# EDGAR Filing Document

**Accession Number:** 0002025137
**File Stem:** 0000940400-26-008294
**Filing Date:** 2026-2
**Character Count:** 52767
**Document Hash:** b7160f8f92aa0f2145d8bf6b115a5954
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-008294.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000940400-26-008294

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Managed Account Completion Shares (MACS) Trust
- **CENTRAL INDEX KEY:** 0002025137

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23968
- **FILM NUMBER:** 26683971

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 860-263-4790

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus Solutions SMA Trust
- **DATE OF NAME CHANGE:** 20240530

## Series and Classes Contracts Data

### Virtus Stone Harbor EMD MACS (Series ID: S000086628)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000252216 | Virtus Stone Harbor EMD MACS | VMALX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Managed Account Completion Shares (MACS) Trust

- **b. Investment Company Act file number:** 811-23968

- **c. CIK number of Registrant:** 0002025137

- **d. LEI of Registrant:** 254900XYJHIHC7455V12

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 860-263-4790

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

- **a. Name of Series:** Virtus Stone Harbor EMD MACS

- **b. EDGAR series identifier (if any):** S000086628

- **c. LEI of Series:** 25490072UI7JQLD4SX11

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

- **a. Date of fiscal year-end:** 2026-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $5235434.51

**Total Liabilities:** $57422.71

**Net Assets:** $5178011.80

**Cash Not Reported:** $25325.18

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -3.35000693 | **5-Year:** -155.31481250 | **10-Year:** -584.94948140 | **30-Year:** -593.97640640

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

- **3-Month:** 0.00000000 | **1-Year:** -9.95998354 | **5-Year:** -291.26268230 | **10-Year:** -403.83892340 | **30-Year:** -173.58412610

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000252216 | 0.54%                | 0.26%                | 0.87%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $261.12                  | $-6444.64                                  |
| Month 2  | $1107.49                 | $-16339.87                                 |
| Month 3  | $-404.49                 | $15625.82                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CITIGROUP GLOBAL MARKETS INC. | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: MBNUM2BPBDO7JBLYG310 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-252.22      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COPPER CORP          | Southern Copper Corp                                                             | CUSIP: 84265VAE5<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6772.50      | 0.13%             | 2040-04-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DP WORLD LTD UAE              | DP World Ltd/United Arab Emirates                                                | CUSIP: 23330JAC5<br>LEI: 549300M3U2DNF4QVSS04 | Long             | DBT              | CORP              | AE        |    100000 | PA      | $86343.75     | 1.67%             | 2049-09-30      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANC CREDITO INVERSIONES      | Banco de Credito e Inversiones SA                                                | CUSIP: 05956NAF9<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     37000 | PA      | $39277.72     | 0.76%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MC BRAZIL DWNSTRM             | MC Brazil Downstream Trading SARL                                                | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |     38313 | PA      | $33571.57     | 0.65%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TURK TELEKOMUNIKASYON AS      | Turk Telekomunikasyon AS                                                         | CUSIP: 90011QAE0<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |     20000 | PA      | $20406.20     | 0.39%             | 2032-10-07      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA          | Telecom Argentina SA                                                             | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     26000 | PA      | $27167.40     | 0.52%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO       | KazMunayGas National Co JSC                                                      | CUSIP: 48667QAP0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     27000 | PA      | $25466.94     | 0.49%             | 2047-04-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA              | Simpar Europe SA                                                                 | CUSIP: 82883PAA2<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |     48000 | PA      | $38472.48     | 0.74%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD            | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     50000 | PA      | $50223.00     | 0.97%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NBK TIER 1 LTD                | NBK Tier 1 Ltd                                                                   | CUSIP: 62879NAB3<br>LEI: 5493000G4QCCEE8YHF19 | Long             | DBT              | CORP              | AE        |     39000 | PA      | $39900.12     | 0.77%             | N/A             | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ELDORADO INTL FIN GMBH        | Eldorado Intl. Finance GmbH                                                      | CUSIP: 284697AC3<br>LEI: 2549002HQE45WFK9EY03 | Long             | DBT              | CORP              | AT        |     19000 | PA      | $19523.45     | 0.38%             | 2032-12-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CIA CERVECERIAS UNIDAS        | Cia Cervecerias Unidas SA                                                        | CUSIP: 204429AA2<br>LEI: 529900BJW9B0O6LI2R39 | Long             | DBT              | CORP              | CL        |     44000 | PA      | $39690.20     | 0.77%             | 2032-01-19      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE         | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     84000 | PA      | $83003.76     | 1.60%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES             | Vedanta Resources Finance II PLC                                                 | CUSIP: 92243XAH4<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |      9000 | PA      | $9486.56      | 0.18%             | 2029-09-17      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD          | JSW Hydro Energy Ltd                                                             | CUSIP: 46653YAA6<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |     69500 | PA      | $64765.31     | 1.25%             | 2031-05-18      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BANCO DE CHILE                | Banco de Chile                                                                   | CUSIP: 059520AC0<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | DBT              | CORP              | CL        |     60000 | PA      | $54656.25     | 1.06%             | 2031-12-09      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| INVEST ENERGY RES LTD         | Investment Energy Resources Ltd                                                  | CUSIP: 46143NAB6<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |     28000 | PA      | $28035.00     | 0.54%             | 2029-04-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE      | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     49000 | PA      | $50405.81     | 0.97%             | N/A             | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMET      | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 900111AD7<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |     75000 | PA      | $79539.00     | 1.54%             | 2032-01-24      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC        | Standard Chartered PLC                                                           | CUSIP: 853254CC2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    115000 | PA      | $103868.00    | 2.01%             | 2032-06-29      | Fixed         | 2.68%                 | No            |                  2 | On Loan: No      |
| CT TRUST                      | CT Trust                                                                         | CUSIP: 12659BAA2<br>LEI: 213800MJB7WO427HQD34 | Long             | DBT              | CORP              | GT        |     11000 | PA      | $10508.30     | 0.20%             | 2032-02-03      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -SPAIN- SA      | AI Candelaria -spain- SA                                                         | CUSIP: 00870WAA4<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |     39000 | PA      | $34684.65     | 0.67%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE          | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     12000 | PA      | $10086.00     | 0.19%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION OIL SA          | Constellation Oil Services Holding SA                                            | CUSIP: 650921AA7<br>LEI: 5493005YJTU769NW5I10 | Long             | DBT              | CORP              | LU        |     33000 | PA      | $34258.29     | 0.66%             | 2029-11-07      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| EIG PEARL HOLDINGS SARL       | EIG Pearl Holdings Sarl                                                          | CUSIP: 28249NAA9<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     65891 | PA      | $61048.87     | 1.18%             | 2036-08-31      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC       | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99375.00     | 1.92%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GENER MEDIT/CENT TERMICA      | Generacion Mediterranea SA / Central Termica Roca SA                             | CUSIP: 36875KAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | AR        |     39000 | PA      | $27344.85     | 0.53%             | 2031-11-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA              | CSN Resources SA                                                                 | CUSIP: 12644VAD0<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |     28000 | PA      | $21442.40     | 0.41%             | 2031-06-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING         | Alibaba Group Holding Ltd                                                        | CUSIP: 01609WAZ5<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     35000 | PA      | $23749.25     | 0.46%             | 2051-02-09      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRICITY MUMBAI      | Adani Electricity Mumbai Ltd                                                     | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |    150000 | PA      | $139734.00    | 2.70%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ADECOAGRO SA                  | Adecoagro SA                                                                     | CUSIP: 00676LAC0<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |     21000 | PA      | $19936.98     | 0.39%             | 2032-07-29      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ACWA POWER MGMT INVST         | Acwa Power Management And Investments One Ltd                                    | CUSIP: 005117AA4<br>LEI: 635400M3OWQGQBZOYO38 | Long             | DBT              | CORP              | AE        |     85154 | PA      | $87282.50     | 1.69%             | 2039-12-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER          | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAE2<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |     38000 | PA      | $26625.08     | 0.51%             | 2049-10-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CPI PROPERTY GROUP SA         | CPI Property Group SA                                                            | CUSIP: 000000000<br>LEI: 222100CO2ZOTEPGJO223 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $118107.60    | 2.28%             | 2032-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| YINSON BERGENIA PRODUCTI      | Yinson Bergenia Production BV                                                    | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |     16000 | PA      | $16810.08     | 0.32%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CK HUTCHISON INTL 24 II       | CK Hutchison International 24 II Ltd                                             | CUSIP: 178908AB5<br>LEI: 254900C3VDI6RVRNF366 | Long             | DBT              | CORP              | KY        |    110000 | PA      | $109519.30    | 2.12%             | 2034-09-13      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KOREA GAS CORP                | Korea Gas Corp                                                                   | CUSIP: 50066CAR0<br>LEI: 988400TFZILHBD5M3R71 | Long             | DBT              | NUSS              | KR        |    200000 | PA      | $178850.00    | 3.45%             | 2031-07-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA          | Samarco Mineracao SA                                                             | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     45347 | PA      | $46126.25     | 0.89%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD           | Shriram Finance Ltd                                                              | CUSIP: 82556FAA0<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |     50000 | PA      | $51000.00     | 0.98%             | 2027-04-22      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO      | OCP SA                                                                           | CUSIP: 67091TAG0<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     79000 | PA      | $87293.42     | 1.69%             | 2054-05-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE       | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |      7000 | PA      | $6880.93      | 0.13%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA LUX II SRL      | Tierra Mojada Luxembourg II Sarl                                                 | CUSIP: 30260LAA3<br>LEI: 254900H2U8PBIY32VI94 | Long             | DBT              | CORP              | LU        |     16025 | PA      | $15751.73     | 0.30%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES             | Vedanta Resources Finance II PLC                                                 | CUSIP: 92243XAM3<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $51062.50     | 0.99%             | 2030-07-24      | Fixed         | 9.47%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS           | Braskem Netherlands Finance BV                                                   | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |     59000 | PA      | $22697.30     | 0.44%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IHS MAURITIUS NG HOLDCO       | IHS Netherlands Holdco BV                                                        | CUSIP: 44963LAC0<br>LEI: 5493006Z6YQYCCN2XI74 | Long             | DBT              | CORP              | NL        |     54311 | PA      | $54300.77     | 1.05%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD            | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    145000 | PA      | $147219.95    | 2.84%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                   | Geopark Ltd                                                                      | CUSIP: 37255BAC3<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |     22000 | PA      | $20515.00     | 0.40%             | 2030-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| VF UKRAINE (VFU FUNDING)      | VF Ukraine PAT via VFU Funding PLC                                               | CUSIP: 918212AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | UA        |     51015 | PA      | $49229.77     | 0.95%             | 2027-02-11      | Variable      | 9.62%                 | No            |                  2 | On Loan: No      |
| ATP TOW/ANDEAN TELECOM        | ATP Tower Holdings / Andean Telecom Partners Chile SpA / Andean Tower Partners C | CUSIP: 00193BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     22000 | PA      | $22660.00     | 0.44%             | 2030-02-03      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SCOTIABANK PERU SA            | Scotiabank Peru SAA                                                              | CUSIP: 80928HAB9<br>LEI: 5493001E54CPRG5J5Q41 | Long             | DBT              | CORP              | PE        |     26000 | PA      | $26949.00     | 0.52%             | 2035-10-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| WE SODA INV HOLDING PLC       | WE Soda Investments Holding PLC                                                  | CUSIP: 92943TAA1<br>LEI: 984500SE38C07DB47A90 | Long             | DBT              | CORP              | GB        |     27000 | PA      | $27244.69     | 0.53%             | 2028-10-06      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FREEPORT INDONESIA PT         | Freeport Indonesia PT                                                            | CUSIP: 000000000<br>LEI: 549300T4HTQHRKLNE619 | Long             | DBT              | CORP              | ID        |     60000 | PA      | $61064.10     | 1.18%             | 2032-04-14      | Fixed         | 5.32%                 | No            |                  2 | On Loan: No      |
| FORESEA HOLDING SA            | FORESEA Holding SA                                                               | CUSIP: 262051AA3<br>LEI: 254900BAD50AKYGIMV79 | Long             | DBT              | CORP              | LU        |     39000 | PA      | $38321.01     | 0.74%             | 2030-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MSU ENERGY SA                 | MSU Energy SA                                                                    | CUSIP: 55377JAC1<br>LEI: 529900D1ZX75KRP2HC66 | Long             | DBT              | CORP              | AR        |     49000 | PA      | $47438.37     | 0.92%             | 2030-12-05      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L      | First Quantum Minerals Ltd                                                       | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     24000 | PA      | $25237.50     | 0.49%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AXIA ENERGIA                  | Axia Energia                                                                     | CUSIP: 15234VAA5<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |     25000 | PA      | $25458.75     | 0.49%             | 2035-01-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| THAIOIL TRSRY CENTER          | Thaioil Treasury Center Co Ltd                                                   | CUSIP: 88323AAB8<br>LEI: 549300NH03B9E8VGJR89 | Long             | DBT              | CORP              | TH        |    100000 | PA      | $89220.00     | 1.72%             | 2043-01-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VAMOS EUROPE SA               | Vamos Europe SA                                                                  | CUSIP: 92049NAA7<br>LEI: 894500FA5CLVV8HLE261 | Long             | DBT              | CORP              | LU        |     22000 | PA      | $21099.38     | 0.41%             | 2031-01-26      | Fixed         | 9.20%                 | No            |                  2 | On Loan: No      |
| TRIDENT ENERGY FINANCE        | Trident Energy Finance PLC                                                       | CUSIP: 89616MAB6<br>LEI: 9845004ECK3FYO64I382 | Long             | DBT              | CORP              | GB        |     19000 | PA      | $19302.86     | 0.37%             | 2029-11-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| ZORLU ENERJI ELEKTRIK         | Zorlu Enerji Elektrik Uretim AS                                                  | CUSIP: 98977LAA4<br>LEI: 7890005B5CSNL39OYO75 | Long             | DBT              | CORP              | TR        |     21000 | PA      | $18142.74     | 0.35%             | 2030-04-23      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV               | Cemex SAB de CV                                                                  | CUSIP: 151290CC5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     30000 | PA      | $31272.00     | 0.60%             | N/A             | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB        | Orbia Advance Corp SAB de CV                                                     | CUSIP: 68560EAD0<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |     14000 | PA      | $13581.54     | 0.26%             | 2035-05-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FS LUXEMBOURG SARL            | FS Luxembourg Sarl                                                               | CUSIP: 30315XAC8<br>LEI: 222100EKR3JUJPGGOY81 | Long             | DBT              | CORP              | LU        |     17000 | PA      | $17738.48     | 0.34%             | 2031-02-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| POINSETTIA FINANCE LTD        | Poinsettia Finance Ltd Sarl                                                      | CUSIP: 000000000<br>LEI: 549300P2JTF5JKW10Z65 | Long             | DBT              | CORP              | LU        |     32456 | PA      | $31885.34     | 0.62%             | 2031-06-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ORAZUL ENERGY PERU SA         | Orazul Energy Peru SA                                                            | CUSIP: 685948AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |     20000 | PA      | $20186.60     | 0.39%             | 2032-09-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ABU DHABI NATIONAL ENERG      | Abu Dhabi National Energy Co PJSC                                                | CUSIP: 00388WAM3<br>LEI: 213800UNJSVQFNUYYW03 | Long             | DBT              | CORP              | AE        |    100000 | PA      | $100842.00    | 1.95%             | 2033-04-24      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER      | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971U2J5<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |      6000 | PA      | $6262.50      | 0.12%             | 2035-07-30      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD          | Tencent Holdings Ltd                                                             | CUSIP: 88032WAU0<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     50000 | PA      | $46729.00     | 0.90%             | 2030-06-03      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| ACCESS BANK PLC               | Access Bank PLC                                                                  | CUSIP: 00434G2B5<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |     15000 | PA      | $14878.50     | 0.29%             | 2026-09-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE       | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |     13000 | PA      | $12570.48     | 0.24%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| 3R LUX SARL                   | 3R Lux SARL                                                                      | CUSIP: 88563PAA6<br>LEI: 9845007D0DF0BEFD8D97 | Long             | DBT              | CORP              | LU        |     12000 | PA      | $12367.56     | 0.24%             | 2031-02-05      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA          | YPF SA                                                                           | CUSIP: 984245AX8<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     38000 | PA      | $40481.78     | 0.78%             | 2031-01-17      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM      | Volcan Cia Minera SAA                                                            | CUSIP: 92863UAD8<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |     16000 | PA      | $16418.08     | 0.32%             | 2032-10-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXICO SAB          | Grupo Aeromexico SAB de CV                                                       | CUSIP: 40054JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |     36000 | PA      | $36798.48     | 0.71%             | 2031-11-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA           | Banco Davivienda SA                                                              | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |     38000 | PA      | $39540.43     | 0.76%             | 2035-07-02      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| AZULE ENERGY FINANCE PLC      | Azule Energy Finance Plc                                                         | CUSIP: 05501YAA6<br>LEI: 2138006X6O82RJSQDB63 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $50041.50     | 0.97%             | 2030-01-23      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTIO      | Yinson Boronia Production BV                                                     | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     25508 | PA      | $27826.41     | 0.54%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| METINVEST BV                  | Metinvest BV                                                                     | CUSIP: 591555AF4<br>LEI: 635400TMCKVEU87EJ582 | Long             | DBT              | CORP              | NL        |     35000 | PA      | $26075.00     | 0.50%             | 2029-10-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ORLEN SA                      | ORLEN SA                                                                         | CUSIP: 68666UAA3<br>LEI: 259400VVMM70CQREJT74 | Long             | DBT              | CORP              | PL        |     60000 | PA      | $63150.00     | 1.22%             | 2035-01-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALPEK SA DE CV                | Alpek SAB de CV                                                                  | CUSIP: 020564AE0<br>LEI: 549300PWKJTP62D4IQ66 | Long             | DBT              | CORP              | MX        |     29000 | PA      | $24613.75     | 0.48%             | 2031-02-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE      | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |     28000 | PA      | $27660.92     | 0.53%             | 2031-10-04      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD             | Kosmos Energy Ltd                                                                | CUSIP: 000000000<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45750.00     | 0.88%             | 2027-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD               | IHS Holding Ltd                                                                  | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     52000 | PA      | $54247.44     | 1.05%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AYDEM YENILENEBILIR ENER      | Aydem Yenilenebilir Enerji AS                                                    | CUSIP: 054644AB5<br>LEI: 9845009C50EDA74OA532 | Long             | DBT              | CORP              | TR        |     23000 | PA      | $22597.50     | 0.44%             | 2030-09-30      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| PROSUS NV                     | Prosus NV                                                                        | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $113515.00    | 2.19%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| INVERSIONES CMPC SA           | Inversiones CMPC SA                                                              | CUSIP: 46128MAU5<br>LEI: 549300G475ACIABB4385 | Long             | DBT              | CORP              | CL        |     42000 | PA      | $42181.02     | 0.81%             | 2057-12-09      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FINANCE          | Raizen Fuels Finance SA                                                          | CUSIP: 75102XAA4<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     11000 | PA      | $10480.69     | 0.20%             | 2027-01-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MEDCO BELL PTE LTD            | Medco Bell Pte Ltd                                                               | CUSIP: 000000000<br>LEI: 2549003PNDCWIWGKC768 | Long             | DBT              | CORP              | SG        |    100000 | PA      | $100000.00    | 1.93%             | 2027-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SAAVI ENERGIA SARL            | Saavi Energia Sarl                                                               | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |     18000 | PA      | $19465.65     | 0.38%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV               | Cemex SAB de CV                                                                  | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     34000 | PA      | $33936.42     | 0.66%             | N/A             | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENERGY INC        | Gran Tierra Energy Inc                                                           | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |     31000 | PA      | $21545.00     | 0.42%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PETRONAS CAPITAL LTD          | Petronas Capital Ltd                                                             | CUSIP: 716743AV1<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     13000 | PA      | $13420.42     | 0.26%             | 2031-01-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                  | Ecopetrol SA                                                                     | CUSIP: 279158AE9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     22000 | PA      | $20143.86     | 0.39%             | 2043-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AFRICAN EXPORT-IMPORT BA      | African Export-Import Bank/The                                                   | CUSIP: 00831TAB7<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | N/A       |     45000 | PA      | $44268.75     | 0.85%             | 2026-05-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| HANWHA LIFE INSURANCE         | Hanwha Life Insurance Co Ltd                                                     | CUSIP: 41135UAC9<br>LEI: 988400ZKCI3R9DQHR320 | Long             | DBT              | CORP              | KR        |     20000 | PA      | $20768.00     | 0.40%             | 2055-06-24      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| ENN CLEAN ENERGY              | ENN Clean Energy International Investment Ltd                                    | CUSIP: 268733AA0<br>LEI: 3003009YZ3S5V395NR77 | Long             | DBT              | CORP              | VG        |     50000 | PA      | $49769.50     | 0.96%             | 2026-05-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SUZANO AUSTRIA GMBH           | Suzano Austria GmbH                                                              | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |     55000 | PA      | $51843.00     | 1.00%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO DEL PER      | Banco de Credito del Peru S.A.                                                   | CUSIP: 05971U2H9<br>LEI: 549300EQYQ8SCQZ4BY14 | Long             | DBT              | CORP              | PE        |     25000 | PA      | $25327.50     | 0.49%             | 2035-03-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| OHI GROUP SA                  | OHI Group SA                                                                     | CUSIP: 67712MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |     29450 | PA      | $29956.25     | 0.58%             | 2029-07-22      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD               | IHS Holding Ltd                                                                  | CUSIP: 44963HAC9<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     33000 | PA      | $33930.60     | 0.66%             | 2030-05-29      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS BANK LTD      | United Overseas Bank Ltd                                                         | CUSIP: 91127KAL6<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     10000 | PA      | $10019.90     | 0.19%             | 2028-04-02      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| PRIO LUX HLD SARL             | PRIO Luxembourg Holding Sarl                                                     | CUSIP: 74259PAA5<br>LEI: 2221003VQP4JY7T31H94 | Long             | DBT              | CORP              | LU        |     19000 | PA      | $18522.72     | 0.36%             | 2030-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA          | Telecom Argentina SA                                                             | CUSIP: 879273AU4<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     24000 | PA      | $25296.24     | 0.49%             | 2031-07-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE SA              | Movida Europe SA                                                                 | CUSIP: 62459LAC3<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | LU        |     20000 | PA      | $18930.00     | 0.37%             | 2029-04-11      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| SIERRACOL EN AND/ARA/DEV      | SierraCol Energy Andina LLC/SierraCol Energy Arauca/Colombia Energy Development  | CUSIP: 82653NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $16975.62     | 0.33%             | 2030-11-14      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE       | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     30000 | PA      | $29606.25     | 0.57%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD                 | HTA Group Ltd/Mauritius                                                          | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |    129000 | PA      | $133435.02    | 2.58%             | 2029-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SITIOS LATINOAMERICA          | Sitios Latinoamerica SAB de CV                                                   | CUSIP: 03217KAB4<br>LEI: 984500D2C0CDC0BFDD35 | Long             | DBT              | CORP              | MX        |     19000 | PA      | $19115.90     | 0.37%             | 2032-04-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ADANIREN KODSOPAR WARSOM      | Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash | CUSIP: 00654CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |     82125 | PA      | $69600.94     | 1.34%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MONG DUONG FIN HLDGS BV       | Mong Duong Finance Holdings BV                                                   | CUSIP: 60935DAA3<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |     57938 | PA      | $57413.08     | 1.11%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD               | Sands China Ltd                                                                  | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $101948.00    | 1.97%             | 2028-08-08      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| TSMC GLOBAL LTD               | TSMC Global Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300N2ZLI21P85T117 | Long             | DBT              | CORP              | VG        |    100000 | PA      | $88210.00     | 1.70%             | 2030-09-28      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| MINEJESA CAPITAL BV           | Minejesa Capital BV                                                              | CUSIP: 602736AA8<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |     89900 | PA      | $89478.37     | 1.73%             | 2030-08-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| YPF ENERGIA ELECTRICA SA      | YPF Energia Electrica SA                                                         | CUSIP: 98424MAB9<br>LEI: 5493002XN8FRTYQLR778 | Long             | DBT              | CORP              | AR        |     36000 | PA      | $35987.40     | 0.70%             | 2032-10-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI            | Braskem Idesa SAPI                                                               | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |      6000 | PA      | $3492.60      | 0.07%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO      | OCP SA                                                                           | CUSIP: 67091TAB1<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     20000 | PA      | $20822.20     | 0.40%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLD/FOOD/LUX CO      | JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl                       | CUSIP: 46590XAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     18000 | PA      | $13991.88     | 0.27%             | 2052-02-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| KAZMUNAYGAS NATIONAL CO       | KazMunayGas National Co JSC                                                      | CUSIP: 48126PAA0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     75000 | PA      | $67664.25     | 1.31%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** Virtus Managed Account Completion Shares (MACS) Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer