# EDGAR Filing Document

**Accession Number:** 0000908187
**File Stem:** 0001099263-26-007266
**Filing Date:** 2026-5
**Character Count:** 382613
**Document Hash:** 52c12723121c9348493fa5c7fa69db00
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-007266.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001099263-26-007266

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PCM FUND, INC.
- **CENTRAL INDEX KEY:** 0000908187

**ORGANIZATION NAME:**
- **EIN:** 521834031
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07816
- **FILM NUMBER:** 261043467

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212 -739-4000

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIMCO COMMERCIAL MORTGAGE SECURITIES TRUST INC
- **DATE OF NAME CHANGE:** 19930624

## Nport-Ex

<br> Schedule of Investments PIMCO PCM Fund, Inc. March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 148.1% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 23.6%**  |  |  |
| **AP Core Holdings II LLC**<br>9.428% (TSFR3M + 5.500%) due 09/01/2027 ~ | $1130 | $1104 |
| **Aspire Bakeries Holdings LLC**<br>6.668% (TSFR1M + 3.000%) due 12/23/2030 «~ | 198 | 198 |
| **Asurion LLC**<br>7.768% (TSFR1M + 4.000%) due 08/19/2028 ~ | 295 | 286 |
| **Cengage Learning, Inc.**  |  |  |
| TBD% - 6.676% (TSFR3M + 3.000%) due 03/24/2031 ~ | 197 | 193 |
| **Central Parent, Inc.**<br>6.950% (TSFR3M + 3.250%) due 07/06/2029 ~ | 594 | 425 |
| **Charlotte Buyer, Inc.**<br>7.920% (TSFR1M + 4.250%) due 02/11/2028 ~ | 298 | 295 |
| **Coreweave Compute Acquisition Co. IV LLC**<br>9.669% - 9.700% (TSFR3M + 6.000%) due 05/16/2029 «~ | 466 | 480 |
| **Databricks, Inc.**  |  |  |
| 1.000% due 01/05/2032 ~µ | 91 | 90 |
| 8.171% (TSFR1M + 4.500%) due 01/05/2032 ~ | 409 | 407 |
| **DTI Holdco, Inc.**<br>7.668% (TSFR1M + 4.000%) due 04/26/2029 ~ | 453 | 392 |
| **Encina Private Credit LLC**<br>TBD% due 11/30/2026 «~ | 36 | 29 |
| **Envision Healthcare Corp.**  |  |  |
| 11.641% (TSFR3M + 7.875%) due 07/20/2026 «~ | 84 | 84 |
| 11.641% (TSFR3M + 7.875%) due 11/03/2028 «~ | 1842 | 1897 |
| **EP Purchaser LLC**<br>8.287% (TSFR3M + 4.500%) due 11/06/2028 ~ | 86 | 55 |
| **Finastra USA, Inc.**<br>7.671% (TSFR3M + 4.000%) due 09/15/2032 ~ | 150 | 141 |
| **Guardian**<br>9.167% (TSFR3M + 5.500%) due 08/29/2032 «~ | 100 | 99 |
| **Houghton Mifflin Harcourt Publishing Co.**<br>9.018% (TSFR1M + 5.250%) due 04/09/2029 ~ | 214 | 182 |
| **Ineos U.S. Finance LLC**<br>6.918% (TSFR1M + 3.250%) due 02/18/2030 ~ | 398 | 349 |
| **Ivanti Software, Inc.**  |  |  |
| 8.411% (TSFR3M + 4.750%) due 06/01/2029 ~ | 1160 | 787 |
| 9.411% (TSFR3M + 5.750%) due 06/01/2029 ~µ | 155 | 155 |
| **LBM Acquisition LLC**<br>7.525% (TSFR1M + 3.750%) due 06/06/2031 ~ | 374 | 302 |
| **Lealand Finance Co. BV**<br>6.782% (TSFR1M + 3.000%) due 06/30/2027 ~ | 27 | 23 |
| **Lealand Finance Co. BV (7.782% Cash)**<br>7.782% (TSFR1M + 4.000%) due 12/31/2027 ~ | 229 | 192 |
| **McAfee LLC**<br>6.668% (TSFR1M + 3.000%) due 03/01/2029 ~ | 496 | 445 |
| **Mercury Aggregator LP**<br>TBD% due 04/03/2027 ~ | 390 | 0 |
| **Modena Buyer LLC**<br>7.917% (TSFR3M + 4.250%) due 07/01/2031 ~ | 494 | 445 |
| **Newfold Digital Holdings Group, Inc.**  |  |  |
| 7.269% - 9.442% (TSFR1M + 3.500%) due 04/30/2029 ~ | 160 | 107 |
| 7.269% - 9.442% (TSFR3M + 5.750%) due 04/30/2029 «~ | 21 | 16 |
| **Onex TSG Intermediate Corp.**  |  |  |
| 6.950% (TSFR3M + 3.250%) due 08/06/2032 ~ | 400 | 403 |
| **Padagis LLC**<br>8.658% (TSFR3M + 4.750%) due 07/06/2028 «~ | 346 | 319 |
| **Paradigm Parent LLC**<br>8.200% (TSFR3M + 4.500%) due 04/16/2032 ~ | 398 | 330 |
| **Peraton Corp.**<br>7.517% (TSFR3M + 3.750%) due 02/01/2028 ~ | 1260 | 1078 |
| **Polaris Newco LLC**<br>7.928% (TSFR3M + 4.000%) due 06/02/2028 ~ | 378 | 334 |
| **QuidelOrtho Corp.**<br>7.668% (TSFR1M + 4.000%) due 08/20/2032 ~ | 498 | 497 |
| **RealPage, Inc.**<br>6.961% (TSFR3M + 3.000%) due 04/24/2028 ~ | 314 | 302 |
| **Stonepeak Bayou Holdings LP**<br>6.450% (TSFR3M + 2.750%) due 10/01/2032 ~ | 400 | 390 |
| **Syniverse Holdings, Inc.**<br>10.700% (TSFR3M + 7.000%) due 05/13/2027 «~ | 1064 | 986 |
| **Trident TPI Holdings, Inc.**<br>7.450% (TSFR3M + 3.750%) due 09/15/2028 ~ | 298 | 283 |
| **U.S. Renal Care, Inc.**  |  |  |
| 1.500% - 9.675% (TSFR1M + 6.000%) due 09/25/2030 «~ | 394 | 402 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| 8.782% (TSFR1M + 5.000%) due 06/28/2028 ~ | 2023 | 1911 |
| **VistaJet Malta Finance PLC**<br>7.406% - 7.411% (TSFR3M + 3.750%) due 04/01/2031 ~ | 99 | 98 |
| **Westmoreland Coal Co.**<br>8.000% due 03/15/2029 «~ | 263 | 115 |
| Total Loan Participations and Assignments (Cost $17,675) |  | 16626 |
| **CORPORATE BONDS & NOTES 26.7%**  |  |  |
| **BANKING & FINANCE 5.0%**  |  |  |
| **Armor Holdco, Inc.** <br>8.500% due 11/15/2029 (j) | 200 | 183 |
| **BGC Group, Inc.** <br>6.600% due 06/10/2029 (j) | 100 | 103 |
| **Diversified Healthcare Trust** <br>7.250% due 10/15/2030 | 100 | 101 |
| **FS KKR Capital Corp.** <br>7.875% due 01/15/2029 (j) | 400 | 405 |
| **ION Platform Finance U.S., Inc./ION Platform Finance SARL**  |  |  |
| 8.750% due 05/01/2029 (j)  | 260 | 242 |
| 9.000% due 08/01/2029  | 100 | 93 |
| 9.500% due 05/30/2029  | 140 | 132 |
| **Kilroy Realty LP** <br>5.875% due 10/15/2035 (j) | 100 | 96 |
| **Nuveen Churchill Direct Lending Corp.** <br>6.650% due 03/15/2030 (j) | 1000 | 993 |
| **RHP Hotel Properties LP/RHP Finance Corp.** <br>6.500% due 06/15/2033 | 100 | 102 |
| **Service Properties Trust** <br>0.000% due 09/30/2028 (f) | 100 | 91 |
| **Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC** <br>6.000% due 01/15/2030 (j) | 1065 | 1003 |
| **Voyager Aviation Holdings LLC** <br>8.500% due 05/09/2026 ^«(c) | 980 | 0 |
|  |  | 3544 |
| **INDUSTRIALS 21.2%**  |  |  |
| **Avient Corp.** <br>6.250% due 11/01/2031 | 100 | 101 |
| **Beignet Investor LLC** <br>6.581% due 05/30/2049 (j) | 960 | 988 |
| **CACI International, Inc.** <br>6.375% due 06/15/2033 | 100 | 102 |
| **Chobani LLC/Chobani Finance Corp., Inc.** <br>7.625% due 07/01/2029 (j) | 100 | 102 |
| **Claritev Corp. (6.500% Cash and 0.750% PIK)** <br>7.250% due 03/31/2031 (b) | 520 | 338 |
| **Columbus McKinnon Corp.** <br>7.125% due 02/01/2033 | 100 | 100 |
| **CoreWeave, Inc.** <br>9.000% due 02/01/2031 (j) | 600 | 572 |
| **CVS Pass-Through Trust** <br>5.880% due 01/10/2028 (j) | 280 | 281 |
| **DISH DBS Corp.**  |  |  |
| 5.250% due 12/01/2026  | 660 | 655 |
| 5.750% due 12/01/2028  | 400 | 387 |
| **DISH Network Corp.** <br>11.750% due 11/15/2027 | 800 | 825 |
| **Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.** <br>6.750% due 01/15/2030 (j) | 400 | 374 |
| **Howard Midstream Energy Partners LLC** <br>6.625% due 01/15/2034 (j) | 500 | 502 |
| **Incora Intermediate II LLC (0.500% PIK)** <br>0.500% due 01/31/2030 «(b) | 1545 | 1545 |
| **Incora Top Holdco LLC** <br>6.000% due 01/30/2033 «(i) | 1074 | 1627 |
| **Insulet Corp.** <br>6.500% due 04/01/2033 (j) | 100 | 102 |
| **JetBlue Airways Corp./JetBlue Loyalty LP** <br>9.875% due 09/20/2031 (j) | 400 | 379 |
| **LifePoint Health, Inc.**  |  |  |
| 9.875% due 08/15/2030 (j)  | 100 | 106 |
| 11.000% due 10/15/2030 (j)  | 500 | 538 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | 63 | 48 |
| **MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (b) | 101 | 91 |
| **National Mentor Holdings, Inc.** <br>10.500% due 12/15/2030 (j) | 300 | 310 |
| **Newfold Digital Holdings Group, Inc.** <br>7.269% due 04/30/2029 | 229 | 94 |
| **Olympus Water U.S. Holding Corp.** <br>7.250% due 06/15/2031 (j) | 200 | 195 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Paradigm Parent LLC & Paradigm Parent Co-Issuer, Inc.** <br>8.750% due 04/17/2032 | 100 | 89 |
| **Performance Food Group, Inc.** <br>6.125% due 09/15/2032 (j) | 100 | 100 |
| **Prime Healthcare Services, Inc.** <br>9.375% due 09/01/2029 (j) | 500 | 519 |
| **Quikrete Holdings, Inc.**  |  |  |
| 6.375% due 03/01/2032 (j)  | 400 | 406 |
| 6.750% due 03/01/2033 (j)  | 100 | 102 |
| **Specialty Building Products Holdings LLC/SBP Finance Corp.** <br>7.750% due 10/15/2029 | 100 | 87 |
| **Topaz Solar Farms LLC** <br>4.875% due 09/30/2039 | 222 | 200 |
| **Transocean Aquila Ltd.** <br>8.000% due 09/30/2028 (j) | 246 | 253 |
| **Transocean International Ltd.** <br>8.250% due 05/15/2029 (j) | 500 | 517 |
| **U.S. Renal Care, Inc.** <br>10.625% due 06/28/2028 | 249 | 208 |
| **Venture Global LNG, Inc.**  |  |  |
| 9.500% due 02/01/2029 (j)  | 200 | 216 |
| 9.875% due 02/01/2032 (j)  | 300 | 322 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 6.500% due 01/15/2034 (j)  | 250 | 261 |
| 6.750% due 01/15/2036 (j)  | 200 | 212 |
| **Waste Pro USA, Inc.** <br>7.000% due 02/01/2033 (j) | 200 | 203 |
| **Weatherford International Ltd.** <br>6.750% due 10/15/2033 (j) | 800 | 818 |
|  |  | 14875 |
| **UTILITIES 0.5%**  |  |  |
| **Pacific Gas & Electric Co.** <br>4.300% due 03/15/2045 (j) | 463 | 362 |
| Total Corporate Bonds & Notes (Cost $19,544) |  | 18781 |
| **U.S. GOVERNMENT AGENCIES 7.0%**  |  |  |
| **Federal Home Loan Mortgage Corp. Military Housing Bonds Resecuritization Trust Certificates**<br>0.700% due 11/25/2055 ~(a) | 5720 | 341 |
| **Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates**<br>2.010% due 11/25/2045 ~(a) | 1027 | 31 |
| **Federal Home Loan Mortgage Corp. REMICS**  |  |  |
| 2.374% due 05/25/2050 •(a)(j) | 1152 | 137 |
| 3.500% due 02/25/2041 (a)(j) | 1247 | 167 |
| 4.000% due 07/25/2050 (a)(j) | 4530 | 1048 |
| 5.000% due 03/15/2040 (a) | 72 | 2 |
| **Federal Home Loan Mortgage Corp. STACR REMICS Trust**  |  |  |
| 11.162% due 10/25/2041 •(j) | 1100 | 1132 |
| 11.462% due 11/25/2041 •(j) | 1100 | 1138 |
| **Federal National Mortgage Association Connecticut Avenue Securities Trust**<br>6.762% due 10/25/2041 •  | 800 | 808 |
| **Federal National Mortgage Association REMICS**<br>4.000% due 06/25/2050 (a)(j) | 508 | 96 |
| Total U.S. Government Agencies (Cost $4,843) |  | 4900 |
| **U.S. TREASURY OBLIGATIONS 0.1%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 4.875% due 08/15/2045 (m) | 35 | 35 |
| **U.S. Treasury Notes**  |  |  |
| 4.250% due 08/15/2035 (m) | 63 | 63 |
| Total U.S. Treasury Obligations (Cost $100) |  | 98 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 32.9%**  |  |  |
| **245 Park Avenue Trust** <br>3.657% due 06/05/2037 ~(j) | 655 | 633 |
| **Adjustable Rate Mortgage Trust** <br>5.529% due 01/25/2036 ~ | 43 | 41 |
| **Ashford Hospitality Trust** <br>5.245% due 04/15/2035 •(j) | 900 | 896 |
| **Banc of America Alternative Loan Trust** <br>5.096% due 04/25/2037 ~ | 46 | 41 |
| **Banc of America Funding Trust**  |  |  |
| 2.765% due 12/20/2034 ~  | 82 | 70 |
| 4.174% due 03/20/2036 ~  | 30 | 26 |
| 5.806% due 03/25/2037 ~  | 23 | 27 |
| 7.000% due 10/25/2037  | 227 | 164 |
| **Banc of America Mortgage Trust** <br>4.872% due 06/25/2035 ~ | 19 | 18 |
| **Bank of America Mortgage Trust** <br>6.334% due 06/20/2031 ~ | 52 | 53 |
| **BBCCRE Trust** <br>4.216% due 08/10/2033 | 500 | 449 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **BBCMS Mortgage Trust** <br>3.688% due 02/15/2053 ~ | 1000 | 814 |
| **BCAP LLC Trust** <br>4.182% due 07/26/2036 ~ | 32 | 27 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 3.950% due 05/25/2036 ~  | 532 | 499 |
| 4.074% due 05/25/2036 ~  | 21 | 15 |
| 4.132% due 08/25/2036 ~  | 173 | 77 |
| 4.133% due 04/25/2037 •  | 311 | 281 |
| 4.349% due 07/25/2035 ~  | 85 | 57 |
| 4.433% due 11/25/2036 ~  | 419 | 209 |
| 4.591% due 01/25/2047 ~  | 19 | 9 |
| 6.000% due 09/25/2034 ~  | 51 | 50 |
| **Bear Stearns Commercial Mortgage Securities Trust** <br>5.657% due 10/12/2041 ~ | 9 | 9 |
| **CBA Commercial Small Balance Commercial Mortgage** <br>6.040% due 01/25/2039 þ | 60 | 58 |
| **CD Mortgage Trust** <br>5.688% due 10/15/2048 | 43 | 41 |
| **Chase Mortgage Finance Trust** <br>6.000% due 03/25/2037 | 152 | 77 |
| **CHL Mortgage Pass-Through Trust**  |  |  |
| 4.096% due 09/20/2036 ~  | 44 | 40 |
| 4.433% due 03/25/2035 •  | 51 | 45 |
| 4.592% due 09/25/2047 ~  | 144 | 131 |
| 5.663% due 03/25/2046 •  | 169 | 147 |
| 6.000% due 05/25/2037  | 175 | 68 |
| 6.224% due 02/20/2036 •  | 1 | 1 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.680% due 10/25/2035 ~  | 732 | 658 |
| 4.871% due 11/25/2035 ~  | 978 | 463 |
| 6.250% due 11/25/2037 ~  | 651 | 245 |
| **Citigroup Mortgage Loan Trust, Inc. Mortgage Pass-Through Certificates** <br>3.891% due 09/25/2035 ~ | 48 | 36 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.343% due 10/25/2037 •  | 3285 | 648 |
| 4.353% due 02/25/2037 •  | 91 | 76 |
| 4.373% due 02/25/2036 •  | 315 | 297 |
| 5.500% due 03/25/2035  | 370 | 148 |
| 6.000% due 11/25/2035  | 158 | 21 |
| 6.000% due 04/25/2036 (j)  | 2139 | 961 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>7.000% due 02/25/2033 | 21 | 22 |
| **CSMC Mortgage-Backed Trust**  |  |  |
| 6.000% due 07/25/2036 (j)  | 825 | 352 |
| 6.396% due 04/25/2036 þ  | 118 | 60 |
| 6.500% due 05/25/2036  | 143 | 59 |
| **DBGS Mortgage Trust** <br>0.000% due 10/15/2039 ~(a) | 147870 | 0 |
| **First Horizon Alternative Mortgage Securities Trust** <br>5.038% due 08/25/2035 ~ | 1 | 0 |
| **GSR Mortgage Loan Trust** <br>3.961% due 03/25/2047 ~ | 496 | 260 |
| **HarborView Mortgage Loan Trust** <br>4.291% due 01/19/2036 •  | 354 | 227 |
| **IndyMac INDA Mortgage Loan Trust** <br>3.616% due 06/25/2037 ~ | 70 | 53 |
| **IndyMac INDX Mortgage Loan Trust** <br>3.265% due 05/25/2036 ~ | 85 | 46 |
| **JP Morgan Alternative Loan Trust** <br>6.500% due 03/25/2036 (j) | 680 | 341 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 0.383% due 02/15/2046 «~(a)  | 49718 | 51 |
| 5.160% due 07/05/2033 •(j)  | 843 | 739 |
| 6.020% due 02/15/2035 •  | 206 | 199 |
| 7.970% due 02/15/2035 •(j)  | 741 | 644 |
| **JP Morgan Mortgage Trust** <br>6.178% due 07/25/2035 ~ | 5 | 5 |
| **Lehman Mortgage Trust** <br>5.724% due 04/25/2036 ~ | 136 | 83 |
| **MASTR Adjustable Rate Mortgages Trust** <br>5.314% due 11/25/2035 ~ | 156 | 63 |
| **MASTR Asset Securitization Trust** <br>6.000% due 06/25/2036 •  | 137 | 74 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.213% due 07/25/2030 •  | 7 | 6 |
| 4.453% due 11/25/2029 •  | 20 | 17 |
| 5.277% due 11/25/2035 •  | 30 | 29 |
| 5.844% due 02/25/2034 ~  | 1 | 1 |
| 7.000% due 05/25/2033 ~  | 5 | 5 |
| **MFA Trust**  |  |  |
| 4.269% due 08/25/2061 ~(j)  | 1000 | 861 |
| 4.299% due 12/25/2066 ~(j)  | 1000 | 860 |
| **Morgan Stanley Capital I Trust** <br>0.652% due 11/12/2049 ~(a) | 39 | 0 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 5.871% due 01/25/2035 ~  | 132 | 119 |
| 6.000% due 08/25/2037  | 136 | 43 |
| **Morgan Stanley Resecuritization Trust** <br>4.492% due 03/26/2037 ~(j) | 1444 | 1248 |
| **Mortgage Equity Conversion Asset Trust** <br>4.000% due 07/25/2060 | 24 | 23 |
| **Natixis Commercial Mortgage Securities Trust**  |  |  |
| 4.058% due 04/10/2037 ~  | 1197 | 654 |
| 8.866% due 03/15/2035 •(j)  | 174 | 174 |
| **New Residential Mortgage Loan Trust** <br>3.828% due 11/25/2059 ~ | 2900 | 1704 |
| **RALI Trust**  |  |  |
| 4.973% due 01/25/2036 ~  | 137 | 92 |
| 6.000% due 08/25/2035  | 84 | 75 |
| 6.000% due 06/25/2036  | 47 | 37 |
| 6.500% due 09/25/2037  | 88 | 73 |
| **Regal Trust IV** <br>4.329% due 09/29/2031 •  | 5 | 5 |
| **Residential Asset Securitization Trust** <br>6.000% due 03/25/2037 | 180 | 54 |
| **RFMSI Trust** <br>6.000% due 06/25/2036 | 65 | 56 |
| **Soho Trust** <br>2.697% due 08/10/2038 ~ | 450 | 373 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.981% due 04/25/2036 ~  | 139 | 71 |
| 4.219% due 01/25/2036 ~  | 149 | 79 |
| 4.625% due 09/25/2036  | 8 | 7 |
| **TBW Mortgage-Backed Trust** <br>6.000% due 07/25/2036 | 102 | 31 |
| **Verus Securitization Trust** <br>7.799% due 06/25/2069 ~ | 500 | 505 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.108% due 12/25/2036 ~(j)  | 129 | 120 |
| 4.693% due 10/25/2045 •(j)  | 2278 | 2018 |
| 4.773% due 06/25/2044 •  | 111 | 112 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust** <br>6.500% due 08/25/2036 (j) | 506 | 448 |
| **Wells Fargo Commercial Mortgage Trust** <br>4.928% due 12/15/2039 ~(j) | 1042 | 937 |
| **Worldwide Plaza Trust**  |  |  |
| 3.526% due 11/10/2036  | 435 | 348 |
| 3.596% due 11/10/2036 ~  | 2400 | 12 |
| Total Non-Agency Mortgage-Backed Securities (Cost $29,385) |  | 23101 |
| **ASSET-BACKED SECURITIES 44.1%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.0%**  |  |  |
| **Flagship Credit Auto Trust** <br>0.000% due 06/15/2029 (f) | 14 | 0 |
| **HOME EQUITY OTHER 35.5%**  |  |  |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>7.039% due 06/21/2029 •  | 51 | 48 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.113% due 12/25/2036 •(j)  | 925 | 521 |
| 4.233% due 12/25/2036 •  | 581 | 217 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.193% due 06/25/2037 •(j)  | 419 | 429 |
| 4.198% due 09/25/2046 •(j)  | 4153 | 3452 |
| 4.273% due 05/25/2036 •(j)  | 5993 | 5085 |
| 5.668% due 10/25/2035 •(j)  | 2196 | 1883 |
| **EMC Mortgage Loan Trust** <br>5.093% due 02/25/2041 •  | 127 | 128 |
| **GE Capital Mortgage Services, Inc. Trust** <br>6.705% due 04/25/2029 ~ | 9 | 8 |
| **GSAMP Trust** <br>6.418% due 12/25/2034 •(j) | 2156 | 1697 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.033% due 04/25/2037 •(j) | 2766 | 1884 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.013% due 04/25/2037 •(j)  | 2543 | 1262 |
| 4.133% due 12/25/2036 •(j)  | 3990 | 906 |
| **MASTR Asset-Backed Securities Trust** <br>4.013% due 08/25/2036 •(j) | 2233 | 777 |
| **Morgan Stanley ABS Capital I, Inc. Trust**  |  |  |
| 3.933% due 10/25/2036 •(j)  | 7628 | 3328 |
| 4.573% due 12/25/2034 •  | 36 | 37 |
| **People's Financial Realty Mortgage Securities Trust** <br>3.923% due 09/25/2036 •(j) | 5503 | 953 |
| **Renaissance Home Equity Loan Trust** <br>7.238% due 09/25/2037 þ(j) | 3165 | 1204 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Soundview Home Loan Trust** <br>4.743% due 10/25/2037 •(j) | 1316 | 1040 |
| **Structured Asset Investment Loan Trust** <br>8.293% due 10/25/2033 •  | 68 | 87 |
|  |  | 24946 |
| **MANUFACTURING HOUSE ABS OTHER 0.8%**  |  |  |
| **Conseco Finance Securitizations Corp.** <br>9.163% due 03/01/2033 ~ | 526 | 541 |
| **UCFC Manufactured Housing Contract** <br>7.900% due 01/15/2028 ~ | 4 | 4 |
|  |  | 545 |
| **MANUFACTURING HOUSE SEQUENTIAL 0.2%**  |  |  |
| **BCMSC Trust** <br>7.830% due 06/15/2030 ~ | 1185 | 66 |
| **Conseco Finance Securitizations Corp.** <br>7.960% due 05/01/2031 | 324 | 56 |
|  |  | 122 |
| **WHOLE LOAN COLLATERAL 2.2%**  |  |  |
| **Bear Stearns Asset-Backed Securities I Trust** <br>5.500% due 12/25/2035 | 21 | 13 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.493% due 11/25/2046 •(j) | 1100 | 947 |
| **First Franklin Mortgage Loan Trust** <br>4.663% due 06/25/2036 •  | 315 | 310 |
| **Lehman XS Trust** <br>6.260% due 11/25/2035 þ | 635 | 287 |
|  |  | 1557 |
| **OTHER ABS 5.4%**  |  |  |
| **ABSLT DE LLC** <br>12.175% due 05/20/2033 « | 1200 | 1180 |
| **AIM Aviation Finance Ltd.** <br>6.213% due 02/15/2040 þ(j) | 432 | 424 |
| **Apex Credit CLO LLC** <br>0.000% due 10/20/2034 ~ | 500 | 162 |
| **Crown City CLO II** <br>0.000% due 04/20/2035 ~ | 600 | 168 |
| **Deutsche Bank AG** <br>10.918% due 01/21/2035 «•  | 500 | 502 |
| **Dryden 123 CLO Ltd.**  |  |  |
| 0.000% due 04/15/2038 ~  | 600 | 458 |
| 0.000% due 04/15/2038 «  | 600 | 13 |
| **Man GLG U.S. CLO Ltd.** <br>0.000% due 07/15/2034 ~ | 600 | 213 |
| **Marlette Funding Trust**  |  |  |
| 0.000% due 07/16/2029 (f)  | 5 | 0 |
| 0.000% due 03/15/2030 «(f)  | 8 | 3 |
| **National Collegiate V Commutation Trust** <br>0.000% due 03/25/2038 •  | 3496 | 514 |
| **SMB Private Education Loan Trust** <br>0.000% due 02/16/2055 «(f) | 0 | 174 |
|  |  | 3811 |
| Total Asset-Backed Securities (Cost $46,938) |  | 30981 |
|  | SHARES |  |
| **COMMON STOCKS 9.3%**  |  |  |
| **COMMUNICATION SERVICES 0.8%**  |  |  |
| **Clear Channel Outdoor Holdings, Inc. (d)** | 108013 | 256 |
| **iHeartMedia, Inc. Class A (d)** | 25745 | 75 |
| **iHeartMedia, Inc. Class B «(d)** | 20009 | 51 |
| **Uniti Group, Inc. (d)** | 20942 | 197 |
|  |  | 579 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |
| **West Marine «(d)(i)** | 2750 | 17 |
| **FINANCIALS 0.7%**  |  |  |
| **Windstream Services LLC (d)** | 52170 | 489 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| **XBP Global Holdings, Inc. (d)** | 131 | 1 |
|  |  | 490 |
| **HEALTH CARE 5.1%**  |  |  |
| **AmSurg Corp. «(d)(i)** | 81058 | 3565 |
| **INDUSTRIALS 2.7%**  |  |  |
| **Incora New Equity «(d)(i)** | 47162 | 1786 |
| **Mcdermott International Ltd. (d)** | 57 | 1 |
| **Westmoreland Mining Holdings «(d)(i)** | 9154 | 6 |
| **Westmoreland Mining LLC «(d)(i)** | 16748 | 71 |
|  |  | 1864 |
| **REAL ESTATE 0.0%**  |  |  |
| **MNSN Holdings, Inc. «(d)(i)** | 511 | 32 |
| Total Common Stocks (Cost $8,408) |  | 6547 |
| **WARRANTS 0.1%**  |  |  |
| **COMMUNICATION SERVICES 0.1%**  |  |  |
| **Windstream Holdings II LLC - Exp. 08/01/2035** | 10163 | 95 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |
| **West Marine - Exp. 09/08/2028**  | 357 | 0 |
| Total Warrants (Cost $62) |  | 95 |
| **PREFERRED SECURITIES 3.0%**  |  |  |
| **BANKING & FINANCE 0.5%**  |  |  |
| **Windstream Holdings II LLC**<br>11.000% « | 333 | 354 |
| **INDUSTRIALS 2.5%**  |  |  |
| **Clover Holdings, Inc.**<br>0.000% «(i) | 1626 | 31 |
| **SVB Financial Trust**  |  |  |
| 0.000% due 11/07/2032 (f) | 440 | 0 |
| 11.000% due 11/07/2032 | 583 | 275 |
| **Syniverse Holdings, Inc.**<br>12.500% «(i) | 476430 | 401 |
| **Venture Global LNG, Inc.**<br>9.000% due 09/30/2029 •(g) | 1080000 | 1076 |
|  |  | 1783 |
| Total Preferred Securities (Cost $2,059) |  | 2137 |
| **REAL ESTATE INVESTMENT TRUSTS 0.5%**  |  |  |
| **REAL ESTATE 0.5%**  |  |  |
| **VICI Properties, Inc.** | 13531 | 370 |
| Total Real Estate Investment Trusts (Cost $34) |  | 370 |
| **SHORT-TERM INSTRUMENTS 0.8%**  |  |  |
| **MUTUAL FUNDS 0.5%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 3.720% (h) | 345392 | 345 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.3%**  |  |  |
| 3.629% due 04/21/2026 - 05/26/2026 (e)(f)(m) | 199 | 199 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $544) |  | 544 |
| Total Investments in Securities (Cost $129,592) |  | 104180 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 9.3%**  |  |  |
| **SHORT-TERM INSTRUMENTS 9.3%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 9.3%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 674318 | 6567 |
| Total Short-Term Instruments (Cost $6,567) |  | 6567 |
| Total Investments in Affiliates (Cost $6,567) |  | 6567 |
| Total Investments 157.4% (Cost $136,159) |  | $110747 |
| **Financial Derivative Instruments (k)(l) (0.1)**%(Cost or Premiums, net $1,112) |  | (63) |
| Other Assets and Liabilities, net (57.3)% |  | (40341) |
| Net Assets Applicable to Common Shareholders 100.0% |  | $70343 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(h)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(i)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| AmSurg Corp. | AmSurg Corp. | AmSurg Corp. | 11/02/2023 - 11/06/2023 | 11/02/2023 - 11/06/2023 | $3387 | 3387 | $3565 | 3565 | 5.07 |
| Clover Holdings, Inc. | Clover Holdings, Inc. | Clover Holdings, Inc. | 12/09/2024 | 12/09/2024 | 25 | 25 | 31 | 31 | 0.04 |
| Incora New Equity | Incora New Equity | Incora New Equity | 01/31/2025 | 01/31/2025 | 2291 | 2291 | 1786 | 1786 | 2.54 |
| Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 | 01/31/2025 - 01/31/2026 | 01/31/2025 - 01/31/2026 | 1074 | 1074 | 1627 | 1627 | 2.31 |
| MNSN Holdings, Inc. | MNSN Holdings, Inc. | MNSN Holdings, Inc. | 03/16/2023 - 03/29/2023 | 03/16/2023 - 03/29/2023 | 6 | 6 | 32 | 32 | 0.05 |
| Syniverse Holdings, Inc. | Syniverse Holdings, Inc. | Syniverse Holdings, Inc. | 05/12/2022 - 11/30/2025 | 05/12/2022 - 11/30/2025 | 470 | 470 | 401 | 401 | 0.57 |
| West Marine | West Marine | West Marine | 09/12/2023 | 09/12/2023 | 40 | 40 | 17 | 17 | 0.02 |
| Westmoreland Mining Holdings | Westmoreland Mining Holdings | Westmoreland Mining Holdings | 12/08/2014 | 12/08/2014 | 266 | 266 | 6 | 6 | 0.01 |
| Westmoreland Mining LLC | Westmoreland Mining LLC | Westmoreland Mining LLC | 06/30/2023 - 02/03/2025 | 06/30/2023 - 02/03/2025 | 84 | 84 | 71 | 71 | 0.10 |
|  |  |  |  | $ | 7643 | $ | 7536 | 10.71%  | 10.71%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BNY | BNY | 4.730%  | 01/26/2026 | 07/27/2026 | 07/27/2026 | (1956) | (1956) | (1973) | (1973) |
| BPS | BPS | 4.830  | 01/27/2026 | 07/23/2026 | 07/23/2026 | (7656) | (7656) | (7722) | (7722) |
|  |  | 5.170  | 01/22/2026 | 04/22/2026 | 04/22/2026 | (1498) | (1498) | (1513) | (1513) |
| BRC | BRC | 2.500  | 02/09/2026 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (832) | (832) | (835) | (835) |
|  |  | 3.580  | 12/12/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (347) | (347) | (351) | (351) |
|  |  | 4.830  | 12/19/2025 | 04/20/2026 | 04/20/2026 | (418) | (418) | (424) | (424) |
| BYR | BYR | 3.950  | 12/12/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (272) | (272) | (275) | (275) |
|  |  | 4.130  | 01/21/2026 | 04/21/2026 | 04/21/2026 | (505) | (505) | (509) | (509) |
| CEW | CEW | 4.120  | 02/26/2026 | 05/27/2026 | 05/27/2026 | (971) | (971) | (974) | (974) |
| DBL | DBL | 4.271  | 03/13/2026 | 06/12/2026 | 06/12/2026 | (505) | (505) | (507) | (507) |
|  |  | 4.321  | 03/13/2026 | 06/12/2026 | 06/12/2026 | (593) | (593) | (594) | (594) |
|  |  | 4.471  | 03/13/2026 | 06/12/2026 | 06/12/2026 | (694) | (694) | (696) | (696) |
| DEU | DEU | 4.070  | 03/11/2026 | 04/13/2026 | 04/13/2026 | (1250) | (1250) | (1253) | (1253) |
| GLM | GLM | 5.030  | 12/23/2025 | 09/23/2026 | 09/23/2026 | (528) | (528) | (535) | (535) |
| IND | IND | 4.030  | 01/08/2026 | 04/08/2026 | 04/08/2026 | (1035) | (1035) | (1045) | (1045) |
|  |  | 4.050  | 03/04/2026 | 06/04/2026 | 06/04/2026 | (289) | (289) | (290) | (290) |
|  |  | 4.080  | 02/12/2026 | 05/13/2026 | 05/13/2026 | (99) | (99) | (99) | (99) |
|  |  | 4.160  | 03/16/2026 | 06/16/2026 | 06/16/2026 | (627) | (627) | (628) | (628) |
|  |  | 4.380  | 03/23/2026 | 05/26/2026 | 05/26/2026 | (1425) | (1425) | (1427) | (1427) |
|  |  | 4.390  | 01/16/2026 | 06/15/2026 | 06/15/2026 | (99) | (99) | (100) | (100) |
| MZF | MZF | 4.730  | 03/24/2026 | 09/24/2026 | 09/24/2026 | (3990) | (3990) | (3994) | (3994) |
| RTA | RTA | 4.730  | 03/09/2026 | 06/09/2026 | 06/09/2026 | (1630) | (1630) | (1635) | (1635) |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| SOG | SOG | SOG | SOG | SOG | 3.970  | 3.970  | 12/12/2025 | 12/12/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> |  | (4171) | (4171) | (4171) |  | (4222) | (4222) |
|  |  |  |  |  | 4.090  | 4.090  | 02/20/2026 | 02/20/2026 | 05/04/2026 | 05/04/2026 |  | (386) | (386) | (386) |  | (387) | (387) |
|  |  |  |  |  | 4.100  | 4.100  | 02/24/2026 | 02/24/2026 | 05/26/2026 | 05/26/2026 |  | (274) | (274) | (274) |  | (275) | (275) |
|  |  |  |  |  | 4.190  | 4.190  | 03/17/2026 | 03/17/2026 | 04/08/2026 | 04/08/2026 |  | (476) | (476) | (476) |  | (477) | (477) |
|  |  |  |  |  | 4.630  | 4.630  | 02/20/2026 | 02/20/2026 | 08/20/2026 | 08/20/2026 |  | (686) | (686) | (686) |  | (690) | (690) |
| TDM | TDM | TDM | TDM | TDM | 3.750  | 3.750  | 12/12/2025 | 12/12/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> |  | (18) | (18) | (18) |  | (18) | (18) |
| UBS | UBS | UBS | UBS | UBS | 4.690  | 4.690  | 03/10/2026 | 03/10/2026 | 09/10/2026 | 09/10/2026 |  | (2208) | (2208) | (2208) |  | (2214) | (2214) |
|  |  |  |  |  | 4.760  | 4.760  | 01/08/2026 | 01/08/2026 | 04/08/2026 | 04/08/2026 |  | (1104) | (1104) | (1104) |  | (1116) | (1116) |
|  |  |  |  |  | 4.820  | 4.820  | 11/19/2025 | 11/19/2025 | 05/19/2026 | 05/19/2026 |  | (102) | (102) | (102) |  | (103) | (103) |
|  |  |  |  |  | 4.860  | 4.860  | 01/08/2026 | 01/08/2026 | 04/08/2026 | 04/08/2026 |  | (6301) | (6301) | (6301) |  | (6372) | (6372) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  |  | **$** | $**(43253)** | **(43253)** |
| **(j)** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $52,140 and cash of $2,140 have been pledged as collateral under the terms of master agreements as of March 31, 2026.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended March 31, 2026 was $(38394) at a weighted average interest rate of 4.968%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |  | Liability |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 06/2026 | 1 | 1 | (241) | (241) | $4 | 4 | 4 | 0 | 0 | 0 | $ | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond June Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond June Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond June Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond June Futures  | 06/2026 | 06/2026 | 6 | 6 | (681) | (681) | 15 | 15 | 15 | 0 | 0 | 0 |  | (2) |
| U.S. Treasury Long-Term Bond June Futures  | U.S. Treasury Long-Term Bond June Futures  | U.S. Treasury Long-Term Bond June Futures  | U.S. Treasury Long-Term Bond June Futures  | 06/2026 | 06/2026 | 4 | 4 | (456) | (456) | 15 | 15 | 15 | 0 | 0 | 0 |  | (1) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **34** | **34** | **$** | **0** | **0** | **0** | **$** | **(3)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(2)</sup> | Notional<br>Amount<sup>(2)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Asset | Asset | Asset | Liability |
| CDX.HY-46 5-Year Index  | CDX.HY-46 5-Year Index  | Quarterly | Quarterly | 06/20/2031 | 06/20/2031 | 1800 | 1800 | 67 | $ | 22 | 89 | 89 | 89 | 16 | 16 | 16 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Asset | Liability |
| Pay | Pay | 1.250% | Semi-Annual | 12/15/2026 | 12/15/2026 | $200 | 200 | $(1) | $ | (2) | $(3) | (3) | (3) | $0 | 0 | 0 | $0 |
| Pay | Pay | 1.550 | Semi-Annual | 01/20/2027 | 01/20/2027 | 1900 | 1900 | (4) |  | (42) | (46) | (46) | (46) | 0 | 0 | 0 | 0 |
| Pay | Pay | 0.500 | Semi-Annual | 06/16/2028 | 06/16/2028 | 140 | 140 | (5) |  | (5) | (10) | (10) | (10) | 0 | 0 | 0 | 0 |
| Pay | Pay | 3.750 | Annual | 12/20/2028 | 12/20/2028 | 4900 | 4900 | 45 |  | (24) | 21 | 21 | 21 | 3 | 3 | 3 | 0 |
| Pay | Pay | 1.700 | Semi-Annual | 01/12/2029 | 01/12/2029 | 2000 | 2000 | (6) |  | (118) | (124) | (124) | (124) | 1 | 1 | 1 | 0 |
| Pay | Pay | 4.250 | Annual | 06/19/2029 | 06/19/2029 | 7800 | 7800 | (33) |  | 202 | 169 | 169 | 169 | 7 | 7 | 7 | 0 |
| Pay | Pay | 4.500 | Annual | 06/17/2030 | 06/17/2030 | 10300 | 10300 | 8 |  | 390 | 398 | 398 | 398 | 11 | 11 | 11 | 0 |
| Pay | Pay | 3.250 | Annual | 06/18/2030 | 06/18/2030 | 7200 | 7200 | (69) |  | (75) | (144) | (144) | (144) | 7 | 7 | 7 | 0 |
| Receive | Receive | 1.370 | Semi-Annual | 07/19/2031 | 07/19/2031 | 100 | 100 | 0 |  | 13 | 13 | 13 | 13 | 0 | 0 | 0 | 0 |
| Receive | Receive | 1.360 | Semi-Annual | 07/20/2031 | 07/20/2031 | 100 | 100 | 0 |  | 13 | 13 | 13 | 13 | 0 | 0 | 0 | 0 |
| Receive | Receive | 3.500 | Annual | 12/20/2033 | 12/20/2033 | 1800 | 1800 | 54 |  | (22) | 32 | 32 | 32 | 0 | 0 | 0 | (2) |
| Receive | Receive | 3.000 | Semi-Annual | 12/19/2038 | 12/19/2038 | 5200 | 5200 | 13 |  | 618 | 631 | 631 | 631 | 0 | 0 | 0 | (10) |
| Receive | Receive | 2.000 | Semi-Annual | 01/15/2050 | 01/15/2050 | 100 | 100 | (1) |  | 39 | 38 | 38 | 38 | 0 | 0 | 0 | 0 |
| Receive | Receive | 1.625 | Semi-Annual | 01/16/2050 | 01/16/2050 | 400 | 400 | 0 |  | 174 | 174 | 174 | 174 | 1 | 1 | 1 | 0 |
| Receive | Receive | 1.750 | Semi-Annual | 01/22/2050 | 01/22/2050 | 700 | 700 | (4) |  | 295 | 291 | 291 | 291 | 2 | 2 | 2 | 0 |

