# EDGAR Filing Document

**Accession Number:** 0001423227
**File Stem:** 0000940400-25-009434
**Filing Date:** 2025-11
**Character Count:** 78666
**Document Hash:** b21fb8e8526ea7627edb78be6e2795d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009434.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009434

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Strategy Trust
- **CENTRAL INDEX KEY:** 0001423227

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22167
- **FILM NUMBER:** 251512158

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STEET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 800-243-1574

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Allianz Funds Multi-Strategy Trust
- **DATE OF NAME CHANGE:** 20080109

## Series and Classes Contracts Data

### Virtus Newfleet Short Duration High Income Fund (Series ID: S000033713)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000103876 | Class A             | ASHAX           |
| C000103877 | Class C             | ASHCX           |
| C000103878 | Institutional Class | ASHIX           |
| C000177646 | Class R6            | ASHSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Strategy Trust

- **b. Investment Company Act file number:** 811-22167

- **c. CIK number of Registrant:** 0001423227

- **d. LEI of Registrant:** 549300PO6JSVIR6RII57

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

  - **Street Address 1:** 101 MUNSON STREET

  - **City:** GREENFIELD

  - **State:** MA

  - **Foreign country:** US

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

  - **Telephone number:** 800-243-1574

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

- **a. Name of Series:** Virtus Newfleet Short Duration High Income Fund

- **b. EDGAR series identifier (if any):** S000033713

- **c. LEI of Series:** 549300S56OCX6IDYO457

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $711263184.73

**Total Liabilities:** $10316635.61

**Net Assets:** $700946549.12

**Delayed Delivery Securities:** $720000.00

**Cash Not Reported:** $18987166.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -34.70215521 | **5-Year:** -10579.35750000 | **10-Year:** -2844.41727600 | **30-Year:** -5001.92420800

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

- **3-Month:** -88.00251643 | **1-Year:** -854.40291760 | **5-Year:** -75576.43527000 | **10-Year:** -43441.43573000 | **30-Year:** -10671.58048000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000103877 | 0.37%                | 0.80%                | 0.44%                |
| Class ID C000103878 | 0.42%                | 0.86%                | 0.42%                |
| Class ID C000177646 | 0.42%                | 0.87%                | 0.50%                |
| Class ID C000103876 | 0.39%                | 0.83%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-157726.95              | $-880258.57                                |
| Month 2  | $-4700963.00             | $6615336.04                                |
| Month 3  | $-1178136.27             | $625951.40                                 |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CONSENSUS CLOUD SOLUTION    | Consensus Cloud Solutions Inc                                            | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5900000 | PA      | $5925965.96   | 0.85%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIMPRESS PLC                | Cimpress PLC                                                             | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |   5125000 | PA      | $5107137.22   | 0.73%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN    | 1011778 BC ULC / New Red Finance Inc                                     | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4745000 | PA      | $4851771.99   | 0.69%             | 2029-06-15      | Fixed         | 6.12%                 | 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       |    150000 | PA      | $154951.50    | 0.02%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL    | Cheplapharm Arzneimittel GmbH                                            | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   2737000 | PA      | $2666534.84   | 0.38%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| APOLLO DEBT SOLUTIONS BD    | Apollo Debt Solutions BDC                                                | CUSIP: 03770DAB9<br>LEI: 549300UMUGX092P8DW87 | Long             | DBT              | CORP              | US        |   6110000 | PA      | $6423910.78   | 0.92%             | 2029-04-13      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORP           | PRIMO BRANDS CORP                                                        | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |   5854851 | PA      | $5851689.34   | 0.83%             | 2028-03-31      | Floating      | 6.48%                 | 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        |   3010000 | PA      | $3007364.14   | 0.43%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC              | Transocean International Ltd                                             | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    730000 | PA      | $719682.34    | 0.10%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION    | Hess Midstream Operations LP                                             | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2805231.20   | 0.40%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC        | Cleveland-Cliffs Inc                                                     | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1004644.88   | 0.14%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN       | Trivium Packaging Finance BV                                             | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   1665000 | PA      | $1776128.76   | 0.25%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP         | Buckeye Partners LP                                                      | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   4045000 | PA      | $4201335.21   | 0.60%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC     | Light & Wonder International Inc                                         | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1590875.05   | 0.23%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI    | Antero Midstream Partners LP / Antero Midstream Finance Corp             | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1132777.78   | 0.16%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC               | TransDigm Inc                                                            | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3130000 | PA      | $3189654.67   | 0.46%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES    | ION Trading Technologies Sarl                                            | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |   3705000 | PA      | $3913125.00   | 0.56%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE         | New Home Co Inc/The                                                      | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181660.68    | 0.03%             | 2030-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC        | LIFEPOINT HEALTH INC                                                     | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   1651970 | PA      | $1643197.99   | 0.23%             | 2031-05-19      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| UNDER ARMOUR INC            | Under Armour Inc                                                         | CUSIP: 904311AD9<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |   2665000 | PA      | $2661706.11   | 0.38%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC         | DENTSPLY SIRONA Inc                                                      | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |   3285000 | PA      | $3385635.98   | 0.48%             | 2055-09-12      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC         | Lightning Power LLC                                                      | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |   4030000 | PA      | $4266625.48   | 0.61%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN    | Ascent Resources Utica Holdings LLC / ARU Finance Corp                   | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5050000 | PA      | $5153358.35   | 0.74%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS    | Ferrellgas LP / Ferrellgas Finance Corp                                  | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2442934.99   | 0.35%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN       | Icahn Enterprises LP / Icahn Enterprises Finance Corp                    | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2762148.40   | 0.39%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NorthAB LLC                 | NORTHAB LLC                                                              | CUSIP: 66345FAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4324108 | PA      | $4171856.20   | 0.60%             | 2028-11-24      | Floating      | 6.80%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE           | Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp             | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $686063.19    | 0.10%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC    | Builders FirstSource Inc                                                 | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   2860000 | PA      | $2830921.24   | 0.40%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAKS GLOBAL ENTERPRS LLC    | Saks Global Enterprises LLC                                              | CUSIP: 79380MAC9<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $367425.00    | 0.05%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD    | Primo Water Holdings Inc / Triton Water Holdings Inc                     | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1998347.80   | 0.29%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HUSKY INJECTION MOLDING     | HUSKY INJECTION MOLDING                                                  | CUSIP: 000000000<br>LEI: 5493003ZDHRVP2N4C109 | Long             | LON              | CORP              | CA        |   5216270 | PA      | $5226389.40   | 0.75%             | 2029-02-15      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI    | Solstice Advanced Materials Inc                                          | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205677.29    | 0.03%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO    | Global Infrastructure Solutions Inc                                      | CUSIP: 37960XAA5<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $4765273.90   | 0.68%             | 2029-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP       | Playtika Holding Corp                                                    | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |   3530757 | PA      | $3472711.53   | 0.50%             | 2028-03-13      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD       | HUB International Ltd                                                    | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   6590000 | PA      | $6872744.74   | 0.98%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT      | Mauser Packaging Solutions Holding Co                                    | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   6470000 | PA      | $6533425.41   | 0.93%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC           | Newell Brands Inc                                                        | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   8836000 | PA      | $8956487.70   | 1.28%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN       | Genesis Energy LP / Genesis Energy Finance Corp                          | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3360000 | PA      | $3383667.84   | 0.48%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC        | LifePoint Health Inc                                                     | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $3196255.30   | 0.46%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION       | McGraw-Hill Education Inc                                                | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   5945000 | PA      | $5941507.73   | 0.85%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC             | AdaptHealth LLC                                                          | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4685000 | PA      | $4673177.87   | 0.67%             | 2028-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CORONADO FINANCE PTY LTD    | Coronado Finance Pty Ltd                                                 | CUSIP: 21979LAB2<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |   3555000 | PA      | $3129594.12   | 0.45%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP        | OneMain Finance Corp                                                     | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   6375000 | PA      | $6745738.13   | 0.96%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDI  | ALLIANT HOLDINGS INTERMEDI                                               | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |   1765000 | PA      | $1759881.50   | 0.25%             | 2031-09-19      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE    | Prime Healthcare Services Inc                                            | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2940000 | PA      | $3057600.00   | 0.44%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE     | Teva Pharmaceutical Finance Netherlands III BV                           | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2250000 | PA      | $2328390.00   | 0.33%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC      | Cloud Software Group Inc                                                 | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   3895000 | PA      | $4039918.93   | 0.58%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC       | Civitas Resources Inc                                                    | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1290883.90   | 0.18%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC              | NCR Atleos Corp                                                          | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   3724000 | PA      | $4031311.93   | 0.58%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS     | Frontier Communications Holdings LLC                                     | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2498490.00   | 0.36%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC    | Acadia Healthcare Co Inc                                                 | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |   4760000 | PA      | $4719788.00   | 0.67%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS    | Focus Financial Partners LLC                                             | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5248604.75   | 0.75%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INSIGHT ENTERPRS            | Insight Enterprises Inc                                                  | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $5203397.50   | 0.74%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC      | CenterPoint Energy Inc                                                   | CUSIP: 15189TBH9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   2315000 | PA      | $2412322.60   | 0.34%             | 2055-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC           | Post Holdings Inc                                                        | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   4595000 | PA      | $4724019.51   | 0.67%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS       | Endo Finance Holdings Inc                                                | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4015000 | PA      | $4307569.04   | 0.61%             | 2031-04-15      | Fixed         | 8.50%                 | 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        |   5950000 | PA      | $6055463.75   | 0.86%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC           | Nexstar Media Inc                                                        | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   8914000 | PA      | $8901062.22   | 1.27%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC       | Nabors Industries Inc                                                    | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   5035000 | PA      | $5111068.78   | 0.73%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP             | CVS Health Corp                                                          | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4387925.49   | 0.63%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                 | Wayfair LLC                                                              | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36086.42     | 0.01%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO                  | Opal Bidco SAS                                                           | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |   2010000 | PA      | $2059739.46   | 0.29%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE     | Global Medical Response Inc                                              | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |    335000 | PA      | $344818.85    | 0.05%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US    | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC     | CUSIP: 22207AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3890000 | PA      | $3974642.51   | 0.57%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSR TR    | Midcap Financial Issuer Trust                                            | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7775000 | PA      | $7721749.03   | 1.10%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALEXANDER FUND TRUST II     | Alexander Funding Trust II                                               | CUSIP: 014916AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3849363.58   | 0.55%             | 2028-07-31      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC    | Ford Motor Credit Co LLC                                                 | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007962.42   | 0.14%             | 2026-03-06      | Fixed         | 6.95%                 | 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        |   5170000 | PA      | $5445044.00   | 0.78%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI    | Standard Building Solutions Inc                                          | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   3605000 | PA      | $3698805.81   | 0.53%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC       | Civitas Resources Inc                                                    | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   3585000 | PA      | $3716028.17   | 0.53%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN    | USA Compression Partners LP / USA Compression Finance Corp               | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6490000 | PA      | $6693292.76   | 0.95%             | 2029-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION    | Consensus Cloud Solutions Inc                                            | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3055000 | PA      | $3049103.85   | 0.43%             | 2026-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD            | Taseko Mines Ltd                                                         | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   1875000 | PA      | $1985894.93   | 0.28%             | 2030-05-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC    | Boost Newco Borrower LLC                                                 | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |   6025000 | PA      | $6391886.35   | 0.91%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FORTESCUE TREASURY PTY L    | Fortescue Treasury Pty Ltd                                               | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   4450000 | PA      | $4560689.30   | 0.65%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CORNERSTONE BUILDING        | Cornerstone Building Brands Inc                                          | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |   5020000 | PA      | $4877632.80   | 0.70%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA BRISTOL LLC    | Virgin Media Bristol LLC                                                 | CUSIP: 000000000<br>LEI: 213800IQ982XX69LE276 | Long             | LON              | CORP              | US        |   2796830 | PA      | $2792579.28   | 0.40%             | 2028-01-31      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| COGECO COMMUNICATIONS US    | COGECO COMMUNICATIONS USA II LP                                          | CUSIP: 19239BAD0<br>LEI: 549300UVJTPYOZ6XKH79 | Long             | LON              | CORP              | US        |   4494380 | PA      | $4483728.29   | 0.64%             | 2030-09-30      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC           | Herc Holdings Inc                                                        | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   3365000 | PA      | $3495312.99   | 0.50%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS L    | Amneal Pharmaceuticals LLC                                               | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |    165000 | PA      | $170645.04    | 0.02%             | 2032-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| F&G ANNUITIES & LIFE INC    | F&G Annuities & Life Inc                                                 | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4205000 | PA      | $4384164.12   | 0.63%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO      | Global Atlantic Fin Co                                                   | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   5430000 | PA      | $5745423.27   | 0.82%             | 2054-10-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| WINDSOR HOLDINGS III LLC    | Windsor Holdings III LLC                                                 | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |   4317000 | PA      | $4563539.51   | 0.65%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC       | Directv Financing LLC                                                    | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $409904.34    | 0.06%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE              | Azorra Finance Ltd                                                       | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |   3005000 | PA      | $3129079.46   | 0.45%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC    | Ford Motor Credit Co LLC                                                 | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6310000 | PA      | $6581259.52   | 0.94%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN TITAN FIN LTD    | Transocean Titan Financing Ltd                                           | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1445000 | PA      | $1480549.89   | 0.21%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS    | Univision Communications Inc                                             | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1708134.50   | 0.24%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                 | Vistra Operations Co LLC                                                 | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4496467.68   | 0.64%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL    | Phoenix Aviation Capital Ltd                                             | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |   3295000 | PA      | $3505596.63   | 0.50%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION       | CMG MEDIA CORP                                                           | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4305295 | PA      | $4108585.82   | 0.59%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| NOURYON FINANCE BV          | NOURYON FINANCE BV                                                       | CUSIP: 000000000<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |   4409231 | PA      | $4412008.90   | 0.63%             | 2028-04-03      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC           | Post Holdings Inc                                                        | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   3282000 | PA      | $3312552.14   | 0.47%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD    | Aptiv Swiss Holdings Ltd                                                 | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   4040000 | PA      | $4127461.96   | 0.59%             | 2054-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SGUS LLC                    | SGUS LLC                                                                 | CUSIP: 81880AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1336090 | PA      | $1259499.99   | 0.18%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LSB INDUSTRIES              | LSB Industries Inc                                                       | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |  10250000 | PA      | $10111340.05  | 1.44%             | 2028-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS    | Univision Communications Inc                                             | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   3420000 | PA      | $3543872.40   | 0.51%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASURY DAC        | Flutter Treasury DAC                                                     | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   3920000 | PA      | $3978878.40   | 0.57%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KRAKEN OIL & GAS PARTNER    | Kraken Oil & Gas Partners LLC                                            | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1873332.66   | 0.27%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| EQT CORP                    | EQT Corp                                                                 | CUSIP: 26884LBH1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    950000 | PA      | $968492.16    | 0.14%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2     | INEOS Quattro Finance 2 Plc                                              | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |   5315000 | PA      | $5259294.71   | 0.75%             | 2029-03-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL    | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl      | CUSIP: 42329HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3160000 | PA      | $3275204.12   | 0.47%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP        | OneMain Finance Corp                                                     | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    630000 | PA      | $637991.55    | 0.09%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP         | FS KKR Capital Corp                                                      | CUSIP: 302635AN7<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |   5770000 | PA      | $5910172.23   | 0.84%             | 2029-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC              | Transocean International Ltd                                             | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   3262500 | PA      | $3432707.95   | 0.49%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GREAT CAN GAMING/RAPTOR     | Great Canadian Gaming Corp/Raptor LLC                                    | CUSIP: 389925AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1725000 | PA      | $1705742.45   | 0.24%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC          | AMN Healthcare Inc                                                       | CUSIP: 00175PAD5<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40123.60     | 0.01%             | 2031-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MERLIN ENTERTAINMENTS GR    | Merlin Entertainments Group US Holdings Inc                              | CUSIP: 59010UAA5<br>LEI: 549300HBQPPKS1187K54 | Long             | DBT              | CORP              | US        |   3440000 | PA      | $2964255.22   | 0.42%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UKG INC                     | UKG Inc                                                                  | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   4020000 | PA      | $4147976.70   | 0.59%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC              | Rocket Cos Inc                                                           | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2385000 | PA      | $2447773.20   | 0.35%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC      | Venture Global LNG Inc                                                   | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2840000 | PA      | $3091973.89   | 0.44%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| STAR PARENT INC             | STAR PARENT INC                                                          | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |   4454774 | PA      | $4452902.87   | 0.64%             | 2030-09-30      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP      | Sunoco LP / Sunoco Finance Corp                                          | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6964000 | PA      | $7179556.69   | 1.02%             | 2028-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC               | TransDigm Inc                                                            | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5570000 | PA      | $5771271.95   | 0.82%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALLIANCE RES OP/FINANCE     | Alliance Resource Operating Partners LP / Alliance Resource Finance Corp | CUSIP: 01879NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6535000 | PA      | $6917539.30   | 0.99%             | 2029-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC    | Liberty Mutual Group Inc                                                 | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |   3495000 | PA      | $3432765.16   | 0.49%             | 2051-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC        | Noble Finance II LLC                                                     | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3305000 | PA      | $3420870.00   | 0.49%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS     | FTAI Aviation Investors LLC                                              | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1350214.72   | 0.19%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRONERI LUX FINCO SARL      | Froneri Lux FinCo SARL                                                   | CUSIP: 35901MAA5<br>LEI: 9845005YBZ75E5AA3B94 | Long             | DBT              | CORP              | LU        |   1020000 | PA      | $1021223.37   | 0.15%             | 2032-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC           | Post Holdings Inc                                                        | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1847595.21   | 0.26%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CINCINNATI BELL INC         | CINCINNATI BELL INC                                                      | CUSIP: 17187MAU4<br>LEI: 549300JYVZOCUJOHL272 | Long             | LON              | CORP              | US        |   2939714 | PA      | $2942977.27   | 0.42%             | 2028-11-24      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC              | Gray Media Inc                                                           | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   3320000 | PA      | $3391838.16   | 0.48%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC            | CSC Holdings LLC                                                         | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5091668.45   | 0.73%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER       | Panther Escrow Issuer LLC                                                | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6170000 | PA      | $6417528.06   | 0.92%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                   | Block Inc                                                                | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    385000 | PA      | $390073.53    | 0.06%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SEMPRA                      | Sempra                                                                   | CUSIP: 816851BW8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3410000 | PA      | $3499504.25   | 0.50%             | 2056-04-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC     | Kodiak Gas Services LLC                                                  | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   2785000 | PA      | $2835619.71   | 0.40%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO    | Medline Borrower LP/Medline Co-Issuer Inc                                | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    830000 | PA      | $851085.87    | 0.12%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AGILITI HEALTH INC          | AGILITI HEALTH INC                                                       | CUSIP: 00847YAE2<br>LEI: 25490002CCQ55NKGNB14 | Long             | LON              | CORP              | US        |   4648243 | PA      | $4444882.84   | 0.63%             | 2030-05-01      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| MILLENNIUM ESCROW CORP      | Millennium Escrow Corp                                                   | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6140000 | PA      | $5881765.91   | 0.84%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI    | Antero Midstream Partners LP / Antero Midstream Finance Corp             | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4480204.20   | 0.64%             | 2032-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                   | IQVIA Inc                                                                | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   2030000 | PA      | $2087126.23   | 0.30%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC           | Newell Brands Inc                                                        | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1785000 | PA      | $1768568.36   | 0.25%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MAXAM PRILL SARL            | Maxam Prill Sarl                                                         | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |   2415000 | PA      | $2431141.30   | 0.35%             | 2030-07-15      | Fixed         | 7.75%                 | 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        |   4240000 | PA      | $4396592.06   | 0.63%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP       | NGL Energy Operating LLC / NGL Energy Finance Corp                       | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1373926.12   | 0.20%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC      | Venture Global LNG Inc                                                   | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   3905000 | PA      | $4041948.35   | 0.58%             | 2028-06-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC        | Chart Industries Inc                                                     | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   4720000 | PA      | $4912269.20   | 0.70%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER     | American Electric Power Co Inc                                           | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   6455000 | PA      | $6749360.91   | 0.96%             | 2054-12-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| CATAWBA NATION GAMING AU    | CATAWBA NATION GAMING AUTHORITY                                          | CUSIP: 14907EAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2240000 | PA      | $2287600.00   | 0.33%             | 2032-03-29      | Floating      | 8.74%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC               | Tidewater Inc                                                            | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |   1710000 | PA      | $1833889.02   | 0.26%             | 2030-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| SAKS GLOBAL ENTERPRS LLC    | Saks Global Enterprises LLC                                              | CUSIP: 79380MAD7<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |   2070000 | PA      | $1055700.00   | 0.15%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP      | CCO Holdings LLC / CCO Holdings Capital Corp                             | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3880000 | PA      | $3933295.68   | 0.56%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN NATIONAL GROUP     | American National Group Inc                                              | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1066648.23   | 0.15%             | 2055-12-01      | Fixed         | 7.00%                 | 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        |   4000000 | PA      | $4137200.00   | 0.59%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP        | Capstone Copper Corp                                                     | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |   3590000 | PA      | $3697804.11   | 0.53%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COTIVITI INC                | COTIVITI INC                                                             | CUSIP: 22164MAD9<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   4680000 | PA      | $4693150.80   | 0.67%             | 2031-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC       | Directv Financing LLC                                                    | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1685907.00   | 0.24%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT      | HAT Holdings I LLC / HAT Holdings II LLC                                 | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $286297.74    | 0.04%             | 2027-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC       | Directv Financing LLC / Directv Financing Co-Obligor Inc                 | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4611000 | PA      | $4605826.46   | 0.66%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC         | Rocket Software Inc                                                      | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4308835.96   | 0.61%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC      | WESCO Distribution Inc                                                   | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   3205000 | PA      | $3299807.11   | 0.47%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP          | Energy Transfer LP                                                       | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   6540000 | PA      | $6988787.88   | 1.00%             | 2054-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Cloud Peak Energy Inc       | Cloud Peak Energy Inc                                                    | CUSIP: 18911Q300<br>LEI: 529900UPE2TSMT20WT39 | Long             | EC               | CORP              | US        |     40020 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GRIFOLS SA                  | Grifols SA                                                               | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   5015000 | PA      | $4871380.83   | 0.69%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW CAN INFRA HOLD    | South Bow Canadian Infrastructure Holdings Ltd                           | CUSIP: 836720AG7<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |   3740000 | PA      | $3907495.90   | 0.56%             | 2055-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC        | Neptune Bidco US Inc                                                     | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   5085000 | PA      | $4991893.65   | 0.71%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU    | Sinclair Television Group Inc                                            | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   4215000 | PA      | $4325727.92   | 0.62%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS     | FTAI Aviation Investors LLC                                              | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3373537.05   | 0.48%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE      | Delek Logistics Partners LP / Delek Logistics Finance Corp               | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2006474.00   | 0.29%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC        | LifePoint Health Inc                                                     | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1575674.79   | 0.22%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD            | GGAM Finance Ltd                                                         | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   5995000 | PA      | $6216880.95   | 0.89%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NEW HOME CO INC/THE         | New Home Co Inc/The                                                      | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $3176352.85   | 0.45%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL    | United Wholesale Mortgage LLC                                            | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $7197419.52   | 1.03%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CATURUS ENERGY LLC          | Caturus Energy LLC                                                       | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |   2360000 | PA      | $2457157.75   | 0.35%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund | BlackRock Liquidity FedFund                                              | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   8017853 | NS      | $8017853.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY OP CORP     | Gulfport Energy Operating Corp                                           | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |   5940000 | PA      | $6095589.75   | 0.87%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC    | Ford Motor Credit Co LLC                                                 | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    600000 | PA      | $623149.46    | 0.09%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR    | Gainwell Acquisition Corp                                                | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4568010 | PA      | $4489212.30   | 0.64%             | 2027-10-01      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR    | Organon & Co / Organon Foreign Debt Co-Issuer BV                         | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3590000 | PA      | $3468451.29   | 0.49%             | 2028-04-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG CO-IS    | Ontario Gaming GTA LP/OTG Co-Issuer Inc                                  | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   3535000 | PA      | $3512620.27   | 0.50%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP    | Hilcorp Energy I LP / Hilcorp Finance Co                                 | CUSIP: 431318AS3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2130240.25   | 0.30%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC              | Gray Media Inc                                                           | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1179233.71   | 0.17%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP               | Carnival Corp                                                            | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   5260000 | PA      | $5533283.30   | 0.79%             | 2029-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                   | Block Inc                                                                | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   5665000 | PA      | $5863308.99   | 0.84%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC         | Churchill Downs Inc                                                      | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   4020000 | PA      | $4119917.86   | 0.59%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JH NORTH AMERICA HOLDING    | JH North America Holdings Inc                                            | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |   4395000 | PA      | $4462307.80   | 0.64%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WEEKLEY HOMES LLC/ FINAN    | Weekley Homes LLC / Weekley Finance Corp                                 | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4715000 | PA      | $4616533.83   | 0.66%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN       | Genesis Energy LP / Genesis Energy Finance Corp                          | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2382018.75   | 0.34%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP    | Hilcorp Energy I LP / Hilcorp Finance Co                                 | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4422362.85   | 0.63%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS    | Ferrellgas LP / Ferrellgas Finance Corp                                  | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5835000 | PA      | $5776207.12   | 0.82%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MAGNOLIA OIL GAS/MAG FIN    | Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp       | CUSIP: 559665AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4375000 | PA      | $4489690.63   | 0.64%             | 2032-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION    | Hess Midstream Operations LP                                             | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3567830.18   | 0.51%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP         | Medline Borrower LP                                                      | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   7835000 | PA      | $7767252.32   | 1.11%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP      | CCO Holdings LLC / CCO Holdings Capital Corp                             | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4475000 | PA      | $4617237.88   | 0.66%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOUD PEAK ENERGY RESOURCES | CLOUD PEAK ENERGY RESOURCES LLC                                          | CUSIP: 000000000<br>LEI: 5493005E5CHLCZG9S159 | Long             | LON              | CORP              | US        |   1982724 | PA      | $1596489.36   | 0.23%             | 2027-05-03      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Virtus Strategy Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer