# EDGAR Filing Document

**Accession Number:** 0001057861
**File Stem:** 0001752724-25-202211
**Filing Date:** 2025-8
**Character Count:** 236258
**Document Hash:** 0099dc7ac0bee8683dd522b9a4c88d62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202211.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202211

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY MELLON HIGH YIELD STRATEGIES FUND
- **CENTRAL INDEX KEY:** 0001057861

**ORGANIZATION NAME:**
- **EIN:** 134001109
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08703
- **FILM NUMBER:** 251250283

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS HIGH YIELD STRATEGIES FUND
- **DATE OF NAME CHANGE:** 19980316

## Nport-Ex

STATEMENT OF INVESTMENTS

June 30, 2025 (Unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%)<br>| Maturity <br>Date<br>| Principal <br>Amount ($)<sup>(a)</sup> <br>| Value ($) |
| **Bonds and Notes — 118.3%** | **Bonds and Notes — 118.3%** | **Bonds and Notes — 118.3%** | **Bonds and Notes — 118.3%** | **Bonds and Notes — 118.3%** |
| **Advertising — 1.1%** | **Advertising — 1.1%** | **Advertising — 1.1%** | **Advertising — 1.1%** | **Advertising — 1.1%** |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor <br> Holdings, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 5.13 | 8/15/2027 | 692000 | 684560 |
| &nbsp;&nbsp;&nbsp; Dotdash Meredith, Inc., Sr. Scd. <br> Bonds<sup>(b),(c)</sup> <br>| 7.63 | 6/15/2032 | 938000 | 910273 |
| &nbsp;&nbsp;&nbsp; Neptune BidCo US, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>| 9.29 | 4/15/2029 | 757000 | 737696 |
|  |  |  |  | **2332529** |
| **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** | **Aerospace & Defense — 3.0%** |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 3/15/2029 | 737000 | 764260 |
| &nbsp;&nbsp;&nbsp; Bombardier, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 6/15/2033 | 700000 | 726216 |
| &nbsp;&nbsp;&nbsp; Goat Holdco LLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 2/1/2032 | 1469000 | 1494671 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.38 | 5/31/2033 | 867000 | 869953 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.38 | 3/1/2029 | 650000 | 667675 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 8/15/2028 | 478000 | 488702 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.88 | 12/15/2030 | 870000 | 903323 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc., Sr. Scd. <br> Notes<sup>(b)</sup> <br>| 7.13 | 12/1/2031 | 220000 | 230773 |
|  |  |  |  | **6145573** |
| **Airlines — 1.6%** | **Airlines — 1.6%** | **Airlines — 1.6%** | **Airlines — 1.6%** | **Airlines — 1.6%** |
| &nbsp;&nbsp;&nbsp; American Airlines, <br> Inc./AAdvantage Loyalty IP <br> Ltd., Sr. Scd. Notes<sup>(b),(c)</sup> <br>| 5.75 | 4/20/2029 | 1275121 | 1274799 |
| &nbsp;&nbsp;&nbsp; JetBlue Airways Corp./JetBlue <br> Loyalty LP, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 9.88 | 9/20/2031 | 967000 | 941381 |
| &nbsp;&nbsp;&nbsp; United Airlines, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 4.63 | 4/15/2029 | 1016000 | 986897 |
|  |  |  |  | **3203077** |
| **Automobiles & Components — .7%** | **Automobiles & Components — .7%** | **Automobiles & Components — .7%** | **Automobiles & Components — .7%** | **Automobiles & Components — .7%** |
| &nbsp;&nbsp;&nbsp; Clarios Global LP/Clarios US <br> Finance Co., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 2/15/2030 | 1325000 | **1378778** |

---

**1**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Banks — .8%** | **Banks — .8%** | **Banks — .8%** | **Banks — .8%** | **Banks — .8%** | **Banks — .8%** |
| &nbsp;&nbsp;&nbsp; Citigroup, Inc., Jr. Sub. Notes, <br> Ser. X<sup>(c),(d)</sup> <br>|  | 3.88 | 2/18/2026 | 1171000 | 1157806 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Corp., Sr. <br> Unscd. Notes<sup>(b)</sup> <br>|  | 6.63 | 1/15/2027 | 409000 | 410016 |
|  |  |  |  |  | **1567822** |
| **Building Materials — 2.8%** | **Building Materials — 2.8%** | **Building Materials — 2.8%** | **Building Materials — 2.8%** | **Building Materials — 2.8%** | **Building Materials — 2.8%** |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.25 | 2/1/2032 | 724000 | 671267 |
| &nbsp;&nbsp;&nbsp; Camelot Return Merger Sub, <br> Inc., Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 8.75 | 8/1/2028 | 1311000 | 1210027 |
| &nbsp;&nbsp;&nbsp; Cornerstone Building Brands, <br> Inc., Sr. Scd. Notes<sup>(b)</sup> <br>|  | 9.50 | 8/15/2029 | 460000 | 423290 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP/Emerald <br> Co-Issuer, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.63 | 12/15/2030 | 1721000 | 1761309 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.38 | 3/1/2032 | 851000 | 875632 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc., Sr. <br> Unscd. Notes<sup>(b)</sup> <br>|  | 6.75 | 3/1/2033 | 170000 | 175517 |
| &nbsp;&nbsp;&nbsp; Standard Industries, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 4.75 | 1/15/2028 | 497000 | 491835 |
|  |  |  |  |  | **5608877** |
| **Chemicals — 2.3%** | **Chemicals — 2.3%** | **Chemicals — 2.3%** | **Chemicals — 2.3%** | **Chemicals — 2.3%** | **Chemicals — 2.3%** |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, <br> Gtd. Notes<br>|  | 6.75 | 4/15/2033 | 560000 | 566270 |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, <br> Gtd. Notes<sup>(c)</sup> <br>|  | 7.20 | 11/15/2033 | 259000 | 275106 |
| &nbsp;&nbsp;&nbsp; Innophos Holdings, Inc., <br> Bonds<sup>(b)</sup> <br>|  | 11.50 | 6/15/2029 | 107000 | 108146 |
| &nbsp;&nbsp;&nbsp; Itelyum Regeneration SpA, Sr. <br> Scd. Bonds<sup>(b)</sup> <br>| EUR | 5.75 | 4/15/2030 | 440000 | 523734 |
| &nbsp;&nbsp;&nbsp; Olympus Water US Holding <br> Corp., Sr. Scd. Notes<sup>(b)</sup> <br>|  | 7.25 | 6/15/2031 | 400000 | 408336 |
| &nbsp;&nbsp;&nbsp; Olympus Water US Holding <br> Corp., Sr. Scd. Notes<sup>(b)</sup> <br>| EUR | 9.63 | 11/15/2028 | 460000 | 570389 |
| &nbsp;&nbsp;&nbsp; Olympus Water US Holding <br> Corp., Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 9.75 | 11/15/2028 | 387000 | 408006 |

---

**2**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Chemicals — 2.3% (continued)** | **Chemicals — 2.3% (continued)** | **Chemicals — 2.3% (continued)** | **Chemicals — 2.3% (continued)** | **Chemicals — 2.3% (continued)** | **Chemicals — 2.3% (continued)** |
| &nbsp;&nbsp;&nbsp; Rain Carbon, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 12.25 | 9/1/2029 | 716000 | 768770 |
| &nbsp;&nbsp;&nbsp; WR Grace Holdings LLC, Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 5.63 | 8/15/2029 | 1207000 | 1093694 |
|  |  |  |  |  | **4722451** |
| **Collateralized Loan Obligations Debt — 2.2%** | **Collateralized Loan Obligations Debt — 2.2%** | **Collateralized Loan Obligations Debt — 2.2%** | **Collateralized Loan Obligations Debt — 2.2%** | **Collateralized Loan Obligations Debt — 2.2%** | **Collateralized Loan Obligations Debt — 2.2%** |
| &nbsp;&nbsp;&nbsp; ASSURANT II Ltd. CLO, Ser. <br> 2018-2A, Cl. E, (3 Month <br> TSFR +5.86%)<sup>(b),(e)</sup> <br>|  | 10.13 | 4/20/2031 | 500000 | 500064 |
| &nbsp;&nbsp;&nbsp; Crown Point 8 Ltd. CLO, Ser. <br> 2019-8A, Cl. ER, (3 Month <br> TSFR +7.39%)<sup>(b),(c),(e)</sup> <br>|  | 11.66 | 10/20/2034 | 2375000 | 2384441 |
| &nbsp;&nbsp;&nbsp; Diameter Capital 3 Ltd. CLO, <br> Ser. 2022-3A, Cl. DR, <br> (3 Month TSFR <br> +5.25%)<sup>(b),(e)</sup> <br>|  | 9.51 | 1/15/2038 | 400000 | 401708 |
| &nbsp;&nbsp;&nbsp; Rockford Tower Ltd. CLO, Ser. <br> 2022-2A, Cl. ER, (3 Month <br> TSFR +8.12%)<sup>(b),(e)</sup> <br>|  | 12.39 | 10/20/2035 | 500000 | 496202 |
| &nbsp;&nbsp;&nbsp; Trimaran Cavu Ltd. CLO, Ser. <br> 2019-1A, Cl. ER, (3 Month <br> TSFR +6.00%)<sup>(b),(e)</sup> <br>|  | 10.27 | 1/20/2037 | 700000 | 681725 |
|  |  |  |  |  | **4464140** |
| **Commercial & Professional Services — 7.3%** | **Commercial & Professional Services — 7.3%** | **Commercial & Professional Services — 7.3%** | **Commercial & Professional Services — 7.3%** | **Commercial & Professional Services — 7.3%** | **Commercial & Professional Services — 7.3%** |
| &nbsp;&nbsp;&nbsp; Albion Financing <br> 1 Sarl/Aggreko Holdings, <br> Inc., Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 7.00 | 5/21/2030 | 1147000 | 1173412 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco <br> LLC/Allied Universal <br> Finance Corp., Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 6.88 | 6/15/2030 | 540000 | 547832 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco <br> LLC/Allied Universal <br> Finance Corp., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.00 | 6/1/2029 | 710000 | 691171 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco <br> LLC/Allied Universal <br> Finance Corp./Atlas Luxco <br> 4 Sarl, Sr. Scd. Bonds<sup>(b)</sup> <br>| GBP | 4.88 | 6/1/2028 | 520000 | 687355 |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental <br> LLC/Avis Budget Finance, <br> Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 5.75 | 7/15/2027 | 574000 | 572800 |

---

**3**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Commercial & Professional Services — 7.3% (continued)** | **Commercial & Professional Services — 7.3% (continued)** | **Commercial & Professional Services — 7.3% (continued)** | **Commercial & Professional Services — 7.3% (continued)** | **Commercial & Professional Services — 7.3% (continued)** | **Commercial & Professional Services — 7.3% (continued)** |
| &nbsp;&nbsp;&nbsp; BCP V Modular Services <br> Finance II PLC, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| GBP | 6.13 | 11/30/2028 | 370000 | 492709 |
| &nbsp;&nbsp;&nbsp; Belron UK Finance PLC, Sr. <br> Scd. Notes<sup>(b)</sup> <br>|  | 5.75 | 10/15/2029 | 570000 | 575169 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.00 | 6/15/2030 | 651000 | 680284 |
| &nbsp;&nbsp;&nbsp; House of HR Group BV, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 9.00 | 11/3/2029 | 595000 | 698920 |
| &nbsp;&nbsp;&nbsp; Prime Security Services <br> Borrower LLC/Prime <br> Finance, Inc., Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 1/15/2028 | 1429000 | 1432524 |
| &nbsp;&nbsp;&nbsp; Raven Acquisition Holdings <br> LLC, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.88 | 11/15/2031 | 1775000 | 1779512 |
| &nbsp;&nbsp;&nbsp; United Rentals North America, <br> Inc., Gtd. Notes<br>|  | 3.75 | 1/15/2032 | 998000 | 917444 |
| &nbsp;&nbsp;&nbsp; Verisure Midholding AB, Gtd. <br> Notes<sup>(b)</sup> <br>| EUR | 5.25 | 2/15/2029 | 2200000 | 2607735 |
| &nbsp;&nbsp;&nbsp; Veritiv Operating Co., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 10.50 | 11/30/2030 | 591000 | 640493 |
| &nbsp;&nbsp;&nbsp; Wand NewCo 3, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.63 | 1/30/2032 | 1225000 | 1288491 |
|  |  |  |  |  | **14785851** |
| **Consumer Discretionary — 6.8%** | **Consumer Discretionary — 6.8%** | **Consumer Discretionary — 6.8%** | **Consumer Discretionary — 6.8%** | **Consumer Discretionary — 6.8%** | **Consumer Discretionary — 6.8%** |
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment <br> Financing UK PLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.88 | 4/30/2029 | 909000 | 949077 |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA <br> LLC/Ashton Woods Finance <br> Co., Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 4.63 | 4/1/2030 | 640000 | 611063 |
| Carnival Corp., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 6.00 | 5/1/2029 | 1920000 | 1941249 |
| Carnival Corp., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 6.13 | 2/15/2033 | 855000 | 875329 |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>|  | 5.88 | 6/4/2031 | 577000 | 581688 |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| GBP | 6.13 | 6/4/2031 | 410000 | 567858 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating Co., <br> Inc., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 4.00 | 5/1/2031 | 650000 | 611552 |