---

------

<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.625 | Semi-Annual | 02/03/2050 | 02/03/2050 | 400 | 400 |  | (2) | (2) |  | 176 | 176 |  | 174 | 174 | 174 |  | 1 | 1 | 1 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.450 | Semi-Annual | 04/07/2051 | 04/07/2051 | 1300 | 1300 |  | (1) | (1) |  | 612 | 612 |  | 611 | 611 | 611 |  | 4 | 4 | 4 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 | 06/15/2052 | 5700 | 5700 |  | 994 | 994 |  | 1323 | 1323 |  | 2317 | 2317 | 2317 |  | 7 | 7 | 7 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 12/21/2052 | 12/21/2052 | 2800 | 2800 |  | 674 | 674 |  | 438 | 438 |  | 1112 | 1112 | 1112 |  | 8 | 8 | 8 |  | 0 |
|  |  |  |  |  |  |  |  |  | $ | $1662 | 1662 | 1662 | $4005 | 4005 | 4005 | $5667 | 5667 | 5667 | 5667 | $52 | 52 | 52 | $ | $(13) | (13) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**1729** | **1729** | **1729** | $**4027** | **4027** | **4027** | $**5756** | **5756** | **5756** | **5756** | $**68** | **68** | **68** | **$** | $**(13)** | **(13)** |
| **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** | **Cash of $1,123 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of March 31, 2026.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(l)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(3)</sup> | <u>Swap Agreements, at Value</u><sup>(3)</sup> | <u>Swap Agreements, at Value</u><sup>(3)</sup> | <u>Swap Agreements, at Value</u><sup>(3)</sup> |
| Counterparty | Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(2)</sup> | Notional<br>Amount<sup>(2)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| GST | GST | GST | ABX.HE.AA.6-1 Index « | ABX.HE.AA.6-1 Index « | ABX.HE.AA.6-1 Index « | ABX.HE.AA.6-1 Index « | 0.320% | 0.320% | Monthly | 07/25/2045 | 07/25/2045 | $ | 1307 | 1307 | (260) | (260) | (260) | 150 | 150 | 150 | 150 | 0 | 0 | $ | (110) |
|  |  |  | ABX.HE.PENAAA.7-1 Index « | ABX.HE.PENAAA.7-1 Index « | ABX.HE.PENAAA.7-1 Index « | ABX.HE.PENAAA.7-1 Index « | 0.090 | 0.090 | Monthly | 08/25/2037 | 08/25/2037 |  | 334 | 334 | (357) | (357) | (357) | 352 | 352 | 352 | 352 | 0 | 0 |  | (5) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(617)** | **(617)** | **(617)** | $**502** | **502** | **502** | **502** | $**0** | **0** | **$** | $**(115)** |
| **(m)** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** | **Securities with an aggregate market value of $296 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of March 31, 2026.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of March 31, 2026 in valuing the Fund's assets and liabilities**: |  |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 03/31/2026 | Fair Value<br>at 03/31/2026 | Fair Value<br>at 03/31/2026 | Fair Value<br>at 03/31/2026 | Fair Value<br>at 03/31/2026 |  |  |

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<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | 0 | $12001 | 12001 | $4625 | 4625 | $ | 16626 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 0 | 3544 | 3544 | 0 | 0 |  | 3544 |  |
| Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 11703 | 11703 | 3172 | 3172 |  | 14875 |  |
| Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 362 | 362 | 0 | 0 |  | 362 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 4900 | 4900 | 0 | 0 |  | 4900 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 98 | 98 | 0 | 0 |  | 98 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 23050 | 23050 | 51 | 51 |  | 23101 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 24946 | 24946 | 0 | 0 |  | 24946 |  |
| Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | 0 | 0 | 0 | 545 | 545 | 0 | 0 |  | 545 |  |
| Manufacturing House Sequential | Manufacturing House Sequential | Manufacturing House Sequential | Manufacturing House Sequential | 0 | 0 | 0 | 122 | 122 | 0 | 0 |  | 122 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 0 | 1557 | 1557 | 0 | 0 |  | 1557 |  |
| Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 1939 | 1939 | 1872 | 1872 |  | 3811 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Communication Services | Communication Services | Communication Services | Communication Services | 528 | 528 | 528 | 0 | 0 | 51 | 51 |  | 579 |  |
| Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | 0 | 0 | 0 | 0 | 0 | 17 | 17 |  | 17 |  |
| Financials | Financials | Financials | Financials | 1 | 1 | 1 | 489 | 489 | 0 | 0 |  | 490 |  |
| Health Care | Health Care | Health Care | Health Care | 0 | 0 | 0 | 0 | 0 | 3565 | 3565 |  | 3565 |  |
| Industrials | Industrials | Industrials | Industrials | 1 | 1 | 1 | 0 | 0 | 1863 | 1863 |  | 1864 |  |
| Real Estate | Real Estate | Real Estate | Real Estate | 0 | 0 | 0 | 0 | 0 | 32 | 32 |  | 32 |  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |  |
| Communication Services | Communication Services | Communication Services | Communication Services | 0 | 0 | 0 | 95 | 95 | 0 | 0 |  | 95 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 0 | 0 | 0 | 354 | 354 |  | 354 |  |
| Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 1351 | 1351 | 432 | 432 |  | 1783 |  |
| Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts |  |
| Real Estate | Real Estate | Real Estate | Real Estate | 370 | 370 | 370 | 0 | 0 | 0 | 0 |  | 370 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 345 | 345 | 0 | 0 |  | 345 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 199 | 199 | 0 | 0 |  | 199 |  |
|  |  |  |  | $900 | 900 | 900 | $87246 | 87246 | $16034 | 16034 | $ | 104180 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $6567 | 6567 | 6567 | $0 | 0 | $0 | 0 | $ | 6567 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | $7467 | 7467 | 7467 | $87246 | 87246 | $16034 | 16034 | $ | 110747 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $68 | 68 | $0 | 0 | $ | 68 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | (16) | (16) | 0 | 0 |  | (16) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 0 | 0 | (115) | (115) |  | (115) |  |
|  |  |  |  | $0 | 0 | 0 | $(16) | (16) | $(115) | (115) | $ | (131) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | $52 | 52 | $(115) | (115) | $ | (63) |  |
| Totals | Totals | Totals | Totals | $7467 | 7467 | 7467 | $87298 | 87298 | $15919 | 15919 | $ | 110684 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended March 31, 2026:** |
| Category and Subcategory | Beginning<br>Balance<br>at 06/30/2025 | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 03/31/2026 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>03/31/2026<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | 4753 | $(2360) | $ | 11 | $0 | $ | 145 | $1305 | 1305 | $0 | 0 | $4625 | $11 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance | 0 | (11) |  | 0 | 1 |  | 10 | 0 | 0 | 0 | 0 | 0 | 0 |
| Industrials | 2984 | (251) |  | 5 | 0 |  | 231 | 0 | 0 | 0 | 0 | 3172 | 162 |
| Non-Agency Mortgage-Backed Securities | 199 | 0 |  | 0 | 0 |  | (148) | 0 | 0 | 0 | 0 | 51 | (148) |
| Asset-Backed Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Other ABS | 1954 | 0 |  | 1 | (234) |  | 151 | 0 | 0 | 0 | 0 | 1872 | (55) |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services | 884 | (769) |  | 0 | 452 |  | (516) | 0 | 0 | 0 | 0 | 51 | 20 |
| Consumer Discretionary | 17 | 0 |  | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 17 | 0 |
| Health Care | 3660 | 0 |  | 0 | 0 |  | (95) | 0 | 0 | 0 | 0 | 3565 | (95) |
| Industrials | 1638 | 0 |  | 0 | 0 |  | 225 | 0 | 0 | 0 | 0 | 1863 | 225 |
| Real Estate | 2 | 0 |  | 0 | 0 |  | 30 | 0 | 0 | 0 | 0 | 32 | 30 |

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<br> Schedule of Investments PIMCO PCM Fund, Inc. (Cont.) March 31, 2026 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Warrants | Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Communication Services |  | 169 | 0 |  |  | (153) | 0 | 40 | (56) | 0 | 0 | 0 | 0 |  | 0 |
| Preferred Securities | Preferred Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Banking & Finance |  | 0 | 333 |  |  | 0 | 0 | 0 | 21 | 0 | 0 | 0 | 354 |  | 21 |
|  | Industrials |  | 453 | 28 |  |  | 0 | 0 | 0 | (49) | 0 | 0 | 0 | 432 |  | (49) |
|  |  | $16713 | 16713 | 1335 | $ | $ | $(3544) | $17 | $259 | $(51) | $0 | 0 | 0 | 16034 | $ | 122 |
| **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** |
| Over the counter | Over the counter | $(112) | (112) | 105 | $ | $ | $(75) | $0 | $33 | $(66) | $0 | 0 | 0 | (115) | $ | (9) |
| Totals | Totals | $16601 | 16601 | 1440 | $ | $ | $(3619) | $17 | $292 | $(117) | $0 | 0 | 0 | 15919 | $ | 113 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 03/31/2026 | Ending<br>Balance<br>at 03/31/2026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs |  | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $1981 | 1981 | 1981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.360 | 16.360 |  |  |
|  |  |  |  | 1010 | 1010 | 1010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 6.062 – 9.620 | 6.062 – 9.620 | 8.000 | 8.000 |
|  |  |  |  | 1634 | 1634 | 1634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 43.500 – 100.250 | 43.500 – 100.250 | 89.875 | 89.875 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
|  | Industrials | Industrials | Industrials | 3172 | 3172 | 3172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple / Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple / Discount Rate | X/% | 12.500/10.000 | 12.500/10.000 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 51 | 51 | 51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 10.000 | 10.000 |  |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
|  | Other ABS | Other ABS | Other ABS | 1872 | 1872 | 1872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 9.150 – 14.000 | 9.150 – 14.000 | 10.283 | 10.283 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
|  | Communication Services | Communication Services | Communication Services | 51 | 51 | 51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp; Liquidity Discount | &nbsp;&nbsp;&nbsp;&nbsp; Liquidity Discount |  | 12.000 | 12.000 |  |  |
|  | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | 17 | 17 | 17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple / Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple / Discount Rate | X/% | 0.500/20.750 | 0.500/20.750 |  |  |
|  | Health Care | Health Care | Health Care | 3565 | 3565 | 3565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.360 | 16.360 |  |  |
|  | Industrials | Industrials | Industrials | 1786 | 1786 | 1786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple / Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple / Discount Rate | X/% | 12.500/10.000 | 12.500/10.000 |  |  |
|  |  |  |  | 77 | 77 | 77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 0.594 – 4.250 | 0.594 – 4.250 | 3.991 | 3.991 |
|  | Real Estate | Real Estate | Real Estate | 32 | 32 | 32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques |  |  |  |  |  |  |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
|  | Banking & Finance | Banking & Finance | Banking & Finance | 354 | 354 | 354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 11.900 | 11.900 |  |  |
|  | Industrials | Industrials | Industrials | 31 | 31 | 31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; Revenue/ EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; Revenue/ EBITDA Multiple | X | 4.625/18.000 | 4.625/18.000 |  |  |
|  |  |  |  | 401 | 401 | 401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 19.155 | 19.155 |  |  |
| **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** |
| Over the counter | Over the counter | Over the counter | Over the counter | (115) | (115) | (115) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 91.500 – 98.500 | 91.500 – 98.500 | 91.790 | 91.790 |
| Total | Total | Total | Total | $15919 | 15919 | 15919 |  |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at March 31, 2026 may be due to an investment no longer held or categorized as Level 3 at period end. |

---

------

Notes to Financial Statements

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

**1. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS**

**(a) Investment Valuation Policies** The NAV of the Fund's shares, or each of its share classes, as applicable, is determined by dividing the total value of portfolio investments and other assets attributable to the Fund or class, less any liabilities, as applicable, by the total number of shares outstanding.

On each day that the New York Stock Exchange ("NYSE") is open, the Fund's shares are ordinarily valued as of the close of regular trading (normally 4:00 p.m., Eastern time) ("NYSE Close"). Information that becomes known to the Fund or its agents after the time as of which NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV determined earlier that day. If regular trading on the NYSE closes earlier than scheduled, the Fund may calculate its NAV as of the earlier closing time or calculate its NAV as of the NYSE Close for that day. The Fund generally does not calculate its NAV on days on which the NYSE is not open for business. If the NYSE is closed on a day it would normally be open for business, the Fund may calculate its NAV as of the NYSE Close for such day or such other time that the Fund may determine.

For purposes of calculating NAV, portfolio securities and other assets for which market quotations are readily available are valued at market value. A market quotation is readily available only when that quotation is a quoted price (unadjusted) in active markets for identical investments that the Fund can access at the measurement date, provided that a quotation will not be readily available if it is not reliable. Market value is generally determined on the basis of official closing prices or the last reported sales prices. The Fund will normally use pricing data for domestic equity securities received shortly after the NYSE Close and do not normally take into account trading, clearances or settlements that take place after the NYSE Close. A foreign (non-U.S.) equity security traded on a foreign exchange or on more than one exchange is typically valued using pricing information from the exchange considered by Pacific Investment Management Company LLC ("PIMCO") to be the primary exchange. If market value pricing is used, a foreign (non-U.S.) equity security will be valued as of the close of trading on the foreign exchange, or the NYSE Close if the NYSE Close occurs before the end of trading on the foreign exchange.

Investments for which market quotations are not readily available are valued at fair value as determined in good faith pursuant to Rule 2a-5 under the Investment Company Act. As a general principle, the fair value of a security or other asset is the price 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. Pursuant to Rule 2a-5, the Board of Trustees has designated PIMCO as the valuation designee ("Valuation Designee") for the Fund to perform the fair value determination relating to all Fund investments. PIMCO may carry out its designated responsibilities as Valuation Designee through various teams and committees. The Valuation Designee's policies and procedures govern the Valuation Designee's selection and application of methodologies for determining and calculating the fair value of Fund investments. The Valuation Designee may value Fund portfolio securities for which market quotations are not readily available and other Fund assets utilizing inputs from pricing services, quotation reporting systems, valuation agents and other third-party sources (together, "Pricing Sources").

Domestic and foreign (non-U.S.) fixed income securities, non-exchange traded derivatives and equity options are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from Pricing Sources may be based on, among other things, information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. Common stocks, exchange-traded funds ("ETFs"), exchange-traded notes and financial derivative instruments, such as futures contracts, rights and warrants, or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. Exchange-traded options, except equity options, futures and options on futures, are valued at the settlement price determined by the relevant exchange. Swap agreements and swaptions are valued on the basis of bid quotes obtained from brokers and dealers or market-based prices supplied by Pricing Sources. With respect to any portion of the Fund's assets that are invested in one or more open-end management investment companies (other thanETFs), the Fund's NAV will be calculated based on the NAVs of such investments.Open-end management investment companies may include affiliated funds.

If a foreign (non-U.S.) equity security's value has materially changed after the close of the security's primary exchange or principal market but before the NYSE Close, the security may be valued at fair value. Foreign (non-U.S.) equity securities that do not trade when the NYSE is open are also valued at fair value. With respect to foreign (non-U.S.) equity securities, the Fund may determine the fair value of investments based on information provided by Pricing Sources, which may recommend fair value or adjustments with reference to other securities, indexes or assets. In considering whether fair valuation is required and in determining fair values, the Valuation Designee may, among other things, consider significant events (which may be considered to include changes in the value of U.S. securities or securities indexes) that occur after the close of the relevant market and before the NYSE Close. The Fund may utilize modeling tools provided by third-party vendors to determine fair values of foreign (non-U.S.) securities. For these purposes, unless otherwise determined by the Valuation Designee, any movement in the applicable reference index or instrument ("zero trigger") between the earlier close of the applicable foreign market and the NYSE Close may be deemed to be a significant event, prompting the application of the pricing model (effectively resulting in daily fair valuations). Foreign exchanges may permit trading in foreign (non-U.S.) equity securities on days when the Fund is not open for business, which may result in the Fund's portfolio investments being affected when shareholders are unable to buy or sell shares.

Investments valued in currencies other than the U.S. dollar are converted to the U.S. dollar using exchange rates obtained from Pricing Sources. As a result, the value of such investments and, in turn, the NAV of the Fund's shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the Fund is not open for business. As a result, to the extent that the Fund holds foreign (non-U.S.) investments, the value of those investments may change at times when shareholders are unable to buy or sell shares and the value of such investments will be reflected in the Fund's next calculated NAV. An alternative exchange rate may be obtained from a Pricing Source or an exchange rate may otherwise be determined if believed to be more reflective of the rates at which the Fund may transact.

Fair valuation may require subjective determinations about the value of a security. While the Fund's and Valuation Designee's policies and procedures are intended to result in a calculation of the Fund's NAV that fairly reflects security values as of the time of pricing, the Fund cannot ensure that fair values accurately reflect the price that the Fund could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by the Fund may differ from the value that would be realized if the securities were sold.

**(b) Fair Value Hierarchy** U.S. GAAP describes fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Level 1, 2 or 3). The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

• Level 1 — Quoted prices (unadjusted) in active markets or exchanges for identical assets and liabilities.

------

Notes to Financial Statements(Cont.)

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

• Level 2 — Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs.

• Level 3 — Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Valuation Designee that are used in determining the fair value of investments.

Assets or liabilities categorized as Level 2 or 3 as of period end have been transferred between Levels 2 and 3 since the prior period due to changes in the method utilized in valuing the investments. Transfers from Level 2 to Level 3 are a result of a change, in the normal course of business, from the use of methods used by Pricing Sources (Level 2) to the use of a Broker Quote or valuation technique which utilizes significant unobservable inputs due to an absence of current or reliable market-based data (Level 3). In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the Notes to Schedule of Investments for the Fund.

For fair valuations using significant unobservable inputs, U.S. GAAP requires a reconciliation of the beginning to ending balances for reported fair values that presents changes attributable to realized gain (loss), unrealized appreciation (depreciation), purchases and sales, accrued discounts (premiums), and transfers into and out of the Level 3 category during the period. The end of period value is used for the transfers between fair value Levels of the Fund's assets and liabilities. Additionally, U.S. GAAP requires quantitative information regarding the significant unobservable inputs used in the determination of fair value of assets or liabilities categorized as Level 3 in the fair value hierarchy. In accordance with the requirements of U.S. GAAP, a fair value hierarchy and, if material, a Level 3 reconciliation and details of significant unobservable inputs, have been included in the Notes to Schedule of Investments for the Fund.

**(c) Valuation Techniques and the Fair Value Hierarchy**

**Level 1, Level 2 and Level 3 trading assets and trading liabilities, at fair value** The valuation methods (or "techniques") and significant inputs used in determining the fair values of portfolio securities or other assets and liabilities categorized as Level 1, Level 2 and Level 3 of the fair value hierarchy are as follows:

Common stocks, ETFs, exchange-traded notes and financial derivative instruments, such as futures contracts, rights and warrants, or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Investments in registered open-end investment companies (other than ETFs) will be valued based upon the NAVs of such investments and are categorized as Level 1 of the fair value hierarchy. Investments in unregistered open-end investment companies will be calculated based upon the NAVs of such investments and are considered Level 1 provided that the NAVs are observable, calculated daily and are the value at which both purchases and sales will be conducted.

Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign issues, bank loans, convertible preferred securities, non-U.S. bonds and short-term debt instruments (such as commercial paper, time deposits and certificates of deposit) are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The Pricing Sources' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Fixed income securities purchased on a delayed-delivery basis or as a repurchase commitment in a sale-buyback transaction are marked to market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.

Mortgage-related and asset-backed securities are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows and market-based yield spreads for each tranche, and incorporate deal collateral performance, as available. Mortgage-related and asset-backed securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the NYSE Close. These securities are valued using Pricing Sources that consider the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are also categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain exchange traded futures and options to account for market movement between the exchange settlement and the NYSE Close. These securities are valued using quotes obtained from a quotation reporting system, established market makers or Pricing Sources. Financial derivatives using these valuation adjustments are categorized as Level 2 of the fair value hierarchy.

Equity exchange-traded options and over the counter financial derivative instruments, such as forward foreign currency contracts and options contracts derive their value from underlying asset prices, indexes, reference rates and other inputs or a combination of these factors. These contracts are normally valued on the basis of quotes obtained from a quotation reporting system, established market makers or Pricing Sources (normally determined as of the NYSE Close). Depending on the product and the terms of the transaction, financial derivative instruments can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as quoted prices, issuer details, indexes, bid/ask spreads, interest rates, implied volatilities, yield curves, dividends and exchange rates. Financial derivative instruments that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Centrally cleared swaps and over the counter swaps derive their value from underlying asset prices, indexes, reference rates and other inputs or a combination of these factors. They are valued using a broker-dealer bid quotation or on market-based prices provided by Pricing Sources (normally determined as of the NYSE Close). Centrally cleared swaps and over the counter swaps can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as the overnight index swap rate, interest rates, yield curves and credit spreads. These securities are categorized as Level 2 of the fair value hierarchy.

------

Notes to Financial Statements(Cont.)

If third-party evaluated vendor pricing is not available or not deemed to be indicative of fair value, the Manager may elect to obtain Broker Quotes directly from the broker-dealer or passed through from a third-party vendor. In the event that fair value is based upon a single sourced Broker Quote, these securities are categorized as Level 3 of the fair value hierarchy. Broker Quotes are typically received from established market participants. Although independently received, the Manager does not have the transparency to view the underlying inputs which support the market quotation. Significant changes in the Broker Quote would have direct and proportional changes in the fair value of the security.

Reference instrument valuation estimates fair value by utilizing the correlation of the security to one or more broad-based securities, market indexes and/or other financial instruments, whose pricing information is readily available. Unobservable inputs may include those used in algorithms based on percentage change in the reference instruments and/or weights of each reference instrument. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source or input of the reference instrument.

Expected recovery valuation estimates that the fair value of an existing asset can be recovered, net of any liability. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

The Discounted Cash Flow model is based on future cash flows generated by the investment and may be normalized based on expected investment performance. Future cash flows are discounted to present value using an appropriate rate of return, typically calibrated to the initial transaction date and adjusted based on Capital Asset Pricing Model and/or other market-based inputs. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

The Comparable Companies model is based on application of valuation multiples from publicly traded comparable companies to the financials of the subject company. Adjustments may be made to the market-derived valuation multiples based on differences between the comparable companies and the subject company. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

Short-term debt instruments (such as commercial paper, time deposits and certificates of deposit) having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price.

When a fair valuation method is applied by PIMCO that uses significant unobservable inputs, investments will be priced by a method that the Valuation Designee believes reflects fair value and are categorized as Level 3 of the fair value hierarchy.

**2. FEDERAL INCOME TAX MATTERS**

The Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (the "Code") and distribute all of its taxable income and net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made.

The Fund may be subject to local withholding taxes, including those imposed on realized capital gains. Any applicable foreign capital gains tax is accrued daily based upon net unrealized gains, and may be payable following the sale of any applicable investments.

In accordance with U.S. GAAP, the Manager has reviewed the Fund's tax positions for all open tax years. As of March 31, 2026, the Fund has recorded no liability for net unrecognized tax benefits relating to uncertain income tax positions it has taken or expects to take in future tax returns.

The Fund files U.S. federal, state and local tax returns as required. The Fund's tax returns are subject to examination by relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return but which can be extended to six years in certain circumstances. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.

**3. INVESTMENTS IN AFFILIATES**

The Fund may invest in the PIMCO Short Asset Portfolio and the PIMCO Short-Term Floating NAV Portfolio III ("Central Funds") to the extent permitted by the Act, rules thereunder or exemptive relief therefrom. The Central Funds are registered investment companies created for use solely by the series of the Trust and other series of registered investment companies advised by the Adviser, in connection with their cash management activities. The main investments of the Central Funds are money market and short maturity fixed income instruments. The Central Funds may incur expenses related to their investment activities, but do not pay Investment Advisory Fees or Supervisory and Administrative Fees to the Adviser. The Central Funds are considered to be affiliated with the Fund.A copy of each affiliate fund's shareholder report is available at the U.S Securities and Exchange Commission ("SEC") website at www.sec.gov, on the Fund's website at www.pimco.com, or upon request, as applicable.The table below shows the Fund's transactions in and earnings from investments in the affiliated funds for the period endedMarch 31, 2026 (amounts in thousands<sup>†</sup>):

**Investment in PIMCO Short-Term Floating NAV Portfolio III**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Market Value<br>06/30/2025** | **Purchases at<br>Cost** | **Proceeds from<br>Sales** | **Net<br>Realized<br>Gain (Loss)** | **Change in<br>Unrealized<br>Appreciation<br>(Depreciation)** | **Market Value<br>03/31/2026** | **Dividend<br>Income**<sup>(1)</sup> | **Realized Net<br>Capital<br>Gain<br>Distributions**<sup>(1)</sup> |
| $7137 | $26329 | $(26900) | $7 | $(6) | $6567 | $130 | $0 |

---

<sup>†</sup> A zero balance may reflect actual amounts rounding to less than one thousand.

<sup>(1)</sup> The tax characterization of distributions is determined in accordance with Federal income tax regulations and may contain a return of capital. The actual tax characterization of distributions received is determined at the end of the fiscal year of the affiliated fund.

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Glossary: (abbreviations that may be used in the preceding statements)** | **Glossary: (abbreviations that may be used in the preceding statements)** | **Glossary: (abbreviations that may be used in the preceding statements)** | **Glossary: (abbreviations that may be used in the preceding statements)** |  | (Unaudited) |
| **Counterparty Abbreviations:** | **Counterparty Abbreviations:** |  |  |  |  |
| **BNY** | Bank of New York Mellon | **DBL** | Deutsche Bank AG London | **MZF** | Mizuho Securities USA LLC |
| **BPS** | BNP Paribas S.A. | **DEU** | Deutsche Bank Securities, Inc. | **RTA** | RBC (Barbados) Trading Bank Corp. |
| **BRC** | Barclays Bank PLC | **GLM** | Goldman Sachs Bank USA | **SOG** | Societe Generale Paris |
| **BYR** | The Bank of Nova Scotia - Toronto | **GST** | Goldman Sachs International | **TDM** | TD Securities (USA) LLC |
| **CEW** | Canadian Imperial Bank of Commerce World Markets | **IND** | Crédit Agricole Corporate and Investment Bank <br> S.A. | **UBS** | UBS Securities LLC |
| **Currency Abbreviations:** | **Currency Abbreviations:** |  |  |  |  |
| **USD (or $)** | United States Dollar |  |  |  |  |
| **Index/Spread Abbreviations:** | **Index/Spread Abbreviations:** |  |  |  |  |
| **ABX.HE** | Asset-Backed Securities Index - Home Equity | **PENAAA** | Penultimate AAA Sub-Index | **TSFR1M** | Term SOFR 1-Month |
| **CDX.HY** | Credit Derivatives Index - High Yield | **SOFR** | Secured Overnight Financing Rate | **TSFR3M** | Term SOFR 3-Month |
| **Other Abbreviations:** | **Other Abbreviations:** |  |  |  |  |
| **ABS** | Asset-Backed Security | **OIS** | Overnight Index Swap | **TBA** | To-Be-Announced |
| **ALT** | Alternate Loan Trust | **PIK** | Payment-in-Kind | **TBD** | To-Be-Determined |
| **CLO** | Collateralized Loan Obligation | **REMIC** | Real Estate Mortgage Investment Conduit | **TBD%** | Interest rate to be determined when loan <br> settles or at the time of funding |
| **EBITDA** | Earnings before Interest, Taxes, Depreciation and Amoritization |  |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PCM Fund, Inc.

