# EDGAR Filing Document

**Accession Number:** 0000875186
**File Stem:** 0001003715-26-001534
**Filing Date:** 2026-4
**Character Count:** 128978
**Document Hash:** 5ec4212008e04733381802926cb2e235
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-26-001534.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001003715-26-001534

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MORGAN STANLEY PATHWAY FUNDS
- **CENTRAL INDEX KEY:** 0000875186

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06318
- **FILM NUMBER:** 26897371

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 WESTCHESTER AVENUE
- **CITY:** PURCHASE
- **STATE:** NY
- **ZIP:** 10577
- **BUSINESS PHONE:** 8883749999

**MAIL ADDRESS:**
- **STREET 1:** 2000 WESTCHESTER AVENUE
- **CITY:** PURCHASE
- **STATE:** NY
- **ZIP:** 10577

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CONSULTING GROUP CAPITAL MARKETS FUNDS
- **DATE OF NAME CHANGE:** 19950125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRUST FOR TRAK INVESTMENTS
- **DATE OF NAME CHANGE:** 19920929

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INSTITUTIONAL ADVISORS PORTFOLIOS
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### High Yield Fund (Series ID: S000008438)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000023146 | High Yield Fund | THYUX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MORGAN STANLEY PATHWAY FUNDS

- **b. Investment Company Act file number:** 811-06318

- **c. CIK number of Registrant:** 0000875186

- **d. LEI of Registrant:** 549300P3RUTI9W6SLI87

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

  - **Street Address 1:** 2000 Westchester Avenue

  - **City:** Purchase

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10577

  - **Telephone number:** 888-454-3965

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

- **a. Name of Series:** High Yield Fund

- **b. EDGAR series identifier (if any):** S000008438

- **c. LEI of Series:** 549300EX14KR2XJQP371

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $162615238.39

**Total Liabilities:** $7543943.34

**Net Assets:** $155071295.05

**Cash Not Reported:** $10301923.97

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -4.41282687 | **1-Year:** -357.71280024 | **5-Year:** -748.26946394 | **10-Year:** -348.15450797 | **30-Year:** 0.00000000

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

- **3-Month:** -272.32809435 | **1-Year:** -11845.07483502 | **5-Year:** -30331.38764366 | **10-Year:** -7354.68002530 | **30-Year:** -489.11849523

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000023146 | 0.25%                | 0.62%                | -0.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $172468.85               | $-515856.67                                |
| Month 2  | $33749.01                | $-179648.33                                |
| Month 3  | $-216778.72              | $-520022.41                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** SEC_PORT

### Schedule of Portfolio Investments

| Name                                                | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACRISURE LLC /  6.75% 07/01/32                      | ACRISURE LLC / FIN INC REGD 144A P/P 6.75000000         | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    666000 | PA      | $653844.90    | 0.42%             | 2032-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ADVANCED DRAIN 5.375% 03/01/34                      | ADVANCED DRAINAGE SYSTEM REGD 144A P/P 5.37500000       | CUSIP: 00790RAC8<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    455000 | PA      | $458699.74    | 0.30%             | 2034-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| AIR CANADA 3.875% 08/15/26                          | AIR CANADA REGD 144A P/P 3.87500000                     | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    405000 | PA      | $405341.82    | 0.26%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| AIR LEASE CORP V/R /PERP/                           | AIR LEASE CORP REGD V/R /PERP/ SER B 4.65000000         | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    414000 | PA      | $413909.25    | 0.27%             | 2174-06-15      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP V/R /PERP/                           | AIR LEASE CORP REGD V/R /PERP/ SER C 4.12500000         | CUSIP: 00912XBK9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    325000 | PA      | $322490.44    | 0.21%             | 2174-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD V/R /PERP/                            | AIRCASTLE LTD REGD V/R /PERP/ 144A P/P 5.25000000       | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | US        |    735000 | PA      | $735090.99    | 0.47%             | 2174-09-15      | Variable      | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/ 6.25% 03/15/33                      | ALBERTSONS COS/SAFEWAY REGD 144A P/P 6.25000000         | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $365557.35    | 0.24%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/S 5.5% 03/31/31                      | ALBERTSONS COS/SAFEWAY REGD 144A P/P 5.50000000         | CUSIP: 01309QAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76000 | PA      | $76603.90     | 0.05%             | 2031-03-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/ 5.75% 03/31/34                      | ALBERTSONS COS/SAFEWAY REGD 144A P/P 5.75000000         | CUSIP: 01309QAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1051000 | PA      | $1046997.12   | 0.68%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ATI INC 4.875% 10/01/29                             | ATI INC REGD 4.87500000                                 | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    484000 | PA      | $483708.20    | 0.31%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATI INC 5.125% 10/01/31                             | ATI INC REGD 5.12500000                                 | CUSIP: 01741RAM4<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    210000 | PA      | $211157.73    | 0.14%             | 2031-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL 6.75% 05/15/31                      | BREAD FINANCIAL HLDGS REGD 144A P/P 6.75000000          | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    700000 | PA      | $714019.60    | 0.46%             | 2031-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / C 6.5% 10/01/31                      | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 6.50000000       | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $594266.29    | 0.38%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL I 6.7% 02/14/33                      | ALLY FINANCIAL INC REGD 6.70000000                      | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    747000 | PA      | $779437.35    | 0.50%             | 2033-02-14      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL IN V/R 01/17/40                      | ALLY FINANCIAL INC REGD V/R 6.64600000                  | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    300000 | PA      | $299449.04    | 0.19%             | 2040-01-17      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING S 5% 01/15/28                      | ALTICE FINANCING SA REGD 144A P/P 5.00000000            | CUSIP: 02154CAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1235000 | PA      | $870492.22    | 0.56%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLIN 7.25% 02/15/28                      | AMERICAN AIRLINES INC REGD 144A P/P 7.25000000          | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    615000 | PA      | $626999.88    | 0.40%             | 2028-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AXLE  6.375% 10/15/32                      | AMERICAN AXLE & MFG INC REGD 144A P/P 6.37500000        | CUSIP: 02406PBC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    420000 | PA      | $427720.29    | 0.28%             | 2032-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AXLE & 7.75% 10/15/33                      | AMERICAN AXLE & MFG INC REGD 144A P/P 7.75000000        | CUSIP: 02406PBD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    360000 | PA      | $366495.87    | 0.24%             | 2033-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| AMKOR TECHNOLO 5.875% 10/01/33                      | AMKOR TECHNOLOGY INC REGD 144A P/P 5.87500000           | CUSIP: 031652BL3<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |    420000 | PA      | $429083.87    | 0.28%             | 2033-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ANA INTL/ANA HOLD 10% 08/15/26                      | ANA INTL/ANA HOLD REGD 144A P/P 0.00000000              | CUSIP: 03254TAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12101 | PA      | $0.00         | 0.00%             | 2026-08-15      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| ANTERO MIDSTREA 5.75% 01/15/28                      | ANTERO MIDSTREAM PART/FI REGD 144A P/P 5.75000000       | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $405086.11    | 0.26%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ARBOR REALTY S 7.875% 07/15/30                      | ARBOR REALTY SR INC REGD 144A P/P 7.87500000            | CUSIP: 03881NAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $820924.98    | 0.53%             | 2030-07-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK SERVICES/ 6% 02/01/34                      | ARCHROCK SERVICES/PARTNE REGD 144A P/P 6.00000000       | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $263276.00    | 0.17%             | 2034-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTNE 6.25% 04/01/28                      | ARCHROCK PARTNERS LP/FIN REGD 144A P/P 6.25000000       | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    278000 | PA      | $278358.62    | 0.18%             | 2028-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ARCHROCK PARTN 6.625% 09/01/32                      | ARCHROCK PARTNERS LP/FIN REGD 144A P/P 6.62500000       | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $390496.50    | 0.25%             | 2032-09-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PA 6.25% 01/30/31                      | ARDAGH METAL PACKAGING REGD 144A P/P 6.25000000         | CUSIP: 03969YAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    805000 | PA      | $824324.83    | 0.53%             | 2031-01-30      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ASHTON WOODS U 6.875% 08/01/33                      | ASHTON WOODS USA/FINANCE REGD 144A P/P 6.87500000       | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    695000 | PA      | $702055.04    | 0.45%             | 2033-08-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ASURION LLC/ASURIO 8% 12/31/32                      | ASURION LLC/ASURION CO REGD 144A P/P 8.00000000         | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1366388.88   | 0.88%             | 2032-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ASURION LLC/AS 8.375% 02/01/34                      | ASURION LLC/ASURION CO REGD 144A P/P 8.37500000         | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $492951.40    | 0.32%             | 2034-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| ATLANTICA SUST 4.125% 06/15/28                      | ATLANTICA SUSTAIN INFRA REGD 144A P/P 4.12500000        | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    488000 | PA      | $477789.28    | 0.31%             | 2028-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR FUNDIN 3.875% 11/01/29                      | AVANTOR FUNDING INC REGD 144A P/P 3.87500000            | CUSIP: 05352TAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    760000 | PA      | $726811.03    | 0.47%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LBM ACQUISITION 6.25% 01/15/29                      | LBM ACQUISITION LLC REGD 144A P/P 6.25000000            | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    686000 | PA      | $523865.96    | 0.34%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| BALDWIN INSUR  7.125% 05/15/31                      | BALDWIN INSUR GRP/FIN REGD 144A P/P 7.12500000          | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    488000 | PA      | $489996.59    | 0.32%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BANIJAY ENTERT 8.125% 05/01/29                      | BANIJAY ENTERTAINMENT REGD 144A P/P 8.12500000          | CUSIP: 060335AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    755000 | PA      | $782110.16    | 0.50%             | 2029-05-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| BELL CANADA V/R 09/15/55                            | BELL CANADA REGD V/R 6.87500000                         | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    438000 | PA      | $457635.10    | 0.30%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| BELL CANADA V/R 09/15/55                            | BELL CANADA REGD V/R 7.00000000                         | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $349368.03    | 0.23%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BELO CORP 7.75% 06/01/27                            | BELO CORP REGD 7.75000000                               | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $360078.33    | 0.23%             | 2027-06-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMAC 5.5% 02/15/34                      | BIOMARIN PHARMACEUTICAL REGD 144A P/P 5.50000000        | CUSIP: 09061GAL5<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    745000 | PA      | $752026.94    | 0.48%             | 2034-02-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BLACK PEARL CO 6.125% 02/15/31                      | BLACK PEARL COMPUTE LLC REGD 144A P/P 6.12500000        | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    662000 | PA      | $678859.68    | 0.44%             | 2031-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE MORT 7.75% 12/01/29                      | BLACKSTONE MORTGAGE TR REGD 144A P/P 7.75000000         | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    646000 | PA      | $688930.58    | 0.44%             | 2029-12-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| BRINKER INTERNA 8.25% 07/15/30                      | BRINKER INTERNATIONAL IN REGD 144A P/P 8.25000000       | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    455000 | PA      | $481067.56    | 0.31%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| BURFORD CAPITAL 6.25% 04/15/28                      | BURFORD CAPITAL GLBL FIN REGD 144A P/P 6.25000000       | CUSIP: 12116LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    513000 | PA      | $510524.78    | 0.33%             | 2028-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CA 4.5% 05/01/32                      | CCO HLDGS LLC/CAP CORP REGD SER WI 4.50000000           | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $622774.84    | 0.40%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/C 4.25% 01/15/34                      | CCO HLDGS LLC/CAP CORP REGD 144A P/P 4.25000000         | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $252803.01    | 0.16%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: —       |
| CCO HLDGS LLC/ 6.375% 09/01/29                      | CCO HLDGS LLC/CAP CORP REGD 144A P/P 6.37500000         | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    509000 | PA      | $516326.04    | 0.33%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP  7% 02/01/33                      | CCO HLDGS LLC/CAP CORP REGD 144A P/P 7.00000000         | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $674783.42    | 0.44%             | 2033-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC 6.5% 02/01/29                      | CSC HOLDINGS LLC REGD 144A P/P 6.50000000               | CUSIP: 126307AZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $562890.60    | 0.36%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS L 4.125% 12/01/30                      | CSC HOLDINGS LLC REGD 144A P/P 4.12500000               | CUSIP: 126307BB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $253574.71    | 0.16%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC 4.5% 11/15/31                      | CSC HOLDINGS LLC REGD 144A P/P 4.50000000               | CUSIP: 126307BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $120203.96    | 0.08%             | 2031-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| C&W SENIOR FINANCE 9% 01/15/33                      | C&W SENIOR FINANCE LTD REGD 144A P/P 9.00000000         | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    610000 | PA      | $634081.58    | 0.41%             | 2033-01-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CABLE ONE INC 4% 11/15/30                           | CABLE ONE INC REGD 144A P/P 4.00000000                  | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |    834000 | PA      | $577978.10    | 0.37%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: —       |
| CACI INTERNATI 6.375% 06/15/33                      | CACI INTERNATIONAL INC REGD 144A P/P SER MAR 6.37500000 | CUSIP: 127190AG1<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    198000 | PA      | $204296.37    | 0.13%             | 2033-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA BUY 6.375% 02/15/32                      | CALIFORNIA BUYER/ATLANTI REGD 144A P/P 6.37500000       | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    232000 | PA      | $231341.24    | 0.15%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CAPSTONE COPPER 6.75% 03/31/33                      | CAPSTONE COPPER CORP REGD 144A P/P 6.75000000           | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    692000 | PA      | $715541.84    | 0.46%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CAPSTONE BORROWER  8% 06/15/30                      | CAPSTONE BORROWER INC REGD 144A P/P 8.00000000          | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    405000 | PA      | $353187.64    | 0.23%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP 6.125% 02/15/33                       | CARNIVAL CORP REGD 144A P/P 6.12500000                  | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    595000 | PA      | $616305.17    | 0.40%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP 5.75% 08/01/32                        | CARNIVAL CORP REGD 144A P/P 5.75000000                  | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    595000 | PA      | $618211.55    | 0.40%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CHAMPIONS FINAN 8.75% 02/15/29                      | CHAMPIONS FINANCING INC REGD 144A P/P 8.75000000        | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |    709000 | PA      | $674912.56    | 0.44%             | 2029-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| SM ENERGY CO 8.625% 11/01/30                        | SM ENERGY CO REGD 144A P/P 8.62500000                   | CUSIP: 17888HAC7<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    397000 | PA      | $420413.31    | 0.27%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| SM ENERGY CO 9.625% 06/15/33                        | SM ENERGY CO REGD 144A P/P 9.62500000                   | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    285000 | PA      | $315359.83    | 0.20%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| CLEAN HARBORS I 5.75% 10/15/33                      | CLEAN HARBORS INC REGD 144A P/P 5.75000000              | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    715000 | PA      | $733660.07    | 0.47%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CLEARWAY ENERGY 3.75% 01/15/32                      | CLEARWAY ENERGY OP LLC REGD 144A P/P 3.75000000         | CUSIP: 18539UAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    795000 | PA      | $739846.16    | 0.48%             | 2032-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS I 7% 03/15/32                      | CLEVELAND-CLIFFS INC REGD 144A P/P 7.00000000           | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    330000 | PA      | $335582.40    | 0.22%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIF 7.375% 05/01/33                      | CLEVELAND-CLIFFS INC REGD 144A P/P 7.37500000           | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    660000 | PA      | $677760.40    | 0.44%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIF 7.625% 01/15/34                      | CLEVELAND-CLIFFS INC REGD 144A P/P 7.62500000           | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    320000 | PA      | $328671.65    | 0.21%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| CLEVELAND-CLIFF 6.25% 10/01/40                      | CLEVELAND-CLIFFS INC REGD 6.25000000                    | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     48000 | PA      | $40995.44     | 0.03%             | 2040-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP 9% 09/30/29                      | CLOUD SOFTWARE GRP INC REGD 144A P/P 9.00000000         | CUSIP: 18912UAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $136587.43    | 0.09%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE  8.25% 06/30/32                      | CLOUD SOFTWARE GRP INC REGD 144A P/P 8.25000000         | CUSIP: 18912UAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $370343.73    | 0.24%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CLOUD SOFTWARE 6.625% 08/15/33                      | CLOUD SOFTWARE GRP INC REGD 144A P/P 6.62500000         | CUSIP: 18912UAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $344684.98    | 0.22%             | 2033-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| CLYDESDALE ACQU 8.75% 04/15/30                      | CLYDESDALE ACQUISITION REGD 144A P/P 8.75000000         | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    708000 | PA      | $705442.00    | 0.45%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| CLYDESDALE ACQU 6.75% 04/15/32                      | CLYDESDALE ACQUISITION REGD 144A P/P 6.75000000         | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105856.07    | 0.07%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| COBRA ACQUISIT 6.375% 11/01/29                      | COBRA ACQUISITIONCO LLC REGD 144A P/P 6.37500000        | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    941000 | PA      | $813986.36    | 0.52%             | 2029-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| COMMERCIAL MET 3.875% 02/15/31                      | COMMERCIAL METALS CO REGD 3.87500000                    | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    665000 | PA      | $635027.32    | 0.41%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL META 5.75% 11/15/33                      | COMMERCIAL METALS CO REGD 144A P/P 5.75000000           | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     69000 | PA      | $70440.03     | 0.05%             | 2033-11-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| COMMERCIAL METALS  6% 12/15/35                      | COMMERCIAL METALS CO REGD 144A P/P 6.00000000           | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    138000 | PA      | $141439.51    | 0.09%             | 2035-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOUR 6.75% 03/01/29                      | COMSTOCK RESOURCES INC REGD 144A P/P 6.75000000         | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    505000 | PA      | $503627.31    | 0.32%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOU 5.875% 01/15/30                      | COMSTOCK RESOURCES INC REGD 144A P/P 5.87500000         | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    170000 | PA      | $163999.32    | 0.11%             | 2030-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CONCENTRA HEAL 6.875% 07/15/32                      | CONCENTRA HEALTH SERVICE REGD 144A P/P 6.87500000       | CUSIP: 20600DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    778000 | PA      | $813345.32    | 0.52%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CONNECT FINCO SARL 9% 09/15/29                      | CONNECT FINCO SARL/CONNE REGD 144A P/P 9.00000000       | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    460000 | PA      | $488663.06    | 0.32%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED E 5.625% 10/15/28                      | CONSOLIDATED ENERGY FIN REGD 144A P/P 5.62500000        | CUSIP: 20914UAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    901000 | PA      | $757966.25    | 0.49%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTAN 9.25% 12/15/28                      | CREDIT ACCEPTANC REGD 144A P/P 9.25000000               | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    627000 | PA      | $655902.82    | 0.42%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTA 6.625% 03/15/30                      | CREDIT ACCEPTANC REGD 144A P/P 6.62500000               | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $284048.10    | 0.18%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| CROWN AMERICAS  5.25% 04/01/30                      | CROWN AMERICAS LLC REGD 5.25000000                      | CUSIP: 228180AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    474000 | PA      | $485420.56    | 0.31%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS 5.875% 06/01/33                      | CROWN AMERICAS LLC REGD 144A P/P 5.87500000             | CUSIP: 228180AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $200475.41    | 0.13%             | 2033-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CUSHMAN & WAKEF 6.75% 05/15/28                      | CUSHMAN & WAKEFIELD US REGD 144A P/P 6.75000000         | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    338000 | PA      | $339141.76    | 0.22%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| CUSHMAN & WAKE 8.875% 09/01/31                      | CUSHMAN & WAKEFIELD US REGD 144A P/P 8.87500000         | CUSIP: 23166MAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $402467.60    | 0.26%             | 2031-09-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| DBR LAND HOLDIN 6.25% 12/01/30                      | DBR LAND HOLDINGS LLC REGD 144A P/P 6.25000000          | CUSIP: 24024BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    710000 | PA      | $732716.45    | 0.47%             | 2030-12-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| DELEK LOG PART 8.625% 03/15/29                      | DELEK LOG PART/FINANCE REGD 144A P/P 8.62500000         | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    293000 | PA      | $306079.52    | 0.20%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| DELEK LOG PART 7.375% 06/30/33                      | DELEK LOG PART/FINANCE REGD 144A P/P 7.37500000         | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    689000 | PA      | $712534.86    | 0.46%             | 2033-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| EDGEWELL PERSO 4.125% 04/01/29                      | EDGEWELL PERSONAL CARE REGD 144A P/P 4.12500000         | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    913000 | PA      | $881752.12    | 0.57%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ENERSYS 4.375% 12/15/27                             | ENERSYS REGD 144A P/P 4.37500000                        | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    485000 | PA      | $484799.31    | 0.31%             | 2027-12-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ENERSYS 6.625% 01/15/32                             | ENERSYS REGD 144A P/P 6.62500000                        | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29959.78     | 0.02%             | 2032-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ENTEGRIS INC 5.95% 06/15/30                         | ENTEGRIS INC REGD 144A P/P 5.95000000                   | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    320000 | PA      | $326638.68    | 0.21%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| EQUIPMENTSHARE 8.625% 05/15/32                      | EQUIPMENTSHARE.COM INC REGD 144A P/P 8.62500000         | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    395000 | PA      | $422835.26    | 0.27%             | 2032-05-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM 8% 03/15/33                      | EQUIPMENTSHARE.COM INC REGD 144A P/P 8.00000000         | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    701000 | PA      | $746600.75    | 0.48%             | 2033-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| EXCELERATE ENERGY  8% 05/15/30                      | EXCELERATE ENERGY LP REGD 144A P/P 8.00000000           | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    655000 | PA      | $694444.10    | 0.45%             | 2030-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FORTESCUE TREA 4.375% 04/01/31                      | FORTESCUE TREASURY PTY L REGD 144A P/P 4.37500000       | CUSIP: 30251GBC0<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    650000 | PA      | $630341.34    | 0.41%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 5.625% 01/01/30                       | FIRSTCASH INC REGD 144A P/P 5.62500000                  | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    187000 | PA      | $186187.77    | 0.12%             | 2030-01-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 4.625% 09/01/28                       | FIRSTCASH INC REGD 144A P/P 4.62500000                  | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    432000 | PA      | $426886.50    | 0.28%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 6.875% 03/01/32                       | FIRSTCASH INC REGD 144A P/P 6.87500000                  | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     77000 | PA      | $79560.36     | 0.05%             | 2032-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| FLASH COMPUTE L 7.25% 12/31/30                      | FLASH COMPUTE LLC REGD 144A P/P 7.25000000              | CUSIP: 33853QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $90157.86     | 0.06%             | 2030-12-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FLUTTER TREASU 5.875% 06/04/31                      | FLUTTER TREASURY DAC REGD 144A P/P 5.87500000           | CUSIP: 344045AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    875000 | PA      | $875564.38    | 0.56%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| FOCUS FINANCIAL 6.75% 09/15/31                      | FOCUS FINANCIAL PARTNERS REGD 144A P/P 6.75000000       | CUSIP: 34417VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $713766.63    | 0.46%             | 2031-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GFL ENVIRONMENTA 5.5% 02/01/34                      | GFL ENVIRONMENTAL HOL REGD 144A P/P 5.50000000          | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445000 | PA      | $447167.15    | 0.29%             | 2034-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| GARDA WORLD SECU 6.5% 01/15/31                      | GARDA WORLD SECURITY REGD 144A P/P 6.50000000           | CUSIP: 36485MAQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    745000 | PA      | $765801.15    | 0.49%             | 2031-01-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GENESIS ENERGY 8.875% 04/15/30                      | GENESIS ENERGY LP/FIN REGD 8.87500000                   | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    510000 | PA      | $535351.08    | 0.35%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY  8.25% 01/15/29                      | GENESIS ENERGY LP/FIN REGD 8.25000000                   | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    349000 | PA      | $364496.65    | 0.24%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY 7.875% 05/15/32                      | GENESIS ENERGY LP/FIN REGD 7.87500000                   | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $89060.03     | 0.06%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/ 8% 05/15/33                      | GENESIS ENERGY LP/FIN REGD 8.00000000                   | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $116390.67    | 0.08%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY  6.75% 03/15/34                      | GENESIS ENERGY LP/FIN REGD 6.75000000                   | CUSIP: 37185LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $242832.64    | 0.16%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD 7.625% 07/01/29                          | GOEASY LTD REGD 144A P/P 7.62500000                     | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    297000 | PA      | $279842.34    | 0.18%             | 2029-07-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD 6.875% 05/15/30                          | GOEASY LTD REGD 144A P/P 6.87500000                     | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    470000 | PA      | $415152.13    | 0.27%             | 2030-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD 6.875% 02/15/31                          | GOEASY LTD REGD 144A P/P 6.87500000                     | CUSIP: 380355AR8<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    320000 | PA      | $276060.48    | 0.18%             | 2031-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GREYSTAR REAL E 7.75% 09/01/30                      | GREYSTAR REAL ESTATE PAR REGD 144A P/P 7.75000000       | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |    495000 | PA      | $518879.30    | 0.33%             | 2030-09-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS  13% 07/31/30                      | GRUBHUB HOLDINGS INC REGD 144A P/P 13.00000000          | CUSIP: 40010PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    795760 | PA      | $536087.84    | 0.35%             | 2030-07-31      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: —       |
| HLF FIN SARL L 4.875% 06/01/29                      | HLF FIN SARL LLC/HERBALI REGD 144A P/P 4.87500000       | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    975000 | PA      | $934745.08    | 0.60%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| HLF FIN SARL L 12.25% 04/15/29                      | HLF FIN SARL LLC/HERBALI REGD 144A P/P 12.25000000      | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $732232.81    | 0.47%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| HA SUSTAINABLE  6.75% 07/15/35                      | HA SUSTAINABLE INF CAP REGD 6.75000000                  | CUSIP: 40408AAB7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    233000 | PA      | $245663.89    | 0.16%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE IN V/R 06/01/56                      | HA SUSTAINABLE INF CAP REGD V/R 8.00000000              | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    435000 | PA      | $458398.65    | 0.30%             | 2056-06-01      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE IN V/R 11/15/56                      | HA SUSTAINABLE INF CAP REGD V/R 7.12500000              | CUSIP: 41068XAH3<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |    369000 | PA      | $372398.86    | 0.24%             | 2056-11-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREA 7.5% 09/01/28                      | HARVEST MIDSTREAM I LP REGD 144A P/P 7.50000000         | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    770000 | PA      | $779217.67    | 0.50%             | 2028-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HARVEST MIDSTREA 7.5% 05/15/32                      | HARVEST MIDSTREAM I LP REGD 144A P/P 7.50000000         | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    510000 | PA      | $529707.79    | 0.34%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HAT HOLDINGS I  3.75% 09/15/30                      | HAT HOLDINGS I LLC/HAT REGD 144A P/P 3.75000000         | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $366440.24    | 0.24%             | 2030-09-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS INC 7% 06/15/30                       | HERC HOLDINGS INC REGD 144A P/P 7.00000000              | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    219000 | PA      | $229815.48    | 0.15%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| HERC HOLDINGS I 7.25% 06/15/33                      | HERC HOLDINGS INC REGD 144A P/P 7.25000000              | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    455000 | PA      | $481286.72    | 0.31%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HERTZ CORP/THE 4.625% 12/01/26                      | HERTZ CORP/THE REGD 144A P/P 4.62500000                 | CUSIP: 428040DA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $134062.29    | 0.09%             | 2026-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: —       |
| HERTZ CORP/TH 12.625% 07/15/29                      | HERTZ CORP/THE REGD 144A P/P 12.62500000                | CUSIP: 428040DC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    161000 | PA      | $148521.05    | 0.10%             | 2029-07-15      | Fixed         | 12.62%                | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY  5.75% 02/01/29                      | HILCORP ENERGY I/HILCORP REGD 144A P/P 5.75000000       | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    342000 | PA      | $343661.09    | 0.22%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I/H 6% 02/01/31                      | HILCORP ENERGY I/HILCORP REGD 144A P/P 6.00000000       | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48754.55     | 0.03%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY  6.25% 04/15/32                      | HILCORP ENERGY I/HILCORP REGD 144A P/P 6.25000000       | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $574559.64    | 0.37%             | 2032-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY 8.375% 11/01/33                      | HILCORP ENERGY I/HILCORP REGD 144A P/P 8.37500000       | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $158366.85    | 0.10%             | 2033-11-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY  7.25% 02/15/35                      | HILCORP ENERGY I/HILCORP REGD 144A P/P 7.25000000       | CUSIP: 431318BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $173431.88    | 0.11%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HILTON GRAND V 4.875% 07/01/31                      | HILTON GRAND VAC LLC/INC REGD 144A P/P 4.87500000       | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1136000 | PA      | $1069976.36   | 0.69%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| HOWARD MIDSTRE 7.375% 07/15/32                      | HOWARD MIDSTREAM ENERGY REGD 144A P/P 7.37500000        | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $818317.85    | 0.53%             | 2032-07-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| HOWARD MIDSTRE 6.625% 01/15/34                      | HOWARD MIDSTREAM ENERGY REGD 144A P/P 6.62500000        | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $36235.75     | 0.02%             | 2034-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HUDBAY MINERAL 6.125% 04/01/29                      | HUDBAY MINERALS INC REGD 144A P/P 6.12500000            | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |    482000 | PA      | $486169.30    | 0.31%             | 2029-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ILIAD HOLDING SAS 7% 10/15/28                       | ILIAD HOLDING SAS REGD 144A P/P 7.00000000              | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    133000 | PA      | $134844.31    | 0.09%             | 2028-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ILIAD HOLDING SA 8.5% 04/15/31                      | ILIAD HOLDING SAS REGD 144A P/P 8.50000000              | CUSIP: 449691AF1<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $214398.40    | 0.14%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ILIAD HOLDING SAS 7% 04/15/32                       | ILIAD HOLDING SAS REGD 144A P/P 7.00000000              | CUSIP: 449691AG9<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |    985000 | PA      | $1012318.72   | 0.65%             | 2032-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ITT HOLDINGS LLC 6.5% 08/01/29                      | ITT HOLDINGS LLC REGD 144A P/P 6.50000000               | CUSIP: 45074JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1166683.49   | 0.75%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| IMOLA MERGER CO 4.75% 05/15/29                      | IMOLA MERGER CORP REGD 144A P/P 4.75000000              | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $688559.18    | 0.44%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERG 7.625% 04/01/32                      | CRESCENT ENERGY FINANCE REGD 144A P/P 7.62500000        | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    387000 | PA      | $391680.90    | 0.25%             | 2032-04-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| INDUSTRIAL F&B  7.75% 02/11/33                      | INDUSTRIAL F&B INV REGD 144A P/P 7.75000000             | CUSIP: 456142AA6<br>LEI: 254900VSX7CEW7CNTO51 | Long             | DBT              | CORP              | US        |    745000 | PA      | $764694.40    | 0.49%             | 2033-02-11      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| INSULET CORPORAT 6.5% 04/01/33                      | INSULET CORPORATION REGD 144A P/P 6.50000000            | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    698000 | PA      | $726418.37    | 0.47%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ION PLATFORM F 7.875% 09/30/32                      | ION PLATFORM FINANCE US REGD 144A P/P 7.87500000        | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    430000 | PA      | $344627.16    | 0.22%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ION PLAT FIN US 5.75% 05/15/28                      | ION PLAT FIN US/SARL REGD 144A P/P 5.75000000           | CUSIP: 46206AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $460103.12    | 0.30%             | 2028-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ION PLAT FIN U 4.625% 05/01/28                      | ION PLAT FIN US/SARL REGD P/P 4.62500000                | CUSIP: 46206AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $416871.90    | 0.27%             | 2028-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| IRIS HOLDING INC 10% 12/15/28                       | IRIS HOLDING INC REGD 144A P/P 10.00000000              | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |    818000 | PA      | $749821.34    | 0.48%             | 2028-12-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| JANE STREET GRP/ 4.5% 11/15/29                      | JANE STREET GRP/JSG FIN REGD 144A P/P 4.50000000        | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $195461.58    | 0.13%             | 2029-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GR 7.125% 04/30/31                      | JANE STREET GRP/JSG FIN REGD 144A P/P 7.12500000        | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $421302.87    | 0.27%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GR 6.125% 11/01/32                      | JANE STREET GRP/JSG FIN REGD 144A P/P 6.12500000        | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $442957.68    | 0.29%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GRP 6.75% 05/01/33                      | JANE STREET GRP/JSG FIN REGD 144A P/P 6.75000000        | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    123000 | PA      | $126427.03    | 0.08%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| KENNEDY-WILSON  4.75% 03/01/29                      | KENNEDY-WILSON INC REGD 4.75000000                      | CUSIP: 489399AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    788000 | PA      | $776707.01    | 0.50%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERV 7.25% 02/15/29                      | KODIAK GAS SERVICES LLC REGD 144A P/P 7.25000000        | CUSIP: 50012LAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $659039.20    | 0.42%             | 2029-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| KODIAK GAS SERVI 6.5% 10/01/33                      | KODIAK GAS SERVICES LLC REGD 144A P/P 6.50000000        | CUSIP: 50012LAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    142000 | PA      | $146512.48    | 0.09%             | 2033-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| KODIAK GAS SERV 6.75% 10/01/35                      | KODIAK GAS SERVICES LLC REGD 144A P/P 6.75000000        | CUSIP: 50012LAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    148000 | PA      | $154483.74    | 0.10%             | 2035-10-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| KOHL'S CORPORA 5.125% 05/01/31                      | KOHL'S CORPORATION REGD 5.12500000                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    380000 | PA      | $321821.76    | 0.21%             | 2031-05-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN  4.25% 02/01/27                      | LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.25000000       | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    158000 | PA      | $156990.27    | 0.10%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN  4.75% 06/15/29                      | LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.75000000       | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $109152.78    | 0.07%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN LLL 7% 07/15/31                      | LADDER CAP FIN LLLP/CORP REGD 144A P/P 7.00000000       | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    447000 | PA      | $471328.87    | 0.30%             | 2031-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LAND O LAKES CA 7.45% 03/15/28                      | LAND O LAKES CAP TRST I REGD P/P 7.45000000             | CUSIP: 514665AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    536000 | PA      | $553666.56    | 0.36%             | 2028-03-15      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| CRESCENT ENERG 7.875% 04/15/32                      | CRESCENT ENERGY FINANCE REGD 144A P/P 7.87500000        | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    735000 | PA      | $749208.29    | 0.48%             | 2032-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| LBM ACQUISITION  9.5% 06/15/31                      | LBM ACQUISITION LLC REGD 144A P/P 9.50000000            | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    375000 | PA      | $349181.62    | 0.23%             | 2031-06-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| LIGHT & WONDER  6.25% 10/01/33                      | LIGHT & WONDER INTL INC REGD 144A P/P 6.25000000        | CUSIP: 531968AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $723560.40    | 0.47%             | 2033-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| DISCOVERY HOLDI 5.05% 03/15/42                      | DISCOVERY HOLDINGS INC REGD SER * 5.05000000            | CUSIP: 55903VBW2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $514800.00    | 0.33%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HL 4.125% 08/01/30                      | MATCH GROUP HLD II LLC REGD 144A P/P 4.12500000         | CUSIP: 57665RAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    434000 | PA      | $412744.76    | 0.27%             | 2030-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HL 3.625% 10/01/31                      | MATCH GROUP HLD II LLC REGD 144A P/P 3.62500000         | CUSIP: 57667JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    149000 | PA      | $135312.98    | 0.09%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HL 6.125% 09/15/33                      | MATCH GROUP HLD II LLC REGD 144A P/P 6.12500000         | CUSIP: 57667JAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $264372.08    | 0.17%             | 2033-09-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MATTAMY GROUP  4.625% 03/01/30                      | MATTAMY GROUP CORP REGD 144A P/P 4.62500000             | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    521000 | PA      | $509111.77    | 0.33%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| MATTAMY GROUP CORP 6% 12/15/33                      | MATTAMY GROUP CORP REGD 144A P/P 6.00000000             | CUSIP: 57701RAQ5<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $591172.69    | 0.38%             | 2033-12-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWE 6.25% 04/01/29                      | MEDLINE BORROWER/MEDL CO REGD 144A P/P 6.25000000       | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    625000 | PA      | $645093.75    | 0.42%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS  5.375% 12/04/29                      | MELCO RESORTS FINANCE REGD 144A P/P 5.37500000          | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | HK        |    565000 | PA      | $552731.19    | 0.36%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| METHANEX CORP 5.25% 12/15/29                        | METHANEX CORP REGD 5.25000000                           | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |      4000 | PA      | $4036.63      | 0.00%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP 5.125% 10/15/27                       | METHANEX CORP REGD 5.12500000                           | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $215991.47    | 0.14%             | 2027-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| METHANEX US OPE 6.25% 03/15/32                      | METHANEX US OPERATIONS REGD 144A P/P 6.25000000         | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $828559.20    | 0.53%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCE 8.5% 05/01/30                      | MINERAL RESOURCES LTD REGD 144A P/P MTN 8.50000000      | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    639000 | PA      | $662056.91    | 0.43%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURC 9.25% 10/01/28                      | MINERAL RESOURCES LTD REGD 144A P/P 9.25000000          | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    398000 | PA      | $417258.56    | 0.27%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURCES  7% 04/01/31                      | MINERAL RESOURCES LTD REGD 144A P/P 7.00000000          | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    142000 | PA      | $149513.26    | 0.10%             | 2031-04-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| MINERALS TECHNOLOG 5% 07/01/28                      | MINERALS TECHNOLOGIES IN REGD 144A P/P 5.00000000       | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    557000 | PA      | $556857.97    | 0.36%             | 2028-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MOBIUS MERGER SUB 9% 06/01/30                       | MOBIUS MERGER SUB REGD 144A P/P 9.00000000              | CUSIP: 606950AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    890000 | PA      | $606915.48    | 0.39%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROW 3.875% 04/01/29                      | MEDLINE BORROWER LP REGD 144A P/P 3.87500000            | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    297000 | PA      | $292221.69    | 0.19%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| MURPHY OIL CORP 6.5% 02/15/34                       | MURPHY OIL CORP REGD 6.50000000                         | CUSIP: 626717AQ5<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    745000 | PA      | $744922.30    | 0.48%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA  4.75% 09/15/29                      | MURPHY OIL USA INC REGD 4.75000000                      | CUSIP: 626738AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $718662.05    | 0.46%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA  3.75% 02/15/31                      | MURPHY OIL USA INC REGD 144A P/P 3.75000000             | CUSIP: 626738AF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $103569.50    | 0.07%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NCR VOYIX CORP 5.125% 04/15/29                      | NCR VOYIX CORP REGD 144A P/P 5.12500000                 | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     34000 | PA      | $33362.58     | 0.02%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 7.75% 02/15/29                      | NCL CORPORATION LTD REGD 144A P/P 7.75000000            | CUSIP: 62886HBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    374000 | PA      | $399809.37    | 0.26%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 6.25% 03/01/30                      | NCL CORPORATION LTD REGD 144A P/P 6.25000000            | CUSIP: 62886HBP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $358500.80    | 0.23%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 6.25% 09/15/33                      | NCL CORPORATION LTD REGD 144A P/P 6.25000000            | CUSIP: 62886HBZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    585000 | PA      | $590852.34    | 0.38%             | 2033-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NGL ENRGY OP/F 8.125% 02/15/29                      | NGL ENRGY OP/FIN CORP REGD 144A P/P 8.12500000          | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    392000 | PA      | $406775.26    | 0.26%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| NGL ENRGY OP/F 8.375% 02/15/32                      | NGL ENRGY OP/FIN CORP REGD 144A P/P 8.37500000          | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    459000 | PA      | $481655.32    | 0.31%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 5.75% 01/15/28                       | NRG ENERGY INC REGD SER WI 5.75000000                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    174000 | PA      | $174080.89    | 0.11%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC 5.25% 06/15/29                       | NRG ENERGY INC REGD 144A P/P 5.25000000                 | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    290000 | PA      | $291247.58    | 0.19%             | 2029-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 3.625% 02/15/31                      | NRG ENERGY INC REGD 144A P/P 3.62500000                 | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    597000 | PA      | $564213.48    | 0.36%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 6.25% 11/01/34                       | NRG ENERGY INC REGD 144A P/P 6.25000000                 | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    345000 | PA      | $357463.47    | 0.23%             | 2034-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 5.75% 01/15/34                       | NRG ENERGY INC REGD 144A P/P 5.75000000                 | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    125000 | PA      | $126851.00    | 0.08%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY INC 6% 01/15/36                          | NRG ENERGY INC REGD 144A P/P 6.00000000                 | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101818.80    | 0.07%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NEPTUNE BIDCO U 9.29% 04/15/29                      | NEPTUNE BIDCO US INC REGD 144A P/P 9.29000000           | CUSIP: 640695AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1378000 | PA      | $1381612.39   | 0.89%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST OPE 4.5% 09/15/27                      | XPLR INFRAST OPERATING REGD 144A P/P 4.50000000         | CUSIP: 65342QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445000 | PA      | $443279.72    | 0.29%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST OP 7.25% 01/15/29                      | XPLR INFRAST OPERATING REGD 144A P/P 7.25000000         | CUSIP: 65342QAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    838000 | PA      | $869463.55    | 0.56%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| NORTHERN OIL & 7.875% 10/15/33                      | NORTHERN OIL & GAS INC REGD 144A P/P 7.87500000         | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    760000 | PA      | $777590.20    | 0.50%             | 2033-10-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC 6.75% 09/30/27                      | GEN DIGITAL INC REGD 144A P/P 6.75000000                | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    101000 | PA      | $101863.35    | 0.07%             | 2027-09-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL IN 7.125% 09/30/30                      | GEN DIGITAL INC REGD 144A P/P 7.12500000                | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    198000 | PA      | $201268.58    | 0.13%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC 6.25% 04/01/33                      | GEN DIGITAL INC REGD 144A P/P 6.25000000                | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    354000 | PA      | $352497.29    | 0.23%             | 2033-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NOVELIS CORP 6.375% 08/15/33                        | NOVELIS CORP REGD 144A P/P 6.37500000                   | CUSIP: 670001AN6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    714000 | PA      | $722343.80    | 0.47%             | 2033-08-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| NUSTAR LOGISTI 6.375% 10/01/30                      | NUSTAR LOGISTICS LP REGD 6.37500000                     | CUSIP: 67059TAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    238000 | PA      | $250718.48    | 0.16%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG 8% 08/01/30                      | ONT GAMING GTA/OTG CO-IS REGD 144A P/P 8.00000000       | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    795000 | PA      | $768860.00    | 0.50%             | 2030-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP 3.875% 02/15/28                      | OPEN TEXT CORP REGD 144A P/P 3.87500000                 | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $19035.73     | 0.01%             | 2028-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP 3.875% 12/01/29                      | OPEN TEXT CORP REGD 144A P/P 3.87500000                 | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    560000 | PA      | $504751.46    | 0.33%             | 2029-12-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT INC 4.125% 12/01/31                       | OPEN TEXT INC REGD 144A P/P 4.12500000                  | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $209855.57    | 0.14%             | 2031-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PANTHER ESCROW 7.125% 06/01/31                      | PANTHER ESCROW ISSUER REGD 144A P/P 7.12500000          | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    785000 | PA      | $799269.73    | 0.52%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| PARK RIVER HOLDING 8% 03/15/31                      | PARK RIVER HOLDINGS INC REGD 144A P/P 8.00000000        | CUSIP: 70082LAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    644000 | PA      | $649795.36    | 0.42%             | 2031-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| PARK RIVER HOLD 8.75% 12/31/30                      | PARK RIVER HOLDINGS INC REGD 144A P/P 8.75000000        | CUSIP: 70082LAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    283329 | PA      | $272559.21    | 0.18%             | 2030-12-31      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| PATTERN ENERGY O 4.5% 08/15/28                      | PATTERN ENERGY OP LP/PAT REGD 144A P/P 4.50000000       | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    910000 | PA      | $899889.45    | 0.58%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOO 4.25% 08/01/29                      | PERFORMANCE FOOD GROUP I REGD 144A P/P 4.25000000       | CUSIP: 71376LAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $68731.94     | 0.04%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FO 5.625% 03/01/34                      | PERFORMANCE FOOD GROUP I REGD 144A P/P 5.62500000       | CUSIP: 71376LAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    447000 | PA      | $448610.41    | 0.29%             | 2034-03-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| PERRIGO FINANC 6.125% 09/30/32                      | PERRIGO FINANCE UNLIMITE REGD SER USD 6.12500000        | CUSIP: 71429MAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    740000 | PA      | $725151.09    | 0.47%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH &  8.25% 02/01/31                      | PETCO HEALTH & WELLNESS REGD 144A P/P 8.25000000        | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |    490000 | PA      | $481593.48    | 0.31%             | 2031-02-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| PETSMART LLC/PET 7.5% 09/15/32                      | PETSMART LLC/PETSMART FI REGD 144A P/P 7.50000000       | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $253152.50    | 0.16%             | 2032-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| PETSMART LLC/PETS 10% 09/15/33                      | PETSMART LLC/PETSMART FI REGD 144A P/P 10.00000000      | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $451790.10    | 0.29%             | 2033-09-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| PHOENIX AVIATIO 9.25% 07/15/30                      | PHOENIX AVIATION CAPITAL REGD 144A P/P 9.25000000       | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |    700000 | PA      | $733956.30    | 0.47%             | 2030-07-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| PLANET FINANCIA 10.5% 12/15/29                      | PLANET FINANCIAL GROUP REGD 144A P/P 10.50000000        | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    875000 | PA      | $846051.59    | 0.55%             | 2029-12-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS I 6.25% 10/15/34                      | POST HOLDINGS INC REGD 144A P/P 6.25000000              | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    430000 | PA      | $439327.99    | 0.28%             | 2034-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| QXO BUILDING PR 6.75% 04/30/32                      | QXO BUILDING PRODUCTS REGD 144A P/P 6.75000000          | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    552000 | PA      | $572139.94    | 0.37%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| RFNA LP 7.875% 02/15/30                             | RFNA LP REGD 144A P/P 7.87500000                        | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    735000 | PA      | $731262.01    | 0.47%             | 2030-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/ 5.75% 03/15/34                      | RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 5.75000000       | CUSIP: 74984CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    504000 | PA      | $508334.90    | 0.33%             | 2034-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| RACKSPACE FINANC 3.5% 05/15/28                      | RACKSPACE FINANCE LLC REGD 144A P/P 3.50000000          | CUSIP: 75008WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1116480 | PA      | $459850.20    | 0.30%             | 2028-05-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ROGERS COMMUNICAT V/R 04/15/55                      | ROGERS COMMUNICATIONS IN REGD V/R SER NC5 7.00000000    | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    286000 | PA      | $299260.96    | 0.19%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICAT V/R 04/15/55                      | ROGERS COMMUNICATIONS IN REGD V/R 7.12500000            | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    404000 | PA      | $428206.85    | 0.28%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN 6.25% 03/15/32                      | ROYAL CARIBBEAN CRUISES REGD 144A P/P 6.25000000        | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    290000 | PA      | $302540.62    | 0.20%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CR 6% 02/01/33                      | ROYAL CARIBBEAN CRUISES REGD 144A P/P 6.00000000        | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    735000 | PA      | $760459.75    | 0.49%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SABLE INTL FIN 7.125% 10/15/32                      | SABLE INTL FINANCE LTD REGD 144A P/P 7.12500000         | CUSIP: 785712AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    535000 | PA      | $542051.30    | 0.35%             | 2032-10-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE DATA S 4.091% 06/01/29                      | SEAGATE DATA STOR REGD 144A P/P 4.09100000              | CUSIP: 81180LAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    210000 | PA      | $206132.24    | 0.13%             | 2029-06-01      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE DATA S 4.125% 01/15/31                      | SEAGATE DATA STOR REGD 144A P/P 4.12500000              | CUSIP: 81180LAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    188000 | PA      | $179198.81    | 0.12%             | 2031-01-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: —       |
| SEAWORLD PARKS  5.25% 08/15/29                      | SEAWORLD PARKS & ENTERTA REGD 144A P/P 5.25000000       | CUSIP: 81282UAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    753000 | PA      | $731291.61    | 0.47%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPER 8.375% 06/15/29                      | SERVICE PROPERTIES TRUST REGD 8.37500000                | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    180000 | PA      | $189058.86    | 0.12%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPER 8.875% 06/15/32                      | SERVICE PROPERTIES TRUST REGD 8.87500000                | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    478000 | PA      | $480168.62    | 0.31%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIE ZCP 09/30/27                      | SERVICE PROPERTIES TRUST REGD ZCP 144A P/P 0.00000000   | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     29000 | PA      | $26486.65     | 0.02%             | 2027-09-30      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS 6.75% 08/15/32                      | SHIFT4 PAYMENTS LLC/FIN REGD 144A P/P 6.75000000        | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    702000 | PA      | $687691.37    | 0.44%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| SILGAN HOLDING 4.125% 02/01/28                      | SILGAN HOLDINGS INC REGD 4.12500000                     | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    479000 | PA      | $476428.25    | 0.31%             | 2028-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADI 5.875% 04/15/32                      | SIRIUS XM RADIO LLC REGD 144A P/P 5.87500000            | CUSIP: 82966BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $194876.12    | 0.13%             | 2032-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO LL 4% 07/15/28                      | SIRIUS XM RADIO LLC REGD 144A P/P 4.00000000            | CUSIP: 82967NBJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $547046.47    | 0.35%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADI 3.875% 09/01/31                      | SIRIUS XM RADIO LLC REGD 144A P/P 3.87500000            | CUSIP: 82967NBM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    726000 | PA      | $665467.06    | 0.43%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SOTERA HEALTH  7.375% 06/01/31                      | SOTERA HEALTH HLDGS LLC REGD 144A P/P 7.37500000        | CUSIP: 83600WAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    629000 | PA      | $662632.00    | 0.43%             | 2031-06-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC 6.5% 05/15/32                             | BLOCK INC REGD 6.50000000                               | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    390000 | PA      | $401481.60    | 0.26%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC 6% 08/15/33                               | BLOCK INC REGD 144A P/P 6.00000000                      | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162711.36    | 0.10%             | 2033-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| STANDARD BUILD 5.875% 03/15/34                      | STANDARD BUILDING SOLUTI REGD 144A P/P 5.87500000       | CUSIP: 853192AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $87928.60     | 0.06%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| STANDARD INDUS 3.375% 01/15/31                      | STANDARD INDUSTRI INC/NY REGD 144A P/P 3.37500000       | CUSIP: 853496AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    615000 | PA      | $568108.77    | 0.37%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| STAR LEASING C 7.625% 02/15/30                      | STAR LEASING CO LLC REGD 144A P/P 7.62500000            | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    670000 | PA      | $638359.45    | 0.41%             | 2030-02-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| STAR PARENT INC 9% 10/01/30                         | STAR PARENT INC REGD 144A P/P 9.00000000                | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    685000 | PA      | $696097.27    | 0.45%             | 2030-10-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPER 7.25% 04/01/29                      | STARWOOD PROPERTY TRUST REGD 144A P/P 7.25000000        | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136363.37    | 0.09%             | 2029-04-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERT 6.5% 07/01/30                      | STARWOOD PROPERTY TRUST REGD 144A P/P 6.50000000        | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    680000 | PA      | $707610.04    | 0.46%             | 2030-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINO 6.625% 03/15/32                      | STATION CASINOS LLC REGD 144A P/P 6.62500000            | CUSIP: 857691AJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    802000 | PA      | $822821.52    | 0.53%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| STONEPEAK NILE  7.25% 03/15/32                      | STONEPEAK NILE PARENT REGD 144A P/P 7.25000000          | CUSIP: 861932AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    663000 | PA      | $705218.51    | 0.45%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP 7.25% 05/01/32                            | SUNOCO LP REGD 144A P/P 7.25000000                      | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    255000 | PA      | $269518.17    | 0.17%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP 5.625% 03/15/31                           | SUNOCO LP REGD 144A P/P 5.62500000                      | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95503.22     | 0.06%             | 2031-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP 5.875% 03/15/34                           | SUNOCO LP REGD 144A P/P 5.87500000                      | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    845000 | PA      | $847481.77    | 0.55%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| TTM TECHNOLOGIES I 4% 03/01/29                      | TTM TECHNOLOGIES INC REGD 144A P/P 4.00000000           | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    730000 | PA      | $708890.52    | 0.46%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TALEN ENERGY SU 6.25% 02/01/34                      | TALEN ENERGY SUPPLY LLC REGD 144A P/P 6.25000000        | CUSIP: 87422VAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $381832.13    | 0.25%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TALEN ENERGY SUP 6.5% 02/01/36                      | TALEN ENERGY SUPPLY LLC REGD 144A P/P 6.50000000        | CUSIP: 87422VAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $386002.80    | 0.25%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TALOS PRODUCTI 9.375% 02/01/31                      | TALOS PRODUCTION INC REGD 144A P/P 9.37500000           | CUSIP: 87485LAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    629000 | PA      | $669713.86    | 0.43%             | 2031-02-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| TEGNA INC 4.625% 03/15/28                           | TEGNA INC REGD 4.62500000                               | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129697.31    | 0.08%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE C 6% 11/15/33                      | TENET HEALTHCARE CORP REGD 144A P/P 6.00000000          | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    405000 | PA      | $418783.37    | 0.27%             | 2033-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE 5.5% 11/15/32                      | TENET HEALTHCARE CORP REGD 144A P/P 5.50000000          | CUSIP: 88033GDW7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1016000 | PA      | $1029317.73   | 0.66%             | 2032-11-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEU 8.125% 09/15/31                      | TEVA PHARMACEUTICALS NE REGD SER . 8.12500000           | CUSIP: 88167AAR2<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    270000 | PA      | $310231.62    | 0.20%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICA 6% 12/01/32                      | TEVA PHARMACEUTICALS NE REGD 6.00000000                 | CUSIP: 88167AAT8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    325000 | PA      | $345118.15    | 0.22%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN  5.75% 12/01/30                      | TEVA PHARM FIN IV REGD 5.75000000                       | CUSIP: 881937AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    200000 | PA      | $207642.20    | 0.13%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE G 6.5% 03/31/29                      | CLOUD SOFTWARE GRP INC REGD 144A P/P 6.50000000         | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $348623.53    | 0.22%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISURE 4.5% 12/01/29                      | TRAVEL + LEISURE CO REGD 144A P/P 4.50000000            | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490092.85    | 0.32%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISU 6.125% 09/01/33                      | TRAVEL + LEISURE CO REGD 144A P/P 6.12500000            | CUSIP: 894164AC6<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    590000 | PA      | $600128.53    | 0.39%             | 2033-09-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SUNRISE FINCO  4.875% 07/15/31                      | SUNRISE FINCO I BV REGD 144A P/P 4.87500000             | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    952000 | PA      | $916547.52    | 0.59%             | 2031-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIRLINE 4.625% 04/15/29                      | UNITED AIRLINES INC REGD 144A P/P 4.62500000            | CUSIP: 90932LAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    451000 | PA      | $450959.50    | 0.29%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIRLINE 5.375% 03/01/31                      | UNITED AIRLINES HOLDINGS REGD 5.37500000                | CUSIP: 910047AL3<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |    141000 | PA      | $143727.22    | 0.09%             | 2031-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMM 7.375% 06/30/30                      | UNIVISION COMMUNICATIONS REGD 144A P/P 7.37500000       | CUSIP: 914906AX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $112092.30    | 0.07%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUN 8.5% 07/31/31                      | UNIVISION COMMUNICATIONS REGD 144A P/P 8.50000000       | CUSIP: 914906AZ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $732277.26    | 0.47%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMM 9.375% 08/01/32                      | UNIVISION COMMUNICATIONS REGD 144A P/P 9.37500000       | CUSIP: 914906BA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    705000 | PA      | $746133.93    | 0.48%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| VFH PARENT / VAL 7.5% 06/15/31                      | VFH PARENT / VALOR CO REGD 144A P/P 7.50000000          | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    710000 | PA      | $740522.90    | 0.48%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VM CONSOLIDATED  5.5% 04/15/29                      | VM CONSOLIDATED INC REGD 144A P/P 5.50000000            | CUSIP: 91835HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    909000 | PA      | $892166.77    | 0.58%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VALARIS LTD 8.375% 04/30/30                         | VALARIS LTD REGD 144A P/P 8.37500000                    | CUSIP: 91889FAC5<br>LEI: 5299008BQ9IREYWBTS30 | Long             | DBT              | CORP              | US        |    741000 | PA      | $777471.57    | 0.50%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL P 7.5% 05/01/33                      | VENTURE GLOBAL PLAQUE REGD 144A P/P 7.50000000          | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     97000 | PA      | $107641.19    | 0.07%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL  7.75% 05/01/35                      | VENTURE GLOBAL PLAQUE REGD 144A P/P 7.75000000          | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    558000 | PA      | $633183.41    | 0.41%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL 6.125% 12/15/30                      | VENTURE GLOBAL PLAQUE REGD 144A P/P 6.12500000          | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46778.63     | 0.03%             | 2030-12-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL P 6.5% 06/15/34                      | VENTURE GLOBAL PLAQUE REGD 144A P/P 6.50000000          | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    225000 | PA      | $236338.93    | 0.15%             | 2034-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL 8.375% 06/01/31                      | VENTURE GLOBAL LNG INC REGD 144A P/P 8.37500000         | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1517000 | PA      | $1555007.42   | 1.00%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: —       |
| VERITIV OPERATI 10.5% 11/30/30                      | VERITIV OPERATING CO REGD 144A P/P 10.50000000          | CUSIP: 92339LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $706964.94    | 0.46%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| VIASAT INC 7.5% 05/30/31                            | VIASAT INC REGD 144A P/P 7.50000000                     | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    564000 | PA      | $557497.36    | 0.36%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| PARAMOUNT GLOBAL V/R 02/28/57                       | PARAMOUNT GLOBAL REGD V/R 6.25000000                    | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    619000 | PA      | $484553.20    | 0.31%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL V/R 03/30/62                       | PARAMOUNT GLOBAL REGD V/R 6.37500000                    | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    222000 | PA      | $175380.00    | 0.11%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINAN 5% 07/15/30                      | VIRGIN MEDIA FINANCE PLC REGD 144A P/P 5.00000000       | CUSIP: 92769VAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    168000 | PA      | $139915.61    | 0.09%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATIO 7.75% 10/15/31                      | VISTRA OPERATIONS CO LLC REGD 144A P/P 7.75000000       | CUSIP: 92840VAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $179739.64    | 0.12%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| VISTRA OPERATI 6.875% 04/15/32                      | VISTRA OPERATIONS CO LLC REGD 144A P/P 6.87500000       | CUSIP: 92840VAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    770000 | PA      | $810456.57    | 0.52%             | 2032-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINA 7.75% 04/15/32                      | VMED O2 UK FINANCING I REGD 144A P/P 7.75000000         | CUSIP: 92858RAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    270000 | PA      | $270261.95    | 0.17%             | 2032-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| VOYAGER PARENT  9.25% 07/01/32                      | VOYAGER PARENT LLC REGD 144A P/P 9.25000000             | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    990000 | PA      | $1057749.66   | 0.68%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| WBI OPERATING L 6.25% 10/15/30                      | WBI OPERATING LLC REGD 144A P/P 6.25000000              | CUSIP: 92944BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $412992.68    | 0.27%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| WBI OPERATING LL 6.5% 10/15/33                      | WBI OPERATING LLC REGD 144A P/P 6.50000000              | CUSIP: 92944BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $289795.13    | 0.19%             | 2033-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WALKER & DUNLO 6.625% 04/01/33                      | WALKER & DUNLOP INC REGD 144A P/P 6.62500000            | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $629434.03    | 0.41%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| WARRIOR MET CO 7.875% 12/01/28                      | WARRIOR MET COAL INC REGD 144A P/P 7.87500000           | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |    152000 | PA      | $155176.80    | 0.10%             | 2028-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| WAYFAIR LLC 6.75% 11/15/32                          | WAYFAIR LLC REGD 144A P/P 6.75000000                    | CUSIP: 94419NAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $729286.42    | 0.47%             | 2032-11-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBU 6.375% 03/15/33                      | WESCO DISTRIBUTION INC REGD 144A P/P 6.37500000         | CUSIP: 95081QAS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    504000 | PA      | $527245.71    | 0.34%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| WEX INC 6.5% 03/15/33                               | WEX INC REGD 144A P/P 6.50000000                        | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    874000 | PA      | $878807.66    | 0.57%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WILDFIRE INTERME 7.5% 10/15/29                      | WILDFIRE INTERMEDIATE HO REGD 144A P/P 7.50000000       | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |    582000 | PA      | $597658.71    | 0.39%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST OP 7.75% 04/15/34                      | XPLR INFRAST OPERATING REGD 144A P/P 7.75000000         | CUSIP: 98379YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    331000 | PA      | $343411.51    | 0.22%             | 2034-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST O 8.375% 01/15/31                      | XPLR INFRAST OPERATING REGD 144A P/P 8.37500000         | CUSIP: 98380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    127000 | PA      | $134548.25    | 0.09%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| ZF NA CAPITAL 6.875% 04/23/32                       | ZF NA CAPITAL REGD 144A P/P 6.87500000                  | CUSIP: 98877DAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $451767.15    | 0.29%             | 2032-04-23      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOLD 9.25% 03/09/30                      | ZAYO GROUP HOLDINGS INC REGD P/P 9.25000000             | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    129502 | PA      | $126230.78    | 0.08%             | 2030-03-09      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOL 13.75% 09/09/30                      | ZAYO GROUP HOLDINGS INC REGD P/P 13.75000000            | CUSIP: 98919VAD7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    755436 | PA      | $684613.88    | 0.44%             | 2030-09-09      | Fixed         | 13.75%                | Yes           |                  2 | On Loan: No      |
| Invesco                                             | Invesco Government & Agency Portfolio                   | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4562496 | OU      | $4562495.79   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| T/L ARCTIC CANADIAN DIAMOND COMPANY LTD 0% 12/31/27 | T/L ARCTIC CANADIAN DIAMOND COMPANY LTD REGD 0.00000000 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |    378583 | PA      | $0.00         | 0.00%             | 2027-12-31      | Variable      | 4.26%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Morgan Stanley Pathway Funds

**Signature:** James F. Kirchner

**Name of Signer:** James F. Kirchner

**Title:** Chief Financial Officer