# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001410368-25-043475
**Filing Date:** 2025-12
**Character Count:** 213432
**Document Hash:** 2f2b240df20d68cef5f77918c8ac6f32
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043475.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043475

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 251606899

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares AAA CLO Active ETF (Series ID: S000079064)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000239899 | iShares AAA CLO Active ETF |  |

## Nport-Ex

October 31, 2025

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

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **BlackRock ETF Trust II** |
| • iShares AAA CLO Active ETF \| CLOA \| NASDAQ |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Asset-Backed Securities** | **Asset-Backed Securities** | **Asset-Backed Securities** |
| &nbsp;&nbsp;&nbsp; 1988 CLO 5 Ltd., 5.44%, 07/15/37, (3-mo. CME Term <br> SOFR +1.54%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $2500 | $2507787 |
| &nbsp;&nbsp;&nbsp; 37 Capital CLO 3 Ltd., 5.40%, 07/15/38, (3-mo. CME <br> Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003652 |
| 522 Funding CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 04/15/35, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6160 | 6164930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.75%, 04/15/35, (3-mo. CME Term SOFR <br> +1.85%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2501066 |
| &nbsp;&nbsp;&nbsp; 720 East CLO IV Ltd., 5.50%, 04/15/37, (3-mo. CME <br> Term SOFR +1.60%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2006625 |
| 720 East CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 01/20/38, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1460 | 1463407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 04/15/38, (3-mo. CME Term SOFR <br> +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10085 | 10115138 |
| &nbsp;&nbsp;&nbsp; 720 East CLO VIII Ltd., 5.39%, 07/20/38, (3-mo. CME <br> Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006968 |
| &nbsp;&nbsp;&nbsp; AB BSL CLO 2 Ltd., 5.27%, 04/15/34, (3-mo. CME Term <br> SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4700 | 4702350 |
| &nbsp;&nbsp;&nbsp; AB BSL CLO 3 Ltd., 5.13%, 04/20/38, (3-mo. CME Term <br> SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5005545 |
| &nbsp;&nbsp;&nbsp; AGL CLO 12 Ltd., 5.31%, 07/20/34, (3-mo. CME Term <br> SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5102 | 5102000 |
| &nbsp;&nbsp;&nbsp; AGL CLO 29 Ltd., 5.44%, 04/21/37, (3-mo. CME Term <br> SOFR +1.57%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1925 | 1930963 |
| &nbsp;&nbsp;&nbsp; AGL CLO 37 Ltd., 5.10%, 04/22/38, (3-mo. CME Term <br> SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10298 | 10315433 |
| &nbsp;&nbsp;&nbsp; AGL Clo 40 Ltd., 5.10%, 07/22/38, (3-mo. CME Term <br> SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2003460 |
| &nbsp;&nbsp;&nbsp; AGL CLO 42 Ltd., 5.57%, 07/22/38, (3-mo. CME Term <br> SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7775 | 7790208 |
| &nbsp;&nbsp;&nbsp; AGL CLO 43 Ltd., 5.24%, 09/10/38, (3-mo. CME Term <br> SOFR +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3500 | 3505264 |
| &nbsp;&nbsp;&nbsp; AGL CLO 7 Ltd., 5.15%, 10/15/38, (3-mo. CME Term <br> SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2560 | 2564772 |
| &nbsp;&nbsp;&nbsp; AGL Core CLO 15 Ltd., 5.30%, 01/20/35, (3-mo. CME <br> Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4003466 |
| &nbsp;&nbsp;&nbsp; AGL Core CLO 2 Ltd., 5.34%, 07/20/37, (3-mo. CME <br> Term SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003469 |
| &nbsp;&nbsp;&nbsp; AGL Core CLO 38 Ltd., 5.10%, 01/22/38, (3-mo. CME <br> Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2504108 |
| &nbsp;&nbsp;&nbsp; AGL Core CLO 8 Ltd., 5.21%, 01/20/38, (3-mo. CME <br> Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1920 | 1925082 |
| &nbsp;&nbsp;&nbsp; AIMCO CLO, 5.19%, 10/17/37, (3-mo. CME Term SOFR <br> +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5009580 |
| &nbsp;&nbsp;&nbsp; AIMCO CLO 10 Ltd., 5.27%, 07/22/37, (3-mo. CME Term <br> SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002314 |
| &nbsp;&nbsp;&nbsp; AIMCO CLO 11 Ltd., 5.22%, 07/17/37, (3-mo. CME Term <br> SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1800 | 1804672 |
| &nbsp;&nbsp;&nbsp; Aimco CLO 15 Ltd., 5.08%, 04/17/38, (3-mo. CME Term <br> SOFR +1.20%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5007815 |
| &nbsp;&nbsp;&nbsp; Allegro CLO XIII Ltd., 5.22%, 07/20/38, (3-mo. CME <br> Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7513 | 7530624 |
| &nbsp;&nbsp;&nbsp; Allegro CLO XIV Ltd., 5.24%, 10/15/37, (3-mo. CME <br> Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2506434 |
| &nbsp;&nbsp;&nbsp; Allegro CLO XV Ltd., 5.06%, 04/20/38, (3-mo. CME <br> Term SOFR +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1568 | 1568157 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 23 Ltd., 5.27%, 07/17/38, (3-mo. CME Term <br> SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4200 | 4209940 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 25 Ltd., 5.20%, 10/15/38, (3-mo. CME Term <br> SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 900 | 902314 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 27 Ltd., 4.96%, 01/20/37, (3-mo. CME Term <br> SOFR +1.08%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6850 | 6843825 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; AMMC CLO 28 Ltd., 5.43%, 07/20/37, (3-mo. CME Term <br> SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $2390 | $2396573 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 31 Ltd., 5.19%, 02/20/38, (3-mo. CME Term <br> SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006203 |
| &nbsp;&nbsp;&nbsp; AMMC CLO 32 Ltd., 5.56%, 10/17/38, (3-mo. CME Term <br> SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006575 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 15 Ltd., 5.62%, 07/20/38, (3-mo. <br> CME Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5014379 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 17 Ltd., 5.13%, 02/15/38, (3-mo. <br> CME Term SOFR +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2002520 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 19 Ltd., 5.25%, 10/15/38, (3-mo. <br> CME Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007030 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital Clo 20 Ltd., 4.98%, 01/20/35, (3-mo. <br> CME Term SOFR +1.10%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 999431 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 24 Ltd., 5.33%, 07/15/37, (3-mo. <br> CME Term SOFR +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007626 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 25 Ltd., 5.27%, 04/20/35, (3-mo. <br> CME Term SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000595 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 31 Ltd., 5.16%, 10/20/38, (3-mo. <br> CME Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 2997713 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 6 Ltd., 5.64%, 07/22/38, (3-mo. <br> CME Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004427 |
| &nbsp;&nbsp;&nbsp; Anchorage Capital CLO 7 Ltd., 5.42%, 04/28/37, (3-mo. <br> CME Term SOFR +1.56%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2005956 |
| &nbsp;&nbsp;&nbsp; Apidos CLO LII Ltd., 5.01%, 04/20/38, (3-mo. CME Term <br> SOFR +1.13%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 1998678 |
| &nbsp;&nbsp;&nbsp; Apidos CLO LIII, 5.20%, 07/20/38, (3-mo. CME Term <br> SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5012616 |
| &nbsp;&nbsp;&nbsp; Apidos Clo LIV, 5.47%, 10/20/38, (3-mo. CME Term <br> SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007957 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXI, 5.27%, 04/15/31, (3-mo. CME Term <br> SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 924 | 923753 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXIV, 5.30%, 01/20/35, (3-mo. CME Term <br> SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4750 | 4754143 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXIX Ltd., 5.40%, 10/21/38, (3-mo. CME <br> Term SOFR +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001218 |
| &nbsp;&nbsp;&nbsp; Apidos CLO XXXVII, 5.25%, 10/22/34, (3-mo. CME Term <br> SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3250 | 3252041 |
| &nbsp;&nbsp;&nbsp; ARES Loan Funding III Ltd., 5.13%, 07/25/36, (3-mo. <br> CME Term SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1250 | 1250313 |
| &nbsp;&nbsp;&nbsp; ARES Loan Funding VIII Ltd., 5.12%, 01/24/38, (3-mo. <br> CME Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10017960 |
| &nbsp;&nbsp;&nbsp; Ares LVI CLO Ltd., 5.11%, 01/25/38, (3-mo. CME Term <br> SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2003620 |
| &nbsp;&nbsp;&nbsp; ARES XXXIX CLO Ltd., 5.30%, 07/18/37, (3-mo. CME <br> Term SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8020688 |
| &nbsp;&nbsp;&nbsp; Arini U.S. Clo II Ltd., 5.69%, 03/31/38, (3-mo. CME Term <br> SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5230 | 5240952 |
| Bain Capital Credit CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/21/38, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 07/25/37, (3-mo. CME Term SOFR <br> +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4355 | 4364416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.12%, 07/19/34, (3-mo. CME Term SOFR <br> +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000459 |
| Ballyrock CLO 14 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 07/20/37, (3-mo. CME Term SOFR <br> +1.70%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 07/20/37, (3-mo. CME Term SOFR <br> +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3345 | 3353827 |
| &nbsp;&nbsp;&nbsp; Ballyrock CLO 25 Ltd., 5.04%, 01/25/38, (3-mo. CME <br> Term SOFR +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000071 |
| &nbsp;&nbsp;&nbsp; Ballyrock CLO 26 Ltd., 5.37%, 07/25/37, (3-mo. CME <br> Term SOFR +1.51%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003580 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| Ballyrock CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.70%, 10/20/31, (3-mo. CME Term SOFR <br> +1.81%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $3000 | $3002242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/25/38, (3-mo. CME Term SOFR <br> +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3184 | 3187020 |
| &nbsp;&nbsp;&nbsp; Barings CLO Ltd., 5.24%, 10/15/38, (3-mo. CME Term <br> SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10014800 |
| &nbsp;&nbsp;&nbsp; BBAM U.S. CLO I Ltd., 5.10%, 03/30/38, (3-mo. CME <br> Term SOFR +1.20%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2002302 |
| &nbsp;&nbsp;&nbsp; Beechwood Park CLO Ltd., 5.18%, 01/17/35, (3-mo. <br> CME Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3002101 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO 43 Ltd., 5.19%, <br> 10/20/38, (3-mo. CME Term SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5008834 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO IV Ltd., 5.20%, <br> 10/20/38, (3-mo. CME Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 14500 | 14521512 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XVIII Ltd., 5.14%, <br> 10/15/38, (3-mo. CME Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3002664 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XX Ltd., 5.19%, <br> 07/15/37, (3-mo. CME Term SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5009000 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXI Ltd. Series 2020 21A, <br> Class A1R, 5.34%, 10/15/34, (3-mo. CME Term SOFR <br> +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 9999966 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXVI Ltd., 5.26%, <br> 07/20/37, (3-mo. CME Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002534 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXVII Ltd., 5.25%, <br> 10/20/37, (3-mo. CME Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2506662 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXXIII Ltd., 5.61%, <br> 01/25/36, (3-mo. CME Term SOFR +1.75%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004412 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXXVII Ltd., 5.21%, <br> 01/25/38, (3-mo. CME Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6250 | 6264481 |
| &nbsp;&nbsp;&nbsp; Benefit Street Partners CLO XXXVIII Ltd., 5.17%, <br> 01/25/38, (3-mo. CME Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5010750 |
| &nbsp;&nbsp;&nbsp; Birch Grove Clo 11 Ltd., 5.61%, 01/22/38, (3-mo. CME <br> Term SOFR +1.75%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001953 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 2 Ltd., 5.28%, 10/19/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3005625 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 3 Ltd., 5.14%, 01/19/38, (3-mo. CME <br> Term SOFR +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6000 | 6010884 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 4 Ltd., 5.38%, 07/15/37, (3-mo. CME <br> Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6160 | 6180967 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 5 Ltd., 5.29%, 10/20/37, (3-mo. CME <br> Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2506808 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 8 Ltd., 5.51%, 04/20/37, (3-mo. CME <br> Term SOFR +1.63%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5210 | 5230171 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO 9 Ltd., 5.26%, 10/22/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2305 | 2310761 |
| &nbsp;&nbsp;&nbsp; Birch Grove CLO Ltd., 5.47%, 07/17/37, (3-mo. CME <br> Term SOFR +1.59%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5017465 |
| &nbsp;&nbsp;&nbsp; BlueMountain CLO XXXII Ltd., 5.00%, 10/15/34, (3-mo. <br> CME Term SOFR +1.10%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5150 | 5147470 |
| &nbsp;&nbsp;&nbsp; BlueMountain CLO XXXV Ltd., 5.28%, 10/22/37, (3-mo. <br> CME Term SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 13550 | 13587550 |
| Brant Point CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.83%, 07/20/37, (3-mo. CME Term SOFR <br> +1.95%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1700 | 1702491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.71%, 07/25/38, (3-mo. CME Term SOFR <br> +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4800 | 4810467 |
| &nbsp;&nbsp;&nbsp; Bridge Street CLO I Ltd., 5.43%, 07/20/37, (3-mo. CME <br> Term SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008679 |
| &nbsp;&nbsp;&nbsp; Bridge Street CLO Ltd., 5.10%, 04/20/38, (3-mo. CME <br> Term SOFR +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2002646 |
| &nbsp;&nbsp;&nbsp; Bridge Street CLO VI Ltd., 1.00%, 01/15/39, (3-mo. CME <br> Term SOFR +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3500 | 3473792 |
| &nbsp;&nbsp;&nbsp; Bryant Park CLO Ltd., 5.53%, 07/20/38, (3-mo. CME <br> Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8019416 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| Bryant Park Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.52%, 04/15/37, (3-mo. CME Term SOFR <br> +1.62%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $1920 | $1926525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.78%, 05/15/37, (3-mo. CME Term SOFR <br> +1.57%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2507269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 10/15/37, (3-mo. CME Term SOFR <br> +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1350 | 1352670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 01/18/38, (3-mo. CME Term SOFR <br> +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.18%, 10/18/38, (3-mo. CME Term SOFR <br> +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3005186 |
| &nbsp;&nbsp;&nbsp; Buckhorn Park CLO Ltd., 4.95%, 07/18/34, (3-mo. CME <br> Term SOFR +1.07%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2770 | 2768935 |
| &nbsp;&nbsp;&nbsp; Canyon Capital CLO Ltd., 5.08%, 04/15/38, (3-mo. CME <br> Term SOFR +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2500231 |
| &nbsp;&nbsp;&nbsp; Canyon CLO Ltd., 5.00%, 10/15/34, (3-mo. CME Term <br> SOFR +1.10%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 1998200 |
| Carlyle U.S. CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 04/15/35, (3-mo. CME Term SOFR <br> +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3002890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 04/20/37, (3-mo. CME Term SOFR <br> +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10030124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.29%, 04/15/35, (3-mo. CME Term SOFR <br> +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.94%, 01/25/35, (3-mo. CME Term SOFR <br> +1.08%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5350 | 5347135 |
| &nbsp;&nbsp;&nbsp; CarVal CLO I Ltd., 5.12%, 07/16/31, (3-mo. CME Term <br> SOFR +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 744 | 744110 |
| CarVal CLO IX-C Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 04/20/37, (3-mo. CME Term SOFR <br> +1.68%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3750 | 3764867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.98%, 04/20/37, (3-mo. CME Term SOFR + <br> 2.10%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001697 |
| &nbsp;&nbsp;&nbsp; CarVal CLO VC Ltd., 5.37%, 10/15/34, (3-mo. CME Term <br> SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 945 | 945493 |
| &nbsp;&nbsp;&nbsp; CarVal CLO VII-C Ltd., 5.32%, 07/20/37, (3-mo. CME <br> Term SOFR +1.44%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1520 | 1524256 |
| &nbsp;&nbsp;&nbsp; Carval CLO VIII-C Ltd., 5.28%, 10/22/37, (3-mo. CME <br> Term SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5013477 |
| &nbsp;&nbsp;&nbsp; Carval CLO X-C Ltd., 5.34%, 07/20/37, (3-mo. CME <br> Term SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1750 | 1755169 |
| &nbsp;&nbsp;&nbsp; CarVal CLO XI C Ltd., 5.27%, 10/20/37, (3-mo. CME <br> Term SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7650 | 7667639 |
| &nbsp;&nbsp;&nbsp; Cayuga Park CLO Ltd., 5.26%, 07/17/34, (3-mo. CME <br> Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4740 | 4741647 |
| &nbsp;&nbsp;&nbsp; CBAMR Ltd., 5.24%, 10/20/38, (3-mo. CME Term SOFR <br> +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10550 | 10568384 |
| &nbsp;&nbsp;&nbsp; Cedar Funding XIV CLO Ltd., 5.28%, 10/15/37, (3-mo. <br> CME Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2005752 |
| CIFC Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 10/20/34, (3-mo. CME Term SOFR <br> +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 750 | 750459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 04/20/34, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3540 | 3541096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 07/23/37, (3-mo. CME Term SOFR <br> +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.32%, 07/15/36, (3-mo. CME Term SOFR <br> +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3001828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/18/38, (3-mo. CME Term SOFR <br> +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2330 | 2335825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 01/15/38, (3-mo. CME Term SOFR <br> +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.01%, 04/23/38, (3-mo. CME Term SOFR <br> +1.15%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1499243 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 10/24/37, (3-mo. CME Term SOFR <br> +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $5000 | $5012674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.35%, 07/21/37, (3-mo. CME Term SOFR <br> +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1505461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 04/18/37, (3-mo. CME Term SOFR <br> +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2006692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.10%, 01/17/38, (3-mo. CME Term SOFR <br> +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5005425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 04/17/35, (3-mo. CME Term SOFR <br> +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3500 | 3503172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 03/31/38, (3-mo. CME Term SOFR <br> +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4141 | 4139216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/15/38, (3-mo. CME Term SOFR <br> +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.37%, 10/19/38, (3-mo. CME Term SOFR <br> +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7010428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series 2021 6A, Class A, 5.31%, 10/15/34, (3-mo. <br> CME Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4002484 |
| &nbsp;&nbsp;&nbsp; Clover CLO LLC, 5.29%, 07/15/37, (3-mo. CME Term <br> SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2005437 |
| &nbsp;&nbsp;&nbsp; Creeksource Dunes Creek CLO Ltd., 5.31%, <br> 01/15/38, (3-mo. CME Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008607 |
| &nbsp;&nbsp;&nbsp; Crown City CLO I, 5.53%, 07/20/38, (3-mo. CME Term <br> SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5011228 |
| &nbsp;&nbsp;&nbsp; Crown Point CLO 9 Ltd., 5.36%, 07/14/34, (3-mo. CME <br> Term SOFR +1.45%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2000222 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 1 Ltd., 5.29%, 10/15/37, (3-mo. <br> CME Term SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4200 | 4212156 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 10 Ltd., 5.19%, 04/20/38, (3-mo. <br> CME Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3750 | 3756806 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 2 Ltd., 5.29%, 10/15/37, (3-mo. <br> CME Term SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7300 | 7320309 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 3 Ltd., 5.23%, 01/15/38, (3-mo. <br> CME Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6831 | 6846486 |
| &nbsp;&nbsp;&nbsp; Diameter Capital Clo 6 Ltd., 5.51%, 04/15/37, (3-mo. <br> CME Term SOFR +1.61%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003458 |
| Diameter Capital CLO 7 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.36%, 07/20/37, (3-mo. CME Term SOFR <br> +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4012570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.73%, 07/20/37, (3-mo. CME Term SOFR <br> +1.85%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1300 | 1304047 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 8 Ltd., 5.28%, 10/20/37, (3-mo. <br> CME Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004005 |
| &nbsp;&nbsp;&nbsp; Diameter Capital CLO 9 Ltd., 5.05%, 04/20/38, (3-mo. <br> CME Term SOFR +1.17%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 4997004 |
| &nbsp;&nbsp;&nbsp; Dryden 83 CLO Ltd., 5.41%, 04/18/37, (3-mo. CME Term <br> SOFR +1.53%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1270 | 1273677 |
| &nbsp;&nbsp;&nbsp; Eaton Vance CLO Ltd., 5.24%, 10/15/38, (3-mo. CME <br> Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5011794 |
| &nbsp;&nbsp;&nbsp; Elevation Clo 2021-15 Ltd., 5.16%, 01/25/35, (3-mo. <br> CME Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1600 | 1601033 |
| &nbsp;&nbsp;&nbsp; Elevation CLO Ltd., 5.62%, 07/25/38, (3-mo. CME Term <br> SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006864 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 19 Ltd., 5.15%, 10/17/38, (3-mo. CME <br> Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5005000 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 22 Ltd., 5.08%, 04/17/38, (3-mo. CME <br> Term SOFR +1.20%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7010199 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 24 Ltd., 5.20%, 01/17/38, (3-mo. CME <br> Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5173 | 5184137 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 26 Ltd., 5.38%, 04/18/37, (3-mo. CME <br> Term SOFR + 1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2508331 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 29 Ltd., 5.40%, 04/20/37, (3-mo. CME <br> Term SOFR +1.52%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5014295 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 31 Ltd., 5.23%, 07/17/37, (3-mo. CME <br> Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4009594 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; Elmwood CLO 40 Ltd., 5.12%, 03/22/38, (3-mo. CME <br> Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $10500 | $10517477 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO I Ltd., 5.40%, 04/20/37, (3-mo. CME Term <br> SOFR +1.52%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6000 | 6017794 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO II Ltd., 5.23%, 10/20/37, (3-mo. CME <br> Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2506033 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO IV Ltd., 5.34%, 04/18/37, (3-mo. CME <br> Term SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003379 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO VIII Ltd., 5.43%, 04/20/37, (3-mo. CME <br> Term SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4012096 |
| &nbsp;&nbsp;&nbsp; Elmwood CLO XII Ltd., 5.26%, 10/15/37, (3-mo. CME <br> Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1010 | 1012497 |
| &nbsp;&nbsp;&nbsp; Flatiron CLO 20 Ltd., 5.26%, 11/20/38, (3-mo. CME Term <br> SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5005346 |
| &nbsp;&nbsp;&nbsp; Flatiron CLO 25 Ltd., 5.23%, 10/17/37, (3-mo. CME <br> Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3650 | 3658754 |
| &nbsp;&nbsp;&nbsp; Fort Greene Park CLO LLC, 4.81%, 04/22/34, (3-mo. <br> CME Term SOFR +0.95%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8375 | 8366641 |
| &nbsp;&nbsp;&nbsp; Fort Washington CLO Ltd., 5.37%, 10/20/34, (3-mo. <br> CME Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7250 | 7254487 |
| &nbsp;&nbsp;&nbsp; Galaxy 35 Clo Ltd., 5.06%, 04/20/38, (3-mo. CME Term <br> SOFR +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1050 | 1049990 |
| &nbsp;&nbsp;&nbsp; Generate CLO 11 Ltd., 5.29%, 10/20/37, (3-mo. CME <br> Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2005458 |
| &nbsp;&nbsp;&nbsp; Generate CLO 12 Ltd., 5.61%, 07/20/38, (3-mo. CME <br> Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5500 | 5513109 |
| &nbsp;&nbsp;&nbsp; Generate CLO 13 Ltd., 5.67%, 01/20/37, (3-mo. CME <br> Term SOFR +1.80%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4009340 |
| &nbsp;&nbsp;&nbsp; Generate CLO 15 Ltd., 5.45%, 07/20/37, (3-mo. CME <br> Term SOFR +1.57%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9180 | 9206080 |
| &nbsp;&nbsp;&nbsp; Generate CLO 17 Ltd., 5.26%, 10/22/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1503591 |
| &nbsp;&nbsp;&nbsp; Generate CLO 8 Ltd., 5.26%, 01/20/38, (3-mo. CME <br> Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008636 |
| &nbsp;&nbsp;&nbsp; Generate CLO 9 Ltd., 5.23%, 01/20/38, (3-mo. CME <br> Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006754 |
| &nbsp;&nbsp;&nbsp; GoldenTree Loan Management U.S. CLO 16 Ltd., <br> 5.00%, 01/20/38, (3-mo. CME Term SOFR <br> +1.12%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2498378 |
| &nbsp;&nbsp;&nbsp; GoldenTree Loan Management U.S. CLO 22 Ltd., <br> 5.21%, 10/20/37, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002333 |
| &nbsp;&nbsp;&nbsp; GoldentTree Loan Management U.S. CLO 1 Ltd., 5.38%, <br> 04/20/37, (3-mo. CME Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3675 | 3687255 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 41B-R Ltd., 5.21%, <br> 07/20/38, (3-mo. CME Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4400 | 4410769 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 55B Ltd., 6.05%, <br> 10/20/38, (3-mo. CME Term SOFR +1.90%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1503925 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 58B-R Ltd., 5.51%, <br> 10/25/37, (3-mo. CME Term SOFR +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6150 | 6158123 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 66B Ltd., 5.31%, <br> 07/25/38, (3-mo. CME Term SOFR + 1.45%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7023313 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 72 B Ltd., 5.41%, <br> 04/25/37, (3-mo. CME Term SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1320 | 1324021 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 74 B Ltd., 5.36%, <br> 07/25/37, (3-mo. CME Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3500 | 3513058 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 76 B Ltd., 5.23%, <br> 10/25/37, (3-mo. CME Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008109 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 77 B Ltd., 5.11%, <br> 01/25/38, (3-mo. CME Term SOFR + 1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1502696 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 79B Ltd., 5.05%, <br> 04/20/38, (3-mo. CME Term SOFR +1.17%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 1998805 |
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO 81 B Ltd., 5.64%, <br> 07/20/38, (3-mo. CME Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006973 |
| &nbsp;&nbsp;&nbsp; HalseyPoint CLO 3 Ltd., 5.32%, 07/30/37, (3-mo. CME <br> Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1240 | 1244235 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; HalseyPoint CLO 4 Ltd., 5.37%, 04/20/34, (3-mo. CME <br> Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $6730 | $6730378 |
| &nbsp;&nbsp;&nbsp; Halseypoint Clo 5 Ltd., 5.31%, 01/30/35, (3-mo. CME <br> Term SOFR +1.47%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1250 | 1250745 |
| &nbsp;&nbsp;&nbsp; HalseyPoint CLO 6 Ltd., 5.93%, 01/20/38, (3-mo. CME <br> Term SOFR +2.05%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003552 |
| &nbsp;&nbsp;&nbsp; Halseypoint CLO 7 Ltd., 5.33%, 07/20/38, (3-mo. CME <br> Term SOFR + 1.45%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1505202 |
| &nbsp;&nbsp;&nbsp; Harriman Park CLO Ltd., 5.18%, 07/20/38, (3-mo. CME <br> Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5009753 |
| &nbsp;&nbsp;&nbsp; ICG U.S. CLO I Ltd., 5.26%, 07/18/38, (3-mo. CME Term <br> SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006815 |
| &nbsp;&nbsp;&nbsp; ICG U.S. CLO Ltd., 5.30%, 07/25/38, (3-mo. CME Term <br> SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5012120 |
| &nbsp;&nbsp;&nbsp; KKR CLO 35 Ltd., 5.08%, 01/20/38, (3-mo. CME Term <br> SOFR + 1.20%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2841 | 2842423 |
| &nbsp;&nbsp;&nbsp; KKR CLO 50 Ltd., 5.43%, 04/20/37, (3-mo. CME Term <br> SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5014773 |
| &nbsp;&nbsp;&nbsp; KKR CLO 58 Ltd., 5.27%, 10/15/38, (3-mo. CME Term <br> SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3700 | 3708451 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LIX Ltd., 5.38%, 04/18/37, (3-mo. <br> CME Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1750 | 1756471 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LV Ltd., 5.24%, 07/18/37, (3-mo. <br> CME Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2396 | 2401837 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LVIII Ltd., 5.37%, <br> 04/25/37, (3-mo. CME Term SOFR +1.51%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002852 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LX Ltd., 5.23%, 10/25/37, (3-mo. <br> CME Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5013509 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LXI Ltd., 5.61%, 01/20/37, (3-mo. <br> CME Term SOFR +1.73%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1775 | 1781145 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding LXVII Ltd., 5.37%, <br> 04/25/37, (3-mo. CME Term SOFR +1.51%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4007 | 4018702 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XL-R Ltd., 5.25%, <br> 10/16/38, (3-mo. CME Term SOFR +1.29%)<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5011625 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XLVIII Ltd., 5.30%, <br> 04/19/33, (3-mo. CME Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 785 | 784852 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XXX Ltd., 5.25%, <br> 07/16/37, (3-mo. CME Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2600 | 2605857 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XXXIII Ltd., 5.19%, <br> 10/15/32, (3-mo. CME Term SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6255 | 6258642 |
| &nbsp;&nbsp;&nbsp; Madison Park Funding XXXVII Ltd., 6.50%, <br> 04/15/37, (3-mo. CME Term SOFR + 2.60%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1508319 |
| &nbsp;&nbsp;&nbsp; Marble Point CLO XIX Ltd., 5.44%, 10/19/38, (3-mo. <br> CME Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10017042 |
| &nbsp;&nbsp;&nbsp; Marble Point CLO XVII Ltd., 5.32%, 07/20/37, (3-mo. <br> CME Term SOFR +1.44%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6200 | 6217282 |
| &nbsp;&nbsp;&nbsp; Marble Point CLO XVIII Ltd., 5.11%, 03/15/38, (3-mo. <br> CME Term SOFR +1.21%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2200 | 2202367 |
| &nbsp;&nbsp;&nbsp; MidOcean Credit CLO XIX, 5.33%, 07/20/36, (3-mo. <br> CME Term SOFR +1.45%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2375 | 2381652 |
| &nbsp;&nbsp;&nbsp; Midocean Credit CLO XV Ltd., 5.40%, 07/21/37, (3-mo. <br> CME Term SOFR +1.53%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3009468 |
| &nbsp;&nbsp;&nbsp; MidOcean Credit CLO XVIII LLC, 5.49%, <br> 10/18/35, (3-mo. CME Term SOFR +1.17%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3000669 |
| &nbsp;&nbsp;&nbsp; Midocean Credit Clo XXI, 5.12%, 10/20/38, (3-mo. CME <br> Term SOFR +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2000000 |
| &nbsp;&nbsp;&nbsp; Milford Park CLO Ltd., 5.04%, 01/20/38, (3-mo. CME <br> Term SOFR +1.16%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1980 | 1979267 |
| &nbsp;&nbsp;&nbsp; MP CLO VIII Ltd., 5.32%, 04/28/34, (3-mo. CME Term <br> SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4500 | 4502617 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman CLO XXI Ltd., 5.20%, <br> 01/20/39, (3-mo. CME Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2505430 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 33 Ltd., 5.11%, <br> 04/16/39, (3-mo. CME Term SOFR +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1350 | 1352166 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 36R Ltd., 5.55%, <br> 07/20/39, (3-mo. CME Term SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7010883 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers Clo 40 Ltd., 5.33%, <br> 10/16/37, (3-mo. CME Term SOFR +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $5000 | $5005625 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 45 Ltd., 4.97%, <br> 10/14/36, (3-mo. CME Term SOFR +1.06%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 2998500 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers CLO 46 Ltd., 5.38%, <br> 01/20/37, (3-mo. CME Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 998699 |
| &nbsp;&nbsp;&nbsp; Neuberger Berman Loan Advisers NBLA CLO 52 Ltd., <br> 5.22%, 10/24/38, (3-mo. CME Term SOFR <br> +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007325 |
| &nbsp;&nbsp;&nbsp; New Mountain 3 Ltd., 5.21%, 10/20/38, (3-mo. CME <br> Term SOFR + 1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7250 | 7269303 |
| &nbsp;&nbsp;&nbsp; New Mountain 8 Ltd., 5.13%, 10/20/38, (3-mo. CME <br> Term SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5000000 |
| &nbsp;&nbsp;&nbsp; New Mountain CLO 2 Ltd., 5.26%, 01/15/38, (3-mo. <br> CME Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5014251 |
| &nbsp;&nbsp;&nbsp; New Mountain CLO 5 Ltd., 5.13%, 07/20/36, (3-mo. <br> CME Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2503402 |
| Oaktree CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 04/20/37, (3-mo. CME Term SOFR + <br> 1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6440 | 6459044 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 01/20/38, (3-mo. CME Term SOFR <br> +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007607 |
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO XIV Ltd., 5.22%, 01/20/38, (3-mo. <br> CME Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002251 |
| OCP CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.41%, 04/18/37, (3-mo. CME Term SOFR <br> +1.53%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4900 | 4914236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.51%, 04/20/37, (3-mo. CME Term SOFR <br> +1.63%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6000 | 6021641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 11/26/37, (3-mo. CME Term SOFR <br> +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/21/38, (3-mo. CME Term SOFR <br> +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2630 | 2636310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 01/20/38, (3-mo. CME Term SOFR <br> +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4006852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.17%, 01/26/38, (3-mo. CME Term SOFR <br> +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5150 | 5159852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.23%, 10/20/37, (3-mo. CME Term SOFR <br> +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/20/37, (3-mo. CME Term SOFR <br> +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8020486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.16%, 07/26/38, (3-mo. CME Term SOFR <br> +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5010105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/20/37, (3-mo. CME Term SOFR <br> +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5012475 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.56%, 10/24/38, (3-mo. CME Term SOFR <br> +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1825 | 1829538 |
| &nbsp;&nbsp;&nbsp; Octagon 55 Ltd., 5.23%, 03/20/38, (3-mo. CME Term <br> SOFR +1.26%)<sup>(a)(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2001994 |
| &nbsp;&nbsp;&nbsp; Octagon 66 Ltd., 5.94%, 11/16/36, (3-mo. CME Term <br> SOFR +1.75%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1750 | 1756053 |
| &nbsp;&nbsp;&nbsp; Octagon 75 Ltd., 5.06%, 01/22/38, (3-mo. CME Term <br> SOFR +1.20%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2250 | 2252682 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners 46 Ltd., 5.33%, <br> 07/15/36, (3-mo. CME Term SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4002012 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners 47 Ltd., 5.14%, <br> 01/22/38, (3-mo. CME Term SOFR +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3005534 |
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners XVI Ltd., 5.74%, <br> 07/17/30, (3-mo. CME Term SOFR +1.86%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 2999993 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 17 Ltd., 5.36%, 04/20/37, (3-mo. <br> CME Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4700 | 4716019 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 2 Ltd., 5.11%, 01/21/38, (3-mo. <br> CME Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8750 | 8763912 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 21 Ltd., 5.20%, 10/20/38, (3-mo. <br> CME Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8018433 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 3 Ltd., 5.20%, 01/20/38, (3-mo. <br> CME Term SOFR + 1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $12930 | $12957722 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 4 Ltd., 5.15%, 01/22/38, (3-mo. <br> CME Term SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3294 | 3300578 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 6 Ltd., 5.21%, 10/20/37, (3-mo. <br> CME Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2500 | 2506605 |
| &nbsp;&nbsp;&nbsp; OHA Credit Funding 7 Ltd., 5.16%, 07/19/38, (3-mo. <br> CME Term SOFR +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 13750 | 13772070 |
| &nbsp;&nbsp;&nbsp; OHA Credit Partners XIII Ltd., 5.25%, 10/21/37, (3-mo. <br> CME Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3700 | 3710556 |
| &nbsp;&nbsp;&nbsp; OHA Credit Partners XVI, 5.23%, 10/18/37, (3-mo. CME <br> Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5050 | 5062158 |
| &nbsp;&nbsp;&nbsp; OHA Credit Partners XVII Ltd., 5.20%, 01/18/38, (3-mo. <br> CME Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1778 | 1781792 |
| OHA Loan Funding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 07/20/37, (3-mo. CME Term SOFR + <br> 1.70%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1800 | 1803770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/19/38, (3-mo. CME Term SOFR <br> +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9000 | 9014135 |
| &nbsp;&nbsp;&nbsp; Onex CLO Subsidiary Ltd., 5.38%, 07/20/37, (3-mo. <br> CME Term SOFR +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003662 |
| &nbsp;&nbsp;&nbsp; Palmer Square CLO 2021-3 Ltd., 5.19%, <br> 10/15/38, (3-mo. CME Term SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3550 | 3555325 |
| Palmer Square CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.86%, 11/15/36, (3-mo. CME Term SOFR <br> +1.65%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2930 | 2939925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.86%, 11/15/36, (3-mo. CME Term SOFR <br> +2.65%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2011065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 10/20/37, (3-mo. CME Term SOFR <br> +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.58%, 07/20/37, (3-mo. CME Term SOFR <br> +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4007331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.21%, 10/20/38, (3-mo. CME Term SOFR <br> +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5860 | 5868786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.36%, 08/14/38, (3-mo. CME Term SOFR <br> +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3850 | 3856689 |
| Park Blue CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.34%, 07/25/37, (3-mo. CME Term SOFR <br> +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1750 | 1755606 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.30%, 07/20/37, (3-mo. CME Term SOFR <br> +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2840 | 2847100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.20%, 01/25/38, (3-mo. CME Term SOFR <br> +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1935 | 1939455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.08%, 04/25/38, (3-mo. CME Term SOFR <br> +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3004058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.36%, 04/20/37, (3-mo. CME Term SOFR <br> +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3009928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.43%, 10/20/38, (3-mo. CME Term SOFR <br> +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002010 |
| &nbsp;&nbsp;&nbsp; Pikes Peak CLO 11 Ltd., 5.26%, 07/25/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1225 | 1227649 |
| &nbsp;&nbsp;&nbsp; Pikes Peak CLO 12 Ltd., 5.10%, 04/20/38, (3-mo. CME <br> Term SOFR +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7009579 |
| &nbsp;&nbsp;&nbsp; Pikes Peak CLO 16 Ltd., 5.32%, 07/25/37, (3-mo. CME <br> Term SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1795 | 1801188 |
| &nbsp;&nbsp;&nbsp; Pikes Peak CLO 18, 5.10%, 04/20/38, (3-mo. CME Term <br> SOFR +1.22%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10012561 |
| &nbsp;&nbsp;&nbsp; Post CLO Ltd., 5.48%, 04/20/37, (3-mo. CME Term <br> SOFR +1.60%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5500 | 5518608 |
| &nbsp;&nbsp;&nbsp; Post CLO VI Ltd., 5.30%, 01/20/38, (3-mo. CME Term <br> SOFR +1.42%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6350 | 6368555 |
| &nbsp;&nbsp;&nbsp; Rad CLO 14 Ltd., 5.34%, 01/15/35, (3-mo. CME Term <br> SOFR +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1041 | 1041750 |
| &nbsp;&nbsp;&nbsp; Rad CLO 15 Ltd., 5.24%, 07/20/40, (3-mo. CME Term <br> SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006946 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; Rad CLO 22 Ltd., 5.71%, 01/20/37, (3-mo. CME Term <br> SOFR +1.83%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $7760 | $7778770 |
| &nbsp;&nbsp;&nbsp; RAD CLO 27 Ltd., 5.22%, 01/15/38, (3-mo. CME Term <br> SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 10695 | 10720401 |
| &nbsp;&nbsp;&nbsp; Rad CLO 6 Ltd., 5.27%, 10/20/37, (3-mo. CME Term <br> SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2530 | 2537236 |
| &nbsp;&nbsp;&nbsp; Rad CLO 7 Ltd., 5.23%, 04/17/36, (3-mo. CME Term <br> SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000503 |
| &nbsp;&nbsp;&nbsp; Rad CLO 9 Ltd., 5.24%, 01/15/38, (3-mo. CME Term <br> SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3006933 |
| &nbsp;&nbsp;&nbsp; Reese Park CLO Ltd., 5.22%, 01/15/38, (3-mo. CME <br> Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1002159 |
| &nbsp;&nbsp;&nbsp; Regatta 30 Funding Ltd., 5.18%, 01/25/38, (3-mo. CME <br> Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6625 | 6639032 |
| &nbsp;&nbsp;&nbsp; Regatta 31 Funding Ltd., 5.03%, 03/25/38, (3-mo. CME <br> Term SOFR +1.17%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3100 | 3099039 |
| &nbsp;&nbsp;&nbsp; Regatta 32 Funding Ltd., 5.44%, 07/25/38, (3-mo. CME <br> Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9930 | 9954050 |
| &nbsp;&nbsp;&nbsp; Regatta 35 Funding Ltd., 5.57%, 10/15/38, (3-mo. CME <br> Term SOFR +1.29%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1001467 |
| &nbsp;&nbsp;&nbsp; Regatta VI Funding Ltd., 5.21%, 10/20/38, (3-mo. CME <br> Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8009984 |
| &nbsp;&nbsp;&nbsp; Regatta XI Funding Ltd., 5.28%, 07/17/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7500 | 7516500 |
| &nbsp;&nbsp;&nbsp; Regatta XVII Funding Ltd., 5.28%, 10/15/37, (3-mo. <br> CME Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5013930 |
| &nbsp;&nbsp;&nbsp; Regatta XXII Funding Ltd., 5.13%, 07/20/35, (3-mo. <br> CME Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5000589 |
| &nbsp;&nbsp;&nbsp; Regatta XXIII Funding Ltd., 5.30%, 01/20/35, (3-mo. <br> CME Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4500 | 4503956 |
| &nbsp;&nbsp;&nbsp; Regatta XXIV Funding Ltd., 5.20%, 01/20/38, (3-mo. <br> CME Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5360 | 5373594 |
| &nbsp;&nbsp;&nbsp; Regatta XXV Funding Ltd., 5.24%, 07/15/38, (3-mo. <br> CME Term SOFR +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004766 |
| &nbsp;&nbsp;&nbsp; Regatta XXVII Funding Ltd., 5.39%, 04/26/37, (3-mo. <br> CME Term SOFR +1.53%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3008975 |
| &nbsp;&nbsp;&nbsp; Regatta XXVIII Funding Ltd., 5.41%, 04/25/37, (3-mo. <br> CME Term SOFR +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003376 |
| &nbsp;&nbsp;&nbsp; Rockford Tower CLO Ltd., 5.32%, 07/20/37, (3-mo. CME <br> Term SOFR +1.44%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4011481 |
| &nbsp;&nbsp;&nbsp; RR 14 Ltd., 5.29%, 04/15/36, (3-mo. CME Term SOFR <br> +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1538 | 1538644 |
| &nbsp;&nbsp;&nbsp; RR 19 Ltd., 5.08%, 04/15/40, (3-mo. CME Term SOFR <br> +1.18%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 4997759 |
| &nbsp;&nbsp;&nbsp; RR 21 Ltd., 5.30%, 07/15/39, (3-mo. CME Term SOFR <br> +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5570 | 5582123 |
| &nbsp;&nbsp;&nbsp; RR 27 Ltd., 5.13%, 10/15/40, (3-mo. CME Term SOFR <br> +1.23%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3750 | 3755119 |
| &nbsp;&nbsp;&nbsp; RR 28 Ltd., 5.45%, 04/15/37, (3-mo. CME Term SOFR <br> +1.55%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2005929 |
| &nbsp;&nbsp;&nbsp; RR 29 Ltd., 5.29%, 07/15/39, (3-mo. CME Term SOFR <br> +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3210 | 3216964 |
| &nbsp;&nbsp;&nbsp; RR 32 Ltd., 5.26%, 10/15/39, (3-mo. CME Term SOFR <br> +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1740 | 1744307 |
| &nbsp;&nbsp;&nbsp; RR 41 Ltd., 5.21%, 10/15/40, (3-mo. CME Term SOFR <br> +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9000 | 9011115 |
| &nbsp;&nbsp;&nbsp; RR 5 Ltd., 5.40%, 07/15/39, (3-mo. CME Term SOFR <br> +1.50%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4500 | 4516241 |
| RR 8 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/15/37, (3-mo. CME Term SOFR <br> +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3350 | 3352871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.60%, 07/15/37, (3-mo. CME Term SOFR <br> +1.70%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1650 | 1650000 |
| RRX 7 Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 07/15/35, (3-mo. CME Term SOFR <br> +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3550 | 3551935 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.90%, 07/15/35, (3-mo. CME Term SOFR <br> +2.00%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $1100 | $1104018 |
| &nbsp;&nbsp;&nbsp; Sagard-Halseypoint Clo 10 Ltd., 5.23%, 10/20/38, (3-mo. <br> CME Term SOFR +1.35%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5004570 |
| &nbsp;&nbsp;&nbsp; Sagard-Halseypoint CLO 8 Ltd., 5.23%, 01/30/38, (3-mo. <br> CME Term SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3215 | 3224264 |
| &nbsp;&nbsp;&nbsp; Sandstone Peak II Ltd., 5.29%, 07/20/38, (3-mo. CME <br> Term SOFR +1.41%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 11000 | 11030802 |
| &nbsp;&nbsp;&nbsp; Sandstone Peak III Ltd., 5.49%, 04/25/37, (3-mo. CME <br> Term SOFR +1.63%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7000 | 7025987 |
| &nbsp;&nbsp;&nbsp; Sculptor CLO XXIX Ltd., 5.23%, 07/22/38, (3-mo. CME <br> Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5012322 |
| &nbsp;&nbsp;&nbsp; Sculptor CLO XXVIII Ltd., 4.94%, 01/20/35, (3-mo. CME <br> Term SOFR +1.06%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4500 | 4495754 |
| &nbsp;&nbsp;&nbsp; Sculptor CLO XXX Ltd., 5.33%, 07/20/38, (3-mo. CME <br> Term SOFR +1.45%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003276 |
| &nbsp;&nbsp;&nbsp; Sculptor CLO XXXIV Ltd., 5.25%, 01/20/38, (3-mo. CME <br> Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5375 | 5391066 |
| &nbsp;&nbsp;&nbsp; Sculptor CLO XXXV Ltd., 5.11%, 04/27/38, (3-mo. CME <br> Term SOFR +1.25%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8000 | 8012259 |
| &nbsp;&nbsp;&nbsp; Signal Peak CLO 9 Ltd., 5.23%, 01/21/38, (3-mo. CME <br> Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4750 | 4763515 |
| &nbsp;&nbsp;&nbsp; Silver Point CLO 12 Ltd., 5.29%, 10/15/38, (3-mo. CME <br> Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5012721 |
| &nbsp;&nbsp;&nbsp; Silver Point CLO 4 Ltd., 5.53%, 04/15/37, (3-mo. CME <br> Term SOFR +1.63%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5900 | 5922656 |
| &nbsp;&nbsp;&nbsp; Silver Point CLO 5 Ltd., 5.98%, 10/20/37, (3-mo. CME <br> Term SOFR +2.10%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1003000 |
| &nbsp;&nbsp;&nbsp; Silver Point CLO 6 Ltd., 5.30%, 10/15/37, (3-mo. CME <br> Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4007955 |
| &nbsp;&nbsp;&nbsp; Silver Point CLO 7 Ltd., 5.26%, 01/15/38, (3-mo. CME <br> Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4500 | 4512705 |
| &nbsp;&nbsp;&nbsp; Sixth Street CLO XX Ltd., 5.20%, 07/17/38, (3-mo. CME <br> Term SOFR +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1900 | 1904429 |
| &nbsp;&nbsp;&nbsp; Sixth Street CLO XXV Ltd., 5.35%, 07/24/37, (3-mo. <br> CME Term SOFR +1.48%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4850 | 4865790 |
| Sycamore Tree CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.53%, 04/20/37, (3-mo. CME Term SOFR <br> +1.65%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5017500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 01/20/38, (3-mo. CME Term SOFR <br> +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7450 | 7471596 |
| &nbsp;&nbsp;&nbsp; Symphony CLO 40 Ltd., 5.22%, 01/05/38, (3-mo. CME <br> Term SOFR +1.31%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4007654 |
| &nbsp;&nbsp;&nbsp; Symphony CLO XXVIII Ltd., 5.26%, 10/23/34, (3-mo. <br> CME Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2001263 |
| &nbsp;&nbsp;&nbsp; Symphony CLO XXXIII Ltd., 5.13%, 01/24/38, (3-mo. <br> CME Term SOFR +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5500 | 5510952 |
| &nbsp;&nbsp;&nbsp; Symphony Loan Funding CLO 1 Ltd., 5.29%, <br> 01/22/38, (3-mo. CME Term SOFR +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4011554 |
| TCW CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.15%, 01/20/38, (3-mo. CME Term SOFR <br> +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2250 | 2254359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.27%, 10/20/37, (3-mo. CME Term SOFR <br> +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6750 | 6769294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.07%, 04/20/38, (3-mo. CME Term SOFR <br> +1.19%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3003125 |
| &nbsp;&nbsp;&nbsp; TICP CLO VI Ltd., 5.29%, 01/15/34, (3-mo. CME Term <br> SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000442 |
| &nbsp;&nbsp;&nbsp; Trestles CLO III Ltd., 5.27%, 10/20/37, (3-mo. CME Term <br> SOFR +1.39%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7800 | 7822828 |
| &nbsp;&nbsp;&nbsp; Trestles CLO IV Ltd., 5.30%, 07/21/34, (3-mo. CME <br> Term SOFR +1.43%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1830 | 1830048 |
| &nbsp;&nbsp;&nbsp; Trestles CLO IX Ltd., 5.13%, 01/15/39, (3-mo. CME <br> Term SOFR +1.26%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4000000 |
| &nbsp;&nbsp;&nbsp; Trestles CLO Ltd., 5.32%, 07/25/37, (3-mo. CME Term <br> SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5900 | 5916438 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| &nbsp;&nbsp;&nbsp; Trestles CLO VII Ltd., 5.24%, 10/25/37, (3-mo. CME <br> Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $4950 | $4963891 |
| Trimaran CAVU Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.26%, 10/22/37, (3-mo. CME Term SOFR <br> +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004844 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.24%, 01/25/38, (3-mo. CME Term SOFR <br> +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1504136 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXIV Ltd., 5.46%, 04/25/37, (3-mo. CME <br> Term SOFR +1.60%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1500 | 1505226 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXIX Ltd., 5.35%, 07/23/37, (3-mo. CME <br> Term SOFR +1.49%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3485 | 3495371 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXV Ltd., 5.71%, 01/23/37, (3-mo. CME <br> Term SOFR +1.85%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004663 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXX Ltd., 5.23%, 10/23/37, (3-mo. CME <br> Term SOFR +1.37%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007931 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXXII Ltd., 5.60%, 07/23/38, (3-mo. CME <br> Term SOFR +1.33%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5011838 |
| &nbsp;&nbsp;&nbsp; Trinitas CLO XXXIII Ltd., 6.20%, 07/22/38, (3-mo. CME <br> Term SOFR +1.88%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1350 | 1353133 |
| Voya CLO Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.22%, 10/17/32, (3-mo. CME Term SOFR <br> +1.34%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1162 | 1162286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.39%, 04/20/37, (3-mo. CME Term SOFR <br> +1.51%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5500 | 5515245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.42%, 04/15/37, (3-mo. CME Term SOFR <br> +1.52%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3100 | 3110026 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.05%, 04/20/38, (3-mo. CME Term SOFR <br> +1.17%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 999532 |
| &nbsp;&nbsp;&nbsp; Warwick Capital CLO 1 Ltd., 5.25%, 10/20/38, (3-mo. <br> CME Term SOFR +1.28%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2002935 |
| &nbsp;&nbsp;&nbsp; Warwick Capital CLO 4 Ltd., 5.28%, 07/20/37, (3-mo. <br> CME Term SOFR +1.40%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4900 | 4911213 |
| &nbsp;&nbsp;&nbsp; Warwick Capital CLO 5 Ltd., 5.24%, 01/20/38, (3-mo. <br> CME Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5500 | 5515317 |
| &nbsp;&nbsp;&nbsp; Warwick Capital CLO 7 Ltd., 5.25%, 10/21/38, (3-mo. <br> CME Term SOFR +1.30%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3000 | 3007160 |
| &nbsp;&nbsp;&nbsp; Wehle Park CLO Ltd., 5.19%, 10/21/38, (3-mo. CME <br> Term SOFR +1.24%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5000 | 5005000 |
| &nbsp;&nbsp;&nbsp; Wellington Management CLO 1 Ltd., 5.68%, <br> 10/20/36, (3-mo. CME Term SOFR +1.80%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2000000 |
| &nbsp;&nbsp;&nbsp; Wellington Management CLO 3 Ltd., 5.24%, <br> 07/18/37, (3-mo. CME Term SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6500 | 6515649 |
| Whitebox CLO I Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.19%, 07/24/36, (3-mo. CME Term SOFR <br> +1.32%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2270 | 2271833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.62%, 07/24/36, (3-mo. CME Term SOFR <br> +1.75%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1000 | 1000813 |
| &nbsp;&nbsp;&nbsp; Whitebox CLO II Ltd., 5.25%, 10/24/37, (3-mo. CME <br> Term SOFR +1.38%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3300 | 3308826 |
| &nbsp;&nbsp;&nbsp; Whitebox CLO III Ltd., 5.17%, 10/15/35, (3-mo. CME <br> Term SOFR +1.27%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8060 | 8065045 |
| &nbsp;&nbsp;&nbsp; Whitebox Clo V Ltd., 5.61%, 07/20/38, (3-mo. CME Term <br> SOFR +1.36%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2000 | 2004255 |
| &nbsp;&nbsp;&nbsp; Wise CLO Ltd., 5.36%, 07/15/37, (3-mo. CME Term <br> SOFR +1.46%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 4013650 |
| **Total Investments — 99.6%** <br>**(Cost: $1,423,649,603)** | **Total Investments — 99.6%** <br>**(Cost: $1,423,649,603)** | 1423672074 |
| **Other Assets Less Liabilities — 0.4%** | **Other Assets Less Liabilities — 0.4%** | 5342799 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $1429014873 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares AAA CLO Active ETF**

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

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(b)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

<sup>(c)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Purchases* <br>*at Cost*<br>| &nbsp;&nbsp; *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares<sup>(a)</sup><br>| $23120000 | $—<br> $(23120000 )<sup>(b)</sup><br>| $— | $— | $— |  | $155637 | $— |

---

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

<sup>(a)</sup> As of period end, the entity is no longer held.

<sup>(b)</sup> Represents net amount purchased (sold).

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1423672074 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1423672074 |

---

The Fund's financial instruments that are categorized as Level 3 were valued utilizing third-party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of such Level 3 financial investments. <br>

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| CLO | Collateralized Loan Obligation |
| CME | Chicago Mercantile Exchange |
| SOFR | Secured Overnight Financing Rate |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock ETF Trust II

- **b. Investment Company Act file number:** 811-23511

- **c. CIK number of Registrant:** 0001804196

- **d. LEI of Registrant:** 549300PLJCTZLQ2LE832

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares AAA CLO Active ETF

- **b. EDGAR series identifier (if any):** S000079064

- **c. LEI of Series:** 529900KNSFG5S5J6YP44

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1433292708.58

**Total Liabilities:** $4278890.87

**Net Assets:** $1429013817.71

**Delayed Delivery Securities:** $3500000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 468366.58000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000239899 | 0.47%                | 0.48%                | 0.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25093.23                | $377095.59                                 |
| Month 2  | $1326.27                 | $-68330.78                                 |
| Month 3  | $-99475.52               | $-1100331.81                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AB BSL CLO                             | AB BSL CLO 2 Ltd                               | CUSIP: 00037LAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4700000 | PA      | $4702350.00   | 0.33%             | 2034-04-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| AB BSL CLO                             | AB BSL CLO 3 Ltd                               | CUSIP: 00037QAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005545.00   | 0.35%             | 2038-04-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL CLO 29 Ltd                                 | CUSIP: 00119BAA1<br>LEI: 254900MM5EQZ35CZG002 | Long             | ABS-CBDO         | CORP              | JE        |   1925000 | PA      | $1930963.07   | 0.14%             | 2037-04-21      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| AGL Core CLO                           | AGL Core CLO 2 Ltd                             | CUSIP: 001200AJ3<br>LEI: 549300EIBQDZ5WXOZ105 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003468.70   | 0.07%             | 2037-07-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL CLO 12 Ltd                                 | CUSIP: 00120BAA8<br>LEI: 54930005OE1IFBESDA27 | Long             | ABS-CBDO         | CORP              | KY        |   5102000 | PA      | $5102000.00   | 0.36%             | 2034-07-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| AGL Core CLO 15 Ltd                    | AGL Core CLO 15 Ltd                            | CUSIP: 00121GAA6<br>LEI: 5493001O95I190NV0196 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4003466.00   | 0.28%             | 2035-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL CLO 37 Ltd                                 | CUSIP: 00121MAA3<br>LEI: 254900AZNZG3U1TNSN78 | Long             | ABS-CBDO         | CORP              | KY        |  10298276 | PA      | $10315432.93  | 0.72%             | 2038-04-22      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL Clo 40 Ltd                                 | CUSIP: 00122JAA9<br>LEI: 2549000UHABUMC23NI95 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003460.00   | 0.14%             | 2038-07-22      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Aimco                                  | Aimco CLO 11 Ltd                               | CUSIP: 00140NAW0<br>LEI: 549300VLRW0CEQ83RF89 | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1804671.90   | 0.13%             | 2037-07-17      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC CLO 27 Ltd                                | CUSIP: 00173UAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6850000 | PA      | $6843824.73   | 0.48%             | 2037-01-20      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC CLO 25 Ltd                                | CUSIP: 00177GAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    900000 | PA      | $902314.44    | 0.06%             | 2038-10-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC CLO 23 Ltd                                | CUSIP: 00177JBW4<br>LEI: 549300ICO4ZE2FVC2Y46 | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4209940.14   | 0.29%             | 2038-07-17      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL CLO 42 Ltd                                 | CUSIP: 00791YAA6<br>LEI: 254900AMSJHVKQ5QFA09 | Long             | ABS-CBDO         | CORP              | KY        |   7775000 | PA      | $7790207.90   | 0.55%             | 2038-07-22      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| AGL CLO 7 LTD                          | AGL CLO 7 Ltd                                  | CUSIP: 008511AW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2560000 | PA      | $2564772.35   | 0.18%             | 2038-10-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL Core CLO 8 LTD                             | CUSIP: 00851KAK1<br>LEI: 254900IPV3KA57E31I16 | Long             | ABS-CBDO         | CORP              | KY        |   1920000 | PA      | $1925081.86   | 0.13%             | 2038-01-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL Core CLO 38 Ltd                            | CUSIP: 00852QAA9<br>LEI: 254900ZPMRHE5M6S8F18 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2504107.50   | 0.18%             | 2038-01-22      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| AGL CLO Ltd.                           | AGL CLO 43 Ltd                                 | CUSIP: 00852TAA3<br>LEI: 254900MOOKTGLK7JFO07 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3505264.00   | 0.25%             | 2038-09-10      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Aimco                                  | Aimco CLO 15 Ltd                               | CUSIP: 00889BAE1<br>LEI: 254900QER1MDK5C1YE06 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5007815.00   | 0.35%             | 2038-04-17      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Aimco                                  | AIMCO CLO Series 2018-A                        | CUSIP: 00900GAN5<br>LEI: 549300MMTPNJGGRMPB33 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5009580.00   | 0.35%             | 2037-10-17      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Aimco                                  | AIMCO CLO 10 Ltd                               | CUSIP: 00901AAS6<br>LEI: 5493004I93856WYBB035 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002313.60   | 0.07%             | 2037-07-22      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                        | Allegro CLO XV Ltd                             | CUSIP: 01749WAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1418000 | PA      | $1418141.94   | 0.10%             | 2038-04-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                        | Allegro CLO XIII Ltd                           | CUSIP: 01750WAQ2<br>LEI: 254900E6QZJ305P65V74 | Long             | ABS-CBDO         | CORP              | KY        |   7513276 | PA      | $7530624.15   | 0.53%             | 2038-07-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Allegro CLO Ltd                        | Allegro CLO XIV Ltd                            | CUSIP: 01751AAQ9<br>LEI: 25490093RGALWPW3N486 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506434.25   | 0.18%             | 2037-10-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC CLO 31 Ltd                                | CUSIP: 03166GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006202.50   | 0.21%             | 2038-02-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC Clo 28 Ltd                                | CUSIP: 03166HAA4<br>LEI: 254900FC26PFUHBI9J88 | Long             | ABS-CBDO         | CORP              | KY        |   2390000 | PA      | $2396572.50   | 0.17%             | 2037-07-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| American Money Management Corporation  | AMMC CLO 32 Ltd                                | CUSIP: 03166KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006574.80   | 0.21%             | 2038-10-17      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 31 Ltd                   | CUSIP: 032912AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2997713.07   | 0.21%             | 2038-10-20      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 19 Ltd                   | CUSIP: 03328JAL1<br>LEI: 549300ZNOS7Q8W8H3S38 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007029.90   | 0.21%             | 2038-10-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 6 Ltd                    | CUSIP: 03328QBW0<br>LEI: 54930064GO7DB3TVDY21 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004427.40   | 0.14%             | 2038-07-22      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 7 Ltd                    | CUSIP: 03328TBS3<br>LEI: 54930014PVHLSZJQK139 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005955.80   | 0.14%             | 2037-04-28      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 15 Ltd                   | CUSIP: 03329FAW4<br>LEI: 549300H5Q0HJ2EHSSX26 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014379.50   | 0.35%             | 2038-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital CLO 25 Ltd                   | CUSIP: 03329WAA5<br>LEI: 5493004RXURZCE1LR038 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000594.80   | 0.07%             | 2035-04-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital Clo 20 Ltd                   | CUSIP: 03330YAJ9<br>LEI: 549300AYL7KYENHY1C67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999431.30    | 0.07%             | 2035-01-20      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital Clo 24 Ltd                   | CUSIP: 03331GAQ1<br>LEI: 549300X5ZN5RMBYQ2W98 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3007626.30   | 0.21%             | 2037-07-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Anchorage Capital CLO LTD              | Anchorage Capital Clo 17 Ltd                   | CUSIP: 03332PAN7<br>LEI: 549300UNU854VTZYQ112 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002520.40   | 0.14%             | 2038-02-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXIX Ltd                           | CUSIP: 03766HAQ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1001217.60   | 0.07%             | 2038-10-21      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXI                                | CUSIP: 03767VAG3<br>LEI: 549300IG6PHVJ3WBR394 | Long             | ABS-CBDO         | CORP              | KY        |    923940 | PA      | $923752.85    | 0.06%             | 2031-04-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXIV                               | CUSIP: 03768WAL9<br>LEI: 5493001VH1Y9SEPJKZ47 | Long             | ABS-CBDO         | CORP              | KY        |   4750000 | PA      | $4754142.95   | 0.33%             | 2035-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO XXXVII                              | CUSIP: 03769HAA5<br>LEI: 549300OGB01ASKLNI660 | Long             | ABS-CBDO         | CORP              | KY        |   3250000 | PA      | $3252041.00   | 0.23%             | 2034-10-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos CLO LIII                                | CUSIP: 03771EAA8<br>LEI: 254900V9JISXCX9V0G97 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012615.50   | 0.35%             | 2038-07-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos Clo Lii                                 | CUSIP: 03771NAA8<br>LEI: 254900XJH54T9O9TH452 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998678.00   | 0.14%             | 2038-04-20      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| Apidos CLO Ltd                         | Apidos Clo LIV                                 | CUSIP: 03771RAA9<br>LEI: 254900SXYQWBYZA9L226 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007956.90   | 0.21%             | 2038-10-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | ARES Loan Funding III Ltd                      | CUSIP: 04009BAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250312.50   | 0.09%             | 2036-07-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | Ares XXXIX CLO Ltd                             | CUSIP: 04015WBL7<br>LEI: 5493005YAOTYJUJV3S58 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8020688.00   | 0.56%             | 2037-07-18      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | Ares LVI CLO Ltd                               | CUSIP: 04018NAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003619.60   | 0.14%             | 2038-01-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| ARES CLO Ltd                           | Ares Loan Funding VIII Ltd                     | CUSIP: 04021MAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10017960.00  | 0.70%             | 2038-01-24      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Arini US CLO Limited                   | Arini US Clo II Ltd                            | CUSIP: 04039BAA0<br>LEI: 2549001Z731V3ALGMH47 | Long             | ABS-CBDO         | CORP              | KY        |   5230000 | PA      | $5240951.62   | 0.37%             | 2038-03-31      | Floating      | 5.69%                 | No            |                  2 | On Loan: No      |
| BBAM US CLO LTD.                       | BBAM US CLO I Ltd                              | CUSIP: 054978AL5<br>LEI: 549300LRECI1GZTZLF38 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002302.00   | 0.14%             | 2038-03-30      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited       | Bain Capital Credit CLO 2020-2 Ltd             | CUSIP: 05683EAW2<br>LEI: 254900JJEDONFKODOF95 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000459.00   | 0.07%             | 2034-07-19      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited       | Bain Capital Credit CLO 2017-2 Ltd             | CUSIP: 05683HAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4355000 | PA      | $4364416.38   | 0.31%             | 2037-07-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Bain Capital Credit CLO, Limited       | Bain Capital Credit CLO 2024-6 Ltd             | CUSIP: 05685XAA6<br>LEI: 254900HQYGN91X5XN386 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002323.90   | 0.07%             | 2038-01-21      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 14 Ltd                           | CUSIP: 05874XAL3<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   3345000 | PA      | $3353826.79   | 0.23%             | 2037-07-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 14 Ltd                           | CUSIP: 05874XAQ2<br>LEI: 254900GXTF670X967J67 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001345.40   | 0.07%             | 2037-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 2020-2 Ltd                       | CUSIP: 05875DAL6<br>LEI: 254900Y6C4AXEAZ9T124 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002241.90   | 0.21%             | 2031-10-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 2019-2 Ltd                       | CUSIP: 05875MBD3<br>LEI: 254900IF22Z7SA13VI60 | Long             | ABS-CBDO         | CORP              | KY        |   3184000 | PA      | $3187020.34   | 0.22%             | 2038-10-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 26 Ltd                           | CUSIP: 05876NAA7<br>LEI: 254900KWGJ97WUSMSQ74 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003579.70   | 0.07%             | 2037-07-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Ballyrock Ltd                          | Ballyrock CLO 25 Ltd                           | CUSIP: 05876QAL6<br>LEI: 2549000LY2B016K4LA62 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000070.70   | 0.07%             | 2038-01-25      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| Babson CLO Ltd                         | Barings CLO Ltd 2025-V                         | CUSIP: 06765BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10014800.00  | 0.70%             | 2038-10-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Beechwood Park CLO Ltd.                | Beechwood Park CLO Ltd                         | CUSIP: 07355TAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002100.90   | 0.21%             | 2035-01-17      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners Clo XXXIII Ltd         | CUSIP: 08179DAA7<br>LEI: 254900IWSSBPCATK8N78 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2004412.00   | 0.14%             | 2036-01-25      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XXVII Ltd          | CUSIP: 08179PAQ5<br>LEI: 254900WANE6M5S0NC534 | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2506661.50   | 0.18%             | 2037-10-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO 43 Ltd             | CUSIP: 08179QAA8<br>LEI: 254900TPMKEES6UQHQ33 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5008834.00   | 0.35%             | 2038-10-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO IV Ltd             | CUSIP: 08180FCG4<br>LEI: 5493002BNZCV0YE1MG83 | Long             | ABS-CBDO         | CORP              | KY        |  14500000 | PA      | $14521512.20  | 1.02%             | 2038-10-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XX Ltd             | CUSIP: 08182FAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5009000.00   | 0.35%             | 2037-07-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners Clo XXXVII Ltd         | CUSIP: 08182TAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6250000 | PA      | $6264481.25   | 0.44%             | 2038-01-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XXXVIII Ltd        | CUSIP: 08183FAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5010750.00   | 0.35%             | 2038-01-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XXVI Ltd           | CUSIP: 08186AAJ5<br>LEI: 2549008S0Y5AP2WIEL43 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002533.90   | 0.07%             | 2037-07-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XVIII Ltd          | CUSIP: 08186PAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002664.30   | 0.21%             | 2038-10-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd        | Benefit Street Partners CLO XXI Ltd            | CUSIP: 08186RAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9999966.00   | 0.70%             | 2034-10-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO Ltd                            | CUSIP: 09075JAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5017465.00   | 0.35%             | 2037-07-17      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO 3 Ltd                          | CUSIP: 09076VAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6010884.00   | 0.42%             | 2038-01-19      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO 4 Ltd                          | CUSIP: 09077CAQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6160000 | PA      | $6180967.41   | 0.43%             | 2037-07-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO 2 Ltd                          | CUSIP: 09077LAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3005625.30   | 0.21%             | 2037-10-19      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO 8 Ltd                          | CUSIP: 09077TAA3<br>LEI: 254900WH1INTG23INE62 | Long             | ABS-CBDO         | CORP              | JE        |   5210000 | PA      | $5230171.04   | 0.37%             | 2037-04-20      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove Clo 9 Ltd                          | CUSIP: 09077WAA6<br>LEI: 254900VS6E4BD1HWHW18 | Long             | ABS-CBDO         | CORP              | KY        |   2305000 | PA      | $2310761.35   | 0.16%             | 2037-10-22      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove Clo 11 Ltd                         | CUSIP: 09077YAE4<br>LEI: 2549009HQHT8KMO8YJ79 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001952.90   | 0.07%             | 2038-01-22      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO Ltd.                   | Birch Grove CLO 5 Ltd                          | CUSIP: 090976AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506808.25   | 0.18%             | 2037-10-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                   | BlueMountain CLO XXXII Ltd                     | CUSIP: 09631EAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5150000 | PA      | $5147469.81   | 0.36%             | 2034-10-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Bluemountain CLO Ltd                   | BlueMountain CLO XXXV Ltd                      | CUSIP: 09631RAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  13550000 | PA      | $13587549.76  | 0.95%             | 2037-10-22      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Brant Point CLO Ltd                    | Brant Point CLO 2025-7 Ltd                     | CUSIP: 105488AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4800000 | PA      | $4810466.88   | 0.34%             | 2038-07-25      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Bridge Street CLO Ltd                  | Bridge Street CLO Ltd                          | CUSIP: 107921AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2002646.40   | 0.14%             | 2038-04-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Bridge Street CLO Ltd                  | Bridge Street CLO I Ltd                        | CUSIP: 10805YAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3008679.00   | 0.21%             | 2037-07-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Bridge Street CLO Ltd                  | Bridge Street CLO VI Ltd                       | CUSIP: 10806PAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3473792.00   | 0.24%             | 2039-01-15      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park Funding 2023-21 Ltd                | CUSIP: 117650AL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3005186.40   | 0.21%             | 2038-10-18      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park Funding 2024-23 Ltd                | CUSIP: 11765CAA3<br>LEI: 391200W7QGMU3U2OCV81 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2507269.25   | 0.18%             | 2037-05-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park 2025-27 CLO Ltd                    | CUSIP: 11765EAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8019416.00   | 0.56%             | 2038-07-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park Funding 2024-22 Ltd                | CUSIP: 11766CAA2<br>LEI: 5493000N8L82QL1KEO96 | Long             | ABS-CBDO         | CORP              | KY        |   1920000 | PA      | $1926525.31   | 0.13%             | 2037-04-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park Funding 2024-24 Ltd                | CUSIP: 11766DAA0<br>LEI: 3912003A96YDRT8EGP15 | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1352670.17   | 0.09%             | 2037-10-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Bryant Park Funding Ltd                | Bryant Park Funding 2024-25 Ltd                | CUSIP: 117913AA1<br>LEI: 391200WG98O5N39H7C57 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004559.40   | 0.14%             | 2038-01-18      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Buckhorn Park CLO, Ltd.                | Buckhorn Park CLO Ltd                          | CUSIP: 118382BA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2770000 | PA      | $2768935.49   | 0.19%             | 2034-07-18      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| CBAMR Ltd                              | CBAMR 2021-14 LTD                              | CUSIP: 12516KAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10550000 | PA      | $10568384.43  | 0.74%             | 2038-10-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2021-IV Ltd                       | CUSIP: 12547DAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007122.00   | 0.21%             | 2037-07-23      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2020-II Ltd                       | CUSIP: 12547LAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    750000 | PA      | $750458.63    | 0.05%             | 2034-10-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2014-II-R Ltd                     | CUSIP: 12548RAH7<br>LEI: 549300O8WGQU5B6HEB94 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012674.00   | 0.35%             | 2037-10-24      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2014-III Ltd                      | CUSIP: 12549QBL8<br>LEI: 549300KEIUMRD7WX5J42 | Long             | ABS-CBDO         | CORP              | KY        |   4140724 | PA      | $4139215.95   | 0.29%             | 2038-03-31      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2015-IV Ltd                       | CUSIP: 12550TAY1<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-CBDO         | CORP              | KY        |   3540000 | PA      | $3541095.63   | 0.25%             | 2034-04-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2021-VI Ltd                       | CUSIP: 12553SAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4002484.00   | 0.28%             | 2034-10-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2020-I Ltd                        | CUSIP: 12555QAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3001827.60   | 0.21%             | 2036-07-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2021-III Ltd                      | CUSIP: 12564DAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001315.20   | 0.07%             | 2038-10-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2021-V Ltd                        | CUSIP: 12565EAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001807.70   | 0.07%             | 2038-01-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2022-I Ltd                        | CUSIP: 12570LAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3503172.05   | 0.25%             | 2035-04-17      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2024-I Ltd                        | CUSIP: 12570XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006692.40   | 0.14%             | 2037-04-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2025-I Ltd                        | CUSIP: 12572VAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1499243.10   | 0.10%             | 2038-04-23      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2024-III Ltd                      | CUSIP: 12575WAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1505461.35   | 0.11%             | 2037-07-21      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| CQS US CLO Ltd                         | CQS US CLO 2025-4 Ltd                          | CUSIP: 12674KAC9<br>LEI: 25490009GM1MG9XIPV52 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5016987.50   | 0.35%             | 2036-07-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                 | Canyon Capital CLO 2022-2 Ltd                  | CUSIP: 13877LAS5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2500231.25   | 0.17%             | 2038-04-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Canyon Capital CLO Ltd                 | Canyon CLO 2021-4 Ltd                          | CUSIP: 13877PAL1<br>LEI: 254900V38Q76ALAJY818 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998200.00   | 0.14%             | 2034-10-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies       | Carlyle US CLO 2022-3 Ltd                      | CUSIP: 143111AL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10030124.00  | 0.70%             | 2037-04-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies       | Carlyle US CLO 2020-2 Ltd                      | CUSIP: 14315GAW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5350000 | PA      | $5347135.08   | 0.37%             | 2035-01-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies       | CARLYLE US CLO 2019-4 LTD                      | CUSIP: 14317VAQ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002890.20   | 0.21%             | 2035-04-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies       | Carlyle US CLO 2022-1 Ltd                      | CUSIP: 14318JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000700.00   | 0.07%             | 2035-04-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO I Ltd                               | CUSIP: 146865AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    744043 | PA      | $744109.63    | 0.05%             | 2031-07-16      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO VII-C Ltd                           | CUSIP: 14686BAN7<br>LEI: 254900KRTGHP264UWC15 | Long             | ABS-CBDO         | CORP              | JE        |   1520000 | PA      | $1524256.00   | 0.11%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | Carval Clo VIII-C Ltd                          | CUSIP: 14686NAL5<br>LEI: 254900NZG2CMHKHNPU97 | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5013477.00   | 0.35%             | 2037-10-22      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO VC Ltd                              | CUSIP: 14687MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    945000 | PA      | $945493.20    | 0.07%             | 2034-10-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO IX-C Ltd                            | CUSIP: 14688HAA0<br>LEI: 2549009HBUYMF23IOB57 | Long             | ABS-CBDO         | CORP              | JE        |   3750000 | PA      | $3764866.88   | 0.26%             | 2037-04-20      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO IX-C Ltd                            | CUSIP: 14688HAE2<br>LEI: 2549009HBUYMF23IOB57 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1001696.50   | 0.07%             | 2037-04-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | CarVal CLO XI C Ltd                            | CUSIP: 14688RAA8<br>LEI: 254900BDRF474L9PWM54 | Long             | ABS-CBDO         | CORP              | KY        |   7650000 | PA      | $7667639.37   | 0.54%             | 2037-10-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Carval CLO LTD                         | Carval Clo X-C Ltd                             | CUSIP: 146918AA5<br>LEI: 254900DAR7W0XP2CHD65 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1755169.33   | 0.12%             | 2037-07-20      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Cayuga Park CLO, Ltd.                  | Cayuga Park CLO Ltd                            | CUSIP: 149791AP0<br>LEI: 549300SVH2QJEV4A2G21 | Long             | ABS-CBDO         | CORP              | KY        |   4740000 | PA      | $4741646.68   | 0.33%             | 2034-07-17      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Cedar Funding Ltd                      | Cedar Funding XIV CLO Ltd                      | CUSIP: 15034AAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005752.40   | 0.14%             | 2037-10-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2018-I Ltd                        | CUSIP: 17181NAC8<br>LEI: 635400VBVF8AYJQBI411 | Long             | ABS-CBDO         | CORP              | KY        |   2330000 | PA      | $2335825.00   | 0.16%             | 2038-01-18      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2018-IV Ltd                       | CUSIP: 17181TAJ0<br>LEI: 254900PA63PFHC11GD90 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005425.00   | 0.35%             | 2038-01-17      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                       | CIFC Funding 2019-VII Ltd                      | CUSIP: 171935AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7010427.90   | 0.49%             | 2038-10-19      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Clover CLO                             | Clover CLO 2020-1 LLC                          | CUSIP: 18914HAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005437.20   | 0.14%             | 2037-07-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Fort Greene Park CLO                   | Fort Greene Park CLO LLC                       | CUSIP: 18914KAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8375000 | PA      | $8366640.91   | 0.59%             | 2034-04-22      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| CreekSource (Dunes Creek) CLO Ltd      | Creeksource 2024-1 Dunes Creek Clo Ltd         | CUSIP: 225914AA8<br>LEI: 254900CZYOXX4AZ15302 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3008606.70   | 0.21%             | 2038-01-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Crown City CLO I                       | Crown City CLO I                               | CUSIP: 22823RAW9<br>LEI: 549300K60T4GC7BSX929 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5011227.50   | 0.35%             | 2038-07-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Crown Point CLO Ltd                    | Crown Point CLO 9 Ltd                          | CUSIP: 22846DAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000222.00   | 0.14%             | 2034-07-14      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital CLO 9 Ltd                     | CUSIP: 25254AAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4997003.50   | 0.35%             | 2038-04-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital Clo 1 Ltd                     | CUSIP: 25255DAL4<br>LEI: 25490018I1ROE4V49X69 | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4212156.48   | 0.29%             | 2037-10-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital Clo 3 Ltd                     | CUSIP: 25255JAL1<br>LEI: 254900L1QJX98W5ORK78 | Long             | ABS-CBDO         | CORP              | KY        |   6830781 | PA      | $6846486.33   | 0.48%             | 2038-01-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital Clo 2 Ltd                     | CUSIP: 25255LAS1<br>LEI: 2549008BUJNKS7JJUU65 | Long             | ABS-CBDO         | CORP              | KY        |   7300000 | PA      | $7320308.60   | 0.51%             | 2037-10-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital Clo 6 Ltd                     | CUSIP: 25255UAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003457.60   | 0.07%             | 2037-04-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital CLO 7 Ltd                     | CUSIP: 25255WAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4012570.00   | 0.28%             | 2037-07-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital CLO 7 Ltd                     | CUSIP: 25255WAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1304047.16   | 0.09%             | 2037-07-20      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital CLO 8 Ltd                     | CUSIP: 25256JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004004.60   | 0.14%             | 2037-10-20      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Diameter Capital CLO                   | Diameter Capital CLO 10 Ltd                    | CUSIP: 25290BAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3756805.88   | 0.26%             | 2038-04-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                | Dryden 83 CLO Ltd                              | CUSIP: 26246EAL2<br>LEI: 2549001LFFVBUD1OX384 | Long             | ABS-CBDO         | CORP              | KY        |   1270000 | PA      | $1273676.78   | 0.09%             | 2037-04-18      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Eaton Vance CDO Ltd                    | Eaton Vance CLO 2013-1 Ltd                     | CUSIP: 27830BBY9<br>LEI: 5493001O5CL3BBUIEH94 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5011793.50   | 0.35%             | 2038-10-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                      | Elevation CLO 2013-1 Ltd                       | CUSIP: 28623FAJ3<br>LEI: 549300D7IKXB86IQMC13 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006864.00   | 0.21%             | 2038-07-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                      | Elevation Clo 2021-15 Ltd                      | CUSIP: 28623VAN9<br>LEI: 5493005VN5WX000OV470 | Long             | ABS-CBDO         | CORP              | KY        |   1600000 | PA      | $1601032.80   | 0.11%             | 2035-01-25      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 29 Ltd                     | Elmwood CLO 29 Ltd                             | CUSIP: 289913AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014295.00   | 0.35%             | 2037-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO I Ltd.                     | Elmwood CLO I Ltd                              | CUSIP: 290015AW6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6017794.20   | 0.42%             | 2037-04-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO II Ltd.                    | Elmwood CLO II Ltd                             | CUSIP: 29001LAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506032.50   | 0.18%             | 2037-10-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 22 Ltd                     | Elmwood CLO 22 Ltd                             | CUSIP: 29001YAJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7010199.00   | 0.49%             | 2038-04-17      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 24 Ltd                     | Elmwood CLO 24 Ltd                             | CUSIP: 290020AL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5173000 | PA      | $5184137.47   | 0.36%             | 2038-01-17      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO IV Ltd                     | Elmwood CLO IV Ltd                             | CUSIP: 29002GAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003378.90   | 0.07%             | 2037-04-18      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO XII Ltd.                   | Elmwood CLO XII Ltd                            | CUSIP: 29002YAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1010000 | PA      | $1012496.92   | 0.07%             | 2037-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO VIII Ltd                   | Elmwood CLO VIII Ltd                           | CUSIP: 29003EAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4012095.60   | 0.28%             | 2037-04-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 31 Ltd                     | Elmwood CLO 31 Ltd                             | CUSIP: 29003HAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4009594.00   | 0.28%             | 2037-07-17      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 26 Ltd                     | Elmwood CLO 26 Ltd                             | CUSIP: 29004CAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2508331.00   | 0.18%             | 2037-04-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 40 Ltd                     | Elmwood CLO 40 Ltd                             | CUSIP: 29004FAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10500000 | PA      | $10517477.25  | 0.74%             | 2038-03-22      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO 19 Ltd                     | Elmwood CLO 19 Ltd                             | CUSIP: 29004JAW3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005000.00   | 0.35%             | 2038-10-17      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                    | 522 Funding CLO 2019-5 Ltd                     | CUSIP: 33829WAC3<br>LEI: 549300HKB0UTKU91DG08 | Long             | ABS-CBDO         | CORP              | KY        |   6160000 | PA      | $6164929.85   | 0.43%             | 2035-04-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| 522 Funding CLO LTD                    | 522 Funding CLO 2019-5 Ltd                     | CUSIP: 33829WAE9<br>LEI: 549300HKB0UTKU91DG08 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2501066.25   | 0.18%             | 2035-04-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                       | Flatiron CLO 20 Ltd                            | CUSIP: 33883MAU8<br>LEI: 25490077CXFU133A8B24 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005346.00   | 0.35%             | 2038-11-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                       | Flatiron CLO 25 Ltd                            | CUSIP: 33883XAA8<br>LEI: 254900Z25NHHRUZ9O184 | Long             | ABS-CBDO         | CORP              | KY        |   3650000 | PA      | $3658753.80   | 0.26%             | 2037-10-17      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Fort Washington CLO                    | Fort Washington CLO 2021-2 LTD                 | CUSIP: 34918RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7250000 | PA      | $7254487.03   | 0.51%             | 2034-10-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Galaxy CLO Ltd                         | Galaxy 35 Clo Ltd                              | CUSIP: 362930AA7<br>LEI: 391200IVEMZD61SG5W29 | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1049990.24   | 0.07%             | 2038-04-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate Clo 13 Ltd                            | CUSIP: 370918AA2<br>LEI: 549300OHYOREA2V0F579 | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4009340.40   | 0.28%             | 2037-01-20      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate CLO 9 LTD                             | CUSIP: 37147LAN9<br>LEI: 549300OYEZ11WGJ2SS19 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006754.20   | 0.21%             | 2038-01-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate CLO 12 Ltd                            | CUSIP: 37147VAL1<br>LEI: 549300OPJWALMOKFT505 | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5513108.70   | 0.39%             | 2038-07-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate CLO 15 Ltd                            | CUSIP: 37147XAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   9180000 | PA      | $9206080.38   | 0.64%             | 2037-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Generate CLO 8 Ltd.                    | Generate CLO 8 Ltd                             | CUSIP: 37148EAN4<br>LEI: 2549002O2LJ1LE1W2D54 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3008636.40   | 0.21%             | 2038-01-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate Clo 11 Ltd                            | CUSIP: 37149HAL0<br>LEI: 549300LO5FP76OLGQK93 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005458.20   | 0.14%             | 2037-10-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Generate CLO Ltd.                      | Generate Clo 17 Ltd                            | CUSIP: 37149PAA6<br>LEI: 21380057FWYXY89TJK26 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1503591.00   | 0.11%             | 2037-10-22      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO, LTD | GoldenTree Loan Management US CLO 16 Ltd       | CUSIP: 38090AAQ1<br>LEI: 549300KYU0TCMXRAI217 | Long             | ABS-CBDO         | CORP              | JE        |   2500000 | PA      | $2498377.50   | 0.17%             | 2038-01-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO, LTD | Goldentree Loan Management US Clo 9 Ltd        | CUSIP: 38138JAN3<br>LEI: 549300CQMHYJ3DLMP206 | Long             | ABS-CBDO         | CORP              | KY        |   3675000 | PA      | $3687255.02   | 0.26%             | 2037-04-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US CLO, LTD | GoldenTree Loan Management US CLO 22 Ltd       | CUSIP: 38139EAC7<br>LEI: 254900AWFHWNFOUM2K51 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002333.40   | 0.07%             | 2037-10-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 41B-R Ltd           | CUSIP: 38178AAL7<br>LEI: 2549005QZPXI5WPU4V74 | Long             | ABS-CBDO         | CORP              | KY        |   4400000 | PA      | $4410769.44   | 0.31%             | 2038-07-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 76 B Ltd            | CUSIP: 38180BAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3008108.70   | 0.21%             | 2037-10-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 77 B Ltd            | CUSIP: 38180QAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1502695.50   | 0.11%             | 2038-01-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 66B Ltd             | CUSIP: 38181AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   7000000 | PA      | $7023313.50   | 0.49%             | 2038-07-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 81 B Ltd            | CUSIP: 38181DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006973.20   | 0.21%             | 2038-07-20      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 79B Ltd             | CUSIP: 38181JAA7<br>LEI: 254900KYMBF5APUCPC56 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998805.00   | 0.14%             | 2038-04-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 58B-R Ltd           | CUSIP: 38181NAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6150000 | PA      | $6158122.92   | 0.43%             | 2037-10-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 55B LTD             | CUSIP: 38182AAE7<br>LEI: 254900ZZ9HHZTOQ1XK24 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1503925.35   | 0.11%             | 2038-10-20      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 74 B Ltd            | CUSIP: 38190BAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3500000 | PA      | $3513057.80   | 0.25%             | 2037-07-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD        | Golub Capital Partners CLO 72 B Ltd            | CUSIP: 381941AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1320000 | PA      | $1324020.85   | 0.09%             | 2037-04-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| RRX Ltd                                | RRX 7 Ltd                                      | CUSIP: 40257DAA5<br>LEI: 549300V317BEVFPNAZ66 | Long             | ABS-CBDO         | CORP              | KY        |   3550000 | PA      | $3551935.46   | 0.25%             | 2035-07-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| RRX Ltd                                | RRX 7 Ltd                                      | CUSIP: 40257DAC1<br>LEI: 549300V317BEVFPNAZ66 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1104017.53   | 0.08%             | 2035-07-15      | Floating      | 5.90%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | Halseypoint Clo 5 Ltd                          | CUSIP: 406371AA2<br>LEI: 549300VBED2CGY7JQG51 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1250744.88   | 0.09%             | 2035-01-30      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | HalseyPoint CLO 4 Ltd                          | CUSIP: 40637LAA8<br>LEI: 549300CMJUK1VCINNF57 | Long             | ABS-CBDO         | CORP              | KY        |   6730000 | PA      | $6730378.23   | 0.47%             | 2034-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | Halseypoint CLO 7 LTD                          | CUSIP: 40638LAL3<br>LEI: 5493000LI3XMVBCJEF82 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1505201.70   | 0.11%             | 2038-07-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO 3, Ltd.                | HalseyPoint CLO 3 Ltd                          | CUSIP: 40638UAS8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1240000 | PA      | $1244235.34   | 0.09%             | 2037-07-30      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | Halseypoint Clo 6 Ltd                          | CUSIP: 40639GAU3<br>LEI: 5493001PG85K1980W896 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003551.60   | 0.07%             | 2038-01-20      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Harriman Park CLO                      | Harriman Park CLO LTD                          | CUSIP: 413717BC2<br>LEI: 549300BI9STOGTECXV18 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5009753.00   | 0.35%             | 2038-07-20      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                         | ICG US CLO 2025-1 Ltd                          | CUSIP: 448982AA6<br>LEI: 213800BCHLSBMDBGXD58 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012119.50   | 0.35%             | 2038-07-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| ICG US CLO Ltd                         | ICG US CLO 2023-1 I Ltd                        | CUSIP: 449278AJ9<br>LEI: 213800Z9YRS87E5MLP40 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3006814.80   | 0.21%             | 2038-07-18      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                  | KKR CLO 50 Ltd                                 | CUSIP: 481952AA7<br>LEI: 254900X4SZ7MY83NGT93 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014773.00   | 0.35%             | 2037-04-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                  | KKR CLO 35 Ltd                                 | CUSIP: 48254LAN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2841000 | PA      | $2842423.34   | 0.20%             | 2038-01-20      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                  | KKR CLO 58 Ltd                                 | CUSIP: 48257HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3700000 | PA      | $3708450.80   | 0.26%             | 2038-10-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LX Ltd                    | CUSIP: 557910AN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5013509.00   | 0.35%             | 2037-10-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LVIII Ltd                 | CUSIP: 55817BAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002852.00   | 0.07%             | 2037-04-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XXXVII Ltd                | CUSIP: 55817EBA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1508319.30   | 0.11%             | 2037-04-15      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LV Ltd                    | CUSIP: 55819FAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2396000 | PA      | $2401836.90   | 0.17%             | 2037-07-18      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XXXIII Ltd                | CUSIP: 55819JAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6254544 | PA      | $6258642.28   | 0.44%             | 2032-10-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XXX LTD                   | CUSIP: 55821TAL1<br>LEI: 549300FFTJ3WPTJK8589 | Long             | ABS-CBDO         | CORP              | KY        |   2600000 | PA      | $2605857.28   | 0.18%             | 2037-07-16      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XLVIII Ltd                | CUSIP: 55821UAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    784739 | PA      | $784851.73    | 0.05%             | 2033-04-19      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LXVII Ltd                 | CUSIP: 55821YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4007000 | PA      | $4018702.44   | 0.28%             | 2037-04-25      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LIX Ltd                   | CUSIP: 55822EAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1756470.80   | 0.12%             | 2037-04-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding LXI Ltd                   | CUSIP: 55822NAA7<br>LEI: 2138008EAUXBYEZRP521 | Long             | ABS-CBDO         | CORP              | JE        |   1775000 | PA      | $1781145.05   | 0.12%             | 2037-01-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd               | Madison Park Funding XL-R Ltd                  | CUSIP: 55823RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5011625.00   | 0.35%             | 2038-10-16      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO LTD                   | Marble Point CLO XVII Ltd                      | CUSIP: 56606CAL7<br>LEI: 2549003LUS5LG1CTZP23 | Long             | ABS-CBDO         | CORP              | KY        |   6200000 | PA      | $6217282.50   | 0.44%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XVIII Ltd             | Marble Point CLO XVIII Ltd                     | CUSIP: 566076BA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2200000 | PA      | $2202367.42   | 0.15%             | 2038-03-15      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Marble Point CLO XIX Ltd               | Marble Point CLO XIX Ltd                       | CUSIP: 56607KAU8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10017042.00  | 0.70%             | 2038-10-19      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                    | Midocean Credit Clo XXI                        | CUSIP: 597924AA7<br>LEI: 254900LHC18VUV4A5266 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2000000.00   | 0.14%             | 2038-10-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                    | Midocean Credit CLO XV Ltd                     | CUSIP: 59801FAA1<br>LEI: 254900R5AXF91DYP1Y16 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3009468.00   | 0.21%             | 2037-07-21      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                    | MidOcean Credit CLO XIX                        | CUSIP: 59803HAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2375000 | PA      | $2381652.38   | 0.17%             | 2036-07-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| MidOcean Credit CLO                    | MidOcean Credit CLO XVIII LLC                  | CUSIP: 59803LAA6<br>LEI: 549300XSCUX0ONI5KZ96 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3000669.30   | 0.21%             | 2035-10-18      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Milford Park CLO, Ltd.                 | Milford Park CLO Ltd                           | CUSIP: 59966PAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1980000 | PA      | $1979266.81   | 0.14%             | 2038-01-20      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| MP Clo VIII, LTD                       | MP CLO VIII Ltd                                | CUSIP: 62481WAL1<br>LEI: 549300D60LKSR31DKI65 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4502616.75   | 0.32%             | 2034-04-28      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 36R Ltd     | CUSIP: 64090EAA4<br>LEI: 254900RBT2LAQQHMHG60 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7010882.90   | 0.49%             | 2039-07-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman CLO XXI Ltd                   | CUSIP: 64130DBS8<br>LEI: 549300VBBLOSKH8XQ869 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2505430.00   | 0.18%             | 2039-01-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 33 Ltd      | CUSIP: 64132TAU7<br>LEI: 549300RVE5T2OYI2H743 | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1352166.08   | 0.09%             | 2039-04-16      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers Clo 40 Ltd      | CUSIP: 64134JAL7<br>LEI: 549300Y2YE54ON4DJE28 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5005625.00   | 0.35%             | 2037-10-16      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 45 Ltd      | CUSIP: 64134MAJ5<br>LEI: 549300BQ0WQMX5H5TS32 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2998500.00   | 0.21%             | 2036-10-14      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers CLO 46 Ltd      | CUSIP: 64134QAL1<br>LEI: 549300LCOEVXWN75LP18 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998698.60    | 0.07%             | 2037-01-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd               | Neuberger Berman Loan Advisers NBLA CLO 52 Ltd | CUSIP: 64135FAN0<br>LEI: 5493008RV69QDGFCMY47 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3007324.50   | 0.21%             | 2038-10-24      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| New Mountain CLO Ltd                   | New Mountain CLO 2 Ltd                         | CUSIP: 64754LAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014251.00   | 0.35%             | 2038-01-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| New Mountain CLO Ltd                   | New Mountain CLO 5 Ltd                         | CUSIP: 64754WAJ2<br>LEI: 2549000KVE2J1UOHZ207 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2503401.75   | 0.18%             | 2036-07-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| New Mountain CLO Ltd                   | New Mountain CLO 3 Ltd                         | CUSIP: 647550AQ5<br>LEI: 549300CEYMYPINCEX579 | Long             | ABS-CBDO         | CORP              | KY        |   7250000 | PA      | $7269303.13   | 0.51%             | 2038-10-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| New Mountain CLO Ltd                   | New Mountain CLO 8 Ltd                         | CUSIP: 64755GAA5<br>LEI: 254900PW0IZ6YH8P9I85 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000000.00   | 0.35%             | 2038-10-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2020-20 Ltd                            | CUSIP: 670859AK3<br>LEI: 25490028U8Y2XMZWXO46 | Long             | ABS-CBDO         | CORP              | KY        |   4900000 | PA      | $4914236.46   | 0.34%             | 2037-04-18      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2015-10 Ltd                            | CUSIP: 67092DBD0<br>LEI: 254900FZYL5HDKV64882 | Long             | ABS-CBDO         | CORP              | KY        |   5150000 | PA      | $5159851.95   | 0.36%             | 2038-01-26      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2017-13 Ltd                            | CUSIP: 67097LAV8<br>LEI: 254900M77QLN2EBJHE11 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004898.80   | 0.14%             | 2037-11-26      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 4 Ltd                       | CUSIP: 67098DBC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3294000 | PA      | $3300578.12   | 0.23%             | 2038-01-22      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 6 Ltd                       | CUSIP: 67098UAY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506605.00   | 0.18%             | 2037-10-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 7 Ltd                       | CUSIP: 67098WAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  13750000 | PA      | $13772070.13  | 0.96%             | 2038-07-19      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2020-18 Ltd                            | CUSIP: 671078AW3<br>LEI: 254900MN6N176YEZLX15 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8020485.60   | 0.56%             | 2037-07-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2024-33 Ltd                    | Ocp Clo 2024-33 Ltd                            | CUSIP: 671080AA7<br>LEI: 213800MSZWCRHL4TG372 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003661.70   | 0.07%             | 2037-07-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| OHA Loan Funding Ltd                   | OHA Loan Funding 2015-1 Ltd                    | CUSIP: 67109BDN1<br>LEI: 25490072LQI0R2J4XC93 | Long             | ABS-CBDO         | CORP              | KY        |   9000000 | PA      | $9014135.40   | 0.63%             | 2038-10-19      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 17 Ltd                      | CUSIP: 67109SAA5<br>LEI: 254900ZA7EPUCGQUTA43 | Long             | ABS-CBDO         | CORP              | BM        |   4700000 | PA      | $4716019.01   | 0.33%             | 2037-04-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2016-11 Ltd                            | CUSIP: 67110DBQ9<br>LEI: 254900QIJ8IQOK988683 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5010105.00   | 0.35%             | 2038-07-26      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Partners XIII Ltd                   | CUSIP: 67110NBB0<br>LEI: 549300EX32IF3NZCVL73 | Long             | ABS-CBDO         | CORP              | KY        |   3700000 | PA      | $3710555.73   | 0.26%             | 2037-10-21      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| OHA Loan Funding Ltd                   | OHA Loan Funding 2016-1 Ltd                    | CUSIP: 67110UBA6<br>LEI: 54930016024GMIAF7A82 | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1803770.10   | 0.13%             | 2037-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2018-15 Ltd                            | CUSIP: 67112KAG4<br>LEI: 254900WK4JKXAXOKTL68 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4006852.00   | 0.28%             | 2038-01-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 3 LTD                       | CUSIP: 67112RBC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12930000 | PA      | $12957721.92  | 0.91%             | 2038-01-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2022-25 Ltd                            | CUSIP: 67115CAL8<br>LEI: 254900V271655KJK1382 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012475.00   | 0.35%             | 2037-07-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Partners XVI                        | CUSIP: 67115LAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5050000 | PA      | $5062158.38   | 0.35%             | 2037-10-18      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2021-22 Ltd                            | CUSIP: 67117TAN5<br>LEI: 254900PS626FB00CVF06 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3008137.80   | 0.21%             | 2037-10-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2024-38 Ltd                            | CUSIP: 67120KAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2630000 | PA      | $2636309.63   | 0.18%             | 2038-01-21      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| OHA Credit Partners Ltd                | OHA Credit Partners XVII Ltd                   | CUSIP: 67120MAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1778000 | PA      | $1781792.47   | 0.12%             | 2038-01-18      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                        | Oaktree CLO 2019-3 Ltd                         | CUSIP: 67400EBE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007606.80   | 0.21%             | 2038-01-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd                        | Oaktree CLO 2024-25 Ltd                        | CUSIP: 67402PAA5<br>LEI: 254900NTZ5OVNC5X7789 | Long             | ABS-CBDO         | CORP              | KY        |   6440000 | PA      | $6459043.72   | 0.45%             | 2037-04-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Ocean Trails CLO                       | Ocean Trails CLO XIV Ltd                       | CUSIP: 67515JAN5<br>LEI: 254900TWRKR5CRS1OX19 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1002251.00   | 0.07%             | 2038-01-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2024-31 Ltd                            | CUSIP: 67570AAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   6000000 | PA      | $6021640.80   | 0.42%             | 2037-04-20      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| OCP CLO Ltd                            | OCP CLO 2025-44 Ltd                            | CUSIP: 67570UAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1825000 | PA      | $1829538.23   | 0.13%             | 2038-10-24      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 47, LLC    | Octagon Investment Partners 47 Ltd             | CUSIP: 67576XAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3005534.40   | 0.21%             | 2038-01-22      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| Octagon 55 Ltd                         | Octagon 55 Ltd                                 | CUSIP: 67577AAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001994.00   | 0.14%             | 2038-03-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Octagon Credit Partners 46, LTD        | Octagon Investment Partners 46 Ltd             | CUSIP: 67577VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4002011.60   | 0.28%             | 2036-07-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Octagon 66 Ltd                         | Octagon 66 Ltd                                 | CUSIP: 67577WAP6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1756053.25   | 0.12%             | 2036-11-16      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Octagon 75 Ltd                         | Octagon 75 Ltd                                 | CUSIP: 67579EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2252682.00   | 0.16%             | 2038-01-22      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners XVI LTD    | Octagon Investment Partners XVI Ltd            | CUSIP: 67590BAU4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2999992.80   | 0.21%             | 2030-07-17      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 2 LTD                       | CUSIP: 67707EBJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8750000 | PA      | $8763912.50   | 0.61%             | 2038-01-21      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit                        | OHA Credit Funding 21 Ltd                      | CUSIP: 67707KAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8018432.80   | 0.56%             | 2038-10-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| 1988 CLO Ltd.                          | 1988 CLO 5 Ltd                                 | CUSIP: 68252PAA4<br>LEI: 254900KAQBAF5XV8IU66 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2507786.75   | 0.18%             | 2037-07-15      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2021-3 Ltd                   | CUSIP: 69688FAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3550000 | PA      | $3555325.00   | 0.25%             | 2038-10-15      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2022-1 Ltd                   | CUSIP: 69689QAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5860000 | PA      | $5868786.48   | 0.41%             | 2038-10-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2023-4 Ltd                   | CUSIP: 696924AJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002507.60   | 0.07%             | 2037-10-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2019-1 Ltd                   | CUSIP: 69700GAU6<br>LEI: 549300Y43K78UTRMTN21 | Long             | ABS-CBDO         | CORP              | KY        |   3850000 | PA      | $3856688.61   | 0.27%             | 2038-08-14      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2020-3 Ltd                   | CUSIP: 69701RAY3<br>LEI: 549300IUW4WDDDVSMS20 | Long             | ABS-CBDO         | CORP              | JE        |   2930000 | PA      | $2939925.38   | 0.21%             | 2036-11-15      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2020-3 Ltd                   | CUSIP: 69701RBC0<br>LEI: 549300IUW4WDDDVSMS20 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2011065.00   | 0.14%             | 2036-11-15      | Floating      | 6.86%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                  | Palmer Square CLO 2025-3 Ltd                   | CUSIP: 69704GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4007330.80   | 0.28%             | 2037-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | Park Blue CLO 2022-II Ltd                      | CUSIP: 70018CAQ9<br>LEI: 2138008W8XU9WO8BZO09 | Long             | ABS-CBDO         | CORP              | KY        |   2840000 | PA      | $2847100.00   | 0.20%             | 2037-07-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | PARK BLUE CLO 2023-III LTD                     | CUSIP: 70019AAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3009927.60   | 0.21%             | 2037-04-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | Park Blue Clo 2024-V Ltd                       | CUSIP: 70019CAA3<br>LEI: 213800H9UFJ6SS8AMF70 | Long             | ABS-CBDO         | CORP              | KY        |   1750000 | PA      | $1755606.13   | 0.12%             | 2037-07-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | Park Blue CLO 2025-VII Ltd                     | CUSIP: 70019HAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3004058.10   | 0.21%             | 2038-04-25      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | Park Blue CLO 2024-VI Ltd                      | CUSIP: 70019KAA5<br>LEI: 213800RLFYTJFPXOL592 | Long             | ABS-CBDO         | CORP              | KY        |   1935000 | PA      | $1939454.76   | 0.14%             | 2038-01-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Park Blue CLO Ltd                      | Park Blue Clo 2025-IX Ltd                      | CUSIP: 70019UAA3<br>LEI: 213800GMETRF98C4D824 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002010.20   | 0.07%             | 2038-10-20      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                         | Pikes Peak CLO 18                              | CUSIP: 720916AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10012561.00  | 0.70%             | 2038-04-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                         | Pikes Peak Clo 16 Ltd                          | CUSIP: 72132EAA7<br>LEI: 2138001LNFG5678B4I86 | Long             | ABS-CBDO         | CORP              | KY        |   1795000 | PA      | $1801187.72   | 0.13%             | 2037-07-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                         | Pikes Peak CLO 11 Ltd                          | CUSIP: 72132KAN5<br>LEI: 213800ENCOP5IOFQ4E98 | Long             | ABS-CBDO         | CORP              | JE        |   1225000 | PA      | $1227649.06   | 0.09%             | 2037-07-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Pikes Peak CLO                         | Pikes Peak Clo 12 Ltd                          | CUSIP: 72133LAM4<br>LEI: 21380087HZCMQFA48I12 | Long             | ABS-CBDO         | CORP              | JE        |   7000000 | PA      | $7009578.80   | 0.49%             | 2038-04-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| Post CLO LTD                           | Post CLO VI Ltd                                | CUSIP: 73742RAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6350000 | PA      | $6368555.34   | 0.45%             | 2038-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Post CLO LTD                           | Post CLO 2024-1 Ltd                            | CUSIP: 73743EAA6<br>LEI: 5493007CUC7FI0ONIF25 | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5518607.60   | 0.39%             | 2037-04-20      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 22 Ltd                                 | CUSIP: 74923VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7760000 | PA      | $7778769.89   | 0.54%             | 2037-01-20      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 7 Ltd                                  | CUSIP: 74936GAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000503.10   | 0.07%             | 2036-04-17      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 41 LTD                                      | CUSIP: 749764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9000000 | PA      | $9011115.00   | 0.63%             | 2040-10-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 5 Ltd                                       | CUSIP: 74979VAM5<br>LEI: 549300213Q1LH7O32902 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4516240.95   | 0.32%             | 2039-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 8 Ltd                                       | CUSIP: 74980FAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3350000 | PA      | $3352870.95   | 0.23%             | 2037-07-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 8 Ltd                                       | CUSIP: 74980FAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1650000 | PA      | $1649999.84   | 0.12%             | 2037-07-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 14 Ltd                                      | CUSIP: 74980PAA1<br>LEI: 54930006FTQV76P0VH16 | Long             | ABS-CBDO         | CORP              | KY        |   1538000 | PA      | $1538643.65   | 0.11%             | 2036-04-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 19 Ltd                                      | CUSIP: 74983AAJ2<br>LEI: 549300RJ4N2AJDFNE876 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4997758.50   | 0.35%             | 2040-04-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 32 LTD /old                                 | CUSIP: 74988CAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1740000 | PA      | $1744306.85   | 0.12%             | 2039-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 28 Ltd                                      | CUSIP: 74989NAA7<br>LEI: 254900ZSKVCYOXP11C98 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005929.00   | 0.14%             | 2037-04-15      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 29 LTD                                      | CUSIP: 74989VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3210000 | PA      | $3216964.10   | 0.23%             | 2039-07-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | RAD CLO 27 Ltd                                 | CUSIP: 749972AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10695000 | PA      | $10720400.63  | 0.75%             | 2038-01-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 9 Ltd                                  | CUSIP: 75009NAA0<br>LEI: 254900102FXSL1683637 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006932.70   | 0.21%             | 2038-01-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 14 Ltd                                 | CUSIP: 75009RAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1041346 | PA      | $1041750.35   | 0.07%             | 2035-01-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 15 Ltd                                 | CUSIP: 750103AJ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006945.60   | 0.21%             | 2040-07-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Rad CLO Ltd                            | Rad CLO 6 Ltd                                  | CUSIP: 75010KAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2530000 | PA      | $2537236.31   | 0.18%             | 2037-10-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Reese Park CLO, Ltd.                   | REESE PARK CLO LTD                             | CUSIP: 758465BL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002159.00   | 0.07%             | 2038-01-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Regatta 32 Funding Ltd.                | Regatta 32 Funding Ltd                         | CUSIP: 75884AAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9930000 | PA      | $9954050.46   | 0.70%             | 2038-07-25      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Regatta VI Funding Ltd.                | Regatta VI Funding Ltd                         | CUSIP: 75887NBL2<br>LEI: 2549001NU08X5ZRD6A39 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8009984.00   | 0.56%             | 2038-10-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Regatta Funding                        | Regatta XI Funding Ltd                         | CUSIP: 75887XAN7<br>LEI: 254900TUAAER6MTE4E64 | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7516500.00   | 0.53%             | 2037-07-17      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Regatta XVII Funding Ltd               | Regatta XVII Funding Ltd                       | CUSIP: 75888BAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5013930.50   | 0.35%             | 2037-10-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Regatta XXIII Funding Ltd              | Regatta XXIII Funding Ltd                      | CUSIP: 75889FAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4503956.40   | 0.32%             | 2035-01-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Regatta XXIV Funding Ltd.              | Regatta XXIV Funding Ltd                       | CUSIP: 75889HAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5360000 | PA      | $5373594.03   | 0.38%             | 2038-01-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Regatta 31 Funding Ltd.                | Regatta 31 Funding Ltd                         | CUSIP: 758962AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3100000 | PA      | $3099038.69   | 0.22%             | 2038-03-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Regatta XXII Funding Ltd.              | Regatta XXII Funding Ltd                       | CUSIP: 758968AN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000588.50   | 0.35%             | 2035-07-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Regatta XXVII Funding Ltd.             | Regatta XXVII Funding Ltd                      | CUSIP: 758970AA5<br>LEI: 213800A3LAH3GG226R43 | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3008974.80   | 0.21%             | 2037-04-26      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Regatta XXV Funding Ltd.               | Regatta XXV Funding Ltd                        | CUSIP: 758978AL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004766.00   | 0.14%             | 2038-07-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Regatta XXVIII Funding Ltd.            | Regatta XXVIII Funding Ltd                     | CUSIP: 75901PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003375.50   | 0.07%             | 2037-04-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Regatta 30 Funding Ltd.                | Regatta 30 Funding Ltd                         | CUSIP: 75903UAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6625000 | PA      | $6639031.75   | 0.46%             | 2038-01-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| Regatta 35 Funding Ltd.                | Regatta 35 Funding Ltd                         | CUSIP: 75903YAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001467.40   | 0.07%             | 2038-10-15      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Rockford Tower CLO Ltd                 | Rockford Tower CLO 2022-3 Ltd                  | CUSIP: 77341XAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4011480.80   | 0.28%             | 2037-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 21 Ltd                                      | CUSIP: 78110TAQ2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   5570000 | PA      | $5582123.11   | 0.39%             | 2039-07-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| RR Ltd                                 | RR 27 Ltd                                      | CUSIP: 78110VAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   3750000 | PA      | $3755118.75   | 0.26%             | 2040-10-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | Sagard-Halseypoint Clo 8 Ltd                   | CUSIP: 78662AAA0<br>LEI: 254900W5MVYX9QDPHC09 | Long             | ABS-CBDO         | CORP              | KY        |   3215000 | PA      | $3224264.34   | 0.23%             | 2038-01-30      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| HalseyPoint CLO Ltd.                   | Sagard-Halseypoint Clo 10 Ltd                  | CUSIP: 78663BAA7<br>LEI: 254900N7LSI0GVY3UO19 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5004570.00   | 0.35%             | 2038-10-20      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Sandstone Peak, Ltd                    | Sandstone Peak III Ltd                         | CUSIP: 799928AA4<br>LEI: 2549005C0PJHMYEI7U38 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7025987.50   | 0.49%             | 2037-04-25      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| Sand Trust                             | Sandstone Peak II Ltd                          | CUSIP: 80013TAL7<br>LEI: 254900ZRRTOYR8JJD593 | Long             | ABS-CBDO         | CORP              | KY        |  11000000 | PA      | $11030802.20  | 0.77%             | 2038-07-20      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                       | Sculptor CLO XXXIV Ltd                         | CUSIP: 81124BAA4<br>LEI: 254900HDB8TKKOZR3P46 | Long             | ABS-CBDO         | CORP              | KY        |   5375000 | PA      | $5391065.88   | 0.38%             | 2038-01-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                       | Sculptor CLO XXIX Ltd                          | CUSIP: 81124EAQ3<br>LEI: 254900GX0OVY3JW8NA67 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012321.50   | 0.35%             | 2038-07-22      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                       | Sculptor CLO XXVIII Ltd                        | CUSIP: 81124LAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4495754.25   | 0.31%             | 2035-01-20      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                       | Sculptor CLO XXX Ltd                           | CUSIP: 81124NAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003275.70   | 0.07%             | 2038-07-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| Sculptor CLO Ltd                       | Sculptor CLO XXXV Ltd                          | CUSIP: 81125MAA9<br>LEI: 254900W8VI21VHPEPZ23 | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8012259.20   | 0.56%             | 2038-04-27      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| 720 East CLO Ltd.                      | 720 East CLO 2022-I Ltd                        | CUSIP: 81785AAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1460000 | PA      | $1463406.76   | 0.10%             | 2038-01-20      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| 720 East CLO Ltd.                      | 720 East CLO IV Ltd                            | CUSIP: 81785BAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006624.60   | 0.14%             | 2037-04-15      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| 720 East CLO Ltd.                      | 720 East CLO 2023-I Ltd                        | CUSIP: 81785EAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10085000 | PA      | $10115138.01  | 0.71%             | 2038-04-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| 720 East CLO Ltd.                      | 720 East CLO VIII Ltd                          | CUSIP: 81785MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006968.40   | 0.21%             | 2038-07-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Signal Peak CLO, LLC                   | Signal Peak CLO 9 Ltd                          | CUSIP: 82670QAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4750000 | PA      | $4763514.70   | 0.33%             | 2038-01-21      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                  | Silver Point CLO 6 Ltd                         | CUSIP: 82808MAA1<br>LEI: 254900RSFBN3VCGBVP05 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4007955.20   | 0.28%             | 2037-10-15      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                  | Silver Point CLO 7 LTD                         | CUSIP: 82808UAA3<br>LEI: 254900UZNMKMPK9GWJ82 | Long             | ABS-CBDO         | CORP              | KY        |   4500000 | PA      | $4512705.30   | 0.32%             | 2038-01-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                  | Silver Point Clo 5 Ltd                         | CUSIP: 82809BAG1<br>LEI: 254900IB4JHW6SUR0Q75 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003000.00   | 0.07%             | 2037-10-20      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                  | Silver Point Clo 4 Ltd                         | CUSIP: 82809EAA8<br>LEI: 254900DVAEEJOXQ8PL85 | Long             | ABS-CBDO         | CORP              | JE        |   5900000 | PA      | $5922656.00   | 0.41%             | 2037-04-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Silver Point CLO, Ltd                  | Silver Point CLO 12 Ltd                        | CUSIP: 82809MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5012721.50   | 0.35%             | 2038-10-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                  | Sixth Street CLO XXV Ltd                       | CUSIP: 83011VAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4850000 | PA      | $4865790.15   | 0.34%             | 2037-07-24      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                  | Sixth Street CLO XX Ltd                        | CUSIP: 83012QAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1900000 | PA      | $1904429.09   | 0.13%             | 2038-07-17      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| Brant Point CLO Ltd                    | Brant Point Clo 2024-4 Ltd                     | CUSIP: 835932AC8<br>LEI: 254900UXN7ENP4VJ9L26 | Long             | ABS-CBDO         | CORP              | JE        |   1700000 | PA      | $1702491.35   | 0.12%             | 2037-07-20      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Sycamore Tree CLO Ltd                  | Sycamore Tree CLO 2023-3 Ltd                   | CUSIP: 87122FAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5017500.00   | 0.35%             | 2037-04-20      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Sycamore Tree CLO Ltd                  | Sycamore Tree CLO 2021-1 Ltd                   | CUSIP: 87122VAS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7450000 | PA      | $7471596.06   | 0.52%             | 2038-01-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XXVIII Ltd                        | CUSIP: 87168BAC4<br>LEI: 54930054F3QGDZOYIH14 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2001262.80   | 0.14%             | 2034-10-23      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO XXXIII Ltd                        | CUSIP: 87169JAL6<br>LEI: 254900K6DKU2R9SF7M98 | Long             | ABS-CBDO         | CORP              | JE        |   5500000 | PA      | $5510952.15   | 0.39%             | 2038-01-24      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Symphony Loan Funding Ltd              | Symphony Loan Funding CLO 1 Ltd                | CUSIP: 87191BAA9<br>LEI: 2549004METMVSMVTI366 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4011554.40   | 0.28%             | 2038-01-22      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                       | Symphony CLO 40 Ltd                            | CUSIP: 871989AP4<br>LEI: 25490001HYY3IX1I5Z32 | Long             | ABS-CBDO         | CORP              | BM        |   4000000 | PA      | $4007654.40   | 0.28%             | 2038-01-05      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| TCW Ltd                                | TCW CLO 2025-1 LTD                             | CUSIP: 872397AC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3003124.80   | 0.21%             | 2038-04-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| TCW Ltd                                | TCW CLO 2019-2 Ltd                             | CUSIP: 87242BBG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2254359.15   | 0.16%             | 2038-01-20      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| TICP CLO Ltd                           | TICP CLO VI 2016-2 Ltd                         | CUSIP: 87246MAS1<br>LEI: 254900JG2DPAYUCW8T83 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000442.20   | 0.07%             | 2034-01-15      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| TCW Ltd                                | TCW CLO 2024-3 Ltd                             | CUSIP: 87252VAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6750000 | PA      | $6769293.53   | 0.47%             | 2037-10-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| 37 Capital CLO Ltd                     | 37 Capital CLO 3 Ltd                           | CUSIP: 88429RAN8<br>LEI: 549300FPWFXA3EQMFB71 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003651.80   | 0.07%             | 2038-07-15      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                       | Trestles CLO IX Ltd                            | CUSIP: 894932AC6<br>LEI: 254900TP9ZGKPKCMHR24 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4000000.00   | 0.28%             | 2039-01-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                       | TRESTLES CLO 2017-1 Ltd                        | CUSIP: 89531FAY3<br>LEI: 254900QSBDX181YYBH38 | Long             | ABS-CBDO         | CORP              | KY        |   5900000 | PA      | $5916437.99   | 0.41%             | 2037-07-25      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                       | TRESTLES CLO III LTD                           | CUSIP: 89532TAQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7800000 | PA      | $7822828.26   | 0.55%             | 2037-10-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                       | Trestles Clo IV Ltd                            | CUSIP: 89532WAA7<br>LEI: 254900EO5I6CR0IOWS98 | Long             | ABS-CBDO         | CORP              | KY        |   1830000 | PA      | $1830047.95   | 0.13%             | 2034-07-21      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| Trestles CLO LTD                       | Trestles CLO VII Ltd                           | CUSIP: 89532XAC1<br>LEI: 254900F81BZ53L0B6092 | Long             | ABS-CBDO         | CORP              | KY        |   4950000 | PA      | $4963891.19   | 0.35%             | 2037-10-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                      | Trimaran CAVU 2024-1 Ltd                       | CUSIP: 895971AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1504136.40   | 0.11%             | 2038-01-25      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXXIII Ltd                        | CUSIP: 895976AE8<br>LEI: 254900BD1TVMJI9ACK12 | Long             | ABS-CBDO         | CORP              | KY        |   1350000 | PA      | $1353132.54   | 0.09%             | 2038-07-22      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Trimaran CAVU Ltd                      | Trimaran CAVU 2022-1 Ltd                       | CUSIP: 89623VAL5<br>LEI: 549300UZ4DECMUVOVS09 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004844.20   | 0.14%             | 2037-10-22      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXV Ltd                           | CUSIP: 89640BAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   2000000 | PA      | $2004663.00   | 0.14%             | 2037-01-23      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXXII Ltd                         | CUSIP: 89642NAA4<br>LEI: 254900KN2E57M5580B74 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5011838.00   | 0.35%             | 2038-07-23      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXIV Ltd                          | CUSIP: 89642XAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   1500000 | PA      | $1505226.45   | 0.11%             | 2037-04-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXIX Ltd                          | CUSIP: 89643BAA9<br>LEI: 2549000HOL90CNMWDO78 | Long             | ABS-CBDO         | CORP              | KY        |   3485000 | PA      | $3495371.36   | 0.24%             | 2037-07-23      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Trinitas CLO Ltd                       | Trinitas CLO XXX Ltd                           | CUSIP: 89643DAA5<br>LEI: 254900TSX6348DURD845 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007931.40   | 0.21%             | 2037-10-23      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2019-3 Ltd                            | CUSIP: 92918FAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1162176 | PA      | $1162285.70   | 0.08%             | 2032-10-17      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2021-2 Ltd                            | CUSIP: 92919AAN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999532.00    | 0.07%             | 2038-04-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2024-1 Ltd                            | CUSIP: 92920DAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3100000 | PA      | $3110026.33   | 0.22%             | 2037-04-15      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Voya CLO Ltd                           | Voya CLO 2022-4 Ltd                            | CUSIP: 92920LAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5515244.90   | 0.39%             | 2037-04-20      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| Warwick Capital CLO Ltd                | Warwick Capital CLO 4 Ltd                      | CUSIP: 93655QAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4900000 | PA      | $4911212.67   | 0.34%             | 2037-07-20      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Warwick Capital CLO Ltd                | Warwick Capital CLO 5 Ltd                      | CUSIP: 93656FAA6<br>LEI: 254900WYTOTUQQSCN403 | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5515316.95   | 0.39%             | 2038-01-20      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Warwick Capital CLO Ltd                | Warwick Capital CLO 7 Ltd                      | CUSIP: 93656JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3007159.80   | 0.21%             | 2038-10-21      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Warwick Capital CLO Ltd                | Warwick Capital CLO 1 Ltd                      | CUSIP: 936919AN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2002935.00   | 0.14%             | 2038-10-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Wehle Park CLO Ltd.                    | Wehle Park CLO Ltd                             | CUSIP: 94860LAL9<br>LEI: 549300H0MQXDP83CAD27 | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5005000.00   | 0.35%             | 2038-10-21      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Wellington Management CLO              | Wellington Management Clo 3 Ltd                | CUSIP: 949575AA2<br>LEI: 2138007662K4YWZ79U31 | Long             | ABS-CBDO         | CORP              | JE        |   6500000 | PA      | $6515648.75   | 0.46%             | 2037-07-18      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Wellington Management CLO              | Wellington Management CLO 1 Ltd                | CUSIP: 94957JAA2<br>LEI: 213800W7PWM3WCMD7X28 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2000000.00   | 0.14%             | 2036-10-20      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO Ltd                       | Whitebox Clo II Ltd                            | CUSIP: 96466CAW8<br>LEI: 549300C89ZJ5IWOT1F21 | Long             | ABS-CBDO         | CORP              | KY        |   3300000 | PA      | $3308825.85   | 0.23%             | 2037-10-24      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO Ltd                       | Whitebox Clo I Ltd                             | CUSIP: 96467FAU4<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |   2270000 | PA      | $2271833.25   | 0.16%             | 2036-07-24      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO Ltd                       | Whitebox Clo I Ltd                             | CUSIP: 96467FAY6<br>LEI: 549300E4AC0513DYO913 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000813.30   | 0.07%             | 2036-07-24      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO Ltd                       | Whitebox CLO III Ltd                           | CUSIP: 96467HAL0<br>LEI: 549300JXCQSPB1A61C68 | Long             | ABS-CBDO         | CORP              | KY        |   8060000 | PA      | $8065044.75   | 0.56%             | 2035-10-15      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Whitebox CLO Ltd                       | Whitebox Clo V Ltd                             | CUSIP: 96467PAA6<br>LEI: 254900XFXCOZ882U2O02 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2004255.40   | 0.14%             | 2038-07-20      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| Wise CLO 2024-2 Ltd                    | Wise CLO 2024-2 Ltd                            | CUSIP: 97718GAA1<br>LEI: 254900UJ1RZE30CBZ497 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4013649.60   | 0.28%             | 2037-07-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** BlackRock ETF Trust II

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer