# EDGAR Filing Document

**Accession Number:** 0000005094
**File Stem:** 0001752724-25-181689
**Filing Date:** 2025-7
**Character Count:** 770163
**Document Hash:** f20ae7d88e0717ca43c2c53ccce7f6d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181689.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181689

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Bond Fund
- **CENTRAL INDEX KEY:** 0000005094

**ORGANIZATION NAME:**
- **EIN:** 520906083
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02090
- **FILM NUMBER:** 251158787

**BUSINESS ADDRESS:**
- **STREET 1:** 1331 SPRING STREET N.W.
- **STREET 2:** SUITE 2500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309
- **BUSINESS PHONE:** 404-439-3217

**MAIL ADDRESS:**
- **STREET 1:** 1331 SPRING STREET N.W.
- **STREET 2:** SUITE 2500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Invesco Van Kampen Bond Fund
- **DATE OF NAME CHANGE:** 20100601

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN KAMPEN BOND FUND
- **DATE OF NAME CHANGE:** 19981006

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN KAMPEN AMERICAN CAPITAL BOND FUND
- **DATE OF NAME CHANGE:** 19970728

## Nport-Ex

**Schedule of Investments**<sup>(a)</sup> 

*May 31, 2025*

*(Unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **U.S. Dollar Denominated Bonds & Notes–87.95%** | **U.S. Dollar Denominated Bonds & Notes–87.95%** | **U.S. Dollar Denominated Bonds & Notes–87.95%** | **U.S. Dollar Denominated Bonds & Notes–87.95%** |
| **Advertising–0.12%** | **Advertising–0.12%** | **Advertising–0.12%** | **Advertising–0.12%** |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc., <br> 5.13%, 08/15/2027<sup>(b)</sup> <br>|  | $94000 | &nbsp;&nbsp; $92017 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos., Inc. (The), <br> 4.75%, 03/30/2030<br>|  | 132000 | &nbsp;&nbsp; 132533 |
|  |  |  | &nbsp;&nbsp; 224550 |
| **Aerospace & Defense–1.66%** | **Aerospace & Defense–1.66%** | **Aerospace & Defense–1.66%** | **Aerospace & Defense–1.66%** |
| BAE Systems PLC (United Kingdom), | BAE Systems PLC (United Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/26/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203810 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/26/2054<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 192385 |
| Boeing Co. (The), | Boeing Co. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 6.30%, 05/01/2029 |  | 33000 | &nbsp;&nbsp; 34719 |
| &nbsp;&nbsp;&nbsp; 6.53%, 05/01/2034 |  | 63000 | &nbsp;&nbsp; 67269 |
| &nbsp;&nbsp;&nbsp; 5.81%, 05/01/2050 |  | 161000 | &nbsp;&nbsp; 150870 |
| &nbsp;&nbsp;&nbsp; 5.93%, 05/01/2060 |  | 219000 | &nbsp;&nbsp; 202933 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp., 4.95%, <br> 08/15/2035<br>|  | 75000 | &nbsp;&nbsp; 73823 |
| Hexcel Corp., 5.88%, 02/26/2035 |  | 18000 | &nbsp;&nbsp; 17978 |
| &nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc., 4.85%, <br> 10/15/2031<br>|  | 16000 | &nbsp;&nbsp; 16015 |
| Huntington Ingalls Industries, Inc., | Huntington Ingalls Industries, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/15/2030 |  | 32000 | &nbsp;&nbsp; 32515 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/2035 |  | 101000 | &nbsp;&nbsp; 102294 |
| L3Harris Technologies, Inc., | L3Harris Technologies, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 07/31/2033 |  | 41000 | &nbsp;&nbsp; 41568 |
| &nbsp;&nbsp;&nbsp; 5.60%, 07/31/2053 |  | 45000 | &nbsp;&nbsp; 42880 |
| Lockheed Martin Corp., | Lockheed Martin Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.45%, 05/15/2028 |  | 28000 | &nbsp;&nbsp; 28229 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/2034 |  | 99000 | &nbsp;&nbsp; 97297 |
| &nbsp;&nbsp;&nbsp; 4.80%, 08/15/2034 |  | 5000 | &nbsp;&nbsp; 4910 |
| &nbsp;&nbsp;&nbsp; 4.15%, 06/15/2053 |  | 37000 | &nbsp;&nbsp; 28618 |
| &nbsp;&nbsp;&nbsp; 4.30%, 06/15/2062 |  | 47000 | &nbsp;&nbsp; 35992 |
| &nbsp;&nbsp;&nbsp; 5.90%, 11/15/2063 |  | 72000 | &nbsp;&nbsp; 72967 |
| &nbsp;&nbsp;&nbsp; Northrop Grumman Corp., 4.95%, <br> 03/15/2053<br>|  | 34000 | &nbsp;&nbsp; 29853 |
| RTX Corp., | RTX Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/2029 |  | 71000 | &nbsp;&nbsp; 74026 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/15/2031 |  | 35000 | &nbsp;&nbsp; 37188 |
| &nbsp;&nbsp;&nbsp; 5.15%, 02/27/2033 |  | 146000 | &nbsp;&nbsp; 147046 |
| &nbsp;&nbsp;&nbsp; 6.10%, 03/15/2034 |  | 119000 | &nbsp;&nbsp; 126827 |
| &nbsp;&nbsp;&nbsp; 6.40%, 03/15/2054 |  | 86000 | &nbsp;&nbsp; 91803 |
| TransDigm, Inc., | TransDigm, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/2028<sup>(b)</sup> <br>|  | 174000 | &nbsp;&nbsp; 177237 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/2029<sup>(b)</sup> <br>|  | 235000 | &nbsp;&nbsp; 239123 |
| &nbsp;&nbsp;&nbsp; 6.88%, 12/15/2030<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 92875 |
| &nbsp;&nbsp;&nbsp; 7.13%, 12/01/2031<sup>(b)</sup> <br>|  | 44000 | &nbsp;&nbsp; 45571 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/2033<sup>(b)</sup> <br>|  | 89000 | &nbsp;&nbsp; 88131 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/31/2033<sup>(b)</sup> <br>|  | 459000 | &nbsp;&nbsp; 454640 |
|  |  |  | &nbsp;&nbsp; 3051392 |
| **Agricultural & Farm Machinery–0.26%** | **Agricultural & Farm Machinery–0.26%** | **Agricultural & Farm Machinery–0.26%** | **Agricultural & Farm Machinery–0.26%** |
| AGCO Corp., | AGCO Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.45%, 03/21/2027 |  | 17000 | &nbsp;&nbsp; 17143 |
| &nbsp;&nbsp;&nbsp; 5.80%, 03/21/2034 |  | 95000 | &nbsp;&nbsp; 95310 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Agricultural & Farm Machinery–(continued)** | **Agricultural & Farm Machinery–(continued)** | **Agricultural & Farm Machinery–(continued)** | **Agricultural & Farm Machinery–(continued)** |
| &nbsp;&nbsp;&nbsp; CNH Industrial Capital LLC, 4.75%, <br> 03/21/2028<br>|  | $73000 | &nbsp;&nbsp; $73163 |
| John Deere Capital Corp., | John Deere Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 06/10/2030 |  | 134000 | &nbsp;&nbsp; 135260 |
| &nbsp;&nbsp;&nbsp; 5.10%, 04/11/2034 |  | 149000 | &nbsp;&nbsp; 149880 |
|  |  |  | &nbsp;&nbsp; 470756 |
| **Agricultural Products & Services–0.03%** | **Agricultural Products & Services–0.03%** | **Agricultural Products & Services–0.03%** | **Agricultural Products & Services–0.03%** |
| Cargill, Inc., 4.75%, 04/24/2033<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 52076 |
| **Air Freight & Logistics–0.60%** | **Air Freight & Logistics–0.60%** | **Air Freight & Logistics–0.60%** | **Air Freight & Logistics–0.60%** |
| GXO Logistics, Inc., | GXO Logistics, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 05/06/2029 |  | 94000 | &nbsp;&nbsp; 96287 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/06/2034 |  | 108000 | &nbsp;&nbsp; 110490 |
| United Parcel Service, Inc., | United Parcel Service, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.65%, 10/15/2030 |  | 125000 | &nbsp;&nbsp; 125499 |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/22/2034 |  | 102000 | &nbsp;&nbsp; 103006 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/14/2035 |  | 118000 | &nbsp;&nbsp; 117968 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/22/2054 |  | 176000 | &nbsp;&nbsp; 166081 |
| &nbsp;&nbsp;&nbsp; 5.95%, 05/14/2055 |  | 171000 | &nbsp;&nbsp; 170296 |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/22/2064 |  | 80000 | &nbsp;&nbsp; 74511 |
| &nbsp;&nbsp;&nbsp; 6.05%, 05/14/2065 |  | 148000 | &nbsp;&nbsp; 147220 |
|  |  |  | &nbsp;&nbsp; 1111358 |
| **Alternative Carriers–0.06%** | **Alternative Carriers–0.06%** | **Alternative Carriers–0.06%** | **Alternative Carriers–0.06%** |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., 10.00%, <br> 10/15/2032<sup>(b)</sup> <br>|  | 18000 | &nbsp;&nbsp; 18483 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC/Windstream <br> Escrow Finance Corp., 8.25%, <br> 10/01/2031<sup>(b)</sup> <br>|  | 88000 | &nbsp;&nbsp; 91650 |
|  |  |  | &nbsp;&nbsp; 110133 |
| **Application Software–0.42%** | **Application Software–0.42%** | **Application Software–0.42%** | **Application Software–0.42%** |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc., 4.70%, <br> 09/10/2034<br>|  | 50000 | &nbsp;&nbsp; 48636 |
| &nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp., <br> 4.88%, 07/01/2029<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 94428 |
| Cloud Software Group, Inc., | Cloud Software Group, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/31/2029<sup>(b)</sup> <br>|  | 65000 | &nbsp;&nbsp; 64981 |
| &nbsp;&nbsp;&nbsp; 8.25%, 06/30/2032<sup>(b)</sup> <br>|  | 26000 | &nbsp;&nbsp; 27365 |
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp., 6.00%, <br> 05/15/2033<sup>(b)</sup> <br>|  | 153000 | &nbsp;&nbsp; 153094 |
| Intuit, Inc., 5.20%, 09/15/2033 |  | 154000 | &nbsp;&nbsp; 157581 |
| SS&C Technologies, Inc., | SS&C Technologies, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/30/2027<sup>(b)</sup> <br>|  | 99000 | &nbsp;&nbsp; 98951 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/2032<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 79121 |
| Synopsys, Inc., 5.70%, 04/01/2055 |  | 49000 | &nbsp;&nbsp; 46812 |
|  |  |  | &nbsp;&nbsp; 770969 |
| **Asset Management & Custody Banks–1.93%** | **Asset Management & Custody Banks–1.93%** | **Asset Management & Custody Banks–1.93%** | **Asset Management & Custody Banks–1.93%** |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group, Inc., <br> 5.50%, 08/20/2034<br>|  | 289000 | &nbsp;&nbsp; 284114 |
| Ameriprise Financial, Inc., | Ameriprise Financial, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 12/15/2028 |  | 92000 | &nbsp;&nbsp; 95906 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/13/2032 |  | 34000 | &nbsp;&nbsp; 33337 |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/15/2033 |  | 176000 | &nbsp;&nbsp; 177602 |
| &nbsp;&nbsp;&nbsp; 5.20%, 04/15/2035 |  | 294000 | &nbsp;&nbsp; 291542 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Asset Management & Custody Banks–(continued)** | **Asset Management & Custody Banks–(continued)** | **Asset Management & Custody Banks–(continued)** | **Asset Management & Custody Banks–(continued)** |
| Ares Capital Corp., | Ares Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/2029 |  | $4000 | &nbsp;&nbsp; $4055 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/2030 |  | 276000 | &nbsp;&nbsp; 273910 |
| &nbsp;&nbsp;&nbsp; 5.80%, 03/08/2032 |  | 3000 | &nbsp;&nbsp; 2958 |
| Ares Strategic Income Fund, | Ares Strategic Income Fund, |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 03/15/2028 |  | 143000 | &nbsp;&nbsp; 143271 |
| &nbsp;&nbsp;&nbsp; 6.20%, 03/21/2032 |  | 4000 | &nbsp;&nbsp; 3971 |
| Bank of New York Mellon Corp. (The), | Bank of New York Mellon Corp. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 4.89%, 07/21/2028<sup>(c)</sup> <br>|  | 5000 | &nbsp;&nbsp; 5054 |
| &nbsp;&nbsp;&nbsp; 4.54%, 02/01/2029<sup>(c)</sup> <br>|  | 61000 | &nbsp;&nbsp; 61246 |
| &nbsp;&nbsp;&nbsp; 5.06%, 07/22/2032<sup>(c)</sup> <br>|  | 112000 | &nbsp;&nbsp; 113248 |
| &nbsp;&nbsp;&nbsp; 5.83%, 10/25/2033<sup>(c)</sup> <br>|  | 80000 | &nbsp;&nbsp; 83750 |
| &nbsp;&nbsp;&nbsp; Series J, 4.97%, 04/26/2034<sup>(c)</sup> <br>|  | 84000 | &nbsp;&nbsp; 83149 |
| BlackRock, Inc., 4.75%, 05/25/2033 |  | 161000 | &nbsp;&nbsp; 161308 |
| Blackstone Secured Lending Fund, | Blackstone Secured Lending Fund, |  |  |
| &nbsp;&nbsp;&nbsp; 2.13%, 02/15/2027 |  | 150000 | &nbsp;&nbsp; 142644 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/15/2027 |  | 78000 | &nbsp;&nbsp; 79347 |
| &nbsp;&nbsp;&nbsp; Brookfield Asset Management Ltd. <br> (Canada), 5.80%, 04/24/2035<br>|  | 249000 | &nbsp;&nbsp; 252320 |
| &nbsp;&nbsp;&nbsp; Carlyle Holdings II Finance LLC, 5.63%, <br> 03/30/2043<sup>(b)</sup> <br>|  | 15000 | &nbsp;&nbsp; 14023 |
| Citadel L.P., | Citadel L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/23/2030<sup>(b)</sup> <br>|  | 20000 | &nbsp;&nbsp; 20482 |
| &nbsp;&nbsp;&nbsp; 6.38%, 01/23/2032<sup>(b)</sup> <br>|  | 45000 | &nbsp;&nbsp; 46494 |
| State Street Corp., | State Street Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.29% (SOFR + 0.95%), <br> 04/24/2028<sup>(d)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2011 |
| &nbsp;&nbsp;&nbsp; 4.73%, 02/28/2030 |  | 256000 | &nbsp;&nbsp; 257653 |
| &nbsp;&nbsp;&nbsp; 4.83%, 04/24/2030 |  | 155000 | &nbsp;&nbsp; 156375 |
| &nbsp;&nbsp;&nbsp; 6.12%, 11/21/2034<sup>(c)</sup> <br>|  | 136000 | &nbsp;&nbsp; 142209 |
| &nbsp;&nbsp;&nbsp; 5.15%, 02/28/2036<sup>(c)</sup> <br>|  | 296000 | &nbsp;&nbsp; 294478 |
| &nbsp;&nbsp;&nbsp; 6.45%<sup>(c)(e)</sup> <br>|  | 331000 | &nbsp;&nbsp; 330769 |
|  |  |  | &nbsp;&nbsp; 3557226 |
| **Automobile Manufacturers–1.36%** | **Automobile Manufacturers–1.36%** | **Automobile Manufacturers–1.36%** | **Automobile Manufacturers–1.36%** |
| Allison Transmission, Inc., | Allison Transmission, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/2027<sup>(b)</sup> <br>|  | 6000 | &nbsp;&nbsp; 5903 |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/30/2031<sup>(b)</sup> <br>|  | 408000 | &nbsp;&nbsp; 370685 |
| Ford Motor Credit Co. LLC, | Ford Motor Credit Co. LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 06/10/2026 |  | 335000 | &nbsp;&nbsp; 338897 |
| &nbsp;&nbsp;&nbsp; 7.35%, 11/04/2027 |  | 7000 | &nbsp;&nbsp; 7207 |
| &nbsp;&nbsp;&nbsp; 5.92%, 03/20/2028 |  | 200000 | &nbsp;&nbsp; 200460 |
| &nbsp;&nbsp;&nbsp; 7.20%, 06/10/2030 |  | 135000 | &nbsp;&nbsp; 140197 |
| Hyundai Capital America, | Hyundai Capital America, |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/30/2026<sup>(b)</sup> <br>|  | 48000 | &nbsp;&nbsp; 48268 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/07/2028<sup>(b)</sup> <br>|  | 246000 | &nbsp;&nbsp; 246322 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/30/2028<sup>(b)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4074 |
| &nbsp;&nbsp;&nbsp; 5.35%, 03/19/2029<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2020 |
| &nbsp;&nbsp;&nbsp; 5.30%, 01/08/2030<sup>(b)</sup> <br>|  | 106000 | &nbsp;&nbsp; 107314 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Finance North America LLC <br> (Germany), | &nbsp;&nbsp;&nbsp; Mercedes-Benz Finance North America LLC <br> (Germany), |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/11/2034<sup>(b)</sup> <br>|  | 150000 | &nbsp;&nbsp; 146754 |
| &nbsp;&nbsp;&nbsp; 5.13%, 08/01/2034<sup>(b)</sup> <br>|  | 214000 | &nbsp;&nbsp; 210549 |
| Toyota Motor Credit Corp., | Toyota Motor Credit Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.55%, 08/09/2029 |  | 3000 | &nbsp;&nbsp; 3008 |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/09/2035 |  | 112000 | &nbsp;&nbsp; 113266 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC <br> (Germany), | &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC <br> (Germany), |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/22/2029<sup>(b)</sup> <br>|  | 255000 | &nbsp;&nbsp; 256529 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/22/2034<sup>(b)</sup> <br>|  | 300000 | &nbsp;&nbsp; 296710 |
|  |  |  | &nbsp;&nbsp; 2498163 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Automotive Parts & Equipment–0.86%** | **Automotive Parts & Equipment–0.86%** | **Automotive Parts & Equipment–0.86%** | **Automotive Parts & Equipment–0.86%** |
| &nbsp;&nbsp;&nbsp; Clarios Global L.P./Clarios US Finance <br> Co., 6.75%, 02/15/2030<sup>(b)</sup> <br>|  | $168000 | &nbsp;&nbsp; $171235 |
| &nbsp;&nbsp;&nbsp; Cougar JV Subsidiary LLC, 8.00%, <br> 05/15/2032<sup>(b)</sup> <br>|  | 88000 | &nbsp;&nbsp; 92522 |
| ERAC USA Finance LLC, | ERAC USA Finance LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.60%, 05/01/2028<sup>(b)</sup> <br>|  | 71000 | &nbsp;&nbsp; 71441 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/2029<sup>(b)</sup> <br>|  | 61000 | &nbsp;&nbsp; 62102 |
| &nbsp;&nbsp;&nbsp; 4.90%, 05/01/2033<sup>(b)</sup> <br>|  | 169000 | &nbsp;&nbsp; 166936 |
| &nbsp;&nbsp;&nbsp; Forvia SE (France), 8.00%, <br> 06/15/2030<sup>(b)</sup> <br>|  | 68000 | &nbsp;&nbsp; 69168 |
| &nbsp;&nbsp;&nbsp; Magna International, Inc. (Canada), <br> 5.88%, 06/01/2035<br>|  | 38000 | &nbsp;&nbsp; 38305 |
| &nbsp;&nbsp;&nbsp; NESCO Holdings II, Inc., 5.50%, <br> 04/15/2029<sup>(b)</sup> <br>|  | 144000 | &nbsp;&nbsp; 135783 |
| PHINIA, Inc., | PHINIA, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/2029<sup>(b)</sup> <br>|  | 40000 | &nbsp;&nbsp; 40934 |
| &nbsp;&nbsp;&nbsp; 6.63%, 10/15/2032<sup>(b)</sup> <br>|  | 52000 | &nbsp;&nbsp; 51742 |
| ZF North America Capital, Inc. (Germany), | ZF North America Capital, Inc. (Germany), |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/14/2028<sup>(b)</sup> <br>|  | 189000 | &nbsp;&nbsp; 187475 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/14/2030<sup>(b)</sup> <br>|  | 168000 | &nbsp;&nbsp; 162125 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/23/2030<sup>(b)</sup> <br>|  | 106000 | &nbsp;&nbsp; 100772 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/23/2032<sup>(b)</sup> <br>|  | 247000 | &nbsp;&nbsp; 226777 |
|  |  |  | &nbsp;&nbsp; 1577317 |
| **Automotive Retail–0.59%** | **Automotive Retail–0.59%** | **Automotive Retail–0.59%** | **Automotive Retail–0.59%** |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts, Inc., 5.95%, <br> 03/09/2028<br>|  | 73000 | &nbsp;&nbsp; 74273 |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group, Inc., <br> 4.63%, 11/15/2029<sup>(b)</sup> <br>|  | 71000 | &nbsp;&nbsp; 67557 |
| AutoZone, Inc., | AutoZone, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 08/01/2032 |  | 58000 | &nbsp;&nbsp; 56878 |
| &nbsp;&nbsp;&nbsp; 5.20%, 08/01/2033 |  | 97000 | &nbsp;&nbsp; 97282 |
| &nbsp;&nbsp;&nbsp; Carvana Co., 14.00% PIK Rate, 9.00% <br> Cash Rate, 06/01/2031<sup>(b)(f)</sup> <br>|  | 84000 | &nbsp;&nbsp; 97491 |
| Group 1 Automotive, Inc., | Group 1 Automotive, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/2028<sup>(b)</sup> <br>|  | 98000 | &nbsp;&nbsp; 93992 |
| &nbsp;&nbsp;&nbsp; 6.38%, 01/15/2030<sup>(b)</sup> <br>|  | 92000 | &nbsp;&nbsp; 93865 |
| LCM Investments Holdings II LLC, | LCM Investments Holdings II LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/2029<sup>(b)</sup> <br>|  | 49000 | &nbsp;&nbsp; 47242 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/2031<sup>(b)</sup> <br>|  | 88000 | &nbsp;&nbsp; 93372 |
| Lithia Motors, Inc., | Lithia Motors, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/2027<sup>(b)</sup> <br>|  | 94000 | &nbsp;&nbsp; 92792 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/2031<sup>(b)</sup> <br>|  | 101000 | &nbsp;&nbsp; 94729 |
| &nbsp;&nbsp;&nbsp; O'Reilly Automotive, Inc., 5.00%, <br> 08/19/2034<br>|  | 179000 | &nbsp;&nbsp; 174789 |
|  |  |  | &nbsp;&nbsp; 1084262 |
| **Biotechnology–0.37%** | **Biotechnology–0.37%** | **Biotechnology–0.37%** | **Biotechnology–0.37%** |
| AbbVie, Inc., 5.50%, 03/15/2064 |  | 155000 | &nbsp;&nbsp; 147134 |
| Amgen, Inc., | Amgen, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/02/2030 |  | 30000 | &nbsp;&nbsp; 30767 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/02/2063 |  | 328000 | &nbsp;&nbsp; 310325 |
| Gilead Sciences, Inc., | Gilead Sciences, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/15/2033 |  | 130000 | &nbsp;&nbsp; 132422 |
| &nbsp;&nbsp;&nbsp; 5.55%, 10/15/2053 |  | 58000 | &nbsp;&nbsp; 55654 |
|  |  |  | &nbsp;&nbsp; 676302 |
| **Broadcasting–0.12%** | **Broadcasting–0.12%** | **Broadcasting–0.12%** | **Broadcasting–0.12%** |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc., 10.50%, <br> 07/15/2029<sup>(b)</sup> <br>|  | 17000 | &nbsp;&nbsp; 18094 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Broadcasting–(continued)** | **Broadcasting–(continued)** | **Broadcasting–(continued)** | **Broadcasting–(continued)** |
| Paramount Global, | Paramount Global, |  |  |
| &nbsp;&nbsp;&nbsp; 5.85%, 09/01/2043 |  | $74000 | &nbsp;&nbsp; $63436 |
| &nbsp;&nbsp;&nbsp; 4.95%, 05/19/2050 |  | 74000 | &nbsp;&nbsp; 55805 |
| Univision Communications, Inc., | Univision Communications, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/01/2027<sup>(b)</sup> <br>|  | 73000 | &nbsp;&nbsp; 73047 |
| &nbsp;&nbsp;&nbsp; 7.38%, 06/30/2030<sup>(b)</sup> <br>|  | 19000 | &nbsp;&nbsp; 17775 |
|  |  |  | &nbsp;&nbsp; 228157 |
| **Broadline Retail–0.19%** | **Broadline Retail–0.19%** | **Broadline Retail–0.19%** | **Broadline Retail–0.19%** |
| &nbsp;&nbsp;&nbsp; El Puerto de Liverpool S.A.B. de C.V. <br> (Mexico), 6.66%, 01/22/2037<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 201629 |
| Kohl's Corp., | Kohl's Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 10.00%, 06/01/2030<sup>(b)</sup> <br>|  | 8000 | &nbsp;&nbsp; 8223 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/2031 |  | 59000 | &nbsp;&nbsp; 37823 |
| Macy's Retail Holdings LLC, | Macy's Retail Holdings LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/15/2032<sup>(b)</sup> <br>|  | 7000 | &nbsp;&nbsp; 6495 |
| &nbsp;&nbsp;&nbsp; 6.70%, 07/15/2034<sup>(b)</sup> <br>|  | 104000 | &nbsp;&nbsp; 88026 |
|  |  |  | &nbsp;&nbsp; 342196 |
| **Building Products–0.28%** | **Building Products–0.28%** | **Building Products–0.28%** | **Building Products–0.28%** |
| &nbsp;&nbsp;&nbsp; Carrier Global Corp., 5.90%, <br> 03/15/2034<br>|  | 28000 | &nbsp;&nbsp; 29428 |
| Holcim Finance US LLC (Switzerland), | Holcim Finance US LLC (Switzerland), |  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 04/07/2028<sup>(b)</sup> <br>|  | 169000 | &nbsp;&nbsp; 169914 |
| &nbsp;&nbsp;&nbsp; 4.95%, 04/07/2030<sup>(b)</sup> <br>|  | 44000 | &nbsp;&nbsp; 44307 |
| &nbsp;&nbsp;&nbsp; 5.40%, 04/07/2035<sup>(b)</sup> <br>|  | 184000 | &nbsp;&nbsp; 183416 |
| &nbsp;&nbsp;&nbsp; Lennox International, Inc., 5.50%, <br> 09/15/2028<br>|  | 85000 | &nbsp;&nbsp; 87324 |
|  |  |  | &nbsp;&nbsp; 514389 |
| **Cable & Satellite–1.09%** | **Cable & Satellite–1.09%** | **Cable & Satellite–1.09%** | **Cable & Satellite–1.09%** |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital <br> Corp., | &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital <br> Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/2027<sup>(b)</sup> <br>|  | 122000 | &nbsp;&nbsp; 120818 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/01/2029<sup>(b)</sup> <br>|  | 58000 | &nbsp;&nbsp; 57235 |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/01/2029<sup>(b)</sup> <br>|  | 66000 | &nbsp;&nbsp; 66936 |
| &nbsp;&nbsp;&nbsp; 7.38%, 03/01/2031<sup>(b)</sup> <br>|  | 110000 | &nbsp;&nbsp; 113919 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/2032<sup>(b)</sup> <br>|  | 38000 | &nbsp;&nbsp; 35202 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/2032 |  | 169000 | &nbsp;&nbsp; 153937 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/2034<sup>(b)</sup> <br>|  | 110000 | &nbsp;&nbsp; 95033 |
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC/<br> Charter Communications Operating <br> Capital Corp., | &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC/<br> Charter Communications Operating <br> Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.65%, 02/01/2034 |  | 208000 | &nbsp;&nbsp; 218729 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/2048 |  | 119000 | &nbsp;&nbsp; 104494 |
| Comcast Corp., | Comcast Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/15/2032 |  | 160000 | &nbsp;&nbsp; 165911 |
| &nbsp;&nbsp;&nbsp; 6.05%, 05/15/2055 |  | 367000 | &nbsp;&nbsp; 366510 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., | &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/15/2027<sup>(b)</sup> <br>|  | 47000 | &nbsp;&nbsp; 46296 |
| &nbsp;&nbsp;&nbsp; 10.00%, 02/15/2031<sup>(b)</sup> <br>|  | 47000 | &nbsp;&nbsp; 45779 |
| &nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc., 8.13%, <br> 02/15/2033<sup>(b)</sup> <br>|  | 18000 | &nbsp;&nbsp; 18025 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC, 5.00%, <br> 08/01/2027<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 92096 |
| &nbsp;&nbsp;&nbsp; Sunrise FinCo I B.V. (Netherlands), <br> 4.63%, 05/15/2032<sup>(b)</sup> <br>|  | 100000 | &nbsp;&nbsp; 114680 |
| &nbsp;&nbsp;&nbsp; Virgin Media Secured Finance PLC <br> (United Kingdom), 5.50%, <br> 05/15/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 194694 |
|  |  |  | &nbsp;&nbsp; 2010294 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Cargo Ground Transportation–0.12%** | **Cargo Ground Transportation–0.12%** | **Cargo Ground Transportation–0.12%** | **Cargo Ground Transportation–0.12%** |
| &nbsp;&nbsp;&nbsp; Penske Truck Leasing Co. L.P./PTL Finance <br> Corp., | &nbsp;&nbsp;&nbsp; Penske Truck Leasing Co. L.P./PTL Finance <br> Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/24/2026<sup>(b)</sup> <br>|  | $14000 | &nbsp;&nbsp; $14122 |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/12/2027<sup>(b)</sup> <br>|  | 5000 | &nbsp;&nbsp; 5041 |
| &nbsp;&nbsp;&nbsp; 4.40%, 07/01/2027<sup>(b)</sup> <br>|  | 15000 | &nbsp;&nbsp; 14920 |
| &nbsp;&nbsp;&nbsp; 5.70%, 02/01/2028<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 54304 |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/01/2028<sup>(b)</sup> <br>|  | 72000 | &nbsp;&nbsp; 73604 |
| &nbsp;&nbsp;&nbsp; Ryder System, Inc., 4.90%, <br> 12/01/2029<br>|  | 53000 | &nbsp;&nbsp; 53069 |
|  |  |  | &nbsp;&nbsp; 215060 |
| **Casinos & Gaming–0.15%** | **Casinos & Gaming–0.15%** | **Casinos & Gaming–0.15%** | **Casinos & Gaming–0.15%** |
| &nbsp;&nbsp;&nbsp; Studio City Finance Ltd. (Macau), <br> 5.00%, 01/15/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 180860 |
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., 7.00%, <br> 02/15/2029<sup>(b)</sup> <br>|  | 91000 | &nbsp;&nbsp; 91700 |
|  |  |  | &nbsp;&nbsp; 272560 |
| **Commercial & Residential Mortgage Finance–0.43%** | **Commercial & Residential Mortgage Finance–0.43%** | **Commercial & Residential Mortgage Finance–0.43%** | **Commercial & Residential Mortgage Finance–0.43%** |
| Aviation Capital Group LLC, | Aviation Capital Group LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 11/01/2027<sup>(b)</sup> <br>|  | 12000 | &nbsp;&nbsp; 11618 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/2028<sup>(b)</sup> <br>|  | 7000 | &nbsp;&nbsp; 7242 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/25/2028<sup>(b)</sup> <br>|  | 104000 | &nbsp;&nbsp; 109902 |
| Nationstar Mortgage Holdings, Inc., | Nationstar Mortgage Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/01/2029<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 91732 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/01/2032<sup>(b)</sup> <br>|  | 87000 | &nbsp;&nbsp; 90657 |
| &nbsp;&nbsp;&nbsp; Nationwide Building Society (United <br> Kingdom), 6.56%, <br> 10/18/2027<sup>(b)(c)</sup> <br>|  | 242000 | &nbsp;&nbsp; 247882 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, Inc., <br> 4.25%, 02/15/2029<sup>(b)</sup> <br>|  | 49000 | &nbsp;&nbsp; 46555 |
| &nbsp;&nbsp;&nbsp; Radian Group, Inc., 6.20%, <br> 05/15/2029<br>|  | 71000 | &nbsp;&nbsp; 73123 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer, Inc., 2.88%, <br> 10/15/2026<sup>(b)</sup> <br>|  | 24000 | &nbsp;&nbsp; 23258 |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop, Inc., 6.63%, <br> 04/01/2033<sup>(b)</sup> <br>|  | 91000 | &nbsp;&nbsp; 92228 |
|  |  |  | &nbsp;&nbsp; 794197 |
| **Commodity Chemicals–0.12%** | **Commodity Chemicals–0.12%** | **Commodity Chemicals–0.12%** | **Commodity Chemicals–0.12%** |
| &nbsp;&nbsp;&nbsp; Cerdia Finanz GmbH (Germany), <br> 9.38%, 10/03/2031<sup>(b)</sup> <br>|  | 215000 | &nbsp;&nbsp; 221455 |
| **Computer & Electronics Retail–0.31%** | **Computer & Electronics Retail–0.31%** | **Computer & Electronics Retail–0.31%** | **Computer & Electronics Retail–0.31%** |
| Dell International LLC/EMC Corp., | Dell International LLC/EMC Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.02%, 06/15/2026 |  | 84000 | &nbsp;&nbsp; 84793 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/01/2035 |  | 412000 | &nbsp;&nbsp; 406790 |
| Leidos, Inc., 5.75%, 03/15/2033 |  | 82000 | &nbsp;&nbsp; 84287 |
|  |  |  | &nbsp;&nbsp; 575870 |
| **Construction Machinery & Heavy Transportation Equipment–**<br> **0.75%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.75%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.75%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.75%** |
| Caterpillar, Inc., | Caterpillar, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 05/15/2035 |  | 120000 | &nbsp;&nbsp; 120476 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/2055 |  | 27000 | &nbsp;&nbsp; 26359 |
| Cummins, Inc., | Cummins, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.70%, 02/15/2031 |  | 411000 | &nbsp;&nbsp; 409725 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/09/2035 |  | 349000 | &nbsp;&nbsp; 348709 |
| &nbsp;&nbsp;&nbsp; Northriver Midstream Finance L.P. <br> (Canada), 6.75%, 07/15/2032<sup>(b)</sup> <br>|  | 135000 | &nbsp;&nbsp; 136345 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Construction Machinery & Heavy Transportation Equipment–**<br> **(continued)** | **Construction Machinery & Heavy Transportation Equipment–**<br> **(continued)** | **Construction Machinery & Heavy Transportation Equipment–**<br> **(continued)** | **Construction Machinery & Heavy Transportation Equipment–**<br> **(continued)** |
| Westinghouse Air Brake Technologies Corp., | Westinghouse Air Brake Technologies Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 05/29/2030 |  | $108000 | &nbsp;&nbsp; $108630 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/29/2035 |  | 223000 | &nbsp;&nbsp; 223551 |
|  |  |  | &nbsp;&nbsp; 1373795 |
| **Consumer Electronics–0.06%** | **Consumer Electronics–0.06%** | **Consumer Electronics–0.06%** | **Consumer Electronics–0.06%** |
| &nbsp;&nbsp;&nbsp; LG Electronics, Inc. (South Korea), <br> 5.63%, 04/24/2029<sup>(b)</sup> <br>|  | 100000 | &nbsp;&nbsp; 102411 |
| **Consumer Finance–1.24%** | **Consumer Finance–1.24%** | **Consumer Finance–1.24%** | **Consumer Finance–1.24%** |
| American Express Co., | American Express Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 04/23/2027<sup>(c)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4037 |
| &nbsp;&nbsp;&nbsp; 4.73%, 04/25/2029<sup>(c)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4023 |
| &nbsp;&nbsp;&nbsp; 5.60% (SOFR + 1.26%), <br> 04/25/2029<sup>(d)</sup> <br>|  | 251000 | &nbsp;&nbsp; 252832 |
| &nbsp;&nbsp;&nbsp; 5.53%, 04/25/2030<sup>(c)</sup> <br>|  | 126000 | &nbsp;&nbsp; 130229 |
| &nbsp;&nbsp;&nbsp; 5.02%, 04/25/2031<sup>(c)</sup> <br>|  | 352000 | &nbsp;&nbsp; 356087 |
| &nbsp;&nbsp;&nbsp; 5.44%, 01/30/2036<sup>(c)</sup> <br>|  | 174000 | &nbsp;&nbsp; 175214 |
| &nbsp;&nbsp;&nbsp; 5.67%, 04/25/2036<sup>(c)</sup> <br>|  | 234000 | &nbsp;&nbsp; 239021 |
| &nbsp;&nbsp;&nbsp; Capital One Financial Corp., 7.15%, <br> 10/29/2027<sup>(c)</sup> <br>|  | 57000 | &nbsp;&nbsp; 58822 |
| EZCORP, Inc., 7.38%, 04/01/2032<sup>(b)</sup> <br>|  | 177000 | &nbsp;&nbsp; 184124 |
| FirstCash, Inc., | FirstCash, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/01/2030<sup>(b)</sup> <br>|  | 46000 | &nbsp;&nbsp; 45715 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/01/2032<sup>(b)</sup> <br>|  | 380000 | &nbsp;&nbsp; 389978 |
| Navient Corp., 5.00%, 03/15/2027 |  | 100000 | &nbsp;&nbsp; 99046 |
| OneMain Finance Corp., | OneMain Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/2029 |  | 57000 | &nbsp;&nbsp; 57707 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/2030 |  | 26000 | &nbsp;&nbsp; 23419 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/2032 |  | 45000 | &nbsp;&nbsp; 44784 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/15/2032 |  | 209000 | &nbsp;&nbsp; 210562 |
|  |  |  | &nbsp;&nbsp; 2275600 |
| **Consumer Staples Merchandise Retail–0.26%** | **Consumer Staples Merchandise Retail–0.26%** | **Consumer Staples Merchandise Retail–0.26%** | **Consumer Staples Merchandise Retail–0.26%** |
| Dollar General Corp., | Dollar General Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 11/01/2032 |  | 29000 | &nbsp;&nbsp; 28535 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/01/2052 |  | 103000 | &nbsp;&nbsp; 91341 |
| Target Corp., 5.00%, 04/15/2035 |  | 186000 | &nbsp;&nbsp; 182907 |
| Walmart, Inc., | Walmart, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 04/28/2030 |  | 99000 | &nbsp;&nbsp; 99395 |
| &nbsp;&nbsp;&nbsp; 4.90%, 04/28/2035 |  | 4000 | &nbsp;&nbsp; 4002 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/09/2052 |  | 85000 | &nbsp;&nbsp; 73126 |
|  |  |  | &nbsp;&nbsp; 479306 |
| **Copper–0.01%** | **Copper–0.01%** | **Copper–0.01%** | **Copper–0.01%** |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan, Inc., 4.38%, <br> 08/01/2028<br>|  | 13000 | &nbsp;&nbsp; 12881 |
| **Data Processing & Outsourced Services–0.06%** | **Data Processing & Outsourced Services–0.06%** | **Data Processing & Outsourced Services–0.06%** | **Data Processing & Outsourced Services–0.06%** |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments <br> Finance Sub, Inc., 5.50%, <br> 05/15/2033<sup>(b)</sup> <br>|  | 100000 | &nbsp;&nbsp; 116800 |
| **Distillers & Vintners–0.04%** | **Distillers & Vintners–0.04%** | **Distillers & Vintners–0.04%** | **Distillers & Vintners–0.04%** |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp., 4.75%, <br> 04/15/2033<br>|  | 27000 | &nbsp;&nbsp; 26738 |
| Constellation Brands, Inc., | Constellation Brands, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 05/01/2030 |  | 24000 | &nbsp;&nbsp; 23987 |
| &nbsp;&nbsp;&nbsp; 4.90%, 05/01/2033 |  | 21000 | &nbsp;&nbsp; 20565 |
|  |  |  | &nbsp;&nbsp; 71290 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Distributors–0.27%** | **Distributors–0.27%** | **Distributors–0.27%** | **Distributors–0.27%** |
| Genuine Parts Co., | Genuine Parts Co., |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 11/01/2028 |  | $184000 | &nbsp;&nbsp; $194624 |
| &nbsp;&nbsp;&nbsp; 4.95%, 08/15/2029 |  | 121000 | &nbsp;&nbsp; 122128 |
| &nbsp;&nbsp;&nbsp; 6.88%, 11/01/2033 |  | 169000 | &nbsp;&nbsp; 185227 |
|  |  |  | &nbsp;&nbsp; 501979 |
| **Diversified Banks–16.15%** | **Diversified Banks–16.15%** | **Diversified Banks–16.15%** | **Diversified Banks–16.15%** |
| Africa Finance Corp. (Supranational), | Africa Finance Corp. (Supranational), |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/17/2026<sup>(b)</sup> <br>|  | 1080000 | &nbsp;&nbsp; 1068529 |
| &nbsp;&nbsp;&nbsp; 7.50%<sup>(b)(c)(e)</sup> <br>|  | 310000 | &nbsp;&nbsp; 303683 |
| &nbsp;&nbsp;&nbsp; Australia and New Zealand Banking Group <br> Ltd. (Australia), | &nbsp;&nbsp;&nbsp; Australia and New Zealand Banking Group <br> Ltd. (Australia), |  |  |
| &nbsp;&nbsp;&nbsp; 6.74%, 12/08/2032<sup>(b)</sup> <br>|  | 333000 | &nbsp;&nbsp; 358566 |
| &nbsp;&nbsp;&nbsp; 5.20%, 09/30/2035<sup>(b)(c)</sup> <br>|  | 680000 | &nbsp;&nbsp; 660344 |
| &nbsp;&nbsp;&nbsp; 6.75%<sup>(b)(c)(e)</sup> <br>|  | 784000 | &nbsp;&nbsp; 791145 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria S.A. <br> (Spain), 9.38%<sup>(c)(e)</sup> <br>|  | 14000 | &nbsp;&nbsp; 15401 |
| Banco Santander S.A. (Spain), | Banco Santander S.A. (Spain), |  |  |
| &nbsp;&nbsp;&nbsp; 5.55%, 03/14/2028<sup>(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202468 |
| &nbsp;&nbsp;&nbsp; 8.00%<sup>(c)(e)</sup> <br>|  | 190476 | &nbsp;&nbsp; 199459 |
| &nbsp;&nbsp;&nbsp; 9.63%<sup>(c)(e)</sup> <br>|  | 200000 | &nbsp;&nbsp; 220669 |
| &nbsp;&nbsp;&nbsp; 9.63%<sup>(c)(e)</sup> <br>|  | 200000 | &nbsp;&nbsp; 230458 |
| Bank of America Corp., | Bank of America Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.17% (SOFR + 0.83%), <br> 01/24/2029<sup>(d)</sup> <br>|  | 4000 | &nbsp;&nbsp; 3994 |
| &nbsp;&nbsp;&nbsp; 4.62%, 05/09/2029<sup>(c)</sup> <br>|  | 196000 | &nbsp;&nbsp; 195986 |
| &nbsp;&nbsp;&nbsp; 5.16%, 01/24/2031<sup>(c)</sup> <br>|  | 59000 | &nbsp;&nbsp; 59892 |
| &nbsp;&nbsp;&nbsp; 5.35% (SOFR + 1.01%), <br> 01/24/2031<sup>(d)</sup> <br>|  | 116000 | &nbsp;&nbsp; 114958 |
| &nbsp;&nbsp;&nbsp; 5.43%, 08/15/2035<sup>(c)</sup> <br>|  | 224000 | &nbsp;&nbsp; 219565 |
| &nbsp;&nbsp;&nbsp; 5.51%, 01/24/2036<sup>(c)</sup> <br>|  | 315000 | &nbsp;&nbsp; 317607 |
| &nbsp;&nbsp;&nbsp; 5.46%, 05/09/2036<sup>(c)</sup> <br>|  | 301000 | &nbsp;&nbsp; 303111 |
| &nbsp;&nbsp;&nbsp; 7.75%, 05/14/2038 |  | 650000 | &nbsp;&nbsp; 761348 |
| &nbsp;&nbsp;&nbsp; 2.68%, 06/19/2041<sup>(c)</sup> <br>|  | 17000 | &nbsp;&nbsp; 11861 |
| &nbsp;&nbsp;&nbsp; 6.63%<sup>(c)(e)</sup> <br>|  | 229000 | &nbsp;&nbsp; 233202 |
| &nbsp;&nbsp;&nbsp; Series DD, 6.30%<sup>(c)(e)</sup> <br>|  | 131000 | &nbsp;&nbsp; 132329 |
| Bank of Montreal (Canada), | Bank of Montreal (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 7.70%, 05/26/2084<sup>(c)</sup> <br>|  | 456000 | &nbsp;&nbsp; 471478 |
| &nbsp;&nbsp;&nbsp; 7.30%, 11/26/2084<sup>(c)</sup> <br>|  | 250000 | &nbsp;&nbsp; 250574 |
| &nbsp;&nbsp;&nbsp; Bank of New Zealand (New Zealand), <br> 5.70%, 01/28/2035<sup>(b)(c)</sup> <br>|  | 256000 | &nbsp;&nbsp; 259461 |
| Bank of Nova Scotia (The) (Canada), | Bank of Nova Scotia (The) (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 8.63%, 10/27/2082<sup>(c)</sup> <br>|  | 429000 | &nbsp;&nbsp; 453034 |
| &nbsp;&nbsp;&nbsp; 8.00%, 01/27/2084<sup>(c)</sup> <br>|  | 235000 | &nbsp;&nbsp; 248175 |
| &nbsp;&nbsp;&nbsp; Barclays PLC (United Kingdom), <br> 5.37%, 02/25/2031<sup>(c)</sup> <br>|  | 209000 | &nbsp;&nbsp; 210890 |
| BNP Paribas S.A. (France), | BNP Paribas S.A. (France), |  |  |
| &nbsp;&nbsp;&nbsp; 4.79%, 05/09/2029<sup>(b)(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 199722 |
| &nbsp;&nbsp;&nbsp; 5.79% (SOFR + 1.43%), <br> 05/09/2029<sup>(b)(d)</sup> <br>|  | 417000 | &nbsp;&nbsp; 420180 |
| &nbsp;&nbsp;&nbsp; 5.09%, 05/09/2031<sup>(b)(c)</sup> <br>|  | 400000 | &nbsp;&nbsp; 400390 |
| BPCE S.A. (France), | BPCE S.A. (France), |  |  |
| &nbsp;&nbsp;&nbsp; 6.29%, 01/14/2036<sup>(b)(c)</sup> <br>|  | 250000 | &nbsp;&nbsp; 259639 |
| &nbsp;&nbsp;&nbsp; 6.92%, 01/14/2046<sup>(b)(c)</sup> <br>|  | 271000 | &nbsp;&nbsp; 277439 |
| &nbsp;&nbsp;&nbsp; Canadian Imperial Bank of Commerce <br> (Canada), 6.95%, 01/28/2085<sup>(c)</sup> <br>|  | 412000 | &nbsp;&nbsp; 409972 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** |
| Citigroup, Inc., | Citigroup, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.48% (SOFR + 1.14%), <br> 05/07/2028<sup>(d)</sup> <br>|  | $370000 | &nbsp;&nbsp; $370950 |
| &nbsp;&nbsp;&nbsp; 5.17%, 02/13/2030<sup>(c)</sup> <br>|  | 63000 | &nbsp;&nbsp; 63827 |
| &nbsp;&nbsp;&nbsp; 4.54%, 09/19/2030<sup>(c)</sup> <br>|  | 165000 | &nbsp;&nbsp; 163024 |
| &nbsp;&nbsp;&nbsp; 4.95%, 05/07/2031<sup>(c)</sup> <br>|  | 407000 | &nbsp;&nbsp; 406834 |
| &nbsp;&nbsp;&nbsp; 5.80% (SOFR + 1.46%), <br> 05/07/2031<sup>(d)</sup> <br>|  | 9000 | &nbsp;&nbsp; 9045 |
| &nbsp;&nbsp;&nbsp; 2.57%, 06/03/2031<sup>(c)</sup> <br>|  | 17000 | &nbsp;&nbsp; 15234 |
| &nbsp;&nbsp;&nbsp; 6.17%, 05/25/2034<sup>(c)</sup> <br>|  | 207000 | &nbsp;&nbsp; 212182 |
| &nbsp;&nbsp;&nbsp; 5.83%, 02/13/2035<sup>(c)</sup> <br>|  | 249000 | &nbsp;&nbsp; 248452 |
| &nbsp;&nbsp;&nbsp; 5.41%, 09/19/2039<sup>(c)</sup> <br>|  | 227000 | &nbsp;&nbsp; 216737 |
| &nbsp;&nbsp;&nbsp; 5.61%, 03/04/2056<sup>(c)</sup> <br>|  | 433000 | &nbsp;&nbsp; 412821 |
| &nbsp;&nbsp;&nbsp; Series AA, 7.63%<sup>(c)(e)</sup> <br>|  | 206000 | &nbsp;&nbsp; 215389 |
| &nbsp;&nbsp;&nbsp; Series BB, 7.20%<sup>(c)(e)</sup> <br>|  | 143000 | &nbsp;&nbsp; 147562 |
| &nbsp;&nbsp;&nbsp; Series DD, 7.00%<sup>(c)(e)</sup> <br>|  | 166000 | &nbsp;&nbsp; 170788 |
| &nbsp;&nbsp;&nbsp; Series W, 4.00%<sup>(c)(e)</sup> <br>|  | 147000 | &nbsp;&nbsp; 145863 |
| &nbsp;&nbsp;&nbsp; Comerica, Inc., 5.98%, <br> 01/30/2030<sup>(c)</sup> <br>|  | 33000 | &nbsp;&nbsp; 33549 |
| &nbsp;&nbsp;&nbsp; Corporacion Financiera de Desarrollo <br> S.A. (Peru), 5.95%, 04/30/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 205069 |
| &nbsp;&nbsp;&nbsp; Credit Agricole S.A. (France), 5.22%, <br> 05/27/2031<sup>(b)(c)</sup> <br>|  | 250000 | &nbsp;&nbsp; 252283 |
| Fifth Third Bancorp, | Fifth Third Bancorp, |  |  |
| &nbsp;&nbsp;&nbsp; 6.34%, 07/27/2029<sup>(c)</sup> <br>|  | 13000 | &nbsp;&nbsp; 13601 |
| &nbsp;&nbsp;&nbsp; 4.77%, 07/28/2030<sup>(c)</sup> <br>|  | 65000 | &nbsp;&nbsp; 64803 |
| &nbsp;&nbsp;&nbsp; 4.34%, 04/25/2033<sup>(c)</sup> <br>|  | 52000 | &nbsp;&nbsp; 48776 |
| HSBC Holdings PLC (United Kingdom), | HSBC Holdings PLC (United Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 5.29%, 11/19/2030<sup>(c)</sup> <br>|  | 290000 | &nbsp;&nbsp; 292987 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/03/2031<sup>(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200583 |
| &nbsp;&nbsp;&nbsp; 5.24%, 05/13/2031<sup>(c)</sup> <br>|  | 253000 | &nbsp;&nbsp; 254207 |
| &nbsp;&nbsp;&nbsp; 5.91% (SOFR + 1.57%), <br> 05/13/2031<sup>(d)</sup> <br>|  | 458000 | &nbsp;&nbsp; 460290 |
| &nbsp;&nbsp;&nbsp; 7.40%, 11/13/2034<sup>(c)</sup> <br>|  | 305000 | &nbsp;&nbsp; 336075 |
| &nbsp;&nbsp;&nbsp; 5.79%, 05/13/2036<sup>(c)</sup> <br>|  | 282000 | &nbsp;&nbsp; 284075 |
| &nbsp;&nbsp;&nbsp; 6.88%<sup>(c)(e)</sup> <br>|  | 216000 | &nbsp;&nbsp; 217905 |
| &nbsp;&nbsp;&nbsp; 6.95%<sup>(c)(e)</sup> <br>|  | 200000 | &nbsp;&nbsp; 199289 |
| &nbsp;&nbsp;&nbsp; 7.05%<sup>(c)(e)</sup> <br>|  | 249000 | &nbsp;&nbsp; 249645 |
| &nbsp;&nbsp;&nbsp; ING Groep N.V. (Netherlands), 5.34%, <br> 03/19/2030<sup>(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203938 |
| JPMorgan Chase & Co., | JPMorgan Chase & Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.57%, 04/22/2028<sup>(c)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4075 |
| &nbsp;&nbsp;&nbsp; 4.32%, 04/26/2028<sup>(c)</sup> <br>|  | 4000 | &nbsp;&nbsp; 3984 |
| &nbsp;&nbsp;&nbsp; 4.85%, 07/25/2028<sup>(c)</sup> <br>|  | 61000 | &nbsp;&nbsp; 61320 |
| &nbsp;&nbsp;&nbsp; 4.92%, 01/24/2029<sup>(c)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2018 |
| &nbsp;&nbsp;&nbsp; 5.30%, 07/24/2029<sup>(c)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4082 |
| &nbsp;&nbsp;&nbsp; 5.01%, 01/23/2030<sup>(c)</sup> <br>|  | 63000 | &nbsp;&nbsp; 63763 |
| &nbsp;&nbsp;&nbsp; 5.58%, 04/22/2030<sup>(c)</sup> <br>|  | 80000 | &nbsp;&nbsp; 82603 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/22/2030<sup>(c)</sup> <br>|  | 142000 | &nbsp;&nbsp; 143360 |
| &nbsp;&nbsp;&nbsp; 4.60%, 10/22/2030<sup>(c)</sup> <br>|  | 153000 | &nbsp;&nbsp; 152139 |
| &nbsp;&nbsp;&nbsp; 5.14%, 01/24/2031<sup>(c)</sup> <br>|  | 126000 | &nbsp;&nbsp; 127995 |
| &nbsp;&nbsp;&nbsp; 5.10%, 04/22/2031<sup>(c)</sup> <br>|  | 188000 | &nbsp;&nbsp; 190774 |
| &nbsp;&nbsp;&nbsp; 4.59%, 04/26/2033<sup>(c)</sup> <br>|  | 71000 | &nbsp;&nbsp; 69240 |
| &nbsp;&nbsp;&nbsp; 5.72%, 09/14/2033<sup>(c)</sup> <br>|  | 184000 | &nbsp;&nbsp; 189282 |
| &nbsp;&nbsp;&nbsp; 5.34%, 01/23/2035<sup>(c)</sup> <br>|  | 78000 | &nbsp;&nbsp; 78509 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/24/2036<sup>(c)</sup> <br>|  | 177000 | &nbsp;&nbsp; 179166 |
| &nbsp;&nbsp;&nbsp; 5.57%, 04/22/2036<sup>(c)</sup> <br>|  | 174000 | &nbsp;&nbsp; 177098 |
| &nbsp;&nbsp;&nbsp; 5.53%, 11/29/2045<sup>(c)</sup> <br>|  | 209000 | &nbsp;&nbsp; 204811 |
| &nbsp;&nbsp;&nbsp; Series W, 5.59% (3 mo. Term SOFR <br> + 1.26%), 05/15/2047<sup>(d)</sup> <br>|  | 244000 | &nbsp;&nbsp; 214429 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** |
| &nbsp;&nbsp;&nbsp; Series NN, 6.88%<sup>(c)(e)</sup> <br>|  | $127000 | &nbsp;&nbsp; $132739 |
| &nbsp;&nbsp;&nbsp; Series OO, 6.50%<sup>(c)(e)</sup> <br>|  | 690000 | &nbsp;&nbsp; 701067 |
| KeyBank N.A., 5.85%, 11/15/2027 |  | 269000 | &nbsp;&nbsp; 275997 |
| KeyCorp, 2.55%, 10/01/2029 |  | 27000 | &nbsp;&nbsp; 24618 |
| Mitsubishi UFJ Financial Group, Inc. (Japan), | Mitsubishi UFJ Financial Group, Inc. (Japan), |  |  |
| &nbsp;&nbsp;&nbsp; 5.26%, 04/17/2030<sup>(c)</sup> <br>|  | 344000 | &nbsp;&nbsp; 350524 |
| &nbsp;&nbsp;&nbsp; 5.16%, 04/24/2031<sup>(c)</sup> <br>|  | 206000 | &nbsp;&nbsp; 208931 |
| &nbsp;&nbsp;&nbsp; 5.82% (SOFR + 1.48%), <br> 04/24/2031<sup>(d)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203470 |
| &nbsp;&nbsp;&nbsp; 5.41%, 04/19/2034<sup>(c)</sup> <br>|  | 205000 | &nbsp;&nbsp; 207674 |
| &nbsp;&nbsp;&nbsp; 5.43%, 04/17/2035<sup>(c)</sup> <br>|  | 364000 | &nbsp;&nbsp; 365944 |
| &nbsp;&nbsp;&nbsp; 5.57%, 01/16/2036<sup>(c)</sup> <br>|  | 287000 | &nbsp;&nbsp; 291474 |
| &nbsp;&nbsp;&nbsp; 5.62%, 04/24/2036<sup>(c)</sup> <br>|  | 469000 | &nbsp;&nbsp; 476563 |
| &nbsp;&nbsp;&nbsp; 8.20%<sup>(c)(e)</sup> <br>|  | 222000 | &nbsp;&nbsp; 239917 |
| Mizuho Financial Group, Inc. (Japan), | Mizuho Financial Group, Inc. (Japan), |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 07/10/2030<sup>(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 204175 |
| &nbsp;&nbsp;&nbsp; 5.59%, 07/10/2035<sup>(c)</sup> <br>|  | 325000 | &nbsp;&nbsp; 329543 |
| Morgan Stanley Bank N.A., | Morgan Stanley Bank N.A., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/30/2026 |  | 10000 | &nbsp;&nbsp; 10202 |
| &nbsp;&nbsp;&nbsp; 5.02%, 01/12/2029<sup>(c)</sup> <br>|  | 167000 | &nbsp;&nbsp; 168724 |
| &nbsp;&nbsp;&nbsp; National Australia Bank Ltd. (Australia), <br> 5.90%, 01/14/2036<sup>(b)(c)</sup> <br>|  | 494000 | &nbsp;&nbsp; 499788 |
| &nbsp;&nbsp;&nbsp; National Securities Clearing Corp., <br> 5.10%, 11/21/2027<sup>(b)</sup> <br>|  | 335000 | &nbsp;&nbsp; 341860 |
| &nbsp;&nbsp;&nbsp; Nordea Bank Abp (Finland), <br> 6.30%<sup>(b)(c)(e)</sup> <br>|  | 200000 | &nbsp;&nbsp; 193820 |
| PNC Financial Services Group, Inc. (The), | PNC Financial Services Group, Inc. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 5.58%, 06/12/2029<sup>(c)</sup> <br>|  | 115000 | &nbsp;&nbsp; 118353 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/06/2033<sup>(c)</sup> <br>|  | 7000 | &nbsp;&nbsp; 6655 |
| &nbsp;&nbsp;&nbsp; 5.07%, 01/24/2034<sup>(c)</sup> <br>|  | 95000 | &nbsp;&nbsp; 93898 |
| Royal Bank of Canada (Canada), | Royal Bank of Canada (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 02/01/2029 |  | 3000 | &nbsp;&nbsp; 3055 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/02/2084<sup>(c)</sup> <br>|  | 414000 | &nbsp;&nbsp; 431426 |
| Standard Chartered PLC (United Kingdom), | Standard Chartered PLC (United Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/08/2028<sup>(b)(c)</sup> <br>|  | 109000 | &nbsp;&nbsp; 112219 |
| &nbsp;&nbsp;&nbsp; 5.01%, 10/15/2030<sup>(b)(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 199938 |
| &nbsp;&nbsp;&nbsp; 5.24%, 05/13/2031<sup>(b)(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200652 |
| &nbsp;&nbsp;&nbsp; 6.02% (SOFR + 1.68%), <br> 05/13/2031<sup>(b)(d)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202214 |
| &nbsp;&nbsp;&nbsp; 7.75%<sup>(b)(c)(e)</sup> <br>|  | 194000 | &nbsp;&nbsp; 200409 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. <br> (Japan), 6.60%<sup>(c)(e)</sup> <br>|  | 165000 | &nbsp;&nbsp; 163047 |
| Sumitomo Mitsui Trust Bank Ltd. (Japan), | Sumitomo Mitsui Trust Bank Ltd. (Japan), |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/07/2029<sup>(b)</sup> <br>|  | 206000 | &nbsp;&nbsp; 210076 |
| &nbsp;&nbsp;&nbsp; 5.35%, 03/07/2034<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 201966 |
| Synovus Bank, 5.63%, 02/15/2028 |  | 896000 | &nbsp;&nbsp; 899690 |
| Toronto-Dominion Bank (The) (Canada), | Toronto-Dominion Bank (The) (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 4.78%, 12/17/2029 |  | 4000 | &nbsp;&nbsp; 4017 |
| &nbsp;&nbsp;&nbsp; 8.13%, 10/31/2082<sup>(c)</sup> <br>|  | 349000 | &nbsp;&nbsp; 366391 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/31/2084<sup>(c)</sup> <br>|  | 315000 | &nbsp;&nbsp; 322598 |
| U.S. Bancorp, 5.78%, 06/12/2029<sup>(c)</sup> <br>|  | 93000 | &nbsp;&nbsp; 96027 |
| &nbsp;&nbsp;&nbsp; UBS AG (Switzerland), 5.65%, <br> 09/11/2028<br>|  | 6000 | &nbsp;&nbsp; 6226 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** | **Diversified Banks–(continued)** |
| Wells Fargo & Co., | Wells Fargo & Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.71%, 04/22/2028<sup>(c)</sup> <br>|  | $4000 | &nbsp;&nbsp; $4075 |
| &nbsp;&nbsp;&nbsp; 5.71% (SOFR + 1.37%), <br> 04/23/2029<sup>(d)</sup> <br>|  | 206000 | &nbsp;&nbsp; 207415 |
| &nbsp;&nbsp;&nbsp; 5.57%, 07/25/2029<sup>(c)</sup> <br>|  | 64000 | &nbsp;&nbsp; 65667 |
| &nbsp;&nbsp;&nbsp; 5.20%, 01/23/2030<sup>(c)</sup> <br>|  | 73000 | &nbsp;&nbsp; 74208 |
| &nbsp;&nbsp;&nbsp; 5.15%, 04/23/2031<sup>(c)</sup> <br>|  | 338000 | &nbsp;&nbsp; 342156 |
| &nbsp;&nbsp;&nbsp; 5.39%, 04/24/2034<sup>(c)</sup> <br>|  | 69000 | &nbsp;&nbsp; 69317 |
| &nbsp;&nbsp;&nbsp; 5.56%, 07/25/2034<sup>(c)</sup> <br>|  | 40000 | &nbsp;&nbsp; 40525 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/23/2035<sup>(c)</sup> <br>|  | 135000 | &nbsp;&nbsp; 135812 |
| &nbsp;&nbsp;&nbsp; 5.61%, 04/23/2036<sup>(c)</sup> <br>|  | 453000 | &nbsp;&nbsp; 458464 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/02/2043 |  | 503000 | &nbsp;&nbsp; 463965 |
| &nbsp;&nbsp;&nbsp; 6.85%<sup>(c)(e)</sup> <br>|  | 151000 | &nbsp;&nbsp; 155568 |
| &nbsp;&nbsp;&nbsp; 7.63%<sup>(c)(e)</sup> <br>|  | 116000 | &nbsp;&nbsp; 123858 |
| Westpac Banking Corp. (Australia), | Westpac Banking Corp. (Australia), |  |  |
| &nbsp;&nbsp;&nbsp; 5.41%, 08/10/2033<sup>(c)</sup> <br>|  | 14000 | &nbsp;&nbsp; 13980 |
| &nbsp;&nbsp;&nbsp; 5.62%, 11/20/2035<sup>(c)</sup> <br>|  | 158000 | &nbsp;&nbsp; 156904 |
|  |  |  | &nbsp;&nbsp; 29707761 |
| **Diversified Capital Markets–0.95%** | **Diversified Capital Markets–0.95%** | **Diversified Capital Markets–0.95%** | **Diversified Capital Markets–0.95%** |
| &nbsp;&nbsp;&nbsp; Amazon Conservation DAC (Ecuador), <br> 6.03%, 01/16/2042<sup>(b)</sup> <br>|  | 305000 | &nbsp;&nbsp; 300058 |
| Credit Suisse Group AG (Switzerland), | Credit Suisse Group AG (Switzerland), |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%<sup>(b)(c)(e)(g)(h)</sup> <br>|  | 268000 | &nbsp;&nbsp; 16080 |
| &nbsp;&nbsp;&nbsp; 5.25%<sup>(b)(c)(e)(g)(h)</sup> <br>|  | 248000 | &nbsp;&nbsp; 14880 |
| &nbsp;&nbsp;&nbsp; Deutsche Bank AG (Germany), 5.30%, <br> 05/09/2031<sup>(c)</sup> <br>|  | 174000 | &nbsp;&nbsp; 174282 |
| &nbsp;&nbsp;&nbsp; Sixth Street Lending Partners, 6.13%, <br> 07/15/2030<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2022 |
| UBS Group AG (Switzerland), | UBS Group AG (Switzerland), |  |  |
| &nbsp;&nbsp;&nbsp; 5.71%, 01/12/2027<sup>(b)(c)</sup> <br>|  | 256000 | &nbsp;&nbsp; 257369 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/12/2028<sup>(b)(c)</sup> <br>|  | 303000 | &nbsp;&nbsp; 303470 |
| &nbsp;&nbsp;&nbsp; 5.58%, 05/09/2036<sup>(b)(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200212 |
| &nbsp;&nbsp;&nbsp; 4.38%<sup>(b)(c)(e)</sup> <br>|  | 258000 | &nbsp;&nbsp; 226775 |
| &nbsp;&nbsp;&nbsp; 7.13%<sup>(b)(c)(e)</sup> <br>|  | 250000 | &nbsp;&nbsp; 245932 |
|  |  |  | &nbsp;&nbsp; 1741080 |
| **Diversified Financial Services–2.56%** | **Diversified Financial Services–2.56%** | **Diversified Financial Services–2.56%** | **Diversified Financial Services–2.56%** |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust (Ireland), | &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust (Ireland), |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 03/10/2055<sup>(c)</sup> <br>|  | 150000 | &nbsp;&nbsp; 153958 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/31/2056<sup>(c)</sup> <br>|  | 280000 | &nbsp;&nbsp; 276690 |
| &nbsp;&nbsp;&nbsp; Apollo Debt Solutions BDC, 6.55%, <br> 03/15/2032<sup>(b)</sup> <br>|  | 3000 | &nbsp;&nbsp; 3032 |
| &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc., <br> 6.38%, 11/15/2033<br>|  | 126000 | &nbsp;&nbsp; 135286 |
| Avolon Holdings Funding Ltd. (Ireland), | Avolon Holdings Funding Ltd. (Ireland), |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 01/15/2028<sup>(b)</sup> <br>|  | 133000 | &nbsp;&nbsp; 132680 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/04/2028<sup>(b)</sup> <br>|  | 124000 | &nbsp;&nbsp; 128401 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/2029<sup>(b)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4074 |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/2029<sup>(b)</sup> <br>|  | 4000 | &nbsp;&nbsp; 4070 |
| &nbsp;&nbsp;&nbsp; 5.15%, 01/15/2030<sup>(b)</sup> <br>|  | 5000 | &nbsp;&nbsp; 4985 |
| &nbsp;&nbsp;&nbsp; BlackRock Funding, Inc., 4.90%, <br> 01/08/2035<br>|  | 66000 | &nbsp;&nbsp; 65791 |
| Corebridge Financial, Inc., | Corebridge Financial, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.05%, 09/15/2033 |  | 142000 | &nbsp;&nbsp; 147304 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/2034 |  | 155000 | &nbsp;&nbsp; 157958 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings LLC, <br> 8.38%, 04/01/2032<sup>(b)</sup> <br>|  | 46000 | &nbsp;&nbsp; 45467 |
| &nbsp;&nbsp;&nbsp; GGAM Finance Ltd. (Ireland), 6.88%, <br> 04/15/2029<sup>(b)</sup> <br>|  | 178000 | &nbsp;&nbsp; 181772 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Diversified Financial Services–(continued)** | **Diversified Financial Services–(continued)** | **Diversified Financial Services–(continued)** | **Diversified Financial Services–(continued)** |
| &nbsp;&nbsp;&nbsp; Horizon Mutual Holdings, Inc., 6.20%, <br> 11/15/2034<sup>(b)</sup> <br>|  | $646000 | &nbsp;&nbsp; $626670 |
| &nbsp;&nbsp;&nbsp; Jackson Financial, Inc., 5.67%, <br> 06/08/2032<br>|  | 15000 | &nbsp;&nbsp; 14999 |
| Jane Street Group/JSG Finance, Inc., | Jane Street Group/JSG Finance, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/15/2029<sup>(b)</sup> <br>|  | 143000 | &nbsp;&nbsp; 137851 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/30/2031<sup>(b)</sup> <br>|  | 74000 | &nbsp;&nbsp; 77351 |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/01/2032<sup>(b)</sup> <br>|  | 305000 | &nbsp;&nbsp; 305720 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/2033<sup>(b)</sup> <br>|  | 216000 | &nbsp;&nbsp; 221661 |
| Jefferson Capital Holdings LLC, | Jefferson Capital Holdings LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/15/2029<sup>(b)</sup> <br>|  | 163000 | &nbsp;&nbsp; 173195 |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/2030<sup>(b)</sup> <br>|  | 242000 | &nbsp;&nbsp; 247895 |
| LPL Holdings, Inc., | LPL Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/20/2027 |  | 105000 | &nbsp;&nbsp; 106788 |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/15/2030 |  | 253000 | &nbsp;&nbsp; 254254 |
| &nbsp;&nbsp;&nbsp; 5.15%, 06/15/2030 |  | 154000 | &nbsp;&nbsp; 154407 |
| &nbsp;&nbsp;&nbsp; 5.65%, 03/15/2035 |  | 328000 | &nbsp;&nbsp; 323640 |
| &nbsp;&nbsp;&nbsp; 5.75%, 06/15/2035 |  | 143000 | &nbsp;&nbsp; 142090 |
| &nbsp;&nbsp;&nbsp; Macquarie Airfinance Holdings Ltd. (United <br> Kingdom), | &nbsp;&nbsp;&nbsp; Macquarie Airfinance Holdings Ltd. (United <br> Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 6.40%, 03/26/2029<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2069 |
| &nbsp;&nbsp;&nbsp; 5.15%, 03/17/2030<sup>(b)</sup> <br>|  | 4000 | &nbsp;&nbsp; 3943 |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/26/2031<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 2080 |
| &nbsp;&nbsp;&nbsp; OPEC Fund for International <br> Development (The) (Supranational), <br> 4.50%, 01/26/2026<sup>(b)</sup> <br>|  | 345000 | &nbsp;&nbsp; 344921 |
| &nbsp;&nbsp;&nbsp; Provident Funding Associates L.P./PFG <br> Finance Corp., 9.75%, <br> 09/15/2029<sup>(b)</sup> <br>|  | 129000 | &nbsp;&nbsp; 134384 |
|  |  |  | &nbsp;&nbsp; 4715386 |
| **Diversified Metals & Mining–1.11%** | **Diversified Metals & Mining–1.11%** | **Diversified Metals & Mining–1.11%** | **Diversified Metals & Mining–1.11%** |
| BHP Billiton Finance (USA) Ltd. (Australia), | BHP Billiton Finance (USA) Ltd. (Australia), |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 09/08/2028 |  | 125000 | &nbsp;&nbsp; 127712 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/08/2030 |  | 92000 | &nbsp;&nbsp; 94605 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/08/2033 |  | 243000 | &nbsp;&nbsp; 245151 |
| Glencore Funding LLC (Australia), | Glencore Funding LLC (Australia), |  |  |
| &nbsp;&nbsp;&nbsp; 4.91%, 04/01/2028<sup>(b)</sup> <br>|  | 71000 | &nbsp;&nbsp; 71361 |
| &nbsp;&nbsp;&nbsp; 5.37%, 04/04/2029<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 58067 |
| &nbsp;&nbsp;&nbsp; 5.19%, 04/01/2030<sup>(b)</sup> <br>|  | 118000 | &nbsp;&nbsp; 119418 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/04/2034<sup>(b)</sup> <br>|  | 158000 | &nbsp;&nbsp; 158972 |
| &nbsp;&nbsp;&nbsp; 5.67%, 04/01/2035<sup>(b)</sup> <br>|  | 180000 | &nbsp;&nbsp; 180553 |
| &nbsp;&nbsp;&nbsp; 5.89%, 04/04/2054<sup>(b)</sup> <br>|  | 58000 | &nbsp;&nbsp; 55372 |
| &nbsp;&nbsp;&nbsp; 6.14%, 04/01/2055<sup>(b)</sup> <br>|  | 70000 | &nbsp;&nbsp; 68678 |
| &nbsp;&nbsp;&nbsp; Hudbay Minerals, Inc. (Canada), <br> 6.13%, 04/01/2029<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 93306 |
| Rio Tinto Finance (USA) PLC (Australia), | Rio Tinto Finance (USA) PLC (Australia), |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/14/2030 |  | 143000 | &nbsp;&nbsp; 144654 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/14/2032 |  | 119000 | &nbsp;&nbsp; 119533 |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/14/2035 |  | 128000 | &nbsp;&nbsp; 127665 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/14/2055 |  | 114000 | &nbsp;&nbsp; 110929 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/14/2065 |  | 73000 | &nbsp;&nbsp; 71157 |
| &nbsp;&nbsp;&nbsp; Windfall Mining Group, Inc. (South <br> Africa), 5.85%, 05/13/2032<sup>(b)</sup> <br>|  | 201000 | &nbsp;&nbsp; 200978 |
|  |  |  | &nbsp;&nbsp; 2048111 |
| **Diversified REITs–0.10%** | **Diversified REITs–0.10%** | **Diversified REITs–0.10%** | **Diversified REITs–0.10%** |
| CubeSmart L.P., 2.50%, 02/15/2032 |  | 16000 | &nbsp;&nbsp; 13560 |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management <br> Services, Inc., 5.00%, <br> 07/15/2032<sup>(b)</sup> <br>|  | 101000 | &nbsp;&nbsp; 95655 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Diversified REITs–(continued)** | **Diversified REITs–(continued)** | **Diversified REITs–(continued)** | **Diversified REITs–(continued)** |
| &nbsp;&nbsp;&nbsp; Uniti Group L.P./Uniti Group Finance <br> 2019, Inc./CSL Capital LLC, <br> 10.50%, 02/15/2028<sup>(b)</sup> <br>|  | $79000 | &nbsp;&nbsp; $83859 |
|  |  |  | &nbsp;&nbsp; 193074 |
| **Diversified Support Services–0.42%** | **Diversified Support Services–0.42%** | **Diversified Support Services–0.42%** | **Diversified Support Services–0.42%** |
| Element Fleet Management Corp. (Canada), | Element Fleet Management Corp. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 6.32%, 12/04/2028<sup>(b)</sup> <br>|  | 80000 | &nbsp;&nbsp; 83965 |
| &nbsp;&nbsp;&nbsp; 5.04%, 03/25/2030<sup>(b)</sup> <br>|  | 208000 | &nbsp;&nbsp; 207161 |
| RB Global Holdings, Inc. (Canada), | RB Global Holdings, Inc. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/2028<sup>(b)</sup> <br>|  | 180000 | &nbsp;&nbsp; 184060 |
| &nbsp;&nbsp;&nbsp; 7.75%, 03/15/2031<sup>(b)</sup> <br>|  | 235000 | &nbsp;&nbsp; 246292 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, 11.00%, <br> 12/15/2029<sup>(b)</sup> <br>|  | 99000 | &nbsp;&nbsp; 44798 |
|  |  |  | &nbsp;&nbsp; 766276 |
| **Drug Retail–0.94%** | **Drug Retail–0.94%** | **Drug Retail–0.94%** | **Drug Retail–0.94%** |
| &nbsp;&nbsp;&nbsp; CK Hutchison International (23) Ltd. (United <br> Kingdom), | &nbsp;&nbsp;&nbsp; CK Hutchison International (23) Ltd. (United <br> Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/21/2028<sup>(b)</sup> <br>|  | 331000 | &nbsp;&nbsp; 332050 |
| &nbsp;&nbsp;&nbsp; 4.88%, 04/21/2033<sup>(b)</sup> <br>|  | 302000 | &nbsp;&nbsp; 296786 |
| CVS Pass-Through Trust, | CVS Pass-Through Trust, |  |  |
| &nbsp;&nbsp;&nbsp; 6.04%, 12/10/2028 |  | 341897 | &nbsp;&nbsp; 345777 |
| &nbsp;&nbsp;&nbsp; 5.77%, 01/10/2033<sup>(b)</sup> <br>|  | 741744 | &nbsp;&nbsp; 734930 |
| Walgreens Boots Alliance, Inc., | Walgreens Boots Alliance, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 11/18/2044 |  | 10000 | &nbsp;&nbsp; 9244 |
| &nbsp;&nbsp;&nbsp; 4.10%, 04/15/2050 |  | 11000 | &nbsp;&nbsp; 9356 |
|  |  |  | &nbsp;&nbsp; 1728143 |
| **Electric Utilities–5.37%** | **Electric Utilities–5.37%** | **Electric Utilities–5.37%** | **Electric Utilities–5.37%** |
| &nbsp;&nbsp;&nbsp; AEP Transmission Co. LLC, 5.38%, <br> 06/15/2035<br>|  | 34000 | &nbsp;&nbsp; 34173 |
| Alabama Power Co., | Alabama Power Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.85%, 11/15/2033 |  | 33000 | &nbsp;&nbsp; 34719 |
| &nbsp;&nbsp;&nbsp; 5.10%, 04/02/2035 |  | 37000 | &nbsp;&nbsp; 36751 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc., <br> 5.20%, 01/15/2029<br>|  | 66000 | &nbsp;&nbsp; 67284 |
| &nbsp;&nbsp;&nbsp; Baltimore Gas and Electric Co., 5.45%, <br> 06/01/2035<br>|  | 97000 | &nbsp;&nbsp; 97689 |
| &nbsp;&nbsp;&nbsp; Brookfield Infrastructure Finance ULC <br> (Canada), 6.75%, 03/15/2055<sup>(c)</sup> <br>|  | 92000 | &nbsp;&nbsp; 91139 |
| Capital Power (US Holdings), Inc. (Canada), | Capital Power (US Holdings), Inc. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 5.26%, 06/01/2028<sup>(b)</sup> <br>|  | 74000 | &nbsp;&nbsp; 74484 |
| &nbsp;&nbsp;&nbsp; 6.19%, 06/01/2035<sup>(b)</sup> <br>|  | 245000 | &nbsp;&nbsp; 247017 |
| CenterPoint Energy Houston Electric LLC, | CenterPoint Energy Houston Electric LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 10/01/2028 |  | 38000 | &nbsp;&nbsp; 38926 |
| &nbsp;&nbsp;&nbsp; 4.80%, 03/15/2030 |  | 133000 | &nbsp;&nbsp; 134373 |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/01/2035 |  | 71000 | &nbsp;&nbsp; 69907 |
| &nbsp;&nbsp;&nbsp; Series AJ, 4.85%, 10/01/2052 |  | 174000 | &nbsp;&nbsp; 150694 |
| &nbsp;&nbsp;&nbsp; Chile Electricity Lux MPC II S.a.r.l. <br> (Chile), 5.58%, 10/20/2035<sup>(b)</sup> <br>|  | 108503 | &nbsp;&nbsp; 107949 |
| &nbsp;&nbsp;&nbsp; Commonwealth Edison Co., 5.95%, <br> 06/01/2055<br>|  | 71000 | &nbsp;&nbsp; 71171 |
| &nbsp;&nbsp;&nbsp; Connecticut Light and Power Co. (The), <br> 5.25%, 01/15/2053<br>|  | 68000 | &nbsp;&nbsp; 62379 |
| Consolidated Edison Co. of New York, Inc., | Consolidated Edison Co. of New York, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/15/2034 |  | 3000 | &nbsp;&nbsp; 3083 |
| &nbsp;&nbsp;&nbsp; 6.15%, 11/15/2052 |  | 32000 | &nbsp;&nbsp; 32809 |
| &nbsp;&nbsp;&nbsp; 5.90%, 11/15/2053 |  | 101000 | &nbsp;&nbsp; 100476 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** |
| Constellation Energy Generation LLC, | Constellation Energy Generation LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 01/15/2034 |  | $46000 | &nbsp;&nbsp; $48589 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/2053 |  | 43000 | &nbsp;&nbsp; 45075 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/15/2054 |  | 108000 | &nbsp;&nbsp; 103000 |
| Duke Energy Carolinas LLC, | Duke Energy Carolinas LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/2035 |  | 198000 | &nbsp;&nbsp; 199032 |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/15/2053 |  | 130000 | &nbsp;&nbsp; 120284 |
| Duke Energy Corp., | Duke Energy Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/08/2027 |  | 27000 | &nbsp;&nbsp; 27332 |
| &nbsp;&nbsp;&nbsp; 4.85%, 01/05/2029 |  | 65000 | &nbsp;&nbsp; 65700 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/2052 |  | 126000 | &nbsp;&nbsp; 106517 |
| &nbsp;&nbsp;&nbsp; 6.45%, 09/01/2054<sup>(c)</sup> <br>|  | 93000 | &nbsp;&nbsp; 94180 |
| Duke Energy Indiana LLC, | Duke Energy Indiana LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 04/01/2053 |  | 89000 | &nbsp;&nbsp; 82232 |
| &nbsp;&nbsp;&nbsp; 5.90%, 05/15/2055 |  | 52000 | &nbsp;&nbsp; 51521 |
| &nbsp;&nbsp;&nbsp; Electricite de France S.A. (France), <br> 6.38%, 01/13/2055<sup>(b)</sup> <br>|  | 202000 | &nbsp;&nbsp; 199035 |
| &nbsp;&nbsp;&nbsp; Enel Finance International N.V. (Italy), <br> 7.05%, 10/14/2025<sup>(b)</sup> <br>|  | 212000 | &nbsp;&nbsp; 213488 |
| Entergy Corp., 7.13%, 12/01/2054<sup>(c)</sup> <br>|  | 167000 | &nbsp;&nbsp; 171155 |
| Entergy Louisiana LLC, | Entergy Louisiana LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.15%, 09/15/2034 |  | 91000 | &nbsp;&nbsp; 90069 |
| &nbsp;&nbsp;&nbsp; 5.80%, 03/15/2055 |  | 103000 | &nbsp;&nbsp; 99958 |
| Entergy Texas, Inc., | Entergy Texas, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/2035 |  | 130000 | &nbsp;&nbsp; 129760 |
| &nbsp;&nbsp;&nbsp; 5.55%, 09/15/2054 |  | 73000 | &nbsp;&nbsp; 67677 |
| &nbsp;&nbsp;&nbsp; Evergy Metro, Inc., 4.95%, <br> 04/15/2033<br>|  | 45000 | &nbsp;&nbsp; 44291 |
| Exelon Corp., | Exelon Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/15/2031 |  | 250000 | &nbsp;&nbsp; 253354 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/15/2053 |  | 140000 | &nbsp;&nbsp; 130243 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/2055 |  | 219000 | &nbsp;&nbsp; 211744 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Pennsylvania Electric Co., <br> 5.20%, 04/01/2028<sup>(b)</sup> <br>|  | 15000 | &nbsp;&nbsp; 15250 |
| FirstEnergy Transmission LLC, | FirstEnergy Transmission LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.55%, 01/15/2030 |  | 66000 | &nbsp;&nbsp; 65420 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/2035 |  | 72000 | &nbsp;&nbsp; 70234 |
| &nbsp;&nbsp;&nbsp; Florida Power & Light Co., 5.80%, <br> 03/15/2065<br>|  | 68000 | &nbsp;&nbsp; 66941 |
| Georgia Power Co., | Georgia Power Co., |  |  |
| &nbsp;&nbsp;&nbsp; 4.65%, 05/16/2028 |  | 37000 | &nbsp;&nbsp; 37352 |
| &nbsp;&nbsp;&nbsp; 4.95%, 05/17/2033 |  | 78000 | &nbsp;&nbsp; 77442 |
| MidAmerican Energy Co., | MidAmerican Energy Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/15/2034 |  | 29000 | &nbsp;&nbsp; 29747 |
| &nbsp;&nbsp;&nbsp; 5.85%, 09/15/2054 |  | 66000 | &nbsp;&nbsp; 65824 |
| &nbsp;&nbsp;&nbsp; 5.30%, 02/01/2055 |  | 91000 | &nbsp;&nbsp; 83544 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance <br> Corp., | &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance <br> Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 02/07/2029 |  | 5000 | &nbsp;&nbsp; 5055 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/07/2031 |  | 106000 | &nbsp;&nbsp; 107617 |
| &nbsp;&nbsp;&nbsp; 5.80%, 01/15/2033 |  | 68000 | &nbsp;&nbsp; 71065 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/2034 |  | 171000 | &nbsp;&nbsp; 168537 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/15/2053<sup>(c)</sup> <br>|  | 480000 | &nbsp;&nbsp; 497284 |
| NextEra Energy Capital Holdings, Inc., | NextEra Energy Capital Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 07/15/2027 |  | 113000 | &nbsp;&nbsp; 113363 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/2032 |  | 35000 | &nbsp;&nbsp; 34941 |
| &nbsp;&nbsp;&nbsp; 5.45%, 03/15/2035 |  | 252000 | &nbsp;&nbsp; 251964 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/2054<sup>(c)</sup> <br>|  | 70000 | &nbsp;&nbsp; 71747 |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/15/2055<sup>(c)</sup> <br>|  | 82000 | &nbsp;&nbsp; 82307 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** |
| Northern States Power Co., | Northern States Power Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.05%, 05/15/2035 |  | $183000 | &nbsp;&nbsp; $182597 |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/15/2055 |  | 77000 | &nbsp;&nbsp; 74744 |
| &nbsp;&nbsp;&nbsp; Oglethorpe Power Corp. (An Electric <br> Membership Corp.), 5.90%, <br> 02/01/2055<br>|  | 43000 | &nbsp;&nbsp; 41473 |
| Ohio Power Co., 5.65%, 06/01/2034 |  | 106000 | &nbsp;&nbsp; 107013 |
| &nbsp;&nbsp;&nbsp; Oklahoma Gas and Electric Co., 5.60%, <br> 04/01/2053<br>|  | 324000 | &nbsp;&nbsp; 308235 |
| Oncor Electric Delivery Co. LLC, | Oncor Electric Delivery Co. LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 11/15/2033 |  | 93000 | &nbsp;&nbsp; 96454 |
| &nbsp;&nbsp;&nbsp; 5.80%, 04/01/2055<sup>(b)</sup> <br>|  | 183000 | &nbsp;&nbsp; 177878 |
| Pacific Gas and Electric Co., | Pacific Gas and Electric Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.90%, 10/01/2054 |  | 64000 | &nbsp;&nbsp; 57391 |
| &nbsp;&nbsp;&nbsp; 6.15%, 03/01/2055 |  | 100000 | &nbsp;&nbsp; 92718 |
| PacifiCorp, | PacifiCorp, |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 02/15/2029 |  | 73000 | &nbsp;&nbsp; 74076 |
| &nbsp;&nbsp;&nbsp; 5.30%, 02/15/2031 |  | 68000 | &nbsp;&nbsp; 69152 |
| &nbsp;&nbsp;&nbsp; 5.45%, 02/15/2034 |  | 126000 | &nbsp;&nbsp; 125842 |
| &nbsp;&nbsp;&nbsp; 5.80%, 01/15/2055 |  | 95000 | &nbsp;&nbsp; 88927 |
| Pinnacle West Capital Corp., | Pinnacle West Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 05/15/2028 |  | 30000 | &nbsp;&nbsp; 30240 |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/15/2030 |  | 61000 | &nbsp;&nbsp; 61718 |
| &nbsp;&nbsp;&nbsp; PPL Capital Funding, Inc., 5.25%, <br> 09/01/2034<br>|  | 47000 | &nbsp;&nbsp; 46546 |
| &nbsp;&nbsp;&nbsp; PSEG Power LLC, 5.20%, <br> 05/15/2030<sup>(b)</sup> <br>|  | 97000 | &nbsp;&nbsp; 97973 |
| &nbsp;&nbsp;&nbsp; Public Service Co. of Colorado, 5.25%, <br> 04/01/2053<br>|  | 69000 | &nbsp;&nbsp; 61320 |
| &nbsp;&nbsp;&nbsp; Public Service Co. of New Hampshire, <br> 5.35%, 10/01/2033<br>|  | 42000 | &nbsp;&nbsp; 42733 |
| San Diego Gas & Electric Co., | San Diego Gas & Electric Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 04/01/2053 |  | 172000 | &nbsp;&nbsp; 155775 |
| &nbsp;&nbsp;&nbsp; 5.55%, 04/15/2054 |  | 131000 | &nbsp;&nbsp; 121710 |
| &nbsp;&nbsp;&nbsp; Sierra Pacific Power Co., 5.90%, <br> 03/15/2054<br>|  | 2000 | &nbsp;&nbsp; 1947 |
| Southern Co. (The), | Southern Co. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 10/15/2032 |  | 59000 | &nbsp;&nbsp; 61176 |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/15/2035 |  | 117000 | &nbsp;&nbsp; 112642 |
| &nbsp;&nbsp;&nbsp; Series B, 4.00%, 01/15/2051<sup>(c)</sup> <br>|  | 135000 | &nbsp;&nbsp; 133999 |
| &nbsp;&nbsp;&nbsp; Southern Co. Gas Capital Corp., <br> 5.75%, 09/15/2033<br>|  | 43000 | &nbsp;&nbsp; 44330 |
| &nbsp;&nbsp;&nbsp; Southwestern Electric Power Co., <br> 5.30%, 04/01/2033<br>|  | 61000 | &nbsp;&nbsp; 60348 |
| &nbsp;&nbsp;&nbsp; Trans-Allegheny Interstate Line Co., <br> 5.00%, 01/15/2031<sup>(b)</sup> <br>|  | 41000 | &nbsp;&nbsp; 41334 |
| Union Electric Co., | Union Electric Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 04/01/2034 |  | 155000 | &nbsp;&nbsp; 155121 |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/2035 |  | 137000 | &nbsp;&nbsp; 137380 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/15/2055 |  | 76000 | &nbsp;&nbsp; 67846 |
| &nbsp;&nbsp;&nbsp; Virginia Electric & Power Co., 5.00%, <br> 04/01/2033<br>|  | 68000 | &nbsp;&nbsp; 67629 |
| Vistra Operations Co. LLC, | Vistra Operations Co. LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/2027<sup>(b)</sup> <br>|  | 134000 | &nbsp;&nbsp; 133995 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/31/2027<sup>(b)</sup> <br>|  | 40000 | &nbsp;&nbsp; 39908 |
| &nbsp;&nbsp;&nbsp; 4.38%, 05/01/2029<sup>(b)</sup> <br>|  | 8000 | &nbsp;&nbsp; 7739 |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/2031<sup>(b)</sup> <br>|  | 313000 | &nbsp;&nbsp; 332081 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/2032<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 80154 |
| &nbsp;&nbsp;&nbsp; 6.95%, 10/15/2033<sup>(b)</sup> <br>|  | 129000 | &nbsp;&nbsp; 139124 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/2034<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 78143 |
| &nbsp;&nbsp;&nbsp; 5.70%, 12/30/2034<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 94697 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** | **Electric Utilities–(continued)** |
| &nbsp;&nbsp;&nbsp; Xcel Energy, Inc., 4.75%, <br> 03/21/2028<br>|  | $43000 | &nbsp;&nbsp; $43229 |
|  |  |  | &nbsp;&nbsp; 9872230 |
| **Electrical Components & Equipment–0.40%** | **Electrical Components & Equipment–0.40%** | **Electrical Components & Equipment–0.40%** | **Electrical Components & Equipment–0.40%** |
| EnerSys, | EnerSys, |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 12/15/2027<sup>(b)</sup> <br>|  | 97000 | &nbsp;&nbsp; 93937 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/2032<sup>(b)</sup> <br>|  | 43000 | &nbsp;&nbsp; 43945 |
| Molex Electronic Technologies LLC, | Molex Electronic Technologies LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/30/2028<sup>(b)</sup> <br>|  | 98000 | &nbsp;&nbsp; 98146 |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/30/2032<sup>(b)</sup> <br>|  | 130000 | &nbsp;&nbsp; 130031 |
| Regal Rexnord Corp., | Regal Rexnord Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.05%, 04/15/2028 |  | 61000 | &nbsp;&nbsp; 62644 |
| &nbsp;&nbsp;&nbsp; 6.30%, 02/15/2030 |  | 13000 | &nbsp;&nbsp; 13485 |
| &nbsp;&nbsp;&nbsp; 6.40%, 04/15/2033 |  | 291000 | &nbsp;&nbsp; 301276 |
|  |  |  | &nbsp;&nbsp; 743464 |
| **Electronic Components–0.25%** | **Electronic Components–0.25%** | **Electronic Components–0.25%** | **Electronic Components–0.25%** |
| Amphenol Corp., | Amphenol Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/2035 |  | 106000 | &nbsp;&nbsp; 105186 |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/2054 |  | 59000 | &nbsp;&nbsp; 56318 |
| Corning, Inc., 5.45%, 11/15/2079 |  | 259000 | &nbsp;&nbsp; 225906 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies, Inc., 3.75%, <br> 02/15/2031<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 82677 |
|  |  |  | &nbsp;&nbsp; 470087 |
| **Electronic Equipment & Instruments–0.08%** | **Electronic Equipment & Instruments–0.08%** | **Electronic Equipment & Instruments–0.08%** | **Electronic Equipment & Instruments–0.08%** |
| &nbsp;&nbsp;&nbsp; Keysight Technologies, Inc., 5.35%, <br> 07/30/2030<br>|  | 154000 | &nbsp;&nbsp; 157184 |
| **Electronic Manufacturing Services–0.08%** | **Electronic Manufacturing Services–0.08%** | **Electronic Manufacturing Services–0.08%** | **Electronic Manufacturing Services–0.08%** |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower L.P./Emerald <br> Co-Issuer, Inc., 6.63%, <br> 12/15/2030<sup>(b)</sup> <br>|  | 137000 | &nbsp;&nbsp; 138557 |
| Jabil, Inc., 3.00%, 01/15/2031 |  | 12000 | &nbsp;&nbsp; 10783 |
|  |  |  | &nbsp;&nbsp; 149340 |
| **Environmental & Facilities Services–0.38%** | **Environmental & Facilities Services–0.38%** | **Environmental & Facilities Services–0.38%** | **Environmental & Facilities Services–0.38%** |
| GFL Environmental, Inc., | GFL Environmental, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/01/2028<sup>(b)</sup> <br>|  | 196000 | &nbsp;&nbsp; 188570 |
| &nbsp;&nbsp;&nbsp; 3.50%, 09/01/2028<sup>(b)</sup> <br>|  | 96000 | &nbsp;&nbsp; 91506 |
| Republic Services, Inc., | Republic Services, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 04/01/2029 |  | 5000 | &nbsp;&nbsp; 5084 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/2033 |  | 104000 | &nbsp;&nbsp; 104503 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/01/2034 |  | 2000 | &nbsp;&nbsp; 2003 |
| Rollins, Inc., 5.25%, 02/24/2035<sup>(b)</sup> <br>|  | 61000 | &nbsp;&nbsp; 60549 |
| Veralto Corp., 5.35%, 09/18/2028 |  | 112000 | &nbsp;&nbsp; 114999 |
| &nbsp;&nbsp;&nbsp; Waste Management, Inc., 5.35%, <br> 10/15/2054<br>|  | 145000 | &nbsp;&nbsp; 137265 |
|  |  |  | &nbsp;&nbsp; 704479 |
| **Financial Exchanges & Data–0.35%** | **Financial Exchanges & Data–0.35%** | **Financial Exchanges & Data–0.35%** | **Financial Exchanges & Data–0.35%** |
| Intercontinental Exchange, Inc., | Intercontinental Exchange, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 06/15/2029 |  | 45000 | &nbsp;&nbsp; 44940 |
| &nbsp;&nbsp;&nbsp; 4.60%, 03/15/2033 |  | 69000 | &nbsp;&nbsp; 67941 |
| &nbsp;&nbsp;&nbsp; 4.95%, 06/15/2052 |  | 114000 | &nbsp;&nbsp; 101130 |
| &nbsp;&nbsp;&nbsp; 5.20%, 06/15/2062 |  | 145000 | &nbsp;&nbsp; 131237 |
| Moody's Corp., 5.25%, 07/15/2044 |  | 153000 | &nbsp;&nbsp; 142340 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Financial Exchanges & Data–(continued)** | **Financial Exchanges & Data–(continued)** | **Financial Exchanges & Data–(continued)** | **Financial Exchanges & Data–(continued)** |
| Nasdaq, Inc., | Nasdaq, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 06/28/2028 |  | $23000 | &nbsp;&nbsp; $23610 |
| &nbsp;&nbsp;&nbsp; 5.55%, 02/15/2034 |  | 62000 | &nbsp;&nbsp; 63662 |
| &nbsp;&nbsp;&nbsp; 5.95%, 08/15/2053 |  | 21000 | &nbsp;&nbsp; 20865 |
| &nbsp;&nbsp;&nbsp; 6.10%, 06/28/2063 |  | 50000 | &nbsp;&nbsp; 49555 |
|  |  |  | &nbsp;&nbsp; 645280 |
| **Food Distributors–0.05%** | **Food Distributors–0.05%** | **Food Distributors–0.05%** | **Food Distributors–0.05%** |
| Sysco Corp., 5.10%, 09/23/2030 |  | 87000 | &nbsp;&nbsp; 88257 |
| **Food Retail–0.07%** | **Food Retail–0.07%** | **Food Retail–0.07%** | **Food Retail–0.07%** |
| &nbsp;&nbsp;&nbsp; Kroger Co. (The), 5.65%, <br> 09/15/2064<br>|  | 132000 | &nbsp;&nbsp; 121986 |
| **Forest Products–0.08%** | **Forest Products–0.08%** | **Forest Products–0.08%** | **Forest Products–0.08%** |
| Georgia-Pacific LLC, | Georgia-Pacific LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.40%, 06/30/2028<sup>(b)</sup> <br>|  | 62000 | &nbsp;&nbsp; 62081 |
| &nbsp;&nbsp;&nbsp; 4.95%, 06/30/2032<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 93297 |
|  |  |  | &nbsp;&nbsp; 155378 |
| **Gas Utilities–0.47%** | **Gas Utilities–0.47%** | **Gas Utilities–0.47%** | **Gas Utilities–0.47%** |
| Atmos Energy Corp., | Atmos Energy Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.90%, 11/15/2033 |  | 58000 | &nbsp;&nbsp; 61299 |
| &nbsp;&nbsp;&nbsp; 6.20%, 11/15/2053 |  | 47000 | &nbsp;&nbsp; 49248 |
| &nbsp;&nbsp;&nbsp; Piedmont Natural Gas Co., Inc., <br> 5.40%, 06/15/2033<br>|  | 100000 | &nbsp;&nbsp; 100716 |
| Snam S.p.A. (Italy), | Snam S.p.A. (Italy), |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/28/2035<sup>(b)</sup> <br>|  | 214000 | &nbsp;&nbsp; 214536 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/28/2055<sup>(b)</sup> <br>|  | 201000 | &nbsp;&nbsp; 202431 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Corp., 5.45%, <br> 03/23/2028<br>|  | 30000 | &nbsp;&nbsp; 30603 |
| Venture Global Plaquemines LNG LLC, | Venture Global Plaquemines LNG LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/01/2033<sup>(b)</sup> <br>|  | 69000 | &nbsp;&nbsp; 72128 |
| &nbsp;&nbsp;&nbsp; 7.75%, 05/01/2035<sup>(b)</sup> <br>|  | 122000 | &nbsp;&nbsp; 128580 |
|  |  |  | &nbsp;&nbsp; 859541 |
| **Gold–0.13%** | **Gold–0.13%** | **Gold–0.13%** | **Gold–0.13%** |
| &nbsp;&nbsp;&nbsp; New Gold, Inc. (Canada), 6.88%, <br> 04/01/2032<sup>(b)</sup> <br>|  | 229000 | &nbsp;&nbsp; 234125 |
| **Health Care Distributors–0.45%** | **Health Care Distributors–0.45%** | **Health Care Distributors–0.45%** | **Health Care Distributors–0.45%** |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc., 5.45%, <br> 02/15/2034<br>|  | 56000 | &nbsp;&nbsp; 56564 |
| McKesson Corp., | McKesson Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.65%, 05/30/2030 |  | 240000 | &nbsp;&nbsp; 240402 |
| &nbsp;&nbsp;&nbsp; 4.95%, 05/30/2032 |  | 212000 | &nbsp;&nbsp; 212672 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/30/2035 |  | 317000 | &nbsp;&nbsp; 317862 |
|  |  |  | &nbsp;&nbsp; 827500 |
| **Health Care Equipment–0.16%** | **Health Care Equipment–0.16%** | **Health Care Equipment–0.16%** | **Health Care Equipment–0.16%** |
| &nbsp;&nbsp;&nbsp; Smith & Nephew PLC (United Kingdom), <br> 5.40%, 03/20/2034<br>|  | 6000 | &nbsp;&nbsp; 5981 |
| Stryker Corp., | Stryker Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 09/11/2029 |  | 28000 | &nbsp;&nbsp; 27805 |
| &nbsp;&nbsp;&nbsp; 4.85%, 02/10/2030 |  | 87000 | &nbsp;&nbsp; 87919 |
| &nbsp;&nbsp;&nbsp; 5.20%, 02/10/2035 |  | 175000 | &nbsp;&nbsp; 175274 |
|  |  |  | &nbsp;&nbsp; 296979 |
| **Health Care Facilities–0.52%** | **Health Care Facilities–0.52%** | **Health Care Facilities–0.52%** | **Health Care Facilities–0.52%** |
| &nbsp;&nbsp;&nbsp; Adventist Health System, 5.76%, <br> 12/01/2034<br>|  | 61000 | &nbsp;&nbsp; 60220 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Health Care Facilities–(continued)** | **Health Care Facilities–(continued)** | **Health Care Facilities–(continued)** | **Health Care Facilities–(continued)** |
| &nbsp;&nbsp;&nbsp; Providence St. Joseph Health Obligated <br> Group, Series 21-A, 2.70%, <br> 10/01/2051<br>|  | $185000 | &nbsp;&nbsp; $100237 |
| &nbsp;&nbsp;&nbsp; Select Medical Corp., 6.25%, <br> 12/01/2032<sup>(b)</sup> <br>|  | 87000 | &nbsp;&nbsp; 86298 |
| Tenet Healthcare Corp., | Tenet Healthcare Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/2029 |  | 192000 | &nbsp;&nbsp; 184500 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/2031 |  | 87000 | &nbsp;&nbsp; 89669 |
| Universal Health Services, Inc., | Universal Health Services, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/2029 |  | 66000 | &nbsp;&nbsp; 64698 |
| &nbsp;&nbsp;&nbsp; 5.05%, 10/15/2034 |  | 183000 | &nbsp;&nbsp; 171891 |
| UPMC, | UPMC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.04%, 05/15/2033 |  | 147000 | &nbsp;&nbsp; 144789 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/15/2043 |  | 52000 | &nbsp;&nbsp; 48047 |
|  |  |  | &nbsp;&nbsp; 950349 |
| **Health Care REITs–0.24%** | **Health Care REITs–0.24%** | **Health Care REITs–0.24%** | **Health Care REITs–0.24%** |
| Alexandria Real Estate Equities, Inc., | Alexandria Real Estate Equities, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/2036 |  | 38000 | &nbsp;&nbsp; 36095 |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/15/2054 |  | 205000 | &nbsp;&nbsp; 184567 |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust, 0.00%, <br> 01/15/2026<sup>(b)(i)</sup> <br>|  | 147000 | &nbsp;&nbsp; 141294 |
| &nbsp;&nbsp;&nbsp; Healthpeak OP LLC, 5.38%, <br> 02/15/2035<br>|  | 71000 | &nbsp;&nbsp; 70300 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc., <br> 3.25%, 04/15/2033<br>|  | 12000 | &nbsp;&nbsp; 10151 |
|  |  |  | &nbsp;&nbsp; 442407 |
| **Health Care Services–1.32%** | **Health Care Services–1.32%** | **Health Care Services–1.32%** | **Health Care Services–1.32%** |
| CommonSpirit Health, | CommonSpirit Health, |  |  |
| &nbsp;&nbsp;&nbsp; 5.32%, 12/01/2034 |  | 223000 | &nbsp;&nbsp; 218990 |
| &nbsp;&nbsp;&nbsp; 5.55%, 12/01/2054 |  | 74000 | &nbsp;&nbsp; 67529 |
| Community Health Systems, Inc., | Community Health Systems, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/15/2027<sup>(b)</sup> <br>|  | 43000 | &nbsp;&nbsp; 42398 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/2030<sup>(b)</sup> <br>|  | 63000 | &nbsp;&nbsp; 56788 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/2031<sup>(b)</sup> <br>|  | 42000 | &nbsp;&nbsp; 35986 |
| CVS Health Corp., | CVS Health Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/30/2029 |  | 98000 | &nbsp;&nbsp; 98683 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/30/2031 |  | 15000 | &nbsp;&nbsp; 15130 |
| &nbsp;&nbsp;&nbsp; 6.75%, 12/10/2054<sup>(c)</sup> <br>|  | 184000 | &nbsp;&nbsp; 179564 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/10/2055<sup>(c)</sup> <br>|  | 661000 | &nbsp;&nbsp; 667456 |
| DaVita, Inc., | DaVita, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/2032<sup>(b)</sup> <br>|  | 47000 | &nbsp;&nbsp; 47775 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/2033<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 50551 |
| HCA, Inc., | HCA, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.45%, 09/15/2034 |  | 18000 | &nbsp;&nbsp; 17827 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/2035 |  | 162000 | &nbsp;&nbsp; 163338 |
| &nbsp;&nbsp;&nbsp; 5.90%, 06/01/2053 |  | 145000 | &nbsp;&nbsp; 135837 |
| &nbsp;&nbsp;&nbsp; 6.20%, 03/01/2055 |  | 69000 | &nbsp;&nbsp; 67416 |
| Icon Investments Six DAC, | Icon Investments Six DAC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.81%, 05/08/2027 |  | 200000 | &nbsp;&nbsp; 203397 |
| &nbsp;&nbsp;&nbsp; 5.85%, 05/08/2029 |  | 210000 | &nbsp;&nbsp; 215258 |
| &nbsp;&nbsp;&nbsp; Piedmont Healthcare, Inc., 2.86%, <br> 01/01/2052<br>|  | 97000 | &nbsp;&nbsp; 57390 |
| &nbsp;&nbsp;&nbsp; Quest Diagnostics, Inc., 6.40%, <br> 11/30/2033<br>|  | 78000 | &nbsp;&nbsp; 84242 |
|  |  |  | &nbsp;&nbsp; 2425555 |
| **Health Care Supplies–0.42%** | **Health Care Supplies–0.42%** | **Health Care Supplies–0.42%** | **Health Care Supplies–0.42%** |
| Medline Borrower L.P., | Medline Borrower L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/01/2029<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 47162 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/2029<sup>(b)</sup> <br>|  | 48000 | &nbsp;&nbsp; 46945 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Health Care Supplies–(continued)** | **Health Care Supplies–(continued)** | **Health Care Supplies–(continued)** | **Health Care Supplies–(continued)** |
| Solventum Corp., | Solventum Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 03/01/2029 |  | $128000 | &nbsp;&nbsp; $130649 |
| &nbsp;&nbsp;&nbsp; 5.60%, 03/23/2034 |  | 223000 | &nbsp;&nbsp; 224999 |
| &nbsp;&nbsp;&nbsp; 5.90%, 04/30/2054 |  | 182000 | &nbsp;&nbsp; 174807 |
| &nbsp;&nbsp;&nbsp; 6.00%, 05/15/2064 |  | 147000 | &nbsp;&nbsp; 140380 |
|  |  |  | &nbsp;&nbsp; 764942 |
| **Home Improvement Retail–0.01%** | **Home Improvement Retail–0.01%** | **Home Improvement Retail–0.01%** | **Home Improvement Retail–0.01%** |
| Lowe's Cos., Inc., | Lowe's Cos., Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/2053 |  | 8000 | &nbsp;&nbsp; 7510 |
| &nbsp;&nbsp;&nbsp; 5.80%, 09/15/2062 |  | 7000 | &nbsp;&nbsp; 6575 |
| &nbsp;&nbsp;&nbsp; 5.85%, 04/01/2063 |  | 7000 | &nbsp;&nbsp; 6633 |
|  |  |  | &nbsp;&nbsp; 20718 |
| **Homebuilding–0.05%** | **Homebuilding–0.05%** | **Homebuilding–0.05%** | **Homebuilding–0.05%** |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Communities, Inc., <br> 5.13%, 08/01/2030<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 90741 |
| **Hotel & Resort REITs–0.27%** | **Hotel & Resort REITs–0.27%** | **Hotel & Resort REITs–0.27%** | **Hotel & Resort REITs–0.27%** |
| &nbsp;&nbsp;&nbsp; Phillips Edison Grocery Center Operating <br> Partnership I L.P., | &nbsp;&nbsp;&nbsp; Phillips Edison Grocery Center Operating <br> Partnership I L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/2034 |  | 39000 | &nbsp;&nbsp; 39307 |
| &nbsp;&nbsp;&nbsp; 4.95%, 01/15/2035 |  | 93000 | &nbsp;&nbsp; 88595 |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties L.P./RHP Finance <br> Corp., 6.50%, 06/15/2033<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 94657 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust L.P., 4.00%, <br> 09/15/2029<sup>(b)</sup> <br>|  | 101000 | &nbsp;&nbsp; 92435 |
| Service Properties Trust, | Service Properties Trust, |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/2027 |  | 91000 | &nbsp;&nbsp; 87891 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/2030 |  | 125000 | &nbsp;&nbsp; 100907 |
|  |  |  | &nbsp;&nbsp; 503792 |
| **Hotels, Resorts & Cruise Lines–0.83%** | **Hotels, Resorts & Cruise Lines–0.83%** | **Hotels, Resorts & Cruise Lines–0.83%** | **Hotels, Resorts & Cruise Lines–0.83%** |
| Carnival Corp., | Carnival Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/2027<sup>(b)</sup> <br>|  | 58000 | &nbsp;&nbsp; 58181 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/2031<sup>(b)</sup> <br>|  | 579000 | &nbsp;&nbsp; 579709 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/15/2033<sup>(b)</sup> <br>|  | 111000 | &nbsp;&nbsp; 111344 |
| &nbsp;&nbsp;&nbsp; Expedia Group, Inc., 5.40%, <br> 02/15/2035<br>|  | 137000 | &nbsp;&nbsp; 135209 |
| Hilton Domestic Operating Co., Inc., | Hilton Domestic Operating Co., Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/01/2029<sup>(b)</sup> <br>|  | 78000 | &nbsp;&nbsp; 78817 |
| &nbsp;&nbsp;&nbsp; 6.13%, 04/01/2032<sup>(b)</sup> <br>|  | 34000 | &nbsp;&nbsp; 34546 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/2033<sup>(b)</sup> <br>|  | 181000 | &nbsp;&nbsp; 182349 |
| &nbsp;&nbsp;&nbsp; Marriott International, Inc., 5.30%, <br> 05/15/2034<br>|  | 66000 | &nbsp;&nbsp; 65512 |
| Royal Caribbean Cruises Ltd., | Royal Caribbean Cruises Ltd., |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 03/15/2032<sup>(b)</sup> <br>|  | 63000 | &nbsp;&nbsp; 63890 |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/01/2033<sup>(b)</sup> <br>|  | 226000 | &nbsp;&nbsp; 226953 |
|  |  |  | &nbsp;&nbsp; 1536510 |
| **Household Appliances–0.05%** | **Household Appliances–0.05%** | **Household Appliances–0.05%** | **Household Appliances–0.05%** |
| Whirlpool Corp., 4.70%, 05/14/2032 |  | 100000 | &nbsp;&nbsp; 91938 |
| **Household Products–0.05%** | **Household Products–0.05%** | **Household Products–0.05%** | **Household Products–0.05%** |
| &nbsp;&nbsp;&nbsp; Energizer Holdings, Inc., 4.38%, <br> 03/31/2029<sup>(b)</sup> <br>|  | 97000 | &nbsp;&nbsp; 91226 |
| **Housewares & Specialties–0.06%** | **Housewares & Specialties–0.06%** | **Housewares & Specialties–0.06%** | **Housewares & Specialties–0.06%** |
| Newell Brands, Inc., | Newell Brands, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/15/2027 |  | 15000 | &nbsp;&nbsp; 15077 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/2030 |  | 101000 | &nbsp;&nbsp; 95136 |
|  |  |  | &nbsp;&nbsp; 110213 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Human Resource & Employment Services–0.11%** | **Human Resource & Employment Services–0.11%** | **Human Resource & Employment Services–0.11%** | **Human Resource & Employment Services–0.11%** |
| Paychex, Inc., | Paychex, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 04/15/2030 |  | $124000 | &nbsp;&nbsp; $125664 |
| &nbsp;&nbsp;&nbsp; 5.60%, 04/15/2035 |  | 71000 | &nbsp;&nbsp; 72226 |
|  |  |  | &nbsp;&nbsp; 197890 |
| **Independent Power Producers & Energy Traders–0.57%** | **Independent Power Producers & Energy Traders–0.57%** | **Independent Power Producers & Energy Traders–0.57%** | **Independent Power Producers & Energy Traders–0.57%** |
| AES Corp. (The), | AES Corp. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 5.80%, 03/15/2032 |  | 356000 | &nbsp;&nbsp; 353114 |
| &nbsp;&nbsp;&nbsp; 6.95%, 07/15/2055<sup>(c)</sup> <br>|  | 83000 | &nbsp;&nbsp; 78955 |
| Calpine Corp., 5.13%, 03/15/2028<sup>(b)</sup> <br>|  | 140000 | &nbsp;&nbsp; 138871 |
| &nbsp;&nbsp;&nbsp; FIEMEX Energia - Banco Actinver S.A. <br> Institucion de Banca Multiple <br> (Mexico), 7.25%, 01/31/2041<sup>(b)</sup> <br>|  | 213764 | &nbsp;&nbsp; 211305 |
| Vistra Corp., | Vistra Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%<sup>(b)(c)(e)</sup> <br>|  | 92000 | &nbsp;&nbsp; 93632 |
| &nbsp;&nbsp;&nbsp; 8.00%<sup>(b)(c)(e)</sup> <br>|  | 44000 | &nbsp;&nbsp; 45185 |
| &nbsp;&nbsp;&nbsp; Series C, 8.88%<sup>(b)(c)(e)</sup> <br>|  | 124000 | &nbsp;&nbsp; 133503 |
|  |  |  | &nbsp;&nbsp; 1054565 |
| **Industrial Conglomerates–0.58%** | **Industrial Conglomerates–0.58%** | **Industrial Conglomerates–0.58%** | **Industrial Conglomerates–0.58%** |
| Honeywell International, Inc., | Honeywell International, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/2029 |  | 61000 | &nbsp;&nbsp; 60754 |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/01/2029 |  | 98000 | &nbsp;&nbsp; 99852 |
| &nbsp;&nbsp;&nbsp; 4.95%, 09/01/2031 |  | 158000 | &nbsp;&nbsp; 160768 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/2033 |  | 72000 | &nbsp;&nbsp; 72172 |
| Siemens Funding B.V. (Netherlands), | Siemens Funding B.V. (Netherlands), |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 05/26/2028<sup>(b)</sup> <br>|  | 260000 | &nbsp;&nbsp; 260647 |
| &nbsp;&nbsp;&nbsp; 4.60%, 05/28/2030<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200467 |
| &nbsp;&nbsp;&nbsp; 5.20%, 05/28/2035<sup>(b)</sup> <br>|  | 210000 | &nbsp;&nbsp; 210932 |
|  |  |  | &nbsp;&nbsp; 1065592 |
| **Industrial Machinery & Supplies & Components–0.46%** | **Industrial Machinery & Supplies & Components–0.46%** | **Industrial Machinery & Supplies & Components–0.46%** | **Industrial Machinery & Supplies & Components–0.46%** |
| Enpro, Inc., 6.13%, 06/01/2033<sup>(b)</sup> <br>|  | 423000 | &nbsp;&nbsp; 427204 |
| ESAB Corp., 6.25%, 04/15/2029<sup>(b)</sup> <br>|  | 136000 | &nbsp;&nbsp; 138462 |
| Ingersoll Rand, Inc., | Ingersoll Rand, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 06/15/2027 |  | 73000 | &nbsp;&nbsp; 73938 |
| &nbsp;&nbsp;&nbsp; 5.40%, 08/14/2028 |  | 15000 | &nbsp;&nbsp; 15407 |
| Nordson Corp., | Nordson Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 09/15/2028 |  | 21000 | &nbsp;&nbsp; 21530 |
| &nbsp;&nbsp;&nbsp; 5.80%, 09/15/2033 |  | 65000 | &nbsp;&nbsp; 67618 |
| &nbsp;&nbsp;&nbsp; nVent Finance S.a.r.l. (United <br> Kingdom), 5.65%, 05/15/2033<br>|  | 16000 | &nbsp;&nbsp; 15978 |
| &nbsp;&nbsp;&nbsp; Roller Bearing Co. of America, Inc., <br> 4.38%, 10/15/2029<sup>(b)</sup> <br>|  | 97000 | &nbsp;&nbsp; 92723 |
|  |  |  | &nbsp;&nbsp; 852860 |
| **Industrial REITs–0.02%** | **Industrial REITs–0.02%** | **Industrial REITs–0.02%** | **Industrial REITs–0.02%** |
| &nbsp;&nbsp;&nbsp; LXP Industrial Trust, 6.75%, <br> 11/15/2028<br>|  | 29000 | &nbsp;&nbsp; 30544 |
| **Insurance Brokers–0.46%** | **Insurance Brokers–0.46%** | **Insurance Brokers–0.46%** | **Insurance Brokers–0.46%** |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/<br> Alliant Holdings Co-Issuer, 7.00%, <br> 01/15/2031<sup>(b)</sup> <br>|  | 137000 | &nbsp;&nbsp; 140215 |
| &nbsp;&nbsp;&nbsp; Aon Corp./Aon Global Holdings PLC, <br> 5.35%, 02/28/2033<br>|  | 34000 | &nbsp;&nbsp; 34592 |
| Arthur J. Gallagher & Co., | Arthur J. Gallagher & Co., |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 12/15/2029 |  | 21000 | &nbsp;&nbsp; 21177 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/2032 |  | 32000 | &nbsp;&nbsp; 32094 |
| &nbsp;&nbsp;&nbsp; 5.15%, 02/15/2035 |  | 68000 | &nbsp;&nbsp; 66957 |
| &nbsp;&nbsp;&nbsp; 5.55%, 02/15/2055 |  | 103000 | &nbsp;&nbsp; 95607 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Insurance Brokers–(continued)** | **Insurance Brokers–(continued)** | **Insurance Brokers–(continued)** | **Insurance Brokers–(continued)** |
| &nbsp;&nbsp;&nbsp; AssuredPartners, Inc., 7.50%, <br> 02/15/2032<sup>(b)</sup> <br>|  | $2000 | &nbsp;&nbsp; $2142 |
| &nbsp;&nbsp;&nbsp; HUB International Ltd., 7.25%, <br> 06/15/2030<sup>(b)</sup> <br>|  | 133000 | &nbsp;&nbsp; 138592 |
| Marsh & McLennan Cos., Inc., | Marsh & McLennan Cos., Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 09/15/2033 |  | 125000 | &nbsp;&nbsp; 127967 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/2052 |  | 38000 | &nbsp;&nbsp; 39871 |
| &nbsp;&nbsp;&nbsp; 5.45%, 03/15/2053 |  | 39000 | &nbsp;&nbsp; 36756 |
| &nbsp;&nbsp;&nbsp; 5.70%, 09/15/2053 |  | 115000 | &nbsp;&nbsp; 112607 |
|  |  |  | &nbsp;&nbsp; 848577 |
| **Integrated Oil & Gas–1.29%** | **Integrated Oil & Gas–1.29%** | **Integrated Oil & Gas–1.29%** | **Integrated Oil & Gas–1.29%** |
| BP Capital Markets PLC, 6.13%<sup>(c)(e)</sup> <br>|  | 328000 | &nbsp;&nbsp; 321859 |
| Ecopetrol S.A. (Colombia), | Ecopetrol S.A. (Colombia), |  |  |
| &nbsp;&nbsp;&nbsp; 8.88%, 01/13/2033 |  | 417000 | &nbsp;&nbsp; 425867 |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/19/2036 |  | 84000 | &nbsp;&nbsp; 80005 |
| &nbsp;&nbsp;&nbsp; Eni S.p.A. (Italy), 5.50%, <br> 05/15/2034<sup>(b)</sup> <br>|  | 217000 | &nbsp;&nbsp; 215280 |
| Occidental Petroleum Corp., | Occidental Petroleum Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 08/01/2029 |  | 26000 | &nbsp;&nbsp; 25843 |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/01/2032 |  | 23000 | &nbsp;&nbsp; 22218 |
| &nbsp;&nbsp;&nbsp; 6.20%, 03/15/2040 |  | 250000 | &nbsp;&nbsp; 233269 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/15/2045 |  | 101000 | &nbsp;&nbsp; 74030 |
| &nbsp;&nbsp;&nbsp; 4.10%, 02/15/2047 |  | 136000 | &nbsp;&nbsp; 90071 |
| Saudi Arabian Oil Co. (Saudi Arabia), | Saudi Arabian Oil Co. (Saudi Arabia), |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/02/2030<sup>(b)</sup> <br>|  | 250000 | &nbsp;&nbsp; 249282 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/02/2035<sup>(b)</sup> <br>|  | 298000 | &nbsp;&nbsp; 297601 |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/02/2055<sup>(b)</sup> <br>|  | 340000 | &nbsp;&nbsp; 333664 |
|  |  |  | &nbsp;&nbsp; 2368989 |
| **Integrated Telecommunication Services–2.62%** | **Integrated Telecommunication Services–2.62%** | **Integrated Telecommunication Services–2.62%** | **Integrated Telecommunication Services–2.62%** |
| AT&T, Inc., | AT&T, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.40%, 02/15/2034 |  | 119000 | &nbsp;&nbsp; 120658 |
| &nbsp;&nbsp;&nbsp; 3.55%, 09/15/2055 |  | 1657000 | &nbsp;&nbsp; 1096450 |
| &nbsp;&nbsp;&nbsp; 6.05%, 08/15/2056 |  | 287000 | &nbsp;&nbsp; 287786 |
| Bell Canada (Canada), | Bell Canada (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/15/2055<sup>(c)</sup> <br>|  | 68000 | &nbsp;&nbsp; 68610 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/15/2055<sup>(c)</sup> <br>|  | 80000 | &nbsp;&nbsp; 80416 |
| &nbsp;&nbsp;&nbsp; British Telecommunications PLC (United <br> Kingdom), 4.25%, <br> 11/23/2081<sup>(b)(c)</sup> <br>|  | 270000 | &nbsp;&nbsp; 262841 |
| &nbsp;&nbsp;&nbsp; Iliad Holding S.A.S. (France), 7.00%, <br> 10/15/2028<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203350 |
| Level 3 Financing, Inc., | Level 3 Financing, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 10.50%, 04/15/2029<sup>(b)</sup> <br>|  | 17000 | &nbsp;&nbsp; 19168 |
| &nbsp;&nbsp;&nbsp; 11.00%, 11/15/2029<sup>(b)</sup> <br>|  | 32000 | &nbsp;&nbsp; 36341 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/2030<sup>(b)</sup> <br>|  | 32000 | &nbsp;&nbsp; 35080 |
| Telecom Italia Capital S.A. (Italy), | Telecom Italia Capital S.A. (Italy), |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 11/15/2033 |  | 93000 | &nbsp;&nbsp; 93939 |
| &nbsp;&nbsp;&nbsp; 7.72%, 06/04/2038 |  | 88000 | &nbsp;&nbsp; 91990 |
| &nbsp;&nbsp;&nbsp; Telefonica Emisiones S.A. (Spain), <br> 7.05%, 06/20/2036<br>|  | 415000 | &nbsp;&nbsp; 454441 |
| Verizon Communications, Inc., | Verizon Communications, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 08/10/2033 |  | 1417000 | &nbsp;&nbsp; 1358531 |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/02/2035 |  | 319000 | &nbsp;&nbsp; 317933 |
| &nbsp;&nbsp;&nbsp; 3.40%, 03/22/2041 |  | 21000 | &nbsp;&nbsp; 15883 |
| &nbsp;&nbsp;&nbsp; 3.00%, 11/20/2060 |  | 114000 | &nbsp;&nbsp; 65284 |
| &nbsp;&nbsp;&nbsp; 3.70%, 03/22/2061 |  | 65000 | &nbsp;&nbsp; 43827 |
| &nbsp;&nbsp;&nbsp; Zegona Finance PLC (United Kingdom), <br> 8.63%, 07/15/2029<sup>(b)</sup> <br>|  | 152000 | &nbsp;&nbsp; 162450 |
|  |  |  | &nbsp;&nbsp; 4814978 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Interactive Media & Services–0.80%** | **Interactive Media & Services–0.80%** | **Interactive Media & Services–0.80%** | **Interactive Media & Services–0.80%** |
| Alphabet, Inc., | Alphabet, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/2055 |  | $115000 | &nbsp;&nbsp; $111293 |
| &nbsp;&nbsp;&nbsp; 5.30%, 05/15/2065 |  | 121000 | &nbsp;&nbsp; 115950 |
| &nbsp;&nbsp;&nbsp; Baidu, Inc. (China), 1.72%, <br> 04/09/2026<br>|  | 210000 | &nbsp;&nbsp; 205070 |
| &nbsp;&nbsp;&nbsp; Match Group Holdings II LLC, 3.63%, <br> 10/01/2031<sup>(b)</sup> <br>|  | 5000 | &nbsp;&nbsp; 4377 |
| Meta Platforms, Inc., | Meta Platforms, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.30%, 08/15/2029 |  | 76000 | &nbsp;&nbsp; 76321 |
| &nbsp;&nbsp;&nbsp; 4.55%, 08/15/2031 |  | 47000 | &nbsp;&nbsp; 47169 |
| &nbsp;&nbsp;&nbsp; 4.75%, 08/15/2034 |  | 107000 | &nbsp;&nbsp; 105850 |
| &nbsp;&nbsp;&nbsp; 4.45%, 08/15/2052 |  | 211000 | &nbsp;&nbsp; 174623 |
| &nbsp;&nbsp;&nbsp; 5.40%, 08/15/2054 |  | 134000 | &nbsp;&nbsp; 127297 |
| &nbsp;&nbsp;&nbsp; 4.65%, 08/15/2062 |  | 168000 | &nbsp;&nbsp; 138673 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/2063 |  | 162000 | &nbsp;&nbsp; 160180 |
| &nbsp;&nbsp;&nbsp; 5.55%, 08/15/2064 |  | 221000 | &nbsp;&nbsp; 211634 |
|  |  |  | &nbsp;&nbsp; 1478437 |
| **Internet Services & Infrastructure–0.08%** | **Internet Services & Infrastructure–0.08%** | **Internet Services & Infrastructure–0.08%** | **Internet Services & Infrastructure–0.08%** |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc., 9.25%, <br> 06/01/2030<sup>(b)</sup> <br>|  | 141000 | &nbsp;&nbsp; 140966 |
| **Investment Banking & Brokerage–3.05%** | **Investment Banking & Brokerage–3.05%** | **Investment Banking & Brokerage–3.05%** | **Investment Banking & Brokerage–3.05%** |
| &nbsp;&nbsp;&nbsp; Blue Owl Technology Finance Corp., <br> 6.75%, 04/04/2029<br>|  | 5000 | &nbsp;&nbsp; 5032 |
| &nbsp;&nbsp;&nbsp; Boost Newco Borrower LLC, 7.50%, <br> 01/15/2031<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 211737 |
| Charles Schwab Corp. (The), | Charles Schwab Corp. (The), |  |  |
| &nbsp;&nbsp;&nbsp; Series G, 5.38%<sup>(c)(e)</sup> <br>|  | 156000 | &nbsp;&nbsp; 156000 |
| &nbsp;&nbsp;&nbsp; Series K, 5.00%<sup>(c)(e)</sup> <br>|  | 94000 | &nbsp;&nbsp; 93706 |
| Goldman Sachs Group, Inc. (The), | Goldman Sachs Group, Inc. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 5.16% (SOFR + 0.81%), <br> 03/09/2027<sup>(d)</sup> <br>|  | 10000 | &nbsp;&nbsp; 10011 |
| &nbsp;&nbsp;&nbsp; 5.46% (SOFR + 1.12%), <br> 02/24/2028<sup>(d)</sup> <br>|  | 31000 | &nbsp;&nbsp; 31070 |
| &nbsp;&nbsp;&nbsp; 5.63% (SOFR + 1.29%), <br> 04/23/2028<sup>(d)</sup> <br>|  | 166000 | &nbsp;&nbsp; 167082 |
| &nbsp;&nbsp;&nbsp; 5.73%, 04/25/2030<sup>(c)</sup> <br>|  | 77000 | &nbsp;&nbsp; 79602 |
| &nbsp;&nbsp;&nbsp; 5.05%, 07/23/2030<sup>(c)</sup> <br>|  | 117000 | &nbsp;&nbsp; 118031 |
| &nbsp;&nbsp;&nbsp; 4.69%, 10/23/2030<sup>(c)</sup> <br>|  | 93000 | &nbsp;&nbsp; 92702 |
| &nbsp;&nbsp;&nbsp; 5.21%, 01/28/2031<sup>(c)</sup> <br>|  | 142000 | &nbsp;&nbsp; 144043 |
| &nbsp;&nbsp;&nbsp; 5.22%, 04/23/2031<sup>(c)</sup> <br>|  | 340000 | &nbsp;&nbsp; 345046 |
| &nbsp;&nbsp;&nbsp; 5.85%, 04/25/2035<sup>(c)</sup> <br>|  | 133000 | &nbsp;&nbsp; 136922 |
| &nbsp;&nbsp;&nbsp; 5.33%, 07/23/2035<sup>(c)</sup> <br>|  | 145000 | &nbsp;&nbsp; 143829 |
| &nbsp;&nbsp;&nbsp; 5.54%, 01/28/2036<sup>(c)</sup> <br>|  | 421000 | &nbsp;&nbsp; 424143 |
| &nbsp;&nbsp;&nbsp; 4.80%, 07/08/2044 |  | 13000 | &nbsp;&nbsp; 11372 |
| &nbsp;&nbsp;&nbsp; 5.73%, 01/28/2056<sup>(c)</sup> <br>|  | 332000 | &nbsp;&nbsp; 322896 |
| &nbsp;&nbsp;&nbsp; 6.85%<sup>(c)(e)</sup> <br>|  | 247000 | &nbsp;&nbsp; 249658 |
| &nbsp;&nbsp;&nbsp; Series T, 3.80%<sup>(c)(e)</sup> <br>|  | 13000 | &nbsp;&nbsp; 12793 |
| &nbsp;&nbsp;&nbsp; Series W, 7.50%<sup>(c)(e)</sup> <br>|  | 303000 | &nbsp;&nbsp; 317626 |
| &nbsp;&nbsp;&nbsp; Series X, 7.50%<sup>(c)(e)</sup> <br>|  | 254000 | &nbsp;&nbsp; 265149 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc., 4.15%, <br> 01/23/2030<br>|  | 25000 | &nbsp;&nbsp; 24125 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Investment Banking & Brokerage–(continued)** | **Investment Banking & Brokerage–(continued)** | **Investment Banking & Brokerage–(continued)** | **Investment Banking & Brokerage–(continued)** |
| Morgan Stanley, | Morgan Stanley, |  |  |
| &nbsp;&nbsp;&nbsp; 5.12%, 02/01/2029<sup>(c)</sup> <br>|  | $39000 | &nbsp;&nbsp; $39478 |
| &nbsp;&nbsp;&nbsp; 4.99%, 04/12/2029<sup>(c)</sup> <br>|  | 94000 | &nbsp;&nbsp; 94901 |
| &nbsp;&nbsp;&nbsp; 5.16%, 04/20/2029<sup>(c)</sup> <br>|  | 160000 | &nbsp;&nbsp; 162263 |
| &nbsp;&nbsp;&nbsp; 5.45%, 07/20/2029<sup>(c)</sup> <br>|  | 36000 | &nbsp;&nbsp; 36830 |
| &nbsp;&nbsp;&nbsp; 6.41%, 11/01/2029<sup>(c)</sup> <br>|  | 77000 | &nbsp;&nbsp; 81190 |
| &nbsp;&nbsp;&nbsp; 5.17%, 01/16/2030<sup>(c)</sup> <br>|  | 35000 | &nbsp;&nbsp; 35546 |
| &nbsp;&nbsp;&nbsp; 5.04%, 07/19/2030<sup>(c)</sup> <br>|  | 86000 | &nbsp;&nbsp; 86883 |
| &nbsp;&nbsp;&nbsp; 4.65%, 10/18/2030<sup>(c)</sup> <br>|  | 133000 | &nbsp;&nbsp; 132162 |
| &nbsp;&nbsp;&nbsp; 5.19%, 04/17/2031<sup>(c)</sup> <br>|  | 278000 | &nbsp;&nbsp; 282137 |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/21/2034<sup>(c)</sup> <br>|  | 232000 | &nbsp;&nbsp; 231906 |
| &nbsp;&nbsp;&nbsp; 5.42%, 07/21/2034<sup>(c)</sup> <br>|  | 121000 | &nbsp;&nbsp; 122131 |
| &nbsp;&nbsp;&nbsp; 5.47%, 01/18/2035<sup>(c)</sup> <br>|  | 116000 | &nbsp;&nbsp; 116734 |
| &nbsp;&nbsp;&nbsp; 5.83%, 04/19/2035<sup>(c)</sup> <br>|  | 119000 | &nbsp;&nbsp; 122742 |
| &nbsp;&nbsp;&nbsp; 5.32%, 07/19/2035<sup>(c)</sup> <br>|  | 199000 | &nbsp;&nbsp; 197783 |
| &nbsp;&nbsp;&nbsp; 5.59%, 01/18/2036<sup>(c)</sup> <br>|  | 209000 | &nbsp;&nbsp; 211108 |
| &nbsp;&nbsp;&nbsp; 5.66%, 04/17/2036<sup>(c)</sup> <br>|  | 238000 | &nbsp;&nbsp; 241978 |
| &nbsp;&nbsp;&nbsp; 5.95%, 01/19/2038<sup>(c)</sup> <br>|  | 52000 | &nbsp;&nbsp; 52476 |
|  |  |  | &nbsp;&nbsp; 5610823 |
| **IT Consulting & Other Services–0.27%** | **IT Consulting & Other Services–0.27%** | **IT Consulting & Other Services–0.27%** | **IT Consulting & Other Services–0.27%** |
| International Business Machines Corp., | International Business Machines Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 02/10/2030 |  | 422000 | &nbsp;&nbsp; 425964 |
| &nbsp;&nbsp;&nbsp; 5.70%, 02/10/2055 |  | 71000 | &nbsp;&nbsp; 68323 |
|  |  |  | &nbsp;&nbsp; 494287 |
| **Leisure Products–0.08%** | **Leisure Products–0.08%** | **Leisure Products–0.08%** | **Leisure Products–0.08%** |
| &nbsp;&nbsp;&nbsp; Amer Sports Co. (Finland), 6.75%, <br> 02/16/2031<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 93649 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp., 5.85%, <br> 03/18/2029<br>|  | 48000 | &nbsp;&nbsp; 48782 |
|  |  |  | &nbsp;&nbsp; 142431 |
| **Life & Health Insurance–3.89%** | **Life & Health Insurance–3.89%** | **Life & Health Insurance–3.89%** | **Life & Health Insurance–3.89%** |
| &nbsp;&nbsp;&nbsp; 200 Park Funding Trust, 5.74%, <br> 02/15/2055<sup>(b)</sup> <br>|  | 220000 | &nbsp;&nbsp; 212339 |
| AIA Group Ltd. (Hong Kong), | AIA Group Ltd. (Hong Kong), |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/05/2034<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202225 |
| &nbsp;&nbsp;&nbsp; 4.95%, 03/30/2035<sup>(b)</sup> <br>|  | 210000 | &nbsp;&nbsp; 204574 |
| &nbsp;&nbsp;&nbsp; 5.40%, 09/30/2054<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 183399 |
| &nbsp;&nbsp;&nbsp; American National Global Funding, <br> 5.55%, 01/28/2030<sup>(b)</sup> <br>|  | 69000 | &nbsp;&nbsp; 69991 |
| &nbsp;&nbsp;&nbsp; American National Group, Inc., 5.00%, <br> 06/15/2027<br>|  | 73000 | &nbsp;&nbsp; 73004 |
| &nbsp;&nbsp;&nbsp; Athene Global Funding, 5.58%, <br> 01/09/2029<sup>(b)</sup> <br>|  | 122000 | &nbsp;&nbsp; 124589 |
| Athene Holding Ltd., | Athene Holding Ltd., |  |  |
| &nbsp;&nbsp;&nbsp; 6.15%, 04/03/2030 |  | 12000 | &nbsp;&nbsp; 12595 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/2054 |  | 100000 | &nbsp;&nbsp; 95659 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/19/2055 |  | 216000 | &nbsp;&nbsp; 215323 |
| &nbsp;&nbsp;&nbsp; Belrose Funding Trust II, 6.79%, <br> 05/15/2055<sup>(b)</sup> <br>|  | 332000 | &nbsp;&nbsp; 333069 |
| Corebridge Global Funding, | Corebridge Global Funding, |  |  |
| &nbsp;&nbsp;&nbsp; 5.65% (SOFR + 1.30%), <br> 09/25/2026<sup>(b)(d)</sup> <br>|  | 193000 | &nbsp;&nbsp; 194396 |
| &nbsp;&nbsp;&nbsp; 5.90%, 09/19/2028<sup>(b)</sup> <br>|  | 66000 | &nbsp;&nbsp; 68663 |
| &nbsp;&nbsp;&nbsp; 5.20%, 01/12/2029<sup>(b)</sup> <br>|  | 109000 | &nbsp;&nbsp; 111122 |
| &nbsp;&nbsp;&nbsp; 5.20%, 06/24/2029<sup>(b)</sup> <br>|  | 106000 | &nbsp;&nbsp; 107820 |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Insurance Co. Ltd. (The) <br> (Japan), 6.20%<sup>(b)(c)(e)</sup> <br>|  | 211000 | &nbsp;&nbsp; 209960 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Life & Health Insurance–(continued)** | **Life & Health Insurance–(continued)** | **Life & Health Insurance–(continued)** | **Life & Health Insurance–(continued)** |
| &nbsp;&nbsp;&nbsp; Delaware Life Global Funding, <br> Series 21-1, 2.66%, <br> 06/29/2026<sup>(b)</sup> <br>|  | $1080000 | &nbsp;&nbsp; $1053784 |
| &nbsp;&nbsp;&nbsp; F&G Annuities & Life, Inc., 7.40%, <br> 01/13/2028<br>|  | 97000 | &nbsp;&nbsp; 101017 |
| &nbsp;&nbsp;&nbsp; GA Global Funding Trust, 5.50%, <br> 01/08/2029<sup>(b)</sup> <br>|  | 152000 | &nbsp;&nbsp; 155220 |
| &nbsp;&nbsp;&nbsp; High Street Funding Trust III, 5.81%, <br> 02/15/2055<sup>(b)</sup> <br>|  | 108000 | &nbsp;&nbsp; 102703 |
| &nbsp;&nbsp;&nbsp; Jackson National Life Global Funding, <br> 4.70%, 06/05/2028<sup>(b)</sup> <br>|  | 150000 | &nbsp;&nbsp; 150211 |
| &nbsp;&nbsp;&nbsp; MAG Mutual Holding Co., 4.75%, <br> 04/30/2041<sup>(b)(h)</sup> <br>|  | 1039000 | &nbsp;&nbsp; 937178 |
| MetLife, Inc., | MetLife, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/2052 |  | 40000 | &nbsp;&nbsp; 35447 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/2054 |  | 224000 | &nbsp;&nbsp; 205785 |
| &nbsp;&nbsp;&nbsp; Series G, 6.35%, 03/15/2055<sup>(c)</sup> <br>|  | 233000 | &nbsp;&nbsp; 234657 |
| &nbsp;&nbsp;&nbsp; New York Life Global Funding, 4.55%, <br> 01/28/2033<sup>(b)</sup> <br>|  | 152000 | &nbsp;&nbsp; 147172 |
| Nippon Life Insurance Co. (Japan), | Nippon Life Insurance Co. (Japan), |  |  |
| &nbsp;&nbsp;&nbsp; 5.95%, 04/16/2054<sup>(b)(c)</sup> <br>|  | 281000 | &nbsp;&nbsp; 278881 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/30/2055<sup>(b)(c)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203138 |
| &nbsp;&nbsp;&nbsp; Pacific Life Global Funding II, 4.96% <br> (SOFR + 0.62%), 06/04/2026<sup>(b)(d)</sup> <br>|  | 45000 | &nbsp;&nbsp; 45094 |
| &nbsp;&nbsp;&nbsp; Peachtree Corners Funding Trust II, <br> 6.01%, 05/15/2035<sup>(b)</sup> <br>|  | 139000 | &nbsp;&nbsp; 139957 |
| &nbsp;&nbsp;&nbsp; Pricoa Global Funding I, 4.65%, <br> 08/27/2031<sup>(b)</sup> <br>|  | 150000 | &nbsp;&nbsp; 148767 |
| &nbsp;&nbsp;&nbsp; Prudential Financial, Inc., 5.20%, <br> 03/14/2035<br>|  | 348000 | &nbsp;&nbsp; 346337 |
| &nbsp;&nbsp;&nbsp; Sammons Financial Group, Inc., <br> 4.75%, 04/08/2032<sup>(b)</sup> <br>|  | 16000 | &nbsp;&nbsp; 15028 |
| &nbsp;&nbsp;&nbsp; Sumitomo Life Insurance Co. (Japan), <br> 5.88%<sup>(b)(c)(e)</sup> <br>|  | 443000 | &nbsp;&nbsp; 433368 |
|  |  |  | &nbsp;&nbsp; 7152472 |
| **Managed Health Care–0.27%** | **Managed Health Care–0.27%** | **Managed Health Care–0.27%** | **Managed Health Care–0.27%** |
| Humana, Inc., 5.75%, 12/01/2028 |  | 36000 | &nbsp;&nbsp; 37173 |
| UnitedHealth Group, Inc., | UnitedHealth Group, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/2029 |  | 38000 | &nbsp;&nbsp; 37559 |
| &nbsp;&nbsp;&nbsp; 5.30%, 02/15/2030 |  | 149000 | &nbsp;&nbsp; 152621 |
| &nbsp;&nbsp;&nbsp; 5.35%, 02/15/2033 |  | 193000 | &nbsp;&nbsp; 194831 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/15/2033 |  | 21000 | &nbsp;&nbsp; 20036 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/2054 |  | 62000 | &nbsp;&nbsp; 57988 |
|  |  |  | &nbsp;&nbsp; 500208 |
| **Marine Transportation–0.27%** | **Marine Transportation–0.27%** | **Marine Transportation–0.27%** | **Marine Transportation–0.27%** |
| &nbsp;&nbsp;&nbsp; A.P. Moller - Maersk A/S (Denmark), <br> 5.88%, 09/14/2033<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 98325 |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., 6.75%, <br> 02/01/2032<sup>(b)</sup> <br>|  | 3000 | &nbsp;&nbsp; 3002 |
| &nbsp;&nbsp;&nbsp; Stena International S.A. (Sweden), <br> 7.63%, 02/15/2031<sup>(b)</sup> <br>|  | 398000 | &nbsp;&nbsp; 403485 |
|  |  |  | &nbsp;&nbsp; 504812 |
| **Metal, Glass & Plastic Containers–0.44%** | **Metal, Glass & Plastic Containers–0.44%** | **Metal, Glass & Plastic Containers–0.44%** | **Metal, Glass & Plastic Containers–0.44%** |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance <br> USA LLC/Ardagh Metal Packaging <br> Finance PLC, 6.00%, <br> 06/15/2027<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200629 |
| &nbsp;&nbsp;&nbsp; CROWN Americas LLC, 5.88%, <br> 06/01/2033<sup>(b)</sup> <br>|  | 302000 | &nbsp;&nbsp; 300170 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Metal, Glass & Plastic Containers–(continued)** | **Metal, Glass & Plastic Containers–(continued)** | **Metal, Glass & Plastic Containers–(continued)** | **Metal, Glass & Plastic Containers–(continued)** |
| &nbsp;&nbsp;&nbsp; OI European Group B.V., 4.75%, <br> 02/15/2030<sup>(b)</sup> <br>|  | $50000 | &nbsp;&nbsp; $47121 |
| &nbsp;&nbsp;&nbsp; Smurfit Kappa Treasury Unlimited Co. <br> (Ireland), | &nbsp;&nbsp;&nbsp; Smurfit Kappa Treasury Unlimited Co. <br> (Ireland), |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 01/15/2030 |  | 139000 | &nbsp;&nbsp; 140603 |
| &nbsp;&nbsp;&nbsp; 5.44%, 04/03/2034 |  | 128000 | &nbsp;&nbsp; 128231 |
|  |  |  | &nbsp;&nbsp; 816754 |
| **Movies & Entertainment–0.37%** | **Movies & Entertainment–0.37%** | **Movies & Entertainment–0.37%** | **Movies & Entertainment–0.37%** |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC (Ireland), 5.88%, <br> 06/04/2031<sup>(b)</sup> <br>|  | 331000 | &nbsp;&nbsp; 332862 |
| &nbsp;&nbsp;&nbsp; Lions Gate Capital Holdings 1, Inc., <br> 5.50%, 04/15/2029<sup>(b)</sup> <br>|  | 103000 | &nbsp;&nbsp; 91921 |
| Netflix, Inc., 5.40%, 08/15/2054 |  | 25000 | &nbsp;&nbsp; 24076 |
| WarnerMedia Holdings, Inc., | WarnerMedia Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.28%, 03/15/2032 |  | 75000 | &nbsp;&nbsp; 63669 |
| &nbsp;&nbsp;&nbsp; 5.14%, 03/15/2052 |  | 111000 | &nbsp;&nbsp; 71998 |
| &nbsp;&nbsp;&nbsp; WMG Acquisition Corp., 3.75%, <br> 12/01/2029<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 88377 |
|  |  |  | &nbsp;&nbsp; 672903 |
| **Multi-Family Residential REITs–0.26%** | **Multi-Family Residential REITs–0.26%** | **Multi-Family Residential REITs–0.26%** | **Multi-Family Residential REITs–0.26%** |
| AvalonBay Communities, Inc., | AvalonBay Communities, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/2033 |  | 30000 | &nbsp;&nbsp; 29867 |
| &nbsp;&nbsp;&nbsp; 5.30%, 12/07/2033 |  | 126000 | &nbsp;&nbsp; 127818 |
| &nbsp;&nbsp;&nbsp; ERP Operating L.P., 4.95%, <br> 06/15/2032<br>|  | 102000 | &nbsp;&nbsp; 101622 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartments L.P., 5.30%, <br> 02/15/2032<br>|  | 174000 | &nbsp;&nbsp; 177735 |
| UDR, Inc., 5.13%, 09/01/2034 |  | 44000 | &nbsp;&nbsp; 42906 |
|  |  |  | &nbsp;&nbsp; 479948 |
| **Multi-line Insurance–0.46%** | **Multi-line Insurance–0.46%** | **Multi-line Insurance–0.46%** | **Multi-line Insurance–0.46%** |
| &nbsp;&nbsp;&nbsp; Acrisure LLC/Acrisure Finance, Inc., <br> 7.50%, 11/06/2030<sup>(b)</sup> <br>|  | 136000 | &nbsp;&nbsp; 140426 |
| Allianz SE (Germany), 3.50%<sup>(b)(c)(e)</sup> <br>|  | 400000 | &nbsp;&nbsp; 389662 |
| &nbsp;&nbsp;&nbsp; American International Group, Inc., <br> 4.85%, 05/07/2030<br>|  | 72000 | &nbsp;&nbsp; 72321 |
| &nbsp;&nbsp;&nbsp; MassMutual Global Funding II, 4.55%, <br> 05/07/2030<sup>(b)</sup> <br>|  | 238000 | &nbsp;&nbsp; 237718 |
|  |  |  | &nbsp;&nbsp; 840127 |
| **Multi-Utilities–1.24%** | **Multi-Utilities–1.24%** | **Multi-Utilities–1.24%** | **Multi-Utilities–1.24%** |
| &nbsp;&nbsp;&nbsp; Ameren Illinois Co., 4.95%, <br> 06/01/2033<br>|  | 70000 | &nbsp;&nbsp; 69836 |
| &nbsp;&nbsp;&nbsp; Black Hills Corp., 6.15%, <br> 05/15/2034<br>|  | 193000 | &nbsp;&nbsp; 198720 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy, Inc., 6.70%, <br> 05/15/2055<sup>(c)</sup> <br>|  | 90000 | &nbsp;&nbsp; 90050 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp., 6.50%, <br> 06/01/2055<sup>(c)</sup> <br>|  | 100000 | &nbsp;&nbsp; 98935 |
| &nbsp;&nbsp;&nbsp; Dominion Energy, Inc., 5.38%, <br> 11/15/2032<br>|  | 175000 | &nbsp;&nbsp; 176991 |
| DTE Electric Co., | DTE Electric Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/01/2034 |  | 68000 | &nbsp;&nbsp; 68268 |
| &nbsp;&nbsp;&nbsp; 5.85%, 05/15/2055 |  | 39000 | &nbsp;&nbsp; 38930 |
| DTE Energy Co., | DTE Energy Co., |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 07/01/2027 |  | 43000 | &nbsp;&nbsp; 43359 |
| &nbsp;&nbsp;&nbsp; 5.85%, 06/01/2034 |  | 39000 | &nbsp;&nbsp; 40213 |
| ENGIE S.A. (France), | ENGIE S.A. (France), |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/10/2029<sup>(b)</sup> <br>|  | 205000 | &nbsp;&nbsp; 208782 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/10/2034<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202638 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/10/2054<sup>(b)</sup> <br>|  | 205000 | &nbsp;&nbsp; 195845 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Multi-Utilities–(continued)** | **Multi-Utilities–(continued)** | **Multi-Utilities–(continued)** | **Multi-Utilities–(continued)** |
| NiSource, Inc., | NiSource, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/30/2028 |  | $14000 | &nbsp;&nbsp; $14274 |
| &nbsp;&nbsp;&nbsp; 5.35%, 04/01/2034 |  | 118000 | &nbsp;&nbsp; 118432 |
| &nbsp;&nbsp;&nbsp; 5.85%, 04/01/2055 |  | 92000 | &nbsp;&nbsp; 88967 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, Inc., <br> 6.13%, 10/15/2033<br>|  | 134000 | &nbsp;&nbsp; 140534 |
| Sempra, | Sempra, |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 10/01/2054<sup>(c)</sup> <br>|  | 144000 | &nbsp;&nbsp; 140754 |
| &nbsp;&nbsp;&nbsp; 6.55%, 04/01/2055<sup>(c)</sup> <br>|  | 185000 | &nbsp;&nbsp; 173562 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/01/2055<sup>(c)</sup> <br>|  | 139000 | &nbsp;&nbsp; 131142 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc., 4.75%, <br> 01/15/2028<br>|  | 45000 | &nbsp;&nbsp; 45461 |
|  |  |  | &nbsp;&nbsp; 2285693 |
| **Office REITs–0.49%** | **Office REITs–0.49%** | **Office REITs–0.49%** | **Office REITs–0.49%** |
| Brandywine Operating Partnership L.P., | Brandywine Operating Partnership L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 8.30%, 03/15/2028 |  | 320000 | &nbsp;&nbsp; 335694 |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/12/2029 |  | 190000 | &nbsp;&nbsp; 202512 |
| Cousins Properties L.P., | Cousins Properties L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/2030 |  | 223000 | &nbsp;&nbsp; 224508 |
| &nbsp;&nbsp;&nbsp; 5.38%, 02/15/2032 |  | 43000 | &nbsp;&nbsp; 42742 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/01/2034 |  | 103000 | &nbsp;&nbsp; 103988 |
|  |  |  | &nbsp;&nbsp; 909444 |
| **Oil & Gas Drilling–0.13%** | **Oil & Gas Drilling–0.13%** | **Oil & Gas Drilling–0.13%** | **Oil & Gas Drilling–0.13%** |
| &nbsp;&nbsp;&nbsp; Delek Logistics Partners L.P./Delek <br> Logistics Finance Corp., 7.13%, <br> 06/01/2028<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 90677 |
| &nbsp;&nbsp;&nbsp; Summit Midstream Holdings LLC, <br> 8.63%, 10/31/2029<sup>(b)</sup> <br>|  | 92000 | &nbsp;&nbsp; 92276 |
| &nbsp;&nbsp;&nbsp; Transocean, Inc., 8.75%, <br> 02/15/2030<sup>(b)</sup> <br>|  | 54400 | &nbsp;&nbsp; 55192 |
|  |  |  | &nbsp;&nbsp; 238145 |
| **Oil & Gas Exploration & Production–0.86%** | **Oil & Gas Exploration & Production–0.86%** | **Oil & Gas Exploration & Production–0.86%** | **Oil & Gas Exploration & Production–0.86%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR L.P./Aethon United <br> Finance Corp., 7.50%, <br> 10/01/2029<sup>(b)</sup> <br>|  | 255000 | &nbsp;&nbsp; 261499 |
| &nbsp;&nbsp;&nbsp; Comstock Resources, Inc., 6.75%, <br> 03/01/2029<sup>(b)</sup> <br>|  | 92000 | &nbsp;&nbsp; 90759 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips Co., 5.70%, <br> 09/15/2063<br>|  | 55000 | &nbsp;&nbsp; 50714 |
| Diamondback Energy, Inc., | Diamondback Energy, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.15%, 01/30/2030 |  | 65000 | &nbsp;&nbsp; 65804 |
| &nbsp;&nbsp;&nbsp; 5.90%, 04/18/2064 |  | 56000 | &nbsp;&nbsp; 50162 |
| &nbsp;&nbsp;&nbsp; Expand Energy Corp., 5.38%, <br> 03/15/2030<br>|  | 38000 | &nbsp;&nbsp; 37823 |
| Hilcorp Energy I L.P./Hilcorp Finance Co., | Hilcorp Energy I L.P./Hilcorp Finance Co., |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/2034<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 51696 |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/2035<sup>(b)</sup> <br>|  | 63000 | &nbsp;&nbsp; 58433 |
| &nbsp;&nbsp;&nbsp; Kimmeridge Texas Gas LLC, 8.50%, <br> 02/15/2030<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 89036 |
| &nbsp;&nbsp;&nbsp; Transocean Titan Financing Ltd., <br> 8.38%, 02/01/2028<sup>(b)</sup> <br>|  | 132095 | &nbsp;&nbsp; 134248 |
| &nbsp;&nbsp;&nbsp; Uzbekneftegaz JSC (Uzbekistan), <br> 4.75%, 11/16/2028<sup>(b)</sup> <br>|  | 278000 | &nbsp;&nbsp; 251295 |
| Var Energi ASA (Norway), | Var Energi ASA (Norway), |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/22/2030<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202368 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/22/2035<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202058 |
| &nbsp;&nbsp;&nbsp; Woodside Finance Ltd. (Australia), <br> 5.70%, 05/19/2032<br>|  | 28000 | &nbsp;&nbsp; 27967 |
|  |  |  | &nbsp;&nbsp; 1573862 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Oil & Gas Refining & Marketing–0.45%** | **Oil & Gas Refining & Marketing–0.45%** | **Oil & Gas Refining & Marketing–0.45%** | **Oil & Gas Refining & Marketing–0.45%** |
| &nbsp;&nbsp;&nbsp; Empresa Nacional del Petroleo (Chile), <br> 5.95%, 07/30/2034<sup>(b)</sup> <br>|  | $210000 | &nbsp;&nbsp; $210790 |
| Phillips 66 Co., 5.30%, 06/30/2033 |  | 121000 | &nbsp;&nbsp; 120518 |
| Raizen Fuels Finance S.A. (Brazil), | Raizen Fuels Finance S.A. (Brazil), |  |  |
| &nbsp;&nbsp;&nbsp; 6.70%, 02/25/2037<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 193466 |
| &nbsp;&nbsp;&nbsp; 6.95%, 03/05/2054<sup>(b)</sup> <br>|  | 225000 | &nbsp;&nbsp; 206707 |
| Sunoco L.P., 6.25%, 07/01/2033<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 95075 |
|  |  |  | &nbsp;&nbsp; 826556 |
| **Oil & Gas Storage & Transportation–4.10%** | **Oil & Gas Storage & Transportation–4.10%** | **Oil & Gas Storage & Transportation–4.10%** | **Oil & Gas Storage & Transportation–4.10%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners L.P./Antero <br> Midstream Finance Corp., 6.63%, <br> 02/01/2032<sup>(b)</sup> <br>|  | 289000 | &nbsp;&nbsp; 295409 |
| &nbsp;&nbsp;&nbsp; Columbia Pipelines Operating Co. LLC, <br> 5.70%, 10/01/2054<sup>(b)</sup> <br>|  | 135000 | &nbsp;&nbsp; 120985 |
| &nbsp;&nbsp;&nbsp; Eastern Energy Gas Holdings LLC, <br> 5.65%, 10/15/2054<br>|  | 59000 | &nbsp;&nbsp; 54462 |
| &nbsp;&nbsp;&nbsp; El Paso Natural Gas Co. LLC, 8.38%, <br> 06/15/2032<br>|  | 44000 | &nbsp;&nbsp; 50658 |
| Enbridge, Inc. (Canada), | Enbridge, Inc. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 03/08/2033 |  | 114000 | &nbsp;&nbsp; 116321 |
| &nbsp;&nbsp;&nbsp; 7.63%, 01/15/2083<sup>(c)</sup> <br>|  | 129000 | &nbsp;&nbsp; 133875 |
| &nbsp;&nbsp;&nbsp; Series NC5, 8.25%, 01/15/2084<sup>(c)</sup> <br>|  | 123000 | &nbsp;&nbsp; 129246 |
| Energy Transfer L.P., | Energy Transfer L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.55%, 02/15/2028 |  | 14000 | &nbsp;&nbsp; 14345 |
| &nbsp;&nbsp;&nbsp; 6.40%, 12/01/2030 |  | 14000 | &nbsp;&nbsp; 14889 |
| &nbsp;&nbsp;&nbsp; 5.55%, 05/15/2034 |  | 100000 | &nbsp;&nbsp; 99332 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/2050 |  | 117000 | &nbsp;&nbsp; 94675 |
| &nbsp;&nbsp;&nbsp; 5.95%, 05/15/2054 |  | 136000 | &nbsp;&nbsp; 124319 |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/15/2054<sup>(c)</sup> <br>|  | 148000 | &nbsp;&nbsp; 155271 |
| &nbsp;&nbsp;&nbsp; 6.05%, 09/01/2054 |  | 181000 | &nbsp;&nbsp; 167492 |
| &nbsp;&nbsp;&nbsp; 7.13%, 10/01/2054<sup>(c)</sup> <br>|  | 450000 | &nbsp;&nbsp; 453889 |
| Enterprise Products Operating LLC, | Enterprise Products Operating LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.35%, 01/31/2033 |  | 17000 | &nbsp;&nbsp; 17338 |
| &nbsp;&nbsp;&nbsp; 4.20%, 01/31/2050 |  | 118000 | &nbsp;&nbsp; 90423 |
| &nbsp;&nbsp;&nbsp; Series D, <br>6.88%, 03/01/2033<br>|  | 35000 | &nbsp;&nbsp; 38677 |
| &nbsp;&nbsp;&nbsp; 7.57% (3 mo. Term SOFR + <br> 3.25%), 08/16/2077<sup>(d)</sup> <br>|  | 127000 | &nbsp;&nbsp; 125640 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy L.P., 8.00%, <br> 05/15/2030<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 93238 |
| &nbsp;&nbsp;&nbsp; Florida Gas Transmission Co. LLC, <br> 5.75%, 07/15/2035<sup>(b)</sup> <br>|  | 315000 | &nbsp;&nbsp; 317113 |
| &nbsp;&nbsp;&nbsp; Genesis Energy L.P./Genesis Energy Finance <br> Corp., | &nbsp;&nbsp;&nbsp; Genesis Energy L.P./Genesis Energy Finance <br> Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/15/2032 |  | 28000 | &nbsp;&nbsp; 28379 |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/15/2033 |  | 63000 | &nbsp;&nbsp; 63981 |
| &nbsp;&nbsp;&nbsp; GreenSaif Pipelines Bidco S.a.r.l. (Saudi <br> Arabia), | &nbsp;&nbsp;&nbsp; GreenSaif Pipelines Bidco S.a.r.l. (Saudi <br> Arabia), |  |  |
| &nbsp;&nbsp;&nbsp; 5.85%, 02/23/2036<sup>(b)</sup> <br>|  | 205000 | &nbsp;&nbsp; 205412 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/23/2038<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203499 |
| &nbsp;&nbsp;&nbsp; 6.51%, 02/23/2042<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 204693 |
| &nbsp;&nbsp;&nbsp; 6.10%, 08/23/2042<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 196665 |
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy <br> Partners LLC, 7.38%, <br> 07/15/2032<sup>(b)</sup> <br>|  | 81000 | &nbsp;&nbsp; 83889 |
| Kinder Morgan, Inc., | Kinder Morgan, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.15%, 06/01/2030 |  | 58000 | &nbsp;&nbsp; 58564 |
| &nbsp;&nbsp;&nbsp; 7.80%, 08/01/2031 |  | 61000 | &nbsp;&nbsp; 69370 |
| &nbsp;&nbsp;&nbsp; 5.20%, 06/01/2033 |  | 7000 | &nbsp;&nbsp; 6911 |
| &nbsp;&nbsp;&nbsp; 5.85%, 06/01/2035 |  | 58000 | &nbsp;&nbsp; 58811 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** |
| MPLX L.P., | MPLX L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 02/15/2029 |  | $68000 | &nbsp;&nbsp; $68246 |
| &nbsp;&nbsp;&nbsp; 4.70%, 04/15/2048 |  | 129000 | &nbsp;&nbsp; 101549 |
| &nbsp;&nbsp;&nbsp; 5.50%, 02/15/2049 |  | 177000 | &nbsp;&nbsp; 155617 |
| &nbsp;&nbsp;&nbsp; 4.95%, 03/14/2052 |  | 162000 | &nbsp;&nbsp; 130905 |
| &nbsp;&nbsp;&nbsp; 5.65%, 03/01/2053 |  | 20000 | &nbsp;&nbsp; 17729 |
| &nbsp;&nbsp;&nbsp; NFE Financing LLC, 12.00%, <br> 11/15/2029<sup>(b)</sup> <br>|  | 33000 | &nbsp;&nbsp; 14188 |
| &nbsp;&nbsp;&nbsp; NGL Energy Operating LLC/NGL Energy <br> Finance Corp., 8.38%, <br> 02/15/2032<sup>(b)</sup> <br>|  | 151000 | &nbsp;&nbsp; 142911 |
| Northern Natural Gas Co., | Northern Natural Gas Co., |  |  |
| &nbsp;&nbsp;&nbsp; 3.40%, 10/16/2051<sup>(b)</sup> <br>|  | 22000 | &nbsp;&nbsp; 14121 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/01/2054<sup>(b)</sup> <br>|  | 36000 | &nbsp;&nbsp; 33469 |
| &nbsp;&nbsp;&nbsp; ONEOK Partners L.P., 6.85%, <br> 10/15/2037<br>|  | 139000 | &nbsp;&nbsp; 146942 |
| ONEOK, Inc., | ONEOK, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.65%, 11/01/2028 |  | 21000 | &nbsp;&nbsp; 21621 |
| &nbsp;&nbsp;&nbsp; 4.40%, 10/15/2029 |  | 88000 | &nbsp;&nbsp; 86626 |
| &nbsp;&nbsp;&nbsp; 5.80%, 11/01/2030 |  | 14000 | &nbsp;&nbsp; 14505 |
| &nbsp;&nbsp;&nbsp; 6.35%, 01/15/2031 |  | 149000 | &nbsp;&nbsp; 157297 |
| &nbsp;&nbsp;&nbsp; 6.10%, 11/15/2032 |  | 43000 | &nbsp;&nbsp; 44749 |
| &nbsp;&nbsp;&nbsp; 6.05%, 09/01/2033 |  | 132000 | &nbsp;&nbsp; 135505 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/01/2053 |  | 189000 | &nbsp;&nbsp; 190793 |
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline L.P./PAA <br> Finance Corp., 3.55%, <br> 12/15/2029<br>|  | 16000 | &nbsp;&nbsp; 15137 |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror L.P., 9.00%, <br> 08/01/2029<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 91569 |
| &nbsp;&nbsp;&nbsp; South Bow Canadian Infrastructure Holdings <br> Ltd. (Canada), | &nbsp;&nbsp;&nbsp; South Bow Canadian Infrastructure Holdings <br> Ltd. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 7.50%, 03/01/2055<sup>(b)(c)</sup> <br>|  | 100000 | &nbsp;&nbsp; 99816 |
| &nbsp;&nbsp;&nbsp; 7.63%, 03/01/2055<sup>(b)(c)</sup> <br>|  | 177000 | &nbsp;&nbsp; 178829 |
| &nbsp;&nbsp;&nbsp; South Bow USA Infrastructure Holdings LLC <br> (Canada), | &nbsp;&nbsp;&nbsp; South Bow USA Infrastructure Holdings LLC <br> (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 5.58%, 10/01/2034<sup>(b)</sup> <br>|  | 42000 | &nbsp;&nbsp; 40447 |
| &nbsp;&nbsp;&nbsp; 6.18%, 10/01/2054<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 92929 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners <br> L.P./Tallgrass Energy Finance Corp., <br> 7.38%, 02/15/2029<sup>(b)</sup> <br>|  | 329000 | &nbsp;&nbsp; 334926 |
| Targa Resources Corp., | Targa Resources Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 07/01/2027 |  | 61000 | &nbsp;&nbsp; 61599 |
| &nbsp;&nbsp;&nbsp; 5.50%, 02/15/2035 |  | 52000 | &nbsp;&nbsp; 50894 |
| &nbsp;&nbsp;&nbsp; 6.25%, 07/01/2052 |  | 126000 | &nbsp;&nbsp; 120468 |
| Venture Global LNG, Inc., | Venture Global LNG, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/01/2029<sup>(b)</sup> <br>|  | 199000 | &nbsp;&nbsp; 212884 |
| &nbsp;&nbsp;&nbsp; 9.88%, 02/01/2032<sup>(b)</sup> <br>|  | 254000 | &nbsp;&nbsp; 270376 |
| &nbsp;&nbsp;&nbsp; 9.00%<sup>(b)(c)(e)</sup> <br>|  | 132000 | &nbsp;&nbsp; 124627 |
| Western Midstream Operating L.P., | Western Midstream Operating L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 6.15%, 04/01/2033 |  | 88000 | &nbsp;&nbsp; 89941 |
| &nbsp;&nbsp;&nbsp; 5.45%, 11/15/2034 |  | 49000 | &nbsp;&nbsp; 47062 |
| Williams Cos., Inc. (The), | Williams Cos., Inc. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 5.30%, 08/15/2028 |  | 131000 | &nbsp;&nbsp; 133949 |
| &nbsp;&nbsp;&nbsp; 4.80%, 11/15/2029 |  | 65000 | &nbsp;&nbsp; 65383 |
| &nbsp;&nbsp;&nbsp; 4.65%, 08/15/2032 |  | 13000 | &nbsp;&nbsp; 12586 |
| &nbsp;&nbsp;&nbsp; 5.65%, 03/15/2033 |  | 16000 | &nbsp;&nbsp; 16392 |
| &nbsp;&nbsp;&nbsp; 5.80%, 11/15/2054 |  | 61000 | &nbsp;&nbsp; 57803 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/15/2055 |  | 63000 | &nbsp;&nbsp; 61263 |
|  |  |  | &nbsp;&nbsp; 7543424 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Other Specialized REITs–0.16%** | **Other Specialized REITs–0.16%** | **Other Specialized REITs–0.16%** | **Other Specialized REITs–0.16%** |
| Iron Mountain, Inc., | Iron Mountain, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/2029<sup>(b)</sup> <br>|  | $100000 | &nbsp;&nbsp; $103383 |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/2031<sup>(b)</sup> <br>|  | 99000 | &nbsp;&nbsp; 92859 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/2033<sup>(b)</sup> <br>|  | 93000 | &nbsp;&nbsp; 93947 |
|  |  |  | &nbsp;&nbsp; 290189 |
| **Other Specialty Retail–0.07%** | **Other Specialty Retail–0.07%** | **Other Specialty Retail–0.07%** | **Other Specialty Retail–0.07%** |
| &nbsp;&nbsp;&nbsp; Bath & Body Works, Inc., 6.63%, <br> 10/01/2030<sup>(b)</sup> <br>|  | 91000 | &nbsp;&nbsp; 93018 |
| &nbsp;&nbsp;&nbsp; Tractor Supply Co., 5.25%, <br> 05/15/2033<br>|  | 37000 | &nbsp;&nbsp; 36944 |
|  |  |  | &nbsp;&nbsp; 129962 |
| **Packaged Foods & Meats–0.70%** | **Packaged Foods & Meats–0.70%** | **Packaged Foods & Meats–0.70%** | **Packaged Foods & Meats–0.70%** |
| &nbsp;&nbsp;&nbsp; J.M. Smucker Co. (The), 6.20%, <br> 11/15/2033<br>|  | 63000 | &nbsp;&nbsp; 66907 |
| Lamb Weston Holdings, Inc., | Lamb Weston Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 01/31/2030<sup>(b)</sup> <br>|  | 63000 | &nbsp;&nbsp; 59481 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/31/2032<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 94170 |
| Mars, Inc., | Mars, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 03/01/2030<sup>(b)</sup> <br>|  | 118000 | &nbsp;&nbsp; 118779 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/01/2032<sup>(b)</sup> <br>|  | 106000 | &nbsp;&nbsp; 106405 |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/01/2035<sup>(b)</sup> <br>|  | 289000 | &nbsp;&nbsp; 288025 |
| &nbsp;&nbsp;&nbsp; 5.65%, 05/01/2045<sup>(b)</sup> <br>|  | 55000 | &nbsp;&nbsp; 53989 |
| &nbsp;&nbsp;&nbsp; 5.70%, 05/01/2055<sup>(b)</sup> <br>|  | 212000 | &nbsp;&nbsp; 205816 |
| &nbsp;&nbsp;&nbsp; 5.80%, 05/01/2065<sup>(b)</sup> <br>|  | 145000 | &nbsp;&nbsp; 140786 |
| &nbsp;&nbsp;&nbsp; McCormick & Co., Inc., 4.70%, <br> 10/15/2034<br>|  | 79000 | &nbsp;&nbsp; 75052 |
| The Campbell's Company, | The Campbell's Company, |  |  |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/21/2029 |  | 2000 | &nbsp;&nbsp; 2036 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/13/2054 |  | 78000 | &nbsp;&nbsp; 68713 |
|  |  |  | &nbsp;&nbsp; 1280159 |
| **Paper & Plastic Packaging Products & Materials–0.27%** | **Paper & Plastic Packaging Products & Materials–0.27%** | **Paper & Plastic Packaging Products & Materials–0.27%** | **Paper & Plastic Packaging Products & Materials–0.27%** |
| &nbsp;&nbsp;&nbsp; Cascades, Inc./Cascades USA, Inc. <br> (Canada), 6.75%, 07/15/2030<sup>(b)</sup> <br>|  | 98000 | &nbsp;&nbsp; 98687 |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings, Inc., <br> 6.75%, 04/15/2032<sup>(b)</sup> <br>|  | 182000 | &nbsp;&nbsp; 184062 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging International LLC, <br> 6.38%, 07/15/2032<sup>(b)</sup> <br>|  | 67000 | &nbsp;&nbsp; 67183 |
| Sealed Air Corp., | Sealed Air Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/2029<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 93342 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/15/2033<sup>(b)</sup> <br>|  | 44000 | &nbsp;&nbsp; 46126 |
|  |  |  | &nbsp;&nbsp; 489400 |
| **Paper Products–0.00%** | **Paper Products–0.00%** | **Paper Products–0.00%** | **Paper Products–0.00%** |
| &nbsp;&nbsp;&nbsp; Magnera Corp., 7.25%, <br> 11/15/2031<sup>(b)</sup> <br>|  | 5000 | &nbsp;&nbsp; 4579 |
| **Passenger Airlines–0.89%** | **Passenger Airlines–0.89%** | **Passenger Airlines–0.89%** | **Passenger Airlines–0.89%** |
| American Airlines Pass-Through Trust, | American Airlines Pass-Through Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class B, 3.95%, <br> 07/11/2030<br>|  | 78275 | &nbsp;&nbsp; 73415 |
| &nbsp;&nbsp;&nbsp; Series 2021-1, Class A, 2.88%, <br> 07/11/2034<br>|  | 121232 | &nbsp;&nbsp; 105820 |
| &nbsp;&nbsp;&nbsp; American Airlines, Inc./AAdvantage <br> Loyalty IP Ltd., 5.75%, <br> 04/20/2029<sup>(b)</sup> <br>|  | 141000 | &nbsp;&nbsp; 138547 |
| AS Mileage Plan IP Ltd., | AS Mileage Plan IP Ltd., |  |  |
| &nbsp;&nbsp;&nbsp; 5.02%, 10/20/2029<sup>(b)</sup> <br>|  | 65000 | &nbsp;&nbsp; 63691 |
| &nbsp;&nbsp;&nbsp; 5.31%, 10/20/2031<sup>(b)</sup> <br>|  | 83000 | &nbsp;&nbsp; 80789 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Passenger Airlines–(continued)** | **Passenger Airlines–(continued)** | **Passenger Airlines–(continued)** | **Passenger Airlines–(continued)** |
| &nbsp;&nbsp;&nbsp; British Airways Pass-Through Trust <br> (United Kingdom), Series 2021-1, <br> Class A, 2.90%, 03/15/2035<sup>(b)</sup> <br>|  | $84724 | &nbsp;&nbsp; $75820 |
| Delta Air Lines, Inc./SkyMiles IP Ltd., | Delta Air Lines, Inc./SkyMiles IP Ltd., |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/20/2025<sup>(b)</sup> <br>|  | 20738 | &nbsp;&nbsp; 20661 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/20/2028<sup>(b)</sup> <br>|  | 169154 | &nbsp;&nbsp; 168552 |
| United Airlines Pass-Through Trust, | United Airlines Pass-Through Trust, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016-1, Class B, 3.65%, <br> 01/07/2026<br>|  | 159384 | &nbsp;&nbsp; 157280 |
| &nbsp;&nbsp;&nbsp; Series 2020-1, Class A, 5.88%, <br> 10/15/2027<br>|  | 77114 | &nbsp;&nbsp; 78556 |
| &nbsp;&nbsp;&nbsp; Series 2018-1, Class AA, 3.50%, <br> 03/01/2030<br>|  | 95921 | &nbsp;&nbsp; 89982 |
| &nbsp;&nbsp;&nbsp; Series 2019-1, Class A, 4.55%, <br> 08/25/2031<br>|  | 124506 | &nbsp;&nbsp; 114880 |
| &nbsp;&nbsp;&nbsp; Series 2019-1, Class AA, 4.15%, <br> 08/25/2031<br>|  | 188069 | &nbsp;&nbsp; 177989 |
| &nbsp;&nbsp;&nbsp; Series 24-A, 5.88%, 02/15/2037 |  | 148694 | &nbsp;&nbsp; 145972 |
| &nbsp;&nbsp;&nbsp; Series AA, 5.45%, 02/15/2037 |  | 139773 | &nbsp;&nbsp; 139316 |
|  |  |  | &nbsp;&nbsp; 1631270 |
| **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** |
| &nbsp;&nbsp;&nbsp; Hertz Corp. (The), 12.63%, <br> 07/15/2029<sup>(b)</sup> <br>|  | 10000 | &nbsp;&nbsp; 10192 |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc., 5.35%, <br> 09/15/2054<br>|  | 107000 | &nbsp;&nbsp; 97243 |
|  |  |  | &nbsp;&nbsp; 107435 |
| **Personal Care Products–0.32%** | **Personal Care Products–0.32%** | **Personal Care Products–0.32%** | **Personal Care Products–0.32%** |
| Kenvue, Inc., | Kenvue, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.05%, 03/22/2028 |  | 39000 | &nbsp;&nbsp; 39995 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/22/2030 |  | 77000 | &nbsp;&nbsp; 78869 |
| &nbsp;&nbsp;&nbsp; 4.90%, 03/22/2033 |  | 149000 | &nbsp;&nbsp; 149547 |
| &nbsp;&nbsp;&nbsp; 5.10%, 03/22/2043 |  | 61000 | &nbsp;&nbsp; 57683 |
| &nbsp;&nbsp;&nbsp; 5.20%, 03/22/2063 |  | 62000 | &nbsp;&nbsp; 56241 |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS (France), 6.50%, <br> 03/31/2032<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 199967 |
|  |  |  | &nbsp;&nbsp; 582302 |
| **Pharmaceuticals–0.72%** | **Pharmaceuticals–0.72%** | **Pharmaceuticals–0.72%** | **Pharmaceuticals–0.72%** |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., 10.00%, <br> 04/15/2032<sup>(b)</sup> <br>|  | 65000 | &nbsp;&nbsp; 64392 |
| &nbsp;&nbsp;&nbsp; AstraZeneca Finance LLC (United <br> Kingdom), 4.90%, 02/26/2031<br>|  | 119000 | &nbsp;&nbsp; 121286 |
| &nbsp;&nbsp;&nbsp; Bausch Health Cos., Inc., 11.00%, <br> 09/30/2028<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 25928 |
| Bristol-Myers Squibb Co., | Bristol-Myers Squibb Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.90%, 11/15/2033 |  | 4000 | &nbsp;&nbsp; 4243 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/15/2053 |  | 2000 | &nbsp;&nbsp; 2085 |
| &nbsp;&nbsp;&nbsp; 6.40%, 11/15/2063 |  | 3000 | &nbsp;&nbsp; 3162 |
| Eli Lilly and Co., | Eli Lilly and Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/09/2054 |  | 2000 | &nbsp;&nbsp; 1816 |
| &nbsp;&nbsp;&nbsp; 5.10%, 02/09/2064 |  | 123000 | &nbsp;&nbsp; 110884 |
| &nbsp;&nbsp;&nbsp; 5.20%, 08/14/2064 |  | 51000 | &nbsp;&nbsp; 46999 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings, Inc., 8.50%, <br> 04/15/2031<sup>(b)</sup> <br>|  | 86000 | &nbsp;&nbsp; 89124 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc., 5.15%, <br> 05/17/2063<br>|  | 35000 | &nbsp;&nbsp; 31511 |
| Novartis Capital Corp., | Novartis Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/18/2031 |  | 99000 | &nbsp;&nbsp; 96410 |
| &nbsp;&nbsp;&nbsp; 4.20%, 09/18/2034 |  | 132000 | &nbsp;&nbsp; 125036 |
| &nbsp;&nbsp;&nbsp; 4.70%, 09/18/2054 |  | 98000 | &nbsp;&nbsp; 85367 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Pharmaceuticals–(continued)** | **Pharmaceuticals–(continued)** | **Pharmaceuticals–(continued)** | **Pharmaceuticals–(continued)** |
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte. Ltd., <br> 4.75%, 05/19/2033<br>|  | $6000 | &nbsp;&nbsp; $5903 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance <br> Netherlands IV B.V. (Israel), 5.75%, <br> 12/01/2030<br>|  | 300000 | &nbsp;&nbsp; 303371 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceuticals Finance <br> Netherlands B.V. (Israel), 6.00%, <br> 12/01/2032<br>|  | 214000 | &nbsp;&nbsp; 216102 |
|  |  |  | &nbsp;&nbsp; 1333619 |
| **Property & Casualty Insurance–0.20%** | **Property & Casualty Insurance–0.20%** | **Property & Casualty Insurance–0.20%** | **Property & Casualty Insurance–0.20%** |
| &nbsp;&nbsp;&nbsp; Fairfax Financial Holdings Ltd. <br> (Canada), 6.10%, 03/15/2055<br>|  | 206000 | &nbsp;&nbsp; 195752 |
| Markel Group, Inc., 6.00%<sup>(c)(e)</sup> <br>|  | 115000 | &nbsp;&nbsp; 115000 |
| &nbsp;&nbsp;&nbsp; Travelers Cos., Inc. (The), 5.45%, <br> 05/25/2053<br>|  | 53000 | &nbsp;&nbsp; 50749 |
|  |  |  | &nbsp;&nbsp; 361501 |
| **Rail Transportation–0.51%** | **Rail Transportation–0.51%** | **Rail Transportation–0.51%** | **Rail Transportation–0.51%** |
| &nbsp;&nbsp;&nbsp; Burlington Northern Santa Fe LLC, <br> 5.20%, 04/15/2054<br>|  | 167000 | &nbsp;&nbsp; 155161 |
| &nbsp;&nbsp;&nbsp; Canadian Pacific Railway Co. (Canada), <br> 5.20%, 03/30/2035<br>|  | 118000 | &nbsp;&nbsp; 117639 |
| Norfolk Southern Corp., | Norfolk Southern Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.05%, 08/01/2030 |  | 15000 | &nbsp;&nbsp; 15355 |
| &nbsp;&nbsp;&nbsp; 5.55%, 03/15/2034 |  | 71000 | &nbsp;&nbsp; 73066 |
| &nbsp;&nbsp;&nbsp; 5.10%, 05/01/2035 |  | 43000 | &nbsp;&nbsp; 42492 |
| &nbsp;&nbsp;&nbsp; 5.95%, 03/15/2064 |  | 93000 | &nbsp;&nbsp; 92507 |
| TTX Co., 5.05%, 11/15/2034<sup>(b)</sup> <br>|  | 277000 | &nbsp;&nbsp; 277220 |
| &nbsp;&nbsp;&nbsp; Union Pacific Corp., 5.15%, <br> 01/20/2063<br>|  | 186000 | &nbsp;&nbsp; 165182 |
|  |  |  | &nbsp;&nbsp; 938622 |
| **Real Estate Development–0.32%** | **Real Estate Development–0.32%** | **Real Estate Development–0.32%** | **Real Estate Development–0.32%** |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower <br> LLC, 8.88%, 09/01/2031<sup>(b)</sup> <br>|  | 85000 | &nbsp;&nbsp; 90974 |
| &nbsp;&nbsp;&nbsp; Greystar Real Estate Partners LLC, <br> 7.75%, 09/01/2030<sup>(b)</sup> <br>|  | 84000 | &nbsp;&nbsp; 89191 |
| Piedmont Operating Partnership L.P., | Piedmont Operating Partnership L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 9.25%, 07/20/2028 |  | 268000 | &nbsp;&nbsp; 296030 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/15/2029 |  | 105000 | &nbsp;&nbsp; 108732 |
|  |  |  | &nbsp;&nbsp; 584927 |
| **Regional Banks–0.33%** | **Regional Banks–0.33%** | **Regional Banks–0.33%** | **Regional Banks–0.33%** |
| Citizens Financial Group, Inc., | Citizens Financial Group, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 04/30/2030 |  | 11000 | &nbsp;&nbsp; 10161 |
| &nbsp;&nbsp;&nbsp; 5.64%, 05/21/2037<sup>(c)</sup> <br>|  | 121000 | &nbsp;&nbsp; 117699 |
| &nbsp;&nbsp;&nbsp; Huntington Bancshares, Inc., 4.44%, <br> 08/04/2028<sup>(c)</sup> <br>|  | 30000 | &nbsp;&nbsp; 29959 |
| &nbsp;&nbsp;&nbsp; Regions Financial Corp., 5.72%, <br> 06/06/2030<sup>(c)</sup> <br>|  | 90000 | &nbsp;&nbsp; 92068 |
| &nbsp;&nbsp;&nbsp; Synovus Financial Corp., 6.17%, <br> 11/01/2030<sup>(c)</sup> <br>|  | 50000 | &nbsp;&nbsp; 50672 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp., Series P, <br> 4.95%<sup>(c)(e)</sup> <br>|  | 47000 | &nbsp;&nbsp; 46810 |
| &nbsp;&nbsp;&nbsp; Zions Bancorporation N.A., 6.82%, <br> 11/19/2035<sup>(c)</sup> <br>|  | 253000 | &nbsp;&nbsp; 255168 |
|  |  |  | &nbsp;&nbsp; 602537 |
| **Reinsurance–0.42%** | **Reinsurance–0.42%** | **Reinsurance–0.42%** | **Reinsurance–0.42%** |
| &nbsp;&nbsp;&nbsp; Fortitude Group Holdings LLC, 6.25%, <br> 04/01/2030<sup>(b)</sup> <br>|  | 75000 | &nbsp;&nbsp; 75984 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Reinsurance–(continued)** | **Reinsurance–(continued)** | **Reinsurance–(continued)** | **Reinsurance–(continued)** |
| Global Atlantic (Fin) Co., | Global Atlantic (Fin) Co., |  |  |
| &nbsp;&nbsp;&nbsp; 4.40%, 10/15/2029<sup>(b)</sup> <br>|  | $276000 | &nbsp;&nbsp; $265330 |
| &nbsp;&nbsp;&nbsp; 3.13%, 06/15/2031<sup>(b)</sup> <br>|  | 13000 | &nbsp;&nbsp; 11325 |
| &nbsp;&nbsp;&nbsp; 4.70%, 10/15/2051<sup>(b)(c)</sup> <br>|  | 98000 | &nbsp;&nbsp; 95084 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/2054<sup>(b)</sup> <br>|  | 212000 | &nbsp;&nbsp; 210279 |
| &nbsp;&nbsp;&nbsp; 7.95%, 10/15/2054<sup>(b)(c)</sup> <br>|  | 117000 | &nbsp;&nbsp; 120320 |
|  |  |  | &nbsp;&nbsp; 778322 |
| **Renewable Electricity–0.09%** | **Renewable Electricity–0.09%** | **Renewable Electricity–0.09%** | **Renewable Electricity–0.09%** |
| &nbsp;&nbsp;&nbsp; California Buyer Ltd./Atlantica <br> Sustainable Infrastructure PLC <br> (United Kingdom), 6.38%, <br> 02/15/2032<sup>(b)</sup> <br>|  | 131000 | &nbsp;&nbsp; 129612 |
| &nbsp;&nbsp;&nbsp; Idaho Power Co., 5.20%, <br> 08/15/2034<br>|  | 34000 | &nbsp;&nbsp; 34052 |
|  |  |  | &nbsp;&nbsp; 163664 |
| **Research & Consulting Services–0.02%** | **Research & Consulting Services–0.02%** | **Research & Consulting Services–0.02%** | **Research & Consulting Services–0.02%** |
| &nbsp;&nbsp;&nbsp; CACI International, Inc., 6.38%, <br> 06/15/2033<sup>(b)</sup> <br>|  | 30000 | &nbsp;&nbsp; 30621 |
| **Restaurants–0.34%** | **Restaurants–0.34%** | **Restaurants–0.34%** | **Restaurants–0.34%** |
| &nbsp;&nbsp;&nbsp; 1011778 BC ULC/New Red Finance, <br> Inc. (Canada), 5.63%, <br> 09/15/2029<sup>(b)</sup> <br>|  | 80000 | &nbsp;&nbsp; 80562 |
| &nbsp;&nbsp;&nbsp; Arcos Dorados B.V. (Brazil), 6.38%, <br> 01/29/2032<sup>(b)</sup> <br>|  | 245000 | &nbsp;&nbsp; 250341 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp., 4.95%, <br> 03/03/2035<br>|  | 129000 | &nbsp;&nbsp; 127244 |
| &nbsp;&nbsp;&nbsp; Raising Cane's Restaurants LLC, <br> 9.38%, 05/01/2029<sup>(b)</sup> <br>|  | 158000 | &nbsp;&nbsp; 167869 |
|  |  |  | &nbsp;&nbsp; 626016 |
| **Retail REITs–0.72%** | **Retail REITs–0.72%** | **Retail REITs–0.72%** | **Retail REITs–0.72%** |
| Agree L.P., | Agree L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/15/2034 |  | 65000 | &nbsp;&nbsp; 65570 |
| &nbsp;&nbsp;&nbsp; 5.60%, 06/15/2035 |  | 134000 | &nbsp;&nbsp; 134518 |
| &nbsp;&nbsp;&nbsp; Brixmor Operating Partnership L.P., <br> 5.75%, 02/15/2035<br>|  | 45000 | &nbsp;&nbsp; 45488 |
| Kimco Realty OP LLC, | Kimco Realty OP LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 2.25%, 12/01/2031 |  | 11000 | &nbsp;&nbsp; 9374 |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/01/2035 |  | 103000 | &nbsp;&nbsp; 98931 |
| Kite Realty Group L.P., | Kite Realty Group L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 4.95%, 12/15/2031 |  | 62000 | &nbsp;&nbsp; 61193 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/01/2034 |  | 27000 | &nbsp;&nbsp; 26869 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust, 4.75%, <br> 09/15/2030<br>|  | 52000 | &nbsp;&nbsp; 51283 |
| NNN REIT, Inc., | NNN REIT, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 10/15/2033 |  | 50000 | &nbsp;&nbsp; 50820 |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/2034 |  | 58000 | &nbsp;&nbsp; 58094 |
| Realty Income Corp., | Realty Income Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 4.85%, 03/15/2030 |  | 13000 | &nbsp;&nbsp; 13114 |
| &nbsp;&nbsp;&nbsp; 5.63%, 10/13/2032 |  | 74000 | &nbsp;&nbsp; 76563 |
| &nbsp;&nbsp;&nbsp; 5.13%, 04/15/2035 |  | 55000 | &nbsp;&nbsp; 54393 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/01/2054 |  | 33000 | &nbsp;&nbsp; 30935 |
| Regency Centers L.P., | Regency Centers L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/15/2028 |  | 66000 | &nbsp;&nbsp; 65651 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/2032 |  | 100000 | &nbsp;&nbsp; 99850 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/2034 |  | 66000 | &nbsp;&nbsp; 66093 |
| &nbsp;&nbsp;&nbsp; 5.10%, 01/15/2035 |  | 48000 | &nbsp;&nbsp; 47366 |
| &nbsp;&nbsp;&nbsp; Simon Property Group L.P., 4.75%, <br> 09/26/2034<br>|  | 280000 | &nbsp;&nbsp; 267668 |
|  |  |  | &nbsp;&nbsp; 1323773 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Security & Alarm Services–0.10%** | **Security & Alarm Services–0.10%** | **Security & Alarm Services–0.10%** | **Security & Alarm Services–0.10%** |
| Brink's Co. (The), | Brink's Co. (The), |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/2029<sup>(b)</sup> <br>|  | $85000 | &nbsp;&nbsp; $86787 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/2032<sup>(b)</sup> <br>|  | 90000 | &nbsp;&nbsp; 92400 |
|  |  |  | &nbsp;&nbsp; 179187 |
| **Self-Storage REITs–1.09%** | **Self-Storage REITs–1.09%** | **Self-Storage REITs–1.09%** | **Self-Storage REITs–1.09%** |
| Americold Realty Operating Partnership L.P., | Americold Realty Operating Partnership L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.60%, 05/15/2032 |  | 63000 | &nbsp;&nbsp; 62564 |
| &nbsp;&nbsp;&nbsp; 5.41%, 09/12/2034 |  | 73000 | &nbsp;&nbsp; 70181 |
| Extra Space Storage L.P., | Extra Space Storage L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 04/01/2028 |  | 22000 | &nbsp;&nbsp; 22621 |
| &nbsp;&nbsp;&nbsp; 2.55%, 06/01/2031 |  | 13000 | &nbsp;&nbsp; 11273 |
| &nbsp;&nbsp;&nbsp; 5.40%, 02/01/2034 |  | 133000 | &nbsp;&nbsp; 132288 |
| &nbsp;&nbsp;&nbsp; Goodman US Finance Six LLC <br> (Australia), 5.13%, 10/07/2034<sup>(b)</sup> <br>|  | 36000 | &nbsp;&nbsp; 35322 |
| Prologis L.P., | Prologis L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/2028 |  | 56000 | &nbsp;&nbsp; 56824 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/2031 |  | 274000 | &nbsp;&nbsp; 274957 |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/2033 |  | 170000 | &nbsp;&nbsp; 166564 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/2033 |  | 173000 | &nbsp;&nbsp; 169742 |
| &nbsp;&nbsp;&nbsp; 5.13%, 01/15/2034 |  | 80000 | &nbsp;&nbsp; 80106 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/2034 |  | 274000 | &nbsp;&nbsp; 270065 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/31/2035 |  | 165000 | &nbsp;&nbsp; 162126 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/2035 |  | 199000 | &nbsp;&nbsp; 197973 |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/2054 |  | 178000 | &nbsp;&nbsp; 163391 |
| Public Storage Operating Co., | Public Storage Operating Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 01/15/2029 |  | 12000 | &nbsp;&nbsp; 12321 |
| &nbsp;&nbsp;&nbsp; 5.35%, 08/01/2053 |  | 120000 | &nbsp;&nbsp; 112245 |
|  |  |  | &nbsp;&nbsp; 2000563 |
| **Semiconductors–1.10%** | **Semiconductors–1.10%** | **Semiconductors–1.10%** | **Semiconductors–1.10%** |
| Broadcom, Inc., 4.30%, 11/15/2032 |  | 115000 | &nbsp;&nbsp; 109884 |
| Foundry JV Holdco LLC, | Foundry JV Holdco LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/25/2031<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 202729 |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/25/2034<sup>(b)</sup> <br>|  | 451000 | &nbsp;&nbsp; 452498 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/25/2035<sup>(b)</sup> <br>|  | 333000 | &nbsp;&nbsp; 342872 |
| &nbsp;&nbsp;&nbsp; 6.20%, 01/25/2037<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 204649 |
| &nbsp;&nbsp;&nbsp; 6.30%, 01/25/2039<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 205618 |
| Micron Technology, Inc., | Micron Technology, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.30%, 01/15/2031 |  | 70000 | &nbsp;&nbsp; 70458 |
| &nbsp;&nbsp;&nbsp; 2.70%, 04/15/2032 |  | 14000 | &nbsp;&nbsp; 11940 |
| &nbsp;&nbsp;&nbsp; 5.65%, 11/01/2032 |  | 106000 | &nbsp;&nbsp; 107747 |
| &nbsp;&nbsp;&nbsp; 6.05%, 11/01/2035 |  | 295000 | &nbsp;&nbsp; 300929 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc., 3.00%, <br> 06/01/2031<br>|  | 11000 | &nbsp;&nbsp; 9585 |
|  |  |  | &nbsp;&nbsp; 2018909 |
| **Single-Family Residential REITs–0.24%** | **Single-Family Residential REITs–0.24%** | **Single-Family Residential REITs–0.24%** | **Single-Family Residential REITs–0.24%** |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent L.P., 5.50%, <br> 07/15/2034<br>|  | 140000 | &nbsp;&nbsp; 139474 |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA LLC/Ashton Woods <br> Finance Co., 6.63%, <br> 01/15/2028<sup>(b)</sup> <br>|  | 185000 | &nbsp;&nbsp; 185931 |
| Invitation Homes Operating Partnership L.P., | Invitation Homes Operating Partnership L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 2.30%, 11/15/2028 |  | 7000 | &nbsp;&nbsp; 6499 |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/01/2035 |  | 124000 | &nbsp;&nbsp; 118030 |
|  |  |  | &nbsp;&nbsp; 449934 |
| **Soft Drinks & Non-alcoholic Beverages–0.38%** | **Soft Drinks & Non-alcoholic Beverages–0.38%** | **Soft Drinks & Non-alcoholic Beverages–0.38%** | **Soft Drinks & Non-alcoholic Beverages–0.38%** |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. (The), 5.40%, <br> 05/13/2064<br>|  | 14000 | &nbsp;&nbsp; 13266 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Soft Drinks & Non-alcoholic Beverages–(continued)** | **Soft Drinks & Non-alcoholic Beverages–(continued)** | **Soft Drinks & Non-alcoholic Beverages–(continued)** | **Soft Drinks & Non-alcoholic Beverages–(continued)** |
| &nbsp;&nbsp;&nbsp; Coca-Cola FEMSA, S.A.B. de C.V. <br> (Mexico), 5.10%, 05/06/2035<br>|  | $299000 | &nbsp;&nbsp; $293316 |
| Keurig Dr Pepper, Inc., | Keurig Dr Pepper, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.35%, 05/15/2028 |  | 68000 | &nbsp;&nbsp; 67780 |
| &nbsp;&nbsp;&nbsp; 4.60%, 05/15/2030 |  | 236000 | &nbsp;&nbsp; 234992 |
| &nbsp;&nbsp;&nbsp; 5.15%, 05/15/2035 |  | 89000 | &nbsp;&nbsp; 87229 |
|  |  |  | &nbsp;&nbsp; 696583 |
| **Sovereign Debt–1.37%** | **Sovereign Debt–1.37%** | **Sovereign Debt–1.37%** | **Sovereign Debt–1.37%** |
| &nbsp;&nbsp;&nbsp; Banque Ouest Africaine de <br> Developpement (Supranational), <br> 5.00%, 07/27/2027<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 195715 |
| &nbsp;&nbsp;&nbsp; Costa Rica Government International <br> Bond (Costa Rica), 7.30%, <br> 11/13/2054<sup>(b)</sup> <br>|  | 255000 | &nbsp;&nbsp; 261216 |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond <br> (Dominican Republic), | &nbsp;&nbsp;&nbsp; Dominican Republic International Bond <br> (Dominican Republic), |  |  |
| &nbsp;&nbsp;&nbsp; 6.95%, 03/15/2037<sup>(b)</sup> <br>|  | 325000 | &nbsp;&nbsp; 326463 |
| &nbsp;&nbsp;&nbsp; 7.15%, 02/24/2055<sup>(b)</sup> <br>|  | 240000 | &nbsp;&nbsp; 235716 |
| &nbsp;&nbsp;&nbsp; Guatemala Government Bond <br> (Guatemala), 6.05%, <br> 08/06/2031<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200584 |
| &nbsp;&nbsp;&nbsp; Peruvian Government International <br> Bond (Peru), 5.38%, 02/08/2035<br>|  | 84000 | &nbsp;&nbsp; 82803 |
| &nbsp;&nbsp;&nbsp; Republic of Poland Government <br> International Bond (Poland), 5.38%, <br> 02/12/2035<br>|  | 305000 | &nbsp;&nbsp; 305148 |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond <br> (Romania), | &nbsp;&nbsp;&nbsp; Romanian Government International Bond <br> (Romania), |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 02/17/2028<sup>(b)</sup> <br>|  | 190000 | &nbsp;&nbsp; 194314 |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/30/2029<sup>(b)</sup> <br>|  | 124000 | &nbsp;&nbsp; 123597 |
| &nbsp;&nbsp;&nbsp; 7.13%, 01/17/2033<sup>(b)</sup> <br>|  | 150000 | &nbsp;&nbsp; 152395 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/24/2035<sup>(b)</sup> <br>|  | 220000 | &nbsp;&nbsp; 197758 |
| &nbsp;&nbsp;&nbsp; Trinidad & Tobago Government <br> International Bond (Trinidad), <br> 6.40%, 06/26/2034<sup>(b)</sup> <br>|  | 255000 | &nbsp;&nbsp; 244787 |
|  |  |  | &nbsp;&nbsp; 2520496 |
| **Specialized Consumer Services–0.54%** | **Specialized Consumer Services–0.54%** | **Specialized Consumer Services–0.54%** | **Specialized Consumer Services–0.54%** |
| &nbsp;&nbsp;&nbsp; Carriage Services, Inc., 4.25%, <br> 05/15/2029<sup>(b)</sup> <br>|  | 149000 | &nbsp;&nbsp; 139543 |
| Rentokil Terminix Funding LLC, | Rentokil Terminix Funding LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/28/2030<sup>(b)</sup> <br>|  | 457000 | &nbsp;&nbsp; 455742 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/28/2035<sup>(b)</sup> <br>|  | 400000 | &nbsp;&nbsp; 400266 |
|  |  |  | &nbsp;&nbsp; 995551 |
| **Specialized Finance–0.10%** | **Specialized Finance–0.10%** | **Specialized Finance–0.10%** | **Specialized Finance–0.10%** |
| &nbsp;&nbsp;&nbsp; Blackstone Private Credit Fund, <br> 4.95%, 09/26/2027<br>|  | 50000 | &nbsp;&nbsp; 49485 |
| &nbsp;&nbsp;&nbsp; TrueNoord Capital DAC (Ireland), <br> 8.75%, 03/01/2030<sup>(b)</sup> <br>|  | 132000 | &nbsp;&nbsp; 137006 |
|  |  |  | &nbsp;&nbsp; 186491 |
| **Specialty Chemicals–0.42%** | **Specialty Chemicals–0.42%** | **Specialty Chemicals–0.42%** | **Specialty Chemicals–0.42%** |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, 7.20%, <br> 11/15/2033<br>|  | 89000 | &nbsp;&nbsp; 92977 |
| OCP S.A. (Morocco), | OCP S.A. (Morocco), |  |  |
| &nbsp;&nbsp;&nbsp; 6.10%, 04/30/2030<sup>(b)</sup> <br>|  | 202000 | &nbsp;&nbsp; 202402 |
| &nbsp;&nbsp;&nbsp; 6.70%, 03/01/2036<sup>(b)</sup> <br>|  | 202000 | &nbsp;&nbsp; 198693 |
| &nbsp;&nbsp;&nbsp; Sociedad Quimica y Minera de Chile <br> S.A. (Chile), 6.50%, 11/07/2033<sup>(b)</sup> <br>|  | 265000 | &nbsp;&nbsp; 272507 |
| Wayfair LLC, 7.25%, 10/31/2029<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 1953 |
|  |  |  | &nbsp;&nbsp; 768532 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Steel–0.55%** | **Steel–0.55%** | **Steel–0.55%** | **Steel–0.55%** |
| &nbsp;&nbsp;&nbsp; ArcelorMittal S.A. (Luxembourg), <br> 6.55%, 11/29/2027<br>|  | $129000 | &nbsp;&nbsp; $133826 |
| Cleveland-Cliffs, Inc., | Cleveland-Cliffs, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/2027 |  | 51000 | &nbsp;&nbsp; 50263 |
| &nbsp;&nbsp;&nbsp; 6.88%, 11/01/2029<sup>(b)</sup> <br>|  | 137000 | &nbsp;&nbsp; 127492 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/15/2032<sup>(b)</sup> <br>|  | 67000 | &nbsp;&nbsp; 57874 |
| &nbsp;&nbsp;&nbsp; 7.38%, 05/01/2033<sup>(b)</sup> <br>|  | 2000 | &nbsp;&nbsp; 1720 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/2040 |  | 25000 | &nbsp;&nbsp; 18201 |
| &nbsp;&nbsp;&nbsp; POSCO (South Korea), 5.63%, <br> 01/17/2026<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 201051 |
| POSCO Holdings, Inc. (South Korea), | POSCO Holdings, Inc. (South Korea), |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/07/2030<sup>(b)</sup> <br>|  | 212000 | &nbsp;&nbsp; 212440 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/07/2035<sup>(b)</sup> <br>|  | 217000 | &nbsp;&nbsp; 217581 |
|  |  |  | &nbsp;&nbsp; 1020448 |
| **Systems Software–0.86%** | **Systems Software–0.86%** | **Systems Software–0.86%** | **Systems Software–0.86%** |
| &nbsp;&nbsp;&nbsp; Camelot Finance S.A., 4.50%, <br> 11/01/2026<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 26866 |
| Oracle Corp., | Oracle Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/09/2032 |  | 284000 | &nbsp;&nbsp; 303312 |
| &nbsp;&nbsp;&nbsp; 4.90%, 02/06/2033 |  | 125000 | &nbsp;&nbsp; 123332 |
| &nbsp;&nbsp;&nbsp; 4.70%, 09/27/2034 |  | 217000 | &nbsp;&nbsp; 207067 |
| &nbsp;&nbsp;&nbsp; 6.90%, 11/09/2052 |  | 166000 | &nbsp;&nbsp; 179428 |
| &nbsp;&nbsp;&nbsp; 5.38%, 09/27/2054 |  | 254000 | &nbsp;&nbsp; 225451 |
| &nbsp;&nbsp;&nbsp; 6.00%, 08/03/2055 |  | 140000 | &nbsp;&nbsp; 135827 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/27/2064 |  | 190000 | &nbsp;&nbsp; 167492 |
| &nbsp;&nbsp;&nbsp; 6.13%, 08/03/2065 |  | 230000 | &nbsp;&nbsp; 223476 |
|  |  |  | &nbsp;&nbsp; 1592251 |
| **Technology Hardware, Storage & Peripherals–0.28%** | **Technology Hardware, Storage & Peripherals–0.28%** | **Technology Hardware, Storage & Peripherals–0.28%** | **Technology Hardware, Storage & Peripherals–0.28%** |
| Apple, Inc., 4.10%, 08/08/2062 |  | 158000 | &nbsp;&nbsp; 122025 |
| Hewlett Packard Enterprise Co., | Hewlett Packard Enterprise Co., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/2034 |  | 162000 | &nbsp;&nbsp; 157797 |
| &nbsp;&nbsp;&nbsp; 5.60%, 10/15/2054 |  | 237000 | &nbsp;&nbsp; 221372 |
| &nbsp;&nbsp;&nbsp; Xerox Holdings Corp., 5.50%, <br> 08/15/2028<sup>(b)</sup> <br>|  | 12000 | &nbsp;&nbsp; 8431 |
|  |  |  | &nbsp;&nbsp; 509625 |
| **Telecom Tower REITs–0.05%** | **Telecom Tower REITs–0.05%** | **Telecom Tower REITs–0.05%** | **Telecom Tower REITs–0.05%** |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp., 3.13%, <br> 02/01/2029<br>|  | 99000 | &nbsp;&nbsp; 92179 |
| **Tobacco–0.40%** | **Tobacco–0.40%** | **Tobacco–0.40%** | **Tobacco–0.40%** |
| B.A.T. Capital Corp. (United Kingdom), | B.A.T. Capital Corp. (United Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/20/2034 |  | 84000 | &nbsp;&nbsp; 87423 |
| &nbsp;&nbsp;&nbsp; 7.08%, 08/02/2043 |  | 20000 | &nbsp;&nbsp; 21644 |
| Philip Morris International, Inc., | Philip Morris International, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/13/2029 |  | 5000 | &nbsp;&nbsp; 5063 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/01/2029 |  | 41000 | &nbsp;&nbsp; 41154 |
| &nbsp;&nbsp;&nbsp; 5.63%, 11/17/2029 |  | 8000 | &nbsp;&nbsp; 8351 |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/30/2030 |  | 120000 | &nbsp;&nbsp; 118590 |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/13/2031 |  | 41000 | &nbsp;&nbsp; 41716 |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/01/2031 |  | 51000 | &nbsp;&nbsp; 50897 |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/17/2032 |  | 52000 | &nbsp;&nbsp; 54468 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/07/2033 |  | 20000 | &nbsp;&nbsp; 20679 |
| &nbsp;&nbsp;&nbsp; 4.90%, 11/01/2034 |  | 159000 | &nbsp;&nbsp; 155984 |
| &nbsp;&nbsp;&nbsp; 4.88%, 04/30/2035 |  | 140000 | &nbsp;&nbsp; 135466 |
|  |  |  | &nbsp;&nbsp; 741435 |
| **Trading Companies & Distributors–1.32%** | **Trading Companies & Distributors–1.32%** | **Trading Companies & Distributors–1.32%** | **Trading Companies & Distributors–1.32%** |
| &nbsp;&nbsp;&nbsp; AerCap Global Aviation Trust (Ireland), <br> 6.50%, 06/15/2045<sup>(b)(c)</sup> <br>|  | 1208000 | &nbsp;&nbsp; 1210019 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Trading Companies & Distributors–(continued)** | **Trading Companies & Distributors–(continued)** | **Trading Companies & Distributors–(continued)** | **Trading Companies & Distributors–(continued)** |
| Air Lease Corp., Series B, 4.65%<sup>(c)(e)</sup> <br>|  | $254000 | &nbsp;&nbsp; $250479 |
| Aircastle Ltd., 5.25%<sup>(b)(c)(e)</sup> <br>|  | 232000 | &nbsp;&nbsp; 230961 |
| &nbsp;&nbsp;&nbsp; Ferguson Enterprises, Inc., 5.00%, <br> 10/03/2034<br>|  | 97000 | &nbsp;&nbsp; 93420 |
| GATX Corp., | GATX Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/2035 |  | 3000 | &nbsp;&nbsp; 2978 |
| &nbsp;&nbsp;&nbsp; 6.05%, 06/05/2054 |  | 5000 | &nbsp;&nbsp; 4873 |
| &nbsp;&nbsp;&nbsp; H&E Equipment Services, Inc., 3.88%, <br> 12/15/2028<sup>(b)</sup> <br>|  | 181000 | &nbsp;&nbsp; 182502 |
| Mitsubishi Corp. (Japan), | Mitsubishi Corp. (Japan), |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/02/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 203525 |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/17/2034<sup>(b)</sup> <br>|  | 252000 | &nbsp;&nbsp; 253880 |
|  |  |  | &nbsp;&nbsp; 2432637 |
| **Transaction & Payment Processing Services–0.36%** | **Transaction & Payment Processing Services–0.36%** | **Transaction & Payment Processing Services–0.36%** | **Transaction & Payment Processing Services–0.36%** |
| Fiserv, Inc., | Fiserv, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 08/21/2028 |  | 118000 | &nbsp;&nbsp; 120844 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/21/2033 |  | 146000 | &nbsp;&nbsp; 148681 |
| &nbsp;&nbsp;&nbsp; 5.45%, 03/15/2034 |  | 208000 | &nbsp;&nbsp; 208583 |
| &nbsp;&nbsp;&nbsp; Mastercard, Inc., 4.85%, <br> 03/09/2033<br>|  | 179000 | &nbsp;&nbsp; 180153 |
|  |  |  | &nbsp;&nbsp; 658261 |
| **Wireless Telecommunication Services–0.90%** | **Wireless Telecommunication Services–0.90%** | **Wireless Telecommunication Services–0.90%** | **Wireless Telecommunication Services–0.90%** |
| Rogers Communications, Inc. (Canada), | Rogers Communications, Inc. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 04/15/2055<sup>(c)</sup> <br>|  | 105000 | &nbsp;&nbsp; 105866 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/15/2055<sup>(c)</sup> <br>|  | 73000 | &nbsp;&nbsp; 73143 |
| &nbsp;&nbsp;&nbsp; Sprint Spectrum Co. LLC/Sprint <br> Spectrum Co. II LLC/Sprint Spectrum <br> Co. III LLC, 5.15%, 03/20/2028<sup>(b)</sup> <br>|  | 825000 | &nbsp;&nbsp; 828776 |
| T-Mobile USA, Inc., | T-Mobile USA, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/15/2050 |  | 111000 | &nbsp;&nbsp; 89615 |
| &nbsp;&nbsp;&nbsp; 5.65%, 01/15/2053 |  | 145000 | &nbsp;&nbsp; 137284 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/2054 |  | 4000 | &nbsp;&nbsp; 3982 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/15/2055 |  | 134000 | &nbsp;&nbsp; 130605 |
| Vodafone Group PLC (United Kingdom), | Vodafone Group PLC (United Kingdom), |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/10/2063 |  | 37000 | &nbsp;&nbsp; 33836 |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/04/2081<sup>(c)</sup> <br>|  | 199000 | &nbsp;&nbsp; 179090 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/04/2081<sup>(c)</sup> <br>|  | 92000 | &nbsp;&nbsp; 68238 |
|  |  |  | &nbsp;&nbsp; 1650435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $162,490,459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $162,490,459) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $162,490,459) | &nbsp;&nbsp; 161764498 |
| **U.S. Treasury Securities–5.73%** | **U.S. Treasury Securities–5.73%** | **U.S. Treasury Securities–5.73%** | **U.S. Treasury Securities–5.73%** |
| **U.S. Treasury Bills–0.39%** | **U.S. Treasury Bills–0.39%** | **U.S. Treasury Bills–0.39%** | **U.S. Treasury Bills–0.39%** |
| &nbsp;&nbsp;&nbsp; 4.11%, 05/14/2026<sup>(j)(k)</sup> <br>|  | 743000 | &nbsp;&nbsp; 714913 |
| **U.S. Treasury Bonds–2.07%** | **U.S. Treasury Bonds–2.07%** | **U.S. Treasury Bonds–2.07%** | **U.S. Treasury Bonds–2.07%** |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/2045 |  | 250500 | &nbsp;&nbsp; 253083 |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/15/2055 |  | 3732700 | &nbsp;&nbsp; 3561229 |
|  |  |  | &nbsp;&nbsp; 3814312 |
| **U.S. Treasury Notes–3.27%** | **U.S. Treasury Notes–3.27%** | **U.S. Treasury Notes–3.27%** | **U.S. Treasury Notes–3.27%** |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/30/2027 |  | 1802200 | &nbsp;&nbsp; 1796779 |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/15/2028 |  | 574900 | &nbsp;&nbsp; 573216 |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/30/2030 |  | 1023100 | &nbsp;&nbsp; 1019183 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/30/2032 |  | 169000 | &nbsp;&nbsp; 167363 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/2035 |  | 2484200 | &nbsp;&nbsp; 2456447 |
|  |  |  | &nbsp;&nbsp; 6012988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Treasury Securities (Cost $10,539,796) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Treasury Securities (Cost $10,539,796) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Treasury Securities (Cost $10,539,796) | &nbsp;&nbsp; 10542213 |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>**Shares** | **Value** |
| **Preferred Stocks–3.15%** | **Preferred Stocks–3.15%** | **Preferred Stocks–3.15%** | **Preferred Stocks–3.15%** |
| **Aerospace & Defense–0.07%** | **Aerospace & Defense–0.07%** | **Aerospace & Defense–0.07%** | **Aerospace & Defense–0.07%** |
| Boeing Co. (The), 6.00%, Conv. Pfd. | Boeing Co. (The), 6.00%, Conv. Pfd. | 2000 | &nbsp;&nbsp; $134640 |
| **Diversified Banks–1.23%** | **Diversified Banks–1.23%** | **Diversified Banks–1.23%** | **Diversified Banks–1.23%** |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co., 7.50%, Class A, Series L, <br> Conv. Pfd. | &nbsp;&nbsp;&nbsp; Wells Fargo & Co., 7.50%, Class A, Series L, <br> Conv. Pfd. | 1992 | &nbsp;&nbsp; 2262912 |
| **Diversified Financial Services–0.25%** | **Diversified Financial Services–0.25%** | **Diversified Financial Services–0.25%** | **Diversified Financial Services–0.25%** |
| &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc., 7.63%, <br> Pfd.<sup>(c)</sup>  | &nbsp;&nbsp;&nbsp; Apollo Global Management, Inc., 7.63%, <br> Pfd.<sup>(c)</sup>  | 17750 | &nbsp;&nbsp; 457240 |
| **Investment Banking & Brokerage–1.42%** | **Investment Banking & Brokerage–1.42%** | **Investment Banking & Brokerage–1.42%** | **Investment Banking & Brokerage–1.42%** |
| Morgan Stanley, 7.13%, Series E, Pfd. | Morgan Stanley, 7.13%, Series E, Pfd. | 62725 | &nbsp;&nbsp; 1600742 |
| Morgan Stanley, 6.88%, Series F, Pfd. | Morgan Stanley, 6.88%, Series F, Pfd. | 40000 | &nbsp;&nbsp; 1013200 |
|  |  |  | &nbsp;&nbsp; 2613942 |
| **Regional Banks–0.18%** | **Regional Banks–0.18%** | **Regional Banks–0.18%** | **Regional Banks–0.18%** |
| M&T Bank Corp., 7.50%, Series J, Pfd. | M&T Bank Corp., 7.50%, Series J, Pfd. | 12854 | &nbsp;&nbsp; 333947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $5,982,089) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $5,982,089) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Preferred Stocks (Cost $5,982,089) | &nbsp;&nbsp; 5802681 |
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** |  |
| **Asset-Backed Securities–2.41%** | **Asset-Backed Securities–2.41%** | **Asset-Backed Securities–2.41%** | **Asset-Backed Securities–2.41%** |
| &nbsp;&nbsp;&nbsp; Jimmy John's Funding LLC, <br> Series 2017-1A, Class A2II, <br> 4.85%, 07/30/2047<sup>(b)</sup> <br>|  | $364004 | &nbsp;&nbsp; 357833 |
| &nbsp;&nbsp;&nbsp; PMT Loan Trust, Series 2025-INV1, <br> Class A7, 6.00%, 01/25/2060<sup>(b)(l)</sup> <br>|  | 138959 | &nbsp;&nbsp; 140288 |
| &nbsp;&nbsp;&nbsp; Qdoba Funding LLC, Series 2023-1A, <br> Class A2, 8.50%, 09/14/2053<sup>(b)</sup> <br>|  | 462840 | &nbsp;&nbsp; 482827 |
| Sonic Capital LLC, | Sonic Capital LLC, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2020-1A, Class A2I, 3.85%, <br> 01/20/2050<sup>(b)</sup> <br>|  | 302895 | &nbsp;&nbsp; 295602 |
| &nbsp;&nbsp;&nbsp; Series 2021-1A, Class A2I, 2.19%, <br> 08/20/2051<sup>(b)</sup> <br>|  | 202300 | &nbsp;&nbsp; 183452 |
| &nbsp;&nbsp;&nbsp; Series 2021-1A, Class A2II, <br> 2.64%, 08/20/2051<sup>(b)</sup> <br>|  | 202300 | &nbsp;&nbsp; 170075 |
| Subway Funding LLC, | Subway Funding LLC, |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024-1A, Class A23, <br> 6.51%, 07/30/2054<sup>(b)</sup> <br>|  | 231835 | &nbsp;&nbsp; 236608 |
| &nbsp;&nbsp;&nbsp; Series 2024-1A, Class A2I, 6.03%, <br> 07/30/2054<sup>(b)</sup> <br>|  | 254720 | &nbsp;&nbsp; 257786 |
| &nbsp;&nbsp;&nbsp; Series 2024-1A, Class A2I, 6.27%, <br> 07/30/2054<sup>(b)</sup> <br>|  | 252730 | &nbsp;&nbsp; 258345 |
| &nbsp;&nbsp;&nbsp; Series 2024-3A, Class A23, <br> 5.91%, 07/30/2054<sup>(b)</sup> <br>|  | 248750 | &nbsp;&nbsp; 244119 |
| &nbsp;&nbsp;&nbsp; Series 2024-3A, Class A2I, 5.25%, <br> 07/30/2054<sup>(b)</sup> <br>|  | 233825 | &nbsp;&nbsp; 230288 |
| &nbsp;&nbsp;&nbsp; Series 2024-3A, Class A2I, 5.57%, <br> 07/30/2054<sup>(b)</sup> <br>|  | 238800 | &nbsp;&nbsp; 235307 |
| &nbsp;&nbsp;&nbsp; Wendy's Funding LLC, Series 2018-1A, <br> Class A2II, 3.88%, 03/15/2048<sup>(b)</sup> <br>|  | 621303 | &nbsp;&nbsp; 603526 |
| &nbsp;&nbsp;&nbsp; Zaxby's Funding LLC, Series 2024-1A, <br> Class A2I, 6.59%, 04/30/2054<sup>(b)</sup> <br>|  | 148875 | &nbsp;&nbsp; 152970 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| &nbsp;&nbsp;&nbsp; Zayo Issuer LLC, Series 2025-2A, <br> Class A2, 5.95%, 06/20/2055<sup>(b)</sup> <br>|  | $258000 | &nbsp;&nbsp; $261224 |
| &nbsp;&nbsp;&nbsp; Ziply Fiber Issuer LLC, Series 2024-1A, <br> Class A2, 6.64%, 04/20/2054<sup>(b)</sup> <br>|  | 308000 | &nbsp;&nbsp; 315897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $4,470,723) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $4,470,723) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Asset-Backed Securities (Cost $4,470,723) | &nbsp;&nbsp; 4426147 |
| **Variable Rate Senior Loan Interests–0.87%**<sup>(m)(n)</sup>  | **Variable Rate Senior Loan Interests–0.87%**<sup>(m)(n)</sup>  | **Variable Rate Senior Loan Interests–0.87%**<sup>(m)(n)</sup>  | **Variable Rate Senior Loan Interests–0.87%**<sup>(m)(n)</sup>  |
| **Automobile Manufacturers–0.01%** | **Automobile Manufacturers–0.01%** | **Automobile Manufacturers–0.01%** | **Automobile Manufacturers–0.01%** |
| &nbsp;&nbsp;&nbsp; Panther BF Aggregator 2 L.P. (Power <br> Solutions, Clarios POWSOL) <br> (Canada), Term Loan B, 7.08% (1 <br> mo. Term SOFR + 2.75%), <br> 01/15/2032<br>|  | 25000 | &nbsp;&nbsp; 24969 |
| **Health Care Facilities–0.03%** | **Health Care Facilities–0.03%** | **Health Care Facilities–0.03%** | **Health Care Facilities–0.03%** |
| &nbsp;&nbsp;&nbsp; Select Medical Corp., Term Loan B, <br> 6.33% (1 mo. Term SOFR + <br> 2.00%), 11/30/2031<br>|  | 52788 | &nbsp;&nbsp; 52985 |
| **Passenger Airlines–0.12%** | **Passenger Airlines–0.12%** | **Passenger Airlines–0.12%** | **Passenger Airlines–0.12%** |
| &nbsp;&nbsp;&nbsp; AAdvantage Loyality IP Ltd. (American <br> Airlines, Inc.), Term Loan B, —%, <br> 05/07/2032<sup>(o)</sup> <br>|  | 213100 | &nbsp;&nbsp; 214254 |
| **Restaurants–0.19%** | **Restaurants–0.19%** | **Restaurants–0.19%** | **Restaurants–0.19%** |
| &nbsp;&nbsp;&nbsp; Raising Cane's Restaurants LLC, Term <br> Loan B, 6.33% (1 mo. Term SOFR + <br> 2.00%), 09/10/2031<br>|  | 352230 | &nbsp;&nbsp; 353771 |
| **Wireless Telecommunication Services–0.52%** | **Wireless Telecommunication Services–0.52%** | **Wireless Telecommunication Services–0.52%** | **Wireless Telecommunication Services–0.52%** |
| X Corp., | X Corp., |  |  |
| &nbsp;&nbsp;&nbsp; Term Loan B, 9.50%, 10/27/2029 |  | 700000 | &nbsp;&nbsp; 697648 |
| &nbsp;&nbsp;&nbsp; Term Loan B , 10.95% (3 mo. SOFR <br> + 6.50%), 10/27/2029<br>|  | 261331 | &nbsp;&nbsp; 259135 |
|  |  |  | &nbsp;&nbsp; 956783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Variable Rate Senior Loan Interests <br> (Cost $1,604,940) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Variable Rate Senior Loan Interests <br> (Cost $1,604,940) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Variable Rate Senior Loan Interests <br> (Cost $1,604,940) | &nbsp;&nbsp; 1602762 |
| **Non-U.S. Dollar Denominated Bonds & Notes–0.13%**<sup>(p)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–0.13%**<sup>(p)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–0.13%**<sup>(p)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–0.13%**<sup>(p)</sup>  |
| **Integrated Telecommunication Services–0.07%** | **Integrated Telecommunication Services–0.07%** | **Integrated Telecommunication Services–0.07%** | **Integrated Telecommunication Services–0.07%** |
| &nbsp;&nbsp;&nbsp; Eutelsat S.A. (France), 9.75%, <br> 04/13/2029<sup>(b)</sup> <br>| EUR | 100000 | &nbsp;&nbsp; 119459 |
| **Metal, Glass & Plastic Containers–0.06%** | **Metal, Glass & Plastic Containers–0.06%** | **Metal, Glass & Plastic Containers–0.06%** | **Metal, Glass & Plastic Containers–0.06%** |
| Ball Corp., 4.25%, 07/01/2032 | EUR | 100000 | &nbsp;&nbsp; 115560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $220,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $220,357) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $220,357) | &nbsp;&nbsp; 235019 |
| **Options Purchased–0.03%** | **Options Purchased–0.03%** | **Options Purchased–0.03%** | **Options Purchased–0.03%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Cost $62,436)<sup>(q)</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Cost $62,436)<sup>(q)</sup>  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Cost $62,436)<sup>(q)</sup>  | &nbsp;&nbsp; 52514 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–100.27% <br> (Cost $185,370,800) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–100.27% <br> (Cost $185,370,800) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–100.27% <br> (Cost $185,370,800) | &nbsp;&nbsp; 184425834 |
| OTHER ASSETS LESS LIABILITIES—(0.27)% | OTHER ASSETS LESS LIABILITIES—(0.27)% | OTHER ASSETS LESS LIABILITIES—(0.27)% | &nbsp;&nbsp; (490543)<br>|
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $183935291 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| Conv. | – Convertible |
| EUR | – Euro |
| Pfd. | – Preferred |
| PIK | – Pay-in-Kind |
| REIT | – Real Estate Investment Trust |
| SOFR | – Secured Overnight Financing Rate |

---

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

Notes to Schedule of Investments:

<sup>(a)</sup> Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. 

<sup>(b)</sup> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2025 was $69,952,317, which represented 38.03% of the Fund's Net Assets. 

<sup>(c)</sup> Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate.

<sup>(d)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2025.

<sup>(e)</sup> Perpetual bond with no specified maturity date.

<sup>(f)</sup> All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.

<sup>(g)</sup> Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at May 31, 2025 was $30,960, which represented less than 1% of the Fund's Net Assets. 

<sup>(h)</sup> Security valued using significant unobservable inputs (Level 3). See Note 1.

<sup>(i)</sup> Zero coupon bond issued at a discount.

<sup>(j)</sup> All or a portion of the value was pledged as collateral to cover margin requirements for open futures contracts. 

<sup>(k)</sup> Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

<sup>(l)</sup> Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on May 31, 2025. 

<sup>(m)</sup> Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three to five years. 

<sup>(n)</sup> Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the "1933 Act") and may be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund's portfolio generally have variable rates which adjust to a base, such as the Secured Overnight Financing Rate ("SOFR"), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank. 

<sup>(o)</sup> This variable rate interest will settle after May 31, 2025, at which time the interest rate will be determined.

<sup>(p)</sup> Foreign denominated security. Principal amount is denominated in the currency indicated.

<sup>(q)</sup> The table below details options purchased.

Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended May 31, 2025.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**February 28, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**May 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| Invesco Government & Agency Portfolio, Institutional Class | $- | &nbsp;&nbsp; $11804678 | &nbsp;&nbsp; $(11804678) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $10689 |
| Invesco Liquid Assets Portfolio, Institutional Class | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 881 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp; - | &nbsp;&nbsp; 21922974 | &nbsp;&nbsp; (21922974) | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp; 19651 |
| Total | $- | &nbsp;&nbsp; $33727652 | &nbsp;&nbsp; $(33727652) | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $- | &nbsp;&nbsp; $31221 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** | **Open Exchange-Traded Index Options Purchased** |
| **Description** | **Expiration** <br>**Date**<br>| **Number of** <br>**Contracts**<br>| **Exercise** <br>**Price** | **Exercise** <br>**Price** | **Notional** <br>**Value**<sup>(a)</sup>  | **Notional** <br>**Value**<sup>(a)</sup>  | **Value** |
| **Equity Risk** | **Equity Risk** | **Equity Risk** |  |  |  |  |  |
| S&P 500 Index<br> Call | &nbsp;&nbsp; 08/29/2025 | &nbsp;&nbsp; 31 | &nbsp;&nbsp; USD | 600.00 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 1860000 | $52514 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Notional Value is calculated by multiplying the Number of Contracts by the Exercise Price by the multiplier.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** | **Open Futures Contracts** |
| **Long Futures Contracts** | &nbsp;&nbsp; **Number of**<br> **Contracts**<br>| &nbsp;&nbsp;&nbsp; **Expiration**<br> **Month**<br>| &nbsp;&nbsp; **Notional**<br> **Value**<br>| **Value** | &nbsp;&nbsp; **Unrealized**<br> **Appreciation**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)**<br>|
| **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** |
| U.S. Treasury 2 Year Notes | &nbsp;&nbsp;&nbsp; 146 | September-2025 | &nbsp;&nbsp;&nbsp; $30285875 | &nbsp;&nbsp;&nbsp; $8894 | &nbsp;&nbsp;&nbsp; $8894 |
| U.S. Treasury 5 Year Notes | &nbsp;&nbsp;&nbsp; 26 | September-2025 | &nbsp;&nbsp;&nbsp; 2812875 | &nbsp;&nbsp;&nbsp; 2028 | &nbsp;&nbsp;&nbsp; 2028 |
| U.S. Treasury 10 Year Notes | &nbsp;&nbsp;&nbsp; 92 | September-2025 | &nbsp;&nbsp;&nbsp; 10189000 | &nbsp;&nbsp;&nbsp; 67162 | &nbsp;&nbsp;&nbsp; 67162 |
| U.S. Treasury Long Bonds | &nbsp;&nbsp;&nbsp; 58 | September-2025 | &nbsp;&nbsp;&nbsp; 6541312 | &nbsp;&nbsp;&nbsp; 84180 | &nbsp;&nbsp;&nbsp; 84180 |
| U.S. Treasury Ultra Bonds | &nbsp;&nbsp;&nbsp; 38 | September-2025 | &nbsp;&nbsp;&nbsp; 4410375 | &nbsp;&nbsp;&nbsp; 75634 | &nbsp;&nbsp;&nbsp; 75634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Long Futures Contracts | &nbsp;&nbsp;&nbsp; 237898 | &nbsp;&nbsp;&nbsp; 237898 |
| **Short Futures Contracts** |  |  |  |  |  |
| **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** |
| U.S. Treasury 10 Year Ultra Notes | &nbsp;&nbsp;&nbsp; 133 | September-2025 | &nbsp;&nbsp;&nbsp; (14968734)<br>| &nbsp;&nbsp;&nbsp; (109344)<br>| &nbsp;&nbsp;&nbsp; (109344)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Futures Contracts | &nbsp;&nbsp;&nbsp; $128554 | &nbsp;&nbsp;&nbsp; $128554 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** |
| **Settlement** <br>**Date** | **Counterparty** | **Contract to** | **Contract to** | **Contract to** | **Contract to** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Settlement** <br>**Date** | **Counterparty** | **Deliver** | **Deliver** | **Receive** | **Receive** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Currency Risk** |  |  |  |  |  |  |
| 07/31/2025 | Barclays Bank PLC | EUR | 91000 | USD | 104054 | &nbsp;&nbsp;&nbsp; $335 |
| 07/31/2025 | Canadian Imperial Bank of Commerce | EUR | 150000 | USD | 171038 | &nbsp;&nbsp;&nbsp; 73 |
| 07/31/2025 | State Street Bank & Trust Co. | EUR | 25000 | USD | 28577 | &nbsp;&nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subtotal—Appreciation | &nbsp;&nbsp;&nbsp; 490 |
| **Currency Risk** |  |  |  |  |  |  |
| 07/31/2025 | Canadian Imperial Bank of Commerce | EUR | 200000 | USD | 225058 | &nbsp;&nbsp;&nbsp; (2895)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp; $(2405)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations: <br> EUR —Euro <br> USD —U.S. Dollar

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

**Invesco Bond Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*May 31, 2025*

*(Unaudited)*

**NOTE 1—Additional Valuation Information**

Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 – Prices are determined using quoted prices in an active market for identical assets.

Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of May 31, 2025. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $160796360 | &nbsp;&nbsp;&nbsp;&nbsp; $968138 | &nbsp;&nbsp;&nbsp;&nbsp; $161764498 |
| U.S. Treasury Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10542213 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10542213 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 5802681 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5802681 |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4426147 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4426147 |
| Variable Rate Senior Loan Interests | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1602762 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1602762 |
| Non-U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 235019 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 235019 |
| Options Purchased | &nbsp;&nbsp;&nbsp;&nbsp; 52514 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 52514 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; 5855195 | &nbsp;&nbsp;&nbsp;&nbsp; 177602501 | &nbsp;&nbsp;&nbsp;&nbsp; 968138 | &nbsp;&nbsp;&nbsp;&nbsp; 184425834 |
| **Other Investments - Assets\*** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; 237898 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 237898 |
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 490 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 490 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 237898 | &nbsp;&nbsp;&nbsp;&nbsp; 490 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 238388 |
| **Other Investments - Liabilities\*** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; (109344)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (109344)<br>|
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2895)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (2895)<br>|
|  | &nbsp;&nbsp;&nbsp;&nbsp; (109344)<br>| &nbsp;&nbsp;&nbsp;&nbsp; (2895)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (112239)<br>|
| **Total Other Investments** | &nbsp;&nbsp;&nbsp;&nbsp; 128554 | &nbsp;&nbsp;&nbsp;&nbsp; (2405)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 126149 |
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $5983749 | &nbsp;&nbsp;&nbsp;&nbsp; $177600096 | &nbsp;&nbsp;&nbsp;&nbsp; $968138 | &nbsp;&nbsp;&nbsp;&nbsp; $184551983 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Forward foreign currency contracts and futures contracts are valued at unrealized appreciation (depreciation).

**Invesco Bond Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Bond Fund

- **b. Investment Company Act file number:** 811-02090

- **c. CIK number of Registrant:** 0000005094

- **d. LEI of Registrant:** MN4XNOJY2YRWNLRTWX16

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

  - **Street Address 1:** 1331 Spring Street NW, Suite 2500

  - **City:** Atlanta

  - **State:** GA

  - **Foreign country:** US

  - **Zip / Postal Code:** 30309

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Bond Fund

- **c. LEI of Series:** MN4XNOJY2YRWNLRTWX16

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

- **a. Date of fiscal year-end:** 2026-02-28

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $188162458.56

**Total Liabilities:** $4222312.78

**Net Assets:** $183940145.78

**Delayed Delivery Securities:** $2159164.37

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -395.39092751 | **1-Year:** -5879.72312775 | **5-Year:** -26017.60895407 | **10-Year:** -41211.41986292 | **30-Year:** -20471.46441699

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

- **3-Month:** -35.74466279 | **1-Year:** -1503.71931571 | **5-Year:** -6194.51944916 | **10-Year:** -2775.59196277 | **30-Year:** -413.30096146

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.53%               | -0.35%               | 0.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-304887.29              | $-1474679.54                               |
| Month 2  | $-488157.14              | $-857534.57                                |
| Month 3  | $-367292.46              | $127449.31                                 |

**Designated Index Information**

- **Index Name:** The Bloomberg U.S. Aggregate: Baa Index

- **Index Identifier:** 100% BB-US Corp Baa

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Electric Power Co., Inc.                                                   | American Electric Power Co., Inc.                                                   | CUSIP: 025537AY7<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     66000 | PA      | $67284.01     | 0.04%             | 2029-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.                                                      | Apollo Global Management, Inc.                                                      | CUSIP: 03769MAA4<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    126000 | PA      | $135285.78    | 0.07%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                       | NiSource Inc.                                                                       | CUSIP: 65473PAN5<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14274.14     | 0.01%             | 2028-03-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Eli Lilly and Co.                                                                   | Eli Lilly and Co.                                                                   | CUSIP: 532457CM8<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1816.19      | 0.00%             | 2054-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                  | LPL Holdings, Inc.                                                                  | CUSIP: 50212YAM6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    328000 | PA      | $323640.43    | 0.18%             | 2035-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                                                             | KeyCorp                                                                             | CUSIP: 49326EEJ8<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |     27000 | PA      | $24617.87     | 0.01%             | 2029-10-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                                             | Uber Technologies, Inc.                                                             | CUSIP: 90353TAQ3<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    107000 | PA      | $97243.14     | 0.05%             | 2054-09-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                                           | Bank of Nova Scotia (The)                                                           | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    429000 | PA      | $453034.30    | 0.25%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                       | Univision Communications Inc.                                                       | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     19000 | PA      | $17775.64     | 0.01%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| EnerSys                                                                             | EnerSys                                                                             | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43945.23     | 0.02%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFD2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162263.07    | 0.09%             | 2029-04-20      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC                                              | Cushman & Wakefield U.S. Borrower, LLC                                              | CUSIP: 23166MAC7<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |     85000 | PA      | $90974.23     | 0.05%             | 2031-09-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series AA                                       | CUSIP: 90931CAA6<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    188069 | PA      | $177989.31    | 0.10%             | 2031-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680CC5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     88000 | PA      | $86625.93     | 0.05%             | 2029-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                        | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $245931.88    | 0.13%             | N/A             | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFB6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52475.65     | 0.03%             | 2038-01-19      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                                  | Macquarie Airfinance Holdings Ltd.                                                  | CUSIP: 55609NAE8<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      4000 | PA      | $3942.80      | 0.00%             | 2030-03-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                            | HCA Inc.                                                                            | CUSIP: 404121AK1<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17826.91     | 0.01%             | 2034-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PSEG Power LLC                                                                      | PSEG Power LLC                                                                      | CUSIP: 69362BBD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $97973.15     | 0.05%             | 2030-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Var Energi ASA                                                                      | Var Energi ASA                                                                      | CUSIP: 92212WAG5<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $202057.50    | 0.11%             | 2035-05-22      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wabtec Corp.                                                                        | Wabtec Corp.                                                                        | CUSIP: 960386AS9<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    108000 | PA      | $108630.14    | 0.06%             | 2030-05-29      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Bills                                                                 | U.S. Treasury Bills                                                                 | CUSIP: 912797QN0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    743000 | PA      | $714912.44    | 0.39%             | 2026-05-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                         | Kenvue Inc.                                                                         | CUSIP: 49177JAH5<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     77000 | PA      | $78868.89     | 0.04%             | 2030-03-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                  | CHS/Community Health Systems, Inc.                                                  | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     63000 | PA      | $56788.25     | 0.03%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                            | HCA Inc.                                                                            | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67416.39     | 0.04%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                               | Foundry JV Holdco LLC                                                               | CUSIP: 350930AD5<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    333000 | PA      | $342872.21    | 0.19%             | 2035-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DU0<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135466.23    | 0.07%             | 2035-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    206000 | PA      | $207415.31    | 0.11%             | 2029-04-23      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Costa Rica Government International Bond                                            | Costa Rica Government International Bond                                            | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    255000 | PA      | $261215.63    | 0.14%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                     | BAE Systems PLC                                                                     | CUSIP: 05523RAM9<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $192385.36    | 0.10%             | 2054-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                                                      | NCL Corp. Ltd.                                                                      | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      3000 | PA      | $3002.43      | 0.00%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCP8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123332.49    | 0.07%             | 2033-02-06      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                                                | Banco Santander S.A.                                                                | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $202468.21    | 0.11%             | 2028-03-14      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| El Puerto de Liverpool, S.A.B. de C.V.                                              | El Puerto de Liverpool, S.A.B. de C.V.                                              | CUSIP: 283837AD4<br>LEI: 4469000001BO4JEXZL32 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $201628.97    | 0.11%             | 2037-01-22      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DC5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    205000 | PA      | $207674.18    | 0.11%             | 2034-04-19      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                                        | New York Life Global Funding                                                        | CUSIP: 64952WEZ2<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    152000 | PA      | $147172.00    | 0.08%             | 2033-01-28      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                                                      | Aircastle Ltd.                                                                      | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    232000 | PA      | $230961.13    | 0.13%             | N/A             | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Allison Transmission, Inc.                                                          | Allison Transmission, Inc.                                                          | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    408000 | PA      | $370685.38    | 0.20%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Starz Capital Holdings 1, Inc.                                                      | Starz Capital Holdings 1, Inc.                                                      | CUSIP: 535939AA0<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |    103000 | PA      | $91920.93     | 0.05%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BL6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    132000 | PA      | $135505.34    | 0.07%             | 2033-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Nasdaq, Inc.                                                                        | Nasdaq, Inc.                                                                        | CUSIP: 63111XAK7<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20865.18     | 0.01%             | 2053-08-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                                      | Amphenol Corp.                                                                      | CUSIP: 032095AR2<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    106000 | PA      | $105185.71    | 0.06%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                                              | GFL Environmental Inc.                                                              | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    196000 | PA      | $188570.40    | 0.10%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                      | ZF North America Capital, Inc.                                                      | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    189000 | PA      | $187474.64    | 0.10%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding, Inc.                                                           | PPL Capital Funding, Inc.                                                           | CUSIP: 69352PAT0<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46545.54     | 0.03%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EF2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    274000 | PA      | $278167.95    | 0.15%             | 2028-05-17      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 94974BFP0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    503000 | PA      | $463964.84    | 0.25%             | 2043-11-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCJ8<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    274000 | PA      | $270064.53    | 0.15%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                                                     | AES Corp. (The)                                                                     | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     83000 | PA      | $78954.80     | 0.04%             | 2055-07-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AS Mileage Plan IP Ltd.                                                             | AS Mileage Plan IP Ltd.                                                             | CUSIP: 00218QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     65000 | PA      | $63691.37     | 0.03%             | 2029-10-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                           | RTX Corp.                                                                           | CUSIP: 75513ECU3<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     71000 | PA      | $74026.20     | 0.04%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                         | Macy's Retail Holdings, LLC                                                         | CUSIP: 55617LAL6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    104000 | PA      | $88025.60     | 0.05%             | 2034-07-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Qdoba Funding LLC                                                                   | Qdoba Funding LLC, Series 2023-1A, Class A2                                         | CUSIP: 746954AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    462840 | PA      | $482827.33    | 0.26%             | 2053-09-14      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Oglethorpe Power Corp. (An Electric Membership Corp.)                               | Oglethorpe Power Corp. (An Electric Membership Corp.)                               | CUSIP: 677050AY2<br>LEI: 3EERXCUSWMS9GV5D9M98 | Long             | DBT              | CORP              | US        |     43000 | PA      | $41473.32     | 0.02%             | 2055-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage L.P.                                                            | Extra Space Storage L.P.                                                            | CUSIP: 30225VAF4<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11273.16     | 0.01%             | 2031-06-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Cascades Inc./Cascades USA Inc.                                                     | Cascades Inc./Cascades USA Inc.                                                     | CUSIP: 14739LAD4<br>LEI: FPD41G4F3GH7OJ38TS94 | Long             | DBT              | CORP              | CA        |     98000 | PA      | $98686.49     | 0.05%             | 2030-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61748UAF9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    209000 | PA      | $211107.71    | 0.11%             | 2036-01-18      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| BlackRock Funding, Inc.                                                             | BlackRock Funding, Inc.                                                             | CUSIP: 09290DAJ0<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65790.79     | 0.04%             | 2035-01-08      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                 | Fifth Third Bancorp                                                                 | CUSIP: 316773DG2<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64802.67     | 0.04%             | 2030-07-28      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BK8<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14504.57     | 0.01%             | 2030-11-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEW2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    177000 | PA      | $179166.05    | 0.10%             | 2036-01-24      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71746.99     | 0.04%             | 2054-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd.                                                        | CUSIP: 05401AAW1<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    133000 | PA      | $132679.78    | 0.07%             | 2028-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                            | PNC Financial Services Group, Inc. (The)                                            | CUSIP: 693475BM6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93897.63     | 0.05%             | 2034-01-24      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| POSCO                                                                               | POSCO                                                                               | CUSIP: 73730EAC7<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $201050.53    | 0.11%             | 2026-01-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Veralto Corp.                                                                       | Veralto Corp.                                                                       | CUSIP: 92338CAD5<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    112000 | PA      | $114998.68    | 0.06%             | 2028-09-18      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CD6<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    102000 | PA      | $103005.91    | 0.06%             | 2034-05-22      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                                                                   | Sonic Capital LLC, Series 2020-1A, Class A2I                                        | CUSIP: 83546DAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    302895 | PA      | $295601.77    | 0.16%             | 2050-01-20      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners, LLC                                               | Howard Midstream Energy Partners, LLC                                               | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     81000 | PA      | $83888.46     | 0.05%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd.                                                        | CUSIP: 05401AAU5<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      4000 | PA      | $4074.31      | 0.00%             | 2029-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Select Medical Corp.                                                                | Select Medical Corp., Term Loan B                                                   | CUSIP: 816194AY0<br>LEI: 549300X05KS0JKR8CB50 | Long             | LON              | CORP              | US        |     52788 | PA      | $52985.65     | 0.03%             | 2031-11-30      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     89000 | PA      | $88130.66     | 0.05%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                      | Hewlett Packard Enterprise Co.                                                      | CUSIP: 42824CBV0<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    162000 | PA      | $157796.55    | 0.09%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings, Inc.                                                         | Endo Finance Holdings, Inc.                                                         | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     86000 | PA      | $89124.47     | 0.05%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                        | Royal Caribbean Cruises Ltd.                                                        | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    226000 | PA      | $226952.47    | 0.12%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KDL1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    252000 | PA      | $251963.77    | 0.14%             | 2035-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Coca-Cola FEMSA, S.A.B. de C.V.                                                     | Coca-Cola FEMSA, S.A.B. de C.V.                                                     | CUSIP: 191241AK4<br>LEI: 5493008KEVFYPMGTXO33 | Long             | DBT              | CORP              | MX        |    299000 | PA      | $293316.01    | 0.16%             | 2035-05-06      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Cummins Inc.                                                                        | Cummins Inc.                                                                        | CUSIP: 231021AZ9<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    411000 | PA      | $409724.77    | 0.22%             | 2031-02-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CE4<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    176000 | PA      | $166080.98    | 0.09%             | 2054-05-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                            | Service Properties Trust                                                            | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    125000 | PA      | $100906.80    | 0.05%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                                 | Sirius XM Radio LLC                                                                 | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92095.72     | 0.05%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Power Co.                                                                     | Idaho Power Co.                                                                     | CUSIP: 45138LBK8<br>LEI: TN0LL73P2C8X3W6KM391 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34052.29     | 0.02%             | 2034-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     58000 | PA      | $57235.01     | 0.03%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences, Inc.                                                               | Gilead Sciences, Inc.                                                               | CUSIP: 375558CA9<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |     58000 | PA      | $55653.80     | 0.03%             | 2053-10-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Eutelsat S.A.                                                                       | Eutelsat S.A.                                                                       | CUSIP: ZD9999388<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119458.44    | 0.06%             | 2029-04-13      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Duke Energy Indiana, LLC                                                            | Duke Energy Indiana, LLC                                                            | CUSIP: 26443TAD8<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     89000 | PA      | $82232.17     | 0.04%             | 2053-04-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                                             | Mercedes-Benz Finance North America LLC                                             | CUSIP: 58769JAS6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146753.45    | 0.08%             | 2034-01-11      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                                            | John Deere Capital Corp.                                                            | CUSIP: 24422EXP9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    149000 | PA      | $149880.10    | 0.08%             | 2034-04-11      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Transmission, LLC                                                       | FirstEnergy Transmission, LLC                                                       | CUSIP: 33767BAH2<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     72000 | PA      | $70233.64     | 0.04%             | 2035-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| J. M. Smucker Co. (The)                                                             | J. M. Smucker Co. (The)                                                             | CUSIP: 832696AX6<br>LEI: 5493000WDH6A0LHDJD55 | Long             | DBT              | CORP              | US        |     63000 | PA      | $66907.42     | 0.04%             | 2033-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     94000 | PA      | $94901.16     | 0.05%             | 2029-04-12      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies, Inc.                                                          | Sensata Technologies, Inc.                                                          | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     93000 | PA      | $82676.79     | 0.04%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UDR, Inc.                                                                           | UDR, Inc.                                                                           | CUSIP: 90265EAW0<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |     44000 | PA      | $42905.63     | 0.02%             | 2034-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GXX7<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10010.87     | 0.01%             | 2027-03-09      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 91282CMY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1802200 | PA      | $1796779.32   | 0.98%             | 2027-04-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp.                                                                 | Union Pacific Corp.                                                                 | CUSIP: 907818GD4<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |    186000 | PA      | $165182.59    | 0.09%             | 2063-01-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                               | Foundry JV Holdco LLC                                                               | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    451000 | PA      | $452497.60    | 0.25%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Holcim Finance US LLC                                                               | Holcim Finance US LLC                                                               | CUSIP: 43475RAC0<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |     44000 | PA      | $44307.14     | 0.02%             | 2030-04-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                                                 | Regal Rexnord Corp.                                                                 | CUSIP: 758750AM5<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |     61000 | PA      | $62643.69     | 0.03%             | 2028-04-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EJ4<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199289.42    | 0.11%             | N/A             | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CJ3<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    118000 | PA      | $117968.42    | 0.06%             | 2035-05-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cougar JV Subsidiary, LLC                                                           | Cougar JV Subsidiary, LLC                                                           | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $92521.62     | 0.05%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners L.P./ Delek Logistics Finance Corp.                        | Delek Logistics Partners L.P./ Delek Logistics Finance Corp.                        | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $90677.43     | 0.05%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                          | Aviation Capital Group LLC                                                          | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11617.91     | 0.01%             | 2027-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 63743HFP2<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107617.00    | 0.06%             | 2031-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMB2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    224000 | PA      | $219565.20    | 0.12%             | 2035-08-15      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Empresa Nacional del Petroleo                                                       | Empresa Nacional del Petroleo                                                       | CUSIP: 29245JAP7<br>LEI: 549300YP3P0JZBLIV197 | Long             | DBT              | CORP              | CL        |    210000 | PA      | $210790.02    | 0.11%             | 2034-07-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                       | Univision Communications Inc.                                                       | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73046.89     | 0.04%             | 2027-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp.                                                             | Synovus Financial Corp.                                                             | CUSIP: 87161CAP0<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50671.75     | 0.03%             | 2030-11-01      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                         | Kenvue Inc.                                                                         | CUSIP: 49177JAF9<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39994.44     | 0.02%             | 2028-03-22      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Holcim Finance US LLC                                                               | Holcim Finance US LLC                                                               | CUSIP: 43475RAD8<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    184000 | PA      | $183416.17    | 0.10%             | 2035-04-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                                                        | American National Group Inc.                                                        | CUSIP: 025676AM9<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73004.10     | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McCormick & Co., Inc.                                                               | McCormick & Co., Inc.                                                               | CUSIP: 579780AU1<br>LEI: 549300JQQA6MQ4OJP259 | Long             | DBT              | CORP              | US        |     79000 | PA      | $75052.05     | 0.04%             | 2034-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCH2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80105.65     | 0.04%             | 2034-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp.                                                              | Norfolk Southern Corp.                                                              | CUSIP: 655844CR7<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15354.78     | 0.01%             | 2030-08-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    251000 | PA      | $252832.37    | 0.14%             | 2029-04-25      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                                             | Bath & Body Works, Inc.                                                             | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     91000 | PA      | $93018.20     | 0.05%             | 2030-10-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                               | Foundry JV Holdco LLC                                                               | CUSIP: 350930AJ2<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $204648.99    | 0.11%             | 2037-01-25      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                                 | Bank of New York Mellon Corp. (The)                                                 | CUSIP: 06406RBZ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    112000 | PA      | $113248.07    | 0.06%             | 2032-07-22      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC / NGL Energy Finance Corp.                                 | NGL Energy Operating LLC / NGL Energy Finance Corp.                                 | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |    151000 | PA      | $142910.79    | 0.08%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFE0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    232000 | PA      | $231906.26    | 0.13%             | 2034-04-21      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                                                | Banco Santander S.A.                                                                | CUSIP: 05971KAP4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $220669.20    | 0.12%             | N/A             | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFZ3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    278000 | PA      | $282136.93    | 0.15%             | 2031-04-17      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| A.P. Moller - Maersk A/S                                                            | A.P. Moller - Maersk A/S                                                            | CUSIP: 00203QAF4<br>LEI: 549300D2K6PKKKXVNN73 | Long             | DBT              | CORP              | DK        |     95000 | PA      | $98324.69     | 0.05%             | 2033-09-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings Inc.                                                             | RB Global Holdings Inc.                                                             | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    180000 | PA      | $184060.01    | 0.10%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ferguson Enterprises Inc.                                                           | Ferguson Enterprises Inc.                                                           | CUSIP: 31488VAA5<br>LEI: 2138003JYQMRP3SLX189 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93419.73     | 0.05%             | 2034-10-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                          | Occidental Petroleum Corp.                                                          | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233269.28    | 0.13%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EN5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    290000 | PA      | $292987.34    | 0.16%             | 2030-11-19      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| Siemens Funding B.V.                                                                | Siemens Funding B.V.                                                                | CUSIP: 82622RAA4<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    260000 | PA      | $260647.36    | 0.14%             | 2028-05-26      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                                            | Energizer Holdings, Inc.                                                            | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     97000 | PA      | $91226.50     | 0.05%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments LLC / Shift4 Payments Finance Sub Inc.                              | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    100000 | PA      | $116799.78    | 0.06%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    174000 | PA      | $177236.75    | 0.10%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                                               | Alexandria Real Estate Equities, Inc.                                               | CUSIP: 015271BD0<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    205000 | PA      | $184567.10    | 0.10%             | 2054-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Arthur J. Gallagher & Co.                                                           | Arthur J. Gallagher & Co.                                                           | CUSIP: 04316JAM1<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32093.51     | 0.02%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Blackrock, Inc.                                                                     | Blackrock, Inc.                                                                     | CUSIP: 09247XAT8<br>LEI: 529900VBK42Y5HHRMD23 | Long             | DBT              | CORP              | US        |    161000 | PA      | $161308.28    | 0.09%             | 2033-05-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                               | OneMain Finance Corp.                                                               | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     57000 | PA      | $57706.63     | 0.03%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                                              | Hilcorp Energy I, L.P.                                                              | CUSIP: 431318BE3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     57000 | PA      | $51696.40     | 0.03%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc., Series AA                                                           | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    206000 | PA      | $215389.07    | 0.12%             | N/A             | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.                                                    | Omega Healthcare Investors, Inc.                                                    | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10150.73     | 0.01%             | 2033-04-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676AZ8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    106000 | PA      | $106404.90    | 0.06%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                                 | Georgia-Pacific LLC                                                                 | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     62000 | PA      | $62081.61     | 0.03%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Telecom Italia Capital S.A.                                                         | Telecom Italia Capital S.A.                                                         | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     93000 | PA      | $93939.21     | 0.05%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264ADD4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3981.76      | 0.00%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunrise FinCo I B.V.                                                                | Sunrise FinCo I B.V.                                                                | CUSIP: N/A<br>LEI: 213800MNFBDEQRS6HZ22       | Long             | DBT              | CORP              | NL        |    100000 | PA      | $114680.46    | 0.06%             | 2032-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCR0<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    199000 | PA      | $197972.65    | 0.11%             | 2035-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                                     | Sinclair Television Group, Inc.                                                     | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18024.66     | 0.01%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                  | LPL Holdings, Inc.                                                                  | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    154000 | PA      | $154407.46    | 0.08%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Allison Transmission, Inc.                                                          | Allison Transmission, Inc.                                                          | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5903.25      | 0.00%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                               | OneMain Finance Corp.                                                               | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    209000 | PA      | $210561.56    | 0.11%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| United Airlines 2024-1 Class A Pass Through Trust                                   | United Airlines 2024-1 Class A Pass Through Trust, Series 24-A                      | CUSIP: 90932WAB9<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    148695 | PA      | $145971.89    | 0.08%             | 2037-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co.                                                                    | DTE Electric Co.                                                                    | CUSIP: 23338VAZ9<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38930.19     | 0.02%             | 2055-05-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                                                 | Realty Income Corp.                                                                 | CUSIP: 756109BP8<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     74000 | PA      | $76563.21     | 0.04%             | 2032-10-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cadence Design Systems, Inc.                                                        | Cadence Design Systems, Inc.                                                        | CUSIP: 127387AP3<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48636.27     | 0.03%             | 2034-09-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Studio City Finance Ltd.                                                            | Studio City Finance Ltd.                                                            | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $180860.59    | 0.10%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AerCap Global Aviation Trust                                                        | AerCap Global Aviation Trust                                                        | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |   1208000 | PA      | $1210018.57   | 0.66%             | 2045-06-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co., Series W                                                      | CUSIP: 48123UAB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    244000 | PA      | $214429.39    | 0.12%             | 2047-05-15      | Floating      | 5.59%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $153958.26    | 0.08%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                               | Targa Resources Corp.                                                               | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61599.08     | 0.03%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| ConocoPhillips Co.                                                                  | ConocoPhillips Co.                                                                  | CUSIP: 20826FBH8<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50713.69     | 0.03%             | 2063-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                                             | CUSIP: 44891ACY1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2020.01      | 0.00%             | 2029-03-19      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bond                                               | Dominican Republic International Bond                                               | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    325000 | PA      | $326462.50    | 0.18%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Synovus Bank                                                                        | Synovus Bank                                                                        | CUSIP: 87164DVJ6<br>LEI: DX0JX77PRMOELF7VG772 | Long             | DBT              | CORP              | US        |    896000 | PA      | $899690.10    | 0.49%             | 2028-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                                                    | Sealed Air Corp.                                                                    | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     95000 | PA      | $93342.25     | 0.05%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PER9<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    193000 | PA      | $194830.68    | 0.11%             | 2033-02-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                               | Westpac Banking Corp.                                                               | CUSIP: 961214FG3<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |     14000 | PA      | $13980.19     | 0.01%             | 2033-08-10      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                                             | Republic Services, Inc.                                                             | CUSIP: 760759BB5<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5083.44      | 0.00%             | 2029-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    661000 | PA      | $667455.99    | 0.36%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co.                                                                   | Alabama Power Co.                                                                   | CUSIP: 010392GB8<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34718.62     | 0.02%             | 2033-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                        | CUSIP: 902613BQ0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    200000 | PA      | $200212.11    | 0.11%             | 2036-05-09      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | S&P 500 Mini Index Option                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | N/A       |        31 | NC      | $52514.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                                      | Apollo Global Management, Inc., Pfd.                                                | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |     17750 | NS      | $457240.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                                                        | U.S. Bancorp                                                                        | CUSIP: 91159HJM3<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |     93000 | PA      | $96026.66     | 0.05%             | 2029-06-12      | Variable      | 5.78%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                               | Foundry JV Holdco LLC                                                               | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205618.47    | 0.11%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Florida Gas Transmission Co., LLC                                                   | Florida Gas Transmission Co., LLC                                                   | CUSIP: 340711BC3<br>LEI: 549300Q0UQF87NXNOC32 | Long             | DBT              | CORP              | US        |    315000 | PA      | $317112.47    | 0.17%             | 2035-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GJE0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     17000 | PA      | $11860.51     | 0.01%             | 2041-06-19      | Variable      | 2.68%                 | No            |                  2 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RBB8<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     66000 | PA      | $66092.62     | 0.04%             | 2034-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                       | NiSource Inc.                                                                       | CUSIP: 65473PAU9<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     92000 | PA      | $88966.66     | 0.05%             | 2055-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                                                    | CMS Energy Corp.                                                                    | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98934.54     | 0.05%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122EB0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2084.78      | 0.00%             | 2053-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFT7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    199000 | PA      | $197782.51    | 0.11%             | 2035-07-19      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264ADU6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    134000 | PA      | $130605.11    | 0.07%             | 2055-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                           | Global Atlantic (Fin) Co.                                                           | CUSIP: 37959GAA5<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    276000 | PA      | $265329.82    | 0.14%             | 2029-10-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Engie                                                                               | Engie                                                                               | CUSIP: 29286DAC9<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |    205000 | PA      | $195845.34    | 0.11%             | 2054-04-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United Airlines 2024-1 Class AA Pass Through Trust                                  | United Airlines 2024-1 Class AA Pass Through Trust, Series AA                       | CUSIP: 90932WAA1<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    139773 | PA      | $139315.55    | 0.08%             | 2037-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    247000 | PA      | $249658.21    | 0.14%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| JSC Uzbekneftegaz                                                                   | JSC Uzbekneftegaz                                                                   | CUSIP: 91825MAB9<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | NUSS              | UZ        |    278000 | PA      | $251294.76    | 0.14%             | 2028-11-16      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    315000 | PA      | $317607.42    | 0.17%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                                                     | AES Corp. (The)                                                                     | CUSIP: 00130HCM5<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    356000 | PA      | $353113.73    | 0.19%             | 2032-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Summit Midstream Holdings, LLC                                                      | Summit Midstream Holdings, LLC                                                      | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $92275.45     | 0.05%             | 2029-10-31      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Alabama Power Co.                                                                   | Alabama Power Co.                                                                   | CUSIP: 010392GC6<br>LEI: 0RL818ELFOHP5JHOFU19 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36751.51     | 0.02%             | 2035-04-02      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                      | ZF North America Capital, Inc.                                                      | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    168000 | PA      | $162124.75    | 0.09%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Rollins, Inc.                                                                       | Rollins, Inc.                                                                       | CUSIP: 775711AA2<br>LEI: 549300F2A0BXT4SGWD84 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60549.00     | 0.03%             | 2035-02-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Transocean Titan Financing Ltd.                                                     | Transocean Titan Financing Ltd.                                                     | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    132095 | PA      | $134248.01    | 0.07%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| nVent Finance S.a.r.l.                                                              | nVent Finance S.a.r.l.                                                              | CUSIP: 67078AAF0<br>LEI: 549300KO1OQ4MVFB6X02 | Long             | DBT              | CORP              | LU        |     16000 | PA      | $15978.15     | 0.01%             | 2033-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC, Series D                                         | CUSIP: 293791AF6<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     35000 | PA      | $38677.41     | 0.02%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                                | Jane Street Group / JSG Finance Inc.                                                | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    305000 | PA      | $305719.80    | 0.17%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                                                 | Regal Rexnord Corp.                                                                 | CUSIP: 758750AN3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13485.01     | 0.01%             | 2030-02-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $113918.75    | 0.06%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley, Series E, Pfd.                                                      | CUSIP: 61762V200<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     62725 | NS      | $1600742.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967QB0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9044.84      | 0.00%             | 2031-05-07      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                           | Global Atlantic (Fin) Co.                                                           | CUSIP: 37959GAF4<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    212000 | PA      | $210278.55    | 0.11%             | 2054-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                      | Carnival Corp.                                                                      | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    579000 | PA      | $579709.28    | 0.32%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Piedmont Natural Gas Co., Inc.                                                      | Piedmont Natural Gas Co., Inc.                                                      | CUSIP: 720186AQ8<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100716.04    | 0.05%             | 2033-06-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-1A, Class A2I                                       | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    254720 | PA      | $257786.19    | 0.14%             | 2054-07-30      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II, LLC                                                    | LCM Investments Holdings II, LLC                                                    | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     88000 | PA      | $93372.31     | 0.05%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC                                                   | CUSIP: 29379VCD3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17338.00     | 0.01%             | 2033-01-31      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Union Electric Co.                                                                  | Union Electric Co.                                                                  | CUSIP: 906548CZ3<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |     76000 | PA      | $67845.68     | 0.04%             | 2055-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                         | Marsh & McLennan Cos., Inc.                                                         | CUSIP: 571748BU5<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127967.41    | 0.07%             | 2033-09-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating, L.P.                                                   | Western Midstream Operating, L.P.                                                   | CUSIP: 958667AG2<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     49000 | PA      | $47061.69     | 0.03%             | 2034-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    216000 | PA      | $217904.90    | 0.12%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Campbell's Co. (The)                                                                | Campbell's Co. (The)                                                                | CUSIP: 134429BR9<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |     78000 | PA      | $68712.80     | 0.04%             | 2054-10-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Jackson Financial Inc.                                                              | Jackson Financial Inc.                                                              | CUSIP: 46817MAS6<br>LEI: 213800WXW2KG1N4CO374 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14998.49     | 0.01%             | 2032-06-08      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| Kimmeridge Texas Gas, LLC                                                           | Kimmeridge Texas Gas, LLC                                                           | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89036.10     | 0.05%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc.                                                      | Jefferies Financial Group Inc.                                                      | CUSIP: 47233JBH0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24125.24     | 0.01%             | 2030-01-23      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| L3Harris Technologies, Inc.                                                         | L3Harris Technologies, Inc.                                                         | CUSIP: 502431AR0<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42879.76     | 0.02%             | 2053-07-31      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Co.                                                     | Virginia Electric and Power Co.                                                     | CUSIP: 927804GK4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |     68000 | PA      | $67628.77     | 0.04%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                      | British Telecommunications PLC                                                      | CUSIP: 11102AAF8<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    270000 | PA      | $262840.65    | 0.14%             | 2081-11-23      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XDC6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    230000 | PA      | $223476.32    | 0.12%             | 2065-08-03      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OI European Group B.V.                                                              | OI European Group B.V.                                                              | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $47120.82     | 0.03%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Information Management Services, Inc.                                 | Iron Mountain Information Management Services, Inc.                                 | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $95654.42     | 0.05%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                               | Targa Resources Corp.                                                               | CUSIP: 87612GAK7<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     52000 | PA      | $50894.12     | 0.03%             | 2035-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Uniti Group L.P./ Uniti Group Finance 2019 Inc / CSL Capital LLC                    | Uniti Group L.P./ Uniti Group Finance 2019 Inc / CSL Capital LLC                    | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $83858.82     | 0.05%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                                          | Cloud Software Group, Inc.                                                          | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     26000 | PA      | $27365.31     | 0.01%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Co.                                                               | Saudi Arabian Oil Co.                                                               | CUSIP: 80414L2X2<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    250000 | PA      | $249281.63    | 0.14%             | 2030-06-02      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    184000 | PA      | $179564.11    | 0.10%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                      | Ecopetrol S.A.                                                                      | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    417000 | PA      | $425867.09    | 0.23%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RBC6<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     48000 | PA      | $47365.88     | 0.03%             | 2035-01-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Entergy Louisiana, LLC                                                              | Entergy Louisiana, LLC                                                              | CUSIP: 29364WBP2<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |     91000 | PA      | $90069.33     | 0.05%             | 2034-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Simon Property Group, L.P.                                                          | Simon Property Group, L.P.                                                          | CUSIP: 828807DY0<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              | CORP              | US        |    280000 | PA      | $267668.02    | 0.15%             | 2034-09-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GZL1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     31000 | PA      | $31070.46     | 0.02%             | 2028-02-24      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                                              | CVS Pass-Through Trust                                                              | CUSIP: 126650BP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    341897 | PA      | $345777.08    | 0.19%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric, LLC                                            | CenterPoint Energy Houston Electric, LLC                                            | CUSIP: 15189XBD9<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38925.54     | 0.02%             | 2028-10-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Walmart Inc.                                                                        | Walmart Inc.                                                                        | CUSIP: 931142FP3<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4002.25      | 0.00%             | 2035-04-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                                           | Nippon Life Insurance Co.                                                           | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    281000 | PA      | $278880.68    | 0.15%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp.                                                                | Xerox Holdings Corp.                                                                | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |     12000 | PA      | $8430.77      | 0.00%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023CX1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    219000 | PA      | $202932.70    | 0.11%             | 2060-05-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| CNH Industrial Capital LLC                                                          | CNH Industrial Capital LLC                                                          | CUSIP: 12592BAU8<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73162.85     | 0.04%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation, LLC                                                | Constellation Energy Generation, LLC                                                | CUSIP: 210385AD2<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     46000 | PA      | $48589.44     | 0.03%             | 2034-01-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Intuit Inc.                                                                         | Intuit Inc.                                                                         | CUSIP: 46124HAG1<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | DBT              | CORP              | US        |    154000 | PA      | $157580.48    | 0.09%             | 2033-09-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Electricite de France                                                               | Electricite de France                                                               | CUSIP: 28504DAG8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    202000 | PA      | $199035.06    | 0.11%             | 2055-01-13      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co., Series OO                                                     | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    690000 | PA      | $701066.93    | 0.38%             | N/A             | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                                         | AvalonBay Communities, Inc.                                                         | CUSIP: 053484AD3<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29867.34     | 0.02%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                                               | Dominion Energy, Inc.                                                               | CUSIP: 25746UDR7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176990.85    | 0.10%             | 2032-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UPMC                                                                                | UPMC                                                                                | CUSIP: 90320WAH6<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48047.02     | 0.03%             | 2043-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCG4<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56823.62     | 0.03%             | 2028-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Connecticut Light and Power Co. (The)                                               | Connecticut Light and Power Co. (The)                                               | CUSIP: 207597EP6<br>LEI: 549300O45IUXEDS1VZ32 | Long             | DBT              | CORP              | US        |     68000 | PA      | $62379.28     | 0.03%             | 2053-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PDU7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4081.95      | 0.00%             | 2029-07-24      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272BU1<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    158000 | PA      | $158972.14    | 0.09%             | 2034-04-04      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CubeSmart, L.P.                                                                     | CubeSmart, L.P.                                                                     | CUSIP: 22966RAJ5<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |     16000 | PA      | $13560.32     | 0.01%             | 2032-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272CA4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    180000 | PA      | $180552.63    | 0.10%             | 2035-04-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EZ8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    458000 | PA      | $460290.21    | 0.25%             | 2031-05-13      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Transmission, LLC                                                       | FirstEnergy Transmission, LLC                                                       | CUSIP: 33767BAG4<br>LEI: 549300AINIIPOLYX2R63 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65419.57     | 0.04%             | 2030-01-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Eli Lilly and Co.                                                                   | Eli Lilly and Co.                                                                   | CUSIP: 532457CN6<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    123000 | PA      | $110884.33    | 0.06%             | 2064-02-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAU6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94697.10     | 0.05%             | 2034-12-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21621.09     | 0.01%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| American National Global Funding                                                    | American National Global Funding                                                    | CUSIP: 02771D2A1<br>LEI: 63540033TQXTOXKK1L93 | Long             | DBT              | CORP              | US        |     69000 | PA      | $69990.97     | 0.04%             | 2030-01-28      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Woodside Finance Ltd.                                                               | Woodside Finance Ltd.                                                               | CUSIP: 980236AU7<br>LEI: 254900AIZKU6TGRRNZ98 | Long             | DBT              | CORP              | AU        |     28000 | PA      | $27967.34     | 0.02%             | 2032-05-19      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Baltimore Gas and Electric Co.                                                      | Baltimore Gas and Electric Co.                                                      | CUSIP: 059165ET3<br>LEI: 88V8C2WYSOD1SPSSLH72 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97688.54     | 0.05%             | 2035-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                                                                    | Mitsubishi Corp.                                                                    | CUSIP: 606769AJ6<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203525.15    | 0.11%             | 2029-07-02      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial, Inc.                                                          | Ameriprise Financial, Inc.                                                          | CUSIP: 03076CAN6<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     92000 | PA      | $95905.73     | 0.05%             | 2028-12-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                                | Royal Bank of Canada                                                                | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    414000 | PA      | $431426.09    | 0.23%             | 2084-05-02      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NEB3<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    160000 | PA      | $165911.26    | 0.09%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XBT7<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    170000 | PA      | $166564.08    | 0.09%             | 2033-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                                                | Banco Santander S.A.                                                                | CUSIP: 05964HBH7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    190476 | PA      | $199459.42    | 0.11%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 637432PB5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    480000 | PA      | $497284.32    | 0.27%             | 2053-09-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Northern Natural Gas Co.                                                            | Northern Natural Gas Co.                                                            | CUSIP: 665501AM4<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14120.75     | 0.01%             | 2051-10-16      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                                        | Diversified Healthcare Trust                                                        | CUSIP: 25525PAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $141294.64    | 0.08%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                               | Athene Global Funding                                                               | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    122000 | PA      | $124589.21    | 0.07%             | 2029-01-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Aon Corp. / Aon Global Holdings PLC                                                 | Aon Corp. / Aon Global Holdings PLC                                                 | CUSIP: 03740LAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     34000 | PA      | $34592.44     | 0.02%             | 2033-02-28      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GreenSaif Pipelines Bidco S.a.r.l.                                                  | GreenSaif Pipelines Bidco S.a.r.l.                                                  | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    205000 | PA      | $205411.69    | 0.11%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                           | Global Atlantic (Fin) Co.                                                           | CUSIP: 37959GAB3<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11324.75     | 0.01%             | 2031-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3D3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     69000 | PA      | $69317.02     | 0.04%             | 2034-04-24      | Variable      | 5.39%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                     | Solventum Corp.                                                                     | CUSIP: 83444MAP6<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    128000 | PA      | $130648.61    | 0.07%             | 2029-03-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | CUSIP: 709599BN3<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14920.36     | 0.01%             | 2027-07-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp.                                                              | Norfolk Southern Corp.                                                              | CUSIP: 655844CU0<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92506.83     | 0.05%             | 2064-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-3A, Class A2I                                       | CUSIP: 864300AJ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    238800 | PA      | $235306.59    | 0.13%             | 2054-07-30      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PDA1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3983.67      | 0.00%             | 2028-04-26      | Variable      | 4.32%                 | No            |                  2 | On Loan: No      |
| Eni S.p.A.                                                                          | Eni S.p.A.                                                                          | CUSIP: 26874RAN8<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    217000 | PA      | $215279.74    | 0.12%             | 2034-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bank of New Zealand                                                                 | Bank of New Zealand                                                                 | CUSIP: 064064AB4<br>LEI: N7LGVZM7X4UQ66T7LT74 | Long             | DBT              | CORP              | NZ        |    256000 | PA      | $259460.65    | 0.14%             | 2035-01-28      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group, L.P.                                                             | Kite Realty Group, L.P.                                                             | CUSIP: 49803XAE3<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26868.70     | 0.01%             | 2034-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Peruvian Government International Bond                                              | Peruvian Government International Bond                                              | CUSIP: 715638EB4<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     84000 | PA      | $82803.00     | 0.05%             | 2035-02-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                                                       | MetLife, Inc.                                                                       | CUSIP: 59156RCC0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35446.81     | 0.02%             | 2052-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                                               | Keurig Dr Pepper Inc.                                                               | CUSIP: 49271VAZ3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     68000 | PA      | $67779.77     | 0.04%             | 2028-05-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GML0<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59892.32     | 0.03%             | 2031-01-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BN2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    189000 | PA      | $190792.71    | 0.10%             | 2053-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank, Ltd.                                                    | Sumitomo Mitsui Trust Bank, Ltd.                                                    | CUSIP: 86563VBQ1<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    206000 | PA      | $210075.63    | 0.11%             | 2029-03-07      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VGC2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     65000 | PA      | $43827.26     | 0.02%             | 2061-03-22      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                                | Jane Street Group / JSG Finance Inc.                                                | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    216000 | PA      | $221660.71    | 0.12%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3K7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135812.29    | 0.07%             | 2035-01-23      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC / New Red Finance Inc.                                               | 1011778 BC ULC / New Red Finance Inc.                                               | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     80000 | PA      | $80561.68     | 0.04%             | 2029-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                                               | International Business Machines Corp.                                               | CUSIP: 459200LG4<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |    422000 | PA      | $425964.58    | 0.23%             | 2030-02-10      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.                                     | South Bow Canadian Infrastructure Holdings Ltd.                                     | CUSIP: 836720AF9<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    177000 | PA      | $178828.59    | 0.10%             | 2055-03-01      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                            | Venture Global LNG, Inc.                                                            | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    199000 | PA      | $212884.43    | 0.12%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Georgia-Pacific LLC                                                                 | Georgia-Pacific LLC                                                                 | CUSIP: 37331NAT8<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     93000 | PA      | $93296.78     | 0.05%             | 2032-06-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC93<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    340000 | PA      | $345046.34    | 0.19%             | 2031-04-23      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272CB2<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68677.95     | 0.04%             | 2055-04-01      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| Citadel L.P.                                                                        | Citadel L.P.                                                                        | CUSIP: 17288XAC8<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46493.65     | 0.03%             | 2032-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                                                         | Rio Tinto Finance (USA) PLC                                                         | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    114000 | PA      | $110929.30    | 0.06%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                                           | Corebridge Global Funding                                                           | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    193000 | PA      | $194395.97    | 0.11%             | 2026-09-25      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership L.P.                                         | Invitation Homes Operating Partnership L.P.                                         | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6499.32      | 0.00%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                                                          | Duke Energy Carolinas, LLC                                                          | CUSIP: 26442CBK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    130000 | PA      | $120284.21    | 0.07%             | 2053-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477CG6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    136000 | PA      | $142209.17    | 0.08%             | 2034-11-21      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Ziply Fiber Issuer LLC                                                              | Ziply Fiber Issuer LLC, Series 2024-1A, Class A2                                    | CUSIP: 98979QAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    308000 | PA      | $315896.63    | 0.17%             | 2054-04-20      | Fixed         | 6.64%                 | No            |                  2 | On Loan: No      |
| Engie                                                                               | Engie                                                                               | CUSIP: 29286DAB1<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $202637.70    | 0.11%             | 2034-04-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477CW1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    256000 | PA      | $257653.12    | 0.14%             | 2030-02-28      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676BA2<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    289000 | PA      | $288024.91    | 0.16%             | 2035-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Romanian Government International Bond                                              | Romanian Government International Bond                                              | CUSIP: 77586RAQ3<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    190000 | PA      | $194313.83    | 0.11%             | 2028-02-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                                                      | AIA Group Ltd.                                                                      | CUSIP: 00131LAR6<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    210000 | PA      | $204574.49    | 0.11%             | 2035-03-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                                                 | Athene Holding Ltd.                                                                 | CUSIP: 04686JAL5<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    216000 | PA      | $215322.81    | 0.12%             | 2055-05-19      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                                                         | Rio Tinto Finance (USA) PLC                                                         | CUSIP: 76720AAS5<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    143000 | PA      | $144654.35    | 0.08%             | 2030-03-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| B.A.T Capital Corp.                                                                 | B.A.T Capital Corp.                                                                 | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     20000 | PA      | $21643.70     | 0.01%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| Cummins Inc.                                                                        | Cummins Inc.                                                                        | CUSIP: 231021BA3<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | DBT              | CORP              | US        |    349000 | PA      | $348708.59    | 0.19%             | 2035-05-09      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Brown-Forman Corp.                                                                  | Brown-Forman Corp.                                                                  | CUSIP: 115637AU4<br>LEI: 549300873K3LXF7ARU34 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26738.45     | 0.01%             | 2033-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DF8<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    364000 | PA      | $365944.43    | 0.20%             | 2035-04-17      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                            | Group 1 Automotive, Inc.                                                            | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     92000 | PA      | $93864.47     | 0.05%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                                                 | Realty Income Corp.                                                                 | CUSIP: 756109CQ5<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     33000 | PA      | $30934.84     | 0.02%             | 2054-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Capital Power (US Holdings) Inc.                                                    | Capital Power (US Holdings) Inc.                                                    | CUSIP: 14041TAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $247016.59    | 0.13%             | 2035-06-01      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC                                             | Mercedes-Benz Finance North America LLC                                             | CUSIP: 58769JAX5<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    214000 | PA      | $210548.57    | 0.11%             | 2034-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CK0<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    171000 | PA      | $170295.84    | 0.09%             | 2055-05-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Howmet Aerospace Inc.                                                               | Howmet Aerospace Inc.                                                               | CUSIP: 443201AC2<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16015.49     | 0.01%             | 2031-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| CK Hutchison International (23) Ltd.                                                | CK Hutchison International (23) Ltd.                                                | CUSIP: 12570FAA9<br>LEI: 2549003AJI1YI8883K46 | Long             | DBT              | CORP              | KY        |    331000 | PA      | $332050.50    | 0.18%             | 2028-04-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co.                                                              | MidAmerican Energy Co.                                                              | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65824.40     | 0.04%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| M&T Bank Corp.                                                                      | M&T Bank Corp., Series J, Pfd.                                                      | CUSIP: 55261F864<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     12854 | NS      | $333946.92    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MidAmerican Energy Co.                                                              | MidAmerican Energy Co.                                                              | CUSIP: 595620AX3<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29746.93     | 0.02%             | 2034-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                           | South Bow USA Infrastructure Holdings LLC                                           | CUSIP: 83007CAE2<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |     42000 | PA      | $40446.64     | 0.02%             | 2034-10-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830CD9<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4910.22      | 0.00%             | 2034-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Carrier Global Corp.                                                                | Carrier Global Corp.                                                                | CUSIP: 14448CBC7<br>LEI: 549300JE3W6CWY2NAN77 | Long             | DBT              | CORP              | US        |     28000 | PA      | $29428.29     | 0.02%             | 2034-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp.                                                                | Dollar General Corp.                                                                | CUSIP: 256677AL9<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |     29000 | PA      | $28535.23     | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co. LLC                                                | Columbia Pipelines Operating Co. LLC                                                | CUSIP: 19828TAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $120985.15    | 0.07%             | 2054-10-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PEV0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20036.30     | 0.01%             | 2033-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners L.P./ Antero Midstream Finance Corp.                      | Antero Midstream Partners L.P./ Antero Midstream Finance Corp.                      | CUSIP: 03690AAK2<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    289000 | PA      | $295409.44    | 0.16%             | 2032-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                                                     | Phillips 66 Co.                                                                     | CUSIP: 718547AR3<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    121000 | PA      | $120518.01    | 0.07%             | 2033-06-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3W1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    338000 | PA      | $342155.49    | 0.19%             | 2031-04-23      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| MAG Mutual Holding Co.                                                              | MAG Mutual Holding Co.                                                              | CUSIP: 55261HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1039000 | PA      | $937178.00    | 0.51%             | 2041-04-30      | Fixed         | 4.75%                 | No            |                  3 | On Loan: No      |
| Duke Energy Indiana, LLC                                                            | Duke Energy Indiana, LLC                                                            | CUSIP: 26443TAF3<br>LEI: 6URPHM2EAWGJ2C6ISB97 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51521.12     | 0.03%             | 2055-05-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Synopsys, Inc.                                                                      | Synopsys, Inc.                                                                      | CUSIP: 871607AG2<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     49000 | PA      | $46811.52     | 0.03%             | 2055-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc.                                                          | Huntington Bancshares Inc.                                                          | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29958.72     | 0.02%             | 2028-08-04      | Variable      | 4.44%                 | No            |                  2 | On Loan: No      |
| Engie                                                                               | Engie                                                                               | CUSIP: 29286DAA3<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | DBT              | CORP              | FR        |    205000 | PA      | $208782.04    | 0.11%             | 2029-04-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hexcel Corp.                                                                        | Hexcel Corp.                                                                        | CUSIP: 428291AP3<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17978.18     | 0.01%             | 2035-02-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Arthur J. Gallagher & Co.                                                           | Arthur J. Gallagher & Co.                                                           | CUSIP: 04316JAN9<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     68000 | PA      | $66957.11     | 0.04%             | 2035-02-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Nordson Corp.                                                                       | Nordson Corp.                                                                       | CUSIP: 655663AA0<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21529.95     | 0.01%             | 2028-09-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                                              | GFL Environmental Inc.                                                              | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     96000 | PA      | $91505.80     | 0.05%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PEQ1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    149000 | PA      | $152620.67    | 0.08%             | 2030-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DH4<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    287000 | PA      | $291474.04    | 0.16%             | 2036-01-16      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Cargill, Inc.                                                                       | Cargill, Inc.                                                                       | CUSIP: 141781CB8<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52076.51     | 0.03%             | 2033-04-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                                  | Vodafone Group PLC                                                                  | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     92000 | PA      | $68238.18     | 0.04%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Walmart Inc.                                                                        | Walmart Inc.                                                                        | CUSIP: 931142FN8<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     99000 | PA      | $99394.62     | 0.05%             | 2030-04-28      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3F8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40525.11     | 0.02%             | 2034-07-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264AAZ8<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    111000 | PA      | $89615.47     | 0.05%             | 2050-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                         | Nationwide Building Society                                                         | CUSIP: 63861VAJ6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    242000 | PA      | $247882.36    | 0.13%             | 2027-10-18      | Variable      | 6.56%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                                                       | Calpine Corp.                                                                       | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    140000 | PA      | $138870.61    | 0.08%             | 2028-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAS1<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     77000 | PA      | $78142.76     | 0.04%             | 2034-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Smith & Nephew PLC                                                                  | Smith & Nephew PLC                                                                  | CUSIP: 83192PAD0<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |      6000 | PA      | $5981.45      | 0.00%             | 2034-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC                                            | Volkswagen Group of America Finance, LLC                                            | CUSIP: 928668CG5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    255000 | PA      | $256529.28    | 0.14%             | 2029-03-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric, LLC                                            | CenterPoint Energy Houston Electric, LLC, Series AJ                                 | CUSIP: 15189XBA5<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    174000 | PA      | $150694.01    | 0.08%             | 2052-10-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| AGCO Corp.                                                                          | AGCO Corp.                                                                          | CUSIP: 001084AR3<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17142.97     | 0.01%             | 2027-03-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                           | Global Atlantic (Fin) Co.                                                           | CUSIP: 37959GAC1<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |     98000 | PA      | $95084.44     | 0.05%             | 2051-10-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| CACI International Inc.                                                             | CACI International Inc.                                                             | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52055.19     | 0.03%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830BT5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     47000 | PA      | $35992.19     | 0.02%             | 2062-06-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AstraZeneca Finance LLC                                                             | AstraZeneca Finance LLC                                                             | CUSIP: 04636NAM5<br>LEI: 549300C3HATU4Q460S18 | Long             | DBT              | CORP              | US        |    119000 | PA      | $121285.98    | 0.07%             | 2031-02-26      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                          | Occidental Petroleum Corp.                                                          | CUSIP: 674599CL7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    136000 | PA      | $90070.50     | 0.05%             | 2047-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                          | Occidental Petroleum Corp.                                                          | CUSIP: 674599CF0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    101000 | PA      | $74030.21     | 0.04%             | 2045-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co. Inc.                                                  | Hilton Domestic Operating Co. Inc.                                                  | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78817.13     | 0.04%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Zayo Issuer, LLC                                                                    | Zayo Issuer, LLC, Series 2025-2A, Class A2                                          | CUSIP: 98919WAG8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    258000 | PA      | $261224.28    | 0.14%             | 2055-06-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EnerSys                                                                             | EnerSys                                                                             | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93936.80     | 0.05%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                                                         | Rio Tinto Finance (USA) PLC                                                         | CUSIP: 76720AAW6<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |     73000 | PA      | $71156.65     | 0.04%             | 2065-03-14      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Camelot Finance S.A.                                                                | Camelot Finance S.A.                                                                | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     27000 | PA      | $26866.17     | 0.01%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3994.08      | 0.00%             | 2029-01-24      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                                              | Hilcorp Energy I, L.P.                                                              | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |     63000 | PA      | $58433.14     | 0.03%             | 2035-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                          | Rogers Communications Inc.                                                          | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    105000 | PA      | $105866.16    | 0.06%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    284000 | PA      | $303311.66    | 0.16%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                       | Enbridge Inc., Series NC5                                                           | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    123000 | PA      | $129245.82    | 0.07%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                                 | Bank of New York Mellon Corp. (The)                                                 | CUSIP: 06406RBX4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5053.97      | 0.00%             | 2028-07-21      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric, LLC                                            | CenterPoint Energy Houston Electric, LLC                                            | CUSIP: 15189XBF4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |     71000 | PA      | $69907.05     | 0.04%             | 2035-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ING Groep N.V.                                                                      | ING Groep N.V.                                                                      | CUSIP: 456837BL6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $203937.89    | 0.11%             | 2030-03-19      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| Keysight Technologies, Inc.                                                         | Keysight Technologies, Inc.                                                         | CUSIP: 49338LAH6<br>LEI: 549300GLKVIO8YRCYN02 | Long             | DBT              | CORP              | US        |    154000 | PA      | $157184.38    | 0.09%             | 2030-07-30      | Fixed         | 5.35%                 | 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      | $-2895.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I, L.P.                        | Phillips Edison Grocery Center Operating Partnership I, L.P.                        | CUSIP: 71845JAC2<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |     93000 | PA      | $88595.43     | 0.05%             | 2035-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCQ2<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    274000 | PA      | $274957.40    | 0.15%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FIEMEX Energia - Banco Actinver S.A. Institucion de Banca Multiple                  | FIEMEX Energia - Banco Actinver S.A. Institucion de Banca Multiple                  | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    213764 | PA      | $211305.54    | 0.11%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Holdings, Inc.                                                          | Lamb Weston Holdings, Inc.                                                          | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    102000 | PA      | $94170.18     | 0.05%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceuticals Finance Netherlands B.V.                                       | Teva Pharmaceuticals Finance Netherlands B.V.                                       | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    214000 | PA      | $216101.91    | 0.12%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17728.95     | 0.01%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial, Inc.                                                          | Ameriprise Financial, Inc.                                                          | CUSIP: 03076CAP1<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    294000 | PA      | $291541.99    | 0.16%             | 2035-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties L.P./ RHP Finance Corp.                                        | RHP Hotel Properties L.P./ RHP Finance Corp.                                        | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $94656.72     | 0.05%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| O'Reilly Automotive, Inc.                                                           | O'Reilly Automotive, Inc.                                                           | CUSIP: 67103HAN7<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    179000 | PA      | $174789.33    | 0.10%             | 2034-08-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                      | Carnival Corp.                                                                      | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     58000 | PA      | $58181.33     | 0.03%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8T2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47169.27     | 0.03%             | 2031-08-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    229000 | PA      | $233201.69    | 0.13%             | N/A             | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Clarios Global L.P./ Clarios US Finance Co.                                         | Clarios Global L.P./ Clarios US Finance Co.                                         | CUSIP: 18060TAD7<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | US        |    168000 | PA      | $171234.84    | 0.09%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                                         | Capital One Financial Corp.                                                         | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     57000 | PA      | $58822.37     | 0.03%             | 2027-10-29      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8V7<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    134000 | PA      | $127297.47    | 0.07%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GXO Logistics, Inc.                                                                 | GXO Logistics, Inc.                                                                 | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    108000 | PA      | $110489.90    | 0.06%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                                   | Merck & Co., Inc.                                                                   | CUSIP: 58933YBN4<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31511.06     | 0.02%             | 2063-05-17      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                                        | Honeywell International Inc.                                                        | CUSIP: 438516CL8<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60753.55     | 0.03%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc., Series DD                                                           | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    166000 | PA      | $170788.44    | 0.09%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Co.                                                               | Saudi Arabian Oil Co.                                                               | CUSIP: 80414L3F0<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    340000 | PA      | $333664.10    | 0.18%             | 2055-06-02      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                                                | Clear Channel Outdoor Holdings, Inc.                                                | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     94000 | PA      | $92017.29     | 0.05%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                  | Ares Capital Corp.                                                                  | CUSIP: 04010LBH5<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2957.89      | 0.00%             | 2032-03-08      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Gray Media, Inc.                                                                    | Gray Media, Inc.                                                                    | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     17000 | PA      | $18094.05     | 0.01%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Australia and New Zealand Banking Group Ltd.                                        | Australia and New Zealand Banking Group Ltd.                                        | CUSIP: 052528AT3<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    680000 | PA      | $660343.60    | 0.36%             | 2035-09-30      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                                               | WMG Acquisition Corp.                                                               | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88377.18     | 0.05%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                       | Enbridge Inc.                                                                       | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    129000 | PA      | $133874.47    | 0.07%             | 2083-01-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co.                                                           | Northern States Power Co.                                                           | CUSIP: 665772DA4<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |     77000 | PA      | $74743.67     | 0.04%             | 2055-05-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                         | Macy's Retail Holdings, LLC                                                         | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6494.93      | 0.00%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                        | Fiserv, Inc.                                                                        | CUSIP: 337738BL1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    208000 | PA      | $208582.86    | 0.11%             | 2034-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                                             | CUSIP: 44891ADM6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107314.13    | 0.06%             | 2030-01-08      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Houston Electric, LLC                                            | CenterPoint Energy Houston Electric, LLC                                            | CUSIP: 15189XBG2<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    133000 | PA      | $134372.53    | 0.07%             | 2030-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                           | Toyota Motor Credit Corp.                                                           | CUSIP: 89236TMK8<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3007.71      | 0.00%             | 2029-08-09      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Stena International S.A.                                                            | Stena International S.A.                                                            | CUSIP: 85858EAE3<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |    398000 | PA      | $403484.84    | 0.22%             | 2031-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Moody's Corp.                                                                       | Moody's Corp.                                                                       | CUSIP: 615369AE5<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |    153000 | PA      | $142339.76    | 0.08%             | 2044-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Phillips Edison Grocery Center Operating Partnership I, L.P.                        | Phillips Edison Grocery Center Operating Partnership I, L.P.                        | CUSIP: 71845JAB4<br>LEI: 549300WUPIVS6ZE0ZI51 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39307.06     | 0.02%             | 2034-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Northern Natural Gas Co.                                                            | Northern Natural Gas Co.                                                            | CUSIP: 665501AN2<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |     36000 | PA      | $33469.22     | 0.02%             | 2054-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                                               | Cardinal Health, Inc.                                                               | CUSIP: 14149YBP2<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56564.22     | 0.03%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| NESCO Holdings II, Inc.                                                             | NESCO Holdings II, Inc.                                                             | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |    144000 | PA      | $135783.29    | 0.07%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | CUSIP: 161175BN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $104494.26    | 0.06%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                     | Intercontinental Exchange, Inc.                                                     | CUSIP: 45866FAX2<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    114000 | PA      | $101130.03    | 0.05%             | 2052-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                                                 | Huntington Ingalls Industries, Inc.                                                 | CUSIP: 446413BA3<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32515.52     | 0.02%             | 2030-01-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BP Capital Markets PLC                                                              | BP Capital Markets PLC                                                              | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | DBT              | CORP              | GB        |    328000 | PA      | $321858.76    | 0.17%             | N/A             | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Skyworks Solutions, Inc.                                                            | Skyworks Solutions, Inc.                                                            | CUSIP: 83088MAL6<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9585.26      | 0.01%             | 2031-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Radian Group Inc.                                                                   | Radian Group Inc.                                                                   | CUSIP: 750236AY7<br>LEI: 54930005OUP720S5U385 | Long             | DBT              | CORP              | US        |     71000 | PA      | $73123.13     | 0.04%             | 2029-05-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc.                                                | Acrisure LLC / Acrisure Finance Inc.                                                | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    136000 | PA      | $140426.67    | 0.08%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650DX5<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15129.78     | 0.01%             | 2031-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                                                    | Sealed Air Corp.                                                                    | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     44000 | PA      | $46126.38     | 0.03%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc.                                                | Public Service Enterprise Group Inc.                                                | CUSIP: 744573AX4<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    134000 | PA      | $140533.91    | 0.08%             | 2033-10-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co. (The)                                                                 | Coca-Cola Co. (The)                                                                 | CUSIP: 191216DT4<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13265.90     | 0.01%             | 2064-05-13      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                  | LPL Holdings, Inc.                                                                  | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    143000 | PA      | $142089.48    | 0.08%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                                           | Corebridge Global Funding                                                           | CUSIP: 00138CAX6<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    109000 | PA      | $111122.11    | 0.06%             | 2029-01-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    166000 | PA      | $167081.57    | 0.09%             | 2028-04-23      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance (USA) Ltd.                                                     | BHP Billiton Finance (USA) Ltd.                                                     | CUSIP: 055451BD9<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |     92000 | PA      | $94604.90     | 0.05%             | 2030-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VAP5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14345.23     | 0.01%             | 2028-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Huntington Ingalls Industries, Inc.                                                 | Huntington Ingalls Industries, Inc.                                                 | CUSIP: 446413BB1<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | DBT              | CORP              | US        |    101000 | PA      | $102293.85    | 0.06%             | 2035-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    116000 | PA      | $123857.96    | 0.07%             | N/A             | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DT3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118589.94    | 0.06%             | 2030-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                                                                  | Ryder System, Inc.                                                                  | CUSIP: 78355HLD9<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53068.44     | 0.03%             | 2029-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PHINIA Inc.                                                                         | PHINIA Inc.                                                                         | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40934.48     | 0.02%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEU6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2017.87      | 0.00%             | 2029-01-24      | Variable      | 4.92%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                            | Celanese US Holdings LLC                                                            | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     89000 | PA      | $92977.41     | 0.05%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Roller Bearing Co. of America, Inc.                                                 | Roller Bearing Co. of America, Inc.                                                 | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |     97000 | PA      | $92723.36     | 0.05%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                  | Iron Mountain Inc.                                                                  | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     99000 | PA      | $92858.48     | 0.05%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                                         | BNP Paribas                                                                         | CUSIP: 09659W3B8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    417000 | PA      | $420179.92    | 0.23%             | 2029-05-09      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                                            | Comstock Resources, Inc.                                                            | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90759.02     | 0.05%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury Long Bond Future                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        58 | NC      | $84180.33     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent, L.P.                                                         | American Homes 4 Rent, L.P.                                                         | CUSIP: 02666TAH0<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139473.99    | 0.08%             | 2034-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VGK4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     21000 | PA      | $15883.39     | 0.01%             | 2041-03-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                                             | CUSIP: 44891ACD7<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4073.59      | 0.00%             | 2028-03-30      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| GXO Logistics, Inc.                                                                 | GXO Logistics, Inc.                                                                 | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |     94000 | PA      | $96286.55     | 0.05%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hewlett Packard Enterprise Co.                                                      | Hewlett Packard Enterprise Co.                                                      | CUSIP: 42824CBW8<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |    237000 | PA      | $221372.40    | 0.12%             | 2054-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457CQ1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     63000 | PA      | $61263.18     | 0.03%             | 2055-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    188000 | PA      | $190774.22    | 0.10%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Ball Corp.                                                                          | Ball Corp.                                                                          | CUSIP: N/A<br>LEI: 0BGI85ALH27ZJP15DY16       | Long             | DBT              | CORP              | US        |    100000 | PA      | $115560.44    | 0.06%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    313000 | PA      | $332081.41    | 0.18%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Aethon United BR L.P./ Aethon United Finance Corp.                                  | Aethon United BR L.P./ Aethon United Finance Corp.                                  | CUSIP: 00810GAD6<br>LEI: 5493007HPG2M9K9X5V41 | Long             | DBT              | CORP              | US        |    255000 | PA      | $261498.42    | 0.14%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Kroger Co. (The)                                                                    | Kroger Co. (The)                                                                    | CUSIP: 501044DX6<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    132000 | PA      | $121985.85    | 0.07%             | 2064-09-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                         | Kenvue Inc.                                                                         | CUSIP: 49177JAM4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     61000 | PA      | $57682.79     | 0.03%             | 2043-03-22      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                               | Targa Resources Corp.                                                               | CUSIP: 87612KAC6<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    126000 | PA      | $120467.95    | 0.07%             | 2052-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AS Mileage Plan IP Ltd.                                                             | AS Mileage Plan IP Ltd.                                                             | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     83000 | PA      | $80788.72     | 0.04%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                                                  | Atmos Energy Corp.                                                                  | CUSIP: 049560AZ8<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     58000 | PA      | $61298.73     | 0.03%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Var Energi ASA                                                                      | Var Energi ASA                                                                      | CUSIP: 92212WAF7<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    200000 | PA      | $202367.93    | 0.11%             | 2030-05-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                            | PNC Financial Services Group, Inc. (The)                                            | CUSIP: 693475BE4<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6654.61      | 0.00%             | 2033-06-06      | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                         | Marsh & McLennan Cos., Inc.                                                         | CUSIP: 571748BV3<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    115000 | PA      | $112606.84    | 0.06%             | 2053-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp.                                                              | Northrop Grumman Corp.                                                              | CUSIP: 666807CJ9<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     34000 | PA      | $29853.02     | 0.02%             | 2053-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                                                        | Vistra Corp.                                                                        | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     92000 | PA      | $93632.08     | 0.05%             | N/A             | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| AGCO Corp.                                                                          | AGCO Corp.                                                                          | CUSIP: 001084AS1<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95309.56     | 0.05%             | 2034-03-21      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp.                                                                 | Expand Energy Corp.                                                                 | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37823.18     | 0.02%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                     | Intercontinental Exchange, Inc.                                                     | CUSIP: 45866FAW4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     69000 | PA      | $67940.37     | 0.04%             | 2033-03-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Clarivate Science Holdings Corp.                                                    | Clarivate Science Holdings Corp.                                                    | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $94428.26     | 0.05%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Holdings, Inc.                                                          | Lamb Weston Holdings, Inc.                                                          | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     63000 | PA      | $59481.36     | 0.03%             | 2030-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 912810UG1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   3732700 | PA      | $3561229.09   | 1.94%             | 2055-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Holcim Finance US LLC                                                               | Holcim Finance US LLC                                                               | CUSIP: 43475RAB2<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    169000 | PA      | $169913.52    | 0.09%             | 2028-04-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Hertz Corp. (The)                                                                   | Hertz Corp. (The)                                                                   | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10192.13     | 0.01%             | 2029-07-15      | Fixed         | 12.62%                | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                                                   | Duke Energy Corp.                                                                   | CUSIP: 26441CCC7<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65700.47     | 0.04%             | 2029-01-05      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Public Service Co. of Colorado                                                      | Public Service Co. of Colorado                                                      | CUSIP: 744448CY5<br>LEI: 5BANEF6PGSEK0SNMQF44 | Long             | DBT              | CORP              | US        |     69000 | PA      | $61320.09     | 0.03%             | 2053-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wendy's Funding, LLC                                                                | Wendy's Funding, LLC, Series 2018-1A, Class A2II                                    | CUSIP: 95058XAE8<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |    621302 | PA      | $603526.21    | 0.33%             | 2048-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                                                        | Exelon Corp.                                                                        | CUSIP: 30161NBL4<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    140000 | PA      | $130242.97    | 0.07%             | 2053-03-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCK5<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    178000 | PA      | $163391.44    | 0.09%             | 2054-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings, LLC                                                    | Eastern Energy Gas Holdings, LLC                                                    | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |     59000 | PA      | $54462.29     | 0.03%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PDC7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     71000 | PA      | $69240.44     | 0.04%             | 2033-04-26      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    122000 | PA      | $120817.64    | 0.07%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Oklahoma Gas and Electric Co.                                                       | Oklahoma Gas and Electric Co.                                                       | CUSIP: 678858BY6<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |    324000 | PA      | $308235.21    | 0.17%             | 2053-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GA95<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    133000 | PA      | $136921.88    | 0.07%             | 2035-04-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 912810UL0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250500 | PA      | $253083.28    | 0.14%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                            | HCA Inc.                                                                            | CUSIP: 404119CR8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135837.00    | 0.07%             | 2053-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                             | Level 3 Financing, Inc.                                                             | CUSIP: 527298BU6<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     32000 | PA      | $35080.00     | 0.02%             | 2030-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8U9<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    107000 | PA      | $105850.17    | 0.06%             | 2034-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ONEOK Partners, L.P.                                                                | ONEOK Partners, L.P.                                                                | CUSIP: 68268NAD5<br>LEI: T4DHW82NMF6BXJT50795 | Long             | DBT              | CORP              | US        |    139000 | PA      | $146942.34    | 0.08%             | 2037-10-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Entergy Texas, Inc.                                                                 | Entergy Texas, Inc.                                                                 | CUSIP: 29365TAP9<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |     73000 | PA      | $67677.31     | 0.04%             | 2054-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Public Service Co. of New Hampshire                                                 | Public Service Co. of New Hampshire                                                 | CUSIP: 744538AF6<br>LEI: 549300SHPFALUPKK2351 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42733.09     | 0.02%             | 2033-10-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd.                                                        | CUSIP: 05401AAS0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |    124000 | PA      | $128401.00    | 0.07%             | 2028-05-04      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                                             | SS&C Technologies, Inc.                                                             | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     77000 | PA      | $79121.12     | 0.04%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | Charter Communications Operating LLC/Charter Communications Operating Capital Corp. | CUSIP: 161175CP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208000 | PA      | $218729.00    | 0.12%             | 2034-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    190000 | PA      | $167491.80    | 0.09%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                     | Solventum Corp.                                                                     | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    223000 | PA      | $224999.27    | 0.12%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                                     | Nordea Bank Abp                                                                     | CUSIP: 65558RAK5<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    200000 | PA      | $193819.50    | 0.11%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 91282CNA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    169000 | PA      | $167362.81    | 0.09%             | 2032-04-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816ED7<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4023.14      | 0.00%             | 2029-04-25      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KCH1<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    113000 | PA      | $113362.70    | 0.06%             | 2027-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Jabil Inc.                                                                          | Jabil Inc.                                                                          | CUSIP: 466313AK9<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10782.80     | 0.01%             | 2031-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp.                                                              | Norfolk Southern Corp.                                                              | CUSIP: 655844CV8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42491.84     | 0.02%             | 2035-05-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| EnPro Inc.                                                                          | EnPro Inc.                                                                          | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |    423000 | PA      | $427203.52    | 0.23%             | 2033-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Horizon Mutual Holdings, Inc.                                                       | Horizon Mutual Holdings, Inc.                                                       | CUSIP: 43990FAA6<br>LEI: 254900R6BWV4LUXBN549 | Long             | DBT              | CORP              | US        |    646000 | PA      | $626670.38    | 0.34%             | 2034-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    331000 | PA      | $330769.52    | 0.18%             | N/A             | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                      | ZF North America Capital, Inc.                                                      | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    106000 | PA      | $100772.62    | 0.05%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8R6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    162000 | PA      | $160179.61    | 0.09%             | 2063-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                                         | BNP Paribas                                                                         | CUSIP: 09659W3C6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $199721.64    | 0.11%             | 2029-05-09      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                     | Intercontinental Exchange, Inc.                                                     | CUSIP: 45866FAY0<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |    145000 | PA      | $131237.18    | 0.07%             | 2062-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                             | Level 3 Financing, Inc.                                                             | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     32000 | PA      | $36341.30     | 0.02%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                                      | Carnival Corp.                                                                      | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    111000 | PA      | $111343.48    | 0.06%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                               | Cleveland-Cliffs Inc.                                                               | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18201.52     | 0.01%             | 2040-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Adventist Health System                                                             | Adventist Health System                                                             | CUSIP: 007944AK7<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60220.16     | 0.03%             | 2034-12-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Africa Finance Corp.                                                                | Africa Finance Corp.                                                                | CUSIP: 00830YAC5<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | CORP              | NG        |   1080000 | PA      | $1068529.05   | 0.58%             | 2026-04-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                    | Bank of Montreal                                                                    | CUSIP: 06368L5Q5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $250574.00    | 0.14%             | 2084-11-26      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                                                       | Navient Corp.                                                                       | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99045.81     | 0.05%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                      | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                      | CUSIP: 01883LAF0<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    137000 | PA      | $140215.25    | 0.08%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Evergy Metro, Inc.                                                                  | Evergy Metro, Inc.                                                                  | CUSIP: 30037DAB1<br>LEI: 1128SIJQ26096WL7IO82 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44290.72     | 0.02%             | 2033-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VAS9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     68000 | PA      | $68246.28     | 0.04%             | 2029-02-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830BY4<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     72000 | PA      | $72966.69     | 0.04%             | 2063-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte. Ltd.                                             | Pfizer Investment Enterprises Pte. Ltd.                                             | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |      6000 | PA      | $5902.58      | 0.00%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Corp. Financiera de Desarrollo S.A. - COFIDE                                        | Corp. Financiera de Desarrollo S.A. - COFIDE                                        | CUSIP: 21987DAG9<br>LEI: 254900BOM7T4MG6T0J30 | Long             | DBT              | NUSS              | PE        |    200000 | PA      | $205069.00    | 0.11%             | 2029-04-30      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC, Series D                                         | CUSIP: 29379VBM4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    127000 | PA      | $125640.33    | 0.07%             | 2077-08-16      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                     | Solventum Corp.                                                                     | CUSIP: 83444MAT8<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    147000 | PA      | $140379.86    | 0.08%             | 2064-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                                          | Corebridge Financial, Inc.                                                          | CUSIP: 21871XAR0<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    142000 | PA      | $147304.24    | 0.08%             | 2033-09-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Universal Health Services, Inc.                                                     | Universal Health Services, Inc.                                                     | CUSIP: 913903BC3<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |    183000 | PA      | $171890.68    | 0.09%             | 2034-10-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                                                                | Royal Bank of Canada                                                                | CUSIP: 78016HZV5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $3054.78      | 0.00%             | 2029-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                                              | Novartis Capital Corp.                                                              | CUSIP: 66989HAW8<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     98000 | PA      | $85367.04     | 0.05%             | 2054-09-18      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Sammons Financial Group, Inc.                                                       | Sammons Financial Group, Inc.                                                       | CUSIP: 79588TAE0<br>LEI: 254900SHCOQLVJ21CT59 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15028.47     | 0.01%             | 2032-04-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457BZ2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12585.91     | 0.01%             | 2032-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Chile Electricity Lux MPC II S.a.r.l.                                               | Chile Electricity Lux MPC II S.a.r.l.                                               | CUSIP: 16882LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    108503 | PA      | $107948.97    | 0.06%             | 2035-10-20      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Telefonica Emisiones, S.A.U.                                                        | Telefonica Emisiones, S.A.U.                                                        | CUSIP: 87938WAC7<br>LEI: 549300Y5MFC4SW5Z3K71 | Long             | DBT              | CORP              | ES        |    415000 | PA      | $454440.92    | 0.25%             | 2036-06-20      | Fixed         | 7.04%                 | No            |                  2 | On Loan: No      |
| Affiliated Managers Group, Inc.                                                     | Affiliated Managers Group, Inc.                                                     | CUSIP: 008252AR9<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |    289000 | PA      | $284113.57    | 0.15%             | 2034-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                       | Alphabet Inc.                                                                       | CUSIP: 02079KAN7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    121000 | PA      | $115950.37    | 0.06%             | 2065-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VFV1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    114000 | PA      | $65284.10     | 0.04%             | 2060-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-3A, Class A2I                                       | CUSIP: 864300AG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    233825 | PA      | $230287.58    | 0.13%             | 2054-07-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676AY1<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    118000 | PA      | $118778.61    | 0.06%             | 2030-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| NFE Financing LLC                                                                   | NFE Financing LLC                                                                   | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $14187.81     | 0.01%             | 2029-11-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Whirlpool Corp.                                                                     | Whirlpool Corp.                                                                     | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91937.82     | 0.05%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| High Street Funding Trust III                                                       | High Street Funding Trust III                                                       | CUSIP: 42981FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    108000 | PA      | $102702.73    | 0.06%             | 2055-02-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Lithia Motors, Inc.                                                                 | Lithia Motors, Inc.                                                                 | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    101000 | PA      | $94729.09     | 0.05%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Agree L.P.                                                                          | Agree L.P.                                                                          | CUSIP: 008513AF0<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |    134000 | PA      | $134518.38    | 0.07%             | 2035-06-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Co.                                                               | Saudi Arabian Oil Co.                                                               | CUSIP: 80414L3B9<br>LEI: 5586006WD91QHB7J4X50 | Long             | DBT              | CORP              | SA        |    298000 | PA      | $297600.68    | 0.16%             | 2035-06-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                                                        | Exelon Corp.                                                                        | CUSIP: 30161NBR1<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253353.72    | 0.14%             | 2031-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Cousins Properties L.P.                                                             | Cousins Properties L.P.                                                             | CUSIP: 222793AA9<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    103000 | PA      | $103987.60    | 0.06%             | 2034-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Walker & Dunlop, Inc.                                                               | Walker & Dunlop, Inc.                                                               | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     91000 | PA      | $92227.88     | 0.05%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                                        | Mizuho Financial Group, Inc.                                                        | CUSIP: 60687YDG1<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    325000 | PA      | $329542.53    | 0.18%             | 2035-07-10      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial, Inc.                                                          | Ameriprise Financial, Inc.                                                          | CUSIP: 03076CAM8<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |    176000 | PA      | $177601.96    | 0.10%             | 2033-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112CG6<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107747.09    | 0.06%             | 2032-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                              | Credit Suisse Group AG                                                              | CUSIP: 225401AR9<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    248000 | PA      | $14880.00     | 0.01%             | N/A             | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8J4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    211000 | PA      | $174622.63    | 0.09%             | 2052-08-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                        | Fiserv, Inc.                                                                        | CUSIP: 337738BG2<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    118000 | PA      | $120844.48    | 0.07%             | 2028-08-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mastercard Inc.                                                                     | Mastercard Inc.                                                                     | CUSIP: 57636QAX2<br>LEI: AR5L2ODV9HN37376R084 | Long             | DBT              | CORP              | US        |    179000 | PA      | $180152.69    | 0.10%             | 2033-03-09      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                                      | DTE Energy Co.                                                                      | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43358.92     | 0.02%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Trans-Allegheny Interstate Line Co.                                                 | Trans-Allegheny Interstate Line Co.                                                 | CUSIP: 893045AF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $41333.60     | 0.02%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax Financial Holdings Ltd.                                                     | Fairfax Financial Holdings Ltd.                                                     | CUSIP: 303901BU5<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | DBT              | CORP              | CA        |    206000 | PA      | $195751.37    | 0.11%             | 2055-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The), Series T                                           | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12793.24     | 0.01%             | N/A             | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp.                                                              | Norfolk Southern Corp.                                                              | CUSIP: 655844CT3<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     71000 | PA      | $73066.12     | 0.04%             | 2034-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| X Corp.                                                                             | X Corp., Term Loan B                                                                | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    261332 | PA      | $259135.15    | 0.14%             | 2029-10-27      | Floating      | 10.95%                | No            |                  2 | On Loan: No      |
| Amazon Conservation DAC                                                             | Amazon Conservation DAC                                                             | CUSIP: 02315JAA2<br>LEI: 635400VMJ6EGNYN3YK31 | Long             | DBT              | CORP              | IE        |    305000 | PA      | $300057.48    | 0.16%             | 2042-01-16      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-3A, Class A23                                       | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    248750 | PA      | $244119.22    | 0.13%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage L.P.                                                            | Extra Space Storage L.P.                                                            | CUSIP: 30225VAS6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    133000 | PA      | $132288.15    | 0.07%             | 2034-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Universal Health Services, Inc.                                                     | Universal Health Services, Inc.                                                     | CUSIP: 913903BB5<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     66000 | PA      | $64698.50     | 0.04%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos., Inc. (The)                                               | Interpublic Group of Cos., Inc. (The)                                               | CUSIP: 460690BR0<br>LEI: 5493008IUOJ5VWTRC333 | Long             | DBT              | CORP              | US        |    132000 | PA      | $132532.67    | 0.07%             | 2030-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc / SkyMiles IP Ltd.                                              | Delta Air Lines Inc / SkyMiles IP Ltd.                                              | CUSIP: 830867AA5<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | CORP              | US        |     20738 | PA      | $20660.98     | 0.01%             | 2025-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141EC31<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     13000 | PA      | $11372.34     | 0.01%             | 2044-07-08      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                                                  | Southern Co. (The)                                                                  | CUSIP: 842587EA1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    117000 | PA      | $112642.01    | 0.06%             | 2035-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co.                                                             | Commonwealth Edison Co.                                                             | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71171.49     | 0.04%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Kimco Realty OP, LLC                                                                | Kimco Realty OP, LLC                                                                | CUSIP: 49446RAY5<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9373.82      | 0.01%             | 2031-12-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                         | Wayfair LLC                                                                         | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1952.86      | 0.00%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YGA7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    238000 | PA      | $241978.27    | 0.13%             | 2036-04-17      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| Arthur J. Gallagher & Co.                                                           | Arthur J. Gallagher & Co.                                                           | CUSIP: 04316JAP4<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    103000 | PA      | $95606.53     | 0.05%             | 2055-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEJ1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    142000 | PA      | $143359.82    | 0.08%             | 2030-07-22      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     39000 | PA      | $39477.66     | 0.02%             | 2029-02-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Delaware Life Global Funding                                                        | Delaware Life Global Funding, Series 21-1                                           | CUSIP: 246114AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1053784.22   | 0.57%             | 2026-06-29      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3J0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74208.46     | 0.04%             | 2030-01-23      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                                     | Blackstone Secured Lending Fund                                                     | CUSIP: 09261XAD4<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |    150000 | PA      | $142643.64    | 0.08%             | 2027-02-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Magnera Corp.                                                                       | Magnera Corp.                                                                       | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4578.55      | 0.00%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Trinidad & Tobago Government International Bond                                     | Trinidad & Tobago Government International Bond                                     | CUSIP: 896292AM1<br>LEI: HYBZ5SXKW67ICKUUWH81 | Long             | DBT              | NUSS              | TT        |    255000 | PA      | $244787.25    | 0.13%             | 2034-06-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                                                           | Bank of Nova Scotia (The)                                                           | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $248174.81    | 0.13%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272BS6<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     57000 | PA      | $58066.64     | 0.03%             | 2029-04-04      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos. Inc.                                                             | Bausch Health Cos. Inc.                                                             | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     27000 | PA      | $25928.10     | 0.01%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Snam S.p.A.                                                                         | Snam S.p.A.                                                                         | CUSIP: 83304JAB3<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    214000 | PA      | $214535.75    | 0.12%             | 2035-05-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272BY3<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71361.28     | 0.04%             | 2028-04-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                                               | Clydesdale Acquisition Holdings, Inc.                                               | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    182000 | PA      | $184061.73    | 0.10%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Florida Power & Light Co.                                                           | Florida Power & Light Co.                                                           | CUSIP: 341081GZ4<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |     68000 | PA      | $66940.97     | 0.04%             | 2065-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Smurfit Kappa Treasury Unlimited Co.                                                | Smurfit Kappa Treasury Unlimited Co.                                                | CUSIP: 83272GAD3<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    139000 | PA      | $140602.53    | 0.08%             | 2030-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                           | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    280000 | PA      | $276690.38    | 0.15%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Wabtec Corp.                                                                        | Wabtec Corp.                                                                        | CUSIP: 960386AT7<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | DBT              | CORP              | US        |    223000 | PA      | $223550.72    | 0.12%             | 2035-05-29      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967QA2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    407000 | PA      | $406834.48    | 0.22%             | 2031-05-07      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135826.69    | 0.07%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFK6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35546.34     | 0.02%             | 2030-01-16      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance (USA) Ltd.                                                     | BHP Billiton Finance (USA) Ltd.                                                     | CUSIP: 055451BE7<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    243000 | PA      | $245151.41    | 0.13%             | 2033-09-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                                              | Novartis Capital Corp.                                                              | CUSIP: 66989HAU2<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |     99000 | PA      | $96410.16     | 0.05%             | 2031-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                       | Freedom Mortgage Holdings LLC                                                       | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45466.74     | 0.02%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Southwest Gas Corp.                                                                 | Southwest Gas Corp.                                                                 | CUSIP: 845011AH8<br>LEI: OQQR1IQTGBKH0UR88X59 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30602.74     | 0.02%             | 2028-03-23      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| California Buyer Ltd. / Atlantica Sustainable Infrastructure PLC                    | California Buyer Ltd. / Atlantica Sustainable Infrastructure PLC                    | CUSIP: 13005HAA8<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    131000 | PA      | $129611.44    | 0.07%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                            | ICON Investments Six DAC                                                            | CUSIP: 45115AAA2<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203396.65    | 0.11%             | 2027-05-08      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| Union Electric Co.                                                                  | Union Electric Co.                                                                  | CUSIP: 906548CY6<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    155000 | PA      | $155120.58    | 0.08%             | 2034-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| American Airlines Pass-Through Trust                                                | American Airlines Pass-Through Trust, Series B                                      | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     78275 | PA      | $73415.48     | 0.04%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                  | Iron Mountain Inc.                                                                  | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103382.80    | 0.06%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GA87<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     77000 | PA      | $79602.46     | 0.04%             | 2030-04-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMP1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    116000 | PA      | $114958.06    | 0.06%             | 2031-01-24      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                                         | Toronto-Dominion Bank (The)                                                         | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    315000 | PA      | $322598.12    | 0.18%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                                | Jane Street Group / JSG Finance Inc.                                                | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     74000 | PA      | $77351.31     | 0.04%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    212000 | PA      | $205815.97    | 0.11%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                                                        | Exelon Corp.                                                                        | CUSIP: 30161NBS9<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    219000 | PA      | $211743.86    | 0.12%             | 2055-03-15      | Fixed         | 5.88%                 | 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      | $335.31       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The), Series W                                           | CUSIP: 38141GA38<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    303000 | PA      | $317626.42    | 0.17%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC                                                              | CUSIP: 853254CW8<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    109000 | PA      | $112219.34    | 0.06%             | 2028-02-08      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Northern States Power Co.                                                           | Northern States Power Co.                                                           | CUSIP: 665772CZ0<br>LEI: 3S1GHB0TEH85KX44SB51 | Long             | DBT              | CORP              | US        |    183000 | PA      | $182597.45    | 0.10%             | 2035-05-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                               | Cleveland-Cliffs Inc.                                                               | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    137000 | PA      | $127492.10    | 0.07%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                                               | Keurig Dr Pepper Inc.                                                               | CUSIP: 49271VBB5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |     89000 | PA      | $87228.89     | 0.05%             | 2035-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Public Storage Operating Co.                                                        | Public Storage Operating Co.                                                        | CUSIP: 74460WAH0<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |    120000 | PA      | $112244.65    | 0.06%             | 2053-08-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce                                                  | Canadian Imperial Bank of Commerce                                                  | CUSIP: 13607PNF7<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    412000 | PA      | $409971.64    | 0.22%             | 2085-01-28      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Republic of Poland Government International Bond                                    | Republic of Poland Government International Bond                                    | CUSIP: 857524AH5<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    305000 | PA      | $305148.41    | 0.17%             | 2035-02-12      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp., Series DD                                                    | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    131000 | PA      | $132328.86    | 0.07%             | N/A             | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                                                         | Rio Tinto Finance (USA) PLC                                                         | CUSIP: 76720AAU0<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    128000 | PA      | $127665.19    | 0.07%             | 2035-03-14      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy L.P.                                                              | Excelerate Energy L.P.                                                              | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |     90000 | PA      | $93238.33     | 0.05%             | 2030-05-15      | Fixed         | 8.00%                 | 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      | $72.94        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                                                    | Xcel Energy Inc.                                                                    | CUSIP: 98389BBD1<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43228.98     | 0.02%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                                                   | Lowe's Cos., Inc.                                                                   | CUSIP: 548661EM5<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7509.61      | 0.00%             | 2053-04-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                          | WarnerMedia Holdings, Inc.                                                          | CUSIP: 55903VBC6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63668.52     | 0.03%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Provident Funding Associates L.P./ PFG Finance Corp.                                | Provident Funding Associates L.P./ PFG Finance Corp.                                | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    129000 | PA      | $134384.46    | 0.07%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DJ0<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203469.83    | 0.11%             | 2031-04-24      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                               | Cleveland-Cliffs Inc.                                                               | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50262.58     | 0.03%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967PY1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    370000 | PA      | $370949.94    | 0.20%             | 2028-05-07      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VBB5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    181000 | PA      | $167491.69    | 0.09%             | 2054-09-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| National Australia Bank Ltd.                                                        | National Australia Bank Ltd.                                                        | CUSIP: 632525CF6<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    494000 | PA      | $499787.86    | 0.27%             | 2036-01-14      | Variable      | 5.90%                 | No            |                  2 | On Loan: No      |
| Cousins Properties L.P.                                                             | Cousins Properties L.P.                                                             | CUSIP: 222793AB7<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42742.22     | 0.02%             | 2032-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                           | RTX Corp.                                                                           | CUSIP: 75513ECV1<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     35000 | PA      | $37188.05     | 0.02%             | 2031-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LG Electronics Inc.                                                                 | LG Electronics Inc.                                                                 | CUSIP: 50186QAD5<br>LEI: 988400RMQFTGZIOG0609 | Long             | DBT              | CORP              | KR        |    100000 | PA      | $102411.39    | 0.06%             | 2029-04-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816DT3<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4036.80      | 0.00%             | 2027-04-23      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                                        | Honeywell International Inc.                                                        | CUSIP: 438516CQ7<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     98000 | PA      | $99852.27     | 0.05%             | 2029-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PHINIA Inc.                                                                         | PHINIA Inc.                                                                         | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51742.21     | 0.03%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                                        | Kohl's Corp.                                                                        | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8223.21      | 0.00%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BPCE S.A.                                                                           | BPCE S.A.                                                                           | CUSIP: 05571ABA2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $259638.96    | 0.14%             | 2036-01-14      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                            | Venture Global LNG, Inc.                                                            | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    132000 | PA      | $124626.55    | 0.07%             | N/A             | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                            | Lumen Technologies, Inc.                                                            | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18483.30     | 0.01%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Genuine Parts Co.                                                                   | Genuine Parts Co.                                                                   | CUSIP: 372460AD7<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    169000 | PA      | $185227.64    | 0.10%             | 2033-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ashton Woods USA LLC / Ashton Woods Finance Co.                                     | Ashton Woods USA LLC / Ashton Woods Finance Co.                                     | CUSIP: 045086AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $185930.74    | 0.10%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Australia and New Zealand Banking Group Ltd.                                        | Australia and New Zealand Banking Group Ltd.                                        | CUSIP: 05254HAA2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    784000 | PA      | $791145.38    | 0.43%             | N/A             | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816EF2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    352000 | PA      | $356087.33    | 0.19%             | 2031-04-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676BD6<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    145000 | PA      | $140786.10    | 0.08%             | 2065-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CK Hutchison International (23) Ltd.                                                | CK Hutchison International (23) Ltd.                                                | CUSIP: 12570FAB7<br>LEI: 2549003AJI1YI8883K46 | Long             | DBT              | CORP              | KY        |    302000 | PA      | $296785.99    | 0.16%             | 2033-04-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                         | Marsh & McLennan Cos., Inc.                                                         | CUSIP: 571748BS0<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     38000 | PA      | $39871.42     | 0.02%             | 2052-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal                                                                       | ArcelorMittal                                                                       | CUSIP: 03938LBE3<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    129000 | PA      | $133825.88    | 0.07%             | 2027-11-29      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC  | Sprint Spectrum Co. LLC / Sprint Spectrum Co. II LLC / Sprint Spectrum Co. III LLC  | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $828775.72    | 0.45%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DQ9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    159000 | PA      | $155983.48    | 0.08%             | 2034-11-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co. Inc.                                                  | Hilton Domestic Operating Co. Inc.                                                  | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34545.97     | 0.02%             | 2032-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| South Bow Canadian Infrastructure Holdings Ltd.                                     | South Bow Canadian Infrastructure Holdings Ltd.                                     | CUSIP: 836720AH5<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99815.64     | 0.05%             | 2055-03-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFS9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     86000 | PA      | $86883.30     | 0.05%             | 2030-07-19      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                        | Royal Caribbean Cruises Ltd.                                                        | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     63000 | PA      | $63889.88     | 0.03%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830BZ1<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28228.80     | 0.02%             | 2028-05-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| American Airlines Pass-Through Trust                                                | American Airlines Pass-Through Trust, Series A                                      | CUSIP: 02379KAA2<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    121232 | PA      | $105820.05    | 0.06%             | 2034-07-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                                          | Corebridge Financial, Inc.                                                          | CUSIP: 21871XAS8<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    155000 | PA      | $157957.52    | 0.09%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                                                     | FirstCash, Inc.                                                                     | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     46000 | PA      | $45715.47     | 0.02%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Markel Group Inc.                                                                   | Markel Group Inc.                                                                   | CUSIP: 570535AW4<br>LEI: 549300SCNO12JLWIK605 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115000.00    | 0.06%             | N/A             | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                         | Kenvue Inc.                                                                         | CUSIP: 49177JAK8<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    149000 | PA      | $149547.21    | 0.08%             | 2033-03-22      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings, LLC                                                     | Jefferson Capital Holdings, LLC                                                     | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    163000 | PA      | $173194.67    | 0.09%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                                                          | Constellation Brands, Inc.                                                          | CUSIP: 21036PBS6<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     24000 | PA      | $23986.66     | 0.01%             | 2030-05-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                                        | Honeywell International Inc.                                                        | CUSIP: 438516CR5<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |    158000 | PA      | $160767.62    | 0.09%             | 2031-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                                                      | Walgreens Boots Alliance, Inc.                                                      | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9243.77      | 0.01%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Comerica Inc.                                                                       | Comerica Inc.                                                                       | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |     33000 | PA      | $33549.06     | 0.02%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| GGAM Finance Ltd.                                                                   | GGAM Finance Ltd.                                                                   | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    178000 | PA      | $181771.82    | 0.10%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DE6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20678.50     | 0.01%             | 2033-09-07      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BHP Billiton Finance (USA) Ltd.                                                     | BHP Billiton Finance (USA) Ltd.                                                     | CUSIP: 055451BC1<br>LEI: 5493003NUVITP3TMY274 | Long             | DBT              | CORP              | AU        |    125000 | PA      | $127711.77    | 0.07%             | 2028-09-08      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| AEP Transmission Co., LLC                                                           | AEP Transmission Co., LLC                                                           | CUSIP: 00115AAS8<br>LEI: 549300X123Z1I0LA3Y84 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34172.61     | 0.02%             | 2035-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Healthpeak OP, LLC                                                                  | Healthpeak OP, LLC                                                                  | CUSIP: 42250GAA1<br>LEI: PZ9HF5U52KPF0MH0QN75 | Long             | DBT              | CORP              | US        |     71000 | PA      | $70299.76     | 0.04%             | 2035-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Romanian Government International Bond                                              | Romanian Government International Bond                                              | CUSIP: 77586RAR1<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    150000 | PA      | $152394.80    | 0.08%             | 2033-01-17      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                          | PacifiCorp                                                                          | CUSIP: 695114DE5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88927.40     | 0.05%             | 2055-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                | ERAC USA Finance LLC                                                                | CUSIP: 26884TAY8<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     61000 | PA      | $62101.87     | 0.03%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lithia Motors, Inc.                                                                 | Lithia Motors, Inc.                                                                 | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     94000 | PA      | $92791.53     | 0.05%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series A                                        | CUSIP: 90931EAA2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    124506 | PA      | $114879.51    | 0.06%             | 2031-08-25      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc.                                                               | Keurig Dr Pepper Inc.                                                               | CUSIP: 49271VBA7<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    236000 | PA      | $234992.37    | 0.13%             | 2030-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Rentokil Terminix Funding, LLC                                                      | Rentokil Terminix Funding, LLC                                                      | CUSIP: 760130AA2<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    457000 | PA      | $455741.87    | 0.25%             | 2030-04-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMT3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    196000 | PA      | $195985.74    | 0.11%             | 2029-05-09      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| ERP Operating L.P.                                                                  | ERP Operating L.P.                                                                  | CUSIP: 26884ABQ5<br>LEI: DX5HQV5MLU50FEWZ5072 | Long             | DBT              | CORP              | US        |    102000 | PA      | $101621.70    | 0.06%             | 2032-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                                                         | Bell Canada                                                                         | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $80416.08     | 0.04%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Blackstone Secured Lending Fund                                                     | Blackstone Secured Lending Fund                                                     | CUSIP: 09261XAH5<br>LEI: 549300KM7KWQHVBNH962 | Long             | DBT              | CORP              | US        |     78000 | PA      | $79346.84     | 0.04%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-1A, Class A23                                       | CUSIP: 864300AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    231835 | PA      | $236608.18    | 0.13%             | 2054-07-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                                          | Charles Schwab Corp. (The), Series K                                                | CUSIP: 808513CB9<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |     94000 | PA      | $93706.31     | 0.05%             | N/A             | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences, Inc.                                                               | Gilead Sciences, Inc.                                                               | CUSIP: 375558BZ5<br>LEI: 549300WTZWR07K8MNV44 | Long             | DBT              | CORP              | US        |    130000 | PA      | $132422.11    | 0.07%             | 2033-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Entergy Texas, Inc.                                                                 | Entergy Texas, Inc.                                                                 | CUSIP: 29365TAQ7<br>LEI: LWXX58X12AJXISQ28573 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129759.81    | 0.07%             | 2035-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DTE Electric Co.                                                                    | DTE Electric Co.                                                                    | CUSIP: 23338VAV8<br>LEI: 9N0FWODEJVKHC2DYLO03 | Long             | DBT              | CORP              | US        |     68000 | PA      | $68268.42     | 0.04%             | 2034-03-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                      | Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.                      | CUSIP: 87470LAL5<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |    329000 | PA      | $334926.28    | 0.18%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                             | Level 3 Financing, Inc.                                                             | CUSIP: 527298BX0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     17000 | PA      | $19167.50     | 0.01%             | 2029-04-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                         | AbbVie Inc.                                                                         | CUSIP: 00287YDX4<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    155000 | PA      | $147133.85    | 0.08%             | 2064-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.                                           | Consolidated Edison Co. of New York, Inc.                                           | CUSIP: 209111GF4<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3083.16      | 0.00%             | 2034-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7738.78      | 0.00%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Apple Inc.                                                                          | Apple Inc.                                                                          | CUSIP: 037833ER7<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |    158000 | PA      | $122025.40    | 0.07%             | 2062-08-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Fortitude Group Holdings, LLC                                                       | Fortitude Group Holdings, LLC                                                       | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75984.39     | 0.04%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Toyota Motor Credit Corp.                                                           | Toyota Motor Credit Corp.                                                           | CUSIP: 89236TNB7<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    112000 | PA      | $113265.83    | 0.06%             | 2035-01-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Sociedad Quimica y Minera de Chile S.A.                                             | Sociedad Quimica y Minera de Chile S.A.                                             | CUSIP: 833636AN3<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | DBT              | CORP              | CL        |    265000 | PA      | $272506.66    | 0.15%             | 2033-11-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 49456BBC4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     58000 | PA      | $58810.62     | 0.03%             | 2035-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| General Dynamics Corp.                                                              | General Dynamics Corp.                                                              | CUSIP: 369550BR8<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73823.44     | 0.04%             | 2035-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.                                           | Consolidated Edison Co. of New York, Inc.                                           | CUSIP: 209111GD9<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |     32000 | PA      | $32809.39     | 0.02%             | 2052-11-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816DU0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    126000 | PA      | $130228.69    | 0.07%             | 2030-04-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance L.P.                                                   | Northriver Midstream Finance L.P.                                                   | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |    135000 | PA      | $136345.41    | 0.07%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings Inc.                                                   | Nationstar Mortgage Holdings Inc.                                                   | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $91732.41     | 0.05%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings, LLC                                                     | Jefferson Capital Holdings, LLC                                                     | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    242000 | PA      | $247895.36    | 0.13%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Westpac Banking Corp.                                                               | Westpac Banking Corp.                                                               | CUSIP: 961214FW8<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    158000 | PA      | $156904.13    | 0.09%             | 2035-11-20      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                                              | Tenet Healthcare Corp.                                                              | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    192000 | PA      | $184500.15    | 0.10%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                 | Fifth Third Bancorp                                                                 | CUSIP: 316773DK3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13601.01     | 0.01%             | 2029-07-27      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                                                       | MetLife, Inc., Series G                                                             | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    233000 | PA      | $234656.63    | 0.13%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp.                                                                  | Atmos Energy Corp.                                                                  | CUSIP: 049560BA2<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |     47000 | PA      | $49247.78     | 0.03%             | 2053-11-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                                 | CommonSpirit Health                                                                 | CUSIP: 20268JAS2<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |    223000 | PA      | $218989.96    | 0.12%             | 2034-12-01      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | CUSIP: 709599BU7<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14121.69     | 0.01%             | 2026-05-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                                      | Element Fleet Management Corp.                                                      | CUSIP: 286181AK8<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $83964.55     | 0.05%             | 2028-12-04      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| CoreWeave, Inc.                                                                     | CoreWeave, Inc.                                                                     | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    141000 | PA      | $140965.89    | 0.08%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                        | Barclays PLC                                                                        | CUSIP: 06738ECY9<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    209000 | PA      | $210889.61    | 0.11%             | 2031-02-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                  | Iron Mountain Inc.                                                                  | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     93000 | PA      | $93947.39     | 0.05%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                                                     | FirstCash, Inc.                                                                     | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    380000 | PA      | $389978.21    | 0.21%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| B.A.T Capital Corp.                                                                 | B.A.T Capital Corp.                                                                 | CUSIP: 05526DBZ7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     84000 | PA      | $87422.75     | 0.05%             | 2034-02-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Leidos, Inc.                                                                        | Leidos, Inc.                                                                        | CUSIP: 52532XAJ4<br>LEI: 5493006I78VIN6J1BQ95 | Long             | DBT              | CORP              | US        |     82000 | PA      | $84286.64     | 0.05%             | 2033-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury 10 Year Notes Future                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        80 | NC      | $69241.36     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp.                                                  | CUSIP: 24703TAP1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    412000 | PA      | $406790.03    | 0.22%             | 2035-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartments, L.P.                                                        | Mid-America Apartments, L.P.                                                        | CUSIP: 59523UAW7<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              | CORP              | US        |    174000 | PA      | $177735.15    | 0.10%             | 2032-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Extra Space Storage L.P.                                                            | Extra Space Storage L.P.                                                            | CUSIP: 30225VAJ6<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     22000 | PA      | $22620.51     | 0.01%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                          | PacifiCorp                                                                          | CUSIP: 695114DC9<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     68000 | PA      | $69151.59     | 0.04%             | 2031-02-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| NNN REIT, Inc.                                                                      | NNN REIT, Inc.                                                                      | CUSIP: 637417AS5<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50819.70     | 0.03%             | 2033-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92874.87     | 0.05%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                                                   | Duke Energy Corp.                                                                   | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     93000 | PA      | $94179.94     | 0.05%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| POSCO Holdings Inc.                                                                 | POSCO Holdings Inc.                                                                 | CUSIP: 693483AK5<br>LEI: 988400E5HRVX81AYLM04 | Long             | DBT              | CORP              | KR        |    217000 | PA      | $217580.55    | 0.12%             | 2035-05-07      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Iliad Holding                                                                       | Iliad Holding                                                                       | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $203350.00    | 0.11%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Public Storage Operating Co.                                                        | Public Storage Operating Co.                                                        | CUSIP: 74460WAF4<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12320.52     | 0.01%             | 2029-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                                              | UBS AG                                                                              | CUSIP: 902674ZW3<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |      6000 | PA      | $6225.81      | 0.00%             | 2028-09-11      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Corebridge Global Funding                                                           | Corebridge Global Funding                                                           | CUSIP: 00138CAV0<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |     66000 | PA      | $68662.73     | 0.04%             | 2028-09-19      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Greystar Real Estate Partners, LLC                                                  | Greystar Real Estate Partners, LLC                                                  | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     84000 | PA      | $89191.37     | 0.05%             | 2030-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                  | Newell Brands Inc.                                                                  | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15077.12     | 0.01%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                  | Ares Capital Corp.                                                                  | CUSIP: 04010LBF9<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4054.61      | 0.00%             | 2029-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RMZ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    287000 | PA      | $287785.51    | 0.16%             | 2056-08-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance S.A.                                                           | Raizen Fuels Finance S.A.                                                           | CUSIP: 75102XAE6<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $193466.00    | 0.11%             | 2037-02-25      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Boost Newco Borrower, LLC                                                           | Boost Newco Borrower, LLC                                                           | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211736.80    | 0.12%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                       | Netflix, Inc.                                                                       | CUSIP: 64110LBA3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24076.01     | 0.01%             | 2054-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                                                            | SBA Communications Corp.                                                            | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     99000 | PA      | $92179.04     | 0.05%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     66000 | PA      | $66936.41     | 0.04%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BPCE S.A.                                                                           | BPCE S.A.                                                                           | CUSIP: 05571ABB0<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    271000 | PA      | $277438.71    | 0.15%             | 2046-01-14      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CH7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125498.85    | 0.07%             | 2030-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    459000 | PA      | $454639.85    | 0.25%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                  | T-Mobile USA, Inc.                                                                  | CUSIP: 87264ACW3<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    145000 | PA      | $137284.04    | 0.07%             | 2053-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Kimco Realty OP, LLC                                                                | Kimco Realty OP, LLC                                                                | CUSIP: 49447BAB9<br>LEI: 549300EA7I6T15IBYS12 | Long             | DBT              | CORP              | US        |    103000 | PA      | $98931.21     | 0.05%             | 2035-03-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                            | Venture Global LNG, Inc.                                                            | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    254000 | PA      | $270375.63    | 0.15%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                              | Sempra                                                                              | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    144000 | PA      | $140754.46    | 0.08%             | 2054-10-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                                               | Sumitomo Mitsui Financial Group, Inc.                                               | CUSIP: 86562MDK3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    165000 | PA      | $163046.60    | 0.09%             | N/A             | Variable      | 6.60%                 | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                                                       | Paychex, Inc.                                                                       | CUSIP: 704326AA5<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |    124000 | PA      | $125663.51    | 0.07%             | 2030-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                                 | Bank of New York Mellon Corp. (The), Series J                                       | CUSIP: 06406RBR7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     84000 | PA      | $83148.71     | 0.05%             | 2034-04-26      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VAT7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14889.07     | 0.01%             | 2030-12-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Virgin Media Secured Finance PLC                                                    | Virgin Media Secured Finance PLC                                                    | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194693.95    | 0.11%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                                          | Rogers Communications Inc.                                                          | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     73000 | PA      | $73142.81     | 0.04%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                                                       | Entergy Corp.                                                                       | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    167000 | PA      | $171155.29    | 0.09%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Brink's Co. (The)                                                                   | Brink's Co. (The)                                                                   | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     85000 | PA      | $86787.13     | 0.05%             | 2029-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury 10 Year Ultra Future                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |      -133 | NC      | $-109343.56   | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| CROWN Americas LLC                                                                  | CROWN Americas LLC                                                                  | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    302000 | PA      | $300170.51    | 0.16%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                                               | Freeport-McMoRan Inc.                                                               | CUSIP: 35671DCG8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12880.98     | 0.01%             | 2028-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp. (The)                                                          | Charles Schwab Corp. (The), Series G                                                | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    156000 | PA      | $156000.00    | 0.08%             | N/A             | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| DaVita Inc.                                                                         | DaVita Inc.                                                                         | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     47000 | PA      | $47775.36     | 0.03%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KCJ7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34941.40     | 0.02%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PEU2<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37558.47     | 0.02%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                                       | Enbridge Inc.                                                                       | CUSIP: 29250NBR5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    114000 | PA      | $116321.26    | 0.06%             | 2033-03-08      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Brixmor Operating Partnership L.P.                                                  | Brixmor Operating Partnership L.P.                                                  | CUSIP: 11120BAA5<br>LEI: 549300CJHBL7JBUA6503 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45488.13     | 0.02%             | 2035-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Union Electric Co.                                                                  | Union Electric Co.                                                                  | CUSIP: 906548DA7<br>LEI: QMPJLLDULY5C1M8PNY21 | Long             | DBT              | CORP              | US        |    137000 | PA      | $137379.95    | 0.07%             | 2035-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sunoco L.P.                                                                         | Sunoco L.P.                                                                         | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95075.21     | 0.05%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas, LLC                                                          | Duke Energy Carolinas, LLC                                                          | CUSIP: 26442CBQ6<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    198000 | PA      | $199032.38    | 0.11%             | 2035-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DaVita Inc.                                                                         | DaVita Inc.                                                                         | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50550.60     | 0.03%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury 5 Year Notes Future                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |         8 | NC      | $4300.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                                                                  | Vodafone Group PLC                                                                  | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    199000 | PA      | $179090.15    | 0.10%             | 2081-06-04      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Amer Sports Co.                                                                     | Amer Sports Co.                                                                     | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |     90000 | PA      | $93648.64     | 0.05%             | 2031-02-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFH3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     77000 | PA      | $81190.14     | 0.04%             | 2029-11-01      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| San Diego Gas & Electric Co.                                                        | San Diego Gas & Electric Co.                                                        | CUSIP: 797440CD4<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    172000 | PA      | $155775.49    | 0.08%             | 2053-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                    | Deutsche Bank AG                                                                    | CUSIP: 251526DA4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    174000 | PA      | $174282.48    | 0.09%             | 2031-05-09      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DP1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50897.47     | 0.03%             | 2031-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VEA8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1417000 | PA      | $1358531.38   | 0.74%             | 2033-08-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd.                                                        | CUSIP: 05401AAV3<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      4000 | PA      | $4070.33      | 0.00%             | 2029-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CL8<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    148000 | PA      | $147220.13    | 0.08%             | 2065-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor Inc.                           | Directv Financing LLC / Directv Financing Co-Obligor Inc.                           | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47000 | PA      | $46296.35     | 0.03%             | 2027-08-15      | Fixed         | 5.88%                 | 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      | $82.34        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Entergy Louisiana, LLC                                                              | Entergy Louisiana, LLC                                                              | CUSIP: 29364WBQ0<br>LEI: 0V5453U14HDZO63CGH17 | Long             | DBT              | CORP              | US        |    103000 | PA      | $99957.73     | 0.05%             | 2055-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Goodman US Finance Six, LLC                                                         | Goodman US Finance Six, LLC                                                         | CUSIP: 38239EAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36000 | PA      | $35322.43     | 0.02%             | 2034-10-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                                                   | Duke Energy Corp.                                                                   | CUSIP: 26441CBU8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    126000 | PA      | $106517.19    | 0.06%             | 2052-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967PG0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    249000 | PA      | $248451.91    | 0.14%             | 2035-02-13      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457CL2<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65382.83     | 0.04%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                                                         | Sumitomo Life Insurance Co.                                                         | CUSIP: 86564CAE0<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    443000 | PA      | $433368.12    | 0.24%             | N/A             | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp.                                                         | Pinnacle West Capital Corp.                                                         | CUSIP: 723484AN1<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61717.86     | 0.03%             | 2030-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Pinnacle West Capital Corp.                                                         | Pinnacle West Capital Corp.                                                         | CUSIP: 723484AM3<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30239.81     | 0.02%             | 2028-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Group AG                                                              | Credit Suisse Group AG                                                              | CUSIP: 225401AS7<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    268000 | PA      | $16080.00     | 0.01%             | N/A             | Fixed         | 4.50%                 | No            |                  3 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley, Series F, Pfd.                                                      | CUSIP: 61763E207<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     40000 | NS      | $1013200.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     63000 | PA      | $67268.76     | 0.04%             | 2034-05-01      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8W5<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    221000 | PA      | $211634.15    | 0.12%             | 2064-08-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| McKesson Corp.                                                                      | McKesson Corp.                                                                      | CUSIP: 581557BW4<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    240000 | PA      | $240401.41    | 0.13%             | 2030-05-30      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 637432PA7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     68000 | PA      | $71065.18     | 0.04%             | 2033-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8S4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     76000 | PA      | $76321.05     | 0.04%             | 2029-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Element Fleet Management Corp.                                                      | Element Fleet Management Corp.                                                      | CUSIP: 286181AP7<br>LEI: 5493000PGBS1C22ELQ16 | Long             | DBT              | CORP              | CA        |    208000 | PA      | $207161.23    | 0.11%             | 2030-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEC6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     78000 | PA      | $78508.97     | 0.04%             | 2035-01-23      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    119000 | PA      | $122742.28    | 0.07%             | 2035-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EC9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    305000 | PA      | $336075.43    | 0.18%             | 2034-11-13      | Variable      | 7.40%                 | No            |                  2 | On Loan: No      |
| Sysco Corp.                                                                         | Sysco Corp.                                                                         | CUSIP: 871829BU0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |     87000 | PA      | $88257.53     | 0.05%             | 2030-09-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Brunswick Corp.                                                                     | Brunswick Corp.                                                                     | CUSIP: 117043AW9<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48782.00     | 0.03%             | 2029-03-18      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Target Corp.                                                                        | Target Corp.                                                                        | CUSIP: 87612EBT2<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    186000 | PA      | $182906.78    | 0.10%             | 2035-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                                          | Prudential Financial, Inc.                                                          | CUSIP: 74432QCK9<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    348000 | PA      | $346336.94    | 0.19%             | 2035-03-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp.                                                  | Dell International LLC / EMC Corp.                                                  | CUSIP: 24703TAD8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |     84000 | PA      | $84793.11     | 0.05%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VAW0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    136000 | PA      | $124319.25    | 0.07%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NNN REIT, Inc.                                                                      | NNN REIT, Inc.                                                                      | CUSIP: 637417AT3<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              | CORP              | US        |     58000 | PA      | $58094.38     | 0.03%             | 2034-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    235000 | PA      | $239123.55    | 0.13%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Lowe`s Cos., Inc.                                                                   | Lowe`s Cos., Inc.                                                                   | CUSIP: 548661ES2<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6633.56      | 0.00%             | 2063-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                                       | NiSource Inc.                                                                       | CUSIP: 65473PAQ8<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    118000 | PA      | $118432.44    | 0.06%             | 2034-04-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Brandywine Operating Partnership, L.P.                                              | Brandywine Operating Partnership, L.P.                                              | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |    320000 | PA      | $335694.08    | 0.18%             | 2028-03-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation, LLC                                                | Constellation Energy Generation, LLC                                                | CUSIP: 210385AF7<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    108000 | PA      | $102999.93    | 0.06%             | 2054-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Providence St. Joseph Health Obligated Group                                        | Providence St. Joseph Health Obligated Group, Series 21A                            | CUSIP: 743820AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $100237.09    | 0.05%             | 2051-10-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Credit Agricole S.A.                                                                | Credit Agricole S.A.                                                                | CUSIP: 22535WAR8<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $252283.37    | 0.14%             | 2031-05-27      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc.                                                                 | Ingersoll Rand Inc.                                                                 | CUSIP: 45687VAA4<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15406.55     | 0.01%             | 2028-08-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                                                       | MetLife, Inc.                                                                       | CUSIP: 59156RCD8<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    224000 | PA      | $205785.39    | 0.11%             | 2054-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| H&E Equipment Services, Inc.                                                        | H&E Equipment Services, Inc.                                                        | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |    181000 | PA      | $182502.12    | 0.10%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Transocean Inc.                                                                     | Transocean Inc.                                                                     | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     54400 | PA      | $55191.79     | 0.03%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Southern Co. Gas Capital Corp.                                                      | Southern Co. Gas Capital Corp.                                                      | CUSIP: 8426EPAG3<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44330.18     | 0.02%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Guatemala Government Bond                                                           | Guatemala Government Bond                                                           | CUSIP: 401494AY5<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    200000 | PA      | $200584.00    | 0.11%             | 2031-08-06      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                                | Jane Street Group / JSG Finance Inc.                                                | CUSIP: 47077WAA6<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    143000 | PA      | $137850.74    | 0.07%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance S.A.                                                           | Raizen Fuels Finance S.A.                                                           | CUSIP: 75102XAC0<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    225000 | PA      | $206707.30    | 0.11%             | 2054-03-05      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Expedia Group, Inc.                                                                 | Expedia Group, Inc.                                                                 | CUSIP: 30212PBL8<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | DBT              | CORP              | US        |    137000 | PA      | $135209.44    | 0.07%             | 2035-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Piedmont Healthcare, Inc.                                                           | Piedmont Healthcare, Inc.                                                           | CUSIP: 72014TAE9<br>LEI: 254900D1I6W7J0DSAY11 | Long             | DBT              | CORP              | US        |     97000 | PA      | $57390.37     | 0.03%             | 2052-01-01      | Fixed         | 2.86%                 | No            |                  2 | On Loan: No      |
| GreenSaif Pipelines Bidco S.a.r.l.                                                  | GreenSaif Pipelines Bidco S.a.r.l.                                                  | CUSIP: 39541EAE3<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $196664.70    | 0.11%             | 2042-08-23      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co.                                                              | MidAmerican Energy Co.                                                              | CUSIP: 595620AZ8<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |     91000 | PA      | $83543.81     | 0.05%             | 2055-02-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $95032.63     | 0.05%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower L.P./ Emerald Co-Issuer Inc.                                         | EMRLD Borrower L.P./ Emerald Co-Issuer Inc.                                         | CUSIP: 29103CAA6<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |    137000 | PA      | $138556.81    | 0.08%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830BS7<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     37000 | PA      | $28617.62     | 0.02%             | 2053-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                         | Verizon Communications Inc.                                                         | CUSIP: 92343VGZ1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    319000 | PA      | $317933.43    | 0.17%             | 2035-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| 200 Park Funding Trust                                                              | 200 Park Funding Trust                                                              | CUSIP: 901928AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $212339.22    | 0.12%             | 2055-02-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                                            | PNC Financial Services Group, Inc. (The)                                            | CUSIP: 693475BR5<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    115000 | PA      | $118353.10    | 0.06%             | 2029-06-12      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCE9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    173000 | PA      | $169741.95    | 0.09%             | 2033-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                                                        | Fiserv, Inc.                                                                        | CUSIP: 337738BH0<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    146000 | PA      | $148681.08    | 0.08%             | 2033-08-21      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                                                   | Duke Energy Corp.                                                                   | CUSIP: 26441CBW4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27331.93     | 0.01%             | 2027-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                           | Ford Motor Credit Co. LLC                                                           | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    135000 | PA      | $140197.02    | 0.08%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                                         | Toronto-Dominion Bank (The)                                                         | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    349000 | PA      | $366391.02    | 0.20%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Rentokil Terminix Funding, LLC                                                      | Rentokil Terminix Funding, LLC                                                      | CUSIP: 760130AB0<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400265.65    | 0.22%             | 2035-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                    | Paramount Global                                                                    | CUSIP: 92556HAC1<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     74000 | PA      | $55805.06     | 0.03%             | 2050-05-19      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                                                   | Lowe's Cos., Inc.                                                                   | CUSIP: 548661EN3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6574.96      | 0.00%             | 2062-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                               | Cleveland-Cliffs Inc.                                                               | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     67000 | PA      | $57874.43     | 0.03%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Corp.                                                                    | Mitsubishi Corp.                                                                    | CUSIP: 606769AK3<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | DBT              | CORP              | JP        |    252000 | PA      | $253880.38    | 0.14%             | 2034-07-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                  | LPL Holdings, Inc.                                                                  | CUSIP: 50212YAL8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    253000 | PA      | $254253.47    | 0.14%             | 2030-03-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RLJ9<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1657000 | PA      | $1096449.89   | 0.60%             | 2055-09-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Americold Realty Operating Partnership, L.P.                                        | Americold Realty Operating Partnership, L.P.                                        | CUSIP: 03063UAB7<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |     63000 | PA      | $62564.10     | 0.03%             | 2032-05-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PDK9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    184000 | PA      | $189282.43    | 0.10%             | 2033-09-14      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Siemens Funding B.V.                                                                | Siemens Funding B.V.                                                                | CUSIP: 82622RAC0<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200467.00    | 0.11%             | 2030-05-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Dollar General Corp.                                                                | Dollar General Corp.                                                                | CUSIP: 256677AM7<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |    103000 | PA      | $91341.04     | 0.05%             | 2052-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                    | Paramount Global                                                                    | CUSIP: 92553PAU6<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     74000 | PA      | $63435.89     | 0.03%             | 2043-09-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DH9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41716.45     | 0.02%             | 2031-02-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    134000 | PA      | $133994.98    | 0.07%             | 2027-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     52000 | PA      | $54467.74     | 0.03%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                             | Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                             | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $28131.75     | 0.02%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VAY6<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99331.80     | 0.05%             | 2034-05-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                          | Amgen Inc.                                                                          | CUSIP: 031162DQ0<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30767.21     | 0.02%             | 2030-03-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Citadel L.P.                                                                        | Citadel L.P.                                                                        | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20481.67     | 0.01%             | 2030-01-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Stryker Corp.                                                                       | Stryker Corp.                                                                       | CUSIP: 863667BM2<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175274.46    | 0.10%             | 2035-02-10      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                            | Service Properties Trust                                                            | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     91000 | PA      | $87890.99     | 0.05%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AssuredPartners, Inc.                                                               | AssuredPartners, Inc.                                                               | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2142.43      | 0.00%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457CN8<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     61000 | PA      | $57803.29     | 0.03%             | 2054-11-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC         | CUSIP: 03969YAC2<br>LEI: 635400YUJMWFYRBL5293 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200628.60    | 0.11%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                           | RTX Corp.                                                                           | CUSIP: 75513ECR0<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    146000 | PA      | $147046.22    | 0.08%             | 2033-02-27      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VBT6<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    162000 | PA      | $130905.21    | 0.07%             | 2052-03-14      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor Inc.                           | Directv Financing LLC / Directv Financing Co-Obligor Inc.                           | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47000 | PA      | $45779.05     | 0.02%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                                   | Genesis Energy L.P./ Genesis Energy Finance Corp.                                   | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $63980.97     | 0.03%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                                                 | Athene Holding Ltd.                                                                 | CUSIP: 04686JAB7<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12594.62     | 0.01%             | 2030-04-03      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                                      | Amphenol Corp.                                                                      | CUSIP: 032095AS0<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     59000 | PA      | $56317.96     | 0.03%             | 2054-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Stryker Corp.                                                                       | Stryker Corp.                                                                       | CUSIP: 863667BL4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     87000 | PA      | $87918.52     | 0.05%             | 2030-02-10      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                             | UnitedHealth Group Inc.                                                             | CUSIP: 91324PFL1<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |     62000 | PA      | $57988.34     | 0.03%             | 2054-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Honeywell International Inc.                                                        | Honeywell International Inc.                                                        | CUSIP: 438516CK0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |     72000 | PA      | $72172.44     | 0.04%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                                | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                                | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     24000 | PA      | $23257.56     | 0.01%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BE2<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    149000 | PA      | $157296.50    | 0.09%             | 2031-01-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc / SkyMiles IP Ltd.                                              | Delta Air Lines Inc / SkyMiles IP Ltd.                                              | CUSIP: 830867AB3<br>LEI: 2549008L7P4I8VB90936 | Long             | DBT              | CORP              | US        |    169154 | PA      | $168551.68    | 0.09%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                                                           | Forvia SE                                                                           | CUSIP: 31209DAA3<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |     68000 | PA      | $69167.76     | 0.04%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Banco Santander S.A.                                                                | Banco Santander S.A.                                                                | CUSIP: 05971KAQ2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $230458.00    | 0.13%             | N/A             | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| John Deere Capital Corp.                                                            | John Deere Capital Corp.                                                            | CUSIP: 24422EWZ8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    134000 | PA      | $135260.36    | 0.07%             | 2030-06-10      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                                                        | Vistra Corp.                                                                        | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45185.23     | 0.02%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Prologis, L.P.                                                                      | Prologis, L.P.                                                                      | CUSIP: 74340XCN9<br>LEI: GL16H1DHB0QSHP25F723 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162126.51    | 0.09%             | 2035-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co. Inc.                                                  | Hilton Domestic Operating Co. Inc.                                                  | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    181000 | PA      | $182349.36    | 0.10%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series 20-1                                     | CUSIP: 90931GAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77114 | PA      | $78556.44     | 0.04%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EW5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    253000 | PA      | $254206.98    | 0.14%             | 2031-05-13      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Comcast Corp.                                                                       | Comcast Corp.                                                                       | CUSIP: 20030NEQ0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    367000 | PA      | $366510.02    | 0.20%             | 2055-05-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                          | PacifiCorp                                                                          | CUSIP: 695114DB1<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74075.53     | 0.04%             | 2029-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Select Medical Corp.                                                                | Select Medical Corp.                                                                | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |     87000 | PA      | $86297.95     | 0.05%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 28368EAD8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     61000 | PA      | $69369.86     | 0.04%             | 2031-08-01      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                                         | Carvana Co.                                                                         | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     84000 | PA      | $97491.31     | 0.05%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co., Series NN                                                     | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    127000 | PA      | $132738.95    | 0.07%             | N/A             | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Zaxbys Funding LLC                                                                  | Zaxbys Funding LLC, Series 2024-1A, Class A2I                                       | CUSIP: 98920MAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    148875 | PA      | $152970.06    | 0.08%             | 2054-04-30      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| Lennox International Inc.                                                           | Lennox International Inc.                                                           | CUSIP: 526107AG2<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |     85000 | PA      | $87324.36     | 0.05%             | 2028-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance, LLC                                            | Volkswagen Group of America Finance, LLC                                            | CUSIP: 928668CH3<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    300000 | PA      | $296710.40    | 0.16%             | 2034-03-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co.                                                                   | Genuine Parts Co.                                                                   | CUSIP: 372460AE5<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    184000 | PA      | $194623.93    | 0.11%             | 2028-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| McKesson Corp.                                                                      | McKesson Corp.                                                                      | CUSIP: 581557BX2<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    212000 | PA      | $212672.01    | 0.12%             | 2032-05-30      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DK7<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    206000 | PA      | $208931.43    | 0.11%             | 2031-04-24      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                                                   | Georgia Power Co.                                                                   | CUSIP: 373334KT7<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     78000 | PA      | $77441.73     | 0.04%             | 2033-05-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                                              | Novartis Capital Corp.                                                              | CUSIP: 66989HAV0<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    132000 | PA      | $125035.86    | 0.07%             | 2034-09-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Consolidated Edison Co. of New York, Inc.                                           | Consolidated Edison Co. of New York, Inc.                                           | CUSIP: 209111GG2<br>LEI: VZFZPMWDHTQCFKYOBP05 | Long             | DBT              | CORP              | US        |    101000 | PA      | $100475.79    | 0.05%             | 2053-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                              | HUB International Ltd.                                                              | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    133000 | PA      | $138592.25    | 0.08%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFF7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     36000 | PA      | $36829.60     | 0.02%             | 2029-07-20      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Apollo Debt Solutions BDC                                                           | Apollo Debt Solutions BDC                                                           | CUSIP: 03770DAE3<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3031.77      | 0.00%             | 2032-03-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 91282CND9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    346900 | PA      | $345883.69    | 0.19%             | 2028-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                                                 | Venture Global Plaquemines LNG, LLC                                                 | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     69000 | PA      | $72128.32     | 0.04%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                                                         | United Parcel Service, Inc.                                                         | CUSIP: 911312CF1<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |     80000 | PA      | $74511.47     | 0.04%             | 2064-05-22      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 59023VAA8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    650000 | PA      | $761347.92    | 0.41%             | 2038-05-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                                          | PacifiCorp                                                                          | CUSIP: 695114DD7<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    126000 | PA      | $125841.61    | 0.07%             | 2034-02-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                 | Fifth Third Bancorp                                                                 | CUSIP: 316773DF4<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     52000 | PA      | $48776.13     | 0.03%             | 2033-04-25      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                                                            | Diamondback Energy, Inc.                                                            | CUSIP: 25278XAY5<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65804.39     | 0.04%             | 2030-01-30      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Canadian Pacific Railway Co.                                                        | Canadian Pacific Railway Co.                                                        | CUSIP: 13645RBK9<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    118000 | PA      | $117638.74    | 0.06%             | 2035-03-30      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                                             | CUSIP: 44891ADL8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    246000 | PA      | $246321.78    | 0.13%             | 2028-01-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Molex Electronic Technologies, LLC                                                  | Molex Electronic Technologies, LLC                                                  | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98145.73     | 0.05%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                        | CUSIP: 902613AU2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    256000 | PA      | $257368.94    | 0.14%             | 2027-01-12      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| AT&T Inc.                                                                           | AT&T Inc.                                                                           | CUSIP: 00206RMT6<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    119000 | PA      | $120657.99    | 0.07%             | 2034-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Baidu, Inc.                                                                         | Baidu, Inc.                                                                         | CUSIP: 056752AS7<br>LEI: 254900AL64IANZYI1E02 | Long             | DBT              | CORP              | KY        |    210000 | PA      | $205070.22    | 0.11%             | 2026-04-09      | Fixed         | 1.72%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities, Inc.                                                   | Taylor Morrison Communities, Inc.                                                   | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     93000 | PA      | $90740.78     | 0.05%             | 2030-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477CX9<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    296000 | PA      | $294478.33    | 0.16%             | 2036-02-28      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                                                  | Southern Co. (The)                                                                  | CUSIP: 842587DL8<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     59000 | PA      | $61176.13     | 0.03%             | 2032-10-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70457.57     | 0.04%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VAN0<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    129000 | PA      | $101549.11    | 0.06%             | 2048-04-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                                            | ICON Investments Six DAC                                                            | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    210000 | PA      | $215258.27    | 0.12%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| CommonSpirit Health                                                                 | CommonSpirit Health                                                                 | CUSIP: 20268JAT0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     74000 | PA      | $67528.96     | 0.04%             | 2054-12-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95002YAC7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    151000 | PA      | $155568.20    | 0.08%             | N/A             | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria S.A.                                                | Banco Bilbao Vizcaya Argentaria S.A.                                                | CUSIP: 05946KAM3<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |     14000 | PA      | $15400.85     | 0.01%             | N/A             | Variable      | 9.38%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453889.35    | 0.25%             | 2054-10-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC                                                              | CUSIP: 85325C2A9<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $199938.17    | 0.11%             | 2030-10-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Windfall Mining Group Inc.                                                          | Windfall Mining Group Inc.                                                          | CUSIP: 973244AA4<br>LEI: 984500E4L49391BFF948 | Long             | DBT              | CORP              | CA        |    201000 | PA      | $200977.69    | 0.11%             | 2032-05-13      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc.                                                                    | Caterpillar Inc.                                                                    | CUSIP: 149123CM1<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26359.39     | 0.01%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                      | Ecopetrol S.A.                                                                      | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     84000 | PA      | $80005.35     | 0.04%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEB8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     63000 | PA      | $63762.81     | 0.03%             | 2030-01-23      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816EH8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    234000 | PA      | $239020.68    | 0.13%             | 2036-04-25      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                                    | Bank of Montreal                                                                    | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    456000 | PA      | $471477.55    | 0.26%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                        | CUSIP: 902613AP3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    303000 | PA      | $303469.84    | 0.16%             | 2028-05-12      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                                               | NextEra Energy Capital Holdings, Inc.                                               | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     82000 | PA      | $82306.93     | 0.04%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II, LLC                                                    | LCM Investments Holdings II, LLC                                                    | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     49000 | PA      | $47241.95     | 0.03%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd.                                                                 | Viking Cruises Ltd.                                                                 | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     91000 | PA      | $91699.72     | 0.05%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                                      | Opal Bidco SAS                                                                      | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $199967.04    | 0.11%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust, Series AA                                       | CUSIP: 909318AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95921 | PA      | $89982.27     | 0.05%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                                                 | Venture Global Plaquemines LNG, LLC                                                 | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    122000 | PA      | $128580.19    | 0.07%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    453000 | PA      | $458464.43    | 0.25%             | 2036-04-23      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Zegona Finance PLC                                                                  | Zegona Finance PLC                                                                  | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    152000 | PA      | $162450.00    | 0.09%             | 2029-07-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| GATX Corp.                                                                          | GATX Corp.                                                                          | CUSIP: 361448BS1<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2977.76      | 0.00%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arthur J. Gallagher & Co.                                                           | Arthur J. Gallagher & Co.                                                           | CUSIP: 04316JAL3<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21176.63     | 0.01%             | 2029-12-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Co.                                                            | Sierra Pacific Power Co.                                                            | CUSIP: 826418BQ7<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1947.16      | 0.00%             | 2054-03-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Black Hills Corp.                                                                   | Black Hills Corp.                                                                   | CUSIP: 092113AW9<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |    193000 | PA      | $198719.56    | 0.11%             | 2034-05-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline L.P./ PAA Finance Corp.                                | Plains All American Pipeline L.P./ PAA Finance Corp.                                | CUSIP: 72650RBM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $15137.16     | 0.01%             | 2029-12-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| BAE Systems PLC                                                                     | BAE Systems PLC                                                                     | CUSIP: 05523RAJ6<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $203810.13    | 0.11%             | 2029-03-26      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC                                                              | CUSIP: 85325C2G6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202214.44    | 0.11%             | 2031-05-13      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29278NAR4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    117000 | PA      | $94675.22     | 0.05%             | 2050-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1023100 | PA      | $1019183.45   | 0.55%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | CUSIP: 709599BY9<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5041.16      | 0.00%             | 2027-01-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 49456BBB6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     58000 | PA      | $58564.12     | 0.03%             | 2030-06-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                               | Bank of America Corp.                                                               | CUSIP: 06051GMW6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    301000 | PA      | $303111.12    | 0.16%             | 2036-05-09      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    433000 | PA      | $412821.05    | 0.22%             | 2056-03-04      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Zions BanCorp., N.A.                                                                | Zions BanCorp., N.A.                                                                | CUSIP: 98971DAC4<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |    253000 | PA      | $255168.37    | 0.14%             | 2035-11-19      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                                                | Meta Platforms, Inc.                                                                | CUSIP: 30303M8K1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    168000 | PA      | $138672.51    | 0.08%             | 2062-08-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC36<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    142000 | PA      | $144042.66    | 0.08%             | 2031-01-28      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                                                                   | Sonic Capital LLC, Series 2021-1A, Class A2II                                       | CUSIP: 83546DAQ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    202300 | PA      | $170075.47    | 0.09%             | 2051-08-20      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFL4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    116000 | PA      | $116733.70    | 0.06%             | 2035-01-18      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC                                                              | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    194000 | PA      | $200409.37    | 0.11%             | N/A             | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Jimmy John's Funding, LLC                                                           | Jimmy John's Funding, LLC, Series 2017-1A, Class A2II                               | CUSIP: 47760QAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    364004 | PA      | $357832.74    | 0.19%             | 2047-07-30      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                                                  | LPL Holdings, Inc.                                                                  | CUSIP: 50212YAJ3<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106788.31    | 0.06%             | 2027-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Romanian Government International Bond                                              | Romanian Government International Bond                                              | CUSIP: 77586RAT7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    124000 | PA      | $123597.17    | 0.07%             | 2029-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280ER6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200582.89    | 0.11%             | 2031-03-03      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Sixth Street Lending Partners                                                       | Sixth Street Lending Partners                                                       | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2022.27      | 0.00%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                           | Ford Motor Credit Co. LLC                                                           | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200460.23    | 0.11%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4075.17      | 0.00%             | 2028-04-22      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury 2 Year Notes Future                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |       146 | NC      | $8894.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                                                              | Waste Management, Inc.                                                              | CUSIP: 94106LCF4<br>LEI: 549300YX8JIID70NFS41 | Long             | DBT              | CORP              | US        |    145000 | PA      | $137265.28    | 0.07%             | 2054-10-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| San Diego Gas & Electric Co.                                                        | San Diego Gas & Electric Co.                                                        | CUSIP: 797440CF9<br>LEI: KNIRVXKVNJJ4P8OTMS63 | Long             | DBT              | CORP              | US        |    131000 | PA      | $121710.26    | 0.07%             | 2054-04-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Pennsylvania Electric Co.                                               | FirstEnergy Pennsylvania Electric Co.                                               | CUSIP: 591894CE8<br>LEI: TBL0FUJQXXOVZMZFHZ71 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15249.61     | 0.01%             | 2028-04-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DN6<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41154.05     | 0.02%             | 2029-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172CW7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8351.18      | 0.00%             | 2029-11-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership, L.P.                                                | Piedmont Operating Partnership, L.P.                                                | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    474000 | PA      | $523575.04    | 0.28%             | 2028-07-20      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                          | Amgen Inc.                                                                          | CUSIP: 031162DU1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    328000 | PA      | $310325.01    | 0.17%             | 2063-03-02      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                                                           | Morgan Stanley Bank, N.A.                                                           | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    167000 | PA      | $168723.92    | 0.09%             | 2029-01-12      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| Peachtree Corners Funding Trust II                                                  | Peachtree Corners Funding Trust II                                                  | CUSIP: 70470BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    139000 | PA      | $139956.77    | 0.08%             | 2035-05-15      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457CJ7<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16392.12     | 0.01%             | 2033-03-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    129000 | PA      | $139123.94    | 0.08%             | 2033-10-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Quest Diagnostics Inc.                                                              | Quest Diagnostics Inc.                                                              | CUSIP: 74834LBD1<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | DBT              | CORP              | US        |     78000 | PA      | $84242.25     | 0.05%             | 2033-11-30      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| GreenSaif Pipelines Bidco S.a.r.l.                                                  | GreenSaif Pipelines Bidco S.a.r.l.                                                  | CUSIP: 39541EAC7<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $204692.59    | 0.11%             | 2042-02-23      | Fixed         | 6.51%                 | No            |                  2 | On Loan: No      |
| TTX Co.                                                                             | TTX Co.                                                                             | CUSIP: 87305QCS8<br>LEI: 549300I8CNSYS1OGX775 | Long             | DBT              | CORP              | US        |    277000 | PA      | $277219.83    | 0.15%             | 2034-11-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967PF2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     63000 | PA      | $63827.21     | 0.03%             | 2030-02-13      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                                                 | Realty Income Corp.                                                                 | CUSIP: 756109CT9<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54393.50     | 0.03%             | 2035-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                                             | Republic Services, Inc.                                                             | CUSIP: 760759BC3<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2002.95      | 0.00%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Airlines Pass-Through Trust                                                  | United Airlines Pass-Through Trust                                                  | CUSIP: 90933HAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    159384 | PA      | $157280.40    | 0.09%             | 2026-01-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| L3Harris Technologies, Inc.                                                         | L3Harris Technologies, Inc.                                                         | CUSIP: 502431AQ2<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41567.77     | 0.02%             | 2033-07-31      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                                               | Alexandria Real Estate Equities, Inc.                                               | CUSIP: 015271BC2<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |     38000 | PA      | $36095.01     | 0.02%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                              | Standard Chartered PLC                                                              | CUSIP: 85325C2H4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200652.48    | 0.11%             | 2031-05-13      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Raising Cane's Restaurants, L.L.C.                                                  | Raising Cane's Restaurants, L.L.C.                                                  | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |    158000 | PA      | $167869.15    | 0.09%             | 2029-05-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                                               | WEC Energy Group Inc.                                                               | CUSIP: 92939UAL0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45460.68     | 0.02%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                                          | Cloud Software Group, Inc.                                                          | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64981.14     | 0.04%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CVS Pass-Through Trust                                                              | CVS Pass-Through Trust                                                              | CUSIP: 126650BV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    741744 | PA      | $734929.89    | 0.40%             | 2033-01-10      | Fixed         | 5.77%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                                                | Energy Transfer L.P.                                                                | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    148000 | PA      | $155271.09    | 0.08%             | 2054-05-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Capital Power (US Holdings) Inc.                                                    | Capital Power (US Holdings) Inc.                                                    | CUSIP: 14041TAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $74483.90     | 0.04%             | 2028-06-01      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank, N.A.                                                           | Morgan Stanley Bank, N.A.                                                           | CUSIP: 61690U7W4<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10201.87     | 0.01%             | 2026-10-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Africa Finance Corp.                                                                | Africa Finance Corp.                                                                | CUSIP: 00832XAA9<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | CORP              | NG        |    310000 | PA      | $303682.59    | 0.17%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                                           | Nippon Life Insurance Co.                                                           | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203138.00    | 0.11%             | 2055-04-30      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Marriott International, Inc.                                                        | Marriott International, Inc.                                                        | CUSIP: 571903BQ5<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65511.48     | 0.04%             | 2034-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc.                                                                       | Broadcom Inc.                                                                       | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    115000 | PA      | $109883.69    | 0.06%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2010.81      | 0.00%             | 2028-04-24      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| UPMC                                                                                | UPMC                                                                                | CUSIP: 90320WAG8<br>LEI: 5493001YCBUGKVU74S74 | Long             | DBT              | CORP              | US        |    147000 | PA      | $144788.92    | 0.08%             | 2033-05-15      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                                          | ESAB Corp.                                                                          | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    136000 | PA      | $138461.60    | 0.08%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co. LLC                                                     | Oncor Electric Delivery Co. LLC                                                     | CUSIP: 68233JDA9<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |    183000 | PA      | $177877.98    | 0.10%             | 2055-04-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Oncor Electric Delivery Co. LLC                                                     | Oncor Electric Delivery Co. LLC                                                     | CUSIP: 68233JCS1<br>LEI: 549300SP2X2BS1KERD24 | Long             | DBT              | CORP              | US        |     93000 | PA      | $96454.36     | 0.05%             | 2033-11-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| EZCORP, Inc.                                                                        | EZCORP, Inc.                                                                        | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    177000 | PA      | $184124.43    | 0.10%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Eli Lilly and Co.                                                                   | Eli Lilly and Co.                                                                   | CUSIP: 532457CT3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |     51000 | PA      | $46998.89     | 0.03%             | 2064-08-14      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                                   | Genesis Energy L.P./ Genesis Energy Finance Corp.                                   | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28000 | PA      | $28379.23     | 0.02%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $35202.30     | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Prairie Acquiror L.P.                                                               | Prairie Acquiror L.P.                                                               | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91568.88     | 0.05%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                        | Pacific Gas and Electric Co.                                                        | CUSIP: 694308KT3<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |     64000 | PA      | $57391.29     | 0.03%             | 2054-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance (USA) PLC                                                         | Rio Tinto Finance (USA) PLC                                                         | CUSIP: 76720AAT3<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    119000 | PA      | $119533.62    | 0.06%             | 2032-03-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                                 | Bank of New York Mellon Corp. (The)                                                 | CUSIP: 06406RBN6<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61245.92     | 0.03%             | 2029-02-01      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Mars, Inc.                                                                          | Mars, Inc.                                                                          | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53988.59     | 0.03%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                                                | American Express Co.                                                                | CUSIP: 025816DZ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    174000 | PA      | $175213.51    | 0.10%             | 2036-01-30      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| New Gold Inc.                                                                       | New Gold Inc.                                                                       | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    229000 | PA      | $234125.48    | 0.13%             | 2032-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                        | Avolon Holdings Funding Ltd.                                                        | CUSIP: 05401AAX9<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $4984.83      | 0.00%             | 2030-01-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating, L.P.                                                   | Western Midstream Operating, L.P.                                                   | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     88000 | PA      | $89941.21     | 0.05%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                                                        | Vistra Corp., Series C                                                              | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    124000 | PA      | $133502.62    | 0.07%             | N/A             | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| Ohio Power Co.                                                                      | Ohio Power Co.                                                                      | CUSIP: 677415CW9<br>LEI: 06ZODLC132CY1O2Y7D77 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107013.31    | 0.06%             | 2034-06-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership, L.P.                                                | Piedmont Operating Partnership, L.P.                                                | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    105000 | PA      | $108731.86    | 0.06%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Raising Cane's Restaurants LLC                                                      | Raising Cane's Restaurants LLC, Term Loan B                                         | CUSIP: 75101XAP2<br>LEI: 254900V6ADXFWHYOED66 | Long             | LON              | CORP              | US        |    352230 | PA      | $353771.01    | 0.19%             | 2031-09-10      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                               | Cleveland-Cliffs Inc.                                                               | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1719.85      | 0.00%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                  | Newell Brands Inc.                                                                  | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    101000 | PA      | $95136.42     | 0.05%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Molex Electronic Technologies, LLC                                                  | Molex Electronic Technologies, LLC                                                  | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130031.58    | 0.07%             | 2032-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                          | Ares Strategic Income Fund                                                          | CUSIP: 04020EAJ6<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3970.92      | 0.00%             | 2032-03-21      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Romanian Government International Bond                                              | Romanian Government International Bond                                              | CUSIP: 77586RAV2<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    220000 | PA      | $197758.00    | 0.11%             | 2035-03-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     14000 | PA      | $11939.69     | 0.01%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFG5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    121000 | PA      | $122130.71    | 0.07%             | 2034-07-21      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group Trust                                                             | Kite Realty Group Trust                                                             | CUSIP: 76131VAB9<br>LEI: 549300OVTYLM7DH6CM14 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51282.77     | 0.03%             | 2030-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II, LLC                                                        | Match Group Holdings II, LLC                                                        | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4376.56      | 0.00%             | 2031-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury DAC                                                                | Flutter Treasury DAC                                                                | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    331000 | PA      | $332861.88    | 0.18%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MPLX L.P.                                                                           | MPLX L.P.                                                                           | CUSIP: 55336VAT7<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |    177000 | PA      | $155617.29    | 0.08%             | 2049-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                                  | Macquarie Airfinance Holdings Ltd.                                                  | CUSIP: 55609NAC2<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      2000 | PA      | $2069.29      | 0.00%             | 2029-03-26      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Smurfit Kappa Treasury Unlimited Co.                                                | Smurfit Kappa Treasury Unlimited Co.                                                | CUSIP: 83272GAE1<br>LEI: 635400B3DOXSWFOWJT40 | Long             | DBT              | CORP              | IE        |    128000 | PA      | $128231.20    | 0.07%             | 2034-04-03      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GB60<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92701.46     | 0.05%             | 2030-10-23      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                     | Solventum Corp.                                                                     | CUSIP: 83444MAS0<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    182000 | PA      | $174807.55    | 0.10%             | 2054-04-30      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122DZ8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4243.05      | 0.00%             | 2033-11-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122EC8<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3161.79      | 0.00%             | 2063-11-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Constellation Brands, Inc.                                                          | Constellation Brands, Inc.                                                          | CUSIP: 21036PBP2<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20565.42     | 0.01%             | 2033-05-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International, LLC                                                | Graphic Packaging International, LLC                                                | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     67000 | PA      | $67182.71     | 0.04%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Walmart Inc.                                                                        | Walmart Inc.                                                                        | CUSIP: 931142EZ2<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |     85000 | PA      | $73126.55     | 0.04%             | 2052-09-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                                                    | Philip Morris International Inc.                                                    | CUSIP: 718172DG1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5063.44      | 0.00%             | 2029-02-13      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                  | CHS/Community Health Systems, Inc.                                                  | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     42000 | PA      | $35985.81     | 0.02%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                          | Occidental Petroleum Corp.                                                          | CUSIP: 674599EJ0<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25843.48     | 0.01%             | 2029-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GB29<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    117000 | PA      | $118031.39    | 0.06%             | 2030-07-23      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| McKesson Corp.                                                                      | McKesson Corp.                                                                      | CUSIP: 581557BY0<br>LEI: 549300WZWOM80UCFSF54 | Long             | DBT              | CORP              | US        |    317000 | PA      | $317861.93    | 0.17%             | 2035-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. L.P. / PTL Finance Corp.                                   | Penske Truck Leasing Co. L.P. / PTL Finance Corp.                                   | CUSIP: 709599BS2<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     53000 | PA      | $54303.92     | 0.03%             | 2028-02-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Nordson Corp.                                                                       | Nordson Corp.                                                                       | CUSIP: 655663AB8<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | DBT              | CORP              | US        |     65000 | PA      | $67618.28     | 0.04%             | 2033-09-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                 | Kinder Morgan, Inc.                                                                 | CUSIP: 49456BAX9<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6911.32      | 0.00%             | 2033-06-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RBD4<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99850.24     | 0.05%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brandywine Operating Partnership, L.P.                                              | Brandywine Operating Partnership, L.P.                                              | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |    190000 | PA      | $202512.07    | 0.11%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Enel Finance International N.V.                                                     | Enel Finance International N.V.                                                     | CUSIP: 29278GAZ1<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    212000 | PA      | $213487.92    | 0.12%             | 2025-10-14      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Belrose Funding Trust II                                                            | Belrose Funding Trust II                                                            | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    332000 | PA      | $333068.85    | 0.18%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEX0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    174000 | PA      | $177097.86    | 0.10%             | 2036-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4074.55      | 0.00%             | 2028-04-22      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                                         | Toronto-Dominion Bank (The)                                                         | CUSIP: 89115A3C4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |      4000 | PA      | $4017.28      | 0.00%             | 2029-12-17      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Sonic Capital LLC                                                                   | Sonic Capital LLC, Series 2021-1A, Class A2I                                        | CUSIP: 83546DAN8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    202300 | PA      | $183451.63    | 0.10%             | 2051-08-20      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| Campbell's Co. (The)                                                                | Campbell's Co. (The)                                                                | CUSIP: 134429BN8<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2035.87      | 0.00%             | 2029-03-21      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Jackson National Life Global Funding                                                | Jackson National Life Global Funding                                                | CUSIP: 46849CJP7<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150211.42    | 0.08%             | 2028-06-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Genuine Parts Co.                                                                   | Genuine Parts Co.                                                                   | CUSIP: 372460AF2<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |    121000 | PA      | $122127.88    | 0.07%             | 2029-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AvalonBay Communities, Inc.                                                         | AvalonBay Communities, Inc.                                                         | CUSIP: 053484AE1<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | DBT              | CORP              | US        |    126000 | PA      | $127818.22    | 0.07%             | 2033-12-07      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                                                    | CVS Health Corp.                                                                    | CUSIP: 126650DW7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98682.64     | 0.05%             | 2029-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc., Series BB                                                           | CUSIP: 172967PJ4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    143000 | PA      | $147561.70    | 0.08%             | N/A             | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| POSCO Holdings Inc.                                                                 | POSCO Holdings Inc.                                                                 | CUSIP: 693483AJ8<br>LEI: 988400E5HRVX81AYLM04 | Long             | DBT              | CORP              | KR        |    212000 | PA      | $212440.15    | 0.12%             | 2030-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Alphabet Inc.                                                                       | Alphabet Inc.                                                                       | CUSIP: 02079KAM9<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111292.94    | 0.06%             | 2055-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Americold Realty Operating Partnership, L.P.                                        | Americold Realty Operating Partnership, L.P.                                        | CUSIP: 03063UAA9<br>LEI: 549300FKD9KVWNHSUU79 | Long             | DBT              | CORP              | US        |     73000 | PA      | $70181.23     | 0.04%             | 2034-09-12      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 17327CAT0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    165000 | PA      | $163024.12    | 0.09%             | 2030-09-19      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                               | Foundry JV Holdco LLC                                                               | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202729.52    | 0.11%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCT0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    217000 | PA      | $207066.86    | 0.11%             | 2034-09-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life, Inc.                                                          | F&G Annuities & Life, Inc.                                                          | CUSIP: 30190AAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $101016.80    | 0.05%             | 2028-01-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| Keybank N.A.                                                                        | Keybank N.A.                                                                        | CUSIP: 49327M3F9<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |    269000 | PA      | $275997.21    | 0.15%             | 2027-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings Inc.                                                             | RB Global Holdings Inc.                                                             | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    235000 | PA      | $246292.34    | 0.13%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 637432PC3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    171000 | PA      | $168536.56    | 0.09%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                          | Occidental Petroleum Corp.                                                          | CUSIP: 674599EK7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     23000 | PA      | $22217.82     | 0.01%             | 2032-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| American International Group, Inc.                                                  | American International Group, Inc.                                                  | CUSIP: 026874DW4<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     72000 | PA      | $72320.73     | 0.04%             | 2030-05-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| OPEC Fund for International Development (The)                                       | OPEC Fund for International Development (The)                                       | CUSIP: 683483AA9<br>LEI: HHX3T53LK1P186EUNV37 | Long             | DBT              | CORP              | AT        |    345000 | PA      | $344921.17    | 0.19%             | 2026-01-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                                         | BNP Paribas                                                                         | CUSIP: 09659W3D4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $400389.57    | 0.22%             | 2031-05-09      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. Ltd.                                                                   | 1261229 B.C. Ltd.                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     65000 | PA      | $64391.72     | 0.04%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc., Series W                                                            | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    147000 | PA      | $145862.98    | 0.08%             | N/A             | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| British Airways Pass-Through Trust                                                  | British Airways Pass-Through Trust                                                  | CUSIP: 11042CAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84724 | PA      | $75819.61     | 0.04%             | 2035-03-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| TrueNoord Capital DAC                                                               | TrueNoord Capital DAC                                                               | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    132000 | PA      | $137005.84    | 0.07%             | 2030-03-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                                  | Vodafone Group PLC                                                                  | CUSIP: 92857WBZ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |     37000 | PA      | $33835.99     | 0.02%             | 2063-02-10      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     77000 | PA      | $80154.46     | 0.04%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                                  | CHS/Community Health Systems, Inc.                                                  | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     43000 | PA      | $42397.64     | 0.02%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                            | HCA Inc.                                                                            | CUSIP: 404119DB2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    162000 | PA      | $163338.14    | 0.09%             | 2035-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                | ERAC USA Finance LLC                                                                | CUSIP: 26884TAV4<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |     71000 | PA      | $71441.11     | 0.04%             | 2028-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ERAC USA Finance LLC                                                                | ERAC USA Finance LLC                                                                | CUSIP: 26884TAW2<br>LEI: LTKX5ODQW6Z7BQ2K1V47 | Long             | DBT              | CORP              | US        |    169000 | PA      | $166936.13    | 0.09%             | 2033-05-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                                                         | ONEOK, Inc.                                                                         | CUSIP: 682680BG7<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     43000 | PA      | $44749.26     | 0.02%             | 2032-11-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Pricoa Global Funding I                                                             | Pricoa Global Funding I                                                             | CUSIP: 74153WCV9<br>LEI: 635400IBXEBMD9ADYA79 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148767.34    | 0.08%             | 2031-08-27      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Republic Services, Inc.                                                             | Republic Services, Inc.                                                             | CUSIP: 760759BH2<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    104000 | PA      | $104503.36    | 0.06%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Snam S.p.A.                                                                         | Snam S.p.A.                                                                         | CUSIP: 83304JAC1<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    201000 | PA      | $202431.72    | 0.11%             | 2055-05-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                                               | Lockheed Martin Corp.                                                               | CUSIP: 539830CA5<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | DBT              | CORP              | US        |     99000 | PA      | $97297.42     | 0.05%             | 2034-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     33000 | PA      | $34718.91     | 0.02%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DE1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    344000 | PA      | $350523.52    | 0.19%             | 2030-04-17      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| Nasdaq, Inc.                                                                        | Nasdaq, Inc.                                                                        | CUSIP: 63111XAH4<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23610.31     | 0.01%             | 2028-06-28      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings, Inc.                                                          | WarnerMedia Holdings, Inc.                                                          | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    111000 | PA      | $71998.09     | 0.04%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| GATX Corp.                                                                          | GATX Corp.                                                                          | CUSIP: 361448BR3<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4873.13      | 0.00%             | 2054-06-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                                 | U.S. Treasury Ultra Bonds Future                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |        38 | NC      | $75633.98     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                                                                  | Tractor Supply Co.                                                                  | CUSIP: 892356AB2<br>LEI: 549300OJ9VZHZRO6I137 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36943.56     | 0.02%             | 2033-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Brookfield Asset Management Ltd.                                                    | Brookfield Asset Management Ltd.                                                    | CUSIP: 113004AA3<br>LEI: 549300CZ84WPNJZKY093 | Long             | DBT              | CORP              | CA        |    249000 | PA      | $252320.49    | 0.14%             | 2035-04-24      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280FA2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    249000 | PA      | $249645.03    | 0.14%             | N/A             | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                                                            | Diamondback Energy, Inc.                                                            | CUSIP: 25278XBB4<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |     56000 | PA      | $50161.73     | 0.03%             | 2064-04-18      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                           | RTX Corp.                                                                           | CUSIP: 75513ECX7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |     86000 | PA      | $91803.09     | 0.05%             | 2054-03-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Kenvue Inc.                                                                         | Kenvue Inc.                                                                         | CUSIP: 49177JAR3<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |     62000 | PA      | $56241.34     | 0.03%             | 2063-03-22      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands IV B.V.                                     | Teva Pharmaceutical Finance Netherlands IV B.V.                                     | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $303371.10    | 0.16%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                        | UBS Group AG                                                                        | CUSIP: 902613AD0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    258000 | PA      | $226774.88    | 0.12%             | N/A             | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                          | Aviation Capital Group LLC                                                          | CUSIP: 05369AAP6<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    104000 | PA      | $109901.56    | 0.06%             | 2028-10-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OCP S.A.                                                                            | OCP S.A.                                                                            | CUSIP: 67091TAH8<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    202000 | PA      | $202402.14    | 0.11%             | 2030-04-30      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                             | Hyundai Capital America                                                             | CUSIP: 44891ACB1<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48268.33     | 0.03%             | 2026-03-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The), Conv. Pfd.                                                        | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |      2000 | NS      | $134640.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Windstream Services LLC / Windstream Escrow Finance Corp.                           | Windstream Services LLC / Windstream Escrow Finance Corp.                           | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $91649.89     | 0.05%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| McDonald's Corp.                                                                    | McDonald's Corp.                                                                    | CUSIP: 58013MGA6<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |    129000 | PA      | $127244.66    | 0.07%             | 2035-03-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                                                            | Advance Auto Parts, Inc.                                                            | CUSIP: 00751YAJ5<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     73000 | PA      | $74273.12     | 0.04%             | 2028-03-09      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| State Street Corp.                                                                  | State Street Corp.                                                                  | CUSIP: 857477DB6<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    155000 | PA      | $156375.31    | 0.09%             | 2030-04-24      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| Nasdaq, Inc.                                                                        | Nasdaq, Inc.                                                                        | CUSIP: 63111XAL5<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49555.08     | 0.03%             | 2063-06-28      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Realty Income Corp.                                                                 | Realty Income Corp.                                                                 | CUSIP: 756109BR4<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13114.44     | 0.01%             | 2030-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    126000 | PA      | $127994.65    | 0.07%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 17327CAU7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    227000 | PA      | $216737.13    | 0.12%             | 2039-09-19      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc./AAdvantage Loyalty IP Ltd.                                   | American Airlines Inc./AAdvantage Loyalty IP Ltd.                                   | CUSIP: 00253XAB7<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    141000 | PA      | $138546.98    | 0.08%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                                           | South Bow USA Infrastructure Holdings LLC                                           | CUSIP: 83007CAG7<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    102000 | PA      | $92928.64     | 0.05%             | 2054-10-01      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                                                 | Athene Holding Ltd.                                                                 | CUSIP: 04686JAH4<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95659.00     | 0.05%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Paychex, Inc.                                                                       | Paychex, Inc.                                                                       | CUSIP: 704326AC1<br>LEI: 529900K900DW6SUBM174 | Long             | DBT              | CORP              | US        |     71000 | PA      | $72226.15     | 0.04%             | 2035-04-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    421000 | PA      | $424142.75    | 0.23%             | 2036-01-28      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                               | OneMain Finance Corp.                                                               | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     26000 | PA      | $23418.75     | 0.01%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bank of New York Mellon Corp. (The)                                                 | Bank of New York Mellon Corp. (The)                                                 | CUSIP: 06406RBM8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83750.23     | 0.05%             | 2033-10-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DL5<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    469000 | PA      | $476563.12    | 0.26%             | 2036-04-24      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                                         | Saks Global Enterprises LLC                                                         | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     99000 | PA      | $44797.50     | 0.02%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                                                           | Williams Cos., Inc. (The)                                                           | CUSIP: 969457CK4<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    131000 | PA      | $133949.24    | 0.07%             | 2028-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                                                 | Regal Rexnord Corp.                                                                 | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    291000 | PA      | $301276.25    | 0.16%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEG7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82603.47     | 0.04%             | 2030-04-22      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The), Series X                                           | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    254000 | PA      | $265148.57    | 0.14%             | N/A             | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Telecom Italia Capital S.A.                                                         | Telecom Italia Capital S.A.                                                         | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     88000 | PA      | $91990.01     | 0.05%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                            | Group 1 Automotive, Inc.                                                            | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     98000 | PA      | $93991.86     | 0.05%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Banque Ouest Africaine de Developpement                                             | Banque Ouest Africaine de Developpement                                             | CUSIP: 06675QAB9<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | CORP              | TG        |    200000 | PA      | $195715.44    | 0.11%             | 2027-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                                              | Tenet Healthcare Corp.                                                              | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     87000 | PA      | $89668.90     | 0.05%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand Inc.                                                                 | Ingersoll Rand Inc.                                                                 | CUSIP: 45687VAC0<br>LEI: 5299004C02FMZCUOIR50 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73938.28     | 0.04%             | 2027-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Kite Realty Group, L.P.                                                             | Kite Realty Group, L.P.                                                             | CUSIP: 49803XAF0<br>LEI: 549300X6R2GYI8Y3OD81 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61192.97     | 0.03%             | 2031-12-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                                                      | AIA Group Ltd.                                                                      | CUSIP: 00131LAQ8<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $202224.70    | 0.11%             | 2034-04-05      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PEQ5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    153000 | PA      | $152138.90    | 0.08%             | 2030-10-22      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Burlington Northern Santa Fe, LLC                                                   | Burlington Northern Santa Fe, LLC                                                   | CUSIP: 12189LBK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167000 | PA      | $155161.32    | 0.08%             | 2054-04-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Finance ULC                                               | Brookfield Infrastructure Finance ULC                                               | CUSIP: 11276BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     92000 | PA      | $91138.52     | 0.05%             | 2055-03-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 17327CAR4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    207000 | PA      | $212181.82    | 0.12%             | 2034-05-25      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                          | Allianz SE                                                                          | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $389661.68    | 0.21%             | N/A             | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp.                                                                       | Stryker Corp.                                                                       | CUSIP: 863667BE0<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27804.79     | 0.02%             | 2029-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ameren Illinois Co.                                                                 | Ameren Illinois Co.                                                                 | CUSIP: 02361DBA7<br>LEI: RC71E2BZ6UOMFPDJSE79 | Long             | DBT              | CORP              | US        |     70000 | PA      | $69836.19     | 0.04%             | 2033-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                                                  | Macquarie Airfinance Holdings Ltd.                                                  | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      2000 | PA      | $2080.13      | 0.00%             | 2031-03-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | Penske Truck Leasing Co. L.P./ PTL Finance Corp.                                    | CUSIP: 709599BT0<br>LEI: 549300ZX07JYMI8GHQ39 | Long             | DBT              | CORP              | US        |     72000 | PA      | $73604.42     | 0.04%             | 2028-05-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                                                      | DTE Energy Co.                                                                      | CUSIP: 233331BL0<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |     39000 | PA      | $40213.30     | 0.02%             | 2034-06-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings Inc.                                                   | Nationstar Mortgage Holdings Inc.                                                   | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     87000 | PA      | $90657.31     | 0.05%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                   | HSBC Holdings PLC                                                                   | CUSIP: 404280EX3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    282000 | PA      | $284074.62    | 0.15%             | 2036-05-13      | Variable      | 5.79%                 | No            |                  2 | On Loan: No      |
| AutoZone, Inc.                                                                      | AutoZone, Inc.                                                                      | CUSIP: 053332BF8<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97281.45     | 0.05%             | 2033-08-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| RTX Corp.                                                                           | RTX Corp.                                                                           | CUSIP: 75513ECW9<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    119000 | PA      | $126826.66    | 0.07%             | 2034-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Corning Inc.                                                                        | Corning Inc.                                                                        | CUSIP: 219350BQ7<br>LEI: 549300X2937PB0CJ7I56 | Long             | DBT              | CORP              | US        |    259000 | PA      | $225906.26    | 0.12%             | 2079-11-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Australia and New Zealand Banking Group Ltd.                                        | Australia and New Zealand Banking Group Ltd.                                        | CUSIP: 052528AP1<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    333000 | PA      | $358565.65    | 0.19%             | 2032-12-08      | Fixed         | 6.74%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCK9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    166000 | PA      | $179427.74    | 0.10%             | 2052-11-09      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                               | OneMain Finance Corp.                                                               | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44784.19     | 0.02%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                          | Ares Strategic Income Fund                                                          | CUSIP: 04020EAG2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    143000 | PA      | $143270.84    | 0.08%             | 2028-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                           | Ford Motor Credit Co. LLC                                                           | CUSIP: 345397D26<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    335000 | PA      | $338897.11    | 0.18%             | 2026-06-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Caterpillar Inc.                                                                    | Caterpillar Inc.                                                                    | CUSIP: 149123CL3<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120475.94    | 0.07%             | 2035-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Regency Centers, L.P.                                                               | Regency Centers, L.P.                                                               | CUSIP: 75884RAX1<br>LEI: 5493008PTR2GAOYBXW28 | Long             | DBT              | CORP              | US        |     66000 | PA      | $65650.91     | 0.04%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyality IP Ltd. (American Airlines, Inc.)                               | AAdvantage Loyality IP Ltd. (American Airlines, Inc.), Term Loan                    | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    213100 | PA      | $214253.94    | 0.12%             | 2032-05-07      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023CW3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    161000 | PA      | $150869.58    | 0.08%             | 2050-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co.                                                                   | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     64000 | PA      | $65667.49     | 0.04%             | 2029-07-25      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                                     | Air Lease Corp., Series B                                                           | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    254000 | PA      | $250479.13    | 0.14%             | N/A             | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Magna International Inc.                                                            | Magna International Inc.                                                            | CUSIP: 559222BD5<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | DBT              | CORP              | CA        |     38000 | PA      | $38305.26     | 0.02%             | 2035-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust 2025-INV1                                                            | PMT Loan Trust 2025-INV1, Series 2025-INV1, Class A7                                | CUSIP: 693967AG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138959 | PA      | $140288.09    | 0.08%             | 2060-01-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Agree L.P.                                                                          | Agree L.P.                                                                          | CUSIP: 008513AE3<br>LEI: 549300DXY3G299V1BO77 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65569.56     | 0.04%             | 2034-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Pacific Life Global Funding II                                                      | Pacific Life Global Funding II                                                      | CUSIP: 6944PL2G3<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45094.06     | 0.02%             | 2026-06-04      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                      | ZF North America Capital, Inc.                                                      | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    247000 | PA      | $226776.72    | 0.12%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GB37<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    145000 | PA      | $143829.23    | 0.08%             | 2035-07-23      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation, LLC                                                | Constellation Energy Generation, LLC                                                | CUSIP: 210385AE0<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |     43000 | PA      | $45074.73     | 0.02%             | 2053-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Carlyle Holdings II Finance L.L.C.                                                  | Carlyle Holdings II Finance L.L.C.                                                  | CUSIP: 14310FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14023.42     | 0.01%             | 2043-03-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| X Corp.                                                                             | X Corp., Term Loan B                                                                | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    700000 | PA      | $697648.00    | 0.38%             | 2029-10-27      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.                                  | National Rural Utilities Cooperative Finance Corp.                                  | CUSIP: 63743HFN7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5054.78      | 0.00%             | 2029-02-07      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                                             | SS&C Technologies, Inc.                                                             | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     99000 | PA      | $98951.47     | 0.05%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Georgia Power Co.                                                                   | Georgia Power Co.                                                                   | CUSIP: 373334KS9<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |     37000 | PA      | $37351.90     | 0.02%             | 2028-05-16      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Subway Funding LLC                                                                  | Subway Funding LLC, Series 2024-1A, Class A2I                                       | CUSIP: 864300AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    252730 | PA      | $258344.80    | 0.14%             | 2054-07-30      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Dominican Republic International Bond                                               | Dominican Republic International Bond                                               | CUSIP: 25714PFC7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    240000 | PA      | $235716.00    | 0.13%             | 2055-02-24      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                              | Sempra                                                                              | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    185000 | PA      | $173561.49    | 0.09%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                                                   | PennyMac Financial Services, Inc.                                                   | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     49000 | PA      | $46554.76     | 0.03%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Southwestern Electric Power Co.                                                     | Southwestern Electric Power Co.                                                     | CUSIP: 845437BU5<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60347.90     | 0.03%             | 2033-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                   | Wells Fargo & Co., Series L, Conv. Pfd.                                             | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      1992 | NS      | $2262912.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Global Funding                                                           | Corebridge Global Funding                                                           | CUSIP: 00138CBA5<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107819.61    | 0.06%             | 2029-06-24      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| El Paso Natural Gas Co., L.L.C.                                                     | El Paso Natural Gas Co., L.L.C.                                                     | CUSIP: 283695BK9<br>LEI: 72Y8LZSMBPXBNCHM7925 | Long             | DBT              | CORP              | US        |     44000 | PA      | $50657.93     | 0.03%             | 2032-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                                                      | Walgreens Boots Alliance, Inc.                                                      | CUSIP: 931427AT5<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9355.54      | 0.01%             | 2050-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                                           | Ford Motor Credit Co. LLC                                                           | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7207.11      | 0.00%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                                                       | Asbury Automotive Group, Inc.                                                       | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     71000 | PA      | $67556.90     | 0.04%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PES1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    209000 | PA      | $204811.45    | 0.11%             | 2045-11-29      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                                        | Kohl's Corp.                                                                        | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     59000 | PA      | $37823.32     | 0.02%             | 2031-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                                                  | Cerdia Finanz GmbH                                                                  | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |    215000 | PA      | $221455.16    | 0.12%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                     | Intercontinental Exchange, Inc.                                                     | CUSIP: 45866FAV6<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44940.15     | 0.02%             | 2029-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                           | Vistra Operations Co. LLC                                                           | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39908.42     | 0.02%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                           | Global Atlantic (Fin) Co.                                                           | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    117000 | PA      | $120320.46    | 0.07%             | 2054-10-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                                      | Blackstone Private Credit Fund                                                      | CUSIP: 09261HBR7<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49484.85     | 0.03%             | 2027-09-26      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                     | TransDigm, Inc.                                                                     | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     44000 | PA      | $45570.84     | 0.02%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                              | Sempra                                                                              | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    139000 | PA      | $131142.27    | 0.07%             | 2055-04-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                                                      | Citizens Financial Group, Inc.                                                      | CUSIP: 174610BE4<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    121000 | PA      | $117699.51    | 0.06%             | 2037-05-21      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| Panther BF Aggregator 2 L.P. (Power Solutions, Clarios POWSOL)                      | Panther BF Aggregator 2 L.P. (Power Solutions, Clarios POWSOL), Term Loan B         | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |     25000 | PA      | $24968.75     | 0.01%             | 2032-01-15      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| Travelers Cos., Inc. (The)                                                          | Travelers Cos., Inc. (The)                                                          | CUSIP: 89417EAS8<br>LEI: 549300Y650407RU8B149 | Long             | DBT              | CORP              | US        |     53000 | PA      | $50749.37     | 0.03%             | 2053-05-25      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| OCP S.A.                                                                            | OCP S.A.                                                                            | CUSIP: 67091TAJ4<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    202000 | PA      | $198692.48    | 0.11%             | 2036-03-01      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |     58000 | PA      | $55371.66     | 0.03%             | 2054-04-04      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| GreenSaif Pipelines Bidco S.a.r.l.                                                  | GreenSaif Pipelines Bidco S.a.r.l.                                                  | CUSIP: 39541EAA1<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $203499.39    | 0.11%             | 2038-02-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                                                         | Bell Canada                                                                         | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |     68000 | PA      | $68609.54     | 0.04%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Brink's Co. (The)                                                                   | Brink's Co. (The)                                                                   | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92399.76     | 0.05%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc.                                                                      | CUSIP: 172967MS7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     17000 | PA      | $15233.53     | 0.01%             | 2031-06-03      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Operating Partnership L.P.                                         | Invitation Homes Operating Partnership L.P.                                         | CUSIP: 46188BAG7<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |    124000 | PA      | $118030.07    | 0.06%             | 2035-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST, L.P.                                                             | RLJ LODGING TRUST, L.P.                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |    101000 | PA      | $92434.95     | 0.05%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                                        | Pacific Gas and Electric Co.                                                        | CUSIP: 694308KV8<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92718.42     | 0.05%             | 2055-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                      | Morgan Stanley                                                                      | CUSIP: 61747YFU4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    133000 | PA      | $132161.65    | 0.07%             | 2030-10-18      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| Carriage Services, Inc.                                                             | Carriage Services, Inc.                                                             | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149000 | PA      | $139543.54    | 0.08%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                                                        | Mizuho Financial Group, Inc.                                                        | CUSIP: 60687YDF3<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204175.33    | 0.11%             | 2030-07-10      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp.                                                   | Blue Owl Technology Finance Corp.                                                   | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5032.03      | 0.00%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Bank, Ltd.                                                    | Sumitomo Mitsui Trust Bank, Ltd.                                                    | CUSIP: 86563VBR9<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $201965.60    | 0.11%             | 2034-03-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                                             | GA Global Funding Trust                                                             | CUSIP: 36143L2L8<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    152000 | PA      | $155219.62    | 0.08%             | 2029-01-08      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                | Glencore Funding LLC                                                                | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    118000 | PA      | $119417.96    | 0.06%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| MassMutual Global Funding II                                                        | MassMutual Global Funding II                                                        | CUSIP: 57629TBX4<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    238000 | PA      | $237717.89    | 0.13%             | 2030-05-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                                            | CenterPoint Energy, Inc.                                                            | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     90000 | PA      | $90050.02     | 0.05%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Cousins Properties L.P.                                                             | Cousins Properties L.P.                                                             | CUSIP: 222793AC5<br>LEI: 254900ZQIHJ5FQH4C329 | Long             | DBT              | CORP              | US        |    223000 | PA      | $224507.67    | 0.12%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                | JPMorgan Chase & Co.                                                                | CUSIP: 46647PDG8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61319.91     | 0.03%             | 2028-07-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| AutoZone, Inc.                                                                      | AutoZone, Inc.                                                                      | CUSIP: 053332BB7<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | DBT              | CORP              | US        |     58000 | PA      | $56878.38     | 0.03%             | 2032-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Dai-ichi Life Insurance Co., Ltd. (The)                                             | Dai-ichi Life Insurance Co., Ltd. (The)                                             | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | DBT              | CORP              | JP        |    211000 | PA      | $209960.50    | 0.11%             | N/A             | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Siemens Funding B.V.                                                                | Siemens Funding B.V.                                                                | CUSIP: 82622RAE6<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    210000 | PA      | $210931.88    | 0.11%             | 2035-05-28      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                                          | Aviation Capital Group LLC                                                          | CUSIP: 05369AAN1<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7241.90      | 0.00%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                                                | LXP Industrial Trust                                                                | CUSIP: 529043AF8<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |     29000 | PA      | $30544.52     | 0.02%             | 2028-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| National Securities Clearing Corp.                                                  | National Securities Clearing Corp.                                                  | CUSIP: 637639AH8<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |    335000 | PA      | $341859.88    | 0.19%             | 2027-11-21      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Mitsubishi Ufj Financial Group, Inc.                                                | Mitsubishi Ufj Financial Group, Inc.                                                | CUSIP: 606822DD3<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    222000 | PA      | $239916.95    | 0.13%             | N/A             | Variable      | 8.20%                 | No            |                  2 | On Loan: No      |
| U.S. Treasury Notes/Bonds                                                           | U.S. Treasury Notes/Bonds                                                           | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2484200 | PA      | $2456446.82   | 1.34%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Regions Financial Corp.                                                             | Regions Financial Corp.                                                             | CUSIP: 7591EPAU4<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92067.59     | 0.05%             | 2030-06-06      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                                                  | Southern Co. (The), Series B                                                        | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    135000 | PA      | $133999.44    | 0.07%             | 2051-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                                                  | Ares Capital Corp.                                                                  | CUSIP: 04010LBK8<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    276000 | PA      | $273910.16    | 0.15%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CCO Holdings, LLC/CCO Holdings Capital Corp.                                        | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    169000 | PA      | $153936.79    | 0.08%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arcos Dorados B.V.                                                                  | Arcos Dorados B.V.                                                                  | CUSIP: 03965TAC7<br>LEI: 549300T91OYP6I7P8G39 | Long             | DBT              | CORP              | NL        |    245000 | PA      | $250341.00    | 0.14%             | 2032-01-29      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Nasdaq, Inc.                                                                        | Nasdaq, Inc.                                                                        | CUSIP: 63111XAJ0<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |     62000 | PA      | $63661.69     | 0.03%             | 2034-02-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp.                                                                    | Fair Isaac Corp.                                                                    | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    199000 | PA      | $199121.81    | 0.11%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ameriprise Financial, Inc.                                                          | Ameriprise Financial, Inc.                                                          | CUSIP: 03076CAL0<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33336.84     | 0.02%             | 2032-05-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hudbay Minerals Inc.                                                                | Hudbay Minerals Inc.                                                                | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     93000 | PA      | $93305.69     | 0.05%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Citizens Financial Group, Inc.                                                      | Citizens Financial Group, Inc.                                                      | CUSIP: 174610AT2<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10161.17     | 0.01%             | 2030-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                                         | Humana Inc.                                                                         | CUSIP: 444859BZ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     36000 | PA      | $37173.38     | 0.02%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                                             | Micron Technology, Inc.                                                             | CUSIP: 595112CH4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    295000 | PA      | $300929.08    | 0.16%             | 2035-11-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)                                                     | Goldman Sachs Group, Inc. (The)                                                     | CUSIP: 38141GC51<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    332000 | PA      | $322895.55    | 0.18%             | 2056-01-28      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                                   | Enterprise Products Operating LLC                                                   | CUSIP: 29379VBW2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    118000 | PA      | $90422.96     | 0.05%             | 2050-01-31      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                        | Oracle Corp.                                                                        | CUSIP: 68389XCU7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    254000 | PA      | $225450.98    | 0.12%             | 2054-09-27      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| International Business Machines Corp.                                               | International Business Machines Corp.                                               | CUSIP: 459200LK5<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68322.84     | 0.04%             | 2055-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| AIA Group Ltd.                                                                      | AIA Group Ltd.                                                                      | CUSIP: 00131LAS4<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $183398.93    | 0.10%             | 2054-09-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                              | Truist Financial Corp., Series P                                                    | CUSIP: 89832QAE9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46810.09     | 0.03%             | N/A             | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                                                         | Marsh & McLennan Cos., Inc.                                                         | CUSIP: 571748BT8<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     39000 | PA      | $36755.63     | 0.02%             | 2053-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Invesco Bond Fund

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer