# EDGAR Filing Document

**Accession Number:** 0001879238
**File Stem:** 0001752724-25-149655
**Filing Date:** 2025-6
**Character Count:** 108569
**Document Hash:** bdc4c094c9ca1cf47f12693f43ff4550
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-149655.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001752724-25-149655

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BondBloxx ETF Trust
- **CENTRAL INDEX KEY:** 0001879238

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23731
- **FILM NUMBER:** 251060219

**BUSINESS ADDRESS:**
- **STREET 1:** 35 MILLER AVENUE #145
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941
- **BUSINESS PHONE:** (800) 896-5089

**MAIL ADDRESS:**
- **STREET 1:** 35 MILLER AVENUE #145
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941

## Series and Classes Contracts Data

### BondBloxx USD High Yield Bond Financial & REIT Sector ETF (Series ID: S000074211)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000231818 | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | XHYF            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BondBloxx ETF Trust

- **b. Investment Company Act file number:** 811-23731

- **c. CIK number of Registrant:** 0001879238

- **d. LEI of Registrant:** 549300M0XBJH5H5NJQ95

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

  - **Street Address 1:** 700 Larkspur Landing Circle, Suite 250

  - **City:** Larkspur

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94939

  - **Telephone number:** 800-896-5089

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

- **a. Name of Series:** BondBloxx USD High Yield Bond Financial & REIT Sector ETF

- **b. EDGAR series identifier (if any):** S000074211

- **c. LEI of Series:** 549300M0XBJH5H5NJQ95

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $40137572.55

**Total Liabilities:** $12840.54

**Net Assets:** $40124732.01

**Cash Not Reported:** $141784.67

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** -6046.42143600 | **10-Year:** -6421.86731000 | **30-Year:** -237.93837900

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231818 | 0.80%                | -0.69%               | 0.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $22738.68                | $117600.90                                 |
| Month 2  | $33674.64                | $-792566.40                                |
| Month 3  | $185789.42               | $-720603.43                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITI GROUP/CSL 4.75% 04/15/28 | UNITI GROUP/CSL CAPITAL REGD 144A P/P 4.75000000      | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    113000 | PA      | $108248.55    | 0.27%             | 2028-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN  4.75% 06/15/29 | LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.75000000     | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $131269.26    | 0.33%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| JEFFERIES FIN LLC  5% 08/15/28 | JEFFERIES FIN LLC / JFIN REGD 144A P/P 5.00000000     | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $197456.29    | 0.49%             | 2028-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPER 8.625% 11/15/31 | SERVICE PROPERTIES TRUST REGD 144A P/P 8.62500000     | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    215000 | PA      | $228319.04    | 0.57%             | 2031-11-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATION 7.25% 06/15/30 | HUB INTERNATIONAL LTD REGD 144A P/P 7.25000000        | CUSIP: 44332PAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    695000 | PA      | $721349.54    | 1.80%             | 2030-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| OFFICE PPTY INCOME 9% 09/30/29 | OFFICE PPTY INCOME TRST REGD 144A P/P 9.00000000      | CUSIP: 67623CAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $89842.50     | 0.22%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNERSP 5% 10/15/27 | MPT OPER PARTNERSP/FINL REGD 5.00000000               | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $265272.40    | 0.66%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN  5.625% 07/15/32 | IRON MOUNTAIN INC REGD 144A P/P 5.62500000            | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126208.88    | 0.31%             | 2032-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/ 4.75% 10/15/27 | RHP HOTEL PPTY/RHP FINAN REGD SER WI 4.75000000       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $147341.56    | 0.37%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS L 6.625% 02/01/30 | UWM HOLDINGS LLC REGD 144A P/P 6.62500000             | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $168270.63    | 0.42%             | 2030-02-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HOWDEN UK REFIN 7.25% 02/15/31 | HOWDEN UK REFINANCE / US REGD 144A P/P 7.25000000     | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    220000 | PA      | $226169.46    | 0.56%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| HIGHTOWER HOLDI 6.75% 04/15/29 | HIGHTOWER HOLDING LLC REGD 144A P/P 6.75000000        | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     60000 | PA      | $57449.43     | 0.14%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC 2.75% 06/01/26       | BLOCK INC REGD 2.75000000                             | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    215000 | PA      | $210030.38    | 0.52%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN S 7.125% 11/15/30 | PENNYMAC FIN SVCS INC REGD 144A P/P 7.12500000        | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    135000 | PA      | $137405.84    | 0.34%             | 2030-11-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION IN 6.8% 01/24/30 | CONSTELLATION INSURC INC REGD 144A P/P 6.80000000     | CUSIP: 67740QAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $87365.60     | 0.22%             | 2030-01-24      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| WILTON RE LTD V/R /PERP/       | WILTON RE LTD REGD V/R /PERP/ 144A P/P 6.00000000     | CUSIP: 97263CAA9<br>LEI: 5493004VQ9VSL29MT373 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $84358.64     | 0.21%             | 2174-04-22      | Variable      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| FREEDOM MORTGAG 9.25% 02/01/29 | FREEDOM MORTGAGE HOLD REGD 144A P/P 9.25000000        | CUSIP: 35641AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $244695.60    | 0.61%             | 2029-02-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| VORNADO REALTY  2.15% 06/01/26 | VORNADO REALTY LP REGD 2.15000000                     | CUSIP: 929043AK3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $81979.58     | 0.20%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY FINAN 7.25% 02/02/33 | SYNCHRONY FINANCIAL REGD 7.25000000                   | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    160000 | PA      | $163274.66    | 0.41%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRI 4.375% 02/01/29 | ICAHN ENTERPRISES/FIN REGD SER WI 4.37500000          | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $125235.27    | 0.31%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY L 3.4% 06/01/31 | VORNADO REALTY LP REGD 3.40000000                     | CUSIP: 929043AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $63909.93     | 0.16%             | 2031-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL  6% 08/15/26 | JEFFERSON CAPITAL HOLDIN REGD 144A P/P 6.00000000     | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $69707.05     | 0.17%             | 2026-08-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERTI 5.5% 12/15/27 | SERVICE PROPERTIES TRUST REGD 5.50000000              | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     95000 | PA      | $90587.49     | 0.23%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFI 8.125% 02/15/32 | HOWDEN UK REFINANCE / US REGD 144A P/P 8.12500000     | CUSIP: 44287DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    100000 | PA      | $101568.82    | 0.25%             | 2032-02-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL ATLANTIC V/R 10/15/51   | GLOBAL ATLANTIC REGD V/R 144A P/P 4.70000000          | CUSIP: 37959GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $152115.52    | 0.38%             | 2051-10-15      | Variable      | 4.70%                 | Yes           |                  2 | On Loan: No      |
| HUDSON PACIFIC  4.65% 04/01/29 | HUDSON PACIFIC PROPERTIE REGD 4.65000000              | CUSIP: 44409MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $75312.48     | 0.19%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACUR 5% 05/01/28 | ACURIS FIN US/ACURIS FIN REGD 144A P/P 5.00000000     | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $66405.16     | 0.17%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PENNYMAC FIN SV 4.25% 02/15/29 | PENNYMAC FIN SVCS INC REGD 144A P/P 4.25000000        | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135504.31    | 0.34%             | 2029-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC /  4.25% 02/15/29 | ACRISURE LLC / FIN INC REGD 144A P/P 4.25000000       | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $140310.59    | 0.35%             | 2029-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OSAIC HOLDINGS 10.75% 08/01/27 | OSAIC HOLDINGS INC REGD 144A P/P 10.75000000          | CUSIP: 00791GAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $85267.50     | 0.21%             | 2027-08-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL GR V/R 12/15/51 | LIBERTY MUTUAL GROUP INC REGD V/R 144A P/P 4.12500000 | CUSIP: 53079EBM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $99200.43     | 0.25%             | 2051-12-15      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| HIGHTOWER HOLD 9.125% 01/31/30 | HIGHTOWER HOLDING LLC REGD 144A P/P 9.12500000        | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92140.20     | 0.23%             | 2030-01-31      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 6.875% 03/01/32  | FIRSTCASH INC REGD 144A P/P 6.87500000                | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112680.87    | 0.28%             | 2032-03-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 9.375% 07/25/30   | NAVIENT CORP REGD 9.37500000                          | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    105000 | PA      | $111772.08    | 0.28%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGA 9.125% 05/15/31 | FREEDOM MORTGAGE HOLD REGD 144A P/P 9.12500000        | CUSIP: 35641AAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $156910.69    | 0.39%             | 2031-05-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| MIDCAP FINANCI 5.625% 01/15/30 | MIDCAP FINANCIAL REGD 144A P/P 5.62500000             | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $74590.49     | 0.19%             | 2030-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CTR PARTNERSHI 3.875% 06/30/28 | CTR PARTNERSHIP/CARETRST REGD 144A P/P 3.87500000     | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $82770.69     | 0.21%             | 2028-06-30      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SBA COMMUNICAT 3.125% 02/01/29 | SBA COMMUNICATIONS CORP REGD SER WI 3.12500000        | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    320000 | PA      | $296827.01    | 0.74%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SLM CORP 3.125% 11/02/26       | SLM CORP REGD 3.12500000                              | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $111494.35    | 0.28%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEAS 3.75% 12/15/27 | GLOBAL NET LEASE/GLOBAL REGD 144A P/P 3.75000000      | CUSIP: 37892AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $98739.36     | 0.25%             | 2027-12-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| WALKER & DUNLO 6.625% 04/01/33 | WALKER & DUNLOP INC REGD 144A P/P 6.62500000          | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $86541.05     | 0.22%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| UNITED WHOLESAL 5.75% 06/15/27 | UNITED WHOLESALE MTGE LL REGD 144A P/P 5.75000000     | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    108000 | PA      | $106643.62    | 0.27%             | 2027-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 5.5% 03/15/29     | NAVIENT CORP REGD 5.50000000                          | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    160000 | PA      | $151660.02    | 0.38%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN IN 4.5% 02/15/31 | IRON MOUNTAIN INC REGD 144A P/P 4.50000000            | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    235000 | PA      | $217941.63    | 0.54%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| STONEX GROUP I 7.875% 03/01/31 | STONEX GROUP INC REGD 144A P/P 7.87500000             | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    115000 | PA      | $119838.29    | 0.30%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| DIVERSIFIED HEA 4.75% 02/15/28 | DIVERSIFIED HEALTHCARE T REGD 4.75000000              | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $94042.90     | 0.23%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PHH ESCROW ISS 9.875% 11/01/29 | PHH ESCROW ISS LCC/PHH C REGD 144A P/P 9.87500000     | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $101676.77    | 0.25%             | 2029-11-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| FREEDOM MORTGA 6.625% 01/15/27 | FREEDOM MORTGAGE CORP REGD 144A P/P 6.62500000        | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109287.27    | 0.27%             | 2027-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS 6.75% 08/15/32 | SHIFT4 PAYMENTS LLC/FIN REGD 144A P/P 6.75000000      | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $233460.85    | 0.58%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NECESS RETAIL/AF 4.5% 09/30/28 | NECESS RETAIL/AFIN OP LP REGD 144A P/P 4.50000000     | CUSIP: 02608AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $96265.80     | 0.24%             | 2028-09-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| UNICREDIT SPA V/R 06/30/35     | UNICREDIT SPA REGD V/R 144A P/P MTN 5.45900000        | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    317000 | PA      | $308682.80    | 0.77%             | 2035-06-30      | Variable      | 5.46%                 | Yes           |                  2 | On Loan: No      |
| INTESA SANPAOLO S V/R 06/01/32 | INTESA SANPAOLO SPA REGD V/R 144A P/P 4.19800000      | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    160000 | PA      | $143185.12    | 0.36%             | 2032-06-01      | Variable      | 4.20%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN  4.875% 09/15/27 | IRON MOUNTAIN INC REGD 144A P/P 4.87500000            | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    212000 | PA      | $209188.67    | 0.52%             | 2027-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ACURIS FIN US/ACUR 9% 08/01/29 | ACURIS FIN US/ACURIS FIN REGD 144A P/P 9.00000000     | CUSIP: 00511BAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $100603.13    | 0.25%             | 2029-08-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| LD HOLDINGS GR 6.125% 04/01/28 | LD HOLDINGS GROUP LLC REGD 144A P/P 6.12500000        | CUSIP: 521088AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $90656.21     | 0.23%             | 2028-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BURFORD CAPITAL 6.25% 04/15/28 | BURFORD CAPITAL GLBL FIN REGD 144A P/P 6.25000000     | CUSIP: 12116LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $79385.88     | 0.20%             | 2028-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| AG TTMT ESCROW 8.625% 09/30/27 | AG TTMT ESCROW ISSUER REGD 144A P/P 8.62500000        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $113403.73    | 0.28%             | 2027-09-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMED  5.875% 10/01/28 | PARK INTERMED HOLDINGS REGD 144A P/P 5.87500000       | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $146540.25    | 0.37%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 11.5% 03/15/31    | NAVIENT CORP REGD 11.50000000                         | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    105000 | PA      | $117252.98    | 0.29%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTAN 9.25% 12/15/28 | CREDIT ACCEPTANC REGD 144A P/P 9.25000000             | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $137547.67    | 0.34%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| BOOST NEWCO BORR 7.5% 01/15/31 | BOOST NEWCO BORROWER LLC REGD 144A P/P 7.50000000     | CUSIP: 36268NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $491131.14    | 1.22%             | 2031-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERT 4.75% 10/01/26 | SERVICE PROPERTIES TRUST REGD 4.75000000              | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     92000 | PA      | $89181.95     | 0.22%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MOBIUS MERGER SUB 9% 06/01/30  | MOBIUS MERGER SUB REGD 144A P/P 9.00000000            | CUSIP: 606950AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $88257.58     | 0.22%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPER 4.375% 02/15/30 | SERVICE PROPERTIES TRUST REGD 4.37500000              | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     80000 | PA      | $59724.10     | 0.15%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO- 3.875% 03/01/31 | ROCKETMTGE CO-ISSUER INC REGD 144A P/P 3.87500000     | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    264000 | PA      | $238867.28    | 0.60%             | 2031-03-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GR 7.125% 04/30/31 | JANE STREET GRP/JSG FIN REGD 144A P/P 7.12500000      | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $299321.20    | 0.75%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| FOCUS FINANCIAL 6.75% 09/15/31 | FOCUS FINANCIAL PARTNERS REGD 144A P/P 6.75000000     | CUSIP: 34417VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $216486.30    | 0.54%             | 2031-09-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DCLI BIDCO LLC 7.75% 11/15/29  | DCLI BIDCO LLC REGD 144A P/P 7.75000000               | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    105000 | PA      | $97925.65     | 0.24%             | 2029-11-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 6.75% 06/15/26    | NAVIENT CORP REGD 6.75000000                          | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106044.86    | 0.26%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/ 4.5% 11/15/29 | JANE STREET GRP/JSG FIN REGD 144A P/P 4.50000000      | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    138000 | PA      | $131507.97    | 0.33%             | 2029-11-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MTG H 6.5% 08/01/29 | NATIONSTAR MTG HLD INC REGD 144A P/P 6.50000000       | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $162778.18    | 0.41%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| XHR LP 4.875% 06/01/29         | XHR LP REGD 144A P/P 4.87500000                       | CUSIP: 98372MAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $98806.09     | 0.25%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANS & 5.5% 05/01/28 | FORTRESS TRANS & INFRAST REGD 144A P/P 5.50000000     | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    215000 | PA      | $211346.42    | 0.53%             | 2028-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD /  6.75% 10/15/27 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 6.75000000     | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $283248.83    | 0.71%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 4.625% 09/01/28  | FIRSTCASH INC REGD 144A P/P 4.62500000                | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101900.56    | 0.25%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VFH PARENT / VAL 7.5% 06/15/31 | VFH PARENT / VALOR CO REGD 144A P/P 7.50000000        | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $107884.77    | 0.27%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FIRSTCASH INC 5.625% 01/01/30  | FIRSTCASH INC REGD 144A P/P 5.62500000                | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    113000 | PA      | $111202.97    | 0.28%             | 2030-01-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| OFFICE PPTY INCOME 9% 03/31/29 | OFFICE PPTY INCOME TRST REGD 144A P/P 9.00000000      | CUSIP: 67623CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57650.00     | 0.14%             | 2029-03-31      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| BRANDYWINE OPER 4.55% 10/01/29 | BRANDYWINE OPER PARTNERS REGD 4.55000000              | CUSIP: 105340AP8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $68509.55     | 0.17%             | 2029-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| COBRA ACQUISIT 6.375% 11/01/29 | COBRA ACQUISITIONCO LLC REGD 144A P/P 6.37500000      | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $64408.54     | 0.16%             | 2029-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN I 5.25% 03/15/28 | IRON MOUNTAIN INC REGD 144A P/P 5.25000000            | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    175000 | PA      | $172452.16    | 0.43%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| STAR LEASING C 7.625% 02/15/30 | STAR LEASING CO LLC REGD 144A P/P 7.62500000          | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    150000 | PA      | $134754.06    | 0.34%             | 2030-02-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY  4.5% 04/01/27 | BROOKFIELD PPTY REIT INC REGD 144A P/P 4.50000000     | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $133054.50    | 0.33%             | 2027-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ARETEC GROUP INC 7.5% 04/01/29 | ARETEC GROUP INC REGD 144A P/P 7.50000000             | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78317.19     | 0.20%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| PENNYMAC FIN S 6.875% 02/15/33 | PENNYMAC FIN SVCS INC REGD 144A P/P 6.87500000        | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    180000 | PA      | $179973.86    | 0.45%             | 2033-02-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| JONES DESLAURIER 8.5% 03/15/30 | JONES DESLAURIERS INSURA REGD 144A P/P 8.50000000     | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    154000 | PA      | $162586.89    | 0.41%             | 2030-03-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANS & I 7% 06/15/32 | FORTRESS TRANS & INFRAST REGD 144A P/P 7.00000000     | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    170000 | PA      | $172448.51    | 0.43%             | 2032-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| TRUENOORD CAPIT 8.75% 03/01/30 | TRUENOORD CAPITAL DAC REGD 144A P/P 8.75000000        | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     80000 | PA      | $81808.81     | 0.20%             | 2030-03-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| FREEDOM MORTGA 7.625% 05/01/26 | FREEDOM MORTGAGE CORP REGD 144A P/P 7.62500000        | CUSIP: 35640YAH0<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104813.14    | 0.26%             | 2026-05-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| UNICREDIT SPA V/R 04/02/34     | UNICREDIT SPA REGD V/R 144A P/P MTN 7.29600000        | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    266000 | PA      | $278401.78    | 0.69%             | 2034-04-02      | Variable      | 7.30%                 | Yes           |                  2 | On Loan: No      |
| PANTHER ESCROW 7.125% 06/01/31 | PANTHER ESCROW ISSUER REGD 144A P/P 7.12500000        | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    640000 | PA      | $656217.60    | 1.64%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CPI CG INC 10% 07/15/29        | CPI CG INC REGD 144A P/P 10.00000000                  | CUSIP: 12598FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $64639.20     | 0.16%             | 2029-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| COMPASS GROUP D 5.25% 04/15/29 | COMPASS GROUP DIVERSIFIE REGD 144A P/P 5.25000000     | CUSIP: 20451RAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $200265.23    | 0.50%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| UNITED WHOLESALE 5.5% 04/15/29 | UNITED WHOLESALE MTGE LL REGD 144A P/P 5.50000000     | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    145000 | PA      | $140570.82    | 0.35%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERT 3.95% 01/15/28 | SERVICE PROPERTIES TRUST REGD 3.95000000              | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     82000 | PA      | $72399.62     | 0.18%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD 6.875% 05/15/30     | GOEASY LTD REGD 144A P/P SER 144* 6.87500000          | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |     83000 | PA      | $81035.52     | 0.20%             | 2030-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PAYSAFE FIN PLC/PA 4% 06/15/29 | PAYSAFE FIN PLC/PAYSAFE REGD 144A P/P 4.00000000      | CUSIP: 70452AAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     70000 | PA      | $65546.60     | 0.16%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC / FIN 6% 08/01/29 | ACRISURE LLC / FIN INC REGD 144A P/P 6.00000000       | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $106212.63    | 0.26%             | 2029-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| BRANDYWINE OPE 8.875% 04/12/29 | BRANDYWINE OPER PARTNERS REGD 8.87500000              | CUSIP: 105340AS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $94485.60     | 0.24%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN S 7.875% 12/15/29 | PENNYMAC FIN SVCS INC REGD 144A P/P 7.87500000        | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    160000 | PA      | $166971.55    | 0.42%             | 2029-12-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC 7% 02/15/29  | IRON MOUNTAIN INC REGD 144A P/P 7.00000000            | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    215000 | PA      | $221003.66    | 0.55%             | 2029-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| XHR LP 6.625% 05/15/30         | XHR LP REGD 144A P/P 6.62500000                       | CUSIP: 98372MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $83833.77     | 0.21%             | 2030-05-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIO 5.625% 12/01/29 | HUB INTERNATIONAL LTD REGD 144A P/P 5.62500000        | CUSIP: 44332PAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $112480.56    | 0.28%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| AMWINS GROUP I 6.375% 02/15/29 | AMWINS GROUP INC REGD 144A P/P 6.37500000             | CUSIP: 031921AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $156944.17    | 0.39%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/ 7.25% 07/15/28 | RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 7.25000000     | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $82280.64     | 0.21%             | 2028-07-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SHIFT4 PAYMENT 4.625% 11/01/26 | SHIFT4 PAYMENTS LLC/FIN REGD 144A P/P 4.62500000      | CUSIP: 82453AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $96735.37     | 0.24%             | 2026-11-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD 6% 01/15/27 | NATIONSTAR MTG HLD INC REGD 144A P/P 6.00000000       | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    127000 | PA      | $127162.94    | 0.32%             | 2027-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE  3.5% 01/15/27 | ONEMAIN FINANCE CORP REGD 3.50000000                  | CUSIP: 682691AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $158102.22    | 0.39%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSU 4% 10/15/33 | ROCKETMTGE CO-ISSUER INC REGD P/P 4.00000000          | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $155904.89    | 0.39%             | 2033-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| HUDSON PACIFIC  5.95% 02/15/28 | HUDSON PACIFIC PROPERTIE REGD 5.95000000              | CUSIP: 44409MAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $58557.44     | 0.15%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGA 12.25% 10/01/30 | FREEDOM MORTGAGE CORP REGD 144A P/P 12.25000000       | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    110000 | PA      | $121129.41    | 0.30%             | 2030-10-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| BROADSTREET PA 5.875% 04/15/29 | BROADSTREET PARTNERS INC REGD 144A P/P 5.87500000     | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    155000 | PA      | $149825.53    | 0.37%             | 2029-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC / F 8.5% 06/15/29 | ACRISURE LLC / FIN INC REGD 144A P/P 8.50000000       | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103407.80    | 0.26%             | 2029-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL IN V/R 01/17/40 | ALLY FINANCIAL INC REGD V/R 6.64600000                | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    105000 | PA      | $100081.94    | 0.25%             | 2040-01-17      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES 10% 11/15/29 | ICAHN ENTERPRISES/FIN REGD 144A P/P 10.00000000       | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $102802.59    | 0.26%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| DIEBOLD NIXDORF 7.75% 03/31/30 | DIEBOLD NIXDORF INC REGD 144A P/P 7.75000000          | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    205000 | PA      | $213941.90    | 0.53%             | 2030-03-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPE 4.375% 01/15/27 | STARWOOD PROPERTY TRUST REGD 144A P/P 4.37500000      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    105000 | PA      | $103087.85    | 0.26%             | 2027-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO- 2.875% 10/15/26 | ROCKETMTGE CO-ISSUER INC REGD P/P 2.87500000          | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $236636.66    | 0.59%             | 2026-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPERT 4.95% 02/15/27 | SERVICE PROPERTIES TRUST REGD 4.95000000              | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     85000 | PA      | $80888.76     | 0.20%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL 6.5% 05/01/28 | MIDCAP FINANCIAL ISSR TR REGD 144A P/P 6.50000000     | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $205523.70    | 0.51%             | 2028-05-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CREDIT ACCEPTA 6.625% 03/15/30 | CREDIT ACCEPTANC REGD 144A P/P 6.62500000             | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $103223.93    | 0.26%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL I 6.7% 02/14/33 | ALLY FINANCIAL INC REGD 6.70000000                    | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104353.47    | 0.26%             | 2033-02-14      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLD 7% 02/01/30 | PARK INTERMED HOLDINGS REGD 144A P/P 7.00000000       | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $120222.00    | 0.30%             | 2030-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ENOVA INTERNAT 9.125% 08/01/29 | ENOVA INTERNATIONAL INC REGD 144A P/P 9.12500000      | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $107509.08    | 0.27%             | 2029-08-01      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| DIVERSIFIED HE 4.375% 03/01/31 | DIVERSIFIED HEALTHCARE T REGD 4.37500000              | CUSIP: 25525PAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $81392.92     | 0.20%             | 2031-03-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD /  6.75% 04/15/28 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 6.75000000     | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    266000 | PA      | $268135.98    | 0.67%             | 2028-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| COINBASE GLOBA 3.625% 10/01/31 | COINBASE GLOBAL INC REGD 144A P/P 3.62500000          | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    155000 | PA      | $134654.93    | 0.34%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANS 5.875% 04/15/33 | FORTRESS TRANS & INFRAST REGD 144A P/P 5.87500000     | CUSIP: 34960PAH4<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95790.59     | 0.24%             | 2033-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MTG 7.125% 02/01/32 | NATIONSTAR MTG HLD INC REGD 144A P/P 7.12500000       | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $223254.50    | 0.56%             | 2032-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC 3.5% 06/01/31        | BLOCK INC REGD 3.50000000                             | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    212000 | PA      | $189440.76    | 0.47%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPER 7.25% 04/01/29 | STARWOOD PROPERTY TRUST REGD 144A P/P 7.25000000      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134975.71    | 0.34%             | 2029-04-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GGAM FINANCE LTD 8% 06/15/28   | GGAM FINANCE LTD REGD 144A P/P 8.00000000             | CUSIP: 36170JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    128000 | PA      | $134453.38    | 0.34%             | 2028-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPER 8.875% 06/15/32 | SERVICE PROPERTIES TRUST REGD 8.87500000              | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    105000 | PA      | $101608.50    | 0.25%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SLM CORP 6.5% 01/31/30         | SLM CORP REGD 6.50000000                              | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103320.00    | 0.26%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIO 7.375% 01/31/32 | HUB INTERNATIONAL LTD REGD 144A P/P 7.37500000        | CUSIP: 44332PAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $417501.10    | 1.04%             | 2032-01-31      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERT 6.5% 07/01/30 | STARWOOD PROPERTY TRUST REGD 144A P/P 6.50000000      | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105697.52    | 0.26%             | 2030-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ARETEC GROUP INC 10% 08/15/30  | ARETEC GROUP INC REGD 144A P/P 10.00000000            | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    155000 | PA      | $167090.31    | 0.42%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| RFNA LP 7.875% 02/15/30        | RFNA LP REGD 144A P/P 7.87500000                      | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98468.50     | 0.25%             | 2030-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| RLJ LODGING TRUST  4% 09/15/29 | RLJ LODGING TRUST LP REGD 144A P/P 4.00000000         | CUSIP: 74965LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $90474.40     | 0.23%             | 2029-09-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 6.625% 01/15/28 | ONEMAIN FINANCE CORP REGD 6.62500000                  | CUSIP: 85172FAQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $161261.95    | 0.40%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OXFORD FIN LLC 6.375% 02/01/27 | OXFORD FIN LLC/CO-ISS II REGD 144A P/P 6.37500000     | CUSIP: 69145LAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $84773.77     | 0.21%             | 2027-02-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| SERVICE PROPER 8.375% 06/15/29 | SERVICE PROPERTIES TRUST REGD 8.37500000              | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    150000 | PA      | $146844.02    | 0.37%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| COBRA ACQUISIT 12.25% 11/01/29 | COBRA ACQUISITIONCO LLC REGD 144A P/P 12.25000000     | CUSIP: 19106CAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $58196.82     | 0.15%             | 2029-11-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| OUTFRONT MEDIA 4.625% 03/15/30 | OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 4.62500000     | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    103000 | PA      | $95297.96     | 0.24%             | 2030-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ENOVA INTERNAT 11.25% 12/15/28 | ENOVA INTERNATIONAL INC REGD 144A P/P 11.25000000     | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |     85000 | PA      | $90951.96     | 0.23%             | 2028-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC /  8.25% 02/01/29 | ACRISURE LLC / FIN INC REGD 144A P/P 8.25000000       | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $204816.20    | 0.51%             | 2029-02-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/ 9% 06/15/30 | ICAHN ENTERPRISES/FIN REGD 9.00000000                 | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $151340.46    | 0.38%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC F V/R 10/15/54 | GLOBAL ATLANTIC FIN CO REGD V/R 144A P/P 7.95000000   | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $132342.47    | 0.33%             | 2054-10-15      | Variable      | 7.95%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 5.625% 08/01/33   | NAVIENT CORP REGD MTN 5.62500000                      | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    124000 | PA      | $106429.18    | 0.27%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG H 5.5% 08/15/28 | NATIONSTAR MTG HLD INC REGD 144A P/P 5.50000000       | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $179070.52    | 0.45%             | 2028-08-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 5% 03/15/27       | NAVIENT CORP REGD 5.00000000                          | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148626.54    | 0.37%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ACADIAN ASSET MA 4.8% 07/27/26 | ACADIAN ASSET MANAGEMENT REGD 4.80000000              | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58754.01     | 0.15%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE  7.5% 05/15/31 | ONEMAIN FINANCE CORP REGD 7.50000000                  | CUSIP: 682691AF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    159000 | PA      | $161411.20    | 0.40%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD /  4.25% 10/15/27 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 4.25000000     | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162000 | PA      | $156473.71    | 0.39%             | 2027-10-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRIS 6.25% 05/15/26 | ICAHN ENTERPRISES/FIN REGD SER WI 6.25000000          | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    153000 | PA      | $152576.88    | 0.38%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGA 8.375% 04/01/32 | FREEDOM MORTGAGE HOLD REGD 144A P/P 8.37500000        | CUSIP: 35641AAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $137062.10    | 0.34%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| ROCKETMTGE CO- 3.625% 03/01/29 | ROCKETMTGE CO-ISSUER INC REGD 144A P/P 3.62500000     | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $148959.78    | 0.37%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CO 4% 09/15/30 | ONEMAIN FINANCE CORP REGD 4.00000000                  | CUSIP: 682691AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    182000 | PA      | $161586.87    | 0.40%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERT 4.95% 10/01/29 | SERVICE PROPERTIES TRUST REGD 4.95000000              | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $78597.42     | 0.20%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP 8.875% 02/15/32 | ARDONAGH GROUP FINANCE REGD 144A P/P 8.87500000       | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    325000 | PA      | $331777.03    | 0.83%             | 2032-02-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| INTESA SANPAOLO S V/R 06/01/42 | INTESA SANPAOLO SPA REGD V/R 144A P/P 4.95000000      | CUSIP: 46115HBS5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    160000 | PA      | $124180.92    | 0.31%             | 2042-06-01      | Variable      | 4.95%                 | Yes           |                  2 | On Loan: No      |
| APOLLO CMMRL R 4.625% 06/15/29 | APOLLO CMMRL REAL EST FI REGD 144A P/P 4.62500000     | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |    102000 | PA      | $94300.07     | 0.24%             | 2029-06-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / 7.375% 10/01/32 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 7.37500000     | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $141653.68    | 0.35%             | 2032-10-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| PEBBLEBROOK HO 6.375% 10/15/29 | PEBBLEBROOK HOTEL/FINANC REGD 144A P/P 6.37500000     | CUSIP: 70510LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $78647.13     | 0.20%             | 2029-10-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| RLJ LODGING TRU 3.75% 07/01/26 | RLJ LODGING TRUST LP REGD 144A P/P 3.75000000         | CUSIP: 74965LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $107951.07    | 0.27%             | 2026-07-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| COMPASS GROUP DIVE 5% 01/15/32 | COMPASS GROUP DIVERSIFIE REGD 144A P/P 5.00000000     | CUSIP: 20451RAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $58241.53     | 0.15%             | 2032-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD 7.625% 07/01/29     | GOEASY LTD REGD 144A P/P 7.62500000                   | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    130000 | PA      | $131184.56    | 0.33%             | 2029-07-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC 5% 07/15/28  | IRON MOUNTAIN INC REGD 144A P/P 5.00000000            | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    105000 | PA      | $102773.86    | 0.26%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN I 6.25% 01/15/33 | IRON MOUNTAIN INC REGD 144A P/P 6.25000000            | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    255000 | PA      | $254763.03    | 0.63%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GGAM FINANCE L 5.875% 03/15/30 | GGAM FINANCE LTD REGD 144A P/P 5.87500000             | CUSIP: 36170JAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     85000 | PA      | $84620.05     | 0.21%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN  4.875% 09/15/29 | IRON MOUNTAIN INC REGD 144A P/P 4.87500000            | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    215000 | PA      | $207315.41    | 0.52%             | 2029-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ASSURANT INC V/R 03/27/48      | ASSURANT INC REGD V/R 7.00000000                      | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84638.15     | 0.21%             | 2048-03-27      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO 5% 07/15/32 | IRON MOUNTAIN INFO MGMT REGD 144A P/P 5.00000000      | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    154000 | PA      | $144052.26    | 0.36%             | 2032-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 6.625% 05/15/29 | ONEMAIN FINANCE CORP REGD 6.62500000                  | CUSIP: 682691AH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $195812.18    | 0.49%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARMOR HOLDCO INC 8.5% 11/15/29 | ARMOR HOLDCO INC REGD 144A P/P 8.50000000             | CUSIP: 04625PAA9<br>LEI: 254900X6HLK0YPTHHF09 | Long             | DBT              | CORP              | US        |     70000 | PA      | $64519.92     | 0.16%             | 2029-11-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA BUY 6.375% 02/15/32 | CALIFORNIA BUYER/ATLANTI REGD 144A P/P 6.37500000     | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    160000 | PA      | $157299.14    | 0.39%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION  6.625% 05/01/31 | CONSTELLATION INSURC INC REGD P/P 6.62500000          | CUSIP: 67740QAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $54839.71     | 0.14%             | 2031-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| UNITI GRP/UNITI HL 6% 01/15/30 | UNITI GRP/UNITI HLD/CSL REGD 144A P/P 6.00000000      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $134332.98    | 0.33%             | 2030-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRIS 9.75% 01/15/29 | ICAHN ENTERPRISES/FIN REGD 9.75000000                 | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148237.50    | 0.37%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNER 3.5% 03/15/31 | MPT OPER PARTNERSP/FINL REGD 3.50000000               | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    273000 | PA      | $181209.37    | 0.45%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEAS 8.75% 09/01/27 | GLOBAL AIR LEASE CO LTD REGD 144A P/P 8.75000000      | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    235000 | PA      | $234442.37    | 0.58%             | 2027-09-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY 5.75% 05/15/26 | BROOKFIELD PPTY REIT INC REGD 144A P/P 5.75000000     | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $178492.95    | 0.44%             | 2026-05-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SBA COMMUNICAT 3.875% 02/15/27 | SBA COMMUNICATIONS CORP REGD 3.87500000               | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    316000 | PA      | $309399.55    | 0.77%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JANE STREET GR 6.125% 11/01/32 | JANE STREET GRP/JSG FIN REGD 144A P/P 6.12500000      | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $344319.40    | 0.86%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| PROVIDENT FDG/P 9.75% 09/15/29 | PROVIDENT FDG/PFG FIN REGD 144A P/P 9.75000000        | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $87397.85     | 0.22%             | 2029-09-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| AZORRA FINANCE 7.75% 04/15/30  | AZORRA FINANCE REGD 144A P/P 7.75000000               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    115000 | PA      | $114268.60    | 0.28%             | 2030-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| COINBASE GLOBA 3.375% 10/01/28 | COINBASE GLOBAL INC REGD 144A P/P 3.37500000          | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    215000 | PA      | $198063.38    | 0.49%             | 2028-10-01      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| LFS TOPCO LLC 5.875% 10/15/26  | LFS TOPCO LLC REGD 144A P/P 5.87500000                | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $57476.27     | 0.14%             | 2026-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| BANC OF CALIFORNI V/R 05/01/31 | BANC OF CALIFORNIA REGD V/R 3.25000000                | CUSIP: 69506YSC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $80314.80     | 0.20%             | 2031-05-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC 8.875% 01/31/30  | PRA GROUP INC REGD 144A P/P 8.87500000                | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    115000 | PA      | $118579.99    | 0.30%             | 2030-01-31      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPE 3.625% 07/15/26 | STARWOOD PROPERTY TRUST REGD 144A P/P 3.62500000      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83044.78     | 0.21%             | 2026-07-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN  4.25% 02/01/27 | LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.25000000     | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $126772.84    | 0.32%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ENCORE CAPITAL  9.25% 04/01/29 | ENCORE CAPITAL GROUP INC REGD 144A P/P 9.25000000     | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    105000 | PA      | $110968.20    | 0.28%             | 2029-04-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 5.375% 11/15/29 | ONEMAIN FINANCE CORP REGD 5.37500000                  | CUSIP: 85172FAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $148363.68    | 0.37%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORT 7.75% 12/01/29 | BLACKSTONE MORTGAGE TR REGD 144A P/P 7.75000000       | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |     95000 | PA      | $98769.03     | 0.25%             | 2029-12-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FREEDOM MORTGAGE  12% 10/01/28 | FREEDOM MORTGAGE CORP REGD 144A P/P 12.00000000       | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    170000 | PA      | $182406.43    | 0.45%             | 2028-10-01      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| OUTFRONT MEDIA 7.375% 02/15/31 | OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 7.37500000     | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $99560.57     | 0.25%             | 2031-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| OUTFRONT MEDIA  4.25% 01/15/29 | OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 4.25000000     | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $102283.32    | 0.25%             | 2029-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| BLACKSTONE MORT 3.75% 01/15/27 | BLACKSTONE MORTGAGE TR REGD 144A P/P 3.75000000       | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |     72000 | PA      | $68498.18     | 0.17%             | 2027-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MTG  5.75% 11/15/31 | NATIONSTAR MTG HLD INC REGD 144A P/P 5.75000000       | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $125596.88    | 0.31%             | 2031-11-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 3.875% 09/15/28 | ONEMAIN FINANCE CORP REGD 3.87500000                  | CUSIP: 682691AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    128000 | PA      | $118559.96    | 0.30%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC 5% 10/01/29      | PRA GROUP INC REGD 144A P/P 5.00000000                | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     72000 | PA      | $65669.13     | 0.16%             | 2029-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| OFFICE PPTY INC 3.25% 03/15/27 | OFFICE PPTY INCOME TRST REGD 144A P/P 3.25000000      | CUSIP: 67623CAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97310 | PA      | $77977.17     | 0.19%             | 2027-03-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| BURFORD CAPITAL 9.25% 07/01/31 | BURFORD CAPITAL GLBL FIN REGD 144A P/P 9.25000000     | CUSIP: 12116LAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $152945.28    | 0.38%             | 2031-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| EZCORP INC 7.375% 04/01/32     | EZCORP INC REGD 144A P/P 7.37500000                   | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |     65000 | PA      | $68210.36     | 0.17%             | 2032-04-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| APH/APH2/APH3/ 7.875% 11/01/29 | APH/APH2/APH3/AQUARIAN REGD 144A P/P 7.87500000       | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $156379.20    | 0.39%             | 2029-11-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ENCORE CAPITAL G 8.5% 05/15/30 | ENCORE CAPITAL GROUP INC REGD 144A P/P 8.50000000     | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    105000 | PA      | $109031.60    | 0.27%             | 2030-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| UNICREDIT SPA V/R 06/19/32     | UNICREDIT SPA REGD V/R 144A P/P 5.86100000            | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    212000 | PA      | $212911.68    | 0.53%             | 2032-06-19      | Variable      | 5.86%                 | Yes           |                  2 | On Loan: No      |
| GGAM FINANCE L 6.875% 04/15/29 | GGAM FINANCE LTD REGD 144A P/P 6.87500000             | CUSIP: 36170JAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     80000 | PA      | $81896.56     | 0.20%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRIS 5.25% 05/15/27 | ICAHN ENTERPRISES/FIN REGD SER WI 5.25000000          | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $294370.61    | 0.73%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AG ISSUER LLC 6.25% 03/01/28   | AG ISSUER LLC REGD 144A P/P 6.25000000                | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $103557.73    | 0.26%             | 2028-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 7.875% 03/15/30 | ONEMAIN FINANCE CORP REGD 7.87500000                  | CUSIP: 682691AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $155100.75    | 0.39%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER 3.95% 11/15/27 | BRANDYWINE OPER PARTNERS REGD 3.95000000              | CUSIP: 105340AQ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $89625.84     | 0.22%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LT 7.75% 05/15/26 | GGAM FINANCE LTD REGD 144A P/P 7.75000000             | CUSIP: 36170JAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     85000 | PA      | $86020.09     | 0.21%             | 2026-05-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| BALDWIN INSUR  7.125% 05/15/31 | BALDWIN INSUR GRP/FIN REGD 144A P/P 7.12500000        | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $127314.75    | 0.32%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ACI WORLDWIDE I 5.75% 08/15/26 | ACI WORLDWIDE INC REGD 144A P/P 5.75000000            | CUSIP: 004498AB7<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84721.32     | 0.21%             | 2026-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FTAI INFRA ESC  10.5% 06/01/27 | FTAI INFRA ESC HLDGS LLC REGD 144A P/P 10.50000000    | CUSIP: 30327TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $129854.13    | 0.32%             | 2027-06-01      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/R 4.5% 02/15/29 | RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 4.50000000     | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    127000 | PA      | $121653.54    | 0.30%             | 2029-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PRA GROUP INC 8.375% 02/01/28  | PRA GROUP INC REGD 144A P/P 8.37500000                | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |     87000 | PA      | $87924.38     | 0.22%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNERS  7.5% 02/15/32 | ASSUREDPARTNERS INC REGD 144A P/P 7.50000000          | CUSIP: 04624VAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $117032.41    | 0.29%             | 2032-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN LLL 7% 07/15/31 | LADDER CAP FIN LLLP/CORP REGD 144A P/P 7.00000000     | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $107987.78    | 0.27%             | 2031-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / C 6.5% 10/01/31 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 6.50000000     | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $219823.93    | 0.55%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANS & I 7% 05/01/31 | FORTRESS TRANS & INFRAST REGD 144A P/P 7.00000000     | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152674.80    | 0.38%             | 2031-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL G 4.3% 02/01/61 | LIBERTY MUTUAL GROUP INC REGD 144A P/P 4.30000000     | CUSIP: 53079EBL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $106066.06    | 0.26%             | 2061-02-01      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| TEXAS CAPITAL BAN V/R 05/06/31 | TEXAS CAPITAL BANCSHARES REGD V/R 4.00000000          | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71366.18     | 0.18%             | 2031-05-06      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP 5% 08/15/27 | OUTFRONT MEDIA CAP LLC/C REGD 144A P/P 5.00000000     | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $134365.83    | 0.33%             | 2027-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HUDSON PACIFIC  3.95% 11/01/27 | HUDSON PACIFIC PROPERTIE REGD 3.95000000              | CUSIP: 44409MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $73934.74     | 0.18%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SV 5.75% 09/15/31 | PENNYMAC FIN SVCS INC REGD 144A P/P 5.75000000        | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    105000 | PA      | $100113.03    | 0.25%             | 2031-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMED  4.875% 05/15/29 | PARK INTERMED HOLDINGS REGD 144A P/P 4.87500000       | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $149951.70    | 0.37%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 4.875% 03/15/28   | NAVIENT CORP REGD 4.87500000                          | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    110000 | PA      | $105899.32    | 0.26%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN  6.625% 10/15/31 | JEFFERIES FIN LLC / JFIN REGD 144A P/P 6.62500000     | CUSIP: 47232MAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $102976.46    | 0.26%             | 2031-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| STANDARD CHARTERED  V/R /PERP/ | STANDARD CHARTERED PLC REGD V/R /PERP/ P/P 7.01400000 | CUSIP: 853254AB6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    160000 | PA      | $162118.40    | 0.40%             | 2174-01-30      | Variable      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| BRANDYWINE OPER  8.3% 03/15/28 | BRANDYWINE OPER PARTNERS REGD 8.30000000              | CUSIP: 105340AR4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $72420.96     | 0.18%             | 2028-03-15      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP 8% 04/01/29 | RITHM CAPITAL CORP REGD 144A P/P 8.00000000           | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    165000 | PA      | $164882.72    | 0.41%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANS 7.875% 12/01/30 | FORTRESS TRANS & INFRAST REGD 144A P/P 7.87500000     | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    105000 | PA      | $109874.73    | 0.27%             | 2030-12-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PLANET FINANCIA 10.5% 12/15/29 | PLANET FINANCIAL GROUP REGD 144A P/P 10.50000000      | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $93804.90     | 0.23%             | 2029-12-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| BURFORD CAPITA 6.875% 04/15/30 | BURFORD CAPITAL GLBL FIN REGD 144A P/P 6.87500000     | CUSIP: 12116LAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     78000 | PA      | $77912.37     | 0.19%             | 2030-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| ACRISURE LLC / F 7.5% 11/06/30 | ACRISURE LLC / FIN INC REGD 144A P/P 7.50000000       | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $234497.88    | 0.58%             | 2030-11-06      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE 6.75% 03/15/32 | ONEMAIN FINANCE CORP REGD 6.75000000                  | CUSIP: 682691AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $117849.60    | 0.29%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITA 9.5% 02/15/29 | JEFFERSON CAPITAL HOLDIN REGD 144A P/P 9.50000000     | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $83934.96     | 0.21%             | 2029-02-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTNER 8.5% 02/15/32 | MPT OPER PARTNERSP/FINL REGD 144A P/P 8.50000000      | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $325376.96    | 0.81%             | 2032-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 7.125% 11/15/31 | ONEMAIN FINANCE CORP REGD 7.12500000                  | CUSIP: 682691AG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $160822.40    | 0.40%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| WEX INC 6.5% 03/15/33          | WEX INC REGD 144A P/P 6.50000000                      | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    115000 | PA      | $111937.99    | 0.28%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| LIBERTY MUTUAL G 7.8% 03/15/37 | LIBERTY MUTUAL GROUP INC REGD P/P 7.80000000          | CUSIP: 53079EAN4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $106465.25    | 0.27%             | 2037-03-15      | Fixed         | 7.80%                 | Yes           |                  2 | On Loan: No      |
| GGAM FINANCE LTD 8% 02/15/27   | GGAM FINANCE LTD REGD 144A P/P 8.00000000             | CUSIP: 36170JAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    150000 | PA      | $154132.50    | 0.38%             | 2027-02-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| RHP HOTEL PPTY/R 6.5% 04/01/32 | RHP HOTEL PPTY/RHP FINAN REGD 144A P/P 6.50000000     | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $214496.43    | 0.53%             | 2032-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| PROSPECT CAPIT 3.364% 11/15/26 | PROSPECT CAPITAL CORP REGD 3.36400000                 | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |     70000 | PA      | $65630.01     | 0.16%             | 2026-11-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| PROSPECT CAPIT 3.437% 10/15/28 | PROSPECT CAPITAL CORP REGD 3.43700000                 | CUSIP: 74348TAW2<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52533.59     | 0.13%             | 2028-10-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| VALLEY NATIONAL B V/R 06/15/31 | VALLEY NATIONAL BANCORP REGD V/R 3.00000000           | CUSIP: 919794AE7<br>LEI: 549300ET52S1UBIB9762 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59054.02     | 0.15%             | 2031-06-15      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PARTN 4.625% 08/01/29 | MPT OPER PARTNERSP/FINL REGD 4.62500000               | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    192000 | PA      | $146470.73    | 0.37%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP I 4.875% 06/30/29 | AMWINS GROUP INC REGD 144A P/P 4.87500000             | CUSIP: 031921AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $162467.73    | 0.40%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| UNITI GROUP/CSL 10.5% 02/15/28 | UNITI GROUP/CSL CAPITAL REGD 144A P/P 10.50000000     | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    590000 | PA      | $626922.20    | 1.56%             | 2028-02-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| BLOCK INC 6.5% 05/15/32        | BLOCK INC REGD 144A P/P 6.50000000                    | CUSIP: 852234AR4<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    425000 | PA      | $434150.25    | 1.08%             | 2032-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CO 9% 01/15/29 | ONEMAIN FINANCE CORP REGD 9.00000000                  | CUSIP: 682695AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $151097.06    | 0.38%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL H V/R 06/15/35 | BREAD FINANCIAL HLDGS REGD V/R 144A P/P 8.37500000    | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |     85000 | PA      | $79582.29     | 0.20%             | 2035-06-15      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: No      |
| RYAN SPECIALTY 5.875% 08/01/32 | RYAN SPECIALTY REGD 144A P/P 5.87500000               | CUSIP: 78351GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $252087.11    | 0.63%             | 2032-08-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| RYAN SPECIALTY 4.375% 02/01/30 | RYAN SPECIALTY GROUP REGD 144A P/P 4.37500000         | CUSIP: 78351MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $80734.70     | 0.20%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LD HOLDINGS GRO 8.75% 11/01/27 | LD HOLDINGS GROUP LLC REGD 144A P/P 8.75000000        | CUSIP: 521088AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     69000 | PA      | $63046.22     | 0.16%             | 2027-11-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| JONES DESLAURIE 10.5% 12/15/30 | JONES DESLAURIERS INSURA REGD 144A P/P 10.50000000    | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    105000 | PA      | $113046.47    | 0.28%             | 2030-12-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| NATIONSTAR MTG 5.125% 12/15/30 | NATIONSTAR MTG HLD INC REGD 144A P/P 5.12500000       | CUSIP: 63861CAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $140526.19    | 0.35%             | 2030-12-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| POPULAR INC 7.25% 03/13/28     | POPULAR INC REGD 7.25000000                           | CUSIP: 733174AL0<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |     85000 | PA      | $87876.66     | 0.22%             | 2028-03-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL  6.5% 02/15/29 | UNITI GROUP/CSL CAPITAL REGD 144A P/P 6.50000000      | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    242000 | PA      | $221690.15    | 0.55%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| PROG HOLDINGS INC 6% 11/15/29  | PROG HOLDINGS INC REGD 144A P/P 6.00000000            | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119971.92    | 0.30%             | 2029-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DRESDNER FNDG  8.151% 06/30/31 | DRESDNER FNDG TRUST I REGD P/P 8.15100000             | CUSIP: 26156FAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $234524.34    | 0.58%             | 2031-06-30      | Fixed         | 8.15%                 | Yes           |                  2 | On Loan: No      |
| ALLIANT HOLD / CO- 7% 01/15/31 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 7.00000000     | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $314928.18    | 0.78%             | 2031-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNER 5.625% 01/15/29 | ASSUREDPARTNERS INC REGD 144A P/P 5.62500000          | CUSIP: 04624VAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $114726.94    | 0.29%             | 2029-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| BREAD FINANCIAL 9.75% 03/15/29 | BREAD FINANCIAL HLDGS REGD 144A P/P 9.75000000        | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    195000 | PA      | $205308.43    | 0.51%             | 2029-03-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN I 5.25% 07/15/30 | IRON MOUNTAIN INC REGD 144A P/P 5.25000000            | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    275000 | PA      | $266774.72    | 0.66%             | 2030-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ARDONAGH FINCO  7.75% 02/15/31 | ARDONAGH FINCO LTD REGD 144A P/P 7.75000000           | CUSIP: 039853AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    225000 | PA      | $229254.54    | 0.57%             | 2031-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| GOEASY LTD 9.25% 12/01/28      | GOEASY LTD REGD 144A P/P 9.25000000                   | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $120498.15    | 0.30%             | 2028-12-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| USI INC/NY 7.5% 01/15/32       | USI INC/NY REGD 144A P/P 7.50000000                   | CUSIP: 90346KAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $134425.08    | 0.34%             | 2032-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| HUDSON PACIFIC  3.25% 01/15/30 | HUDSON PACIFIC PROPERTIE REGD 3.25000000              | CUSIP: 44409MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $59683.50     | 0.15%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / 5.875% 11/01/29 | ALLIANT HOLD / CO-ISSUER REGD 144A P/P 5.87500000     | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     92000 | PA      | $88898.35     | 0.22%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| STARWOOD PROPERTY  6% 04/15/30 | STARWOOD PROPERTY TRUST REGD 144A P/P 6.00000000      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84099.71     | 0.21%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** BondBloxx ETF Trust

**Signature:** Tony Kelly

**Name of Signer:** Tony Kelly

**Title:** Treasurer