# EDGAR Filing Document

**Accession Number:** 0000076721
**File Stem:** 0001398344-23-005217
**Filing Date:** 2023-2
**Character Count:** 95410
**Document Hash:** d4b86df189cd75edfa47430287b05227
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-005217.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001398344-23-005217

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMPAX FUNDS SERIES TRUST I
- **CENTRAL INDEX KEY:** 0000076721
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02064
- **FILM NUMBER:** 23687245

**BUSINESS ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852
- **BUSINESS PHONE:** 800-767-1729

**MAIL ADDRESS:**
- **STREET 1:** 30 PENHALLOW STREET, SUITE 400
- **CITY:** PORTSMOUTH
- **STATE:** NH
- **ZIP:** 03801-3852

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD FUNDS SERIES TRUST I
- **DATE OF NAME CHANGE:** 20070831

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND
- **DATE OF NAME CHANGE:** 20061113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PAX WORLD BALANCED FUND INC
- **DATE OF NAME CHANGE:** 20040624

## Series and Classes Contracts Data

### Impax High Yield Bond Fund (Series ID: S000015758)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000043226 | Investor Class      | PAXHX           |
| C000043227 | Institutional Class | PXHIX           |
| C000128847 | Class A             | PXHAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Impax Funds Series Trust I

- **b. Investment Company Act file number:** 811-02064

- **c. CIK number of Registrant:** 0000076721

- **d. LEI of Registrant:** 549300TD5R23SWU72456

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

  - **Street Address 1:** 30 Penhallow St.

  - **City:** Portsmouth

  - **State:** NH

  - **Foreign country:** US

  - **Zip / Postal Code:** 03801

  - **Telephone number:** 800-767-1729

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

- **a. Name of Series:** Impax High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000015758

- **c. LEI of Series:** 549300XS1BN61UNERX35

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $591068381.95

**Total Liabilities:** $6547815.84

**Net Assets:** $584520566.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 34.23 | **1-Year:** 1584.13 | **5-Year:** 7967.62 | **10-Year:** 1604.05 | **30-Year:** 0

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

- **3-Month:** 819.15 | **1-Year:** 33772.49 | **5-Year:** 148156.06 | **10-Year:** 52743.57 | **30-Year:** 2080.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000043226 | -0.71%               | 1.84%                | 2.78%                |
| Class ID C000043227 | -0.69%               | 1.87%                | 2.81%                |
| Class ID C000128847 | -0.70%               | 1.84%                | 2.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-929947.85              | $-5509200.47                               |
| Month 2  | $-1130443.19             | $8958757.90                                |
| Month 3  | $-1138669.62             | $14552199.92                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADAPTHEALTH LLC              | 4.625%   01 Aug 2029    | CUSIP: 00653VAC5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $901441.25    | 0.15%             | 2029-08-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ADAPTHEALTH LLC              | 6.125%   01 Aug 2028    | CUSIP: 00653VAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1910440.07   | 0.33%             | 2028-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM     | 5%   30 Sep 2027        | CUSIP: 00790RAA2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1494520.00   | 0.26%             | 2027-09-30      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM     | 6.375%   15 Jun 2030    | CUSIP: 00790RAB0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2383874.50   | 0.41%             | 2030-06-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AI AQUA MERGER SUB INC       | 1%   31 Jul 2028        | CUSIP: 00132UAG9<br>LEI: N/A | Long             | LON              | CORP              | US        |   1990000 | PA      | $1879306.25   | 0.32%             | 2028-07-31      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| AKUMIN ESCROW INC            | 7.5%   01 Aug 2028      | CUSIP: 01021FAB5<br>LEI: N/A | Long             | DBT              | CORP              | US        |    950000 | PA      | $579952.47    | 0.10%             | 2028-08-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| AKUMIN INC                   | 7%   01 Nov 2025        | CUSIP: 01021FAA7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1275000 | PA      | $914745.51    | 0.16%             | 2025-11-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY       | 4.625%   15 Jan 2027    | CUSIP: 013092AC5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2048354.00   | 0.35%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY       | 3.5%   15 Mar 2029      | CUSIP: 013092AG6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1175000 | PA      | $988398.25    | 0.17%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /     | 6.125%   15 Oct 2026    | CUSIP: 013304AA8<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   1825000 | PA      | $1630144.75   | 0.28%             | 2026-10-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| ALBION FINANCING 2SARL       | 8.75%   15 Apr 2027     | CUSIP: 013305AA5<br>LEI: N/A | Long             | DBT              | CORP              | LU        |    950000 | PA      | $813716.53    | 0.14%             | 2027-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC     | 4.75%   01 Oct 2027     | CUSIP: 019736AE7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2575000 | PA      | $2392326.85   | 0.41%             | 2027-10-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC     | 5.875%   01 Jun 2029    | CUSIP: 019736AF4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1811184.38   | 0.31%             | 2029-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC     | 3.75%   30 Jan 2031     | CUSIP: 019736AG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2038781.25   | 0.35%             | 2031-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ALLY FINANCIAL INC           | 5.75%   20 Nov 2025     | CUSIP: 02005NBF6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1648660.66   | 0.28%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA          | 5.75%   15 Aug 2029     | CUSIP: 02154CAH6<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   2100000 | PA      | $1655719.53   | 0.28%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA     | 6%   15 Feb 2028        | CUSIP: 02156TAA2<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   1025000 | PA      | $607252.76    | 0.10%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA     | 10.5%   15 May 2027     | CUSIP: 02156TAB0<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   4200000 | PA      | $3211530.00   | 0.55%             | 2027-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE SA             | 5.5%   15 Jan 2028      | CUSIP: 02156LAC5<br>LEI: N/A | Long             | DBT              | CORP              | FR        |   3275000 | PA      | $2571759.25   | 0.44%             | 2028-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FRANCE SA             | 5.125%   15 Jul 2029    | CUSIP: 02156LAF8<br>LEI: N/A | Long             | DBT              | CORP              | FR        |   2850000 | PA      | $2141855.34   | 0.37%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| ARCHES BUYER INC             | 4.25%   01 Jun 2028     | CUSIP: 039524AA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3550000 | PA      | $2781216.93   | 0.48%             | 2028-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ARD FINANCE SA               | 6.5%   30 Jun 2027      | CUSIP: 00191AAD8<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   3075000 | PA      | $2143620.81   | 0.37%             | 2027-06-30      | Variable      | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING       | 4%   01 Sep 2029        | CUSIP: 03969YAB4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1012862.93   | 0.17%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING       | 3.25%   01 Sep 2028     | CUSIP: 03969YAA6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $914518.80    | 0.16%             | 2028-09-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING       | 6%   15 Jun 2027        | CUSIP: 03969YAC2<br>LEI: N/A | Long             | DBT              | CORP              | US        |    875000 | PA      | $857666.43    | 0.15%             | 2027-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA     | 4.125%   15 Aug 2026    | CUSIP: 03969AAN0<br>LEI: N/A | Long             | DBT              | CORP              | IE        |   1600000 | PA      | $1389220.93   | 0.24%             | 2026-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA     | 5.25%   15 Aug 2027     | CUSIP: 03969AAP5<br>LEI: N/A | Long             | DBT              | CORP              | IE        |   4525000 | PA      | $3390682.86   | 0.58%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ARMOR HOLDCO INC             | 8.5%   15 Nov 2029      | CUSIP: 04625PAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1184924.22   | 0.20%             | 2029-11-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ARUBA INVESTMENTS INC        | 1%   24 Nov 2027        | CUSIP: 04317JAB4<br>LEI: N/A | Long             | LON              | CORP              | US        |   1790932 | PA      | $1744672.21   | 0.30%             | 2027-11-24      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| ASP UNIFRAX HLDGS INC        | 1%   12 Dec 2025        | CUSIP: 00216UAC7<br>LEI: N/A | Long             | LON              | CORP              | US        |   1989637 | PA      | $1775134.50   | 0.30%             | 2025-12-12      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| ATI INC                      | 5.125%   01 Oct 2031    | CUSIP: 01741RAM4<br>LEI: N/A | Long             | DBT              | CORP              | US        |    950000 | PA      | $841177.08    | 0.14%             | 2031-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ATI INC                      | 4.875%   01 Oct 2029    | CUSIP: 01741RAL6<br>LEI: N/A | Long             | DBT              | CORP              | US        |    950000 | PA      | $840754.75    | 0.14%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATS CORP                     | 4.125%   15 Dec 2028    | CUSIP: 001940AC9<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   3150000 | PA      | $2721411.00   | 0.47%             | 2028-12-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR FUNDING INC          | 3.875%   01 Nov 2029    | CUSIP: 05352TAB5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1766152.50   | 0.30%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR FUNDING INC          | 4.625%   15 Jul 2028    | CUSIP: 05352TAA7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5100032.00   | 0.87%             | 2028-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| AVANTOR INC                  | COMMON STOCK USD.01     | CUSIP: 05352A100<br>LEI: N/A | Long             | EC               | CORP              | US        |     60790 | NS      | $1282061.10   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIENT CORP                  | 7.125%   01 Aug 2030    | CUSIP: 05368VAA4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2936645.82   | 0.50%             | 2030-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BALL CORP                    | 6.875%   15 Mar 2028    | CUSIP: 058498AY2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2056940.00   | 0.35%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BATH + BODY WORKS INC        | 6.95%   01 Mar 2033     | CUSIP: 532716AK3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2109613.44   | 0.36%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| BATH + BODY WORKS INC        | 6.625%   01 Oct 2030    | CUSIP: 501797AW4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2585310.75   | 0.44%             | 2030-10-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC        | 6.125%   01 Feb 2027    | CUSIP: 071734AP2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1312672.00   | 0.22%             | 2027-02-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| BCPE ULYSSES INTERMEDIAT     | 7.75%   01 Apr 2027     | CUSIP: 05553LAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |    575000 | PA      | $356017.45    | 0.06%             | 2027-04-01      | Variable      | 7.75%                 | Yes           |                  2 | On Loan: No      |
| BELLRING BRANDS INC          | 7%   15 Mar 2030        | CUSIP: 07831CAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1951138.13   | 0.33%             | 2030-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC                    | 3.5%   01 Jun 2031      | CUSIP: 852234AP8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3036960.00   | 0.52%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                    | 2.75%   01 Jun 2026     | CUSIP: 852234AN3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $961716.50    | 0.16%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CAMELOT FINANCE SA           | 4.5%   01 Nov 2026      | CUSIP: 13323AAB6<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   2175000 | PA      | $2041891.35   | 0.35%             | 2026-11-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| CARS.COM INC                 | 6.375%   01 Nov 2028    | CUSIP: 14575EAA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3335578.16   | 0.57%             | 2028-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CASTLE US HOLDING CORP       | 9.5%   15 Feb 2028      | CUSIP: 14852LAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1625000 | PA      | $646953.13    | 0.11%             | 2028-02-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | 5.125%   01 May 2027    | CUSIP: 1248EPBT9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1004340.25   | 0.17%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | 5.375%   01 Jun 2029    | CUSIP: 1248EPCB7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3275000 | PA      | $2968869.38   | 0.51%             | 2029-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | 4.5%   01 May 2032      | CUSIP: 1248EPCN1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3925000 | PA      | $3131855.63   | 0.54%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | 4.75%   01 Mar 2030     | CUSIP: 1248EPCD3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   8375000 | PA      | $7241862.50   | 1.24%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CENTENE CORP                 | 4.25%   15 Dec 2027     | CUSIP: 15135BAR2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1010573.33   | 0.17%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                 | 4.625%   15 Dec 2029    | CUSIP: 15135BAT8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   7125000 | PA      | $6527147.09   | 1.12%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC         | 7.5%   01 Jan 2030      | CUSIP: 16115QAF7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2013080.00   | 0.34%             | 2030-01-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CHART INDUSTRIES INC         | 9.5%   01 Jan 2031      | CUSIP: 16115QAG5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1334859.50   | 0.23%             | 2031-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL     | 5.5%   15 Jan 2028      | CUSIP: 16412EAA5<br>LEI: N/A | Long             | DBT              | CORP              | DE        |   2525000 | PA      | $2115394.50   | 0.36%             | 2028-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CIENA CORP                   | 4%   31 Jan 2030        | CUSIP: 171779AL5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1432250.63   | 0.25%             | 2030-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CIMPRESS PLC                 | 7%   15 Jun 2026        | CUSIP: 17186HAC6<br>LEI: N/A | Long             | DBT              | CORP              | IE        |   3150000 | PA      | $2182572.00   | 0.37%             | 2026-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP          | 3.875%   01 Jul 2028    | CUSIP: 18064PAC3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2103871.80   | 0.36%             | 2028-07-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL INTL BV        | 6.625%   01 Aug 2025    | CUSIP: 18452MAB2<br>LEI: N/A | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $955784.16    | 0.16%             | 2025-08-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO     | 7.75%   15 Apr 2028     | CUSIP: 18453HAC0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1828260.80   | 0.31%             | 2028-04-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC       | 4.75%   15 Mar 2028     | CUSIP: 18539UAC9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2010778.08   | 0.34%             | 2028-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC       | 3.75%   15 Jan 2032     | CUSIP: 18539UAE5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1150000 | PA      | $926158.96    | 0.16%             | 2032-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC       | 3.75%   15 Feb 2031     | CUSIP: 18539UAD7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1600683.64   | 0.27%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION       | 8.75%   15 Apr 2030     | CUSIP: 18972EAB1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1544123.77   | 0.26%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| COASTAL ENTERPRISES INC      | 1%   30 Sep 2023        | CUSIP: 936RHCII8<br>LEI: N/A | Long             | DBT              | CORP              | US        |    521055 | PA      | $521055.13    | 0.09%             | 2023-09-30      | Variable      | 1.00%                 | No            |                  3 | On Loan: No      |
| COGENT COMMUNICATIONS GR     | 7%   15 Jun 2027        | CUSIP: 19240CAE3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3385064.41   | 0.58%             | 2027-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| COHERENT CORP                | 5%   15 Dec 2029        | CUSIP: 902104AC2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3625000 | PA      | $3131021.25   | 0.54%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE INC                | 6%   01 Mar 2026        | CUSIP: 20338QAD5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1711157.50   | 0.29%             | 2026-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE INC                | 8.25%   01 Mar 2027     | CUSIP: 20338QAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2225000 | PA      | $1727890.50   | 0.30%             | 2027-03-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| COMMSCOPE INC                | 7.125%   01 Jul 2028    | CUSIP: 203372AV9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2400000 | PA      | $1719585.14   | 0.29%             | 2028-07-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| CROCS INC                    | 4.25%   15 Mar 2029     | CUSIP: 227046AA7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2205775.00   | 0.38%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CROCS INC                    | 4.125%   15 Aug 2031    | CUSIP: 227046AB5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3050000 | PA      | $2489486.25   | 0.43%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC             | 4.625%   01 Dec 2030    | CUSIP: 126307BD8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2725000 | PA      | $1511936.44   | 0.26%             | 2030-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC             | 7.5%   01 Apr 2028      | CUSIP: 126307AY3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2175000 | PA      | $1483785.00   | 0.25%             | 2028-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC             | 6.5%   01 Feb 2029      | CUSIP: 126307AZ0<br>LEI: N/A | Long             | DBT              | CORP              | US        |    800000 | PA      | $655692.00    | 0.11%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC             | 5.75%   15 Jan 2030     | CUSIP: 126307BA4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2725000 | PA      | $1542881.38   | 0.26%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS LLC             | 4.125%   01 Dec 2030    | CUSIP: 126307BB2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1433770.88   | 0.25%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CVR PARTNERS/CVR NITROGE     | 6.125%   15 Jun 2028    | CUSIP: 12663QAC9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2515542.88   | 0.43%             | 2028-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| DANA INC                     | 4.5%   15 Feb 2032      | CUSIP: 235825AJ5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3124247.76   | 0.53%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC      | 6%   15 Jun 2030        | CUSIP: 237266AJ0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5800000 | PA      | $5677330.00   | 0.97%             | 2030-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| DIAMOND BC BV                | 4.625%   01 Oct 2029    | CUSIP: 25257DAA6<br>LEI: N/A | Long             | DBT              | CORP              | NL        |   4000000 | PA      | $3215200.00   | 0.55%             | 2029-10-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC          | 9.375%   15 Jul 2025    | CUSIP: 253651AD5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2652000 | PA      | $1896577.80   | 0.32%             | 2025-07-15      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL     | 8.75%   25 May 2024     | CUSIP: 25381XAA1<br>LEI: N/A | Long             | DBT              | CORP              | JM        |   1000000 | PA      | $861580.00    | 0.15%             | 2024-05-25      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| DIGICEL INTL FIN LTD         | 1%   28 May 2024        | CUSIP: P3562BAD4<br>LEI: N/A | Long             | LON              | CORP              | BM        |    979333 | PA      | $828271.06    | 0.14%             | 2024-05-28      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| DIGICEL LTD                  | 6.75%   01 Mar 2023     | CUSIP: 25380QAH2<br>LEI: N/A | Long             | DBT              | CORP              | JM        |    900000 | PA      | $346122.00    | 0.06%             | 2023-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC        | 5.875%   15 Aug 2027    | CUSIP: 25461LAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2644852.00   | 0.45%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS CORP                | 5.125%   01 Jun 2029    | CUSIP: 25470XBD6<br>LEI: N/A | Long             | DBT              | CORP              | US        |    925000 | PA      | $598461.13    | 0.10%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                | 5.875%   15 Nov 2024    | CUSIP: 25470XAW5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2375000 | PA      | $2211822.99   | 0.38%             | 2024-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                | 7.375%   01 Jul 2028    | CUSIP: 25470XBB0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1435978.13   | 0.25%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC         | 4.5%   15 Apr 2029      | CUSIP: 267475AD3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2833477.95   | 0.48%             | 2029-04-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP        | 4.75%   01 Feb 2030     | CUSIP: 29261AAB6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2529272.74   | 0.43%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ENDURANCE INTERNATIONAL      | 6%   15 Feb 2029        | CUSIP: 29279XAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4175000 | PA      | $2875322.50   | 0.49%             | 2029-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP         | 5.95%   15 Jun 2030     | CUSIP: 29365BAB9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2125000 | PA      | $1962437.50   | 0.34%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ENVEST MICROFINANCE FUND LLC | 4.38%   25 Oct 2023     | CUSIP: 945YYQII2<br>LEI: N/A | Long             | DBT              | CORP              | US        |    150000 | PA      | $150000.00    | 0.03%             | 2023-10-25      | Fixed         | 4.38%                 | No            |                  3 | On Loan: No      |
| ENVEST MICROFINANCE FUND LLC | 4%   20 Apr 2026        | CUSIP: 936UDRII2<br>LEI: N/A | Long             | DBT              | CORP              | US        |    250000 | PA      | $240087.50    | 0.04%             | 2026-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OP CO LP/FIVE     | 7.875%   15 Nov 2025    | CUSIP: 33834YAA6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3595000 | PA      | $3027712.70   | 0.52%             | 2025-11-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR COMPANY           | 4.75%   15 Jan 2043     | CUSIP: 345370CQ1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2450000 | PA      | $1764117.36   | 0.30%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY           | 3.25%   12 Feb 2032     | CUSIP: 345370DA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3850000 | PA      | $2894128.55   | 0.50%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC     | 3.81%   09 Jan 2024     | CUSIP: 345397YG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1025000 | PA      | $998363.18    | 0.17%             | 2024-01-09      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC     | 2.7%   10 Aug 2026      | CUSIP: 345397B77<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1608852.50   | 0.28%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC     | 5.125%   16 Jun 2025    | CUSIP: 345397A60<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3750000 | PA      | $3613281.00   | 0.62%             | 2025-06-16      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC     | 4%   13 Nov 2030        | CUSIP: 345397B36<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3126659.00   | 0.53%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC     | 3.664%   08 Sep 2024    | CUSIP: 345397WW9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1980058.38   | 0.34%             | 2024-09-08      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS      | 5%   01 May 2028        | CUSIP: 35906ABF4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1879121.50   | 0.32%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS      | 6.75%   01 May 2029     | CUSIP: 35906ABG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $890777.25    | 0.15%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS      | 8.75%   15 May 2030     | CUSIP: 35908MAD2<br>LEI: N/A | Long             | DBT              | CORP              | US        |    900000 | PA      | $916825.07    | 0.16%             | 2030-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| GARDEN SPINCO CORP           | 8.625%   20 Jul 2030    | CUSIP: 365417AA2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2972046.00   | 0.51%             | 2030-07-20      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP      | 6.25%   15 Jan 2026     | CUSIP: 36740LAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3075000 | PA      | $2972141.25   | 0.51%             | 2026-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC              | 7.125%   30 Sep 2030    | CUSIP: 668771AL2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1131427.50   | 0.19%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| GEN DIGITAL INC              | 6.75%   30 Sep 2027     | CUSIP: 668771AK4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1962600.00   | 0.34%             | 2027-09-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC        | 4%   01 Aug 2028        | CUSIP: 36168QAL8<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   2925000 | PA      | $2504721.38   | 0.43%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| GOTO GROUP INC               | 5.5%   01 Sep 2027      | CUSIP: 541056AA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3750000 | PA      | $2022757.20   | 0.35%             | 2027-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| GPD COS INC                  | 10.125%   01 Apr 2026   | CUSIP: 64051NAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3725000 | PA      | $3181448.00   | 0.54%             | 2026-04-01      | Fixed         | 10.12%                | Yes           |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC         | 4.625%   15 Dec 2028    | CUSIP: 384311AA4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2344673.97   | 0.40%             | 2028-12-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN     | 3.75%   01 Feb 2030     | CUSIP: 38869AAD9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5400000 | PA      | $4596772.03   | 0.79%             | 2030-02-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GRAY ESCROW II INC           | 5.375%   15 Nov 2031    | CUSIP: 389286AA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2077000.63   | 0.36%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| GRAY TELEVISION INC          | 4.75%   15 Oct 2030     | CUSIP: 389375AL0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3175000 | PA      | $2301875.00   | 0.39%             | 2030-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| GREAT LAKES DREDGE+DOCK      | 5.25%   01 Jun 2029     | CUSIP: 390607AF6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3150000 | PA      | $2452905.00   | 0.42%             | 2029-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GTCR AP FINANCE INC          | 8%   15 May 2027        | CUSIP: 40060QAA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3022299.00   | 0.52%             | 2027-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| GYP HOLDINGS III CORP        | 4.625%   01 May 2029    | CUSIP: 36261NAA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4450000 | PA      | $3639066.58   | 0.62%             | 2029-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT       | 6%   15 Apr 2025        | CUSIP: 418751AB9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1430750.00   | 0.24%             | 2025-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT       | 3.375%   15 Jun 2026    | CUSIP: 418751AE3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4150000 | PA      | $3611288.50   | 0.62%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| HEALTHEQUITY INC             | 4.5%   01 Oct 2029      | CUSIP: 42226AAA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1794057.50   | 0.31%             | 2029-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| HERTZ CORP/THE               | 5%   01 Dec 2029        | CUSIP: 428040DB2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3475000 | PA      | $2640652.50   | 0.45%             | 2029-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC         | 5.9%   01 Feb 2027      | CUSIP: 013817AJ0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1070710.75   | 0.18%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC         | 5.95%   01 Feb 2037     | CUSIP: 013817AK7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1944854.44   | 0.33%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC         | 6.75%   15 Jan 2028     | CUSIP: 022249AU0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $2055628.13   | 0.35%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC     | 8.375%   01 May 2027    | CUSIP: 45174HBD8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1619726.25   | 0.28%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC     | 5.25%   15 Aug 2027     | CUSIP: 45174HBE6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1421511.06   | 0.24%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC     | 4.75%   15 Jan 2028     | CUSIP: 45174HBG1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1652238.00   | 0.28%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH         | 6.375%   15 May 2029    | CUSIP: 44963BAD0<br>LEI: N/A | Long             | DBT              | CORP              | DE        |   3750000 | PA      | $3175593.60   | 0.54%             | 2029-05-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| IMOLA MERGER CORP            | 4.75%   15 May 2029     | CUSIP: 45258LAA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3625000 | PA      | $3152403.60   | 0.54%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| INTERACTIVE HEALTH INC.      | COMMON STOCK            | CUSIP: ACI080GC3<br>LEI: N/A | Long             | EC               | CORP              | US        |       706 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| INTERACTIVE HEALTH, INC.     | PREFERRED STOCK         | CUSIP: ACI080H08<br>LEI: N/A | Long             | EP               | CORP              | US        |      1412 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| INTERFACE INC                | 5.5%   01 Dec 2028      | CUSIP: 458665AS5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4275000 | PA      | $3535580.87   | 0.60%             | 2028-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| IQVIA INC                    | 5%   15 May 2027        | CUSIP: 46266TAA6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3200925.00   | 0.55%             | 2027-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC            | 5%   15 Jul 2028        | CUSIP: 46284VAG6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $967446.84    | 0.17%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC            | 4.875%   15 Sep 2029    | CUSIP: 46284VAF8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5050000 | PA      | $4413094.00   | 0.75%             | 2029-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| KENNEDY WILSON INC           | 4.75%   01 Feb 2030     | CUSIP: 489399AN5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1470315.00   | 0.25%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KENNEDY WILSON INC           | 5%   01 Mar 2031        | CUSIP: 489399AM7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2175000 | PA      | $1640108.12   | 0.28%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KOPPERS INC                  | 6%   15 Feb 2025        | CUSIP: 500605AH3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3472000 | PA      | $3303885.76   | 0.57%             | 2025-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HLD              | 4.125%   31 Jan 2030    | CUSIP: 513272AD6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1857555.00   | 0.32%             | 2030-01-31      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HLD              | 4.375%   31 Jan 2032    | CUSIP: 513272AE4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1837804.50   | 0.31%             | 2032-01-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LAND O LAKES INC             | 7%   31 Dec 2099        | CUSIP: 514666AN6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1485538.13   | 0.25%             | 2099-12-31      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| LBM ACQUISITION LLC          | 6.25%   15 Jan 2029     | CUSIP: 05552BAA4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2125000 | PA      | $1355009.65   | 0.23%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC      | 6.75%   15 Oct 2027     | CUSIP: 50201DAA1<br>LEI: N/A | Long             | DBT              | CORP              | IE        |   1255000 | PA      | $1176336.60   | 0.20%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC      | 5.125%   15 Jul 2029    | CUSIP: 50201DAD5<br>LEI: N/A | Long             | DBT              | CORP              | IE        |   2450000 | PA      | $2033201.49   | 0.35%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| LEEWARD RENEWABL             | 4.25%   01 Jul 2029     | CUSIP: 524590AA4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3850505.42   | 0.66%             | 2029-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC        | 4.625%   15 Sep 2027    | CUSIP: 527298BN2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1605931.25   | 0.27%             | 2027-09-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC          | 15.5%   01 Nov 2023     | CUSIP: 53225HAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2816499 | PA      | $918460.32    | 0.16%             | 2023-11-01      | Fixed         | 15.50%                | Yes           |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC     | 6.75%   15 Feb 2027     | CUSIP: 53523LAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2747970.50   | 0.47%             | 2027-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC       | 4%   15 Feb 2027        | CUSIP: 156700BC9<br>LEI: N/A | Long             | DBT              | CORP              | US        |    900000 | PA      | $764714.26    | 0.13%             | 2027-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC       | 5.375%   15 Jun 2029    | CUSIP: 550241AA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1442525.56   | 0.25%             | 2029-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC       | 5.125%   15 Dec 2026    | CUSIP: 156700BB1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3075000 | PA      | $2678032.88   | 0.46%             | 2026-12-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| MACY S RETAIL HLDGS LLC      | 5.125%   15 Jan 2042    | CUSIP: 55616XAG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1000000 | PA      | $655230.40    | 0.11%             | 2042-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MACY S RETAIL HLDGS LLC      | 6.125%   15 Mar 2032    | CUSIP: 55617LAR3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1284050.00   | 0.22%             | 2032-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MACY S RETAIL HLDGS LLC      | 6.7%   15 Jul 2034      | CUSIP: 55617LAL6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2259252.00   | 0.39%             | 2034-07-15      | Fixed         | 6.70%                 | Yes           |                  2 | On Loan: No      |
| MACY S RETAIL HLDGS LLC      | 5.875%   01 Apr 2029    | CUSIP: 55617LAP7<br>LEI: N/A | Long             | DBT              | CORP              | US        |    825000 | PA      | $731670.14    | 0.13%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV L     | 6.375%   01 Jun 2029    | CUSIP: 56085RAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1100000 | PA      | $822240.05    | 0.14%             | 2029-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| MANITOWOC COMPANY INC        | 9%   01 Apr 2026        | CUSIP: 563571AL2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4175000 | PA      | $3930316.19   | 0.67%             | 2026-04-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| MAXIM CRANE WORKS LLC        | 10.125%   01 Aug 2024   | CUSIP: 18911YAA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3633000 | PA      | $3534945.33   | 0.60%             | 2024-08-01      | Fixed         | 10.12%                | Yes           |                  2 | On Loan: No      |
| MCAFEE CORP                  | 7.375%   15 Feb 2030    | CUSIP: 579063AB4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1329596.24   | 0.23%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| MCAFEE LLC                   | 1%   01 Mar 2029        | CUSIP: 57906HAD9<br>LEI: N/A | Long             | LON              | CORP              | US        |   1741250 | PA      | $1625578.76   | 0.28%             | 2029-03-01      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| MDC HOLDINGS INC             | 3.85%   15 Jan 2030     | CUSIP: 552676AT5<br>LEI: N/A | Long             | DBT              | CORP              | US        |    250000 | PA      | $204024.53    | 0.03%             | 2030-01-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP          | 5.25%   01 Oct 2029     | CUSIP: 62482BAB8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2525000 | PA      | $2010038.88   | 0.34%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER, LP         | 1%   23 Oct 2028        | CUSIP: 58503UAC7<br>LEI: N/A | Long             | LON              | CORP              | US        |   3000000 | PA      | $2856315.00   | 0.49%             | 2028-10-23      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC              | 5.125%   01 Feb 2029    | CUSIP: 588056BB6<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   1825000 | PA      | $1528401.00   | 0.26%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC              | 5.5%   15 Jan 2026      | CUSIP: 588056AW1<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   1075000 | PA      | $1020077.09   | 0.17%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL             | 5.5%   15 Apr 2027      | CUSIP: 552953CF6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2305881.27   | 0.39%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL             | 6.75%   01 May 2025     | CUSIP: 552953CG4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1082171.33   | 0.19%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE         | 5.25%   01 May 2028     | CUSIP: 55916AAA2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2618640.93   | 0.45%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MICHAELS COS INC/THE         | 7.875%   01 May 2029    | CUSIP: 55916AAB0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1390142.68   | 0.24%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| NATURA COSMETICOS SA         | 4.125%   03 May 2028    | CUSIP: 63883KAB1<br>LEI: N/A | Long             | DBT              | CORP              | BR        |   2900000 | PA      | $2369923.50   | 0.41%             | 2028-05-03      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| NCR CORP                     | 5.125%   15 Apr 2029    | CUSIP: 62886EBA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5675000 | PA      | $4756264.04   | 0.81%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC        | 5.5%   15 Apr 2029      | CUSIP: 64083YAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2975000 | PA      | $2606992.50   | 0.45%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NEW ALBERTSONS LP            | 7.75%   15 Jun 2026     | CUSIP: 013104AC8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1047693.50   | 0.18%             | 2026-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC            | 6.375%   15 Sep 2027    | CUSIP: 651229BC9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1763995.00   | 0.30%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC            | 6.625%   15 Sep 2029    | CUSIP: 651229BD7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1756735.25   | 0.30%             | 2029-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC            | 4.75%   01 Nov 2028     | CUSIP: 65336YAN3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3050000 | PA      | $2642855.50   | 0.45%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC            | 5.625%   15 Jul 2027    | CUSIP: 65343HAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2505330.94   | 0.43%             | 2027-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS      | 7.125%   01 Apr 2026    | CUSIP: 62929RAC2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4100000 | PA      | $3850258.75   | 0.66%             | 2026-04-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| NOKIA OYJ                    | 6.625%   15 May 2039    | CUSIP: 654902AC9<br>LEI: N/A | Long             | DBT              | CORP              | FI        |   1450000 | PA      | $1378857.75   | 0.24%             | 2039-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                 | 4.75%   30 Jan 2030     | CUSIP: 670001AE6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3066429.00   | 0.52%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV         | 4.75%   15 Feb 2030     | CUSIP: 67777LAD5<br>LEI: N/A | Long             | DBT              | CORP              | NL        |   2100000 | PA      | $1842004.50   | 0.32%             | 2030-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP     | 4.25%   01 Oct 2028     | CUSIP: 681639AA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1605978.40   | 0.27%             | 2028-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP     | 6.25%   01 Oct 2029     | CUSIP: 681639AB6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1368911.12   | 0.23%             | 2029-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP         | 6.625%   15 Jan 2028    | CUSIP: 85172FAQ2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1822095.50   | 0.31%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP         | 5.375%   15 Nov 2029    | CUSIP: 85172FAR0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1495698.02   | 0.26%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP         | 6.875%   15 Mar 2025    | CUSIP: 85172FAM1<br>LEI: N/A | Long             | DBT              | CORP              | US        |    525000 | PA      | $505525.14    | 0.09%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP         | 3.5%   15 Jan 2027      | CUSIP: 682691AB6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2363277.00   | 0.40%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP               | 6.9%   01 Dec 2027      | CUSIP: 683715AF3<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2002600.00   | 0.34%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| ORGANON + CO/ORG             | 4.125%   30 Apr 2028    | CUSIP: 68622TAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1264188.75   | 0.22%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ORGANON + CO/ORG             | 5.125%   30 Apr 2031    | CUSIP: 68622TAB7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2385996.94   | 0.41%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| OWENS BROCKWAY               | 6.625%   13 May 2027    | CUSIP: 69073TAT0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1822045.05   | 0.31%             | 2027-05-13      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| OWENS BROCKWAY               | 6.375%   15 Aug 2025    | CUSIP: 69073TAS2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1055048.00   | 0.18%             | 2025-08-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS       | 5.875%   01 Oct 2028    | CUSIP: 70052LAB9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1050000 | PA      | $953500.64    | 0.16%             | 2028-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS       | 4.875%   15 May 2029    | CUSIP: 70052LAC7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3052080.00   | 0.52%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT     | 4.5%   15 Aug 2028      | CUSIP: 70339PAA7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2650000 | PA      | $2380771.85   | 0.41%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC        | 4.25%   15 Feb 2029     | CUSIP: 70932MAB3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $839982.18    | 0.14%             | 2029-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC        | 5.75%   15 Sep 2031     | CUSIP: 70932MAC1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2065660.71   | 0.35%             | 2031-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I     | 5.5%   15 Oct 2027      | CUSIP: 69346VAA7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2032373.50   | 0.35%             | 2027-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I     | 4.25%   01 Aug 2029     | CUSIP: 71376LAE0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4075000 | PA      | $3536285.00   | 0.60%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI     | 4.75%   15 Feb 2028     | CUSIP: 71677KAA6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1678342.18   | 0.29%             | 2028-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI     | 7.75%   15 Feb 2029     | CUSIP: 71677KAB4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1952715.06   | 0.33%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC            | 5.75%   01 Mar 2027     | CUSIP: 737446AM6<br>LEI: N/A | Long             | DBT              | CORP              | US        |    758000 | PA      | $734153.32    | 0.13%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC            | 5.5%   15 Dec 2029      | CUSIP: 737446AP9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3174500.00   | 0.54%             | 2029-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| POST HOLDINGS INC            | 4.5%   15 Sep 2031      | CUSIP: 737446AR5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3075000 | PA      | $2590704.57   | 0.44%             | 2031-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC          | 5.125%   15 Jan 2028    | CUSIP: 74112BAL9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2045112.70   | 0.35%             | 2028-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC          | 3.75%   01 Apr 2031     | CUSIP: 74112BAM7<br>LEI: N/A | Long             | DBT              | CORP              | US        |    900000 | PA      | $743350.56    | 0.13%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC     | 5.75%   15 Apr 2026     | CUSIP: 74166MAC0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2050000 | PA      | $1977635.00   | 0.34%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC     | 6.25%   15 Jan 2028     | CUSIP: 74166MAE6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6600000 | PA      | $6020652.00   | 1.03%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PROMONTORIA HOLDING          | 7.875%   01 Mar 2027    | CUSIP: 74349MAA4<br>LEI: N/A | Long             | DBT              | CORP              | NL        |   2600000 | PA      | $2411568.95   | 0.41%             | 2027-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PTC INC                      | 4%   15 Feb 2028        | CUSIP: 69370CAC4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1510436.07   | 0.26%             | 2028-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| RACKSPACE TECHNOLOGY         | 5.375%   01 Dec 2028    | CUSIP: 750098AA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1350000 | PA      | $590593.34    | 0.10%             | 2028-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| RITHM CAPITAL CORP           | 6.25%   15 Oct 2025     | CUSIP: 64828TAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2175000 | PA      | $1955063.24   | 0.33%             | 2025-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD       | 5.75%   07 Sep 2027     | CUSIP: 785712AG5<br>LEI: N/A | Long             | DBT              | CORP              | KY        |   2464000 | PA      | $2277352.00   | 0.39%             | 2027-09-07      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SAFEWAY INC                  | 7.25%   01 Feb 2031     | CUSIP: 786514BA6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2925000 | PA      | $2913548.63   | 0.50%             | 2031-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SEG HLD LLC/SEG FIN CORP     | 5.625%   15 Oct 2028    | CUSIP: 78397KAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3583476.00   | 0.61%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV      | 5.875%   01 Sep 2030    | CUSIP: 81725WAL7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3325000 | PA      | $3155991.45   | 0.54%             | 2030-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SHARED INTEREST INC          | 0.549%   30 Sep 2024    | CUSIP: 964EBKII0<br>LEI: N/A | Long             | DBT              | CORP              | US        |    500000 | PA      | $500000.00    | 0.09%             | 2024-09-30      | Fixed         | 0.55%                 | No            |                  3 | On Loan: No      |
| SHEA HOMES LP/FNDG CP        | 4.75%   01 Apr 2029     | CUSIP: 82088KAJ7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $905628.38    | 0.15%             | 2029-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP        | 4.75%   15 Feb 2028     | CUSIP: 82088KAK4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1836843.75   | 0.31%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC          | 4.125%   01 Jul 2030    | CUSIP: 82967NBG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1675616.63   | 0.29%             | 2030-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC          | 5.5%   01 Jul 2029      | CUSIP: 82967NBC1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1075166.13   | 0.18%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC          | 4%   15 Jul 2028        | CUSIP: 82967NBJ6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3400000 | PA      | $2965548.00   | 0.51%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SKYMILES IP LTD.             | 1%   20 Oct 2027        | CUSIP: 24736CBS2<br>LEI: N/A | Long             | LON              | CORP              | US        |   3000000 | PA      | $3063570.00   | 0.52%             | 2027-10-20      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC          | 5%   01 Oct 2029        | CUSIP: 84762LAV7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $932085.48    | 0.16%             | 2029-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC          | 5.5%   15 Jul 2030      | CUSIP: 84762LAW5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $950475.90    | 0.16%             | 2030-07-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SPECTRUM BRANDS INC          | 3.875%   15 Mar 2031    | CUSIP: 84762LAX3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $837462.46    | 0.14%             | 2031-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| SPRINT CAPITAL CORP          | 6.875%   15 Nov 2028    | CUSIP: 852060AD4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $2106394.88   | 0.36%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SPRINT CAPITAL CORP          | 8.75%   15 Mar 2032     | CUSIP: 852060AT9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1950000 | PA      | $2325092.25   | 0.40%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                   | 7.125%   15 Jun 2024    | CUSIP: 85207UAH8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3725000 | PA      | $3805981.50   | 0.65%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SSC GOVERNMENT MM GVMXX      | SSC GOVERNMENT MM GVMXX | CUSIP: 7839989D1<br>LEI: N/A | Long             | STIV             | CORP              | US        |  12713034 | NS      | $12713033.91  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD INDUSTRIES INC      | 4.375%   15 Jul 2030    | CUSIP: 853496AG2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   6300000 | PA      | $5147160.29   | 0.88%             | 2030-07-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC      | 5%   15 Feb 2027        | CUSIP: 853496AC1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2495388.76   | 0.43%             | 2027-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| STAPLES INC                  | 7.5%   15 Apr 2026      | CUSIP: 855030AN2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3325000 | PA      | $2868610.50   | 0.49%             | 2026-04-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| STAPLES INC                  | 10.75%   15 Apr 2027    | CUSIP: 855030AP7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2925000 | PA      | $2110914.00   | 0.36%             | 2027-04-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP          | 5.875%   01 Sep 2026    | CUSIP: 86745GAF0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2594456.00   | 0.44%             | 2026-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| T MOBILE USA INC             | 4.75%   01 Feb 2028     | CUSIP: 87264AAV7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2143884.16   | 0.37%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| T MOBILE USA INC             | 3.375%   15 Apr 2029    | CUSIP: 87264ABV6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3100000 | PA      | $2736352.95   | 0.47%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD             | 7%   15 Feb 2026        | CUSIP: 876511AF3<br>LEI: N/A | Long             | DBT              | CORP              | CA        |   1650000 | PA      | $1452972.30   | 0.25%             | 2026-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL       | 7.2%   18 Jul 2036      | CUSIP: 87927VAR9<br>LEI: N/A | Long             | DBT              | CORP              | LU        |   1625000 | PA      | $1322035.00   | 0.23%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA           | 5.303%   30 May 2024    | CUSIP: 87927YAA0<br>LEI: N/A | Long             | DBT              | CORP              | IT        |   1225000 | PA      | $1163137.50   | 0.20%             | 2024-05-30      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP        | 5.125%   01 Nov 2027    | CUSIP: 88033GDA5<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4661349.75   | 0.80%             | 2027-11-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP        | 6.125%   15 Jun 2030    | CUSIP: 88033GDP2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2338659.75   | 0.40%             | 2030-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP        | 6.125%   01 Oct 2028    | CUSIP: 88033GDJ6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3875000 | PA      | $3477541.25   | 0.59%             | 2028-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| TEREX CORP                   | 5%   15 May 2029        | CUSIP: 880779BA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3150000 | PA      | $2835078.75   | 0.49%             | 2029-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN     | 5%   31 Jan 2028        | CUSIP: 88104LAE3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1075000 | PA      | $969338.25    | 0.17%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN     | 4.75%   15 Jan 2030     | CUSIP: 88104LAG8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1765341.11   | 0.30%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP      | 7.5%   30 Sep 2029      | CUSIP: 90473LAC6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1192500.00   | 0.20%             | 2029-09-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC     | 6.75%   15 Oct 2028     | CUSIP: 911163AA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   5375000 | PA      | $5173061.25   | 0.89%             | 2028-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM      | 5.25%   15 Jan 2030     | CUSIP: 911365BL7<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2400455.25   | 0.41%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL      | 4.75%   15 Apr 2028     | CUSIP: 91327BAB6<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3075000 | PA      | $2464504.88   | 0.42%             | 2028-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL      | 6.5%   15 Feb 2029      | CUSIP: 91327BAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1378567.75   | 0.24%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS     | 4.5%   01 May 2029      | CUSIP: 914906AV4<br>LEI: N/A | Long             | DBT              | CORP              | US        |   4575000 | PA      | $3834467.63   | 0.66%             | 2029-05-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE       | 4.625%   01 Dec 2029    | CUSIP: 92564RAB1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2962960.00   | 0.51%             | 2029-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VICTORIA S SECRET + CO       | 4.625%   15 Jul 2029    | CUSIP: 926400AA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3775000 | PA      | $2968660.00   | 0.51%             | 2029-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES SHI     | 5.625%   15 Feb 2029    | CUSIP: 92682RAA0<br>LEI: N/A | Long             | DBT              | CORP              | BM        |   3150000 | PA      | $2539845.00   | 0.43%             | 2029-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC     | 5%   15 Jul 2030        | CUSIP: 92769VAJ8<br>LEI: N/A | Long             | DBT              | CORP              | GB        |    925000 | PA      | $743417.88    | 0.13%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN     | 5.5%   15 May 2029      | CUSIP: 92769XAP0<br>LEI: N/A | Long             | DBT              | CORP              | GB        |   1625000 | PA      | $1459355.63   | 0.25%             | 2029-05-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VM CONSOLIDATED INC          | 5.5%   15 Apr 2029      | CUSIP: 91835HAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3395931.00   | 0.58%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VMED O2 UK FINAN             | 4.75%   15 Jul 2031     | CUSIP: 92858RAB6<br>LEI: N/A | Long             | DBT              | CORP              | GB        |   2100000 | PA      | $1710040.50   | 0.29%             | 2031-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VTR COMUNICACIONES SPA       | 5.125%   15 Jan 2028    | CUSIP: 918367AA1<br>LEI: N/A | Long             | DBT              | CORP              | CL        |   1803000 | PA      | $1122605.77   | 0.19%             | 2028-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| VTR FINANCE BV               | 6.375%   15 Jul 2028    | CUSIP: 918374AA7<br>LEI: N/A | Long             | DBT              | CORP              | CL        |   1175000 | PA      | $455660.08    | 0.08%             | 2028-07-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV      | 5%   15 Jan 2032        | CUSIP: 91845AAA3<br>LEI: N/A | Long             | DBT              | CORP              | NL        |   3250000 | PA      | $2646902.08   | 0.45%             | 2032-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC        | 5.75%   15 Apr 2026     | CUSIP: 93710WAA3<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3150000 | PA      | $2972513.25   | 0.51%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC          | 6.875%   15 Oct 2028    | CUSIP: 96350RAA2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1559958.88   | 0.27%             | 2028-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| WHOLE EARTH BRANDS INC       | 1%   05 Feb 2028        | CUSIP: 96684XAD0<br>LEI: N/A | Long             | LON              | CORP              | US        |   3023835 | PA      | $2793267.17   | 0.48%             | 2028-02-05      | None          | 1.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INTL       | 4.625%   15 Aug 2028    | CUSIP: 96950GAE2<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2215045.00   | 0.38%             | 2028-08-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WW INTERNATIONAL INC         | 4.5%   15 Apr 2029      | CUSIP: 98262PAA9<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3250000 | PA      | $1627892.50   | 0.28%             | 2029-04-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ZI TECH LLC/ZI FIN CORP      | 3.875%   01 Feb 2029    | CUSIP: 98981BAA0<br>LEI: N/A | Long             | DBT              | CORP              | US        |   3225000 | PA      | $2714345.18   | 0.46%             | 2029-02-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| ZIPRECRUITER INC             | 5%   15 Jan 2030        | CUSIP: 98980BAA1<br>LEI: N/A | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2167515.00   | 0.37%             | 2030-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** Impax Funds Series Trust I

**Signature:** /s/ Alicia DuBois

**Name of Signer:** Alicia DuBois

**Title:** Treasurer