- **b. Investment Company Act file number:** 811-07816

- **c. CIK number of Registrant:** 0000908187

- **d. LEI of Registrant:** FZICY1WZ0I8IZ2XD3R19

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

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (844) 337-4626

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

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $121133618.44

**Total Liabilities:** $50789227.62

**Net Assets:** $70344390.82

**Cash Not Reported:** $2348643.70

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 127.816500 | **1-Year:** 564.059700 | **5-Year:** 1894.917100 | **10-Year:** 2229.906600 | **30-Year:** 69.188800

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

- **3-Month:** 5490.982400 | **1-Year:** 4397.352500 | **5-Year:** 18581.685900 | **10-Year:** 6550.301000 | **30-Year:** 311.442600

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.05%               | 2.62%                | -5.34%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7018.90                 | $-368391.20                                |
| Month 2  | $72815.70                | $-534913.38                                |
| Month 3  | $119466.65               | $-1145839.05                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COUNTRYWIDE ALT LN TRUST 2005-1CB                                       | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 1CB 2A2          | CUSIP: 12667F2R5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    369936 | PA      | $147800.22    | 0.21%             | 2035-03-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOHO TRUST 2021-SOHO                                                    | SOHO TRUST 2021 SOHO SOHO 2021 SOHO A 144A                 | CUSIP: 83410JAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $373204.08    | 0.53%             | 2038-08-10      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| AIM AVIATION FINANCE LIMITED 2015-1A                                    | DCAL AVIATION FINANCE LIMITED DCAL 2015 1A A1 144A         | CUSIP: 001406AA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    432492 | PA      | $424429.20    | 0.60%             | 2040-02-15      | Variable      | 6.21%                 | No            |                  2 | On Loan: No      |
| EUC (MODENA BUYER LLC)                                                  | MODENA BUYER LLC TERM LOAN                                 | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    493750 | PA      | $444853.94    | 0.63%             | 2031-07-01      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2005-1                                           | COUNTRYWIDE HOME LOANS CWHL 2005 1 1A1                     | CUSIP: 12669GRM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     51325 | PA      | $44852.36     | 0.06%             | 2035-03-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| DBGS 2021-W52 MORTGAGE TRUST                                            | DBGS MORTGAGE TRUST DBGS 2021 W52 XCP 144A                 | CUSIP: 23308LAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        | 147870000 | PA      | $162.66       | 0.00%             | 2039-10-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ENTERTAINMENT PARTNERS (EP PURCHASER LLC)                               | EP PURCHASER LLC 2023 TERM LOAN                            | CUSIP: 26881KAD6<br>LEI: 549300GGODRVQG1GH476 | Long             | LON              | CORP              | US        |     85707 | PA      | $54584.33     | 0.08%             | 2028-11-06      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| IHEARTMEDIA INC                                                         | IHEARTMEDIA INC   CLASS B COMMON STOCK                     | CUSIP: 45174J608<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20009 | NS      | $51415.13     | 0.07%             |  |  |  | No            |                  3 | On Loan: No      |
| EQUINITI (ARMOR HOLDCO INC)                                             | ARMOR HOLDCO INC COMPANY GUAR 144A 11/29 8.5               | CUSIP: 04625PAA9<br>LEI: 254900X6HLK0YPTHHF09 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182833.44    | 0.26%             | 2029-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2007-2                                     | BANC OF AMERICA FUNDING CORPOR BAFC 2007 2 TA1B            | CUSIP: 05951GAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23496 | PA      | $26783.67     | 0.04%             | 2037-03-25      | Variable      | 5.81%                 | No            |                  2 | On Loan: No      |
| WESTMORELAND MINING HOLDINGS LLC                                        | WESTMORELAND COAL CO PIK TERM LOAN                         | CUSIP: 96106JAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    263245 | PA      | $114511.55    | 0.16%             | 2029-03-15      | Fixed         | 7.92%                 | No            |                  3 | On Loan: No      |
| WASHINGTON MUTUAL ALTERNATIVE MORTGAGE PASS-THROUGH CERTIFICATES 2006-6 | WASHINGTON MUTUAL MORTGAGE PAS WMALT 2006 6 1CB1           | CUSIP: 93935GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    506317 | PA      | $448006.24    | 0.64%             | 2036-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -394331 | PA      | $-397731.01   | -0.57%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -175100 | PA      | $-177224.06   | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP                               | JETBLUE AIRWAYS/LOYALTY SR SECURED 144A 09/31 9.875        | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $378567.34    | 0.54%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -694000 | PA      | $-695637.49   | -0.99%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESECURITIZATION TRUST 2014-R3                           | MORGAN STANLEY REREMIC TRUST MSRR 2014 R3 3B 144A          | CUSIP: 61763PAU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1443627 | PA      | $1248323.18   | 1.77%             | 2037-03-26      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | WEST MARINE NEW WARRANT WARRWM911                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |       357 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| FREDDIE MAC REMICS 4988                                                 | FREDDIE MAC FHR 4988 LI                                    | CUSIP: 3137FUQK3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3437406 | PA      | $796531.12    | 1.13%             | 2050-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHL MORTGAGE PASS-THROUGH TRUST 2006-TM1                                | COUNTRYWIDE HOME LOANS CWHL 2006 TM1 A1                    | CUSIP: 126694U97<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168939 | PA      | $147438.47    | 0.21%             | 2046-03-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE INVESTORS 2003-A4                                | MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A4 3A             | CUSIP: 589929W87<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5193 | PA      | $5131.71      | 0.01%             | 2033-05-25      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP INC                                                         | NEW UNITY COMMON STOCKK                                    | CUSIP: 958WDX907<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |     52170 | NS      | $489354.60    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 08Apr26                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -265838 | PA      | $-266301.61   | -0.38%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -308000 | PA      | $-311736.21   | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| REALPAGE INC                                                            | REALPAGE, INC. 1ST LIEN TERM LOAN                          | CUSIP: 75605VAD4<br>LEI: 5493001RSFZX4122A604 | Long             | LON              | CORP              | US        |    314242 | PA      | $301759.98    | 0.43%             | 2028-04-24      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| GLGU-2021-1A                                                            | MAN GLG US CLO 2021 1 LTD GLGU 2021 1A SUB 144A            | CUSIP: 56166XAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $213187.40    | 0.30%             | 2034-07-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-AMC1                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A1 144A      | CUSIP: 17311BAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    925242 | PA      | $520697.60    | 0.74%             | 2036-12-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -684073 | PA      | $-685696.92   | -0.97%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC MILITARY HOUSING BONDS RESEC TRUST 2015-R1                  | FREDDIE MAC MILITARY HOUSING B FMMHR 2015 R1 XA1 144A      | CUSIP: 35563CAB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5720108 | PA      | $341511.01    | 0.49%             | 2055-11-25      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| YAHOO (AKA: AP CORE HOLDINGS II LLC)                                    | AP CORE HOLDINGS II LLC HIGH YIELD TERM LOAN B2            | CUSIP: 00187GAD1<br>LEI: 549300PND8ZZ4RWYRZ56 | Long             | LON              | CORP              | US        |   1130000 | PA      | $1104399.85   | 1.57%             | 2027-09-01      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                      | NEWFOLD DIGITAL HLDGS GRP INC. 2025 NEW MONEY TRANCHE A TL | CUSIP: 65131PAB5<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |     20704 | PA      | $15734.83     | 0.02%             | 2029-04-30      | Floating      | 9.42%                 | No            |                  3 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -143404 | PA      | $-143744.46   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 10Sep26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -733150 | PA      | $-735251.29   | -1.05%            |  |  |  | No            |                  2 | On Loan: No      |
| BEIGNET INVESTOR LLC                                                    | BEIGNET INVESTOR LLC SR SECURED 144A 05/49 6.581           | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    960000 | PA      | $987773.23    | 1.40%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                                                            | PERATON CORP TERM LOAN B                                   | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   1260036 | PA      | $1078382.56   | 1.53%             | 2028-02-01      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2007-A1                                        | JP MORGAN MORTGAGE TRUST JPMMT 2007 A1 4A1                 | CUSIP: 46630GAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5139 | PA      | $5175.14      | 0.01%             | 2035-07-25      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 08Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -900791 | PA      | $-910883.90   | -1.29%            |  |  |  | No            |                  2 | On Loan: No      |
| IVANTI SOFTWARE INC                                                     | IVANTI SOFTWARE INC 2025 1ST LIEN TERM LOAN                | CUSIP: 46583DAH2<br>LEI: 254900GHAXAYKWDX9F60 | Long             | LON              | CORP              | US        |   1159976 | PA      | $787246.40    | 1.12%             | 2029-06-01      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -295298 | PA      | $-295607.85   | -0.42%            |  |  |  | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                                                     | INSULET CORPORATION SR UNSECURED 144A 04/33 6.5            | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102143.70    | 0.15%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG 25-2A                                                  | CRAFT LTD CRFT 2025 2A CLN 144A                            | CUSIP: ACI2Y11S9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |    500000 | PA      | $502512.00    | 0.71%             | 2035-01-21      | Floating      | 10.92%                | No            |                  3 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 04Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -288765 | PA      | $-289675.05   | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.50000 12/20/23-10Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $32170.46     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DISH NETWORK CORPORATION                                                | DISH NETWORK CORP SR SECURED 144A 11/27 11.75              | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    800000 | PA      | $824632.00    | 1.17%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DRYDEN 123 CLO LTD 2025-123A                                            | DRYDEN SENIOR LOAN FUND DRSLF 2025 123A SUB 144A           | CUSIP: 26253PAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $457682.72    | 0.65%             | 2038-04-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PROPERTIES LP / RHP FINANCE CORP                              | RHP HOTEL PPTY/RHP FINAN COMPANY GUAR 144A 06/33 6.5       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101898.60    | 0.14%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.6* 7/16/23-27Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $173941.36    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP/DEUTSCHE BK COMM MTGE 2006-CD3                                | CD COMMERCIAL MORTGAGE TRUST CD 2006 CD3 AJ                | CUSIP: 14986DAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     43363 | PA      | $40982.05     | 0.06%             | 2048-10-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| MLCC MORTGAGE INVESTORS INC 2004-E                                      | MLCC MORTGAGE INVESTORS INC MLCC 2004 E A1                 | CUSIP: 59020UJP1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19805 | PA      | $17357.97     | 0.02%             | 2029-11-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| WESTMET GROUP HOLDINGS LLC                                              | EQTYWM927 WESTMORELAND MINING                              | CUSIP: 952XGJII0<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16748 | NS      | $71179.51     | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE8                                   | MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A2C               | CUSIP: 61750SAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7628440 | PA      | $3328504.97   | 4.73%             | 2036-10-25      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                       | U S RENAL CARE INC 2025 DELAYED DRAW TERM LOAN             | CUSIP: BA000SL28<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |     43750 | PA      | $44571.72     | 0.06%             | 2030-09-25      | Floating      | 9.68%                 | No            |                  3 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 13May26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -98823 | PA      | $-99360.50    | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                       | US RENAL CARE INC SR SECURED 144A 06/28 10.625             | CUSIP: 90355YAA5<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |    249200 | PA      | $208082.00    | 0.30%             | 2028-06-28      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2004-9                                         | BEAR STEARNS ALT A TRUST BALTA 2004 9 1A1                  | CUSIP: 07386HKY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50563 | PA      | $49555.73     | 0.07%             | 2034-09-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| MERCURY AGGREGATOR LP                                                   | MERCURY AGGREGATOR L P TRANCHE 2 TERM LOAN                 | CUSIP: BA000FDW9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    136470 | PA      | $0.00         | 0.00%             | 2027-04-03      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 22Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -746532 | PA      | $-753929.01   | -1.07%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2006-HYB5                                        | COUNTRYWIDE HOME LOANS CWHL 2006 HYB5 2A1                  | CUSIP: 170256AD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     44271 | PA      | $39839.96     | 0.06%             | 2036-09-20      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| WAMU MTGE P/T CERT 2007-HY2                                             | WAMU MORTGAGE PASS THROUGH CER WAMU 2007 HY2 1A1           | CUSIP: 92926UAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    129239 | PA      | $119514.79    | 0.17%             | 2036-12-25      | Floating      | 4.11%                 | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTG SEC 2003-1                                          | CREDIT SUISSE FIRST BOSTON MOR CSFB 2003 1 1A1             | CUSIP: 2254W0FJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     21004 | PA      | $21705.82     | 0.03%             | 2033-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 22Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -751894 | PA      | $-759344.64   | -1.08%            |  |  |  | No            |                  2 | On Loan: No      |
| AMSURG LLC                                                              | ENVISION HEALTHCARE CORPORTION 2023 LAST OUT TERM LOAN     | CUSIP: 949ABFII9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1842041 | PA      | $1897301.91   | 2.70%             | 2028-09-15      | Fixed         | 11.64%                | No            |                  3 | On Loan: No      |
| US RENAL CARE INC                                                       | U S RENAL CARE INC 2025 TERM LOAN                          | CUSIP: BA000SL02<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |    350000 | PA      | $356573.74    | 0.51%             | 2030-09-25      | Floating      | 9.67%                 | No            |                  3 | On Loan: No      |
| SVB FINANCIAL TRUST                                                     | SVB FINL TR COMMON STOCK UNIT                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       583 | NS      | $275467.50    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 12/20/23-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $12271.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICES INC                                           | PRIME HEALTHCARE SERVICE SR SECURED 144A 09/29 9.375       | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $518847.50    | 0.74%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -124378 | PA      | $-124673.19   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2022-RRI                   | NATIXIS COMMERCIAL MORTGAGE SE NCMS 2022 RRI E 144A        | CUSIP: 63875JAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    173677 | PA      | $174048.66    | 0.25%             | 2035-03-15      | Floating      | 8.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | US 10YR ULTRA FUT JUN26 XCBT 20260618                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -6 | NC      | $16075.26     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2007-24                                   | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2007 24 A1            | CUSIP: 02151GAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3285425 | PA      | $647988.90    | 0.92%             | 2037-10-25      | Floating      | 4.34%                 | No            |                  2 | On Loan: No      |
| INCORA INTERMEDIATE II LLC                                              | INCORA INTERMEDIATE II SR SECURED 144A 01/30 VAR           | CUSIP: 45338XAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1545227 | PA      | $1545227.00   | 2.20%             | 2030-01-31      | Fixed         | 11.68%                | No            |                  3 | On Loan: No      |
| REGAL TRUST IV 1999-1                                                   | REGAL TRUST IV REGAL 1999 1 A 144A                         | CUSIP: 758842AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      5361 | PA      | $5156.33      | 0.01%             | 2031-09-29      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| NUVEEN CHURCHILL DIRECT LENDING CORP                                    | NUVEEN CHURCHILL DIRECT SR UNSECURED 03/30 6.65            | CUSIP: 67090SAA6<br>LEI: 254900X3ULEP6XX7HG39 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993630.92    | 1.41%             | 2030-03-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| US LBM (LBM ACQUISITION LLC)                                            | LBM ACQUISITION LLC 2024 INCREMENTAL TERM LOAN B           | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |    374048 | PA      | $301858.78    | 0.43%             | 2031-06-06      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON ALT MTG SEC 2005-AA6                                      | FIRST HORIZON ALTERNATIVE MORT FHAMS 2005 AA6 2A2          | CUSIP: 32051GPZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1030 | PA      | $42.87        | 0.00%             | 2035-08-25      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| CENGAGE LEARNING INC                                                    | CENGAGE LEARNING INC 2026 TERM LOAN B                      | CUSIP: 15131YAR6<br>LEI: 549300BYGM0FWUSVXJ88 | Long             | LON              | CORP              | US        |    197010 | PA      | $193397.82    | 0.27%             | 2031-03-24      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $216359.88    | 0.31%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-64CB                                 | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 64CB 2A1         | CUSIP: 12668AA62<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    157693 | PA      | $21175.07     | 0.03%             | 2035-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE TRUST                                            | DIVERSIFIED HEALTHCARE T SR SECURED 144A 10/30 7.25        | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100984.30    | 0.14%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I 2007-T25                                       | MORGAN STANLEY CAPITAL I TRUST MSC 2007 T25 X 144A         | CUSIP: 61751XAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     38833 | PA      | $0.39         | 0.00%             | 2049-11-12      | Variable      | 0.65%                 | No            |                  2 | On Loan: No      |
| INDYMAC RESIDENTIAL ASSET BACKED 2007-A                                 | INDYMAC RESIDENTIAL ASSET BACK INABS 2007 A 2A3            | CUSIP: 43710BAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2765592 | PA      | $1883563.39   | 2.68%             | 2037-04-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 26May26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -671752 | PA      | $-672487.13   | -0.96%            |  |  |  | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                                                   | TOPAZ SOLAR FARMS LLC SR SECURED 144A 09/39 4.875          | CUSIP: 89054XAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    221559 | PA      | $200510.90    | 0.29%             | 2039-09-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TRUST 2005-16                                  | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 16 3A1A          | CUSIP: 41161PYZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    354154 | PA      | $226497.88    | 0.32%             | 2036-01-19      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| MARINE ONE HOLDCO LLC                                                   | WEST MARINE NEW COMMON STOCK EQTYWM9A9                     | CUSIP: 902LVFII8<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2750 | NS      | $17373.86     | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 10Sep26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1474730 | PA      | $-1478957.14  | -2.10%            |  |  |  | No            |                  2 | On Loan: No      |
| 245 PARK AVENUE TRUST 2017-245P                                         | PARK AVENUE TRUST PRKAV 2017 245P E 144A                   | CUSIP: 90187LAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    655000 | PA      | $633031.17    | 0.90%             | 2037-06-05      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| MLCC MORTGAGE INVESTORS INC 2005-B                                      | MLCC MORTGAGE INVESTORS INC MLCC 2005 B A1                 | CUSIP: 59020UWU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6611 | PA      | $6189.90      | 0.01%             | 2030-07-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| PEOPLE'S FINANCE REALTY MTGE SEC 2006-1                                 | PEOPLE S FINANCIAL REALTY MORT PFRMS 2006 1 1A2            | CUSIP: 71103XAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5502527 | PA      | $952625.57    | 1.35%             | 2036-09-25      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| LEHMAN MORTGAGE TRUST 2006-2                                            | LEHMAN MORTGAGE TRUST LMT 2006 2 1A1                       | CUSIP: 52520MGG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    135667 | PA      | $82565.48     | 0.12%             | 2036-04-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -593050 | PA      | $-594402.85   | -0.84%            |  |  |  | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2007-8                                     | BANC OF AMERICA FUNDING CORPOR BAFC 2007 8 2A1             | CUSIP: 05953LAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227468 | PA      | $163882.38    | 0.23%             | 2037-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -319965 | PA      | $-322723.81   | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2005-SD1                                                    | GSAMP TRUST GSAMP 2005 SD1 M3 144A                         | CUSIP: 36242DWF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2155730 | PA      | $1697340.68   | 2.41%             | 2034-12-25      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | US TREASURY N/B 08/45 4.875                                | CUSIP: 912810UN6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     35000 | PA      | $34893.36     | 0.05%             | 2045-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2005-5                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 5 3A2A            | CUSIP: 17307GZG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    731637 | PA      | $658012.75    | 0.94%             | 2035-10-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| CVS PASS-THROUGH TRUST                                                  | CVS PASS THROUGH TRUST PASS THRU CE 01/28 5.88             | CUSIP: 126650BC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279869 | PA      | $280954.70    | 0.40%             | 2028-01-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL                 | ION PLAT FIN US/SARL SR SECURED 144A 05/29 9.5             | CUSIP: 46206AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $131940.00    | 0.19%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.3* 07/19/23-8Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $12737.42     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                                  | CACI INTERNATIONAL INC COMPANY GUAR 144A 06/33 6.375       | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101861.60    | 0.14%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -240952 | PA      | $-241205.08   | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.75000 12/20/23-5Y CME                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $9205.07      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -705500 | PA      | $-714058.11   | -1.02%            |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-33A6                       | NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 33A6 1O 144A     | CUSIP: 63546EAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1097762 | PA      | $152665.69    | 0.22%             | 2038-03-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2006-B                                     | BANC OF AMERICA FUNDING CORPOR BAFC 2006 B 7A1             | CUSIP: 058928AN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29865 | PA      | $26479.16     | 0.04%             | 2036-03-20      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2017-75B                   | NATIXIS COMMERCIAL MORTGAGE SE NCMS 2017 75B E 144A        | CUSIP: 63874EAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1197000 | PA      | $654016.50    | 0.93%             | 2037-04-10      | Variable      | 4.06%                 | No            |                  2 | On Loan: No      |
| WESTMORELAND MINING HOLDINGS LLC                                        | WESTMORELAND MINING HOLDINGS L COMMON                      | CUSIP: 935ZXN908<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9154 | NS      | $5434.90      | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ASSET BACKED SEC CORP HOME EQ 1999-LB1                                  | ASSET BACKED SECURITIES CORP H ABSHE 1999 LB1 B1           | CUSIP: 04541GAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50539 | PA      | $47549.21     | 0.07%             | 2029-06-21      | Floating      | 7.04%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN AQUILA LIMITED                                               | TRANSOCEAN AQUILA LTD SR SECURED 144A 09/28 8              | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    246154 | PA      | $253119.02    | 0.36%             | 2028-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| WORLDWIDE PLAZA TRUST 2017-WWP                                          | WORLDWIDE PLAZA TRUST WPT 2017 WWP F 144A                  | CUSIP: 98162JAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2400000 | PA      | $12156.00     | 0.02%             | 2036-11-10      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4990                                                 | FREDDIE MAC FHR 4990 BI                                    | CUSIP: 3137FURT3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1092428 | PA      | $252148.38    | 0.36%             | 2050-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ABSLT DE 2024 LLC                                                       | ABSLT DE 2024 LLC CLN 2024 1 05/33 1                       | CUSIP: 00401BAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1180032.13   | 1.68%             | 2033-05-20      | Floating      | 12.18%                | No            |                  3 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE RBC BARBADOS REPO - 09Jun26                    | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -756059 | PA      | $-758358.72   | -1.08%            |  |  |  | No            |                  2 | On Loan: No      |
| GUARDIAN BIDCO INC                                                      | GUARDIAN 1ST LIEN DELAYED DRAW TL                          | CUSIP: BA000P6S4<br>LEI: 254900FNRUS0FT2AXJ89 | Long             | LON              | CORP              | US        |    100000 | PA      | $99098.65     | 0.14%             | 2032-08-29      | Fixed         | 9.17%                 | No            |                  3 | On Loan: No      |
| N/A                                                                     | US LONG BOND(CBT) JUN26 XCBT 20260618                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -4 | NC      | $15932.98     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HSI ASSET SECUR CORP TRUST 2007-HE2                                     | HSI ASSET SECURITIZATION CORPO HASC 2007 HE2 2A1           | CUSIP: 40430RAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2542594 | PA      | $1262135.41   | 1.79%             | 2037-04-25      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| COHESITY INC                                                            | CLOVER 2024 HOLDINGS INC VERITAS G PREFERRED               | CUSIP: 955EHZ901<br>LEI: 254900JU2GC36CXYYG09 | Long             | EP               | CORP              | US        |       962 | NS      | $18194.61     | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -82370 | PA      | $-82565.82    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| MULTIPLAN INC (MPH ACQUISITION HOLDINGS LLC)                            | MPH ACQUISITION HOLDINGS SR SECURED 144A 12/30 11.5        | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    100817 | PA      | $91232.60     | 0.13%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/1.75000 12/21/22-30Y CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $1112445.00   | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| INEOS US FINANCE LLC                                                    | INEOS US FINANCE LLC 2023 USD TERM LOAN B                  | CUSIP: G4768PAN1<br>LEI: 5493008MHJ4R367SNK31 | Long             | LON              | CORP              | US        |    397980 | PA      | $348978.54    | 0.50%             | 2030-02-18      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8          | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 F 144A      | CUSIP: 46649JAQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    740506 | PA      | $643777.69    | 0.92%             | 2035-02-15      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -89143 | PA      | $-89307.82    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| CHASE MORTGAGE FINANCE CORP 2007-S2                                     | CHASE MORTGAGE FINANCE CORPORA CHASE 2007 S2 1A4           | CUSIP: 16163EAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    151764 | PA      | $77057.41     | 0.11%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KINDRED AT HOME HOSPICE (CHARLOTTE BUYER INC)                           | CHARLOTTE BUYER INC 2025 REPRICED TERM LOAN B              | CUSIP: 12568YAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    297739 | PA      | $295356.78    | 0.42%             | 2028-02-11      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| XBP GLOBAL HOLDINGS INC                                                 | XBP GLOBAL HOLDINGS INC COMMON STOCK USD.0001              | CUSIP: 98400V200<br>LEI: 984500BE0P94C4CD8C71 | Long             | EC               | CORP              | US        |       131 | NS      | $576.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTIFICATES 2006-ABC1                         | COUNTRYWIDE ASSET BACKED CERTI CWL 2006 ABC1 A3            | CUSIP: 23242NAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5993184 | PA      | $5084593.90   | 7.23%             | 2036-05-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET BACKED CERT 2007-BC2                                  | COUNTRYWIDE ASSET BACKED CERTI CWL 2007 BC2 1A             | CUSIP: 12669QAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    419096 | PA      | $429141.00    | 0.61%             | 2037-06-25      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -89675 | PA      | $-90762.81    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                    | LIFEPOINT HEALTH INC SR SECURED 144A 08/30 9.875           | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $105876.20    | 0.15%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| US RENAL CARE INC                                                       | U S RENAL CARE INC 2023 SUPERPRIORITY TERM LOAN            | CUSIP: 90290PAS3<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |   2022879 | PA      | $1910568.99   | 2.72%             | 2028-06-28      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2007-AR1                                        | GSR MORTGAGE LOAN TRUST GSR 2007 AR1 2A1                   | CUSIP: 362290AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496180 | PA      | $260386.88    | 0.37%             | 2047-03-25      | Floating      | 3.96%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2024-5                                       | VERUS SECURITIZATION TRUST VERUS 2024 5 B2 144A            | CUSIP: 92540HAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $505148.30    | 0.72%             | 2069-06-25      | Variable      | 7.80%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD                                           | WEATHERFORD INTERNATIONA COMPANY GUAR 144A 10/33 6.75      | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    800000 | PA      | $817935.20    | 1.16%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -759470 | PA      | $-760266.83   | -1.08%            |  |  |  | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                       | WASTE PRO USA INC SR UNSECURED 144A 02/33 7                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202750.20    | 0.29%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE TRUST-2004-11AR                                 | MORGAN STANLEY MORTGAGE LOAN T MSM 2004 11AR B1            | CUSIP: 61748HHP9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    131625 | PA      | $119457.89    | 0.17%             | 2035-01-25      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA ALT LOAN TRUST 2007-1                                   | BANC OF AMERICA ALTERNATIVE LO BOAA 2007 1 2A1             | CUSIP: 059496AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     46279 | PA      | $40525.07     | 0.06%             | 2037-04-25      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2021-2A                                                 | APEX CREDIT CLO LLC APEXC 2021 2A SUB 144A                 | CUSIP: 58406DAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $162307.95    | 0.23%             | 2034-10-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TBW MTGE BACKED PASS THRU CERT 2006-2                                   | TBW MORTGAGE BACKED PASS THROU TBW 2006 2 4A1              | CUSIP: 878048AH0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    101819 | PA      | $30546.45     | 0.04%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                      | CLEAR CHANNEL OUTDOOR HOLDIN COMMON STOCK                  | CUSIP: 18453H106<br>LEI: 254900XBEE6V1ENYS150 | Long             | EC               | CORP              | US        |    108013 | NS      | $255990.81    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA 2022-NQM1 TRUST                                                     | MFRA TRUST MFRA 2022 NQM1 B1 144A                          | CUSIP: 55284PAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $860164.00    | 1.22%             | 2066-12-25      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| MASTR ASSET BACKED SEC TR 2006-NC2                                      | MASTR ASSET BACKED SECURITIES MABS 2006 NC2 A3             | CUSIP: 55275BAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2232723 | PA      | $776726.79    | 1.10%             | 2036-08-25      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2006-QA1                                     | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QA1 A21           | CUSIP: 761118TB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    136636 | PA      | $91632.13     | 0.13%             | 2036-01-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| SOLERA LLC (POLARIS NEWCO LLC)                                          | POLARIS NEWCO, LLC USD TERM LOAN B                         | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |    378021 | PA      | $333722.47    | 0.47%             | 2028-06-02      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| HOUGHTON MIFFLIN HARCOURT COMPANY                                       | HOUGHTON MIFFLIN HARCOURT COMP TERM LOAN B                 | CUSIP: 44157YAE4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    213944 | PA      | $181998.73    | 0.26%             | 2029-04-09      | Floating      | 9.02%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BARCLAYS BANK PLC LONDON BRANC REPO - 31Dec35              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -346800 | PA      | $-350593.61   | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                      | NEWFOLD DIGITAL HLDGS GR SECURED 144A 04/29 11.75          | CUSIP: 650929AD4<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    229480 | PA      | $93570.58     | 0.13%             | 2029-04-30      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| BBCCRE TRUST 2015-GTP                                                   | BBCCRE TRUST BBCCR 2015 GTP B 144A                         | CUSIP: 05490TAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $449266.95    | 0.64%             | 2033-08-10      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                                             | MCAFEE LLC 2024 USD 1ST LIEN TERM LOAN B                   | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    496231 | PA      | $444747.18    | 0.63%             | 2029-03-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE RBC BARBADOS REPO - 09Jun26                    | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -322094 | PA      | $-323073.64   | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| MULTIPLAN INC (MPH ACQUISITION HOLDINGS LLC)                            | MPH ACQUISITION HOLDINGS SR SECURED 144A 12/30 5.75        | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     62699 | PA      | $48034.05     | 0.07%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JP MORGAN ALTERNATIVE LN TRUST 2006-S1                                  | J.P. MORGAN ALTERNATIVE LOAN T JPALT 2006 S1 1A19          | CUSIP: 46627MER4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    680272 | PA      | $341136.22    | 0.48%             | 2036-03-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | DEUTSCHE BANK SECURITIES INC.F REPO - 13Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -216246 | PA      | $-216759.62   | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | CANADIAN IMPERIAL BANK OF COMM REPO - 27May26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -970764 | PA      | $-974541.16   | -1.39%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.7* 7/22/23-27Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $290839.89    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -512451 | PA      | $-516836.72   | -0.73%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/3.25000 06/18/25-5Y LCH                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-143442.87   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MORTGAGE CAPITAL CERT 2006                                | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 3 1A4A              | CUSIP: 225470M67<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    118197 | PA      | $60140.97     | 0.09%             | 2036-04-25      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2005-QS10                                    | RESIDENTIAL ACCREDIT LOANS, IN RALI 2005 QS10 2A           | CUSIP: 761118CW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83866 | PA      | $74684.29     | 0.11%             | 2035-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -411000 | PA      | $-415985.66   | -0.59%            |  |  |  | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2007-3                                  | RENAISSANCE HOME EQUITY LOAN T RAMC 2007 3 AF3             | CUSIP: 75971FAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3164684 | PA      | $1204105.76   | 1.71%             | 2037-09-25      | Variable      | 7.24%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INTERNATIONAL LIMITED                                        | TRANSOCEAN INTERNTNL LTD COMPANY GUAR 144A 05/29 8.25      | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $516939.50    | 0.73%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CDK GLOBAL (CENTRAL PARENT LLC)                                         | CENTRAL PARENT INC 2024 TERM LOAN B                        | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    593985 | PA      | $425495.19    | 0.60%             | 2029-07-06      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| PATTERSON CO (PARADIGM PARENT LLC)                                      | PARADIGM PARENT LLC 1ST LIEN TERM LOAN                     | CUSIP: 69902BAB5<br>LEI: 254900EDT9YE5UFH3458 | Long             | LON              | CORP              | US        |    398000 | PA      | $330340.00    | 0.47%             | 2032-04-16      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/4.50000 03/20/24-6Y* CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $397693.92    | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MRTG CAPITAL CERT 2006-4                                  | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 4 9A1               | CUSIP: 12637HAY4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    142946 | PA      | $58556.15     | 0.08%             | 2036-05-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORPORATION                                                    | DISH DBS CORP SR SECURED 144A 12/26 5.25                   | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $654718.92    | 0.93%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                                                        | KILROY REALTY LP COMPANY GUAR 10/35 5.875                  | CUSIP: 49427RAT9<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96468.59     | 0.14%             | 2035-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                   | QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375          | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405901.20    | 0.58%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.3* 07/20/23-8Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $12787.41     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 15Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -99377 | PA      | $-100286.01   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 08Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -696685 | PA      | $-703158.15   | -1.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-5                                         | BEAR STEARNS ALT A TRUST BALTA 2006 5 2A2                  | CUSIP: 073873AK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    173208 | PA      | $77483.25     | 0.11%             | 2036-08-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| ASHFORD HOSPITALITY TRUST 2018-ASHF                                     | ASHFORD HOSPITALITY TRUST AHT1 2018 ASHF C 144A            | CUSIP: 04410RAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $895668.75    | 1.27%             | 2035-04-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TR 2006-AR7                                  | INDYMAC INDX MORTGAGE LOAN TRU INDX 2006 AR7 4A1           | CUSIP: 45661EDC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     85002 | PA      | $45779.40     | 0.07%             | 2036-05-25      | Floating      | 3.27%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4990                                                 | FREDDIE MAC FHR 4990 SN                                    | CUSIP: 3137FUYG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1151643 | PA      | $137309.90    | 0.20%             | 2050-05-25      | Floating      | 2.37%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDA MORTGAGE LOAN TRUST 2007-AR2                               | INDYMAC INDA MORTGAGE LOAN TRU INDA 2007 AR2 A1            | CUSIP: 456679AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     69789 | PA      | $53364.79     | 0.08%             | 2037-06-25      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BARCLAYS BANK PLC LONDON BRANC REPO - 20Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -417984 | PA      | $-423831.94   | -0.60%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA6                                 | FREDDIE MAC   STACR STACR 2021 DNA6 B2 144A                | CUSIP: 35564KLV9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1131580.12   | 1.61%             | 2041-10-25      | Floating      | 11.16%                | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2745996 | PA      | $-2769672.59  | -3.94%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | GOLDMAN SACHS BANK USA 2 REPO - 23Sep26                    | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -527666 | PA      | $-534965.24   | -0.76%            |  |  |  | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                           | BGC GROUP INC SR UNSECURED 06/29 6.6                       | CUSIP: 05555LAB7<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103217.22    | 0.15%             | 2029-06-10      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2014-6                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2014 6 3A3 144A        | CUSIP: 17322WAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    977824 | PA      | $463162.66    | 0.66%             | 2035-11-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ADJUSTABLE RT MTGE LN 2005-23                                | STRUCTURED ADJUSTABLE RATE MOR SARM 2005 23 3A1            | CUSIP: 863579L48<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    148825 | PA      | $78637.21     | 0.11%             | 2036-01-25      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2005-HYB9                                        | COUNTRYWIDE HOME LOANS CWHL 2005 HYB9 3A2A                 | CUSIP: 126670JY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1300 | PA      | $1162.23      | 0.00%             | 2036-02-20      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| SEVITA (NATIONAL MENTOR HOLDINGS INC)                                   | NATIONAL MENTOR HOLDINGS SR SECURED 144A 12/30 10.5        | CUSIP: 63688RAF4<br>LEI: 5493004QULJVJP3CNZ62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $309884.10    | 0.44%             | 2030-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| FINASTRA USA INC                                                        | FINASTRA USA INC 2025 1ST LIEN TERM LOAN                   | CUSIP: 31772YAD8<br>LEI: 549300ZB2RO6QC7YTK71 | Long             | LON              | CORP              | US        |    150000 | PA      | $141219.00    | 0.20%             | 2032-09-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 08Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -347967 | PA      | $-351786.15   | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VENTURE GLOBAL PLAQUE SR SECURED 144A 01/34 6.5            | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260769.82    | 0.37%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                             | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                   | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |    672520 | PA      | $6549673.73   | 9.31%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1274845 | PA      | $-1285837.00  | -1.83%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 20Aug26                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -686031 | PA      | $-689636.73   | -0.98%            |  |  |  | No            |                  2 | On Loan: No      |
| IVANTI SECURITY HOLDINGS LLC                                            | IVANTI SOFTWARE INC 2025 NEWCO TERM LOAN                   | CUSIP: 46583VAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    154638 | PA      | $154831.58    | 0.22%             | 2029-06-01      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-SHL1                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 SHL1 M1 144A      | CUSIP: 17312WAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1100000 | PA      | $946784.30    | 1.35%             | 2046-11-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST 2019-2                                           | MARLETTE FUNDING TRUST MFT 2019 2A CERT 144A               | CUSIP: 57109H102<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4885 | PA      | $0.00         | 0.00%             | 2029-07-16      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R01                            | FANNIE MAE   CAS CAS 2021 R01 1B1 144A                     | CUSIP: 20754RAF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    800000 | PA      | $807823.92    | 1.15%             | 2041-10-25      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| UCFC MANU HOUSING 1996-1                                                | UCFC MANUFACTURED HOUSING CONT UCFCM 1996 1 M              | CUSIP: 90263AAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      3858 | PA      | $3655.76      | 0.01%             | 2028-01-15      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES K071       | FHLMC MULTIFAMILY STRUCTURED P FHMS K071 X3                | CUSIP: 3137FCLG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1027000 | PA      | $31151.17     | 0.04%             | 2045-11-25      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-B                                 | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 B R 144A           | CUSIP: 83206NAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       188 | PA      | $173767.32    | 0.25%             | 2055-02-16      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                      | NEWFOLD DIGITAL HLDGS GRP INC. 2025 TRANCHE B TERM LOAN    | CUSIP: 65131PAD1<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |     27288 | PA      | $9005.07      | 0.01%             | 2029-04-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2007-2                                         | BEAR STEARNS ALT A TRUST BALTA 2007 2 1A1                  | CUSIP: 073870AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    311419 | PA      | $280975.62    | 0.40%             | 2037-04-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -185850 | PA      | $-186193.62   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/4.25000 03/20/24-5Y* CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $169219.15    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | ABX.HE.PENAAA.07-1 SP GST                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-4807.49     | -0.01%            |  |  |  | No            |                  3 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2005-7                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 7 2A3A            | CUSIP: 17307GB80<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     48282 | PA      | $35509.65     | 0.05%             | 2035-09-25      | Floating      | 3.89%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2007-QS10                                    | RESIDENTIAL ACCREDIT LOANS, IN RALI 2007 QS10 A1           | CUSIP: 74924DAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     87751 | PA      | $72560.31     | 0.10%             | 2037-09-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/1.75000 06/15/22-30Y LCH                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $1014565.34   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5069                                                 | FREDDIE MAC FHR 5069 DI                                    | CUSIP: 3137F9BQ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1246642 | PA      | $166877.64    | 0.24%             | 2041-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LEALAND FINANCE COMPANY BV                                              | LEALAND FINANCE COMPANY B.V. 2020 MAKE WHOLE TL            | CUSIP: N5200EAC5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     27142 | PA      | $22731.08     | 0.03%             | 2027-06-30      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| BARCLAYS COMMERCIAL MORTGAGE TRUST 2020-C6                              | BARCLAYS COMMERCIAL MORTGAGE S BBCMS 2020 C6 F5TA 144A     | CUSIP: 05492TBF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $814488.60    | 1.16%             | 2053-02-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1306930 | PA      | $-1318198.64  | -1.87%            |  |  |  | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                           | COREWEAVE INC COMPANY GUAR 144A 02/31 9                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    600000 | PA      | $571661.34    | 0.81%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | TREASURY BILL 04/26 0.00000                                | CUSIP: 912797TJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    192000 | PA      | $191613.55    | 0.27%             | 2026-04-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COREWEAVE COMPUTE ACQUISITION CO II LLC                                 | COREWEAVE CMPTE ACQU CO II LLC 2024 DELAYED DRAW TERM LOAN | CUSIP: BA0004JK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    465800 | PA      | $480025.78    | 0.68%             | 2029-05-30      | Floating      | 9.70%                 | No            |                  3 | On Loan: No      |
| CBA COMMERCIAL SMALL BALANCE CMM 2006-2A                                | CBS COMMERCIAL SMALL BALANCE C CBAC 2006 2A A 144A         | CUSIP: 14983CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     60235 | PA      | $57816.53     | 0.08%             | 2039-01-25      | Variable      | 6.04%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS  COMM MTGE SEC 2006-T24                                    | BEAR STEARNS COMMERCIAL MORTGA BSCMS 2006 T24 B 144A       | CUSIP: 07388NAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9118 | PA      | $9031.23      | 0.01%             | 2041-10-12      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL FUNDING MTG SEC I 2006-S5                                   | RESIDENTIAL FUNDING MTG SEC I RFMSI 2006 S5 A12            | CUSIP: 74957EAM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65251 | PA      | $55644.69     | 0.08%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4265                                                 | FREDDIE MAC FHR 4265 IA                                    | CUSIP: 3137B5RQ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     72290 | PA      | $2087.15      | 0.00%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MTGE LN TR 2007-12                                       | MORGAN STANLEY MORTGAGE LOAN T MSM 2007 12 3A1             | CUSIP: 61755GAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    136134 | PA      | $42525.18     | 0.06%             | 2037-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BCAP LLC TRUST 2011-R11                                                 | BCAP LLC TRUST BCAP 2011 R11 8A7 144A                      | CUSIP: 05533FCN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     32235 | PA      | $26857.81     | 0.04%             | 2036-07-26      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -493425 | PA      | $-499410.52   | -0.71%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.2* 9/15/23-3Y* CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-3438.06     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FLAGSHIP CREDIT AUTO TRUST 2022-1                                       | FLAGSHIP CREDIT AUTO TRUST FCAT 2022 1 R 144A              | CUSIP: 33845V101<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14000 | PA      | $0.00         | 0.00%             | 2029-06-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| BOMBARDIER CAPITAL MTGE SEC BCM 2000 A                                  | BOMBARDIER CAPITAL MORTGAGE SE BCM 2000 A A3               | CUSIP: 09774XBP6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1184532 | PA      | $66199.60     | 0.09%             | 2030-06-15      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-43A6                       | NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 43A6 1O 144A     | CUSIP: 63546GAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1300000 | PA      | $192543.00    | 0.27%             | 2038-03-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| CLARITEV CORPORATION                                                    | CLARITEV CORP SR SECURED 144A 03/31 6.75                   | CUSIP: 62548MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520313 | PA      | $338203.45    | 0.48%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                                      | VENTURE GLOBAL PLAQUE SR SECURED 144A 01/36 6.75           | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211960.40    | 0.30%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020-RPL1                           | NEW RESIDENTIAL MORTGAGE LOAN NRZT 2020 RPL1 B5 144A       | CUSIP: 64828XAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2900000 | PA      | $1704012.16   | 2.42%             | 2059-11-25      | Floating      | 3.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.70 7/12/23-6Y* CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-123897.11   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| EPIQ (DTI HOLDCO INC)                                                   | DTI HOLDCO INC 2025 TERM LOAN B                            | CUSIP: 23358EAK5<br>LEI: 549300QQVMUL3P8XVJ27 | Long             | LON              | CORP              | US        |    452703 | PA      | $391966.19    | 0.56%             | 2029-04-26      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2006-QS7                                     | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QS7 A1            | CUSIP: 748940AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     46526 | PA      | $37144.54     | 0.05%             | 2036-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE RBC BARBADOS REPO - 09Jun26                    | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -551755 | PA      | $-553432.89   | -0.79%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -458183 | PA      | $-462104.28   | -0.66%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BARCLAYS BANK PLC LONDON BRANC REPO - 31Dec36              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -831818 | PA      | $-834764.27   | -1.19%            |  |  |  | No            |                  2 | On Loan: No      |
| GE CAPITAL MTG SERVICES 1999-HE1                                        | GE CAPITAL MTG SERVICES INC GECMS 1999 HE1 M               | CUSIP: 36157RD93<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9284 | PA      | $8360.79      | 0.01%             | 2029-04-25      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| TEKNI-PLEX (TRIDENT TPI HOLDINGS INC)                                   | TRIDENT TPI HOLDINGS INC 2024 TERM LOAN B7                 | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    297739 | PA      | $282711.82    | 0.40%             | 2028-09-15      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -218609 | PA      | $-221261.23   | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2005-6                                                  | LEHMAN XS TRUST LXS 2005 6 3A3A                            | CUSIP: 525221DJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    635185 | PA      | $286730.97    | 0.41%             | 2035-11-25      | Variable      | 6.26%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-6                                         | BEAR STEARNS ALT A TRUST BALTA 2006 6 32A1                 | CUSIP: 073868BE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    419317 | PA      | $209053.75    | 0.30%             | 2036-11-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC      | FERTITTA ENTERTAINMENT COMPANY GUAR 144A 01/30 6.75        | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $373926.96    | 0.53%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VISTA MANAGEMENT HOLDING INC                                            | VISTAJET MALTA FINANCE P.L.C 2025 TERM LOAN B              | CUSIP: 92842EAB4<br>LEI: 5299005VABKD28UWHI65 | Long             | LON              | CORP              | US        |     99000 | PA      | $98149.59     | 0.14%             | 2031-04-01      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -444656 | PA      | $-450050.18   | -0.64%            |  |  |  | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2004-B                                     | BANC OF AMERICA FUNDING CORPOR BAFC 2004 B 1A2             | CUSIP: 05946XHW6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     81976 | PA      | $69511.92     | 0.10%             | 2034-12-20      | Floating      | 2.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -459531 | PA      | $-465105.62   | -0.66%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2007-4                                           | COUNTRYWIDE HOME LOANS CWHL 2007 4 1A1                     | CUSIP: 12544RAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175024 | PA      | $68049.51     | 0.10%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CDX HY46 5Y ICE                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $89239.34     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MASTR ASSET SECURITIZATION TRUST 2006-2                                 | MASTR ASSET SECURITIZATION TRU MASTR 2006 2 1A11           | CUSIP: 55274QAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    136973 | PA      | $73945.31     | 0.11%             | 2036-06-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST SERIES 2005-FFH1                     | FIRST FRANKLIN MTG LOAN ASSET FFML 2005 FFH1 M3            | CUSIP: 32027NTC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314664 | PA      | $310003.46    | 0.44%             | 2036-06-25      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 08Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -5400516 | PA      | $-5461028.32  | -7.76%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/3.00 9/19/23-15Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $631449.94    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| AMSURG LLC                                                              | ENVISION HEALTHCARE CORPORTION 2023 1ST LIEN FIRST OUT TL  | CUSIP: 949ABEII2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     84085 | PA      | $84085.31     | 0.12%             | 2026-11-03      | Floating      | 11.64%                | No            |                  3 | On Loan: No      |
| ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL                 | ION PLAT FIN US/SARL SR SECURED 144A 08/29 9               | CUSIP: 46206AAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $92816.76     | 0.13%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2007-HY4                                         | COUNTRYWIDE HOME LOANS CWHL 2007 HY4 1A1                   | CUSIP: 17025RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    144224 | PA      | $131162.56    | 0.19%             | 2047-09-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORPORATION                                                    | DISH DBS CORP SR SECURED 144A 12/28 5.75                   | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $387119.02    | 0.55%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INCORA TOP HOLDCO LLC                                                   | INCORA NEW EQUITY                                          | CUSIP: 955PRF008<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47162 | NS      | $1786212.64   | 2.54%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FANNIE MAE 2020-37                                                      | FANNIE MAE FNR 2020 37 IA                                  | CUSIP: 3136B9T56<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    508250 | PA      | $95907.02     | 0.14%             | 2050-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA7                                 | FREDDIE MAC   STACR STACR 2021 DNA7 B2 144A                | CUSIP: 35564KNE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1100000 | PA      | $1137634.41   | 1.62%             | 2041-11-25      | Floating      | 11.46%                | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                      | NEWFOLD DIGITAL HLDGS GRP INC. 2025 TRANCHE A TERM LOAN    | CUSIP: 65131PAC3<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |    132721 | PA      | $97833.82     | 0.14%             | 2029-04-30      | Floating      | 7.27%                 | No            |                  2 | On Loan: No      |
| LEALAND FINANCE COMPANY BV                                              | LEALAND FINANCE COMPANY B.V. 2020 TAKE BACK TL             | CUSIP: N5200EAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    229062 | PA      | $191552.86    | 0.27%             | 2027-12-31      | Fixed         | 7.78%                 | No            |                  2 | On Loan: No      |
| VOYAGER AVIATION HOLDINGS LLC                                           | VOYAGER AVIATION HOLD SR SECURED 144A 05/26 8.5            | CUSIP: 92918XAA3<br>LEI: 549300KHOKL1CX4NIJ92 | Long             | DBT              | CORP              | US        |    980091 | PA      | $0.01         | 0.00%             | 2026-05-09      | Fixed         | 8.50%                 | No            |                  3 | On Loan: No      |
| ION PLATFORM FINANCE US INC / ION PLATFORM FINANCE SARL                 | ION PLAT FIN US/SARL SR SECURED 144A 05/29 8.75            | CUSIP: 46206AAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $242066.57    | 0.34%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2006-AC1                     | BEAR STEARNS ASSET BACKED SECU BSABS 2006 AC1 21A1         | CUSIP: 07387UCT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20928 | PA      | $13226.83     | 0.02%             | 2035-12-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMSURG (AMBULATORY TOPCO LLC)                                           | AMSURG EQUITY EQTYAS910                                    | CUSIP: 902RDL901<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     81058 | NS      | $3564519.63   | 5.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.6* 8/03/23-27Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $173648.06    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHUMACHER GROUP (ONEX TSG INTERMEDIATE CORP)                           | ONEX TSG INTERMEDIATE CORP 2026 TERM LOAN B                | CUSIP: 68276QAP1<br>LEI: 5493006IJC5WXT1WJK88 | Long             | LON              | CORP              | US        |    400000 | PA      | $402700.00    | 0.57%             | 2032-08-06      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| MFA 2022-RPL1 TRUST                                                     | MFRA TRUST MFRA 2022 RPL1 M1 144A                          | CUSIP: 55285TAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $861468.10    | 1.22%             | 2061-08-25      | Variable      | 4.27%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-81                                   | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 81 A1            | CUSIP: 12668BBN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     90772 | PA      | $76184.73     | 0.11%             | 2037-02-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTG SEC 2002-E                                          | BANC OF AMERICA MORTGAGE SECUR BOAMS 2002 E A1             | CUSIP: 06050HJH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     52460 | PA      | $53029.16     | 0.08%             | 2031-06-20      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| FS KKR CAPITAL CORP                                                     | FS KKR CAPITAL CORP SR UNSECURED 01/29 7.875               | CUSIP: 302635AM9<br>LEI: 549300TYRSI1T21B1360 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404665.08    | 0.58%             | 2029-01-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES INC                                                     | VICI PROPERTIES INC REIT USD.01                            | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |     13531 | NS      | $369666.92    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | SCOTIA CAPITAL (USA) INC.AS AG REPO - 21Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -505125 | PA      | $-509210.90   | -0.72%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SCOTIA CAPITAL (USA) INC.AS AG REPO - 31Dec35              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -271920 | PA      | $-275201.92   | -0.39%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2010-4                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2010 4 3A6 144A        | CUSIP: 17315QAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650977 | PA      | $245014.91    | 0.35%             | 2037-11-25      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| MARLETTE FUNDING TRUST 2020-1A                                          | MARLETTE FUNDING TRUST MFT 2020 1A CERT 144A               | CUSIP: 57109J108<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      8397 | PA      | $2748.05      | 0.00%             | 2030-03-15      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2007-1                                         | BEAR STEARNS ALT A TRUST BALTA 2007 1 21A1                 | CUSIP: 07386XAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     19496 | PA      | $9390.38      | 0.01%             | 2047-01-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| SOLENIS (OLYMPUS WATER US HOLDING CORPORATION)                          | OLYMPUS WTR US HLDG CORP SR SECURED 144A 06/31 7.25        | CUSIP: 681639AD2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195546.56    | 0.28%             | 2031-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORTGAGE EQUITY CONVER ASSET TR 2010-1A                                 | MORTGAGE EQUITY CONVERSION ASS MECA 2010 1A A 144A         | CUSIP: 61911BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     23713 | PA      | $22748.49     | 0.03%             | 2060-07-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ADJ RATE MTG LN 2006-3                                       | STRUCTURED ADJUSTABLE RATE MOR SARM 2006 3 4A              | CUSIP: 863579Y69<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    138537 | PA      | $70959.35     | 0.10%             | 2036-04-25      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| MASTR ADJ RATE MTGE TRUST 2007-R5                                       | MASTR ADJUSTABLE RATE MORTGAGE MARM 2007 R5 A1 144A        | CUSIP: 57645WAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155604 | PA      | $63216.39     | 0.09%             | 2035-11-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| SYNIVERSE HOLDINGS LLC                                                  | SYNIVERSE HOLDINGS, LLC 2022 TERM LOAN                     | CUSIP: 87168TAB7<br>LEI: 549300CYZBHMZC8VLL59 | Long             | LON              | CORP              | US        |   1064386 | PA      | $985887.85    | 1.40%             | 2027-05-13      | Floating      | 10.70%                | No            |                  3 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2022-ONL                          | WELLS FARGO COMMERCIAL MORTGAG WFCM 2022 ONL C 144A        | CUSIP: 95003WAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1042000 | PA      | $937156.46    | 1.33%             | 2039-12-15      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -86100 | PA      | $-87144.44    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -175950 | PA      | $-178084.37   | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNYMELLONRE FIRM SECURED FINAN REPO - 27Jul26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -985235 | PA      | $-993666.97   | -1.41%            |  |  |  | No            |                  2 | On Loan: No      |
| INCORA TOP HOLDCO LLC                                                   | INCORA TOP HOLDCO LLC CONV PIK PRE COMP                    | CUSIP: 955PRK007<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1074091 | PA      | $1626733.77   | 2.31%             | 2033-01-30      | Fixed         | 6.00%                 | Yes           |                  3 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENTURE GLOBAL LNG INC SR SECURED 144A 02/32 9.875         | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    300000 | PA      | $322343.40    | 0.46%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2005-4                                    | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 4 MV7              | CUSIP: 126673R53<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2195690 | PA      | $1882796.53   | 2.68%             | 2035-10-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/0.50 9/16/23-5Y* CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-10038.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 04May26                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -385796 | PA      | $-387549.08   | -0.55%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-WPT           | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 WPT BFL 144A     | CUSIP: 46645WAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    843000 | PA      | $738865.47    | 1.05%             | 2033-07-05      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-3                                         | BEAR STEARNS ALT A TRUST BALTA 2006 3 22A1                 | CUSIP: 07386HL33<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20858 | PA      | $14997.65     | 0.02%             | 2036-05-25      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INV LN TR 2003-BC10                                    | STRUCTURED ASSET INVESTMENT LO SAIL 2003 BC10 B            | CUSIP: 86359A2N2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67685 | PA      | $87455.36     | 0.12%             | 2033-10-25      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| MCDERMOTT INTERNATIONAL LTD                                             | MCDERMOTT INTERNATIONAL LTD COMMON STOCK USD1.0            | CUSIP: G5924V148<br>LEI: 54930004RAXI4B3L4752 | Long             | EC               | CORP              | BM        |        57 | NS      | $1407.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SPECIALTY BUILDING PRODUCTS HOLDINGS LLC / SBP FINANCE CORP             | SPECIALTY BUILDING PRODU SR SECURED 144A 10/29 7.75        | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $86913.60     | 0.12%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| IHEARTMEDIA INC                                                         | IHEARTMEDIA INC   CLASS A COMMON STOCK                     | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25745 | NS      | $75175.40     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORPORATION                                                 | QUIDELORTHO CORP TERM LOAN                                 | CUSIP: 74840YAH7<br>LEI: 549300YU8CMO9HF53113 | Long             | LON              | CORP              | US        |    497500 | PA      | $497500.00    | 0.71%             | 2032-08-20      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -606859 | PA      | $-607495.94   | -0.86%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.4* 04/07/21-30Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $610692.80    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LOAN TRUST 2006-8T1                             | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 8T1 1A5          | CUSIP: 12668BMJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2139489 | PA      | $960973.64    | 1.37%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC             | UNITI GRP/UNITI HLD/CSL COMPANY GUAR 144A 01/30 6          | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1002848.31   | 1.43%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDINGS LLC                                            | ASPIRE BAKERIES HOLDINGS LLC 2025 REPRICED TERM LOAN       | CUSIP: 02106XAK2<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |    198000 | PA      | $198495.00    | 0.28%             | 2030-12-23      | Floating      | 6.67%                 | No            |                  3 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-5                                         | BEAR STEARNS ALT A TRUST BALTA 2005 5 26A1                 | CUSIP: 07386HUN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84518 | PA      | $56494.53     | 0.08%             | 2035-07-25      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| PATTERSON (PARADIGM PARENT LLC/PARADIGM PARENT CO-ISSUER INC)           | PARADIGM PRNT/CO ISSUER SR SECURED 144A 04/32 8.75         | CUSIP: 69902PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $88938.59     | 0.13%             | 2032-04-17      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 08Apr26                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -210226 | PA      | $-210593.27   | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| ASURION LLC (AKA: ASURION CORP)                                         | ASURION LLC 2022 TERM LOAN B10                             | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    295456 | PA      | $286040.19    | 0.41%             | 2028-08-19      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |
| HSI ASSET SEC CORP TRUST 2006-HE2                                       | HSI ASSET SECURITIZATION CORPO HASC 2006 HE2 2A3           | CUSIP: 44328BAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3990161 | PA      | $906418.85    | 1.29%             | 2036-12-25      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | MIZUHO SECURITIES USAFIXED INC REPO - 24Sep26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2087273 | PA      | $-2089462.73  | -2.97%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/2.00 7/15/23-27Y* CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $37744.20     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CITY CLO 2020-2A                                                  | CROWN CITY CLO CCITY 2020 2A SUB 144A                      | CUSIP: 22823JAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    600000 | PA      | $168153.87    | 0.24%             | 2035-04-20      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2006-11                                   | COUNTRYWIDE ASSET BACKED CERTI CWL 2006 11 MV1             | CUSIP: 12666TAL0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4152847 | PA      | $3452399.06   | 4.91%             | 2046-09-25      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| SYNIVERSE CORPORATION                                                   | SYNIVERSE PFD PIK PFDJJZ917                                | CUSIP: 936UVD902<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    476430 | NS      | $400849.41    | 0.57%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                             | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 03/45 4.3              | CUSIP: 694308HL4<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    463000 | PA      | $362100.85    | 0.51%             | 2045-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -89462 | PA      | $-90547.73    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| AVIENT CORPORATION                                                      | AVIENT CORP SR UNSECURED 144A 11/31 6.25                   | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100782.40    | 0.14%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8          | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 D 144A      | CUSIP: 46649JAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205696 | PA      | $198689.67    | 0.28%             | 2035-02-15      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| MLCC MORTGAGE INVESTORS INC 2005-3                                      | MLCC MORTGAGE INVESTORS INC MLCC 2005 3 1A                 | CUSIP: 59020UL37<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     29825 | PA      | $29161.94     | 0.04%             | 2035-11-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 08Apr26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -338252 | PA      | $-341394.51   | -0.49%            |  |  |  | No            |                  2 | On Loan: No      |
| CONSECO FINANCE SECUR CORP 2002-2                                       | CONSECO FINANCE SECURITIZATION CNF 2002 2 M2               | CUSIP: 20846QJZ2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    525516 | PA      | $541282.64    | 0.77%             | 2033-03-01      | Variable      | 9.16%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                    | LIFEPOINT HEALTH INC SR SECURED 144A 10/30 11              | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    500000 | PA      | $538360.00    | 0.77%             | 2030-10-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| MERCURY AGGREGATOR LP                                                   | MERCURY AGGREGATOR L P TRANCHE 1 TERM LOAN                 | CUSIP: BA000FDV1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    253344 | PA      | $0.00         | 0.00%             | 2027-04-03      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| DRYDEN 123 CLO LTD 2025-123A                                            | DRSLF 2025 123A SUB 144A FEE FEE0019N8                     | CUSIP: 958WYTII4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    600000 | PA      | $13180.27     | 0.02%             | 2038-04-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| UNITED STATES GOVT                                                      | TREASURY BILL 05/26 0.00000                                | CUSIP: 912797TT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      7000 | PA      | $6961.11      | 0.01%             | 2026-05-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -162200 | PA      | $-164167.58   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 16Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -351695 | PA      | $-352345.25   | -0.50%            |  |  |  | No            |                  2 | On Loan: No      |
| ADJUSTABLE RATE MORTAGE TRUST 2005-10                                   | ADJUSTABLE RATE MORTGAGE TRUST ARMT 2005 10 1A1            | CUSIP: 007036TA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     42752 | PA      | $40989.93     | 0.06%             | 2036-01-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFR USD SOFR/1.75000 06/15/22-30Y CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $1302434.03   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -257524 | PA      | $-260647.76   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | BNP PARIBASBNPP SA REPO - 23Jul26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1613846 | PA      | $-1627760.94  | -2.31%            |  |  |  | No            |                  2 | On Loan: No      |
| PADAGIS LLC                                                             | PADAGIS LLC TERM LOAN B                                    | CUSIP: 69526PAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    345966 | PA      | $319153.87    | 0.45%             | 2028-07-06      | Floating      | 8.66%                 | No            |                  3 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LOANTR 2006-OC2                                 | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 OC2 2A3          | CUSIP: 12668BRG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314828 | PA      | $296665.85    | 0.42%             | 2036-02-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                    | HOWARD MIDSTREAM ENERGY SR UNSECURED 144A 01/34 6.625      | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $502258.50    | 0.71%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 19May26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -101505 | PA      | $-103312.93   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                      | US TREASURY N/B 08/35 4.25                                 | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     63000 | PA      | $62773.59     | 0.09%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTG SEC 2005-3                                          | BANC OF AMERICA MORTGAGE SECUR BOAMS 2005 E 3A1            | CUSIP: 05949A6L9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18828 | PA      | $18255.96     | 0.03%             | 2035-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 26May26                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -274145 | PA      | $-275269.43   | -0.39%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | 3 MONTH SOFR FUT  MAR26 XCME 20260616                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -1 | NC      | $3835.07      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ENCINA SPV                                                              | ENCINA PRIVATE CREDIT LLC NOTE                             | CUSIP: 938DREII2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35679 | PA      | $29501.21     | 0.04%             | 2026-11-30      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| COLUMBUS MCKINNON CORPORATION                                           | COLUMBUS MCKINNON CORP SR SECURED 144A 02/33 7.125         | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100047.50    | 0.14%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                          | DATABRICKS INC 2025 DELAYED DRAW TERM LOAN                 | CUSIP: 23803RAF8<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |     90611 | PA      | $90158.29     | 0.13%             | 2032-01-05      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC / CHOBANI FINANCE CORP INC                                  | CHOBANI LLC/FINANCE CORP SR UNSECURED 144A 07/29 7.625     | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102310.70    | 0.15%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP INC                                                         | NEW WINDSTREAM PREFERRED STOCK                             | CUSIP: 990AAJEB9<br>LEI: 549300V3NU625PJUVA84 | Long             | EP               | CORP              | US        |       333 | NS      | $354172.92    | 0.50%             |  |  |  | No            |                  3 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR13                                             | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 B1           | CUSIP: 92922F4Y1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2278145 | PA      | $2018267.90   | 2.87%             | 2045-10-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                          | DATABRICKS INC 2025 1ST AMENDMENT TERM LOAN                | CUSIP: 23803RAE1<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |    409389 | PA      | $407341.70    | 0.58%             | 2032-01-05      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | BONYTORONTO DOMINION SECURITIE REPO - 31Dec35              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -18107 | PA      | $-18314.58    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| COHESITY INC                                                            | CLOVER 2024 HOLDINGS INC VERITAS G 1 PREFERRED             | CUSIP: 955EKAII3<br>LEI: 254900JU2GC36CXYYG09 | Long             | EP               | CORP              | US        |       664 | NS      | $12558.44     | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| NATIONAL COLLEGIATE V COMMUTATION TRUST 2007-33A5                       | NATIONAL COLLEGIATE V COMMUTAT NCVCT 2007 33A5 1O 144A     | CUSIP: 63546CAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1097744 | PA      | $167809.94    | 0.24%             | 2038-03-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL TRUST                                                     | SVB FINL TR                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       440 | NS      | $28.60        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITI GROUP INC                                                         | UNITI GROUP INC COMMON STOCK USD.0001                      | CUSIP: 912932100<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |     20942 | NS      | $196435.96    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                     | CREDIT AGRICOLE SECURITIES (US REPO - 26May26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -753244 | PA      | $-754069.09   | -1.07%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP 2011-C3             | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2011 C3 XB 144A       | CUSIP: 46635TAR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  49718072 | PA      | $50488.70     | 0.07%             | 2046-02-15      | Fixed         | 0.38%                 | No            |                  3 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2007-AMC1                                    | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2007 AMC1 A2C          | CUSIP: 17311BAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    580983 | PA      | $216788.16    | 0.31%             | 2036-12-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| CONSECO FINANCE SECURITIZATION 2000-5                                   | CONSECO FINANCE SECURITIZATION CNF 2000 5 A6               | CUSIP: 20846QEQ7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    323802 | PA      | $55698.84     | 0.08%             | 2031-05-01      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ADJ RATE MTGE LOAN 2006-8                                    | STRUCTURED ADJUSTABLE RATE MOR SARM 2006 8 4A3             | CUSIP: 86361JAY6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7912 | PA      | $7294.24      | 0.01%             | 2036-09-25      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                | SERVICE PROPERTIES TRUST SR SECURED 144A 09/28 0.00000     | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91104.53     | 0.13%             | 2028-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | UBS SECURITIES LLC REPO - 08Apr26                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -756073 | PA      | $-764370.01   | -1.09%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                                  | VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR         | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |   1080000 | NS      | $1076101.20   | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | RFRF USD SF+26.161/1.5* 7/20/23-4Y* CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $-45763.77    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| CREDIT SUISSE MRTG CAPITAL CERT 2006-6                                  | CREDIT SUISSE MORTGAGE TRUST CSMC 2006 6 1A3               | CUSIP: 22942JAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    824855 | PA      | $352414.45    | 0.50%             | 2036-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2004-AR8                                              | WAMU MORTGAGE PASS THROUGH CER WAMU 2004 AR8 A3            | CUSIP: 92922FUP1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110726 | PA      | $112226.91    | 0.16%             | 2044-06-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                   | QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75         | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101641.50    | 0.14%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | THE BANK OF NYDBAG LONDON GLOB REPO - 12Jun26              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -505496 | PA      | $-506635.61   | -0.72%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                     | SG AMERICAS SECURITIES LLC REPO - 31Dec35                  | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |    -94244 | PA      | $-95386.98    | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| MNSN HOLDINGS INC                                                       | MNSN HOLDINGS INC COMMON STOCK                             | CUSIP: 55339C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       511 | NS      | $31682.00     | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                                                     | ABX.HE.AA.06-1 SP GST                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |         1 | NC      | $-111361.93   | -0.16%            |  |  |  | No            |                  3 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-3                                         | BEAR STEARNS ALT A TRUST BALTA 2006 3 23A1                 | CUSIP: 07386HL66<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    531663 | PA      | $499098.12    | 0.71%             | 2036-05-25      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2005-HE1                                   | MORGAN STANLEY CAPITAL INC MSAC 2005 HE1 M3                | CUSIP: 61744CKQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     35564 | PA      | $37050.29     | 0.05%             | 2034-12-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| EMC MORTGAGE LOAN TRUST 2002-B                                          | EMC MORTGAGE LOAN TRUST EMCM 2002 B A1 144A                | CUSIP: 268668BD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    126657 | PA      | $128200.83    | 0.18%             | 2041-02-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                              | PERFORMANCE FOOD GROUP I COMPANY GUAR 144A 09/32 6.125     | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100309.70    | 0.14%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SEC TRUST 2007-A1                                     | RESIDENTIAL ASSET SECURITIZATI RAST 2007 A1 A8             | CUSIP: 761136AH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    179903 | PA      | $54427.52     | 0.08%             | 2037-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TR 2007-OPT5                                 | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2007 OPT5 2A2          | CUSIP: 83613FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1315528 | PA      | $1039725.97   | 1.48%             | 2037-10-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MTGE INVESTORS 2004-A1                                    | MERRILL LYNCH MORTGAGE INVESTO MLMI 2004 A1 2A2            | CUSIP: 59020UAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1491 | PA      | $1427.36      | 0.00%             | 2034-02-25      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| STONEPEAK BAYOU HOLDINGS LP                                             | STONEPEAK BAYOU HOLDINGS LP TERM LOAN B                    | CUSIP: 86185AAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    400000 | PA      | $389666.00    | 0.55%             | 2032-10-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                     | NEW WINDSTREAM WARRANTS                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |     10163 | NC      | $95227.31     | 0.14%             |  |  |  | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-26

**Name of Applicant:** PCM Fund, Inc.

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer