# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0001752724-25-162768
**Filing Date:** 2025-6
**Character Count:** 111333
**Document Hash:** 937599da477a4bd94dbe1002afa04297
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-162768.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001752724-25-162768

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**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:** 251089881

**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 High Yield Bond Fund (Series ID: S000020978)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000059529 | Dunham High Yield Bond Fund Class A | DAHYX           |
| C000059530 | Dunham High Yield Bond Fund Class C | DCHYX           |
| C000059531 | Dunham High Yield Bond Fund Class N | DNHYX           |

## 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 High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000020978

- **c. LEI of Series:** 549300EMO57TQ4UQFX73

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $172118227.00

**Total Liabilities:** $1652732.62

**Net Assets:** $170465494.38

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 7.13099300 | **1-Year:** 286.54350900 | **5-Year:** 1077.09299800 | **10-Year:** 607.63043400 | **30-Year:** 0.00000000

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

- **3-Month:** 46.37391200 | **1-Year:** 10862.10236600 | **5-Year:** 37381.47850700 | **10-Year:** 5411.66775400 | **30-Year:** 18.02508400

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059529 | 0.46%                | -1.85%               | -0.36%               |
| Class ID C000059530 | 0.43%                | -1.92%               | -0.41%               |
| Class ID C000059531 | 0.60%                | -1.96%               | -0.22%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $148718.64               | $-105254.65                                |
| Month 2  | $-1015117.20             | $-3717390.06                               |
| Month 3  | $-766249.35              | $-1010454.81                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Aercap Global Aviation Trust                                                                     | AER 6 1/2 06/15/45                   | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |    455000 | PA      | $455791.92    | 0.27%             | 2045-06-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Air Canada                                                                                       | ACACN 3 7/8 08/15/26                 | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    715000 | PA      | $701886.04    | 0.41%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Aircastle Limited                                                                                | AYR 5 1/4 PERP                       | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1220000 | PA      | $1188418.10   | 0.70%             | 2171-09-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 7/8 02/15/28                   | CUSIP: 013092AB7<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    506000 | PA      | $506075.04    | 0.30%             | 2028-02-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 4 5/8 01/15/27                   | CUSIP: 013092AC5<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    440000 | PA      | $435424.70    | 0.26%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 6 1/2 02/15/28                   | CUSIP: 01309QAA6<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    325000 | PA      | $330507.78    | 0.19%             | 2028-02-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| ATI Inc                                                                                          | ATI 4 7/8 10/01/29                   | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    731000 | PA      | $699172.48    | 0.41%             | 2029-10-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Bread Financial Holdings Inc                                                                     | BFH 9 3/4 03/15/29                   | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    471000 | PA      | $495595.60    | 0.29%             | 2029-03-15      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                 | ALIANT 6 1/2 10/01/31                | CUSIP: 01883LAG8<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    690000 | PA      | $690312.43    | 0.40%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corp / Atlas Luxco 4 SARL                 | UNSEAM 4 5/8 06/01/28                | CUSIP: 019579AA9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    935000 | PA      | $896717.83    | 0.53%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: —       |
| Ally Financial Inc.                                                                              | ALLY 6.7 02/14/33                    | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1366411.32   | 0.80%             | 2033-02-14      | Fixed         | 6.70%                 | No            | 2                  | On Loan: —       |
| Ally Financial Inc.                                                                              | ALLY 6.646 01/17/40                  | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    226000 | PA      | $215138.69    | 0.13%             | 2040-01-17      | Fixed         | 6.65%                 | No            | 2                  | On Loan: No      |
| Altice Financing S.A.                                                                            | ALTICE 5 01/15/28                    | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   2411000 | PA      | $1854238.38   | 1.09%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Altice France S.A                                                                                | SFRFP 5 1/2 10/15/29                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1010000 | PA      | $827872.05    | 0.49%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| American Airlines, Inc.                                                                          | AAL 7 1/4 02/15/28                   | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    350000 | PA      | $345957.47    | 0.20%             | 2028-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: —       |
| American Airlines, Inc.                                                                          | AAL 8 1/2 05/15/29                   | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    810000 | PA      | $824025.15    | 0.48%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: —       |
| Antero Midstream Partners LP / Antero Midstream Finance Corp                                     | AM 5 3/4 01/15/28                    | CUSIP: 03690AAF3<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    576000 | PA      | $572990.69    | 0.34%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.                                                      | ARI 4 5/8 06/15/29                   | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $929084.81    | 0.55%             | 2029-06-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Archrock Partners LP/Archrock Partners Finance Corp                                              | APLP 6 5/8 09/01/32                  | CUSIP: 03959KAD2<br>LEI: 549300YFKOM2XNCKQU76 | Long             | DBT              | CORP              | US        |    795000 | PA      | $791054.65    | 0.46%             | 2032-09-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC                      | AMPBEV 3 1/4 09/01/28                | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1014000 | PA      | $927994.45    | 0.54%             | 2028-09-01      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: —       |
| Atlantica Sustainable Infrastructure Ltd.                                                        | AY 4 1/8 06/15/28                    | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    533000 | PA      | $506642.03    | 0.30%             | 2028-06-15      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Atlas Luxco 4 S A R L / Allied Universal Holdco Llc / Allied Universal Finance Corporation       | UNSEAM 4 5/8 06/01/28                | CUSIP: 049362AA4<br>LEI: 549300ONXPZT3KQZDR65 | Long             | DBT              | CORP              | LU        |    350000 | PA      | $336962.96    | 0.20%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                              | CAR 8 1/4 01/15/30                   | CUSIP: 053773BJ5<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499222.50    | 0.29%             | 2030-01-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: —       |
| LBM Acquisition LLC                                                                              | USLBMH 6 1/4 01/15/29                | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   1064000 | PA      | $933651.91    | 0.55%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: —       |
| Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance Inc.             | BRP 7 1/8 05/15/31                   | CUSIP: 05825XAA7<br>LEI: 5493004GCDREAQPPYG20 | Long             | DBT              | CORP              | US        |    750000 | PA      | $763806.75    | 0.45%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Banijay Entertainment S.A.S.                                                                     | BANIJA 8 1/8 05/01/29                | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    900000 | PA      | $923282.69    | 0.54%             | 2029-05-01      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Baytex Energy Corp.                                                                              | BTECN 7 3/8 03/15/32                 | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    704000 | PA      | $607961.47    | 0.36%             | 2032-03-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Belo Corp.                                                                                       | TGNA 7 3/4 06/01/27                  | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    740000 | PA      | $765472.28    | 0.45%             | 2027-06-01      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Blackstone Mortgage Trust, Inc                                                                   | BXMT 7 3/4 12/01/29                  | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    746000 | PA      | $775332.72    | 0.45%             | 2029-12-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Brinker International, Inc.                                                                      | EAT 8 1/4 07/15/30                   | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    675000 | PA      | $708591.38    | 0.42%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| Burford Capital Global Finance LLC                                                               | BURLN 6 1/4 04/15/28                 | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    660000 | PA      | $654902.56    | 0.38%             | 2028-04-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Burford Capital Global Finance LLC                                                               | BURLN 9 1/4 07/01/31                 | CUSIP: 12116LAE9<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |     79000 | PA      | $83320.83     | 0.05%             | 2031-07-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| C&S Group Enterprises LLC                                                                        | CSWHOL 5 12/15/28                    | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1221864.33   | 0.72%             | 2028-12-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 5 02/01/28                      | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    378000 | PA      | $368890.43    | 0.22%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 5 3/8 06/01/29                  | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $807785.22    | 0.47%             | 2029-06-01      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 6 3/8 09/01/29                  | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $212075.68    | 0.12%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Old Claimco LLC                                                                                  | CEC 6 3/4 05/01/26                   | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1341102.43   | 0.79%             | 2026-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| CSC Holdings, LLC                                                                                | CSCHLD 5 3/4 01/15/30                | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1068000 | PA      | $536499.12    | 0.31%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| CSC Holdings, LLC                                                                                | CSCHLD 4 5/8 12/01/30                | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    470000 | PA      | $217868.97    | 0.13%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| CSC Holdings, LLC                                                                                | CSCHLD 11 3/4 01/31/29               | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    450000 | PA      | $426090.51    | 0.25%             | 2029-01-31      | Fixed         | 11.75%                | Yes           | 2                  | On Loan: No      |
| C&W Senior Finance Ltd.                                                                          | CWCFIN 9 01/15/33                    | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1185000 | PA      | $1192342.26   | 0.70%             | 2033-01-15      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Cable One Inc                                                                                    | CABO 4 11/15/30                      | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   1229000 | PA      | $1002215.46   | 0.59%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: —       |
| Caesars Entertainment Inc.                                                                       | CZR 4 5/8 10/15/29                   | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    960000 | PA      | $887177.18    | 0.52%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: —       |
| California Buyer Ltd.                                                                            | AY 6 3/8 02/15/32                    | CUSIP: 13005HAA8<br>LEI: 254900V5SMQ1UP1CLC26 | Long             | DBT              | CORP              | GB        |    235000 | PA      | $230848.63    | 0.14%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Calpine Corporation                                                                              | CPN 5 02/01/31                       | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    703000 | PA      | $676532.89    | 0.40%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Capstone Copper Corp                                                                             | CAPCOP 6 3/4 03/31/33                | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    226000 | PA      | $221467.65    | 0.13%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Capstone Borrower Inc.                                                                           | CVT 8 06/15/30                       | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    902000 | PA      | $921742.98    | 0.54%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Carnival Corporation                                                                             | CCL 6 05/01/29                       | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1517000 | PA      | $1509899.70   | 0.89%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Champions Financing Inc.                                                                         | CRASHC 8 3/4 02/15/29                | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |   1133000 | PA      | $998677.30    | 0.59%             | 2029-02-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: —       |
| Civitas Resources Inc                                                                            | CIVI 8 5/8 11/01/30                  | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    485000 | PA      | $468771.85    | 0.27%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Clearway Energy Operating LLC                                                                    | CWENA 3 3/4 01/15/32                 | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1016329.74   | 0.60%             | 2032-01-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 7 03/15/32                       | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    950000 | PA      | $891518.71    | 0.52%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: —       |
| Cleveland-Cliffs Inc                                                                             | CLF 7 3/8 05/01/33                   | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    265000 | PA      | $249465.44    | 0.15%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 6 1/4 10/01/40                   | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     95000 | PA      | $75057.89     | 0.04%             | 2040-10-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                             | NOVHOL 8 3/4 04/15/30                | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1057562.20   | 0.62%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                             | NOVHOL 6 3/4 04/15/32                | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71519.99     | 0.04%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Cobra Acquisitionco LLC                                                                          | EXETFI 6 3/8 11/01/29                | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1405000 | PA      | $1126960.76   | 0.66%             | 2029-11-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Cogent Communications Group LLC                                                                  | CCOI 7 06/15/27                      | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    442000 | PA      | $444482.71    | 0.26%             | 2027-06-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Cogent Communications Group LLC / Cogent Finance Inc.                                            | CCOI 7 06/15/27                      | CUSIP: 19240WAA7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    490000 | PA      | $492819.46    | 0.29%             | 2027-06-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Commercial Metals Company                                                                        | CMC 3 7/8 02/15/31                   | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    802000 | PA      | $719777.91    | 0.42%             | 2031-02-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Comstock Resources, Inc.                                                                         | CRK 6 3/4 03/01/29                   | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    815000 | PA      | $778210.82    | 0.46%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: —       |
| Concentra Health Services Inc.                                                                   | CONCEN 6 7/8 07/15/32                | CUSIP: 20600DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    973000 | PA      | $998041.13    | 0.59%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                                          | ISATLN 9 09/15/29                    | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |    600000 | PA      | $561930.06    | 0.33%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Consolidated Energy Finance S.A.                                                                 | CONSEN 5 5/8 10/15/28                | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   1275000 | PA      | $995864.25    | 0.58%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Covanta Holding Corporation                                                                      | CVA 5 09/01/30                       | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    597000 | PA      | $549640.11    | 0.32%             | 2030-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Covanta Holding Corporation                                                                      | CVA 4 7/8 12/01/29                   | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    255000 | PA      | $238467.18    | 0.14%             | 2029-12-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                                        | CACC 9 1/4 12/15/28                  | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $634843.20    | 0.37%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| Crown Americas LLC                                                                               | CCK 5 1/4 04/01/30                   | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    529000 | PA      | $528517.76    | 0.31%             | 2030-04-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Cushman & Wakefield U S Borrower LLC                                                             | CWK 6 3/4 05/15/28                   | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    744000 | PA      | $748155.24    | 0.44%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Delek Logistics Partners Lp                                                                      | DKL 8 5/8 03/15/29                   | CUSIP: 24665FAD4<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |    885000 | PA      | $911597.79    | 0.53%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Deluxe Corporation                                                                               | DLX 8 06/01/29                       | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1287787.76   | 0.76%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Deluxe Corporation                                                                               | DLX 8 1/8 09/15/29                   | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35085.89     | 0.02%             | 2029-09-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Edgewell Personal Care Co                                                                        | EPC 4 1/8 04/01/29                   | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    775000 | PA      | $725028.16    | 0.43%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| EnerSys                                                                                          | ENS 4 3/8 12/15/27                   | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    554000 | PA      | $537793.89    | 0.32%             | 2027-12-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| EnerSys                                                                                          | ENS 6 5/8 01/15/32                   | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97046.87     | 0.06%             | 2032-01-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Entegris Escrow Corp.                                                                            | ENTG 5.95 06/15/30                   | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    570000 | PA      | $567706.26    | 0.33%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           | 2                  | On Loan: No      |
| Equipmentshare Com Inc.                                                                          | EQMSRM 8 5/8 05/15/32                | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $1031088.02   | 0.60%             | 2032-05-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Excelerate Energy LP                                                                             | EXCENE 8 05/15/30                    | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    330000 | PA      | $336018.19    | 0.20%             | 2030-05-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| EZCORP Inc.                                                                                      | EZPW 7 3/8 04/01/32                  | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    563000 | PA      | $590692.84    | 0.35%             | 2032-04-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd.                                                             | FMGAU 4 3/8 04/01/31                 | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   1520000 | PA      | $1376947.02   | 0.81%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc.                              | FRTITA 6 3/4 01/15/30                | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    952000 | PA      | $833278.27    | 0.49%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: —       |
| First American Funds Inc.                                                                        | FRST AM-GV OB-Z                      | CUSIP: 31846V567<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   7313524 | PA      | $7313523.68   | 4.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Firstcash Inc                                                                                    | FCFS 4 5/8 09/01/28                  | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    436000 | PA      | $423237.67    | 0.25%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Firstcash Inc                                                                                    | FCFS 6 7/8 03/01/32                  | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    330000 | PA      | $337024.70    | 0.20%             | 2032-03-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Focus Financial Partners LLC                                                                     | FOCS 6 3/4 08/15/31                  | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    985000 | PA      | $990041.23    | 0.58%             | 2031-08-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Fortress Intermediate 3 Inc.                                                                     | PSDO 7 1/2 06/01/31                  | CUSIP: 34966MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $491162.40    | 0.29%             | 2031-06-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Boost Newco Borrower LLC                                                                         | WRLDPY 7 1/2 01/15/31                | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    310000 | PA      | $327379.53    | 0.19%             | 2031-01-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Garda World Security Corporation                                                                 | GWCN 6 06/01/29                      | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    730000 | PA      | $684092.66    | 0.40%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Garda World Security Corporation                                                                 | GWCN 8 3/8 11/15/32                  | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    148000 | PA      | $146149.32    | 0.09%             | 2032-11-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 8 7/8 04/15/30                   | CUSIP: 37185LAN2<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    899000 | PA      | $916651.87    | 0.54%             | 2030-04-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 7 7/8 05/15/32                   | CUSIP: 37185LAQ5<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117063.42    | 0.07%             | 2032-05-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 8 05/15/33                       | CUSIP: 37185LAR3<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    330000 | PA      | $320918.63    | 0.19%             | 2033-05-15      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Magnera Corp.                                                                                    | MAGN 4 3/4 11/15/29                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    850000 | PA      | $740553.32    | 0.43%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| GoEasy Limited                                                                                   | GSYCN 7 5/8 07/01/29                 | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    328000 | PA      | $331406.61    | 0.19%             | 2029-07-01      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| GoEasy Limited                                                                                   | GSYCN 6 7/8 05/15/30                 | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    515000 | PA      | $502799.44    | 0.29%             | 2030-05-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: —       |
| Greystar Real Estate Partners LLC                                                                | GRSTAR 7 3/4 09/01/30                | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |    613000 | PA      | $644255.03    | 0.38%             | 2030-09-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Grubhub Holdings Inc                                                                             | GRUB 5 1/2 07/01/27                  | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    977000 | PA      | $884115.73    | 0.52%             | 2027-07-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: —       |
| HLF Financing SaRL LLC and Herbalife International Inc.                                          | HLF 4 7/8 06/01/29                   | CUSIP: 40390DAC9<br>LEI: ST81INWBFR1E54KGC135 | Long             | DBT              | CORP              | US        |   1595000 | PA      | $1225987.98   | 0.72%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| HLF Financing SaRL LLC and Herbalife International Inc.                                          | HLF 12 1/4 04/15/29                  | CUSIP: 40390DAD7<br>LEI: 549300VKVJUV5OGV2R51 | Long             | DBT              | CORP              | US        |    870000 | PA      | $927929.82    | 0.54%             | 2029-04-15      | Fixed         | 12.25%                | Yes           | 2                  | On Loan: No      |
| Harvest Midstream I LP                                                                           | HARMID 7 1/2 09/01/28                | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   1322000 | PA      | $1338622.83   | 0.79%             | 2028-09-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Harvest Midstream I LP                                                                           | HARMID 7 1/2 05/15/32                | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407537.72    | 0.24%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| HAT Holdings I LLC and HAT Holdings II LLC                                                       | HASI 3 3/4 09/15/30                  | CUSIP: 418751AD5<br>LEI: 254900YE1WH1XG7Y4E44 | Long             | DBT              | CORP              | US        |    500000 | PA      | $439660.45    | 0.26%             | 2030-09-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: —       |
| HAT Holdings I LLC and HAT Holdings II LLC                                                       | HASI 3 3/8 06/15/26                  | CUSIP: 418751AE3<br>LEI: 254900YE1WH1XG7Y4E44 | Long             | DBT              | CORP              | US        |    430000 | PA      | $417470.92    | 0.24%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Helios Software Holdings Inc / Ion Corporate Solutions Finance SARL                              | IONCOR 4 5/8 05/01/28                | CUSIP: 42329HAA6<br>LEI: 2138002XO5EAYFHPPT53 | Long             | DBT              | CORP              | US        |    864000 | PA      | $779547.63    | 0.46%             | 2028-05-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Hertz Corp.                                                                                      | HTZ 4 5/8 12/01/26                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   1029000 | PA      | $856275.97    | 0.50%             | 2026-12-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Hertz Corp.                                                                                      | HTZ 12 5/8 07/15/29                  | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    445000 | PA      | $433402.77    | 0.25%             | 2029-07-15      | Fixed         | 12.62%                | Yes           | 2                  | On Loan: —       |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 5 3/4 02/01/29                | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    615000 | PA      | $576269.94    | 0.34%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: —       |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 6 02/01/31                    | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    476000 | PA      | $428981.77    | 0.25%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 7 1/4 02/15/35                | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    460000 | PA      | $401503.73    | 0.24%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc           | HGVLLC 5 06/01/29                    | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    288000 | PA      | $266657.73    | 0.16%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: —       |
| Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc           | HGVLLC 4 7/8 07/01/31                | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    815000 | PA      | $711759.65    | 0.42%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| Service Properties Trust                                                                         | SVC 4 3/4 10/01/26                   | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193941.40    | 0.11%             | 2026-10-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                             | HOWMID 8 7/8 07/15/28                | CUSIP: 442722AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    282000 | PA      | $293285.36    | 0.17%             | 2028-07-15      | Fixed         | 8.88%                 | Yes           | 2                  | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                             | HOWMID 7 3/8 07/15/32                | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    760000 | PA      | $774661.16    | 0.45%             | 2032-07-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Howden UK Refinance PLC & Howden US Refinance LLC                                                | HWDGRP 7 1/4 02/15/31                | CUSIP: 44287GAA4<br>LEI: 87550008DPN8BDG67910 | Long             | DBT              | CORP              | GB        |    775000 | PA      | $796633.88    | 0.47%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| HudBay Minerals Inc                                                                              | HBMCN 6 1/8 04/01/29                 | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |    410000 | PA      | $408651.24    | 0.24%             | 2029-04-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Iliad Holding S.A.S.                                                                             | ILDFP 8 1/2 04/15/31                 | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    223000 | PA      | $235375.39    | 0.14%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Iliad Holding S.A.S.                                                                             | ILDFP 7 04/15/32                     | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   1226000 | PA      | $1238477.00   | 0.73%             | 2032-04-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| ITT Holdings LLC                                                                                 | INTMAT 6 1/2 08/01/29                | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1472161.30   | 0.86%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Imola Merger Corp.                                                                               | IM 4 3/4 05/15/29                    | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |    625000 | PA      | $597579.56    | 0.35%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                                      | CRGYFN 7 5/8 04/01/32                | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    300000 | PA      | $272609.13    | 0.16%             | 2032-04-01      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                                      | CRGYFN 7 3/8 01/15/33                | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    502000 | PA      | $444709.20    | 0.26%             | 2033-01-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: —       |
| Insulet Corporation                                                                              | PODD 6 1/2 04/01/33                  | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    670000 | PA      | $684003.67    | 0.40%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| ION Trading Technologies S.a.r.l.                                                                | IONTRA 5 3/4 05/15/28                | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    417000 | PA      | $375758.41    | 0.22%             | 2028-05-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| ION Trading Technologies S.a.r.l.                                                                | IONTRA 9 1/2 05/30/29                | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    415000 | PA      | $401423.86    | 0.24%             | 2029-05-30      | Fixed         | 9.50%                 | Yes           | 2                  | On Loan: No      |
| Iris Escrow Issuer Corp                                                                          | ITPCN 10 12/15/28                    | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |    934000 | PA      | $826731.87    | 0.48%             | 2028-12-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: —       |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 7 1/8 04/30/31                | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    716000 | PA      | $738902.06    | 0.43%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6 1/8 11/01/32                | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    371000 | PA      | $364862.55    | 0.21%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6 3/4 05/01/33                | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    190000 | PA      | $191099.44    | 0.11%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Jones Deslauriers Insurance Management Inc.                                                      | NAVCOR 8 1/2 03/15/30                | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    644000 | PA      | $679575.85    | 0.40%             | 2030-03-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Kennedy Wilson Inc                                                                               | KW 4 3/4 03/01/29                    | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |   1388000 | PA      | $1251685.21   | 0.73%             | 2029-03-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Kodiak Gas Services LLC                                                                          | KGS 7 1/4 02/15/29                   | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    915000 | PA      | $930252.14    | 0.55%             | 2029-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Kohl's Corp.                                                                                     | KSS 3 3/8 05/01/31                   | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   1995000 | PA      | $1255736.71   | 0.74%             | 2031-05-01      | Fixed         | 4.62%                 | No            | 2                  | On Loan: —       |
| LFS TopCo LLC                                                                                    | LENDMK 5 7/8 10/15/26                | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    741000 | PA      | $711500.42    | 0.42%             | 2026-10-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                               | LADR 4 1/4 02/01/27                  | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    584000 | PA      | $569394.34    | 0.33%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                               | LADR 4 3/4 06/15/29                  | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $459879.41    | 0.27%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Land O'Lakes Capital Trust I                                                                     | LLAKES 7.45 03/15/28                 | CUSIP: 514665AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $208592.45    | 0.12%             | 2028-03-15      | Fixed         | 7.45%                 | Yes           | 2                  | On Loan: No      |
| Vital Energy Inc                                                                                 | VTLE 7 7/8 04/15/32                  | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |    819000 | PA      | $636963.16    | 0.37%             | 2032-04-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| LifePoint Health, Inc                                                                            | RGCARE 5 3/8 01/15/29                | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1018594.77   | 0.60%             | 2029-01-15      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: —       |
| Mattamy Group Corp                                                                               | MATHOM 5 1/4 12/15/27                | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    361000 | PA      | $351013.44    | 0.21%             | 2027-12-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Mattamy Group Corp                                                                               | MATHOM 4 5/8 03/01/30                | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    501000 | PA      | $458841.60    | 0.27%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                                           | BWY 7 7/8 08/15/26                   | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    602000 | PA      | $593721.18    | 0.35%             | 2026-08-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| McAfee Corp                                                                                      | MCFE 7 3/8 02/15/30                  | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    321000 | PA      | $277785.73    | 0.16%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: —       |
| Melco Resorts Finance Limited                                                                    | MPEL 5 3/8 12/04/29                  | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   1154000 | PA      | $1046654.14   | 0.61%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Methanex Corporation                                                                             | MXCN 5 1/4 12/15/29                  | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     63000 | PA      | $60016.28     | 0.04%             | 2029-12-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Methanex Corporation                                                                             | MXCN 5 1/8 10/15/27                  | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    435000 | PA      | $427279.71    | 0.25%             | 2027-10-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Methanex US Operations Inc.                                                                      | MXCN 6 1/4 03/15/32                  | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    655000 | PA      | $620581.19    | 0.36%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Mineral Resources Ltd.                                                                           | MINAU 8 1/8 05/01/27                 | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    305000 | PA      | $296903.28    | 0.17%             | 2027-05-01      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: —       |
| Mineral Resources Ltd.                                                                           | MINAU 8 1/2 05/01/30                 | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    924000 | PA      | $840167.24    | 0.49%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: —       |
| Mineral Resources Ltd.                                                                           | MINAU 9 1/4 10/01/28                 | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $473341.00    | 0.28%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| Minerals Technologies Inc.                                                                       | MTX 5 07/01/28                       | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    786000 | PA      | $761319.60    | 0.45%             | 2028-07-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| MoneyGram International Inc.                                                                     | MGI 9 06/01/30                       | CUSIP: 606950AA1<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $942427.54    | 0.55%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Molina Healthcare, Inc.                                                                          | MOH 3 7/8 11/15/30                   | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    550000 | PA      | $496160.50    | 0.29%             | 2030-11-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Molina Healthcare, Inc.                                                                          | MOH 6 1/4 01/15/33                   | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    460000 | PA      | $456765.33    | 0.27%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Medline Borrower LP                                                                              | MEDIND 3 7/8 04/01/29                | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1007000 | PA      | $941499.05    | 0.55%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Murphy Oil USA Inc                                                                               | MUSA 4 3/4 09/15/29                  | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    610000 | PA      | $589698.16    | 0.35%             | 2029-09-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| NCR Voyix Corporation                                                                            | VYX 5 1/8 04/15/29                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    248000 | PA      | $237092.94    | 0.14%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 7 3/4 02/15/29                  | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    936000 | PA      | $966367.58    | 0.57%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: —       |
| NCL Corporation Ltd.                                                                             | NCLH 6 3/4 02/01/32                  | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    340000 | PA      | $332621.25    | 0.20%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 1/8 02/15/29                   | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $336727.10    | 0.20%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: —       |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 3/8 02/15/32                   | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    686000 | PA      | $625278.09    | 0.37%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 3 5/8 02/15/31                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1610053.32   | 0.94%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Nabors Industries, Inc.                                                                          | NBR 7 3/8 05/15/27                   | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    370000 | PA      | $349249.88    | 0.20%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Neptune BidCo US Inc.                                                                            | NLSN 9.29 04/15/29                   | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1065013.88   | 0.62%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           | 2                  | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                                        | NEP 7 1/4 01/15/29                   | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1362719.88   | 0.80%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: —       |
| Gen Digital Inc                                                                                  | GEN 7 1/8 09/30/30                   | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    606000 | PA      | $624592.69    | 0.37%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: —       |
| Novelis Corporation                                                                              | HNDLIN 4 3/4 01/30/30                | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    460000 | PA      | $428146.15    | 0.25%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Novelis Corporation                                                                              | HNDLIN 6 7/8 01/30/30                | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    180000 | PA      | $182572.20    | 0.11%             | 2030-01-30      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: —       |
| Nustar Logistics, L.P.                                                                           | NSUS 6 3/8 10/01/30                  | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    379000 | PA      | $385131.84    | 0.23%             | 2030-10-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                                    | OMF 7 1/2 05/15/31                   | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    112000 | PA      | $113693.25    | 0.07%             | 2031-05-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| OneMain Financial Corporation                                                                    | OMF 6 5/8 05/15/29                   | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    507000 | PA      | $509131.92    | 0.30%             | 2029-05-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Ontario Gaming GTA LP / OTG Co Issuer Inc.                                                       | ONGAME 8 08/01/30                    | CUSIP: 68306MAA7<br>LEI: 894500EC9KLZLOC3V025 | Long             | DBT              | CORP              | CA        |   1140000 | PA      | $1096977.77   | 0.64%             | 2030-08-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Open Text Corp                                                                                   | OTEXCN 3 7/8 12/01/29                | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    636000 | PA      | $587082.57    | 0.34%             | 2029-12-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Organon & Co                                                                                     | OGN 5 1/8 04/30/31                   | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |    989000 | PA      | $830784.40    | 0.49%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: —       |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc.                                           | TIHLLC 7 1/8 06/01/31                | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $651151.86    | 0.38%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Park River Holdings Inc                                                                          | PRIMBP 6 3/4 08/01/29                | CUSIP: 70082LAB3<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $843278.50    | 0.49%             | 2029-08-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: —       |
| Pattern Energy Operations LP / Pattern Energy Operations Inc                                     | PEGI 4 1/2 08/15/28                  | CUSIP: 70339PAA7<br>LEI: 254900P898KPCM50SP51 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1260120.71   | 0.74%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Performance Food Group Inc                                                                       | PFGC 4 1/4 08/01/29                  | CUSIP: 71376LAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    835000 | PA      | $791121.16    | 0.46%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Perrigo Finance Unlimited Co.                                                                    | PRGO 6 1/8 09/30/32                  | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    985000 | PA      | $977901.70    | 0.57%             | 2032-09-30      | Fixed         | 6.12%                 | No            | 2                  | On Loan: —       |
| Planet Financial Group LLC                                                                       | PLNFIN 10 1/2 12/15/29               | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1009000 | PA      | $995297.78    | 0.58%             | 2029-12-15      | Fixed         | 10.50%                | Yes           | 2                  | On Loan: No      |
| Prime Securities Services Borrower, LLC and Prime Finance, Inc.                                  | PRSESE 6 1/4 01/15/28                | CUSIP: 74166MAE6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |    647000 | PA      | $647122.54    | 0.38%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Prime Securities Services Borrower, LLC and Prime Finance, Inc.                                  | PRSESE 3 3/8 08/31/27                | CUSIP: 74166MAF3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334210.28    | 0.20%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Queen MergerCo Inc.                                                                              | QXO 6 3/4 04/30/32                   | CUSIP: 74825NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    382000 | PA      | $383993.30    | 0.23%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6 3/8 03/01/32                | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    230000 | PA      | $231706.11    | 0.14%             | 2032-03-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Quikrete Holdings Inc                                                                            | QUIKHO 6 3/4 03/01/33                | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    573000 | PA      | $575726.12    | 0.34%             | 2033-03-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Rfna LP                                                                                          | RFNALP 7 7/8 02/15/30                | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    554000 | PA      | $544709.42    | 0.32%             | 2030-02-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| Rackspace Finance LLC                                                                            | RAX 3 1/2 05/15/28                   | CUSIP: 75008WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1503240 | PA      | $550144.95    | 0.32%             | 2028-05-15      | Fixed         | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Raising Canes Restaurants LLC                                                                    | RZNCAN 9 3/8 05/01/29                | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |    510000 | PA      | $541087.05    | 0.32%             | 2029-05-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Rogers Communications Inc.                                                                       | RCICN 7 04/15/55                     | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    245000 | PA      | $246701.29    | 0.14%             | 2055-04-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Rogers Communications Inc.                                                                       | RCICN 7 1/8 04/15/55                 | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    592000 | PA      | $589730.24    | 0.35%             | 2055-04-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: No      |
| Royal Caribbean Group                                                                            | RCL 6 02/01/33                       | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    840000 | PA      | $842929.53    | 0.49%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Sable International Finance Limited                                                              | CWCLN 7 1/8 10/15/32                 | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    254000 | PA      | $249947.43    | 0.15%             | 2032-10-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Saks Global Enterprises LLC                                                                      | SAKSGL 11 12/15/29                   | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1030000 | PA      | $622619.23    | 0.37%             | 2029-12-15      | Fixed         | 11.00%                | Yes           | 2                  | On Loan: No      |
| United Parks & Resorts Inc                                                                       | SEAS 5 1/4 08/15/29                  | CUSIP: 81282UAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    885000 | PA      | $841026.47    | 0.49%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: —       |
| Select Medical Corporation                                                                       | SEM 6 1/4 12/01/32                   | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    815000 | PA      | $808961.18    | 0.47%             | 2032-12-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: —       |
| Service Properties Trust                                                                         | SVC 5 1/2 12/15/27                   | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    379000 | PA      | $361469.34    | 0.21%             | 2027-12-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 8 3/8 06/15/29                   | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    530000 | PA      | $518754.25    | 0.30%             | 2029-06-15      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 8 7/8 06/15/32                   | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    230000 | PA      | $221953.45    | 0.13%             | 2032-06-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Shift4 Payments Llc / Shift4 Payments Finance Subordinated Incorporated                          | FOUR 6 3/4 08/15/32                  | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $507396.00    | 0.30%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Silgan Holdings Inc.                                                                             | SLGN 4 1/8 02/01/28                  | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    615000 | PA      | $594848.17    | 0.35%             | 2028-02-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Sirius Xm Radio Inc                                                                              | SIRI 4 07/15/28                      | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1140110.68   | 0.67%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Sirius Xm Radio Inc                                                                              | SIRI 3 7/8 09/01/31                  | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    580000 | PA      | $498050.68    | 0.29%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: —       |
| Sotera Health Holdings LLC                                                                       | STENOR 7 3/8 06/01/31                | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    499000 | PA      | $512661.12    | 0.30%             | 2031-06-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Specialty Building Products Holding Llc / Sbp Finance                                            | SBPLLC 7 3/4 10/15/29                | CUSIP: 84749AAC1<br>LEI: 549300ICFD46O3KMJC06 | Long             | DBT              | CORP              | US        |    745000 | PA      | $700534.75    | 0.41%             | 2029-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Block Inc                                                                                        | SQ 6 1/2 05/15/32                    | CUSIP: 852234AR4<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    660000 | PA      | $674162.94    | 0.40%             | 2032-05-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Standard Building Solutions Inc.                                                                 | BMCAUS 3 3/8 01/15/31                | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1024000 | PA      | $900961.69    | 0.53%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Star Leasing Co LLC                                                                              | TRAILR 7 5/8 02/15/30                | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |   1014000 | PA      | $909872.54    | 0.53%             | 2030-02-15      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Starwood Property Trust, Inc.                                                                    | STWD 6 1/2 07/01/30                  | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    825000 | PA      | $830191.76    | 0.49%             | 2030-07-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Station Casinos LLC                                                                              | RRR 6 5/8 03/15/32                   | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    919000 | PA      | $914148.69    | 0.54%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Stonepeak Nile Parent LLC                                                                        | ATSG 7 1/4 03/15/32                  | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1033386.73   | 0.61%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Strathcona Resources Ltd.                                                                        | STRCNA 6 7/8 08/01/26                | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |    954000 | PA      | $936451.27    | 0.55%             | 2026-08-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| TTM Technologies Inc                                                                             | TTMI 4 03/01/29                      | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $958658.80    | 0.56%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Talos Prodtn Inc                                                                                 | TALO 9 02/01/29                      | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    114000 | PA      | $109332.52    | 0.06%             | 2029-02-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Talos Prodtn Inc                                                                                 | TALO 9 3/8 02/01/31                  | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    555000 | PA      | $523082.89    | 0.31%             | 2031-02-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Telesat Canada /Telesat LLC                                                                      | TELSAT 4 7/8 06/01/27                | CUSIP: 87952VAP1<br>LEI: 5493004V5GLBY6SO5Y34 | Long             | DBT              | CORP              | CA        |   1132000 | PA      | $612329.48    | 0.36%             | 2027-06-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 7 7/8 09/15/29                  | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    775000 | PA      | $831825.33    | 0.49%             | 2029-09-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Tibco Software Inc                                                                               | TIBX 6 1/2 03/31/29                  | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1132000 | PA      | $1133125.02   | 0.66%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Travel Plus Leisure Co                                                                           | TNL 4 1/2 12/01/29                   | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    695000 | PA      | $651793.24    | 0.38%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| Trinseo Luxco Finance Spv S.a.r.l. & Trinseo NA Finance Spv LLC                                  | TSE 7 5/8 05/03/29                   | CUSIP: 89668JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    932450 | PA      | $564456.95    | 0.33%             | 2029-05-03      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Sunrise Finco l B.V                                                                              | UPCB 4 7/8 07/15/31                  | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |   1025000 | PA      | $937618.75    | 0.55%             | 2031-07-15      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| United Air Lines, Inc.                                                                           | UAL 4 3/8 04/15/26                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    271000 | PA      | $267209.80    | 0.16%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                                           | UAL 4 5/8 04/15/29                   | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    725000 | PA      | $682735.11    | 0.40%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Univision Communications Inc.                                                                    | UVN 7 3/8 06/30/30                   | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    421000 | PA      | $384732.96    | 0.23%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: —       |
| Univision Communications Inc.                                                                    | UVN 8 1/2 07/31/31                   | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    665000 | PA      | $629046.18    | 0.37%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| VFH Parent LLC & Valor Co-Issuer Inc.                                                            | VIRT 7 1/2 06/15/31                  | CUSIP: 91824YAA6<br>LEI: 549300FRO9M476YHHY64 | Long             | DBT              | CORP              | US        |    925000 | PA      | $950413.45    | 0.56%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| VM Consolidated Inc.                                                                             | AMETRA 5 1/2 04/15/29                | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |    830000 | PA      | $801284.91    | 0.47%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Valaris Ltd.                                                                                     | VAL 8 3/8 04/30/30                   | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    835000 | PA      | $782950.11    | 0.46%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                               | VEGLPL 7 1/2 05/01/33                | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    119000 | PA      | $122139.53    | 0.07%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                               | VEGLPL 7 3/4 05/01/35                | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    681000 | PA      | $699811.26    | 0.41%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Venture Global LNG Inc.                                                                          | VENLNG 8 3/8 06/01/31                | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1277000 | PA      | $1235837.28   | 0.72%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Verde Purchaser LLC                                                                              | VRTV 10 1/2 11/30/30                 | CUSIP: 92339LAA0<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | DBT              | CORP              | US        |    785000 | PA      | $820773.24    | 0.48%             | 2030-11-30      | Fixed         | 10.50%                | Yes           | 2                  | On Loan: No      |
| ViaSat, Inc.                                                                                     | VSAT 5 5/8 04/15/27                  | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    290000 | PA      | $284404.86    | 0.17%             | 2027-04-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: —       |
| ViaSat, Inc.                                                                                     | VSAT 7 1/2 05/30/31                  | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   1234000 | PA      | $940832.20    | 0.55%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: —       |
| Paramount Global                                                                                 | VIAC 6 1/4 02/28/57                  | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    263000 | PA      | $243577.79    | 0.14%             | 2057-02-28      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Paramount Global                                                                                 | PARA 6 3/8 03/30/62                  | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    874000 | PA      | $841383.63    | 0.49%             | 2062-03-30      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Victra Holdings LLC / Victra Finance Corp.                                                       | VICTRA 8 3/4 09/15/29                | CUSIP: 92648DAA4<br>LEI: 549300KWDYQKQSF0MQ18 | Long             | DBT              | CORP              | US        |    275000 | PA      | $279549.75    | 0.16%             | 2029-09-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: —       |
| Virgin Media Finance PLC                                                                         | VMED 5 07/15/30                      | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    680000 | PA      | $596990.90    | 0.35%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: —       |
| Vistra Operations Co LLC                                                                         | VST 7 3/4 10/15/31                   | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    885000 | PA      | $936391.95    | 0.55%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| VMED O2 UK Financing I PLC                                                                       | VMED 7 3/4 04/15/32                  | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    739000 | PA      | $746288.76    | 0.44%             | 2032-04-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Walker & Dunlop Inc.                                                                             | WD 6 5/8 04/01/33                    | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $733053.60    | 0.43%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Warrior Met Coal Inc                                                                             | HCC 7 7/8 12/01/28                   | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |    255000 | PA      | $257529.86    | 0.15%             | 2028-12-01      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| Weatherford International Ltd Bermuda                                                            | WFRD 8 5/8 04/30/30                  | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    828000 | PA      | $820870.61    | 0.48%             | 2030-04-30      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Wesco Distribution, Inc.                                                                         | WCC 6 3/8 03/15/33                   | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    762000 | PA      | $771678.68    | 0.45%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| WEX Inc                                                                                          | WEX 6 1/2 03/15/33                   | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    824000 | PA      | $802060.01    | 0.47%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| WildFire Intermediate Holdings LLC                                                               | WILDFI 7 1/2 10/15/29                | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |   1126000 | PA      | $1033105.00   | 0.61%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Zayo Group Holdings Inc                                                                          | ZAYO 6 1/8 03/01/28                  | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $975354.58    | 0.57%             | 2028-03-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: —       |
| N/A                                                                                              | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| AESI 5 01/31/26                                                                                  | AESI 5 01/31/26                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              |  | US        |     69688 | PA      | $67178.91     | 0.04%             | 2026-01-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| HI-CRUSH INC                                                                                     | HI-CRUSH                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               |  | US        |        50 | NS      | $284700.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer