# EDGAR Filing Document

**Accession Number:** 0001676326
**File Stem:** 0002071691-26-005083
**Filing Date:** 2026-2
**Character Count:** 198521
**Document Hash:** bab128a8240765fa535972968d37f3b4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-005083.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0002071691-26-005083

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Morgan Stanley ETF Trust
- **CENTRAL INDEX KEY:** 0001676326

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23820
- **FILM NUMBER:** 26692957

**BUSINESS ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 212.296.1404

**MAIL ADDRESS:**
- **STREET 1:** 1585 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

## Series and Classes Contracts Data

### Eaton Vance Income Opportunities ETF (Series ID: S000088109)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000254160 | Eaton Vance Income Opportunities ETF | XAGG            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Morgan Stanley ETF Trust

- **b. Investment Company Act file number:** 811-23820

- **c. CIK number of Registrant:** 0001676326

- **d. LEI of Registrant:** 549300HASXQLXGOR9H31

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

  - **Street Address 1:** 1585 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10036

  - **Telephone number:** 800-548-7786

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

- **a. Name of Series:** Eaton Vance Income Opportunities ETF

- **b. EDGAR series identifier (if any):** S000088109

- **c. LEI of Series:** 254900EUIAYSEFRNOD43

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $411792704.35

**Total Liabilities:** $66543129.51

**Net Assets:** $345249574.84

**Cash Not Reported:** $4546182.53

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 552.22820500 | **1-Year:** 1995.57446200 | **5-Year:** 8571.74214900 | **10-Year:** 16365.87806900 | **30-Year:** 48573.88716200

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

- **3-Month:** 285.36537600 | **1-Year:** 9990.91434700 | **5-Year:** 24917.71604100 | **10-Year:** 12072.51246700 | **30-Year:** 2032.88731600

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254160 | 0.83%                | 1.18%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3448046.50              | $-3135336.75                               |
| Month 2  | $1417760.19              | $-100233.50                                |
| Month 3  | $379751.80               | $436902.96                                 |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** SEC_PORT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Acushnet Co.                                                | Acushnet Co.                                                                              | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |      281000 | PA      | $284859.79    | 0.08%             | 2033-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                                  | Alibaba Group Holding Ltd.                                                                | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |      300000 | PA      | $466650.00    | 0.14%             | 2031-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                           | Alliant Holdings Intermediate LLC                                                         | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      609000 | PA      | $632214.47    | 0.18%             | 2032-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                               | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F050619<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     2000000 | PA      | $1995312.50   | 0.58%             | 2056-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                               | UMBS, Single Family, 30 Year                                                              | CUSIP: 01F052615<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    49200000 | PA      | $49893796.26  | 14.45%            | 2056-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Amentum Holdings, Inc.                                      | Amentum Holdings, Inc.                                                                    | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |      910000 | PA      | $959757.89    | 0.28%             | 2032-08-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| AmeriTex HoldCo Intermediate LLC                            | AmeriTex HoldCo Intermediate LLC                                                          | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      632000 | PA      | $667252.33    | 0.19%             | 2033-08-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Arches Buyer, Inc.                                          | Arches Buyer, Inc.                                                                        | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |      990000 | PA      | $972380.85    | 0.28%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Group SA                                             | Ardagh Group SA                                                                           | CUSIP: 039959AA9<br>LEI: 6354006L1NWUUOPYX274 | Long             | DBT              | CORP              | LU        |      350000 | PA      | $379943.49    | 0.11%             | 2030-12-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Artera Services LLC                                         | Artera Services LLC                                                                       | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |      541540 | PA      | $450069.03    | 0.13%             | 2031-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                               | Asbury Automotive Group, Inc.                                                             | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |      413000 | PA      | $401596.21    | 0.12%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Asurion LLC and Asurion Co-Issuer, Inc.                     | Asurion LLC and Asurion Co-Issuer, Inc.                                                   | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      263000 | PA      | $273027.25    | 0.08%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                 | Allied Universal Holdco LLC                                                               | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1027000 | PA      | $1011211.09   | 0.29%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Avianca Midco 2 plc                                         | Avianca Midco 2 plc                                                                       | CUSIP: 05369YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |      617000 | PA      | $619529.70    | 0.18%             | 2030-02-14      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Avianca Midco 2 plc                                         | Avianca Midco 2 plc                                                                       | CUSIP: 05369YAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |      605442 | PA      | $610987.85    | 0.18%             | 2028-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Ltd.                                         | Azorra Finance Ltd.                                                                       | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |      468000 | PA      | $492236.48    | 0.14%             | 2031-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                    | BX Trust, Series 2025-DELC, Class E                                                       | CUSIP: 05594MAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      750000 | PA      | $756141.15    | 0.22%             | 2042-12-15      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA                                | Banco Mercantil del Norte SA                                                              | CUSIP: 05971PAD0<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |      495000 | PA      | $520368.76    | 0.15%             | 2031-05-20      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Barings CLO Ltd.                                            | Barings CLO Ltd., Series 2019-4A, Class D2R                                               | CUSIP: 06761VAY3<br>LEI: 549300QO1I8V07FLPQ13 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1117109.55   | 0.32%             | 2037-07-15      | Floating      | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Barings CLO Ltd.                                            | Barings CLO Ltd., Series 2025-1A, Class D2                                                | CUSIP: 067927AJ2<br>LEI: 2549000XGGHFFMGI1592 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $745238.46    | 0.22%             | 2038-04-20      | Floating      | 7.53%                 | Yes           |                  2 | On Loan: No      |
| Barings CLO Ltd.                                            | Barings CLO Ltd., Series 2025-1A, Class E                                                 | CUSIP: 067928AA9<br>LEI: 2549000XGGHFFMGI1592 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1094203.59   | 0.32%             | 2038-04-20      | Floating      | 8.48%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO XXV Ltd.                                      | Battalion CLO XXV Ltd., Series 2024-25A, Class D                                          | CUSIP: 07134FAG5<br>LEI: 5493006S0D1X0TK7V334 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1115934.06   | 0.32%             | 2037-03-13      | Floating      | 8.23%                 | Yes           |                  2 | On Loan: No      |
| Bayview Financial Revolving Asset Trust                     | Bayview Financial Revolving Asset Trust, Series 2005-A, Class A1                          | CUSIP: 073250BM3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      764160 | PA      | $745957.90    | 0.22%             | 2040-02-28      | Floating      | 4.84%                 | Yes           |                  2 | On Loan: No      |
| Bayview Commercial Asset Trust                              | Bayview Commercial Asset Trust, Series 2007-6A, Class A4A                                 | CUSIP: 07326FAE8<br>LEI: 5493003DOWFR7J1QCW02 | Long             | ABS-MBS          | CORP              | US        |     1625375 | PA      | $1461438.26   | 0.42%             | 2037-12-25      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                 | Beach Acquisition Bidco LLC                                                               | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |      764000 | PA      | $843939.61    | 0.24%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XV Ltd.                         | Benefit Street Partners CLO XV Ltd., Series 2018-15A, Class D2R                           | CUSIP: 08179MAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $744986.12    | 0.22%             | 2037-07-15      | Floating      | 8.40%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 14 Ltd.                                     | Birch Grove CLO 14 Ltd., Series 2025-14A, Class D1                                        | CUSIP: 09090RAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1000000 | PA      | $1004238.00   | 0.29%             | 2037-07-22      | Floating      | 7.83%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                                    | Bryant Park Funding Ltd., Series 2023-19A, Class D1R                                      | CUSIP: 11765AAY5<br>LEI: 5493004CTFWJSWYD8564 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1111673.88   | 0.32%             | 2038-04-15      | Floating      | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding Ltd.                                    | Bryant Park Funding Ltd., Series 2024-22A, Class D                                        | CUSIP: 11766CAJ3<br>LEI: 5493000N8L82QL1KEO96 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1116817.62   | 0.32%             | 2037-04-15      | Floating      | 8.20%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                            | CCO Holdings LLC                                                                          | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      782000 | PA      | $736778.39    | 0.21%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                              | Cascade Funding Mortgage Trust, Series 2022-AB2, Class M2                                 | CUSIP: 12530JAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      799736 | PA      | $764046.13    | 0.22%             | 2052-02-25      | Variable      | 2.00%                 | Yes           |                  2 | On Loan: No      |
| CFMT LLC                                                    | CFMT LLC, Series 2024-HB13, Class M4                                                      | CUSIP: 12530VAE5<br>LEI: 984500D67D63D8645054 | Long             | ABS-MBS          | CORP              | US        |     1160000 | PA      | $1108151.25   | 0.32%             | 2034-05-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CFMT LLC                                                    | CFMT LLC, Series 2024-HB14, Class M5                                                      | CUSIP: 12530XAF8<br>LEI: 9845005986F840FBE847 | Long             | ABS-MBS          | CORP              | US        |     2960000 | PA      | $2734781.30   | 0.79%             | 2034-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                              | Cascade Funding Mortgage Trust, Series 2025-HB16, Class M4                                | CUSIP: 12531BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2220000 | PA      | $2089483.31   | 0.61%             | 2035-03-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| CP Atlas Buyer, Inc.                                        | CP Atlas Buyer, Inc.                                                                      | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |      522000 | PA      | $541164.97    | 0.16%             | 2030-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Calderys Financing LLC                                      | Calderys Financing LLC                                                                    | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |      667000 | PA      | $709085.70    | 0.21%             | 2028-06-01      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                    | Celanese US Holdings LLC                                                                  | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      605000 | PA      | $639661.10    | 0.19%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                    | Celanese US Holdings LLC                                                                  | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |       93000 | PA      | $94546.16     | 0.03%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                          | Cerdia Finanz GmbH                                                                        | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |      425000 | PA      | $441468.75    | 0.13%             | 2031-10-03      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Champs Trust                                                | Champs Trust, Series 2024-1, Class A                                                      | CUSIP: 15878AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2162116 | PA      | $2230387.18   | 0.65%             | 2059-07-25      | Variable      | 8.46%                 | Yes           |                  2 | On Loan: No      |
| Champs Trust                                                | Champs Trust, Series 2024-2, Class A                                                      | CUSIP: 15878BAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1776393 | PA      | $1839557.46   | 0.53%             | 2059-11-25      | Variable      | 9.60%                 | Yes           |                  2 | On Loan: No      |
| Champs Trust                                                | Champs Trust, Series 2025-1, Class A                                                      | CUSIP: 158926AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2048502 | PA      | $2132559.13   | 0.62%             | 2060-04-25      | Variable      | 7.41%                 | Yes           |                  2 | On Loan: No      |
| Chobani LLC                                                 | Chobani LLC                                                                               | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      743000 | PA      | $775968.40    | 0.22%             | 2029-07-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                         | Citigroup Commercial Mortgage Trust, Series 2020-555, Class F                             | CUSIP: 17328EAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      670000 | PA      | $585078.77    | 0.17%             | 2041-12-10      | Variable      | 3.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-94362.87    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2573.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Civitas Resources, Inc.                                     | Civitas Resources, Inc.                                                                   | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |      333000 | PA      | $349208.78    | 0.10%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                           | Clarios Global LP                                                                         | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      265000 | PA      | $274960.69    | 0.08%             | 2032-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                      | Cleveland-Cliffs, Inc.                                                                    | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      538000 | PA      | $560005.65    | 0.16%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                      | Cleveland-Cliffs, Inc.                                                                    | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      114000 | PA      | $119219.60    | 0.03%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                       | Clydesdale Acquisition Holdings, Inc.                                                     | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |      539000 | PA      | $548380.76    | 0.16%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                       | Clydesdale Acquisition Holdings, Inc.                                                     | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |      625000 | PA      | $643090.27    | 0.19%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                        | GNMA II, Single Family, 30 Year                                                           | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2200000 | PA      | $2195009.19   | 0.64%             | 2056-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                         | CDS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     1120000 | PA      | $6191.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | CDS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |      560000 | PA      | $4990.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | CDS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |      840000 | PA      | $6077.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | CDS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     1260000 | PA      | $8209.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DBR Land Holdings LLC                                       | DBR Land Holdings LLC                                                                     | CUSIP: 24024BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      124000 | PA      | $126914.00    | 0.04%             | 2030-12-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-88696.41    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Digicel International Finance Ltd.                          | Digicel International Finance Ltd.                                                        | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      420000 | PA      | $436074.32    | 0.13%             | 2032-08-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Dream Finders Homes, Inc.                                   | Dream Finders Homes, Inc.                                                                 | CUSIP: 26154DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      176000 | PA      | $177112.32    | 0.05%             | 2030-09-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ECAF I Ltd.                                                 | ECAF I Ltd., Series 2015-1A, Class A2                                                     | CUSIP: 26827EAC9<br>LEI: 635400SSRNQERTYCWK57 | Long             | ABS-O            | CORP              | KY        |      521531 | PA      | $483738.52    | 0.14%             | 2040-06-15      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $11511.94     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EchoStar Corp.                                              | EchoStar Corp.                                                                            | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |      699000 | PA      | $773500.25    | 0.22%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Elmwood CLO VIII Ltd.                                       | Elmwood CLO VIII Ltd., Series 2021-1A, Class DR                                           | CUSIP: 29003EAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $743680.76    | 0.22%             | 2037-04-20      | Floating      | 7.68%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 32 Ltd.                                         | Elmwood CLO 32 Ltd., Series 2024-8A, Class D1                                             | CUSIP: 29003TAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1116489.06   | 0.32%             | 2037-10-18      | Floating      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 40 Ltd.                                         | Elmwood CLO 40 Ltd., Series 2025-3A, Class E                                              | CUSIP: 29004GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1123495.38   | 0.33%             | 2038-03-22      | Floating      | 9.13%                 | Yes           |                  2 | On Loan: No      |
| Empower CLO Ltd.                                            | Empower CLO Ltd., Series 2024-1A, Class D1                                                | CUSIP: 29244RAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1115947.38   | 0.32%             | 2037-04-25      | Floating      | 7.61%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2971.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FMC GMSR Issuer Trust                                       | FMC GMSR Issuer Trust, Series 2022-GT1, Class B                                           | CUSIP: 30259RAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2960000 | PA      | $2978521.90   | 0.86%             | 2027-04-25      | Fixed         | 7.17%                 | Yes           |                  2 | On Loan: No      |
| FREMF Mortgage Trust                                        | FREMF Mortgage Trust, Series 2016-KF21, Class B                                           | CUSIP: 30289XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      188652 | PA      | $10658.42     | 0.00%             | 2026-07-25      | Floating      | 9.37%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4192.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC Gold Pool, 30 Year                                                                  | CUSIP: 31287YYS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |         462 | PA      | $487.15       | 0.00%             | 2032-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | FNMA, REMIC, Series 2012-63, Class HS                                                     | CUSIP: 3136A6TR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       18271 | PA      | $246.54       | 0.00%             | 2041-08-25      | Floating      | 2.56%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | FNMA, REMIC, Series 2014-23, Class SA                                                     | CUSIP: 3136AJ4H6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      294569 | PA      | $16770.04     | 0.00%             | 2039-10-25      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | FNMA, REMIC, Series 2014-10, Class CS                                                     | CUSIP: 3136AJFH4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      152287 | PA      | $9346.75      | 0.00%             | 2044-03-25      | Variable      | 1.63%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | FNMA, REMIC, Series 2025-13, Class BZ                                                     | CUSIP: 3136BU2C3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2093581 | PA      | $2106461.75   | 0.61%             | 2055-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31371KEX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        2692 | PA      | $2810.30      | 0.00%             | 2031-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31374TW39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        1210 | PA      | $1257.61      | 0.00%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31379NGP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |          11 | PA      | $11.88        | 0.00%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, Multifamily Structured Pass-Through Certificates, Series K126, Class X3            | CUSIP: 3137FXYY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     5170000 | PA      | $588023.13    | 0.17%             | 2049-01-25      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, Multifamily Structured Pass-Through Certificates, Series K1522, Class X3           | CUSIP: 3137H4RJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     4750000 | PA      | $1090229.26   | 0.32%             | 2036-11-25      | Variable      | 3.07%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, Multifamily Structured Pass-Through Certificates, Series K-152, Class X3           | CUSIP: 3137H9MB2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     7335941 | PA      | $1726409.54   | 0.50%             | 2055-11-25      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, REMIC, Series 5513, Class GZ                                                       | CUSIP: 3137HKEH3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2093581 | PA      | $2103033.93   | 0.61%             | 2054-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, REMIC, Series 5563, Class TV                                                       | CUSIP: 3137HMNX4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     3718635 | PA      | $3868004.16   | 1.12%             | 2055-08-25      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                       | FHLMC, REMIC, Series 5604, Class SQ                                                       | CUSIP: 3137HPAN3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     2983220 | PA      | $3292414.19   | 0.95%             | 2055-12-25      | Floating      | 9.22%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31380PJE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        1031 | PA      | $1071.93      | 0.00%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31384WKY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |         598 | PA      | $621.73       | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31388UJP6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        2176 | PA      | $2272.57      | 0.00%             | 2032-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31390MJW5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        1528 | PA      | $1608.16      | 0.00%             | 2032-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                        | UMBS, 30 Year                                                                             | CUSIP: 31418FMJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     2928006 | PA      | $2971140.65   | 0.86%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                 | First Quantum Minerals Ltd.                                                               | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |      597000 | PA      | $638310.61    | 0.18%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1877.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                | Focus Financial Partners LLC                                                              | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |      594000 | PA      | $611046.97    | 0.18%             | 2031-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                   | Ford Motor Credit Co. LLC                                                                 | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      386000 | PA      | $414447.47    | 0.12%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-4144.87     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fortrea Holdings, Inc.                                      | Fortrea Holdings, Inc.                                                                    | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |      137000 | PA      | $140199.77    | 0.04%             | 2030-07-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2692.82      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3618F4Y62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1527329 | PA      | $1593398.56   | 0.46%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA II, Single Family, 30 Year                                                           | CUSIP: 3618FCDP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     1158609 | PA      | $1208728.00   | 0.35%             | 2053-08-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA I, Single Family, 30 Year                                                            | CUSIP: 36209RPP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         204 | PA      | $210.28       | 0.00%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA I, Single Family, 30 Year                                                            | CUSIP: 36211PHU0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         852 | PA      | $878.51       | 0.00%             | 2030-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                     | GSR Mortgage Loan Trust, Series 2005-3F, Class 1A3                                        | CUSIP: 36242DD26<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      564256 | PA      | $504086.36    | 0.15%             | 2035-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gol Finance, Inc.                                           | Gol Finance, Inc.                                                                         | CUSIP: 36254VAN8<br>LEI: 549300FRXVB8W0960Y03 | Long             | DBT              | CORP              | KY        |      785000 | PA      | $805606.25    | 0.23%             | 2030-06-06      | Fixed         | 14.38%                | Yes           |                  2 | On Loan: No      |
| Galaxy 33 CLO Ltd.                                          | Galaxy 33 CLO Ltd., Series 2024-33A, Class D1                                             | CUSIP: 36321EAL9<br>LEI: 3912004FNLYTWOWSZU31 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $742064.60    | 0.21%             | 2037-04-20      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Global Partners LP                                          | Global Partners LP                                                                        | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      737000 | PA      | $753323.08    | 0.22%             | 2033-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Global Medical Response, Inc.                               | Global Medical Response, Inc.                                                             | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |      107000 | PA      | $111427.54    | 0.03%             | 2032-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO 72 B Ltd.                        | Golub Capital Partners CLO 72 B Ltd., Series 2024-72A, Class D                            | CUSIP: 381941AG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     1110000 | PA      | $1117370.40   | 0.32%             | 2037-04-25      | Floating      | 7.86%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2012-149, Class MS                                                           | CUSIP: 38378GM47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      449069 | PA      | $49835.27     | 0.01%             | 2042-12-20      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-105, Class TA                                                           | CUSIP: 38381NAF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4861969 | PA      | $5062491.16   | 1.47%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-105, Class TM                                                           | CUSIP: 38381NAG3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2937366 | PA      | $3070642.49   | 0.89%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-118, Class SP                                                           | CUSIP: 38381NB23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4902031 | PA      | $4939867.22   | 1.43%             | 2055-07-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-98, Class GT                                                            | CUSIP: 38381NNU8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     9791219 | PA      | $10262438.99  | 2.97%             | 2055-06-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-114, Class GT                                                           | CUSIP: 38381PWH2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     4908186 | PA      | $5130526.32   | 1.49%             | 2055-07-20      | Floating      | 8.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-139, Class MT                                                           | CUSIP: 38381QYK1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2523991 | PA      | $2574801.23   | 0.75%             | 2055-04-20      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-156, Class UZ                                                           | CUSIP: 38383BAB8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |     3557184 | PA      | $3560273.55   | 1.03%             | 2055-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-174, Class TC                                                           | CUSIP: 38383BK92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      997275 | PA      | $1034945.31   | 0.30%             | 2055-10-20      | Floating      | 7.60%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2022-175, Class SB                                                           | CUSIP: 38383U7L8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     2265182 | PA      | $2380046.31   | 0.69%             | 2052-10-20      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-192, Class QZ                                                           | CUSIP: 38385JZB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |     7934306 | PA      | $7940912.42   | 2.30%             | 2055-11-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-205, Class ZG                                                           | CUSIP: 38385K4A5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | CORP              | US        |     4359554 | PA      | $4347918.79   | 1.26%             | 2055-10-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                        | GNMA, Series 2025-205, Class SP                                                           | CUSIP: 38385K5F3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     6000000 | PA      | $6638178.60   | 1.92%             | 2055-11-20      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3408.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-20236.55    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Harvest Commercial Capital Loan Trust                       | Harvest Commercial Capital Loan Trust, Series 2019-1, Class M6                            | CUSIP: 41753CAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1110000 | PA      | $1077176.86   | 0.31%             | 2046-09-25      | Variable      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Harvest Commercial Capital Loan Trust                       | Harvest Commercial Capital Loan Trust, Series 2020-1, Class M5                            | CUSIP: 41754FAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1850000 | PA      | $1727741.64   | 0.50%             | 2052-04-25      | Variable      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| Harvest SBA Loan Trust                                      | Harvest SBA Loan Trust, Series 2024-1, Class A                                            | CUSIP: 41756NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1931030 | PA      | $1953364.02   | 0.57%             | 2051-12-25      | Floating      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Harvest US CLO Ltd.                                         | Harvest US CLO Ltd., Series 2024-2A, Class D1                                             | CUSIP: 41756YAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1114160.28   | 0.32%             | 2037-10-15      | Floating      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| Harvest SBA Loan Trust                                      | Harvest SBA Loan Trust, Series 2023-1, Class A                                            | CUSIP: 41757BAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      886541 | PA      | $918657.54    | 0.27%             | 2050-10-25      | Floating      | 7.32%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9610.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $7430.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                        | Heartland Dental LLC                                                                      | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       72000 | PA      | $75584.30     | 0.02%             | 2028-04-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                         | Herc Holdings, Inc.                                                                       | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      373000 | PA      | $392777.74    | 0.11%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                         | Herc Holdings, Inc.                                                                       | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |      280000 | PA      | $297072.75    | 0.09%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                         | Herc Holdings, Inc.                                                                       | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |       38000 | PA      | $38586.86     | 0.01%             | 2031-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                         | Herc Holdings, Inc.                                                                       | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |       75000 | PA      | $76046.00     | 0.02%             | 2034-03-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Hightower Holding LLC                                       | Hightower Holding LLC                                                                     | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |      712000 | PA      | $709940.61    | 0.21%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2935.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| IQVIA, Inc.                                                 | IQVIA, Inc.                                                                               | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |      755000 | PA      | $789856.95    | 0.23%             | 2032-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| State of Israel                                             | Israel Government Bond                                                                    | CUSIP: 46514BRM1<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |      370000 | PA      | $356682.51    | 0.10%             | 2054-03-12      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JB Poindexter & Co., Inc.                                   | JB Poindexter & Co., Inc.                                                                 | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |      800000 | PA      | $838980.89    | 0.24%             | 2031-12-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                  | JPMBB Commercial Mortgage Securities Trust, Series 2014-C23, Class D                      | CUSIP: 46643AAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      136000 | PA      | $126101.74    | 0.04%             | 2047-09-15      | Variable      | 4.04%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-6111.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-6100.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2723.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2364.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-797.51      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3850.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3487.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-15710.64    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-13721.45    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-7995.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-7810.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-10251.51    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-3723.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-5977.67     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-10162.04    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-12785.57    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1783.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-2031.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $17602.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                         | LBM Acquisition LLC                                                                       | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |      683000 | PA      | $712840.27    | 0.21%             | 2031-06-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $39618.94     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Leeward Renewable Energy Operations LLC                     | Leeward Renewable Energy Operations LLC                                                   | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |      759000 | PA      | $726008.02    | 0.21%             | 2029-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-6617.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                     | Level 3 Financing, Inc.                                                                   | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      205000 | PA      | $211431.25    | 0.06%             | 2034-03-31      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-25537.57    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-15133.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                      | LifePoint Health, Inc.                                                                    | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |      659000 | PA      | $710364.44    | 0.21%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3181.57      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3212.51      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-75801.51    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LoanMe Trust Prime                                          | LoanMe Trust Prime, Series 2018-1, Class B                                                | CUSIP: 53958AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      246158 | PA      | $245819.93    | 0.07%             | 2034-09-15      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $20399.31     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $1127.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Madison Park Funding LV Ltd.                                | Madison Park Funding LV Ltd., Series 2022-55A, Class D1R                                  | CUSIP: 55819FAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1116340.32   | 0.32%             | 2037-07-18      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XXII Ltd.                                         | Magnetite XXII Ltd., Series 2019-22A, Class DRR                                           | CUSIP: 55954HBC5<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $741477.04    | 0.21%             | 2036-07-15      | Floating      | 6.80%                 | Yes           |                  2 | On Loan: No      |
| Magnetite XXII Ltd.                                         | Magnetite XXII Ltd., Series 2019-22A, Class DJ                                            | CUSIP: 55954HBE1<br>LEI: 5493000081NBXWGGSW23 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $741397.86    | 0.21%             | 2036-07-15      | Floating      | 8.05%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1836.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4543.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Masterbrand, Inc.                                           | Masterbrand, Inc.                                                                         | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |      738000 | PA      | $765475.74    | 0.22%             | 2032-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                 | McGraw-Hill Education, Inc.                                                               | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |      603000 | PA      | $636660.67    | 0.18%             | 2031-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $8563.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-12719.11    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Merrill Lynch Mortgage Investors Trust                      | Merrill Lynch Mortgage Investors Trust, Series 2006-A2, Class XA                          | CUSIP: 590215AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      945193 | PA      | $9.50         | 0.00%             | 2036-02-25      | Variable      | 0.09%                 | Yes           |                  2 | On Loan: No      |
| METAL LLC                                                   | METAL LLC, Series 2017-1, Class A                                                         | CUSIP: 59111RAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |      567695 | PA      | $397369.08    | 0.12%             | 2042-10-15      | Fixed         | 4.58%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4901.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $6786.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9032.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $14464.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-10495.82    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-9242.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AthenaHealth Group, Inc.                                    | AthenaHealth Group, Inc.                                                                  | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |      970000 | PA      | $967905.28    | 0.28%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Mohegan Tribal Gaming Authority                             | Mohegan Tribal Gaming Authority                                                           | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      524000 | PA      | $547607.25    | 0.16%             | 2030-04-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Morgan Stanley & Co. LLC                                    | Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |    27111451 | NS      | $27111451.35  | 7.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Mortgage Subordinate Trust                                  | Mortgage Subordinate Trust                                                                | CUSIP: 61914PAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1810000 | PA      | $1589353.58   | 0.46%             | 2028-11-29      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $9086.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $14550.99     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                    | NGL Energy Operating LLC                                                                  | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      456000 | PA      | $473596.69    | 0.14%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| NRM FNT1 Excess LLC                                         | NRM FNT1 Excess LLC, Series 2024-FNT1, Class A                                            | CUSIP: 62956YAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1979780 | PA      | $2016812.66   | 0.58%             | 2031-11-25      | Variable      | 7.40%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1562.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $2407.70      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $89210.59     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $593.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| New Flyer Holdings, Inc.                                    | New Flyer Holdings, Inc.                                                                  | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      526000 | PA      | $568023.19    | 0.16%             | 2030-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| New Home Co., Inc. (The)                                    | New Home Co., Inc. (The)                                                                  | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |      295000 | PA      | $308250.13    | 0.09%             | 2029-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| New Home Co., Inc. (The)                                    | New Home Co., Inc. (The)                                                                  | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |      371000 | PA      | $382539.21    | 0.11%             | 2030-11-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Newtek Small Business Loan Trust                            | Newtek Small Business Loan Trust, Series 2021-1, Class B                                  | CUSIP: 65253MAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      286130 | PA      | $286062.53    | 0.08%             | 2048-12-25      | Floating      | 6.85%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-18175.68    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Oakwood Mortgage Investors, Inc.                            | Oakwood Mortgage Investors, Inc., Series 2001-C, Class A4                                 | CUSIP: 67087TCM1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2828359 | PA      | $185550.25    | 0.05%             | 2031-06-15      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd.                                                | OCP CLO Ltd., Series 2022-24A, Class D2R                                                  | CUSIP: 67118YAY9<br>LEI: 254900KJTZSIMELS6Y52 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $746641.50    | 0.22%             | 2037-10-20      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO Ltd.                                            | Oaktree CLO Ltd., Series 2019-4A, Class D2RR                                              | CUSIP: 67402CBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      920000 | PA      | $924001.08    | 0.27%             | 2037-07-20      | Floating      | 8.58%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO Ltd.                                                | OCP CLO Ltd., Series 2024-32A, Class D1                                                   | CUSIP: 67570CAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |     1110000 | PA      | $1116867.57   | 0.32%             | 2037-04-23      | Floating      | 7.61%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $4373.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Onity Loan Investment Trust                                 | Onity Loan Investment Trust, Series 2024-HB2, Class M4                                    | CUSIP: 68278DAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1100000 | PA      | $1060491.63   | 0.31%             | 2037-08-25      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| 1261229 BC Ltd.                                             | 1261229 BC Ltd.                                                                           | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      549000 | PA      | $571381.02    | 0.17%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $329.01       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd.                                      | Palmer Square CLO Ltd., Series 2023-2A, Class ER                                          | CUSIP: 69703CAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $746688.12    | 0.22%             | 2038-07-20      | Floating      | 10.28%                | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO Ltd.                                      | Palmer Square CLO Ltd., Series 2018-1A, Class CR                                          | CUSIP: 69703PAS8<br>LEI: 549300A8L0VCZ9626397 | Long             | ABS-CBDO         | CORP              | KY        |     1110000 | PA      | $1115690.97   | 0.32%             | 2037-04-18      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                   | Panther Escrow Issuer LLC                                                                 | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      709000 | PA      | $735146.52    | 0.21%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Park River Holdings, Inc.                                   | Park River Holdings, Inc.                                                                 | CUSIP: 70082LAC1<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |      395000 | PA      | $408967.20    | 0.12%             | 2031-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                    | Patrick Industries, Inc.                                                                  | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |      747000 | PA      | $767026.32    | 0.22%             | 2032-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-198.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PetSmart LLC                                                | PetSmart LLC                                                                              | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      357000 | PA      | $363743.52    | 0.11%             | 2032-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| PetSmart LLC                                                | PetSmart LLC                                                                              | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      285000 | PA      | $293859.80    | 0.09%             | 2033-09-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Phoenix Aviation Capital Ltd.                               | Phoenix Aviation Capital Ltd.                                                             | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |      526000 | PA      | $560810.15    | 0.16%             | 2030-07-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $3344.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $564.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM LLC                                                    | PRPM LLC, Series 2024-RCF3, Class M2                                                      | CUSIP: 74390BAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1145000 | PA      | $1066292.81   | 0.31%             | 2054-05-25      | Variable      | 4.00%                 | Yes           |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2021-HB1, Class M3                                      | CUSIP: 74969TAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      890000 | PA      | $853667.80    | 0.25%             | 2031-11-25      | Variable      | 3.69%                 | Yes           |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2021-HB1, Class M5                                      | CUSIP: 74969TAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2000000 | PA      | $1908927.00   | 0.55%             | 2031-11-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2021-HB1, Class M6                                      | CUSIP: 74969TAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2554530 | PA      | $2297887.54   | 0.67%             | 2031-11-25      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| RMF Proprietary Issuance Trust                              | RMF Proprietary Issuance Trust, Series 2022-2, Class M3                                   | CUSIP: 74970CAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2220000 | PA      | $2003657.23   | 0.58%             | 2062-06-25      | Variable      | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ROCK Trust                                                  | ROCK Trust, Series 2024-CNTR, Class E                                                     | CUSIP: 74970WAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1500000 | PA      | $1600265.40   | 0.46%             | 2041-11-13      | Fixed         | 8.82%                 | Yes           |                  2 | On Loan: No      |
| ReadyCap Lending Small Business Loan Trust                  | ReadyCap Lending Small Business Loan Trust, Series 2023-3, Class A                        | CUSIP: 75576AAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1068209 | PA      | $1084033.06   | 0.31%             | 2048-04-25      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Real Hero Merger Sub 2, Inc.                                | Real Hero Merger Sub 2, Inc.                                                              | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      586000 | PA      | $253995.93    | 0.07%             | 2029-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Forward Foreign Currency Contract                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1410.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2022-HB1, Class M4                                      | CUSIP: 76970HAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     2960000 | PA      | $2584942.25   | 0.75%             | 2032-04-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2020-HB1, Class M2                                      | CUSIP: 76971EAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2590000 | PA      | $2258237.84   | 0.65%             | 2050-10-25      | Variable      | 3.63%                 | Yes           |                  2 | On Loan: No      |
| RMF Buyout Issuance Trust                                   | RMF Buyout Issuance Trust, Series 2020-HB1, Class M5                                      | CUSIP: 76971EAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     9498603 | PA      | $7577244.40   | 2.19%             | 2050-10-25      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                           | Rocket Cos., Inc.                                                                         | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      519000 | PA      | $541768.01    | 0.16%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Rocket Mortgage LLC                                         | Rocket Mortgage LLC                                                                       | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      425000 | PA      | $395171.85    | 0.11%             | 2033-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust                     | SG Commercial Mortgage Securities Trust, Series 2019-PREZ, Class E                        | CUSIP: 78430EAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     2220000 | PA      | $1902740.24   | 0.55%             | 2039-09-15      | Variable      | 3.48%                 | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                     | Saluda Grade Alternative Mortgage Trust, Series 2020-SEQ1, Class M1                       | CUSIP: 79581PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1850000 | PA      | $1898336.62   | 0.55%             | 2050-05-25      | Variable      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                     | Saluda Grade Alternative Mortgage Trust, Series 2025-NPL1, Class A1                       | CUSIP: 79582BAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     1966606 | PA      | $1979401.04   | 0.57%             | 2030-01-25      | Variable      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Seaspan Corp.                                               | Seaspan Corp.                                                                             | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |     1181000 | PA      | $1122590.63   | 0.33%             | 2029-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Shenton Aircraft Investment I Ltd.                          | Shenton Aircraft Investment I Ltd., Series 2015-1A, Class A                               | CUSIP: 82321UAA1<br>LEI: 254900877LAQRYY3YZ51 | Long             | ABS-O            | CORP              | KY        |     1137387 | PA      | $1108424.15   | 0.32%             | 2042-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                             | Sinclair Television Group, Inc.                                                           | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |      643000 | PA      | $672012.16    | 0.19%             | 2033-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Sonic Automotive, Inc.                                      | Sonic Automotive, Inc.                                                                    | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |      418000 | PA      | $410617.33    | 0.12%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Specialty Building Products Holdings LLC                    | Specialty Building Products Holdings LLC                                                  | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      316000 | PA      | $308605.60    | 0.09%             | 2029-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Start II Ltd.                                               | Start II Ltd., Series 2019-1, Class A                                                     | CUSIP: 85573LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | BM        |      430019 | PA      | $429026.22    | 0.12%             | 2044-03-15      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| Stonebriar ABF Issuer LLC                                   | Stonebriar ABF Issuer LLC                                                                 | CUSIP: 86177CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      648000 | PA      | $667414.08    | 0.19%             | 2030-12-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                   | Sunoco LP                                                                                 | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      789000 | PA      | $811123.57    | 0.23%             | 2030-09-18      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                                   | Sunoco LP                                                                                 | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |       98000 | PA      | $98037.39     | 0.03%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Superior Plus LP                                            | Superior Plus LP                                                                          | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      794000 | PA      | $775562.05    | 0.22%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                               | Surgery Center Holdings, Inc.                                                             | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |       83000 | PA      | $84055.62     | 0.02%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Suriname Government International Bond                      | Suriname Government Bond                                                                  | CUSIP: 86886PAE2<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     1041000 | PA      | $1076133.75   | 0.31%             | 2030-11-06      | Fixed         | 7.70%                 | Yes           |                  2 | On Loan: No      |
| Suriname Government International Bond                      | Suriname Government Bond                                                                  | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     2437000 | PA      | $2641098.75   | 0.76%             | 2035-11-06      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Sutherland Commercial Mortgage Trust                        | Sutherland Commercial Mortgage Trust, Series 2021-SB10, Class B                           | CUSIP: 86935JAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      499539 | PA      | $443164.92    | 0.13%             | 2041-12-25      | Variable      | 2.23%                 | Yes           |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings LLC                         | Synergy Infrastructure Holdings LLC                                                       | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      615000 | PA      | $639122.02    | 0.19%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| TICP CLO VI Ltd.                                            | TICP CLO VI Ltd., Series 2016-6A, Class ER2                                               | CUSIP: 87246VAF9<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $744322.34    | 0.22%             | 2034-01-15      | Floating      | 10.42%                | Yes           |                  2 | On Loan: No      |
| GAIA Aviation Ltd.                                          | GAIA Aviation Ltd., Series 2019-1, Class C                                                | CUSIP: 87404LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     2157499 | PA      | $1902462.99   | 0.55%             | 2044-12-15      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Team Health Holdings, Inc.                                  | Team Health Holdings, Inc.                                                                | CUSIP: 87817AAE7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |      437000 | PA      | $443059.01    | 0.13%             | 2028-06-30      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                  | Cloud Software Group, Inc.                                                                | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |      997000 | PA      | $1010706.68   | 0.29%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TopBuild Corp.                                              | TopBuild Corp.                                                                            | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |      686000 | PA      | $652165.16    | 0.19%             | 2032-02-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Total Play Telecomunicaciones SA de CV                      | Total Play Telecomunicaciones SA de CV                                                    | CUSIP: 89157PAD0<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |      572700 | PA      | $550822.86    | 0.16%             | 2032-12-31      | Fixed         | 11.12%                | Yes           |                  2 | On Loan: No      |
| TransAlta Corp.                                             | TransAlta Corp.                                                                           | CUSIP: 89346DAL1<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |      105000 | PA      | $105786.45    | 0.03%             | 2034-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                               | Transocean International Ltd.                                                             | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |      628500 | PA      | $657026.36    | 0.19%             | 2030-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO VI Ltd.                                        | Trinitas CLO VI Ltd., Series 2017-6A, Class DR2                                           | CUSIP: 89640YBG8<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $741486.66    | 0.21%             | 2034-01-25      | Floating      | 7.87%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO VI Ltd.                                        | Trinitas CLO VI Ltd., Series 2017-6A, Class ER                                            | CUSIP: 89641BAE3<br>LEI: 549300IUAXGLQ814UD95 | Long             | ABS-CBDO         | CORP              | KY        |      740000 | PA      | $693855.08    | 0.20%             | 2034-01-25      | Floating      | 10.94%                | Yes           |                  2 | On Loan: No      |
| Banco Actinver SA                                           | Banco Actinver SA                                                                         | CUSIP: 89835RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     1070850 | PA      | $835263.00    | 0.24%             | 2032-12-18      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| United States of America                                    | U.S. Treasury Bills                                                                       | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |     4385000 | PA      | $4359155.07   | 1.26%             | 2026-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United Wholesale Mortgage LLC                               | United Wholesale Mortgage LLC                                                             | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |      259000 | PA      | $257468.90    | 0.07%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications, Inc.                              | Univision Communications, Inc.                                                            | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |       49000 | PA      | $51227.25     | 0.01%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications, Inc.                              | Univision Communications, Inc.                                                            | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |      526000 | PA      | $565727.73    | 0.16%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| VCC Trust                                                   | VCC Trust, Series 2025-MC1, Class A1                                                      | CUSIP: 91825JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     1552596 | PA      | $1545123.15   | 0.45%             | 2055-05-25      | Variable      | 8.16%                 | Yes           |                  2 | On Loan: No      |
| VT Topco, Inc.                                              | VT Topco, Inc.                                                                            | CUSIP: 91838PAA9<br>LEI: 5493007T812R37X02Y38 | Long             | DBT              | CORP              | US        |      259000 | PA      | $271727.78    | 0.08%             | 2030-08-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: 922646AT1<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     3433000 | PA      | $1141472.50   | 0.33%             | 2018-08-15      | Variable      | 13.62%                | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                    | Venture Global LNG, Inc.                                                                  | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      437000 | PA      | $434817.58    | 0.13%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                    | Venture Global LNG, Inc.                                                                  | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |      194000 | PA      | $153349.38    | 0.04%             | 2029-09-30      | Variable      | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Versant Media Group, Inc.                                   | Versant Media Group, Inc.                                                                 | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |      353000 | PA      | $364385.77    | 0.11%             | 2031-01-30      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| VistaJet Malta Finance plc                                  | VistaJet Malta Finance plc                                                                | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      613000 | PA      | $583826.52    | 0.17%             | 2030-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                  | Vmed O2 UK Financing I plc                                                                | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |      542000 | PA      | $500807.19    | 0.15%             | 2031-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VoltaGrid LLC                                               | VoltaGrid LLC                                                                             | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |      847000 | PA      | $839572.44    | 0.24%             | 2030-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Voyager Parent LLC                                          | Voyager Parent LLC                                                                        | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |      674000 | PA      | $715606.69    | 0.21%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| WBI Operating LLC                                           | WBI Operating LLC                                                                         | CUSIP: 92944BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      638000 | PA      | $635924.91    | 0.18%             | 2033-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                          | Wand NewCo 3, Inc.                                                                        | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |      855000 | PA      | $905299.65    | 0.26%             | 2032-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    54600000 | PA      | $305032.59    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     4630000 | PA      | $-3758.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   524800000 | PA      | $-39877.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    44040000 | PA      | $-189439.31   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    29506715 | PA      | $141230.64    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    19870000 | PA      | $-25849.86    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    19870000 | PA      | $33702.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     4630000 | PA      | $5716.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    23300000 | PA      | $128715.94    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    43000000 | PA      | $78543.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    79480000 | PA      | $134809.47    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    18518000 | PA      | $22863.51     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    79480000 | PA      | $-103398.33   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    18518000 | PA      | $-15033.15    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    90000000 | PA      | $-156189.15   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    94400000 | PA      | $-24039.03    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        | 16900000000 | PA      | $-27747.21    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     8000000 | PA      | $-118972.54   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    24600000 | PA      | $-277.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     4000000 | PA      | $-3.81        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |     5000000 | PA      | $46.70        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   136656000 | PA      | $4270.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    26589537 | PA      | $1104.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   136656000 | PA      | $4155.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   136656000 | PA      | $4155.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    26589537 | PA      | $1157.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   104656845 | PA      | $3996.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   115632000 | PA      | $4061.63      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    76059877 | PA      | $3753.80      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | IRS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    74004204 | PA      | $3569.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    16000000 | PA      | $1599.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    14600000 | PA      | $1917.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | OIS                                                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    19000000 | PA      | $2424.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                         | NDIRS                                                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    22400000 | PA      | $5048.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cuenca Dpr                                                  | Cuenca Dpr                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |     1875000 | PA      | $1875000.00   | 0.54%             | 2026-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                               | White Cap Supply Holdings LLC                                                             | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |      372000 | PA      | $386233.97    | 0.11%             | 2030-11-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Windstream Services LLC                                     | Windstream Services LLC                                                                   | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |       34000 | PA      | $35724.13     | 0.01%             | 2031-10-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Windstream Services LLC                                     | Windstream Services LLC                                                                   | CUSIP: 97382BAB5<br>LEI: 549300KT9GVEBYCD2N29 | Long             | DBT              | CORP              | US        |      508000 | PA      | $521186.61    | 0.15%             | 2033-10-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| WULF Compute LLC                                            | WULF Compute LLC                                                                          | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      530000 | PA      | $546434.47    | 0.16%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                   | XPLR Infrastructure Operating Partners LP                                                 | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      101000 | PA      | $102723.81    | 0.03%             | 2034-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                   | XPLR Infrastructure Operating Partners LP                                                 | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      723000 | PA      | $760188.23    | 0.22%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                   | XPLR Infrastructure Operating Partners LP                                                 | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      659000 | PA      | $693728.84    | 0.20%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Yinson Boronia Production BV                                | Yinson Boronia Production BV                                                              | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |      328664 | PA      | $358801.95    | 0.10%             | 2042-07-31      | Fixed         | 8.95%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     1623500 | PA      | $432662.75    | 0.13%             | 2020-12-09      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Great Hall Mortgages No. 1 plc                              | Great Hall Mortgages No. 1 plc, Series 2006-1, Class EA                                   | CUSIP: N/A<br>LEI: 213800TM9KICQKGTYR78       | Long             | ABS-MBS          | CORP              | GB        |     1030000 | PA      | $1364538.07   | 0.40%             | 2038-06-18      | Floating      | 6.85%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      427600 | PA      | $100058.40    | 0.03%             | 2037-04-12      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TDA 27 FTA                                                  | TDA 27 FTA, Series 27, Class A3                                                           | CUSIP: N/A<br>LEI: 95980020140005710276       | Long             | ABS-MBS          | CORP              | ES        |     1057625 | PA      | $1151064.32   | 0.33%             | 2050-12-28      | Floating      | 2.21%                 | Yes           |                  2 | On Loan: No      |
| Eurohome Mortgages plc                                      | Eurohome Mortgages plc, Series 2007-1, Class A                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | IE        |      361027 | PA      | $399251.38    | 0.12%             | 2050-08-02      | Floating      | 2.26%                 | Yes           |                  2 | On Loan: No      |
| Newgate Funding plc                                         | Newgate Funding plc, Series 2007-3X, Class D                                              | CUSIP: N/A<br>LEI: 2138006KF4KS6D5P1697       | Long             | ABS-MBS          | CORP              | GB        |      395128 | PA      | $521289.56    | 0.15%             | 2050-12-15      | Floating      | 6.85%                 | Yes           |                  2 | On Loan: No      |
| Eurohome Italy Mortgages Srl                                | Eurohome Italy Mortgages Srl, Series 2007-1, Class A                                      | CUSIP: N/A<br>LEI: 8156005F4093CD5E0195       | Long             | ABS-MBS          | CORP              | IT        |     1306779 | PA      | $1456762.19   | 0.42%             | 2054-11-02      | Floating      | 2.65%                 | Yes           |                  2 | On Loan: No      |
| Federative Republic of Brazil                               | Brazil Notas do Tesouro Nacional                                                          | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     2000000 | PA      | $1539517.35   | 0.45%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                       | Mexican Bonos                                                                             | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    50426400 | PA      | $2628351.80   | 0.76%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GMAC Financiera SA de CV Sociedad Financiera de Objeto Ltdo | GMAC Financiera SA de CV Sociedad Financiera de Objeto Ltdo, Series 2007-2U, Class A      | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | MX        |    10373805 | PA      | $960857.12    | 0.28%             | 2036-03-25      | Fixed         | 3.99%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      617700 | PA      | $144850.65    | 0.04%             | 2027-04-12      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      435000 | PA      | $383710.78    | 0.11%             | 2048-05-08      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of Peru                                            | Peru Government Bond                                                                      | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |     6300000 | PA      | $2023170.82   | 0.59%             | 2032-08-12      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      400000 | PA      | $352837.50    | 0.10%             | 2048-05-08      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Mortgage Funding plc                                        | Mortgage Funding plc, Series 2008-1, Class B1                                             | CUSIP: N/A<br>LEI: 213800AHT9AB4TA6OJ88       | Long             | ABS-MBS          | CORP              | GB        |     1480000 | PA      | $2001501.51   | 0.58%             | 2046-03-13      | Floating      | 7.05%                 | Yes           |                  2 | On Loan: No      |
| Banna RMBS DAC                                              | Banna RMBS DAC, Series 2019-1, Class E                                                    | CUSIP: N/A<br>LEI: 549300ITMSQX8FY8ZS10       | Long             | ABS-MBS          | CORP              | IE        |      590000 | PA      | $756487.01    | 0.22%             | 2063-12-30      | Floating      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| Longfor Group Holdings Ltd.                                 | Longfor Group Holdings Ltd.                                                               | CUSIP: N/A<br>LEI: 254900UJX27B2F1JYR13       | Long             | DBT              | CORP              | KY        |      698000 | PA      | $548611.74    | 0.16%             | 2029-09-16      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Ukraine                                                     | Ukraine Government Bond                                                                   | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      749000 | PA      | $460219.55    | 0.13%             | 2034-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Ukraine                                                     | Ukraine Government Bond                                                                   | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |     1382000 | PA      | $781950.76    | 0.23%             | 2035-02-01      | Variable      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Ukraine                                                     | Ukraine Government Bond                                                                   | CUSIP: N/A<br>LEI: 6354001WLTJXOMEXPY07       | Long             | DBT              | NUSS              | UA        |      611012 | PA      | $368341.69    | 0.11%             | 2035-02-01      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      650000 | PA      | $558688.21    | 0.16%             | 2049-11-26      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| Lebanese Republic                                           | Lebanon Government Bond                                                                   | CUSIP: N/A<br>LEI: 529900QPC4K9S1KHL354       | Long             | DBT              | NUSS              | LB        |     4250000 | PA      | $998750.00    | 0.29%             | 2028-03-20      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Waga Bondco Ltd.                                            | Waga Bondco Ltd.                                                                          | CUSIP: N/A<br>LEI: 254900PFB2C9WELUW795       | Long             | DBT              | CORP              | JE        |      140000 | PA      | $173549.17    | 0.05%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Fiber Midco SpA                                             | Fiber Midco SpA                                                                           | CUSIP: N/A<br>LEI: 8156000AFE5C06C4D309       | Long             | DBT              | CORP              | IT        |      250000 | PA      | $227645.83    | 0.07%             | 2029-06-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                  | Vmed O2 UK Financing I plc                                                                | CUSIP: N/A<br>LEI: 213800MRR46ECNGZ7L69       | Long             | DBT              | CORP              | GB        |      400000 | PA      | $512641.18    | 0.15%             | 2029-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| State of Israel                                             | Israel Government Bond                                                                    | CUSIP: N/A<br>LEI: 213800T8ZHTFZIBYPE21       | Long             | DBT              | NUSS              | IL        |     1199000 | PA      | $812185.62    | 0.24%             | 2060-05-13      | Fixed         | 3.80%                 | Yes           |                  2 | On Loan: No      |
| British Telecommunications plc                              | British Telecommunications plc                                                            | CUSIP: N/A<br>LEI: 549300OWFMSO9NYV4H90       | Long             | DBT              | CORP              | GB        |      570000 | PA      | $786939.59    | 0.23%             | 2055-12-03      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ecuador                                         | Ecuador Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |     1494313 | PA      | $1478637.66   | 0.43%             | 2030-07-31      | Variable      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Republic of Ecuador                                         | Ecuador Government Bond                                                                   | CUSIP: N/A<br>LEI: 5299003Y2U5XK0A35H71       | Long             | DBT              | NUSS              | EC        |     1162874 | PA      | $991640.80    | 0.29%             | 2030-07-31      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| United Group BV                                             | United Group BV                                                                           | CUSIP: N/A<br>LEI: 213800PC85O8BJ7DU398       | Long             | DBT              | CORP              | NL        |      465000 | PA      | $546093.40    | 0.16%             | 2030-02-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                     | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     1415000 | PA      | $1102704.16   | 0.32%             | 2040-12-02      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| Benin Government International Bond                         | Benin Government Bond                                                                     | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |      346000 | PA      | $369896.14    | 0.11%             | 2052-01-19      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Zorlu Enerji Elektrik Uretim A/S                            | Zorlu Enerji Elektrik Uretim A/S                                                          | CUSIP: N/A<br>LEI: 7890005B5CSNL39OYO75       | Long             | DBT              | CORP              | TR        |     1000000 | PA      | $866597.96    | 0.25%             | 2030-04-23      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |       50000 | PA      | $11725.00     | 0.00%             | 2024-05-16      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC                      | Ardagh Metal Packaging Finance USA LLC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      355000 | PA      | $397371.28    | 0.12%             | 2029-09-01      | Fixed         | 3.00%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      537000 | PA      | $540872.44    | 0.16%             | 2031-01-15      | Fixed         | 9.24%                 | Yes           |                  2 | On Loan: No      |
| Veon Midco BV                                               | Veon Midco BV                                                                             | CUSIP: N/A<br>LEI: 213800GOFSH7EPKBRE50       | Long             | DBT              | CORP              | NL        |     1084000 | PA      | $1030554.25   | 0.30%             | 2027-11-25      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Summer BidCo BV                                             | Summer BidCo BV                                                                           | CUSIP: N/A<br>LEI: 724500EOJYP21L3XM206       | Long             | DBT              | CORP              | NL        |      225000 | PA      | $268150.54    | 0.08%             | 2029-02-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |     1433000 | PA      | $1419891.22   | 0.41%             | 2035-10-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Alstria Office AG                                           | Alstria Office AG                                                                         | CUSIP: N/A<br>LEI: 529900QIJIGPI0DRL085       | Long             | DBT              | CORP              | DE        |      200000 | PA      | $232725.74    | 0.07%             | 2029-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Angola                                          | Angola Government Bond                                                                    | CUSIP: N/A<br>LEI: 549300QHR2R3J8JSGK83       | Long             | DBT              | NUSS              | AO        |      720000 | PA      | $702438.27    | 0.20%             | 2032-04-14      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Benin Government International Bond                         | Benin Government Bond                                                                     | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |      907000 | PA      | $993064.59    | 0.29%             | 2035-01-22      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| Azule Energy Finance plc                                    | Azule Energy Finance plc                                                                  | CUSIP: N/A<br>LEI: 2138006X6O82RJSQDB63       | Long             | DBT              | CORP              | GB        |      965000 | PA      | $967219.50    | 0.28%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                   | Turkiye Government Bond                                                                   | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |    30572204 | PA      | $693152.15    | 0.20%             | 2033-10-05      | Fixed         | 26.20%                | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC                      | Ardagh Metal Packaging Finance USA LLC                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      175000 | PA      | $208115.26    | 0.06%             | 2031-01-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Republic of Poland                                          | Poland Government Bond                                                                    | CUSIP: N/A<br>LEI: 259400R9L8QEP0TPXS31       | Long             | DBT              | NUSS              | PL        |     2700000 | PA      | $736531.35    | 0.21%             | 2036-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fibercop SpA                                                | Fibercop SpA                                                                              | CUSIP: N/A<br>LEI: 8156007022402E114A31       | Long             | DBT              | CORP              | IT        |      830000 | PA      | $994055.69    | 0.29%             | 2032-06-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Bausch + Lomb Netherlands BV and Bausch & Lomb, Inc.        | Bausch + Lomb Netherlands BV and Bausch & Lomb, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | CA        |      595000 | PA      | $711724.24    | 0.21%             | 2031-01-15      | Floating      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| Republic of South Africa                                    | South Africa Government Bond                                                              | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    47768000 | PA      | $2761683.50   | 0.80%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Biffa Group Holdings Ltd.                                   | Biffa Group Holdings Ltd.                                                                 | CUSIP: N/A<br>LEI: 21380012LWLXNMXB8I44       | Long             | DBT              | CORP              | JE        |      225000 | PA      | $264316.74    | 0.08%             | 2031-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CD&R Firefly Bidco plc                                      | CD&R Firefly Bidco plc                                                                    | CUSIP: N/A<br>LEI: 213800OAU5VX61DYZ558       | Long             | DBT              | CORP              | GB        |      460000 | PA      | $651148.57    | 0.19%             | 2029-04-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| TeamSystem SpA                                              | TeamSystem SpA                                                                            | CUSIP: N/A<br>LEI: 81560062081DF3AB7A90       | Long             | DBT              | CORP              | IT        |      295000 | PA      | $350097.77    | 0.10%             | 2031-07-31      | Floating      | 5.53%                 | Yes           |                  2 | On Loan: No      |
| Sherwood Financing plc                                      | Sherwood Financing plc                                                                    | CUSIP: N/A<br>LEI: 259400SSZWSSPNYW7K08       | Long             | DBT              | CORP              | GB        |      450000 | PA      | $515479.66    | 0.15%             | 2029-12-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co.                               | Perrigo Finance Unlimited Co.                                                             | CUSIP: N/A<br>LEI: 549300E86RB6YCTMRM83       | Long             | DBT              | CORP              | IE        |      450000 | PA      | $539480.70    | 0.16%             | 2032-09-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Dynamo Newco II GmbH                                        | Dynamo Newco II GmbH                                                                      | CUSIP: N/A<br>LEI: 391200FDSPYB8FKV7F97       | Long             | DBT              | CORP              | DE        |      500000 | PA      | $600000.93    | 0.17%             | 2031-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Boots Group Finco LP                                        | Boots Group Finco LP                                                                      | CUSIP: N/A<br>LEI: 254900YVLYOVF1PF1N93       | Long             | DBT              | CORP              | US        |      675000 | PA      | $821069.87    | 0.24%             | 2032-08-31      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Grifols SA                                                  | Grifols SA                                                                                | CUSIP: N/A<br>LEI: 959800HSSNXWRKBK4N60       | Long             | DBT              | CORP              | ES        |      670000 | PA      | $829231.18    | 0.24%             | 2030-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                   | Turkiye Government Bond                                                                   | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |   121316408 | PA      | $2883142.86   | 0.84%             | 2034-09-27      | Fixed         | 27.70%                | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands II BV               | Teva Pharmaceutical Finance Netherlands II BV                                             | CUSIP: N/A<br>LEI: 549300HSQCIKJAOYIT23       | Long             | DBT              | CORP              | NL        |      714000 | PA      | $853192.94    | 0.25%             | 2031-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Galaxy Bidco Ltd.                                           | Galaxy Bidco Ltd.                                                                         | CUSIP: N/A<br>LEI: 2138006O8YW3QCHKDY76       | Long             | DBT              | CORP              | GB        |      200000 | PA      | $284130.43    | 0.08%             | 2029-12-19      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Republic of Peru                                            | Peru Government Bond                                                                      | CUSIP: N/A<br>LEI: 254900STKLK2DBJJZ530       | Long             | DBT              | NUSS              | PE        |    13659000 | PA      | $4375624.74   | 1.27%             | 2035-08-12      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| California Buyer Ltd.                                       | California Buyer Ltd.                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |      490000 | PA      | $589593.43    | 0.17%             | 2032-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Almaviva-The Italian Innovation Co. SpA                     | Almaviva-The Italian Innovation Co. SpA                                                   | CUSIP: N/A<br>LEI: 815600A862DA4DD9E211       | Long             | DBT              | CORP              | IT        |      585000 | PA      | $694641.89    | 0.20%             | 2030-10-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                     | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     1319000 | PA      | $1561962.47   | 0.45%             | 2037-10-07      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                     | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      787000 | PA      | $923490.38    | 0.27%             | 2045-10-07      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                        | IHO Verwaltungs GmbH                                                                      | CUSIP: N/A<br>LEI: 529900JL0HDVGZMUJF32       | Long             | DBT              | CORP              | DE        |      565700 | PA      | $704769.46    | 0.20%             | 2029-11-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Edge Finco plc                                              | Edge Finco plc                                                                            | CUSIP: N/A<br>LEI: 648835NI8LJE5190NT73       | Long             | DBT              | CORP              | GB        |      836000 | PA      | $1201766.78   | 0.35%             | 2031-08-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Riyad Sukuk Ltd.                                            | Riyad Sukuk Ltd.                                                                          | CUSIP: N/A<br>LEI: 549300P8GI2KKEMZUH97       | Long             | DBT              | CORP              | KY        |      550000 | PA      | $563685.29    | 0.16%             | 2035-07-14      | Variable      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| ASK Chemicals Deutschland Holding GmbH                      | ASK Chemicals Deutschland Holding GmbH                                                    | CUSIP: N/A<br>LEI: 529900793W6Y4S5VIK84       | Long             | DBT              | CORP              | DE        |      240000 | PA      | $279245.29    | 0.08%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Atos SE                                                     | Atos SE                                                                                   | CUSIP: N/A<br>LEI: 5493001EZOOA66PTBR68       | Long             | SN               | CORP              | FR        |      595000 | PA      | $802564.28    | 0.23%             | 2029-12-18      | Variable      | 9.36%                 | Yes           |                  2 | On Loan: No      |
| IPD 3 BV                                                    | IPD 3 BV                                                                                  | CUSIP: N/A<br>LEI: 724500RBP2J59JMQB629       | Long             | DBT              | CORP              | NL        |      465000 | PA      | $553830.62    | 0.16%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Republic of Montenegro                                      | Montenegro Government Bond                                                                | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |     1140000 | PA      | $1356531.23   | 0.39%             | 2032-04-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Romania                                                     | Romania Government Bond                                                                   | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      937000 | PA      | $1146333.02   | 0.33%             | 2039-07-11      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                 | Beach Acquisition Bidco LLC                                                               | CUSIP: N/A<br>LEI: 254900F2FNX3GBTB6202       | Long             | DBT              | CORP              | US        |      694000 | PA      | $832302.36    | 0.24%             | 2032-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Republic of Albania                                         | Republic of Albania                                                                       | CUSIP: N/A<br>LEI: 254900EDM43U3SGRND29       | Long             | DBT              | NUSS              | AL        |     1950000 | PA      | $2324031.17   | 0.67%             | 2035-02-14      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| La Doria SpA                                                | La Doria SpA                                                                              | CUSIP: N/A<br>LEI: 815600857F45E3102897       | Long             | DBT              | CORP              | IT        |      600000 | PA      | $713416.95    | 0.21%             | 2030-12-30      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Toucan FinCo Ltd.                                           | Toucan FinCo Ltd.                                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | JE        |      320000 | PA      | $363658.92    | 0.11%             | 2030-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Intralot Capital Luxembourg SA                              | Intralot Capital Luxembourg SA                                                            | CUSIP: N/A<br>LEI: 549300QF747C7UWZYB38       | Long             | DBT              | CORP              | LU        |      350000 | PA      | $410317.41    | 0.12%             | 2031-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| SNB Funding Ltd.                                            | SNB Funding Ltd.                                                                          | CUSIP: N/A<br>LEI: 549300PT73WJRNMAKE44       | Long             | DBT              | CORP              | KY        |      550000 | PA      | $566658.95    | 0.16%             | 2035-06-24      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| WEPA Hygieneprodukte GmbH                                   | WEPA Hygieneprodukte GmbH                                                                 | CUSIP: N/A<br>LEI: 529900KQ44OJDIDU6J81       | Long             | DBT              | CORP              | DE        |      200000 | PA      | $236046.61    | 0.07%             | 2032-11-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Saudi Awwal Bank                                            | Saudi Awwal Bank                                                                          | CUSIP: N/A<br>LEI: 558600TQS0WENZUC5190       | Long             | DBT              | CORP              | SA        |      560000 | PA      | $567834.30    | 0.16%             | 2035-09-04      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                              | Olympus Water US Holding Corp.                                                            | CUSIP: N/A<br>LEI: 549300YU2GGVCBN3MY89       | Long             | DBT              | CORP              | US        |      400000 | PA      | $467892.72    | 0.14%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Alexandrite Lake Lux Holdings SARL                          | Alexandrite Lake Lux Holdings SARL                                                        | CUSIP: N/A<br>LEI: 213800RY78YHYF5J8L55       | Long             | DBT              | CORP              | LU        |      430000 | PA      | $514430.79    | 0.15%             | 2030-07-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Sovereign in right of New Zealand                           | New Zealand Government Inflation Linked Bond                                              | CUSIP: N/A<br>LEI: 549300237GPHG2AI7C34       | Long             | DBT              | NUSS              | NZ        |     2423799 | PA      | $1436285.15   | 0.42%             | 2050-09-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                         | Petroleos Mexicanos                                                                       | CUSIP: N/A<br>LEI: 549300CAZKPF4HKMPX17       | Long             | DBT              | NUSS              | MX        |     1019000 | PA      | $1183085.64   | 0.34%             | 2027-04-21      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | U.S. Treasury 5 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         731 | NC      | $-311919.62   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| Tullow Oil plc                                              | Tullow Oil plc                                                                            | CUSIP: N/A<br>LEI: 2138003EYHWO75RKS857       | Long             | DBT              | CORP              | GB        |      236000 | PA      | $172280.00    | 0.05%             | 2026-05-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| WE Soda Investments Holding plc                             | WE Soda Investments Holding plc                                                           | CUSIP: N/A<br>LEI: 984500SE38C07DB47A90       | Long             | DBT              | CORP              | GB        |      304000 | PA      | $307571.24    | 0.09%             | 2028-10-06      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                     | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |      442000 | PA      | $357789.77    | 0.10%             | 2037-02-25      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                     | Raizen Fuels Finance SA                                                                   | CUSIP: N/A<br>LEI: 52990010NH26VC32Q522       | Long             | DBT              | CORP              | LU        |      200000 | PA      | $168250.00    | 0.05%             | 2032-07-08      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Arab Republic of Egypt                                      | Egypt Government Bond                                                                     | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |   154174000 | PA      | $3347929.52   | 0.97%             | 2030-07-08      | Fixed         | 19.95%                | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                              | Braskem Netherlands Finance BV                                                            | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |      205000 | PA      | $84466.62     | 0.02%             | 2028-01-10      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                              | Braskem Netherlands Finance BV                                                            | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |     1033000 | PA      | $404533.13    | 0.12%             | 2030-01-31      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Euro-Bobl                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -11 | NC      | $5839.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      641400 | PA      | $181997.25    | 0.05%             | 2023-05-07      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      117900 | PA      | $37315.35     | 0.01%             | 2022-08-23      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| Braskem Idesa SAPI                                          | Braskem Idesa SAPI                                                                        | CUSIP: N/A<br>LEI: YH0V7ZHY352ITDGEYB83       | Long             | DBT              | CORP              | MX        |      435000 | PA      | $252571.88    | 0.07%             | 2032-02-20      | Fixed         | 6.99%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      814000 | PA      | $231990.00    | 0.07%             | 2022-02-17      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      267100 | PA      | $68377.60     | 0.02%             | 2021-11-17      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |       97700 | PA      | $25402.00     | 0.01%             | 2035-05-17      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |     1069021 | PA      | $250685.42    | 0.07%             | 2024-05-16      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |     1000200 | PA      | $205041.00    | 0.06%             | 2022-10-28      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                   | Petroleos de Venezuela SA                                                                 | CUSIP: N/A<br>LEI: 549300YWR8TN1OFD4P06       | Long             | DBT              | NUSS              | VE        |      464500 | PA      | $471467.50    | 0.14%             | 2020-10-27      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Petroleos del Peru SA                                       | Petroleos del Peru SA                                                                     | CUSIP: N/A<br>LEI: 549300ZMGDLC9JT2OR80       | Long             | DBT              | NUSS              | PE        |      986000 | PA      | $627783.74    | 0.18%             | 2047-06-19      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Samarco Mineracao SA                                        | Samarco Mineracao SA                                                                      | CUSIP: N/A<br>LEI: 529900U8HKV15GJC4O60       | Long             | DBT              | CORP              | BR        |     1344463 | PA      | $1363473.71   | 0.39%             | 2031-06-30      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      143000 | PA      | $47547.50     | 0.01%             | 2018-08-15      | Fixed         | 13.62%                | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     1367000 | PA      | $367381.25    | 0.11%             | 2018-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |       57000 | PA      | $15333.00     | 0.00%             | 2019-10-13      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                            | Venezuela Government Bond                                                                 | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      275700 | PA      | $78298.80     | 0.02%             | 2024-10-13      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| YPF SA                                                      | YPF SA                                                                                    | CUSIP: N/A<br>LEI: 5493003N7447U18U5U53       | Long             | DBT              | NUSS              | AR        |      265916 | PA      | $272420.84    | 0.08%             | 2034-01-17      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Euro-Bund                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |         -49 | NC      | $53883.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                         | U.S. Treasury 2 Year Notes                                                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         -10 | NC      | $1131.44      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                         | U.S. Treasury 10 Year Notes                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          90 | NC      | $-85943.25    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| RiverView HECM Pass-Through Certificates                    | RiverView HECM Pass-Through Certificates, Series 2007-4X, Class A                         | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-MBS          | CORP              | US        |      523271 | PA      | $468647.14    | 0.14%             | 2047-05-25      | Floating      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | Euro-Buxl                                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |          -4 | NC      | $7969.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                         | U.S. Treasury Long Bonds                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         -21 | NC      | $38710.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                         | U.S. Treasury 10 Year Ultra Bonds                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          33 | NC      | $-16798.07    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal Democratic Republic of Ethiopia                     | Ethiopia Government Bond                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | ET        |     2300000 | PA      | $2474717.87   | 0.72%             | 2024-12-11      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                         | U.S. Treasury Ultra Bonds                                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         -70 | NC      | $192894.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympus Water US Holding Corp.                              | Olympus Water US Holding Corp.                                                            | CUSIP: N/A<br>LEI: 549300YU2GGVCBN3MY89       | Long             | DBT              | CORP              | US        |      755000 | PA      | $883147.51    | 0.26%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Biffa Group Holdings Ltd.                                   | Biffa Group Holdings Ltd.                                                                 | CUSIP: N/A<br>LEI: 21380012LWLXNMXB8I44       | Long             | DBT              | CORP              | JE        |      370000 | PA      | $504286.49    | 0.15%             | 2031-06-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Morgan Stanley ETF Trust

**Signature:** Francis J. Smith

**Name of Signer:** Francis J. Smith

**Title:** Principal Financial Officer