# EDGAR Filing Document

**Accession Number:** 0001279014
**File Stem:** 0001752724-25-180798
**Filing Date:** 2025-7
**Character Count:** 186574
**Document Hash:** c4d33aa770def0728cd5611b8c913798
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180798.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180798

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING UTILITIES & HIGH INCOME FUND
- **CENTRAL INDEX KEY:** 0001279014

**ORGANIZATION NAME:**
- **EIN:** 364548459
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21507
- **FILM NUMBER:** 251155314

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 857-776-4824

**MAIL ADDRESS:**
- **STREET 1:** 101 SEAPORT BLVD
- **STREET 2:** FLOOR 11
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO UTILITIES & HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 20151216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO ADVANTAGE UTILITIES & HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 20100719

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EVERGREEN UTILITIES & HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 20040209

## Nport-Ex

Portfolio of investments—May 31, 2025 (unaudited)

Portfolio of investments

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Asset-backed securities: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Frontier Issuer LLC Series 2024-1 Class C144A | 11.16<br> %<br>| &nbsp;&nbsp; 6-20-2054 | $49395 | &nbsp;&nbsp; $54888 |
| &nbsp;&nbsp;&nbsp; Uniti Fiber ABS Issuer LLC Series 2025-1A Class B144A | 6.37 | &nbsp;&nbsp; 4-20-2055 | 105000 | &nbsp;&nbsp; 106388 |
| &nbsp;&nbsp;&nbsp; Ziply Fiber Issuer LLC Series 2024-1A Class C144A | 11.17 | &nbsp;&nbsp; 4-20-2054 | 60000 | &nbsp;&nbsp; 64336 |
| **Total asset-backed securities (Cost $219,627)** |  |  |  | &nbsp;&nbsp; **225612** |

---

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

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| **Common stocks: 89.46%** |  |  |
| **Communication services: 0.00%** |  |  |
| **Diversified telecommunication services: 0.00%** |  |  |
| &nbsp;&nbsp;&nbsp; Intelsat Emergence SA† | 9 | &nbsp;&nbsp; **368** |
| **Energy: 0.39%** |  |  |
| **Oil, gas & consumable fuels: 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp; Enviva, Inc.† | 26595 | &nbsp;&nbsp; **436610** |
| **Utilities: 89.05%** |  |  |
| **Electric utilities: 50.73%** |  |  |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | 45424 | &nbsp;&nbsp; 2826736 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. | 42859 | &nbsp;&nbsp; 4435478 |
| &nbsp;&nbsp;&nbsp; Constellation Energy Corp. | 30852 | &nbsp;&nbsp; 9445340 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp. | 45097 | &nbsp;&nbsp; 5308819 |
| &nbsp;&nbsp;&nbsp; Entergy Corp. | 53016 | &nbsp;&nbsp; 4415173 |
| &nbsp;&nbsp;&nbsp; Eversource Energy | 22708 | &nbsp;&nbsp; 1471705 |
| &nbsp;&nbsp;&nbsp; Exelon Corp. | 88044 | &nbsp;&nbsp; 3858088 |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. | 41467 | &nbsp;&nbsp; 1739126 |
| &nbsp;&nbsp;&nbsp; NextEra Energy, Inc. | 194311 | &nbsp;&nbsp; 13726129 |
| &nbsp;&nbsp;&nbsp; Southern Co. | 73408 | &nbsp;&nbsp; 6606720 |
| &nbsp;&nbsp;&nbsp; Xcel Energy, Inc. | 35204 | &nbsp;&nbsp; 2467800 |
|  |  | &nbsp;&nbsp; **56301114** |
| **Gas utilities: 4.06%** |  |  |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | 29092 | &nbsp;&nbsp; **4499951** |
| **Independent power and renewable electricity producers: 4.95%** |  |  |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | 34204 | &nbsp;&nbsp; **5492136** |
| **Multi-utilities: 26.47%** |  |  |
| &nbsp;&nbsp;&nbsp; Ameren Corp. | 36180 | &nbsp;&nbsp; 3505118 |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy, Inc. | 90987 | &nbsp;&nbsp; 3388356 |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp. | 59487 | &nbsp;&nbsp; 4177772 |
| &nbsp;&nbsp;&nbsp; Dominion Energy, Inc. | 32328 | &nbsp;&nbsp; 1832028 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | 35509 | &nbsp;&nbsp; 4852305 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group, Inc. | 56248 | &nbsp;&nbsp; 4557775 |
| &nbsp;&nbsp;&nbsp; Sempra | 50922 | &nbsp;&nbsp; 4001960 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | 28511 | &nbsp;&nbsp; 3063222 |
|  |  | &nbsp;&nbsp; **29378536** |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 1

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Water utilities: 2.84%** |  |  |
| &nbsp;&nbsp;&nbsp; American Water Works Co., Inc. | 22022 | &nbsp;&nbsp; **$3148485** |
| **Investment Companies: 0.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Resolute Topco, Inc.† | 2068 | &nbsp;&nbsp; **17233** |
| **Total common stocks (Cost $69,257,178)** |  | &nbsp;&nbsp; **99274433** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal |  |
| **Corporate bonds and notes: 27.84%** |  |  |  |  |
| **Basic materials: 0.53%** |  |  |  |  |
| **Chemicals: 0.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC | 6.50<br> %<br>| &nbsp;&nbsp; 4-15-2030 | $145000 | &nbsp;&nbsp; 146146 |
| &nbsp;&nbsp;&nbsp; Chemours Co.144A | 8.00 | &nbsp;&nbsp; 1-15-2033 | 145000 | &nbsp;&nbsp; 126418 |
| &nbsp;&nbsp;&nbsp; SCIH Salt Holdings, Inc.144A | 6.63 | &nbsp;&nbsp; 5-1-2029 | 185000 | &nbsp;&nbsp; 181504 |
|  |  |  |  | &nbsp;&nbsp; **454068** |
| **Iron/steel: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc.144A | 7.00 | &nbsp;&nbsp; 3-15-2032 | 155000 | &nbsp;&nbsp; **133695** |
| **Communications: 3.92%** |  |  |  |  |
| **Advertising: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.144A | 5.13 | &nbsp;&nbsp; 8-15-2027 | 125000 | &nbsp;&nbsp; 122278 |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.144A | 9.00 | &nbsp;&nbsp; 9-15-2028 | 150000 | &nbsp;&nbsp; 157101 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC/Outfront Media Capital Corp.144A | 4.63 | &nbsp;&nbsp; 3-15-2030 | 135000 | &nbsp;&nbsp; 126651 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC/Outfront Media Capital Corp.144A | 7.38 | &nbsp;&nbsp; 2-15-2031 | 170000 | &nbsp;&nbsp; 179529 |
|  |  |  |  | &nbsp;&nbsp; **585559** |
| **Internet: 0.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Arches Buyer, Inc.144A | 6.13 | &nbsp;&nbsp; 12-1-2028 | 80000 | &nbsp;&nbsp; 73124 |
| &nbsp;&nbsp;&nbsp; Cablevision Lightpath LLC144A | 5.63 | &nbsp;&nbsp; 9-15-2028 | 130000 | &nbsp;&nbsp; 125545 |
| &nbsp;&nbsp;&nbsp; Match Group Holdings II LLC144A | 5.63 | &nbsp;&nbsp; 2-15-2029 | 130000 | &nbsp;&nbsp; 128910 |
|  |  |  |  | &nbsp;&nbsp; **327579** |
| **Media: 1.83%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp.144A | 4.25 | &nbsp;&nbsp; 1-15-2034 | 345000 | &nbsp;&nbsp; 297815 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp.144A | 4.50 | &nbsp;&nbsp; 8-15-2030 | 450000 | &nbsp;&nbsp; 421943 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp. | 4.50 | &nbsp;&nbsp; 5-1-2032 | 50000 | &nbsp;&nbsp; 45507 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp.144A | 5.00 | &nbsp;&nbsp; 2-1-2028 | 25000 | &nbsp;&nbsp; 24521 |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp.144A | 5.38 | &nbsp;&nbsp; 6-1-2029 | 85000 | &nbsp;&nbsp; 83826 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC144A | 3.38 | &nbsp;&nbsp; 2-15-2031 | 150000 | &nbsp;&nbsp; 98250 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC144A | 5.50 | &nbsp;&nbsp; 4-15-2027 | 180000 | &nbsp;&nbsp; 170517 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC144A | 5.75 | &nbsp;&nbsp; 1-15-2030 | 90000 | &nbsp;&nbsp; 45430 |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC144A | 11.25 | &nbsp;&nbsp; 5-15-2028 | 100000 | &nbsp;&nbsp; 98968 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing LLC/DIRECTV Financing Co-Obligor, Inc.144A | 5.88 | &nbsp;&nbsp; 8-15-2027 | 35000 | &nbsp;&nbsp; 34451 |
| &nbsp;&nbsp;&nbsp; DISH DBS Corp.144A | 5.75 | &nbsp;&nbsp; 12-1-2028 | 90000 | &nbsp;&nbsp; 76165 |
| &nbsp;&nbsp;&nbsp; DISH Network Corp.144A | 11.75 | &nbsp;&nbsp; 11-15-2027 | 295000 | &nbsp;&nbsp; 304355 |

---

See accompanying notes to portfolio of investments

2 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Media**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Paramount Global (3 Month LIBOR+3.90%)± | 6.25<br> %<br>| &nbsp;&nbsp; 2-28-2057 | $100000 | &nbsp;&nbsp; $94308 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC144A | 4.13 | &nbsp;&nbsp; 7-1-2030 | 260000 | &nbsp;&nbsp; 236228 |
|  |  |  |  | &nbsp;&nbsp; **2032284** |
| **Telecommunications: 1.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CommScope LLC144A | 8.25 | &nbsp;&nbsp; 3-1-2027 | 105000 | &nbsp;&nbsp; 104730 |
| &nbsp;&nbsp;&nbsp; EchoStar Corp. (PIK at 6.75%)¥ | 6.75 | &nbsp;&nbsp; 11-30-2030 | 451149 | &nbsp;&nbsp; 387988 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc.144A | 3.63 | &nbsp;&nbsp; 1-15-2029 | 130000 | &nbsp;&nbsp; 107900 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc.144A | 3.88 | &nbsp;&nbsp; 10-15-2030 | 140000 | &nbsp;&nbsp; 117950 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc.144A | 10.50 | &nbsp;&nbsp; 4-15-2029 | 260000 | &nbsp;&nbsp; 292500 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc.144A | 10.00 | &nbsp;&nbsp; 10-15-2032 | 138125 | &nbsp;&nbsp; 141661 |
| &nbsp;&nbsp;&nbsp; Viasat, Inc.144A | 5.63 | &nbsp;&nbsp; 4-15-2027 | 80000 | &nbsp;&nbsp; 78795 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC/Windstream Escrow Finance Corp.144A | 8.25 | &nbsp;&nbsp; 10-1-2031 | 165000 | &nbsp;&nbsp; 171723 |
|  |  |  |  | &nbsp;&nbsp; **1403247** |
| **Consumer, cyclical: 4.21%** |  |  |  |  |
| **Airlines: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; American Airlines, Inc./AAdvantage Loyalty IP Ltd.144A | 5.75 | &nbsp;&nbsp; 4-20-2029 | 95000 | &nbsp;&nbsp; **93288** |
| **Auto parts & equipment: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.144A | 7.50 | &nbsp;&nbsp; 2-15-2033 | 105000 | &nbsp;&nbsp; 104173 |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.144A | 8.25 | &nbsp;&nbsp; 4-15-2031 | 30000 | &nbsp;&nbsp; 30620 |
| &nbsp;&nbsp;&nbsp; Cooper Tire & Rubber Co. LLC | 7.63 | &nbsp;&nbsp; 3-15-2027 | 107000 | &nbsp;&nbsp; 108954 |
| &nbsp;&nbsp;&nbsp; ZF North America Capital, Inc.144A | 6.88 | &nbsp;&nbsp; 4-23-2032 | 105000 | &nbsp;&nbsp; 96324 |
|  |  |  |  | &nbsp;&nbsp; **340071** |
| **Distribution/wholesale: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; RB Global Holdings, Inc.144A | 7.75 | &nbsp;&nbsp; 3-15-2031 | 40000 | &nbsp;&nbsp; **41872** |
| **Entertainment: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CCM Merger, Inc.144A | 6.38 | &nbsp;&nbsp; 5-1-2026 | 430000 | &nbsp;&nbsp; 430160 |
| &nbsp;&nbsp;&nbsp; Churchill Downs, Inc.144A | 6.75 | &nbsp;&nbsp; 5-1-2031 | 170000 | &nbsp;&nbsp; 173136 |
| &nbsp;&nbsp;&nbsp; Cinemark USA, Inc.144A | 7.00 | &nbsp;&nbsp; 8-1-2032 | 300000 | &nbsp;&nbsp; 308619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Six Flags Theme Parks, Inc./Canada's <br> Wonderland Co.144A<br>| 6.63 | &nbsp;&nbsp; 5-1-2032 | 220000 | &nbsp;&nbsp; 224291 |
|  |  |  |  | &nbsp;&nbsp; **1136206** |
| **Home builders: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; LGI Homes, Inc.144A | 8.75 | &nbsp;&nbsp; 12-15-2028 | 150000 | &nbsp;&nbsp; **154372** |
| **Housewares: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Newell Brands, Inc. | 6.38 | &nbsp;&nbsp; 5-15-2030 | 125000 | &nbsp;&nbsp; 117430 |
| &nbsp;&nbsp;&nbsp; Newell Brands, Inc.144A | 8.50 | &nbsp;&nbsp; 6-1-2028 | 140000 | &nbsp;&nbsp; 144837 |
|  |  |  |  | &nbsp;&nbsp; **262267** |
| **Leisure time: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd.144A | 6.75 | &nbsp;&nbsp; 2-1-2032 | 80000 | &nbsp;&nbsp; 80015 |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd.144A | 7.75 | &nbsp;&nbsp; 2-15-2029 | 50000 | &nbsp;&nbsp; 52570 |
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd.144A | 8.13 | &nbsp;&nbsp; 1-15-2029 | 55000 | &nbsp;&nbsp; 57910 |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 3

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Leisure time**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sabre Global, Inc.144A | 10.75<br> %<br>| &nbsp;&nbsp; 11-15-2029 | $162000 | &nbsp;&nbsp; $165240 |
| &nbsp;&nbsp;&nbsp; Sabre Global, Inc.144A%% | 11.13 | &nbsp;&nbsp; 7-15-2030 | 15000 | &nbsp;&nbsp; 15390 |
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd.144A | 5.88 | &nbsp;&nbsp; 9-15-2027 | 45000 | &nbsp;&nbsp; 44978 |
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd.144A | 7.00 | &nbsp;&nbsp; 2-15-2029 | 225000 | &nbsp;&nbsp; 226568 |
|  |  |  |  | &nbsp;&nbsp; **642671** |
| **Lodging: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Genting New York LLC/GENNY Capital, Inc.144A | 7.25 | &nbsp;&nbsp; 10-1-2029 | 140000 | &nbsp;&nbsp; 141581 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating Co., Inc.144A | 6.13 | &nbsp;&nbsp; 4-1-2032 | 160000 | &nbsp;&nbsp; 162469 |
|  |  |  |  | &nbsp;&nbsp; **304050** |
| **Retail: 1.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Carvana Co. (PIK at 13.00%)144A¥ | 9.00 | &nbsp;&nbsp; 6-1-2030 | 295000 | &nbsp;&nbsp; 311087 |
| &nbsp;&nbsp;&nbsp; FirstCash, Inc.144A | 4.63 | &nbsp;&nbsp; 9-1-2028 | 90000 | &nbsp;&nbsp; 87679 |
| &nbsp;&nbsp;&nbsp; FirstCash, Inc.144A | 6.88 | &nbsp;&nbsp; 3-1-2032 | 215000 | &nbsp;&nbsp; 220377 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive, Inc.144A | 6.38 | &nbsp;&nbsp; 1-15-2030 | 105000 | &nbsp;&nbsp; 106931 |
| &nbsp;&nbsp;&nbsp; Macy's Retail Holdings LLC144A | 6.13 | &nbsp;&nbsp; 3-15-2032 | 125000 | &nbsp;&nbsp; 115794 |
| &nbsp;&nbsp;&nbsp; Michaels Cos., Inc.144A | 7.88 | &nbsp;&nbsp; 5-1-2029 | 135000 | &nbsp;&nbsp; 65138 |
| &nbsp;&nbsp;&nbsp; PetSmart, Inc./PetSmart Finance Corp.144A | 7.75 | &nbsp;&nbsp; 2-15-2029 | 150000 | &nbsp;&nbsp; 146022 |
| &nbsp;&nbsp;&nbsp; QXO Building Products, Inc.144A | 6.75 | &nbsp;&nbsp; 4-30-2032 | 100000 | &nbsp;&nbsp; 102535 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC144A | 11.00 | &nbsp;&nbsp; 12-15-2029 | 175000 | &nbsp;&nbsp; 78312 |
| &nbsp;&nbsp;&nbsp; Sally Holdings LLC/Sally Capital, Inc. | 6.75 | &nbsp;&nbsp; 3-1-2032 | 100000 | &nbsp;&nbsp; 101597 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.144A | 4.63 | &nbsp;&nbsp; 11-15-2029 | 65000 | &nbsp;&nbsp; 62090 |
| &nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.144A | 4.88 | &nbsp;&nbsp; 11-15-2031 | 155000 | &nbsp;&nbsp; 144438 |
| &nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc. | 8.13 | &nbsp;&nbsp; 8-15-2029 | 150000 | &nbsp;&nbsp; 157165 |
|  |  |  |  | &nbsp;&nbsp; **1699165** |
| **Consumer, non-cyclical: 3.77%** |  |  |  |  |
| **Commercial services: 1.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC144A | 7.88 | &nbsp;&nbsp; 2-15-2031 | 105000 | &nbsp;&nbsp; 108819 |
| &nbsp;&nbsp;&nbsp; Block, Inc. | 6.50 | &nbsp;&nbsp; 5-15-2032 | 190000 | &nbsp;&nbsp; 194178 |
| &nbsp;&nbsp;&nbsp; CoreCivic, Inc. | 8.25 | &nbsp;&nbsp; 4-15-2029 | 315000 | &nbsp;&nbsp; 332934 |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. | 8.63 | &nbsp;&nbsp; 4-15-2029 | 200000 | &nbsp;&nbsp; 211115 |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. | 10.25 | &nbsp;&nbsp; 4-15-2031 | 180000 | &nbsp;&nbsp; 197306 |
| &nbsp;&nbsp;&nbsp; Herc Holdings Escrow, Inc.144A%% | 7.00 | &nbsp;&nbsp; 6-15-2030 | 100000 | &nbsp;&nbsp; 103023 |
| &nbsp;&nbsp;&nbsp; Hertz Corp.144A | 12.63 | &nbsp;&nbsp; 7-15-2029 | 40000 | &nbsp;&nbsp; 40729 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC/Prime Finance, Inc.144A | 6.25 | &nbsp;&nbsp; 1-15-2028 | 40000 | &nbsp;&nbsp; 39959 |
| &nbsp;&nbsp;&nbsp; Sotheby's/BidFair Holdings, Inc.144A | 5.88 | &nbsp;&nbsp; 6-1-2029 | 235000 | &nbsp;&nbsp; 202666 |
| &nbsp;&nbsp;&nbsp; Veritiv Operating Co.144A | 10.50 | &nbsp;&nbsp; 11-30-2030 | 115000 | &nbsp;&nbsp; 122315 |
|  |  |  |  | &nbsp;&nbsp; **1553044** |
| **Food: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Albertsons Cos., Inc./Safeway, Inc./New <br> Albertsons LP/Albertsons LLC144A<br>| 5.88 | &nbsp;&nbsp; 2-15-2028 | 120000 | &nbsp;&nbsp; 119892 |
| &nbsp;&nbsp;&nbsp; B&G Foods, Inc.144A | 8.00 | &nbsp;&nbsp; 9-15-2028 | 235000 | &nbsp;&nbsp; 221474 |
| &nbsp;&nbsp;&nbsp; Performance Food Group, Inc.144A | 6.13 | &nbsp;&nbsp; 9-15-2032 | 105000 | &nbsp;&nbsp; 105845 |
|  |  |  |  | &nbsp;&nbsp; **447211** |

---

See accompanying notes to portfolio of investments

4 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Healthcare-services: 1.63%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems, Inc.144A | 5.25<br> %<br>| &nbsp;&nbsp; 5-15-2030 | $95000 | &nbsp;&nbsp; $85552 |
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems, Inc.144A | 6.00 | &nbsp;&nbsp; 1-15-2029 | 125000 | &nbsp;&nbsp; 120098 |
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems, Inc.144A | 10.88 | &nbsp;&nbsp; 1-15-2032 | 80000 | &nbsp;&nbsp; 85269 |
| &nbsp;&nbsp;&nbsp; Concentra Health Services, Inc.144A | 6.88 | &nbsp;&nbsp; 7-15-2032 | 175000 | &nbsp;&nbsp; 180045 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc.144A | 6.88 | &nbsp;&nbsp; 9-1-2032 | 340000 | &nbsp;&nbsp; 345386 |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC144A | 5.75 | &nbsp;&nbsp; 12-31-2030 | 74180 | &nbsp;&nbsp; 59159 |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC (PIK at 0.75%)144A¥ | 6.75 | &nbsp;&nbsp; 3-31-2031 | 88741 | &nbsp;&nbsp; 64782 |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC (PIK at 5.00%)144A¥ | 11.50 | &nbsp;&nbsp; 12-31-2030 | 59164 | &nbsp;&nbsp; 58345 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group, Inc.144A | 5.38 | &nbsp;&nbsp; 2-15-2030 | 155000 | &nbsp;&nbsp; 150046 |
| &nbsp;&nbsp;&nbsp; Star Parent, Inc.144A | 9.00 | &nbsp;&nbsp; 10-1-2030 | 240000 | &nbsp;&nbsp; 248056 |
| &nbsp;&nbsp;&nbsp; Surgery Center Holdings, Inc.144A | 7.25 | &nbsp;&nbsp; 4-15-2032 | 115000 | &nbsp;&nbsp; 114778 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. | 6.75 | &nbsp;&nbsp; 5-15-2031 | 290000 | &nbsp;&nbsp; 298715 |
|  |  |  |  | &nbsp;&nbsp; **1810231** |
| **Pharmaceuticals: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; AdaptHealth LLC144A | 5.13 | &nbsp;&nbsp; 3-1-2030 | 145000 | &nbsp;&nbsp; 133998 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings, Inc.144A | 8.50 | &nbsp;&nbsp; 4-15-2031 | 235000 | &nbsp;&nbsp; 243244 |
|  |  |  |  | &nbsp;&nbsp; **377242** |
| **Energy: 3.67%** |  |  |  |  |
| **Energy-alternate sources: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Enviva Partners LP/Enviva Partners Finance Corp.144A♦† | 6.50 | &nbsp;&nbsp; 1-15-2026 | 635000 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp; TerraForm Power Operating LLC144A | 4.75 | &nbsp;&nbsp; 1-15-2030 | 175000 | &nbsp;&nbsp; 164958 |
|  |  |  |  | &nbsp;&nbsp; **164958** |
| **Oil & gas: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Aethon United BR LP/Aethon United Finance Corp.144A | 7.50 | &nbsp;&nbsp; 10-1-2029 | 90000 | &nbsp;&nbsp; 92229 |
| &nbsp;&nbsp;&nbsp; California Resources Corp.144A | 8.25 | &nbsp;&nbsp; 6-15-2029 | 80000 | &nbsp;&nbsp; 80145 |
| &nbsp;&nbsp;&nbsp; Encino Acquisition Partners Holdings LLC144A | 8.50 | &nbsp;&nbsp; 5-1-2028 | 205000 | &nbsp;&nbsp; 210271 |
| &nbsp;&nbsp;&nbsp; Encino Acquisition Partners Holdings LLC144A | 8.75 | &nbsp;&nbsp; 5-1-2031 | 120000 | &nbsp;&nbsp; 131061 |
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I LP/Hilcorp Finance Co.144A | 6.00 | &nbsp;&nbsp; 2-1-2031 | 170000 | &nbsp;&nbsp; 156109 |
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I LP/Hilcorp Finance Co.144A | 6.25 | &nbsp;&nbsp; 4-15-2032 | 30000 | &nbsp;&nbsp; 27335 |
| &nbsp;&nbsp;&nbsp; Hilcorp Energy I LP/Hilcorp Finance Co.144A | 8.38 | &nbsp;&nbsp; 11-1-2033 | 60000 | &nbsp;&nbsp; 59706 |
| &nbsp;&nbsp;&nbsp; Kimmeridge Texas Gas LLC144A | 8.50 | &nbsp;&nbsp; 2-15-2030 | 50000 | &nbsp;&nbsp; 49425 |
| &nbsp;&nbsp;&nbsp; Kraken Oil & Gas Partners LLC144A | 7.63 | &nbsp;&nbsp; 8-15-2029 | 55000 | &nbsp;&nbsp; 52115 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp. | 6.00 | &nbsp;&nbsp; 10-1-2032 | 110000 | &nbsp;&nbsp; 102545 |
| &nbsp;&nbsp;&nbsp; Nabors Industries Ltd.144A | 7.50 | &nbsp;&nbsp; 1-15-2028 | 70000 | &nbsp;&nbsp; 58478 |
| &nbsp;&nbsp;&nbsp; Nabors Industries, Inc.144A | 8.88 | &nbsp;&nbsp; 8-15-2031 | 90000 | &nbsp;&nbsp; 61591 |
| &nbsp;&nbsp;&nbsp; Nabors Industries, Inc.144A | 9.13 | &nbsp;&nbsp; 1-31-2030 | 110000 | &nbsp;&nbsp; 100230 |
|  |  |  |  | &nbsp;&nbsp; **1181240** |
| **Oil & gas services: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Archrock Partners LP/Archrock Partners Finance Corp.144A | 6.63 | &nbsp;&nbsp; 9-1-2032 | 110000 | &nbsp;&nbsp; 110579 |
| &nbsp;&nbsp;&nbsp; Bristow Group, Inc.144A | 6.88 | &nbsp;&nbsp; 3-1-2028 | 330000 | &nbsp;&nbsp; 329034 |
| &nbsp;&nbsp;&nbsp; Oceaneering International, Inc. | 6.00 | &nbsp;&nbsp; 2-1-2028 | 115000 | &nbsp;&nbsp; 113450 |
|  |  |  |  | &nbsp;&nbsp; **553063** |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 5

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Pipelines: 1.96%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero Midstream Finance Corp.144A | 6.63<br> %<br>| &nbsp;&nbsp; 2-1-2032 | $60000 | &nbsp;&nbsp; $61293 |
| &nbsp;&nbsp;&nbsp; Buckeye Partners LP | 5.85 | &nbsp;&nbsp; 11-15-2043 | 150000 | &nbsp;&nbsp; 126626 |
| &nbsp;&nbsp;&nbsp; Buckeye Partners LP144A | 6.88 | &nbsp;&nbsp; 7-1-2029 | 90000 | &nbsp;&nbsp; 92537 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP/BIP-V Chinook Holdco LLC144A | 5.50 | &nbsp;&nbsp; 6-15-2031 | 100000 | &nbsp;&nbsp; 96095 |
| &nbsp;&nbsp;&nbsp; CQP Holdco LP/BIP-V Chinook Holdco LLC144A | 7.50 | &nbsp;&nbsp; 12-15-2033 | 195000 | &nbsp;&nbsp; 206447 |
| &nbsp;&nbsp;&nbsp; Excelerate Energy LP144A | 8.00 | &nbsp;&nbsp; 5-15-2030 | 60000 | &nbsp;&nbsp; 62114 |
| &nbsp;&nbsp;&nbsp; Harvest Midstream I LP144A | 7.50 | &nbsp;&nbsp; 9-1-2028 | 175000 | &nbsp;&nbsp; 177695 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP144A | 5.50 | &nbsp;&nbsp; 10-15-2030 | 80000 | &nbsp;&nbsp; 79097 |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP144A | 6.50 | &nbsp;&nbsp; 6-1-2029 | 40000 | &nbsp;&nbsp; 40836 |
| &nbsp;&nbsp;&nbsp; Kinetik Holdings LP144A | 5.88 | &nbsp;&nbsp; 6-15-2030 | 180000 | &nbsp;&nbsp; 178930 |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror LP144A | 9.00 | &nbsp;&nbsp; 8-1-2029 | 125000 | &nbsp;&nbsp; 127073 |
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC144A | 6.75 | &nbsp;&nbsp; 3-15-2033 | 45000 | &nbsp;&nbsp; 46348 |
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC144A | 6.88 | &nbsp;&nbsp; 4-15-2040 | 285000 | &nbsp;&nbsp; 272904 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.144A | 6.00 | &nbsp;&nbsp; 12-31-2030 | 210000 | &nbsp;&nbsp; 201219 |
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC144A | 6.25 | &nbsp;&nbsp; 1-15-2030 | 100000 | &nbsp;&nbsp; 101377 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc.144A | 8.38 | &nbsp;&nbsp; 6-1-2031 | 200000 | &nbsp;&nbsp; 203028 |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc.144A | 9.88 | &nbsp;&nbsp; 2-1-2032 | 95000 | &nbsp;&nbsp; 101065 |
|  |  |  |  | &nbsp;&nbsp; **2174684** |
| **Financial: 4.97%** |  |  |  |  |
| **Banks: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citigroup, Inc. Series X (5 Year Treasury Constant Maturity+3.42%)ʊ± | 3.88 | &nbsp;&nbsp; 2-18-2026 | 210000 | &nbsp;&nbsp; **205733** |
| **Diversified financial services: 1.89%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aircastle Ltd. Series A (5 Year Treasury Constant <br> Maturity+4.41%)144Aʊ±<br>| 5.25 | &nbsp;&nbsp; 6-15-2026 | 190000 | &nbsp;&nbsp; 188674 |
| &nbsp;&nbsp;&nbsp; Encore Capital Group, Inc.144A | 9.25 | &nbsp;&nbsp; 4-1-2029 | 200000 | &nbsp;&nbsp; 213250 |
| &nbsp;&nbsp;&nbsp; EZCORP, Inc.144A | 7.38 | &nbsp;&nbsp; 4-1-2032 | 105000 | &nbsp;&nbsp; 108964 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance, Inc.144A | 6.13 | &nbsp;&nbsp; 11-1-2032 | 50000 | &nbsp;&nbsp; 50083 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance, Inc.144A | 6.75 | &nbsp;&nbsp; 5-1-2033 | 70000 | &nbsp;&nbsp; 71787 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance, Inc.144A | 7.13 | &nbsp;&nbsp; 4-30-2031 | 165000 | &nbsp;&nbsp; 172369 |
| &nbsp;&nbsp;&nbsp; Jefferies Finance LLC/JFIN Co-Issuer Corp.144A | 5.00 | &nbsp;&nbsp; 8-15-2028 | 130000 | &nbsp;&nbsp; 123157 |
| &nbsp;&nbsp;&nbsp; Jefferies Finance LLC/JFIN Co-Issuer Corp.144A | 6.63 | &nbsp;&nbsp; 10-15-2031 | 100000 | &nbsp;&nbsp; 98992 |
| &nbsp;&nbsp;&nbsp; Jefferson Capital Holdings LLC144A | 8.25 | &nbsp;&nbsp; 5-15-2030 | 60000 | &nbsp;&nbsp; 61414 |
| &nbsp;&nbsp;&nbsp; Jefferson Capital Holdings LLC144A | 9.50 | &nbsp;&nbsp; 2-15-2029 | 105000 | &nbsp;&nbsp; 111372 |
| &nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings, Inc.144A | 7.13 | &nbsp;&nbsp; 2-1-2032 | 155000 | &nbsp;&nbsp; 161400 |
| &nbsp;&nbsp;&nbsp; Navient Corp. | 11.50 | &nbsp;&nbsp; 3-15-2031 | 180000 | &nbsp;&nbsp; 203909 |
| &nbsp;&nbsp;&nbsp; OneMain Finance Corp. | 7.88 | &nbsp;&nbsp; 3-15-2030 | 195000 | &nbsp;&nbsp; 203775 |
| &nbsp;&nbsp;&nbsp; PRA Group, Inc.144A | 5.00 | &nbsp;&nbsp; 10-1-2029 | 119000 | &nbsp;&nbsp; 106750 |
| &nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC144A | 5.50 | &nbsp;&nbsp; 4-15-2029 | 235000 | &nbsp;&nbsp; 224966 |
|  |  |  |  | &nbsp;&nbsp; **2100862** |
| **Insurance: 1.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer144A | 7.38 | &nbsp;&nbsp; 10-1-2032 | 320000 | &nbsp;&nbsp; 328923 |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc.144A | 4.88 | &nbsp;&nbsp; 6-30-2029 | 85000 | &nbsp;&nbsp; 81433 |
| &nbsp;&nbsp;&nbsp; AmWINS Group, Inc.144A | 6.38 | &nbsp;&nbsp; 2-15-2029 | 115000 | &nbsp;&nbsp; 116611 |
| &nbsp;&nbsp;&nbsp; BroadStreet Partners, Inc.144A | 5.88 | &nbsp;&nbsp; 4-15-2029 | 160000 | &nbsp;&nbsp; 157547 |
| &nbsp;&nbsp;&nbsp; HUB International Ltd.144A | 7.25 | &nbsp;&nbsp; 6-15-2030 | 30000 | &nbsp;&nbsp; 31243 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Insurance**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; HUB International Ltd.144A | 7.38<br> %<br>| &nbsp;&nbsp; 1-31-2032 | $225000 | &nbsp;&nbsp; $234810 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC144A | 7.13 | &nbsp;&nbsp; 6-1-2031 | 105000 | &nbsp;&nbsp; 108623 |
| &nbsp;&nbsp;&nbsp; USI, Inc.144A | 7.50 | &nbsp;&nbsp; 1-15-2032 | 100000 | &nbsp;&nbsp; 104821 |
|  |  |  |  | &nbsp;&nbsp; **1164011** |
| **REITs: 1.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust, Inc.144A | 7.75 | &nbsp;&nbsp; 12-1-2029 | 120000 | &nbsp;&nbsp; 126336 |
| &nbsp;&nbsp;&nbsp; Brandywine Operating Partnership LP | 8.88 | &nbsp;&nbsp; 4-12-2029 | 225000 | &nbsp;&nbsp; 239597 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc.144A | 4.50 | &nbsp;&nbsp; 2-15-2031 | 185000 | &nbsp;&nbsp; 173345 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc.144A | 5.25 | &nbsp;&nbsp; 7-15-2030 | 315000 | &nbsp;&nbsp; 307381 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder Capital Finance <br> Corp.144A<br>| 7.00 | &nbsp;&nbsp; 7-15-2031 | 220000 | &nbsp;&nbsp; 228151 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp.144A | 8.50 | &nbsp;&nbsp; 2-15-2032 | 125000 | &nbsp;&nbsp; 128130 |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP/RHP Finance Corp.144A%% | 6.50 | &nbsp;&nbsp; 6-15-2033 | 55000 | &nbsp;&nbsp; 55936 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust | 8.38 | &nbsp;&nbsp; 6-15-2029 | 70000 | &nbsp;&nbsp; 70833 |
| &nbsp;&nbsp;&nbsp; Service Properties Trust144A | 8.63 | &nbsp;&nbsp; 11-15-2031 | 305000 | &nbsp;&nbsp; 324837 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc.144A | 6.50 | &nbsp;&nbsp; 7-1-2030 | 180000 | &nbsp;&nbsp; 182555 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Fiber Holdings, Inc./CSL Capital LLC144A | 6.00 | &nbsp;&nbsp; 1-15-2030 | 60000 | &nbsp;&nbsp; 54661 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC144A | 10.50 | &nbsp;&nbsp; 2-15-2028 | 139000 | &nbsp;&nbsp; 147462 |
|  |  |  |  | &nbsp;&nbsp; **2039224** |
| **Industrial: 3.06%** |  |  |  |  |
| **Aerospace/defense: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Spirit AeroSystems, Inc.144A | 9.75 | &nbsp;&nbsp; 11-15-2030 | 190000 | &nbsp;&nbsp; 209810 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc.144A | 6.63 | &nbsp;&nbsp; 3-1-2032 | 425000 | &nbsp;&nbsp; 434140 |
|  |  |  |  | &nbsp;&nbsp; **643950** |
| **Building materials: 0.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc.144A | 6.38 | &nbsp;&nbsp; 3-1-2034 | 150000 | &nbsp;&nbsp; 149450 |
| &nbsp;&nbsp;&nbsp; Camelot Return Merger Sub, Inc.144A | 8.75 | &nbsp;&nbsp; 8-1-2028 | 140000 | &nbsp;&nbsp; 123900 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP/Emerald Co-Issuer, Inc.144A | 6.63 | &nbsp;&nbsp; 12-15-2030 | 240000 | &nbsp;&nbsp; 242427 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc.144A | 6.38 | &nbsp;&nbsp; 3-1-2032 | 50000 | &nbsp;&nbsp; 50808 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc.144A | 6.75 | &nbsp;&nbsp; 3-1-2033 | 90000 | &nbsp;&nbsp; 91327 |
|  |  |  |  | &nbsp;&nbsp; **657912** |
| **Electrical components & equipment: 0.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Energizer Holdings, Inc.144A | 4.38 | &nbsp;&nbsp; 3-31-2029 | 220000 | &nbsp;&nbsp; 206658 |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.144A | 6.63 | &nbsp;&nbsp; 3-15-2032 | 215000 | &nbsp;&nbsp; 220102 |
|  |  |  |  | &nbsp;&nbsp; **426760** |
| **Environmental control: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc.144A | 6.38 | &nbsp;&nbsp; 2-1-2031 | 130000 | &nbsp;&nbsp; **132289** |
| **Hand/machine tools: 0.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Werner FinCo LP/Werner FinCo, Inc.144A | 11.50 | &nbsp;&nbsp; 6-15-2028 | 155000 | &nbsp;&nbsp; 168562 |
| &nbsp;&nbsp;&nbsp; Werner FinCo LP/Werner FinCo, Inc. (PIK at 5.75%)144A¥ | 16.50 | &nbsp;&nbsp; 10-15-2028 | 280842 | &nbsp;&nbsp; 284659 |
|  |  |  |  | &nbsp;&nbsp; **453221** |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 7

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Machinery-diversified: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chart Industries, Inc.144A | 7.50<br> %<br>| &nbsp;&nbsp; 1-1-2030 | $95000 | &nbsp;&nbsp; $99161 |
| &nbsp;&nbsp;&nbsp; Chart Industries, Inc.144A | 9.50 | &nbsp;&nbsp; 1-1-2031 | 110000 | &nbsp;&nbsp; 117220 |
| &nbsp;&nbsp;&nbsp; TK Elevator U.S. Newco, Inc.144A | 5.25 | &nbsp;&nbsp; 7-15-2027 | 90000 | &nbsp;&nbsp; 89148 |
|  |  |  |  | &nbsp;&nbsp; **305529** |
| **Packaging & containers: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging <br> Finance PLC144A<br>| 6.00 | &nbsp;&nbsp; 6-15-2027 | 190000 | &nbsp;&nbsp; 190468 |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings, Inc.144A | 6.88 | &nbsp;&nbsp; 1-15-2030 | 60000 | &nbsp;&nbsp; 60843 |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings, Inc.144A | 8.75 | &nbsp;&nbsp; 4-15-2030 | 100000 | &nbsp;&nbsp; 102263 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp./Sealed Air Corp. U.S.144A | 7.25 | &nbsp;&nbsp; 2-15-2031 | 125000 | &nbsp;&nbsp; 130617 |
|  |  |  |  | &nbsp;&nbsp; **484191** |
| **Trucking & leasing: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Fortress Transportation & Infrastructure Investors LLC144A | 7.00 | &nbsp;&nbsp; 5-1-2031 | 205000 | &nbsp;&nbsp; 209956 |
| &nbsp;&nbsp;&nbsp; Fortress Transportation & Infrastructure Investors LLC144A | 7.00 | &nbsp;&nbsp; 6-15-2032 | 80000 | &nbsp;&nbsp; 81781 |
|  |  |  |  | &nbsp;&nbsp; **291737** |
| **Technology: 2.03%** |  |  |  |  |
| **Computers: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Diebold Nixdorf, Inc.144A | 7.75 | &nbsp;&nbsp; 3-31-2030 | 155000 | &nbsp;&nbsp; 162922 |
| &nbsp;&nbsp;&nbsp; Insight Enterprises, Inc.144A | 6.63 | &nbsp;&nbsp; 5-15-2032 | 105000 | &nbsp;&nbsp; 106988 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman | 8.50 | &nbsp;&nbsp; 7-15-2031 | 205000 | &nbsp;&nbsp; 218894 |
|  |  |  |  | &nbsp;&nbsp; **488804** |
| **Office/business equipment: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Zebra Technologies Corp.144A | 6.50 | &nbsp;&nbsp; 6-1-2032 | 165000 | &nbsp;&nbsp; **167941** |
| **Semiconductors: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Entegris, Inc.144A | 5.95 | &nbsp;&nbsp; 6-15-2030 | 110000 | &nbsp;&nbsp; **110060** |
| **Software: 1.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group, Inc.144A | 6.50 | &nbsp;&nbsp; 2-15-2030 | 275000 | &nbsp;&nbsp; 264969 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc.144A | 6.50 | &nbsp;&nbsp; 3-31-2029 | 235000 | &nbsp;&nbsp; 234736 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc.144A | 8.25 | &nbsp;&nbsp; 6-30-2032 | 225000 | &nbsp;&nbsp; 236581 |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc.144A | 9.00 | &nbsp;&nbsp; 9-30-2029 | 305000 | &nbsp;&nbsp; 312192 |
| &nbsp;&nbsp;&nbsp; Ellucian Holdings, Inc.144A | 6.50 | &nbsp;&nbsp; 12-1-2029 | 140000 | &nbsp;&nbsp; 141391 |
| &nbsp;&nbsp;&nbsp; Rocket Software, Inc.144A | 9.00 | &nbsp;&nbsp; 11-28-2028 | 170000 | &nbsp;&nbsp; 175397 |
| &nbsp;&nbsp;&nbsp; SS&C Technologies, Inc.144A | 6.50 | &nbsp;&nbsp; 6-1-2032 | 115000 | &nbsp;&nbsp; 118081 |
|  |  |  |  | &nbsp;&nbsp; **1483347** |
| **Utilities: 1.68%** |  |  |  |  |
| **Electric: 1.59%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; AES Corp. (5 Year Treasury Constant Maturity+2.89%)± | 6.95 | &nbsp;&nbsp; 7-15-2055 | 135000 | &nbsp;&nbsp; 128083 |
| &nbsp;&nbsp;&nbsp; AES Corp. (5 Year Treasury Constant Maturity+3.20%)± | 7.60 | &nbsp;&nbsp; 1-15-2055 | 180000 | &nbsp;&nbsp; 181424 |
| &nbsp;&nbsp;&nbsp; Edison International (5 Year Treasury Constant Maturity+3.86%)± | 8.13 | &nbsp;&nbsp; 6-15-2053 | 115000 | &nbsp;&nbsp; 113611 |
| &nbsp;&nbsp;&nbsp; EUSHI Finance, Inc. (5 Year Treasury Constant Maturity+3.14%)± | 7.63 | &nbsp;&nbsp; 12-15-2054 | 205000 | &nbsp;&nbsp; 209588 |
| &nbsp;&nbsp;&nbsp; Pattern Energy Operations LP/Pattern Energy Operations, Inc.144A | 4.50 | &nbsp;&nbsp; 8-15-2028 | 225000 | &nbsp;&nbsp; 215901 |
| &nbsp;&nbsp;&nbsp; PG&E Corp. (5 Year Treasury Constant Maturity+3.88%)± | 7.38 | &nbsp;&nbsp; 3-15-2055 | 210000 | &nbsp;&nbsp; 205635 |

---

See accompanying notes to portfolio of investments

8 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Electric**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sempra (5 Year Treasury Constant Maturity+2.87%)± | 4.13<br> %<br>| &nbsp;&nbsp; 4-1-2052 | $110000 | &nbsp;&nbsp; $103839 |
| &nbsp;&nbsp;&nbsp; Vistra Corp. (5 Year Treasury Constant Maturity+5.74%)144Aʊ± | 7.00 | &nbsp;&nbsp; 12-15-2026 | 105000 | &nbsp;&nbsp; 106509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vistra Corp. Series C (5 Year Treasury Constant <br> Maturity+5.05%)144Aʊ±<br>| 8.88 | &nbsp;&nbsp; 1-15-2029 | 110000 | &nbsp;&nbsp; 118155 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC144A | 7.75 | &nbsp;&nbsp; 10-15-2031 | 160000 | &nbsp;&nbsp; 169654 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating Partners LP144A | 7.25 | &nbsp;&nbsp; 1-15-2029 | 205000 | &nbsp;&nbsp; 206006 |
|  |  |  |  | &nbsp;&nbsp; **1758405** |
| **Gas: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC144A | 7.50 | &nbsp;&nbsp; 5-1-2033 | 100000 | &nbsp;&nbsp; **104445** |
| **Total corporate bonds and notes (Cost $30,566,142)** |  |  |  | &nbsp;&nbsp; **30890488** |
| **Loans: 2.11%** |  |  |  |  |
| **Communications: 0.77%** |  |  |  |  |
| **Media: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC (U.S. SOFR 1 Month+4.50%)± | 8.83 | &nbsp;&nbsp; 1-18-2028 | 104352 | &nbsp;&nbsp; 102917 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing LLC (U.S. SOFR 3 Month+5.25%)± | 9.79 | &nbsp;&nbsp; 8-2-2029 | 156044 | &nbsp;&nbsp; 153412 |
| &nbsp;&nbsp;&nbsp; Hubbard Radio LLC (U.S. SOFR 1 Month+4.50%)‡± | 8.83 | &nbsp;&nbsp; 9-30-2027 | 171830 | &nbsp;&nbsp; 112119 |
|  |  |  |  | &nbsp;&nbsp; **368448** |
| **Telecommunications: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CommScope, Inc. (U.S. SOFR 1 Month+5.25%)± | 9.58 | &nbsp;&nbsp; 12-17-2029 | 345000 | &nbsp;&nbsp; 347971 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. (U.S. SOFR 1 Month+2.35%)± | 6.79 | &nbsp;&nbsp; 4-15-2030 | 140000 | &nbsp;&nbsp; 138464 |
|  |  |  |  | &nbsp;&nbsp; **486435** |
| **Consumer, cyclical: 0.35%** |  |  |  |  |
| **Airlines: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; SkyMiles IP Ltd. (U.S. SOFR 3 Month+3.75%)± | 8.02 | &nbsp;&nbsp; 10-20-2027 | 50996 | &nbsp;&nbsp; 51248 |
| &nbsp;&nbsp;&nbsp; Vista Management Holding, Inc. (U.S. SOFR 3 Month+3.75%)± | 8.05 | &nbsp;&nbsp; 4-1-2031 | 10000 | &nbsp;&nbsp; 9992 |
|  |  |  |  | &nbsp;&nbsp; **61240** |
| **Auto parts & equipment: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; First Brands Group LLC (U.S. SOFR 3 Month+5.00%)± | 9.54 | &nbsp;&nbsp; 3-30-2027 | 124340 | &nbsp;&nbsp; **119968** |
| **Housewares: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; American Greetings Corp. (U.S. SOFR 1 Month+5.75%)± | 10.08 | &nbsp;&nbsp; 10-30-2029 | 105164 | &nbsp;&nbsp; **104953** |
| **Retail: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co., Inc. (U.S. SOFR 3 Month+3.25%)± | 7.81 | &nbsp;&nbsp; 3-3-2028 | 110000 | &nbsp;&nbsp; **101691** |
| **Consumer, non-cyclical: 0.36%** |  |  |  |  |
| **Commercial services: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; GEO Group, Inc. (U.S. SOFR 1 Month+5.25%)± | 9.58 | &nbsp;&nbsp; 4-13-2029 | 64773 | &nbsp;&nbsp; 65394 |
| &nbsp;&nbsp;&nbsp; Hertz Corp. (U.S. SOFR 3 Month+3.50%)± | 8.04 | &nbsp;&nbsp; 6-30-2028 | 114751 | &nbsp;&nbsp; 94741 |
|  |  |  |  | &nbsp;&nbsp; **160135** |
| **Healthcare-services: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Modivcare, Inc. (U.S. SOFR 3 Month+4.75%)± | 9.05 | &nbsp;&nbsp; 7-1-2031 | 274305 | &nbsp;&nbsp; 184089 |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 9

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Healthcare-services**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Modivcare, Inc. (U.S. SOFR 3 Month+7.50%)± | 11.71<br> %<br>| &nbsp;&nbsp; 1-9-2026 | $47065 | &nbsp;&nbsp; $35534 |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC (U.S. SOFR 3 Month+3.75%)± | 8.03 | &nbsp;&nbsp; 12-31-2030 | 17913 | &nbsp;&nbsp; 17592 |
|  |  |  |  | &nbsp;&nbsp; **237215** |
| **Energy: 0.06%** |  |  |  |  |
| **Pipelines: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror LP (U.S. SOFR 1 Month+4.25%)± | 8.58 | &nbsp;&nbsp; 8-1-2029 | 69302 | &nbsp;&nbsp; **69519** |
| **Financial: 0.21%** |  |  |  |  |
| **Insurance: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Asurion LLC (U.S. SOFR 1 Month+3.25%)± | 7.69 | &nbsp;&nbsp; 7-31-2027 | 69637 | &nbsp;&nbsp; 69173 |
| &nbsp;&nbsp;&nbsp; Asurion LLC (U.S. SOFR 1 Month+5.25%)± | 9.69 | &nbsp;&nbsp; 1-31-2028 | 169633 | &nbsp;&nbsp; 163483 |
|  |  |  |  | &nbsp;&nbsp; **232656** |
| **Industrial: 0.22%** |  |  |  |  |
| **Aerospace/defense: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Spirit AeroSystems, Inc. (U.S. SOFR 3 Month+4.50%)± | 8.78 | &nbsp;&nbsp; 1-15-2027 | 35000 | &nbsp;&nbsp; **35015** |
| **Building materials: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; CP Atlas Buyer, Inc. (U.S. SOFR 1 Month+3.75%)± | 8.18 | &nbsp;&nbsp; 11-23-2027 | 159443 | &nbsp;&nbsp; 150986 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc. (U.S. SOFR 1 Month+2.25%)± | 6.58 | &nbsp;&nbsp; 2-10-2032 | 60000 | &nbsp;&nbsp; 59700 |
|  |  |  |  | &nbsp;&nbsp; **210686** |
| **Technology: 0.14%** |  |  |  |  |
| **Computers: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; McAfee Corp. (U.S. SOFR 1 Month+3.00%)± | 7.33 | &nbsp;&nbsp; 3-1-2029 | 104738 | &nbsp;&nbsp; **100601** |
| **Software: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Rocket Software, Inc. (U.S. SOFR 1 Month+4.25%)± | 8.58 | &nbsp;&nbsp; 11-28-2028 | 49500 | &nbsp;&nbsp; **49534** |
| **Total loans (Cost $2,511,215)** |  |  |  | &nbsp;&nbsp; **2338096** |
| **Yankee corporate bonds and notes: 5.01%** |  |  |  |  |
| **Communications: 1.43%** |  |  |  |  |
| **Internet: 0.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Rakuten Group, Inc.144A | 9.75 | &nbsp;&nbsp; 4-15-2029 | 235000 | &nbsp;&nbsp; 251605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rakuten Group, Inc. (5 Year Treasury Constant <br> Maturity+4.25%)144Aʊ±<br>| 8.13 | &nbsp;&nbsp; 12-15-2029 | 215000 | &nbsp;&nbsp; 206206 |
|  |  |  |  | &nbsp;&nbsp; **457811** |
| **Media: 0.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Virgin Media Finance PLC144A | 5.00 | &nbsp;&nbsp; 7-15-2030 | 65000 | &nbsp;&nbsp; 58926 |
| &nbsp;&nbsp;&nbsp; Virgin Media Secured Finance PLC144A | 4.50 | &nbsp;&nbsp; 8-15-2030 | 250000 | &nbsp;&nbsp; 230840 |
| &nbsp;&nbsp;&nbsp; Virgin Media Vendor Financing Notes IV DAC144A | 5.00 | &nbsp;&nbsp; 7-15-2028 | 45000 | &nbsp;&nbsp; 43850 |
| &nbsp;&nbsp;&nbsp; VZ Secured Financing BV144A | 5.00 | &nbsp;&nbsp; 1-15-2032 | 145000 | &nbsp;&nbsp; 125343 |
|  |  |  |  | &nbsp;&nbsp; **458959** |

---

See accompanying notes to portfolio of investments

10 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Telecommunications: 0.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc. (5 Year Treasury Constant <br> Maturity+2.62%)±<br>| 7.13<br> %<br>| &nbsp;&nbsp; 4-15-2055 | $325000 | &nbsp;&nbsp; $325472 |
| &nbsp;&nbsp;&nbsp; Telecom Italia Capital SA | 7.20 | &nbsp;&nbsp; 7-18-2036 | 125000 | &nbsp;&nbsp; 129960 |
| &nbsp;&nbsp;&nbsp; Zegona Finance PLC144A | 8.63 | &nbsp;&nbsp; 7-15-2029 | 200000 | &nbsp;&nbsp; 213000 |
|  |  |  |  | &nbsp;&nbsp; **668432** |
| **Consumer, cyclical: 0.75%** |  |  |  |  |
| **Airlines: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Air Canada Pass-Through Trust Series 2020-1 Class C144A | 10.50 | &nbsp;&nbsp; 7-15-2026 | 200000 | &nbsp;&nbsp; 210500 |
| &nbsp;&nbsp;&nbsp; Latam Airlines Group SA144A | 7.88 | &nbsp;&nbsp; 4-15-2030 | 130000 | &nbsp;&nbsp; 130520 |
|  |  |  |  | &nbsp;&nbsp; **341020** |
| **Entertainment: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Banijay Entertainment SASU144A | 8.13 | &nbsp;&nbsp; 5-1-2029 | 200000 | &nbsp;&nbsp; **207545** |
| **Leisure time: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Carnival Corp.144A | 6.00 | &nbsp;&nbsp; 5-1-2029 | 100000 | &nbsp;&nbsp; 100264 |
| &nbsp;&nbsp;&nbsp; Carnival Corp.144A | 6.13 | &nbsp;&nbsp; 2-15-2033 | 185000 | &nbsp;&nbsp; 185457 |
|  |  |  |  | &nbsp;&nbsp; **285721** |
| **Consumer, non-cyclical: 1.00%** |  |  |  |  |
| **Cosmetics/Personal Care: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Opal Bidco SAS144A | 6.50 | &nbsp;&nbsp; 3-31-2032 | 145000 | &nbsp;&nbsp; 144871 |
| &nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co. | 6.13 | &nbsp;&nbsp; 9-30-2032 | 175000 | &nbsp;&nbsp; 174691 |
|  |  |  |  | &nbsp;&nbsp; **319562** |
| **Healthcare-products: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bausch & Lomb Corp.144A | 8.38 | &nbsp;&nbsp; 10-1-2028 | 170000 | &nbsp;&nbsp; **175756** |
| **Pharmaceuticals: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd.144A | 10.00 | &nbsp;&nbsp; 4-15-2032 | 305000 | &nbsp;&nbsp; 301955 |
| &nbsp;&nbsp;&nbsp; Bausch Health Cos., Inc.144A | 11.00 | &nbsp;&nbsp; 9-30-2028 | 60000 | &nbsp;&nbsp; 57568 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV | 8.13 | &nbsp;&nbsp; 9-15-2031 | 230000 | &nbsp;&nbsp; 255852 |
|  |  |  |  | &nbsp;&nbsp; **615375** |
| **Energy: 0.32%** |  |  |  |  |
| **Coal: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Griffin Coal Mining Co. Pty. Ltd.144A♦† | 9.50 | &nbsp;&nbsp; 12-1-2049 | 60913 | &nbsp;&nbsp; **0** |
| **Oil & gas: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Baytex Energy Corp.144A | 8.50 | &nbsp;&nbsp; 4-30-2030 | 80000 | &nbsp;&nbsp; 77516 |
| &nbsp;&nbsp;&nbsp; Borr IHC Ltd./Borr Finance LLC144A | 10.00 | &nbsp;&nbsp; 11-15-2028 | 128820 | &nbsp;&nbsp; 111203 |
| &nbsp;&nbsp;&nbsp; Saturn Oil & Gas, Inc.144A | 9.63 | &nbsp;&nbsp; 6-15-2029 | 65000 | &nbsp;&nbsp; 59514 |
|  |  |  |  | &nbsp;&nbsp; **248233** |
| **Pipelines: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Northriver Midstream Finance LP144A | 6.75 | &nbsp;&nbsp; 7-15-2032 | 100000 | &nbsp;&nbsp; **100913** |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 11

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Financial: 0.79%** |  |  |  |  |
| **Banks: 0.31%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Banco del Estado de Chile (5 Year Treasury Constant <br> Maturity+3.23%)144Aʊ±<br>| 7.95<br> %<br>| &nbsp;&nbsp; 5-2-2029 | $120000 | &nbsp;&nbsp; $124094 |
| &nbsp;&nbsp;&nbsp; BNP Paribas SA (5 Year Treasury Constant Maturity+3.73%)144Aʊ± | 8.00 | &nbsp;&nbsp; 8-22-2031 | 110000 | &nbsp;&nbsp; 115024 |
| &nbsp;&nbsp;&nbsp; UBS Group AG (5 Year Treasury Constant Maturity+3.40%)144Aʊ± | 4.88 | &nbsp;&nbsp; 2-12-2027 | 105000 | &nbsp;&nbsp; 101138 |
|  |  |  |  | &nbsp;&nbsp; **340256** |
| **Diversified financial services: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation Trust (5 Year <br> Treasury Constant Maturity+2.72%)±<br>| 6.95 | &nbsp;&nbsp; 3-10-2055 | 110000 | &nbsp;&nbsp; 112828 |
| &nbsp;&nbsp;&nbsp; GGAM Finance Ltd.144A | 5.88 | &nbsp;&nbsp; 3-15-2030 | 225000 | &nbsp;&nbsp; 223875 |
| &nbsp;&nbsp;&nbsp; Global Aircraft Leasing Co. Ltd.144A | 8.75 | &nbsp;&nbsp; 9-1-2027 | 200000 | &nbsp;&nbsp; 202247 |
|  |  |  |  | &nbsp;&nbsp; **538950** |
| **Industrial: 0.52%** |  |  |  |  |
| **Aerospace/defense: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bombardier, Inc.144A | 8.75 | &nbsp;&nbsp; 11-15-2030 | 160000 | &nbsp;&nbsp; **171729** |
| **Electronics: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sensata Technologies BV144A | 5.88 | &nbsp;&nbsp; 9-1-2030 | 175000 | &nbsp;&nbsp; **173067** |
| **Machinery-diversified: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TK Elevator Holdco GmbH144A | 7.63 | &nbsp;&nbsp; 7-15-2028 | 15000 | &nbsp;&nbsp; **15021** |
| **Packaging & containers: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Trivium Packaging Finance BV144A | 8.25 | &nbsp;&nbsp; 7-15-2030 | 100000 | &nbsp;&nbsp; 103754 |
| &nbsp;&nbsp;&nbsp; Trivium Packaging Finance BV144A | 12.25 | &nbsp;&nbsp; 1-15-2031 | 110000 | &nbsp;&nbsp; 115675 |
|  |  |  |  | &nbsp;&nbsp; **219429** |
| **Utilities: 0.20%** |  |  |  |  |
| **Electric: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Algonquin Power & Utilities Corp. (5 Year Treasury Constant <br> Maturity+3.25%)±<br>| 4.75 | &nbsp;&nbsp; 1-18-2082 | 235000 | &nbsp;&nbsp; **224891** |
| **Total yankee corporate bonds and notes (Cost $5,623,118)** |  |  |  | &nbsp;&nbsp; **5562670** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares |  |
| **Short-term investments: 2.56%** |  |  |  |  |
| **Investment companies: 2.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞## |  | 4.23 | 2844141 | &nbsp;&nbsp; **2844141** |
| **Total short-term investments (Cost $2,844,141)** |  |  |  | &nbsp;&nbsp; **2844141** |
| **Total investments in securities (Cost $111,021,421)** | 127.18<br> %<br>|  |  | &nbsp;&nbsp; 141135440 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | (27.18)<br>|  |  | &nbsp;&nbsp; (30161851)<br>|
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$110973589** |

---

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

See accompanying notes to portfolio of investments

12 \| Allspring Utilities and High Income Fund

------

Portfolio of investments—May 31, 2025 (unaudited)

---

| |
|:---|
| The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| Non-income-earning security |
| Variable rate investment. The rate shown is the rate in effect at period end. |
| ¥A payment-in-kind (PIK) security is a security in which the issuer may make interest or dividend payments in cash or additional securities or a combination of both. <br> The rate shown is the rate in effect at period end.<br>|
| The security is purchased on a when-issued basis. |
| The security is fair valued in accordance with procedures approved by Allspring Funds Management, LLC. |
| Security is perpetual in nature and has no stated maturity date. The date shown reflects the next call date. |
| Security is valued using significant unobservable inputs. |
| The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| The rate represents the 7-day annualized yield at period end. |
| All or a portion of this security is segregated as collateral for when-issued securities. |

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| LIBOR | London Interbank Offered Rate |
| REIT | Real estate investment trust |
| SOFR | Secured Overnight Financing Rate |

---

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same adviser or investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $911182 | $17622238 | $(15689279)<br>| $0 | $0 | $2844141 | 2844141 | $56612 |

---

See accompanying notes to portfolio of investments

Allspring Utilities and High Income Fund \| 13

------

Notes to portfolio of investments—May 31, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Equity securities and exchange-traded funds that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Foreign currency translation

The accounting records of the Fund are maintained in U.S. dollars. The values of other assets and liabilities denominated in foreign currencies are translated into U.S. dollars at rates provided by an independent foreign currency pricing source at a time each business day specified by the Valuation Committee. Purchases and sales of securities, and income and expenses are converted at the rate of exchange on the respective dates of such transactions. Net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded and the U.S. dollar equivalent of the amounts actually paid or received. Net unrealized foreign exchange gains and losses arise from changes in the fair value of assets and liabilities other than investments in securities resulting from changes in exchange rates. The changes in net assets arising from changes in exchange rates of securities and the changes in net assets resulting from changes in market prices of securities are not separately presented. Such changes are included in net realized and unrealized gains or losses from investments.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Loans

The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. The loans pay interest at rates which are periodically reset by reference to a base lending rate plus a spread. Investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When the Fund purchases participations, it generally has no rights to enforce compliance with the terms of the loan agreement with the borrower. As a result, the Fund assumes the credit risk of both the borrower and the lender that is selling the participation. When the Fund purchases assignments from lenders, it acquires direct rights against the borrower on the loan and may enforce compliance by the borrower with the terms of the loan agreement. Loans may include fully funded term loans or unfunded loan commitments, which are contractual obligations for future funding. Unfunded loan commitments represent the remaining obligation of the Fund to the borrower. At any point in time, up to the maturity date of the issue, the borrower may demand the unfunded portion. Unfunded amounts, if any, are marked to market.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

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

14 \| Allspring Utilities and High Income Fund

------

Notes to portfolio of investments—May 31, 2025 (unaudited)

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

• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of May 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Asset-backed securities** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $225612 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $225612 |
| **Common stocks** |  |  |  |  |
| *Communication services* | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 368 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 368 |
| *Energy* | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 436610 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 436610 |
| *Investment Companies* | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 17233 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 17233 |
| *Utilities* | &nbsp;&nbsp; 98820222 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 98820222 |
| **Corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 30890488 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 30890488 |
| **Loans** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 2225977 | &nbsp;&nbsp;&nbsp;&nbsp; 112119 | &nbsp;&nbsp;&nbsp;&nbsp; 2338096 |
| **Yankee corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 5562670 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 5562670 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 2844141 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 2844141 |
| **Total assets** | &nbsp;&nbsp; **$101664363** | &nbsp;&nbsp;&nbsp; **$39358958** | &nbsp;&nbsp;&nbsp; **$112119** | &nbsp;&nbsp;&nbsp; **$141135440** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

At May 31, 2025, the Fund had no material transfers into/out of Level 3.

Allspring Utilities and High Income Fund \| 15

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING UTILITIES & HIGH INCOME FUND

- **b. Investment Company Act file number:** 811-21507

- **c. CIK number of Registrant:** 0001279014

- **d. LEI of Registrant:** 549300FUV7SPMTSLG229

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** ALLSPRING UTILITIES & HIGH INCOME FUND

- **c. LEI of Series:** 549300FUV7SPMTSLG229

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $142332071.46

**Total Liabilities:** $31345555.65

**Net Assets:** $110986515.81

**Delayed Delivery Securities:** $483862.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1.34000000 | **1-Year:** -65.78000000 | **5-Year:** -209.03000000 | **10-Year:** -78.96000000 | **30-Year:** -60.52000000

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

- **3-Month:** -144.62000000 | **1-Year:** -3230.36000000 | **5-Year:** -6457.92000000 | **10-Year:** -1698.62000000 | **30-Year:** -700.33000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.45%               | -1.11%               | 5.72%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $203148.09               | $-1339221.85                               |
| Month 2  | $222590.07               | $-153773.31                                |
| Month 3  | $233513.97               | $3497971.49                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS/COMMUNITY HEALTH SYS              | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    125000 | PA      | $120097.79    | 0.11%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN               | Jane Street Group / JSG Finance Inc                                             | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $71787.24     | 0.06%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C              | Outfront Media Capital LLC / Outfront Media Capital Corp                        | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $126650.98    | 0.11%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I              | Performance Food Group Inc                                                      | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105844.83    | 0.10%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI              | Antero Midstream Partners LP / Antero Midstream Finance Corp                    | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $61293.18     | 0.06%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| RITCHIE BROS HLDGS INC                | Ritchie Bros Holdings Inc                                                       | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41872.10     | 0.04%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO               | Allied Universal Holdco LLC                                                     | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |    105000 | PA      | $108818.75    | 0.10%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP              | Hilcorp Energy I LP / Hilcorp Finance Co                                        | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $156109.22    | 0.14%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                     | DISH Network Corp                                                               | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    295000 | PA      | $304354.75    | 0.27%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    105000 | PA      | $104173.22    | 0.09%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                | Spirit Aerosystems Inc 2022 Term Loan                                           | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |     35000 | PA      | $35014.70     | 0.03%             | 2027-01-15      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                | Venture Global LNG Inc                                                          | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     95000 | PA      | $101065.37    | 0.09%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc        | American Electric Power Co Inc                                                  | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     42859 | NS      | $4435477.91   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMWINS GROUP INC                      | AmWINS Group Inc                                                                | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    115000 | PA      | $116611.15    | 0.11%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EUSHI FINANCE INC                     | EUSHI Finance Inc                                                               | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $209588.08    | 0.19%             | 2054-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI              | PetSmart Inc / PetSmart Finance Corp                                            | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $146021.52    | 0.13%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                    | Viking Cruises Ltd                                                              | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    225000 | PA      | $226568.07    | 0.20%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                         | LGI Homes Inc                                                                   | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154372.05    | 0.14%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Vistra Corp                           | Vistra Corp                                                                     | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     34204 | NS      | $5492136.28   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| GENTING NY LLC/GENNY CAP              | Genting New York LLC / GENNY Capital Inc                                        | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $141580.70    | 0.13%             | 2029-10-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN               | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $201219.10    | 0.18%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                   | Kinetik Holdings LP                                                             | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    180000 | PA      | $178930.37    | 0.16%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC           | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $119892.37    | 0.11%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| American Water Works Co Inc           | American Water Works Co Inc                                                     | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     22022 | NS      | $3148485.34   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                   | Dominion Energy Inc                                                             | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     32328 | NS      | $1832027.76   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BORR IHC LTD / BORR FIN               | Borr IHC Ltd / Borr Finance LLC                                                 | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    128820 | PA      | $111202.68    | 0.10%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VISTRA CORP                           | Vistra Corp                                                                     | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106509.38    | 0.10%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $297815.39    | 0.27%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    205000 | PA      | $206005.94    | 0.19%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                         | Citigroup Inc                                                                   | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    210000 | PA      | $205732.86    | 0.19%             | 2026-02-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24520.67     | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Uniti Fiber ABS Issuer LLC            | Uniti Fiber Abs Issuer Llc                                                      | CUSIP: 91326EAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    105000 | PA      | $106387.81    | 0.10%             | 2055-04-20      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                | Air Canada 2020-1 Class C Pass Through Trust                                    | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    200000 | PA      | $210500.00    | 0.19%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                | Nationstar Mortgage Holdings Inc                                                | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $161400.42    | 0.15%             | 2032-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| MCAFEE LLC                            | McAfee LLC 2024 USD 1st Lien Term Loan B                                        | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    104738 | PA      | $100600.37    | 0.09%             | 2029-03-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                   | Buckeye Partners LP                                                             | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92536.65     | 0.08%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENT/SIX FLAG                | Six Flags Entertainment Corp /Six Flags Theme Parks Inc/ Canada's Wonderland Co | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $224291.54    | 0.20%             | 2032-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                      | Cinemark USA Inc                                                                | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308619.30    | 0.28%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VISTA MANAGEMENT HOLDING INC          | Vista Management Holding Inc 2025 Term Loan B                                   | CUSIP: 92842EAB4<br>LEI: 5299005VABKD28UWHI65 | Long             | LON              | CORP              | US        |     10000 | PA      | $9991.70      | 0.01%             | 2031-04-01      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                | Harvest Midstream I LP                                                          | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    175000 | PA      | $177694.83    | 0.16%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                       | AdaptHealth LLC                                                                 | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $133998.28    | 0.12%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                    | NextEra Energy Inc                                                              | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    194311 | NS      | $13726129.04  | 12.37%            |  |  |  | No            |                  1 | On Loan: No      |
| PRAIRIE ECI ACQUIROR LP               | Prairie ECI Acquiror LP 2024 Term Loan B                                        | CUSIP: 73955HAE4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | LON              | CORP              | US        |     69302 | PA      | $69518.65     | 0.06%             | 2029-08-01      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN              | CQP Holdco LP / BIP-V Chinook Holdco LLC                                        | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $206447.09    | 0.19%             | 2033-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN              | Rogers Communications Inc                                                       | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    325000 | PA      | $325471.35    | 0.29%             | 2055-04-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                            | DaVita Inc                                                                      | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    340000 | PA      | $345386.26    | 0.31%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ESC GCB144A ENVIVA PAR                | ESC GCB144A ENVIVA PAR                                                          | CUSIP: 294ESCAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $0.00         | 0.00%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN              | CQP Holdco LP / BIP-V Chinook Holdco LLC                                        | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $96095.45     | 0.09%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     30000 | PA      | $30620.19     | 0.03%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                         | Modivcare Inc 2024 Term Loan B                                                  | CUSIP: 60783LAC4<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |    274305 | PA      | $184089.14    | 0.17%             | 2031-07-01      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS LLC          | MPH Acquisition Holdings LLC 2025 Exchange 1st Out Term Loan                    | CUSIP: 55328HAP6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |     17913 | PA      | $17592.00     | 0.02%             | 2030-12-31      | Floating      | 8.03%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                          | Entegris Inc                                                                    | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110060.39    | 0.10%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER                 | Panther Escrow Issuer LLC                                                       | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $108622.91    | 0.10%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                | WESCO Distribution Inc                                                          | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    215000 | PA      | $220101.99    | 0.20%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| First Brands Group LLC                | First Brands Group LLC 2021 Term Loan                                           | CUSIP: 31935HAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    124340 | PA      | $119967.99    | 0.11%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                 | Quikrete Holdings Inc                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50807.85     | 0.05%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CommScope Inc                         | CommScope Inc 2024 Term Loan                                                    | CUSIP: 000000000<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | LON              | CORP              | US        |    345000 | PA      | $347970.45    | 0.31%             | 2029-12-17      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| KRAKEN OIL & GAS PARTNER              | Kraken Oil & Gas Partners LLC                                                   | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52114.54     | 0.05%             | 2029-08-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                      | CSC Holdings LLC                                                                | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170517.49    | 0.15%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                        | 1261229 BC Ltd                                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    305000 | PA      | $301955.16    | 0.27%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc                  | WEC Energy Group Inc                                                            | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     28511 | NS      | $3063221.84   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| MICHAELS COS INC/THE                  | Michaels Cos Inc/The                                                            | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    135000 | PA      | $65137.50     | 0.06%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $45507.18     | 0.04%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                        | Sabre GLBL Inc                                                                  | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    162000 | PA      | $165240.00    | 0.15%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR        | ALLSPRING GOVERNMENT MONEY MAR                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2844141 | NS      | $2844141.26   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                     | Iron Mountain Inc                                                               | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    315000 | PA      | $307380.81    | 0.28%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                         | ZF North America Capital Inc                                                    | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    105000 | PA      | $96323.78     | 0.09%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102263.10    | 0.09%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST              | Service Properties Trust                                                        | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     70000 | PA      | $70833.35     | 0.06%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC              | BroadStreet Partners Inc                                                        | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    160000 | PA      | $157546.75    | 0.14%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Xcel Energy Inc                       | Xcel Energy Inc                                                                 | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     35204 | NS      | $2467800.40   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH DBS CORP                         | DISH DBS Corp                                                                   | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $76164.93     | 0.07%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                | Group 1 Automotive Inc                                                          | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106931.06    | 0.10%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                 | Tenet Healthcare Corp                                                           | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    290000 | PA      | $298715.08    | 0.27%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE              | ROCKIES EXPRESS PIPELINE                                                        | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46347.62     | 0.04%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALGONQUIN PWR & UTILITY               | Algonquin Power & Utilities Corp                                                | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $224891.26    | 0.20%             | 2082-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                         | Carnival Corp                                                                   | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    100000 | PA      | $100263.57    | 0.09%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Atmos Energy Corp                     | Atmos Energy Corp                                                               | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     29092 | NS      | $4499950.56   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ENVIVA EQUITY                         | ENVIVA EQUITY                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26595 | NS      | $436610.12    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN              | Jefferson Capital Holdings LLC                                                  | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $111371.82    | 0.10%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                                | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     90000 | PA      | $45430.07     | 0.04%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Exelon Corp                           | Exelon Corp                                                                     | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     88044 | NS      | $3858088.08   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSATA TECHNOLOGIES BV               | Sensata Technologies BV                                                         | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    175000 | PA      | $173067.51    | 0.16%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO              | Clear Channel Outdoor Holdings Inc                                              | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122278.41    | 0.11%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                             | PG&E Corp                                                                       | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    210000 | PA      | $205635.17    | 0.19%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                | Cloud Software Group Inc                                                        | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    225000 | PA      | $236581.20    | 0.21%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                           | Chemours Co/The                                                                 | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    145000 | PA      | $126417.60    | 0.11%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS                 | QXO Building Products Inc                                                       | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102534.99    | 0.09%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                 | Directv Financing LLC / Directv Financing Co-Obligor Inc                        | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $34450.80     | 0.03%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                     | Rakuten Group Inc                                                               | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    235000 | PA      | $251605.02    | 0.23%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                          | AES Corp/The                                                                    | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181424.16    | 0.16%             | 2055-01-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                           | Vistra Corp                                                                     | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |    110000 | PA      | $118154.74    | 0.11%             | 2029-01-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                         | TransDigm Inc                                                                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    425000 | PA      | $434139.63    | 0.39%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                     | Newell Brands Inc                                                               | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    140000 | PA      | $144836.84    | 0.13%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INTELSAT EMERGENCE SA                 | INTELSAT EMERGENCE SA                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |         9 | NS      | $368.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Southern Co/The                       | Southern Co/The                                                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     73408 | NS      | $6606720.00   | 5.95%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA GROUP INC                         | PRA Group Inc                                                                   | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    119000 | PA      | $106749.55    | 0.10%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUBBARD RADIO LLC                     | Hubbard Radio LLC 2024 PIK Term Loan B                                          | CUSIP: 44344HAK1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    171830 | PA      | $112119.01    | 0.10%             | 2027-09-30      | Floating      | 8.83%                 | No            |                  3 | On Loan: No      |
| UNITED WHOLESALE MTGE LL              | United Wholesale Mortgage LLC                                                   | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    235000 | PA      | $224966.35    | 0.20%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH + LOMB CORP                    | Bausch + Lomb Corp                                                              | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |    170000 | PA      | $175756.20    | 0.16%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST              | Fortress Transportation and Infrastructure Investors LLC                        | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    205000 | PA      | $209956.29    | 0.19%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV               | VZ Secured Financing BV                                                         | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    145000 | PA      | $125343.37    | 0.11%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                  | Chart Industries Inc                                                            | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    110000 | PA      | $117220.07    | 0.11%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)              | Hertz Corporation (The) 2021 Term Loan B                                        | CUSIP: 42804VBB6<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |     95961 | PA      | $79228.40     | 0.07%             | 2028-06-30      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL               | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                 | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |    139000 | PA      | $147462.18    | 0.13%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| BNP PARIBAS                           | BNP Paribas SA                                                                  | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    110000 | PA      | $115023.92    | 0.10%             | 2031-08-22      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                | Spirit AeroSystems Inc                                                          | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    190000 | PA      | $209810.33    | 0.19%             | 2030-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE              | Perrigo Finance Unlimited Co                                                    | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    175000 | PA      | $174690.39    | 0.16%             | 2032-09-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS              | MPH Acquisition Holdings LLC                                                    | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     59164 | PA      | $58344.58     | 0.05%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Asurion LLC                           | Asurion LLC 2021 2nd Lien Term Loan B3                                          | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    169633 | PA      | $163483.37    | 0.15%             | 2028-01-31      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV              | Virgin Media Vendor Financing Notes IV DAC                                      | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |     45000 | PA      | $43849.58     | 0.04%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rocket Software Inc                   | Rocket Software Inc 2023 USD Term Loan B                                        | CUSIP: 77313DAW1<br>LEI: 549300PVG26ISP5X1556 | Long             | LON              | CORP              | US        |     49500 | PA      | $49534.16     | 0.04%             | 2028-11-28      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $328923.21    | 0.30%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INSIGHT ENTERPRS                      | Insight Enterprises Inc                                                         | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106988.18    | 0.10%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                   | Sirius XM Radio LLC                                                             | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    260000 | PA      | $236227.86    | 0.21%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                | Lumen Technologies Inc 2024 Extended Term Loan B2                               | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    140000 | PA      | $138464.20    | 0.12%             | 2030-04-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60843.00     | 0.05%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                  | OneMain Finance Corp                                                            | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    195000 | PA      | $203774.91    | 0.18%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                    | Seagate HDD Cayman                                                              | CUSIP: 81180WBP5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    205000 | PA      | $218893.67    | 0.20%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC                | SCIH Salt Holdings Inc                                                          | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $181504.43    | 0.16%             | 2029-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GRIFFIN COAL MINING CO                | Griffin Coal Mining Co Pty Ltd/The                                              | CUSIP: 398186AA4<br>LEI: 98450062A5DBFF1A8463 | Long             | DBT              | CORP              | AU        |     60913 | PA      | $0.00         | 0.00%             | 2016-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Corp             | Constellation Energy Corp                                                       | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     30852 | NS      | $9445339.80   | 8.51%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR PARENT INC                       | Star Parent Inc                                                                 | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    240000 | PA      | $248056.53    | 0.22%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                 | Trivium Packaging Finance BV                                                    | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $103754.32    | 0.09%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA              | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    110000 | PA      | $112827.72    | 0.10%             | 2055-03-10      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                 | Nabors Industries Ltd                                                           | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |     70000 | PA      | $58478.20     | 0.05%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL               | MPT Operating Partnership LP / MPT Finance Corp                                 | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              |  | US        |    125000 | PA      | $128130.50    | 0.12%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                 | Bausch Health Cos Inc                                                           | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $57567.90     | 0.05%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE              | Walgreens Boots Alliance Inc                                                    | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157164.75    | 0.14%             | 2029-08-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| Entergy Corp                          | Entergy Corp                                                                    | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     53016 | NS      | $4415172.48   | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE              | Rockies Express Pipeline LLC                                                    | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    285000 | PA      | $272903.69    | 0.25%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VERITIV OPERATING CO                  | Veritiv Operating Co                                                            | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    115000 | PA      | $122314.58    | 0.11%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Sempra                                | Sempra                                                                          | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     50922 | NS      | $4001959.98   | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHES BUYER INC                      | Arches Buyer Inc                                                                | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73124.27     | 0.07%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                | Match Group Holdings II LLC                                                     | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    130000 | PA      | $128909.77    | 0.12%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                         | CommScope LLC                                                                   | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104729.42    | 0.09%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO              | Clear Channel Outdoor Holdings Inc                                              | CUSIP: 18453HAE6<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    150000 | PA      | $157100.70    | 0.14%             | 2028-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                         | FirstCash Inc                                                                   | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87678.60     | 0.08%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp                       | CMS Energy Corp                                                                 | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     59487 | NS      | $4177772.01   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                | Blackstone Mortgage Trust Inc                                                   | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    120000 | PA      | $126335.88    | 0.11%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                | Energizer Holdings Inc                                                          | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    220000 | PA      | $206657.97    | 0.19%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                  | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    155000 | PA      | $133694.86    | 0.12%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORP               | Zebra Technologies Corp                                                         | CUSIP: 989207AD7<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | DBT              | CORP              | US        |    165000 | PA      | $167941.29    | 0.15%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| American Greetings Corporation        | American Greetings Corporation 2024 Term Loan B                                 | CUSIP: 02639DAN6<br>LEI: 549300WMJOT8C9DNMF90 | Long             | LON              | CORP              | US        |    105164 | PA      | $104953.36    | 0.09%             | 2029-10-30      | Floating      | 10.08%                | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN              | Virgin Media Secured Finance PLC                                                | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $230840.13    | 0.21%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                        | OPAL BIDCO                                                                      | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |    145000 | PA      | $144870.98    | 0.13%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SAKS GLOBAL ENTERPRISES               | Saks Global Enterprises LLC                                                     | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $78312.50     | 0.07%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU              | Camelot Return Merger Sub Inc                                                   | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $123900.00    | 0.11%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                 | HUB International Ltd                                                           | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    225000 | PA      | $234809.78    | 0.21%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                | Cloud Software Group Inc                                                        | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    305000 | PA      | $312191.60    | 0.28%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc | Petco Health and Wellness Company Inc 2021 Term Loan B                          | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | LON              | CORP              | US        |    110000 | PA      | $101690.60    | 0.09%             | 2028-03-03      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd                    | Viking Cruises Ltd                                                              | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     45000 | PA      | $44977.55     | 0.04%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                         | FirstCash Inc                                                                   | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    215000 | PA      | $220376.82    | 0.20%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                          | AES Corp/The                                                                    | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    135000 | PA      | $128082.95    | 0.12%             | 2055-07-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST              | Fortress Transportation and Infrastructure Investors LLC                        | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81780.32     | 0.07%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                     | Bristow Group Inc                                                               | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |    330000 | PA      | $329033.93    | 0.30%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                  | Sonic Automotive Inc                                                            | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62090.27     | 0.06%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC              | Vistra Operations Co LLC                                                        | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    160000 | PA      | $169654.07    | 0.15%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                 | Nabors Industries Inc                                                           | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     90000 | PA      | $61591.15     | 0.06%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                  | Sonic Automotive Inc                                                            | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    155000 | PA      | $144438.42    | 0.13%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PRAIRIE ACQUIROR LP                   | Prairie Acquiror LP                                                             | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |    125000 | PA      | $127073.38    | 0.11%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                | Telecom Italia Capital SA                                                       | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |    125000 | PA      | $129960.13    | 0.12%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP               | Pediatrix Medical Group Inc                                                     | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $150046.43    | 0.14%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                          | Navient Corp                                                                    | CUSIP: 63938CAP3<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    180000 | PA      | $203908.50    | 0.18%             | 2031-03-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Alliant Energy Corp                   | Alliant Energy Corp                                                             | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     45424 | NS      | $2826735.52   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                     | Iron Mountain Inc                                                               | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    185000 | PA      | $173344.91    | 0.16%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN              | American Airlines Inc/AAdvantage Loyalty IP Ltd                                 | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |     95000 | PA      | $93287.88     | 0.08%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                         | Modivcare Inc 2025 Incremental Term Loan                                        | CUSIP: 60783LAD2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |     47065 | PA      | $35533.95     | 0.03%             | 2026-01-09      | Floating      | 11.71%                | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC              | Virgin Media Finance PLC                                                        | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     65000 | PA      | $58926.26     | 0.05%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN               | Jane Street Group / JSG Finance Inc                                             | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50082.75     | 0.05%             | 2032-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                           | CUSIP: 527298BX0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    260000 | PA      | $292500.00    | 0.26%             | 2029-04-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC                 | Ellucian Holdings Inc                                                           | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |    140000 | PA      | $141391.18    | 0.13%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RESOLUTE TOPCO INC                    | RESOLUTE TOPCO INC                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2068 | NS      | $17232.64     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC              | Builders FirstSource Inc                                                        | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149449.70    | 0.13%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                            | Viasat Inc                                                                      | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78795.04     | 0.07%             | 2027-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                                | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98968.21     | 0.09%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $421942.86    | 0.38%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                    | Zegona Finance PLC                                                              | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $213000.00    | 0.19%             | 2029-07-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                          | UBS Group AG                                                                    | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    105000 | PA      | $101138.51    | 0.09%             | 2027-02-12      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                  | Edison International                                                            | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113611.50    | 0.10%             | 2053-06-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                   | Churchill Downs Inc                                                             | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    170000 | PA      | $173135.82    | 0.16%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA               | Latam Airlines Group SA                                                         | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    130000 | PA      | $130520.00    | 0.12%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN              | Archrock Partners LP / Archrock Partners Finance Corp                           | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $110578.60    | 0.10%             | 2032-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                 | Banijay Entertainment SAS                                                       | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $207545.30    | 0.19%             | 2029-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Inc                | CenterPoint Energy Inc                                                          | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     90987 | NS      | $3388355.88   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                      | FirstEnergy Corp                                                                | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     41467 | NS      | $1739125.98   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HERTZ CORP/THE                        | Hertz Corp/The                                                                  | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40729.32     | 0.04%             | 2029-07-15      | Fixed         | 12.63%                | No            |                  2 | On Loan: No      |
| Eversource Energy                     | Eversource Energy                                                               | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     22708 | NS      | $1471705.48   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G FOODS INC                         | B&G Foods Inc                                                                   | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    235000 | PA      | $221473.94    | 0.20%             | 2028-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                      | Duke Energy Corp                                                                | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     45097 | NS      | $5308818.84   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                           | Ameren Corp                                                                     | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     36180 | NS      | $3505118.40   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                         | Carnival Corp                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    185000 | PA      | $185456.84    | 0.17%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                             | Block Inc                                                                       | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    190000 | PA      | $194177.53    | 0.17%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EXCELERATE ENERGY LP                  | Excelerate Energy LP                                                            | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |     60000 | PA      | $62113.88     | 0.06%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                    | Baytex Energy Corp                                                              | CUSIP: 07317QAJ4<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $77516.09     | 0.07%             | 2030-04-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION              | Hess Midstream Operations LP                                                    | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $79096.80     | 0.07%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN              | Encino Acquisition Partners Holdings LLC                                        | CUSIP: 29254BAB3<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |    120000 | PA      | $131061.24    | 0.12%             | 2031-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CRP              | California Resources Corp                                                       | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80145.04     | 0.07%             | 2029-06-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                           | Asurion LLC 2021 Term Loan B9                                                   | CUSIP: 04649VAY6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |     69637 | PA      | $69172.83     | 0.06%             | 2027-07-31      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| DirecTV Financing LLC                 | DirecTV Financing LLC 2024 Term Loan                                            | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    156044 | PA      | $153411.50    | 0.14%             | 2029-08-02      | Floating      | 9.79%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS ESCROW INC              | Herc Holdings Escrow Inc                                                        | CUSIP: 42703NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $103022.56    | 0.09%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                            | Carvana Co                                                                      | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    295000 | PA      | $311087.33    | 0.28%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                      | CSC Holdings LLC                                                                | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    150000 | PA      | $98250.00     | 0.09%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WERNER FINCO LP/INC                   | Werner FinCo LP / Werner FinCo Inc                                              | CUSIP: 95076PAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $168562.51    | 0.15%             | 2028-06-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                     | Clean Harbors Inc                                                               | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    130000 | PA      | $132289.43    | 0.12%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS              | EMRLD Borrower LP / Emerald Co-Issuer Inc                                       | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    240000 | PA      | $242427.26    | 0.22%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                      | AmWINS Group Inc                                                                | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |     85000 | PA      | $81433.46     | 0.07%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                           | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    130000 | PA      | $107900.00    | 0.10%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION              | Hess Midstream Operations LP                                                    | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $40835.52     | 0.04%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                | Lumen Technologies Inc                                                          | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    138125 | PA      | $141661.00    | 0.13%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN              | Jefferson Capital Holdings LLC                                                  | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $61414.26     | 0.06%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN              | Jefferies Finance LLC / JFIN Co-Issuer Corp                                     | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $123156.62    | 0.11%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                     | GEO Group Inc/The                                                               | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    200000 | PA      | $211115.24    | 0.19%             | 2029-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS              | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     80000 | PA      | $85269.52     | 0.08%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                 | Trivium Packaging Finance BV                                                    | CUSIP: 89686QAC0<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    110000 | PA      | $115674.64    | 0.10%             | 2031-01-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                 | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104444.80    | 0.09%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC              | TK Elevator US Newco Inc                                                        | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89147.90     | 0.08%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                   | Buckeye Partners LP                                                             | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126625.86    | 0.11%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR HOLDCO GMBH               | TK Elevator Holdco GmbH                                                         | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |     15000 | PA      | $15020.87     | 0.01%             | 2028-07-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN              | TerraForm Power Operating LLC                                                   | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    175000 | PA      | $164957.70    | 0.15%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE               | Teva Pharmaceutical Finance Netherlands III BV                                  | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    230000 | PA      | $255852.00    | 0.23%             | 2031-09-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP              | Hilcorp Energy I LP / Hilcorp Finance Co                                        | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $59705.96     | 0.05%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN               | Jane Street Group / JSG Finance Inc                                             | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $172369.40    | 0.16%             | 2031-04-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US              | Sealed Air Corp/Sealed Air Corp US                                              | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $130616.63    | 0.12%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN              | Northriver Midstream Finance LP                                                 | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $100913.10    | 0.09%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                        | Sabre GLBL Inc                                                                  | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15390.00     | 0.01%             | 2030-07-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD               | Global Aircraft Leasing Co Ltd                                                  | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    200000 | PA      | $202247.04    | 0.18%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC               | Macy's Retail Holdings LLC                                                      | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $115794.00    | 0.10%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                 | SS&C Technologies Inc                                                           | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    115000 | PA      | $118081.08    | 0.11%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S/BIDFAIR HLD                 | Sotheby's/Bidfair Holdings Inc                                                  | CUSIP: 83600GAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $202665.74    | 0.18%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS              | MPH Acquisition Holdings LLC                                                    | CUSIP: 553283AE2<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     88741 | PA      | $64781.70     | 0.06%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                 | Quikrete Holdings Inc 2025 Term Loan B                                          | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |     60000 | PA      | $59700.00     | 0.05%             | 2032-02-10      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL               | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                     | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |     60000 | PA      | $54660.59     | 0.05%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                 | Nabors Industries Inc                                                           | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    110000 | PA      | $100229.55    | 0.09%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| BANCO DEL ESTADO -CHILE               | Banco del Estado de Chile                                                       | CUSIP: 05957AAC3<br>LEI: 5493004R4EJC0W0XVQ72 | Long             | DBT              | CORP              | CL        |    120000 | PA      | $124093.56    | 0.11%             | 2029-05-02      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP              | Hilcorp Energy I LP / Hilcorp Finance Co                                        | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $27334.91     | 0.02%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CP Atlas Buyer Inc                    | CP Atlas Buyer Inc 2021 Term Loan B                                             | CUSIP: 12658HAG7<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | LON              | CORP              | US        |    159443 | PA      | $150986.56    | 0.14%             | 2027-11-23      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                       | Murphy Oil Corp                                                                 | CUSIP: 626717AP7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $102545.09    | 0.09%             | 2032-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C              | Outfront Media Capital LLC / Outfront Media Capital Corp                        | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $179529.01    | 0.16%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                   | NCL Corp Ltd                                                                    | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     55000 | PA      | $57909.61     | 0.05%             | 2029-01-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR              | Windstream Services LLC / Windstream Escrow Finance Corp                        | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $171723.09    | 0.15%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS              | Brandywine Operating Partnership LP                                             | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    225000 | PA      | $239597.55    | 0.22%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                 | Cablevision Lightpath LLC                                                       | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    130000 | PA      | $125545.13    | 0.11%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN              | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |     55000 | PA      | $55935.78     | 0.05%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                     | Rakuten Group Inc                                                               | CUSIP: 75102WAM0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    215000 | PA      | $206205.91    | 0.19%             | 2029-12-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS              | MPH Acquisition Holdings LLC                                                    | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |     74180 | PA      | $59158.55     | 0.05%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN               | Aethon United BR LP / Aethon United Finance Corp                                | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $92229.21     | 0.08%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP              | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp              | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              |  | US        |    220000 | PA      | $228151.00    | 0.21%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                 | Quikrete Holdings Inc                                                           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     90000 | PA      | $91327.14     | 0.08%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                        | CCM Merger Inc                                                                  | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |    430000 | PA      | $430159.66    | 0.39%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                         | Aircastle Ltd                                                                   | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    190000 | PA      | $188674.20    | 0.17%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                   | Rocket Software Inc                                                             | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    170000 | PA      | $175397.16    | 0.16%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Hertz Corporation, (The)              | Hertz Corporation (The) 2021 Term Loan C                                        | CUSIP: 42804VBC4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | LON              | CORP              | US        |     18790 | PA      | $15513.26     | 0.01%             | 2028-06-30      | Floating      | 8.04%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC              | Prime Security Services Borrower LLC / Prime Finance Inc                        | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $39959.07     | 0.04%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST              | Service Properties Trust                                                        | CUSIP: 81761LAC6<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    305000 | PA      | $324837.49    | 0.29%             | 2031-11-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| COOPER TIRE & RUBBER CO               | Cooper Tire & Rubber Co LLC                                                     | CUSIP: 216831AB3<br>LEI: DE46ECQ8KH195MRIQN56 | Long             | DBT              | CORP              | US        |    107000 | PA      | $108953.82    | 0.10%             | 2027-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD                 | HUB International Ltd                                                           | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31242.66     | 0.03%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                         | CoreCivic Inc                                                                   | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    315000 | PA      | $332934.16    | 0.30%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS                 | Endo Finance Holdings Inc                                                       | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $243244.04    | 0.22%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN              | Encino Acquisition Partners Holdings LLC                                        | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |    205000 | PA      | $210270.53    | 0.19%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| USI INC/NY                            | USI Inc/NY                                                                      | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104820.90    | 0.09%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC     | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    190000 | PA      | $190467.97    | 0.17%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU              | Venture Global Calcasieu Pass LLC                                               | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101377.30    | 0.09%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL INC                  | Oceaneering International Inc                                                   | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113450.59    | 0.10%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP              | Sally Holdings LLC / Sally Capital Inc                                          | CUSIP: 79546VAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101597.10    | 0.09%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS              | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     95000 | PA      | $85551.86     | 0.08%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                     | Newell Brands Inc                                                               | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117430.60    | 0.11%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                  | Saturn Oil & Gas Inc                                                            | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $59514.49     | 0.05%             | 2029-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                   | NCL Corp Ltd                                                                    | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     80000 | PA      | $80014.89     | 0.07%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                | Sempra                                                                          | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    110000 | PA      | $103838.67    | 0.09%             | 2052-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ziply Fiber Issuer, LLC               | Ziply Fiber Issuer LLC                                                          | CUSIP: 98979QAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     60000 | PA      | $64336.10     | 0.06%             | 2054-04-20      | Fixed         | 11.17%                | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC              | Celanese US Holdings LLC                                                        | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    145000 | PA      | $146145.94    | 0.13%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                | AthenaHealth Group Inc                                                          | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    275000 | PA      | $264968.69    | 0.24%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Geo Group Inc (The)                   | Geo Group Inc (The) 2024 Term Loan B                                            | CUSIP: 36170EAC1<br>LEI: 54930024XOXET7NQVZ63 | Long             | LON              | CORP              | US        |     64773 | PA      | $65393.56     | 0.06%             | 2029-04-13      | Floating      | 9.58%                 | No            |                  2 | On Loan: No      |
| SkyMiles IP Ltd                       | SkyMiles IP Ltd 2020 Skymiles Term Loan B                                       | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |     50997 | PA      | $51248.56     | 0.05%             | 2027-10-20      | Floating      | 8.02%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                     | GEO Group Inc/The                                                               | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    180000 | PA      | $197306.43    | 0.18%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                      | GGAM Finance Ltd                                                                | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    225000 | PA      | $223875.00    | 0.20%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN              | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162469.28    | 0.15%             | 2032-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WERNER FINCO LP/INC                   | Werner FinCo LP / Werner FinCo Inc                                              | CUSIP: 95076PAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280842 | PA      | $284658.64    | 0.26%             | 2028-10-15      | Fixed         | 16.50%                | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                   | Diebold Nixdorf Inc                                                             | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    155000 | PA      | $162921.59    | 0.15%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                | Venture Global LNG Inc                                                          | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203028.40    | 0.18%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                   | NCL Corp Ltd                                                                    | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     50000 | PA      | $52570.45     | 0.05%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC                   | Frontier Issuer LLC                                                             | CUSIP: 35910EAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     49395 | PA      | $54888.08     | 0.05%             | 2054-06-20      | Fixed         | 11.16%                | No            |                  2 | On Loan: No      |
| DTE Energy Co                         | DTE Energy Co                                                                   | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     35509 | NS      | $4852304.85   | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CSC Holdings LLC                      | CSC Holdings LLC 2022 Term Loan B6                                              | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    104352 | PA      | $102917.19    | 0.09%             | 2028-01-18      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $83825.78     | 0.08%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                 | Level 3 Financing Inc                                                           | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    140000 | PA      | $117950.00    | 0.11%             | 2030-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                | Cloud Software Group Inc                                                        | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    235000 | PA      | $234735.60    | 0.21%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                      | Paramount Global                                                                | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94307.79     | 0.08%             | 2057-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EZCORP INC                            | EZCORP Inc                                                                      | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $108963.86    | 0.10%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN              | Jefferies Finance LLC / JFIN Co-Issuer Corp                                     | CUSIP: 47232MAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98992.26     | 0.09%             | 2031-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST               | Starwood Property Trust Inc                                                     | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    180000 | PA      | $182554.74    | 0.16%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC              | Encore Capital Group Inc                                                        | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    200000 | PA      | $213250.00    | 0.19%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Public Service Enterprise Group Inc   | Public Service Enterprise Group Inc                                             | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     56248 | NS      | $4557775.44   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BOMBARDIER INC                        | Bombardier Inc                                                                  | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $171729.28    | 0.15%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT              | Pattern Energy Operations LP / Pattern Energy Operations Inc                    | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $215900.82    | 0.19%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KIMMERIDGE TEXAS GAS LLC              | Kimmeridge Texas Gas LLC                                                        | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49425.50     | 0.04%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                  | Chart Industries Inc                                                            | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |     95000 | PA      | $99161.10     | 0.09%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                         | EchoStar Corp                                                                   | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    435000 | PA      | $374100.00    | 0.34%             | 2030-11-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS               | Surgery Center Holdings Inc                                                     | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    115000 | PA      | $114778.07    | 0.10%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE              | Concentra Health Services Inc                                                   | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    175000 | PA      | $180044.73    | 0.16%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** ALLSPRING UTILITIES & HIGH INCOME FUND

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer