# EDGAR Filing Document

**Accession Number:** 0001500604
**File Stem:** 0001752724-25-149940
**Filing Date:** 2025-6
**Character Count:** 166770
**Document Hash:** 3a8e0bb601c2fcd7030b63ce70e9175f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-149940.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001752724-25-149940

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Janus Detroit Street Trust
- **CENTRAL INDEX KEY:** 0001500604

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23112
- **FILM NUMBER:** 251060652

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Janus ETF Trust
- **DATE OF NAME CHANGE:** 20100902

## Series and Classes Contracts Data

### Janus Henderson Income ETF (Series ID: S000088762)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255137 | Janus Henderson Income ETF | JIII            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Janus Detroit Street Trust

- **b. Investment Company Act file number:** 811-23112

- **c. CIK number of Registrant:** 0001500604

- **d. LEI of Registrant:** 5493003MM7OCK5UJW595

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

  - **Street Address 1:** 151 Detroit Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Janus Henderson Income ETF

- **b. EDGAR series identifier (if any):** S000088762

- **c. LEI of Series:** 213800X12IY7RROOWO96

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $175123242.76

**Total Liabilities:** $37720994.67

**Net Assets:** $137402248.09

**Delayed Delivery Securities:** $3100093.44

**Cash Not Reported:** $11293.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -209.41005502 | **1-Year:** -4408.08252873 | **5-Year:** -13175.12807511 | **10-Year:** -16187.65623254 | **30-Year:** -4724.31259407

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

- **3-Month:** -169.58973281 | **1-Year:** -5933.06889989 | **5-Year:** -13895.24979972 | **10-Year:** -6067.39044905 | **30-Year:** -999.09477932

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255137 | 1.33%                | -0.59%               | -0.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $162893.15               | $353764.73                                 |
| Month 2  | $233203.52               | $-745937.83                                |
| Month 3  | $-27037.97               | $361100.51                                 |

**Designated Index Information**

- **Index Name:** 65%Bloomberg US Corp High Yld Bond/25%Bloomberg IG/10%Bloomberg MBS

- **Index Identifier:** INTRNL-2419436436

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R01, Class 1B1       | CUSIP: 20755JAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1390536 | PA      | $1354572.68   | 0.99%             | 2045-01-25      | Floating      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare Receivables Funding LLC                | Sierra Timeshare Receivables Funding LLC, Series 2025-1A, Class D     | CUSIP: 82653CAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    468814 | PA      | $456298.74    | 0.33%             | 2042-01-21      | Fixed         | 6.86%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-BIO2, Class D               | CUSIP: 05613GAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $323675.69    | 0.24%             | 2041-08-13      | Variable      | 7.97%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                     | New Residential Mortgage Loan Trust, Series 2024-RTL1, Class A2       | CUSIP: 64831PAB1<br>LEI: 213800CVLC5IFCJL6C96 | Long             | ABS-MBS          | CORP              | US        |    323000 | PA      | $326204.81    | 0.24%             | 2039-03-25      | Variable      | 7.10%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | S&P 500 E-mini Index                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -4 | NC      | $-270.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-DNA3, Class B2                   | CUSIP: 35564KFH7<br>LEI: 5493000ISUYHCRLRBE46 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $297309.09    | 0.22%             | 2033-10-25      | Floating      | 10.60%                | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                 | Saluda Grade Alternative Mortgage Trust, Series 2023-RTL3, Class A1   | CUSIP: 79583YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    678587 | PA      | $671930.47    | 0.49%             | 2029-04-25      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                             | McGraw-Hill Education, Inc.                                           | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    270000 | PA      | $275875.06    | 0.20%             | 2031-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| NRM FHT1 Excess Owner LLC                               | NRM FHT1 Excess Owner LLC, Series 2025-FHT1, Class A                  | CUSIP: 64832EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    648808 | PA      | $651242.96    | 0.47%             | 2032-03-25      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| Clearwater Analytics LLC                                | Clearwater Analytics LLC, First Lien Term Loan                        | CUSIP: 18512EAF9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     63000 | PA      | $62685.00     | 0.05%             | 2032-04-21      | Variable      | 6.52%                 | No            |                  2 | On Loan: No      |
| Iceland Bondco plc                                      | Iceland Bondco plc                                                    | CUSIP: N/A<br>LEI: 2138002DRBYIA8QXHO36       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $391092.96    | 0.28%             | 2028-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                  | Mineral Resources Ltd.                                                | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    266000 | PA      | $251559.82    | 0.18%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2023-B, Class D       | CUSIP: 80290CCD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    289385 | PA      | $292222.20    | 0.21%             | 2033-12-15      | Fixed         | 6.66%                 | Yes           |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                          | Olympus Water US Holding Corp.                                        | CUSIP: N/A<br>LEI: 549300YU2GGVCBN3MY89       | Long             | DBT              | CORP              | US        |    320000 | PA      | $332840.40    | 0.24%             | 2029-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                        | Proofpoint, Inc., First Lien Term Loan                                | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    224433 | PA      | $222974.43    | 0.16%             | 2028-08-31      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $154.11       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2022-FOX2, Class D                                   | CUSIP: 05610AAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232364 | PA      | $229464.61    | 0.17%             | 2039-04-15      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class EK86                    | CUSIP: 05494BBJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    257817 | PA      | $187152.30    | 0.14%             | 2051-11-27      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                      | Aretec Group, Inc., First Lien Term Loan B3                           | CUSIP: 04009DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    300000 | PA      | $298125.00    | 0.22%             | 2030-08-09      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2024-R03, Class 2B1       | CUSIP: 207941AF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1425000 | PA      | $1437495.36   | 1.05%             | 2044-03-25      | Floating      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| ITT Holdings LLC                                        | ITT Holdings LLC                                                      | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    160000 | PA      | $146089.49    | 0.11%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-153.10      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | Light Sweet Crude Oil                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -25 | NC      | $-40750.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB7, Class C7                 | CUSIP: 44422PBE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98388.60     | 0.07%             | 2034-08-05      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                               | Sunoco LP                                                             | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    239000 | PA      | $238678.19    | 0.17%             | 2033-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                             | Allied Universal Holdco LLC                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |    246000 | PA      | $312563.82    | 0.23%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Beazer Homes USA, Inc.                                  | Beazer Homes USA, Inc.                                                | CUSIP: 07556QBU8<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    302000 | PA      | $291785.61    | 0.21%             | 2031-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Franklin Senior Loan ETF                                | Franklin Senior Loan ETF                                              | CUSIP: 35473P595<br>LEI: 549300I3TND36ZL4CK30 | Long             |  | RF                | US        |    143556 | NS      | $3439601.76   | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloud Software Group, Inc.                              | Cloud Software Group, Inc.                                            | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    319000 | PA      | $319114.48    | 0.23%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain CLO XXXI Ltd.                              | BlueMountain CLO XXXI Ltd., Series 2021-31A, Class A1                 | CUSIP: 09631BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $350000.00    | 0.25%             | 2034-04-19      | Floating      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                             | IQVIA, Inc., First Lien Term Loan B5                                  | CUSIP: 44969CBP4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    328178 | PA      | $327685.23    | 0.24%             | 2031-01-02      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials                           | Foundation Building Materials, Inc., First Lien Term Loan B3          | CUSIP: 35039KAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     98000 | PA      | $90813.66     | 0.07%             | 2031-01-29      | Variable      | 9.30%                 | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                        | Modena Buyer LLC, First Lien Term Loan                                | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    474119 | PA      | $448464.19    | 0.33%             | 2031-07-01      | Variable      | 8.79%                 | No            |                  2 | On Loan: No      |
| AMC Networks, Inc.                                      | AMC Networks, Inc.                                                    | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    289000 | PA      | $296925.89    | 0.22%             | 2029-01-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| Capstone Copper Corp.                                   | Capstone Copper Corp.                                                 | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    329000 | PA      | $323261.84    | 0.24%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury Long Bond                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -21 | NC      | $-1460.52     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Arcline FM Holdings LLC                                 | Arcline FM Holdings LLC, First Lien Term Loan                         | CUSIP: 03960DAH6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    150533 | PA      | $149968.29    | 0.11%             | 2030-06-24      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2021-VOLT, Class E               | CUSIP: 05609VAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $319364.89    | 0.23%             | 2036-09-15      | Floating      | 6.44%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F022659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    105000 | PA      | $87265.19     | 0.06%             | 2055-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-158.39      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Huntington Bank Auto Credit-Linked Notes                | Huntington Bank Auto Credit-Linked Notes, Series 2024-1, Class B1     | CUSIP: 44644NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    460400 | PA      | $465662.39    | 0.34%             | 2032-05-20      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                      | General Motors Financial Co., Inc., Series A                          | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    293000 | PA      | $272709.08    | 0.20%             | 2027-09-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA3, Class B2                   | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $165130.97    | 0.12%             | 2041-09-25      | Floating      | 10.60%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7.62        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                 | Saluda Grade Alternative Mortgage Trust, Series 2024-RTL4, Class A1   | CUSIP: 79584CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $170079.53    | 0.12%             | 2030-02-25      | Variable      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class E736                    | CUSIP: 05494BAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    327626 | PA      | $273069.42    | 0.20%             | 2052-09-27      | Variable      | 0.98%                 | Yes           |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                          | SWCH Commercial Mortgage Trust, Series 2025-DATA, Class F             | CUSIP: 78489CAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $163203.45    | 0.12%             | 2042-03-15      | Floating      | 8.56%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                             | Capital One Financial Corp.                                           | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    732000 | PA      | $722884.06    | 0.53%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: No      |
| Reno de Medici SpA                                      | Reno de Medici SpA                                                    | CUSIP: N/A<br>LEI: 815600D6907FE7116F38       | Long             | DBT              | CORP              | IT        |    320000 | PA      | $281841.25    | 0.21%             | 2029-04-15      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2021-SOAR, Class F               | CUSIP: 05608WAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    284940 | PA      | $281749.66    | 0.21%             | 2038-06-15      | Floating      | 6.79%                 | Yes           |                  2 | On Loan: No      |
| MTN Commercial Mortgage Trust                           | MTN Commercial Mortgage Trust, Series 2022-LPFL, Class F              | CUSIP: 62475WAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    457000 | PA      | $451593.81    | 0.33%             | 2039-03-15      | Floating      | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Pilgrim's Pride Corp.                                   | Pilgrim's Pride Corp.                                                 | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    279000 | PA      | $290581.29    | 0.21%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Prima Capital CRE Securitization Ltd.                   | Prima Capital CRE Securitization Ltd., Series 2019-1S, Class C        | CUSIP: 74166KAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    175000 | PA      | $140114.28    | 0.10%             | 2033-10-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2022-R02, Class 2B1       | CUSIP: 20754BAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $517500.00    | 0.38%             | 2042-01-25      | Floating      | 8.85%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1090.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| X Corp.                                                 | X Corp., First Lien Term Loan B3                                      | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249000 | PA      | $242722.71    | 0.18%             | 2030-02-14      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| VARSITY BRANDS, Inc.                                    | Varsity Brands, Inc., First Lien Term Loan B                          | CUSIP: 92227QAF3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    463000 | PA      | $454318.75    | 0.33%             | 2031-08-26      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                   | Mission Lane Credit Card Master Trust, Series 2023-B, Class A         | CUSIP: 60510MAT5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $160346.12    | 0.12%             | 2028-11-15      | Fixed         | 7.69%                 | Yes           |                  2 | On Loan: No      |
| Burford Capital Global Finance LLC                      | Burford Capital Global Finance LLC                                    | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    428000 | PA      | $427138.22    | 0.31%             | 2030-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Blue Owl Finance LLC                                    | Blue Owl Finance LLC                                                  | CUSIP: 09581JAT3<br>LEI: 254900OF2NO2GYFV5T41 | Long             | DBT              | CORP              | US        |    122000 | PA      | $123089.87    | 0.09%             | 2034-04-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OEG Finance plc                                         | OEG Finance plc                                                       | CUSIP: N/A<br>LEI: 254900KMBHWF9UK63G44       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $367854.53    | 0.27%             | 2029-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2025-ROIC, Class E                                   | CUSIP: 05593VAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    301000 | PA      | $296500.90    | 0.22%             | 2030-03-15      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB10, Class A10               | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238000 | PA      | $231698.99    | 0.17%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| ARES Loan Funding III Ltd.                              | ARES Loan Funding III Ltd., Series 2022-ALF3A, Class A1R              | CUSIP: 04009BAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1292850.00   | 0.94%             | 2036-07-25      | Floating      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC                  | Ardagh Metal Packaging Finance USA LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    540000 | PA      | $519086.36    | 0.38%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CD&R Firefly Bidco plc                                  | CD&R Firefly Bidco plc                                                | CUSIP: N/A<br>LEI: 213800OAU5VX61DYZ558       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $435977.17    | 0.32%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                  | JPMorgan Chase Bank NA, Series 2020-CL1, Class M2                     | CUSIP: 46591HAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    724343 | PA      | $737775.81    | 0.54%             | 2057-10-25      | Floating      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                           | Surgery Center Holdings, Inc.                                         | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66847.95     | 0.05%             | 2032-04-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MHP                                                     | MHP, Series 2022-MHIL, Class G                                        | CUSIP: 55293DAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $777592.64    | 0.57%             | 2027-01-15      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Ultra Bond                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -29 | NC      | $-55338.42    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| EP Infrastructure A/S                                   | EP Infrastructure A/S                                                 | CUSIP: N/A<br>LEI: 315700I4J1M1NKGWWY89       | Long             | DBT              | CORP              | CZ        |    320000 | PA      | $318316.92    | 0.23%             | 2031-03-02      | Fixed         | 1.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Notes                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -46 | NC      | $-5750.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Midcontinent Communications                             | Midcontinent Communications                                           | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |    270000 | PA      | $275264.46    | 0.20%             | 2032-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H032654<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2092000 | PA      | $1900159.42   | 1.38%             | 2055-05-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CCI Buyer, Inc.                                         | CCI Buyer, Inc., First Lien Term Loan                                 | CUSIP: 12510EAC1<br>LEI: 254900TMV7DAFRQALU04 | Long             | LON              | CORP              | US        |    300000 | PA      | $299817.00    | 0.22%             | 2027-12-17      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2022-FOX2, Class A2                                  | CUSIP: 05610AAW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    464729 | PA      | $461249.07    | 0.34%             | 2039-04-15      | Floating      | 5.07%                 | Yes           |                  2 | On Loan: No      |
| Beacon Roofing Supply, Inc.                             | Beacon Roofing Supply, Inc.                                           | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    191000 | PA      | $191494.01    | 0.14%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2024-DNA3, Class M2                   | CUSIP: 35564NFA6<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $323509.44    | 0.24%             | 2044-10-25      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Assemblin Caverion Group AB                             | Assemblin Caverion Group AB                                           | CUSIP: N/A<br>LEI: 636700ULD38LN63RC248       | Long             | DBT              | CORP              | SE        |    320000 | PA      | $360154.00    | 0.26%             | 2031-07-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| eG Global Finance plc                                   | eG Global Finance plc                                                 | CUSIP: N/A<br>LEI: 549300TL8Q5207VYET27       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $402864.20    | 0.29%             | 2028-11-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| N/A                                                     | 100 oz Gold                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -16 | NC      | $-1440.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BXHPP Trust                                             | BXHPP Trust, Series 2021-FILM, Class B                                | CUSIP: 05609JAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $343871.21    | 0.25%             | 2036-08-15      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| Huntington Bank Auto Credit-Linked Notes                | Huntington Bank Auto Credit-Linked Notes, Series 2024-1, Class D      | CUSIP: 44644NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    225370 | PA      | $229972.31    | 0.17%             | 2032-05-20      | Floating      | 9.60%                 | Yes           |                  2 | On Loan: No      |
| Herbalife Ltd.                                          | Herbalife Ltd.                                                        | CUSIP: 42703MAF0<br>LEI: 549300BA7TYPBSZZIA41 | Long             | DBT              | CORP              | KY        |    184000 | PA      | $150769.60    | 0.11%             | 2028-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LBM Acquisition LLC                                     | LBM Acquisition LLC                                                   | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    300000 | PA      | $262884.63    | 0.19%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H052652<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     68000 | PA      | $67934.79     | 0.05%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                | Lumen Technologies, Inc.                                              | CUSIP: 550241AB9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    195411 | PA      | $183686.34    | 0.13%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Taseko Mines Ltd.                                       | Taseko Mines Ltd.                                                     | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |    299000 | PA      | $301902.09    | 0.22%             | 2030-05-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| PRPM LLC                                                | PRPM LLC, Series 2025-2, Class A1                                     | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    684000 | PA      | $685594.68    | 0.50%             | 2030-05-25      | Variable      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                     | Hilton Grand Vacations Borrower LLC                                   | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    338000 | PA      | $294129.96    | 0.21%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Full House Resorts, Inc.                                | Full House Resorts, Inc.                                              | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    363000 | PA      | $339724.33    | 0.25%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| CT Investment GmbH                                      | CT Investment GmbH                                                    | CUSIP: N/A<br>LEI: 529900VYBTC7HKBCNB72       | Long             | DBT              | CORP              | DE        |    320000 | PA      | $374218.10    | 0.27%             | 2030-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                     | Regal Rexnord Corp.                                                   | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |    312000 | PA      | $317929.15    | 0.23%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp.                                          | AppLovin Corp.                                                        | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124875.51    | 0.09%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities LLC                             | Business Jet Securities LLC, Series 2024-1A, Class C                  | CUSIP: 12327CAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    246171 | PA      | $249906.60    | 0.18%             | 2039-05-15      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                           | White Cap Supply Holdings LLC, First Lien Term Loan C                 | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    426308 | PA      | $414775.88    | 0.30%             | 2029-10-19      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                          | Univision Communications, Inc.                                        | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    419000 | PA      | $395651.87    | 0.29%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                        | CVS Health Corp.                                                      | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    169000 | PA      | $170951.68    | 0.12%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                | Patrick Industries, Inc.                                              | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    292000 | PA      | $283481.92    | 0.21%             | 2032-11-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| American Airlines, Inc.                                 | American Airlines, Inc.                                               | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    437000 | PA      | $445387.73    | 0.32%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Fiserv, Inc.                                            | Fiserv, Inc.                                                          | CUSIP: 337738BN7<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |    128000 | PA      | $125815.33    | 0.09%             | 2034-08-12      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                         | Citigroup, Inc., Series X                                             | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    441000 | PA      | $428897.84    | 0.31%             | 2026-02-18      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                     | Citigroup Commercial Mortgage Trust, Series 2021-PRM2, Class G        | CUSIP: 17291HAS3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $981080.37    | 0.71%             | 2038-10-15      | Floating      | 8.94%                 | Yes           |                  2 | On Loan: No      |
| DROP Mortgage Trust                                     | DROP Mortgage Trust, Series 2021-FILE, Class A                        | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $302069.54    | 0.22%             | 2043-10-15      | Floating      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H050656<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     96000 | PA      | $94136.26     | 0.07%             | 2055-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                             | Carvana Co.                                                           | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    564000 | PA      | $500724.84    | 0.36%             | 2029-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2024-A, Class E       | CUSIP: 80290CCM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    576269 | PA      | $578112.55    | 0.42%             | 2032-06-15      | Fixed         | 7.76%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F062655<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    153000 | PA      | $157559.40    | 0.11%             | 2055-05-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OVG Business Services LLC                               | OVG Business Services LLC, First Lien Term Loan                       | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     97510 | PA      | $96413.01     | 0.07%             | 2031-06-25      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Crowdstrike Holdings, Inc.                              | Crowdstrike Holdings, Inc.                                            | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    181000 | PA      | $167838.02    | 0.12%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII LLC                 | Bayview Opportunity Master Fund VII LLC, Series 2024-CAR1, Class E    | CUSIP: 07336QAE2<br>LEI: 254900S53K9VTUR1UX42 | Long             | ABS-O            | CORP              | US        |    596202 | PA      | $606291.68    | 0.44%             | 2031-12-26      | Floating      | 7.95%                 | Yes           |                  2 | On Loan: No      |
| ACHM Mortgage Trust                                     | ACHM Mortgage Trust, Series 2024-HE1, Class B                         | CUSIP: 00449TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    661326 | PA      | $683812.09    | 0.50%             | 2039-05-25      | Fixed         | 7.26%                 | Yes           |                  2 | On Loan: No      |
| GWT                                                     | GWT, Series 2024-WLF2, Class D                                        | CUSIP: 362414AG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1330000 | PA      | $1320955.59   | 0.96%             | 2041-05-15      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2023-3A, Class D                            | CUSIP: 12598YAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250298.85    | 0.18%             | 2037-01-20      | Floating      | 8.52%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2025-DNA1, Class M2                   | CUSIP: 35564NGA5<br>LEI: 529900WZAMS87JCAOC53 | Long             | ABS-MBS          | CORP              | US        |    380000 | PA      | $374925.15    | 0.27%             | 2045-01-25      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Charter Communications Operating LLC                    | Charter Communications Operating LLC                                  | CUSIP: 161175CR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    383000 | PA      | $394974.53    | 0.29%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials                           | Foundation Building Materials, Inc., First Lien Term Loan             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    273618 | PA      | $251435.88    | 0.18%             | 2031-01-29      | Variable      | 8.55%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2021-ARIA, Class F                                   | CUSIP: 05608RAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $590046.18    | 0.43%             | 2036-10-15      | Floating      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Notes                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -46 | NC      | $-1437.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Teva Pharmaceutical Finance Co. LLC                     | Teva Pharmaceutical Finance Co. LLC                                   | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |    310000 | PA      | $303229.77    | 0.22%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux SARL                                | JBS USA Holding Lux SARL                                              | CUSIP: 47214BAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    270000 | PA      | $292712.13    | 0.21%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                        | CSC Holdings LLC                                                      | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    400000 | PA      | $391006.00    | 0.28%             | 2028-05-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                  | Mauser Packaging Solutions Holding Co.                                | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    305000 | PA      | $279842.26    | 0.20%             | 2027-04-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Extended Stay America Trust                             | Extended Stay America Trust, Series 2021-ESH, Class F                 | CUSIP: 30227FAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    472714 | PA      | $466805.50    | 0.34%             | 2038-07-15      | Floating      | 8.14%                 | Yes           |                  2 | On Loan: No      |
| Fashion Show Mall LLC                                   | Fashion Show Mall LLC, Series 2024-SHOW, Class B                      | CUSIP: 50245XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1010854.43   | 0.74%             | 2041-10-10      | Variable      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Intel Corp.                                             | Intel Corp.                                                           | CUSIP: 458140CJ7<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    139000 | PA      | $123808.90    | 0.09%             | 2053-02-10      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ares LIII CLO Ltd.                                      | Ares LIII CLO Ltd., Series 2019-53A, Class A1R                        | CUSIP: 04009GAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1072000 | PA      | $1066286.67   | 0.78%             | 2036-10-24      | Floating      | 5.56%                 | Yes           |                  2 | On Loan: No      |
| NRG Energy, Inc.                                        | NRG Energy, Inc.                                                      | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    287000 | PA      | $286559.02    | 0.21%             | 2034-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 42 Ltd.              | Neuberger Berman Loan Advisers CLO 42 Ltd., Series 2021-42A, Class AR | CUSIP: 64133WAL9<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993359.60    | 0.72%             | 2035-07-16      | Floating      | 5.21%                 | Yes           |                  2 | On Loan: No      |
| LHOME Mortgage Trust                                    | LHOME Mortgage Trust, Series 2024-RTL2, Class A1                      | CUSIP: 50205JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $328429.66    | 0.24%             | 2029-03-25      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                        | Bombardier, Inc.                                                      | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    667000 | PA      | $700037.67    | 0.51%             | 2034-05-01      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Wilsonart LLC                                           | Wilsonart LLC                                                         | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |    603000 | PA      | $545846.63    | 0.40%             | 2032-08-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                        | CVS Health Corp.                                                      | CUSIP: 126650CY4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    201000 | PA      | $181276.68    | 0.13%             | 2038-03-25      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                       | Algonquin Power & Utilities Corp.                                     | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    452000 | PA      | $424321.42    | 0.31%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Celanese Corp.                                          | Celanese Corp., Class A                                               | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |      1888 | NS      | $84034.88     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Asset Securitization Trust                       | Affirm Asset Securitization Trust, Series 2024-A, Class 1C            | CUSIP: 00834BAH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    565000 | PA      | $567774.04    | 0.41%             | 2029-02-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-GPA3, Class B               | CUSIP: 123910AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     75955 | PA      | $75271.26     | 0.05%             | 2039-12-15      | Floating      | 5.96%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H040657<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    204000 | PA      | $189812.62    | 0.14%             | 2055-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII LLC                 | Bayview Opportunity Master Fund VII LLC, Series 2024-EDU1, Class D    | CUSIP: 07336PAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     83704 | PA      | $85758.32     | 0.06%             | 2047-06-25      | Floating      | 7.10%                 | Yes           |                  2 | On Loan: No      |
| Gloves Buyer, Inc.                                      | Gloves Buyer, Inc., First Lien Term Loan                              | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    362000 | PA      | $344986.00    | 0.25%             | 2032-01-16      | Variable      | 8.46%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                          | SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E             | CUSIP: 78489CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $163202.49    | 0.12%             | 2042-03-15      | Floating      | 7.66%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                               | Stonepeak Nile Parent LLC, First Lien Term Loan                       | CUSIP: 86184XAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    176000 | PA      | $172736.96    | 0.13%             | 2032-04-09      | Variable      | 6.98%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2024-CNYN, Class D                                   | CUSIP: 05612HAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    211321 | PA      | $209240.85    | 0.15%             | 2041-04-15      | Floating      | 7.01%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                    | JPMorgan Chase & Co., Series KK                                       | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    441000 | PA      | $427256.38    | 0.31%             | 2026-06-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| CE Intermediate I LLC                                   | CE Intermediate I LLC, First Lien Term Loan                           | CUSIP: 12523EAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    139000 | PA      | $137494.63    | 0.10%             | 2032-03-25      | Variable      | 7.30%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp.                                   | Western Digital Corp.                                                 | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    329000 | PA      | $300208.02    | 0.22%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| GLP Capital LP                                          | GLP Capital LP                                                        | CUSIP: 361841AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    453000 | PA      | $420139.20    | 0.31%             | 2031-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oaktree CLO Ltd.                                        | Oaktree CLO Ltd., Series 2024-26A, Class D1                           | CUSIP: 67403CAJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499663.15    | 0.36%             | 2037-04-20      | Floating      | 7.72%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 22 Ltd.                                   | Ballyrock CLO 22 Ltd., Series 2024-22A, Class A1A                     | CUSIP: 05877GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250243.85    | 0.18%             | 2037-04-15      | Floating      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| FMG Resources August 2006 Pty. Ltd.                     | FMG Resources August 2006 Pty. Ltd.                                   | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    314000 | PA      | $284179.92    | 0.21%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Lonza Group AG                                          | Lonza Group AG, First Lien Term Loan B                                | CUSIP: L4780EAC8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    459300 | PA      | $417338.35    | 0.30%             | 2028-07-03      | Variable      | 8.32%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                        | NRG Energy, Inc.                                                      | CUSIP: 629377CT7<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    442000 | PA      | $476222.29    | 0.35%             | 2033-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BroadStreet Partners, Inc.                              | BroadStreet Partners, Inc.                                            | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    290000 | PA      | $280002.63    | 0.20%             | 2029-04-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group                                       | Jane Street Group                                                     | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $112527.61    | 0.08%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MHP                                                     | MHP, Series 2021-STOR, Class F                                        | CUSIP: 55293BAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $321153.84    | 0.23%             | 2038-07-15      | Floating      | 6.64%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO Ltd.                                  | Palmer Square CLO Ltd., Series 2022-3A, Class D1R                     | CUSIP: 69690ABC0<br>LEI: 5493000CAZ8VWJGUOH13 | Long             | ABS-CBDO         | CORP              | KY        |    640000 | PA      | $637196.80    | 0.46%             | 2037-07-20      | Floating      | 7.22%                 | Yes           |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                   | Long Ridge Energy LLC                                                 | CUSIP: 54288CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    397000 | PA      | $378026.97    | 0.28%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust                   | Mission Lane Credit Card Master Trust, Series 2023-B, Class C         | CUSIP: 60510MAV0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318000 | PA      | $319304.99    | 0.23%             | 2028-11-15      | Fixed         | 9.67%                 | Yes           |                  2 | On Loan: No      |
| Financiere Mendel SAS                                   | Financiere Mendel SAS, First Lien Term Loan B                         | CUSIP: 58650YAD8<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |     66832 | PA      | $66498.34     | 0.05%             | 2030-11-08      | Variable      | 7.06%                 | No            |                  2 | On Loan: No      |
| US Bank NA                                              | US Bank NA, Series 2023-1, Class B                                    | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    103211 | PA      | $104446.40    | 0.08%             | 2032-08-25      | Fixed         | 6.79%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | 100 oz Gold                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -16 | NC      | $-4960.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ACHV ABS TRUST                                          | ACHV ABS TRUST, Series 2023-1PL, Class D                              | CUSIP: 00091XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    286010 | PA      | $289892.54    | 0.21%             | 2030-03-18      | Fixed         | 8.47%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd.                     | Teva Pharmaceutical Industries Ltd.                                   | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |     10269 | NS      | $159272.19    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Long Ridge Energy LLC                                   | Long Ridge Energy LLC, First Lien Term Loan B                         | CUSIP: 54288BAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    224000 | PA      | $211120.00    | 0.15%             | 2032-02-19      | Variable      | 8.82%                 | No            |                  2 | On Loan: No      |
| FHF Issuer Trust                                        | FHF Issuer Trust, Series 2025-1A, Class C                             | CUSIP: 30340RAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $306333.17    | 0.22%             | 2031-08-15      | Fixed         | 5.69%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2021-1A, Class A1R                          | CUSIP: 12563EAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $400149.12    | 0.29%             | 2037-07-25      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Lernen Bidco. Ltd.                                      | Lernen Bidco. Ltd, First Lien Term Loan                               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    300000 | PA      | $298125.00    | 0.22%             | 2031-09-30      | Variable      | 8.20%                 | No            |                  2 | On Loan: No      |
| SREIT Trust                                             | SREIT Trust, Series 2021-MFP2, Class F                                | CUSIP: 85236WCQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165000 | PA      | $163525.82    | 0.12%             | 2036-11-15      | Floating      | 7.05%                 | Yes           |                  2 | On Loan: No      |
| CAMB Commercial Mortgage Trust                          | CAMB Commercial Mortgage Trust, Series 2019-LIFE, Class D             | CUSIP: 12482HAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $993855.88    | 0.72%             | 2037-12-15      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                               | Stonepeak Nile Parent LLC                                             | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    198000 | PA      | $201019.50    | 0.15%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| White Cap Buyer LLC                                     | White Cap Buyer LLC                                                   | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     62000 | PA      | $60409.68     | 0.04%             | 2028-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                  | LifePoint Health, Inc.                                                | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     27000 | PA      | $29555.44     | 0.02%             | 2030-10-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| NiSource, Inc.                                          | NiSource, Inc.                                                        | CUSIP: 65473PAT2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    425000 | PA      | $414630.85    | 0.30%             | 2055-03-31      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                         | TEXAS Commercial Mortgage Trust, Series 2025-TWR, Class D             | CUSIP: 88231WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    271000 | PA      | $268968.57    | 0.20%             | 2042-04-15      | Floating      | 7.41%                 | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                             | First Quantum Minerals Ltd.                                           | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $395751.52    | 0.29%             | 2033-03-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R03, Class 2M1       | CUSIP: 20754VAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $190524.89    | 0.14%             | 2045-03-25      | Floating      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                 | Level 3 Financing, Inc.                                               | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    406000 | PA      | $305222.68    | 0.22%             | 2029-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $83.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                               | Vistra Operations Co. LLC                                             | CUSIP: 92840VAQ5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    723000 | PA      | $776351.62    | 0.57%             | 2033-10-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Mohegan Tribal Gaming Authority                         | Mohegan Tribal Gaming Authority                                       | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $326947.22    | 0.24%             | 2030-04-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding IX CLO Ltd.                               | Cedar Funding IX CLO Ltd., Series 2018-9A, Class AR                   | CUSIP: 15033EAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499067.65    | 0.36%             | 2037-07-20      | Floating      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| ProAmpac PG Borrower LLC                                | ProAmpac PG Borrower LLC, First Lien Term Loan                        | CUSIP: 74274NAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    420000 | PA      | $412440.00    | 0.30%             | 2028-09-15      | Variable      | 8.28%                 | No            |                  2 | On Loan: No      |
| Picard Groupe SAS                                       | Picard Groupe SAS                                                     | CUSIP: N/A<br>LEI: 969500C0PA29TV19CT55       | Long             | DBT              | CORP              | FR        |    220000 | PA      | $260713.61    | 0.19%             | 2029-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. Trust                      | GS Mortgage Securities Corp. Trust, Series 2025-800D, Class A         | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330000 | PA      | $330007.39    | 0.24%             | 2041-11-25      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $9235.97      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SOLINA GROUP SERVICES SAS                               | Solina Group Services SAS, First Lien Term Loan                       | CUSIP: 80348KAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    170000 | PA      | $168725.00    | 0.12%             | 2029-03-12      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-AIR2, Class D               | CUSIP: 05613QAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    216775 | PA      | $214148.77    | 0.16%             | 2041-10-15      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co.                                             | Carvana Co.                                                           | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    558227 | PA      | $591075.52    | 0.43%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                              | Cloud Software Group, Inc.                                            | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    323000 | PA      | $325399.79    | 0.24%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                | PNC Financial Services Group, Inc. (The), Series V                    | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    314000 | PA      | $313793.11    | 0.23%             | 2027-09-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                               | Forvia SE                                                             | CUSIP: 31209DAA3<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    533000 | PA      | $530643.08    | 0.39%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                           | Calpine Corp.                                                         | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    288000 | PA      | $266244.45    | 0.19%             | 2031-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Allwyn Entertainment Financing UK plc                   | Allwyn Entertainment Financing UK plc                                 | CUSIP: N/A<br>LEI: 315700J7ZTIN8XGCX365       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $383766.80    | 0.28%             | 2030-04-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Foundation Building Materials, Inc.                     | Foundation Building Materials, Inc.                                   | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |    156000 | PA      | $131490.53    | 0.10%             | 2029-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Solventum Corp.                                         | Solventum Corp.                                                       | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    122000 | PA      | $123350.05    | 0.09%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| VetStrategy Canada Holdings, Inc.                       | VetStrategy Canada Holdings, Inc., First Lien Term Loan C             | CUSIP: C9600DAD5<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    300000 | PA      | $297249.00    | 0.22%             | 2028-12-12      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-147.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LHMC Finco 2 SARL                                       | LHMC Finco 2 Sarl                                                     | CUSIP: N/A<br>LEI: 254900VNJ7A4DAOPXL60       | Long             | DBT              | CORP              | LU        |    320567 | PA      | $364404.14    | 0.27%             | 2025-10-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                   | Bank of America Corp.                                                 | CUSIP: 06051GMQ9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    834000 | PA      | $832209.67    | 0.61%             | 2036-02-12      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| Rad CLO 10 Ltd.                                         | Rad CLO 10 Ltd., Series 2021-10A, Class A                             | CUSIP: 48662LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1049521.62   | 0.76%             | 2034-04-23      | Floating      | 5.71%                 | Yes           |                  2 | On Loan: No      |
| Intel Corp.                                             | Intel Corp.                                                           | CUSIP: 458140BK5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    492000 | PA      | $262936.50    | 0.19%             | 2060-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                         | Wynn Macau Ltd.                                                       | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    470000 | PA      | $433918.10    | 0.32%             | 2029-12-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Surgery Partners, Inc.                                  | Surgery Partners, Inc.                                                | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |      7011 | NS      | $153891.45    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FREMF 2023-K511 Mortgage Trust                          | FREMF Mortgage Trust, Series 2023-K511, Class C                       | CUSIP: 30334FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    162000 | PA      | $150138.21    | 0.11%             | 2028-11-25      | Variable      | 5.82%                 | Yes           |                  2 | On Loan: No      |
| MVW LLC                                                 | MVW LLC, Series 2025-1A, Class C                                      | CUSIP: 627924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    307000 | PA      | $310079.34    | 0.23%             | 2042-09-22      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Notes                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        11 | NC      | $-12640.40    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                            | Ameren Corp.                                                          | CUSIP: 023608AR3<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    484000 | PA      | $483279.11    | 0.35%             | 2035-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2024-VLT4, Class E                                   | CUSIP: 05612TAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $240449.34    | 0.17%             | 2029-07-15      | Floating      | 7.21%                 | Yes           |                  2 | On Loan: No      |
| Wind River CLO Ltd.                                     | Wind River CLO Ltd., Series 2021-4A, Class D                          | CUSIP: 97316UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $478770.35    | 0.35%             | 2035-01-20      | Floating      | 7.73%                 | Yes           |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                | Celanese US Holdings LLC                                              | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     72000 | PA      | $70786.34     | 0.05%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                           | MHC Commercial Mortgage Trust, Series 2021-MHC, Class F               | CUSIP: 55316VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $317140.11    | 0.23%             | 2038-04-15      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                 | Talen Energy Supply LLC, First Lien Term Loan B                       | CUSIP: 87422LAY6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249375 | PA      | $248217.90    | 0.18%             | 2031-12-11      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                | Celanese US Holdings LLC                                              | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    218000 | PA      | $218422.97    | 0.16%             | 2033-11-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                  | JPMorgan Chase Bank NA, Series 2020-CL1, Class M1                     | CUSIP: 46591HAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    953064 | PA      | $970877.35    | 0.71%             | 2057-10-25      | Floating      | 6.69%                 | Yes           |                  2 | On Loan: No      |
| Summer BC Holdco B SARL, First Lien Term Loan B         | Summer BC Holdco B SARL, First Lien Term Loan B                       | CUSIP: L8869UAC7<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    300000 | PA      | $295749.00    | 0.22%             | 2029-02-15      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| Adler Pelzer Holding GmbH                               | Adler Pelzer Holding GmbH                                             | CUSIP: N/A<br>LEI: 984500950ABB2CB7E742       | Long             | DBT              | CORP              | DE        |    220000 | PA      | $233829.47    | 0.17%             | 2027-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Molex Electronic Technologies LLC                       | Molex Electronic Technologies LLC                                     | CUSIP: 60856BAF1<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |    106000 | PA      | $107443.64    | 0.08%             | 2032-04-30      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ProGroup AG                                             | ProGroup AG                                                           | CUSIP: N/A<br>LEI: 529900YI5W5TQ8F2FP82       | Long             | DBT              | CORP              | DE        |    320000 | PA      | $351068.41    | 0.26%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                              | Occidental Petroleum Corp.                                            | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    426000 | PA      | $397613.81    | 0.29%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Spa Holdings 3 Oy                                       | Spa Holdings 3 Oy, First Lien Term Loan B                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | FI        |    300000 | PA      | $296625.00    | 0.22%             | 2028-02-04      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| Janus Henderson Cash Liquidity Fund LLC                 | Janus Henderson Cash Liquidity Fund LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  19646175 | NS      | $19650103.95  | 14.30%            |  |  |  | No            |                  2 | On Loan: No      |
| Getty Images, Inc.                                      | Getty Images, Inc., First Lien Term Loan B1                           | CUSIP: 37427UAQ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     73000 | PA      | $71905.00     | 0.05%             | 2030-02-21      | Variable      | 11.25%                | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                            | Tallgrass Energy Partners LP                                          | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    457000 | PA      | $421294.54    | 0.31%             | 2031-09-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Fortress Intermediate 3, Inc.                           | Fortress Intermediate 3, Inc., First Lien Term Loan                   | CUSIP: 34966LAB0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |    300000 | PA      | $293250.00    | 0.21%             | 2031-06-27      | Variable      | 8.07%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-MF, Class C                 | CUSIP: 05612EAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    148756 | PA      | $147836.85    | 0.11%             | 2039-02-15      | Floating      | 6.26%                 | Yes           |                  2 | On Loan: No      |
| Worldwide Plaza Trust                                   | Worldwide Plaza Trust, Series 2017-WWP, Class A                       | CUSIP: 98162JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    160000 | PA      | $109251.84    | 0.08%             | 2036-11-10      | Fixed         | 3.53%                 | Yes           |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                           | MHC Commercial Mortgage Trust, Series 2021-MHC, Class G               | CUSIP: 55316VAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    680000 | PA      | $670118.12    | 0.49%             | 2038-04-15      | Floating      | 7.64%                 | Yes           |                  2 | On Loan: No      |
| Starwood Property Trust, Inc.                           | Starwood Property Trust, Inc.                                         | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    249000 | PA      | $251236.02    | 0.18%             | 2030-10-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | S&P 500 E-mini Index                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        -4 | NC      | $-3200.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Warnermedia Holdings, Inc.                              | Warnermedia Holdings, Inc.                                            | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    227000 | PA      | $155191.33    | 0.11%             | 2052-03-15      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R03, Class 2M2       | CUSIP: 20754VAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     86000 | PA      | $86341.91     | 0.06%             | 2045-03-25      | Floating      | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Hoya Midco, LLC                                         | Hoya Midco LLC, First Lien Term Loan                                  | CUSIP: 44325HAF5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    269920 | PA      | $264521.20    | 0.19%             | 2029-02-05      | Variable      | 6.53%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                              | Garda World Security Corp.                                            | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    172000 | PA      | $168971.48    | 0.12%             | 2032-08-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Grupo Antolin-Irausa SA                                 | Grupo Antolin-Irausa SA                                               | CUSIP: N/A<br>LEI: 213800OILC5Q9AR63B63       | Long             | DBT              | CORP              | ES        |    200000 | PA      | $151699.29    | 0.11%             | 2030-01-30      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2024-R05, Class 2M2       | CUSIP: 20754XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $189175.27    | 0.14%             | 2044-07-25      | Floating      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| CF Hippolyta Issuer LLC                                 | CF Hippolyta Issuer LLC, Series 2020-1, Class B1                      | CUSIP: 12530MAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    292322 | PA      | $287642.88    | 0.21%             | 2060-07-15      | Fixed         | 2.28%                 | Yes           |                  2 | On Loan: No      |
| AMC Networks, Inc.                                      | AMC Networks, Inc.                                                    | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    169000 | PA      | $124429.63    | 0.09%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mermaid Bidco, Inc.                                     | Mermaid Bidco, Inc., First Lien Term Loan B                           | CUSIP: 59012CAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    290000 | PA      | $287100.00    | 0.21%             | 2031-07-03      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| CBRE Services, Inc.                                     | CBRE Services, Inc.                                                   | CUSIP: 12505BAK6<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    312000 | PA      | $310830.66    | 0.23%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HLF Financing Sarl LLC                                  | HLF Financing Sarl LLC                                                | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $185688.30    | 0.14%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                | Project Alpha Intermediate Holding, Inc., First Lien Term Loan        | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    300000 | PA      | $298542.00    | 0.22%             | 2030-10-28      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| PRET LLC                                                | PRET LLC, Series 2021-RN4, Class A1                                   | CUSIP: 69359QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    294707 | PA      | $294037.77    | 0.21%             | 2051-10-25      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Navient Corp.                                           | Navient Corp.                                                         | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    106000 | PA      | $100353.39    | 0.07%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1228.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                       | American Electric Power Co., Inc.                                     | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    298000 | PA      | $279931.96    | 0.20%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F052656<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6438000 | PA      | $6423057.40   | 4.67%             | 2055-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-41602.58    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Celsius Hldgs, Inc.                                     | Celsius Holdings, Inc., First Lien Term Loan                          | CUSIP: 15118XAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    158000 | PA      | $156946.14    | 0.11%             | 2032-04-01      | Variable      | 7.55%                 | No            |                  2 | On Loan: No      |
| JB Poindexter & Co., Inc.                               | JB Poindexter & Co., Inc.                                             | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    165000 | PA      | $165886.55    | 0.12%             | 2031-12-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                      | LPL Holdings, Inc.                                                    | CUSIP: 50212YAK0<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    123000 | PA      | $125142.97    | 0.09%             | 2034-05-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F040651<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1559000 | PA      | $1452235.00   | 1.06%             | 2055-05-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Inizio Group Ltd.                                       | Inizio Group Ltd., First Lien Term Loan                               | CUSIP: 12509YAE6<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    278000 | PA      | $268965.00    | 0.20%             | 2028-08-21      | Variable      | 8.65%                 | No            |                  2 | On Loan: No      |
| Civitas Resources, Inc.                                 | Civitas Resources, Inc.                                               | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    331000 | PA      | $314624.83    | 0.23%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F060659<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3207000 | PA      | $3253052.52   | 2.37%             | 2055-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                          | Morgan Stanley                                                        | CUSIP: 6174468G7<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    128000 | PA      | $127035.49    | 0.09%             | 2030-01-23      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2024-B, Class F       | CUSIP: 80280BAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $902349.36    | 0.66%             | 2033-01-18      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                 | Quikrete Holdings, Inc.                                               | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    410000 | PA      | $411533.74    | 0.30%             | 2033-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LXVI Ltd.                          | Madison Park Funding LXVI Ltd., Series 2024-66A, Class A2             | CUSIP: 55822YAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996974.70    | 0.73%             | 2037-10-21      | Floating      | 5.93%                 | Yes           |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Ltd.                      | Macquarie Airfinance Holdings Ltd.                                    | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    284000 | PA      | $291724.23    | 0.21%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Coinstar Funding LLC                                    | Coinstar Funding LLC, Series 2017-1A, Class A2                        | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    239200 | PA      | $213545.01    | 0.16%             | 2047-04-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| COOPR Residential Mortgage Trust                        | COOPR Residential Mortgage Trust, Series 2025-CES1, Class A1A         | CUSIP: 12596SAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    820000 | PA      | $824484.13    | 0.60%             | 2060-05-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Rentokil Terminix Funding LLC                           | Rentokil Terminix Funding LLC                                         | CUSIP: 760130AB0<br>LEI: 984500D5BAA7560EKJ44 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200668.63    | 0.15%             | 2035-04-28      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| PRET LLC                                                | PRET LLC, Series 2025-NPL4, Class A1                                  | CUSIP: 74136UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1080000 | PA      | $1079999.78   | 0.79%             | 2055-04-25      | Variable      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2023-R06, Class 1B2       | CUSIP: 20754EAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1053812.99   | 0.77%             | 2043-07-25      | Floating      | 10.25%                | Yes           |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust                     | Exeter Automobile Receivables Trust, Series 2024-3A, Class E          | CUSIP: 30165AAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     95000 | PA      | $96005.88     | 0.07%             | 2031-10-15      | Fixed         | 7.84%                 | Yes           |                  2 | On Loan: No      |
| Aston Martin Capital Holdings Ltd.                      | Aston Martin Capital Holdings Ltd.                                    | CUSIP: N/A<br>LEI: 213800H4GKEF3CJ8C774       | Long             | DBT              | CORP              | JE        |    320000 | PA      | $375256.90    | 0.27%             | 2029-03-31      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2021-3A, Class D                            | CUSIP: 12564DAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249407.50    | 0.18%             | 2036-07-15      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| Bertrand Franchise Finance SAS                          | Bertrand Franchise Finance SAS                                        | CUSIP: N/A<br>LEI: 969500HGPPEHSTNJFW57       | Long             | DBT              | CORP              | FR        |    320000 | PA      | $362441.37    | 0.26%             | 2030-07-18      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp.                            | Blue Owl Credit Income Corp.                                          | CUSIP: 09581CAC5<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    361000 | PA      | $353492.80    | 0.26%             | 2030-03-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                      | LPL Holdings, Inc.                                                    | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    213000 | PA      | $211842.14    | 0.15%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hasbro, Inc.                                            | Hasbro, Inc.                                                          | CUSIP: 418056BA4<br>LEI: 549300NUB6D2R1ITYR45 | Long             | DBT              | CORP              | US        |    521000 | PA      | $528821.24    | 0.38%             | 2034-05-14      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Octagon 75 Ltd.                                         | Octagon 75 Ltd., Series 2025-1A, Class D2                             | CUSIP: 67579EAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $704165.35    | 0.51%             | 2038-01-22      | Floating      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| NetApp, Inc.                                            | NetApp, Inc.                                                          | CUSIP: 64110DAN4<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | DBT              | CORP              | US        |    414000 | PA      | $415884.79    | 0.30%             | 2035-03-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Victra Holdings LLC                                     | Victra Holdings LLC                                                   | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    442000 | PA      | $448548.67    | 0.33%             | 2029-09-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                | Lumen Technologies, Inc.                                              | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    184918 | PA      | $184455.71    | 0.13%             | 2032-10-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Ziggo Bond Co. BV                                       | Ziggo Bond Co. BV                                                     | CUSIP: N/A<br>LEI: 213800JYI4P7V5QDOG59       | Long             | DBT              | CORP              | NL        |    320000 | PA      | $344571.66    | 0.25%             | 2032-11-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Nexstar Media, Inc.                                     | Nexstar Media, Inc.                                                   | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    273000 | PA      | $257074.17    | 0.19%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                          | Raven Acquisition Holdings LLC                                        | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    588000 | PA      | $573503.02    | 0.42%             | 2031-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                           | TerraForm Power Operating LLC                                         | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    334000 | PA      | $314803.65    | 0.23%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                    | JPMorgan Chase & Co.                                                  | CUSIP: 46647PEV4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    124000 | PA      | $126632.07    | 0.09%             | 2031-01-24      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2025-HQA1, Class M2                   | CUSIP: 35564NHA4<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $347152.79    | 0.25%             | 2045-02-25      | Floating      | 6.00%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Light Sweet Crude Oil                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |       -25 | NC      | $-2500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Software, Inc.                                   | Rocket Software, Inc.                                                 | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    334000 | PA      | $317690.35    | 0.23%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NA Rail Hold Co. LLC                                    | NA Rail Hold Co. LLC, First Lien Term Loan B3                         | CUSIP: 62876RAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    106000 | PA      | $105502.86    | 0.08%             | 2032-03-08      | Variable      | 7.29%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury Ultra Bond                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         2 | NC      | $8371.90      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sixth Street Lending Partners                           | Sixth Street Lending Partners                                         | CUSIP: 829932AB8<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |    218000 | PA      | $221658.11    | 0.16%             | 2029-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Uniti Group LP                                          | Uniti Group LP                                                        | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $131461.10    | 0.10%             | 2030-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Heartland Dental LLC                                    | Heartland Dental LLC, First Lien Term Loan                            | CUSIP: 42236WAW7<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |    300000 | PA      | $296325.00    | 0.22%             | 2028-04-28      | Variable      | 8.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-13.45       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Directv Financing LLC                                   | DIRECTV Financing LLC, First Lien Term Loan B                         | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    263633 | PA      | $254439.83    | 0.19%             | 2029-08-02      | Variable      | 9.79%                 | No            |                  2 | On Loan: No      |
| Zodiac Purchaser LLC                                    | Zodiac Purchaser LLC, First Lien Term Loan                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    176000 | PA      | $173580.00    | 0.13%             | 2032-02-16      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                              | Garda World Security Corp.                                            | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    298000 | PA      | $278738.14    | 0.20%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| American Express Co.                                    | American Express Co.                                                  | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    452000 | PA      | $432488.47    | 0.31%             | 2026-09-15      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F042657<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3298000 | PA      | $3153148.54   | 2.29%             | 2055-05-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                             | FIGRE Trust, Series 2024-HE6, Class C                                 | CUSIP: 31684DAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    466991 | PA      | $466579.14    | 0.34%             | 2054-12-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Star Parent, Inc.                                       | Star Parent, Inc., First Lien Term Loan                               | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |    420633 | PA      | $406176.00    | 0.30%             | 2030-09-27      | Variable      | 8.30%                 | No            |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class EK73                    | CUSIP: 05494BAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243129 | PA      | $173824.62    | 0.13%             | 2051-02-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| Life Mortgage Trust                                     | Life Mortgage Trust, Series 2022-BMR2, Class D                        | CUSIP: 53218DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165000 | PA      | $145417.49    | 0.11%             | 2039-05-15      | Floating      | 6.86%                 | Yes           |                  2 | On Loan: No      |
| GGAM Finance Ltd.                                       | GGAM Finance Ltd.                                                     | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    393000 | PA      | $412464.11    | 0.30%             | 2028-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| StoneX Group, Inc.                                      | StoneX Group, Inc.                                                    | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    377000 | PA      | $392469.09    | 0.29%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| SCIH Salt Holdings, Inc.                                | SCIH Salt Holdings, Inc., First Lien Term Loan B1                     | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    245385 | PA      | $242874.71    | 0.18%             | 2029-01-31      | Variable      | 7.28%                 | No            |                  2 | On Loan: No      |
| TYSN Mortgage Trust                                     | TYSN Mortgage Trust, Series 2023-CRNR, Class A                        | CUSIP: 87332PAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    713000 | PA      | $746104.35    | 0.54%             | 2033-12-10      | Variable      | 6.80%                 | Yes           |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB7, Class A7                 | CUSIP: 44422PAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     66082 | PA      | $65586.95     | 0.05%             | 2034-08-05      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-GPA3, Class A               | CUSIP: 123910AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    193169 | PA      | $192407.86    | 0.14%             | 2039-12-15      | Floating      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| Reach ABS Trust                                         | Reach ABS Trust, Series 2024-1A, Class C                              | CUSIP: 75526PAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    198000 | PA      | $202823.08    | 0.15%             | 2031-02-18      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Janus Henderson Emerging Markets Debt Hard Currency ETF | Janus Henderson Emerging Markets Debt Hard Currency ETF               | CUSIP: 47103U738<br>LEI: 529900QLTSH6GU0R4M68 | Long             |  | RF                | US        |     84318 | NS      | $4228606.72   | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FHF Issuer Trust                                        | FHF Issuer Trust, Series 2025-1A, Class D                             | CUSIP: 30340RAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    193000 | PA      | $192174.54    | 0.14%             | 2032-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                             | Caesars Entertainment, Inc.                                           | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    331000 | PA      | $312048.18    | 0.23%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R02, Class 1B1       | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830000 | PA      | $815515.78    | 0.59%             | 2045-02-25      | Floating      | 6.30%                 | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                      | Ally Bank Auto Credit-Linked Notes, Series 2024-B, Class F            | CUSIP: 02007G4G5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    402719 | PA      | $406812.44    | 0.30%             | 2032-09-15      | Fixed         | 8.04%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5156.89      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP Trust                                               | BXP Trust, Series 2017-GM, Class D                                    | CUSIP: 056083AL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $228115.64    | 0.17%             | 2039-06-13      | Variable      | 3.54%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-269.37      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Fibercop SpA                                            | Fibercop SpA                                                          | CUSIP: N/A<br>LEI: 8156007022402E114A31       | Long             | DBT              | CORP              | IT        |    220000 | PA      | $277334.76    | 0.20%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| LGI Homes, Inc.                                         | LGI Homes, Inc.                                                       | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    652000 | PA      | $567370.66    | 0.41%             | 2029-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                    | Alpha Generation LLC                                                  | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    423000 | PA      | $431084.38    | 0.31%             | 2032-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2024-HQA2, Class M2                   | CUSIP: 35564NEC3<br>LEI: 5299002OYNAPMJKK2A73 | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $324190.03    | 0.24%             | 2044-08-25      | Floating      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                             | McGraw-Hill Education, Inc.                                           | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    102000 | PA      | $101019.39    | 0.07%             | 2029-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| TeamSystem SpA                                          | TeamSystem SpA                                                        | CUSIP: N/A<br>LEI: 81560062081DF3AB7A90       | Long             | DBT              | CORP              | IT        |    320000 | PA      | $362654.17    | 0.26%             | 2031-07-31      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| Sotheby's Artfi Master Trust                            | Sotheby's Artfi Master Trust, Series 2024-1A, Class D                 | CUSIP: 83589CAE8<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $502779.45    | 0.37%             | 2031-12-22      | Fixed         | 7.91%                 | Yes           |                  2 | On Loan: No      |
| Pinewood Finco plc                                      | Pinewood Finco plc                                                    | CUSIP: N/A<br>LEI: 984500EF3F7CA63ND769       | Long             | DBT              | CORP              | GB        |    220000 | PA      | $292331.84    | 0.21%             | 2030-03-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Journey Personal Care Corp.                             | Journey Personal Care Corp., First Lien Term Loan B                   | CUSIP: 48114NAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    114415 | PA      | $113223.13    | 0.08%             | 2028-03-01      | Variable      | 8.05%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F032658<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5733000 | PA      | $5171521.45   | 3.76%             | 2055-05-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2.67        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co. LLC                      | Columbia Pipelines Holding Co. LLC                                    | CUSIP: 19828AAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $123379.05    | 0.09%             | 2031-10-01      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| Churchill Downs, Inc.                                   | Churchill Downs, Inc.                                                 | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      1142 | NS      | $103248.22    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| COMM Mortgage Trust                                     | COMM Mortgage Trust, Series 2019-GC44, Class 180C                     | CUSIP: 12655TBA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $444835.20    | 0.32%             | 2057-08-15      | Variable      | 3.51%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream, Inc.                                      | DT Midstream, Inc.                                                    | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    271000 | PA      | $268462.36    | 0.20%             | 2034-12-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| Ares LXV CLO Ltd.                                       | Ares LXV CLO Ltd., Series 2022-65A, Class D                           | CUSIP: 04019FAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250625.13    | 0.18%             | 2034-07-25      | Floating      | 7.93%                 | Yes           |                  2 | On Loan: No      |
| Champ Acquisition Corp.                                 | Champ Acquisition Corp.                                               | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    224000 | PA      | $235978.85    | 0.17%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Leia Finco US LLC                                       | Leia Finco US LLC, First Lien Term Loan                               | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    140000 | PA      | $138989.20    | 0.10%             | 2031-10-09      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| Unisys Corp.                                            | Unisys Corp.                                                          | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    266000 | PA      | $255972.36    | 0.19%             | 2027-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Rand Parent LLC                                         | Rand Parent LLC                                                       | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $353357.32    | 0.26%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Great Wolf Trust                                        | Great Wolf Trust, Series 2024-WOLF, Class D                           | CUSIP: 39152MAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $322711.08    | 0.23%             | 2039-03-15      | Floating      | 7.21%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust                                     | RCKT Mortgage Trust, Series 2024-CES9, Class A1B                      | CUSIP: 749426AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    343579 | PA      | $343833.28    | 0.25%             | 2044-12-25      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Tronox, Inc.                                            | Tronox, Inc.                                                          | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    338000 | PA      | $273602.47    | 0.20%             | 2029-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Galaxy Senior Participation Interest Trust 1            | Galaxy Senior Participation Interest Trust 1                          | CUSIP: 362922AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425603 | PA      | $427878.31    | 0.31%             | 2026-07-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| Amer Sports Co.                                         | Amer Sports Co.                                                       | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136544.67    | 0.10%             | 2031-02-16      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                      | Aretec Group, Inc.                                                    | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    253000 | PA      | $272418.26    | 0.20%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                                   | OneMain Finance Corp.                                                 | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    470000 | PA      | $460990.10    | 0.34%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Lifepoint Health, Inc.                                  | LifePoint Health, Inc., First Lien Term Loan                          | CUSIP: 75915TAL6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     80798 | PA      | $78727.47     | 0.06%             | 2031-05-19      | Variable      | 7.82%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                            | Rockies Express Pipeline LLC                                          | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    101000 | PA      | $102619.43    | 0.07%             | 2033-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| US Bancorp                                              | US Bancorp                                                            | CUSIP: 91159HJR2<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    123000 | PA      | $125331.43    | 0.09%             | 2035-01-23      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                      | Tricolor Auto Securitization Trust, Series 2025-1A, Class C           | CUSIP: 89617CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    802000 | PA      | $801888.53    | 0.58%             | 2029-10-15      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R01, Class 1M2       | CUSIP: 20755JAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    112000 | PA      | $111183.05    | 0.08%             | 2045-01-25      | Floating      | 5.85%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ETRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     50000 | PA      | $2403.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI Properties LP                                      | VICI Properties LP                                                    | CUSIP: 925650AK9<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    220000 | PA      | $217708.19    | 0.16%             | 2035-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Discover Financial Services                             | Discover Financial Services                                           | CUSIP: 254709AT5<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    106000 | PA      | $121590.59    | 0.09%             | 2034-11-02      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class D       | CUSIP: 94990GAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302000 | PA      | $300610.08    | 0.22%             | 2038-03-15      | Variable      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                            | Mattel, Inc.                                                          | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    321000 | PA      | $275883.71    | 0.20%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                   | FHLMC STACR Trust, Series 2022-DNA2, Class M2                         | CUSIP: 35564KRN1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |    985000 | PA      | $1020795.47   | 0.74%             | 2042-02-25      | Floating      | 8.10%                 | Yes           |                  2 | On Loan: No      |
| Heartland Dental LLC                                    | Heartland Dental LLC                                                  | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $511040.62    | 0.37%             | 2028-04-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Pinnacle Bidco plc                                      | Pinnacle Bidco plc                                                    | CUSIP: N/A<br>LEI: 2138006Z5V8OBL2A2Q06       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $384676.20    | 0.28%             | 2028-10-11      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Barentz International BV, First Lien Term Loan B3       | Barentz International BV, First Lien Term Loan B3                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    250000 | PA      | $246562.50    | 0.18%             | 2031-03-03      | Variable      | 7.65%                 | No            |                  2 | On Loan: No      |
| Foundation Finance Trust                                | Foundation Finance Trust, Series 2023-2A, Class D                     | CUSIP: 35042RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240000 | PA      | $255954.07    | 0.19%             | 2049-06-15      | Fixed         | 9.10%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 2 Year Notes                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       129 | NC      | $81657.45     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA4, Class B2                   | CUSIP: 35564KPP8<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |    158000 | PA      | $168659.77    | 0.12%             | 2041-12-25      | Floating      | 11.35%                | Yes           |                  2 | On Loan: No      |
| Duke Energy Corp.                                       | Duke Energy Corp.                                                     | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    127000 | PA      | $127266.95    | 0.09%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Vontive Mortgage Trust                                  | Vontive Mortgage Trust, Series 2025-RTL1, Class A1                    | CUSIP: 928884AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $231817.16    | 0.17%             | 2030-03-25      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class E       | CUSIP: 94990GAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189000 | PA      | $189841.73    | 0.14%             | 2038-03-15      | Variable      | 7.14%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2       | CUSIP: 20755RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     61632 | PA      | $61544.84     | 0.04%             | 2044-09-25      | Floating      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Veritiv Operating Co.                                   | Veritiv Operating Co.                                                 | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    420000 | PA      | $438710.58    | 0.32%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Fedrigoni SpA                                           | Fedrigoni SpA                                                         | CUSIP: N/A<br>LEI: 8156004CE82074779D19       | Long             | DBT              | CORP              | IT        |    320000 | PA      | $357810.34    | 0.26%             | 2030-01-15      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Cengage Learning, Inc.                                  | Cengage Learning, Inc., First Lien Term Loan                          | CUSIP: 15131YAQ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    149625 | PA      | $148826.00    | 0.11%             | 2031-03-24      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                   | Westlake Automobile Receivables Trust, Series 2021-3A, Class E        | CUSIP: 96043JAN5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $989564.49    | 0.72%             | 2027-04-15      | Fixed         | 3.42%                 | Yes           |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                | Project Alpha Intermediate Holding, Inc., Second Lien Term Loan       | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     32000 | PA      | $30600.00     | 0.02%             | 2032-11-22      | Variable      | 8.78%                 | No            |                  2 | On Loan: No      |
| SUMMER BC BIDCO B LLC                                   | Summer BC Bidco B LLC, First Lien Term Loan B1                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    121000 | PA      | $119285.43    | 0.09%             | 2029-02-15      | Variable      | 9.56%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                           | Calpine Corp.                                                         | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    273000 | PA      | $262596.13    | 0.19%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Dermatology Intermediate Holdings III, Inc.             | Dermatology Intermediate Holdings III, Inc., First Lien Term Loan     | CUSIP: 24982LAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    278976 | PA      | $257238.12    | 0.19%             | 2029-03-26      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2021-ARIA, Class E                                   | CUSIP: 05608RAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $320728.80    | 0.23%             | 2036-10-15      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F030652<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4468000 | PA      | $3873586.22   | 2.82%             | 2055-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-GPA3, Class C               | CUSIP: 123910AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    468857 | PA      | $463983.93    | 0.34%             | 2039-12-15      | Floating      | 6.21%                 | Yes           |                  2 | On Loan: No      |
| FTAI Infra Escrow Holdings LLC                          | FTAI Infra Escrow Holdings LLC                                        | CUSIP: 30327TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    393000 | PA      | $406296.37    | 0.30%             | 2027-06-01      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Organon & Co.                                           | Organon & Co.                                                         | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    646000 | PA      | $542220.81    | 0.39%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Lions Gate Capital Holdings 1, Inc.                     | Lions Gate Capital Holdings 1, Inc.                                   | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    317000 | PA      | $286092.50    | 0.21%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F050650<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1963000 | PA      | $1921623.89   | 1.40%             | 2055-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                          | Carvana Auto Receivables Trust, Series 2021-N3, Class E               | CUSIP: 14687GAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    461275 | PA      | $446764.30    | 0.33%             | 2028-06-12      | Fixed         | 3.16%                 | Yes           |                  2 | On Loan: No      |
| Humana, Inc.                                            | Humana, Inc.                                                          | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    299000 | PA      | $306196.35    | 0.22%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Penn Entertainment, Inc.                                | Penn Entertainment, Inc.                                              | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    508000 | PA      | $445575.44    | 0.32%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-161341.12   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| SIG plc                                                 | SIG plc                                                               | CUSIP: N/A<br>LEI: 213800VDC1BKJEZ8PV53       | Long             | DBT              | CORP              | GB        |    220000 | PA      | $249022.14    | 0.18%             | 2029-10-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                                  | Keurig Dr Pepper, Inc.                                                | CUSIP: 49271VBB5<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |    270000 | PA      | $269461.01    | 0.20%             | 2035-05-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA3, Class M2                   | CUSIP: 35564KJP5<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    440000 | PA      | $439450.00    | 0.32%             | 2041-09-25      | Floating      | 6.45%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 36 Ltd.                                         | KKR CLO 36 Ltd., Series 36A, Class A                                  | CUSIP: 48255AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000000.00   | 0.73%             | 2034-10-15      | Floating      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| Navient Corp.                                           | Navient Corp.                                                         | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    312000 | PA      | $300108.46    | 0.22%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HLF Financing Sarl LLC                                  | HLF Financing Sarl LLC                                                | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    103000 | PA      | $78663.45     | 0.06%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Rithm Capital Corp.                                     | Rithm Capital Corp.                                                   | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    280000 | PA      | $279543.38    | 0.20%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Garda World Security Corp.                              | Garda World Security Corp.                                            | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    131000 | PA      | $129221.52    | 0.09%             | 2032-11-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 5 Year Notes                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       293 | NC      | $336429.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| STWD Trust                                              | STWD Trust, Series 2021-FLWR, Class F                                 | CUSIP: 78485GAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262400 | PA      | $260170.01    | 0.19%             | 2036-07-15      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Janus Detroit Street Trust

**Signature:** Jesper Nergaard

**Name of Signer:** Jesper Nergaard

**Title:** VP, CFO, Treasurer, and Principal Accounting Officer