---

**4**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Consumer Discretionary — 6.8% (continued)** | **Consumer Discretionary — 6.8% (continued)** | **Consumer Discretionary — 6.8% (continued)** | **Consumer Discretionary — 6.8% (continued)** | **Consumer Discretionary — 6.8% (continued)** | **Consumer Discretionary — 6.8% (continued)** |
| &nbsp;&nbsp;&nbsp; International Game <br> Technology PLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 5.25 | 1/15/2029 | 548000 | 543429 |
| &nbsp;&nbsp;&nbsp; Maison Finco PLC, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| GBP | 6.00 | 10/31/2027 | 400000 | 543893 |
| &nbsp;&nbsp;&nbsp; Midwest Gaming Borrower <br> LLC/Midwest Gaming <br> Finance Corp., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.88 | 5/1/2029 | 985000 | 949433 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Gaming <br> Authority/MS Digital <br> Entertainment Holdings <br> LLC, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 8.25 | 4/15/2030 | 795000 | 821190 |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 5.88 | 2/15/2027 | 556000 | 558704 |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.75 | 2/1/2032 | 1341000 | 1370842 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd., <br> Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 6.00 | 2/1/2033 | 1078000 | 1099454 |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC, Gtd. <br> Notes<sup>(b)</sup> <br>|  | 4.63 | 12/1/2031 | 637000 | 597097 |
| &nbsp;&nbsp;&nbsp; Warnermedia Holdings, Inc., <br> Gtd. Notes<br>|  | 5.14 | 3/15/2052 | 73000 | 45077 |
| &nbsp;&nbsp;&nbsp; Windsor Holdings III LLC, Sr. <br> Scd. Notes<sup>(b)</sup> <br>|  | 8.50 | 6/15/2030 | 470000 | 504252 |
| &nbsp;&nbsp;&nbsp; Wolseley Group Finco PLC, Sr. <br> Scd. Bonds<sup>(b)</sup> <br>| GBP | 9.75 | 1/31/2031 | 400000 | 556850 |
|  |  |  |  |  | **13728037** |
| **Consumer Durables & Apparel — .9%** | **Consumer Durables & Apparel — .9%** | **Consumer Durables & Apparel — .9%** | **Consumer Durables & Apparel — .9%** | **Consumer Durables & Apparel — .9%** | **Consumer Durables & Apparel — .9%** |
| &nbsp;&nbsp;&nbsp; Beach Acquisition Bidco LLC, <br> Sr. Scd. Bonds<sup>(b)</sup> <br>| EUR | 5.25 | 7/15/2032 | 470000 | 558287 |
| &nbsp;&nbsp;&nbsp; Beach Acquisition Bidco LLC, <br> Sr. Unscd. Notes<sup>(b),(f)</sup> <br>|  | 10.00 | 7/15/2033 | 668000 | 694062 |
| &nbsp;&nbsp;&nbsp; S&S Holdings LLC, Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 8.38 | 10/1/2031 | 540000 | 528181 |
|  |  |  |  |  | **1780530** |
| **Diversified Financials — 8.0%** | **Diversified Financials — 8.0%** | **Diversified Financials — 8.0%** | **Diversified Financials — 8.0%** | **Diversified Financials — 8.0%** | **Diversified Financials — 8.0%** |
| &nbsp;&nbsp;&nbsp; AG Issuer LLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 3/1/2028 | 978000 | 978800 |
| &nbsp;&nbsp;&nbsp; Encore Capital Group, Inc., Sr. <br> Scd. Notes<sup>(b)</sup> <br>| GBP | 4.25 | 6/1/2028 | 805000 | 1055224 |

---

**5**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Encore Capital Group, Inc., Sr. <br> Scd. Notes<sup>(b)</sup> <br>|  | 8.50 | 5/15/2030 | 520000 | 558178 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings <br> LLC, Sr. Unscd. Notes<sup>(b)</sup> <br>|  | 9.13 | 5/15/2031 | 429000 | 442742 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings <br> LLC, Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 9.25 | 2/1/2029 | 432000 | 449032 |
| &nbsp;&nbsp;&nbsp; Garfunkelux Holdco 3 SA, Sr. <br> Scd. Bonds<sup>(b)</sup> <br>| EUR | 9.00 | 9/1/2028 | 150406 | 167692 |
| &nbsp;&nbsp;&nbsp; Garfunkelux Holdco 3 SA, Sr. <br> Scd. Bonds<sup>(b)</sup> <br>| EUR | 9.50 | 11/1/2028 | 594557 | 601139 |
| &nbsp;&nbsp;&nbsp; Garfunkelux Holdco 4 SA, <br> Unscd. Bonds<sup>(b),(f)</sup> <br>| EUR | 10.50 | 5/1/2030 | 121274 | 36312 |
| &nbsp;&nbsp;&nbsp; Icahn Enterprises LP/Icahn <br> Enterprises Finance Corp., <br> Sr. Scd. Notes<br>|  | 5.25 | 5/15/2027 | 1439000 | 1395515 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG <br> Finance, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.13 | 11/1/2032 | 907000 | 916225 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG <br> Finance, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.13 | 4/30/2031 | 1050000 | 1105526 |
| &nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings, <br> Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 5.75 | 11/15/2031 | 934000 | 949310 |
| &nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings, <br> Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 6.50 | 8/1/2029 | 550000 | 562144 |
| &nbsp;&nbsp;&nbsp; OneMain Finance Corp., Gtd. <br> Notes<sup>(c)</sup> <br>|  | 7.50 | 5/15/2031 | 275000 | 287531 |
| &nbsp;&nbsp;&nbsp; OneMain Finance Corp., Gtd. <br> Notes<sup>(c)</sup> <br>|  | 7.88 | 3/15/2030 | 773000 | 821919 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, <br> Inc., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 7.13 | 11/15/2030 | 646000 | 669921 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, <br> Inc., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 7.88 | 12/15/2029 | 917000 | 974407 |
| &nbsp;&nbsp;&nbsp; PHH Escrow Issuer LLC/PHH <br> Corp., Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 9.88 | 11/1/2029 | 808000 | 806699 |
| Rocket Cos., Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 6.13 | 8/1/2030 | 522000 | 532260 |

---

**6**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** | **Diversified Financials — 8.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC/Rocket <br> Mortgage Co-Issuer, Inc., <br> Gtd. Notes<sup>(b),(c)</sup> <br>| 4.00 | 10/15/2033 | 878000 | 786125 |
| &nbsp;&nbsp;&nbsp; VFH Parent LLC/Valor Co-<br> Issuer, Inc., Sr. Scd. <br> Bonds<sup>(b),(c)</sup> <br>| 7.50 | 6/15/2031 | 2087000 | 2191640 |
|  |  |  |  | **16288341** |
| **Electronic Components — .6%** | **Electronic Components — .6%** | **Electronic Components — .6%** | **Electronic Components — .6%** | **Electronic Components — .6%** |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>| 6.38 | 3/15/2033 | 354000 | 366139 |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.63 | 3/15/2032 | 747000 | 777194 |
|  |  |  |  | **1143333** |
| **Energy — 13.1%** | **Energy — 13.1%** | **Energy — 13.1%** | **Energy — 13.1%** | **Energy — 13.1%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR LP/Aethon <br> United Finance Corp., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>| 7.50 | 10/1/2029 | 1001000 | 1050729 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 5.38 | 3/1/2030 | 835000 | 840868 |
| &nbsp;&nbsp;&nbsp; Aris Water Holdings LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 7.25 | 4/1/2030 | 910000 | 939628 |
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream <br> LLC/Blue Racer Finance <br> Corp., Sr. Unscd. Notes<sup>(b),(c)</sup> <br>| 7.00 | 7/15/2029 | 1041000 | 1087100 |
| &nbsp;&nbsp;&nbsp; CITGO Petroleum Corp., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>| 8.38 | 1/15/2029 | 780000 | 813266 |
| &nbsp;&nbsp;&nbsp; Comstock Resources, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 3/1/2029 | 1790000 | 1795359 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP/BIP-V Chinook <br> Holdco LLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 5.50 | 6/15/2031 | 1450000 | 1433436 |
| &nbsp;&nbsp;&nbsp; Encino Acquisition Partners <br> Holdings LLC, Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 8.75 | 5/1/2031 | 789000 | 871960 |
| &nbsp;&nbsp;&nbsp; Energy Transfer LP, Jr. Sub. <br> Notes, Ser. B<sup>(c),(d)</sup> <br>| 6.63 | 2/15/2028 | 1730000 | 1728432 |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Operating <br> Corp., Gtd. Notes<sup>(b),(c)</sup> <br>| 6.75 | 9/1/2029 | 1466000 | 1504267 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.50 | 4/15/2032 | 575000 | 575679 |

---

**7**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Energy — 13.1% (continued)** | **Energy — 13.1% (continued)** | **Energy — 13.1% (continued)** | **Energy — 13.1% (continued)** | **Energy — 13.1% (continued)** | **Energy — 13.1% (continued)** |
| &nbsp;&nbsp;&nbsp; Moss Creek Resources <br> Holdings, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 8.25 | 9/1/2031 | 405000 | 394243 |
| &nbsp;&nbsp;&nbsp; Noble Finance II LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 8.00 | 4/15/2030 | 683000 | 696030 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 8.13 | 3/1/2028 | 475000 | 479563 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 8.75 | 6/15/2031 | 1587000 | 1637379 |
| &nbsp;&nbsp;&nbsp; Northriver Midstream Finance <br> LP, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.75 | 7/15/2032 | 690000 | 715097 |
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC, <br> Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 4.80 | 5/15/2030 | 1396000 | 1354363 |
| &nbsp;&nbsp;&nbsp; SM Energy Co., Sr. Unscd. <br> Notes<sup>(b)</sup> <br>|  | 6.75 | 8/1/2029 | 520000 | 518541 |
| &nbsp;&nbsp;&nbsp; TGNR Intermediate Holdings <br> LLC, Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 5.50 | 10/15/2029 | 2354000 | 2282850 |
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass <br> LLC, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 3.88 | 11/1/2033 | 573000 | 501552 |
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass <br> LLC, Sr. Scd. Notes<sup>(b)</sup> <br>|  | 4.13 | 8/15/2031 | 597000 | 553011 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc., Jr. <br> Sub. Notes<sup>(b),(c),(d)</sup> <br>|  | 9.00 | 9/30/2029 | 2347000 | 2283980 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 8.13 | 6/1/2028 | 1042000 | 1077604 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 8.38 | 6/1/2031 | 926000 | 962439 |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines <br> LNG LLC, Sr. Scd. Notes<sup>(b)</sup> <br>|  | 6.50 | 1/15/2034 | 547000 | 547000 |
|  |  |  |  |  | **26644376** |
| **Environmental Control — 1.6%** | **Environmental Control — 1.6%** | **Environmental Control — 1.6%** | **Environmental Control — 1.6%** | **Environmental Control — 1.6%** | **Environmental Control — 1.6%** |
| &nbsp;&nbsp;&nbsp; Luna 2 5SARL, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 5.50 | 7/1/2032 | 268000 | 322229 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 4.13 | 6/30/2028 | 376000 | 365548 |
| &nbsp;&nbsp;&nbsp; Madison IAQ LLC, Sr. Unscd. <br> Notes<sup>(b)</sup> <br>|  | 5.88 | 6/30/2029 | 438000 | 431167 |

---

**8**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Environmental Control — 1.6% (continued)** | **Environmental Control — 1.6% (continued)** | **Environmental Control — 1.6% (continued)** | **Environmental Control — 1.6% (continued)** | **Environmental Control — 1.6% (continued)** | **Environmental Control — 1.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Reworld Holding Corp., Gtd. <br> Notes<br>|  | 5.00 | 9/1/2030 | 1022000 | 968156 |
| &nbsp;&nbsp;&nbsp; Waste Pro USA, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.00 | 2/1/2033 | 1038000 | 1080161 |
|  |  |  |  |  | **3167261** |
| **Food Products — 2.7%** | **Food Products — 2.7%** | **Food Products — 2.7%** | **Food Products — 2.7%** | **Food Products — 2.7%** | **Food Products — 2.7%** |
| &nbsp;&nbsp;&nbsp; Bellis Acquisition Co. PLC, Sr. <br> Scd. Bonds<sup>(b)</sup> <br>| GBP | 8.13 | 5/14/2030 | 630000 | 816667 |
| &nbsp;&nbsp;&nbsp; Fiesta Purchaser, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.88 | 3/1/2031 | 470000 | 499279 |
| &nbsp;&nbsp;&nbsp; Fiesta Purchaser, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 9.63 | 9/15/2032 | 722000 | 763636 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>|  | 4.63 | 4/15/2030 | 1523000 | 1465528 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>|  | 5.50 | 12/15/2029 | 760000 | 757199 |
| &nbsp;&nbsp;&nbsp; Simmons Foods, <br> Inc./Simmons Prepared <br> Foods, Inc./Simmons Pet <br> Food, Inc./Simmons Feed, <br> Scd. Notes<sup>(b)</sup> <br>|  | 4.63 | 3/1/2029 | 1186000 | 1120798 |
|  |  |  |  |  | **5423107** |
| **Forest Products & Paper — .1%** | **Forest Products & Paper — .1%** | **Forest Products & Paper — .1%** | **Forest Products & Paper — .1%** | **Forest Products & Paper — .1%** | **Forest Products & Paper — .1%** |
| &nbsp;&nbsp;&nbsp; Mercer International, Inc., Sr. <br> Unscd. Notes<sup>(b)</sup> <br>|  | 12.88 | 10/1/2028 | 257000 | **260987** |
| **Health Care — 11.3%** | **Health Care — 11.3%** | **Health Care — 11.3%** | **Health Care — 11.3%** | **Health Care — 11.3%** | **Health Care — 11.3%** |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 10.00 | 4/15/2032 | 1324000 | 1336565 |
| &nbsp;&nbsp;&nbsp; Bausch + Lomb Corp., Sr. Scd. <br> Bonds, (3 Month EURIBOR <br> +3.88%)<sup>(b),(e)</sup> <br>| EUR | 5.87 | 1/15/2031 | 436000 | 517771 |
| &nbsp;&nbsp;&nbsp; Bausch Health Cos., Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 11.00 | 9/30/2028 | 1042000 | 1032320 |
| &nbsp;&nbsp;&nbsp; Cheplapharm Arzneimittel <br> GmbH, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 5.50 | 1/15/2028 | 700000 | 677118 |
| &nbsp;&nbsp;&nbsp; CHS/Community Health <br> Systems, Inc., Scd. Notes<sup>(b)</sup> <br>|  | 6.88 | 4/15/2029 | 337000 | 268987 |
| &nbsp;&nbsp;&nbsp; CHS/Community Health <br> Systems, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 5.25 | 5/15/2030 | 762000 | 676425 |

---

**9**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** |
| &nbsp;&nbsp;&nbsp; CHS/Community Health <br> Systems, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 10.88 | 1/15/2032 | 1264000 | 1341252 |
| &nbsp;&nbsp;&nbsp; Cidron Aida Finco Sarl, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 7.00 | 10/27/2031 | 360000 | 434354 |
| &nbsp;&nbsp;&nbsp; Dolcetto Holdco SpA, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 5.63 | 7/14/2032 | 381000 | 452620 |
| &nbsp;&nbsp;&nbsp; Global Medical Response, Inc., <br> Sr. Scd. Notes<sup>(b),(c),(f)</sup> <br>|  | 9.50 | 10/31/2028 | 2163995 | 2173408 |
| &nbsp;&nbsp;&nbsp; HAH Group Holding Co. LLC, <br> Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 9.75 | 10/1/2031 | 919000 | 911766 |
| &nbsp;&nbsp;&nbsp; Insulet Corp., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.50 | 4/1/2033 | 858000 | 895144 |
| IQVIA, Inc., Gtd. Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 6/1/2032 | 698000 | 717173 |
| &nbsp;&nbsp;&nbsp; LifePoint Health, Inc., Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 8.38 | 2/15/2032 | 530000 | 565170 |
| &nbsp;&nbsp;&nbsp; LifePoint Health, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 9.88 | 8/15/2030 | 660000 | 714752 |
| &nbsp;&nbsp;&nbsp; LifePoint Health, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 10.00 | 6/1/2032 | 484000 | 499931 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 3.88 | 4/1/2029 | 780000 | 748750 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP, Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 5.25 | 10/1/2029 | 554000 | 550086 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.38 | 10/31/2029 | 1159000 | 1116363 |
| &nbsp;&nbsp;&nbsp; Organon & Co./Organon <br> Foreign Debt Co-Issuer BV, <br> Sr. Scd. Notes<sup>(b)</sup> <br>|  | 6.75 | 5/15/2034 | 579000 | 556764 |
| &nbsp;&nbsp;&nbsp; Radiology Partners, Inc., Sr. <br> Scd. Notes<sup>(b)</sup> <br>|  | 8.50 | 7/15/2032 | 873000 | 876125 |
| &nbsp;&nbsp;&nbsp; Ray Financing LLC, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 6.50 | 7/15/2031 | 710000 | 875076 |
| &nbsp;&nbsp;&nbsp; Select Medical Corp., Gtd. <br> Notes<sup>(b)</sup> <br>|  | 6.25 | 12/1/2032 | 392000 | 394599 |
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC, <br> Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 7.38 | 6/1/2031 | 664000 | 691684 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp., Sr. <br> Scd. Notes<sup>(c)</sup> <br>|  | 4.25 | 6/1/2029 | 692000 | 671639 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp., Sr. <br> Scd. Notes<br>|  | 4.63 | 6/15/2028 | 828000 | 818226 |

---

**10**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** | **Health Care — 11.3% (continued)** |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp., Sr. <br> Scd. Notes<sup>(c)</sup> <br>|  | 6.75 | 5/15/2031 | 890000 | 921354 |
| &nbsp;&nbsp;&nbsp; US Acute Care Solutions LLC, <br> Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 9.75 | 5/15/2029 | 1340000 | 1383802 |
|  |  |  |  |  | **22819224** |
| **Industrial — 3.7%** | **Industrial — 3.7%** | **Industrial — 3.7%** | **Industrial — 3.7%** | **Industrial — 3.7%** | **Industrial — 3.7%** |
| Arcosa, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 6.88 | 8/15/2032 | 680000 | 706143 |
| &nbsp;&nbsp;&nbsp; Assemblin Caverion Group AB, <br> Sr. Scd. Bonds<sup>(b)</sup> <br>| EUR | 6.25 | 7/1/2030 | 360000 | 437506 |
| &nbsp;&nbsp;&nbsp; Axon Enterprise, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 3/15/2033 | 837000 | 863919 |
| &nbsp;&nbsp;&nbsp; CEME SpA, Sr. Scd. Bonds, <br> (3 Month EURIBOR <br> +4.50%)<sup>(b),(e)</sup> <br>| EUR | 6.48 | 9/30/2031 | 640000 | 755938 |
| &nbsp;&nbsp;&nbsp; Chart Industries, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.50 | 1/1/2030 | 905000 | 948599 |
| &nbsp;&nbsp;&nbsp; CTEC II GmbH, Sr. Unscd. <br> Bonds<sup>(b)</sup> <br>| EUR | 5.25 | 2/15/2030 | 489000 | 492896 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.50 | 4/15/2029 | 874000 | 851340 |
| &nbsp;&nbsp;&nbsp; GrafTech Finance, Inc., Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.63 | 12/23/2029 | 1009000 | 696210 |
| &nbsp;&nbsp;&nbsp; GrafTech Global Enterprises, <br> Inc., Scd. Notes<sup>(b)</sup> <br>|  | 9.88 | 12/23/2029 | 179000 | 142305 |
| &nbsp;&nbsp;&nbsp; Husky Injection Molding <br> Systems Ltd./Titan Co-<br> Borrower LLC, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 9.00 | 2/15/2029 | 602000 | 630172 |
| &nbsp;&nbsp;&nbsp; TK Elevator US Newco, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 5.25 | 7/15/2027 | 1000000 | 999964 |
|  |  |  |  |  | **7524992** |
| **Information Technology — 4.6%** | **Information Technology — 4.6%** | **Information Technology — 4.6%** | **Information Technology — 4.6%** | **Information Technology — 4.6%** | **Information Technology — 4.6%** |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group, Inc., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 6.50 | 2/15/2030 | 2398000 | 2362547 |
| &nbsp;&nbsp;&nbsp; Central Parent, Inc./CDK <br> Global, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>|  | 7.25 | 6/15/2029 | 340000 | 277579 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., <br> Scd. Notes<sup>(b)</sup> <br>|  | 9.00 | 9/30/2029 | 397000 | 411870 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.50 | 3/31/2029 | 950000 | 959460 |

---

**11**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Information Technology — 4.6% (continued)** | **Information Technology — 4.6% (continued)** | **Information Technology — 4.6% (continued)** | **Information Technology — 4.6% (continued)** | **Information Technology — 4.6% (continued)** | **Information Technology — 4.6% (continued)** |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 9.25 | 6/1/2030 | 719000 | 735669 |
| &nbsp;&nbsp;&nbsp; Elastic NV, Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 4.13 | 7/15/2029 | 1438000 | 1375276 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.50 | 12/1/2029 | 1213000 | 1243560 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>|  | 6.50 | 6/1/2032 | 480000 | 498733 |
| &nbsp;&nbsp;&nbsp; TeamSystem SpA, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 5.00 | 7/1/2031 | 249000 | 293427 |
| UKG, Inc., Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.88 | 2/1/2031 | 1127000 | 1170051 |
|  |  |  |  |  | **9328172** |
| **Insurance — 6.1%** | **Insurance — 6.1%** | **Insurance — 6.1%** | **Insurance — 6.1%** | **Insurance — 6.1%** | **Insurance — 6.1%** |
| &nbsp;&nbsp;&nbsp; Acrisure LLC/Acrisure Finance, <br> Inc., Sr. Scd. Bonds<sup>(b)</sup> <br>|  | 6.75 | 7/1/2032 | 1550000 | 1573324 |
| &nbsp;&nbsp;&nbsp; Acrisure LLC/Acrisure Finance, <br> Inc., Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 8.25 | 2/1/2029 | 786000 | 813980 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate <br> LLC/Alliant Holdings Co-<br> Issuer, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 6.75 | 4/15/2028 | 666000 | 677475 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate <br> LLC/Alliant Holdings Co-<br> Issuer, Sr. Scd. Notes<sup>(b),(c)</sup> <br>|  | 7.00 | 1/15/2031 | 972000 | 1006180 |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate <br> LLC/Alliant Holdings Co-<br> Issuer, Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 7.38 | 10/1/2032 | 703000 | 725541 |
| &nbsp;&nbsp;&nbsp; APH Somerset Investor <br> 2 LLC/APH2 Somerset <br> Investor <br> 2 LLC/APH3 Somerset <br> Inves, Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 7.88 | 11/1/2029 | 1460000 | 1494675 |
| &nbsp;&nbsp;&nbsp; Ardonagh Finco Ltd., Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 6.88 | 2/15/2031 | 980000 | 1189073 |
| &nbsp;&nbsp;&nbsp; Ardonagh Finco Ltd., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.75 | 2/15/2031 | 530000 | 554507 |
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finance Ltd., <br> Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 8.88 | 2/15/2032 | 789000 | 830898 |
| &nbsp;&nbsp;&nbsp; Global Atlantic Fin Co., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.95 | 6/15/2033 | 674000 | 763830 |

---

**12**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Insurance — 6.1% (continued)** | **Insurance — 6.1% (continued)** | **Insurance — 6.1% (continued)** | **Insurance — 6.1% (continued)** | **Insurance — 6.1% (continued)** | **Insurance — 6.1% (continued)** |
| &nbsp;&nbsp;&nbsp; Howden UK Refinance <br> PLC/Howden UK Refinance <br> 2 PLC/Howden US <br> Refinance LLC, Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 7.25 | 2/15/2031 | 530000 | 549245 |
| &nbsp;&nbsp;&nbsp; Howden UK Refinance <br> PLC/Howden UK Refinance <br> 2 PLC/Howden US <br> Refinance LLC, Sr. Unscd. <br> Notes<sup>(b)</sup> <br>|  | 8.13 | 2/15/2032 | 380000 | 397102 |
| &nbsp;&nbsp;&nbsp; HUB International Ltd., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 7.25 | 6/15/2030 | 660000 | 690208 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC, Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 7.13 | 6/1/2031 | 1086000 | 1128795 |
|  |  |  |  |  | **12394833** |
| **Internet Software & Services — 3.7%** | **Internet Software & Services — 3.7%** | **Internet Software & Services — 3.7%** | **Internet Software & Services — 3.7%** | **Internet Software & Services — 3.7%** | **Internet Software & Services — 3.7%** |
| &nbsp;&nbsp;&nbsp; Arches Buyer, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.13 | 12/1/2028 | 1258000 | 1158123 |
| &nbsp;&nbsp;&nbsp; Cablevision Lightpath LLC, Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 3.88 | 9/15/2027 | 790000 | 761909 |
| &nbsp;&nbsp;&nbsp; Cogent Communications <br> Group LLC, Gtd. Notes<sup>(b),(c)</sup> <br>|  | 7.00 | 6/15/2027 | 581000 | 584185 |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 4/1/2033 | 1520000 | 1564600 |
| Gen Digital, Inc., Gtd. Notes<sup>(b)</sup> <br>|  | 6.75 | 9/30/2027 | 807000 | 821955 |
| &nbsp;&nbsp;&nbsp; Match Group Holdings II LLC, <br> Sr. Unscd. Notes<sup>(b),(c)</sup> <br>|  | 4.13 | 8/1/2030 | 907000 | 848790 |
| &nbsp;&nbsp;&nbsp; Rakuten Group, Inc., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>|  | 9.75 | 4/15/2029 | 625000 | 686359 |
| &nbsp;&nbsp;&nbsp; United Group BV, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 5.25 | 2/1/2030 | 360000 | 420783 |
| &nbsp;&nbsp;&nbsp; United Group BV, Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| EUR | 6.50 | 10/31/2031 | 510000 | 609127 |
|  |  |  |  |  | **7455831** |
| **Materials — 1.8%** | **Materials — 1.8%** | **Materials — 1.8%** | **Materials — 1.8%** | **Materials — 1.8%** | **Materials — 1.8%** |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition <br> Holdings, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 8.75 | 4/15/2030 | 1378000 | 1410402 |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition <br> Holdings, Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.88 | 1/15/2030 | 573000 | 586481 |

---

**13**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Materials — 1.8% (continued)** | **Materials — 1.8% (continued)** | **Materials — 1.8% (continued)** | **Materials — 1.8% (continued)** | **Materials — 1.8% (continued)** |
| LABL, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 9.50 | 11/1/2028 | 450000 | 416533 |
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions <br> Holding Co., Sr. Scd. <br> Bonds<sup>(b),(c)</sup> <br>| 7.88 | 4/15/2027 | 668000 | 679785 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 5.00 | 4/15/2029 | 620000 | 613723 |
|  |  |  |  | **3706924** |
| **Media — 6.2%** | **Media — 6.2%** | **Media — 6.2%** | **Media — 6.2%** | **Media — 6.2%** |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO <br> Holdings Capital Corp., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>| 4.25 | 1/15/2034 | 1684000 | 1500127 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO <br> Holdings Capital Corp., Sr. <br> Unscd. Notes<sup>(c)</sup> <br>| 4.50 | 5/1/2032 | 1693000 | 1577652 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO <br> Holdings Capital Corp., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>| 5.00 | 2/1/2028 | 1557000 | 1543719 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO <br> Holdings Capital Corp., Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>| 5.38 | 6/1/2029 | 799000 | 796634 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 5.50 | 4/15/2027 | 512000 | 489263 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 11.25 | 5/15/2028 | 375000 | 373878 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 11.75 | 1/31/2029 | 1623000 | 1544740 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 5.75 | 1/15/2030 | 380000 | 188332 |
| &nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc., <br> Sr. Scd. Bonds<sup>(b),(c)</sup> <br>| 8.13 | 2/15/2033 | 1079000 | 1090962 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 4.00 | 7/15/2028 | 1010000 | 970750 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC, Gtd. <br> Notes<sup>(b)</sup> <br>| 5.00 | 8/1/2027 | 1100000 | 1091353 |
| &nbsp;&nbsp;&nbsp; Sunrise FinCo I BV, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 4.88 | 7/15/2031 | 770000 | 728709 |
| &nbsp;&nbsp;&nbsp; Virgin Media Secured Finance <br> PLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 5.50 | 5/15/2029 | 667000 | 656466 |
|  |  |  |  | **12552585** |

---

**14**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Metals & Mining — 2.6%** | **Metals & Mining — 2.6%** | **Metals & Mining — 2.6%** | **Metals & Mining — 2.6%** | **Metals & Mining — 2.6%** |
| &nbsp;&nbsp;&nbsp; Arsenal AIC Parent LLC, Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>| 8.00 | 10/1/2030 | 1140000 | 1218022 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.88 | 11/1/2029 | 530000 | 522280 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 7.50 | 9/15/2031 | 348000 | 335924 |
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., <br> Scd. Notes<sup>(b),(c)</sup> <br>| 9.38 | 3/1/2029 | 1167000 | 1240051 |
| &nbsp;&nbsp;&nbsp; FMG Resources August <br> 2006 Pty Ltd., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 6.13 | 4/15/2032 | 690000 | 702334 |
| &nbsp;&nbsp;&nbsp; Samarco Mineracao SA, Sr. <br> Unscd. Notes<sup>(b),(f)</sup> <br>| 9.50 | 6/30/2031 | 136137 | 133915 |
| &nbsp;&nbsp;&nbsp; Samarco Mineracao SA, Sr. <br> Unscd. Notes<sup>(f)</sup> <br>| 9.50 | 6/30/2031 | 642757 | 632268 |
| &nbsp;&nbsp;&nbsp; Taseko Mines Ltd., Sr. Scd. <br> Notes<sup>(b)</sup> <br>| 8.25 | 5/1/2030 | 538000 | 563893 |
|  |  |  |  | **5348687** |
| **Real Estate — 4.5%** | **Real Estate — 4.5%** | **Real Estate — 4.5%** | **Real Estate — 4.5%** | **Real Estate — 4.5%** |
| &nbsp;&nbsp;&nbsp; CoreLogic, Inc., Sr. Scd. <br> Notes<sup>(b)</sup> <br>| 4.50 | 5/1/2028 | 627000 | 598630 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>| 4.88 | 9/15/2029 | 705000 | 693141 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>| 5.00 | 7/15/2028 | 686000 | 681072 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance <br> Holdings LLP/Ladder <br> Capital Finance Corp., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 7.00 | 7/15/2031 | 186000 | 194620 |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings <br> LLC/PK Domestic Property <br> LLC/PK Finance Co-Issuer, <br> Sr. Scd. Notes<sup>(b)</sup> <br>| 4.88 | 5/15/2029 | 742000 | 719391 |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP/RHP <br> Finance Corp., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.50 | 4/1/2032 | 533000 | 548522 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 8.00 | 4/1/2029 | 1547000 | 1564121 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp., Sr. Unscd. <br> Notes<sup>(b)</sup> <br>| 8.00 | 7/15/2030 | 659000 | 662799 |

---

**15**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Real Estate — 4.5% (continued)** | **Real Estate — 4.5% (continued)** | **Real Estate — 4.5% (continued)** | **Real Estate — 4.5% (continued)** | **Real Estate — 4.5% (continued)** |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust LP, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 4.00 | 9/15/2029 | 882000 | 823661 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc., <br> Sr. Unscd. Notes<sup>(b)</sup> <br>| 4.38 | 1/15/2027 | 331000 | 328142 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc., <br> Sr. Unscd. Notes<sup>(b),(c)</sup> <br>| 7.25 | 4/1/2029 | 663000 | 698186 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Fiber <br> Holdings, Inc./CSL Capital <br> LLC, Gtd. Notes<sup>(b)</sup> <br>| 6.00 | 1/15/2030 | 611000 | 573030 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group <br> Finance 2019, Inc./CSL <br> Capital LLC, Gtd. Notes<sup>(b)</sup> <br>| 8.63 | 6/15/2032 | 523000 | 528757 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group <br> Finance 2019, Inc./CSL <br> Capital LLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 10.50 | 2/15/2028 | 463000 | 491147 |
|  |  |  |  | **9105219** |
| **Retailing — 4.6%** | **Retailing — 4.6%** | **Retailing — 4.6%** | **Retailing — 4.6%** | **Retailing — 4.6%** |
| &nbsp;&nbsp;&nbsp; Carvana Co., Sr. Scd. <br> Notes<sup>(b),(c),(f)</sup> <br>| 9.00 | 6/1/2030 | 295400 | 310837 |
| &nbsp;&nbsp;&nbsp; Carvana Co., Sr. Scd. <br> Notes<sup>(b),(c),(f)</sup> <br>| 9.00 | 6/1/2031 | 860000 | 1019652 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment <br> LLC/Fertitta Entertainment <br> Finance Co., Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 1/15/2030 | 446000 | 411929 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment <br> LLC/Fertitta Entertainment <br> Finance Co., Inc., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 4.63 | 1/15/2029 | 461000 | 441842 |
| &nbsp;&nbsp;&nbsp; Foundation Building <br> Materials, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 6.00 | 3/1/2029 | 1498000 | 1375276 |
| &nbsp;&nbsp;&nbsp; GYP Holdings III Corp., Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 4.63 | 5/1/2029 | 0 | 0 |
| &nbsp;&nbsp;&nbsp; PetSmart, Inc./PetSmart <br> Finance Corp., Gtd. Notes<sup>(b)</sup> <br>| 7.75 | 2/15/2029 | 563000 | 547643 |
| &nbsp;&nbsp;&nbsp; PetSmart, Inc./PetSmart <br> Finance Corp., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 4.75 | 2/15/2028 | 1179000 | 1150721 |
| &nbsp;&nbsp;&nbsp; QXO Building Products, Inc., <br> Sr. Scd. Bonds<sup>(b),(c)</sup> <br>| 6.75 | 4/30/2032 | 660000 | 681583 |

---

**16**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Retailing — 4.6% (continued)** | **Retailing — 4.6% (continued)** | **Retailing — 4.6% (continued)** | **Retailing — 4.6% (continued)** | **Retailing — 4.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, <br> Sr. Scd. Notes<sup>(b)</sup> <br>| 11.00 | 12/15/2029 | 951000 | 361380 |
| &nbsp;&nbsp;&nbsp; Specialty Building Products <br> Holdings LLC/SBP Finance <br> Corp., Sr. Scd. Notes<sup>(b)</sup> <br>| 7.75 | 10/15/2029 | 518000 | 509521 |
| Staples, Inc., Sr. Scd. Notes<sup>(b)</sup> <br>| 10.75 | 9/1/2029 | 515000 | 489984 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc., <br> Sr. Unscd. Notes<br>| 4.80 | 11/18/2044 | 741000 | 708329 |
| &nbsp;&nbsp;&nbsp; White Cap Buyer LLC, Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>| 6.88 | 10/15/2028 | 1235000 | 1234065 |
|  |  |  |  | **9242762** |
| **Semiconductors & Semiconductor Equipment — .7%** | **Semiconductors & Semiconductor Equipment — .7%** | **Semiconductors & Semiconductor Equipment — .7%** | **Semiconductors & Semiconductor Equipment — .7%** | **Semiconductors & Semiconductor Equipment — .7%** |
| Entegris, Inc., Gtd. Notes<sup>(b),(c)</sup> <br>| 5.95 | 6/15/2030 | 1360000 | **1382935** |
| **Technology Hardware & Equipment — .6%** | **Technology Hardware & Equipment — .6%** | **Technology Hardware & Equipment — .6%** | **Technology Hardware & Equipment — .6%** | **Technology Hardware & Equipment — .6%** |
| &nbsp;&nbsp;&nbsp; Virtusa Corp., Sr. Unscd. <br> Notes<sup>(b),(c)</sup> <br>| 7.13 | 12/15/2028 | 1279000 | **1220074** |
| **Telecommunication Services — 6.0%** | **Telecommunication Services — 6.0%** | **Telecommunication Services — 6.0%** | **Telecommunication Services — 6.0%** | **Telecommunication Services — 6.0%** |
| &nbsp;&nbsp;&nbsp; Altice France SA, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 8.13 | 2/1/2027 | 1473000 | 1326812 |
| &nbsp;&nbsp;&nbsp; CommScope Technologies <br> LLC, Gtd. Notes<sup>(b)</sup> <br>| 5.00 | 3/15/2027 | 294000 | 286607 |
| &nbsp;&nbsp;&nbsp; Consolidated <br> Communications, Inc., Sr. <br> Scd. Notes<sup>(b)</sup> <br>| 6.50 | 10/1/2028 | 763000 | 778476 |
| &nbsp;&nbsp;&nbsp; Fibercop SpA, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 7.72 | 6/4/2038 | 1085000 | 1079568 |
| &nbsp;&nbsp;&nbsp; Frontier Communications <br> Holdings LLC, Scd. <br> Notes<sup>(b),(c)</sup> <br>| 6.75 | 5/1/2029 | 920000 | 932674 |
| &nbsp;&nbsp;&nbsp; Iliad Holding SASU, Sr. Scd. <br> Notes<sup>(b)</sup> <br>| 7.00 | 10/15/2028 | 531000 | 541117 |
| &nbsp;&nbsp;&nbsp; Iliad Holding SASU, Sr. Scd. <br> Notes<sup>(b)</sup> <br>| 7.00 | 4/15/2032 | 400000 | 410332 |
| &nbsp;&nbsp;&nbsp; Iliad Holding SASU, Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>| 8.50 | 4/15/2031 | 509000 | 544897 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Gtd. <br> Notes<sup>(b)</sup> <br>| 3.75 | 7/15/2029 | 361000 | 305496 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Scd. <br> Notes<sup>(b),(c)</sup> <br>| 10.00 | 10/15/2032 | 698000 | 706154 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Sr. Scd. <br> Bonds<sup>(b)</sup> <br>| 6.88 | 6/30/2033 | 1377000 | 1402121 |

---

**17**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Telecommunication Services — 6.0% (continued)** | **Telecommunication Services — 6.0% (continued)** | **Telecommunication Services — 6.0% (continued)** | **Telecommunication Services — 6.0% (continued)** | **Telecommunication Services — 6.0% (continued)** | **Telecommunication Services — 6.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc., Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 10.75 | 12/15/2030 | 319000 | 362464 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., Sr. <br> Scd. Notes<sup>(b)</sup> <br>|  | 4.13 | 4/15/2029 | 232175 | 226661 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 10.00 | 10/15/2032 | 380000 | 388550 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., Sr. <br> Unscd. Bonds, Ser. P<sup>(c)</sup> <br>|  | 7.60 | 9/15/2039 | 914000 | 780867 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., Sr. <br> Unscd. Notes<sup>(b)</sup> <br>|  | 5.38 | 6/15/2029 | 676000 | 606228 |
| &nbsp;&nbsp;&nbsp; Windstream Services <br> LLC/Windstream Escrow <br> Finance Corp., Sr. Scd. <br> Notes<sup>(b),(c)</sup> <br>|  | 8.25 | 10/1/2031 | 1446000 | 1515612 |
|  |  |  |  |  | **12194636** |
| **Transportation — 1.2%** | **Transportation — 1.2%** | **Transportation — 1.2%** | **Transportation — 1.2%** | **Transportation — 1.2%** | **Transportation — 1.2%** |
| &nbsp;&nbsp;&nbsp; Beacon Mobility Corp., Sr. Scd. <br> Notes<sup>(b)</sup> <br>|  | 7.25 | 8/1/2030 | 1035000 | 1057586 |
| &nbsp;&nbsp;&nbsp; SGL Group ApS, Sr. Scd. Bonds, <br> (3 Month EURIBOR <br> +4.25%)<sup>(e)</sup> <br>| EUR | 6.30 | 2/24/2031 | 405000 | 475612 |
| &nbsp;&nbsp;&nbsp; Stonepeak Nile Parent LLC, Sr. <br> Scd. Notes<sup>(b),(c)</sup> <br>|  | 7.25 | 3/15/2032 | 843000 | 894175 |
|  |  |  |  |  | **2427373** |
| **Utilities — 5.1%** | **Utilities — 5.1%** | **Utilities — 5.1%** | **Utilities — 5.1%** | **Utilities — 5.1%** | **Utilities — 5.1%** |
| &nbsp;&nbsp;&nbsp; California Buyer <br> Ltd./Atlantica Sustainable <br> Infrastructure PLC, Sr. <br> Unscd. Notes<sup>(b),(c)</sup> <br>|  | 6.38 | 2/15/2032 | 1420000 | 1423578 |
| &nbsp;&nbsp;&nbsp; ContourGlobal Power <br> Holdings SA, Sr. Scd. <br> Bonds<sup>(b),(c)</sup> <br>|  | 6.75 | 2/28/2030 | 1331000 | 1373073 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 3.88 | 2/15/2032 | 650000 | 597353 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc., Gtd. <br> Notes<sup>(b),(c)</sup> <br>|  | 6.25 | 11/1/2034 | 589000 | 600470 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc., Jr. Sub. <br> Bonds<sup>(b),(d)</sup> <br>|  | 10.25 | 3/15/2028 | 490000 | 544425 |
| PG&E Corp., Sr. Scd. Notes<sup>(c)</sup> <br>|  | 5.00 | 7/1/2028 | 325000 | 316770 |
| PG&E Corp., Sr. Scd. Notes |  | 5.25 | 7/1/2030 | 694000 | 661568 |

---

**18**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<sup>(a)</sup><br>| Value ($) |
| **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** | **Bonds and Notes — 118.3% (continued)** |
| **Utilities — 5.1% (continued)** | **Utilities — 5.1% (continued)** | **Utilities — 5.1% (continued)** | **Utilities — 5.1% (continued)** | **Utilities — 5.1% (continued)** |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines <br> LNG LLC, Sr. Scd. Notes<sup>(b)</sup> <br>| 7.50 | 5/1/2033 | 696000 | 745776 |
| &nbsp;&nbsp;&nbsp; Vistra Corp., Jr. Sub. <br> Notes<sup>(b),(d)</sup> <br>| 7.00 | 12/15/2026 | 447000 | 452667 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Gtd. <br> Notes<sup>(b)</sup> <br>| 4.38 | 5/1/2029 | 76000 | 74123 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Gtd. <br> Notes<sup>(b)</sup> <br>| 6.88 | 4/15/2032 | 474000 | 495867 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Gtd. <br> Notes<sup>(b),(c)</sup> <br>| 7.75 | 10/15/2031 | 1171000 | 1245421 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating <br> Partners LP, Gtd. Notes<sup>(b),(c)</sup> <br>| 3.88 | 10/15/2026 | 827000 | 808489 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating <br> Partners LP, Gtd. Notes<sup>(b)</sup> <br>| 8.38 | 1/15/2031 | 634000 | 677672 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating <br> Partners LP, Gtd. Notes<sup>(b)</sup> <br>| 8.63 | 3/15/2033 | 354000 | 379682 |
|  |  |  |  | **10396934** |
| &nbsp;&nbsp;&nbsp; **Total Bonds and Notes** <br>(cost $231,373,247)<br>|  |  |  | **239746251** |
| **Convertible Bonds and Notes — .3%** | **Convertible Bonds and Notes — .3%** | **Convertible Bonds and Notes — .3%** | **Convertible Bonds and Notes — .3%** | **Convertible Bonds and Notes — .3%** |
| **Diversified Financials —** <br> **.1%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Riot Platforms, Inc., Sr. Unscd. <br> Notes<sup>(b)</sup> <br>| 0.75 | 1/15/2030 | 160000 | **166400** |
| **Utilities — .2%** |  |  |  |  |
| PG&E Corp., Sr. Scd. Notes | 4.25 | 12/1/2027 | 541000 | **538187** |
| &nbsp;&nbsp;&nbsp; **Total Convertible Bonds and** <br> **Notes** <br>(cost $699,891)<br>|  |  |  | **704587** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>| Principal <br>Amount ($)<br>|  |
| **Fixed Rate Loan Interests — 1.2%** | **Fixed Rate Loan Interests — 1.2%** | **Fixed Rate Loan Interests — 1.2%** | **Fixed Rate Loan Interests — 1.2%** | **Fixed Rate Loan Interests — 1.2%** |
| **Technology Hardware &** <br> **Equipment — 1.2%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; X Corp., Tranche Term Loan B-3 <br>(cost $2,473,032)<br>| 9.50 | 10/29/2029 | 2479533 | **2414445** |

---

**19**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Floating Rate Loan Interests — 10.8%** | **Floating Rate Loan Interests — 10.8%** | **Floating Rate Loan Interests — 10.8%** | **Floating Rate Loan Interests — 10.8%** | **Floating Rate Loan Interests — 10.8%** | **Floating Rate Loan Interests — 10.8%** |
| **Automobiles & Components — .5%** | **Automobiles & Components — .5%** | **Automobiles & Components — .5%** | **Automobiles & Components — .5%** |  |  |
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, <br> 2021 First Lien Term Loan, <br> (3 Month TSFR +5.26%)<sup>(e)</sup> <br>|  | 9.54 | 3/30/2027 | 265154 | 251242 |
| &nbsp;&nbsp;&nbsp; First Brands Group LLC, <br> 2022 Incremental Term Loan, <br> (3 Month TSFR +5.26%)<sup>(e)</sup> <br>|  | 9.54 | 3/30/2027 | 782333 | 740447 |
|  |  |  |  |  | **991689** |
| **Chemicals — .3%** | **Chemicals — .3%** | **Chemicals — .3%** | **Chemicals — .3%** |  |  |
| &nbsp;&nbsp;&nbsp; Hexion Holdings Corp., <br> 2024 Refinancing Term Loan, <br> (1 Month TSFR +4.00%)<sup>(e)</sup> <br>|  | 8.31 | 3/15/2029 | 683078 | **682436** |
| **Commercial & Professional Services — .6%** | **Commercial & Professional Services — .6%** | **Commercial & Professional Services — .6%** | **Commercial & Professional Services — .6%** |  |  |
| &nbsp;&nbsp;&nbsp; Catawba Nation Gaming <br> Authority, Term Loan B, <br> (3 Month TSFR +4.75%)<sup>(e)</sup> <br>|  | 9.05 | 3/29/2032 | 349000 | 353799 |
| &nbsp;&nbsp;&nbsp; Vaco Holdings LLC, Initial Term <br> Loan, (3 Month TSFR <br> +5.00%)<sup>(e)</sup> <br>|  | 9.45 | 1/22/2029 | 822225 | 755830 |
|  |  |  |  |  | **1109629** |
| **Energy — .6%** | **Energy — .6%** | **Energy — .6%** | **Energy — .6%** |  |  |
| &nbsp;&nbsp;&nbsp; WaterBridge Midstream <br> Operating LLC, Term Loan B, <br> (3 Month TSFR +5.01%)<sup>(e)</sup> <br>|  | 9.31 | 6/27/2029 | 1187662 | **1184479** |
| **Food Products — .4%** | **Food Products — .4%** | **Food Products — .4%** | **Food Products — .4%** |  |  |
| &nbsp;&nbsp;&nbsp; Max US BidCo, Inc., Initial Term <br> Loan, (1 Month TSFR <br> +5.00%)<sup>(e)</sup> <br>|  | 9.33 | 10/2/2030 | 825421 | **820262** |
| **Food Service — .3%** | **Food Service — .3%** | **Food Service — .3%** | **Food Service — .3%** |  |  |
| &nbsp;&nbsp;&nbsp; Golden State Foods LLC, Initial <br> Term Loan, (1 Month TSFR <br> +4.25%)<sup>(e)</sup> <br>|  | 8.56 | 12/4/2031 | 518098 | **521232** |
| **Health Care — 1.2%** | **Health Care — 1.2%** | **Health Care — 1.2%** | **Health Care — 1.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Alvogen Pharma US, Inc., Second <br> Lien Term Loan, (3 Month <br> TSFR +10.50%)<sup>(e),(f)</sup> <br>|  | 14.80 | 3/1/2029 | 398 | 139 |
| &nbsp;&nbsp;&nbsp; Inovie Group, Senior Facility <br> Term Loan B, (3 Month <br> EURIBOR +4.00%)<sup>(e)</sup> <br>| EUR | 5.98 | 3/3/2028 | 1000000 | 1137705 |

---

**20**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** |
| **Health Care — 1.2% (continued)** | **Health Care — 1.2% (continued)** | **Health Care — 1.2% (continued)** | **Health Care — 1.2% (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; Team Health Holdings, Inc., <br> Extended Term Loan, (3 Month <br> TSFR +5.25%)<sup>(e)</sup> <br>|  | 9.53 | 3/2/2027 | 563462 | 561523 |
| &nbsp;&nbsp;&nbsp; US Anesthesia Partners, Inc., <br> Initial Term Loan, (1 Month <br> TSFR +4.36%)<sup>(e)</sup> <br>|  | 8.69 | 10/2/2028 | 692802 | 685559 |
|  |  |  |  |  | **2384926** |
| **Information Technology — 2.2%** | **Information Technology — 2.2%** | **Information Technology — 2.2%** | **Information Technology — 2.2%** |  |  |
| &nbsp;&nbsp;&nbsp; Ascend Learning LLC, Second <br> Lien Initial Term Loan, <br> (1 Month TSFR +5.85%)<sup>(e)</sup> <br>|  | 10.18 | 12/10/2029 | 821422 | 824502 |
| &nbsp;&nbsp;&nbsp; Flash Charm, Inc., 2024 Term <br> Loan B-2, (3 Month TSFR <br> +3.50%)<sup>(e)</sup> <br>|  | 7.78 | 3/2/2028 | 401963 | 378055 |
| &nbsp;&nbsp;&nbsp; HS Purchaser LLC, First Lien 7th <br> Amendment Refinancing Term <br> Loan, (3 Month TSFR <br> +4.10%)<sup>(e)</sup> <br>|  | 8.38 | 11/30/2026 | 651818 | 622672 |
| &nbsp;&nbsp;&nbsp; Inmar, Inc., 2025 First Lien Term <br> Loan, (1 Month TSFR <br> +4.50%)<sup>(e)</sup> <br>|  | 8.80 | 10/30/2031 | 442661 | 446903 |
| &nbsp;&nbsp;&nbsp; Polaris Newco LLC, First Lien <br> Euro Term Loan, (1 Month <br> EURIBOR +3.75%)<sup>(e)</sup> <br>| EUR | 5.68 | 6/5/2028 | 987153 | 1114851 |
| &nbsp;&nbsp;&nbsp; Rithum Holdings, Inc., First Lien <br> Term Loan, (3 Month TSFR <br> +4.15%)<sup>(e)</sup> <br>|  | 8.41 | 12/2/2027 | 322312 | 320904 |
| &nbsp;&nbsp;&nbsp; Starlight Parent LLC, Term Loan, <br> (3 Month TSFR +4.00%)<sup>(e)</sup> <br>|  | 8.26 | 4/16/2032 | 800000 | 784168 |
|  |  |  |  |  | **4492055** |
| **Insurance — .3%** | **Insurance — .3%** | **Insurance — .3%** | **Insurance — .3%** |  |  |
| &nbsp;&nbsp;&nbsp; OneDigital Borrower LLC, Second <br> Lien Initial Term Loan, <br> (1 Month TSFR +5.25%)<sup>(e)</sup> <br>|  | 9.58 | 7/2/2032 | 664000 | **666490** |
| **Internet Software & Services — 1.0%** | **Internet Software & Services — 1.0%** | **Internet Software & Services — 1.0%** | **Internet Software & Services — 1.0%** |  |  |
| &nbsp;&nbsp;&nbsp; MH Sub I LLC, 2023 May New <br> Term Loan, (1 Month TSFR <br> +4.25%)<sup>(e)</sup> <br>|  | 8.58 | 5/3/2028 | 851960 | 800842 |

---

**21**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description |  | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** |
| **Internet Software & Services — 1.0% (continued)** | **Internet Software & Services — 1.0% (continued)** | **Internet Software & Services — 1.0% (continued)** | **Internet Software & Services — 1.0% (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; MH Sub I LLC, Second Lien Term <br> Loan, (1 Month TSFR <br> +6.25%)<sup>(e)</sup> <br>|  | 10.58 | 2/23/2029 | 570000 | 503595 |
| &nbsp;&nbsp;&nbsp; StubHub Holdco Sub LLC, <br> Extended USD Term Loan B, <br> (1 Month TSFR +4.75%)<sup>(e)</sup> <br>|  | 9.08 | 3/15/2030 | 665130 | 647391 |
|  |  |  |  |  | **1951828** |
| **Materials — .5%** | **Materials — .5%** | **Materials — .5%** | **Materials — .5%** |  |  |
| &nbsp;&nbsp;&nbsp; LABL, Inc., Initial Euro Term <br> Loan, (1 Month EURIBOR <br> +5.00%)<sup>(e)</sup> <br>| EUR | 6.93 | 10/30/2028 | 987212 | **1020916** |
| **Media — .3%** | **Media — .3%** | **Media — .3%** | **Media — .3%** |  |  |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc., Term Loan F, <br> (1 Month TSFR +5.25%)<sup>(e)</sup> <br>|  | 9.57 | 6/4/2029 | 503609 | **504284** |
| **Real Estate — .8%** | **Real Estate — .8%** | **Real Estate — .8%** | **Real Estate — .8%** |  |  |
| &nbsp;&nbsp;&nbsp; CoreLogic, Inc., First Lien Initial <br> Term Loan, (1 Month TSFR <br> +3.61%)<sup>(e)</sup> <br>|  | 7.94 | 6/2/2028 | 675375 | 669361 |
| &nbsp;&nbsp;&nbsp; Emeria SASU, Facility Term Loan <br> B, (3 Month EURIBOR <br> +3.50%)<sup>(e)</sup> <br>| EUR | 5.53 | 3/27/2028 | 1000000 | 1035259 |
|  |  |  |  |  | **1704620** |
| **Retailing — .4%** | **Retailing — .4%** | **Retailing — .4%** | **Retailing — .4%** |  |  |
| &nbsp;&nbsp;&nbsp; Foundation Building Materials, <br> Inc., 2024 Incremental Term <br> Loan, (3 Month TSFR <br> +4.00%)<sup>(e)</sup> <br>|  | 8.28 | 1/29/2031 | 433901 | 425998 |
| &nbsp;&nbsp;&nbsp; Staples, Inc., Closing Date Term <br> Loan, (3 Month TSFR <br> +5.75%)<sup>(e)</sup> <br>|  | 10.03 | 9/10/2029 | 506147 | 468366 |
|  |  |  |  |  | **894364** |
| **Technology Hardware & Equipment — .3%** | **Technology Hardware & Equipment — .3%** | **Technology Hardware & Equipment — .3%** | **Technology Hardware & Equipment — .3%** |  |  |
| &nbsp;&nbsp;&nbsp; Peraton Corp., First Lien Term <br> Loan B, (1 Month TSFR <br> +3.85%)<sup>(e)</sup> <br>|  | 8.18 | 2/1/2028 | 637534 | **564616** |
| **Telecommunication Services — 1.1%** | **Telecommunication Services — 1.1%** | **Telecommunication Services — 1.1%** | **Telecommunication Services — 1.1%** |  |  |
| &nbsp;&nbsp;&nbsp; Altice France SA, USD Term Loan <br> B-14, (3 Month TSFR <br> +5.50%)<sup>(e)</sup> <br>|  | 9.76 | 8/31/2028 | 880421 | 799959 |

---

**22**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** | **Floating Rate Loan Interests — 10.8% (continued)** |
| **Telecommunication Services — 1.1% (continued)** | **Telecommunication Services — 1.1% (continued)** | **Telecommunication Services — 1.1% (continued)** |  |  |
| &nbsp;&nbsp;&nbsp; CommScope, Inc., Initial Term <br> Loan, (1 Month TSFR <br> +5.25%)<sup>(e)</sup> <br>| 9.58 | 12/17/2029 | 666000 | 675087 |
| &nbsp;&nbsp;&nbsp; Zayo Group Holdings, Inc., Initial <br> Dollar Term Loan, (1 Month <br> TSFR +3.11%)<sup>(e)</sup> <br>| 7.44 | 3/9/2027 | 870000 | 829802 |
|  |  |  |  | **2304848** |
| &nbsp;&nbsp;&nbsp; **Total Floating Rate Loan** <br> **Interests** <br>(cost $21,456,781)<br>|  |  |  | **21798674** |

---

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

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| **Exchange-Traded Funds — 2.3%** | **Exchange-Traded Funds — 2.3%** | **Exchange-Traded Funds — 2.3%** |
| **Registered Investment Companies — 2.3%** | **Registered Investment Companies — 2.3%** | **Registered Investment Companies — 2.3%** |
| iShares 10+ Year Investment Grade Corporate Bond ETF | 10860 | 545281 |
| iShares iBoxx $ High Yield Corporate Bond ETF | 18790 | 1515414 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF | 11030 | 1208998 |
| SPDR Bloomberg High Yield Bond ETF | 15530 | 1510603 |
| &nbsp;&nbsp;&nbsp; **Total Exchange-Traded Funds** <br>(cost $4,631,613)<br>|  | **4780296** |

---

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

---

| | | | |
|:---|:---|:---|:---|
|  | 1-Day <br>Yield (%)<br>|  |  |
| **Investment Companies — 2.9%** | **Investment Companies — 2.9%** | **Investment Companies — 2.9%** | **Investment Companies — 2.9%** |
| **Registered Investment Companies — 2.9%** | **Registered Investment Companies — 2.9%** | **Registered Investment Companies — 2.9%** | **Registered Investment Companies — 2.9%** |
| &nbsp;&nbsp;&nbsp; Dreyfus Institutional Preferred Government <br> Plus Money Market Fund, Institutional <br> Shares<sup>(g)</sup> <br>(cost $5,825,536)<br>| 4.47 | 5825536 | **5825536** |
| **Total Investments** (cost $266,460,100) | **Total Investments** (cost $266,460,100) | **135.8%** | **275269789** |
| **Liabilities, Less Cash and Receivables** | **Liabilities, Less Cash and Receivables** | **(35.8%)** | **(72567037)** |
| **Net Assets**  | **Net Assets**  | **100.0%** | **202702752** |

---

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

---

| |
|:---|
| *ETF—Exchange-Traded Fund* |
| *EUR—Euro* |
| *EURIBOR—Euro Interbank Offered Rate* |
| *GBP—British Pound* |
| *SPDR—Standard & Poor's Depository Receipt* |
| *TSFR—Term Secured Overnight Financing Rate Reference Rates* |

---

**23**

------

*STATEMENT OF INVESTMENTS (Unaudited) (continued)*

*USD—United States Dollar*<br>

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

<sup>(a)</sup> *Amount stated in U.S. Dollars unless otherwise noted above.*

<sup>(b)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities* *may be resold in transactions exempt from registration, normally to qualified institutional buyers. At* *June 30, 2025, these securities amounted to $224,185,110 or 110.6% of net assets.* 

<sup>(c)</sup> *Security, or a portion thereof, has been pledged as collateral for the fund's Revolving Credit and Security* *Agreement.* 

<sup>(d)</sup> *Security is a perpetual bond with no specified maturity date. Maturity date shown is next reset date of the* *bond.* 

<sup>(e)</sup> *Variable rate security—Interest rate resets periodically and the rate shown is the interest rate in effect at* *period end. Security description also includes the reference rate and spread if published and available.* 

<sup>(f)</sup> *Payment-in-kind security and interest may be paid in additional par.*

<sup>(g)</sup> *Investment in affiliated issuer. The investment objective of this investment company is publicly available* *and can be found within the investment company's prospectus.* 

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** | **Forward Foreign Currency Exchange Contracts** |
| Counterparty/ <br>Purchased <br>Currency<br>| Purchased <br>Currency <br>Amounts<br>| Currency <br>Sold<br>| Sold <br>Currency <br>Amounts<br>| Settlement <br>Date<br>| Unrealized <br>(Depreciation) ($)<br>|
| **Barclays Capital, Inc.** | **Barclays Capital, Inc.** | **Barclays Capital, Inc.** | **Barclays Capital, Inc.** | **Barclays Capital, Inc.** | **Barclays Capital, Inc.** |
| &nbsp;&nbsp;&nbsp; United States <br>Dollar<br>| 587229 | Euro | 500000 | 7/22/2025 | (2651) |
| **Goldman Sachs & Co. LLC** | **Goldman Sachs & Co. LLC** | **Goldman Sachs & Co. LLC** | **Goldman Sachs & Co. LLC** | **Goldman Sachs & Co. LLC** | **Goldman Sachs & Co. LLC** |
| &nbsp;&nbsp;&nbsp; United States <br>Dollar<br>| 5377499 | British Pound | 3965000 | 7/22/2025 | (65618) |
| &nbsp;&nbsp;&nbsp; United States <br>Dollar<br>| 14636297 | Euro | 12630000 | 7/22/2025 | (264055) |
| &nbsp;&nbsp;&nbsp; United States <br>Dollar<br>| 581295 | Euro | 500000 | 7/22/2025 | (8584) |
| **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **Gross Unrealized Depreciation** | **(340908)** |

---

*See notes to statement of investments.*

**24**

------

Statement of Investments

BNY Mellon High Yield Strategies Fund

June 30, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>The following is a summary of the inputs used as of June 30, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments in <br> Securities:<sup>†</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Collateralized Loan <br> Obligations<br>|  | 4464140 |  | **4464140** |
| Convertible <br> Corporate Bonds and <br> Notes<br>|  | 704587 |  | **704587** |
| &nbsp;&nbsp;&nbsp; Corporate Bonds and <br> Notes<br>|  | 235282111 |  | **235282111** |
| &nbsp;&nbsp;&nbsp; Exchange-Traded <br> Funds<br>| 4780296 |  |  | **4780296** |
| &nbsp;&nbsp;&nbsp; Fixed Rate Loan <br> Interests<br>|  | 2414445 |  | **2414445** |
| &nbsp;&nbsp;&nbsp; Floating Rate Loan <br> Interests<br>|  | 21798674 |  | **21798674** |
| &nbsp;&nbsp;&nbsp; Investment <br> Companies<br>| 5825536 |  |  | **5825536** |
|  | **10605832** | **264663957** | **—** | **275269789** |
| **Liabilities ($)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Other Financial <br> Instruments:<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign <br> Currency Exchange <br> Contracts<sup>††</sup> <br>|  | (340908) |  | **(340908)** |
|  | **—** | **(340908)** | **—** | **(340908)** |

---

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

---

| | |
|:---|:---|
| <sup>†</sup> <br>| *See Statement of Investments for additional detailed categorizations, if any.* |
| <sup>††</sup> <br>| *Amount shown represents unrealized appreciation (depreciation) at period end, but only variation margin* <br> *on exchange-traded and centrally cleared derivatives, if any, are reported in the Statement of Assets and* <br> *Liabilities.*<br>|

---

**25**

------

The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The fund's Board of Trustees (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Investments in debt securities and floating rate loan interests, excluding short-term investments (other than U.S. Treasury Bills) and forward foreign currency exchange

**26**

------

contracts ("forward contracts"), are valued each business day by one or more independent pricing services (each, a "Service") approved by the Board. Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of a Service are valued at the mean between the quoted bid prices (as obtained by a Service from dealers in such securities) and asked prices (as calculated by a Service based upon its evaluation of the market for such securities). Securities are valued as determined by a Service, based on methods which include consideration of the following: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Services are engaged under the general supervision of the Board. These securities are generally categorized within Level 2 of the fair value hierarchy.

Investments in exchange-traded funds are valued at the last sales price on the securities exchange or national securities market on which such securities are primarily traded. Securities listed on the National Market System for which market quotations are available are valued at the official closing price or, if there is no official closing price that day, at the last sales price. For open short positions, asked prices are used for valuation purposes. Bid price is used when no asked price is available. Registered investment companies that are not traded on an exchange are valued at their net asset value. All of the preceding securities are generally categorized within Level 1 of the fair value hierarchy.

Securities not listed on an exchange or the national securities market, or securities for which there were no transactions, are valued at the average of the most recent bid and asked prices. These securities are generally categorized within Level 2 of the fair value hierarchy.

Fair valuing of securities may be determined with the assistance of a Service using calculations based on indices of domestic securities and other appropriate indicators, such as prices of relevant American Depositary Receipts and futures. Utilizing these techniques may result in transfers between Level 1 and Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

**27**

------

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

Investments denominated in foreign currencies are translated to U.S. dollars at the prevailing rates of exchange.

Forward contracts are valued at the forward rate and are generally categorized within Level 2 of the fair value hierarchy.

**Floating Rate Loan Interests:** Floating rate instruments are loans and other securities with interest rates that adjust or "float" periodically. Floating rate loans are made by banks and other financial institutions to their corporate clients. The rates of interest on the loans adjust periodically by reference to a base lending rate, plus a premium or credit spread. Floating rate loans reset on periodic set dates, typically 30 to 90 days, but not to exceed one year. The fund may invest in multiple series or tranches of a loan. A different series or tranche may have varying terms and carry different associated risks.

**Derivatives:** A derivative is a financial instrument whose performance is derived from the performance of another asset. Each type of derivative instrument that was held by the fund at June 30, 2025 is discussed below.

**Forward Foreign Currency Exchange Contracts**: The fund enters into forward contracts in order to hedge its exposure to changes in foreign currency exchange rates on its foreign portfolio holdings, to settle foreign currency transactions or as a part of its investment strategy. When executing forward contracts, the fund is obligated to buy or sell a foreign currency at a specified rate on a certain date in the future. With respect to sales of forward contracts, the fund incurs a loss if the value of the contract increases between the date the forward contract is opened and the date the forward contract is closed. The fund realizes a gain if the value of the contract decreases between those dates. With respect to purchases of forward contracts, the fund incurs a loss if the value of the contract decreases between the date the forward contract is opened and the date the forward contract is closed. The fund realizes a gain if the value of the contract increases between those dates. Any realized or unrealized gains or losses which occurred during the period are reflected in the Statement of Operations. The fund is exposed to foreign currency risk as a result of changes in value of underlying financial instruments. The fund is also exposed to credit risk associated with counterparty non-performance on these forward contracts, which is generally limited to the unrealized gain on each open contract. This risk may be mitigated by Master Agreements, if any, between the fund and the counterparty and the posting of collateral, if any, by the counterparty to the fund to cover the fund's exposure to the counterparty. Forward contracts open at June 30, 2025 are set forth in the Statement of Investments.

**28**

------

At June 30, 2025, accumulated net unrealized appreciation on investments inclusive of derivative contracts was $8,468,781, consisting of $9,941,533 gross unrealized appreciation and $1,472,752 gross unrealized depreciation.

At June 30, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Statement of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**29**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon High Yield Strategies Fund

- **b. Investment Company Act file number:** 811-08703

- **c. CIK number of Registrant:** 0001057861

- **d. LEI of Registrant:** RH2DL1HWBBECVFYQNK56

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon High Yield Strategies Fund

- **c. LEI of Series:** RH2DL1HWBBECVFYQNK56

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $284941490.83

**Total Liabilities:** $82300195.85

**Net Assets:** $202641294.98

**Delayed Delivery Securities:** $4105099.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 35.94432000 | **1-Year:** 885.07064000 | **5-Year:** 2224.88599000 | **10-Year:** 267.73693000 | **30-Year:** 0.00000000

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

- **3-Month:** 362.13187000 | **1-Year:** 29011.32224000 | **5-Year:** 40328.81835000 | **10-Year:** 2897.08048000 | **30-Year:** 138.77010000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | -3.63%               | 3.59%                | 4.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-621179.11              | $875289.54                                 |
| Month 2  | $44467.10                | $3022285.28                                |
| Month 3  | $396826.91               | $3165274.09                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ENCORE CAPITAL GROUP INC                             | Encore Capital Group Inc                                                         | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    520000 | PA      | $558178.40    | 0.28%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                                | AAR Escrow Issuer LLC                                                            | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    737000 | PA      | $764260.16    | 0.38%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN                             | Raven Acquisition Holdings LLC                                                   | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1779512.19   | 0.88%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                              | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    611000 | PA      | $573029.71    | 0.28%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                             | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    724000 | PA      | $671267.32    | 0.33%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                                  | Insulet Corp                                                                     | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    858000 | PA      | $895143.71    | 0.44%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    331000 | PA      | $328142.25    | 0.16%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                     | Wand NewCo 3 Inc                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1288490.53   | 0.64%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                             | Bellis Acquisition Co PLC                                                        | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    630000 | PA      | $816666.70    | 0.40%             | 2030-05-14      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1693000 | PA      | $1577652.19   | 0.78%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    703000 | PA      | $725540.99    | 0.36%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                            | IQVIA Inc                                                                        | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    698000 | PA      | $717172.80    | 0.35%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                               | Radiology Partners Inc                                                           | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    873000 | PA      | $876125.34    | 0.43%             | 2032-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Flash Charm Inc (fka Idera Inc)                      | IDERA INC                                                                        | CUSIP: 45168RAT0<br>LEI: 549300VQ6S3PWR8NUC48 | Long             | LON              | CORP              | US        |    401963 | PA      | $378054.70    | 0.19%             | 2028-03-02      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| GYP HOLDINGS III CORP                                | GYP Holdings III Corp                                                            | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |    546000 | PA      | $547657.89    | 0.27%             | 2029-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                             | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAB3<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |    789000 | PA      | $871960.19    | 0.43%             | 2031-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SPDR Bloomberg High Yield Bond ETF                   | SPDR Bloomberg High Yield Bond ETF                                               | CUSIP: 78468R622<br>LEI: 549300NCLW2248PN7J24 | Long             | EC               | RF                | US        |     15530 | NS      | $1510603.10   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                               | Lumen Technologies Inc                                                           | CUSIP: 550241AB9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    232175 | PA      | $226660.84    | 0.11%             | 2029-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                                | Panther Escrow Issuer LLC                                                        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1086000 | PA      | $1128794.92   | 0.56%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OPTION CARE HEALTH INC                               | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |   1159000 | PA      | $1116362.82   | 0.55%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1439000 | PA      | $1395515.00   | 0.69%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                     | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    710000 | PA      | $691171.30    | 0.34%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC                                  | White Cap Buyer LLC                                                              | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1235000 | PA      | $1234065.23   | 0.61%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ascend Learning LLC                                  | ASCEND LEARNING LLC                                                              | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |    821422 | PA      | $824502.10    | 0.41%             | 2029-12-10      | Floating      | 10.18%                | No            |                  2 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond ETF        | iShares iBoxx $ High Yield Corporate Bond ETF                                    | CUSIP: 464288513<br>LEI: 549300FCCXHK7O37PQ68 | Long             | EC               | RF                | US        |     18790 | NS      | $1515413.50   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SAKS GLOBAL ENTERPRISES                              | Saks Global Enterprises LLC                                                      | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    951000 | PA      | $361380.00    | 0.18%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1264000 | PA      | $1341251.89   | 0.66%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    634000 | PA      | $677672.46    | 0.33%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx $ Investment Grade Corporate Bond ETF  | iShares iBoxx $ Investment Grade Corporate Bond ETF                              | CUSIP: 464287242<br>LEI: 549300FYCXFXG8POR355 | Long             | EC               | RF                | US        |     11030 | NS      | $1208998.30   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MH Sub I LLC                                         | MH Sub I LLC                                                                     | CUSIP: 55303BAD5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    570000 | PA      | $503595.00    | 0.25%             | 2029-02-23      | Floating      | 10.58%                | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1377000 | PA      | $1402120.64   | 0.69%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Zayo Group Holdings Inc                              | Zayo Group Holdings Inc                                                          | CUSIP: 98919XAB7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | LON              | CORP              | US        |    870000 | PA      | $829801.65    | 0.41%             | 2027-03-09      | Floating      | 7.44%                 | No            |                  2 | On Loan: No      |
| S&S HOLDINGS LLC                                     | S&S Holdings LLC                                                                 | CUSIP: 78525CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $528180.93    | 0.26%             | 2031-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                              | Beach Acquisition Bidco LLC                                                      | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    668000 | PA      | $694062.02    | 0.34%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    747000 | PA      | $777193.74    | 0.38%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| BCP MODULAR SERVICES                                 | BCP V Modular Services Finance II PLC                                            | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    370000 | PA      | $492709.07    | 0.24%             | 2028-11-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    694000 | PA      | $661567.57    | 0.33%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                             | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    573000 | PA      | $501552.03    | 0.25%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                               | Lumen Technologies Inc                                                           | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    676000 | PA      | $606227.96    | 0.30%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                               | First Brands Group LLC                                                           | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    265846 | PA      | $251898.53    | 0.12%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    799000 | PA      | $796633.76    | 0.39%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                             | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    579000 | PA      | $556763.99    | 0.27%             | 2034-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $970749.89    | 0.48%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                             | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    763000 | PA      | $778476.08    | 0.38%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAB4<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    429000 | PA      | $442741.85    | 0.22%             | 2031-05-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Help Systems Holdings Inc                            | HS Purchaser LLC                                                                 | CUSIP: 42351EAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    651818 | PA      | $622671.89    | 0.31%             | 2026-11-19      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| DREYFUS INSTITUTIONAL PREFERRE                       | DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT PLUS MONEY MARKET FUND                | CUSIP: 000000000<br>LEI: 549300RBWL04JG8SIX57 | Long             | STIV             | RF                | US        |   5825536 | NS      | $5825535.92   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                             | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   1396000 | PA      | $1354363.04   | 0.67%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    397000 | PA      | $411869.79    | 0.20%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                                 | Reworld Holding Corp                                                             | CUSIP: 22282EAJ1<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |   1022000 | PA      | $968156.34    | 0.48%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    512000 | PA      | $489262.88    | 0.24%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                         | Fibercop SpA                                                                     | CUSIP: 683879AH3<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |   1085000 | PA      | $1079567.62   | 0.53%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                              | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1078000 | PA      | $1099454.36   | 0.54%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                             | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1179000 | PA      | $1150720.91   | 0.57%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                 | Flutter Treasury DAC                                                             | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    577000 | PA      | $581688.13    | 0.29%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                             | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    380000 | PA      | $397101.52    | 0.20%             | 2032-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                             | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999963.88    | 0.49%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                               | Global Atlantic Fin Co                                                           | CUSIP: 37959GAD9<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    674000 | PA      | $763829.89    | 0.38%             | 2033-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Foncia Management                                    | EMERIA SASU                                                                      | CUSIP: 000000000<br>LEI: 969500SA2FHM81LPJ311 | Long             | LON              | CORP              | FR        |   1000000 | PA      | $1035259.03   | 0.51%             | 2028-03-27      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                           | Elastic NV                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |   1438000 | PA      | $1375276.08   | 0.68%             | 2029-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                             | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    563000 | PA      | $547642.54    | 0.27%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    660000 | PA      | $714751.62    | 0.35%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| VIRTUSA CORP                                         | Virtusa Corp                                                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |   1279000 | PA      | $1220074.42   | 0.60%             | 2028-12-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                      | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    438000 | PA      | $431166.81    | 0.21%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC                                 | Flutter Treasury DAC                                                             | CUSIP: 000000000<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    410000 | PA      | $567857.67    | 0.28%             | 2031-06-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                   | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    294000 | PA      | $286607.13    | 0.14%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INNOPHOS HOLDINGS INC                                | Innophos Holdings Inc                                                            | CUSIP: 45774NAD0<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |    107000 | PA      | $108145.44    | 0.05%             | 2029-06-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| RAY FINANCING LLC                                    | RAY Financing LLC                                                                | CUSIP: 000000000<br>LEI: 254900IA5MVMGDF40Z19 | Long             | DBT              | CORP              | US        |    710000 | PA      | $875075.61    | 0.43%             | 2031-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    855000 | PA      | $875329.34    | 0.43%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CNTRL PARENT/CDK GLB INC                             | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $277579.47    | 0.14%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    827000 | PA      | $808489.51    | 0.40%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    478000 | PA      | $488702.42    | 0.24%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                             | HAH Group Holding Co LLC                                                         | CUSIP: 40518JAA7<br>LEI: 254900FFJQHW9R90FL74 | Long             | DBT              | CORP              | US        |    919000 | PA      | $911765.82    | 0.45%             | 2031-10-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                             | Windstream Services LLC / Windstream Escrow Finance Corp                         | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1446000 | PA      | $1515611.87   | 0.75%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    400000 | PA      | $408336.00    | 0.20%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                               | Northern Oil & Gas Inc                                                           | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   1587000 | PA      | $1637379.32   | 0.81%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WaterBridge Midstream Operating LLC                  | WATERBRIDGE MIDSTREAM OPERATING LLC                                              | CUSIP: 94120XAF2<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |   1190653 | PA      | $1187462.33   | 0.59%             | 2029-06-27      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                               | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    907000 | PA      | $848789.92    | 0.42%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                                 | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |    874000 | PA      | $851339.71    | 0.42%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                             | Encore Capital Group Inc                                                         | CUSIP: 000000000<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    805000 | PA      | $1055224.42   | 0.52%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                               | Rockford Tower CLO 2022-2 Ltd                                                    | CUSIP: 77340NAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $496202.00    | 0.24%             | 2035-10-20      | Floating      | 12.39%                | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                  | Select Medical Corp                                                              | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    392000 | PA      | $394599.35    | 0.19%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                              | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |   1466000 | PA      | $1504266.51   | 0.74%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    387000 | PA      | $408006.36    | 0.20%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Peraton Corp                                         | Peraton Corp                                                                     | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    636852 | PA      | $564012.23    | 0.28%             | 2028-02-01      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| VERISURE MIDHOLDING AB                               | Verisure Midholding AB                                                           | CUSIP: 000000000<br>LEI: 549300496LYEZ55X1M49 | Long             | DBT              | CORP              | SE        |   2200000 | PA      | $2607735.40   | 1.29%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                        | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    719000 | PA      | $735668.82    | 0.36%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                     | Altice France SA                                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   1473000 | PA      | $1326812.12   | 0.65%             | 2027-02-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                              | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    523000 | PA      | $528757.18    | 0.26%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| StubHub Holdco Sub LLC (F/K/A Pug LLC)               | PUG LLC                                                                          | CUSIP: 74530DAH8<br>LEI: 549300NL9JUFIOARLW93 | Long             | LON              | CORP              | US        |    665130 | PA      | $647391.32    | 0.32%             | 2030-03-15      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    220000 | PA      | $230772.96    | 0.11%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| X Corp (f/k/a Twitter Inc)                           | X CORP                                                                           | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2479533 | PA      | $2414445.15   | 1.19%             | 2029-10-26      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    686000 | PA      | $681072.19    | 0.34%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                                | Foundation Building Materials Inc                                                | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |   1498000 | PA      | $1375276.31   | 0.68%             | 2029-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                             | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    692000 | PA      | $684560.30    | 0.34%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                       | Bombardier Inc                                                                   | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $726215.70    | 0.36%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HLD                             | Moss Creek Resources Holdings Inc                                                | CUSIP: 61965RAC9<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |    405000 | PA      | $394243.24    | 0.19%             | 2031-09-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                 | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    757000 | PA      | $737696.50    | 0.36%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| Crown Point CLO Ltd                                  | Crown Point CLO 8 Ltd                                                            | CUSIP: 22846CAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2375000 | PA      | $2384440.63   | 1.18%             | 2034-10-20      | Floating      | 11.66%                | No            |                  2 | On Loan: No      |
| CEME SPA                                             | CEME SpA                                                                         | CUSIP: 000000000<br>LEI: 8156008942D954A64F32 | Long             | DBT              | CORP              | IT        |    640000 | PA      | $755938.17    | 0.37%             | 2031-09-30      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                              | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    520000 | PA      | $687354.83    | 0.34%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARIS WATER HOLDINGS LLC                              | Aris Water Holdings LLC                                                          | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    910000 | PA      | $939627.78    | 0.46%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Team Health Holdings, Inc.                           | Team Health Holdings Inc                                                         | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | LON              | CORP              | US        |    563461 | PA      | $561523.09    | 0.28%             | 2027-03-02      | Floating      | 9.53%                 | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                             | GrafTech Global Enterprises Inc                                                  | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    179000 | PA      | $142305.00    | 0.07%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                             | Warnermedia Holdings Inc                                                         | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    517000 | PA      | $363192.50    | 0.18%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                  | Medline Borrower LP                                                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    780000 | PA      | $748750.16    | 0.37%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    556000 | PA      | $558703.64    | 0.28%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                 | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $499278.65    | 0.25%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Starlight Parent LLC                                 | STARLIGHT PARENT LLC                                                             | CUSIP: 000000000<br>LEI: 254900ZM34IBOK68V949 | Long             | LON              | CORP              | US        |    800000 | PA      | $784168.00    | 0.39%             | 2032-04-16      | Floating      | 8.26%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                                    | Trimaran Cavu 2019-1 Ltd                                                         | CUSIP: 896218AW4<br>LEI: 549300IGMQ24BLOIU872 | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $681725.10    | 0.34%             | 2037-01-20      | Floating      | 10.27%                | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                               | Cidron Aida Finco Sarl                                                           | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |    360000 | PA      | $434353.59    | 0.21%             | 2031-10-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AG ISSUER LLC                                        | AG Issuer LLC                                                                    | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    978000 | PA      | $978800.00    | 0.48%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1378000 | PA      | $1410402.29   | 0.70%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                             | Cheplapharm Arzneimittel GmbH                                                    | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    700000 | PA      | $677117.70    | 0.33%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    907000 | PA      | $916225.28    | 0.45%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                               | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    690000 | PA      | $702334.44    | 0.35%             | 2032-04-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                              | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1105526.10   | 0.55%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                                | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |    570000 | PA      | $575168.93    | 0.28%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                           | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    295400 | PA      | $310837.13    | 0.15%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                     | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $547832.16    | 0.27%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                                | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    432000 | PA      | $449031.60    | 0.22%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    890000 | PA      | $921353.81    | 0.45%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Commscope Inc                                        | COMMSCOPE LLC                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    666000 | PA      | $675087.57    | 0.33%             | 2029-12-17      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    650000 | PA      | $667674.48    | 0.33%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                       | 1261229 BC Ltd                                                                   | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1324000 | PA      | $1336564.72   | 0.66%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                                   | Bausch + Lomb Corp                                                               | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    436000 | PA      | $517771.27    | 0.26%             | 2031-01-15      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAL2<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    541000 | PA      | $538186.80    | 0.27%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                           | Arcosa Inc                                                                       | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    680000 | PA      | $706142.60    | 0.35%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    375000 | PA      | $373877.44    | 0.18%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                               | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    934000 | PA      | $949310.13    | 0.47%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VILLA DUTCH BIDCO BV                                 | House of HR Group BV                                                             | CUSIP: 000000000<br>LEI: 724500AWBTX8I880X774 | Long             | DBT              | CORP              | NL        |    595000 | PA      | $698920.26    | 0.34%             | 2029-11-03      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                              | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1383801.92   | 0.68%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| GARFUNKELUX HOLDCO 3 SA                              | Garfunkelux Holdco 3 SA                                                          | CUSIP: 000000000<br>LEI: 2221007QVSNJV7EWBX69 | Long             | DBT              | CORP              | LU        |    680000 | PA      | $686906.81    | 0.34%             | 2025-11-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                    | Rakuten Group Inc                                                                | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    625000 | PA      | $686358.60    | 0.34%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1573324.40   | 0.78%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN                               | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1762000 | PA      | $1803847.50   | 0.89%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO                                 | Veritiv Operating Co                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    591000 | PA      | $640493.30    | 0.32%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| DOLCETTO HOLDCO SPA                                  | Dolcetto Holdco SpA                                                              | CUSIP: 000000000<br>LEI: 81560029E819F2CE4A42 | Long             | DBT              | CORP              | IT        |    381000 | PA      | $452620.23    | 0.22%             | 2032-07-14      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                                 | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    905000 | PA      | $948599.28    | 0.47%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                  | Station Casinos LLC                                                              | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    637000 | PA      | $597097.43    | 0.29%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    275000 | PA      | $287530.93    | 0.14%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                             | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1147000 | PA      | $1173412.27   | 0.58%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO                                 | Matador Resources Co                                                             | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    575000 | PA      | $575678.93    | 0.28%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION / TITAN                              | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    602000 | PA      | $630172.39    | 0.31%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                               | Lumen Technologies Inc                                                           | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    380000 | PA      | $388550.00    | 0.19%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE                               | Ardonagh Group Finance Ltd                                                       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    789000 | PA      | $830897.58    | 0.41%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    917000 | PA      | $974406.95    | 0.48%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    461000 | PA      | $441841.58    | 0.22%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CTEC II GMBH                                         | CTEC II GmbH                                                                     | CUSIP: 000000000<br>LEI: 98450044C9BACG3DA974 | Long             | DBT              | CORP              | DE        |    489000 | PA      | $492895.97    | 0.24%             | 2030-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAY5<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    530000 | PA      | $565170.32    | 0.28%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                             | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    985000 | PA      | $949433.03    | 0.47%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VFH PARENT / VALOR CO                                | VFH Parent LLC / Valor Co-Issuer Inc                                             | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2087000 | PA      | $2191640.09   | 1.08%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                 | LifePoint Health Inc                                                             | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    484000 | PA      | $499930.86    | 0.25%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                      | United Group BV                                                                  | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    360000 | PA      | $420782.94    | 0.21%             | 2030-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                             | Standard Industries Inc/NY                                                       | CUSIP: 853496AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    497000 | PA      | $491835.03    | 0.24%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                   | Rithm Capital Corp                                                               | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    659000 | PA      | $662799.14    | 0.33%             | 2030-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                             | EMRLD Borrower LP / Emerald Co-Issuer Inc                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1721000 | PA      | $1761309.26   | 0.87%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                               | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    668000 | PA      | $679784.86    | 0.34%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Staples Inc                                          | STAPLES INC                                                                      | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |    506147 | PA      | $468365.66    | 0.23%             | 2029-09-04      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| BEACON MOBILITY CORP                                 | Beacon Mobility Corp                                                             | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1057585.40   | 0.52%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                 | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1207000 | PA      | $1093694.21   | 0.54%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                  | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1016000 | PA      | $986896.88    | 0.49%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     76000 | PA      | $74122.67     | 0.04%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODU                             | Specialty Building Products Holdings LLC / SBP Finance Corp                      | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    518000 | PA      | $509521.17    | 0.25%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                             | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    667000 | PA      | $656466.43    | 0.32%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                   | Ardonagh Finco Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | GB        |    980000 | PA      | $1189073.23   | 0.59%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY                              | JetBlue Airways Corp / JetBlue Loyalty LP                                        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    967000 | PA      | $941380.56    | 0.46%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                             | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1041000 | PA      | $1087099.60   | 0.54%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                              | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    998000 | PA      | $917443.44    | 0.45%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SASU                                                               | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    400000 | PA      | $410332.40    | 0.20%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                                     | Taseko Mines Ltd                                                                 | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |    538000 | PA      | $563892.94    | 0.28%             | 2030-05-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                 | Noble Finance II LLC                                                             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    683000 | PA      | $696030.20    | 0.34%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                | Venture Global Plaquemines LNG LLC                                               | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    696000 | PA      | $745776.53    | 0.37%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                  | NCL Corp Ltd                                                                     | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1341000 | PA      | $1370841.93   | 0.68%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                                  | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    554000 | PA      | $550085.88    | 0.27%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LABL INC                                             | LABL Inc                                                                         | CUSIP: 50168QAE5<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    450000 | PA      | $416532.69    | 0.21%             | 2028-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                               | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   2398000 | PA      | $2362546.77   | 1.17%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                               | First Brands Group LLC                                                           | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    784339 | PA      | $742345.59    | 0.37%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                      | Madison IAQ LLC                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    376000 | PA      | $365547.73    | 0.18%             | 2028-06-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| iShares 10+ Year Investment Grade Corporate Bond ETF | iShares 10+ Year Investment Grade Corporate Bond ETF                             | CUSIP: 464289511<br>LEI: 5493002XJCHL78PKW767 | Long             | EC               | RF                | US        |     10860 | NS      | $545280.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TEAMSYSTEM SPA                                       | TeamSystem SpA                                                                   | CUSIP: 000000000<br>LEI: 81560062081DF3AB7A90 | Long             | DBT              | CORP              | IT        |    249000 | PA      | $293426.87    | 0.14%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                              | International Game Technology PLC                                                | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    548000 | PA      | $543429.22    | 0.27%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1042000 | PA      | $1032319.82   | 0.51%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                        | Carnival Corp                                                                    | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1920000 | PA      | $1941248.64   | 0.96%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                              | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    920000 | PA      | $932673.92    | 0.46%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1523000 | PA      | $1465528.38   | 0.72%             | 2030-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CoreLogic Inc                                        | CoreLogic Inc                                                                    | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |    675375 | PA      | $669361.17    | 0.33%             | 2028-06-02      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                                | Ellucian Holdings Inc                                                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   1213000 | PA      | $1243560.32   | 0.61%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298BZ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    319000 | PA      | $362463.75    | 0.18%             | 2030-12-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    530000 | PA      | $522280.02    | 0.26%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HLDGS LLC                              | Sotera Health Holdings LLC                                                       | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    664000 | PA      | $691684.15    | 0.34%             | 2031-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Numericable U.S. LLC                                 | Altice France SA/France                                                          | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |    880421 | PA      | $799959.04    | 0.39%             | 2028-08-15      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                             | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    597000 | PA      | $553011.31    | 0.27%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINCO I BV                                   | Sunrise FinCo I BV                                                               | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    770000 | PA      | $728708.75    | 0.36%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                                 | GrafTech Finance Inc                                                             | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |   1667000 | PA      | $1150230.00   | 0.57%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                                      | Goat Holdco LLC                                                                  | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1469000 | PA      | $1494670.78   | 0.74%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                             | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1433435.49   | 0.71%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    361000 | PA      | $305496.25    | 0.15%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    926000 | PA      | $962438.73    | 0.47%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                          | Vistra Corp                                                                      | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    447000 | PA      | $452667.07    | 0.22%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    972000 | PA      | $1006180.38   | 0.50%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Max US Bidco                                         | MAX US BIDCO INC                                                                 | CUSIP: 57778YAB1<br>LEI: 254900BY85K73YD65D15 | Long             | LON              | CORP              | US        |    825421 | PA      | $820261.66    | 0.40%             | 2030-10-03      | Floating      | 9.33%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                      | United Group BV                                                                  | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    510000 | PA      | $609127.52    | 0.30%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                              | USD/EUR FORWARD                                                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-272639.18   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1557000 | PA      | $1543718.91   | 0.76%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                            | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    325000 | PA      | $316770.18    | 0.16%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                    | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    651000 | PA      | $680283.50    | 0.34%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    762000 | PA      | $676425.50    | 0.33%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    589000 | PA      | $600469.61    | 0.30%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    474000 | PA      | $495866.57    | 0.24%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                        | Citigroup Inc                                                                    | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1171000 | PA      | $1157806.04   | 0.57%             | N/A             | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                             | First Quantum Minerals Ltd                                                       | CUSIP: 335934AV7<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1167000 | PA      | $1240050.76   | 0.61%             | 2029-03-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                               | WESCO Distribution Inc                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    354000 | PA      | $366139.33    | 0.18%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Vaco Holdings LLC                                    | Vaco Holdings LLC                                                                | CUSIP: 91865FAJ8<br>LEI: 54930076HTNXBP03T379 | Long             | LON              | CORP              | US        |    822225 | PA      | $755830.35    | 0.37%             | 2029-01-19      | Floating      | 9.45%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                      | Gen Digital Inc                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1564599.84   | 0.77%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                   | Energy Transfer LP                                                               | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1728431.93   | 0.85%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RIOT PLATFORMS INC                                   | Riot Platforms Inc                                                               | CUSIP: 767292AA3<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166400.00    | 0.08%             | 2030-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Catawba Nation Gaming Authority                      | CATAWBA NATION GAMING AUTHORITY                                                  | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    349000 | PA      | $353798.75    | 0.17%             | 2032-03-28      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| U.S. Anesthesia Partners Inc                         | US Anesthesia Partners Inc                                                       | CUSIP: 90350HAL3<br>LEI: 549300J001GMNRO7SQ51 | Long             | LON              | CORP              | US        |    692802 | PA      | $685558.79    | 0.34%             | 2028-10-01      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    650000 | PA      | $597352.86    | 0.29%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                 | CITGO Petroleum Corp                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    780000 | PA      | $813266.22    | 0.40%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Polaris Newco LLC                                    | POLARIS NEWCO LLC                                                                | CUSIP: 73108RAC2<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    987153 | PA      | $1114850.95   | 0.55%             | 2028-06-02      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                    | Waste Pro USA Inc                                                                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |   1038000 | PA      | $1080161.48   | 0.53%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                       | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    522000 | PA      | $532259.91    | 0.26%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                               | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    786000 | PA      | $813979.54    | 0.40%             | 2029-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                        | CoreLogic Inc                                                                    | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |    627000 | PA      | $598629.69    | 0.30%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                             | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1311000 | PA      | $1210026.78   | 0.60%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WOLSELEY GROUP FINCO PLC                             | Wolseley Group Finco PLC                                                         | CUSIP: 000000000<br>LEI: 213800Q996QYBUUWRZ96 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $556849.79    | 0.27%             | 2031-01-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                               | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $562143.45    | 0.28%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                    | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    705000 | PA      | $693140.77    | 0.34%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Golden State Foods LLC                               | GOLDEN STATE FOODS LLC                                                           | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    518098 | PA      | $521232.48    | 0.26%             | 2031-12-04      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                             | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    741000 | PA      | $708329.31    | 0.35%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                               | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    573000 | PA      | $586481.37    | 0.29%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                      | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    807000 | PA      | $821955.32    | 0.41%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                                 | Diameter Capital Clo 3 Ltd                                                       | CUSIP: 25255KAG9<br>LEI: 254900L1QJX98W5ORK78 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $401708.40    | 0.20%             | 2038-01-15      | Floating      | 9.51%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                               | Northern Oil & Gas Inc                                                           | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    475000 | PA      | $479562.85    | 0.24%             | 2028-03-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ASSEMBLIN CAVERION GROUP                             | Assemblin Caverion Group AB                                                      | CUSIP: 000000000<br>LEI: 636700ULD38LN63RC248 | Long             | DBT              | CORP              | SE        |    360000 | PA      | $437505.83    | 0.22%             | 2030-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING                                 | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    460000 | PA      | $423290.21    | 0.21%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    692000 | PA      | $671639.15    | 0.33%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                 | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    348000 | PA      | $335924.40    | 0.17%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                             | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    650000 | PA      | $611552.14    | 0.30%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                             | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    666000 | PA      | $677475.18    | 0.33%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ITELYUM REGENERATION SPA                             | Itelyum Regeneration Spa                                                         | CUSIP: 000000000<br>LEI: 815600051FBC23AA8A45 | Long             | DBT              | CORP              | IT        |    440000 | PA      | $523734.30    | 0.26%             | 2030-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SASU                                                               | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    509000 | PA      | $544897.23    | 0.27%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                              | USD/GBP FORWARD                                                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-65618.17    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                             | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    878000 | PA      | $786124.46    | 0.39%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC                             | Windsor Holdings III LLC                                                         | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |    470000 | PA      | $504252.36    | 0.25%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                 | Samarco Mineracao SA                                                             | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |    132979 | PA      | $130808.52    | 0.06%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                | Level 3 Financing Inc                                                            | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    698000 | PA      | $706154.25    | 0.35%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                               | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1684000 | PA      | $1500127.41   | 0.74%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1623000 | PA      | $1544740.24   | 0.76%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                             | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC                  | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1420000 | PA      | $1423578.40   | 0.70%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1042000 | PA      | $1077604.10   | 0.53%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                          | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    515000 | PA      | $489983.92    | 0.24%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                             | Sinclair Television Group Inc                                                    | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   1079000 | PA      | $1090962.23   | 0.54%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                             | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $611062.59    | 0.30%             | 2030-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                | Freedom Mortgage Corp                                                            | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    409000 | PA      | $410015.96    | 0.20%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                      | Mercer International Inc                                                         | CUSIP: 588056BC4<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    257000 | PA      | $260987.10    | 0.13%             | 2028-10-01      | Fixed         | 12.88%                | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                                | SS&C Technologies Inc                                                            | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    480000 | PA      | $498732.48    | 0.25%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                               | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   1790000 | PA      | $1795359.26   | 0.89%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    560000 | PA      | $566269.76    | 0.28%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                              | ONEDIGITAL BORROWER LLC                                                          | CUSIP: 68252HAB0<br>LEI: 2549009GTKWWAO1E9X77 | Long             | LON              | CORP              | US        |    664000 | PA      | $666490.00    | 0.33%             | 2032-07-02      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                              | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1001000 | PA      | $1050728.68   | 0.52%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                               | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    742000 | PA      | $719391.11    | 0.36%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                             | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1429000 | PA      | $1432523.91   | 0.71%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                             | ContourGlobal Power Holdings SA                                                  | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |   1331000 | PA      | $1373072.91   | 0.68%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                 | Fiesta Purchaser Inc                                                             | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    722000 | PA      | $763636.30    | 0.38%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| PHH ESCROW ISS LCC/PHH C                             | PHH Escrow Issuer LLC/PHH Corp                                                   | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    808000 | PA      | $806699.12    | 0.40%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| MAISON FINCO PLC                                     | Maison Finco PLC                                                                 | CUSIP: 000000000<br>LEI: 9845007743J958DAS530 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $543893.07    | 0.27%             | 2027-10-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                             | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1325000 | PA      | $1378777.78   | 0.68%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG                              | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC          | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    795000 | PA      | $821189.69    | 0.41%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    646000 | PA      | $669921.38    | 0.33%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE / US                             | Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC    | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    530000 | PA      | $549245.36    | 0.27%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    828000 | PA      | $818226.54    | 0.40%             | 2028-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT                                | Stonepeak Nile Parent LLC                                                        | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    843000 | PA      | $894175.16    | 0.44%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                       | NRG Energy Inc                                                                   | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    490000 | PA      | $544425.14    | 0.27%             | N/A             | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                               | Lumen Technologies Inc                                                           | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    914000 | PA      | $780866.76    | 0.39%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                                | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAA7<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    790000 | PA      | $761909.26    | 0.38%             | 2027-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MH Sub I LLC                                         | MH SUB I LLC                                                                     | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    851960 | PA      | $800842.01    | 0.40%             | 2028-05-03      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    867000 | PA      | $869953.39    | 0.43%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                  | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1091352.59   | 0.54%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                      | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    620000 | PA      | $613722.50    | 0.30%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    851000 | PA      | $875632.13    | 0.43%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                             | Celanese US Holdings LLC                                                         | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    259000 | PA      | $275105.92    | 0.14%             | 2033-11-15      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                             | Olympus Water US Holding Corp                                                    | CUSIP: 000000000<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    460000 | PA      | $570389.16    | 0.28%             | 2028-11-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                                | Antero Resources Corp                                                            | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    835000 | PA      | $840868.38    | 0.41%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COGENT COMM GROUP LLC                                | Cogent Communications Group LLC                                                  | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    581000 | PA      | $584185.04    | 0.29%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                               | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    354000 | PA      | $379681.64    | 0.19%             | 2033-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| LABL Inc                                             | LABL INC                                                                         | CUSIP: 50168EAP7<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | LON              | CORP              | US        |    987212 | PA      | $1020915.70   | 0.50%             | 2028-10-30      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDIN                             | TGNR Intermediate Holdings LLC                                                   | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |   2354000 | PA      | $2282850.11   | 1.13%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                 | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    773000 | PA      | $821918.95    | 0.41%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                                     | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   1258000 | PA      | $1158123.10   | 0.57%             | 2028-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                               | Arsenal AIC Parent LLC                                                           | CUSIP: 04288BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1218021.60   | 0.60%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                   | Rithm Capital Corp                                                               | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   1547000 | PA      | $1564120.65   | 0.77%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                             | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1186000 | PA      | $1120797.63   | 0.55%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                              | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    663000 | PA      | $698185.67    | 0.34%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                             | Allwyn Entertainment Financing UK PLC                                            | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    909000 | PA      | $949076.67    | 0.47%             | 2029-04-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                               | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    950000 | PA      | $959460.10    | 0.47%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DOTDASH MEREDITH INC                                 | Dotdash Meredith Inc                                                             | CUSIP: 25849JAA8<br>LEI: 549300R2AA7U9CJUQO13 | Long             | DBT              | CORP              | US        |    938000 | PA      | $910272.72    | 0.45%             | 2032-06-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                             | Vistra Operations Co LLC                                                         | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1171000 | PA      | $1245421.15   | 0.61%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| RAIN CARBON INC                                      | Rain Carbon Inc                                                                  | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |    716000 | PA      | $768769.92    | 0.38%             | 2029-09-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                                | QXO Building Products Inc                                                        | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    660000 | PA      | $681583.32    | 0.34%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                                  | ASSURANT CLO II LTD                                                              | CUSIP: 04623HAA9<br>LEI: 6354003JXBM4LA5YCP98 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $500064.00    | 0.25%             | 2031-04-20      | Floating      | 10.13%                | No            |                  2 | On Loan: No      |
| LUNA 2 5SARL                                         | Luna 2 5SARL                                                                     | CUSIP: 000000000<br>LEI: 894500N8J2QVEYP0UI86 | Long             | DBT              | CORP              | LU        |    268000 | PA      | $322228.55    | 0.16%             | 2032-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                               | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    446000 | PA      | $411928.50    | 0.20%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                | Quikrete Holdings Inc                                                            | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    170000 | PA      | $175516.67    | 0.09%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                    | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    531000 | PA      | $541117.24    | 0.27%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                    | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    760000 | PA      | $757199.10    | 0.37%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                           | Carvana Co                                                                       | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    860000 | PA      | $1019651.82   | 0.50%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                             | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    337000 | PA      | $268986.66    | 0.13%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                 | Samarco Mineracao SA                                                             | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |    628521 | PA      | $618263.80    | 0.31%             | 2031-06-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                 | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |    882000 | PA      | $823661.17    | 0.41%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UKG INC                                              | UKG Inc                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   1127000 | PA      | $1170051.40   | 0.58%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CommerceHub Inc                                      | RITHUM HOLDINGS INC                                                              | CUSIP: 20084XAF1<br>LEI: 549300V3JZOSIRXFRG67 | Long             | LON              | CORP              | US        |    323156 | PA      | $321744.06    | 0.16%             | 2027-12-29      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                                   | Ardonagh Finco Ltd                                                               | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    530000 | PA      | $554506.67    | 0.27%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                              | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    574000 | PA      | $572799.54    | 0.28%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE                              | Global Medical Response Inc                                                      | CUSIP: 37960BAB1<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   2163995 | PA      | $2173408.38   | 1.07%             | 2028-10-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                     | CSC Holdings LLC                                                                 | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    380000 | PA      | $188332.07    | 0.09%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                              | Beach Acquisition Bidco LLC                                                      | CUSIP: 000000000<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    470000 | PA      | $558287.05    | 0.28%             | 2032-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                                | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    660000 | PA      | $690208.20    | 0.34%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                               | Venture Global LNG Inc                                                           | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2347000 | PA      | $2283980.23   | 1.13%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                  | Axon Enterprise Inc                                                              | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    837000 | PA      | $863919.29    | 0.43%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                             | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    533000 | PA      | $548522.03    | 0.27%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                             | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1275121 | PA      | $1274799.29   | 0.63%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                         | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    520000 | PA      | $518540.72    | 0.26%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                             | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    186000 | PA      | $194620.17    | 0.10%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials Inc                    | FOUNDATION BUILDING MATERIALS INC                                                | CUSIP: 35039KAD8<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |    433902 | PA      | $425998.00    | 0.21%             | 2031-01-29      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings Corporation                          | HEXION HOLDINGS CORP                                                             | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |    683078 | PA      | $682435.91    | 0.34%             | 2029-03-15      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| Inovie Group                                         | INOVIE SASU                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |   1000000 | PA      | $1137705.34   | 0.56%             | 2028-03-03      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SGL GROUP APS                                        | SGL Group ApS                                                                    | CUSIP: 000000000<br>LEI: 636700YQKGLXCPPUYE74 | Long             | DBT              | CORP              | DK        |    405000 | PA      | $475612.22    | 0.23%             | 2031-02-24      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                              | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    463000 | PA      | $491146.93    | 0.24%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Inmar Inc                                            | INMAR INC                                                                        | CUSIP: 000000000<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    443770 | PA      | $448023.54    | 0.22%             | 2031-10-30      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                             | Northriver Midstream Finance LP                                                  | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |    690000 | PA      | $715097.37    | 0.35%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                        | TransDigm Inc                                                                    | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    870000 | PA      | $903323.40    | 0.45%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Gray Television Inc                                  | GRAY TELEVISION INC                                                              | CUSIP: 389376BC7<br>LEI: 529900TM5726KDN7UU35 | Long             | LON              | CORP              | US        |    503609 | PA      | $504283.85    | 0.25%             | 2029-06-04      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                         | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1382935.04   | 0.68%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** BNY Mellon High Yield Strategies Fund

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer