# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0000940400-26-020486
**Filing Date:** 2026-5
**Character Count:** 110895
**Document Hash:** 4a7e0a3f756bad3c85958a697c176a7e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020486.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020486

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950

**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:** 811-21475
- **FILM NUMBER:** 261007708

**BUSINESS ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401
- **BUSINESS PHONE:** 612-380-1198

**MAIL ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAMARACK FUNDS TRUST
- **DATE OF NAME CHANGE:** 20031212

## Series and Classes Contracts Data

### RBC BlueBay High Yield Bond Fund (Series ID: S000033481)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000102921 | Class A      | RHYAX           |
| C000102922 | Class I      | RGHYX           |
| C000268419 | Class R6     | RHYRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** RBC Funds Trust

- **b. Investment Company Act file number:** 811-21475

- **c. CIK number of Registrant:** 0001272950

- **d. LEI of Registrant:** 549300456VUEP58RCU35

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

  - **Street Address 1:** 250 Nicollet Mall

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55401

  - **Telephone number:** 612-376-7000

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

- **a. Name of Series:** RBC BlueBay High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000033481

- **c. LEI of Series:** 549300R60UYQ0PTUI721

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

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

- **b. Date as of which information is reported:** 2026-03-31

**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:** $1480695366.24

**Total Liabilities:** $6049431.94

**Net Assets:** $1474645934.30

**Delayed Delivery Securities:** $5486000.00

**Cash Not Reported:** $10737533.12

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 432.91000000 | **1-Year:** 2807.01000000 | **5-Year:** 2087.04000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 3997.38000000 | **1-Year:** 112951.61000000 | **5-Year:** 233596.15000000 | **10-Year:** 72091.26000000 | **30-Year:** 6834.65000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000102921 | 0.61%                | 0.08%                | -1.60%               |
| Class ID C000268419 | 0.80%                | 0.00%                | -1.46%               |
| Class ID C000102922 | 0.70%                | -0.01%               | -1.56%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1201884.65              | $910419.55                                 |
| Month 2  | $721488.92               | $-6390860.23                               |
| Month 3  | $-2860201.50             | $-25851389.58                              |

**Designated Index Information**

- **Index Name:** ICE BofA US High Yield Index

- **Index Identifier:** H0A0

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HA Sustainable Infrastructure Capital Inc                                           | HASI V8 06/01/56                                                                                                                     | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   5291000 | PA      | $5465645.94   | 0.37%             | 2056-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Acceptance Co LLC                                                      | NSANY 2.75 03/09/28 144A                                                                                                             | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2172151.78   | 0.15%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                       | SM 6.625 04/15/34 144A                                                                                                               | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   5219000 | PA      | $5216180.66   | 0.35%             | 2034-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                         | FIBCOP 6.375 11/15/33 2033                                                                                                           | CUSIP: 683879AB6<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   8422000 | PA      | $8300121.57   | 0.56%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings Inc                                                              | ENR 6 09/15/33 144A                                                                                                                  | CUSIP: 29272WAG4<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   5194000 | PA      | $4868502.96   | 0.33%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                               | NLSN 9.5 02/15/33 144A                                                                                                               | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   2288000 | PA      | $2228590.75   | 0.15%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                  | BBVASM V7.75 PERP                                                                                                                    | CUSIP: 05946KAS0<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |  11292000 | PA      | $11549457.05  | 0.78%             | N/A             | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | Citigroup Inc. DEPOSITARY SHARES EACH REPRESENTING A 1/1,000TH INTEREST IN A SHARE OF 6.25% NONCUMULATIVE PREFERRED STOCK, SERIES II | CUSIP: 172967242<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    296725 | NS      | $7314271.25   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AIRLINES INC                                                               | AAL 7.25 02/15/28 144A                                                                                                               | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7088000 | PA      | $7133812.65   | 0.48%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                             | MRP 6.25 09/15/32 144A                                                                                                               | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5929000 | PA      | $5829258.85   | 0.40%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC                                                                | ASHWOO 6.875 08/01/33 144A                                                                                                           | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5185000 | PA      | $5005095.32   | 0.34%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                                                  | RAKUTN 9.75 04/15/29 144A                                                                                                            | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   4897000 | PA      | $5222320.97   | 0.35%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Prairie Acquiror LP                                                                 | TGE 9 08/01/29 144A                                                                                                                  | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |   4930000 | PA      | $5097504.62   | 0.35%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Element Solutions Inc                                                               | ESI 3.875 09/01/28 144A                                                                                                              | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |  12193000 | PA      | $11867122.86  | 0.80%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| California Resources Corporation                                                    | CRC 7 01/15/34 144A                                                                                                                  | CUSIP: 13057QAL1<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   8103000 | PA      | $8152050.58   | 0.55%             | 2034-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                          | VMED 4.75 07/15/31 144A                                                                                                              | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |  11407000 | PA      | $9813328.72   | 0.67%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp.                                                                | NCX 4.25 05/15/29 144A                                                                                                               | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   7474000 | PA      | $7273819.94   | 0.49%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc                                                                 | ROCSOF 9 11/28/28 144A                                                                                                               | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   7436000 | PA      | $7424883.01   | 0.50%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                                       | CWENA 5.75 01/15/34 144A                                                                                                             | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   5460000 | PA      | $5378266.39   | 0.36%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Voyager Parent LLC                                                                  | EVRI 9.25 07/01/32 144A                                                                                                              | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   8898000 | PA      | $9264832.99   | 0.63%             | 2032-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                 | MEDIND 3.875 04/01/29 144A                                                                                                           | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |  12608000 | PA      | $12202169.50  | 0.83%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                           | XIFR 7.75 04/15/34 144A                                                                                                              | CUSIP: 98379YAA0<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   5116000 | PA      | $5283175.10   | 0.36%             | 2034-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| New Gold, Inc.                                                                      | NGDCN 6.875 04/01/32 144A                                                                                                            | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |   7473000 | PA      | $7723083.86   | 0.52%             | 2032-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                | HOWARD 6.625 01/15/34 144A                                                                                                           | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5761000 | PA      | $5772498.78   | 0.39%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                       | OMF 3.5 01/15/27                                                                                                                     | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   7703000 | PA      | $7567315.76   | 0.51%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QUINTISEQUITY                                                                       | QUINTISEQUITY                                                                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     70137 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| United States Treasury Notes                                                        | T 3.5 02/28/31                                                                                                                       | CUSIP: 91282CQD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22851100 | PA      | $22408359.94  | 1.52%             | 2031-02-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                   | ILIADH 7 10/15/28 144A                                                                                                               | CUSIP: 449691AC8<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |   5655000 | PA      | $5689507.41   | 0.39%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                      | ZFFNGR 7.5 03/24/31 144A                                                                                                             | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |  14325000 | PA      | $14054530.18  | 0.95%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc.                                                   | HLT 3.75 05/01/29 144A                                                                                                               | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   6657000 | PA      | $6384700.91   | 0.43%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS BORROWER ESCROW LLC                                          | HGVLLC 6.625 01/15/32 144A                                                                                                           | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4725000 | PA      | $4675935.67   | 0.32%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                | NCLH 5.875 01/15/31 144A                                                                                                             | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   5315000 | PA      | $5162977.90   | 0.35%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp/ Canadas Wonderland Company/ Millennium Operations LLC | FUN 8.625 01/15/32 144A                                                                                                              | CUSIP: 83003AAA8<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   5779000 | PA      | $5788510.29   | 0.39%             | 2032-01-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                             | KGS 5.875 04/01/31 144A                                                                                                              | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   6869000 | PA      | $6898021.42   | 0.47%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP                                                                      | UNIT 8.625 06/15/32 144A                                                                                                             | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9206000 | PA      | $9528523.08   | 0.65%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Nesco Holdings II Incorporated                                                      | NSCO 5.5 04/15/29 144A                                                                                                               | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |   5787000 | PA      | $5663038.34   | 0.38%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                                                  | RAKUTN 11.25 02/15/27 144A                                                                                                           | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   4702000 | PA      | $4866332.26   | 0.33%             | 2027-02-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Griffon Corp                                                                        | GFF 5.75 03/01/28                                                                                                                    | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   6002000 | PA      | $5970402.79   | 0.40%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Acushnet Co                                                                         | GOLF 5.625 12/01/33 144A                                                                                                             | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |   4478000 | PA      | $4467144.04   | 0.30%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC/Anywhere Co-Issuer Corp.                             | HOUS 7 04/15/30 144A                                                                                                                 | CUSIP: 75606DAS0<br>LEI: LF6PBYTYG3BDVEF4FI12 | Long             | DBT              | CORP              | US        |  11373167 | PA      | $11398251.73  | 0.77%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| William Carter Company                                                              | CRI 7.375 02/15/31 144A                                                                                                              | CUSIP: 96926JAG2<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |   5639000 | PA      | $5757062.47   | 0.39%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                           | TIBX 8.25 06/30/32 144A                                                                                                              | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   6870000 | PA      | $6528952.26   | 0.44%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners LP/ Delek Logistics Finance Corp.                          | DKL 7.375 06/30/33 144A                                                                                                              | CUSIP: 24665FAE2<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |   3669000 | PA      | $3697083.07   | 0.25%             | 2033-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc                                                               | RGCARE 9.875 08/15/30 144A                                                                                                           | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   4349000 | PA      | $4606584.18   | 0.31%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| United Air Lines, Inc.                                                              | UAL 4.625 04/15/29 144A                                                                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   7887000 | PA      | $7731640.62   | 0.52%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Banco Mercantil Del Norte SA Cayman Islands Branch                                  | BANORT V8.375 PERP 144a                                                                                                              | CUSIP: 05971PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4180000 | PA      | $4306922.20   | 0.29%             | N/A             | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                 | AXL 7.75 10/15/33 144A                                                                                                               | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |  10579000 | PA      | $10300360.36  | 0.70%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Pagaya US Holding Co. LLC                                                           | PGY 8.875 08/01/30                                                                                                                   | CUSIP: 69549FAC3<br>LEI: 254900M9VGE3HM0OYH17 | Long             | DBT              | CORP              | US        |   5433000 | PA      | $3901298.31   | 0.26%             | 2030-08-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Macys Retail Holdings LLC                                                           | M 7.375 08/01/33 144A                                                                                                                | CUSIP: 55617LAS1<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   4032000 | PA      | $4123336.62   | 0.28%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                            | WCC 7.25 06/15/28 144A                                                                                                               | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  11038000 | PA      | $11100691.74  | 0.75%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                           | XIFR 8.375 01/15/31 144A                                                                                                             | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   5277000 | PA      | $5566762.56   | 0.38%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc                                                               | RGCARE 11 10/15/30 144A                                                                                                              | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   9419000 | PA      | $10141630.22  | 0.69%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                             | NXST 7.25 04/15/34 144A                                                                                                              | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   5486000 | PA      | $5497955.35   | 0.37%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                 | CAR 5.75 07/15/27 144A                                                                                                               | CUSIP: 053773BC0<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |   8302000 | PA      | $8292816.69   | 0.56%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Huntington Bancshares Incorporated                                                  | HBAN V6.25 PERP K                                                                                                                    | CUSIP: 446150BG8<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |   7491000 | PA      | $7359917.19   | 0.50%             | N/A             | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                | ASUCOR 8 12/31/32 144A                                                                                                               | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   3604000 | PA      | $3741627.60   | 0.25%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Infinity Natural Resources LLC                                                      | INFNAR 7.625 04/01/31 144A                                                                                                           | CUSIP: 45690BAA3<br>LEI: 54930021094IFVB5ND43 | Long             | DBT              | CORP              | US        |   5166000 | PA      | $5193943.15   | 0.35%             | 2031-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                                 | AVTR 3.875 11/01/29 144A                                                                                                             | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   6104000 | PA      | $5726938.79   | 0.39%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc.                                                                 | FOR 5 03/01/28 144A                                                                                                                  | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   6166000 | PA      | $6095143.68   | 0.41%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                             | NXST 6.5 09/15/33 144A                                                                                                               | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   8781000 | PA      | $8848926.88   | 0.60%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                                               | KIOXIA 6.625 07/24/33 144A                                                                                                           | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |   6198000 | PA      | $6352813.80   | 0.43%             | 2033-07-24      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners, LP and Tallgrass Energy Finance Corp.                    | TEP 7.375 02/15/29 144A                                                                                                              | CUSIP: 87470LAL5<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |   4778000 | PA      | $4910928.17   | 0.33%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                                                        | ANGINC V7 12/01/55                                                                                                                   | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   8233000 | PA      | $7774346.25   | 0.53%             | 2055-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Marriott Ownership Resorts Inc                                                      | VAC 6.5 10/01/33 144A                                                                                                                | CUSIP: 57164PAK2<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   6466000 | PA      | $6148155.12   | 0.42%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                       | FREMOR 9.25 02/01/29 144A                                                                                                            | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   6291000 | PA      | $6379051.40   | 0.43%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                       | SM 9.625 06/15/33 144A                                                                                                               | CUSIP: 17888HAD5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   7094000 | PA      | $7850454.98   | 0.53%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                        | BACR V8 PERP                                                                                                                         | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   7034000 | PA      | $7253479.83   | 0.49%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Bread Financial Holdings Inc                                                        | BFH V8.375 06/15/35 144A                                                                                                             | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   5988000 | PA      | $6053098.15   | 0.41%             | 2035-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                          | VMED 7.75 04/15/32 144A                                                                                                              | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   3404000 | PA      | $3263770.89   | 0.22%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. LTD                                                                    | BHCCN 10 04/15/32 144A                                                                                                               | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  11529000 | PA      | $11734547.75  | 0.80%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                | CCL 5.125 05/01/29 144A                                                                                                              | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   7582000 | PA      | $7524161.53   | 0.51%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                                                    | GWCN 8.375 11/15/32 144A                                                                                                             | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   3740000 | PA      | $3752695.48   | 0.25%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MEN'S WEARHOUSE LLC (THE)                                                           | Men's Wearhouse LLC/The                                                                                                              | CUSIP: 587118AF7<br>LEI: NKFP7BJ6WYEV4I24P532 | Long             | DBT              | CORP              | US        |   4931000 | PA      | $5015638.41   | 0.34%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                                                        | WH 5.625 03/01/33 144A                                                                                                               | CUSIP: 98311AAE5<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   4916000 | PA      | $4836833.13   | 0.33%             | 2033-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                             | ISATLN 9 09/15/29 144A                                                                                                               | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |   7184000 | PA      | $7545544.70   | 0.51%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corporation                  | UNSEAM 7.875 02/15/31 144A                                                                                                           | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   9800000 | PA      | $10107720.91  | 0.69%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| URBI DESARROLLOS URBANOS SAB DE CV                                                  | URBI DESARROLLOS URBANOS SAB DE CV WARRANTS                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | MX        |      3026 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Nissan Motor Acceptance Co LLC                                                      | NSANY 1.85 09/16/26 144A                                                                                                             | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  16793000 | PA      | $16503281.77  | 1.12%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                                                   | TIBX 6.5 03/31/29 144A                                                                                                               | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8100000 | PA      | $7881936.37   | 0.53%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                                       | SMYREA 6 11/01/28 144A                                                                                                               | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |  11701000 | PA      | $11617311.84  | 0.79%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                    | CHTR 5 02/01/28 144A                                                                                                                 | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6794000 | PA      | $6731442.49   | 0.46%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Axalta Coating Systems LLC                                                          | AXTA 3.375 02/15/29 144A                                                                                                             | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   8138000 | PA      | $7692285.47   | 0.52%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                        | THC 4.625 06/15/28                                                                                                                   | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   5714000 | PA      | $5665678.00   | 0.38%             | 2028-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3 SOMERSET INVESTOR 2 LLC / AQUARIAN INSURANCE HOLDINGS LLC             | AQUARI 7.875 11/01/29 144A                                                                                                           | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8375000 | PA      | $7569203.05   | 0.51%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Acrisure Llc / Acrisure Fin Inc                                                     | ACRISU 7.5 11/06/30 144A                                                                                                             | CUSIP: 00489LAL7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   8413000 | PA      | $8415409.73   | 0.57%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                                          | MHED 5.75 08/01/28 144A                                                                                                              | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   5559000 | PA      | $5499142.57   | 0.37%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Digicel International Finance Ltd/DIFL US LLC                                       | DIGDIF 8.625 08/01/32 144A                                                                                                           | CUSIP: 25381MAA5<br>LEI: 5493007V023VOEW4FK27 | Long             | DBT              | CORP              | BM        |   8228000 | PA      | $8327681.88   | 0.56%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Virgin Media Finance PLC                                                            | VMED 5 07/15/30 144A                                                                                                                 | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   9306000 | PA      | $7632060.21   | 0.52%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                  | IRM 4.875 09/15/27 144A                                                                                                              | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  11166000 | PA      | $11147129.15  | 0.76%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES LTD                                                             | BMCAUS 4.75 01/15/28 144A                                                                                                            | CUSIP: 853496AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |  10299000 | PA      | $10194152.76  | 0.69%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                      | C V6.625 PERP                                                                                                                        | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   7386000 | PA      | $7385319.27   | 0.50%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                               | NLSN 9.29 04/15/29 144A                                                                                                              | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   3641000 | PA      | $3654460.99   | 0.25%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio LLC                                                                 | SIRI 4 07/15/28 144A                                                                                                                 | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  11157000 | PA      | $10781873.08  | 0.73%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                  | VEGLPL 6.5 01/15/34 144A                                                                                                             | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   4415000 | PA      | $4602985.39   | 0.31%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ardonagh Finco Ltd.                                                                 | ARDGRP 7.75 02/15/31 144A                                                                                                            | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |   5625000 | PA      | $5682524.89   | 0.39%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                                               | KIOXIA 6.25 07/24/30 144A                                                                                                            | CUSIP: 49726JAA6<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |   7232000 | PA      | $7357270.49   | 0.50%             | 2030-07-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                                            | CRK 6.75 03/01/29 144A                                                                                                               | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |  10996000 | PA      | $10847650.80  | 0.74%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                                                 | ALLY V4.7 PERP B                                                                                                                     | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   8173000 | PA      | $8093228.86   | 0.55%             | N/A             | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corp.                                                             | CMCO 7.125 02/01/33 144A                                                                                                             | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |   7649000 | PA      | $7633257.67   | 0.52%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| RBC Funds Trust                                                                     | RBC BlueBay U.S. Government Money Market Fund                                                                                        | CUSIP: 74926P696<br>LEI: 549300456VUEP58RCU35 | Long             | STIV             | RF                | US        |  25421046 | NS      | $25421046.02  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Discovery Global Holdings Inc.                                                      | WBD 4.279 03/15/32 *                                                                                                                 | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   3881000 | PA      | $3436009.07   | 0.23%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| Amerigas Partners, L.P./Amerigas Finance Corp.                                      | APU 9.375 06/01/28 144A                                                                                                              | CUSIP: 030981AM6<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |  11407000 | PA      | $11706857.91  | 0.79%             | 2028-06-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Apld Computeco 2 LLC                                                                | PFORGE 6.75 03/15/31 144A                                                                                                            | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7084000 | PA      | $7043824.92   | 0.48%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners LP/ Delek Logistics Finance Corp.                          | DKL 8.625 03/15/29 144A                                                                                                              | CUSIP: 24665FAD4<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |   4760000 | PA      | $4926628.64   | 0.33%             | 2029-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                              | MINAU 9.25 10/01/28 144A                                                                                                             | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   5691000 | PA      | $5898605.02   | 0.40%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH SYSTEMS INC                                                        | CYH 10.875 01/15/32 144A                                                                                                             | CUSIP: 12543DBN9<br>LEI: 549300BQWM4WENQ3YW73 | Long             | DBT              | CORP              | US        |  11000000 | PA      | $11817858.83  | 0.80%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                           | XIFR 8.625 03/15/33 144A                                                                                                             | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   3957000 | PA      | $4183802.57   | 0.28%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc.                                                                      | PRAA 8.875 01/31/30 144A                                                                                                             | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   9858000 | PA      | $9963192.25   | 0.68%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Planet Financial Group LLC                                                          | PLNFIN 10.5 12/15/29 144A                                                                                                            | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7700000 | PA      | $7388204.16   | 0.50%             | 2029-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Paramount Global                                                                    | PARA 2.9 01/15/27                                                                                                                    | CUSIP: 124857AR4<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   3768000 | PA      | $3703818.88   | 0.25%             | 2027-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Banco Mercantil Del Norte SA Cayman Islands Branch                                  | BANORT V8.75 PERP 144A                                                                                                               | CUSIP: 05971PAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   6146000 | PA      | $6438964.96   | 0.44%             | N/A             | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Voltagrid LLC                                                                       | VOLTAG 7.375 11/01/30 144A                                                                                                           | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |   5972000 | PA      | $6162317.74   | 0.42%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                      | WBD 5.05 03/15/42 *                                                                                                                  | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |  10442000 | PA      | $6966253.92   | 0.47%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Ziggo Bond Company B.V.                                                             | ZIGGO 5.125 02/28/30 144a                                                                                                            | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   3588000 | PA      | $3072976.72   | 0.21%             | 2030-02-28      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                                       | WHTCAP 7.375 11/15/30 144A                                                                                                           | CUSIP: 96467GAC2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |   7374000 | PA      | $7157528.10   | 0.49%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PENN Entertainment Inc                                                              | PENN 6.75 04/01/31 144A                                                                                                              | CUSIP: 707569AY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5910000 | PA      | $5741865.07   | 0.39%             | 2031-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                      | RCM 6.875 11/15/31 144A                                                                                                              | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5212000 | PA      | $5051764.65   | 0.34%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                                        | FOCS 6.75 09/15/31 144A                                                                                                              | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |   5676000 | PA      | $5646292.89   | 0.38%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                      | CRWV 9.25 06/01/30 144A                                                                                                              | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   4743000 | PA      | $4612958.19   | 0.31%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Abpci Direct Lending Fd Clo V Ltd                                                   | ACRISU 4.25 02/15/29 144A                                                                                                            | CUSIP: 00489LAF0<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   5171000 | PA      | $4878248.25   | 0.33%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Macys Retail Holdings LLC                                                           | M 6.125 03/15/32 144A                                                                                                                | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   5189000 | PA      | $5108308.75   | 0.35%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                      | CRWV 9 02/01/31 144A                                                                                                                 | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    854000 | PA      | $812220.41    | 0.06%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Apld Computeco LLC                                                                  | APLD 9.25 12/15/30 144A                                                                                                              | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12622000 | PA      | $13005701.15  | 0.88%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                             | LVLT 6.875 06/30/33 144A                                                                                                             | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |  14151618 | PA      | $14410124.28  | 0.98%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                                                            | SBAC 3.875 02/15/27                                                                                                                  | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   8124000 | PA      | $8042401.73   | 0.55%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                             | KGS 6.5 10/01/33 144A                                                                                                                | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   7773000 | PA      | $7839455.32   | 0.53%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United Airlines Holdings Inc                                                        | UAL 4.875 03/01/29                                                                                                                   | CUSIP: 910047AM1<br>LEI: 98450079DA0B78DD6764 | Long             | DBT              | CORP              | US        |   8845000 | PA      | $8678659.47   | 0.59%             | 2029-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                                          | MHED 7.375 09/01/31 144A                                                                                                             | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3748616.60   | 0.25%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                         | HOV 8.375 10/01/33 144A                                                                                                              | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   5492000 | PA      | $5430494.15   | 0.37%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                                                 | ALLY V6.646 01/17/40                                                                                                                 | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   5768000 | PA      | $5562725.40   | 0.38%             | 2040-01-17      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                                       | F 2.7 08/10/26                                                                                                                       | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   9261000 | PA      | $9192318.70   | 0.62%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                                                | CROSIN 6.5 10/01/30 144A                                                                                                             | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7830000 | PA      | $7463526.68   | 0.51%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SV RNO Property Owner 1 LLC                                                         | TRACTC 5.875 03/01/31 144A                                                                                                           | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14737000 | PA      | $14603926.71  | 0.99%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP                                         | JEFFIN 5 08/15/28                                                                                                                    | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7970000 | PA      | $7437208.76   | 0.50%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| McAfee Corp                                                                         | MCFE 7.375 02/15/30 144A                                                                                                             | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   7709000 | PA      | $6359246.89   | 0.43%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                                  | VOD V4.125 06/04/81                                                                                                                  | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |   6282000 | PA      | $5743634.01   | 0.39%             | 2081-06-04      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                           | SUN V7.875 PERP 144A                                                                                                                 | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  11441000 | PA      | $11659219.70  | 0.79%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc.                                                             | MIK 8.5 03/15/33 144A                                                                                                                | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |  10964000 | PA      | $10676637.04  | 0.72%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                               | DTV 5.875 08/15/27 144A                                                                                                              | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1903000 | PA      | $1897265.53   | 0.13%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                       | FREMOR 7.875 04/01/33 144A                                                                                                           | CUSIP: 35641AAD0<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   9157000 | PA      | $8589414.04   | 0.58%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                             | VENLNG V9 PERP 144a                                                                                                                  | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   6415000 | PA      | $6385927.20   | 0.43%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                           | MGM 4.75 10/15/28                                                                                                                    | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   9858000 | PA      | $9698488.36   | 0.66%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital Inc                                           | HASI V7.125 11/15/56                                                                                                                 | CUSIP: 41068XAH3<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   4370000 | PA      | $4351383.33   | 0.30%             | 2056-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc.                                                             | AAP 7.375 08/01/33 144A                                                                                                              | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |   6352000 | PA      | $6419021.89   | 0.44%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                                | RKT 2.875 10/15/26 144A                                                                                                              | CUSIP: 77313LAA1<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   4402000 | PA      | $4350183.98   | 0.29%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                                                 | ADVGRO 6.75 08/01/32 144A                                                                                                            | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   8622000 | PA      | $8611792.23   | 0.58%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                                                | GM V5.75 PERP A                                                                                                                      | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |  11589000 | PA      | $11309893.68  | 0.77%             | N/A             | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                    | CHTR 5.125 05/01/27 144A                                                                                                             | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2390000 | PA      | $2390434.66   | 0.16%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Discovery Communications, LLC                                                       | WBD 5 09/20/37 *                                                                                                                     | CUSIP: 25470DBY4<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   6065000 | PA      | $4385569.10   | 0.30%             | 2037-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                   | CSCHLD 11.25 05/15/28 144A                                                                                                           | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   4829000 | PA      | $3956809.09   | 0.27%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM LLC                                                            | BLURAC 7 07/15/29 144A                                                                                                               | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2235000 | PA      | $2306315.97   | 0.16%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                                    | PARA V6.375 03/30/62                                                                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |  11672000 | PA      | $8541250.05   | 0.58%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings Llc                                                | FYBR 5 05/01/28 144A                                                                                                                 | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9197000 | PA      | $9198197.25   | 0.62%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD                                                                    | TOUCAN 9.5 05/15/30 144A                                                                                                             | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |  15475000 | PA      | $13508144.28  | 0.92%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| QUINTIS LTD                                                                         | QINAUS 7.5 10/01/26 144A                                                                                                             | CUSIP: 74877UAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    220972 | PA      | $17456.79     | 0.00%             | 2026-10-01      | Fixed         | 7.50%                 | No            |                  3 | On Loan: No      |
| Post Holdings Inc.                                                                  | POST 6.25 10/15/34 144A                                                                                                              | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   3299000 | PA      | $3230050.56   | 0.22%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                    | CHTR 4.75 03/01/30 144A                                                                                                              | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9003000 | PA      | $8539172.67   | 0.58%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                        | BACR V9.625 PERP                                                                                                                     | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   6508000 | PA      | $7101801.38   | 0.48%             | N/A             | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                                           | CMC 5.75 11/15/33 144A                                                                                                               | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   9595000 | PA      | $9513327.62   | 0.65%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                                     | SBGI 8.125 02/15/33 144A                                                                                                             | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   7356000 | PA      | $7497009.80   | 0.51%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| QUINTIS LTD                                                                         | QINAUS 12 10/01/28 144A                                                                                                              | CUSIP: 74877UAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    143548 | PA      | $0.00         | 0.00%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Sunoco LP                                                                           | SUN 4.5 10/01/29 144A                                                                                                                | CUSIP: 86765KAJ8<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   4682000 | PA      | $4540842.65   | 0.31%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                                       | CWENA 4.75 03/15/28 144A                                                                                                             | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   5415000 | PA      | $5350148.28   | 0.36%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                       | SM 7 08/01/32 144A                                                                                                                   | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   6870000 | PA      | $7013914.89   | 0.48%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                       | SM 6.75 08/01/29 144A                                                                                                                | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   3690000 | PA      | $3748208.90   | 0.25%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Reworld Holding Corp.                                                               | CVA 4.875 12/01/29 144A                                                                                                              | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   8990000 | PA      | $8440733.88   | 0.57%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Specialty Building Products Holdings LLC / SBP Finance Corp.                        | SBPLLC 7.75 10/15/29 144A                                                                                                            | CUSIP: 84749AAC1<br>LEI: 549300ICFD46O3KMJC06 | Long             | DBT              | CORP              | US        |   4282000 | PA      | $3722718.78   | 0.25%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Sunrise Finco I BV                                                                  | SUNN 4.875 07/15/31 144A                                                                                                             | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |  13747000 | PA      | $13036817.45  | 0.88%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                         | HOV 8 04/01/31 144A                                                                                                                  | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   4803000 | PA      | $4762628.72   | 0.32%             | 2031-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                                               | LONRID 8.75 02/15/32 144A                                                                                                            | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |   7158000 | PA      | $7507106.06   | 0.51%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| E.W. SCRIPPS COMPANY (THE)                                                          | SSP 3.875 01/15/29 144A                                                                                                              | CUSIP: 81105DAA3<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |   6435000 | PA      | $5949718.05   | 0.40%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Cyprium Corp./Cyprium Holdings Luxembourg S.a r.l.                                  | VGNT 6.375 04/15/34 144A                                                                                                             | CUSIP: 23292NAB4<br>LEI: 254900V7LN9S9W17X250 | Long             | DBT              | CORP              | US        |   4157000 | PA      | $4039428.46   | 0.27%             | 2034-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AVTCAP WARR                                                                         | AVTCAP WARR                                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     12023 | NS      | $2864.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CMG MEDIA CORP                                                                      | CMGMCO 8.875 06/18/29 144A                                                                                                           | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11242716 | PA      | $9704628.27   | 0.66%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| American Builders & Contractors Supply Co., Inc.                                    | ABCSUP 4 01/15/28 144A                                                                                                               | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |   6069119 | PA      | $5953593.53   | 0.40%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                           | TIBX 9 09/30/29 144A                                                                                                                 | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   4148000 | PA      | $4001877.32   | 0.27%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                                                 | USLBMH 9.5 06/15/31 144A                                                                                                             | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |   5218000 | PA      | $4539916.84   | 0.31%             | 2031-06-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                                                               | CSV 4.25 05/15/29 144A                                                                                                               | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16441000 | PA      | $15620538.46  | 1.06%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lightning Power LLC                                                                 | LIGPLL 7.25 08/15/32 144A                                                                                                            | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |   8122000 | PA      | $8461256.23   | 0.57%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                                         | SKX 10 07/15/33 144a                                                                                                                 | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   7749860 | PA      | $8238226.28   | 0.56%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Dealer Tire LLC                                                                     | DEATIR 8 02/01/28 144A                                                                                                               | CUSIP: 24229JAA1<br>LEI: 549300XTS06OMOCRSE50 | Long             | DBT              | CORP              | US        |   3306000 | PA      | $3219310.74   | 0.22%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Discovery Communications, LLC                                                       | WBD 3.95 03/20/28 *                                                                                                                  | CUSIP: 25470DBS7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3086074.31   | 0.21%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                                                     | GEN 6.75 09/30/27 144A                                                                                                               | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   4465000 | PA      | $4485605.71   | 0.30%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Kraken Oil & Gas Partners LLC                                                       | KRAOIG 7.625 08/15/29 144A                                                                                                           | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |  10260000 | PA      | $10425055.63  | 0.71%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                | ASUCOR 8.375 02/01/34 144A                                                                                                           | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   8578000 | PA      | $8355190.71   | 0.57%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                               | DTV 10 02/15/31 144A                                                                                                                 | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1594000 | PA      | $1627408.02   | 0.11%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Amerigas Partners, L.P./Amerigas Finance Corp.                                      | APU 9.5 06/01/30 144A                                                                                                                | CUSIP: 030981AP9<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |   8825000 | PA      | $9352060.90   | 0.63%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                                                           | EOFP 6.75 09/15/33 144A                                                                                                              | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |   7487000 | PA      | $7304687.88   | 0.50%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                    | CHTR 7.375 02/01/36 144A                                                                                                             | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15861000 | PA      | $15781533.34  | 1.07%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc.                    | BCULC 4.375 01/15/28 144A                                                                                                            | CUSIP: 68245XAJ8<br>LEI: 549300RHSHNRWI5LLA86 | Long             | DBT              | CORP              | CA        |  15803000 | PA      | $15590421.71  | 1.06%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                    | CYH 9.75 01/15/34 144A                                                                                                               | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2591231.62   | 0.18%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Brandywine Operating Partnership L.P.                                               | BDN 8.875 04/12/29                                                                                                                   | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |   3005000 | PA      | $3052177.69   | 0.21%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                               | DTV 8.875 02/01/30 144A                                                                                                              | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7255000 | PA      | $7232760.04   | 0.49%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| E.W. Scripps Co.                                                                    | SSP 9.875 08/15/30 144A                                                                                                              | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |   5164000 | PA      | $5019743.74   | 0.34%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Black Pearl Compute LLC                                                             | BLKPRL 6.125 02/15/31 144A                                                                                                           | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5032000 | PA      | $5124125.12   | 0.35%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Cyprium Corp./Cyprium Holdings Luxembourg S.a r.l.                                  | VGNT 6.125 04/15/31 144A                                                                                                             | CUSIP: 23292NAA6<br>LEI: 254900V7LN9S9W17X250 | Long             | DBT              | CORP              | US        |   4674000 | PA      | $4621258.34   | 0.31%             | 2031-04-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TreeHouse Foods, Inc.                                                               | THS 7.75 02/11/33 144A                                                                                                               | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |   9903000 | PA      | $10003699.13  | 0.68%             | 2033-02-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                   | HRI 7 06/15/30 144A                                                                                                                  | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   2651000 | PA      | $2720471.38   | 0.18%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Global Medical Response Incorporated                                                | AIMEGR 7.375 10/01/32 144A                                                                                                           | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   4901000 | PA      | $5088998.13   | 0.35%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                | CLF 7.375 05/01/33 144A                                                                                                              | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   8389000 | PA      | $8209735.82   | 0.56%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Marriott Ownership Resorts Inc                                                      | VAC 4.75 01/15/28                                                                                                                    | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1904649.22   | 0.13%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Leeward Renewable Energy Operations LLC                                             | LEEREN 4.25 07/01/29 144A                                                                                                            | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |   5951000 | PA      | $5556849.94   | 0.38%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                                               | SOCGEN V8.5 PERP 144A                                                                                                                | CUSIP: 83370RAD0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |   8002000 | PA      | $8541863.02   | 0.58%             | N/A             | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                                                                    | AMCX 10.5 07/15/32 144A                                                                                                              | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   4877000 | PA      | $4813948.62   | 0.33%             | 2032-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Atkore Inc                                                                          | ATKR 4.25 06/01/31 144A                                                                                                              | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |   9327000 | PA      | $8753175.41   | 0.59%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMEDIATE LLC                                                    | AMEPIP 7.625 08/15/33 144A                                                                                                           | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8441000 | PA      | $8705896.93   | 0.59%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                     | GTN 10.5 07/15/29 144A                                                                                                               | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   6386000 | PA      | $6796768.46   | 0.46%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** RBC Funds Trust

**Signature:** Kathy Hegna

**Name of Signer:** Kathy Hegna

**Title:** Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.