# EDGAR Filing Document

**Accession Number:** 0001636289
**File Stem:** 0000940400-26-026167
**Filing Date:** 2026-6
**Character Count:** 212017
**Document Hash:** 2906d9b3f9232de69090b743a5e02f83
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-026167.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0000940400-26-026167

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20270131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Diversified Income & Convertible Fund
- **CENTRAL INDEX KEY:** 0001636289

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23039
- **FILM NUMBER:** 261132227

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** (866) 270-7598

**MAIL ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus AllianzGI Diversified Income & Convertible Fund
- **DATE OF NAME CHANGE:** 20210212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus AllianzGI Diversified Income & Convertible
- **DATE OF NAME CHANGE:** 20210210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AllianzGI Diversified Income & Convertible Fund
- **DATE OF NAME CHANGE:** 20150325

## Nport-Ex

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**April 30, 2026**

($ reported in thousands)

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

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Convertible Bonds and Notes—71.7%** | **Convertible Bonds and Notes—71.7%** | **Convertible Bonds and Notes—71.7%** |
| **Aerospace & Defense—1.1%** | **Aerospace & Defense—1.1%** |  |
| &nbsp;&nbsp;&nbsp; AeroVironment, Inc. <br>0.000%, 7/15/30<br>| $670 | &nbsp;&nbsp; $680 |
| &nbsp;&nbsp;&nbsp; Intuitive Machines, Inc. 144A <br>2.500%, 10/1/30<sup>(1)</sup> <br>| 1070 | &nbsp;&nbsp; 2370 |
|  |  | &nbsp;&nbsp; 3050 |
| **Auto Manufacturers—1.0%** | **Auto Manufacturers—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Rivian Automotive, Inc. <br>4.625%, 3/15/29<br>| 2380 | &nbsp;&nbsp; 2719 |
| **Biotechnology—2.9%** | **Biotechnology—2.9%** |  |
| Bridgebio Pharma, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>2.250%, 2/1/29 | 1495 | &nbsp;&nbsp; 1658 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.750%, 2/1/33<sup>(1)</sup> <br>| 245 | &nbsp;&nbsp; 243 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. 144A <br>0.000%, 2/15/31<sup>(1)</sup> <br>| 2325 | &nbsp;&nbsp; 2259 |
| Ionis Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>1.750%, 6/15/28 | 770 | &nbsp;&nbsp; 1143 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.000%, 12/1/30<sup>(1)</sup> <br>| 1210 | &nbsp;&nbsp; 1255 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals, Inc. 144A <br>0.750%, 10/1/30<sup>(1)</sup> <br>| 1185 | &nbsp;&nbsp; 1589 |
|  |  | &nbsp;&nbsp; 8147 |
| **Commercial Services—2.8%** | **Commercial Services—2.8%** |  |
| &nbsp;&nbsp;&nbsp; Affirm Holdings, Inc. <br>0.750%, 12/15/29<br>| 2295 | &nbsp;&nbsp; 2421 |
| &nbsp;&nbsp;&nbsp; Block, Inc. <br>0.250%, 11/1/27<br>| 2760 | &nbsp;&nbsp; 2592 |
| &nbsp;&nbsp;&nbsp; Global Payments, Inc. <br>1.500%, 3/1/31<br>| 1425 | &nbsp;&nbsp; 1279 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, Inc. <br>0.500%, 8/1/27<br>| 1935 | &nbsp;&nbsp; 1823 |
|  |  | &nbsp;&nbsp; 8115 |
| **Computers—9.9%** | **Computers—9.9%** |  |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. 144A <br>0.375%, 3/15/32<sup>(1)</sup> <br>| 1950 | &nbsp;&nbsp; 9547 |
| &nbsp;&nbsp;&nbsp; Parsons Corp. <br>2.625%, 3/1/29<br>| 680 | &nbsp;&nbsp; 668 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman <br>3.500%, 6/1/28<br>| 480 | &nbsp;&nbsp; 3909 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. <br>3.000%, 11/15/28<br>| 1150 | &nbsp;&nbsp; 13215 |
| &nbsp;&nbsp;&nbsp; Zscaler, Inc. 144A <br>0.000%, 7/15/28<sup>(1)(2)</sup> <br>| 1185 | &nbsp;&nbsp; 1075 |
|  |  | &nbsp;&nbsp; 28414 |
| **Diversified REITs—1.0%** | **Diversified REITs—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust LP 144A <br>1.875%, 11/15/29<sup>(1)</sup> <br>| 2545 | &nbsp;&nbsp; 2855 |
| **Electric Utilities—5.7%** | **Electric Utilities—5.7%** |  |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. 144A <br>3.625%, 1/15/29<sup>(1)</sup> <br>| 2215 | &nbsp;&nbsp; 2420 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings, Inc. <br>3.000%, 3/1/27<br>| 4025 | &nbsp;&nbsp; 5850 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Electric Utilities—continued** | **Electric Utilities—continued** |  |
| &nbsp;&nbsp;&nbsp; Ormat Technologies, Inc. Series A 144A <br>1.500%, 3/15/31<sup>(1)</sup> <br>| $2155 | &nbsp;&nbsp; $2281 |
| &nbsp;&nbsp;&nbsp; Southern Co. (The) 144A <br>3.250%, 6/15/28<sup>(1)</sup> <br>| 2635 | &nbsp;&nbsp; 2678 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. 144A <br>3.375%, 6/1/28<sup>(1)</sup> <br>| 3070 | &nbsp;&nbsp; 3202 |
|  |  | &nbsp;&nbsp; 16431 |
| **Electronics—1.5%** | **Electronics—1.5%** |  |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc. 144A <br>0.250%, 6/1/30<sup>(1)</sup> <br>| 1010 | &nbsp;&nbsp; 1140 |
| &nbsp;&nbsp;&nbsp; OSI Systems, Inc. 144A <br>0.500%, 2/1/31<sup>(1)</sup> <br>| 2855 | &nbsp;&nbsp; 3050 |
|  |  | &nbsp;&nbsp; 4190 |
| **Energy-Alternate Sources—0.3%** | **Energy-Alternate Sources—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Array Technologies, Inc. 144A <br>2.875%, 7/1/31<sup>(1)</sup> <br>| 620 | &nbsp;&nbsp; 803 |
| **Engineering & Construction—0.9%** | **Engineering & Construction—0.9%** |  |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. <br>3.250%, 6/15/30<br>| 1450 | &nbsp;&nbsp; 2668 |
| **Entertainment—3.4%** | **Entertainment—3.4%** |  |
| &nbsp;&nbsp;&nbsp; DraftKings Holdings, Inc. <br>0.000%, 3/15/28<sup>(2)</sup> <br>| 1565 | &nbsp;&nbsp; 1428 |
| &nbsp;&nbsp;&nbsp; IMAX Corp. 144A <br>0.750%, 11/15/30<sup>(1)</sup> <br>| 1660 | &nbsp;&nbsp; 1854 |
| Live Nation Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>2.875%, 1/15/30 | 5025 | &nbsp;&nbsp; 5596 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 2.875%, 10/15/31<sup>(1)</sup> <br>| 770 | &nbsp;&nbsp; 798 |
|  |  | &nbsp;&nbsp; 9676 |
| **Financial Services—3.9%** | **Financial Services—3.9%** |  |
| Coinbase Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.500%, 6/1/26 | 2180 | &nbsp;&nbsp; 2172 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.000%, 10/1/29<sup>(1)(2)</sup> <br>| 3545 | &nbsp;&nbsp; 3223 |
| &nbsp;&nbsp;&nbsp; Dave, Inc. 144A <br>0.000%, 4/1/31<sup>(1)</sup> <br>| 1240 | &nbsp;&nbsp; 1513 |
| &nbsp;&nbsp;&nbsp; Galaxy Digital Holdings LP 144A <br>0.500%, 5/1/31<sup>(1)</sup> <br>| 2150 | &nbsp;&nbsp; 1851 |
| &nbsp;&nbsp;&nbsp; SoFi Technologies, Inc. 144A <br>0.000%, 10/15/26<sup>(1)</sup> <br>| 1105 | &nbsp;&nbsp; 1123 |
| &nbsp;&nbsp;&nbsp; WisdomTree, Inc. 144A <br>4.625%, 8/15/30<sup>(1)</sup> <br>| 1120 | &nbsp;&nbsp; 1312 |
|  |  | &nbsp;&nbsp; 11194 |
| **Ground Transportation—0.1%** | **Ground Transportation—0.1%** |  |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. 144A <br>0.000%, 5/15/28<sup>(1)</sup> <br>| 385 | &nbsp;&nbsp; 420 |
| **Health Care REITs—2.2%** | **Health Care REITs—2.2%** |  |
| &nbsp;&nbsp;&nbsp; Welltower OP LLC 144A <br>3.125%, 7/15/29<sup>(1)</sup> <br>| 3590 | &nbsp;&nbsp; 6213 |
| **Healthcare-Products—2.7%** | **Healthcare-Products—2.7%** |  |
| &nbsp;&nbsp;&nbsp; Alphatec Holdings, Inc. <br>0.750%, 3/15/30<br>| 985 | &nbsp;&nbsp; 975 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Healthcare-Products—continued** | **Healthcare-Products—continued** |  |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. <br>1.750%, 8/15/28<br>| $1910 | &nbsp;&nbsp; $1900 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. 144A <br>0.000%, 5/15/33<sup>(1)</sup> <br>| 1415 | &nbsp;&nbsp; 1478 |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care, Inc. <br>1.500%, 3/15/29<br>| 1985 | &nbsp;&nbsp; 2024 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. <br>1.500%, 6/1/28<br>| 930 | &nbsp;&nbsp; 1223 |
|  |  | &nbsp;&nbsp; 7600 |
| **Healthcare-Services—0.8%** | **Healthcare-Services—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Alignment Healthcare, Inc. <br>4.250%, 11/15/29<br>| 1375 | &nbsp;&nbsp; 2274 |
| **Industrial REITs—0.6%** | **Industrial REITs—0.6%** |  |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty LP 144A <br>4.375%, 3/15/27<sup>(1)</sup> <br>| 1745 | &nbsp;&nbsp; 1739 |
| **Internet—1.2%** | **Internet—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd. <br>0.500%, 6/1/31<br>| 795 | &nbsp;&nbsp; 1148 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. 144A <br>0.000%, 5/15/30<sup>(1)</sup> <br>| 1185 | &nbsp;&nbsp; 1130 |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. <br>0.875%, 12/1/28<br>| 1050 | &nbsp;&nbsp; 1284 |
|  |  | &nbsp;&nbsp; 3562 |
| **Investment Companies—3.0%** | **Investment Companies—3.0%** |  |
| &nbsp;&nbsp;&nbsp; Cipher Digital, Inc. 144A <br>0.000%, 10/1/31<sup>(1)</sup> <br>| 1095 | &nbsp;&nbsp; 1520 |
| &nbsp;&nbsp;&nbsp; IREN Ltd. 144A <br>0.000%, 7/1/31<sup>(1)</sup> <br>| 1970 | &nbsp;&nbsp; 1704 |
| &nbsp;&nbsp;&nbsp; Riot Platforms, Inc. <br>0.750%, 1/15/30<br>| 1265 | &nbsp;&nbsp; 1804 |
| &nbsp;&nbsp;&nbsp; Terawulf, Inc. 144A <br>0.000%, 5/1/32<sup>(1)</sup> <br>| 2550 | &nbsp;&nbsp; 3480 |
|  |  | &nbsp;&nbsp; 8508 |
| **Leisure Time—0.8%** | **Leisure Time—0.8%** |  |
| &nbsp;&nbsp;&nbsp; NCL Corp., Ltd. 144A <br>0.750%, 9/15/30<sup>(1)</sup> <br>| 2495 | &nbsp;&nbsp; 2338 |
| **Machinery-Construction & Mining—2.3%** | **Machinery-Construction & Mining—2.3%** |  |
| &nbsp;&nbsp;&nbsp; Bloom Energy Corp. 144A <br>0.000%, 11/15/30<sup>(1)</sup> <br>| 2720 | &nbsp;&nbsp; 4735 |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. 144A <br>0.000%, 11/1/30<sup>(1)</sup> <br>| 1730 | &nbsp;&nbsp; 1872 |
|  |  | &nbsp;&nbsp; 6607 |
| **Mining—1.0%** | **Mining—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp. 144A <br>0.000%, 8/15/32<sup>(1)</sup> <br>| 790 | &nbsp;&nbsp; 941 |
| &nbsp;&nbsp;&nbsp; MP Materials Corp. 144A <br>3.000%, 3/1/30<sup>(1)</sup> <br>| 625 | &nbsp;&nbsp; 1972 |
|  |  | &nbsp;&nbsp; 2913 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Miscellaneous Manufacturing—0.7%** | **Miscellaneous Manufacturing—0.7%** |  |
| &nbsp;&nbsp;&nbsp; JBT Marel Corp. 144A <br>0.375%, 9/15/30<sup>(1)</sup> <br>| $2025 | &nbsp;&nbsp; $1904 |
| **Office REITs—0.4%** | **Office REITs—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Boston Properties LP 144A <br>2.000%, 10/1/30<sup>(1)</sup> <br>| 1175 | &nbsp;&nbsp; 1099 |
| **Oil, Gas & Consumable Fuels—2.5%** | **Oil, Gas & Consumable Fuels—2.5%** |  |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co. 144A <br>2.750%, 3/15/31<sup>(1)</sup> <br>| 1610 | &nbsp;&nbsp; 1852 |
| &nbsp;&nbsp;&nbsp; Liberty Energy, Inc. 144A <br>0.000%, 3/1/31<sup>(1)</sup> <br>| 725 | &nbsp;&nbsp; 872 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. <br>3.625%, 4/15/29<br>| 1765 | &nbsp;&nbsp; 1871 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure, Inc. <br>0.250%, 10/1/31<br>| 1715 | &nbsp;&nbsp; 2620 |
|  |  | &nbsp;&nbsp; 7215 |
| **Pharmaceuticals—1.6%** | **Pharmaceuticals—1.6%** |  |
| &nbsp;&nbsp;&nbsp; Indivior Pharmaceuticals, Inc. 144A <br>0.625%, 3/15/31<sup>(1)</sup> <br>| 1105 | &nbsp;&nbsp; 1256 |
| &nbsp;&nbsp;&nbsp; Jazz Investments I Ltd. <br>3.125%, 9/15/30<br>| 2265 | &nbsp;&nbsp; 3384 |
|  |  | &nbsp;&nbsp; 4640 |
| **Real Estate—0.4%** | **Real Estate—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Compass, Inc. 144A <br>0.250%, 4/15/31<sup>(1)</sup> <br>| 1275 | &nbsp;&nbsp; 1119 |
| **Retail—1.0%** | **Retail—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Burlington Stores, Inc. <br>1.250%, 12/15/27<br>| 980 | &nbsp;&nbsp; 1594 |
| &nbsp;&nbsp;&nbsp; Freshpet, Inc. <br>3.000%, 4/1/28<br>| 1005 | &nbsp;&nbsp; 1234 |
|  |  | &nbsp;&nbsp; 2828 |
| **Semiconductors—5.9%** | **Semiconductors—5.9%** |  |
| &nbsp;&nbsp;&nbsp; Cohu, Inc. 144A <br>1.500%, 1/15/31<sup>(1)</sup> <br>| 1060 | &nbsp;&nbsp; 2021 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. <br>0.000%, 12/15/29<sup>(2)</sup> <br>| 1455 | &nbsp;&nbsp; 2559 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. <br>0.750%, 6/1/30<br>| 2450 | &nbsp;&nbsp; 2674 |
| &nbsp;&nbsp;&nbsp; MKS, Inc. <br>1.250%, 6/1/30<br>| 1450 | &nbsp;&nbsp; 2852 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. <br>0.500%, 3/1/29<br>| 1275 | &nbsp;&nbsp; 1553 |
| &nbsp;&nbsp;&nbsp; Semtech Corp. 144A <br>0.000%, 10/15/30<sup>(1)</sup> <br>| 1430 | &nbsp;&nbsp; 1909 |
| &nbsp;&nbsp;&nbsp; Synaptics, Inc. <br>0.750%, 12/1/31<br>| 850 | &nbsp;&nbsp; 1045 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, Inc. 144A <br>0.000%, 3/15/31<sup>(1)</sup> <br>| 1810 | &nbsp;&nbsp; 2241 |
|  |  | &nbsp;&nbsp; 16854 |
| **Software—8.1%** | **Software—8.1%** |  |
| Akamai Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.375%, 9/1/27 | 3755 | &nbsp;&nbsp; 4159 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Software—continued** | **Software—continued** |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.250%, 5/15/33<sup>(1)</sup> <br>| $855 | &nbsp;&nbsp; $1122 |
| &nbsp;&nbsp;&nbsp; BILL Holdings, Inc. <br>0.000%, 4/1/30<sup>(2)</sup> <br>| 1705 | &nbsp;&nbsp; 1510 |
| &nbsp;&nbsp;&nbsp; Cloudflare, Inc. <br>0.000%, 8/15/26<br>| 2450 | &nbsp;&nbsp; 2846 |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc. 144A <br>1.750%, 12/1/31<sup>(1)</sup> <br>| 3470 | &nbsp;&nbsp; 4496 |
| &nbsp;&nbsp;&nbsp; Datadog, Inc. <br>0.000%, 12/1/29<br>| 3410 | &nbsp;&nbsp; 3429 |
| &nbsp;&nbsp;&nbsp; Nebius Group N.V. 144A <br>1.250%, 3/15/31<sup>(1)</sup> <br>| 1960 | &nbsp;&nbsp; 2175 |
| &nbsp;&nbsp;&nbsp; Snowflake, Inc. <br>0.000%, 10/1/29<br>| 265 | &nbsp;&nbsp; 311 |
| &nbsp;&nbsp;&nbsp; Strategy, Inc. <br>0.000%, 12/1/29<sup>(2)</sup> <br>| 3620 | &nbsp;&nbsp; 3127 |
|  |  | &nbsp;&nbsp; 23175 |
| **Telecommunications—1.3%** | **Telecommunications—1.3%** |  |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile, Inc. 144A <br>2.000%, 1/15/36<sup>(1)</sup> <br>| 1840 | &nbsp;&nbsp; 1869 |
| &nbsp;&nbsp;&nbsp; Viavi Solutions, Inc. 144A <br>0.625%, 3/1/31<sup>(1)</sup> <br>| 450 | &nbsp;&nbsp; 1754 |
|  |  | &nbsp;&nbsp; 3623 |
| **Transportation—0.7%** | **Transportation—0.7%** |  |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers, Inc. 144A <br>1.750%, 4/15/31<sup>(1)</sup> <br>| 1745 | &nbsp;&nbsp; 1955 |
| **Total Convertible Bonds and Notes** <br>**(Identified Cost $170,498)** | **Total Convertible Bonds and Notes** <br>**(Identified Cost $170,498)** | &nbsp;&nbsp; **204848** |
| **Corporate Bonds and Notes—17.7%** | **Corporate Bonds and Notes—17.7%** | **Corporate Bonds and Notes—17.7%** |
| **Aerospace & Defense—0.9%** | **Aerospace & Defense—0.9%** |  |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC 144A <br>6.750%, 3/15/29<sup>(1)</sup> <br>| 535 | &nbsp;&nbsp; 551 |
| &nbsp;&nbsp;&nbsp; Bombardier, Inc. 144A <br>6.750%, 6/15/33<sup>(1)</sup> <br>| 850 | &nbsp;&nbsp; 886 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.750%, 1/31/34<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 565 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.125%, 7/31/34<sup>(1)</sup> <br>| 565 | &nbsp;&nbsp; 566 |
|  |  | &nbsp;&nbsp; 2568 |
| **Auto Components—0.1%** | **Auto Components—0.1%** |  |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co. (The) <br>6.625%, 7/15/30<br>| 355 | &nbsp;&nbsp; 352 |
| **Automotive Parts & Equipment—0.8%** | **Automotive Parts & Equipment—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd. 144A <br>7.500%, 2/15/33<sup>(1)</sup> <br>| 565 | &nbsp;&nbsp; 578 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc. 144A <br>7.750%, 10/15/33<sup>(1)</sup> <br>| 535 | &nbsp;&nbsp; 522 |
| &nbsp;&nbsp;&nbsp; Clarios Global LP 144A <br>6.750%, 9/15/32<sup>(1)</sup> <br>| 400 | &nbsp;&nbsp; 409 |
| &nbsp;&nbsp;&nbsp; Garrett Motion Holdings, Inc. 144A <br>7.750%, 5/31/32<sup>(1)</sup> <br>| 385 | &nbsp;&nbsp; 402 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Automotive Parts & Equipment—continued** | **Automotive Parts & Equipment—continued** |  |
| &nbsp;&nbsp;&nbsp; Tenneco, Inc. 144A <br>8.000%, 11/17/28<sup>(1)</sup> <br>| $405 | &nbsp;&nbsp; $410 |
|  |  | &nbsp;&nbsp; 2321 |
| **Biotechnology—0.2%** | **Biotechnology—0.2%** |  |
| &nbsp;&nbsp;&nbsp; GENMAB A/S 144A <br>7.250%, 12/15/33<sup>(1)</sup> <br>| 500 | &nbsp;&nbsp; 521 |
| **Building Materials—0.6%** | **Building Materials—0.6%** |  |
| &nbsp;&nbsp;&nbsp; Ameritex Holdco Intermediate LLC 144A <br>7.625%, 8/15/33<sup>(1)</sup> <br>| 365 | &nbsp;&nbsp; 379 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc. 144A <br>6.375%, 6/15/32<sup>(1)</sup> <br>| 470 | &nbsp;&nbsp; 473 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc. 144A <br>6.750%, 3/1/33<sup>(1)</sup> <br>| 815 | &nbsp;&nbsp; 827 |
|  |  | &nbsp;&nbsp; 1679 |
| **Chemicals—0.3%** | **Chemicals—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC <br>6.750%, 4/15/33<br>| 405 | &nbsp;&nbsp; 417 |
| &nbsp;&nbsp;&nbsp; Chemours Co. (The) 144A <br>7.875%, 3/15/34<sup>(1)</sup> <br>| 500 | &nbsp;&nbsp; 512 |
|  |  | &nbsp;&nbsp; 929 |
| **Commercial Services—1.0%** | **Commercial Services—1.0%** |  |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC 144A <br>8.000%, 2/15/31<sup>(1)</sup> <br>| 415 | &nbsp;&nbsp; 419 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp. 144A <br>8.000%, 6/1/29<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 273 |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com, Inc. 144A <br>8.625%, 5/15/32<sup>(1)</sup> <br>| 505 | &nbsp;&nbsp; 536 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc. 144A <br>7.250%, 6/15/33<sup>(1)</sup> <br>| 660 | &nbsp;&nbsp; 691 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC 144A <br>6.750%, 8/15/32<sup>(1)</sup> <br>| 565 | &nbsp;&nbsp; 564 |
| &nbsp;&nbsp;&nbsp; Williams Scotsman, Inc. 144A <br>6.625%, 4/15/30<sup>(1)</sup> <br>| 485 | &nbsp;&nbsp; 499 |
|  |  | &nbsp;&nbsp; 2982 |
| **Computers—0.5%** | **Computers—0.5%** |  |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. 144A <br>6.375%, 6/15/33<sup>(1)</sup> <br>| 425 | &nbsp;&nbsp; 435 |
| &nbsp;&nbsp;&nbsp; McAfee Corp. 144A <br>7.375%, 2/15/30<sup>(1)</sup> <br>| 420 | &nbsp;&nbsp; 340 |
| &nbsp;&nbsp;&nbsp; Seagate Data Storage Technology Pte Ltd. 144A <br>8.500%, 7/15/31<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 576 |
|  |  | &nbsp;&nbsp; 1351 |
| **Containers & Packaging—0.4%** | **Containers & Packaging—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions Holding Co. 144A <br>7.875%, 4/15/30<sup>(1)</sup> <br>| 580 | &nbsp;&nbsp; 586 |
| &nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 144A <br>7.250%, 5/15/31<sup>(1)</sup> <br>| 430 | &nbsp;&nbsp; 411 |
|  |  | &nbsp;&nbsp; 997 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Diversified REITs—0.4%** | **Diversified REITs—0.4%** |  |
| Iron Mountain, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.000%, 2/15/29<sup>(1)</sup> <br>| $430 | &nbsp;&nbsp; $439 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.250%, 1/15/33<sup>(1)</sup> <br>| 575 | &nbsp;&nbsp; 584 |
|  |  | &nbsp;&nbsp; 1023 |
| **Electric Utilities—0.5%** | **Electric Utilities—0.5%** |  |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. 144A <br>6.250%, 11/1/34<sup>(1)</sup> <br>| 700 | &nbsp;&nbsp; 708 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC 144A <br>6.500%, 2/1/36<sup>(1)</sup> <br>| 570 | &nbsp;&nbsp; 572 |
|  |  | &nbsp;&nbsp; 1280 |
| **Electronic Equipment, Instruments & Components—0.2%** | **Electronic Equipment, Instruments & Components—0.2%** |  |
| WESCO Distribution, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 3/15/33<sup>(1)</sup> <br>| 265 | &nbsp;&nbsp; 274 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 5.500%, 4/15/34<sup>(1)</sup> <br>| 410 | &nbsp;&nbsp; 409 |
|  |  | &nbsp;&nbsp; 683 |
| **Entertainment—0.5%** | **Entertainment—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc. 144A <br>6.000%, 10/15/32<sup>(1)</sup> <br>| 600 | &nbsp;&nbsp; 538 |
| &nbsp;&nbsp;&nbsp; Churchill Downs, Inc. 144A <br>6.750%, 5/1/31<sup>(1)</sup> <br>| 285 | &nbsp;&nbsp; 291 |
| &nbsp;&nbsp;&nbsp; Light & Wonder International, Inc. 144A <br>6.250%, 10/1/33<sup>(1)</sup> <br>| 415 | &nbsp;&nbsp; 412 |
| &nbsp;&nbsp;&nbsp; Starz Capital Holdings 1, Inc. 144A <br>6.000%, 4/15/30<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 255 |
|  |  | &nbsp;&nbsp; 1496 |
| **Environmental Services—0.2%** | **Environmental Services—0.2%** |  |
| &nbsp;&nbsp;&nbsp; GFL Environmental, Inc. 144A <br>6.750%, 1/15/31<sup>(1)</sup> <br>| 385 | &nbsp;&nbsp; 399 |
| &nbsp;&nbsp;&nbsp; Waste Pro USA, Inc. 144A <br>7.000%, 2/1/33<sup>(1)</sup> <br>| 265 | &nbsp;&nbsp; 270 |
|  |  | &nbsp;&nbsp; 669 |
| **Financial Services—1.2%** | **Financial Services—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Navient Corp. <br>7.875%, 6/15/32<br>| 300 | &nbsp;&nbsp; 289 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>7.125%, 11/15/31 | 270 | &nbsp;&nbsp; 274 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>7.125%, 9/15/32 | 535 | &nbsp;&nbsp; 543 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>6.750%, 9/15/33 | 285 | &nbsp;&nbsp; 280 |
| PennyMac Financial Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.875%, 12/15/29<sup>(1)</sup> <br>| 265 | &nbsp;&nbsp; 275 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.875%, 2/15/33<sup>(1)</sup> <br>| 280 | &nbsp;&nbsp; 275 |
| &nbsp;&nbsp;&nbsp; PRA Group, Inc. 144A <br>8.375%, 2/1/28<sup>(1)</sup> <br>| 280 | &nbsp;&nbsp; 284 |
| Rocket Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.125%, 2/1/32<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 568 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 8/1/33<sup>(1)</sup> <br>| 540 | &nbsp;&nbsp; 547 |
|  |  | &nbsp;&nbsp; 3335 |
| **Food & Beverage—0.5%** | **Food & Beverage—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Performance Food Group, Inc. 144A <br>6.125%, 9/15/32<sup>(1)</sup> <br>| 500 | &nbsp;&nbsp; 507 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Food & Beverage—continued** | **Food & Beverage—continued** |  |
| Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 3/1/33<sup>(1)</sup> <br>| $550 | &nbsp;&nbsp; $550 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.250%, 10/15/34<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 266 |
|  |  | &nbsp;&nbsp; 1323 |
| **Healthcare-Products—0.1%** | **Healthcare-Products—0.1%** |  |
| &nbsp;&nbsp;&nbsp; Insulet Corp. 144A <br>6.500%, 4/1/33<sup>(1)</sup> <br>| 305 | &nbsp;&nbsp; 311 |
| **Healthcare-Services—0.8%** | **Healthcare-Services—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Concentra Health Services, Inc. 144A <br>6.875%, 7/15/32<sup>(1)</sup> <br>| 575 | &nbsp;&nbsp; 596 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. 144A <br>6.750%, 7/15/33<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 567 |
| &nbsp;&nbsp;&nbsp; Global Medical Response, Inc. 144A <br>7.375%, 10/1/32<sup>(1)</sup> <br>| 445 | &nbsp;&nbsp; 464 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. 144A <br>6.000%, 11/15/33<sup>(1)</sup> <br>| 680 | &nbsp;&nbsp; 687 |
|  |  | &nbsp;&nbsp; 2314 |
| **Housewares—0.2%** | **Housewares—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Newell Brands, Inc. 144A <br>8.500%, 6/1/28<sup>(1)</sup> <br>| 485 | &nbsp;&nbsp; 507 |
| **Insurance—0.5%** | **Insurance—0.5%** |  |
| Asurion LLC |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 8.000%, 12/31/32<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 282 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 8.375%, 2/1/34<sup>(1)</sup> <br>| 425 | &nbsp;&nbsp; 419 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC 144A <br>7.125%, 6/1/31<sup>(1)</sup> <br>| 815 | &nbsp;&nbsp; 819 |
|  |  | &nbsp;&nbsp; 1520 |
| **Internet—0.5%** | **Internet—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. 144A <br>6.250%, 4/1/33<sup>(1)</sup> <br>| 825 | &nbsp;&nbsp; 804 |
| &nbsp;&nbsp;&nbsp; Snap, Inc. 144A <br>6.875%, 3/1/33<sup>(1)</sup> <br>| 280 | &nbsp;&nbsp; 273 |
| &nbsp;&nbsp;&nbsp; Wayfair LLC 144A <br>6.750%, 11/15/32<sup>(1)</sup> <br>| 280 | &nbsp;&nbsp; 283 |
|  |  | &nbsp;&nbsp; 1360 |
| **Iron & Steel—0.4%** | **Iron & Steel—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc. 144A <br>7.625%, 1/15/34<sup>(1)</sup> <br>| 675 | &nbsp;&nbsp; 682 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co. 144A <br>6.000%, 12/15/35<sup>(1)</sup> <br>| 385 | &nbsp;&nbsp; 385 |
|  |  | &nbsp;&nbsp; 1067 |
| **Leisure Time—0.4%** | **Leisure Time—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Acushnet Co. 144A <br>5.625%, 12/1/33<sup>(1)</sup> <br>| 290 | &nbsp;&nbsp; 291 |
| &nbsp;&nbsp;&nbsp; Carnival Corp. 144A <br>5.750%, 8/1/32<sup>(1)</sup> <br>| 295 | &nbsp;&nbsp; 297 |
| &nbsp;&nbsp;&nbsp; NCL Corp., Ltd. 144A <br>6.750%, 2/1/32<sup>(1)</sup> <br>| 685 | &nbsp;&nbsp; 682 |
|  |  | &nbsp;&nbsp; 1270 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Lodging—0.1%** | **Lodging—0.1%** |  |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC 144A <br>6.625%, 3/15/32<sup>(1)</sup> <br>| $300 | &nbsp;&nbsp; $304 |
| **Media—1.4%** | **Media—1.4%** |  |
| CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 9/1/29<sup>(1)</sup> <br>| 215 | &nbsp;&nbsp; 215 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.375%, 3/1/31<sup>(1)</sup> <br>| 555 | &nbsp;&nbsp; 562 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing LLC 144A <br>8.875%, 2/1/30<sup>(1)</sup> <br>| 585 | &nbsp;&nbsp; 596 |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc. 144A <br>9.625%, 7/15/32<sup>(1)</sup> <br>| 410 | &nbsp;&nbsp; 417 |
| &nbsp;&nbsp;&nbsp; Nexstar Media, Inc. 144A <br>7.250%, 4/15/34<sup>(1)</sup> <br>| 545 | &nbsp;&nbsp; 548 |
| &nbsp;&nbsp;&nbsp; Paramount Global <br>6.875%, 4/30/36<br>| 590 | &nbsp;&nbsp; 549 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC 144A <br>5.875%, 4/15/32<sup>(1)</sup> <br>| 700 | &nbsp;&nbsp; 688 |
| &nbsp;&nbsp;&nbsp; Versant Media Group, Inc. 144A <br>7.250%, 1/30/31<sup>(1)</sup> <br>| 510 | &nbsp;&nbsp; 530 |
|  |  | &nbsp;&nbsp; 4105 |
| **Mining—0.2%** | **Mining—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Arsenal AIC Parent LLC 144A <br>8.000%, 10/1/30<sup>(1)</sup> <br>| 395 | &nbsp;&nbsp; 413 |
| &nbsp;&nbsp;&nbsp; Hudbay Minerals, Inc. 144A <br>6.125%, 4/1/29<sup>(1)</sup> <br>| 215 | &nbsp;&nbsp; 216 |
|  |  | &nbsp;&nbsp; 629 |
| **Miscellaneous Manufacturing—0.2%** | **Miscellaneous Manufacturing—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Axon Enterprise, Inc. 144A <br>6.250%, 3/15/33<sup>(1)</sup> <br>| 535 | &nbsp;&nbsp; 549 |
| **Oil, Gas & Consumable Fuels—1.0%** | **Oil, Gas & Consumable Fuels—1.0%** |  |
| &nbsp;&nbsp;&nbsp; CITGO Petroleum Corp. 144A <br>8.375%, 1/15/29<sup>(1)</sup> <br>| 430 | &nbsp;&nbsp; 443 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp. 144A <br>7.375%, 1/15/31<sup>(1)</sup> <br>| 535 | &nbsp;&nbsp; 551 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. 144A <br>8.750%, 6/15/31<sup>(1)</sup> <br>| 305 | &nbsp;&nbsp; 318 |
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC 144A <br>6.250%, 2/1/33<sup>(1)</sup> <br>| 430 | &nbsp;&nbsp; 440 |
| SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.000%, 8/1/32<sup>(1)</sup> <br>| 290 | &nbsp;&nbsp; 298 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.625%, 4/15/34<sup>(1)</sup> <br>| 280 | &nbsp;&nbsp; 284 |
| &nbsp;&nbsp;&nbsp; Sunoco LP 144A <br>6.250%, 7/1/33<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 562 |
|  |  | &nbsp;&nbsp; 2896 |
| **Pipelines—0.2%** | **Pipelines—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc. 144A <br>7.000%, 1/15/30<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 278 |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC 144A <br>6.750%, 1/15/36<sup>(1)</sup> <br>| 345 | &nbsp;&nbsp; 367 |
|  |  | &nbsp;&nbsp; 645 |
| **Real Estate—0.2%** | **Real Estate—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC 144A <br>7.000%, 4/15/30<sup>(1)</sup> <br>| 535 | &nbsp;&nbsp; 535 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Retail—0.6%** | **Retail—0.6%** |  |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts, Inc. 144A <br>7.375%, 8/1/33<sup>(1)</sup> <br>| $555 | &nbsp;&nbsp; $572 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works, Inc. <br>6.875%, 11/1/35<br>| 280 | &nbsp;&nbsp; 276 |
| &nbsp;&nbsp;&nbsp; New Red Finance, Inc. 144A <br>6.125%, 6/15/29<sup>(1)</sup> <br>| 555 | &nbsp;&nbsp; 565 |
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co., Inc. 144A <br>8.250%, 2/1/31<sup>(1)</sup> <br>| 380 | &nbsp;&nbsp; 384 |
|  |  | &nbsp;&nbsp; 1797 |
| **Software—0.7%** | **Software—0.7%** |  |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc. 144A <br>6.500%, 3/31/29<sup>(1)</sup> <br>| 550 | &nbsp;&nbsp; 536 |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc. 144A <br>9.000%, 2/1/31<sup>(1)</sup> <br>| 270 | &nbsp;&nbsp; 268 |
| &nbsp;&nbsp;&nbsp; OAK-Eagle Acquireco, Inc. 144A <br>8.750%, 7/1/34<sup>(1)</sup> <br>| 665 | &nbsp;&nbsp; 692 |
| &nbsp;&nbsp;&nbsp; UKG, Inc. 144A <br>6.875%, 2/1/31<sup>(1)</sup> <br>| 425 | &nbsp;&nbsp; 414 |
|  |  | &nbsp;&nbsp; 1910 |
| **Telecommunications—1.2%** | **Telecommunications—1.2%** |  |
| &nbsp;&nbsp;&nbsp; APLD ComputeCo 2 LLC 144A <br>6.750%, 3/15/31<sup>(1)</sup> <br>| 430 | &nbsp;&nbsp; 426 |
| &nbsp;&nbsp;&nbsp; Cipher Compute LLC 144A <br>7.125%, 11/15/30<sup>(1)</sup> <br>| 570 | &nbsp;&nbsp; 591 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc. 144A <br>8.500%, 1/15/36<sup>(1)</sup> <br>| 670 | &nbsp;&nbsp; 717 |
| &nbsp;&nbsp;&nbsp; Meridian Arc Holdco LLC 144A <br>6.250%, 4/30/31<sup>(1)</sup> <br>| 415 | &nbsp;&nbsp; 415 |
| &nbsp;&nbsp;&nbsp; Vmed O2 UK Financing I plc 144A <br>7.750%, 4/15/32<sup>(1)</sup> <br>| 695 | &nbsp;&nbsp; 676 |
| &nbsp;&nbsp;&nbsp; WULF Compute LLC 144A <br>7.750%, 10/15/30<sup>(1)</sup> <br>| 520 | &nbsp;&nbsp; 546 |
|  |  | &nbsp;&nbsp; 3371 |
| **Transportation—0.7%** | **Transportation—0.7%** |  |
| &nbsp;&nbsp;&nbsp; FTAI Aviation Investors LLC 144A <br>7.875%, 12/1/30<sup>(1)</sup> <br>| 795 | &nbsp;&nbsp; 835 |
| &nbsp;&nbsp;&nbsp; Stonepeak Nile Parent LLC 144A <br>7.250%, 3/15/32<sup>(1)</sup> <br>| 395 | &nbsp;&nbsp; 413 |
| &nbsp;&nbsp;&nbsp; XPO, Inc. 144A <br>7.125%, 6/1/31<sup>(1)</sup> <br>| 695 | &nbsp;&nbsp; 719 |
|  |  | &nbsp;&nbsp; 1967 |
| **Total Corporate Bonds and Notes** <br>**(Identified Cost $50,396)** | **Total Corporate Bonds and Notes** <br>**(Identified Cost $50,396)** | &nbsp;&nbsp; **50566** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **Convertible Preferred Stocks—11.1%** | **Convertible Preferred Stocks—11.1%** | **Convertible Preferred Stocks—11.1%** |
| **Aerospace & Defense—2.5%** | **Aerospace & Defense—2.5%** |  |
| Boeing Co. (The), 6.000% | 78440 | &nbsp;&nbsp; 5663 |
| VSE Corp., 5.750% | 30280 | &nbsp;&nbsp; 1400 |
|  |  | &nbsp;&nbsp; 7063 |
| **Banks—2.2%** | **Banks—2.2%** |  |
| Wells Fargo & Co. Series L, 7.500% | 5355 | &nbsp;&nbsp; 6377 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Chemicals—0.8%** | **Chemicals—0.8%** |  |
| Albemarle Corp., 7.250% | 28205 | &nbsp;&nbsp; $2198 |
| **Electric Utilities—2.2%** | **Electric Utilities—2.2%** |  |
| NextEra Energy, Inc., 7.299% | 19540 | &nbsp;&nbsp; 1154 |
| PG&E Corp. Series A, 6.000% | 70120 | &nbsp;&nbsp; 2949 |
| Southern Co. (The) Series A, 7.125% | 44410 | &nbsp;&nbsp; 2311 |
|  |  | &nbsp;&nbsp; 6414 |
| **Healthcare Providers & Services—0.9%** | **Healthcare Providers & Services—0.9%** |  |
| BrightSpring Health Services, Inc., 6.750% | 15540 | &nbsp;&nbsp; 2456 |
| **Semiconductors & Semiconductor Equipment—1.1%** | **Semiconductors & Semiconductor Equipment—1.1%** |  |
| Microchip Technology, Inc., 7.500% | 40275 | &nbsp;&nbsp; 3169 |
| **Software—1.0%** | **Software—1.0%** |  |
| Oracle Corp. Series D, 6.500% | 61645 | &nbsp;&nbsp; 3000 |
| **Trading Companies & Distributors—0.4%** | **Trading Companies & Distributors—0.4%** |  |
| QXO, Inc., 5.500% | 17840 | &nbsp;&nbsp; 1009 |
| **Total Convertible Preferred Stocks** <br>**(Identified Cost $28,847)** | **Total Convertible Preferred Stocks** <br>**(Identified Cost $28,847)** | &nbsp;&nbsp; **31686** |
| **Preferred Stock—0.0%** | **Preferred Stock—0.0%** | **Preferred Stock—0.0%** |
| **Entertainment—0.0%** | **Entertainment—0.0%** |  |
| LiveStyle, Inc. Series B<sup>(3)(4)(5)</sup> <br>| 630 | &nbsp;&nbsp; — |
| **Total Preferred Stock** <br>**(Identified Cost $62)** | **Total Preferred Stock** <br>**(Identified Cost $62)** | &nbsp;&nbsp; **—** |
| **Common Stocks—29.0%** | **Common Stocks—29.0%** | **Common Stocks—29.0%** |
| **Aerospace & Defense—0.3%** | **Aerospace & Defense—0.3%** |  |
| L3Harris Technologies, Inc. | 1275 | &nbsp;&nbsp; 409 |
| RTX Corp.<sup>(6)</sup> <br>| 2595 | &nbsp;&nbsp; 457 |
|  |  | &nbsp;&nbsp; 866 |
| **Air Freight & Logistics—0.3%** | **Air Freight & Logistics—0.3%** |  |
| C.H. Robinson Worldwide, Inc. | 4080 | &nbsp;&nbsp; 742 |
| **Automobiles—0.4%** | **Automobiles—0.4%** |  |
| Tesla, Inc.<sup>(4)(6)</sup> <br>| 3315 | &nbsp;&nbsp; 1265 |
| **Banks—1.5%** | **Banks—1.5%** |  |
| CCF Holdings LLC<sup>(3)(4)</sup> <br>| 1026972 | &nbsp;&nbsp; 51 |
| CCF Holdings LLC Class M<sup>(3)(4)</sup> <br>| 219990 | &nbsp;&nbsp; 11 |
| Citigroup, Inc. | 8095 | &nbsp;&nbsp; 1036 |
| JPMorgan Chase & Co. | 4400 | &nbsp;&nbsp; 1378 |
| PNC Financial Services Group, Inc. (The) | 3540 | &nbsp;&nbsp; 790 |
| Wells Fargo & Co. | 12100 | &nbsp;&nbsp; 995 |
|  |  | &nbsp;&nbsp; 4261 |
| **Beverages—0.4%** | **Beverages—0.4%** |  |
| Coca-Cola Co. (The) | 15625 | &nbsp;&nbsp; 1231 |
| **Biotechnology—0.3%** | **Biotechnology—0.3%** |  |
| Gilead Sciences, Inc. | 5585 | &nbsp;&nbsp; 731 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Broadline Retail—1.5%** | **Broadline Retail—1.5%** |  |
| Amazon.com, Inc.<sup>(4)</sup> <br>| 16605 | &nbsp;&nbsp; $4401 |
| **Capital Markets—0.8%** | **Capital Markets—0.8%** |  |
| Charles Schwab Corp. (The) | 6090 | &nbsp;&nbsp; 558 |
| Intercontinental Exchange, Inc. | 3665 | &nbsp;&nbsp; 580 |
| Moody's Corp. | 1340 | &nbsp;&nbsp; 619 |
| Morgan Stanley | 3465 | &nbsp;&nbsp; 660 |
|  |  | &nbsp;&nbsp; 2417 |
| **Chemicals—0.2%** | **Chemicals—0.2%** |  |
| Dow, Inc. | 6100 | &nbsp;&nbsp; 247 |
| Linde plc | 880 | &nbsp;&nbsp; 441 |
|  |  | &nbsp;&nbsp; 688 |
| **Commercial Services & Supplies—0.3%** | **Commercial Services & Supplies—0.3%** |  |
| Waste Management, Inc.<sup>(6)</sup> <br>| 3205 | &nbsp;&nbsp; 745 |
| **Communications Equipment—0.4%** | **Communications Equipment—0.4%** |  |
| Arista Networks, Inc.<sup>(4)</sup> <br>| 2595 | &nbsp;&nbsp; 448 |
| Motorola Solutions, Inc. | 1380 | &nbsp;&nbsp; 606 |
|  |  | &nbsp;&nbsp; 1054 |
| **Consumer Staples Distribution & Retail—0.9%** | **Consumer Staples Distribution & Retail—0.9%** |  |
| Costco Wholesale Corp. | 1260 | &nbsp;&nbsp; 1278 |
| Walmart, Inc. | 10420 | &nbsp;&nbsp; 1375 |
|  |  | &nbsp;&nbsp; 2653 |
| **Electrical Equipment—0.5%** | **Electrical Equipment—0.5%** |  |
| GE Vernova, Inc. | 800 | &nbsp;&nbsp; 866 |
| Rockwell Automation, Inc. | 1550 | &nbsp;&nbsp; 634 |
|  |  | &nbsp;&nbsp; 1500 |
| **Electronic Equipment, Instruments & Components—0.4%** | **Electronic Equipment, Instruments & Components—0.4%** |  |
| Amphenol Corp. Class A | 3150 | &nbsp;&nbsp; 464 |
| Coherent Corp.<sup>(4)</sup> <br>| 1980 | &nbsp;&nbsp; 633 |
|  |  | &nbsp;&nbsp; 1097 |
| **Entertainment—0.3%** | **Entertainment—0.3%** |  |
| LiveStyle, Inc. <sup>(3)(4)(5)</sup> <br>| 13574 | &nbsp;&nbsp; — |
| Netflix, Inc.<sup>(4)</sup> <br>| 4130 | &nbsp;&nbsp; 386 |
| Take-Two Interactive Software, Inc.<sup>(4)</sup> <br>| 1768 | &nbsp;&nbsp; 378 |
|  |  | &nbsp;&nbsp; 764 |
| **Financial Services—0.8%** | **Financial Services—0.8%** |  |
| Berkshire Hathaway, Inc. Class B<sup>(4)</sup> <br>| 1745 | &nbsp;&nbsp; 827 |
| Mastercard, Inc. Class A | 2850 | &nbsp;&nbsp; 1433 |
|  |  | &nbsp;&nbsp; 2260 |
| **Ground Transportation—0.2%** | **Ground Transportation—0.2%** |  |
| Old Dominion Freight Line, Inc. | 2315 | &nbsp;&nbsp; 492 |
| **Health Care REITs—0.3%** | **Health Care REITs—0.3%** |  |
| Ventas, Inc. | 8030 | &nbsp;&nbsp; 705 |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Healthcare Equipment & Supplies—0.1%** | **Healthcare Equipment & Supplies—0.1%** |  |
| Insulet Corp.<sup>(4)</sup> <br>| 1105 | &nbsp;&nbsp; $190 |
| **Healthcare Providers & Services—0.7%** | **Healthcare Providers & Services—0.7%** |  |
| Cardinal Health, Inc. | 3250 | &nbsp;&nbsp; 627 |
| UnitedHealth Group, Inc. | 3695 | &nbsp;&nbsp; 1369 |
|  |  | &nbsp;&nbsp; 1996 |
| **Hotels, Restaurants & Leisure—0.2%** | **Hotels, Restaurants & Leisure—0.2%** |  |
| Carnival Corp.<sup>(6)</sup> <br>| 24035 | &nbsp;&nbsp; 637 |
| **Industrial Conglomerates—0.1%** | **Industrial Conglomerates—0.1%** |  |
| General Electric Co. | 1265 | &nbsp;&nbsp; 367 |
| **Insurance—0.2%** | **Insurance—0.2%** |  |
| Chubb Ltd. | 1675 | &nbsp;&nbsp; 548 |
| **Interactive Media & Services—3.0%** | **Interactive Media & Services—3.0%** |  |
| Alphabet, Inc. Class A | 16852 | &nbsp;&nbsp; 6485 |
| Alphabet, Inc. Class C | 1475 | &nbsp;&nbsp; 563 |
| Meta Platforms, Inc. Class A | 2694 | &nbsp;&nbsp; 1648 |
|  |  | &nbsp;&nbsp; 8696 |
| **IT Services—0.1%** | **IT Services—0.1%** |  |
| International Business Machines Corp. | 1105 | &nbsp;&nbsp; 255 |
| **Machinery—1.4%** | **Machinery—1.4%** |  |
| Caterpillar, Inc. | 2410 | &nbsp;&nbsp; 2145 |
| Cummins, Inc. | 1370 | &nbsp;&nbsp; 920 |
| Parker-Hannifin Corp. | 970 | &nbsp;&nbsp; 882 |
|  |  | &nbsp;&nbsp; 3947 |
| **Oil, Gas & Consumable Fuels—1.0%** | **Oil, Gas & Consumable Fuels—1.0%** |  |
| Devon Energy Corp. | 19485 | &nbsp;&nbsp; 1001 |
| Exxon Mobil Corp. | 7350 | &nbsp;&nbsp; 1134 |
| Valero Energy Corp. | 2455 | &nbsp;&nbsp; 620 |
|  |  | &nbsp;&nbsp; 2755 |
| **Pharmaceuticals—1.1%** | **Pharmaceuticals—1.1%** |  |
| Eli Lilly & Co. | 500 | &nbsp;&nbsp; 467 |
| Johnson & Johnson | 8165 | &nbsp;&nbsp; 1877 |
| Merck & Co., Inc. | 8095 | &nbsp;&nbsp; 884 |
|  |  | &nbsp;&nbsp; 3228 |
| **Semiconductors & Semiconductor Equipment—5.4%** | **Semiconductors & Semiconductor Equipment—5.4%** |  |
| Advanced Micro Devices, Inc.<sup>(4)</sup> <br>| 2390 | &nbsp;&nbsp; 847 |
| Analog Devices, Inc. | 3085 | &nbsp;&nbsp; 1241 |
| Applied Materials, Inc. | 3675 | &nbsp;&nbsp; 1450 |
| Broadcom, Inc.<sup>(6)</sup> <br>| 7725 | &nbsp;&nbsp; 3225 |
| Micron Technology, Inc. | 2500 | &nbsp;&nbsp; 1293 |
| NVIDIA Corp.<sup>(6)</sup> <br>| 37383 | &nbsp;&nbsp; 7460 |
|  |  | &nbsp;&nbsp; 15516 |
| **Software—1.9%** | **Software—1.9%** |  |
| Cadence Design Systems, Inc.<sup>(4)</sup> <br>| 1355 | &nbsp;&nbsp; 446 |
| Intuit, Inc. | 635 | &nbsp;&nbsp; 247 |
| Microsoft Corp. | 9264 | &nbsp;&nbsp; 3778 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Software—continued** | **Software—continued** |  |
| Oracle Corp. | 3220 | &nbsp;&nbsp; $520 |
| Palantir Technologies, Inc. Class A<sup>(4)</sup> <br>| 3365 | &nbsp;&nbsp; 468 |
|  |  | &nbsp;&nbsp; 5459 |
| **Specialized REITs—0.3%** | **Specialized REITs—0.3%** |  |
| Equinix, Inc. | 845 | &nbsp;&nbsp; 915 |
| **Specialty Retail—0.7%** | **Specialty Retail—0.7%** |  |
| Home Depot, Inc. (The) | 1690 | &nbsp;&nbsp; 556 |
| Ross Stores, Inc. | 6125 | &nbsp;&nbsp; 1395 |
|  |  | &nbsp;&nbsp; 1951 |
| **Technology Hardware, Storage & Peripherals—2.8%** | **Technology Hardware, Storage & Peripherals—2.8%** |  |
| Apple, Inc. | 21785 | &nbsp;&nbsp; 5911 |
| Sandisk Corp.<sup>(4)</sup> <br>| 610 | &nbsp;&nbsp; 669 |
| Western Digital Corp. | 3375 | &nbsp;&nbsp; 1467 |
|  |  | &nbsp;&nbsp; 8047 |
| **Textiles, Apparel & Luxury Goods—0.2%** | **Textiles, Apparel & Luxury Goods—0.2%** |  |
| Ralph Lauren Corp. Class A | 1830 | &nbsp;&nbsp; 656 |
| **Total Common Stocks** <br>**(Identified Cost $72,397)** | **Total Common Stocks** <br>**(Identified Cost $72,397)** | &nbsp;&nbsp; **83035** |
| **Warrant—0.0%** | **Warrant—0.0%** | **Warrant—0.0%** |
| **Banks—0.0%** | **Banks—0.0%** |  |
| CCF Holdings LLC, 3/25/27<sup>(3)(4)</sup> <br>| 363920 | &nbsp;&nbsp; — |
| **Total Warrant** <br>**(Identified Cost $—)** | **Total Warrant** <br>**(Identified Cost $—)** | &nbsp;&nbsp; **—** |
| **Total Long-Term Investments—129.5%** <br>**(Identified Cost $322,200)** | **Total Long-Term Investments—129.5%** <br>**(Identified Cost $322,200)** | &nbsp;&nbsp; **370135** |
| **Short-Term Investment—5.0%** | **Short-Term Investment—5.0%** | **Short-Term Investment—5.0%** |
| **Money Market Mutual Fund—5.0%** | **Money Market Mutual Fund—5.0%** | **Money Market Mutual Fund—5.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity FedFund - Institutional Shares <br> (seven-day effective yield 3.543%)<sup>(7)</sup> <br>| 14210961 | &nbsp;&nbsp; 14211 |
| **Total Short-Term Investment** <br>**(Identified Cost $14,211)** | **Total Short-Term Investment** <br>**(Identified Cost $14,211)** | &nbsp;&nbsp; **14211** |
| **TOTAL INVESTMENTS, BEFORE WRITTEN OPTIONS**—**134.5%** <br>**(Identified Cost $336,411)** | **TOTAL INVESTMENTS, BEFORE WRITTEN OPTIONS**—**134.5%** <br>**(Identified Cost $336,411)** | &nbsp;&nbsp; **384346** |

---

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

---

| | |
|:---|:---|
| **Written Options—(0.0)%** | **Written Options—(0.0)%** |
| (See open written options schedule) |  |
| **Total Written Options** <br>**(Premiums Received $33)** | &nbsp;&nbsp; **(37)**<br>|
| **TOTAL INVESTMENTS, NET OF WRITTEN OPTIONS—134.5%** <br>**(Identified Cost $336,378)** | &nbsp;&nbsp; **$384309** |
| Other assets and liabilities, net—(34.5)% | &nbsp;&nbsp; (98575)<br>|
| **NET ASSETS—100.0%** | &nbsp;&nbsp; **$285734** |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

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

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| LLC | Limited Liability Company |
| LP | Limited Partnership |
| OP | Operating Partnership |
| plc | Public Limited Company |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| Security exempt from registration under Rule 144A of the Securities Act of 1933. <br> These securities may be resold in transactions exempt from registration, normally <br> to qualified institutional buyers. At April 30, 2026, these securities amounted to a <br> value of $153,213 or 53.6% of net assets.<br>|
| <sup>(2)</sup> <br>| Issued with a zero coupon. Income is recognized through the accretion of <br> discount.<br>|
| <sup>(3)</sup> <br>| The value of this security was determined using significant unobservable inputs <br> and is reported as a Level 3 security in the Fair Value Hierarchy table located after <br> the Schedule of Investments.<br>|
| <sup>(4)</sup> <br>| Non-income producing. |
| <sup>(5)</sup> <br>| Security is restricted from resale. |
| <sup>(6)</sup> <br>| All or a portion of the security is segregated as collateral for written options. The <br> value of securities segregated as collateral is $7,014.<br>|
| <sup>(7)</sup> <br>| Shares of this fund are publicly offered, and its prospectus and annual report are <br> publicly available.<br>|

---

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

---

| | |
|:---|:---|
| **Country Weightings**<sup>†</sup>  | **Country Weightings**<sup>†</sup>  |
| United States | 94<br> %<br>|
| Bermuda | 2 |
| Cayman Islands | 1 |
| Canada | 1 |
| Netherlands | 1 |
| Marshall Islands | 1 |
| Total | 100<br> %<br>|
| <sup>†</sup> % of total investments, net of written options, as of April 30, 2026. | <sup>†</sup> % of total investments, net of written options, as of April 30, 2026. |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open written options contracts as of April 30, 2026 were as follows:** | **Open written options contracts as of April 30, 2026 were as follows:** | **Open written options contracts as of April 30, 2026 were as follows:** | **Open written options contracts as of April 30, 2026 were as follows:** | **Open written options contracts as of April 30, 2026 were as follows:** | **Open written options contracts as of April 30, 2026 were as follows:** |
| **Description of Options** | &nbsp;&nbsp;&nbsp; **Number** <br> **of** <br>**Contracts**<br>| &nbsp;&nbsp; **Contract** <br>**Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Strike** <br>**Price**<sup>(1)</sup> <br>| &nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Value** |
| **Call Options**<sup>(2)</sup> |  |  |  |  |  |
| Amazon.com, Inc. | (83) | &nbsp;&nbsp;&nbsp;&nbsp; $(2573)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $310.00 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; $(10) <br>|
| Broadcom, Inc. | (39) | &nbsp;&nbsp;&nbsp;&nbsp; (1950)<br>| &nbsp;&nbsp;&nbsp;&nbsp;500.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| Carnival Corp. | (120) | &nbsp;&nbsp;&nbsp;&nbsp; (396)<br>| &nbsp;&nbsp;&nbsp;&nbsp;33.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| CH Robinson Worldwide, Inc. | (10) | &nbsp;&nbsp;&nbsp;&nbsp; (210)<br>| &nbsp;&nbsp;&nbsp;&nbsp;210.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (— ) <sup>(3)</sup><br>|
| Merck & Co., Inc. | (40) | &nbsp;&nbsp;&nbsp;&nbsp; (500)<br>| &nbsp;&nbsp;&nbsp;&nbsp;125.00 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; (2) <br>|
| Meta Platforms, Inc. | (13) | &nbsp;&nbsp;&nbsp;&nbsp; (936)<br>| &nbsp;&nbsp;&nbsp;&nbsp;720.00 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; (6) <br>|
| Microsoft Corp. | (46) | &nbsp;&nbsp;&nbsp;&nbsp; (2208)<br>| &nbsp;&nbsp;&nbsp;&nbsp;480.00 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; (8) <br>|
| NVIDIA Corp. | (190) | &nbsp;&nbsp;&nbsp;&nbsp; (4465)<br>| &nbsp;&nbsp;&nbsp;&nbsp;235.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (5) <br>|
| RTX Corp. | (21) | &nbsp;&nbsp;&nbsp;&nbsp; (441)<br>| &nbsp;&nbsp;&nbsp;&nbsp;210.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (— ) <sup>(3)</sup><br>|
| Tesla, Inc. | (14) | &nbsp;&nbsp;&nbsp;&nbsp; (679)<br>| &nbsp;&nbsp;&nbsp;&nbsp;485.00 | &nbsp;&nbsp;&nbsp;&nbsp; 05/15/26 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| Waste Management, Inc. | (16) | &nbsp;&nbsp;&nbsp;&nbsp; (400)<br>| &nbsp;&nbsp;&nbsp;&nbsp;250.00 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; (3) <br>|
| **Total Written Options** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(37)<br>|

---

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

---

| |
|:---|
| **Footnote Legend:** |
| <sup>(1)</sup> Strike price not reported in thousands. |
| <sup>(2)</sup> Exchange-traded options. |
| <sup>(3)</sup> Amount is less than $500 (not in thousands). |

---

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

The following table summarizes the value of the Fund's investments as of April 30, 2026, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total <br>Value at <br>April 30, 2026<br>| Level 1 <br>Quoted Prices<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>| Level 3 <br>Significant <br>Unobservable <br>Inputs<br>|
| Assets: |  |  |  |  |
| Debt Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Convertible Bonds and Notes | &nbsp;&nbsp;&nbsp; $204848 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $204848 | &nbsp;&nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; Corporate Bonds and Notes | &nbsp;&nbsp;&nbsp; 50566 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 50566 | &nbsp;&nbsp;&nbsp; — |
| Equity Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp; 31686 | &nbsp;&nbsp;&nbsp; 31686 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Preferred Stock | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp;&nbsp; 83035 | &nbsp;&nbsp;&nbsp; 82973 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 62 <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Warrant | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| Money Market Mutual Fund | &nbsp;&nbsp;&nbsp; 14211 | &nbsp;&nbsp;&nbsp; 14211 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Total Assets | &nbsp;&nbsp;&nbsp; 384346 | &nbsp;&nbsp;&nbsp; 128870 | &nbsp;&nbsp;&nbsp; 255414 | &nbsp;&nbsp;&nbsp; 62 |
| Liabilities: |  |  |  |  |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Written Options | &nbsp;&nbsp;&nbsp; (37)<br>| &nbsp;&nbsp;&nbsp; (37)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Total Liabilities | &nbsp;&nbsp;&nbsp; (37)<br>| &nbsp;&nbsp;&nbsp; (37)<br>| &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Total Investments, Net of Written Options | &nbsp;&nbsp;&nbsp; $384309 | &nbsp;&nbsp;&nbsp; $128833 | &nbsp;&nbsp;&nbsp; $255414 | &nbsp;&nbsp;&nbsp; $62 |

---

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

<sup>(1)</sup> Includes internally fair valued securities currently priced at zero ($0).

There were no transfers into or out of Level 3 related to securities held at April 30, 2026.

Some of the Fund's investments that were categorized as Level 3 may have been valued utilizing third party pricing information without adjustment. If applicable, such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of Level 3 investments.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the roll-forward of Level 3 securities and assumptions are not shown for the period ended April 30, 2026.

See Notes to Schedule of Investments

------

**VIRTUS Diversified Income & Convertible Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts and equity-linked instruments, do not require material subjectivity as pricing inputs are observed from actively quoted markets and are categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

*For additional information about significant accounting policies, refer to the Fund's most recent semi or annual report.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Diversified Income & Convertible Fund

- **b. Investment Company Act file number:** 811-23039

- **c. CIK number of Registrant:** 0001636289

- **d. LEI of Registrant:** 5493008LTG04SBNLT367

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

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

  - **City:** GREENFIELD

  - **State:** MA

  - **Foreign country:** US

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

  - **Telephone number:** 866-270-7788

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

- **a. Name of Series:** Virtus Diversified Income & Convertible Fund

- **c. LEI of Series:** 5493008LTG04SBNLT367

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

- **a. Date of fiscal year-end:** 2027-01-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $394031179.48

**Total Liabilities:** $108287824.84

**Net Assets:** $285743354.64

**Cash Not Reported:** $8205942.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -216.58000000 | **5-Year:** -4208.76000000 | **10-Year:** -311.62000000 | **30-Year:** -6100.78000000

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

- **3-Month:** -18.85000000 | **1-Year:** -112.95000000 | **5-Year:** -26427.13000000 | **10-Year:** -21492.22000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.50%                | -4.96%               | 13.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2235302.46              | $-1024694.95                               |
| Month 2  | $1401315.18              | $-14559251.14                              |
| Month 3  | $7297537.55              | $26803216.15                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE OPTIONS CLEARING CORPORATION                         | AVGO A 2026-05-15 CALL 500                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -39 | NC      | $-1365.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | MRK A 2026-06-18 CALL 125                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -40 | NC      | $-2400.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTSPRING HEALTH SERVICES INC                         | BTSG 6.75 02/01/27                                                                                                                      | CUSIP: 10950A205<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16950 | PA      | $2678778.00   | 0.94%             | 2027-02-01      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| CIPHER COMPUTE LLC                                       | CIFR 7.125 11/15/30 144A                                                                                                                | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $590810.23    | 0.21%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY COMPANY                                  | CRGY 2.75 03/15/31                                                                                                                      | CUSIP: 44952JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1852305.00   | 0.65%             | 2031-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY INC                                   | BERKSHIRE HATHAWAY INC CL B NEW                                                                                                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1745 | NS      | $826432.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP             | CHTR 6.375 09/01/29 144A                                                                                                                | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $215374.11    | 0.08%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                                    | MICRON TECHNOLOGY INC COM                                                                                                               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      2500 | NS      | $1292900.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| GARRETT MOTION HOLDINGS INC                              | GTX 7.75 05/31/32 144A                                                                                                                  | CUSIP: 366504AA6<br>LEI: 5493001N1N6Z0SR83G07 | Long             | DBT              | CORP              | US        |    385000 | PA      | $401964.64    | 0.14%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                  | NXST 7.25 04/15/34 144A                                                                                                                 | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |    545000 | PA      | $548480.39    | 0.19%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CENTRUS ENERGY CORP                                      | LEU 0 08/15/32                                                                                                                          | CUSIP: 15643UAF1<br>LEI: 549300G6VDK9G8276661 | Long             | DBT              | CORP              | US        |    790000 | PA      | $941087.50    | 0.33%             | 2032-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LIONS GATE TELEVISION INC                                | LGF 6 04/15/30 144a                                                                                                                     | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $255150.00    | 0.09%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | CCL A 2026-05-15 CALL 33                                                                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |      -120 | NC      | $-600.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BLOCK INC                                                | XYZ 0.25 11/01/27                                                                                                                       | CUSIP: 852234AK9<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   2760000 | PA      | $2591640.00   | 0.91%             | 2027-11-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                            | AMPHENOL CORP CL A                                                                                                                      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      3150 | NS      | $463900.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                                     | WDC 3 11/15/28                                                                                                                          | CUSIP: 958102AT2<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $13215570.00  | 4.62%             | 2028-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                          | PFSI 6.875 02/15/33 144A                                                                                                                | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    280000 | PA      | $275339.01    | 0.10%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                            | TDG 6.125 07/31/34 144A                                                                                                                 | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    565000 | PA      | $565621.45    | 0.20%             | 2034-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                               | DVA 6.75 07/15/33 144A                                                                                                                  | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    550000 | PA      | $567088.50    | 0.20%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                      | AXON 6.25 03/15/33 144A                                                                                                                 | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    535000 | PA      | $548996.14    | 0.19%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WISDOMTREE INC                                           | WT 4.625 08/15/30                                                                                                                       | CUSIP: 97717PAJ3<br>LEI: 549300WIU8IS7UFO7871 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1312640.00   | 0.46%             | 2030-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LUMENTUM HOLDINGS INC                                    | LITE 0.375 03/15/32                                                                                                                     | CUSIP: 55024UAJ8<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $9547005.00   | 3.34%             | 2032-03-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                       | LNW 6.25 10/01/33 144A                                                                                                                  | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    415000 | PA      | $411560.69    | 0.14%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| 1011778 B.C. ULC / NEW RED FINANCE INC                   | BCULC 6.125 06/15/29 144A                                                                                                               | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    555000 | PA      | $564789.77    | 0.20%             | 2029-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                | PG&E CORP 6% SER A MAND CONV PFD STK                                                                                                    | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |     70120 | NS      | $2949247.20   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | OMF 6.75 09/15/33                                                                                                                       | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    285000 | PA      | $280325.46    | 0.10%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                   | WCC 5.5 04/15/34 144A                                                                                                                   | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    410000 | PA      | $408945.48    | 0.14%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GILEAD SCIENCES INC                                      | GILEAD SCIENCES INC COM                                                                                                                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      5585 | NS      | $730741.40    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD DOMINION FREIGHT LINE INC                            | OLD DOMINION FREIGHT LINE INC COM                                                                                                       | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      2315 | NS      | $491775.45    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ INVESTMENTS I LTD                                   | JAZZ 3.125 09/15/30                                                                                                                     | CUSIP: 472145AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   2265000 | PA      | $3383910.00   | 1.18%             | 2030-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| LiveStyle Inc. Series B Preferred                        | LiveStyle Inc. Series B Preferred                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       630 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| COSTCO WHOLESALE CORP                                    | COSTCO WHOLESALE CORP COM                                                                                                               | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      1260 | NS      | $1278307.80   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| INSULET CORP                                             | PODD 6.5 04/01/33 144A                                                                                                                  | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    305000 | PA      | $311343.39    | 0.11%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                                  | VSNT 7.25 01/30/31 144A                                                                                                                 | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |    510000 | PA      | $529514.89    | 0.19%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CCF HOLDINGS LLC                                         | CCF HOLDINGS LLC COM                                                                                                                    | CUSIP: 12509J208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1026972 | NS      | $51348.60     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| LEVEL 3 FINANCING INC                                    | LVLT 8.5 01/15/36 144A                                                                                                                  | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    670000 | PA      | $717577.37    | 0.25%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                            | LYV 2.875 10/15/31                                                                                                                      | CUSIP: 538034BD0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    770000 | PA      | $798003.80    | 0.28%             | 2031-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                                  | AKAM 0.375 09/01/27                                                                                                                     | CUSIP: 00971TAL5<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |   3755000 | PA      | $4158662.50   | 1.46%             | 2027-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                               | ADNT 7.5 02/15/33 144A                                                                                                                  | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    565000 | PA      | $577963.36    | 0.20%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                 | BLDR 6.375 06/15/32 144A                                                                                                                | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    470000 | PA      | $473275.43    | 0.17%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                              | DLX 8 06/01/29 144A                                                                                                                     | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    270000 | PA      | $273089.61    | 0.10%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                  | STX 8.5 07/15/31 144a                                                                                                                   | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    550000 | PA      | $576112.90    | 0.20%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR INC                                          | CATERPILLAR INC COM                                                                                                                     | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2410 | NS      | $2145165.10   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ANALOG DEVICES INC                                       | ANALOG DEVICES INC COM                                                                                                                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      3085 | NS      | $1240972.10   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| IONIS PHARMACEUTICALS INC                                | IONS 0 12/01/30                                                                                                                         | CUSIP: 462222AG5<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1254618.75   | 0.44%             | 2030-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS COMPANY                                | CMC 6 12/15/35 144A                                                                                                                     | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    385000 | PA      | $384619.16    | 0.13%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ZSCALER INC                                              | ZS 0 07/15/28                                                                                                                           | CUSIP: 98980GAC6<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1074795.00   | 0.38%             | 2028-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARISTA NETWORKS INC                                      | ARISTA NETWORKS INC COM SHS                                                                                                             | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      2595 | NS      | $448182.45    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BURLINGTON STORES INC                                    | BURL 1.25 12/15/27                                                                                                                      | CUSIP: 122017AD8<br>LEI: 5299003Z37DVGKKC1W09 | Long             | DBT              | CORP              | US        |    980000 | PA      | $1593970.00   | 0.56%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                                       | NEE 7.299 06/01/27                                                                                                                      | CUSIP: 65339F663<br>LEI: 254900RHL9MEUS5NKX63 | Long             | DBT              | CORP              | US        |     19540 | PA      | $1153641.60   | 0.40%             | 2027-06-01      | Fixed         | 7.30%                 | No            |                  1 | On Loan: No      |
| AFFIRM HOLDINGS INC                                      | AFRM 0.75 12/15/29                                                                                                                      | CUSIP: 00827BAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2295000 | PA      | $2421225.00   | 0.85%             | 2029-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| COMPASS INC                                              | COMP 0.25 04/15/31                                                                                                                      | CUSIP: 20464UAA8<br>LEI: 254900DMGQSTC3I2IM78 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1119450.00   | 0.39%             | 2031-04-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| DOW INC                                                  | DOW INC COM                                                                                                                             | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |      6100 | NS      | $246989.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MOODY'S CORP                                             | MOODY'S CORP COM                                                                                                                        | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      1340 | NS      | $618879.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                                             | NAVI 7.875 06/15/32                                                                                                                     | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288775.15    | 0.10%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OWENS BROCKWAY GLASS CONTAINER INC                       | OI 7.25 05/15/31 144A                                                                                                                   | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    430000 | PA      | $410936.26    | 0.14%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CARDINAL HEALTH INC                                      | CARDINAL HEALTH INC COM                                                                                                                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      3250 | NS      | $626860.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                    | GFLCN 6.75 01/15/31 144A                                                                                                                | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |    385000 | PA      | $399161.84    | 0.14%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OSI SYSTEMS INC                                          | OSIS 0.5 02/01/31                                                                                                                       | CUSIP: 671044AG0<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | DBT              | CORP              | US        |   2855000 | PA      | $3049711.00   | 1.07%             | 2031-02-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC | DTV 8.875 02/01/30 144a                                                                                                                 | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    585000 | PA      | $595806.12    | 0.21%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ROSS STORES INC                                          | ROSS STORES INC COM                                                                                                                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      6125 | NS      | $1395213.75   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                 | MICROCHIP TECHNOLOGY INC 7.50 % DEP SHS REPSTG 1/20TH PFD CONV SER A                                                                    | CUSIP: 595017302<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EP               | CORP              | US        |     40275 | NS      | $3168434.25   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                                              | NETFLIX INC COM                                                                                                                         | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      4130 | NS      | $386609.30    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESHPET INC                                             | FRPT 3 04/01/28                                                                                                                         | CUSIP: 358039AB1<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $1233939.00   | 0.43%             | 2028-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JBT MAREL CORP                                           | JBTM 0.375 09/15/30                                                                                                                     | CUSIP: 477839AD6<br>LEI: 5493007CT6ATBZ2L6826 | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1903500.00   | 0.67%             | 2030-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                   | CACI 6.375 06/15/33 144A                                                                                                                | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    425000 | PA      | $434797.63    | 0.15%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LIGAND PHARMACEUTICALS INC                               | LGND 0.75 10/01/30                                                                                                                      | CUSIP: 53220KAG3<br>LEI: 5493008K7TB0IKP37H79 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1588848.00   | 0.56%             | 2030-10-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ACUSHNET COMPANY                                         | GOLF 5.625 12/01/33 144A                                                                                                                | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |    290000 | PA      | $291347.34    | 0.10%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                     | WESTERN DIGITAL CORP COM                                                                                                                | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      3375 | NS      | $1466505.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC                                              | CUMMINS INC COM                                                                                                                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1370 | NS      | $919283.70    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY (THE)                                   | SO 7.125 12/15/28 A                                                                                                                     | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     44410 | PA      | $2310652.30   | 0.81%             | 2028-12-15      | Fixed         | 7.12%                 | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP INC (THE)                   | PNC FINANCIAL SERVICES GROUP INC (THE) COM                                                                                              | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      3540 | NS      | $789420.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX RESOURCES CORP                                       | CNX 7.375 01/15/31 144A                                                                                                                 | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    535000 | PA      | $551451.25    | 0.19%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WASTE MANAGEMENT INC                                     | WASTE MANAGEMENT INC COM                                                                                                                | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      3205 | NS      | $745322.75    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY INC                    | WOOF 8.25 02/01/31 144A                                                                                                                 | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |    380000 | PA      | $383752.99    | 0.13%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYSTEMS INC                               | CADENCE DESIGN SYSTEMS INC COM                                                                                                          | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      1355 | NS      | $446594.45    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                     | PFORGE 6.75 03/15/31 144A                                                                                                               | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $425723.76    | 0.15%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IREN LTD                                                 | IREN 0 07/01/31                                                                                                                         | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |   1970000 | PA      | $1704050.00   | 0.60%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC                  | MTSI 0 12/15/29                                                                                                                         | CUSIP: 55405YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1455000 | PA      | $2559345.00   | 0.90%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MERIDIAN ARC HOLDCO LLC                                  | MERIDI 6.25 04/30/31 144A                                                                                                               | CUSIP: 58990CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $414905.54    | 0.15%             | 2031-04-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                     | BWXT 0 11/01/30                                                                                                                         | CUSIP: 05605HAD2<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1871860.00   | 0.66%             | 2030-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                           | AMAZON.COM INC COM                                                                                                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     16605 | NS      | $4401321.30   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SCORPIO TANKERS INC                                      | STNG 1.75 04/15/31                                                                                                                      | CUSIP: 80918TAF6<br>LEI: 549300NVJUH16NXG8K87 | Long             | DBT              | CORP              | MH        |   1745000 | PA      | $1955272.50   | 0.68%             | 2031-04-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                                   | UNITEDHEALTH GROUP INC COM                                                                                                              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      3695 | NS      | $1368923.60   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CITGO PETROLEUM CORP                                     | CITPET 8.375 01/15/29 144A                                                                                                              | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    430000 | PA      | $442499.24    | 0.15%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CHEMOURS COMPANY (THE)                                   | CC 7.875 03/15/34 144A                                                                                                                  | CUSIP: 163851AL2<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    500000 | PA      | $511309.50    | 0.18%             | 2034-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCF HLDGS LLC WT CCF HLDGS LLC WTS C                     | CCF HLDGS LLC WT CCF HLDGS LLC WTS C                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    363920 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING INC                        | AXL 7.75 10/15/33 144A                                                                                                                  | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    535000 | PA      | $522335.29    | 0.18%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP             | CHTR 7.375 03/01/31 144A                                                                                                                | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    555000 | PA      | $561783.21    | 0.20%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                             | ALPHABET INC CAP STK CL A                                                                                                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     16852 | NS      | $6484649.60   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC                                          | GEN 6.25 04/01/33 144A                                                                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    825000 | PA      | $803958.76    | 0.28%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY               | BWY 7.875 04/15/30 144A                                                                                                                 | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    580000 | PA      | $586475.70    | 0.21%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SNOWFLAKE INC                                            | SNOW 0 10/01/29                                                                                                                         | CUSIP: 833445AD1<br>LEI: 254900CJNSY1K7T53Z16 | Long             | DBT              | CORP              | US        |    265000 | PA      | $310527.00    | 0.11%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                 | CE 6.75 04/15/33                                                                                                                        | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    405000 | PA      | $417143.12    | 0.15%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                    | WLSC 6.625 04/15/30 144A                                                                                                                | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    485000 | PA      | $499511.69    | 0.17%             | 2030-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CHUBB LTD (SWITZERLAND)                                  | CHUBB LTD (SWITZERLAND) ORD CHF24.15                                                                                                    | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      1675 | NS      | $547725.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & COMPANY COM                                                                                                               | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     12100 | NS      | $994983.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRION TECHNOLOGIES INC                                  | MIR 0.25 06/01/30                                                                                                                       | CUSIP: 60471AAA9<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1140290.00   | 0.40%             | 2030-06-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CH ROBINSON WORLDWIDE INC                                | CH ROBINSON WORLDWIDE INC COM NEW                                                                                                       | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      4080 | NS      | $741784.80    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MOTOROLA SOLUTIONS INC                                   | MOTOROLA SOLUTIONS INC COM NEW                                                                                                          | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      1380 | NS      | $605861.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & COMPANY                                      | ELI LILLY & COMPANY COM                                                                                                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       500 | NS      | $467300.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                                  | AKAM 0.25 05/15/33                                                                                                                      | CUSIP: 00971TAP6<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |    855000 | PA      | $1122187.50   | 0.39%             | 2033-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                           | GTN 9.625 07/15/32 144A                                                                                                                 | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    410000 | PA      | $416853.15    | 0.15%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP                                     | PARKER-HANNIFIN CORP COM                                                                                                                | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       970 | NS      | $882137.40    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDBAY MINERALS INC                                      | HBMCN 6.125 04/01/29 144A                                                                                                               | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |    215000 | PA      | $215841.08    | 0.08%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                              | NVIDIA CORP COM                                                                                                                         | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     37383 | NS      | $7460525.31   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| COCA-COLA COMPANY (THE)                                  | COCA-COLA COMPANY (THE) COM                                                                                                             | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     15625 | NS      | $1230625.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SPACEMOBILE INC                                      | ASTS 2 01/15/36                                                                                                                         | CUSIP: 00217DAE0<br>LEI: 254900MBSC9P2UCI6623 | Long             | DBT              | CORP              | US        |   1840000 | PA      | $1869440.00   | 0.65%             | 2036-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ALPHATEC HOLDINGS INC                                    | ATEC 0.75 03/15/30                                                                                                                      | CUSIP: 02081GAD4<br>LEI: 549300EZE8CQ8K65FS24 | Long             | DBT              | CORP              | US        |    985000 | PA      | $975544.00    | 0.34%             | 2030-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                                       | META PLATFORMS INC CL A                                                                                                                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2694 | NS      | $1648485.54   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                                | APPLE INC COM                                                                                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     21785 | NS      | $5911359.75   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | TSLA A 2026-05-15 CALL 485                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -14 | NC      | $-574.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| INDIVIOR PHARMACEUTICALS INC                             | INDV 0.625 03/15/31                                                                                                                     | CUSIP: 45579UAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1030000 | PA      | $1170492.00   | 0.41%             | 2031-03-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| GRANITE CONSTRUCTION INC                                 | GVA 3.25 06/15/30                                                                                                                       | CUSIP: 387328AF4<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $2668000.00   | 0.93%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                    | ON 0.5 03/01/29                                                                                                                         | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1552950.00   | 0.54%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                              | MCFE 7.375 02/15/30 144A                                                                                                                | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    420000 | PA      | $340306.85    | 0.12%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| GE AEROSPACE                                             | GE AEROSPACE COM NEW                                                                                                                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1265 | NS      | $366761.45    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES SCHWAB CORP (THE)                                | CHARLES SCHWAB CORP (THE) COM                                                                                                           | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      6090 | NS      | $558087.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NEBIUS GROUP NV                                          | NBIS 1.25 03/15/31                                                                                                                      | CUSIP: 63954QAJ5<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | DBT              | CORP              | NL        |   1960000 | PA      | $2175404.00   | 0.76%             | 2031-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HALOZYME THERAPEUTICS INC                                | HALO 0 02/15/31                                                                                                                         | CUSIP: 40637HAG4<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2258737.50   | 0.79%             | 2031-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AAR CORP                                                 | AIR 6.75 03/15/29 144A                                                                                                                  | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |    535000 | PA      | $551131.86    | 0.19%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                            | CITIGROUP INC COM NEW                                                                                                                   | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      8095 | NS      | $1035998.10   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYFAIR LLC                                              | W 6.75 11/15/32 144A                                                                                                                    | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    280000 | PA      | $283081.96    | 0.10%             | 2032-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORP                     | INTERNATIONAL BUSINESS MACHINES CORP COM                                                                                                | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1105 | NS      | $255232.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                     | CLF 7.625 01/15/34 144A                                                                                                                 | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    675000 | PA      | $681840.45    | 0.24%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC       | CAR 8 02/15/31 144A                                                                                                                     | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $418888.55    | 0.15%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                        | HRI 7.25 06/15/33 144A                                                                                                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    660000 | PA      | $691171.14    | 0.24%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                      | ASUCOR 8.375 02/01/34 144A                                                                                                              | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $419308.36    | 0.15%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                     | RKT 7.125 02/01/32 144A                                                                                                                 | CUSIP: 77311WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $568493.75    | 0.20%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSMEDICS GROUP INC                                    | TMDX 1.5 06/01/28                                                                                                                       | CUSIP: 89377MAB5<br>LEI: 549300060GVOSMWARH50 | Long             | DBT              | CORP              | US        |    930000 | PA      | $1222764.00   | 0.43%             | 2028-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| WALMART INC                                              | WALMART INC COM                                                                                                                         | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     10420 | NS      | $1374710.60   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWELL BRANDS INC                                        | NWL 8.5 06/01/28 144A                                                                                                                   | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    485000 | PA      | $506808.03    | 0.18%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LINDE PLC                                                | LINDE PLC COM EUR0.001                                                                                                                  | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       880 | NS      | $441003.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY COMPANY                                        | SM 6.625 04/15/34 144A                                                                                                                  | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    280000 | PA      | $283871.00    | 0.10%             | 2034-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                                 | RTX CORP COM                                                                                                                            | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      2595 | NS      | $456901.65    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP                                             | SANDISK CORP COM                                                                                                                        | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       610 | NS      | $668871.10    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COREWEAVE INC                                            | CRWV 1.75 12/01/31                                                                                                                      | CUSIP: 21873SAD0<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   3470000 | PA      | $4496079.00   | 1.57%             | 2031-12-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                         | WELL 3.125 07/15/29                                                                                                                     | CUSIP: 95041AAD0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |   3590000 | PA      | $6212495.00   | 2.17%             | 2029-07-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| COHU INC                                                 | COHU 1.5 01/15/31                                                                                                                       | CUSIP: 192576AA4<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $2020784.00   | 0.71%             | 2031-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CCF HOLDINGS LLC CLASS M EQUITY                          | CCF HOLDINGS LLC CLASS M EQUITY                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    219990 | NS      | $10999.50     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                          | PR 6.25 02/01/33 144A                                                                                                                   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    430000 | PA      | $440269.58    | 0.15%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                         | WULF 7.75 10/15/30 144A                                                                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $546517.49    | 0.19%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                  | TIHLLC 7.125 06/01/31 144A                                                                                                              | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    815000 | PA      | $818816.39    | 0.29%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                            | SYNA 0.75 12/01/31                                                                                                                      | CUSIP: 87157DAJ8<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |    850000 | PA      | $1044650.00   | 0.37%             | 2031-12-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                      | ASUCOR 8 12/31/32 144A                                                                                                                  | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $282039.03    | 0.10%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                       | VEGLPL 6.75 01/15/36 144A                                                                                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    345000 | PA      | $366748.80    | 0.13%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                    | BBWI 6.875 11/01/35                                                                                                                     | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    280000 | PA      | $276208.18    | 0.10%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DAVE INC                                                 | DAVE 0 04/01/31                                                                                                                         | CUSIP: 23834JAA0<br>LEI: 25490061SUVXCW51RZ82 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1512800.00   | 0.53%             | 2031-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLOOM ENERGY CORP                                        | BE 0 11/15/30                                                                                                                           | CUSIP: 093712AN7<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |   2720000 | PA      | $4734704.00   | 1.66%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY LP                             | REXR 4.375 03/15/27                                                                                                                     | CUSIP: 76169XAD6<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1738892.50   | 0.61%             | 2027-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                      | COIN 0.5 06/01/26                                                                                                                       | CUSIP: 19260QAB3<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   2180000 | PA      | $2171716.00   | 0.76%             | 2026-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BILL HOLDINGS INC                                        | BILL 0 04/01/30                                                                                                                         | CUSIP: 090043AF7<br>LEI: 549300IBF9VZZIGOZW63 | Long             | DBT              | CORP              | US        |   1705000 | PA      | $1509777.50   | 0.53%             | 2030-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & COMPANY 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L                                       | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      5355 | NS      | $6376787.55   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ARSENAL AIC PARENT LLC                                   | ARNC 8 10/01/30 144A                                                                                                                    | CUSIP: 04288BAB6<br>LEI: 254900G9F9HA5EP57J39 | Long             | DBT              | CORP              | US        |    395000 | PA      | $412949.99    | 0.14%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                         | PARA 6.875 04/30/36                                                                                                                     | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    590000 | PA      | $548848.66    | 0.19%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SM ENERGY COMPANY                                        | SM 7 08/01/32 144A                                                                                                                      | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    290000 | PA      | $297690.51    | 0.10%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| QXO INC                                                  | QXO INC DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 5.50% SERIES B MANDATORY CONVERTIBLE PREFERRED STOCK        | CUSIP: 82846H504<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     17840 | NS      | $1009387.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                           | MORGAN STANLEY COM NEW                                                                                                                  | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      3465 | NS      | $660394.35    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AEROVIRONMENT INC                                        | AVAV 0 07/15/30                                                                                                                         | CUSIP: 008073AA6<br>LEI: 529900PGHVI29YLZ6221 | Long             | DBT              | CORP              | US        |    670000 | PA      | $679715.00    | 0.24%             | 2030-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TESLA INC                                                | TESLA INC COM                                                                                                                           | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      3315 | NS      | $1265103.45   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP INC                                                 | SNAP 6.875 03/01/33 144A                                                                                                                | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    280000 | PA      | $272590.42    | 0.10%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                                   | NOG 8.75 06/15/31 144A                                                                                                                  | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    305000 | PA      | $318490.15    | 0.11%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                            | CRWV 9 02/01/31 144A                                                                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    270000 | PA      | $268288.08    | 0.09%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                           | NRG 6.25 11/01/34 144A                                                                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    700000 | PA      | $708141.00    | 0.25%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                     | WEC 3.375 06/01/28                                                                                                                      | CUSIP: 92939UAS5<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   3070000 | PA      | $3202010.00   | 1.12%             | 2028-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                        | POST 6.25 10/15/34 144A                                                                                                                 | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    270000 | PA      | $266533.74    | 0.09%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY ENERGY INC                                       | LBRT 0 03/01/31                                                                                                                         | CUSIP: 53115LAA2<br>LEI: 254900PKFJW6RILDCM60 | Long             | DBT              | CORP              | US        |    725000 | PA      | $872175.00    | 0.31%             | 2031-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORP                                        | DEVON ENERGY CORP COM                                                                                                                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     19485 | NS      | $1000944.45   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                                              | ORACLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |     61645 | NS      | $3000262.15   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX CORP                                                | IMAX 0.75 11/15/30                                                                                                                      | CUSIP: 45245EAK5<br>LEI: 894500GS1ESLAPZCEI74 | Long             | DBT              | CORP              | CA        |   1660000 | PA      | $1854220.00   | 0.65%             | 2030-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ARRAY TECHNOLOGIES INC                                   | ARRY 2.875 07/01/31                                                                                                                     | CUSIP: 04271TAC4<br>LEI: 549300JM5FECYJQ85V37 | Long             | DBT              | CORP              | US        |    620000 | PA      | $802900.00    | 0.28%             | 2031-07-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                               | PFGC 6.125 09/15/32 144A                                                                                                                | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506835.00    | 0.18%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                       | STX 3.5 06/01/28                                                                                                                        | CUSIP: 81180WBL4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    480000 | PA      | $3909360.00   | 1.37%             | 2028-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                               | VMED 7.75 04/15/32 144A                                                                                                                 | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    695000 | PA      | $675654.54    | 0.24%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CIPHER DIGITAL INC                                       | CIFR 0 10/01/31                                                                                                                         | CUSIP: 17253JAB2<br>LEI: 254900QABG5HCQZ28A17 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1519312.50   | 0.53%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ULTIMATE KRONOS GROUP INC                                | ULTI 6.875 02/01/31 144A                                                                                                                | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |    425000 | PA      | $413658.20    | 0.14%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT LLC                                | ATSG 7.25 03/15/32 144A                                                                                                                 | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    395000 | PA      | $413293.40    | 0.14%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                           | MICROSOFT CORP COM                                                                                                                      | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      9264 | NS      | $3777673.92   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMTECH CORP                                             | SMTC 0 10/15/30                                                                                                                         | CUSIP: 816850AJ0<br>LEI: 549300J7WUY317SW6O61 | Long             | DBT              | CORP              | US        |   1430000 | PA      | $1909050.00   | 0.67%             | 2030-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GE VERNOVA INC                                           | GE VERNOVA INC COM                                                                                                                      | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       800 | NS      | $866768.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                  | EA 8.75 07/01/34 144A                                                                                                                   | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |    665000 | PA      | $692016.89    | 0.24%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                            | COHERENT CORP COM                                                                                                                       | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      1980 | NS      | $633025.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                             | BROADCOM INC COM                                                                                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      7725 | NS      | $3224646.75   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                                            | CCL 5.75 08/01/32 144A                                                                                                                  | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    295000 | PA      | $296483.26    | 0.10%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PARSONS CORP                                             | PSN 2.625 03/01/29                                                                                                                      | CUSIP: 70202LAD4<br>LEI: 549300ZXH0VRBSEPX752 | Long             | DBT              | CORP              | US        |    680000 | PA      | $667760.00    | 0.23%             | 2029-03-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| RIVIAN AUTOMOTIVE INC                                    | RIVN 4.625 03/15/29                                                                                                                     | CUSIP: 76954AAB9<br>LEI: 25490004LNKJ84MFYY24 | Long             | DBT              | CORP              | US        |   2380000 | PA      | $2719150.00   | 0.95%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TANDEM DIABETES CARE INC                                 | TNDM 1.5 03/15/29 2024                                                                                                                  | CUSIP: 875372AD6<br>LEI: 549300JEPFOD0K4D3I05 | Long             | DBT              | CORP              | US        |   1985000 | PA      | $2023707.50   | 0.71%             | 2029-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICES INC                            | CONCEN 6.875 07/15/32 144A                                                                                                              | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    575000 | PA      | $595867.33    | 0.21%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MKS INC                                                  | MKSI 1.25 06/01/30                                                                                                                      | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $2852150.00   | 1.00%             | 2030-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC                                | L3HARRIS TECHNOLOGIES INC COM                                                                                                           | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      1275 | NS      | $408701.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO INC            | POWSOL 6.75 09/15/32 144A                                                                                                               | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    400000 | PA      | $409176.00    | 0.14%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                     | RKT 6.375 08/01/33 144A                                                                                                                 | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $546585.30    | 0.19%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TENNECO LLC                                              | TENINC 8 11/17/28 144A                                                                                                                  | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    405000 | PA      | $409812.21    | 0.14%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VENTAS INC                                               | VENTAS INC COM                                                                                                                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      8030 | NS      | $705515.80    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                   | EQMSRM 8.625 05/15/32 144A                                                                                                              | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    505000 | PA      | $535585.33    | 0.19%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BRIDGEBIO PHARMA INC                                     | BBIO 2.25 02/01/29                                                                                                                      | CUSIP: 10806XAD4<br>LEI: 54930028YG89VTY2J114 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1658104.50   | 0.58%             | 2029-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                             | NCLH 6.75 02/01/32 144A                                                                                                                 | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    685000 | PA      | $681639.19    | 0.24%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                    | QUIKHO 6.75 03/01/33 144A                                                                                                               | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    815000 | PA      | $826462.80    | 0.29%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                      | SIRI 5.875 04/15/32 144A                                                                                                                | CUSIP: 82966BAA3<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    700000 | PA      | $688304.54    | 0.24%             | 2032-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK LIQUIDITY FUNDS                                | BLACKROCK LIQUIDITY FUNDS FEDFUND INSTL                                                                                                 | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  13197693 | NS      | $13197693.44  | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TERAWULF INC                                             | WULF 0 05/01/32                                                                                                                         | CUSIP: 88080TAE4<br>LEI: 254900CVMW1SX2T78A64 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $3480240.00   | 1.22%             | 2032-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INTUIT INC                                               | INTUIT INC COM                                                                                                                          | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       635 | NS      | $246697.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                        | JOHNSON & JOHNSON COM                                                                                                                   | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      8165 | NS      | $1876725.25   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIFT4 PAYMENTS INC                                      | FOUR 0.5 08/01/27                                                                                                                       | CUSIP: 82452JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1823280.61   | 0.64%             | 2027-08-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| EXXON MOBIL CORP                                         | EXXON MOBIL CORP COM                                                                                                                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      7350 | NS      | $1134325.50   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC                                      | GPN 1.5 03/01/31                                                                                                                        | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1278937.50   | 0.45%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                    | UBER 0.875 12/01/28 2028                                                                                                                | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1283625.00   | 0.45%             | 2028-12-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GUARDANT HEALTH INC                                      | GH 0 05/15/33                                                                                                                           | CUSIP: 40131MAE9<br>LEI: 254900M8C3E5VC8BR186 | Long             | DBT              | CORP              | US        |   1415000 | PA      | $1477790.63   | 0.52%             | 2033-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES INC                               | ADVANCED MICRO DEVICES INC COM                                                                                                          | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      2390 | NS      | $847231.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IONIS PHARMACEUTICALS INC                                | IONS 1.75 06/15/28                                                                                                                      | CUSIP: 462222AF7<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |    770000 | PA      | $1143450.00   | 0.40%             | 2028-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | OMF 7.125 11/15/31                                                                                                                      | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    270000 | PA      | $273793.23    | 0.10%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWARE INC                        | TAKE-TWO INTERACTIVE SOFTWARE INC COM                                                                                                   | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      1768 | NS      | $377927.68    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC                                           | MASTERCARD INC CL A                                                                                                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2850 | NS      | $1433322.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIFT4 PAYMENTS LLC                                      | FOUR 6.75 08/15/32 144A                                                                                                                 | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |    565000 | PA      | $563883.56    | 0.20%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                      | CHDN 6.75 05/01/31 144A                                                                                                                 | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    285000 | PA      | $291502.85    | 0.10%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DATADOG INC                                              | DDOG 0 12/01/29                                                                                                                         | CUSIP: 23804LAD5<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |   3410000 | PA      | $3428755.00   | 1.20%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | WM A 2026-06-18 CALL 250                                                                                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -16 | NC      | $-2800.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                 | IRM 6.25 01/15/33 144A                                                                                                                  | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    575000 | PA      | $583905.03    | 0.20%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                   | VENLNG 7 01/15/30 144A                                                                                                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    270000 | PA      | $277729.56    | 0.10%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                                     | BXP 2 10/01/30                                                                                                                          | CUSIP: 10112RBM5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1098625.00   | 0.38%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS INC                                   | AAP 7.375 08/01/33 144A                                                                                                                 | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    555000 | PA      | $572665.65    | 0.20%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                   | WCC 6.375 03/15/33 144A                                                                                                                 | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    265000 | PA      | $273716.65    | 0.10%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CLOUDFLARE INC                                           | NET 0 08/15/26                                                                                                                          | CUSIP: 18915MAC1<br>LEI: 5493007DY18BGNLDWU14 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2846371.36   | 1.00%             | 2026-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                      | NEE 3 03/01/27                                                                                                                          | CUSIP: 65339KCY4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   4025000 | PA      | $5850337.50   | 2.05%             | 2027-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                            | CARNIVAL CORP COMMON STOCK                                                                                                              | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     24035 | NS      | $637167.85    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN CHASE & COMPANY                                | JP MORGAN CHASE & COMPANY COM                                                                                                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4400 | NS      | $1378212.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                | CZR 6 10/15/32 144A                                                                                                                     | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    600000 | PA      | $537739.55    | 0.19%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | META A 2026-06-18 CALL 720                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -13 | NC      | $-5915.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GALAXY DIGITAL INC                                       | GLXYLP 0.5 05/01/31                                                                                                                     | CUSIP: 36317GAC0<br>LEI: 9845001C4070E5N07806 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1851150.00   | 0.65%             | 2031-05-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ORMAT TECHNOLOGIES INC                                   | ORA 1.5 03/15/31 A                                                                                                                      | CUSIP: 686688AD4<br>LEI: 5493000TSHHWY24VHM09 | Long             | DBT              | CORP              | US        |   2155000 | PA      | $2280636.50   | 0.80%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                      | COIN 0 10/01/29                                                                                                                         | CUSIP: 19260QAG2<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   3545000 | PA      | $3223468.50   | 1.13%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                                | BABA 0.5 06/01/31                                                                                                                       | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |    795000 | PA      | $1147582.50   | 0.40%             | 2031-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                 | IRM 7 02/15/29 144A                                                                                                                     | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    430000 | PA      | $439436.78    | 0.15%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LiveStyle Inc. Common Stock                              | LiveStyle Inc. Common Stock                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13574 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WASTE PRO USA INC                                        | WASPRO 7 02/01/33 144A                                                                                                                  | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    265000 | PA      | $269956.94    | 0.09%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VALERO ENERGY CORP                                       | VALERO ENERGY CORP COM                                                                                                                  | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      2455 | NS      | $620083.90    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY (THE)                                   | SO 3.25 06/15/28                                                                                                                        | CUSIP: 842587EC7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   2635000 | PA      | $2678477.50   | 0.94%             | 2028-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMEDIATE LLC                         | AMEPIP 7.625 08/15/33 144A                                                                                                              | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $379413.49    | 0.13%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | MSFT A 2026-06-18 CALL 480                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -46 | NC      | $-7682.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| DRAFTKINGS HOLDINGS INC                                  | DKNG 0 03/15/28                                                                                                                         | CUSIP: 26142RAB0<br>LEI: 5493008P45UYYL683Z97 | Long             | DBT              | CORP              | US        |   1565000 | PA      | $1428062.50   | 0.50%             | 2028-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                             | NCLH 0.75 09/15/30                                                                                                                      | CUSIP: 62886HBW0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2495000 | PA      | $2338245.64   | 0.82%             | 2030-09-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BOEING COMPANY (THE)                                     | BOEING COMPANY (THE) 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD                                                              | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |     78440 | NS      | $5663368.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLARIS ENERGY INFRASTRUCTURE INC                        | SEI 0.25 10/01/31                                                                                                                       | CUSIP: 83419XAB4<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $2619662.50   | 0.92%             | 2031-10-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC (THE)                                     | HOME DEPOT INC (THE) COM                                                                                                                | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      1690 | NS      | $555672.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL & GAS INC                                   | NOG 3.625 04/15/29                                                                                                                      | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   1765000 | PA      | $1870900.00   | 0.65%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| VSE CORP                                                 | VSEC 5.75 02/01/29                                                                                                                      | CUSIP: 918284209<br>LEI: 549300QWJYQDH4U5XI15 | Long             | DBT              | CORP              | US        |     30280 | PA      | $1399541.60   | 0.49%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  1 | On Loan: No      |
| ALBEMARLE CORP                                           | ALBEMARLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 7.25% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |     28205 | NS      | $2198297.70   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKWELL AUTOMATION INC                                  | ROCKWELL AUTOMATION INC COM                                                                                                             | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      1550 | NS      | $633810.50    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                 | MCHP 0.75 06/01/30                                                                                                                      | CUSIP: 595017BG8<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2674175.00   | 0.94%             | 2030-06-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | AMZN A 2026-06-18 CALL 310                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -83 | NC      | $-9628.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | OMF 7.125 09/15/32                                                                                                                      | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    535000 | PA      | $542520.59    | 0.19%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                            | INTERCONTINENTAL EXCHANGE INC COM                                                                                                       | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      3665 | NS      | $579399.85    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODYEAR TIRE & RUBBER COMPANY                           | GT 6.625 07/15/30                                                                                                                       | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    355000 | PA      | $351469.81    | 0.12%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RALPH LAUREN CORP                                        | RALPH LAUREN CORP CL A                                                                                                                  | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      1830 | NS      | $656311.20    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE INC                              | AIMEGR 7.375 10/01/32 144A                                                                                                              | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |    445000 | PA      | $463885.80    | 0.16%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                          | PFSI 7.875 12/15/29 144A                                                                                                                | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    265000 | PA      | $274954.78    | 0.10%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SOFI TECHNOLOGIES INC                                    | SOFI 0 10/15/26                                                                                                                         | CUSIP: 83406FAA0<br>LEI: 549300SW81JCMVZDDY09 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1122680.00   | 0.39%             | 2026-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENVISTA HOLDINGS CORP                                    | NVST 1.75 08/15/28                                                                                                                      | CUSIP: 29415FAD6<br>LEI: 549300BX623VURJZ5269 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1900450.00   | 0.67%             | 2028-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INSULET CORP                                             | INSULET CORP COM                                                                                                                        | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      1105 | NS      | $190214.70    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE MACHINES INC                                   | LUNR 2.5 10/01/30                                                                                                                       | CUSIP: 46125AAA8<br>LEI: 254900386IE2PEPLVM59 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $2370371.00   | 0.83%             | 2030-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | CHRW A 2026-05-15 CALL 210                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -10 | NC      | $-310.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                                              | ORACLE CORP COM                                                                                                                         | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      3220 | NS      | $519675.80    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & COMPANY INC                                      | MERCK & COMPANY INC COM                                                                                                                 | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      8095 | NS      | $883812.10    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP | HOUS 7 04/15/30 144A                                                                                                                    | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    535000 | PA      | $535251.94    | 0.19%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                  | TLN 6.5 02/01/36 144A                                                                                                                   | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    570000 | PA      | $572158.49    | 0.20%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                        | POST 6.375 03/01/33 144A                                                                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    550000 | PA      | $549786.05    | 0.19%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC | FTAI 7.875 12/01/30 144A                                                                                                                | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    795000 | PA      | $834730.92    | 0.29%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                           | BBDBCN 6.75 06/15/33 144A                                                                                                               | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    850000 | PA      | $886297.55    | 0.31%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOORDASH INC                                             | DASH 0 05/15/30                                                                                                                         | CUSIP: 25809KAA3<br>LEI: 549300NUQ43FGGSK5051 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1130490.00   | 0.40%             | 2030-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC                                      | VIAV 0.625 03/01/31                                                                                                                     | CUSIP: 925550AJ4<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    450000 | PA      | $1753875.00   | 0.61%             | 2031-03-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                                             | ALPHABET INC CAP STK CL C                                                                                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      1475 | NS      | $563361.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | RTX A 2026-05-15 CALL 210                                                                                                               | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |       -21 | NC      | $-147.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                            | LYV 2.875 01/15/30                                                                                                                      | CUSIP: 538034BC2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   5025000 | PA      | $5595337.50   | 1.96%             | 2030-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RIOT PLATFORMS INC                                       | RIOT 0.75 01/15/30                                                                                                                      | CUSIP: 767292AB1<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $1804269.50   | 0.63%             | 2030-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                              | EQUINIX INC COM                                                                                                                         | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       845 | NS      | $914991.35    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                  | DLR 1.875 11/15/29                                                                                                                      | CUSIP: 25389JAX4<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   2545000 | PA      | $2855490.00   | 1.00%             | 2029-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                        | TIBX 6.5 03/31/29 144A                                                                                                                  | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $535510.79    | 0.19%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRIDGEBIO PHARMA INC                                     | BBIO 0.75 02/01/33                                                                                                                      | CUSIP: 10806XAK8<br>LEI: 54930028YG89VTY2J114 | Long             | DBT              | CORP              | US        |    245000 | PA      | $243138.00    | 0.09%             | 2033-02-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                    | THC 6 11/15/33 144A                                                                                                                     | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    680000 | PA      | $687302.52    | 0.24%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PALANTIR TECHNOLOGIES INC                                | PALANTIR TECHNOLOGIES INC CL A                                                                                                          | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      3365 | NS      | $468105.15    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTRA CLEAN HOLDINGS INC                                 | UCTT 0 03/15/31                                                                                                                         | CUSIP: 90385VAA5<br>LEI: 5493007L6LS7QX18PE75 | Long             | DBT              | CORP              | US        |   1810000 | PA      | $2240418.00   | 0.78%             | 2031-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                                             | MSTR 0 12/01/29                                                                                                                         | CUSIP: 594972AS0<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |   3620000 | PA      | $3127318.00   | 1.09%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE OPTIONS CLEARING CORPORATION                         | NVDA A 2026-05-15 CALL 235                                                                                                              | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               | CORP              | US        |      -190 | NC      | $-5130.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GENMAB A/S                                               | GMABDC 7.25 12/15/33 144A                                                                                                               | CUSIP: 37230JAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | DK        |    500000 | PA      | $521333.75    | 0.18%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MP MATERIALS CORP                                        | MPUS 3 03/01/30                                                                                                                         | CUSIP: 553368AC5<br>LEI: 89450063PHPS61USMT84 | Long             | DBT              | CORP              | US        |    625000 | PA      | $1971562.50   | 0.69%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                            | PRAA 8.375 02/01/28 144A                                                                                                                | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    280000 | PA      | $284422.88    | 0.10%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALIGNMENT HEALTHCARE INC                                 | ALHC 4.25 11/15/29                                                                                                                      | CUSIP: 01625VAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1375000 | PA      | $2273906.25   | 0.80%             | 2029-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                      | RRR 6.625 03/15/32 144A                                                                                                                 | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303739.80    | 0.11%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                | SUN 6.25 07/01/33 144A                                                                                                                  | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    550000 | PA      | $562112.65    | 0.20%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                            | TDG 6.75 01/31/34 144a                                                                                                                  | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    550000 | PA      | $565012.80    | 0.20%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                         | FE 3.625 01/15/29                                                                                                                       | CUSIP: 337932AS6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   2215000 | PA      | $2419887.50   | 0.85%             | 2029-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| XPO INC                                                  | XPO 7.125 06/01/31 144A                                                                                                                 | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |    695000 | PA      | $719418.13    | 0.25%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| APPLIED MATERIALS INC                                    | APPLIED MATERIALS INC COM                                                                                                               | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3675 | NS      | $1449750.75   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-29

**Name of Applicant:** Virtus AllianzGI Diversified Income & Convertible Fund

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer