdings B.V.                                                                   | JABHOL 2 1/2 06/25/29     | CUSIP: N4717KAG1<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $228000.80    | 0.22%             | 2029-06-25      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| Abu Dhabi Crude Oil Pipeline LLC                                                    | ADNOUH 3.65 11/02/29      | CUSIP: 00401MAA4<br>LEI: 549300DONDFW2383FV66 | Long             | DBT              | CORP              | AE        |     16000 | PA      | $15783.47     | 0.02%             | 2029-11-02      | Fixed         | 3.65%                 | Yes           |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                           | IVYCST 6 5/8 03/22/48     | CUSIP: V73789BD6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    219000 | PA      | $227573.28    | 0.22%             | 2048-03-22      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                              | COLOM 8 1/2 04/25/35      | CUSIP: 195325ES0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    154000 | PA      | $173935.30    | 0.17%             | 2035-04-25      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 5 3/8 06/07/33     | CUSIP: YK6552730<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     10000 | PA      | $11653.96     | 0.01%             | 2033-06-07      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| United Group B.V.                                                                   | ADRBID 4 5/8 08/15/28     | CUSIP: N4S4YGA30<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    475000 | PA      | $549010.78    | 0.53%             | 2028-08-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       | 170000000 | NC      | $-5.12        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1538800 | NC      | $6908.17      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Georgian Railway LLC                                                                | GRAIL 4 06/17/28          | CUSIP: 37363BAB4<br>LEI: 2138005UZV4ZT2B2ZO19 | Long             | DBT              | CORP              | GE        |     52000 | PA      | $48919.60     | 0.05%             | 2028-06-17      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Telefonica Emisiones S.A.U.                                                         | TELEFO 2.592 05/25/31     | CUSIP: E9067AAL7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $226271.30    | 0.22%             | 2031-05-25      | Fixed         | 2.59%                 | Yes           |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SAGB 8 3/4 02/28/48 #2048 | CUSIP: S6989ZAQ7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   1770000 | PA      | $91129.07     | 0.09%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                        | SRILAN 3.35 03/15/33      | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |     92045 | PA      | $80443.74     | 0.08%             | 2033-03-15      | Floating      | 3.35%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - JPY   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    380000 | NC      | $-16686.21    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Credito del Peru                                                           | BCP 6.45 07/30/35         | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     48000 | PA      | $49921.68     | 0.05%             | 2035-07-30      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Secretaria Do Tesouro Nacional                                                      | BNTNF 10 01/01/31         | CUSIP: P8T60NEH0<br>LEI: N/A                  | Long             | DBT              | NUSS              | BR        |    160000 | PA      | $27153.27     | 0.03%             | 2031-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     96289 | NC      | $-1401.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 0 02/01/34         | CUSIP: X5S0056A4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     13345 | PA      | $5624.92      | 0.01%             | 2034-02-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Electricite de France SA                                                            | EDF 6.9 05/23/53          | CUSIP: 28504DAD5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    310000 | PA      | $346750.12    | 0.33%             | 2053-05-23      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 5 3/4 05/11/47     | CUSIP: 900123CM0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    207000 | PA      | $168388.07    | 0.16%             | 2047-05-11      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                        | BRAZIL 6 1/4 03/18/31     | CUSIP: 105756CG3<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     49000 | PA      | $51633.75     | 0.05%             | 2031-03-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ihs Holding Limited                                                                 | IHS 8 1/4 11/29/31        | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    320000 | PA      | $334122.95    | 0.32%             | 2031-11-29      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    110000 | NC      | $1192.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Secretaria Do Tesouro Nacional                                                      | BNTNF 10 01/01/33         | CUSIP: P8T60NKJ9<br>LEI: N/A                  | Long             | DBT              | NUSS              | BR        |    800000 | PA      | $130547.50    | 0.13%             | 2033-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDOGB 8 3/4 05/15/31     | CUSIP: Y6S86ZCW7<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 890000000 | PA      | $61442.96     | 0.06%             | 2031-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Spain (Kingdom of)                                                                  | SPGB 4.2 01/31/37         | CUSIP: E89228YY5<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    170000 | PA      | $213037.93    | 0.20%             | 2037-01-31      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                                | AHTLN 5.95 10/15/33       | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    320000 | PA      | $338420.33    | 0.33%             | 2033-10-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Vedanta Resources Finance II PLC                                                    | VEDLN 9.475 07/24/30      | CUSIP: 92243XAM3<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    103000 | PA      | $104582.04    | 0.10%             | 2030-07-24      | Fixed         | 9.47%                 | Yes           |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 2.8 12/01/28         | CUSIP: T6052BQV3<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    750000 | PA      | $878773.99    | 0.84%             | 2028-12-01      | Fixed         | 2.80%                 | Yes           |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                  | PERU 2.783 01/23/31       | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     96000 | PA      | $88977.60     | 0.09%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | REPHUN 6 1/8 05/22/28     | CUSIP: 445545AR7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     44000 | PA      | $45888.30     | 0.04%             | 2028-05-22      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                       | MPEL 5 3/4 07/21/28       | CUSIP: G5975LAF3<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    388000 | PA      | $387093.59    | 0.37%             | 2028-07-21      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                        | SRILAN 3.1 01/15/30       | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      8926 | PA      | $8435.07      | 0.01%             | 2030-01-15      | Floating      | 3.10%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 6.338 05/04/53        | CUSIP: 91087BAX8<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      1000 | PA      | $995.50       | 0.00%             | 2053-05-04      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| Senegal (Republic of)                                                               | SENEGL 6 1/4 05/23/33     | CUSIP: 81720TAC9<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    120000 | PA      | $86352.26     | 0.08%             | 2033-05-23      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| E.ON SE                                                                             | EOANGR 3 1/2 03/25/32     | CUSIP: D2T8J8DK9<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | DBT              | CORP              | DE        |    285000 | PA      | $337994.59    | 0.32%             | 2032-03-25      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 6.6 06/01/36       | CUSIP: 25714PEZ7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    178000 | PA      | $188270.60    | 0.18%             | 2036-06-01      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Sodexo Inc                                                                          | SWFP 5.8 08/15/35         | CUSIP: 833794AD2<br>LEI: 549300WSZGQGJQXRFU84 | Long             | DBT              | CORP              | US        |    330000 | PA      | $345147.09    | 0.33%             | 2035-08-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 7.1 11/19/36         | CUSIP: 836205BF0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    218000 | PA      | $234528.55    | 0.23%             | 2036-11-19      | Fixed         | 7.10%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Trade                                                              | US 10YR NOTE (CBT)Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |       -94 | NC      | $-73439.85    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                   | EURO-BUND FUTURE  Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |        23 | NC      | $23398.37     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 5.95 10/13/47      | CUSIP: 718286CU9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      2000 | PA      | $2155.91      | 0.00%             | 2047-10-13      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 8 1/4 04/10/32     | CUSIP: 283875AH5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     54000 | PA      | $58133.37     | 0.06%             | 2032-04-10      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                          | VMED 4 1/2 07/15/31       | CUSIP: G9444PAF9<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    460000 | PA      | $549116.23    | 0.53%             | 2031-07-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 1.648 06/10/31     | CUSIP: 718286CK1<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      2000 | PA      | $1747.07      | 0.00%             | 2031-06-10      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Altice Luxembourg FR SA                                                             | ALTICE FRANCE HLDG CVR    | CUSIP: L01801AE6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | LU        |        97 | NS      | $1523.49      | 0.00%             | 2500-12-31      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| France (Republic Of)                                                                | FRTR 3 1/2 11/25/33       | CUSIP: F26348DB9<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |   2020000 | PA      | $2386212.47   | 2.29%             | 2033-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER) | AER 3.3 01/30/32          | CUSIP: 00774MAX3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    400000 | PA      | $369132.94    | 0.35%             | 2032-01-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Trident Energy Finance PLC                                                          | TRIEGY 12 1/2 11/30/29    | CUSIP: 89616MAB6<br>LEI: 9845004ECK3FYO64I382 | Long             | DBT              | CORP              | GB        |    277000 | PA      | $283427.28    | 0.27%             | 2029-11-30      | Fixed         | 12.50%                | Yes           |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 9 5/8 06/09/31     | CUSIP: 65412AFC1<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    119000 | PA      | $130120.47    | 0.13%             | 2031-06-09      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Bermuda (Government of)                                                             | BERMUD 4 3/4 02/15/29     | CUSIP: 085209AF1<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |     26000 | PA      | $26292.50     | 0.03%             | 2029-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| JAB Holdings B.V.                                                                   | JABHOL 1 12/20/27         | CUSIP: N4717KAR7<br>LEI: 529900RRNKUM3INJGF98 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $111659.85    | 0.11%             | 2027-12-20      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| Imperial Brands Finance Plc                                                         | IMBLN 5 1/2 02/01/30      | CUSIP: 45262BAG8<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $310964.89    | 0.30%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 3 1/4 09/21/2071    | CUSIP: 168863DU9<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     20000 | PA      | $12771.00     | 0.01%             | 2071-09-21      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                  | IRM 4 3/4 01/15/34        | CUSIP: N/A<br>LEI: SQL3F6CKNNBM3SQGHX24       | Long             | DBT              | CORP              | US        |    400000 | PA      | $463619.60    | 0.45%             | 2034-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                           | IVYCST 7 5/8 01/30/33     | CUSIP: 221625AT3<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     22000 | PA      | $23264.67     | 0.02%             | 2033-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 6.95 03/15/37      | CUSIP: P3579ECW5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     29000 | PA      | $30990.85     | 0.03%             | 2037-03-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| WE Soda Investments Holding PLC                                                     | WESODA 9 1/2 10/06/28     | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |    178000 | PA      | $178760.02    | 0.17%             | 2028-10-06      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Adani Renewable Energy Rj Ltd/Kodangal Solar PKS Private Ltd/Wardha                 | ARENRJ 4 5/8 10/15/39     | CUSIP: 00654CAA0<br>LEI: 335800DKCLYHG21PBG55 | Long             | DBT              | CORP              | IN        |    252945 | PA      | $218231.43    | 0.21%             | 2039-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                       | MPEL 5 3/8 12/04/29       | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     59000 | PA      | $58344.82     | 0.06%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 6.95 03/15/37      | CUSIP: P3579ECW5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    149000 | PA      | $159228.85    | 0.15%             | 2037-03-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 3.771 05/24/61        | CUSIP: 91087BAN0<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     34000 | PA      | $22118.94     | 0.02%             | 2061-05-24      | Fixed         | 3.77%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                   | LEBAN 8 1/4 04/12/21      | CUSIP: M87883CE8<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    240000 | PA      | $55275.00     | 0.05%             | 2023-04-12      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| African Export-Import Bank                                                          | AFREXI 2.634 05/17/26     | CUSIP: M0R08QAH4<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | N/A       |    200000 | PA      | $197285.98    | 0.19%             | 2026-05-17      | Fixed         | 2.63%                 | Yes           |                  2 | On Loan: No      |
| Medco Laurel Tree Pte Ltd.                                                          | MEDCIJ 6.95 11/12/28      | CUSIP: 58406RAA6<br>LEI: 254900SX7FFGRREZD046 | Long             | DBT              | CORP              | SG        |    216000 | PA      | $217147.28    | 0.21%             | 2028-11-12      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 7 1/8 01/17/33     | CUSIP: X7360WCQ3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     20000 | PA      | $21598.03     | 0.02%             | 2033-01-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 9 1/4 04/17/30     | CUSIP: P01012CF1<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     44000 | PA      | $48015.00     | 0.05%             | 2030-04-17      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                              | COLOM 8 3/4 11/14/53      | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    157000 | PA      | $180738.27    | 0.17%             | 2053-11-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                        | SRILAN 3.6 06/15/35       | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |    310151 | PA      | $240355.27    | 0.23%             | 2035-06-15      | Floating      | 3.60%                 | Yes           |                  2 | On Loan: No      |
| Yinson Bergenia Production BV                                                       | YPMQBR 8.498 01/31/45     | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |    233000 | PA      | $244840.97    | 0.24%             | 2045-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Jordan (Kingdom Of)                                                                 | JORDAN 5.85 07/07/30      | CUSIP: 418097AL5<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     84000 | PA      | $85063.37     | 0.08%             | 2030-07-07      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                                | SAMMIN 9 1/2 06/30/31     | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |    498005 | PA      | $498310.13    | 0.48%             | 2031-06-30      | Floating      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Poland (Republic of)                                                                | POLAND 5 1/2 04/04/53     | CUSIP: 731011AW2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     12000 | PA      | $11857.96     | 0.01%             | 2053-04-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       | 210000000 | NC      | $-149.63      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Minerva Luxembourg S.A.                                                             | BEEFBZ 4 3/8 03/18/31     | CUSIP: 603374AF6<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |     96000 | PA      | $88603.67     | 0.09%             | 2031-03-18      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Export-Import Bank of India                                                         | EXIMBK 2 1/4 01/13/31     | CUSIP: 30216KAF9<br>LEI: 335800OFZ8YEIVN1QI11 | Long             | DBT              | NUSS              | IN        |     22000 | PA      | $19741.70     | 0.02%             | 2031-01-13      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   3500000 | NC      | $-59.08       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                                     | ENELIM 6 10/07/39         | CUSIP: 29268BAF8<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    205000 | PA      | $216608.17    | 0.21%             | 2039-10-07      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Czech (Republic of)                                                                 | CZGB 1 3/4 06/23/32       | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |   1830000 | PA      | $74575.96     | 0.07%             | 2032-06-23      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                           | ORAFP 2 01/15/29          | CUSIP: F6861DKR0<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $340972.06    | 0.33%             | 2029-01-15      | Fixed         | 2.00%                 | Yes           |                  2 | On Loan: No      |
| Spain (Kingdom of)                                                                  | SPGB 3 1/4 04/30/34       | CUSIP: E8922APE4<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    380000 | PA      | $446656.16    | 0.43%             | 2034-04-30      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                        | PEMEX 5.95 01/28/31       | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    114000 | PA      | $111582.28    | 0.11%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 6 1/4 09/10/34     | CUSIP: X7360WDL3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     19000 | PA      | $23001.58     | 0.02%             | 2034-09-10      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - GBP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    200000 | NC      | $-1962.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Abertis Infraestructuras SA                                                         | ABESM 2 3/8 09/27/27      | CUSIP: E0R03EBL5<br>LEI: 549300GKFVWI02JQ5332 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $230493.01    | 0.22%             | 2027-09-27      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                                              | MBGGR 0 3/4 02/08/30      | CUSIP: D1668RYG6<br>LEI: 529900R27DL06UVNT076 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $319493.54    | 0.31%             | 2030-02-08      | Fixed         | 0.75%                 | Yes           |                  2 | On Loan: No      |
| Medtronic Global Holdings SCA                                                       | MDT 0 3/4 10/15/32        | CUSIP: 58507LAU3<br>LEI: 549300JXMTTP8GKYIX14 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $198290.96    | 0.19%             | 2032-10-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ENEL Finance International N.V.                                                     | ENELIM 5 1/2 06/15/52     | CUSIP: 29278GAY4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $119860.00    | 0.12%             | 2052-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MAF Global Securities Ltd.                                                          | MAFUAE 6 3/8 PERP         | CUSIP: G5S64MAF3<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |    330000 | PA      | $331074.39    | 0.32%             | 2170-09-20      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 1 3/4 02/01/34     | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    466088 | PA      | $263805.81    | 0.25%             | 2034-02-01      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                           | SOBOCN 5.584 10/01/34     | CUSIP: 83007CAF9<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    335000 | PA      | $336289.53    | 0.32%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    878500 | NC      | $3794.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - PLN   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     27415 | NC      | $-342.34      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 6 1/2 02/15/48     | CUSIP: P3579EBY2<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     41000 | PA      | $41494.05     | 0.04%             | 2048-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Booking Holdings Inc                                                                | BKNG 4 1/2 11/15/31       | CUSIP: 09857LAW8<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $310362.29    | 0.30%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     83000 | NC      | $55.49        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                              | COLOM 7 3/8 04/25/30      | CUSIP: 195325ER2<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    621000 | PA      | $666177.75    | 0.64%             | 2030-04-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 7 5/8 02/01/41     | CUSIP: P01012AR7<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     58000 | PA      | $57545.58     | 0.06%             | 2041-02-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                        | SRILAN 4 04/15/28         | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |     46654 | PA      | $44904.06     | 0.04%             | 2028-04-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  60000000 | NC      | $-757.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 6.4 05/07/54          | CUSIP: 91087BBA7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      6000 | PA      | $6020.61      | 0.01%             | 2054-05-07      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 5 07/03/35          | CUSIP: V3R60FEN0<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    294572 | PA      | $254494.59    | 0.24%             | 2035-07-03      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| EMD Finance LLC                                                                     | MRKGR 5 10/15/35          | CUSIP: 26867LAR1<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |    335000 | PA      | $335947.29    | 0.32%             | 2035-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     72000 | NC      | $2113.71      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ihs Holding Limited                                                                 | IHS 7 7/8 05/29/30        | CUSIP: 44963HAC9<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    260000 | PA      | $265663.89    | 0.26%             | 2030-05-29      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| HTA Group Limited (Mauritius)                                                       | HLSTWR 2 7/8 03/18/27     | CUSIP: V4256BAD6<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |    400000 | PA      | $397832.00    | 0.38%             | 2027-03-18      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Vedanta Resources Finance II PLC                                                    | VEDLN 10 1/4 06/03/28     | CUSIP: 92243XAJ0<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    217000 | PA      | $224461.94    | 0.22%             | 2028-06-03      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - INR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     26070 | NC      | $-189.99      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kleopatra Finco S.a r.l.                                                            | KPERST 4 1/4 03/01/26     | CUSIP: L5841FAA3<br>LEI: 222100M6T1N8VIC8M726 | Long             | DBT              | CORP              | LU        |    320000 | PA      | $149164.27    | 0.14%             | 2026-03-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 7.95 11/19/54        | CUSIP: 836205BG8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     63000 | PA      | $67362.02     | 0.06%             | 2054-11-19      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| International Bank for Reconstruction & Development                                 | IBRD 6.71 01/21/35        | CUSIP: U4586H2G7<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | N/A       |   2500000 | PA      | $28206.40     | 0.03%             | 2035-01-21      | Fixed         | 6.71%                 | Yes           |                  2 | On Loan: No      |
| Motability Operations Group PLC                                                     | MOTOPG 3 5/8 01/22/33     | CUSIP: G63293AA5<br>LEI: AZ3NL8JCZDCNUXFWI720 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $116313.36    | 0.11%             | 2033-01-22      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Energean PLC                                                                        | ENOGLN 6 1/2 04/30/27     | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    253000 | PA      | $252854.53    | 0.24%             | 2027-04-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                    | CFELEC 6.45 01/24/35      | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     12000 | PA      | $12290.16     | 0.01%             | 2035-01-24      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    531000 | NC      | $8583.38      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NBK Tier 1 Ltd.                                                                     | NTBKKK 6 3/8 PERP         | CUSIP: 62879NAB3<br>LEI: 5493000G4QCCEE8YHF19 | Long             | DBT              | CORP              | AE        |    236000 | PA      | $244217.99    | 0.23%             | 2173-07-10      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                  | PERUGB 7.3 08/12/33       | CUSIP: P6S32DFH1<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    176000 | PA      | $58164.53     | 0.06%             | 2033-08-12      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDON 3.2 09/23/61        | CUSIP: 455780DG8<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     21000 | PA      | $13957.95     | 0.01%             | 2061-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (Province Of)                                                          | BUENOS 6 3/8 09/01/37     | CUSIP: P1910WXV6<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |     83574 | PA      | $61531.65     | 0.06%             | 2037-09-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1060600 | NC      | $13057.01     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                             | SASOL 4 3/8 09/18/26      | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    321000 | PA      | $319620.09    | 0.31%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Aydem Yenilenebilir Enerji A S                                                      | AYDEMT 9 7/8 09/30/30     | CUSIP: 054644AB5<br>LEI: 9845009C50EDA74OA532 | Long             | DBT              | CORP              | TR        |    162000 | PA      | $159886.24    | 0.15%             | 2030-09-30      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 6 1/2 01/03/35     | CUSIP: 900123DN7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    104000 | PA      | $103012.25    | 0.10%             | 2035-01-03      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                                | PANAMA 3 7/8 03/17/28     | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     13000 | PA      | $12779.65     | 0.01%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                                  | VOD 5 7/8 06/28/64        | CUSIP: 92857WCB4<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    345000 | PA      | $341991.01    | 0.33%             | 2064-06-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |      4052 | NC      | $13.91        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 1 3/4 02/01/36     | CUSIP: X5S0056C0<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     31269 | PA      | $17307.39     | 0.02%             | 2036-02-01      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| YPF Sociedad Anonima                                                                | YPFDAR 9 1/2 01/17/31     | CUSIP: 984245AX8<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    478000 | PA      | $504660.93    | 0.48%             | 2031-01-17      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                        | BRAZIL 4 3/4 01/14/50     | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     21000 | PA      | $15865.50     | 0.02%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                             | SASOL 6 1/2 09/27/28      | CUSIP: 80386WAB1<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103583.84    | 0.10%             | 2028-09-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Danone SA                                                                           | BNFP 3.071 09/07/32       | CUSIP: F2R16UVM5<br>LEI: 969500KMUQ2B6CBAF162 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $345439.99    | 0.33%             | 2032-09-07      | Fixed         | 3.07%                 | Yes           |                  2 | On Loan: No      |
| Ireland (Republic Of)                                                               | IRISH 1.3 05/15/33        | CUSIP: G4R49GAM5<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |    130000 | PA      | $136105.13    | 0.13%             | 2033-05-15      | Fixed         | 1.30%                 | Yes           |                  2 | On Loan: No      |
| American Express Company                                                            | AXP 5 5/8 07/28/34        | CUSIP: 025816DK2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    330000 | PA      | $346397.44    | 0.33%             | 2034-07-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                                                                   | LEBAN 6.1 10/04/22        | CUSIP: M87883DE7<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    330000 | PA      | $75817.50     | 0.07%             | 2022-10-04      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Total Capital Canada Ltd.                                                           | TTEFP 2 1/8 09/18/29      | CUSIP: C89729AB0<br>LEI: 5299005IX98ZZ9LSGK46 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $339390.46    | 0.33%             | 2029-09-18      | Fixed         | 2.12%                 | Yes           |                  2 | On Loan: No      |
| Kenya (Republic of)                                                                 | KENINT 9 3/4 02/16/31     | CUSIP: 491798AM6<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     50000 | PA      | $53899.66     | 0.05%             | 2031-02-16      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Vfu Funding PLC                                                                     | VODUKR 9 5/8 02/11/27     | CUSIP: 918212AA9<br>LEI: 213800C9OW7RIPPP6Z96 | Long             | DBT              | CORP              | GB        |    261829 | PA      | $253973.67    | 0.24%             | 2027-02-11      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Turk Telekomunikasyon A.S.                                                          | TURKTI 6.95 10/07/32      | CUSIP: 90011QAE0<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |     65000 | PA      | $65763.80     | 0.06%             | 2032-10-07      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                                                 | ARDGRP 6 7/8 02/15/31     | CUSIP: G04584AB7<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    490000 | PA      | $588599.05    | 0.57%             | 2031-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Honduras (Republic of)                                                              | HONDUR 8 5/8 11/27/34     | CUSIP: 438180AK7<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    106000 | PA      | $113552.50    | 0.11%             | 2034-11-27      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     86000 | NC      | $-1215.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Banco Davivienda SA                                                                 | DAVIVI 8 1/8 07/02/35     | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |    339000 | PA      | $350763.30    | 0.34%             | 2035-07-02      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 0 02/01/36         | CUSIP: 903724CG5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     36764 | PA      | $18841.55     | 0.02%             | 2036-02-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | HGB 9 1/2 10/21/26        | CUSIP: X51627ZX2<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  14700000 | PA      | $45018.34     | 0.04%             | 2026-10-21      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Zambia (Republic Of)                                                                | ZAMBIN 5 3/4 06/30/33     | CUSIP: 988895AQ1<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     35353 | PA      | $34027.26     | 0.03%             | 2033-06-30      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Societe Generale S.A.                                                               | SOCGEN 6.691 01/10/34     | CUSIP: 83368RBS0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    310000 | PA      | $337732.01    | 0.32%             | 2034-01-10      | Fixed         | 6.69%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance B V                                                     | BRASKM 4 1/2 01/31/30     | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    205000 | PA      | $82633.45     | 0.08%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Lebanese Republic                                                                   | LEBAN 6.15 06/19/20       | CUSIP: M6S21BAZ6<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    156000 | PA      | $35821.50     | 0.03%             | 2023-06-19      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 5 7/8 06/22/30       | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     71000 | PA      | $73523.13     | 0.07%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 7 1/8 02/12/32     | CUSIP: 900123DP2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    115000 | PA      | $119839.80    | 0.12%             | 2032-02-12      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                              | OCPMR 7 1/2 05/02/54      | CUSIP: 67091TAG0<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    202000 | PA      | $226204.63    | 0.22%             | 2054-05-02      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                             | ARGENT 2 1/2 07/09/41     | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    154000 | PA      | $100408.00    | 0.10%             | 2041-07-09      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Australia & New Zealand Banking Group Ltd.                                          | ANZ 5.816 06/18/36        | CUSIP: 052528AV8<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    340000 | PA      | $354066.62    | 0.34%             | 2036-06-18      | Fixed         | 5.82%                 | Yes           |                  2 | On Loan: No      |
| Banco Mercantil Del Norte SA Cayman Islands Branch                                  | BANORT 8 3/8 PERP         | CUSIP: 05971PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    572000 | PA      | $598948.64    | 0.58%             | 2174-11-20      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 5 07/17/33         | CUSIP: 718286CW5<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |     82000 | PA      | $84485.03     | 0.08%             | 2033-07-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Grid PLC                                                                   | NGGLN 0.163 01/20/28      | CUSIP: G6S98DFK5<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $328862.04    | 0.32%             | 2028-01-20      | Fixed         | 0.16%                 | Yes           |                  2 | On Loan: No      |
| Spain (Kingdom of)                                                                  | SPGB 3.45 10/31/34        | CUSIP: E8922APQ7<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |   1000000 | PA      | $1189978.67   | 1.14%             | 2034-10-31      | Fixed         | 3.45%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - CLP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     11661 | NC      | $16.21        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| British Columbia (Province Of)                                                      | BRCOL 3.2 06/18/44        | CUSIP: 110709GC0<br>LEI: 54930058TO7MEKUHWL16 | Long             | DBT              | MUN               | CA        |    150000 | PA      | $91463.16     | 0.09%             | 2044-06-18      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                                               | URUGUA 5.442 02/14/37     | CUSIP: 760942BH4<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |      5000 | PA      | $5249.35      | 0.01%             | 2037-02-14      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    771000 | NC      | $23584.96     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDON 4.85 01/11/33       | CUSIP: 455780DR4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |    101000 | PA      | $102643.85    | 0.10%             | 2033-01-11      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DP World Ltd.                                                                       | DPWDU 4.7 09/30/49        | CUSIP: 23330JAC5<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |      6000 | PA      | $5271.42      | 0.01%             | 2049-09-30      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                       | MPEL 5 3/8 12/04/29       | CUSIP: G5975LAE6<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $197779.06    | 0.19%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Aptiv PLC / Aptiv Global Financing DAC                                              | APTV 6 7/8 12/15/54       | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    330000 | PA      | $337406.37    | 0.32%             | 2054-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Tk Elevator Midco GmbH                                                              | THYELE 4 3/8 07/15/27     | CUSIP: D8T73WAB5<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $231253.58    | 0.22%             | 2027-07-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Saavi Energia S.a.r.l.                                                              | SAAVIE 8 7/8 02/10/35     | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    105000 | PA      | $113006.25    | 0.11%             | 2035-02-10      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   9784515 | NC      | $213747.24    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | AVOL 5.15 01/15/30        | CUSIP: 05401AAX9<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    330000 | PA      | $335303.55    | 0.32%             | 2030-01-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| Cameroon (Republic of)                                                              | REPCAM 5.95 07/07/32      | CUSIP: N/A<br>LEI: 54930021BO6NHYGBBV24       | Long             | DBT              | NUSS              | CM        |    100000 | PA      | $94216.45     | 0.09%             | 2032-07-07      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Kenya (Republic of)                                                                 | KENINT 9 1/2 03/05/36     | CUSIP: 491798AN4<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    219000 | PA      | $224976.53    | 0.22%             | 2036-03-05      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                                         | SKX 5 1/4 07/15/32        | CUSIP: 07337JAE7<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    200000 | PA      | $237520.02    | 0.23%             | 2032-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Movida Europe S.A                                                                   | MOVIBZ 7.85 04/11/29      | CUSIP: 62459LAC3<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | LU        |    346000 | PA      | $316956.76    | 0.30%             | 2029-04-11      | Fixed         | 7.85%                 | Yes           |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 2 3/4 01/31/27      | CUSIP: 168863DX3<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |      5000 | PA      | $4916.45      | 0.00%             | 2027-01-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Generacion Mediterranea S A / Cent Termica Roca S A                                 | ALBAAR 11 11/01/31        | CUSIP: 36875KAJ0<br>LEI: 529900OOUXIUDG4V4468 | Long             | DBT              | CORP              | AR        |    216000 | PA      | $123298.37    | 0.12%             | 2031-11-01      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Malaysia Wakala Sukuk Berhad                                                        | MALAYS 3.075 04/28/51     | CUSIP: Y57542AB1<br>LEI: 254900MRLMI21YQTK511 | Long             | DBT              | NUSS              | MY        |     16000 | PA      | $11794.99     | 0.01%             | 2051-04-28      | Fixed         | 3.08%                 | Yes           |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | REPHUN 6 1/4 09/22/32     | CUSIP: 445545AS5<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     45000 | PA      | $48550.16     | 0.05%             | 2032-09-22      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG New York Branch                                                    | DB 7.079 02/10/34         | CUSIP: 251526CT4<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    310000 | PA      | $339785.09    | 0.33%             | 2034-02-10      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                                | ANGOL 9 1/8 11/26/49      | CUSIP: 035198AE0<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    250000 | PA      | $210091.81    | 0.20%             | 2049-11-26      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co.                                                       | PRGO 5 3/8 09/30/32       | CUSIP: G9782VAA7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    340000 | PA      | $407744.21    | 0.39%             | 2032-09-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Accor SA                                                                            | ACFP 7 1/4 PERP           | CUSIP: F0R505SM5<br>LEI: 969500QZC2Q0TK11NV07 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $510431.44    | 0.49%             | 2173-10-11      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| JSC National Company KazMunayGas                                                    | KZOKZ 5 3/4 04/19/47      | CUSIP: 48667QAP0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     54000 | PA      | $51189.38     | 0.05%             | 2047-04-19      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | REPHUN 6 09/26/35         | CUSIP: 445545AW6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     29000 | PA      | $30508.31     | 0.03%             | 2035-09-26      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| China SCE Group Holdings Ltd.                                                       | CHINSC 7 05/02/25         | CUSIP: G21190AG1<br>LEI: 549300Q8UEI2ERAP6P49 | Long             | DBT              | CORP              | KY        |    700000 | PA      | $29837.50     | 0.03%             | 2025-05-02      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    200000 | NC      | $125.80       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MBONO 7 3/4 11/13/42      | CUSIP: P4R0C9EK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1880000 | PA      | $87357.00     | 0.08%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 10 3/8 12/09/34    | CUSIP: 65412AFD9<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    173000 | PA      | $195036.57    | 0.19%             | 2034-12-09      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 4 1/2 01/30/30     | CUSIP: 25714PED6<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     39000 | PA      | $38212.20     | 0.04%             | 2030-01-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 0 07/03/26          | CUSIP: 374422AL7<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |      4800 | PA      | $4667.99      | 0.00%             | 2026-07-03      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| CPI Property Group S.A.                                                             | CPIPGR 7 1/2 PERP         | CUSIP: L36807BM3<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $109781.03    | 0.11%             | 2173-06-24      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                                               | URUGUA 5.1 06/18/50       | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |      3000 | PA      | $2906.25      | 0.00%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Energo-Pro AS                                                                       | ENGPRO 8 05/27/30         | CUSIP: N/A<br>LEI: 315700IQCL9IX158RO36       | Long             | DBT              | CORP              | CZ        |    100000 | PA      | $122504.53    | 0.12%             | 2030-05-27      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   2000000 | NC      | $30.66        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 9 7/8 01/15/28     | CUSIP: 900123DF4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     75000 | PA      | $82663.57     | 0.08%             | 2028-01-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                                             | RAIZBZ 6.45 03/05/34      | CUSIP: 75102XAB2<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    272000 | PA      | $231710.00    | 0.22%             | 2034-03-05      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Hungarian Export-Import Bank Pte Ltd.                                               | MAEXIM 6 1/8 12/04/27     | CUSIP: 55977YAA6<br>LEI: 529900O4UGETQ9Q3AA63 | Long             | DBT              | NUSS              | HU        |     11000 | PA      | $11391.27     | 0.01%             | 2027-12-04      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BPCE SA                                                                             | BPCEGP 6.508 01/18/35     | CUSIP: 05571AAU9<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    300000 | PA      | $319905.92    | 0.31%             | 2035-01-18      | Fixed         | 6.51%                 | Yes           |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd.                                                       | TACHEM 1 07/09/29         | CUSIP: 874060BB1<br>LEI: 549300ZLMVP4X0OGR454 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $324210.52    | 0.31%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Benin (The Republic of)                                                             | BENIN 7.96 02/13/38       | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     46000 | PA      | $47959.59     | 0.05%             | 2038-02-13      | Fixed         | 7.96%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Trade                                                              | US LONG BOND(CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |        -4 | NC      | $-14438.40    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Eskom Holdings SOC Limited                                                          | ESKOM 8.45 08/10/28       | CUSIP: 29646AAD8<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    223000 | PA      | $239295.46    | 0.23%             | 2028-08-10      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| Panama (Republic of)                                                                | PANAMA 3.87 07/23/60      | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     40000 | PA      | $27170.00     | 0.03%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| JSC National Company KazMunayGas                                                    | KZOKZ 6 3/8 10/24/48      | CUSIP: 48667QAS4<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     99000 | PA      | $100089.27    | 0.10%             | 2048-10-24      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | STANLN 3.265 02/18/36     | CUSIP: 853254BU3<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $336644.34    | 0.32%             | 2036-02-18      | Fixed         | 3.27%                 | Yes           |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 7 1/8 01/17/33     | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      5000 | PA      | $5399.51      | 0.01%             | 2033-01-17      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Panama (Republic of)                                                                | PANAMA 2.252 09/29/32     | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     64000 | PA      | $52697.60     | 0.05%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Naturgy Finance Iberia SA                                                           | NTGYSM 1 1/2 01/29/28     | CUSIP: E7S90TAF4<br>LEI: 2138005FTXOJUBQ5J563 | Long             | DBT              | CORP              | ES        |    300000 | PA      | $338770.20    | 0.33%             | 2028-01-29      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 5.95 01/15/31      | CUSIP: 900123DA5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     75000 | PA      | $75066.02     | 0.07%             | 2031-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 7 5/8 11/28/47     | CUSIP: V342A3BW3<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    200000 | PA      | $178237.55    | 0.17%             | 2047-11-28      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 6.95 09/16/35      | CUSIP: 900123DR8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     95000 | PA      | $96305.46     | 0.09%             | 2035-09-16      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Glencore Capital Finance Designated Activity Company                                | GLENLN 1 1/8 03/10/28     | CUSIP: G39146AA6<br>LEI: 213800HCUCI1HC7X6Q34 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $335928.66    | 0.32%             | 2028-03-10      | Fixed         | 1.12%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                                           | PDVSA 9 11/17/21          | CUSIP: P7807HAP0<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |   1625000 | PA      | $368875.00    | 0.35%             | 2021-11-17      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| INEOS Finance PLC                                                                   | INEGRP 7 1/4 03/31/31     | CUSIP: G47718AN4<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    330000 | PA      | $351002.46    | 0.34%             | 2031-03-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    520000 | NC      | $15906.85     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | HGB 4 3/4 11/24/32        | CUSIP: X51627SP7<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |  11900000 | PA      | $31838.94     | 0.03%             | 2032-11-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bermuda (Government of)                                                             | BERMUD 3 3/8 08/20/50     | CUSIP: G10367AG8<br>LEI: 549300FP5PUZXX9FVJ40 | Long             | DBT              | NUSS              | BM        |     23000 | PA      | $16443.16     | 0.02%             | 2050-08-20      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Inter-American Development Bank                                                     | IADB 7.35 10/06/30        | CUSIP: U4582NMK7<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | N/A       |   9000000 | PA      | $104304.68    | 0.10%             | 2030-10-06      | Fixed         | 7.35%                 | Yes           |                  2 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION                                    | LONG GILT FUTURE  Dec25   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DIR              | CORP              | GB        |        26 | NC      | $112829.41    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Poland (Republic of)                                                                | POLAND 5 3/4 11/16/32     | CUSIP: 857524AE2<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      2000 | PA      | $2157.09      | 0.00%             | 2032-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 6 1/8 09/28/28     | CUSIP: 65412JAR4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    106000 | PA      | $104440.21    | 0.10%             | 2028-09-28      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - CLP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     11405 | NC      | $269.92       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                                             | GUATEM 6 7/8 08/15/55     | CUSIP: 401494BB4<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     75000 | PA      | $81030.75     | 0.08%             | 2055-08-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    170000 | NC      | $-1283.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                        | PEMEX 6.7 02/16/32        | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     99000 | PA      | $98972.27     | 0.10%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Finance 2 PLC                                                         | STYRO 8 1/2 03/15/29      | CUSIP: G4772GAD7<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    390000 | PA      | $418457.43    | 0.40%             | 2029-03-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 5.65 09/27/47        | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    110000 | PA      | $93232.01     | 0.09%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                                | ANGOL 8 3/4 04/14/32      | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    303000 | PA      | $284675.71    | 0.27%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Kenya (Republic of)                                                                 | KENINT 7 7/8 10/09/33     | CUSIP: 491798AP9<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     92000 | PA      | $90178.14     | 0.09%             | 2033-10-09      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Dominican Republic                                                                  | DOMREP 6.95 03/15/37      | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     28000 | PA      | $29922.20     | 0.03%             | 2037-03-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Philippines (Republic Of)                                                           | PHILIP 2.95 05/05/45      | CUSIP: 718286CH8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |      4000 | PA      | $2868.75      | 0.00%             | 2045-05-05      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EUREX DEUTSCHLAND                                                                   | Euro-BTP Future   Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -17 | NC      | $-38038.06    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| CPI Property Group S.A.                                                             | CPIPGR 1 5/8 04/23/27     | CUSIP: L36807AQ5<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $228941.38    | 0.22%             | 2027-04-23      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| Adani Green Energy (Up) Ltd.                                                        | ADGREG 6.7 03/12/42       | CUSIP: 00654AAC0<br>LEI: 335800NT8W2YDE1C2270 | Long             | DBT              | CORP              | IN        |    160409 | PA      | $158664.02    | 0.15%             | 2042-03-12      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    728100 | NC      | $11769.41     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 5 7/8 01/30/29     | CUSIP: 77586RAT7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     12000 | PA      | $12367.15     | 0.01%             | 2029-01-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Hazine Mustesarligi Varlik Kiralama AS                                              | TURKSK 8.5091 01/14/29    | CUSIP: 421790AK2<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |     43000 | PA      | $47264.81     | 0.05%             | 2029-01-14      | Fixed         | 8.51%                 | Yes           |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                  | PERU 3 01/15/34           | CUSIP: 715638DU3<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     29000 | PA      | $25293.80     | 0.02%             | 2034-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 5 3/4 09/30/49       | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    284000 | PA      | $240626.55    | 0.23%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     29193 | NC      | $-264.10      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       | 260000000 | NC      | $-5812.59     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC 5.286 11/19/30       | CUSIP: 404280EN5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    325000 | PA      | $335162.21    | 0.32%             | 2030-11-19      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Capital Power (US Holdings) Inc                                                     | CPXCN 6.189 06/01/35      | CUSIP: 14041TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $329973.43    | 0.32%             | 2035-06-01      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| Foresea Holding SA                                                                  | FORSEA 7 1/2 06/15/30     | CUSIP: 262051AA3<br>LEI: 254900BAD50AKYGIMV79 | Long             | DBT              | CORP              | LU        |    398000 | PA      | $390215.84    | 0.37%             | 2030-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 0 02/01/30         | CUSIP: 903724CD2<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     13970 | PA      | $7439.03      | 0.01%             | 2030-02-01      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Poland (Republic of)                                                                | POLGB 1 3/4 04/25/32      | CUSIP: X8T0245B7<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    190000 | PA      | $42548.36     | 0.04%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 3.86 06/21/47       | CUSIP: 168863CE6<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     65000 | PA      | $52828.75     | 0.05%             | 2047-06-21      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| Limak Yenilenebilir Enerji AS                                                       | LIMYEN 9 5/8 08/12/30     | CUSIP: 53263MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | TR        |     57000 | PA      | $56374.55     | 0.05%             | 2030-08-12      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Constellation Oil Services Holding SA                                               | COSHSA 9 3/8 11/07/29     | CUSIP: 650921AA7<br>LEI: 5493005YJTU769NW5I10 | Long             | DBT              | CORP              | LU        |    320000 | PA      | $329600.00    | 0.32%             | 2029-11-07      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - TRY   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     16902 | NC      | $183.65       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Czech (Republic of)                                                                 | CZGB 0 1/4 02/10/27       | CUSIP: N/A<br>LEI: 3157007EFDLQABN47912       | Long             | DBT              | NUSS              | CZ        |    400000 | PA      | $18197.66     | 0.02%             | 2027-02-10      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Airbus SE                                                                           | AIRFP 2 3/8 04/07/32      | CUSIP: N0280GBR0<br>LEI: MINO79WLOO247M1IL051 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $225957.37    | 0.22%             | 2032-04-07      | Fixed         | 2.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    270000 | NC      | $-1070.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Energean Israel Finance Ltd.                                                        | ENOIGA 5 7/8 03/30/31     | CUSIP: M4R2A7AB4<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    215000 | PA      | $208018.33    | 0.20%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1396500 | NC      | $5.19         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Port of Spain Waterfront Development Ltd.                                           | POSWDL 7 7/8 02/19/40     | CUSIP: P7S30QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |     61867 | PA      | $62838.60     | 0.06%             | 2040-02-19      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Saudi Arabian Oil Company                                                           | ARAMCO 5 7/8 07/17/64     | CUSIP: 80414L2Q7<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |     12000 | PA      | $11995.84     | 0.01%             | 2064-07-17      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                        | IONPLA 7 7/8 05/01/29     | CUSIP: U4608DAL0<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $118354.40    | 0.11%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| 888 Acquisitions Ltd.                                                               | GAMHOL 10 3/4 05/15/30    | CUSIP: X1957XAE2<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |    350000 | PA      | $451925.57    | 0.43%             | 2030-05-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                             | ARGENT 1 07/09/29         | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     73600 | PA      | $62817.60     | 0.06%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 1 3/4 02/01/36     | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     44150 | PA      | $24437.03     | 0.02%             | 2036-02-01      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Organon & Co                                                                        | OGN 2 7/8 04/30/28        | CUSIP: U6835WAC8<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |    220000 | PA      | $242875.56    | 0.23%             | 2028-04-30      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| OSAKA EXCHANGE                                                                      | JPN 10Y BOND(OSE) Dec25   | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | DIR              | CORP              | JP        |        21 | NC      | $-86180.87    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Oman (Sultanate Of)                                                                 | OMAN 6 1/2 03/08/47       | CUSIP: 682051AF4<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     86000 | PA      | $94700.72     | 0.09%             | 2047-03-08      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                            | FLTR 4 06/04/31           | CUSIP: G35906AE9<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    300000 | PA      | $346843.71    | 0.33%             | 2031-06-04      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CEMEX S.A.B. de C.V.                                                                | CEMEX 5 1/8 PERP          | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     68000 | PA      | $67075.66     | 0.06%             | 2169-09-08      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 9 1/8 07/13/30     | CUSIP: 900123DJ6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     41000 | PA      | $46686.60     | 0.04%             | 2030-07-13      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| 3R Lux S.a.r.l                                                                      | RRRPBZ 9 3/4 02/05/31     | CUSIP: 88563PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    309000 | PA      | $317018.55    | 0.30%             | 2031-02-05      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                             | ARGENT 0 1/8 07/09/46     | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    184227 | PA      | $126932.60    | 0.12%             | 2046-07-09      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| Utah Acquisition Sub Inc                                                            | VTRS 3 1/8 11/22/28       | CUSIP: N59465BD0<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |    200000 | PA      | $231870.03    | 0.22%             | 2028-11-22      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 4 3/4 03/08/44        | CUSIP: 91086QBB3<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     98000 | PA      | $82800.20     | 0.08%             | 2044-03-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                                           | PDVSA 9 3/4 05/17/35      | CUSIP: P7807HAQ8<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |    460000 | PA      | $112010.00    | 0.11%             | 2035-05-17      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Spain (Kingdom of)                                                                  | SPGB 2.7 10/31/48         | CUSIP: E8922AFN5<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |    250000 | PA      | $240221.33    | 0.23%             | 2048-10-31      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                                                           | PRXNA 3.061 07/13/31      | CUSIP: N7163RAR4<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    127000 | PA      | $115655.91    | 0.11%             | 2031-07-13      | Fixed         | 3.06%                 | Yes           |                  2 | On Loan: No      |
| Zambia (Republic Of)                                                                | ZAMBIN 0 1/2 12/31/53     | CUSIP: 988895AR9<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     72000 | PA      | $50475.82     | 0.05%             | 2053-12-31      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| CDX.EM SERIES 44                                                                    | CXPEM544A                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DCR              | CORP              | N/A       |   5920000 | PA      | $96056.77     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Orbia Advance Corp S A B De Cv                                                      | ORBIA 7 1/2 05/13/35      | CUSIP: 68560EAD0<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    224000 | PA      | $223160.00    | 0.21%             | 2035-05-13      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Pt Mineral Industri Indonesia (Persero)                                             | IDASAL 5.8 05/15/50       | CUSIP: 74445PAG7<br>LEI: 2549008P48EB9SN2OI80 | Long             | DBT              | CORP              | ID        |     26000 | PA      | $25835.00     | 0.02%             | 2050-05-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Ghana (Republic of)                                                                 | GHANA 5 07/03/35          | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    150600 | PA      | $130110.42    | 0.12%             | 2035-07-03      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BBVA Mexico SA                                                                      | BBVASM 5 1/8 01/18/33     | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |         0 | PA      | $0.00         | 0.00%             | 2033-01-18      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                       | MPEL 5 3/4 07/21/28       | CUSIP: 58547DAE9<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    106000 | PA      | $105752.37    | 0.10%             | 2028-07-21      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Poland (Republic of)                                                                | POLGB 2 3/4 04/25/28      | CUSIP: X8T024JZ9<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    180000 | PA      | $47226.81     | 0.05%             | 2028-04-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |      8700 | NC      | $-45.99       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - COP   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     54248 | NC      | $177.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  11000000 | NC      | $-16.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                       | NGERIA 7.143 02/23/30     | CUSIP: 65412JAD5<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    112000 | PA      | $111877.42    | 0.11%             | 2030-02-23      | Fixed         | 7.14%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 6 5/8 02/17/45     | CUSIP: 900123CG3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    492000 | PA      | $451599.21    | 0.43%             | 2045-02-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bertelsmann SE & Co. KGaA                                                           | BERTEL 3 1/2 05/29/29     | CUSIP: D1010NAK7<br>LEI: 5299001BUUGXAREGE533 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $354878.94    | 0.34%             | 2029-05-29      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Ethiopia (Federal Democratic Republic of)                                           | ETHOPI 6 5/8 12/11/24     | CUSIP: 29766LAA4<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |     57000 | PA      | $60135.00     | 0.06%             | 2024-12-11      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 7.65 06/15/35      | CUSIP: P01012AN6<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      9000 | PA      | $9378.04      | 0.01%             | 2035-06-15      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                                           | TD 8 1/8 10/31/2082       | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $348988.42    | 0.34%             | 2082-10-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Comision Ejecutiva Hidroelectrica Del Rio Lempa                                     | CELELS 8.65 01/24/33      | CUSIP: 200444AA5<br>LEI: 254900YU43PQQ27Q0E71 | Long             | DBT              | CORP              | SV        |     43000 | PA      | $45601.50     | 0.04%             | 2033-01-24      | Fixed         | 8.65%                 | Yes           |                  2 | On Loan: No      |
| Engie SA                                                                            | ENGIFP 5 5/8 04/10/34     | CUSIP: 29286DAB1<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |    290000 | PA      | $304247.96    | 0.29%             | 2034-04-10      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Greenko Dutch BV                                                                    | GRNKEN 3.85 03/29/26      | CUSIP: 39530LAD2<br>LEI: 724500PT585P4JPVRP08 | Long             | DBT              | CORP              | NL        |    143590 | PA      | $142266.88    | 0.14%             | 2026-03-29      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                           | ELSALV 7.65 06/15/35      | CUSIP: P01012AN6<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    102000 | PA      | $106284.49    | 0.10%             | 2035-06-15      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                           | KSA 5 3/8 01/13/31        | CUSIP: 80413TBK4<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     22000 | PA      | $23159.82     | 0.02%             | 2031-01-13      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 5 08/01/39           | CUSIP: T602598V2<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    180000 | PA      | $237493.97    | 0.23%             | 2039-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CEMEX S.A.B. de C.V.                                                                | CEMEX 7.2 PERP            | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    198000 | PA      | $205959.60    | 0.20%             | 2173-09-10      | Fixed         | 7.20%                 | Yes           |                  2 | On Loan: No      |
| Avenir Issuer Ii (Ireland) Designated Activity Company                              | ANGOL 6.927 02/19/27      | CUSIP: G0R1NSAA3<br>LEI: 635400VEZIQKZPR7KU35 | Long             | ABS-O            | CORP              | IE        |     62143 | PA      | $60123.22     | 0.06%             | 2027-02-19      | Fixed         | 6.93%                 | No            |                  2 | On Loan: No      |
| France (Republic Of)                                                                | FRANCE                    | CUSIP: F43750GD8<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |   1500000 | PA      | $1697087.47   | 1.63%             | 2026-11-25      | Fixed         | 0.25%                 | Yes           |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                              | BPLN 4 7/8 PERP           | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    335000 | PA      | $335330.71    | 0.32%             | 2100-12-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                                            | COSTAR 7.3 11/13/54       | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    171000 | PA      | $191626.88    | 0.18%             | 2054-11-13      | Fixed         | 7.30%                 | Yes           |                  2 | On Loan: No      |
| SierraCol Energy Andina LLC                                                         | SIERRA 6 06/15/28         | CUSIP: 82653LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $323602.28    | 0.31%             | 2028-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - EUR   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     95981 | NC      | $-65.92       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 3 1/2 02/12/34        | CUSIP: 91087BAR1<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      8000 | PA      | $6958.00      | 0.01%             | 2034-02-12      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Brazil (Federative Republic)                                                        | BRAZIL 6 10/20/33         | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    588000 | PA      | $602700.00    | 0.58%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Vamos Europe                                                                        | VAMOBZ 9.2 01/26/31       | CUSIP: 92049NAA7<br>LEI: 894500FA5CLVV8HLE261 | Long             | DBT              | CORP              | LU        |    239000 | PA      | $223355.06    | 0.21%             | 2031-01-26      | Fixed         | 9.20%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    157000 | NC      | $1424.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                               | REPHUN 5 1/2 03/26/36     | CUSIP: 445545AU0<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     31000 | PA      | $31336.87     | 0.03%             | 2036-03-26      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                        | PEMEX 6.95 01/28/60       | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    265000 | PA      | $218447.45    | 0.21%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Energean PLC                                                                        | ENOGLN 6 1/2 04/30/27     | CUSIP: G3044DAA4<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    164000 | PA      | $163905.70    | 0.16%             | 2027-04-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                                        | PLNIJ 3 3/8 02/05/30      | CUSIP: 71568QAL1<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |      8000 | PA      | $7684.50      | 0.01%             | 2030-02-05      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                           | KSA 4 5/8 10/04/47        | CUSIP: 80413TAF6<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |      2000 | PA      | $1781.24      | 0.00%             | 2047-10-04      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Leviathan Bond Limited                                                              | LVIATH 6 3/4 06/30/30     | CUSIP: M6746GAD8<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    110000 | PA      | $111327.43    | 0.11%             | 2030-06-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Yinson Boronia Production BV                                                        | YPANBR 8.947 07/31/42     | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |    413039 | PA      | $451532.40    | 0.43%             | 2042-07-31      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                                                         | SUMILF 5 7/8 09/10/55     | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    350000 | PA      | $358045.80    | 0.34%             | 2055-09-10      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Country Garden Holdings Co Ltd.                                                     | COGARD 4.8 08/06/30       | CUSIP: G24524BF9<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $19500.00     | 0.02%             | 2030-08-06      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                           | KSA 4 1/2 04/17/30        | CUSIP: 80413TAH2<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     51000 | PA      | $51663.13     | 0.05%             | 2030-04-17      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                              | COLTES 7 03/26/31         | CUSIP: P6S32JV64<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        | 400000000 | PA      | $86093.13     | 0.08%             | 2031-03-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Studio City Finance Limited                                                         | STCITY 5 01/15/29         | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    384000 | PA      | $367932.90    | 0.35%             | 2029-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| KSA Ijarah Sukuk Ltd.                                                               | KSA 4 7/8 09/09/35        | CUSIP: 50116FAB8<br>LEI: 558600OCHJOSSXHWLV71 | Long             | DBT              | NUSS              | KY        |     12000 | PA      | $12166.67     | 0.01%             | 2035-09-09      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  10654800 | NC      | $172230.09    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - BRL   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |     50111 | NC      | $76.75        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 5 3/8 03/22/33        | CUSIP: 91087BBK5<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     22000 | PA      | $22050.65     | 0.02%             | 2033-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                           | KSA 4 7/8 07/18/33        | CUSIP: 80413TBD0<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |    140000 | PA      | $142962.12    | 0.14%             | 2033-07-18      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Minejesa Capital BV                                                                 | MINCAP 5 5/8 08/10/37     | CUSIP: 602736AB6<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    220000 | PA      | $219579.80    | 0.21%             | 2037-08-10      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Ireland (Republic Of)                                                               | IRISH 0.9 05/15/28        | CUSIP: G4R49GAL7<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |     50000 | PA      | $56050.03     | 0.05%             | 2028-05-15      | Fixed         | 0.90%                 | Yes           |                  2 | On Loan: No      |
| Altice Financing S.A.                                                               | ALTICE 4 1/4 08/15/29     | CUSIP: L01787AF4<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    580000 | PA      | $497568.97    | 0.48%             | 2029-08-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Cameroon (Republic of)                                                              | REPCAM 5.95 07/07/32      | CUSIP: V58014AB3<br>LEI: 54930021BO6NHYGBBV24 | Long             | DBT              | NUSS              | CM        |    204000 | PA      | $192201.54    | 0.18%             | 2032-07-07      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |  11943900 | NC      | $193067.81    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                                                           | PRXNA 3.061 07/13/31      | CUSIP: 74365PAF5<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $182135.30    | 0.17%             | 2031-07-13      | Fixed         | 3.06%                 | Yes           |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                             | INDOGB 6 1/2 2/15/31      | CUSIP: Y6S86ZPZ6<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 840000000 | PA      | $52411.64     | 0.05%             | 2031-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                           | IVYCST 8 1/4 01/30/37     | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     61000 | PA      | $64916.39     | 0.06%             | 2037-01-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Poland (Republic of)                                                                | POLAND 5 1/8 09/18/34     | CUSIP: 731011AY8<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    117000 | PA      | $120401.87    | 0.12%             | 2034-09-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                            | EGYPT 5 7/8 02/16/31      | CUSIP: 03846JAB6<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    436000 | PA      | $419979.14    | 0.40%             | 2031-02-16      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Senegal (Republic of)                                                               | SENEGL 4 3/4 03/13/28     | CUSIP: V7691DAZ9<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    303000 | PA      | $297113.21    | 0.29%             | 2028-03-13      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Yapi Ve Kredi Bankasi A.S.                                                          | YKBNK 7 1/8 10/10/29      | CUSIP: 984848AT8<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    117000 | PA      | $120621.15    | 0.12%             | 2029-10-10      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Softbank Group Corp.                                                                | SOFTBK 3 7/8 07/06/32     | CUSIP: J75963BW7<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    380000 | PA      | $421644.38    | 0.41%             | 2032-07-06      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                      | MEX 4 7/8 05/19/33        | CUSIP: 91087BAT7<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     32000 | PA      | $31200.00     | 0.03%             | 2033-05-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 4.2 03/01/34         | CUSIP: T6052B5T1<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |   1430000 | PA      | $1774819.57   | 1.71%             | 2034-03-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                                                              | ISPIM 5 1/8 08/29/31      | CUSIP: T5R13TRP7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $255984.08    | 0.25%             | 2031-08-29      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Turkey (Republic of)                                                                | TURKEY 7 1/8 07/17/32     | CUSIP: 900123DL1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    101000 | PA      | $105209.56    | 0.10%             | 2032-07-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Leviathan Bond Limited                                                              | LVIATH 6 1/2 06/30/27     | CUSIP: M6746GAC0<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    258000 | PA      | $259696.35    | 0.25%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Bayer AG                                                                            | BAYNGR 1 3/8 07/06/32     | CUSIP: D07112UM1<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    300000 | PA      | $306713.87    | 0.29%             | 2032-07-06      | Fixed         | 1.38%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                        | PEMEX 6.35 02/12/48       | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    435000 | PA      | $349011.29    | 0.34%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Stellantis N.V                                                                      | STLA 4 1/4 06/16/31       | CUSIP: N82405AL0<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $296993.13    | 0.29%             | 2031-06-16      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    140000 | NC      | $-1.28        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    110000 | NC      | $1857.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                               | ROMANI 6 3/8 01/30/34     | CUSIP: 77586RAU4<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     58000 | PA      | $59696.99     | 0.06%             | 2034-01-30      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| European Investment Bank                                                            | EIB 1 1/8 09/15/36        | CUSIP: B3821SJS7<br>LEI: 5493006YXS1U5GIHE750 | Long             | DBT              | NUSS              | N/A       |    200000 | PA      | $191057.54    | 0.18%             | 2036-09-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                                                 | CHILE 5.65 01/13/37       | CUSIP: 168863EE4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |      8000 | PA      | $8492.00      | 0.01%             | 2037-01-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Suriname (Republic of)                                                              | SURINM 8 1/2 11/06/35     | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     53000 | PA      | $54908.00     | 0.05%             | 2035-11-06      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Kazakhstan (Republic Of)                                                            | KAZAKS 6 1/2 07/21/45     | CUSIP: 486661AH4<br>LEI: 5493007OEK8EF02UO833 | Long             | DBT              | NUSS              | KZ        |     20000 | PA      | $22496.28     | 0.02%             | 2045-07-21      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                  | BBVASM 3 1/2 02/10/27     | CUSIP: E11805PZ0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    300000 | PA      | $349936.83    | 0.34%             | 2027-02-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Adani Electricity Mumbai Ltd.                                                       | ADANEM 3.949 02/12/30     | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    260000 | PA      | $244301.02    | 0.23%             | 2030-02-12      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                            | EGYPT 8 3/4 09/30/51      | CUSIP: 03846JAF7<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    320000 | PA      | $298013.46    | 0.29%             | 2051-09-30      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Grupo Aeromexico S. A. B. De C. V.                                                  | AEROMX 8 5/8 11/15/31     | CUSIP: 40054JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    416000 | PA      | $418323.85    | 0.40%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                        | IONPLA 7 7/8 05/01/29     | CUSIP: N/A<br>LEI: 213800FKHT3BRRKMCC89       | Long             | DBT              | CORP              | LU        |    320000 | PA      | $378734.09    | 0.36%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                                                 | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   7700000 | NC      | $85.32        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                          | SOAF 7.3 04/20/52         | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     88000 | PA      | $88726.32     | 0.09%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                               | UKRAIN 1 3/4 02/01/35     | CUSIP: X5S0055X5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    135152 | PA      | $75685.12     | 0.07%             | 2035-02-01      | Floating      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Hyundai Capital Services, Inc.                                                      | HYUCAP 5 1/4 01/22/28     | CUSIP: 44920UAX6<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |    325000 | PA      | $331593.25    | 0.32%             | 2028-01-22      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Italy (Republic Of)                                                                 | BTPS 3.85 02/01/35        | CUSIP: T6031QAF8<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |    900000 | PA      | $1085198.73   | 1.04%             | 2035-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer