# EDGAR Filing Document

**Accession Number:** 0001285650
**File Stem:** 0001145549-23-021667
**Filing Date:** 2023-3
**Character Count:** 358468
**Document Hash:** c04cbe510d4cf7b5c23add1a228c86e3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-021667.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001145549-23-021667

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CALAMOS GLOBAL TOTAL RETURN FUND
- **CENTRAL INDEX KEY:** 0001285650
- **IRS NUMBER:** 203377281
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21547
- **FILM NUMBER:** 23786960

**BUSINESS ADDRESS:**
- **STREET 1:** 2020 CALAMOS COURT
- **STREET 2:** C/O CALAMOS ADVISORS LLC
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563
- **BUSINESS PHONE:** 6302451046

**MAIL ADDRESS:**
- **STREET 1:** 2020 CALAMOS COURT
- **STREET 2:** C/O CALAMOS ADVISORS LLC
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563

## Nport-Ex

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| **CORPORATE BONDS (14.1%)** | **CORPORATE BONDS (14.1%)** |  |
|  | ***Airlines (0.3%)*** |  |
| 65858 | &nbsp;&nbsp;&nbsp;&nbsp; Air Canada Pass Through Trust |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-1, Class B\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/15/24 | $65602 |
| 9833 | &nbsp;&nbsp;&nbsp;&nbsp; Air Canada Pass Through Trust |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Series 2015-2, Class B\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 06/15/25 | 9586 |
| 46377 | &nbsp;&nbsp;&nbsp;&nbsp; Alaska Airlines Pass Through |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Trust Series 2020-1, Class A\*µ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.800%, 02/15/29 | 45276 |
| 29870 | &nbsp;&nbsp;&nbsp;&nbsp; Alaska Airlines Pass Through |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Trust Series 2020-1, Class B\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 02/15/27 | 30468 |
| 47926 | &nbsp;&nbsp;&nbsp;&nbsp; British Airways Pass Through |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Trust Series 2021-1, Class B\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.900%, 03/15/33 | 40979 |
| 31653 | &nbsp;&nbsp;&nbsp;&nbsp; JetBlue Pass Through Trust |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-1, Class B |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 05/15/30 | 31246 |
| 63800 | &nbsp;&nbsp;&nbsp;&nbsp; Spirit Loyalty Cayman, Ltd. / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Spirit IP Cayman, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 09/20/25 | 65219 |
| 20740 | &nbsp;&nbsp;&nbsp;&nbsp; United Airlines Pass Through |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Trust Series 2019-2, Class B |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/01/29 | 18632 |
|  |  | 307008 |
|  | ***Communication Services (1.3%)*** |  |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; APi Group DE, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/15/29 | 49661 |
| 75000 | &nbsp;&nbsp;&nbsp;&nbsp; Arrow Bidco, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 03/15/24 | 75428 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Audacy Capital Corp.\* |  |
| 57000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 03/31/29 | 10243 |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 05/01/27 | 4701 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; Beasley Mezzanine Holdings, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 02/01/26 | 21582 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; Cincinnati Bell Telephone |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Company, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.300%, 12/01/28 | 27025 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; CMG Media Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 12/15/27 | 7837 |
| 70000 | &nbsp;&nbsp;&nbsp;&nbsp; Consolidated Communications, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/01/28 | 57225 |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp; CSC Holdings, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/27 | 176310 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Diamond Sports Group, LLC / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Diamond Sports Finance |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Company\* |  |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 08/15/27 | 944 |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 08/15/26 | 1996 |
| 56000 | &nbsp;&nbsp;&nbsp;&nbsp; Directv Financing, LLC / Directv |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Financing Co-Obligor, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 08/15/27 | 50812 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; Embarq Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.995%, 06/01/36 | 15944 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; Frontier California, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 05/15/27 | 42656 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Frontier Communications |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Holdings, LLC\* |  |
| 28000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 05/01/28 | $25434 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 05/15/30 | 11404 |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; Frontier Florida, LLC@ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.860%, 02/01/28 | 60466 |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; Frontier North, Inc.@ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.730%, 02/15/28 | 60191 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Go Daddy Operating Company, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; LLC / GD Finance Company, Inc.\* |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/29 | 34650 |
| 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/01/27 | 12606 |
| 15000 | &nbsp;&nbsp;&nbsp;&nbsp; Hughes Satellite Systems Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 08/01/26 | 14645 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Intelsat Jackson Holdings, SA\*@& |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 07/15/25 |  |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/01/23 |  |
| 35044 | &nbsp;&nbsp;&nbsp;&nbsp; Ligado Networks, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 15.500%, 11/01/23 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 15.500% PIK rate | 12271 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. |  |
| 63000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.600%, 09/15/39 | 42648 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 01/15/29\* | 15479 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; Match Group Holdings II, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/01/31 | 17677 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Netflix, Inc. |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/15/30\* | 39650 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 04/15/28 | 25006 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; Paramount Global‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 03/30/62 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 4.00% | 19165 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Scripps Escrow II, Inc.\* |  |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 01/15/29 | 19330 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 01/15/31 | 8884 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; Scripps Escrow, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/15/27 | 35755 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Sirius XM Radio, Inc.\* |  |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/01/29 | 61070 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/15/28 | 29380 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 09/01/26 | 18053 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/01/31 | 9062 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; Spanish Broadcasting System, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 03/01/26 | 11825 |
| 110000 | &nbsp;&nbsp;&nbsp;&nbsp; Sprint, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/15/24 | 112534 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Stagwell Global, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 08/15/29 | 30714 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Telecom Italia Capital, SA |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 09/30/34 | 28127 |
| 42000 | &nbsp;&nbsp;&nbsp;&nbsp; Telesat Canada / Telesat, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/01/27 | 19330 |
| 15000 | &nbsp;&nbsp;&nbsp;&nbsp; Time Warner Cable, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.300%, 07/01/38 | 16131 |
| 75000 | &nbsp;&nbsp;&nbsp;&nbsp; United States Cellular Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 12/15/33 | 69803 |
|  |  | 1403654 |
|  | ***Consumer Discretionary (2.4%)*** |  |
| 53000 | &nbsp;&nbsp;&nbsp;&nbsp; Abercrombie & Fitch Management |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Company\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 07/15/25 | 53597 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc.^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 07/01/28 | $41969 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Ashton Woods USA, LLC / Ashton |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Woods Finance Company\* |  |
| 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 01/15/28 | 35701 |
| 38000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 08/01/29 | 31754 |
| 53000 | &nbsp;&nbsp;&nbsp;&nbsp; At Home Group, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 07/15/28 | 38768 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Bath & Body Works, Inc. |  |
| 57000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.694%, 01/15/27 | 57461 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/01/35 | 50761 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.\* |  |
| 28000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/15/29^ | 23942 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.125%, 07/01/27^ | 21333 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 07/01/25 | 20935 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Carnival Corp.\* |  |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 02/01/26 | 21989 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 03/01/26^ | 10022 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Carriage Services, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 05/15/29 | 41185 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; Carvana Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/01/29 | 13401 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; CCO Holdings, LLC / CCO |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Holdings Capital Corp.\* |  |
| 155000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 05/01/27 | 147854 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 09/01/29 | 48294 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 03/01/30 | 43766 |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 02/01/31 | 38353 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/30 | 21391 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/01/32 | 18718 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/01/28 | 18680 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; CDI Escrow Issuer, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/01/30 | 20877 |
| 39000 | &nbsp;&nbsp;&nbsp;&nbsp; Cedar Fair, LP^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 07/15/29 | 35955 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Dana, Inc. |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 09/01/30 | 34035 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/32 | 18565 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; DISH DBS Corp. |  |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 12/01/26\* | 43117 |
| 41000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 07/01/26 | 33316 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 07/01/28 | 21604 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 06/01/29 | 12751 |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; DISH Network Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 11.750%, 11/15/27 | 47752 |
| 47000 | &nbsp;&nbsp;&nbsp;&nbsp; Everi Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/29 | 42564 |
| 90000 | &nbsp;&nbsp;&nbsp;&nbsp; Ford Motor Company |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.100%, 08/19/32 | 88409 |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp; Ford Motor Credit Company, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 2.900%, 02/16/28 | 173092 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Gap, Inc.\* |  |
| 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/01/31 | 12000 |
| 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/01/29 | 1539 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; goeasy, Ltd.\* |  |
| 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 12/01/24 | 71971 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 05/01/26 | 35933 |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Company^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 07/15/29 | 45900 |
| 19000 | &nbsp;&nbsp;&nbsp;&nbsp; Group 1 Automotive, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 08/15/28 | 16718 |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; Guitar Center, Inc.\*^& |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 01/15/26 | 56863 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; Liberty Interactive, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/01/30 | 21252 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Life Time, Inc.\* |  |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/26 | $48392 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/15/26^ | 32097 |
| 28000 | &nbsp;&nbsp;&nbsp;&nbsp; Lindblad Expeditions, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/27 | 27457 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; M/I Homes, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 02/15/30 | 25274 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Macy's Retail Holdings, LLC |  |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.700%, 07/15/34\* | 38909 |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 03/15/30\* | 24732 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.300%, 02/15/43 | 15526 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; Midwest Gaming Borrower, LLC / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Midwest Gaming Finance Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 05/01/29 | 48700 |
| 58000 | &nbsp;&nbsp;&nbsp;&nbsp; Mohegan Tribal Gaming Authority\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 02/01/26 | 55006 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Newell Brands, Inc. |  |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 09/15/27 | 10066 |
| 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 09/15/29^ | 6089 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Nordstrom, Inc. |  |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/01/31 | 17319 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/15/44 | 13479 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Penn Entertainment, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/01/29 | 41491 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; Premier Entertainment Sub, LLC / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Premier Entertainment Finance |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 09/01/29 | 43722 |
| 111000 | &nbsp;&nbsp;&nbsp;&nbsp; Rite Aid Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/26 | 62023 |
| 63000 | &nbsp;&nbsp;&nbsp;&nbsp; Simmons Foods, Inc. / Simmons |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Prepared Foods, Inc. / Simmons |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Pet Food, Inc. / Simmons Feed\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/01/29 | 53512 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/29 | 41620 |
| 36000 | &nbsp;&nbsp;&nbsp;&nbsp; Speedway Motorsports, LLC / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Speedway Funding II, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 11/01/27 | 33818 |
| 90000 | &nbsp;&nbsp;&nbsp;&nbsp; Station Casinos, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/28 | 81101 |
| 31000 | &nbsp;&nbsp;&nbsp;&nbsp; Taylor Morrison Communities, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/28 | 30107 |
| 13000 | &nbsp;&nbsp;&nbsp;&nbsp; Viking Cruises, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 13.000%, 05/15/25 | 13797 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Vista Outdoor, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 03/15/29 | 40540 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; Williams Scotsman International, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 08/15/28 | 10202 |
|  |  | 2449066 |
|  | ***Consumer Staples (0.6%)*** |  |
| 51000 | &nbsp;&nbsp;&nbsp;&nbsp; Central Garden & Pet Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/30/31 | 42848 |
| 53000 | &nbsp;&nbsp;&nbsp;&nbsp; Edgewell Personal Care |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/01/29 | 46218 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings, Inc.\* |  |
| 59000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/31/29 | 51227 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 12/31/27 | 9776 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
|  | &nbsp;&nbsp;&nbsp;&nbsp; JBS USA LUX, SA / JBS USA |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Food Company / JBS USA |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Finance, Inc.\* |  |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/30 | $63207 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/01/28 | 49048 |
| 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/01/33 | 14775 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; New Albertsons, LP |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 06/15/26 | 33611 |
| 43000 | &nbsp;&nbsp;&nbsp;&nbsp; Performance Food Group, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 08/01/29 | 38423 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp.\* |  |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 09/30/27 | 44682 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 04/15/31 | 30383 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; Post Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 03/01/27 | 20724 |
| 42000 | &nbsp;&nbsp;&nbsp;&nbsp; Prestige Brands, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 04/01/31 | 35683 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; United Natural Foods, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/28 | 48328 |
| 70000 | &nbsp;&nbsp;&nbsp;&nbsp; Vector Group, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 02/01/29 | 61162 |
|  |  | 590095 |
|  | ***Energy (1.7%)*** |  |
| 44000 | &nbsp;&nbsp;&nbsp;&nbsp; Antero Resources Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/01/30 | 41075 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; Apache Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.100%, 09/01/40 | 39319 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Buckeye Partners, LP |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 12/01/26 | 36747 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 11/15/43 | 19235 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; Callon Petroleum Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/15/30 | 58120 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/15/28 | 21937 |
| 32000 | &nbsp;&nbsp;&nbsp;&nbsp; Chesapeake Energy Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 04/15/29 | 31604 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Continental Resources, Inc.\* |  |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 04/01/32 | 27480 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/15/31 | 24571 |
| 80000 | &nbsp;&nbsp;&nbsp;&nbsp; DCP Midstream Operating, LP\*‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.850%, 05/21/43 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 3.85% | 79242 |
| 349 | &nbsp;&nbsp;&nbsp;&nbsp; Diamond Foreign Asset Company |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; / Diamond Finance, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 04/22/27 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 13.000% PIK rate | 338 |
| 32000 | &nbsp;&nbsp;&nbsp;&nbsp; DT Midstream, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 06/15/29 | 28261 |
| 64000 | &nbsp;&nbsp;&nbsp;&nbsp; Earthstone Energy Holdings, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 04/15/27 | 62497 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Enbridge, Inc.‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 01/15/83 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 3.71% | 25040 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Energy Transfer, LP‡ |  |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.831%, 11/01/66 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 3.02% | 52679 |
| 32000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 11/15/26 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 5.69% | 30198 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; EnLink Midstream Partners, LP |  |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.879%, 03/03/23‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 4.11% | 50510 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.850%, 07/15/26 | 48638 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Enlink Midstream, LLC\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/01/30 | 25514 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; EQM Midstream Partners, LP\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 06/01/27 | $50189 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Genesis Energy, LP / Genesis |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Energy Finance Corp. |  |
| 43000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 05/15/26^ | 41264 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 04/15/30 | 11186 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Gulfport Energy Corp. |  |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 05/15/25@& |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/17/26\* | 29806 |
| 13752 | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 05/17/26 | 13663 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Hilcorp Energy I, LP / Hilcorp |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Finance Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 04/15/30 | 46860 |
| 32000 | &nbsp;&nbsp;&nbsp;&nbsp; Howard Midstream Energy |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Partners, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/27 | 31242 |
| 44000 | &nbsp;&nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Operating, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; LLC / Magnolia Oil & Gas Finance Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/01/26 | 42625 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Moss Creek Resources Holdings, Inc.\* |  |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 10.500%, 05/15/27 | 24312 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 01/15/26 | 23118 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; MPLX, LP‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 02/15/23 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 4.65% | 40026 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Nabors Industries, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 05/15/27 | 25052 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; New Fortress Energy, Inc.\* |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/15/25 | 38423 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/30/26 | 20332 |
| 69000 | &nbsp;&nbsp;&nbsp;&nbsp; Par Petroleum, LLC / Par |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Petroleum Finance Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 12/15/25 | 68174 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; Parkland Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 07/15/27 | 43266 |
| 43000 | &nbsp;&nbsp;&nbsp;&nbsp; Patterson-UTI Energy, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.150%, 11/15/29 | 40173 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Plains All American Pipeline, LP‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.716%, 03/03/23 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 4.11% | 45244 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; Rockcliff Energy II, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/29 | 38137 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Southwestern Energy Company |  |
| 32000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 03/15/30 | 29844 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/01/32 | 18527 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 02/01/29 | 18814 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; Sunoco, LP / Sunoco Finance Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/30/30 | 9818 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; Transocean, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 02/15/30 | 23767 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass, LLC\* |  |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/15/31 | 8888 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 08/15/29 | 8930 |
| 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 01/15/30 | 5099 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Vital Energy, Inc. |  |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 10.125%, 01/15/28^ | 51863 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; 9.500%, 01/15/25 | 23229 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; VOC Escrow, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/28 | 39675 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; W&T Offshore, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 11/01/23 | 40036 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Weatherford International, Ltd.\* |  |
| 47000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 09/15/28 | 46843 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 04/30/30 | $30276 |
|  |  | 1731706 |
|  | ***Financials (2.5%)*** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Acrisure, LLC / Acrisure Finance, Inc.\* |  |
| 64000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 08/01/29 | 52882 |
| 56000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 11/15/25 | 53387 |
| 67000 | &nbsp;&nbsp;&nbsp;&nbsp; Aethon United BR, LP / Aethon |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; United Finance Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 02/15/26 | 66738 |
| 73000 | &nbsp;&nbsp;&nbsp;&nbsp; AG Issuer, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/01/28 | 69080 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate, LLC |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; / Alliant Holdings Co-Issuer\* |  |
| 110000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/27 | 103091 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/01/29 | 8726 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/27 | 9183 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Ally Financial, Inc. |  |
| 49000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/15/26‡<br> 5 year CMT + 3.87% | 40366 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/01/31 | 38463 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.700%, 05/15/28‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7 year CMT + 3.48% | 15425 |
| 86000 | &nbsp;&nbsp;&nbsp;&nbsp; AmWINS Group, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 06/30/29 | 75892 |
| 85000 | &nbsp;&nbsp;&nbsp;&nbsp; AssuredPartners, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 08/15/25 | 84012 |
| 48000 | &nbsp;&nbsp;&nbsp;&nbsp; Aviation Capital Group, LLC\*µ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 11/01/27 | 43124 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Avolon Holdings Funding, Ltd.\*µ |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 07/01/24 | 29115 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 01/15/26 | 19605 |
| 88000 | &nbsp;&nbsp;&nbsp;&nbsp; BroadStreet Partners, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 04/15/29 | 77791 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Brookfield Property REIT, Inc. / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; BPR Cumulus, LLC / BPR |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Nimbus, LLC / GGSI Sellco, LLC\* |  |
| 85000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 04/01/27 | 75061 |
| 56000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 05/15/26 | 52827 |
| 48000 | &nbsp;&nbsp;&nbsp;&nbsp; Castlelake Aviation Finance DAC\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/15/27 | 43969 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Credit Acceptance Corp. |  |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 03/15/26^ | 59513 |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 12/31/24\* | 48945 |
| 58000 | &nbsp;&nbsp;&nbsp;&nbsp; Enact Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 08/15/25 | 57220 |
| 64000 | &nbsp;&nbsp;&nbsp;&nbsp; Global Net Lease, Inc. / Global |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Net Lease Operating Partnership, LP\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 12/15/27 | 54099 |
| 84000 | &nbsp;&nbsp;&nbsp;&nbsp; Greystar Real Estate Partners, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 12/01/25 | 83015 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; HUB International, Ltd.\* |  |
| 67000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 05/01/26 | 66735 |
| 66000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 12/01/29 | 59457 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Icahn Enterprises, LP / Icahn<br> Enterprises Finance Corp. |  |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/27 | 37481 |
| 31000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 02/01/29 | 27047 |
| 100000 | &nbsp;&nbsp;&nbsp;&nbsp; ILFC E-Capital Trust II\*‡<br> 6.538%, 12/21/65<br> 3 mo. USD LIBOR + 1.80% | 67521 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 90000 | &nbsp;&nbsp;&nbsp;&nbsp; Iron Mountain, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 03/15/28 | $85669 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; LLLP / Ladder Capital Finance Corp.\* |  |
| 88000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/01/25 | 84789 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 06/15/29 | 18304 |
| 63000 | &nbsp;&nbsp;&nbsp;&nbsp; LD Holdings Group, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/28 | 41147 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Level 3 Financing, Inc.\* |  |
| 82000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 11/15/29 | 66553 |
| 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 07/01/28 | 35700 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; LPL Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/15/29 | 26865 |
| 100000 | &nbsp;&nbsp;&nbsp;&nbsp; MetLife, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.400%, 12/15/66 | 102522 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 08/15/28 | 52486 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Navient Corp. |  |
| 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/15/27 | 86848 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 03/15/28 | 44297 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Necessity Retail REIT, Inc. / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; American Finance Operating |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Partner, LP\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 09/30/28 | 38462 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; OneMain Finance Corp. |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/15/28 | 25308 |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 03/15/26 | 26878 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; Park Intermediate Holdings, LLC / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; PK Domestic Property, LLC / PK |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Finance Co-Issuer\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 10/01/28 | 21303 |
| 73000 | &nbsp;&nbsp;&nbsp;&nbsp; PHH Mortgage Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 03/15/26 | 66831 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc.µ‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 05/15/27 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 3.00% | 9935 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; RHP Hotel Properties, LP / RHP |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Finance Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/15/29 | 44750 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Rocket Mortgage, LLC / Rocket<br> Mortgage Co-Issuer, Inc.\* |  |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/01/31 | 16325 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/01/29 | 16900 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 10/15/26 | 8930 |
| 43000 | &nbsp;&nbsp;&nbsp;&nbsp; StoneX Group, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 06/15/25 | 43610 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; SVB Financial Group‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 05/15/26 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 3.20% | 8044 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; United Wholesale Mortgage, LLC\* |  |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/15/29 | 44791 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 06/15/27 | 18029 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Uniti Group, LP / Uniti Group |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Finance, Inc. / CSL Capital, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 02/15/29 | 17312 |
| 47000 | &nbsp;&nbsp;&nbsp;&nbsp; XHR, LP\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 08/15/25 | 46642 |
|  |  | 2619000 |
|  | ***Health Care (1.3%)*** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Bausch Health Companies, Inc.\* |  |
| 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 09/30/28 | 74636 |
| 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 14.000%, 10/15/30 | 10334 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 02/01/27 | $10929 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; CHS/Community Health Systems, Inc.\* |  |
| 88000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 04/01/30 | 53467 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 03/15/26 | 58337 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 04/15/29 | 15835 |
| 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 05/15/30 | 4038 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; DaVita, Inc.\* |  |
| 89000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 06/01/30 | 75038 |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/31 | 40490 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Embecta Corp.\* |  |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/30 | 27211 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 02/15/30 | 9922 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Encompass Health Corp. |  |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/01/30 | 18357 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 02/01/28 | 18691 |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; HCA, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 11/06/33 | 57691 |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp; Jazz Securities DAC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 01/15/29 | 183066 |
| 18000 | &nbsp;&nbsp;&nbsp;&nbsp; Mallinckrodt International Finance, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; SA / Mallinckrodt CB, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 10.000%, 06/15/29 | 10350 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Medline Borrower, LP\* |  |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 04/01/29 | 47108 |
| 53000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/01/29^ | 44546 |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp; Organon & Company / Organon |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Foreign Debt Co-Issuer, BV\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/30/31 | 180382 |
| 62000 | &nbsp;&nbsp;&nbsp;&nbsp; Team Health Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 02/01/25 | 41435 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. |  |
| 120000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 02/01/27 | 117714 |
| 70000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/15/31 | 64886 |
| 190000 | &nbsp;&nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Netherlands III, BV |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.150%, 10/01/26 | 170569 |
|  |  | 1335032 |
|  | ***Industrials (2.3%)*** |  |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; ACCO Brands Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/29 | 43292 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Air Lease Corp.‡ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/15/26 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 3.15% | 38888 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Albertsons Companies, Inc. / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Safeway, Inc. / New Albertsons, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; LP / Albertsons, LLC\* |  |
| 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 01/15/27 | 71365 |
| 48000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/15/29 | 41432 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 02/15/28 | 29359 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Allegiant Travel Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 08/15/27 | 49083 |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; American Airlines Group, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 03/01/25 | 9358 |
| 52525 | &nbsp;&nbsp;&nbsp;&nbsp; American Airlines Pass Through |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Trust Series 2021-1, Class B |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.950%, 01/11/32 | 44547 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; American Airlines, Inc. / |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; AAdvantage Loyalty IP, Ltd.\* |  |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 04/20/26 | 32390 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 04/20/29 | 10659 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Arcosa, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 04/15/29 | 22354 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 200000 | &nbsp;&nbsp;&nbsp;&nbsp; ARD Finance, SA\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 06/30/27 |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.250% PIK rate | $157166 |
| 15000 | &nbsp;&nbsp;&nbsp;&nbsp; Ball Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 03/15/28 | 15496 |
| 34000 | &nbsp;&nbsp;&nbsp;&nbsp; Beacon Roofing Supply, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 05/15/29 | 29318 |
| 44000 | &nbsp;&nbsp;&nbsp;&nbsp; BWX Technologies, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 04/15/29 | 39821 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Cascades, Inc. / Cascades USA, Inc.\* |  |
| 26000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 01/15/28 | 24276 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 01/15/26 | 18727 |
| 12000 | &nbsp;&nbsp;&nbsp;&nbsp; Delta Air Lines, Inc.^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 01/15/26 | 12567 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. / SkyMiles IP, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 10/20/28 | 10703 |
| 58000 | &nbsp;&nbsp;&nbsp;&nbsp; Deluxe Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 06/01/29 | 49734 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; Dun & Bradstreet Corp.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/15/29 | 19649 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; Eco Material Technologies, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 01/31/27 | 31812 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; Endurance International Group |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 02/15/29 | 39945 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; EnerSys\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 12/15/27 | 23120 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Fly Leasing, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/15/24 | 30522 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Graham Packaging Company, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 08/15/28 | 22006 |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; Granite US Holdings Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 11.000%, 10/01/27 | 26386 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging International, LLC\* |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 07/15/27 | 28908 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 03/01/29 | 17632 |
| 51000 | &nbsp;&nbsp;&nbsp;&nbsp; Great Lakes Dredge & Dock Corp.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 06/01/29 | 43071 |
| 101000 | &nbsp;&nbsp;&nbsp;&nbsp; H&E Equipment Services, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/15/28 | 89193 |
| 69000 | &nbsp;&nbsp;&nbsp;&nbsp; Hawaiian Brand Intellectual |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Property, Ltd. / HawaiianMiles |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Loyalty, Ltd.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 01/20/26 | 66025 |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 07/15/27 | 62357 |
| 61000 | &nbsp;&nbsp;&nbsp;&nbsp; Howmet Aerospace, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/24 | 60926 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; IEA Energy Services, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 08/15/29 | 49124 |
| 62000 | &nbsp;&nbsp;&nbsp;&nbsp; JELD-WEN, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/15/25 | 54944 |
| 70000 | &nbsp;&nbsp;&nbsp;&nbsp; Ken Garff Automotive, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 09/15/28 | 60378 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; MasTec, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 08/15/28 | 19480 |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; Moog, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 12/15/27 | 30635 |
| 52000 | &nbsp;&nbsp;&nbsp;&nbsp; Novelis Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 01/30/30 | 47587 |
| 15000 | &nbsp;&nbsp;&nbsp;&nbsp; OI European Group, BV\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 02/15/30 | 13498 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | **VALUE** |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Pactiv Evergreen Group Issuer, |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Inc. / Pactiv Evergreen Group |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Issuer, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/15/27 | $45005 |
| 67000 | &nbsp;&nbsp;&nbsp;&nbsp; Patrick Industries, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 05/01/29 | 57333 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; QVC, Inc. |  |
| 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 09/01/28 | 25075 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.450%, 08/15/34 | 11827 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Sealed Air Corp.\* |  |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 02/01/28 | 35340 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 04/15/29 | 10441 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; Sensata Technologies, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 02/15/31 | 34240 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc.\* |  |
| 33000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/01/30 | 26273 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 03/01/30^ | 15974 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; Standard Industries, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 02/15/27 | 47673 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Stericycle, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 01/15/29 | 31150 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; STL Holding Company, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 02/15/26 | 30921 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; TransDigm, Inc. |  |
| 97000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 03/15/26\* | 97063 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 03/15/27 | 60512 |
| 34000 | &nbsp;&nbsp;&nbsp;&nbsp; Tronox, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/15/29 | 29120 |
| 44000 | &nbsp;&nbsp;&nbsp;&nbsp; Vertiv Group Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 11/15/28 | 38389 |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; Wabash National Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 10/15/28 | 40556 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Waste Pro USA, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/15/26 | 32590 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.\* |  |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 06/15/25 | 27448 |
| 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 06/15/28 | 13380 |
| 43000 | &nbsp;&nbsp;&nbsp;&nbsp; Williams Scotsman International, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 06/15/25 | 43214 |
|  |  | 2341257 |
|  | ***Information Technology (0.7%)*** |  |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; Booz Allen Hamilton, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 07/01/29 | 18882 |
| 80000 | &nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 07/01/28 | 71520 |
| 39000 | &nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Worldwide Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 08/15/27 | 35592 |
| 23000 | &nbsp;&nbsp;&nbsp;&nbsp; Coherent Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/15/29 | 21065 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; CommScope Technologies, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 06/15/25 | 56909 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; CommScope, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/01/29 | 33308 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; Dell International, LLC / EMC Corp.µ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.020%, 06/15/26 | 56596 |
| 26000 | &nbsp;&nbsp;&nbsp;&nbsp; Fair Isaac Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 06/15/28 | 24174 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; KBR, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 09/30/28 | 45660 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; MPH Acquisition Holdings, LLC\* |  |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 11/01/28^ | 36391 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 09/01/28 | 16658 |

---

---

| | | |
|:---|:---|:---|
| **PRINCIPAL <br>AMOUNT** | | **VALUE** |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; NCR Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/15/29 | $19162 |
| 34000 | &nbsp;&nbsp;&nbsp;&nbsp; ON Semiconductor Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 09/01/28 | 31050 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Open Text Corp.\* |  |
| 39000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/15/28 | 33937 |
| 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 12/01/27 | 20512 |
| 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 12/01/29 | 13337 |
| 16000 | &nbsp;&nbsp;&nbsp;&nbsp; Open Text Holdings, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/01/31 | 13022 |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; Playtika Holding Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 03/15/29 | 18294 |
| 36000 | &nbsp;&nbsp;&nbsp;&nbsp; PTC, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 02/15/28 | 33571 |
| 60000 | &nbsp;&nbsp;&nbsp;&nbsp; TTM Technologies, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 03/01/29 | 52449 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Twilio, Inc. |  |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 03/15/29 | 25513 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 03/15/31 | 9131 |
| 55000 | &nbsp;&nbsp;&nbsp;&nbsp; Viavi Solutions, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 10/01/29 | 48009 |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 02/01/29 | 43178 |
|  |  | 777920 |
|  | ***Materials (0.5%)*** |  |
| 25000 | &nbsp;&nbsp;&nbsp;&nbsp; ArcelorMittal, SA |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 10/15/39 | 27073 |
| 27000 | &nbsp;&nbsp;&nbsp;&nbsp; ATI, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 12/01/27 | 26234 |
| 12000 | &nbsp;&nbsp;&nbsp;&nbsp; Carpenter Technology Corp. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 03/15/30 | 12331 |
| 35000 | &nbsp;&nbsp;&nbsp;&nbsp; Chemours Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/29 | 29263 |
| 65000 | &nbsp;&nbsp;&nbsp;&nbsp; Clearwater Paper Corp.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 08/15/28 | 58178 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Commercial Metals Company |  |
| 22000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 01/15/30 | 19758 |
| 11000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 03/15/32 | 9742 |
| 34000 | &nbsp;&nbsp;&nbsp;&nbsp; HB Fuller Company |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/15/28 | 30147 |
| 40000 | &nbsp;&nbsp;&nbsp;&nbsp; JW Aluminum Continuous Cast Company\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 10.250%, 06/01/26 | 40671 |
|  | &nbsp;&nbsp;&nbsp;&nbsp; Kaiser Aluminum Corp.\* |  |
| 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 03/01/28 | 45766 |
| 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 06/01/31 | 4237 |
| 30000 | &nbsp;&nbsp;&nbsp;&nbsp; LSF11 A5 HoldCo, LLC\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/29 | 25057 |
| 46000 | &nbsp;&nbsp;&nbsp;&nbsp; Mercer International, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 02/01/29 | 39405 |
| 70000 | &nbsp;&nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 05/13/27 | 68918 |
| 56000 | &nbsp;&nbsp;&nbsp;&nbsp; Silgan Holdings, Inc. |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 02/01/28 | 52395 |
| 21000 | &nbsp;&nbsp;&nbsp;&nbsp; Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.\*^ |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 04/01/29 | 15193 |
| 19000 | &nbsp;&nbsp;&nbsp;&nbsp; Univar Solutions USA, Inc.\* |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 12/01/27 | 18482 |
|  |  | 522850 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **PRINCIPAL <br>AMOUNT** | | | **VALUE** |
|  |  | ***Other (0.1%)*** |  |
| 52000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 1375209 B.C., Ltd.\* |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 01/30/28 | $51863 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; Gen Digital, Inc.\* |  |
| 25000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 09/30/30 | 25402 |
| 25000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 09/30/27 | 25385 |
|  |  |  | 102650 |
|  |  | ***Real Estate (0.2%)*** |  |
| 34000 |  | &nbsp;&nbsp;&nbsp;&nbsp; EPR Properties |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 08/15/29 | 28407 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; Forestar Group, Inc.\* |  |
| 38000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 03/01/28 | 33421 |
| 21000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 3.850%, 05/15/26 | 18844 |
| 50000 |  | &nbsp;&nbsp;&nbsp;&nbsp; MIWD Holdco II, LLC / MIWD Finance Corp.\* |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 02/01/30 | 41662 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust |  |
| 65000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 4.350%, 10/01/24 | 61343 |
| 20000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 02/15/26 | 17349 |
|  |  |  | 201026 |
|  |  | ***Special Purpose Acquisition Companies (0.1%)*** |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.\* |  |
| 45000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 01/15/30 | 37410 |
| 23000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 01/15/29 | 20315 |
|  |  |  | 57725 |
|  |  | ***Utilities (0.1%)*** |  |
| 16000 |  | &nbsp;&nbsp;&nbsp;&nbsp; PPL Capital Funding, Inc.‡ |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7.395%, 03/30/67 |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3 mo. USD LIBOR + 2.67% | 14088 |
| 65000 |  | &nbsp;&nbsp;&nbsp;&nbsp; TerraForm Power Operating, LLC\* |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 01/31/28 | 61160 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; Vistra Corp.\*‡ |  |
| 25000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 10/15/26 |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 6.93% | 24526 |
| 20000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 12/15/26 |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5 year CMT + 5.74% | 18876 |
|  |  |  | 118650 |
|  |  | **TOTAL CORPORATE BONDS**<br> (Cost $15,369,857) | 14557639 |
| **CONVERTIBLE BONDS (27.9%)** | **CONVERTIBLE BONDS (27.9%)** | **CONVERTIBLE BONDS (27.9%)** |  |
|  |  | ***Communication Services (0.9%)*** |  |
| 900000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Liberty Media Corp.\*<br> 2.250%, 08/15/27 | 946647 |
|  |  | ***Consumer Discretionary (6.9%)*** |  |
| 595000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Burlington Stores, Inc.<br> 2.250%, 04/15/25 | 737556 |
| 101000 |  | &nbsp;&nbsp;&nbsp;&nbsp; DISH Network Corp.<br> 2.375%, 03/15/24 | 94133 |
| 1000000 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; Flight Centre Travel Group, Ltd.<br> 2.500%, 11/17/27 | 714468 |
| 3160000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Ford Motor Company<br> 0.000%, 03/15/26 | 3217259 |
| 90000000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Kyoritsu Maintenance Company, Ltd.<br> 0.000%, 01/29/26 | 917210 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | | **VALUE** |
| 58000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Li Auto, Inc.<br> 0.250%, 05/01/28 | $66027 |
| 685000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Marriott Vacations Worldwide Corp.<br> 0.000%, 01/15/26 | 740252 |
| 500000 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; WH Smith, PLC<br> 1.625%, 05/07/26 | 567351 |
|  |  |  | 7054256 |
|  |  | ***Consumer Staples (1.9%)*** |  |
| 1255000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Post Holdings, Inc.\*<br> 2.500%, 08/15/27 | 1369469 |
| 915000 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Premium Brands Holdings Corp.<br> 4.200%, 09/30/27 | 622761 |
|  |  |  | 1992230 |
|  |  | ***Energy (0.8%)*** |  |
| 367000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Northern Oil And Gas, Inc.\*<br> 3.625%, 04/15/29 | 419396 |
| 260000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Transocean, Inc.<br> 4.000%, 12/15/25 | 400689 |
|  |  |  | 820085 |
|  |  | ***Financials (2.7%)*** |  |
| 12000000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Citigroup Global Markets Funding Luxembourg SCA<br> 0.000%, 07/25/24 | 1483374 |
| 170000000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; SBI Holdings, Inc.<br> 0.000%, 09/13/23 | 1306401 |
|  |  |  | 2789775 |
|  |  | ***Health Care (1.3%)*** |  |
| 221000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Alnylam Pharmaceuticals, Inc.\*<br> 1.000%, 09/15/27 | 236426 |
| 437000 |  | &nbsp;&nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, Inc.^<br> 0.599%, 08/01/24 | 482837 |
| 562000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Dexcom, Inc.^<br> 0.250%, 11/15/25 | 592488 |
|  |  |  | 1311751 |
|  |  | ***Industrials (4.1%)*** |  |
| 70000000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; ANA Holdings, Inc.<br> 0.000%, 12/10/31 | 586620 |
| 300000 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Duerr, AG<br> 0.750%, 01/15/26 | 383465 |
| 797000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Parsons Corp.<br> 0.250%, 08/15/25 | 872412 |
| 800000 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Prysmian S.p.A<br> 0.000%, 02/02/26 | 927539 |
| 1500000 | SGD | &nbsp;&nbsp;&nbsp;&nbsp; Singapore Airlines, Ltd.<br> 1.625%, 12/03/25 | 1275982 |
| 170000 |  | &nbsp;&nbsp;&nbsp;&nbsp; ZTO Express Cayman, Inc.\*<br> 1.500%, 09/01/27 | 189328 |
|  |  |  | 4235346 |
|  |  | ***Information Technology (4.4%)*** |  |
| 835000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Block, Inc.<br> 0.125%, 03/01/25 | 853395 |
| 1605000 |  | &nbsp;&nbsp;&nbsp;&nbsp; CyberArk Software, Ltd.<br> 0.000%, 11/15/24 | 1768902 |
| 671000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Datadog, Inc.µ<br> 0.125%, 06/15/25 | 736181 |
| 3000000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Kingsoft Corp, Ltd.<br> 0.625%, 04/29/25 | 414892 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**PRINCIPAL** <br> **AMOUNT** | | | **VALUE** | **VALUE** |
| 692000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Shift4 Payments, Inc.<br> 0.000%, 12/15/25 | $| 740973 |
|  |  |  |  | 4514343 |
|  |  | ***Materials (3.2%)*** |  |  |
| 2200000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Glencore Funding, LLC<br> 0.000%, 03/27/25 |  | 2549008 |
| 270000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Ivanhoe Mines, Ltd.\*<br> 2.500%, 04/15/26 |  | 374177 |
| 476000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Lithium Americas Corp.<br> 1.750%, 01/15/27 |  | 415629 |
|  |  |  |  | 3338814 |
|  |  | ***Other (0.6%)*** |  |  |
| 930000 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Edenred<br> 0.000%, 09/06/24 |  | 615163 |
| 20000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Multiplan Corp.\*<br> 6.000%, 10/15/27 |  |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, PIK Rate |  | 13087 |
|  |  |  |  | 628250 |
|  |  | ***Real Estate (1.1%)*** |  |  |
| 800000 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; ANLLIAN Capital, Ltd.<br> 0.000%, 02/05/25 |  | 1104084 |
|  |  | **TOTAL CONVERTIBLE BONDS**<br> (Cost $30,767,201) |  | 28735581 |
| **BANK LOANS (0.1%) ¡** | **BANK LOANS (0.1%) ¡** | **BANK LOANS (0.1%) ¡** |  |  |
|  |  | ***Airlines (0.0%)*** |  |  |
| 40500 |  | &nbsp;&nbsp;&nbsp;&nbsp; Mileage Plus Holdings, LLC‡<br> 9.996%, 06/21/27<br> 3 mo. LIBOR + 5.25% |  | 42295 |
|  |  | ***Communication Services (0.0%)*** |  |  |
| 43000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Entercom Media Corp.‡<br> 7.047%, 11/18/24<br> 1 mo. LIBOR + 2.50% |  | 31005 |
|  |  | ***Information Technology (0.1%)*** |  |  |
| 46251 |  | &nbsp;&nbsp;&nbsp;&nbsp; Banff Merger Sub, Inc.‡<br> 8.320%, 10/02/25<br> 1 mo. LIBOR + 3.75% |  | 45508 |
|  |  | **TOTAL BANK LOANS**<br> (Cost $126,039) |  | 118808 |
| **U.S. GOVERNMENT AND AGENCY SECURITIES (1.5%)** | **U.S. GOVERNMENT AND AGENCY SECURITIES (1.5%)** | **U.S. GOVERNMENT AND AGENCY SECURITIES (1.5%)** | **U.S. GOVERNMENT AND AGENCY SECURITIES (1.5%)** | **U.S. GOVERNMENT AND AGENCY SECURITIES (1.5%)** |
|  |  | ***Other (1.5%)*** |  |  |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Noteµ |  |  |
| 1010000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 2.000%, 06/30/24 |  | 974867 |
| 595000 |  | &nbsp;&nbsp;&nbsp;&nbsp; 2.500%, 04/30/24 |  | 579672 |
|  |  | **TOTAL U.S. GOVERNMENT**<br> **AND AGENCY SECURITIES**<br> (Cost $1,595,829) |  | 1554539 |
| **NUMBER OF<br>SHARES** |  |  | **VALUE** | **VALUE** |
| **COMMON STOCKS (84.5%)** | **COMMON STOCKS (84.5%)** | **COMMON STOCKS (84.5%)** |  |  |
|  |  | ***Communication Services (6.7%)*** |  |  |
| 32000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Alphabet, Inc. - Class A^# |  | 3162880 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NUMBER OF** <br> **SHARES** | | | **VALUE** |
| 925 |  | &nbsp;&nbsp;&nbsp;&nbsp; Altice USA, Inc. - Class A# | $4532 |
| 24150 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Baidu, Inc. - Class A# | 405962 |
| 310 |  | &nbsp;&nbsp;&nbsp;&nbsp; Cumulus Media, Inc. - Class A# | 2077 |
| 615 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; IPSOS | 39857 |
| 2900 |  | &nbsp;&nbsp;&nbsp;&nbsp; Meta Platforms, Inc. - Class A^# | 432013 |
| 27000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Tencent Holdings, Ltd. | 1315681 |
| 15060 |  | &nbsp;&nbsp;&nbsp;&nbsp; Tencent Holdings, Ltd. (ADR) | 734175 |
| 7610 |  | &nbsp;&nbsp;&nbsp;&nbsp; Walt Disney Company#~ | 825609 |
|  |  |  | 6922786 |
|  |  | ***Consumer Discretionary (12.0%)*** |  |
| 37500 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Alibaba Group Holding, Ltd.# | 515575 |
| 1745 |  | &nbsp;&nbsp;&nbsp;&nbsp; Alibaba Group Holding, Ltd. (ADR)# | 192299 |
| 25200 |  | &nbsp;&nbsp;&nbsp;&nbsp; Amazon.com, Inc.^# | 2598876 |
| 23950 |  | &nbsp;&nbsp;&nbsp;&nbsp; Arcos Dorados Holdings, Inc. - Class A | 203575 |
| 975 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; Arezzo Industria e Comercio, SA | 16825 |
| 315 |  | &nbsp;&nbsp;&nbsp;&nbsp; AutoZone, Inc.# | 768238 |
| 1283300 | PHP | &nbsp;&nbsp;&nbsp;&nbsp; Bloomberry Resorts Corp.# | 217103 |
| 356 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Brunello Cucinelli S.p.A | 29651 |
| 3400 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; BYD Company, Ltd. - Class A | 145230 |
| 5700 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; China Tourism Group Duty Free<br> Corp., Ltd. - Class A | 180483 |
| 552 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; CIE Automotive, SA | 16397 |
| 6975 | CHF | &nbsp;&nbsp;&nbsp;&nbsp; Cie Financiere Richemont, SA - Class A | 1075247 |
| 28800 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Compass Group, PLC | 687974 |
| 5500 |  | &nbsp;&nbsp;&nbsp;&nbsp; Coupang, Inc.# | 92895 |
| 17700 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; Cyrela Brazil Realty, SA Empreendimentos e Participacoes | 52930 |
| 19000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Galaxy Entertainment Group, Ltd. | 132265 |
| 42600 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; JD.com, Inc. - Class A | 1264937 |
| 57000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Jiumaojiu International Holdings, Ltd.\* | 146044 |
| 400 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Kyoritsu Maintenance Company, Ltd.^ | 18270 |
| 17200 |  | &nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Sands Corp.^# | 1014800 |
| 33500 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Li Ning Company, Ltd. | 331170 |
| 525 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis<br> Vuitton, SE | 458312 |
| 6350 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Mahindra & Mahindra, Ltd. | 107201 |
| 4780 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Meituan - Class B\*# | 106861 |
| 310 |  | &nbsp;&nbsp;&nbsp;&nbsp; MercadoLibre, Inc.# | 366324 |
| 34400 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; New Oriental Education &<br> Technology Group, Inc.# | 146022 |
| 500 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Nextage Company, Ltd.^ | 11247 |
| 1465 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Pearson, PLC | 16707 |
| 680 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Pet Valu Holdings, Ltd.^ | 20335 |
| 2235 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Prosus, NV# | 180466 |
| 145800 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Samsonite International, SA\*# | 434336 |
| 64000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Sands China, Ltd.# | 240005 |
| 590 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Sanlorenzo S.p.A. / Ameglia | 25902 |
| 1200 |  | &nbsp;&nbsp;&nbsp;&nbsp; Tesla, Inc.µ# | 207864 |
| 1430 | INR | &nbsp;&nbsp;&nbsp;&nbsp; TVS Motor Company, Ltd. | 18237 |
| 3020 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; Webjet, Ltd.^# | 14719 |
| 14400 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Wynn Macau, Ltd.^# | 16481 |
| 2750 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Yum China Holdings, Inc. | 166617 |
| 23000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Zhongsheng Group Holdings, Ltd. | 130138 |
|  |  |  | 12368558 |
|  |  | ***Consumer Staples (5.1%)*** |  |
| 1360 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Britannia Industries, Ltd. | 72000 |
| 20850 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; British American Tobacco, PLC | 799260 |
| 9474 |  | &nbsp;&nbsp;&nbsp;&nbsp; Coca-Cola Company^ | 580946 |
| 1070 |  | &nbsp;&nbsp;&nbsp;&nbsp; Costco Wholesale Corp. | 546920 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **NUMBER OF <br>SHARES** | | | **VALUE** |
| 7050 |  | &nbsp;&nbsp;&nbsp;&nbsp; General Mills, Inc. | $552438 |
| 1570 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Hindustan Unilever, Ltd. | 49532 |
| 700 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Kobe Bussan Company, Ltd.^ | 20210 |
| 100 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Kose Corp. | 11033 |
| 700 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Kweichow Moutai Company, Ltd. - Class A | 191919 |
| 5250 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; L'Occitane International, SA | 14607 |
| 5900 | CHF | &nbsp;&nbsp;&nbsp;&nbsp; Nestle, SA | 719853 |
| 4000 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Proya Cosmetics Company, Ltd. - Class A | 97888 |
| 19550 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; Raia Drogasil, SA | 95626 |
| 18000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Seven & i Holdings Company, Ltd. | 849832 |
| 26000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Smoore International Holdings, Ltd.\*^ | 39194 |
| 636300 | IDR | &nbsp;&nbsp;&nbsp;&nbsp; Sumber Alfaria Trijaya, Tbk PT | 120281 |
| 36700 | PHP | &nbsp;&nbsp;&nbsp;&nbsp; Universal Robina Corp. | 92711 |
| 8155 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Varun Beverages, Ltd. | 114902 |
| 33525 | MXN | &nbsp;&nbsp;&nbsp;&nbsp; Wal-Mart de Mexico, SAB de CV | 130945 |
| 40000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Yihai International Holding, Ltd.^# | 142339 |
|  |  |  | 5242436 |
|  |  | ***Energy (5.1%)*** |  |
| 1700 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; ARC Resources, Ltd. | 19753 |
| 21400 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Canadian Natural Resources, Ltd.^ | 1313546 |
| 18935 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; CES Energy Solutions Corp.^ | 41270 |
| 479 |  | &nbsp;&nbsp;&nbsp;&nbsp; Chaparral Energy, Inc. - Class A&# | 20357 |
| 131 |  | &nbsp;&nbsp;&nbsp;&nbsp; Chesapeake Energy Corp. | 11360 |
| 8810 |  | &nbsp;&nbsp;&nbsp;&nbsp; Chevron Corp.^ | 1533116 |
| 3045 |  | &nbsp;&nbsp;&nbsp;&nbsp; Energy Transfer, LP | 40438 |
| 1815 |  | &nbsp;&nbsp;&nbsp;&nbsp; Enterprise Products Partners, LP | 46464 |
| 341 |  | &nbsp;&nbsp;&nbsp;&nbsp; EP Energy Corp.&# | 2685 |
| 11400 |  | &nbsp;&nbsp;&nbsp;&nbsp; Helmerich & Payne, Inc. | 552216 |
| 585 |  | &nbsp;&nbsp;&nbsp;&nbsp; Magellan Midstream Partners, LP | 31239 |
| 4775 |  | &nbsp;&nbsp;&nbsp;&nbsp; Marathon Petroleum Corp. | 613683 |
| 9260 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Motor Oil Hellas Corinth Refineries, SA | 226294 |
| 37400 | THB | &nbsp;&nbsp;&nbsp;&nbsp; PTT Exploration & Production, PCL | 194065 |
| 7500 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Reliance Industries, Ltd. | 216613 |
| 3975 |  | &nbsp;&nbsp;&nbsp;&nbsp; Schlumberger, Ltd.µ | 226495 |
| 1940 |  | &nbsp;&nbsp;&nbsp;&nbsp; TechnipFMC, PLCµ# | 26947 |
| 59500 | IDR | &nbsp;&nbsp;&nbsp;&nbsp; United Tractors, Tbk PT | 97684 |
| 450 |  | &nbsp;&nbsp;&nbsp;&nbsp; Williams Companies, Inc.^ | 14508 |
|  |  |  | 5228733 |
|  |  | ***Financials (14.2%)*** |  |
| 116000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; AIA Group, Ltd. | 1311687 |
| 3000 |  | &nbsp;&nbsp;&nbsp;&nbsp; Aon, PLC - Class A | 956040 |
| 38500 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; B3, SA - Brasil Bolsa Balcao | 98292 |
| 317750 | IDR | &nbsp;&nbsp;&nbsp;&nbsp; Bank Central Asia, Tbk PT | 180326 |
| 750300 | IDR | &nbsp;&nbsp;&nbsp;&nbsp; Bank Mandiri Persero, Tbk PT | 499952 |
| 53325 |  | &nbsp;&nbsp;&nbsp;&nbsp; Bank of America Corp.^~ | 1891971 |
| 5970 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Bank of Ireland Group, PLC | 63783 |
| 94800 | PHP | &nbsp;&nbsp;&nbsp;&nbsp; Bank of the Philippine Islands | 182538 |
| 4750 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Beazley, PLC | 39090 |
| 3100 |  | &nbsp;&nbsp;&nbsp;&nbsp; Chubb, Ltd. | 705219 |
| 3300 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Concordia Financial Group, Ltd. | 14501 |
| 29304 | AED | &nbsp;&nbsp;&nbsp;&nbsp; First Abu Dhabi Bank, PJSC | 108700 |
| 24350 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp; FirstRand, Ltd. | 90475 |
| 23050 | MXN | &nbsp;&nbsp;&nbsp;&nbsp; Grupo Financiero Banorte, SAB de CV - Class O | 190956 |
| 9430 | KRW | &nbsp;&nbsp;&nbsp;&nbsp; Hana Financial Group, Inc. | 374628 |
| 70850 | INR | &nbsp;&nbsp;&nbsp;&nbsp; HDFC Bank, Ltd. | 1396231 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NUMBER OF** <br> **SHARES** | | | **VALUE** |
| 3770 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Housing Development Finance Corp., Ltd. | $121638 |
| 9210 |  | &nbsp;&nbsp;&nbsp;&nbsp; ICICI Bank, Ltd. (ADR) | 191844 |
| 37925 |  | &nbsp;&nbsp;&nbsp;&nbsp; Itau Unibanco Holding, SA | 188866 |
| 10325 |  | &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase & Company~ | 1445087 |
| 312 | DKK | &nbsp;&nbsp;&nbsp;&nbsp; Jyske Bank, A/S# | 22502 |
| 42800 | THB | &nbsp;&nbsp;&nbsp;&nbsp; Kasikornbank PCL | 188064 |
| 1170000 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Lloyds Banking Group, PLC | 761431 |
| 11725 |  | &nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanleyµ^ | 1141194 |
| 48500 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Ping An Insurance Group Company of China, Ltd. - Class H | 376734 |
| 4940 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; Steadfast Group, Ltd. | 18353 |
| 18000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. | 782299 |
| 26150 |  | &nbsp;&nbsp;&nbsp;&nbsp; UBS Group, AG^ | 561179 |
| 15425 |  | &nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo & Company^ | 722970 |
|  |  |  | 14626550 |
|  |  | ***Health Care (8.8%)*** |  |
| 1665 |  | &nbsp;&nbsp;&nbsp;&nbsp; Abcam, PLC# | 23094 |
| 6125 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; AstraZeneca, PLC | 802451 |
| 13400 | THB | &nbsp;&nbsp;&nbsp;&nbsp; Bumrungrad Hospital PCL | 88088 |
| 3900 |  | &nbsp;&nbsp;&nbsp;&nbsp; Danaher Corp.^ | 1031082 |
| 385 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Dechra Pharmaceuticals, PLC | 13654 |
| 4780 |  | &nbsp;&nbsp;&nbsp;&nbsp; Eli Lilly & Company^ | 1645037 |
| 1955 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Ergomed, PLC# | 28962 |
| 1630 |  | &nbsp;&nbsp;&nbsp;&nbsp; Humana, Inc. | 834071 |
| 21205 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; Hypera, SA | 193825 |
| 1475 | CHF | &nbsp;&nbsp;&nbsp;&nbsp; Lonza Group, AG | 841401 |
| 657 |  | &nbsp;&nbsp;&nbsp;&nbsp; Mallinckrodt, PLC# | 4927 |
| 17500 |  | &nbsp;&nbsp;&nbsp;&nbsp; Novo Nordisk, A/S | 2428650 |
| 1200 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Sosei Group Corp.^# | 22730 |
| 58 | CHF | &nbsp;&nbsp;&nbsp;&nbsp; Tecan Group, AG | 24341 |
| 1645 |  | &nbsp;&nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc.^ | 821167 |
| 26500 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Wuxi Biologics Cayman, Inc.\*# | 221286 |
|  |  |  | 9024766 |
|  |  | ***Industrials (8.5%)*** |  |
| 730 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Aalberts, NV | 34516 |
| 7250 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Airbus, SE | 908902 |
| 85100 | THB | &nbsp;&nbsp;&nbsp;&nbsp; Airports of Thailand PCL# | 191417 |
| 11626 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Ashtead Group, PLC | 765790 |
| 1000 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; BayCurrent Consulting, Inc.^ | 42510 |
| 32 | CHF | &nbsp;&nbsp;&nbsp;&nbsp; Burckhardt Compression Holding, AG | 19813 |
| 8775 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Canadian Pacific Railway, Ltd.^ | 692609 |
| 1300 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Company, Ltd. - Class A | 90175 |
| 520 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; DO & CO, AG# | 55068 |
| 1060 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Duerr, AG | 40443 |
| 350 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Ebara Corp. | 14861 |
| 1400 |  | &nbsp;&nbsp;&nbsp;&nbsp; EMCOR Group, Inc. | 207550 |
| 7450 | MXN | &nbsp;&nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Pacifico, SAB de CV - Class B | 128316 |
| 700 | SEK | &nbsp;&nbsp;&nbsp;&nbsp; Hexatronic Group, AB | 8616 |
| 4570 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Hindustan Aeronautics, Ltd. | 143503 |
| 24600 | PHP | &nbsp;&nbsp;&nbsp;&nbsp; International Container Terminal Services, Inc. | 93518 |
| 567 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Interpump Group S.p.A | 29569 |
| 400 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Japan Airport Terminal Company, Ltd.# | 20850 |
| 2050 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Larsen & Toubro, Ltd. | 53280 |
| 5080 | SEK | &nbsp;&nbsp;&nbsp;&nbsp; Munters Group, AB\* | 48708 |
| 8700 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Ningbo Orient Wires & Cables Company, Ltd. - Class A | 82991 |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NUMBER OF** <br> **SHARES** | | | **VALUE** |
| 9500 |  | &nbsp;&nbsp;&nbsp;&nbsp; Quanta Services, Inc.µ | $1445805 |
| 8350 |  | &nbsp;&nbsp;&nbsp;&nbsp; Raytheon Technologies Corp.µ | 833747 |
| 8600 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Schneider Electric, SE | 1395054 |
| 14700 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Shanghai International Airport Company, Ltd. - Class A# | 132061 |
| 1900 | INR | &nbsp;&nbsp;&nbsp;&nbsp; Siemens, Ltd. | 68607 |
| 190 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Societe BIC, SA | 13795 |
| 1090 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Sojitz Corp. | 21611 |
| 760 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Stantec, Inc.^ | 39618 |
| 12000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Techtronic Industries Company, Ltd. | 154701 |
| 1400 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; THK Company, Ltd. | 29711 |
| 200 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Visional, Inc.^# | 14492 |
| 4950 |  | &nbsp;&nbsp;&nbsp;&nbsp; Waste Management, Inc. | 765914 |
| 49000 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; YTO Express Group Company, Ltd. - Class A | 152560 |
|  |  |  | 8740681 |
|  |  | ***Information Technology (19.9%)*** |  |
| 3260 |  | &nbsp;&nbsp;&nbsp;&nbsp; Accenture, PLC - Class A | 909703 |
| 1002 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; AIXTRON, SE | 29855 |
| 139 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Alten, SA | 21358 |
| 16095 |  | &nbsp;&nbsp;&nbsp;&nbsp; Apple, Inc.^ | 2322348 |
| 3710 |  | &nbsp;&nbsp;&nbsp;&nbsp; ASML Holding, NV | 2451716 |
| 2470 |  | &nbsp;&nbsp;&nbsp;&nbsp; Automatic Data Processing, Inc. | 557751 |
| 125 |  | &nbsp;&nbsp;&nbsp;&nbsp; CyberArk Software, Ltd.# | 17610 |
| 220 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Elmos Semiconductor SE | 14946 |
| 171 |  | &nbsp;&nbsp;&nbsp;&nbsp; Endava, PLC (ADR)# | 15026 |
| 760 |  | &nbsp;&nbsp;&nbsp;&nbsp; Infosys, Ltd. (ADR)^ | 14288 |
| 1780 |  | &nbsp;&nbsp;&nbsp;&nbsp; Intuit, Inc. | 752353 |
| 2500 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Keyence Corp. | 1150922 |
| 627 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Keywords Studios, PLC | 22022 |
| 237 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Kinaxis, Inc.# | 27546 |
| 86000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Kingdee International Software Group Company, Ltd.# | 187696 |
| 750 | KRW | &nbsp;&nbsp;&nbsp;&nbsp; Koh Young Technology, Inc.# | 10525 |
| 1060 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Lectra | 44146 |
| 5000 | TWD | &nbsp;&nbsp;&nbsp;&nbsp; MediaTek, Inc. | 120805 |
| 9200 |  | &nbsp;&nbsp;&nbsp;&nbsp; Microsoft Corp.µ^ | 2279852 |
| 5700 |  | &nbsp;&nbsp;&nbsp;&nbsp; NVIDIA Corp.^ | 1113609 |
| 14300 |  | &nbsp;&nbsp;&nbsp;&nbsp; Oracle Corp.µ | 1264978 |
| 2000 | GBP | &nbsp;&nbsp;&nbsp;&nbsp; Sage Group, PLC | 19215 |
| 3600 |  | &nbsp;&nbsp;&nbsp;&nbsp; salesforce, Inc.^# | 604692 |
| 14700 | KRW | &nbsp;&nbsp;&nbsp;&nbsp; Samsung Electronics Company, Ltd. | 732210 |
| 100 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; SHIFT, Inc.# | 18664 |
| 2000 | TWD | &nbsp;&nbsp;&nbsp;&nbsp; Silergy Corp. | 40699 |
| 3010 | KRW | &nbsp;&nbsp;&nbsp;&nbsp; SK Hynix, Inc. | 217755 |
| 204000 | TWD | &nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Company, Ltd. | 3599943 |
| 6890 |  | &nbsp;&nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 638910 |
| 20910 | BRL | &nbsp;&nbsp;&nbsp;&nbsp; TOTVS, SA | 123863 |
| 79000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Travelsky Technology, Ltd. - Class H | 164206 |
| 30300 | CNY | &nbsp;&nbsp;&nbsp;&nbsp; Venustech Group, Inc. - Class A | 134122 |
| 3910 |  | &nbsp;&nbsp;&nbsp;&nbsp; Visa, Inc. - Class A | 900121 |
|  |  |  | 20523455 |
|  |  | ***Materials (3.1%)*** |  |
| 51125 | CAD | &nbsp;&nbsp;&nbsp;&nbsp; Barrick Gold Corp. | 999792 |
| 50910 |  | &nbsp;&nbsp;&nbsp;&nbsp; Cemex, SAB de CV# | 271859 |
| 55150 | AED | &nbsp;&nbsp;&nbsp;&nbsp; Fertiglobe, PLC | 60162 |
| 20720 |  | &nbsp;&nbsp;&nbsp;&nbsp; Freeport-McMoRan, Inc.~ | 924526 |
| 1430 | AUD | &nbsp;&nbsp;&nbsp;&nbsp; IGO, Ltd. | 14865 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**NUMBER OF** <br> **SHARES** | | | **VALUE** | **VALUE** | **VALUE** |
| 27800 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; Nippon Steel Corp. | $| 578649 |  |
| 670 | JPY | &nbsp;&nbsp;&nbsp;&nbsp; OSAKA Titanium Technologies Company, Ltd. |  | 19011 |  |
| 5575 | ZAR | &nbsp;&nbsp;&nbsp;&nbsp; Sasol, Ltd. |  | 101280 |  |
| 5250 |  | &nbsp;&nbsp;&nbsp;&nbsp; Vale, SA - Class B |  | 98070 |  |
| 78000 | HKD | &nbsp;&nbsp;&nbsp;&nbsp; Zijin Mining Group Company Ltd.- Class H |  | 129016 |  |
|  |  |  |  | 3197230 |  |
|  |  | ***Real Estate (0.2%)*** |  |  |  |
| 179500 | PHP | &nbsp;&nbsp;&nbsp;&nbsp; Ayala Land, Inc. |  | 96815 |  |
| 22500 | INR | &nbsp;&nbsp;&nbsp;&nbsp; DLF, Ltd. |  | 98312 |  |
|  |  |  |  | 195127 |  |
|  |  | ***Special Purpose Acquisition Companies (0.9%)*** |  |  |  |
| 518 |  | &nbsp;&nbsp;&nbsp;&nbsp; Intelsat Emergence, SA&# |  | 12044 |  |
| 32050 | EUR | &nbsp;&nbsp;&nbsp;&nbsp; Shell, PLC |  | 939967 |  |
|  |  |  |  | 952011 |  |
|  |  | **TOTAL COMMON STOCKS**<br>(Cost $95,463,084) |  | 87022333 |  |
| **PREFERRED STOCKS (0.2%)** | **PREFERRED STOCKS (0.2%)** | **PREFERRED STOCKS (0.2%)** |  |  |  |
|  |  | ***Consumer Discretionary (0.1%)*** |  |  |  |
| 305 |  | &nbsp;&nbsp;&nbsp;&nbsp; Guitar Center, Inc.& |  | 37972 |  |
|  |  | ***Energy (0.1%)*** |  |  |  |
| 1675 |  | &nbsp;&nbsp;&nbsp;&nbsp; NuStar Energy, LP‡<br> 10.379%, 03/02/23<br> 3 mo. USD LIBOR + 5.64% |  | 38927 |  |
| 760 |  | &nbsp;&nbsp;&nbsp;&nbsp; NuStar Energy, LP^‡<br> 11.502%, 03/02/23<br> 3 mo. USD LIBOR + 6.77% |  | 19015 |  |
| 2270 |  | &nbsp;&nbsp;&nbsp;&nbsp; NuStar Logistics, LP‡<br> 11.526%, 01/15/43<br> 3 mo. USD LIBOR + 6.73% |  | 56909 |  |
|  |  |  |  | 114851 |  |
|  |  | ***Financials (0.0%)*** |  |  |  |
| 1082 |  | &nbsp;&nbsp;&nbsp;&nbsp; B Riley Financial, Inc.<br> 5.250%, 08/31/28 |  | 22982 |  |
|  |  | **TOTAL PREFERRED STOCKS**<br> (Cost $175,488) | **** | 175805 | **** |
| **EXCHANGE-TRADED FUNDS (1.2%)** | **EXCHANGE-TRADED FUNDS (1.2%)** | **EXCHANGE-TRADED FUNDS (1.2%)** |  |  |  |
|  |  | ***Other (1.2%)*** |  |  |  |
| 45865 |  | &nbsp;&nbsp;&nbsp;&nbsp; Invesco Senior Loan ETF |  | 968210 |  |
| 6150 |  | &nbsp;&nbsp;&nbsp;&nbsp; iShares MSCI Saudi Arabia ETF^ |  | 241142 |  |
|  |  | **TOTAL EXCHANGE-TRADED FUNDS**<br> (Cost $1,322,412) | **** | 1209352 | **** |
| **CONVERTIBLE PREFERRED STOCKS (1.8%)** | **CONVERTIBLE PREFERRED STOCKS (1.8%)** | **CONVERTIBLE PREFERRED STOCKS (1.8%)** | **CONVERTIBLE PREFERRED STOCKS (1.8%)** | **CONVERTIBLE PREFERRED STOCKS (1.8%)** |  |
|  |  | ***Consumer Discretionary (0.9%)*** |  |  |  |
| 7908 |  | &nbsp;&nbsp;&nbsp;&nbsp; Aptiv, PLC<br> 5.500%, 06/15/23 |  | 996329 |  |

---

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| **NUMBER OF <br>SHARES** | | **VALUE** |
|  | ***Energy (0.0%)*** |  |
| 1 | &nbsp;&nbsp;&nbsp;&nbsp; Gulfport Energy Corp.&<br> 10.000%, 03/03/23<br> 15.000% PIK rate | $5850 |
|  | ***Utilities (0.9%)*** |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp; NextEra Energy, Inc. |  |
| 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 6.219%, 09/01/23 | 478900 |
| 8700 | &nbsp;&nbsp;&nbsp;&nbsp; 6.926%, 09/01/25 | 417165 |
|  |  | 896065 |
|  | **TOTAL CONVERTIBLE**<br> **PREFERRED STOCKS**<br> (Cost $1,934,639) | 1898244 |
| **WARRANTS (0.0%) #** | **WARRANTS (0.0%) #** |  |
|  | ***Energy (0.0%)*** |  |
| 2607 | &nbsp;&nbsp;&nbsp;&nbsp; Mcdermott International, Ltd.& 06/30/27, Strike $15.98 |  |
| 2347 | &nbsp;&nbsp;&nbsp;&nbsp; Mcdermott International, Ltd. 06/30/27, Strike $12.33 |  |
|  | **TOTAL WARRANTS**<br> (Cost $1,002) | ***—*** |
| **NUMBER OF**<br> **CONTRACTS/**<br> **NOTIONAL**<br> **AMOUNT** |  | **VALUE** |
| **PURCHASED OPTIONS (0.6%) #** | **PURCHASED OPTIONS (0.6%) #** |  |
|  | ***Materials (0.1%)*** |  |
| 1470 | &nbsp;&nbsp;&nbsp;&nbsp; Cemex SAB de CV |  |
| 784980 | &nbsp;&nbsp;&nbsp;&nbsp; Call, 07/21/23, Strike $5.00 | 121275 |
|  | ***Other (0.5%)*** |  |
| 700 | &nbsp;&nbsp;&nbsp;&nbsp; iShares MSCI EAFE ETF |  |
| 5008500 | &nbsp;&nbsp;&nbsp;&nbsp; Put, 12/15/23, Strike $60.00 | 94500 |
| 260 | &nbsp;&nbsp;&nbsp;&nbsp; iShares MSCI South Korea ETF |  |
| 1650220 | &nbsp;&nbsp;&nbsp;&nbsp; Call, 04/21/23, Strike $64.00 | 72150 |
| 350 | &nbsp;&nbsp;&nbsp;&nbsp; iShares MSCI Taiwan ETF |  |
| 1568350 | &nbsp;&nbsp;&nbsp;&nbsp; Call, 06/16/23, Strike $44.81 | 97125 |
| 220 | &nbsp;&nbsp;&nbsp;&nbsp; SPDR S&P 500 ETF Trust |  |
| 8942560 | &nbsp;&nbsp;&nbsp;&nbsp; Put, 12/15/23, Strike $360.00 | 266310 |
|  |  | 530085 |
|  | **TOTAL PURCHASED OPTIONS**<br> (Cost $1,063,106) | 651360 |
| **TOTAL INVESTMENTS (131.9%)**<br> (Cost $147,818,657) | **TOTAL INVESTMENTS (131.9%)**<br> (Cost $147,818,657) | 135923661 |
| MANDATORY REDEEMABLE PREFERRED<br>SHARES, AT LIQUIDATION VALUE (-16.5%) | MANDATORY REDEEMABLE PREFERRED<br>SHARES, AT LIQUIDATION VALUE (-16.5%) | (17000000) |
| LIABILITIES, LESS OTHER ASSETS (-15.4%) | LIABILITIES, LESS OTHER ASSETS (-15.4%) | (15890313) |
| **NET ASSETS (100.0%)** | **NET ASSETS (100.0%)** | $103033348 |

---

**NOTES TO SCHEDULE OF INVESTMENTS** 

**\*** Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers ("QIBs"), such as the Fund. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. 

---

| | |
|:---|:---|
| **µ** | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $7,657,725.  |

---

---

| | |
|:---|:---|
| **^** | Security, or portion of security, is on loan.  |

---

---

| | |
|:---|:---|
| **@** | In default status and considered non-income producing.  |

---

---

| | |
|:---|:---|
| **&** | Illiquid security.  |

---

**‡** Variable rate security. The rate shown is the rate in effect at January 31, 2023.

---

| | |
|:---|:---|
| **¡** | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown.  |

---

**#** Non-income producing security. 

---

| | |
|:---|:---|
| **~** | Security, or portion of security, is segregated as collateral (or collateral for potential future transactions) for written options.  |

---

The aggregate value of such securities is $2,435,590. <br>

---

| | |
|:---|:---|
| **FOREIGN CURRENCY ABBREVIATIONS** | **FOREIGN CURRENCY ABBREVIATIONS** |
| **AED** | UAE Dirham |
| **AUD** | Australian Dollar |
| **BRL** | Brazilian Real |
| **CAD** | Canadian Dollar |
| **CHF** | Swiss Franc |
| **CNY** | Chinese Yuan Renminbi |
| **DKK** | Danish Krone |
| **EUR** | European Monetary Unit |
| **GBP** | British Pound Sterling |
| **HKD** | Hong Kong Dollar |
| **IDR** | Indonesian Rupiah |
| **INR** | Indian Rupee |
| **JPY** | Japanese Yen |
| **KRW** | South Korean Won |
| **MXN** | Mexican Peso |
| **PHP** | Philippine Peso |
| **SEK** | Swedish Krona |
| **SGD** | Singapore Dollar |
| **THB** | Thai Baht |
| **TWD** | New Taiwan Dollar |
| **ZAR** | South African Rand |

---

*Note: Value for securities denominated in foreign currencies is shown in U.S. dollars. The principal amount for such securities is shown in the respective foreign currency. The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown.* 

See accompanying Notes to Schedule of Investments

------

---

| |
|:---|
| **Calamos Global Total Return Fund** |
|  **SCHEDULE OF INVESTMENTS JANUARY 31, 2023 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
| **CURRENCY EXPOSURE JANUARY 31, 2023** | | |
|  | **Value** | **% of Total <br> Investments** |
|  US Dollar | $86382857 | 63.6% |
|  Hong Kong Dollar | 9991826 | 7.4% |
|  European Monetary Unit | 7598532 | 5.6% |
|  Japanese Yen | 6451634 | 4.7% |
|  British Pound Sterling | 4523907 | 3.3% |
|  Canadian Dollar | 3777230 | 2.8% |
|  New Taiwan Dollar | 3761447 | 2.8% |
|  Swiss Franc | 2680655 | 2.0% |
|  Indian Rupee | 2460056 | 1.8% |
|  South Korean Won | 1335118 | 1.0% |
|  Singapore Dollar | 1275982 | 0.9% |
|  Chinese Yuan Renminbi | 1207429 | 0.9% |
|  Indonesian Rupiah | 898243 | 0.7% |
|  Australian Dollar | 762405 | 0.6% |
|  Philippine Peso | 682685 | 0.5% |
|  Thai Baht | 661634 | 0.5% |
|  Brazilian Real | 581361 | 0.4% |
|  Mexican Peso | 450217 | 0.3% |
|  South African Rand | 191755 | 0.1% |
|  UAE Dirham | 168862 | 0.1% |
|  Swedish Krona | 57324 | —% |
|  Danish Krone | 22502 | —% |
|  Total Investments | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135923661 | 100.0% |
|  *Currency exposure may vary over time.* |  |  |

---

See accompanying Notes to Schedule of Investments

------

**Note 1 – Organization and Significant Accounting Policies** 

**Organization.** Calamos Global Total Return (the "Fund") was organized as a Delaware statutory trust on March 30, 2004 and is registered under the Investment Company Act of 1940 (the "1940 Act") as a diversified, closed-end management investment company. The Fund commenced operations on October 27, 2005.

The Fund's investment strategy is to provide total return through a combination of capital appreciation and current income. Under normal circumstances, the Fund will invest primarily in a portfolio of common and preferred stocks, convertible securities and income producing securities such as investment grade and below investment grade (high yield/high risk) debt securities. Under normal circumstances, the Fund will invest at least 50% of its managed assets in equity securities (including securities that are convertible into equity securities). The Fund may invest up to 100% of its managed assets in securities of foreign issuers, including debt and equity securities of corporate issuers and debt securities of government issuers, in developed and emerging markets. Under normal circumstances, the Fund will invest at least 40% of its managed assets in securities of foreign issuers. "Managed assets" means the Fund's total assets (including any assets attributable to any leverage that may be outstanding) minus total liabilities (other than debt representing financial leverage).

**Significant Accounting Policies.** The Schedule of Investments has been prepared in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) and the Fund is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. The following summarizes the significant accounting policies of the Fund:

**Fund Valuation.** The Trust's Board of Trustees, including a majority of the Trustees who are not "interested persons" of the Trust, have designated Calamos Advisors LLC ("Calamos Advisors") to perfom fair valuation determinations related to all Fund investments under the oversight of the Board. As "valuation designee" the Calamos Advisors has adopted procedures to guide the determination of the NAV on any day on which the Fund's NAVs are dertermined. The valuation of the Fund's investments is in accordance with these procedures.

Fund securities that are traded on U.S. securities exchanges, except option securities, are valued at the official closing price, which is the last current reported sales price on its principal exchange at the time each Fund determines its net asset value ("NAV"). Securities traded in the over-the-counter market and quoted on The NASDAQ Stock Market are valued at the NASDAQ Official Closing Price, as determined by NASDAQ, or lacking a NASDAQ Official Closing Price, the last current reported sale price on NASDAQ at the time the Fund determines its NAV. When a last sale or closing price is not available, equity securities, other than option securities, that are traded on a U.S. securities exchange and other equity securities traded in the over-the-counter market are valued at the mean between the most recent bid and asked quotations on its principal exchange in accordance with guidelines adopted by the board of trustees. Each option security traded on a U.S. securities exchange is valued at the mid-point of the consolidated bid/ask quote for the option security, also in accordance with guidelines adopted by the board of trustees. Each over-the-counter option that is not traded through the Options Clearing Corporation is valued either by an independent pricing agent approved by the board of trustees or based on a quotation provided by the counterparty to such option under the ultimate supervision of the board of trustees.

Fixed income securities, bank loans, certain convertible preferred securities, and non-exchange traded derivatives are normally valued by independent pricing services or by dealers or brokers who make markets in such securities. Valuations of such fixed income securities, bank loans, certain convertible preferred securities, and non-exchange traded derivatives consider yield or price of equivalent securities of comparable quality, coupon rate, maturity, type of issue, trading characteristics and other market data and do not rely exclusively upon exchange or over-the-counter prices.

Trading on European and Far Eastern exchanges and over-the-counter markets is typically completed at various times before the close of business on each day on which the New York Stock Exchange ("NYSE") is open. Each security trading on these exchanges or in over-the-counter markets may be valued utilizing a systematic fair valuation model provided by an independent pricing service approved by the board of trustees. The valuation of each security that meets certain criteria in relation to the valuation model is systematically adjusted to reflect the impact of movement in the U.S. market after the foreign markets close. Securities that do not meet the criteria, or that are principally traded in other foreign markets, are valued as of the last reported sale price at the time the Fund determines its NAV, or when reliable market prices or quotations are not readily available, at the mean between the most recent bid and asked quotations as of the close of the appropriate exchange or other designated time. Trading of foreign securities may not take place on every NYSE business day. In addition, trading may take place in various foreign markets on Saturdays or on other days when the NYSE is not open and on which the Fund's NAV is not calculated.

If the pricing committee determines that the valuation of a security in accordance with the methods described above is not reflective of a fair value for such security, the security is valued at a fair value by the pricing committee.

The Fund also may use fair value pricing, pursuant to guidelines adopted by Calamos Advisors, if trading in the security is halted or if the value of a security it holds is materially affected by events occurring before the Fund's pricing time but after the close of the primary market or exchange on which the security is listed. Those procedures may utilize valuations furnished by pricing services approved by Calamos Advisors, which may be based on market transactions for comparable securities and various relationships between securities that are generally recognized by institutional traders, a computerized matrix system, or appraisals derived from information concerning the securities or similar securities received from recognized dealers in those securities.

When fair value pricing of securities is employed, the prices of securities used by a Fund to calculate its NAV may differ from market quotations or official closing prices. There can be no assurance that the Fund could purchase or sell a portfolio security at the price used to calculate the Fund's net asset value ("NAV").

**Foreign Currency Translation.** Values of investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using a rate quoted by a major bank or dealer in the particular currency market, as reported by a recognized quotation dissemination service.

**Option Transactions.** For hedging and investment purposes, the Fund may purchase or write (sell) put and call options. One of the risks associated with purchasing an option is that the Fund pays a premium whether or not the option is exercised. Additionally, the Fund bears the risk of loss of premium and change in value should the counterparty not perform under the contract. The Fund as writer of an option bears the market risk of an unfavorable change in the price of the security underlying the written option.

------

**Note 2 – Investments** 

The cost basis of investments for federal income tax purposes at January 31, 2023 was as follows\*:

---

| | |
|:---|:---|
|  Cost basis of investments | $147818657 |
|  Gross unrealized appreciation | 3606912 |
|  Gross unrealized depreciation | (15501908) |
|  Net unrealized appreciation (depreciation) | $(11894996) |

---

\* Because tax adjustments are calculated annually, the above table does not reflect tax adjustments. For the previous fiscal year's federal income tax information, please refer to the Notes to Financial Statements section in the Fund's most recent semi-annual or annual report.

**Note 3 – Mandatory Redeemable Preferred Shares** 

The Fund issued MRPS on August 24, 2021 and September 6, 2017. On August 24, 2021, 360,000 MRPS were issued with an aggregate liquidation preference of $9.0 million. On September 6, 2017, 480,000 were issued mandatory redeemable preferred shares ("MRPS") with an aggregate liquidation preference of $12.0 million. Offering costs incurred by the Fund in connection with the MRPS issuance are aggregated with the outstanding liability and are being amortized to Interest expense and amortization of offering costs on MRPS over the respective life of each series of MRPS and shown in the Statement of Operations.

The MRPS are divided into four series with different mandatory redemption dates and dividend rates. The table below summarizes the key terms of each series of the MRPS at January 31, 2023.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series | Term<br>Redemption Date | Dividend Rate | Shares (000's) | Liquidation Preference Per Share | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aggregate Liquidation Preference |
|  &nbsp;&nbsp;&nbsp;&nbsp;Series B | 9/06/24 | 4.00% | 160 | $25 | $4000000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Series C | 9/06/27 | 4.24% | 160 | $25 | $4000000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Series D | 8/24/26 | 2.45% | 200 | $25 | $5000000 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Series E | 5/24/27 | 2.68% | 160 | $25 | $4000000 |
|  |  |  |  | *Total* | $17000000 |

---

The MRPS are not listed on any exchange or automated quotation system. The MRPS are considered debt of the issuer; therefore, the liquidation preference, which approximates fair value of the MRPS, is recorded as a liability in the Statement of Assets and Liabilities net of deferred offering costs. The MRPS are categorized as Level 2 within the fair value hierarchy.

During the period ended January 31, 2023, all MRPS were rated `AA-' by Kroll Bond Rating Agency LLC ("KBRA"). If the ratings of the MRPS are downgraded, the Fund's dividend expense may increase, as described below.

Holders of MRPS are entitled to receive monthly cumulative cash dividends payable on the first business day of each month. The MRPS currently are rated "AA-" by Kroll. If on the first day of a monthly dividend period the MRPS of any class are rated lower than "A" by Kroll, the dividend rate for such period shall be increased by 0.5%, 2.0% or 4.0% according to an agreed upon schedule. The MRPS' dividend rate is also subject to increase during periods when the Fund has not made timely payments to MRPS holders and/or the MRPS do not have a current credit rating, subject to various terms and conditions. Dividends accrued and paid to the shareholders of MRPS are included in "Interest expense and amortization of offering costs on Mandatory Redeemable Preferred Shares" within the Statement of Operations.

With regard to the Series A, B and C MRPS, so long as any MRPS are outstanding, the Fund will not declare, pay or set apart for payment any dividend or other distribution (other than non-cash distributions) with respect to Fund shares ranking junior to or on parity with the MRPS, unless (1) the Fund has satisfied the MRPS Overcollateralization Test (as defined below) on at least one "valuation date" in the preceding 65 calendar days, (2) immediately after such transaction the Fund would satisfy the MRPS Asset Coverage Test (as defined below), (3) full cumulative dividends on the MRPS due on or prior to the date of the transaction have been declared and paid to the holders of MRPS and (4) the Fund has redeemed the full number of MRPS required to be redeemed by any provision for mandatory redemption or deposited sufficient monies with the Fund's paying agent for that purpose, subject to certain grace periods and exceptions.

<u>MRPS Asset Coverage Test:</u> Asset coverage with respect to all outstanding senior securities and preferred shares, including the MRPS, determined in accordance with Section 18(h) of the 1940 Act, on the basis of values calculated as of a time within 48 hours (not including Sundays or holidays) next preceding the time of determination, must be greater than or equal to 225%.

<u>MRPS Overcollateralization Test:</u> So long as Fitch or any other NSRSO, such as Kroll, is then rating any class of the outstanding MRPS pursuant to the request of the Fund, satisfaction of only those overcollateralization ratios applicable to closed-end fund issuers with the same rating(s) as the Fund's MRPS' then-current rating(s) issued by Fitch or such other NSRSO, such as Kroll, by application of the applicable rating agency guidelines.

With regard to Series D and E MRPS, for so long as any MRPS are Outstanding, the Fund will not declare, pay or set apart for payment any dividend or other distribution (other than a dividend or distribution paid in shares of, or options, warrants or rights to subscribe for or purchase, Common Shares or other shares of beneficial interest, if any, ranking junior to the MRPS as to dividends or upon liquidation (collectively "non-cash distributions") with respect to Common Shares or any other shares of the Series or Fund ranking junior to or on a parity with the MRPS as to dividends or upon liquidation, or call for redemption, redeem, purchase or otherwise acquire for consideration any Common Shares or any other such junior shares (except by conversion into or exchange for shares of the Fund ranking junior to the MRPS as to dividends and upon liquidation) or any such parity shares (except by conversion into or exchange for shares of the Fund ranking junior to or on a parity with the MRPS as to dividends and upon liquidation), unless (1) immediately after such transaction the Fund would satisfy the MRPS Asset Coverage Test, (2) full cumulative dividends on the MRPS due on or prior to the date of the transaction have been declared and paid to the Holders of MRPS, and (3) the Fund has redeemed the full number of MRPS required to be redeemed by any provision for mandatory redemption contained in Section 3(a) or deposited sufficient monies with the Paying Agent for that purpose (without regard to the provisions of the Special Proviso); provided that the Fund may make any distributions reasonably necessary for the Fund to continue to qualify as a "regulated investment company" under Subchapter M of the Internal Revenue Code and to avoid excise tax under Section 4982 of the Internal Revenue Code ("Tax Required Payments"). For the avoidance of doubt, any such Tax Required Payments would only be paid to holders

------

of Common Shares after full cumulative dividends due on or prior to the date of the applicable distribution and any mandatory redemptions occurring on or prior to the date of the applicable distribution have been paid to the holders of MRPS.

Except as otherwise required pursuant to the Fund's governing documents or applicable law, the holders of the MRPS have one vote per share and vote together with the holders of common stock of the Fund as a single class except on matters affecting only the holders of MRPS or the holders of common stock. Pursuant to the 1940 Act, holders of the MRPS have the right to elect at least two trustees of the Fund, voting separately as a class. Except during any time when the Fund has failed to make a dividend or redemption payment in respect of MRPS outstanding, the holders of MRPS have agreed to vote in accordance with the recommendation of the board of trustees on any matter submitted to them for their vote or to the vote of shareholders of the Fund generally.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Calamos Global Total Return Fund

- **b. Investment Company Act file number:** 811-21547

- **c. CIK number of Registrant:** 0001285650

- **d. LEI of Registrant:** 549300K2D63KU54WRP95

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

  - **Street Address 1:** 2020 Calamos Court

  - **City:** Naperville

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60563

  - **Telephone number:** 6302457200

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

- **a. Name of Series:** Calamos Global Total Return Fund

- **c. LEI of Series:** 549300K2D63KU54WRP95

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $151923326.60

**Total Liabilities:** $48899061.06

**Net Assets:** $103024265.54

**Cash Not Reported:** $13965389.39

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3.072183600000 | **1-Year:** -74.083543600000 | **5-Year:** -307.448897800000 | **10-Year:** -255.156239700000 | **30-Year:** -41.298433100000

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

- **3-Month:** -23.981896100000 | **1-Year:** -962.206077400000 | **5-Year:** -3132.560000000000 | **10-Year:** -967.500000000000 | **30-Year:** -140.609421100000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 8.64%                | -4.68%               | 8.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1821007.90              | $6349633.59                                |
| Month 2  | $-161753.01              | $-4656843.34                               |
| Month 3  | $716754.37               | $7611798.33                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALTEN SA                                                | ALTEN SA COMMON STOCK EUR1.016399                         | CUSIP: N/A<br>LEI: 969500Y7G9TY7Y24GN07       | Long             | EC               | CORP              | FR        |       139 | NS      | $21358.19     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ELMOS SEMICONDUCTOR SE                                  | ELMOS SEMICONDUCTOR SE COMMON STOCK                       | CUSIP: N/A<br>LEI: 529900UMKKDCAP4P4H63       | Long             | EC               | CORP              | DE        |       145 | NS      | $9850.92      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                | UNITED WHOLESALE MTGE LL SR UNSECURED 144A 06/27 5.75     | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18029.20     | 0.02%             | 2027-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                                 | UNITI GROUP/CSL CAPITAL COMPANY GUAR 144A 02/29 6.5       | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $17312.25     | 0.02%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                  | CHESAPEAKE ENERGY CORP COMMON STOCK USD.01                | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |       131 | NS      | $11360.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ENLINK MIDSTREAM LLC                                    | ENLINK MIDSTREAM LLC COMPANY GUAR 144A 09/30 6.5          | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25514.25     | 0.02%             | 2030-09-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| UNIVAR SOLUTIONS USA INC                                | UNIVAR SOLUTIONS USA INC COMPANY GUAR 144A 12/27 5.125    | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18482.06     | 0.02%             | 2027-12-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| VOC ESCROW LTD SR SECURED 144A 02/28 5                  | VOC ESCROW LTD SR SECURED 144A 02/28 5                    | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     45000 | PA      | $39675.15     | 0.04%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS INC                                       | GENERAL MILLS INC COMMON STOCK USD.1                      | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      7050 | NS      | $552438.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRBUS SE                                               | AIRBUS SE COMMON STOCK EUR1.0                             | CUSIP: N/A<br>LEI: MINO79WLOO247M1IL051       | Long             | EC               | CORP              | NL        |      7250 | NS      | $908902.33    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/26 7.125             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26877.96     | 0.03%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                              | SPRINT LLC COMPANY GUAR 06/24 7.125                       | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112534.40    | 0.11%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                | GRAPHIC PACKAGING INTERN COMPANY GUAR 144A 03/29 3.5      | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17632.20     | 0.02%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| GREAT LAKES DREDGE&DOCK                                 | GREAT LAKES DREDGE+DOCK COMPANY GUAR 144A 06/29 5.25      | CUSIP: 390607AF6<br>LEI: 549300H65E3MZ1CX0P05 | Long             | DBT              | CORP              | US        |     51000 | PA      | $43070.52     | 0.04%             | 2029-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| HAWAIIAN BRAND INTELLECT                                | HAWAIIAN BRAND INTELLECT SR SECURED 144A 01/26 5.75       | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     69000 | PA      | $66025.41     | 0.06%             | 2026-01-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC                                               | BLOCK INC SR UNSECURED 03/25 0.125                        | CUSIP: N/A<br>LEI: 549300OHIIUWSTIZME52       | Long             | DBT              | CORP              | US        |    835000 | PA      | $853395.05    | 0.83%             | 2025-03-01      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                  | SUNOCO LP/FINANCE CORP COMPANY GUAR 04/30 4.5             | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $9818.27      | 0.01%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                   | HUB INTERNATIONAL LTD COMPANY GUAR 144A 05/26 7           | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66735.35     | 0.06%             | 2026-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                   | HUB INTERNATIONAL LTD SR UNSECURED 144A 12/29 5.625       | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     66000 | PA      | $59457.42     | 0.06%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| COCA-COLA CO/THE                                        | COCA COLA CO/THE COMMON STOCK USD.25                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      9474 | NS      | $580945.68    | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| TRANSOCEAN INC                                          | TRANSOCEAN INC COMPANY GUAR 12/25 4                       | CUSIP: N/A<br>LEI: DOL4HJ22ADYSIWES4H94       | Long             | DBT              | CORP              | KY        |    260000 | PA      | $400688.60    | 0.39%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                          | TRANSOCEAN INC SR SECURED 144A 02/30 8.75                 | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     23000 | PA      | $23766.59     | 0.02%             | 2030-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| CYRELA BRAZIL REALTY SA EMPREENDIMENTOS E PARTICIPACOES | CYRELA BRAZIL REALTY SA EMP COMMON STOCK                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     17700 | NS      | $52929.50     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP                                   | COSTCO WHOLESALE CORP COMMON STOCK USD.005                | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1070 | NS      | $546919.80    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG INC                                             | COUPANG INC COMMON STOCK USD.0001                         | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |      5500 | NS      | $92895.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMULUS MEDIA INC                                       | CUMULUS MEDIA INC CL A COMMON STOCK USD.01                | CUSIP: 231082801<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       310 | NS      | $2077.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINSEO OP / TRINSEO FIN                                | TRINSEO OP / TRINSEO FIN COMPANY GUAR 144A 04/29 5.125    | CUSIP: 89668QAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     21000 | PA      | $15192.66     | 0.01%             | 2029-04-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: —       |
| TRONOX INC                                              | TRONOX INC COMPANY GUAR 144A 03/29 4.625                  | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     34000 | PA      | $29120.32     | 0.03%             | 2029-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| DANAHER CORP                                            | DANAHER CORP COMMON STOCK USD.01                          | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      3900 | NS      | $1031082.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: —       |
| GRUPO FINANCIERO BANORTE SAB DE CV                      | GRUPO FINANCIERO BANORTE O COMMON STOCK MXN3.5            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     23050 | NS      | $190956.16    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TWILIO INC                                              | TWILIO INC COMPANY GUAR 03/29 3.625                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25512.90     | 0.02%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                              | TWILIO INC COMPANY GUAR 03/31 3.875                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9130.77      | 0.01%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                           | COHERENT CORP COMPANY GUAR 144A 12/29 5                   | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21065.47     | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED AIR 2019-2 B PTT                                 | UNITED AIR 2019 2 B PTT PASS THRU CE 11/29 3.5            | CUSIP: 90932KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20740 | PA      | $18632.14     | 0.02%             | 2028-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY CO/THE                                      | WALT DISNEY CO/THE COMMON STOCK USD.01                    | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      7610 | NS      | $825608.90    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                     | EP ENERGY CORP COMMON STOCK                               | CUSIP: N/A<br>LEI: 549300Z6HPQS1H5IYQ07       | Long             | EC               | CORP              | US        |       341 | NS      | $2685.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED NATURAL FOODS INC                                | UNITED NATURAL FOODS INC COMPANY GUAR 144A 10/28 6.75     | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48328.50     | 0.05%             | 2028-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: —       |
| US CELLULAR CORP                                        | US CELLULAR CORP SR UNSECURED 12/33 6.7                   | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69802.50     | 0.07%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| EMCOR GROUP INC                                         | EMCOR GROUP INC COMMON STOCK USD.01                       | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1400 | NS      | $207550.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ENDAVA PLC                                              | ENDAVA PLC  SPON ADR ADR GBP.0002                         | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |       171 | NS      | $15025.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                                         | US TREASURY N/B 06/24 2                                   | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1010000 | PA      | $974866.99    | 0.95%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                         | US TREASURY N/B 04/24 2.5                                 | CUSIP: 91282CEK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    595000 | PA      | $579671.78    | 0.56%             | 2024-04-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                   | ICAHN ENTERPRISES/FIN COMPANY GUAR 05/27 5.25             | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $37480.80     | 0.04%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                | UNITED WHOLESALE MTGE LL SR UNSECURED 144A 04/29 5.5      | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     52000 | PA      | $44790.72     | 0.04%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VECTOR GROUP LTD                                        | VECTOR GROUP LTD SR SECURED 144A 02/29 5.75               | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |     70000 | PA      | $61161.80     | 0.06%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| IEA ENERGY SERVICES LLC                                 | IEA ENERGY SERVICES LLC COMPANY GUAR 144A 08/29 6.625     | CUSIP: 45174AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49124.00     | 0.05%             | 2029-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ESC GCB INTELSAT JACKS 08/23 5.5                          | CUSIP: N/A<br>LEI: 8XJ8KF85PBKK1TLMFN29       | Long             | DBT              | CORP              | LU        |     25000 | PA      | $0.03         | 0.00%             | 2023-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP MLP                                    | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |      3045 | NS      | $40437.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS LP                         | ENTERPRISE PRODUCTS PARTNERS MLP                          | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |      1815 | NS      | $46464.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | VENTURE GLOBAL CALCASIEU SR SECURED 144A 08/31 4.125      | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8888.10      | 0.01%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | VENTURE GLOBAL CALCASIEU SR SECURED 144A 01/30 6.25       | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5099.55      | 0.00%             | 2030-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                    | JBS USA/FOOD/FINANCE COMPANY GUAR 144A 02/28 5.125        | CUSIP: 46590XAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49048.00     | 0.05%             | 2028-02-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                    | JBS USA/FOOD/FINANCE COMPANY GUAR 144A 04/33 5.75         | CUSIP: 46590XAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14775.00     | 0.01%             | 2033-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| JW ALUMINUM CONT CAST CO                                | JW ALUMINUM CONT CAST CO SR SECURED 144A 06/26 10.25      | CUSIP: 46648XAA6<br>LEI: 5493008HJ8BWQC8XAF08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40670.80     | 0.04%             | 2026-06-01      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                                     | JAZZ SECURITIES DAC SR SECURED 144A 01/29 4.375           | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $183066.00    | 0.18%             | 2029-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| META PLATFORMS INC                                      | META PLATFORMS INC CLASS A COMMON STOCK USD.000006        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2900 | NS      | $432013.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| FREEPORT-MCMORAN INC                                    | FREEPORT MCMORAN INC COMMON STOCK USD.1                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     20720 | NS      | $924526.40    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| WASTE PRO USA INC                                       | WASTE PRO USA INC SR UNSECURED 144A 02/26 5.5             | CUSIP: 94107JAA1<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32589.55     | 0.03%             | 2026-02-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                                | WEATHERFORD INTERNATIONA SR SECURED 144A 09/28 6.5        | CUSIP: 947075AT4<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     47000 | PA      | $46843.49     | 0.05%             | 2028-09-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| JELD-WEN INC                                            | JELD WEN INC COMPANY GUAR 144A 12/25 4.625                | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     62000 | PA      | $54943.78     | 0.05%             | 2025-12-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| JETBLUE 2020-1 CLASS B                                  | JETBLUE 2020 1 CLASS B PASS THRU CE 05/30 7.75            | CUSIP: 477164AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31653 | PA      | $31246.49     | 0.03%             | 2028-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KBR INC                                                 | KBR INC COMPANY GUAR 144A 09/28 4.75                      | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45659.50     | 0.04%             | 2028-09-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                    | KAISER ALUMINUM CORP COMPANY GUAR 144A 03/28 4.625        | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45766.00     | 0.04%             | 2028-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                  | WESCO DISTRIBUTION INC COMPANY GUAR 144A 06/25 7.125      | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27448.47     | 0.03%             | 2025-06-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                  | WESCO DISTRIBUTION INC COMPANY GUAR 144A 06/28 7.25       | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13380.25     | 0.01%             | 2028-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                    | KAISER ALUMINUM CORP COMPANY GUAR 144A 06/31 4.5          | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4236.65      | 0.00%             | 2031-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                                | KEN GARFF AUTOMOTIVE LLC SR UNSECURED 144A 09/28 4.875    | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $60378.50     | 0.06%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                                  | WILLIAMS SCOTSMAN INTL SR SECURED 144A 08/28 4.625        | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10201.95     | 0.01%             | 2028-08-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| XHR LP                                                  | XHR LP SR SECURED 144A 08/25 6.375                        | CUSIP: 98372MAA3<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46641.86     | 0.05%             | 2025-08-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                   | BATH + BODY WORKS INC COMPANY GUAR 11/35 6.875            | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     55000 | PA      | $50761.15     | 0.05%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                   | BATH + BODY WORKS INC COMPANY GUAR 01/27 6.694            | CUSIP: 501797AQ7<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     57000 | PA      | $57460.56     | 0.06%             | 2027-01-15      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| ZTO EXPRESS KY INC                                      | ZTO EXPRESS KY INC SR UNSECURED 144A 09/27 1.5            | CUSIP: N/A<br>LEI: 549300SCJPK3YZJTJR78       | Long             | DBT              | CORP              | KY        |    170000 | PA      | $189327.30    | 0.18%             | 2027-09-01      | Fixed         | 1.50%                 | Yes           |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP                                 | ZI TECH LLC/ZI FIN CORP COMPANY GUAR 144A 02/29 3.875     | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $43177.50     | 0.04%             | 2029-02-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| LI AUTO INC                                             | LI AUTO INC SR UNSECURED 05/28 0.25                       | CUSIP: N/A<br>LEI: 2549003R73Q70J5H4I65       | Long             | DBT              | CORP              | KY        |     58000 | PA      | $66026.62     | 0.06%             | 2028-05-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                | LADDER CAP FIN LLLP/CORP COMPANY GUAR 144A 10/25 5.25     | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     88000 | PA      | $84788.88     | 0.08%             | 2025-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SBI HOLDINGS INC                                        | SBI HOLDINGS INC SR UNSECURED REGS 09/23 0.0000           | CUSIP: N/A<br>LEI: 353800L6LMHYIPSMRQ17       | Long             | DBT              | CORP              | JP        | 170000000 | PA      | $1306400.34   | 1.27%             | 2023-09-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TECHTRONIC INDUSTRIES CO LTD                            | TECHTRONIC INDUSTRIES CO LTD COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |     12000 | NS      | $154701.39    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                                | LADDER CAP FIN LLLP/CORP COMPANY GUAR 144A 06/29 4.75     | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $18303.78     | 0.02%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VITAL ENERGY INC                                        | VITAL ENERGY INC COMPANY GUAR 01/25 9.5                   | CUSIP: 516806AF3<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23228.85     | 0.02%             | 2025-01-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BANK CENTRAL ASIA TBK PT                                | BANK CENTRAL ASIA TBK PT COMMON STOCK IDR12.5             | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |    317750 | NS      | $180325.97    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| PING AN INSURANCE GROUP CO OF CHINA LTD                 | PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0          | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |     48500 | NS      | $376733.54    | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| VITAL ENERGY INC                                        | VITAL ENERGY INC COMPANY GUAR 01/28 10.125                | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51863.24     | 0.05%             | 2028-01-15      | Fixed         | 10.12%                | No            |                  2 | On Loan: —       |
| LD HOLDINGS GROUP LLC                                   | LD HOLDINGS GROUP LLC COMPANY GUAR 144A 04/28 6.125       | CUSIP: 521088AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $41146.56     | 0.04%             | 2028-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| LI NING CO LTD                                          | LI NING CO LTD COMMON STOCK HKD.1                         | CUSIP: N/A<br>LEI: 529900T77L2FV3FZ3U81       | Long             | EC               | CORP              | KY        |     33500 | NS      | $331169.75    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SOSEI GROUP CORP                                        | SOSEI GROUP CORP COMMON STOCK                             | CUSIP: N/A<br>LEI: 2138004M62BFNJMR2Z82       | Long             | EC               | CORP              | JP        |       800 | NS      | $15153.08     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                                   | LEVEL 3 FINANCING INC SR SECURED 144A 11/29 3.875         | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     82000 | PA      | $66552.84     | 0.06%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                   | LEVEL 3 FINANCING INC COMPANY GUAR 144A 07/28 4.25        | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     45000 | PA      | $35700.30     | 0.03%             | 2028-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| JYSKE BANK A/S                                          | JYSKE BANK REG COMMON STOCK DKK10.                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | DK        |       312 | NS      | $22502.49     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SEVEN & I HOLDINGS CO LTD                               | SEVEN + I HOLDINGS CO LTD COMMON STOCK                    | CUSIP: N/A<br>LEI: 52990037G8JRM3TWGY86       | Long             | EC               | CORP              | JP        |     18000 | NS      | $849832.15    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY INTERACTIVE LLC                                 | LIBERTY INTERACTIVE LLC SR UNSECURED 02/30 8.25           | CUSIP: 530715AJ0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     45000 | PA      | $21252.15     | 0.02%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY MEDIA CORP                                      | LIBERTY MEDIA CORP SR UNSECURED 144A 08/27 2.25           | CUSIP: N/A<br>LEI: 549300ZKUTPIBZLWLL89       | Long             | DBT              | CORP              | US        |    900000 | PA      | $946647.00    | 0.92%             | 2027-08-15      | Fixed         | 2.25%                 | Yes           |                  2 | On Loan: No      |
| GULFPORT ENERGY CORP                                    | GULFPORT ENERGY CORP PREFERRED STOCK                      | CUSIP: N/A<br>LEI: 549300FJX18IDUFPHD40       | Long             | EP               | CORP              | US        |         1 | NS      | $5850.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH MOET HENNESSY LOUIS VUITTON SE                     | LVMH MOET HENNESSY LOUIS VUI COMMON STOCK EUR.3           | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |       525 | NS      | $458312.20    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BAIDU INC                                               | BAIDU INC CLASS A COMMON STOCK USD.000000625              | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |     24150 | NS      | $405962.40    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| HANA FINANCIAL GROUP INC                                | HANA FINANCIAL GROUP COMMON STOCK KRW5000.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      9430 | NS      | $374627.62    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                           | LIFE TIME INC SR SECURED 144A 01/26 5.75                  | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48392.00     | 0.05%             | 2026-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| LIFE TIME INC                                           | LIFE TIME INC COMPANY GUAR 144A 04/26 8                   | CUSIP: 53190FAC9<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     33000 | PA      | $32096.79     | 0.03%             | 2026-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: —       |
| GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV              | GRUPO AEROPORT DEL PACIFIC B COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      7450 | NS      | $128316.22    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TOTVS SA                                                | TOTVS SA COMMON STOCK                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     20910 | NS      | $123862.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HELMERICH & PAYNE INC                                   | HELMERICH + PAYNE COMMON STOCK USD.1                      | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     11400 | NS      | $552216.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| KINAXIS INC                                             | KINAXIS INC COMMON STOCK                                  | CUSIP: 49448Q109<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       237 | NS      | $27546.54     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LIGADO NETWORKS LLC                                     | LIGADO NETWORKS LLC SR SECURED 144A 11/23 15.5            | CUSIP: 53225HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35044 | PA      | $12271.01     | 0.01%             | 2023-11-01      | Fixed         | 15.50%                | Yes           |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                                | LINDBLAD EXPEDITIONS LLC SR SECURED 144A 02/27 6.75       | CUSIP: 53523LAA8<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27456.52     | 0.03%             | 2027-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AIXTRON SE                                              | AIXTRON SE COMMON STOCK NPV                               | CUSIP: N/A<br>LEI: 5299004UJ4D51M25LD67       | Long             | EC               | CORP              | DE        |      1002 | NS      | $29855.13     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MAGELLAN MIDSTREAM PARTNERS LP                          | MAGELLAN MIDSTREAM PARTNERS MLP                           | CUSIP: 559080106<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | EC               | CORP              | US        |       585 | NS      | $31239.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FORESTAR GROUP INC                                      | FORESTAR GROUP INC COMPANY GUAR 144A 05/26 3.85           | CUSIP: 346232AF8<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     21000 | PA      | $18844.35     | 0.02%             | 2026-05-15      | Fixed         | 3.85%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                 | FRONTIER COMMUNICATIONS SR SECURED 144A 05/30 8.75        | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11404.14     | 0.01%             | 2030-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| LITHIUM AMERICAS CORP                                   | LITHIUM AMERICAS CORP SR UNSECURED 01/27 1.75             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | CA        |    476000 | PA      | $415628.92    | 0.40%             | 2027-01-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                           | M/I HOMES INC COMPANY GUAR 02/30 3.95                     | CUSIP: 55305BAV3<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25274.40     | 0.02%             | 2030-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PTT EXPLORATION & PRODUCTION PCL                        | PTT EXPLORATION + PROD FOR FOREIGN SH. THB1.0 A           | CUSIP: N/A<br>LEI: 2549001O8YYGP5N7Q076       | Long             | EC               | CORP              | TH        |     37400 | NS      | $194064.90    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| KOBE BUSSAN CO LTD                                      | KOBE BUSSAN CO LTD COMMON STOCK                           | CUSIP: N/A<br>LEI: 353800CJIFNHN2DXRD59       | Long             | EC               | CORP              | JP        |       700 | NS      | $20210.22     | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| ALLY FINANCIAL INC                                      | ALLY FINANCIAL INC COMPANY GUAR 11/31 8                   | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     35000 | PA      | $38462.55     | 0.04%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER CALIFORNIA INC                                 | FRONTIER CALIFORNIA INC SR UNSECURED 05/27 6.75           | CUSIP: 362311AG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $42656.40     | 0.04%             | 2027-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIE AUTOMOTIVE SA                                       | CIE AUTOMOTIVE SA COMMON STOCK EUR.25                     | CUSIP: N/A<br>LEI: 95980020140005381252       | Long             | EC               | CORP              | ES        |       552 | NS      | $16396.92     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SIEMENS LTD                                             | SIEMENS LTD COMMON STOCK INR2.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |      1900 | NS      | $68607.18     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                                     | ALLEGIANT TRAVEL CO SR SECURED 144A 08/27 7.25            | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49083.50     | 0.05%             | 2027-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| BURCKHARDT COMPRESSION HOLDING AG                       | BURCKHARDT COMPRESSION HOLDI COMMON STOCK CHF2.5          | CUSIP: N/A<br>LEI: 5067004N56DLX7GY3E95       | Long             | EC               | CORP              | CH        |        21 | NS      | $13002.04     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IPSOS                                                   | IPSOS COMMON STOCK EUR.25                                 | CUSIP: N/A<br>LEI: 9695002OY2X35E9X8W87       | Long             | EC               | CORP              | FR        |       615 | NS      | $39856.66     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| FRONTIER FLORIDA LLC                                    | FRONTIER FLORIDA LLC SR UNSECURED 02/28 6.86              | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $60466.25     | 0.06%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| FRONTIER NORTH INC                                      | FRONTIER NORTH INC SR UNSECURED 02/28 6.73                | CUSIP: 362337AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $60191.30     | 0.06%             | 2028-02-15      | Fixed         | 6.73%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                | ALLIANT HOLD / CO ISSUER SR UNSECURED 144A 10/27 6.75     | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $103090.90    | 0.10%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                | ALLIANT HOLD / CO ISSUER SR SECURED 144A 10/27 4.25       | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9183.20      | 0.01%             | 2027-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE                                             | GAP INC/THE COMPANY GUAR 144A 10/29 3.625                 | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1539.06      | 0.00%             | 2029-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE                                             | GAP INC/THE COMPANY GUAR 144A 10/31 3.875                 | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |     16000 | PA      | $11999.52     | 0.01%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| AALBERTS NV                                             | AALBERTS NV COMMON STOCK EUR.25                           | CUSIP: N/A<br>LEI: 549300EMP9DT6Q35HZ31       | Long             | EC               | CORP              | NL        |       730 | NS      | $34516.27     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DLF LTD                                                 | DLF LTD COMMON STOCK INR2.0                               | CUSIP: N/A<br>LEI: 335800PJLUEOB8914F48       | Long             | EC               | CORP              | IN        |     22500 | NS      | $98311.96     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                      | ALLY FINANCIAL INC JR SUBORDINA 12/99 VAR                 | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     49000 | PA      | $40366.20     | 0.04%             | 2063-01-31      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 03/30 4.75       | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $43766.00     | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                   | GENESIS ENERGY LP/FIN COMPANY GUAR 05/26 6.25             | CUSIP: 37185LAK8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $41263.66     | 0.04%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                                   | GENESIS ENERGY LP/FIN SR UNSECURED 04/30 8.875            | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11186.34     | 0.01%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                                      | ENACT HOLDINGS INC SR UNSECURED 144A 08/25 6.5            | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     58000 | PA      | $57220.48     | 0.06%             | 2025-08-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL NET LEASE/GLOBAL                                 | GLOBAL NET LEASE/GLOBAL COMPANY GUAR 144A 12/27 3.75      | CUSIP: 37892AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     64000 | PA      | $54099.20     | 0.05%             | 2027-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 08/30 4.5        | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $21390.75     | 0.02%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/31 4.25       | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $38352.96     | 0.04%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                     | GO DADDY OPCO/FINCO COMPANY GUAR 144A 12/27 5.25          | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $12606.36     | 0.01%             | 2027-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                                     | GO DADDY OPCO/FINCO COMPANY GUAR 144A 03/29 3.5           | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $34650.00     | 0.03%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD                                              | GOEASY LTD COMPANY GUAR 144A 12/24 5.375                  | CUSIP: 380355AD9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $71970.75     | 0.07%             | 2024-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD                                              | GOEASY LTD COMPANY GUAR 144A 05/26 4.375                  | CUSIP: 380355AF4<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $35933.20     | 0.03%             | 2026-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| FLY LEASING LTD                                         | FLY LEASING LTD SR UNSECURED 144A 10/24 7                 | CUSIP: 14308CAA1<br>LEI: 549300LI58A0MHGHTZ98 | Long             | DBT              | CORP              | BM        |     35000 | PA      | $30522.45     | 0.03%             | 2024-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                           | CARNIVAL CORP SECURED 144A 02/26 10.5                     | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     21000 | PA      | $21988.68     | 0.02%             | 2026-02-01      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                  | GOODYEAR TIRE + RUBBER COMPANY GUAR 07/29 5               | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     32000 | PA      | $28246.08     | 0.03%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GRAHAM PACKAGING/GPC CAP                                | GRAHAM PACKAGING/GPC CAP COMPANY GUAR 144A 08/28 7.125    | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22005.50     | 0.02%             | 2028-08-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP                                           | CARNIVAL CORP SR UNSECURED 144A 03/26 7.625               | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     11000 | PA      | $10021.88     | 0.01%             | 2026-03-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: —       |
| DIAMOND SPORTS GR/DIAMON                                | DIAMOND SPORTS GR/DIAMON SECURED 144A 08/26 5.375         | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $1995.57      | 0.00%             | 2026-08-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GRANITE US HOLDINGS CORP                                | GRANITE US HOLDINGS CORP COMPANY GUAR 144A 10/27 11       | CUSIP: 38748YAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $26385.50     | 0.03%             | 2027-10-01      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| GREYSTAR REAL ESTATE PAR                                | GREYSTAR REAL ESTATE PAR SR SECURED 144A 12/25 5.75       | CUSIP: 39807UAB2<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     84000 | PA      | $83015.52     | 0.08%             | 2025-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORP                                       | DISH NETWORK CORP SR UNSECURED 03/24 2.375                | CUSIP: N/A<br>LEI: 529900U350CWHH15G169       | Long             | DBT              | CORP              | US        |    101000 | PA      | $94133.01     | 0.09%             | 2024-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                                       | DISH NETWORK CORP SR SECURED 144A 11/27 11.75             | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |     46000 | PA      | $47751.68     | 0.05%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| GUITAR CENTER INC                                       | GUITAR CENTER INC SR SECURED 144A 01/26 8.5               | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $56863.30     | 0.06%             | 2026-01-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| GULFPORT ENERGY OP CORP                                 | GULFPORT ENERGY OP CORP COMPANY GUAR 05/26 8              | CUSIP: 402635AQ9<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |     13752 | PA      | $13662.89     | 0.01%             | 2026-05-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS CORP COMPANY GUAR 07/26 7.75                     | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $33316.19     | 0.03%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS CORP COMPANY GUAR 07/28 7.375                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $21603.90     | 0.02%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LONZA GROUP AG                                          | LONZA GROUP AG REG COMMON STOCK CHF1.0                    | CUSIP: N/A<br>LEI: 549300EFW4H2TCZ71055       | Long             | EC               | CORP              | CH        |      1475 | NS      | $841400.98    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                                     | QUANTA SERVICES INC COMMON STOCK USD.00001                | CUSIP: N/A<br>LEI: SHVRXXEACT60MMH07S24       | Long             | EC               | CORP              | US        |      9500 | NS      | $1445805.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY OP CORP                                 | GULFPORT ENERGY OP CORP COMPANY GUAR 144A 05/26 8         | CUSIP: 402635AR7<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29805.60     | 0.03%             | 2026-05-17      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ESC GCB GULFPORT ENERG 05/25 FIXED 6.375                  | CUSIP: N/A<br>LEI: 549300FJX18IDUFPHD40       | Long             | DBT              | CORP              | US        |     45000 | PA      | $0.05         | 0.00%             | 2025-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS CORP COMPANY GUAR 06/29 5.125                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $12751.00     | 0.01%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                           | DISH DBS CORP SR SECURED 144A 12/26 5.25                  | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $43117.00     | 0.04%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| H&E EQUIPMENT SERVICES                                  | H+E EQUIPMENT SERVICES COMPANY GUAR 144A 12/28 3.875      | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |    101000 | PA      | $89193.10     | 0.09%             | 2028-12-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| H.B. FULLER CO                                          | H.B. FULLER CO SR UNSECURED 10/28 4.25                    | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30147.46     | 0.03%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP                                   | DUN + BRADSTREET CORP COMPANY GUAR 144A 12/29 5           | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19648.86     | 0.02%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: —       |
| EPR PROPERTIES                                          | EPR PROPERTIES SR UNSECURED 08/29 3.75                    | CUSIP: 26884UAF6<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |     34000 | PA      | $28407.34     | 0.03%             | 2029-08-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HCA INC                                                 | HCA INC COMPANY GUAR 11/33 7.5                            | CUSIP: 404119AJ8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     52000 | PA      | $57690.88     | 0.06%             | 2033-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                       | HERC HOLDINGS INC COMPANY GUAR 144A 07/27 5.5             | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62357.10     | 0.06%             | 2027-07-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                | EQM MIDSTREAM PARTNERS L SR UNSECURED 144A 06/27 7.5      | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50189.00     | 0.05%             | 2027-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| EARTHSTONE ENERGY HOL                                   | EARTHSTONE ENERGY HOL COMPANY GUAR 144A 04/27 8           | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |     64000 | PA      | $62497.28     | 0.06%             | 2027-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                                | HILCORP ENERGY I/HILCORP SR UNSECURED 144A 04/30 6        | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $46860.50     | 0.05%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                | SERVICE PROPERTIES TRUST SR UNSECURED 02/26 5.25          | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17349.00     | 0.02%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ECO MATERIAL TECH INC                                   | ECO MATERIAL TECH INC SR SECURED 144A 01/27 7.875         | CUSIP: 27900QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $31811.67     | 0.03%             | 2027-01-31      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                                  | EDGEWELL PERSONAL CARE COMPANY GUAR 144A 04/29 4.125      | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |     53000 | PA      | $46218.12     | 0.04%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                   | CAESARS ENTERTAIN INC SR SECURED 144A 07/25 6.25          | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20935.32     | 0.02%             | 2025-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                   | CAESARS ENTERTAIN INC SR UNSECURED 144A 07/27 8.125       | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21333.27     | 0.02%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: —       |
| HYPERA SA                                               | HYPERA SA COMMON STOCK                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     21205 | NS      | $193824.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| KOH YOUNG TECHNOLOGY INC                                | KOH YOUNG TECHNOLOGY INC COMMON STOCK KRW100.0            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       750 | NS      | $10524.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                | SERVICE PROPERTIES TRUST SR UNSECURED 10/24 4.35          | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61343.10     | 0.06%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                                 | HOWARD MIDSTREAM ENERGY SR UNSECURED 144A 01/27 6.75      | CUSIP: 442722AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $31241.60     | 0.03%             | 2027-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EMBARQ CORP                                             | EMBARQ CORP SR UNSECURED 06/36 7.995                      | CUSIP: 29078EAA3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     33000 | PA      | $15943.62     | 0.02%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                            | EMBECTA CORP SR SECURED 144A 02/30 5                      | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     33000 | PA      | $27211.14     | 0.03%             | 2030-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| RAYTHEON TECHNOLOGIES CORP                              | RAYTHEON TECHNOLOGIES CORP COMMON STOCK USD1.0            | CUSIP: N/A<br>LEI: I07WOS4YJ0N7YRFE7309       | Long             | EC               | CORP              | US        |      8350 | NS      | $833747.50    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE INC                                          | SALESFORCE INC COMMON STOCK USD.001                       | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      3600 | NS      | $604692.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| EMBECTA CORP                                            | EMBECTA CORP SR SECURED 144A 02/30 6.75                   | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9922.55      | 0.01%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ENBRIDGE INC                                            | ENBRIDGE INC JR SUBORDINA 01/83 VAR                       | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $25040.25     | 0.02%             | 2083-01-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                | HUGHES SATELLITE SYSTEMS SR SECURED 08/26 5.25            | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $14645.25     | 0.01%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILFC E-CAPITAL TRUST II                                 | ILFC E CAPITAL TRUST II LIMITD GUARA 144A 12/65 VAR       | CUSIP: 44965UAA2<br>LEI: N/A                  | Long             | SN               | CORP              | US        |    100000 | PA      | $67521.00     | 0.07%             | 2065-12-21      | Variable      | 6.54%                 | Yes           |                  2 | On Loan: No      |
| AT HOME GROUP INC                                       | AT HOME GROUP INC SR SECURED 144A 07/28 4.875             | CUSIP: 04650YAA8<br>LEI: 549300LGPR0P05O30I24 | Long             | DBT              | CORP              | US        |     53000 | PA      | $38768.44     | 0.04%             | 2028-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: —       |
| ENCOMPASS HEALTH CORP                                   | ENCOMPASS HEALTH CORP COMPANY GUAR 02/28 4.5              | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18690.80     | 0.02%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                                   | ENCOMPASS HEALTH CORP COMPANY GUAR 02/30 4.75             | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18356.60     | 0.02%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS                                | MPH ACQUISITION HOLDINGS COMPANY GUAR 144A 11/28 5.75     | CUSIP: 553283AC6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     50000 | PA      | $36390.50     | 0.04%             | 2028-11-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                                | MPH ACQUISITION HOLDINGS SR SECURED 144A 09/28 5.5        | CUSIP: 553283AD4<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16657.80     | 0.02%             | 2028-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                  | AVIATION CAPITAL GROUP SR UNSECURED 144A 11/27 3.5        | CUSIP: 05369AAA9<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |     48000 | PA      | $43123.68     | 0.04%             | 2027-11-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                | ENLINK MIDSTREAM PARTNER JR SUBORDINA 12/99 VAR           | CUSIP: 29336UAH0<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | EP               | CORP              | US        |     60000 | PA      | $50509.80     | 0.05%             | 2063-09-21      | Variable      | 8.96%                 | No            |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                     | ENTERCOM MEDIA CORP SECURED 144A 05/27 6.5                | CUSIP: 29365DAA7<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     27000 | PA      | $4700.97      | 0.00%             | 2027-05-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT CORP                                          | OPEN TEXT CORP COMPANY GUAR 144A 12/29 3.875              | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $13336.96     | 0.01%             | 2029-12-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL                                  | WILLIAMS SCOTSMAN INTL SR SECURED 144A 06/25 6.125        | CUSIP: 71953LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     43000 | PA      | $43213.71     | 0.04%             | 2025-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                | AVOLON HOLDINGS FNDG LTD COMPANY GUAR 144A 07/24 3.95     | CUSIP: 05401AAF8<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $29115.00     | 0.03%             | 2024-07-01      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                                | AVOLON HOLDINGS FNDG LTD SR UNSECURED 144A 01/26 5.5      | CUSIP: 05401AAK7<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     20000 | PA      | $19604.60     | 0.02%             | 2026-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AREZZO INDUSTRIA E COMERCIO SA                          | AREZZO INDUSTRIA E COMERCIO COMMON STOCK                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |       975 | NS      | $16825.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNN MACAU LTD                                          | WYNN MACAU LTD COMMON STOCK HKD.001                       | CUSIP: N/A<br>LEI: 254900NMDQ8ENTHU1I31       | Long             | EC               | CORP              | KY        |     14400 | NS      | $16481.26     | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| ENTERCOM MEDIA CORP                                     | ENTERCOM MEDIA CORP SECURED 144A 03/29 6.75               | CUSIP: 29365DAB5<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     57000 | PA      | $10243.47     | 0.01%             | 2029-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EVERI HOLDINGS INC                                      | EVERI HOLDINGS INC COMPANY GUAR 144A 07/29 5              | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |     47000 | PA      | $42564.14     | 0.04%             | 2029-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                   | BAUSCH HEALTH COS INC SR SECURED 144A 02/27 6.125         | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $10929.28     | 0.01%             | 2027-02-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                   | BAUSCH HEALTH COS INC SR SECURED 144A 09/28 11            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $74635.80     | 0.07%             | 2028-09-30      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                    | PILGRIM S PRIDE CORP COMPANY GUAR 144A 09/27 5.875        | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44681.85     | 0.04%             | 2027-09-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                    | PILGRIM S PRIDE CORP COMPANY GUAR 144A 04/31 4.25         | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30382.80     | 0.03%             | 2031-04-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                         | FAIR ISAAC CORP SR UNSECURED 144A 06/28 4                 | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     26000 | PA      | $24174.02     | 0.02%             | 2028-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                                  | FERTITTA ENTERTAINMENT SR SECURED 144A 01/29 4.625        | CUSIP: 31556TAA7<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |     23000 | PA      | $20315.21     | 0.02%             | 2029-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PLAINS ALL AMERICAN PIPE                                | PLAINS ALL AMERICAN PIPE JR SUBORDINA 12/99 VAR           | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | EP               | CORP              | US        |     50000 | PA      | $45244.00     | 0.04%             | 2063-10-10      | Variable      | 8.99%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                 | QVC INC SR SECURED 08/34 5.45                             | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     20000 | PA      | $11827.00     | 0.01%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                   | BAUSCH HEALTH COS INC SECURED 144A 10/30 14               | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     16000 | PA      | $10333.92     | 0.01%             | 2030-10-15      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| BEACON ROOFING SUPPLY IN                                | BEACON ROOFING SUPPLY IN COMPANY GUAR 144A 05/29 4.125    | CUSIP: 073685AH2<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     34000 | PA      | $29318.20     | 0.03%             | 2029-05-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| QVC INC                                                 | QVC INC SR SECURED 09/28 4.375                            | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     39000 | PA      | $25075.05     | 0.02%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | ROCKETMTGE CO ISSUER INC COMPANY GUAR 144A 03/29 3.625    | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16900.40     | 0.02%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| BEASLEY MEZ HLDGS LLC                                   | BEASLEY MEZ HLDGS LLC SR SECURED 144A 02/26 8.625         | CUSIP: 07403VAA7<br>LEI: 549300VK8LJV1TK18D38 | Long             | DBT              | CORP              | US        |     33000 | PA      | $21582.00     | 0.02%             | 2026-02-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL                                 | BIOMARIN PHARMACEUTICAL SR SUBORDINA 08/24 0.599          | CUSIP: N/A<br>LEI: NSLL8ITTRR0J5HEMR848       | Long             | DBT              | CORP              | US        |    437000 | PA      | $482836.93    | 0.47%             | 2024-08-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: —       |
| FERTITTA ENTERTAINMENT                                  | FERTITTA ENTERTAINMENT COMPANY GUAR 144A 01/30 6.75       | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37409.40     | 0.04%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                      | FORD MOTOR COMPANY SR UNSECURED 03/26 0.00000             | CUSIP: N/A<br>LEI: 20S05OYHG0MQM4VUIC57       | Long             | DBT              | CORP              | US        |   3160000 | PA      | $3217259.20   | 3.12%             | 2026-03-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | ROCKETMTGE CO ISSUER INC COMPANY GUAR 144A 03/31 3.875    | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $16325.00     | 0.02%             | 2031-03-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| RITE AID CORP                                           | RITE AID CORP SR SECURED 144A 11/26 8                     | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |    111000 | PA      | $62023.47     | 0.06%             | 2026-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| AIA GROUP LTD                                           | AIA GROUP LTD COMMON STOCK                                | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |    116000 | NS      | $1311686.77   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                         | SANDS CHINA LTD COMMON STOCK USD.01                       | CUSIP: N/A<br>LEI: 549300EVO6UZDGY05787       | Long             | EC               | CORP              | KY        |     64000 | NS      | $240005.46    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                                 | BOOZ ALLEN HAMILTON INC COMPANY GUAR 144A 07/29 4         | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |     21000 | PA      | $18881.94     | 0.02%             | 2029-07-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| BRITISH AIR 21-1 B PTT                                  | BRITISH AIR 21 1 B PTT PASS THRU CE 144A 03/33 3.9        | CUSIP: 11042CAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     47926 | PA      | $40978.93     | 0.04%             | 2031-09-15      | Fixed         | 3.90%                 | Yes           |                  2 | On Loan: No      |
| ROCKCLIFF ENERGY II LLC                                 | ROCKCLIFF ENERGY II LLC SR UNSECURED 144A 10/29 5.5       | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38137.20     | 0.04%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                                | ROCKETMTGE CO ISSUER INC COMPANY GUAR 144A 10/26 2.875    | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8930.00      | 0.01%             | 2026-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                                | BROADSTREET PARTNERS INC SR UNSECURED 144A 04/29 5.875    | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |     88000 | PA      | $77791.12     | 0.08%             | 2029-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                | BROOKFIELD PPTY REIT INC SR SECURED 144A 05/26 5.75       | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $52827.04     | 0.05%             | 2026-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP                                     | SVB FINANCIAL GROUP JR SUBORDINA 12/99 VAR                | CUSIP: 78486QAJ0<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8043.80      | 0.01%             | 2063-01-31      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                | BROOKFIELD PPTY REIT INC SR SECURED 144A 04/27 4.5        | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $75060.95     | 0.07%             | 2027-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                     | BUCKEYE PARTNERS LP SR UNSECURED 11/43 5.85               | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19234.75     | 0.02%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ZHONGSHENG GROUP HOLDINGS LTD                           | ZHONGSHENG GROUP HOLDINGS COMMON STOCK HKD.0001           | CUSIP: N/A<br>LEI: 3003005VYMEBAJNJ2Y26       | Long             | EC               | CORP              | KY        |     23000 | NS      | $130138.28    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| RAIA DROGASIL SA                                        | RAIA DROGASIL SA COMMON STOCK                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     19550 | NS      | $95626.05     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BUCKEYE PARTNERS LP                                     | BUCKEYE PARTNERS LP SR UNSECURED 12/26 3.95               | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36747.20     | 0.04%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/32 4.75       | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $18718.26     | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SCHLUMBERGER LTD                                        | SCHLUMBERGER LTD COMMON STOCK USD.01                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      3975 | NS      | $226495.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SCRIPPS ESCROW II INC SR UNSECURED 144A 01/31 5.375     | SCRIPPS ESCROW II INC SR UNSECURED 144A 01/31 5.375       | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $8883.71      | 0.01%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 09/29 6.375      | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48293.50     | 0.05%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP.                                    | ENTERCOM MEDIA CORP 2019 TERM LOAN                        | CUSIP: 12506KAE9<br>LEI: 549300S5JUSXRHNCHD80 | Long             | LON              | CORP              | US        |     43000 | PA      | $31004.72     | 0.03%             | 2024-11-17      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                      | FORD MOTOR COMPANY SR UNSECURED 08/32 6.1                 | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88408.80     | 0.09%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                 | MACY S RETAIL HLDGS LLC COMPANY GUAR 02/43 4.3            | CUSIP: 55616XAJ6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     25000 | PA      | $15525.75     | 0.02%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| BLOOMBERRY RESORTS CORP                                 | BLOOMBERRY RESORTS CORP COMMON STOCK PHP1.                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |   1283300 | NS      | $217102.81    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| SAGE GROUP PLC/THE                                      | SAGE GROUP PLC/THE COMMON STOCK GBP.01051948              | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |      2000 | NS      | $19215.34     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CDI ESCROW ISSUER INC SR UNSECURED 144A 04/30 5.75      | CDI ESCROW ISSUER INC SR UNSECURED 144A 04/30 5.75        | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $20876.68     | 0.02%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                | CHS/COMMUNITY HEALTH SYS SR SECURED 144A 03/26 8          | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58337.40     | 0.06%             | 2026-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SEALED AIR CORP                                         | SEALED AIR CORP SR UNSECURED 144A 02/28 6.125             | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35339.50     | 0.03%             | 2028-02-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                                | SENSATA TECHNOLOGIES INC COMPANY GUAR 144A 02/31 3.75     | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34240.40     | 0.03%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                 | MACY S RETAIL HLDGS LLC SR SECURED 144A 07/34 6.7         | CUSIP: 55617LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $38908.64     | 0.04%             | 2034-07-15      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                     | MEDLINE BORROWER LP SR SECURED 144A 04/29 3.875           | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     55000 | PA      | $47108.60     | 0.05%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                | CHS/COMMUNITY HEALTH SYS SECURED 144A 04/29 6.875         | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     25000 | PA      | $15835.00     | 0.02%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                | CHS/COMMUNITY HEALTH SYS SECURED 144A 04/30 6.125         | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     88000 | PA      | $53467.04     | 0.05%             | 2030-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS INC                                     | SHIFT4 PAYMENTS INC SR UNSECURED 12/25 0.00000            | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    692000 | PA      | $740972.84    | 0.72%             | 2025-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                                     | SILGAN HOLDINGS INC COMPANY GUAR 02/28 4.125              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |     56000 | PA      | $52395.28     | 0.05%             | 2028-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                | CHS/COMMUNITY HEALTH SYS SR SECURED 144A 05/30 5.25       | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4038.25      | 0.00%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                        | CSC HOLDINGS LLC COMPANY GUAR 144A 04/27 5.5              | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176310.00    | 0.17%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NEXTAGE CO LTD                                          | NEXTAGE CO LTD COMMON STOCK                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       500 | NS      | $11246.57     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| KEYWORDS STUDIOS PLC                                    | KEYWORDS STUDIOS PLC COMMON STOCK GBP.0001                | CUSIP: N/A<br>LEI: 2138007VR9ZYCWS7VE12       | Long             | EC               | CORP              | GB        |       627 | NS      | $22022.37     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                     | MEDLINE BORROWER LP SR UNSECURED 144A 10/29 5.25          | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |     53000 | PA      | $44545.97     | 0.04%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| NCR CORP                                                | NCR CORP COMPANY GUAR 144A 04/29 5.125                    | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19162.22     | 0.02%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                   | CAESARS ENTERTAIN INC SR UNSECURED 144A 10/29 4.625       | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     28000 | PA      | $23941.96     | 0.02%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: —       |
| CALLON PETROLEUM CO                                     | CALLON PETROLEUM CO COMPANY GUAR 144A 06/30 7.5           | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58119.60     | 0.06%             | 2030-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| STEADFAST GROUP LTD                                     | STEADFAST GROUP LTD COMMON STOCK                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |      4940 | NS      | $18353.01     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| VARUN BEVERAGES LTD                                     | VARUN BEVERAGES LTD COMMON STOCK INR10.0                  | CUSIP: N/A<br>LEI: 33580058NWEMWBDNMD48       | Long             | EC               | CORP              | IN        |      8155 | NS      | $114901.78    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                       | NEWELL BRANDS INC SR UNSECURED 09/27 6.375                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10066.20     | 0.01%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                       | NEWELL BRANDS INC SR UNSECURED 09/29 6.625                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6088.92      | 0.01%             | 2029-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| SIMMONS FOOD INC/SIMMONS                                | SIMMONS FOOD INC/SIMMONS SECURED 144A 03/29 4.625         | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $53512.20     | 0.05%             | 2029-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                | SINCLAIR TELEVISION GROU COMPANY GUAR 144A 03/30 5.5      | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15973.60     | 0.02%             | 2030-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| NORDSTROM INC                                           | NORDSTROM INC SR UNSECURED 01/44 5                        | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     20000 | PA      | $13478.80     | 0.01%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                           | NORDSTROM INC SR UNSECURED 08/31 4.25                     | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     23000 | PA      | $17319.46     | 0.02%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR LP                                           | CEDAR FAIR LP COMPANY GUAR 07/29 5.25                     | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |     39000 | PA      | $35955.27     | 0.03%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC                                | FORD MOTOR CREDIT CO LLC SR UNSECURED 02/28 2.9           | CUSIP: 345397B51<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173092.00    | 0.17%             | 2028-02-16      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                                | SINCLAIR TELEVISION GROU SR SECURED 144A 12/30 4.125      | CUSIP: 829259BA7<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     33000 | PA      | $26272.62     | 0.03%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                     | SIRIUS XM RADIO INC COMPANY GUAR 144A 07/29 5.5           | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61070.10     | 0.06%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                | NORTHERN OIL AND GAS INC SR UNSECURED 144A 04/29 3.625    | CUSIP: N/A<br>LEI: OKFF0PIZDDMNH4UCYE51       | Long             | DBT              | CORP              | US        |    367000 | PA      | $419396.59    | 0.41%             | 2029-04-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC                                         | GEN DIGITAL INC COMPANY GUAR 144A 09/30 7.125             | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25402.25     | 0.02%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                      | FORESTAR GROUP INC COMPANY GUAR 144A 03/28 5              | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33420.62     | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                 | FRONTIER COMMUNICATIONS SR SECURED 144A 05/28 5           | CUSIP: 35906ABF4<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |     28000 | PA      | $25433.52     | 0.02%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PLC                               | BANK OF IRELAND GROUP PLC COMMON STOCK EUR1.0             | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |      5970 | NS      | $63782.54     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| VENUSTECH GROUP INC                                     | VENUSTECH GROUP INC A COMMON STOCK CNY1.0                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     30300 | NS      | $134122.21    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                                  | MIWD HLDCO II/MIWD FIN COMPANY GUAR 144A 02/30 5.5        | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $41661.50     | 0.04%             | 2030-02-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                                 | MACY S RETAIL HLDGS LLC COMPANY GUAR 144A 03/30 5.875     | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $24732.27     | 0.02%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NOVELIS CORP                                            | NOVELIS CORP COMPANY GUAR 144A 01/30 4.75                 | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |     52000 | PA      | $47586.76     | 0.05%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                                    | OI EUROPEAN GROUP BV COMPANY GUAR 144A 02/30 4.75         | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     15000 | PA      | $13498.35     | 0.01%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                     | SIRIUS XM RADIO INC COMPANY GUAR 144A 07/28 4             | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     33000 | PA      | $29379.57     | 0.03%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                     | SIRIUS XM RADIO INC COMPANY GUAR 144A 09/26 3.125         | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18052.60     | 0.02%             | 2026-09-01      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| BYD CO LTD                                              | BYD CO LTD  A COMMON STOCK CNY1.0                         | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |      3400 | NS      | $145230.29    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPASS GROUP PLC                                       | COMPASS GROUP PLC COMMON STOCK GBP.1105                   | CUSIP: N/A<br>LEI: 2138008M6MH9OZ6U2T68       | Long             | EC               | CORP              | GB        |     28800 | NS      | $687974.49    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| MAGNOLIA OIL GAS/MAG FIN                                | MAGNOLIA OIL GAS/MAG FIN COMPANY GUAR 144A 08/26 6        | CUSIP: 559665AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     44000 | PA      | $42624.56     | 0.04%             | 2026-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                     | MALLINCKRODT FIN/SB SECURED 144A 06/29 10                 | CUSIP: 561233AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     18000 | PA      | $10349.82     | 0.01%             | 2029-06-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| ABCAM PLC                                               | ABCAM PLC SPON ADR ADR GBP.002                            | CUSIP: N/A<br>LEI: 213800B9N83DSNT33F79       | Long             | EC               | CORP              | GB        |      1665 | NS      | $23093.55     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                            | ALPHABET INC CL A COMMON STOCK USD.001                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     32000 | NS      | $3162880.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: —       |
| MARRIOTT VACATION WORLDW                                | MARRIOTT VACATION WORLDW COMPANY GUAR 01/26 0.00000       | CUSIP: N/A<br>LEI: 549300WA6BT5H4F7IO94       | Long             | DBT              | CORP              | US        |    685000 | PA      | $740252.10    | 0.72%             | 2026-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MASTEC INC                                              | MASTEC INC COMPANY GUAR 144A 08/28 4.5                    | CUSIP: 576323AP4<br>LEI: 549300TMDIT8WREDOF45 | Long             | DBT              | CORP              | US        |     21000 | PA      | $19479.81     | 0.02%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ALTICE USA INC                                          | ALTICE USA INC  A COMMON STOCK USD.01                     | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |       925 | NS      | $4532.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                          | AMAZON.COM INC COMMON STOCK USD.01                        | CUSIP: N/A<br>LEI: ZXTILKJKG63JELOEG630       | Long             | EC               | CORP              | US        |     25200 | NS      | $2598876.00   | 2.52%             |  |  |  | No            |                  1 | On Loan: —       |
| MATCH GROUP HLD II LLC                                  | MATCH GROUP HLD II LLC SR UNSECURED 144A 10/31 3.625      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |     22000 | PA      | $17677.00     | 0.02%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| MERCER INTL INC                                         | MERCER INTL INC SR UNSECURED 02/29 5.125                  | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |     46000 | PA      | $39404.52     | 0.04%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| YIHAI INTERNATIONAL HOLDING LTD                         | YIHAI INTERNATIONAL HOLDING COMMON STOCK USD.00001        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     40000 | NS      | $142338.38    | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| HINDUSTAN AERONAUTICS LTD                               | HINDUSTAN AERONAUTICS LTD COMMON STOCK INR10.0            | CUSIP: N/A<br>LEI: 335800AKDC7T933T3I86       | Long             | EC               | CORP              | IN        |      4570 | NS      | $143503.31    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO PLC                            | BRITISH AMERICAN TOBACCO PLC COMMON STOCK GBP.25          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |     20850 | NS      | $799259.66    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC                                               | APPLE INC COMMON STOCK USD.00001                          | CUSIP: N/A<br>LEI: HWUPKR0MPOU8FGXBT394       | Long             | EC               | CORP              | US        |     16095 | NS      | $2322347.55   | 2.25%             |  |  |  | No            |                  1 | On Loan: —       |
| METLIFE INC                                             | METLIFE INC JR SUBORDINA 12/66 6.4                        | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102522.00    | 0.10%             | 2036-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                                 | MIDAS OPCO HOLDINGS LLC COMPANY GUAR 144A 08/29 5.625     | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $30713.90     | 0.03%             | 2029-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                     | SIRIUS XM RADIO INC COMPANY GUAR 144A 09/31 3.875         | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9061.58      | 0.01%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| DELTA AIR LINES/SKYMILES                                | DELTA AIR LINES/SKYMILES SR SECURED 144A 10/28 4.75       | CUSIP: 830867AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $10703.44     | 0.01%             | 2028-10-20      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| AUTOMATIC DATA PROCESSING INC                           | AUTOMATIC DATA PROCESSING COMMON STOCK USD.1              | CUSIP: N/A<br>LEI: HGBOLILQXWER4SAL2I23       | Long             | EC               | CORP              | US        |      2470 | NS      | $557750.70    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| B RILEY FINANCIAL INC                                   | B RILEY FINANCIAL INC PREFERRED STOCK 08/28 5.25          | CUSIP: 05580M819<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1082 | NS      | $22981.68     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD                  | CONTEMPORARY AMPEREX TECHN A COMMON STOCK CNY1.0          | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |      1300 | NS      | $90175.24     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAZLEY PLC                                             | BEAZLEY PLC COMMON STOCK GBP.05                           | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |      4750 | NS      | $39089.64     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                                | MIDWEST GMNG BOR/MWG FIN SR SECURED 144A 05/29 4.875      | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $48699.75     | 0.05%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| MILEAGE PLUS HOLDINGS LLC                               | MILEAGE PLUS HOLDINGS LLC 2020 TERM LOAN B                | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     40500 | PA      | $42294.76     | 0.04%             | 2027-06-20      | Floating      | 10.10%                | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                                    | BANK OF AMERICA CORP COMMON STOCK USD.01                  | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EC               | CORP              | US        |     53325 | NS      | $1891971.00   | 1.84%             |  |  |  | No            |                  1 | On Loan: —       |
| PEARSON PLC                                             | PEARSON PLC COMMON STOCK GBP.25                           | CUSIP: N/A<br>LEI: 2138004JBXWWJKIURC57       | Long             | EC               | CORP              | GB        |      1465 | NS      | $16707.12     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                                    | SONIC AUTOMOTIVE INC COMPANY GUAR 144A 11/29 4.625        | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41620.00     | 0.04%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: —       |
| SOUTHWESTERN ENERGY CO                                  | SOUTHWESTERN ENERGY CO COMPANY GUAR 02/29 5.375           | CUSIP: 845467AR0<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18814.20     | 0.02%             | 2029-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AU                                | MOHEGAN TRIBAL GAMING AU SECURED 144A 02/26 8             | CUSIP: 608328BH2<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |     58000 | PA      | $55006.04     | 0.05%             | 2026-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MOOG INC                                                | MOOG INC COMPANY GUAR 144A 12/27 4.25                     | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |     33000 | PA      | $30635.22     | 0.03%             | 2027-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| YTO EXPRESS GROUP CO LTD                                | YTO EXPRESS GROUP CO LTD A COMMON STOCK CNY1.0            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     49000 | NS      | $152560.20    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MUNTERS GROUP AB                                        | MUNTERS GROUP AB COMMON STOCK SEK.03                      | CUSIP: N/A<br>LEI: 549300KYCB37YAVUV523       | Long             | EC               | CORP              | SE        |      5080 | NS      | $48707.59     | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BARRICK GOLD CORP                                       | BARRICK GOLD CORP COMMON STOCK                            | CUSIP: N/A<br>LEI: 0O4KBQCJZX82UKGCBV73       | Long             | EC               | CORP              | CA        |     51125 | NS      | $999791.44    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                                | LLOYDS BANKING GROUP PLC COMMON STOCK GBP.1               | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |   1170000 | NS      | $761430.59    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HLD                                | MOSS CREEK RESOURCES HLD COMPANY GUAR 144A 01/26 7.5      | CUSIP: 61965RAA3<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23118.25     | 0.02%             | 2026-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HLD                                | MOSS CREEK RESOURCES HLD COMPANY GUAR 144A 05/27 10.5     | CUSIP: 61965RAB1<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24312.00     | 0.02%             | 2027-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| AON PLC                                                 | AON PLC CLASS A COMMON STOCK                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      3000 | NS      | $956040.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCOS DORADOS HOLDINGS INC                              | ARCOS DORADOS HOLDINGS INC A COMMON STOCK                 | CUSIP: N/A<br>LEI: 54930023P2MIZN13DQ85       | Long             | EC               | CORP              | VG        |     23950 | NS      | $203575.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DECHRA PHARMACEUTICALS PLC                              | DECHRA PHARMACEUTICALS PLC COMMON STOCK GBP.01            | CUSIP: N/A<br>LEI: 213800J4UVB5OWG8VX82       | Long             | EC               | CORP              | GB        |       385 | NS      | $13654.46     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASTRAZENECA PLC                                         | ASTRAZENECA PLC COMMON STOCK USD.25                       | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |      6125 | NS      | $802451.29    | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                  | NATIONSTAR MTG HLD INC COMPANY GUAR 144A 08/28 5.5        | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $52485.60     | 0.05%             | 2028-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP                                            | NAVIENT CORP SR UNSECURED 03/27 5                         | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     95000 | PA      | $86848.05     | 0.08%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LTD                          | CANADIAN NATURAL RESOURCES COMMON STOCK                   | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     21400 | NS      | $1313545.53   | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| CANADIAN PACIFIC RAILWAY LTD                            | CANADIAN PACIFIC RAILWAY LTD COMMON STOCK                 | CUSIP: 13645T100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      8775 | NS      | $692608.70    | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| ACCENTURE PLC                                           | ACCENTURE PLC CL A COMMON STOCK USD.0000225               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      3260 | NS      | $909703.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MALLINCKRODT PLC                                        | MALLINCKRODT PLC COMMON STOCK                             | CUSIP: N/A<br>LEI: 549300LMDE3RUP8Z3L60       | Long             | EC               | CORP              | IE        |       657 | NS      | $4927.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                                            | NAVIENT CORP SR UNSECURED 03/28 4.875                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44297.50     | 0.04%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                             | NETFLIX INC SR UNSECURED 04/28 4.875                      | CUSIP: 64110LAS5<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25006.25     | 0.02%             | 2028-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                  | SOUTHWESTERN ENERGY CO COMPANY GUAR 03/30 5.375           | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     32000 | PA      | $29843.84     | 0.03%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                                  | SOUTHWESTERN ENERGY CO COMPANY GUAR 02/32 4.75            | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |     21000 | PA      | $18526.83     | 0.02%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CES ENERGY SOLUTIONS CORP                               | CES ENERGY SOLUTIONS CORP COMMON STOCK                    | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |     18935 | NS      | $41269.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| CHEVRON CORP                                            | CHEVRON CORP COMMON STOCK USD.75                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8810 | NS      | $1533116.20   | 1.49%             |  |  |  | No            |                  1 | On Loan: —       |
| NETFLIX INC                                             | NETFLIX INC SR UNSECURED 144A 06/30 4.875                 | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39650.40     | 0.04%             | 2030-06-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                 | NEW FORTRESS ENERGY INC SR SECURED 144A 09/25 6.75        | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $38422.80     | 0.04%             | 2025-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MCDERMOTT INTERNATIONAL LTD                             | MCDERMOTT INTERNATIONAL LTD MCDERMOTT INTER TR A   CW27   | CUSIP: N/A<br>LEI: 54930004RAXI4B3L4752       | N/A              | DE               | CORP              | BM        |      2347 | NS      | $0.23         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC                                              | HUMANA INC COMMON STOCK USD.1666666                       | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1630 | NS      | $834071.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| LECTRA                                                  | LECTRA COMMON STOCK EUR1.0                                | CUSIP: N/A<br>LEI: 9695000KWQEBUDT6IO19       | Long             | EC               | CORP              | FR        |      1060 | NS      | $44146.09     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                 | NEW FORTRESS ENERGY INC SR SECURED 144A 09/26 6.5         | CUSIP: 644393AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22000 | PA      | $20332.40     | 0.02%             | 2026-09-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC                                         | GEN DIGITAL INC COMPANY GUAR 144A 09/27 6.75              | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25385.25     | 0.02%             | 2027-09-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| SPANISH BROADCASTING SYS                                | SPANISH BROADCASTING SYS SR SECURED 144A 03/26 9.75       | CUSIP: 846425AQ9<br>LEI: 5493005DKYB1X4C9LH64 | Long             | DBT              | CORP              | US        |     20000 | PA      | $11825.00     | 0.01%             | 2026-03-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| SPEEDWAY MOT/SPEEDWAY FD                                | SPEEDWAY MOT/SPEEDWAY FD SR UNSECURED 144A 11/27 4.875    | CUSIP: 84779MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36000 | PA      | $33818.40     | 0.03%             | 2027-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                   | ON SEMICONDUCTOR CORP COMPANY GUAR 144A 09/28 3.875       | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     34000 | PA      | $31050.16     | 0.03%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| 1375209 BC LTD                                          | 1375209 BC LTD SR SECURED 144A 01/28 9                    | CUSIP: 68251PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     52000 | PA      | $51862.72     | 0.05%             | 2028-01-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ICICI BANK LTD                                          | ICICI BANK LTD SPON ADR ADR                               | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |      9210 | NS      | $191844.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INFOSYS LTD                                             | INFOSYS LTD SP ADR ADR                                    | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |       760 | NS      | $14288.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| OPEN TEXT CORP                                          | OPEN TEXT CORP COMPANY GUAR 144A 02/28 3.875              | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     39000 | PA      | $33937.41     | 0.03%             | 2028-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| INTUIT INC                                              | INTUIT INC COMMON STOCK USD.01                            | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      1780 | NS      | $752352.60    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO SENIOR LOAN ETF                                 | INVESCO SENIOR LOAN ETF INVESCO SENIOR LOAN ETF           | CUSIP: 46138G508<br>LEI: 549300SIHU6DQELRNG59 | Long             | EC               | RF                | US        |     45865 | NS      | $968210.15    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES MSCI SAUDI ARABIA ETF                           | ISHARES MSCI SAUDI ARABIA ETF ISHRS MSCI SAUDI ARABIA ETF | CUSIP: 46434V423<br>LEI: 5493009ECCCKLHXZG696 | Long             | EC               | RF                | US        |      6150 | NS      | $241141.50    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| ITAU UNIBANCO HOLDING SA                                | ITAU UNIBANCO H SPON PRF ADR ADR                          | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |     37925 | NS      | $188866.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                     | JPMORGAN CHASE + CO COMMON STOCK USD1.0                   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     10325 | NS      | $1445087.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER ELECTRIC SE                                   | SCHNEIDER ELECTRIC SE COMMON STOCK EUR4.0                 | CUSIP: N/A<br>LEI: 969500A1YF1XUYYXS284       | Long             | EC               | CORP              | FR        |      8600 | NS      | $1395053.69   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                | SPIRIT LOYALTY KY LTD/IP SR SECURED 144A 09/25 8          | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     33800 | PA      | $34504.39     | 0.03%             | 2025-09-20      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                                | SPIRIT LOYALTY KY LTD/IP SR SECURED 144A 09/25 8          | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     30000 | PA      | $30714.60     | 0.03%             | 2025-09-20      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| DUERR AG                                                | DUERR AG COMMON STOCK                                     | CUSIP: N/A<br>LEI: 5299003APZ54EDTSRO20       | Long             | EC               | CORP              | DE        |      1060 | NS      | $40443.13     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERPUMP GROUP SPA                                     | INTERPUMP GROUP SPA COMMON STOCK EUR.52                   | CUSIP: N/A<br>LEI: 815600C79D0F31F4D395       | Long             | EC               | CORP              | IT        |       567 | NS      | $29568.99     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                    | LAS VEGAS SANDS CORP COMMON STOCK USD.001                 | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |     17200 | NS      | $1014800.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| ISHARES MSCI SOUTH KOREA ETF                            | ISHARES MSCI SOUTH KOREA ETF APR23 64 CALL                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       260 | NC      | $72150.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STANTEC INC                                             | STANTEC INC COMMON STOCK                                  | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |       760 | NS      | $39617.90     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| STATION CASINOS LLC                                     | STATION CASINOS LLC COMPANY GUAR 144A 02/28 4.5           | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81100.80     | 0.08%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ANA HOLDINGS INC                                        | ANA HOLDINGS INC SR UNSECURED REGS 12/31 0.0000           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | JP        |  70000000 | PA      | $586620.06    | 0.57%             | 2031-12-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                          | STERICYCLE INC COMPANY GUAR 144A 01/29 3.875              | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31150.00     | 0.03%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| STL HOLDING CO LLC                                      | STL HOLDING CO LLC SR UNSECURED 144A 02/26 7.5            | CUSIP: 861036AA9<br>LEI: 984500BC2I63E7F48656 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30921.10     | 0.03%             | 2026-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                    | TTM TECHNOLOGIES INC COMPANY GUAR 144A 03/29 4            | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52449.00     | 0.05%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD               | TAIWAN SEMICONDUCTOR SP ADR ADR                           | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      6890 | NS      | $638909.70    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON COMM                                    | TAYLOR MORRISON COMM COMPANY GUAR 144A 01/28 5.75         | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30106.89     | 0.03%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                                  | TELECOM ITALIA CAPITAL COMPANY GUAR 09/34 6               | CUSIP: 87927VAM0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     35000 | PA      | $28127.40     | 0.03%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                | TELESAT CANADA/TELESAT L SR SECURED 144A 06/27 4.875      | CUSIP: 87952VAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     42000 | PA      | $19329.66     | 0.02%             | 2027-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                    | TENCENT HOLDINGS LTD UNS ADR ADR HKD.00002                | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     15060 | NS      | $734175.00    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORP                                   | TENET HEALTHCARE CORP SR UNSECURED 11/31 6.875            | CUSIP: 88033GAV2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64886.50     | 0.06%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                   | TENET HEALTHCARE CORP 02/27 6.25                          | CUSIP: 88033GCX6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117714.00    | 0.11%             | 2027-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                                | TEAM HEALTH HOLDINGS INC COMPANY GUAR 144A 02/25 6.375    | CUSIP: 88047PAA2<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |     62000 | PA      | $41434.60     | 0.04%             | 2025-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                                | TERRAFORM POWER OPERATIN COMPANY GUAR 144A 01/28 5        | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61160.45     | 0.06%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                                   | CMG MEDIA CORPORATION COMPANY GUAR 144A 12/27 8.875       | CUSIP: 88146LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $7837.20      | 0.01%             | 2027-12-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                 | TEVA PHARMACEUTICALS NE COMPANY GUAR 10/26 3.15           | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    190000 | PA      | $170568.70    | 0.17%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                                | VENTURE GLOBAL CALCASIEU SR SECURED 144A 08/29 3.875      | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8930.00      | 0.01%             | 2029-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                                | WEATHERFORD INTERNATIONA COMPANY GUAR 144A 04/30 8.625    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $30276.30     | 0.03%             | 2030-04-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| TIME WARNER CABLE LLC                                   | TIME WARNER CABLE LLC SR SECURED 07/38 7.3                | CUSIP: 88732JAN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $16131.15     | 0.02%             | 2038-07-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                           | TRANSDIGM INC SR SECURED 144A 03/26 6.25                  | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97063.05     | 0.09%             | 2026-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC                                           | TRANSDIGM INC COMPANY GUAR 03/27 7.5                      | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60512.40     | 0.06%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                  | UNITEDHEALTH GROUP INC COMMON STOCK USD.01                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      1645 | NS      | $821167.55    | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| VERTIV GROUP CORPORATION                                | VERTIV GROUP CORPORATION SR SECURED 144A 11/28 4.125      | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |     44000 | PA      | $38388.68     | 0.04%             | 2028-11-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                     | VIAVI SOLUTIONS INC COMPANY GUAR 144A 10/29 3.75          | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |     55000 | PA      | $48009.50     | 0.05%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                        | PARAMOUNT GLOBAL JR SUBORDINA 03/62 VAR                   | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19164.64     | 0.02%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                      | VIKING CRUISES LTD SR SECURED 144A 05/25 13               | CUSIP: 92676XAE7<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     13000 | PA      | $13797.29     | 0.01%             | 2025-05-15      | Fixed         | 13.00%                | Yes           |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                  | CHESAPEAKE ENERGY CORP COMPANY GUAR 144A 04/29 6.75       | CUSIP: 92735LAA0<br>LEI: 254900PNIMG4CPJH6R25 | Long             | DBT              | CORP              | US        |     32000 | PA      | $31604.16     | 0.03%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| VISTA OUTDOOR INC                                       | VISTA OUTDOOR INC COMPANY GUAR 144A 03/29 4.5             | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |     50000 | PA      | $40540.00     | 0.04%             | 2029-03-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| VISTRA CORP                                             | VISTRA CORP JR SUBORDINA 144A VAR                         | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24526.25     | 0.02%             | 2063-01-31      | Variable      | 8.00%                 | Yes           |                  2 | On Loan: No      |
| VISTRA CORP                                             | VISTRA CORP JR SUBORDINA 144A 12/99 VAR                   | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18876.00     | 0.02%             | 2063-01-31      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| W & T OFFSHORE INC                                      | W + T OFFSHORE INC SECURED 144A 11/23 9.75                | CUSIP: 92922PAL0<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40036.00     | 0.04%             | 2023-11-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                                    | WABASH NATIONAL CORP COMPANY GUAR 144A 10/28 4.5          | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |     46000 | PA      | $40556.36     | 0.04%             | 2028-10-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MCDERMOTT INTERNATIONAL LTD                             | MCDERMOTT INTERNATIONAL LTD MCDERMOTT INTER TR B   CW27   | CUSIP: N/A<br>LEI: 54930004RAXI4B3L4752       | N/A              | DE               | CORP              | BM        |      2607 | NS      | $0.26         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                                          | TECHNIPFMC PLC COMMON STOCK USD1.0                        | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |      1940 | NS      | $26946.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                                               | CHUBB LTD COMMON STOCK                                    | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | CH        |      3100 | NS      | $705219.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS GROUP AG                                            | UBS GROUP AG REG COMMON STOCK CHF.1                       | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | EC               | CORP              | CH        |     26150 | NS      | $561179.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| BANFF MERGER SUB INC                                    | BANFF MERGER SUB INC 2021 USD TERM LOAN                   | CUSIP: 05988HAE7<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |     46251 | PA      | $45508.17     | 0.04%             | 2025-10-02      | Floating      | 9.37%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                                        | ACCO BRANDS CORP COMPANY GUAR 144A 03/29 4.25             | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43292.00     | 0.04%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| AG ISSUER LLC                                           | AG ISSUER LLC SR SECURED 144A 03/28 6.25                  | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     73000 | PA      | $69079.90     | 0.07%             | 2028-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SAMSONITE INTERNATIONAL SA                              | SAMSONITE INTERNATIONAL SA COMMON STOCK USD.01            | CUSIP: N/A<br>LEI: 549300UULS5HYFJSEL12       | Long             | EC               | CORP              | LU        |    145800 | NS      | $434336.05    | 0.42%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                   | NABORS INDUSTRIES INC COMPANY GUAR 144A 05/27 7.375       | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25052.25     | 0.02%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| ENDURANCE INTERNATIONAL                                 | ENDURANCE INTERNATIONAL SR UNSECURED 144A 02/29 6         | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |     55000 | PA      | $39945.40     | 0.04%             | 2029-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                | ENLINK MIDSTREAM PARTNER SR UNSECURED 07/26 4.85          | CUSIP: 29336UAF4<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48638.00     | 0.05%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC                                        | API GROUP DE INC COMPANY GUAR 144A 10/29 4.75             | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |     55000 | PA      | $49661.15     | 0.05%             | 2029-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ARD FINANCE SA                                          | ARD FINANCE SA SR SECURED 144A 06/27 6.5                  | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $157166.00    | 0.15%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| L'OCCITANE INTERNATIONAL SA                             | L OCCITANE INTERNATIONAL SA COMMON STOCK EUR.03           | CUSIP: N/A<br>LEI: 549300TLZP9DZV3ROI47       | Long             | EC               | CORP              | LU        |      5250 | NS      | $14606.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                 | STANDARD INDUSTRIES INC SR UNSECURED 144A 02/27 5         | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47673.00     | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                | AMERICAN AIRLINES/AADVAN SR SECURED 144A 04/26 5.5        | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $32389.50     | 0.03%             | 2026-04-20      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                                | AMERICAN AIRLINES/AADVAN SR SECURED 144A 04/29 5.75       | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $10658.78     | 0.01%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ABERCROMBIE & FITCH MANA                                | ABERCROMBIE + FITCH MANA SR SECURED 144A 07/25 8.75       | CUSIP: 003000AA4<br>LEI: 5493003QMCFDA98NPT74 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53596.78     | 0.05%             | 2025-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                                  | ACRISURE LLC / FIN INC SR UNSECURED 144A 11/25 7          | CUSIP: 00489LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $53387.04     | 0.05%             | 2025-11-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                  | ACRISURE LLC / FIN INC SR UNSECURED 144A 08/29 6          | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     64000 | PA      | $52881.92     | 0.05%             | 2029-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                                 | AETHON UN/AETHIN UN FIN SR UNSECURED 144A 02/26 8.25      | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $66738.03     | 0.06%             | 2026-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| AIR CANADA 2015-2B PTT                                  | AIR CANADA 2015 2B PTT PASS THRU CE 144A 06/25 5          | CUSIP: 009088AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      9833 | PA      | $9585.82      | 0.01%             | 2023-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| AIR CANADA 2015-1B PTT                                  | AIR CANADA 2015 1B PTT PASS THRU CE 144A 09/24 3.875      | CUSIP: 009090AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     65858 | PA      | $65602.26     | 0.06%             | 2023-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| AIR LEASE CORP                                          | AIR LEASE CORP JR SUBORDINA 12/99 VAR                     | CUSIP: 00912XBK9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     50000 | PA      | $38887.50     | 0.04%             | 2063-01-31      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRLINES 2020 TR                                 | ALASKA AIRLINES 2020 TR PASS THRU CE 144A 02/29 4.8       | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46377 | PA      | $45275.83     | 0.04%             | 2027-08-15      | Fixed         | 4.80%                 | Yes           |                  2 | On Loan: No      |
| ALASKA AIR 2020-1 CL B                                  | ALASKA AIR 2020 1 CL B PASS THRU CE 144A 02/27 8          | CUSIP: 01166WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     29870 | PA      | $30467.99     | 0.03%             | 2025-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                  | ALBERTSONS COS/SAFEWAY COMPANY GUAR 144A 02/28 5.875      | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29358.90     | 0.03%             | 2028-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                  | ALBERTSONS COS/SAFEWAY COMPANY GUAR 144A 01/27 4.625      | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $71365.50     | 0.07%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                  | ALBERTSONS COS/SAFEWAY COMPANY GUAR 144A 03/29 3.5        | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $41431.68     | 0.04%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| NEW ALBERTSONS LP                                       | NEW ALBERTSONS LP SR UNSECURED 06/26 7.75                 | CUSIP: 013104AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     33000 | PA      | $33611.16     | 0.03%             | 2026-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                    | HOWMET AEROSPACE INC SR UNSECURED 10/24 5.125             | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |     61000 | PA      | $60925.58     | 0.06%             | 2024-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                 | ATI INC SR UNSECURED 12/27 5.875                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26234.01     | 0.03%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                | ALLIANT HOLD / CO ISSUER SR UNSECURED 144A 11/29 5.875    | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8725.60      | 0.01%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                      | ALLY FINANCIAL INC JR SUBORDINA 12/99 VAR                 | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15425.00     | 0.01%             | 2063-01-31      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| ALNYLAM PHARMACEUTICALS                                 | ALNYLAM PHARMACEUTICALS SR UNSECURED 144A 09/27 1         | CUSIP: N/A<br>LEI: 529900S3ZI14OWRJII50       | Long             | DBT              | CORP              | US        |    221000 | PA      | $236425.80    | 0.23%             | 2027-09-15      | Fixed         | 1.00%                 | Yes           |                  2 | On Loan: No      |
| AMER AIRLINE 21-1B PTT                                  | AMER AIRLINE 21 1B PTT PASS THRU CE 01/32 3.95            | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52525 | PA      | $44547.50     | 0.04%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES GROUP                                 | AMERICAN AIRLINES GROUP COMPANY GUAR 144A 03/25 3.75      | CUSIP: 02376RAE2<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9357.50      | 0.01%             | 2025-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                                 | AMERICAN AXLE + MFG INC COMPANY GUAR 07/28 6.875          | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     46000 | PA      | $41969.48     | 0.04%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| NECESS RETAIL/AFIN OP LP                                | NECESS RETAIL/AFIN OP LP COMPANY GUAR 144A 09/28 4.5      | CUSIP: 02608AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $38462.50     | 0.04%             | 2028-09-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| AMWINS GROUP INC                                        | AMWINS GROUP INC SR UNSECURED 144A 06/29 4.875            | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     86000 | PA      | $75891.56     | 0.07%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                   | ANTERO RESOURCES CORP COMPANY GUAR 144A 03/30 5.375       | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |     44000 | PA      | $41074.88     | 0.04%             | 2030-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| APACHE CORP                                             | APACHE CORP SR UNSECURED 09/40 5.1                        | CUSIP: 037411AW5<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     45000 | PA      | $39319.20     | 0.04%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ARCELORMITTAL                                           | ARCELORMITTAL SR UNSECURED 10/39 7                        | CUSIP: 03938LAP9<br>LEI: 549300MP4YSRSQ39ZG33 | Long             | DBT              | CORP              | LU        |     25000 | PA      | $27073.50     | 0.03%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                              | ARCOSA INC COMPANY GUAR 144A 04/29 4.375                  | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22353.50     | 0.02%             | 2029-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ARROW BIDCO LLC                                         | ARROW BIDCO LLC SR SECURED 144A 03/24 9.5                 | CUSIP: 042728AA3<br>LEI: 549300YHZN08M0H3O128 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75428.25     | 0.07%             | 2024-03-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                                | ASHTON WOODS USA/FINANCE SR UNSECURED 144A 01/28 6.625    | CUSIP: 045086AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $35700.60     | 0.03%             | 2028-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                                | ASHTON WOODS USA/FINANCE SR UNSECURED 144A 08/29 4.625    | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $31753.94     | 0.03%             | 2029-08-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                     | ASSUREDPARTNERS INC SR UNSECURED 144A 08/25 7             | CUSIP: 04624VAA7<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84012.30     | 0.08%             | 2025-08-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BURLINGTON STORES INC                                   | BURLINGTON STORES INC SR UNSECURED 04/25 2.25             | CUSIP: N/A<br>LEI: 5299003Z37DVGKKC1W09       | Long             | DBT              | CORP              | US        |    595000 | PA      | $737556.05    | 0.72%             | 2025-04-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 05/27 5.125      | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $147854.50    | 0.14%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                  | CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/28 5          | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18680.40     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ESC CB144A INTELSAT JA 07/25 9.75                         | CUSIP: N/A<br>LEI: 8XJ8KF85PBKK1TLMFN29       | Long             | DBT              | CORP              | LU        |     30000 | PA      | $0.03         | 0.00%             | 2025-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                                        | STONEX GROUP INC SR SECURED 144A 06/25 8.625              | CUSIP: 46116VAE5<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43609.74     | 0.04%             | 2025-06-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                       | IRON MOUNTAIN INC COMPANY GUAR 144A 03/28 5.25            | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     90000 | PA      | $85669.20     | 0.08%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IVANHOE MINES LTD                                       | IVANHOE MINES LTD SR UNSECURED 144A 04/26 2.5             | CUSIP: N/A<br>LEI: 5299006XZISURYIA4G32       | Long             | DBT              | CORP              | CA        |    270000 | PA      | $374176.80    | 0.36%             | 2026-04-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                                    | JBS USA/FOOD/FINANCE SR UNSECURED 144A 01/30 5.5          | CUSIP: 46590XAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $63207.30     | 0.06%             | 2030-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                                   | PLAYTIKA HOLDING CORP COMPANY GUAR 144A 03/29 4.25        | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |     22000 | PA      | $18294.10     | 0.02%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC                                       | POST HOLDINGS INC COMPANY GUAR 144A 08/27 2.5             | CUSIP: N/A<br>LEI: JM1I5YUAURL6DC8N1468       | Long             | DBT              | CORP              | US        |   1255000 | PA      | $1369468.55   | 1.33%             | 2027-08-15      | Fixed         | 2.50%                 | Yes           |                  2 | On Loan: No      |
| PREMIER ENTERTAINMENT SU                                | PREMIER ENTERTAINMENT SU COMPANY GUAR 144A 09/29 5.625    | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $43722.00     | 0.04%             | 2029-09-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                  | ENERGIZER HOLDINGS INC COMPANY GUAR 144A 03/29 4.375      | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     59000 | PA      | $51226.75     | 0.05%             | 2029-03-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SOCIETE BIC SA                                          | SOCIETE BIC SA COMMON STOCK EUR3.82                       | CUSIP: N/A<br>LEI: 969500UR00DF63I0VH67       | Long             | EC               | CORP              | FR        |       190 | NS      | $13795.09     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                          | ELI LILLY + CO COMMON STOCK                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      4780 | NS      | $1645037.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| MERCADOLIBRE INC                                        | MERCADOLIBRE INC COMMON STOCK USD.001                     | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       310 | NS      | $366323.90    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                          | MICROSOFT CORP COMMON STOCK USD.00000625                  | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      9200 | NS      | $2279852.00   | 2.21%             |  |  |  | No            |                  1 | On Loan: —       |
| MOTOR OIL HELLAS CORINTH REFINERIES SA                  | MOTOR OIL (HELLAS) SA COMMON STOCK EUR.75                 | CUSIP: N/A<br>LEI: 213800U3Y9UL7Y4QVM11       | Long             | EC               | CORP              | GR        |      9260 | NS      | $226293.93    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| WEBJET LTD                                              | WEBJET LTD COMMON STOCK                                   | CUSIP: N/A<br>LEI: 21380064YZG4XMO4CW38       | Long             | EC               | CORP              | AU        |      3020 | NS      | $14718.82     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| AYALA LAND INC                                          | AYALA LAND INC COMMON STOCK PHP1.0                        | CUSIP: N/A<br>LEI: 254900EWT10TQ6DKTV34       | Long             | EC               | CORP              | PH        |    179500 | NS      | $96815.46     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF THE PHILIPPINE ISLANDS                          | BANK OF THE PHILIPPINE ISLAN COMMON STOCK PHP10.          | CUSIP: N/A<br>LEI: 549300UW4UH6XT2X8C50       | Long             | EC               | CORP              | PH        |     94800 | NS      | $182537.89    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                                 | RELIANCE INDUSTRIES LTD COMMON STOCK INR10.               | CUSIP: N/A<br>LEI: 5493003UOETFYRONLG31       | Long             | EC               | CORP              | IN        |      7500 | NS      | $216612.75    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MAHINDRA & MAHINDRA LTD                                 | MAHINDRA + MAHINDRA LTD COMMON STOCK INR5.                | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |      6350 | NS      | $107201.42    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HOUSING DEVELOPMENT FINANCE CORP LTD                    | HOUSING DEVELOPMENT FINANCE COMMON STOCK INR2.            | CUSIP: N/A<br>LEI: 335800OX2H9AP7NHLT64       | Long             | EC               | CORP              | IN        |      3770 | NS      | $121638.38    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                          | MORGAN STANLEY COMMON STOCK USD.01                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     11725 | NS      | $1141194.25   | 1.11%             |  |  |  | No            |                  1 | On Loan: —       |
| KOSE CORP                                               | KOSE CORP COMMON STOCK                                    | CUSIP: N/A<br>LEI: 353800NX4GGAVDHHY664       | Long             | EC               | CORP              | JP        |       100 | NS      | $11033.29     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED TRACTORS TBK PT                                  | UNITED TRACTORS TBK PT COMMON STOCK IDR250.0              | CUSIP: N/A<br>LEI: 529900N9ELYOWQV4FW14       | Long             | EC               | CORP              | ID        |     59500 | NS      | $97684.50     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HINDUSTAN UNILEVER LTD                                  | HINDUSTAN UNILEVER LTD COMMON STOCK INR1.0                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |      1570 | NS      | $49532.16     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EBARA CORP                                              | EBARA CORP COMMON STOCK                                   | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |       350 | NS      | $14860.85     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TRAVELSKY TECHNOLOGY LTD                                | TRAVELSKY TECHNOLOGY LTD H COMMON STOCK CNY1.0            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     79000 | NS      | $164205.72    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGDEE INTERNATIONAL SOFTWARE GROUP CO LTD             | KINGDEE INTERNATIONAL SFTWR COMMON STOCK HKD.025          | CUSIP: N/A<br>LEI: 529900SWRZN94C5SZO63       | Long             | EC               | CORP              | KY        |     86000 | NS      | $187695.89    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDIATEK INC                                            | MEDIATEK INC COMMON STOCK TWD10.                          | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |      5000 | NS      | $120804.79    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| IGO LTD                                                 | IGO LTD COMMON STOCK                                      | CUSIP: N/A<br>LEI: 2549005DZO8VGXM5QN07       | Long             | EC               | CORP              | AU        |      1430 | NS      | $14865.24     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| OSAKA TITANIUM TECHNOLOGIES CO LTD                      | OSAKA TITANIUM TECHNOLOGIES COMMON STOCK                  | CUSIP: N/A<br>LEI: 529900HGCI4F5WM6OE59       | Long             | EC               | CORP              | JP        |       670 | NS      | $19010.86     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                            | SK HYNIX INC COMMON STOCK KRW5000.                        | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |      3010 | NS      | $217754.92    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL CONTAINER TERMINAL SERVICES INC           | INTL CONTAINER TERM SVCS INC COMMON STOCK PHP1.           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |     20210 | NS      | $76829.11     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| KYORITSU MAINTENANCE CO LTD                             | KYORITSU MAINTENANCE CO LTD COMMON STOCK                  | CUSIP: N/A<br>LEI: 353800IO2MFHL1NA0986       | Long             | EC               | CORP              | JP        |       400 | NS      | $18269.58     | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| KEYENCE CORP                                            | KEYENCE CORP COMMON STOCK                                 | CUSIP: N/A<br>LEI: 529900M7PQBS7A89DZ11       | Long             | EC               | CORP              | JP        |      2500 | NS      | $1150921.89   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                                      | NEXTERA ENERGY INC PREFERRED STOCK 09/25 6.926            | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      8700 | NS      | $417165.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC                                      | NEXTERA ENERGY INC PREFERRED STOCK 09/23 6.219            | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |     10000 | NS      | $478900.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                     | SUMITOMO MITSUI FINANCIAL GR COMMON STOCK                 | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |     18000 | NS      | $782299.15    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SOJITZ CORP                                             | SOJITZ CORP COMMON STOCK                                  | CUSIP: N/A<br>LEI: 5493004SE33MRLPB1W98       | Long             | EC               | CORP              | JP        |      1090 | NS      | $21610.68     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRSTRAND LTD                                           | FIRSTRAND LTD COMMON STOCK ZAR.01                         | CUSIP: N/A<br>LEI: 529900XYOP8CUZU7R671       | Long             | EC               | CORP              | ZA        |     24350 | NS      | $90474.81     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRST ABU DHABI BANK PJSC                               | FIRST ABU DHABI BANK PJSC COMMON STOCK AED1.0             | CUSIP: N/A<br>LEI: 2138002Y3WMK6RZS8H90       | Long             | EC               | CORP              | AE        |     29304 | NS      | $108699.71    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON STEEL CORP                                       | NIPPON STEEL CORP COMMON STOCK                            | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |     27800 | NS      | $578649.25    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK MANDIRI PERSERO TBK PT                             | BANK MANDIRI PERSERO TBK PT COMMON STOCK IDR250.0         | CUSIP: N/A<br>LEI: 549300RSKQN4Z5ZSGH94       | Long             | EC               | CORP              | ID        |    750300 | NS      | $499951.93    | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVO NORDISK A/S                                        | NOVO NORDISK A/S SPONS ADR ADR                            | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     17500 | NS      | $2428650.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NUSTAR ENERGY LP                                        | NUSTAR ENERGY LP PREFERRED STOCK VAR                      | CUSIP: 67058H201<br>LEI: 5493003BMLTUIEG2LG44 | Long             | EP               | CORP              | US        |       760 | NS      | $19015.20     | 0.02%             | 2063-02-28      | Variable      | 11.68%                | No            |                  1 | On Loan: —       |
| NUSTAR ENERGY LP                                        | NUSTAR ENERGY LP PREFERRED STOCK VAR                      | CUSIP: 67058H300<br>LEI: 5493003BMLTUIEG2LG44 | Long             | EP               | CORP              | US        |      1675 | NS      | $38927.00     | 0.04%             | 2063-02-28      | Variable      | 10.56%                | No            |                  1 | On Loan: No      |
| NUSTAR LOGISTICS LP                                     | NUSTAR LOGISTICS LP PREFERRED STOCK 01/43 VAR             | CUSIP: 67059T204<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | EP               | CORP              | US        |      2270 | NS      | $56908.90     | 0.06%             | 2043-01-15      | Variable      | 11.58%                | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                             | NVIDIA CORP COMMON STOCK USD.001                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      5700 | NS      | $1113609.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: —       |
| ZIJIN MINING GROUP CO LTD                               | ZIJIN MINING GROUP CO LTD H COMMON STOCK CNY.1            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     78000 | NS      | $129015.96    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS MOTOR CO LTD                                        | TVS MOTOR CO LTD COMMON STOCK INR1.                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |      1430 | NS      | $18237.22     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                              | SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0          | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |     14700 | NS      | $732210.37    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                         | SEALED AIR CORP COMPANY GUAR 144A 04/29 5                 | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10441.42     | 0.01%             | 2029-04-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | CHAPARRAL ENERGY INC. COMMON STOCK CLASS A                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       479 | NS      | $20357.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC           | NEW ORIENTAL EDUCATION + TEC COMMON STOCK USD.001         | CUSIP: N/A<br>LEI: 529900NHZVBZQZ8EKN29       | Long             | EC               | CORP              | KY        |     34400 | NS      | $146021.75    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | GUITAR CENTER INC                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |       305 | NS      | $37972.50     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                    | WASTE MANAGEMENT INC COMMON STOCK USD.01                  | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      4950 | NS      | $765913.50    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                                        | WELLS FARGO + CO COMMON STOCK USD1.666                    | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     15425 | NS      | $722969.75    | 0.70%             |  |  |  | No            |                  1 | On Loan: —       |
| WUXI BIOLOGICS CAYMAN INC                               | WUXI BIOLOGICS CAYMAN INC COMMON STOCK USD.00001          | CUSIP: N/A<br>LEI: 5493001TD2TH6VDTJU11       | Long             | EC               | CORP              | KY        |     26500 | NS      | $221285.61    | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WILLIAMS COS INC/THE                                    | WILLIAMS COS INC COMMON STOCK USD1.0                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       450 | NS      | $14508.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| EDENRED                                                 | EDENRED SR UNSECURED REGS 09/24 0.0000                    | CUSIP: N/A<br>LEI: 9695006LOD5B2D7Y0N70       | Long             | DBT              | CORP              | FR        |    930000 | PA      | $615163.14    | 0.60%             | 2024-09-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                                               | PROSUS NV COMMON STOCK EUR.05                             | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |      2235 | NS      | $180465.58    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC BANK LTD                                           | HDFC BANK LIMITED COMMON STOCK INR1.0                     | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |     70850 | NS      | $1396230.71   | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                               | ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125      | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |     37500 | NS      | $515574.72    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| PROYA COSMETICS CO LTD                                  | PROYA COSMETICS CO LTD A COMMON STOCK CNY1.0              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      4000 | NS      | $97887.92     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| NINGBO ORIENT WIRES & CABLES CO LTD                     | NINGBO ORIENT WIRES + CABL A COMMON STOCK CNY1.0          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      8700 | NS      | $82990.75     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.COM INC                                              | JD.COM INC   CL A COMMON STOCK USD.00002                  | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |     42600 | NS      | $1264936.79   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| SMOORE INTERNATIONAL HOLDINGS LTD                       | SMOORE INTERNATIONAL HOLDING COMMON STOCK USD.01          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     26000 | NS      | $39194.13     | 0.04%             |  |  |  | Yes           |                  2 | On Loan: —       |
| JIUMAOJIU INTERNATIONAL HOLDINGS LTD                    | JIUMAOJIU INTERNATIONAL HOLD COMMON STOCK USD.0000001     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     57000 | NS      | $146044.28    | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                    | TENCENT HOLDINGS LTD COMMON STOCK HKD.00002               | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |     22500 | NS      | $1096400.47   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| FERTIGLOBE PLC                                          | FERTIGLOBE PLC COMMON STOCK                               | CUSIP: N/A<br>LEI: 984500A99D1B4CPBF744       | Long             | EC               | CORP              | AE        |     55150 | NS      | $60161.62     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ERGOMED PLC                                             | ERGOMED PLC COMMON STOCK GBP.01                           | CUSIP: N/A<br>LEI: 213800BVS8I9VMC1AP84       | Long             | EC               | CORP              | GB        |      1955 | NS      | $28961.57     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SHIFT INC                                               | SHIFT INC COMMON STOCK                                    | CUSIP: N/A<br>LEI: 353800HJXMOPLJ7BO262       | Long             | EC               | CORP              | JP        |       100 | NS      | $18663.56     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| WAL-MART DE MEXICO SAB DE CV                            | WALMART DE MEXICO SAB DE CV COMMON STOCK                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     33525 | NS      | $130945.21    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BAYCURRENT CONSULTING INC                               | BAYCURRENT CONSULTING INC COMMON STOCK                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1000 | NS      | $42509.55     | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| APTIV PLC                                               | APTIV PLC PREFERRED STOCK 06/23 5.5                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | JE        |      7908 | NS      | $996328.92    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                     | INTELSAT EMERGENCE SA COMMON STOCK                        | CUSIP: N/A<br>LEI: 549300YV2L21F4K80V46       | Long             | EC               | CORP              | LU        |       518 | NS      | $12043.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CYBERARK SOFTWARE LTD                                   | CYBERARK SOFTWARE LTD/ISRAEL COMMON STOCK ILS.01          | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | EC               | CORP              | IL        |       125 | NS      | $17610.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML HOLDING NV                                         | ASML HOLDING NV NY REG SHS NY REG SHRS EUR.09             | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |      3710 | NS      | $2451716.40   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                                  | GROUP 1 AUTOMOTIVE INC COMPANY GUAR 144A 08/28 4          | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     19000 | PA      | $16717.53     | 0.02%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                   | ICAHN ENTERPRISES/FIN COMPANY GUAR 02/29 4.375            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $27046.88     | 0.03%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                                        | LPL HOLDINGS INC COMPANY GUAR 144A 03/29 4                | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26864.70     | 0.03%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LSF11 A5 HOLDCO LLC                                     | LSF11 A5 HOLDCO LLC SR UNSECURED 144A 10/29 6.625         | CUSIP: 50221DAA7<br>LEI: 254900FPK7P5WNA66Y10 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25057.50     | 0.02%             | 2029-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| MPLX LP                                                 | MPLX LP JR SUBORDINA VAR                                  | CUSIP: 55336VAU4<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40025.60     | 0.04%             | 2063-01-31      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                    | ONEMAIN FINANCE CORP COMPANY GUAR 09/28 3.875             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25308.00     | 0.02%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                          | OPEN TEXT CORP SR SECURED 144A 12/27 6.9                  | CUSIP: 683715AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     20000 | PA      | $20512.00     | 0.02%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                                   | CARRIAGE SERVICES INC COMPANY GUAR 144A 05/29 4.25        | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $41185.00     | 0.04%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                                  | OPEN TEXT HOLDINGS INC COMPANY GUAR 144A 12/31 4.125      | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $13022.08     | 0.01%             | 2031-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/ORG                                        | ORGANON + CO/ORG SR UNSECURED 144A 04/31 5.125            | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180382.00    | 0.18%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                                    | CARPENTER TECHNOLOGY SR UNSECURED 03/30 7.625             | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12330.60     | 0.01%             | 2030-03-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                              | CARVANA CO COMPANY GUAR 144A 09/29 4.875                  | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     30000 | PA      | $13401.00     | 0.01%             | 2029-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CASCADES INC/USA INC                                    | CASCADES INC/USA INC COMPANY GUAR 144A 01/26 5.125        | CUSIP: 14739LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18726.80     | 0.02%             | 2026-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CASCADES INC/USA INC                                    | CASCADES INC/USA INC COMPANY GUAR 144A 01/28 5.375        | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $24276.20     | 0.02%             | 2028-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                          | OWENS BROCKWAY COMPANY GUAR 144A 05/27 6.625              | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     70000 | PA      | $68917.80     | 0.07%             | 2027-05-13      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: —       |
| PNC FINANCIAL SERVICES                                  | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR             | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9935.20      | 0.01%             | 2063-01-31      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AVIATION FIN                                 | CASTLELAKE AVIATION FIN SR UNSECURED 144A 04/27 5         | CUSIP: 14856HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     48000 | PA      | $43968.96     | 0.04%             | 2027-04-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: —       |
| CENTRAL GARDEN & PET CO                                 | CENTRAL GARDEN + PET CO COMPANY GUAR 144A 04/31 4.125     | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |     51000 | PA      | $42847.65     | 0.04%             | 2031-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PPL CAPITAL FUNDING INC                                 | PPL CAPITAL FUNDING INC COMPANY GUAR 03/67 VAR            | CUSIP: 69352PAC7<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     16000 | PA      | $14087.68     | 0.01%             | 2067-03-30      | Variable      | 7.39%                 | No            |                  2 | On Loan: No      |
| PHH MORTGAGE CORP                                       | PHH MORTGAGE CORP SR SECURED 144A 03/26 7.875             | CUSIP: 69356NAA2<br>LEI: PAOOWF3GUFM46FBSP561 | Long             | DBT              | CORP              | US        |     73000 | PA      | $66830.77     | 0.06%             | 2026-03-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                    | BWX TECHNOLOGIES INC COMPANY GUAR 144A 04/29 4.125        | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     44000 | PA      | $39821.32     | 0.04%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                                               | BALL CORP COMPANY GUAR 03/28 6.875                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15495.90     | 0.02%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                       | POST HOLDINGS INC COMPANY GUAR 144A 03/27 5.75            | CUSIP: 737446AM6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20724.27     | 0.02%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PTC INC                                                 | PTC INC COMPANY GUAR 144A 02/28 4                         | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     36000 | PA      | $33571.08     | 0.03%             | 2028-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PAR PETRO LLC / FIN CORP                                | PAR PETRO LLC / FIN CORP SR SECURED 144A 12/25 7.75       | CUSIP: 69889MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     69000 | PA      | $68174.07     | 0.07%             | 2025-12-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                  | PARK INTERMED HOLDINGS SR SECURED 144A 10/28 5.875        | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $21303.29     | 0.02%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PARKLAND CORP                                           | PARKLAND CORP COMPANY GUAR 144A 07/27 5.875               | CUSIP: 70137TAP0<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $43265.70     | 0.04%             | 2027-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PARSONS CORP                                            | PARSONS CORP SR UNSECURED 08/25 0.25                      | CUSIP: N/A<br>LEI: 549300ZXH0VRBSEPX752       | Long             | DBT              | CORP              | US        |    797000 | PA      | $872412.14    | 0.85%             | 2025-08-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                                  | PATRICK INDUSTRIES INC COMPANY GUAR 144A 05/29 4.75       | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     67000 | PA      | $57333.24     | 0.06%             | 2029-05-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY INC                                | PATTERSON UTI ENERGY INC SR UNSECURED 11/29 5.15          | CUSIP: 703481AC5<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |     43000 | PA      | $40173.18     | 0.04%             | 2029-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                                  | PENN ENTERTAINMENT INC SR UNSECURED 144A 07/29 4.125      | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $41490.50     | 0.04%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC                                  | LUMEN TECHNOLOGIES INC SR UNSECURED 09/39 7.6             | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     63000 | PA      | $42647.85     | 0.04%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                  | LUMEN TECHNOLOGIES INC SR UNSECURED 144A 01/29 4.5        | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     23000 | PA      | $15478.54     | 0.02%             | 2029-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                | PERFORMANCE FOOD GROUP I COMPANY GUAR 144A 08/29 4.25     | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     43000 | PA      | $38422.65     | 0.04%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PREMIUM BRANDS HLDGS COR                                | PREMIUM BRANDS HLDGS COR SUBORDINATED 09/27 4.2           | CUSIP: N/A<br>LEI: 529900F5EXPGUY8WV366       | Long             | DBT              | CORP              | CA        |    915000 | PA      | $622761.15    | 0.60%             | 2027-09-30      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                                     | PRESTIGE BRANDS INC COMPANY GUAR 144A 04/31 3.75          | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |     42000 | PA      | $35682.78     | 0.03%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                | RHP HOTEL PPTY/RHP FINAN COMPANY GUAR 144A 02/29 4.5      | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $44750.50     | 0.04%             | 2029-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP                                  | PACTIV EVERGREEN GROUP SR SECURED 144A 10/27 4            | CUSIP: 76174LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45005.50     | 0.04%             | 2027-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CHEMOURS CO                                             | CHEMOURS CO COMPANY GUAR 144A 11/29 4.625                 | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29263.50     | 0.03%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CHENIERE ENERGY INC                                     | CHENIERE ENERGY INC SR UNSECURED 10/28 4.625              | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |     23000 | PA      | $21936.71     | 0.02%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MULTIPLAN CORP                                          | MULTIPLAN CORP SR UNSECURED 144A 10/27 6                  | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     20000 | PA      | $13087.00     | 0.01%             | 2027-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CINC BELL TEL                                           | CINC BELL TEL SR SECURED 12/28 6.3                        | CUSIP: 171875AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27025.20     | 0.03%             | 2028-12-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                                     | CLARIV SCI HLD CORP SR SECURED 144A 07/28 3.875           | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $71520.00     | 0.07%             | 2028-07-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                                | CLEAR CHANNEL OUTDOOR HO SR SECURED 144A 08/27 5.125      | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $35591.79     | 0.03%             | 2027-08-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CLEARWATER PAPER CORP                                   | CLEARWATER PAPER CORP COMPANY GUAR 144A 08/28 4.75        | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |     65000 | PA      | $58177.60     | 0.06%             | 2028-08-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                    | COMMERCIAL METALS CO SR UNSECURED 01/30 4.125             | CUSIP: 201723AQ6<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     22000 | PA      | $19758.20     | 0.02%             | 2030-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                                    | COMMERCIAL METALS CO SR UNSECURED 03/32 4.375             | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     11000 | PA      | $9741.60      | 0.01%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                           | COMMSCOPE INC SR SECURED 144A 09/29 4.75                  | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33307.60     | 0.03%             | 2029-09-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                      | COMMSCOPE TECH LLC COMPANY GUAR 144A 06/25 6              | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $56909.40     | 0.06%             | 2025-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                                | CONSOLIDATED COMMUNICATI SR SECURED 144A 10/28 6.5        | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |     70000 | PA      | $57225.00     | 0.06%             | 2028-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| CONTINENTAL RESOURCES                                   | CONTINENTAL RESOURCES COMPANY GUAR 144A 01/31 5.75        | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24570.75     | 0.02%             | 2031-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                                   | CONTINENTAL RESOURCES COMPANY GUAR 144A 04/32 2.875       | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |     35000 | PA      | $27479.90     | 0.03%             | 2032-04-01      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                                        | CREDIT ACCEPTANC COMPANY GUAR 03/26 6.625                 | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $59512.70     | 0.06%             | 2026-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| CREDIT ACCEPTANC                                        | CREDIT ACCEPTANC COMPANY GUAR 144A 12/24 5.125            | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $48945.00     | 0.05%             | 2024-12-31      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CYBERARK SOFTWARE LTD                                   | CYBERARK SOFTWARE LTD SR UNSECURED 11/24 0.00000          | CUSIP: N/A<br>LEI: 529900YEXNDM894PWS93       | Long             | DBT              | CORP              | IL        |   1605000 | PA      | $1768902.60   | 1.72%             | 2024-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                                 | DCP MIDSTREAM OPERATING COMPANY GUAR 144A 05/43 VAR       | CUSIP: 23311RAH9<br>LEI: VQOHU6HCVU6YY1KUKU03 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79241.60     | 0.08%             | 2043-05-21      | Variable      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                        | DT MIDSTREAM INC COMPANY GUAR 144A 06/29 4.125            | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     32000 | PA      | $28260.80     | 0.03%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DANA INC                                                | DANA INC SR UNSECURED 09/30 4.25                          | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34034.80     | 0.03%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                | DANA INC SR UNSECURED 02/32 4.5                           | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     22000 | PA      | $18565.36     | 0.02%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DATADOG INC                                             | DATADOG INC SR UNSECURED 06/25 0.125                      | CUSIP: N/A<br>LEI: 549300F6JNO0KRPO1K63       | Long             | DBT              | CORP              | US        |    671000 | PA      | $736180.94    | 0.71%             | 2025-06-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                              | DAVITA INC COMPANY GUAR 144A 06/30 4.625                  | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     89000 | PA      | $75037.68     | 0.07%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC                                              | DAVITA INC COMPANY GUAR 144A 02/31 3.75                   | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     52000 | PA      | $40489.80     | 0.04%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                                 | DELL INT LLC / EMC CORP SR UNSECURED 06/26 6.02           | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $56596.10     | 0.05%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                     | DELTA AIR LINES INC SR UNSECURED 01/26 7.375              | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12567.12     | 0.01%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| DELUXE CORP                                             | DELUXE CORP COMPANY GUAR 144A 06/29 8                     | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     58000 | PA      | $49733.84     | 0.05%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| DEXCOM INC                                              | DEXCOM INC SR UNSECURED 11/25 0.25                        | CUSIP: N/A<br>LEI: 549300YSK3QDSFR5EU59       | Long             | DBT              | CORP              | US        |    562000 | PA      | $592488.50    | 0.58%             | 2025-11-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: —       |
| DIAMOND FRGN/DIAMOND FIN                                | DIAMOND FRGN/DIAMOND FIN SR SECURED 04/27 9               | CUSIP: 25260WAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |       349 | PA      | $337.84       | 0.00%             | 2027-04-22      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                                | DIAMOND SPORTS GR/DIAMON COMPANY GUAR 144A 08/27 6.625    | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $944.10       | 0.00%             | 2027-08-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                   | DIRECTV FIN LLC/COINC SR SECURED 144A 08/27 5.875         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $50812.16     | 0.05%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                                  | ENERGIZER HOLDINGS INC COMPANY GUAR 144A 12/27 6.5        | CUSIP: 29272WAF6<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9775.90      | 0.01%             | 2027-12-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP JR SUBORDINA 11/66 VAR                 | CUSIP: 29273RBA6<br>LEI: RY1052DWLDPLDW74Y843 | Long             | DBT              | CORP              | US        |     65000 | PA      | $52678.60     | 0.05%             | 2066-11-01      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                      | ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR                 | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30198.40     | 0.03%             | 2063-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                                 | ENERSYS COMPANY GUAR 144A 12/27 4.375                     | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23119.50     | 0.02%             | 2027-12-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MARATHON PETROLEUM CORP                                 | MARATHON PETROLEUM CORP COMMON STOCK USD.01               | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      4775 | NS      | $613683.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| GALAXY ENTERTAINMENT GROUP LTD                          | GALAXY ENTERTAINMENT GROUP L COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |     19000 | NS      | $132264.66    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN AIRPORT TERMINAL CO LTD                           | JAPAN AIRPORT TERMINAL CO COMMON STOCK                    | CUSIP: N/A<br>LEI: 353800W9WEQSGUY2EO26       | Long             | EC               | CORP              | JP        |       400 | NS      | $20849.77     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SASOL LTD                                               | SASOL LTD COMMON STOCK                                    | CUSIP: 803866102<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |      5575 | NS      | $101280.02    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ORACLE CORP                                             | ORACLE CORP COMMON STOCK USD.01                           | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     14300 | NS      | $1264978.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| THK CO LTD                                              | THK CO LTD COMMON STOCK                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      1100 | NS      | $23344.57     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| KASIKORNBANK PCL                                        | KASIKORNBANK PCL FOREIGN FOREIGN SH. THB10.0 A            | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |     42800 | NS      | $188064.49    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD               | TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10.          | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |    204000 | NS      | $3599943.44   | 3.49%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIVERSAL ROBINA CORP                                   | UNIVERSAL ROBINA CORP COMMON STOCK PHP1.                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | PH        |     36700 | NS      | $92711.14     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| TECAN GROUP AG                                          | TECAN GROUP AG REG COMMON STOCK CHF.1                     | CUSIP: N/A<br>LEI: 529900CSN9R3BLETSL26       | Long             | EC               | CORP              | CH        |        58 | NS      | $24341.08     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NESTLE SA                                               | NESTLE SA REG COMMON STOCK CHF.1                          | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |      5900 | NS      | $719853.37    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| PET VALU HOLDINGS LTD                                   | PET VALU HOLDINGS LTD COMMON STOCK                        | CUSIP: 71584R105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |       680 | NS      | $20335.35     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| SCRIPPS ESCROW INC COMPANY GUAR 144A 07/27 5.875        | SCRIPPS ESCROW INC COMPANY GUAR 144A 07/27 5.875          | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $35754.80     | 0.03%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC SR SECURED 144A 01/29 3.875       | SCRIPPS ESCROW II INC SR SECURED 144A 01/29 3.875         | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $19330.12     | 0.02%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TESLA INC                                               | TESLA INC COMMON STOCK USD.001                            | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1200 | NS      | $207864.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VALE SA                                                 | VALE SA SP ADR ADR                                        | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |      5250 | NS      | $98070.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                                | VISA INC CLASS A SHARES COMMON STOCK USD.0001             | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      3910 | NS      | $900121.10    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUNELLO CUCINELLI SPA                                  | BRUNELLO CUCINELLI SPA COMMON STOCK NPV                   | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |       356 | NS      | $29651.43     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMBER ALFARIA TRIJAYA TBK PT                           | SUMBER ALFARIA TRIJAYA TBK P COMMON STOCK IDR10.          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |    636300 | NS      | $120281.25    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CIE FINANCIERE RICHEMONT SA                             | CIE FINANCIERE RICHEMO A REG COMMON STOCK CHF1.0          | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |      6975 | NS      | $1075246.51   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SILERGY CORP                                            | SILERGY CORP COMMON STOCK TWD2.5                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |      2000 | NS      | $40698.90     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CONCORDIA FINANCIAL GROUP LTD                           | CONCORDIA FINANCIAL GROUP LT COMMON STOCK                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      3300 | NS      | $14501.40     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AIRPORTS OF THAILAND PCL                                | AIRPORTS OF THAILAND PCL FOR FOREIGN SH. THB1.0 A         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |     85100 | NS      | $191416.99    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BHARAT ELECTRONICS LTD                                  | BHARAT ELECTRONICS LTD COMMON STOCK INR1.0                | CUSIP: N/A<br>LEI: 335800HS8AOTM9W1F335       | Long             | EC               | CORP              | IN        |     90500 | NS      | $105688.58    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| MEITUAN                                                 | MEITUAN CLASS B COMMON STOCK USD.00001                    | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | KY        |      4780 | NS      | $106861.09    | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BRITANNIA INDUSTRIES LTD                                | BRITANNIA INDUSTRIES LTD COMMON STOCK INR1.0              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |      1360 | NS      | $71999.78     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SANLORENZO SPA/AMEGLIA                                  | SANLORENZO SPA/AMEGLIA COMMON STOCK                       | CUSIP: N/A<br>LEI: 8156006C71E895860132       | Long             | EC               | CORP              | IT        |       590 | NS      | $25901.86     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| HEXATRONIC GROUP AB                                     | HEXATRONIC GROUP AB COMMON STOCK SEK.05                   | CUSIP: N/A<br>LEI: 2138001VSY1B4U9JLM82       | Long             | EC               | CORP              | SE        |       700 | NS      | $8615.92      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BUMRUNGRAD HOSPITAL PCL                                 | BUMRUNGRAD HOSPITAL FOREIGN FOREIGN SH. THB1.0 A          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |     13400 | NS      | $88088.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LARSEN & TOUBRO LTD                                     | LARSEN + TOUBRO LTD COMMON STOCK INR2.                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |      2050 | NS      | $53279.75     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| B3 SA - BRASIL BOLSA BALCAO                             | B3 SA BRASIL BOLSA BALCAO COMMON STOCK                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     38500 | NS      | $98292.06     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM CHINA HOLDINGS INC                                  | YUM CHINA HOLDINGS INC COMMON STOCK USD.01                | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |      2750 | NS      | $166616.90    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| VISIONAL INC                                            | VISIONAL INC COMMON STOCK                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       200 | NS      | $14491.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| KWEICHOW MOUTAI CO LTD                                  | KWEICHOW MOUTAI CO LTD A COMMON STOCK CNY1.0              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |       700 | NS      | $191918.94    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA TOURISM GROUP DUTY FREE CORP LTD                  | CHINA TOURISM GROUP DUTY F A COMMON STOCK CNY1.0          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      5700 | NS      | $180483.05    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SHANGHAI INTERNATIONAL AIRPORT CO LTD                   | SHANGHAI INTERNATIONAL AIR A COMMON STOCK CNY1.0          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     14700 | NS      | $132061.36    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SHELL PLC                                               | SHELL PLC COMMON STOCK EUR.07                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |     32050 | NS      | $939967.37    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                                | GRAPHIC PACKAGING INTERN COMPANY GUAR 144A 07/27 4.75     | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28908.00     | 0.03%             | 2027-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ARC RESOURCES LTD                                       | ARC RESOURCES LTD COMMON STOCK                            | CUSIP: 00208D408<br>LEI: FIR47I6FEYKYNJBYW622 | Long             | EC               | CORP              | CA        |      1700 | NS      | $19752.73     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHTEAD GROUP PLC                                       | ASHTEAD GROUP PLC COMMON STOCK GBP.1                      | CUSIP: N/A<br>LEI: 2138007UTBN8X9K1A235       | Long             | EC               | CORP              | GB        |     11626 | NS      | $765790.34    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                               | ALIBABA GROUP HOLDING SP ADR ADR USD.000025               | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |      1745 | NS      | $192299.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOZONE INC                                            | AUTOZONE INC COMMON STOCK USD.01                          | CUSIP: N/A<br>LEI: GA3JGKJ41LJKXDN23E90       | Long             | EC               | CORP              | US        |       315 | NS      | $768237.75    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX SAB DE CV                                         | CEMEX SAB SPONS ADR PART CER ADR                          | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     50910 | NS      | $271859.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DO & CO AG                                              | DO + CO AG COMMON STOCK                                   | CUSIP: N/A<br>LEI: 5299002NFQKOBT1E8569       | Long             | EC               | CORP              | AT        |       520 | NS      | $55068.33     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGSOFT CORP LTD                                       | KINGSOFT CORP LTD SR UNSECURED REGS 04/25 0.625           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | KY        |   3000000 | PA      | $414891.95    | 0.40%             | 2025-04-29      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| CITIGROUP GLOB MKT FND L                                | CITIGROUP GLOB MKT FND L BANK GUARANT REGS 07/24 0.0000   | CUSIP: N/A<br>LEI: 549300EVRWDWFJUNNP53       | Long             | DBT              | CORP              | LU        |  12000000 | PA      | $1483374.25   | 1.44%             | 2024-07-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FLIGHT CENTRE LTD                                       | FLIGHT CENTRE LTD SR UNSECURED REGS 11/27 2.5             | CUSIP: N/A<br>LEI: 254900BGNUI78EKEJY68       | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $714468.23    | 0.69%             | 2027-11-17      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SINGAPORE AIRLINES LTD                                  | SINGAPORE AIRLINES LTD SR UNSECURED REGS 12/25 1.625      | CUSIP: N/A<br>LEI: 549300ZG62N2599PWR15       | Long             | DBT              | CORP              | SG        |   1500000 | PA      | $1275981.88   | 1.24%             | 2025-12-03      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| KYORITSU MAINTENANCE CO                                 | KYORITSU MAINTENANCE CO SR UNSECURED REGS 01/26 0.0000    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | JP        |  90000000 | PA      | $917209.70    | 0.89%             | 2026-01-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PRYSMIAN SPA                                            | PRYSMIAN SPA SR UNSECURED REGS 02/26 0.0000               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | IT        |    800000 | PA      | $927539.26    | 0.90%             | 2026-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ISHARES MSCI EAFE ETF                                   | ISHARES MSCI EAFE ETF DEC23 60 PUT                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       700 | NC      | $94500.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF TRUST                                  | SPDR S+P 500 ETF TRUST DEC23 360 PUT                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       220 | NC      | $266310.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CEMEX SAB DE CV                                         | CEMEX SAB DE CV JUL23 5 CALL                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      1470 | NC      | $121275.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES MSCI TAIWAN ETF                                 | ISHARES MSCI TAIWAN ETF JUN23 44.81 CALL                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       350 | NC      | $97125.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GLENCORE FUNDING LLC                                    | GLENCORE FUNDING LLC COMPANY GUAR REGS 03/25 0.0000       | CUSIP: N/A<br>LEI: 213800STG1QDNBY87K49       | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2549008.00   | 2.47%             | 2025-03-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANLLIAN CAPITAL LTD                                     | ANLLIAN CAPITAL LTD COMPANY GUAR REGS 02/25 0.0000        | CUSIP: N/A<br>LEI: 529900WNC73E6N8L3G81       | Long             | DBT              | CORP              | VG        |    800000 | PA      | $1104083.77   | 1.07%             | 2025-02-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WH SMITH PLC                                            | WH SMITH PLC COMPANY GUAR REGS 05/26 1.625                | CUSIP: N/A<br>LEI: 2138001KJNGUJ34G7X91       | Long             | DBT              | CORP              | GB        |    500000 | PA      | $567351.19    | 0.55%             | 2026-05-07      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| DUERR AG                                                | DUERR AG SR UNSECURED REGS 01/26 0.75                     | CUSIP: N/A<br>LEI: 5299003APZ54EDTSRO20       | Long             | DBT              | CORP              | DE        |    300000 | PA      | $383465.10    | 0.37%             | 2026-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-31

**Name of Applicant:** Calamos Global Total Return Fund

**Signature:** Stephen Atkins

**Name of Signer:** Stephen Atkins

**Title:** Treasurer