# EDGAR Filing Document

**Accession Number:** 0001163792
**File Stem:** 0000940400-26-021645
**Filing Date:** 2026-5
**Character Count:** 334943
**Document Hash:** 4a9e0528416be5b311f059617148e106
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021645.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-021645

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESTERN ASSET PREMIER BOND FUND
- **CENTRAL INDEX KEY:** 0001163792

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10603
- **FILM NUMBER:** 261031908

**BUSINESS ADDRESS:**
- **STREET 1:** 620 EIGHTH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 8887770102

**MAIL ADDRESS:**
- **STREET 1:** 620 EIGHTH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTERN ASSET CORE PLUS BOND TRUST I
- **DATE OF NAME CHANGE:** 20011218

## Nport-Ex

Schedule of Investments (unaudited)

March 31, 2026

***If you need assistance accessing this content, please reach out to your sales representative or send an email to*** <u>accessibility@franklintempleton.com.</u>

 **Western Asset Premier Bond Fund**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity <br>Date<br>| Face <br>Amount†<br>| Value |
| **Corporate Bonds & Notes — 123.9%** | **Corporate Bonds & Notes — 123.9%** | **Corporate Bonds & Notes — 123.9%** | **Corporate Bonds & Notes — 123.9%** | **Corporate Bonds & Notes — 123.9%** |
| **Communication Services — 15.9%** | **Communication Services — 15.9%** | **Communication Services — 15.9%** | **Communication Services — 15.9%** | **Communication Services — 15.9%** |
| *Diversified Telecommunication Services — 4.9%* | *Diversified Telecommunication Services — 4.9%* | *Diversified Telecommunication Services — 4.9%* | *Diversified Telecommunication Services — 4.9%* | *Diversified Telecommunication Services — 4.9%* |
| &nbsp;&nbsp;&nbsp; Altice Financing SA, Senior Secured Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; $485265<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France Lux 3/Altice Holdings 1, Senior Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 164000<br>| &nbsp;&nbsp;&nbsp; 149238<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; 821481<br>| &nbsp;&nbsp;&nbsp; 830691<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altice France SA, Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 7/15/32 | &nbsp;&nbsp; 236281<br>| &nbsp;&nbsp;&nbsp; 224097<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; British Telecommunications PLC, Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 12/4/28 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 507716<br>|
| &nbsp;&nbsp;&nbsp; British Telecommunications PLC, Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 11/8/29 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 480262<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Level 3 Financing Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 1/15/36 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 417745<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Orange SA, Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 709388<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 2/8/29 | &nbsp;&nbsp; 1670000<br>| &nbsp;&nbsp;&nbsp; 1654357<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc., Senior Notes | &nbsp;&nbsp; 2.355% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 436607<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Verizon Communications Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 4/2/35 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 70111<br>|
| &nbsp;&nbsp;&nbsp; WULF Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 528657<br> <sup>(a)</sup><br>|
| *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | &nbsp;&nbsp; *6494134* |
| *Entertainment — 2.3%* | *Entertainment — 2.3%* | *Entertainment — 2.3%* | *Entertainment — 2.3%* | *Entertainment — 2.3%* |
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings Inc., Senior Notes | &nbsp;&nbsp; 5.050% | &nbsp;&nbsp; 3/15/42 | &nbsp;&nbsp; 970000<br>| &nbsp;&nbsp;&nbsp; 641467<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/4/31 | &nbsp;&nbsp; 980000<br>| &nbsp;&nbsp;&nbsp; 971670<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Netflix Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 5/15/29 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 328594<br>|
| &nbsp;&nbsp;&nbsp; Walt Disney Co., Senior Notes | &nbsp;&nbsp; 2.650% | &nbsp;&nbsp; 1/13/31 | &nbsp;&nbsp; 1280000<br>| &nbsp;&nbsp;&nbsp; 1188264<br> <sup>(b)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *3129995* |
| *Media — 6.4%* | *Media — 6.4%* | *Media — 6.4%* | *Media — 6.4%* | *Media — 6.4%* |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 338892<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC/Charter Communications Operating <br> Capital Corp., Senior Secured Notes | &nbsp;&nbsp; 6.550% | &nbsp;&nbsp; 6/1/34 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 322012<br>|
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC/Charter Communications Operating <br> Capital Corp., Senior Secured Notes | &nbsp;&nbsp; 6.484% | &nbsp;&nbsp; 10/23/45 | &nbsp;&nbsp; 880000<br>| &nbsp;&nbsp;&nbsp; 812105<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Comcast Corp., Senior Notes | &nbsp;&nbsp; 7.050% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1123482<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Comcast Corp., Senior Notes | &nbsp;&nbsp; 4.200% | &nbsp;&nbsp; 8/15/34 | &nbsp;&nbsp; 920000<br>| &nbsp;&nbsp;&nbsp; 866411<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; DirecTV Financing LLC, Senior Secured Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 299708<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes | &nbsp;&nbsp; 10.750% | &nbsp;&nbsp; 11/30/29 | &nbsp;&nbsp; 1231800<br>| &nbsp;&nbsp;&nbsp; 1331410<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fox Corp., Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 4/8/30 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 480604<br>|
| &nbsp;&nbsp;&nbsp; Getty Images Inc., Senior Secured Notes | &nbsp;&nbsp; 11.250% | &nbsp;&nbsp; 2/21/30 | &nbsp;&nbsp; 60000<br>| &nbsp;&nbsp;&nbsp; 54093<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Getty Images Inc., Senior Secured Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 287289<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Grupo Televisa SAB, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/13/45 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 342050<br>|
| &nbsp;&nbsp;&nbsp; Nexstar Media Inc., Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/15/33 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1008224<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Time Warner Cable LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 11/15/40 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; 653093<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Versant Media Group Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 1/30/31 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 307266<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VZ Secured Financing BV, Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 264180<br> <sup>(a)</sup><br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *8490819* |
| *Wireless Telecommunication Services — 2.3%* | *Wireless Telecommunication Services — 2.3%* | *Wireless Telecommunication Services — 2.3%* | *Wireless Telecommunication Services — 2.3%* | *Wireless Telecommunication Services — 2.3%* |
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 11.750% | &nbsp;&nbsp; 1/31/29 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 398073<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 3.375% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 117712<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CSC Holdings LLC, Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 11/15/31 | &nbsp;&nbsp; 740000<br>| &nbsp;&nbsp;&nbsp; 439855<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sprint Capital Corp., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 420000<br>| &nbsp;&nbsp;&nbsp; 444156<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sprint Capital Corp., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 30000<br>| &nbsp;&nbsp;&nbsp; 35687<br> <sup>(b)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* | *Wireless Telecommunication Services — continued* |
| &nbsp;&nbsp;&nbsp; T-Mobile USA Inc., Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 1140000<br>| &nbsp;&nbsp;&nbsp; $1078562<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; T-Mobile USA Inc., Senior Notes | &nbsp;&nbsp; 5.300% | &nbsp;&nbsp; 5/15/35 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 70609<br>|
| &nbsp;&nbsp;&nbsp; Vmed O2 UK Financing I PLC, Senior Secured Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 500000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 557874<br> <sup>(a)</sup><br>|
| *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | *Total Wireless Telecommunication Services* | &nbsp;&nbsp; *3142528* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **21257476** |
| **Consumer Discretionary — 15.6%** | **Consumer Discretionary — 15.6%** | **Consumer Discretionary — 15.6%** | **Consumer Discretionary — 15.6%** | **Consumer Discretionary — 15.6%** |
| *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing Inc., Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 457833<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cyprium Corp./Cyprium Holdings Luxembourg SARL, Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 175165<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; JB Poindexter & Co. Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 12/15/31 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 355187<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/23/32 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 275800<br> <sup>(a)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *1263985* |
| *Automobiles — 3.3%* | *Automobiles — 3.3%* | *Automobiles — 3.3%* | *Automobiles — 3.3%* | *Automobiles — 3.3%* |
| &nbsp;&nbsp;&nbsp; Ford Motor Co., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 2/12/32 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 477904<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; General Motors Co., Senior Notes | &nbsp;&nbsp; 4.200% | &nbsp;&nbsp; 10/1/27 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 746246<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; General Motors Co., Senior Notes | &nbsp;&nbsp; 6.600% | &nbsp;&nbsp; 4/1/36 | &nbsp;&nbsp; 140000<br>| &nbsp;&nbsp;&nbsp; 149002<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Finance North America LLC, Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 1/18/31 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1158555<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; PM General Purchaser LLC, Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 10/1/28 | &nbsp;&nbsp; 2020000<br>| &nbsp;&nbsp;&nbsp; 1915687<br> <sup>(a)(b)</sup><br>|
| *Total Automobiles* | *Total Automobiles* | *Total Automobiles* | *Total Automobiles* | &nbsp;&nbsp; *4447394* |
| *Broadline Retail — 2.3%* | *Broadline Retail — 2.3%* | *Broadline Retail — 2.3%* | *Broadline Retail — 2.3%* | *Broadline Retail — 2.3%* |
| &nbsp;&nbsp;&nbsp; Amazon.com Inc., Senior Notes | &nbsp;&nbsp; 2.100% | &nbsp;&nbsp; 5/12/31 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 313783<br>|
| &nbsp;&nbsp;&nbsp; Marks & Spencer PLC, Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 12/1/37 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 1142638<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; MercadoLibre Inc., Senior Notes | &nbsp;&nbsp; 3.125% | &nbsp;&nbsp; 1/14/31 | &nbsp;&nbsp; 1400000<br>| &nbsp;&nbsp;&nbsp; 1278031<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Prosus NV, Senior Notes | &nbsp;&nbsp; 4.193% | &nbsp;&nbsp; 1/19/32 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 282567<br> <sup>(c)</sup><br>|
| *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *3017019* |
| *Hotels, Restaurants & Leisure — 5.8%* | *Hotels, Restaurants & Leisure — 5.8%* | *Hotels, Restaurants & Leisure — 5.8%* | *Hotels, Restaurants & Leisure — 5.8%* | *Hotels, Restaurants & Leisure — 5.8%* |
| &nbsp;&nbsp;&nbsp; Carnival Corp., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 697266<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carnival PLC, Senior Notes | &nbsp;&nbsp; 1.000% | &nbsp;&nbsp; 10/28/29 | &nbsp;&nbsp; 1210000 <br><sup>EUR</sup><br>| &nbsp;&nbsp;&nbsp; 1271084<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Full House Resorts Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 903375<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 6/15/28 | &nbsp;&nbsp; 60000<br>| &nbsp;&nbsp;&nbsp; 60793<br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 3.900% | &nbsp;&nbsp; 8/8/29 | &nbsp;&nbsp; 1310000<br>| &nbsp;&nbsp;&nbsp; 1263039<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 6/14/30 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 710040<br>|
| &nbsp;&nbsp;&nbsp; Marston's Issuer PLC, Secured Notes (SONIA + 2.669%) | &nbsp;&nbsp; 6.413% | &nbsp;&nbsp; 7/16/35 | &nbsp;&nbsp; 540000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 666141<br> <sup>(c)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/24/33 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 470734<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 130000<br>| &nbsp;&nbsp;&nbsp; 135424<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Finance Ltd., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 3/15/28 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 353180<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sands China Ltd., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 8/8/31 | &nbsp;&nbsp; 1340000<br>| &nbsp;&nbsp;&nbsp; 1213742<br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *7744818* |
| *Household Durables — 0.3%* | *Household Durables — 0.3%* | *Household Durables — 0.3%* | *Household Durables — 0.3%* | *Household Durables — 0.3%* |
| &nbsp;&nbsp;&nbsp; Lennar Corp., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 6/15/27 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; *431044*<br>|
| *Specialty Retail — 2.9%* | *Specialty Retail — 2.9%* | *Specialty Retail — 2.9%* | *Specialty Retail — 2.9%* | *Specialty Retail — 2.9%* |
| &nbsp;&nbsp;&nbsp; Gee Automotive Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 481806<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 11.500% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 740000<br>| &nbsp;&nbsp;&nbsp; 736868<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Global Auto Holdings Ltd./AAG FH UK Ltd., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 171427<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 1850000<br>| &nbsp;&nbsp;&nbsp; 1724815<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Michaels Cos. Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 292365<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Specialty Retail — continued* | *Specialty Retail — continued* | *Specialty Retail — continued* | *Specialty Retail — continued* | *Specialty Retail — continued* |
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co. Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/1/31 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; $489664<br> <sup>(a)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *3896945* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **20801205** |
| **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** | **Consumer Staples — 5.7%** |
| *Beverages — 1.1%* | *Beverages — 1.1%* | *Beverages — 1.1%* | *Beverages — 1.1%* | *Beverages — 1.1%* |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide Inc., Senior Notes | &nbsp;&nbsp; 4.700% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 1540000<br>| &nbsp;&nbsp;&nbsp; *1500541*<br>|
| *Food Products — 2.0%* | *Food Products — 2.0%* | *Food Products — 2.0%* | *Food Products — 2.0%* | *Food Products — 2.0%* |
| &nbsp;&nbsp;&nbsp; JBS NV/JBS USA Foods Group Holdings Inc./JBS USA Food Co. Holdings, Senior <br> Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 12/1/31 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 467962<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; JBS NV/JBS USA Foods Group Holdings Inc./JBS USA Food Co. Holdings, Senior <br> Notes | &nbsp;&nbsp; 5.950% | &nbsp;&nbsp; 4/20/35 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 779298<br>|
| &nbsp;&nbsp;&nbsp; JBS NV/JBS USA Foods Group Holdings Inc./JBS USA Food Co. Holdings, Senior <br> Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/25/55 | &nbsp;&nbsp; 620000<br>| &nbsp;&nbsp;&nbsp; 618245<br>|
| &nbsp;&nbsp;&nbsp; Kraft Heinz Foods Co., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 6/1/50 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 304165<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; TKC Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 464161<br> <sup>(a)</sup><br>|
| *Total Food Products* | *Total Food Products* | *Total Food Products* | *Total Food Products* | &nbsp;&nbsp; *2633831* |
| *Tobacco — 2.6%* | *Tobacco — 2.6%* | *Tobacco — 2.6%* | *Tobacco — 2.6%* | *Tobacco — 2.6%* |
| &nbsp;&nbsp;&nbsp; Altria Group Inc., Senior Notes | &nbsp;&nbsp; 2.450% | &nbsp;&nbsp; 2/4/32 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 877799<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Altria Group Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 2/6/35 | &nbsp;&nbsp; 260000<br>| &nbsp;&nbsp;&nbsp; 266414<br>|
| &nbsp;&nbsp;&nbsp; Altria Group Inc., Senior Notes | &nbsp;&nbsp; 3.400% | &nbsp;&nbsp; 2/4/41 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 755605<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; BAT Capital Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 8/15/35 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 329224<br>|
| &nbsp;&nbsp;&nbsp; BAT Capital Corp., Senior Notes | &nbsp;&nbsp; 7.079% | &nbsp;&nbsp; 8/2/43 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 605013<br>|
| &nbsp;&nbsp;&nbsp; Reynolds American Inc., Senior Notes | &nbsp;&nbsp; 5.850% | &nbsp;&nbsp; 8/15/45 | &nbsp;&nbsp; 610000<br>| &nbsp;&nbsp;&nbsp; 591142<br> <sup>(b)</sup><br>|
| *Total Tobacco* | *Total Tobacco* | *Total Tobacco* | *Total Tobacco* | &nbsp;&nbsp; *3425197* |
| **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **7559569** |
| **Energy — 22.9%** | **Energy — 22.9%** | **Energy — 22.9%** | **Energy — 22.9%** | **Energy — 22.9%** |
| *Energy Equipment & Services — 1.4%* | *Energy Equipment & Services — 1.4%* | *Energy Equipment & Services — 1.4%* | *Energy Equipment & Services — 1.4%* | *Energy Equipment & Services — 1.4%* |
| &nbsp;&nbsp;&nbsp; Halliburton Co., Senior Notes | &nbsp;&nbsp; 4.850% | &nbsp;&nbsp; 11/15/35 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 729755<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nabors Industries Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 8/15/31 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 489934<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Noble Finance II LLC, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 288431<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WBI Operating LLC, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 307847<br> <sup>(a)</sup><br>|
| *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | &nbsp;&nbsp; *1815967* |
| *Oil, Gas & Consumable Fuels — 21.5%* | *Oil, Gas & Consumable Fuels — 21.5%* | *Oil, Gas & Consumable Fuels — 21.5%* | *Oil, Gas & Consumable Fuels — 21.5%* | *Oil, Gas & Consumable Fuels — 21.5%* |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero Midstream Finance Corp., Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 484902<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cheniere Energy Partners LP, Senior Notes | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 480250<br>|
| &nbsp;&nbsp;&nbsp; Continental Resources Inc., Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 208649<br>|
| &nbsp;&nbsp;&nbsp; Continental Resources Inc., Senior Notes | &nbsp;&nbsp; 4.900% | &nbsp;&nbsp; 6/1/44 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 197476<br>|
| &nbsp;&nbsp;&nbsp; Crescent Energy Finance LLC, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 410203<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Crescent Energy Finance LLC, Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 130000<br>| &nbsp;&nbsp;&nbsp; 136015<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Devon Energy Corp., Senior Notes | &nbsp;&nbsp; 5.600% | &nbsp;&nbsp; 7/15/41 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 581034<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Diamondback Energy Inc., Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 12/1/29 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 386077<br>|
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 5/28/45 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 206374<br>|
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 11/2/51 | &nbsp;&nbsp; 1060000<br>| &nbsp;&nbsp;&nbsp; 747343<br>|
| &nbsp;&nbsp;&nbsp; Energy Transfer LP, Junior Subordinated Notes (6.625% to 2/15/28 then 3 mo. <br> Term SOFR + 4.417%) | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 550491<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Granite Ridge Resources Inc., Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 11/5/29 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1154250<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* |
| &nbsp;&nbsp;&nbsp; Hess Midstream Operations LP, Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 2/15/30 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; $692228<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 291310<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; KazMunayGas National Co. JSC, Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 4/14/33 | &nbsp;&nbsp; 1120000<br>| &nbsp;&nbsp;&nbsp; 1006341<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc., Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 217938<br>|
| &nbsp;&nbsp;&nbsp; Kinder Morgan Inc., Senior Notes | &nbsp;&nbsp; 5.550% | &nbsp;&nbsp; 6/1/45 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1431958<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Generation Gas Gathering LLC, Senior Secured Notes (3 mo. Term SOFR + <br> 5.750%) | &nbsp;&nbsp; 9.410% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 302703<br>| &nbsp;&nbsp;&nbsp; 314816<br> <sup>(a)(d)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; NGPL PipeCo LLC, Senior Notes | &nbsp;&nbsp; 7.768% | &nbsp;&nbsp; 12/15/37 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 567754<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 196709<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 60000<br>| &nbsp;&nbsp;&nbsp; 68291<br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 6.200% | &nbsp;&nbsp; 3/15/40 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 255515<br>|
| &nbsp;&nbsp;&nbsp; ONEOK Inc., Senior Notes | &nbsp;&nbsp; 5.550% | &nbsp;&nbsp; 11/1/26 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 502977<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 1680000<br>| &nbsp;&nbsp;&nbsp; 1712468<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petrobras Global Finance BV, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/27/41 | &nbsp;&nbsp; 920000<br>| &nbsp;&nbsp;&nbsp; 896500<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos del Peru SA, Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 6/19/32 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 531756<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 6/27/44 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 266904<br>|
| &nbsp;&nbsp;&nbsp; QazaqGaz National Co. JSC, Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 9/26/27 | &nbsp;&nbsp; 650000<br>| &nbsp;&nbsp;&nbsp; 645528<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rockies Express Pipeline LLC, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 7/15/38 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 292424<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sabine Pass Liquefaction LLC, Senior Secured Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 3/15/27 | &nbsp;&nbsp; 1850000<br>| &nbsp;&nbsp;&nbsp; 1853696<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Southern Natural Gas Co. LLC, Senior Notes | &nbsp;&nbsp; 4.800% | &nbsp;&nbsp; 3/15/47 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 688895<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Junior Subordinated Notes (7.875% to 9/18/30 then 5 year Treasury <br> Constant Maturity Rate + 4.230%) | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 9/18/30 | &nbsp;&nbsp; 512000<br>| &nbsp;&nbsp;&nbsp; 523154<br> <sup>(a)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Targa Resources Corp., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 3/30/34 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 75696<br>|
| &nbsp;&nbsp;&nbsp; Tengizchevroil Finance Co. International Ltd., Senior Secured Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 323626<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tengizchevroil Finance Co. International Ltd., Senior Secured Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 647252<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Transportadora de Gas del Peru SA, Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 4/30/28 | &nbsp;&nbsp; 450000<br>| &nbsp;&nbsp;&nbsp; 447656<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC, Senior Secured Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/1/33 | &nbsp;&nbsp; 1120000<br>| &nbsp;&nbsp;&nbsp; 993049<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Junior Subordinated Notes (9.000% to 9/30/29 then 5 <br> year Treasury Constant Maturity Rate + 5.440%) | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 1480000<br>| &nbsp;&nbsp;&nbsp; 1475310<br> <sup>(a)(b)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global LNG Inc., Senior Secured Notes | &nbsp;&nbsp; 9.875% | &nbsp;&nbsp; 2/1/32 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 408302<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 6/15/34 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 416633<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 5/1/35 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 381277<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/15/36 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 233156<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viper Energy Partners LLC, Senior Notes | &nbsp;&nbsp; 5.700% | &nbsp;&nbsp; 8/1/35 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 796640<br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 4.050% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1068536<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 6.150% | &nbsp;&nbsp; 4/1/33 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 73097<br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 5.300% | &nbsp;&nbsp; 3/1/48 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 414558<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Western Midstream Operating LP, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 2/1/50 | &nbsp;&nbsp; 1680000<br>| &nbsp;&nbsp;&nbsp; 1418241<br> <sup>(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Williams Cos. Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 443000<br>| &nbsp;&nbsp;&nbsp; 495363<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Williams Cos. Inc., Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 39000<br>| &nbsp;&nbsp;&nbsp; 46337<br>|
| &nbsp;&nbsp;&nbsp; Williams Cos. Inc., Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 6/24/44 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 486466<br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *28701421* |
| **Total Energy** | **Total Energy** | **Total Energy** | **Total Energy** | &nbsp;&nbsp; **30517388** |
| **Financials — 25.1%** | **Financials — 25.1%** | **Financials — 25.1%** | **Financials — 25.1%** | **Financials — 25.1%** |
| *Banks — 10.6%* | *Banks — 10.6%* | *Banks — 10.6%* | *Banks — 10.6%* | *Banks — 10.6%* |
| &nbsp;&nbsp;&nbsp; Banco de Chile, Senior Notes | &nbsp;&nbsp; 2.990% | &nbsp;&nbsp; 12/9/31 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 362969<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Banks — continued* | *Banks — continued* | *Banks — continued* | *Banks — continued* | *Banks — continued* |
| &nbsp;&nbsp;&nbsp; Banco de Credito e Inversiones SA, Senior Notes | &nbsp;&nbsp; 2.875% | &nbsp;&nbsp; 10/14/31 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; $363165<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp., Subordinated Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 10/22/26 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1499445<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of America Corp., Subordinated Notes (5.518% to 10/25/34 then SOFR + <br> 1.738%) | &nbsp;&nbsp; 5.518% | &nbsp;&nbsp; 10/25/35 | &nbsp;&nbsp; 710000<br>| &nbsp;&nbsp;&nbsp; 710233<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia, Senior Notes | &nbsp;&nbsp; 2.450% | &nbsp;&nbsp; 2/2/32 | &nbsp;&nbsp; 600000<br>| &nbsp;&nbsp;&nbsp; 530437<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Barclays PLC, Subordinated Notes | &nbsp;&nbsp; 5.200% | &nbsp;&nbsp; 5/12/26 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1000666<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Junior Subordinated Notes (6.625% to 2/15/31 then 5 year <br> Treasury Constant Maturity Rate + 3.001%) | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 240000<br>| &nbsp;&nbsp;&nbsp; 240343<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Junior Subordinated Notes (6.875% to 8/15/30 then 5 year <br> Treasury Constant Maturity Rate + 2.890%) | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 180000<br>| &nbsp;&nbsp;&nbsp; 181387<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Subordinated Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 7/25/28 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 793417<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Inc., Subordinated Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 6/15/32 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1087257<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC, Junior Subordinated Notes (6.000% to 5/22/27 then USD 5 <br> year ICE Swap Rate + 3.746%) | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 5/22/27 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 398423<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC, Senior Notes (3.973% to 5/22/29 then 3 mo. Term SOFR + <br> 1.872%) | &nbsp;&nbsp; 3.973% | &nbsp;&nbsp; 5/22/30 | &nbsp;&nbsp; 1130000<br>| &nbsp;&nbsp;&nbsp; 1106630<br> <sup>(b)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC, Senior Notes (5.790% to 5/13/35 then SOFR + 1.880%) | &nbsp;&nbsp; 5.790% | &nbsp;&nbsp; 5/13/36 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 411321<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC, Subordinated Notes (8.113% to 11/3/32 then SOFR + <br> 4.250%) | &nbsp;&nbsp; 8.113% | &nbsp;&nbsp; 11/3/33 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 802291<br> <sup>(b)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., Junior Subordinated Notes (6.500% to 4/1/30 then 5 <br> year Treasury Constant Maturity Rate + 2.152%) | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 4/1/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1026715<br> <sup>(b)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., Subordinated Notes | &nbsp;&nbsp; 4.950% | &nbsp;&nbsp; 6/1/45 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 455004<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc., Senior Notes | &nbsp;&nbsp; 2.550% | &nbsp;&nbsp; 1/22/30 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 700110<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings PLC, Senior Notes (5.136% to 9/22/35 then SOFR <br> + 1.578%) | &nbsp;&nbsp; 5.136% | &nbsp;&nbsp; 9/22/36 | &nbsp;&nbsp; 450000<br>| &nbsp;&nbsp;&nbsp; 434711<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Santander UK Group Holdings PLC, Subordinated Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 9/15/45 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 913545<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Truist Financial Corp., Senior Notes (5.711% to 1/24/34 then SOFR + 1.922%) | &nbsp;&nbsp; 5.711% | &nbsp;&nbsp; 1/24/35 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 722307<br> <sup>(b)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co., Junior Subordinated Notes (6.125% to 6/15/31 then 5 year <br> Treasury Constant Maturity Rate + 2.340%) | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp; 381531<br> <sup>(d)(e)</sup><br>|
| *Total Banks* | *Total Banks* | *Total Banks* | *Total Banks* | &nbsp;&nbsp; *14121907* |
| *Capital Markets — 5.8%* | *Capital Markets — 5.8%* | *Capital Markets — 5.8%* | *Capital Markets — 5.8%* | *Capital Markets — 5.8%* |
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp., Junior Subordinated Notes (4.000% to 12/1/30 then 10 <br> year Treasury Constant Maturity Rate + 3.079%) | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 12/1/30 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1851454<br> <sup>(b)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Credit Suisse AG AT1 Claim | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2560000<br>| &nbsp;&nbsp;&nbsp; 0<br> \*<sup>(f)(g)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc., Senior Notes (2.640% to 2/24/27 then SOFR + <br> 1.114%) | &nbsp;&nbsp; 2.640% | &nbsp;&nbsp; 2/24/28 | &nbsp;&nbsp; 2400000<br>| &nbsp;&nbsp;&nbsp; 2361648<br> <sup>(d)(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc., Senior Notes (5.536% to 1/28/35 then SOFR + <br> 1.380%) | &nbsp;&nbsp; 5.536% | &nbsp;&nbsp; 1/28/36 | &nbsp;&nbsp; 260000<br>| &nbsp;&nbsp;&nbsp; 264399<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc., Senior Notes (5.851% to 4/25/34 then SOFR + <br> 1.552%) | &nbsp;&nbsp; 5.851% | &nbsp;&nbsp; 4/25/35 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 72661<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; KKR Group Finance Co. VI LLC, Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 7/1/29 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 484035<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley, Senior Notes (2.699% to 1/22/30 then SOFR + 1.143%) | &nbsp;&nbsp; 2.699% | &nbsp;&nbsp; 1/22/31 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 464387<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS AG, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 423258<br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (7.000% to 8/10/30 then USD 5 year <br> SOFR ICE Swap Rate + 3.077%) | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/10/30 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 336999<br> <sup>(a)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (7.125% to 2/10/35 then USD 5 year <br> SOFR ICE Swap Rate + 3.179%) | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 8/10/34 | &nbsp;&nbsp; 620000<br>| &nbsp;&nbsp;&nbsp; 609848<br> <sup>(a)(d)(e)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* | *Capital Markets — continued* |
| &nbsp;&nbsp;&nbsp; UBS Group AG, Senior Notes (6.537% to 8/12/32 then SOFR + 3.920%) | &nbsp;&nbsp; 6.537% | &nbsp;&nbsp; 8/12/33 | &nbsp;&nbsp; 770000<br>| &nbsp;&nbsp;&nbsp; $829434<br> <sup>(a)(d)</sup><br>|
| *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *7698123* |
| *Consumer Finance — 0.5%* | *Consumer Finance — 0.5%* | *Consumer Finance — 0.5%* | *Consumer Finance — 0.5%* | *Consumer Finance — 0.5%* |
| &nbsp;&nbsp;&nbsp; Midcap Financial Issuer Trust, Junior Subordinated Notes (3 mo. Term SOFR + <br> 3.750%) | &nbsp;&nbsp; 7.422% | &nbsp;&nbsp; 1/15/56 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *638873*<br> <sup>(a)(d)</sup><br>|
| *Financial Services — 4.5%* | *Financial Services — 4.5%* | *Financial Services — 4.5%* | *Financial Services — 4.5%* | *Financial Services — 4.5%* |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Senior Notes | &nbsp;&nbsp; 3.400% | &nbsp;&nbsp; 10/29/33 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2213186<br> <sup>(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 11/15/35 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; 695968<br>|
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 1010000<br>| &nbsp;&nbsp;&nbsp; 994359<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capstone Borrower Inc., Senior Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 6/15/30 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 200848<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 4/30/31 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp; 678854<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rocket Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 1010000<br>| &nbsp;&nbsp;&nbsp; 1019945<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance PLC/Vista Management Holding Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 276708<br> <sup>(a)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *6079868* |
| *Insurance — 2.4%* | *Insurance — 2.4%* | *Insurance — 2.4%* | *Insurance — 2.4%* | *Insurance — 2.4%* |
| &nbsp;&nbsp;&nbsp; Asurion LLC/Asurion Co-Issuer Inc., Senior Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 12/31/32 | &nbsp;&nbsp; 870000<br>| &nbsp;&nbsp;&nbsp; 903311<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos. Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 3/15/35 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 996273<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; MetLife Inc., Junior Subordinated Notes | &nbsp;&nbsp; 10.750% | &nbsp;&nbsp; 8/1/39 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 648264<br>|
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 8/1/32 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 672635<br> <sup>(a)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *3220483* |
| *Mortgage Real Estate Investment Trusts (REITs) — 1.3%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.3%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.3%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.3%* | *Mortgage Real Estate Investment Trusts (REITs) — 1.3%* |
| &nbsp;&nbsp;&nbsp; Arbor Realty SR Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 12/15/28 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 668561<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., Senior <br> Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 330831<br>|
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., Senior <br> Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 670000<br>| &nbsp;&nbsp;&nbsp; 693049<br> <sup>(a)</sup><br>|
| *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | *Total Mortgage Real Estate Investment Trusts (REITs)* | &nbsp;&nbsp; *1692441* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **33451695** |
| **Health Care — 12.3%** | **Health Care — 12.3%** | **Health Care — 12.3%** | **Health Care — 12.3%** | **Health Care — 12.3%** |
| *Biotechnology — 1.2%* | *Biotechnology — 1.2%* | *Biotechnology — 1.2%* | *Biotechnology — 1.2%* | *Biotechnology — 1.2%* |
| &nbsp;&nbsp;&nbsp; AbbVie Inc., Senior Notes | &nbsp;&nbsp; 5.050% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 507638<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Amgen Inc., Senior Notes | &nbsp;&nbsp; 5.150% | &nbsp;&nbsp; 3/2/28 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 710568<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Amgen Inc., Senior Notes | &nbsp;&nbsp; 2.450% | &nbsp;&nbsp; 2/21/30 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 371560<br>|
| *Total Biotechnology* | *Total Biotechnology* | *Total Biotechnology* | *Total Biotechnology* | &nbsp;&nbsp; *1589766* |
| *Health Care Equipment & Supplies — 0.7%* | *Health Care Equipment & Supplies — 0.7%* | *Health Care Equipment & Supplies — 0.7%* | *Health Care Equipment & Supplies — 0.7%* | *Health Care Equipment & Supplies — 0.7%* |
| &nbsp;&nbsp;&nbsp; Solventum Corp., Senior Notes | &nbsp;&nbsp; 5.600% | &nbsp;&nbsp; 3/23/34 | &nbsp;&nbsp; 850000<br>| &nbsp;&nbsp;&nbsp; *869235*<br>|
| *Health Care Providers & Services — 6.6%* | *Health Care Providers & Services — 6.6%* | *Health Care Providers & Services — 6.6%* | *Health Care Providers & Services — 6.6%* | *Health Care Providers & Services — 6.6%* |
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 810000<br>| &nbsp;&nbsp;&nbsp; 779761<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 4/1/30 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 182821<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 10.875% | &nbsp;&nbsp; 1/15/32 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 429644<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Senior Secured Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 1/15/34 | &nbsp;&nbsp; 530000<br>| &nbsp;&nbsp;&nbsp; 550733<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cigna Group, Senior Notes | &nbsp;&nbsp; 2.400% | &nbsp;&nbsp; 3/15/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 924085<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; CVS Health Corp., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 479230<br>|
| &nbsp;&nbsp;&nbsp; CVS Health Corp., Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 4/1/30 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 676590<br>|
| &nbsp;&nbsp;&nbsp; CVS Health Corp., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 2/21/33 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 404747<br>|
| &nbsp;&nbsp;&nbsp; CVS Health Corp., Senior Notes | &nbsp;&nbsp; 5.700% | &nbsp;&nbsp; 6/1/34 | &nbsp;&nbsp; 70000<br>| &nbsp;&nbsp;&nbsp; 71961<br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Health Care Providers & Services — continued* | *Health Care Providers & Services — continued* | *Health Care Providers & Services — continued* | *Health Care Providers & Services — continued* | *Health Care Providers & Services — continued* |
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust | &nbsp;&nbsp; 7.507% | &nbsp;&nbsp; 1/10/32 | &nbsp;&nbsp; 201825<br>| &nbsp;&nbsp;&nbsp; $213168<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust, Secured Trust | &nbsp;&nbsp; 5.880% | &nbsp;&nbsp; 1/10/28 | &nbsp;&nbsp; 86759<br>| &nbsp;&nbsp;&nbsp; 87096<br>|
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust, Secured Trust | &nbsp;&nbsp; 6.036% | &nbsp;&nbsp; 12/10/28 | &nbsp;&nbsp; 117723<br>| &nbsp;&nbsp;&nbsp; 118851<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; CVS Pass-Through Trust, Secured Trust | &nbsp;&nbsp; 6.943% | &nbsp;&nbsp; 1/10/30 | &nbsp;&nbsp; 157690<br>| &nbsp;&nbsp;&nbsp; 162389<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Elevance Health Inc., Senior Notes | &nbsp;&nbsp; 4.100% | &nbsp;&nbsp; 5/15/32 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 720413<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; HCA Inc., Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 9/1/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 949949<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Humana Inc., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 408901<br>|
| &nbsp;&nbsp;&nbsp; Sotera Health Holdings LLC, Senior Secured Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 496427<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TEAM Services Holding Inc., Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 450000<br>| &nbsp;&nbsp;&nbsp; 441583<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 11/15/33 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 394928<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; UnitedHealth Group Inc., Senior Notes | &nbsp;&nbsp; 2.000% | &nbsp;&nbsp; 5/15/30 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 289790<br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *8783067* |
| *Pharmaceuticals — 3.8%* | *Pharmaceuticals — 3.8%* | *Pharmaceuticals — 3.8%* | *Pharmaceuticals — 3.8%* | *Pharmaceuticals — 3.8%* |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., Senior Secured Notes | &nbsp;&nbsp; 10.000% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 1070000<br>| &nbsp;&nbsp;&nbsp; 1096417<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Americas Inc., Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 1/31/27 | &nbsp;&nbsp; 860000<br>| &nbsp;&nbsp;&nbsp; 852656<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bausch Health Cos. Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 100000<br>| &nbsp;&nbsp;&nbsp; 75125<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pfizer Inc., Senior Notes | &nbsp;&nbsp; 3.000% | &nbsp;&nbsp; 12/15/26 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 497058<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pfizer Investment Enterprises Pte Ltd., Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 5/19/33 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1793679<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 5/9/29 | &nbsp;&nbsp; 646000<br>| &nbsp;&nbsp;&nbsp; 644323<br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 4.100% | &nbsp;&nbsp; 10/1/46 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 148499<br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *5107757* |
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **16349825** |
| **Industrials — 8.8%** | **Industrials — 8.8%** | **Industrials — 8.8%** | **Industrials — 8.8%** | **Industrials — 8.8%** |
| *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* | *Aerospace & Defense — 2.4%* |
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding Ltd., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 2/15/27 | &nbsp;&nbsp; 1090000<br>| &nbsp;&nbsp;&nbsp; 1078010<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding Ltd., Senior Notes | &nbsp;&nbsp; 2.750% | &nbsp;&nbsp; 2/21/28 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 964921<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Boeing Co., Senior Notes | &nbsp;&nbsp; 3.200% | &nbsp;&nbsp; 3/1/29 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 482359<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Boeing Co., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 2/1/35 | &nbsp;&nbsp; 240000<br>| &nbsp;&nbsp;&nbsp; 205840<br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 322117<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bombardier Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 196452<br> <sup>(a)</sup><br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *3249699* |
| *Commercial Services & Supplies — 1.7%* | *Commercial Services & Supplies — 1.7%* | *Commercial Services & Supplies — 1.7%* | *Commercial Services & Supplies — 1.7%* | *Commercial Services & Supplies — 1.7%* |
| &nbsp;&nbsp;&nbsp; CoreCivic Inc., Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 470000<br>| &nbsp;&nbsp;&nbsp; 490982<br>|
| &nbsp;&nbsp;&nbsp; GEO Group Inc., Senior Notes | &nbsp;&nbsp; 10.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 491056<br>|
| &nbsp;&nbsp;&nbsp; GEO Group Inc., Senior Secured Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 80000<br>| &nbsp;&nbsp;&nbsp; 83138<br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 10.375% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 403965<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Neptune Bidco US Inc., Senior Secured Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 340021<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RB Global Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/28 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 486539<br> <sup>(a)</sup><br>|
| *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | *Total Commercial Services & Supplies* | &nbsp;&nbsp; *2295701* |
| *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* | *Construction & Engineering — 0.2%* |
| &nbsp;&nbsp;&nbsp; Tutor Perini Corp., Senior Notes | &nbsp;&nbsp; 11.875% | &nbsp;&nbsp; 4/30/29 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *230181*<br> <sup>(a)</sup><br>|
| *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* | *Electrical Equipment — 0.4%* |
| &nbsp;&nbsp;&nbsp; WESCO Distribution Inc., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 540000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *533168*<br> <sup>(a)</sup><br>|
| *Ground Transportation — 0.5%* | *Ground Transportation — 0.5%* | *Ground Transportation — 0.5%* | *Ground Transportation — 0.5%* | *Ground Transportation — 0.5%* |
| &nbsp;&nbsp;&nbsp; Carriage Purchaser Inc., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 10/15/29 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *630835*<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Machinery — 1.1%* | *Machinery — 1.1%* | *Machinery — 1.1%* | *Machinery — 1.1%* | *Machinery — 1.1%* |
| &nbsp;&nbsp;&nbsp; Cellnex Finance Co. SA, Senior Notes | &nbsp;&nbsp; 2.000% | &nbsp;&nbsp; 2/15/33 | &nbsp;&nbsp; 500000 <br><sup>EUR</sup><br>| &nbsp;&nbsp;&nbsp; $503971<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Columbus McKinnon Corp., Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 2/1/33 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 220105<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Park-Ohio Industries Inc., Senior Secured Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 297483<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vertiv Group Corp., Senior Secured Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 510000<br>| &nbsp;&nbsp;&nbsp; 502586<br> <sup>(a)</sup><br>|
| *Total Machinery* | *Total Machinery* | *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *1524145* |
| *Passenger Airlines — 1.2%* | *Passenger Airlines — 1.2%* | *Passenger Airlines — 1.2%* | *Passenger Airlines — 1.2%* | *Passenger Airlines — 1.2%* |
| &nbsp;&nbsp;&nbsp; American Airlines Inc., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 490000<br>| &nbsp;&nbsp;&nbsp; 493167<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Airlines Inc., Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 1070000<br>| &nbsp;&nbsp;&nbsp; 1050504<br> <sup>(a)(b)</sup><br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *1543671* |
| *Trading Companies & Distributors — 1.3%* | *Trading Companies & Distributors — 1.3%* | *Trading Companies & Distributors — 1.3%* | *Trading Companies & Distributors — 1.3%* | *Trading Companies & Distributors — 1.3%* |
| &nbsp;&nbsp;&nbsp; Aircastle Ltd./Aircastle Ireland DAC, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 3/15/30 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 332971<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ashtead Capital Inc., Senior Notes | &nbsp;&nbsp; 2.450% | &nbsp;&nbsp; 8/12/31 | &nbsp;&nbsp; 1230000<br>| &nbsp;&nbsp;&nbsp; 1081526<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 276910<br> <sup>(a)</sup><br>|
| *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | &nbsp;&nbsp; *1691407* |
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **11698807** |
| **Information Technology — 4.5%** | **Information Technology — 4.5%** | **Information Technology — 4.5%** | **Information Technology — 4.5%** | **Information Technology — 4.5%** |
| *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 450000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *473305*<br> <sup>(a)(b)</sup><br>|
| *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* | *Electronic Equipment, Instruments & Components — 0.7%* |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 5/15/32 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 219452<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EquipmentShare.com Inc., Secured Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 723447<br> <sup>(a)(b)</sup><br>|
| *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | *Total Electronic Equipment, Instruments & Components* | &nbsp;&nbsp; *942899* |
| *IT Services — 1.1%* | *IT Services — 1.1%* | *IT Services — 1.1%* | *IT Services — 1.1%* | *IT Services — 1.1%* |
| &nbsp;&nbsp;&nbsp; APLD ComputeCo 2 LLC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/31 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 198668<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; APLD ComputeCo LLC, Senior Secured Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 12/15/30 | &nbsp;&nbsp; 370000<br>| &nbsp;&nbsp;&nbsp; 381545<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CoreWeave Inc., Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 6/1/30 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp; 885079<br> <sup>(a)</sup><br>|
| *Total IT Services* | *Total IT Services* | *Total IT Services* | *Total IT Services* | &nbsp;&nbsp; *1465292* |
| *Semiconductors & Semiconductor Equipment — 1.1%* | *Semiconductors & Semiconductor Equipment — 1.1%* | *Semiconductors & Semiconductor Equipment — 1.1%* | *Semiconductors & Semiconductor Equipment — 1.1%* | *Semiconductors & Semiconductor Equipment — 1.1%* |
| &nbsp;&nbsp;&nbsp; Foundry JV Holdco LLC, Senior Secured Notes | &nbsp;&nbsp; 5.900% | &nbsp;&nbsp; 1/25/30 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 517707<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Qnity Electronics Inc., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 8/15/32 | &nbsp;&nbsp; 980000<br>| &nbsp;&nbsp;&nbsp; 982392<br> <sup>(a)(b)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *1500099* |
| *Software — 1.1%* | *Software — 1.1%* | *Software — 1.1%* | *Software — 1.1%* | *Software — 1.1%* |
| &nbsp;&nbsp;&nbsp; Cloud Software Group Inc., Senior Secured Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 6/30/32 | &nbsp;&nbsp; 460000<br>| &nbsp;&nbsp;&nbsp; 436648<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Oracle Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 8/3/55 | &nbsp;&nbsp; 550000<br>| &nbsp;&nbsp;&nbsp; 461551<br>|
| &nbsp;&nbsp;&nbsp; Synopsys Inc., Senior Notes | &nbsp;&nbsp; 5.150% | &nbsp;&nbsp; 4/1/35 | &nbsp;&nbsp; 570000<br>| &nbsp;&nbsp;&nbsp; 571294<br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *1469493* |
| *Technology Hardware, Storage & Peripherals — 0.1%* | *Technology Hardware, Storage & Peripherals — 0.1%* | *Technology Hardware, Storage & Peripherals — 0.1%* | *Technology Hardware, Storage & Peripherals — 0.1%* | *Technology Hardware, Storage & Peripherals — 0.1%* |
| &nbsp;&nbsp;&nbsp; Black Pearl Compute LLC, Senior Secured Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *193619*<br> <sup>(a)</sup><br>|
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **6044707** |
| **Materials — 8.1%** | **Materials — 8.1%** | **Materials — 8.1%** | **Materials — 8.1%** | **Materials — 8.1%** |
| *Chemicals — 1.7%* | *Chemicals — 1.7%* | *Chemicals — 1.7%* | *Chemicals — 1.7%* | *Chemicals — 1.7%* |
| &nbsp;&nbsp;&nbsp; ARC Falcon I Inc./Arclin USA LLC/New Arclin US Holding Corp., Senior Secured <br> Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 720000<br>| &nbsp;&nbsp;&nbsp; 693842<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 110000<br>| &nbsp;&nbsp;&nbsp; 113032<br>|
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/15/33 | &nbsp;&nbsp; 190000<br>| &nbsp;&nbsp;&nbsp; 195053<br> <sup>(b)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Chemicals — continued* | *Chemicals — continued* | *Chemicals — continued* | *Chemicals — continued* | *Chemicals — continued* |
| &nbsp;&nbsp;&nbsp; OCP SA, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 5/2/34 | &nbsp;&nbsp; 1220000<br>| &nbsp;&nbsp;&nbsp; $1270407<br> <sup>(a)</sup><br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *2272334* |
| *Metals & Mining — 5.7%* | *Metals & Mining — 5.7%* | *Metals & Mining — 5.7%* | *Metals & Mining — 5.7%* | *Metals & Mining — 5.7%* |
| &nbsp;&nbsp;&nbsp; Antofagasta PLC, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 5/13/32 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 913256<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ArcelorMittal SA, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 10/15/39 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 467962<br> <sup>(h)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 3/1/33 | &nbsp;&nbsp; 2570000<br>| &nbsp;&nbsp;&nbsp; 2682060<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/36 | &nbsp;&nbsp; 1080000<br>| &nbsp;&nbsp;&nbsp; 1039810<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Freeport Minerals Corp., Senior Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 60000<br>| &nbsp;&nbsp;&nbsp; 71487<br>|
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc., Senior Notes | &nbsp;&nbsp; 5.400% | &nbsp;&nbsp; 11/14/34 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 223351<br>|
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc., Senior Notes | &nbsp;&nbsp; 5.450% | &nbsp;&nbsp; 3/15/43 | &nbsp;&nbsp; 580000<br>| &nbsp;&nbsp;&nbsp; 549197<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Glencore Funding LLC, Senior Notes | &nbsp;&nbsp; 5.673% | &nbsp;&nbsp; 4/1/35 | &nbsp;&nbsp; 330000<br>| &nbsp;&nbsp;&nbsp; 337260<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teck Resources Ltd., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 8/15/40 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 211427<br>|
| &nbsp;&nbsp;&nbsp; Vale Overseas Ltd., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 11/10/39 | &nbsp;&nbsp; 940000<br>| &nbsp;&nbsp;&nbsp; 1038869<br>|
| *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *7534679* |
| *Paper & Forest Products — 0.7%* | *Paper & Forest Products — 0.7%* | *Paper & Forest Products — 0.7%* | *Paper & Forest Products — 0.7%* | *Paper & Forest Products — 0.7%* |
| &nbsp;&nbsp;&nbsp; Suzano Austria GmbH, Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *930140*<br> <sup>(b)</sup><br>|
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **10737153** |
| **Real Estate — 2.7%** | **Real Estate — 2.7%** | **Real Estate — 2.7%** | **Real Estate — 2.7%** | **Real Estate — 2.7%** |
| *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/15/27 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 214291<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 3.692% | &nbsp;&nbsp; 6/5/28 | &nbsp;&nbsp; 100000 <br><sup>GBP</sup><br>| &nbsp;&nbsp;&nbsp; 116372<br>|
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT Finance Corp., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 8/1/29 | &nbsp;&nbsp; 200000<br>| &nbsp;&nbsp;&nbsp; 155750<br>|
| &nbsp;&nbsp;&nbsp; Trust 2401, Senior Notes | &nbsp;&nbsp; 4.869% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 461000<br>| &nbsp;&nbsp;&nbsp; 444176<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Trust Fibra Uno, Senior Notes | &nbsp;&nbsp; 4.869% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 239000<br>| &nbsp;&nbsp;&nbsp; 229446<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC, Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 6/15/32 | &nbsp;&nbsp; 660000<br>| &nbsp;&nbsp;&nbsp; 672673<br> <sup>(a)</sup><br>|
| *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | &nbsp;&nbsp; *1832708* |
| *Specialized REITs — 1.3%* | *Specialized REITs — 1.3%* | *Specialized REITs — 1.3%* | *Specialized REITs — 1.3%* | *Specialized REITs — 1.3%* |
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 790000<br>| &nbsp;&nbsp;&nbsp; 790287<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/32 | &nbsp;&nbsp; 230000<br>| &nbsp;&nbsp;&nbsp; 226075<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SV RNO Property Owner 1 LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 3/1/31 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 791270<br> <sup>(a)(b)</sup><br>|
| *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *1807632* |
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **3640340** |
| **Utilities — 2.3%** | **Utilities — 2.3%** | **Utilities — 2.3%** | **Utilities — 2.3%** | **Utilities — 2.3%** |
| *Electric Utilities — 1.9%* | *Electric Utilities — 1.9%* | *Electric Utilities — 1.9%* | *Electric Utilities — 1.9%* | *Electric Utilities — 1.9%* |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy Houston Electric LLC, Senior Secured Bonds | &nbsp;&nbsp; 5.050% | &nbsp;&nbsp; 3/1/35 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 498396<br>|
| &nbsp;&nbsp;&nbsp; Comision Federal de Electricidad, Senior Notes | &nbsp;&nbsp; 3.348% | &nbsp;&nbsp; 2/9/31 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 358616<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pacific Gas and Electric Co., First Mortgage Bonds | &nbsp;&nbsp; 6.950% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 766917<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/15/31 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp; 314389<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC, Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/32 | &nbsp;&nbsp; 640000<br>| &nbsp;&nbsp;&nbsp; 662744<br> <sup>(a)</sup><br>|
| *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | &nbsp;&nbsp; *2601062* |
| *Independent Power and Renewable Electricity Producers — 0.4%* | *Independent Power and Renewable Electricity Producers — 0.4%* | *Independent Power and Renewable Electricity Producers — 0.4%* | *Independent Power and Renewable Electricity Producers — 0.4%* | *Independent Power and Renewable Electricity Producers — 0.4%* |
| &nbsp;&nbsp;&nbsp; Minejesa Capital BV, Senior Secured Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 8/10/30 | &nbsp;&nbsp; 525690<br>| &nbsp;&nbsp;&nbsp;&nbsp; *520444*<br> <sup>(a)(b)</sup><br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **3121506** |
| **Total Corporate Bonds & Notes (Cost — $160,907,477)** | **Total Corporate Bonds & Notes (Cost — $160,907,477)** | **Total Corporate Bonds & Notes (Cost — $160,907,477)** | **Total Corporate Bonds & Notes (Cost — $160,907,477)** | &nbsp;&nbsp; **165179671** |

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Asset-Backed Securities — 7.4%** | **Asset-Backed Securities — 7.4%** | **Asset-Backed Securities — 7.4%** | **Asset-Backed Securities — 7.4%** | **Asset-Backed Securities — 7.4%** |
| &nbsp;&nbsp;&nbsp; American Home Mortgage Investment Trust, 2007-A 4A (1 mo. Term SOFR + <br> 1.014%) | &nbsp;&nbsp; 4.693% | &nbsp;&nbsp; 7/25/46 | &nbsp;&nbsp; 425983<br>| &nbsp;&nbsp;&nbsp; $79339<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; AMMC CLO Ltd., 2021-24A ER (3 mo. Term SOFR + 6.500%) | &nbsp;&nbsp; 10.168% | &nbsp;&nbsp; 1/20/35 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 294309<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; AMMC CLO Ltd., 2022-27A DR (3 mo. Term SOFR + 2.700%) | &nbsp;&nbsp; 6.368% | &nbsp;&nbsp; 1/20/37 | &nbsp;&nbsp; 150000<br>| &nbsp;&nbsp;&nbsp; 148865<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apex Credit CLO LLC, 2021-2A CR (3 mo. Term SOFR + 3.750%) | &nbsp;&nbsp; 7.418% | &nbsp;&nbsp; 10/20/34 | &nbsp;&nbsp; 160000<br>| &nbsp;&nbsp;&nbsp; 154217<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apex Credit CLO Ltd., 2019-2A ERR (3 mo. Term SOFR + 7.670%) | &nbsp;&nbsp; 11.338% | &nbsp;&nbsp; 1/25/38 | &nbsp;&nbsp; 420000<br>| &nbsp;&nbsp;&nbsp; 353036<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Apidos CLO Ltd., 2024-50A E (3 mo. Term SOFR + 5.100%) | &nbsp;&nbsp; 8.768% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 264100<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ares CLO Ltd., 2017-44A CRR (3 mo. Term SOFR + 2.750%) | &nbsp;&nbsp; 6.422% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 247290<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Balboa Bay Loan Funding Ltd., 2020-1A ERR (3 mo. Term SOFR + 7.150%) | &nbsp;&nbsp; 10.818% | &nbsp;&nbsp; 10/20/35 | &nbsp;&nbsp; 440000<br>| &nbsp;&nbsp;&nbsp; 424534<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bayview Financial Asset Trust, 2007-SR1A M4 (1 mo. Term SOFR + 1.614%) | &nbsp;&nbsp; 5.293% | &nbsp;&nbsp; 3/25/37 | &nbsp;&nbsp; 24405<br>| &nbsp;&nbsp;&nbsp; 24944<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bear Mountain Park CLO Ltd., 2022-1A ER (3 mo. Term SOFR + 5.950%) | &nbsp;&nbsp; 9.622% | &nbsp;&nbsp; 7/15/37 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 350845<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Black Diamond CLO Ltd., 2021-1A CR (3 mo. Term SOFR + 3.900%) | &nbsp;&nbsp; 7.569% | &nbsp;&nbsp; 11/22/34 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 396675<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Capital Four US CLO Ltd., 2025-4A D1 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 7.008% | &nbsp;&nbsp; 10/18/38 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 341803<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dryden Senior Loan Fund, 2015-41A DR (3 mo. Term SOFR + 2.862%) | &nbsp;&nbsp; 6.534% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 501304<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dryden CLO Ltd., 2022-113A D1R3 (3 mo. Term SOFR + 3.000%) | &nbsp;&nbsp; 6.672% | &nbsp;&nbsp; 10/15/37 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 349125<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Elevation CLO Ltd., 2016-5A ERR (3 mo. Term SOFR + 7.580%) | &nbsp;&nbsp; 11.248% | &nbsp;&nbsp; 1/25/38 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp; 383126<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Galaxy CLO Ltd., 2016-22A DR4 (3 mo. Term SOFR + 2.500%) | &nbsp;&nbsp; 6.463% | &nbsp;&nbsp; 4/16/34 | &nbsp;&nbsp; 320000<br>| &nbsp;&nbsp;&nbsp; 315397<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; GoldenTree Loan Management US CLO Ltd., 2020-8A ERR (3 mo. Term SOFR + <br> 5.750%) | &nbsp;&nbsp; 9.418% | &nbsp;&nbsp; 10/20/34 | &nbsp;&nbsp; 410000<br>| &nbsp;&nbsp;&nbsp; 406404<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Golub Capital Partners CLO Ltd., 2024-77A E (3 mo. Term SOFR + 4.850%) | &nbsp;&nbsp; 8.518% | &nbsp;&nbsp; 1/25/38 | &nbsp;&nbsp; 680000<br>| &nbsp;&nbsp;&nbsp; 647877<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; HalseyPoint CLO Ltd., 2019-1A FR (3 mo. Term SOFR + 10.730%) | &nbsp;&nbsp; 14.398% | &nbsp;&nbsp; 10/20/37 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 439866<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Indymac Manufactured Housing Contract Pass-Through Certificates, 1997-1 A5 | &nbsp;&nbsp; 6.970% | &nbsp;&nbsp; 2/25/28 | &nbsp;&nbsp; 6460<br>| &nbsp;&nbsp;&nbsp; 6437<br>|
| &nbsp;&nbsp;&nbsp; Jamestown CLO Ltd., 2016-9A CR3 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.918% | &nbsp;&nbsp; 7/25/34 | &nbsp;&nbsp; 280000<br>| &nbsp;&nbsp;&nbsp; 278236<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Katayma CLO Ltd., 2024-2A D (3 mo. Term SOFR + 4.500%) | &nbsp;&nbsp; 8.168% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 309852<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley ABS Capital Inc. Trust, 2003-SD1 A1 (1 mo. Term SOFR + <br> 1.114%) | &nbsp;&nbsp; 4.793% | &nbsp;&nbsp; 3/25/33 | &nbsp;&nbsp; 3135<br>| &nbsp;&nbsp;&nbsp; 3171<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; New Mountain CLO Ltd., 5A D1R (3 mo. Term SOFR + 3.150%) | &nbsp;&nbsp; 6.818% | &nbsp;&nbsp; 7/20/36 | &nbsp;&nbsp; 290000<br>| &nbsp;&nbsp;&nbsp; 287609<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Oaktree CLO Ltd., 2022-2A D1R2 (3 mo. Term SOFR + 3.250%) | &nbsp;&nbsp; 6.922% | &nbsp;&nbsp; 10/15/37 | &nbsp;&nbsp; 340000<br>| &nbsp;&nbsp;&nbsp; 337641<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Obra CLO Ltd., 2024-1A E (3 mo. Term SOFR + 6.750%) | &nbsp;&nbsp; 10.418% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 390000<br>| &nbsp;&nbsp;&nbsp; 378133<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO Ltd., 2023-14A ER (3 mo. Term SOFR + 6.340%) | &nbsp;&nbsp; 10.008% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 480000<br>| &nbsp;&nbsp;&nbsp; 410719<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ocean Trails CLO Ltd., 2024-16A E (3 mo. Term SOFR + 6.690%) | &nbsp;&nbsp; 10.358% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 170000<br>| &nbsp;&nbsp;&nbsp; 162543<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; OCP CLO Ltd., 2023-26A ER (3 mo. Term SOFR + 4.450%) | &nbsp;&nbsp; 8.118% | &nbsp;&nbsp; 4/17/37 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 299865<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Octagon Investment Partners Ltd., 2020-1A ER2 (3 mo. Term SOFR + 6.000%) | &nbsp;&nbsp; 9.669% | &nbsp;&nbsp; 1/22/38 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 483996<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; OHA Credit Funding Ltd., 2022-11A D1R (3 mo. Term SOFR + 2.850%) | &nbsp;&nbsp; 6.518% | &nbsp;&nbsp; 7/19/37 | &nbsp;&nbsp; 150000<br>| &nbsp;&nbsp;&nbsp; 149428<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Origen Manufactured Housing Contract Trust, 2007-A A2 | &nbsp;&nbsp; 5.072% | &nbsp;&nbsp; 4/15/37 | &nbsp;&nbsp; 128344<br>| &nbsp;&nbsp;&nbsp; 118304<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Palmer Square CLO Ltd., 2022-3A D1R (3 mo. Term SOFR + 2.950%) | &nbsp;&nbsp; 6.618% | &nbsp;&nbsp; 7/20/37 | &nbsp;&nbsp; 110000<br>| &nbsp;&nbsp;&nbsp; 108947<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Trinitas CLO Ltd., 2024-27A D1 (3 mo. Term SOFR + 4.300%) | &nbsp;&nbsp; 7.968% | &nbsp;&nbsp; 4/18/37 | &nbsp;&nbsp; 110000<br>| &nbsp;&nbsp;&nbsp; 109944<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Voya CLO Ltd., 2020-3A D1RR (3 mo. Term SOFR + 2.700%) | &nbsp;&nbsp; 6.370% | &nbsp;&nbsp; 1/20/38 | &nbsp;&nbsp; 210000<br>| &nbsp;&nbsp;&nbsp; 207182<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Warwick Capital CLO Ltd., 2024-3A D (3 mo. Term SOFR + 4.500%) | &nbsp;&nbsp; 8.168% | &nbsp;&nbsp; 4/20/37 | &nbsp;&nbsp; 100000<br>| &nbsp;&nbsp;&nbsp; 99412<br> <sup>(a)(d)</sup><br>|
| **Total Asset-Backed Securities (Cost — $10,388,480)** | **Total Asset-Backed Securities (Cost — $10,388,480)** | **Total Asset-Backed Securities (Cost — $10,388,480)** | **Total Asset-Backed Securities (Cost — $10,388,480)** | &nbsp;&nbsp; **9874475** |
| **Senior Loans — 6.9%** | **Senior Loans — 6.9%** | **Senior Loans — 6.9%** | **Senior Loans — 6.9%** | **Senior Loans — 6.9%** |
| **Consumer Discretionary — 1.4%** | **Consumer Discretionary — 1.4%** | **Consumer Discretionary — 1.4%** | **Consumer Discretionary — 1.4%** | **Consumer Discretionary — 1.4%** |
| *Diversified Consumer Services — 0.5%* | *Diversified Consumer Services — 0.5%* | *Diversified Consumer Services — 0.5%* | *Diversified Consumer Services — 0.5%* | *Diversified Consumer Services — 0.5%* |
| &nbsp;&nbsp;&nbsp; WW International Inc., Take-Back Term Loan (3 mo. Term SOFR + 6.800%)  | 10.506% | &nbsp;&nbsp; 6/24/30 | &nbsp;&nbsp; 859391<br>| &nbsp;&nbsp;&nbsp;&nbsp; *634231*<br> <sup>(d)(j)(k)(l)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Hotels, Restaurants & Leisure — 0.9%* | *Hotels, Restaurants & Leisure — 0.9%* | *Hotels, Restaurants & Leisure — 0.9%* | *Hotels, Restaurants & Leisure — 0.9%* | *Hotels, Restaurants & Leisure — 0.9%* |
| &nbsp;&nbsp;&nbsp; Light & Wonder International Inc., Term Loan B3 (1 mo. Term SOFR + 2.000%)  | 5.675% | &nbsp;&nbsp; 4/16/29 | &nbsp;&nbsp; 1221389<br>| &nbsp;&nbsp;&nbsp; $*1222916*<br> <sup>(d)(j)(k)</sup><br>|
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **1857147** |
| **Financials — 2.2%** | **Financials — 2.2%** | **Financials — 2.2%** | **Financials — 2.2%** | **Financials — 2.2%** |
| *Consumer Finance — 0.1%* | *Consumer Finance — 0.1%* | *Consumer Finance — 0.1%* | *Consumer Finance — 0.1%* | *Consumer Finance — 0.1%* |
| &nbsp;&nbsp;&nbsp; Blackhawk Network Holdings Inc., Term Loan B2 (1 mo. Term SOFR + 3.500%)  | 7.168% | &nbsp;&nbsp; 3/12/29 | &nbsp;&nbsp; 117911<br>| &nbsp;&nbsp;&nbsp;&nbsp; *116569*<br> <sup>(d)(j)(k)</sup><br>|
| *Financial Services — 1.9%* | *Financial Services — 1.9%* | *Financial Services — 1.9%* | *Financial Services — 1.9%* | *Financial Services — 1.9%* |
| &nbsp;&nbsp;&nbsp; Citadel Securities LP, 2024 Term Loan Facility (3 mo. Term SOFR + 2.000%) | 5.700% | &nbsp;&nbsp; 10/31/31 | &nbsp;&nbsp; 2183154<br>| &nbsp;&nbsp;&nbsp; 2188165<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 10 Term Loan (1 mo. Term SOFR + 4.000%) | 7.668% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 129350<br>| &nbsp;&nbsp;&nbsp; 125631<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nexus Buyer LLC, Amendment No. 9 Refinancing Term Loan (1 mo. Term SOFR + <br> 3.500%) | 7.168% | &nbsp;&nbsp; 7/31/31 | &nbsp;&nbsp; 246264<br>| &nbsp;&nbsp;&nbsp; 237491<br> <sup>(d)(j)(k)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *2551287* |
| *Insurance — 0.2%* | *Insurance — 0.2%* | *Insurance — 0.2%* | *Insurance — 0.2%* | *Insurance — 0.2%* |
| &nbsp;&nbsp;&nbsp; Asurion LLC, New Term Loan B14  |  | &nbsp;&nbsp; 3/11/33 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *242032*<br> <sup>(l)</sup><br>|
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **2909888** |
| **Health Care — 0.2%** | **Health Care — 0.2%** | **Health Care — 0.2%** | **Health Care — 0.2%** | **Health Care — 0.2%** |
| *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* | *Health Care Technology — 0.2%* |
| &nbsp;&nbsp;&nbsp; AthenaHealth Group Inc., Initial Term Loan (1 mo. Term SOFR + 2.750%)  | 6.418% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 309219<br>| &nbsp;&nbsp;&nbsp;&nbsp; **304001**<br> <sup>(d)(j)(k)</sup><br>|
| **Industrials — 0.8%** | **Industrials — 0.8%** | **Industrials — 0.8%** | **Industrials — 0.8%** | **Industrials — 0.8%** |
| *Passenger Airlines — 0.8%* | *Passenger Airlines — 0.8%* | *Passenger Airlines — 0.8%* | *Passenger Airlines — 0.8%* | *Passenger Airlines — 0.8%* |
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Contingent DIP Facility |  | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 116198<br>| &nbsp;&nbsp;&nbsp; 14,525<br> \*<sup>(g)(m)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, New Money Term Loan (1 mo. Term SOFR + 8.000%) | 11.678% | &nbsp;&nbsp; 1/2/40 | &nbsp;&nbsp; 49103<br>| &nbsp;&nbsp;&nbsp; 48612<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Roll Up Term Loan |  | &nbsp;&nbsp; 10/14/26 | &nbsp;&nbsp; 304992<br>| &nbsp;&nbsp;&nbsp; 213494<br> <sup>(g)(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Second New Money Term Loan (1 mo. Term SOFR + 8.000%) | 11.678% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 12178<br>| &nbsp;&nbsp;&nbsp; 12056<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Spirit Airlines LLC, Third DIP New Money Term Loan (1 mo. Term SOFR + <br> 8.000%) | 11.678% | &nbsp;&nbsp; 7/14/26 | &nbsp;&nbsp; 24052<br>| &nbsp;&nbsp;&nbsp; 23811<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Air Lines Inc., Refinanced Term Loan (1 mo. Term SOFR + 1.750%) | 5.431% | &nbsp;&nbsp; 2/24/31 | &nbsp;&nbsp; 715498<br>| &nbsp;&nbsp;&nbsp; 715277<br> <sup>(d)(j)(k)</sup><br>|
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **1027775** |
| **Information Technology — 2.0%** | **Information Technology — 2.0%** | **Information Technology — 2.0%** | **Information Technology — 2.0%** | **Information Technology — 2.0%** |
| *Semiconductors & Semiconductor Equipment — 1.7%* | *Semiconductors & Semiconductor Equipment — 1.7%* | *Semiconductors & Semiconductor Equipment — 1.7%* | *Semiconductors & Semiconductor Equipment — 1.7%* | *Semiconductors & Semiconductor Equipment — 1.7%* |
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 1 LLC, Term Loan | 10.000% | &nbsp;&nbsp; 11/20/30 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1181130<br> <sup>(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; VCI Asset Holdings 2 LLC, Initial Term Loan | 7.375% | &nbsp;&nbsp; 2/6/31 | &nbsp;&nbsp; 1130000<br>| &nbsp;&nbsp;&nbsp; 1163900<br> <sup>(f)(j)(k)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *2345030* |
| *Software — 0.3%* | *Software — 0.3%* | *Software — 0.3%* | *Software — 0.3%* | *Software — 0.3%* |
| &nbsp;&nbsp;&nbsp; Cloudera Inc., Term Loan (1 mo. Term SOFR + 3.850%) | 7.518% | &nbsp;&nbsp; 10/8/28 | &nbsp;&nbsp; 250000<br>| &nbsp;&nbsp;&nbsp; 223906<br> <sup>(d)(j)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Modena Buyer LLC, Initial Term Loan (3 mo. Term SOFR + 4.250%) | 7.917% | &nbsp;&nbsp; 7/1/31 | &nbsp;&nbsp; 197500<br>| &nbsp;&nbsp;&nbsp; 177942<br> <sup>(d)(j)(k)</sup><br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *401848* |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **2746878** |
| **Materials — 0.3%** | **Materials — 0.3%** | **Materials — 0.3%** | **Materials — 0.3%** | **Materials — 0.3%** |
| *Chemicals — 0.3%* | *Chemicals — 0.3%* | *Chemicals — 0.3%* | *Chemicals — 0.3%* | *Chemicals — 0.3%* |
| &nbsp;&nbsp;&nbsp; Hexion Holdings Corp., 2024 Refinancing Term Loan (1 mo. Term SOFR + 4.000%)  | 7.675% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 370486<br>| &nbsp;&nbsp;&nbsp;&nbsp; **355281**<br> <sup>(d)(j)(k)</sup><br>|
| **Total Senior Loans (Cost — $9,385,883)** | **Total Senior Loans (Cost — $9,385,883)** | **Total Senior Loans (Cost — $9,385,883)** | **Total Senior Loans (Cost — $9,385,883)** | &nbsp;&nbsp; **9200970** |
| **Collateralized Mortgage Obligations**<sup>(n)</sup> **— 3.8%** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— 3.8%** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— 3.8%** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— 3.8%** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— 3.8%** |
| &nbsp;&nbsp;&nbsp; 280 Park Avenue Mortgage Trust, 2017-280P F (1 mo. Term SOFR + 3.127%) | &nbsp;&nbsp; 6.797% | &nbsp;&nbsp; 9/15/34 | &nbsp;&nbsp; 220000<br>| &nbsp;&nbsp;&nbsp; 213940<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bear Stearns ALT-A Trust, 2004-3 A1 (1 mo. Term SOFR + 0.754%) | &nbsp;&nbsp; 4.433% | &nbsp;&nbsp; 4/25/34 | &nbsp;&nbsp; 13582<br>| &nbsp;&nbsp;&nbsp; 13529<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust, 2005-7 1A1 (1 mo. Term SOFR + 0.654%) | &nbsp;&nbsp; 4.333% | &nbsp;&nbsp; 3/25/35 | &nbsp;&nbsp; 112390<br>| &nbsp;&nbsp;&nbsp; 107007<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citigroup Commercial Mortgage Trust, 2015-P1 D | &nbsp;&nbsp; 3.225% | &nbsp;&nbsp; 9/15/48 | &nbsp;&nbsp; 2298<br>| &nbsp;&nbsp;&nbsp; 2253<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| **Collateralized Mortgage Obligations**<sup>(n)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— continued** | **Collateralized Mortgage Obligations**<sup>(n)</sup> **— continued** |
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency Credit <br> Risk Trust, 2020-DNA6 B1 (30 Day Average SOFR + 3.000%) | &nbsp;&nbsp; 6.662% | &nbsp;&nbsp; 12/25/50 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; $328754<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency Credit <br> Risk Trust, 2022-DNA2 M2 (30 Day Average SOFR + 3.750%) | &nbsp;&nbsp; 7.412% | &nbsp;&nbsp; 2/25/42 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp; 929225<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal Home Loan Mortgage Corp. (FHLMC) REMIC, Structured Agency Credit <br> Risk Trust, 2022-DNA6 M2 (30 Day Average SOFR + 5.750%) | &nbsp;&nbsp; 9.412% | &nbsp;&nbsp; 9/25/42 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1064248<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2023-R06 1M2 (30 Day <br> Average SOFR + 2.700%) | &nbsp;&nbsp; 6.362% | &nbsp;&nbsp; 7/25/43 | &nbsp;&nbsp; 560000<br>| &nbsp;&nbsp;&nbsp; 572844<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA) — CAS, 2024-R02 1M2 (30 Day <br> Average SOFR + 1.800%) | &nbsp;&nbsp; 5.462% | &nbsp;&nbsp; 2/25/44 | &nbsp;&nbsp; 520000<br>| &nbsp;&nbsp;&nbsp; 520871<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association (FNMA), 2004-W15 1A2 | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 8/25/44 | &nbsp;&nbsp; 27509<br>| &nbsp;&nbsp;&nbsp; 28508<br>|
| &nbsp;&nbsp;&nbsp; GS Mortgage Securities Corp. II, 2024-70P E | &nbsp;&nbsp; 8.367% | &nbsp;&nbsp; 3/10/41 | &nbsp;&nbsp; 270000<br>| &nbsp;&nbsp;&nbsp; 276054<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Impac CMB Trust, 2004-10 2A (1 mo. Term SOFR + 0.754%) | &nbsp;&nbsp; 4.433% | &nbsp;&nbsp; 3/25/35 | &nbsp;&nbsp; 34795<br>| &nbsp;&nbsp;&nbsp; 33004<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; MERIT Securities Corp., 2011-PA B3 (1 mo. USD LIBOR + 2.250%) | &nbsp;&nbsp; 7.210% | &nbsp;&nbsp; 9/28/32 | &nbsp;&nbsp; 235210<br>| &nbsp;&nbsp;&nbsp; 200669<br> <sup>(a)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, 2015-UBS8 C | &nbsp;&nbsp; 4.320% | &nbsp;&nbsp; 12/15/48 | &nbsp;&nbsp; 40532<br>| &nbsp;&nbsp;&nbsp; 39843<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Morgan Stanley Capital I Trust, 2016-BNK2 B | &nbsp;&nbsp; 3.485% | &nbsp;&nbsp; 11/15/49 | &nbsp;&nbsp; 430000<br>| &nbsp;&nbsp;&nbsp; 402106<br>|
| &nbsp;&nbsp;&nbsp; Prime Mortgage Trust, 2005-2 2XB, IO | &nbsp;&nbsp; 1.743% | &nbsp;&nbsp; 10/25/32 | &nbsp;&nbsp; 615823<br>| &nbsp;&nbsp;&nbsp; 31808<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Prime Mortgage Trust, 2005-5 1X, IO | &nbsp;&nbsp; 1.089% | &nbsp;&nbsp; 7/25/34 | &nbsp;&nbsp; 555820<br>| &nbsp;&nbsp;&nbsp; 14479<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; RAMP Trust, 2005-SL2 APO, STRIPS, PO | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/25/32 | &nbsp;&nbsp; 672<br>| &nbsp;&nbsp;&nbsp; 634<br>|
| &nbsp;&nbsp;&nbsp; Sequoia Mortgage Trust, 2003-2 A2 (6 mo. Term SOFR + 1.108%) | &nbsp;&nbsp; 4.908% | &nbsp;&nbsp; 6/20/33 | &nbsp;&nbsp; 1412<br>| &nbsp;&nbsp;&nbsp; 1395<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Structured Asset Securities Corp. Mortgage Pass-Through Certificates, 2003-9A <br> 2A2 | &nbsp;&nbsp; 5.279% | &nbsp;&nbsp; 3/25/33 | &nbsp;&nbsp; 13470<br>| &nbsp;&nbsp;&nbsp; 13190<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Commercial Mortgage Trust, 2018-C15 C | &nbsp;&nbsp; 5.137% | &nbsp;&nbsp; 12/15/51 | &nbsp;&nbsp; 285000<br>| &nbsp;&nbsp;&nbsp; 272083<br> <sup>(d)</sup><br>|
| **Total Collateralized Mortgage Obligations (Cost — $5,216,895)** | **Total Collateralized Mortgage Obligations (Cost — $5,216,895)** | **Total Collateralized Mortgage Obligations (Cost — $5,216,895)** | **Total Collateralized Mortgage Obligations (Cost — $5,216,895)** | &nbsp;&nbsp; **5066444** |
| **Sovereign Bonds — 3.2%** | **Sovereign Bonds — 3.2%** | **Sovereign Bonds — 3.2%** | **Sovereign Bonds — 3.2%** | **Sovereign Bonds — 3.2%** |
| *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* | *Angola — 0.3%* |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 11/26/29 | &nbsp;&nbsp; 400000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *396075*<br> <sup>(a)</sup><br>|
| *Argentina — 0.6%* | *Argentina — 0.6%* | *Argentina — 0.6%* | *Argentina — 0.6%* | *Argentina — 0.6%* |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes | &nbsp;&nbsp; 1.000% | &nbsp;&nbsp; 7/9/29 | &nbsp;&nbsp; 30376<br>| &nbsp;&nbsp;&nbsp; 26702<br>|
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 9/1/37 | &nbsp;&nbsp; 416974<br>| &nbsp;&nbsp;&nbsp; 315337<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provincia de Cordoba, Senior Notes | &nbsp;&nbsp; 6.990% | &nbsp;&nbsp; 6/1/27 | &nbsp;&nbsp; 420000<br>| &nbsp;&nbsp;&nbsp; 419429<br> <sup>(a)</sup><br>|
| *Total Argentina* | *Total Argentina* | *Total Argentina* | *Total Argentina* | &nbsp;&nbsp; *761468* |
| *Dominican Republic — 0.2%* | *Dominican Republic — 0.2%* | *Dominican Republic — 0.2%* | *Dominican Republic — 0.2%* | *Dominican Republic — 0.2%* |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 9/23/32 | &nbsp;&nbsp; 380000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *351082*<br> <sup>(a)</sup><br>|
| *Mexico — 1.6%* | *Mexico — 1.6%* | *Mexico — 1.6%* | *Mexico — 1.6%* | *Mexico — 1.6%* |
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond, Senior Notes | &nbsp;&nbsp; 2.659% | &nbsp;&nbsp; 5/24/31 | &nbsp;&nbsp; 360000<br>| &nbsp;&nbsp;&nbsp; 318654<br>|
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond, Senior Notes | &nbsp;&nbsp; 5.850% | &nbsp;&nbsp; 7/2/32 | &nbsp;&nbsp; 492000<br>| &nbsp;&nbsp;&nbsp; 494386<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mexico Government International Bond, Senior Notes | &nbsp;&nbsp; 4.350% | &nbsp;&nbsp; 1/15/47 | &nbsp;&nbsp; 1750000<br>| &nbsp;&nbsp;&nbsp; 1284500<br> <sup>(b)</sup><br>|
| *Total Mexico* | *Total Mexico* | *Total Mexico* | *Total Mexico* | &nbsp;&nbsp; *2097540* |
| *Paraguay — 0.2%* | *Paraguay — 0.2%* | *Paraguay — 0.2%* | *Paraguay — 0.2%* | *Paraguay — 0.2%* |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, Senior Notes | &nbsp;&nbsp; 6.650% | &nbsp;&nbsp; 3/4/55 | &nbsp;&nbsp; 300000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *312120*<br> <sup>(a)</sup><br>|
| *Poland — 0.3%* | *Poland — 0.3%* | *Poland — 0.3%* | *Poland — 0.3%* | *Poland — 0.3%* |
| &nbsp;&nbsp;&nbsp; Bank Gospodarstwa Krajowego, Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 5/22/33 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *354974*<br> <sup>(c)</sup><br>|
| **Total Sovereign Bonds (Cost — $4,076,343)** | **Total Sovereign Bonds (Cost — $4,076,343)** | **Total Sovereign Bonds (Cost — $4,076,343)** | **Total Sovereign Bonds (Cost — $4,076,343)** | &nbsp;&nbsp; **4273259** |

---

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

 **Western Asset Premier Bond Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate |  | Shares | Value |
| **Preferred Stocks — 0.6%** | **Preferred Stocks — 0.6%** | **Preferred Stocks — 0.6%** | **Preferred Stocks — 0.6%** | **Preferred Stocks — 0.6%** |
| **Financials — 0.6%** | **Financials — 0.6%** | **Financials — 0.6%** | **Financials — 0.6%** | **Financials — 0.6%** |
| *Mortgage Real Estate Investment Trusts (REITs) — 0.6%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.6%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.6%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.6%* | *Mortgage Real Estate Investment Trusts (REITs) — 0.6%* |
| &nbsp;&nbsp;&nbsp; AGNC Investment Corp., Non Voting Shares (3 mo. Term SOFR + 4.959%) | &nbsp;&nbsp; 8.641% |  | &nbsp;&nbsp; 16546 | &nbsp;&nbsp;&nbsp; $401571<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chimera Investment Corp., Non Voting Shares (3 mo. Term SOFR + 5.005%) | &nbsp;&nbsp; 8.705% |  | &nbsp;&nbsp; 5224 | &nbsp;&nbsp;&nbsp; 103017<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; MFA Financial Inc., Non Voting Shares (3 mo. Term SOFR + 5.607%) | &nbsp;&nbsp; 9.289% |  | &nbsp;&nbsp; 9538 | &nbsp;&nbsp;&nbsp; 201920<br> <sup>(d)</sup><br>|
| **Total Preferred Stocks (Cost — $770,651)** | **Total Preferred Stocks (Cost — $770,651)** | **Total Preferred Stocks (Cost — $770,651)** | **Total Preferred Stocks (Cost — $770,651)** | &nbsp;&nbsp; **706508** |
|  |  | Maturity <br>Date<br>| Face <br>Amount†<br>|  |
| **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** | **Convertible Bonds & Notes — 0.2%** |
| **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** | **Communication Services — 0.2%** |
| *Media — 0.2%* | *Media — 0.2%* | *Media — 0.2%* | *Media — 0.2%* | *Media — 0.2%* |
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Senior Secured Notes (3.875% Cash or 3.875% <br> PIK) (Cost — $89,403) | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/30/30 | &nbsp;&nbsp; 82932<br>| &nbsp;&nbsp;&nbsp;&nbsp; **296449**<br> <sup>(o)</sup><br>|
|  |  |  | Shares |  |
| **Common Stocks — 0.1%** | **Common Stocks — 0.1%** | **Common Stocks — 0.1%** | **Common Stocks — 0.1%** | **Common Stocks — 0.1%** |
| **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** |
| *Diversified Telecommunication Services — 0.1%* | *Diversified Telecommunication Services — 0.1%* | *Diversified Telecommunication Services — 0.1%* | *Diversified Telecommunication Services — 0.1%* | *Diversified Telecommunication Services — 0.1%* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco | &nbsp;&nbsp;&nbsp; Altice France Luxco |  | &nbsp;&nbsp; 8602 | &nbsp;&nbsp;&nbsp; **146,405**<br> \*<br>|
| **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** | **Industrials — 0.0%††** |
| *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* | *Passenger Airlines — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. | &nbsp;&nbsp;&nbsp; Spirit Aviation Holdings Inc. |  | &nbsp;&nbsp; 5706 | &nbsp;&nbsp;&nbsp; **1,427**<br> \*<br>|
| **Total Common Stocks (Cost — $98,429)** | **Total Common Stocks (Cost — $98,429)** | **Total Common Stocks (Cost — $98,429)** | **Total Common Stocks (Cost — $98,429)** | &nbsp;&nbsp;&nbsp; **147832**<br>|
|  |  | Expiration <br>Date <br>| Rights |  |
| **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** | **Rights — 0.0%††** |
| **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** |
| *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco (Cost — $0) |  | &nbsp;&nbsp; — | &nbsp;&nbsp; 685 | &nbsp;&nbsp;&nbsp; **10,095**<br> \*<br>|
| **Total Investments before Short-Term Investments (Cost — $190,933,561)** | **Total Investments before Short-Term Investments (Cost — $190,933,561)** | **Total Investments before Short-Term Investments (Cost — $190,933,561)** | **Total Investments before Short-Term Investments (Cost — $190,933,561)** | &nbsp;&nbsp; **194755703** |
|  | Rate |  | Shares |  |
| **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** | **Short-Term Investments — 0.1%** |
| &nbsp;&nbsp;&nbsp; Western Asset Premier Institutional Government Reserves, Premium Shares <br> (Cost — $109,173)  | &nbsp;&nbsp; 3.589% |  | &nbsp;&nbsp; 109173<br>| &nbsp;&nbsp;&nbsp;&nbsp; **109173**<br> <sup>(p)(q)</sup><br>|
| **Total Investments — 146.2% (Cost — $191,042,734)** | **Total Investments — 146.2% (Cost — $191,042,734)** | **Total Investments — 146.2% (Cost — $191,042,734)** | **Total Investments — 146.2% (Cost — $191,042,734)** | &nbsp;&nbsp; **194864876** |
| &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (46.2)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (46.2)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (46.2)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (46.2)% | &nbsp;&nbsp;&nbsp; (61562103)<br>|
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$133302773** |

---

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

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Premier Bond Fund**

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees.<br>|
| <sup>(b)</sup> | All or a portion of this security is pledged as collateral pursuant to the loan agreement.  |
| <sup>(c)</sup> | Security is exempt from registration under Regulation S of the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of <br> the United States and do not involve direct selling efforts in the United States. This security has been deemed liquid pursuant to guidelines approved by the <br> Board of Trustees.<br>|
| <sup>(d)</sup> | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published <br> reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a <br> reference rate and spread in their description above.<br>|
| <sup>(e)</sup> | Security has no maturity date. The date shown represents the next call date. |
| <sup>(f)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(g)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(h)</sup> | All or a portion of this security is held by the counterparty as collateral for open reverse repurchase agreements. |
| <sup>(i)</sup> | Value is less than $1. |
| <sup>(j)</sup> | Interest rates disclosed represent the effective rates on senior loans. Ranges in interest rates are attributable to multiple contracts under the same loan. |
| <sup>(k)</sup> | Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower <br> prior to the disposition of a senior loan. <br>|
| <sup>(l)</sup> | All or a portion of this loan has not settled as of March 31, 2026. Interest rates are not effective until settlement date. Interest rates shown, if any, are for <br> the settled portion of the loan.<br>|
| <sup>(m)</sup> | The coupon payment on this security is currently in default as of March 31, 2026. |
| <sup>(n)</sup> | Collateralized mortgage obligations are secured by an underlying pool of mortgages or mortgage pass-through certificates that are structured to direct <br> payments on underlying collateral to different series or classes of the obligations. The interest rate may change positively or inversely in relation to one or <br> more interest rates, financial indices or other financial indicators and may be subject to an upper and/or lower limit.<br>|
| <sup>(o)</sup> | Payment-in-kind security for which the issuer has the option at each interest payment date of making interest payments in cash or additional securities.  |
| <sup>(p)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(q)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At March 31, 2026, the total market value of <br> investments in Affiliated Companies was $109,173 and the cost was $109,173 (Note 2).<br>|

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| CAS |  | Connecticut Avenue Securities |
| CLO |  | Collateralized Loan Obligation |
| DAC |  | Designated Activity Company |
| DIP |  | Debtor-in-possession |
| EUR |  | Euro |
| GBP |  | British Pound |
| ICE |  | Intercontinental Exchange |
| IO |  | Interest Only |
| JSC |  | Joint Stock Company |
| LIBOR |  | London Interbank Offered Rate |
| PIK |  | Payment-In-Kind |
| PO |  | Principal Only |
| REMIC |  | Real Estate Mortgage Investment Conduit |
| SOFR |  | Secured Overnight Financing Rate |
| SONIA |  | Sterling Overnight Index Average |
| STRIPS |  | Separate Trading of Registered Interest and Principal Securities |
| USD |  | United States Dollar |

---

See Notes to Schedule of Investments.

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Western Asset Premier Bond Fund 2026 Quarterly Report

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 **Western Asset Premier Bond Fund**

At March 31, 2026, the Fund had the following open reverse repurchase agreements:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Counterparty  | Rate | &nbsp;&nbsp;&nbsp; Effective <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Maturity <br>Date<br>| &nbsp;&nbsp;&nbsp; Face Amount <br>of Reverse <br>Repurchase <br>Agreements<br>| &nbsp;&nbsp;&nbsp;&nbsp; Asset Class <br>of Collateral\*<br>| &nbsp;&nbsp;&nbsp; Collateral <br>Value\*\*<br>|
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 4.160% | &nbsp;&nbsp;&nbsp;&nbsp; 3/11/2026 | 6/10/2026 | &nbsp;&nbsp;&nbsp;&nbsp; $4871728 | Corporate Bonds & Notes | $5099077 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp;&nbsp; 4.220% | &nbsp;&nbsp;&nbsp;&nbsp; 2/26/2026 | 5/27/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 1394400 | Corporate Bonds & Notes | 1432941 |
|  |  |  |  | &nbsp;&nbsp;&nbsp; **$6266128** |  | &nbsp;&nbsp;&nbsp; **$6532018** |

---

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

\* Refer to the Schedule of Investments for positions held at the counterparty as collateral for reverse repurchase agreements. <br> \*\* Including accrued interest.

At March 31, 2026, the Fund had the following open forward foreign currency contracts:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency <br>Purchased | Currency <br>Purchased | Currency <br>Sold | Currency <br>Sold | Counterparty | Settlement <br>Date<br>| Unrealized <br>Appreciation <br>(Depreciation)<br>|
| USD | &nbsp;&nbsp; 515541 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 382805 | BNP Paribas SA | &nbsp;&nbsp; 4/16/26 | &nbsp;&nbsp; $8873 |
| GBP | &nbsp;&nbsp; 20306 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 27725 | Citibank N.A. | &nbsp;&nbsp; 4/16/26 | &nbsp;&nbsp;&nbsp;&nbsp; (848) |
| USD | &nbsp;&nbsp; 611300 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 520943 | Citibank N.A. | &nbsp;&nbsp; 4/16/26 | &nbsp;&nbsp;&nbsp; 8690 |
| GBP | &nbsp;&nbsp; 78900 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 105484 | Morgan Stanley & Co. Inc. | &nbsp;&nbsp; 4/16/26 | &nbsp;&nbsp; (1055) |
| **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | &nbsp;&nbsp; **$15660** |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| EUR |  | Euro |
| GBP |  | British Pound |
| USD |  | United States Dollar |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedule of Investments.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited)

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

**1. Organization and significant accounting policies** 

Western Asset Premier Bond Fund (the "Fund") is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as a diversified, closed-end management investment company. The Fund commenced investment operations on March 28, 2002. The Fund's investment objective is to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment grade bonds.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the adviser to be unreliable, the market price may be determined by the adviser using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Fund's adviser has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's adviser is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's adviser and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

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

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

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | &nbsp;&nbsp; — | &nbsp;&nbsp; $30202572 | &nbsp;&nbsp; $314816 | &nbsp;&nbsp; $30517388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 33451695 | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 33451695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Corporate Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 101210588 | &nbsp;&nbsp; — | &nbsp;&nbsp; 101210588 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 9874475 | &nbsp;&nbsp; — | &nbsp;&nbsp; 9874475 |
| &nbsp;&nbsp;&nbsp; Senior Loans: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; — | &nbsp;&nbsp; 799756 | &nbsp;&nbsp; 228019 | &nbsp;&nbsp; 1027775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Senior Loans | &nbsp;&nbsp; — | &nbsp;&nbsp; 8173195 | &nbsp;&nbsp; — | &nbsp;&nbsp; 8173195 |
| &nbsp;&nbsp;&nbsp; Collateralized Mortgage Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 5066444 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5066444 |
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp; 4273259 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4273259 |
| &nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; $706508 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 706508 |
| &nbsp;&nbsp;&nbsp; Convertible Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 296449 | &nbsp;&nbsp; — | &nbsp;&nbsp; 296449 |
| &nbsp;&nbsp;&nbsp; Common Stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | &nbsp;&nbsp; — | &nbsp;&nbsp; 146405 | &nbsp;&nbsp; — | &nbsp;&nbsp; 146405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | &nbsp;&nbsp; 1427 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1427 |
| &nbsp;&nbsp;&nbsp; Rights | &nbsp;&nbsp; — | &nbsp;&nbsp; 10095 | &nbsp;&nbsp; — | &nbsp;&nbsp; 10095 |
| Total Long-Term Investments | &nbsp;&nbsp; 707935 | &nbsp;&nbsp; 193504933 | &nbsp;&nbsp; 542835 | &nbsp;&nbsp; 194755703 |
| Short-Term Investments† | &nbsp;&nbsp; 109173 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 109173 |
| **Total Investments** | &nbsp;&nbsp; **$817108** | &nbsp;&nbsp; **$193504933** | &nbsp;&nbsp; **$542835** | &nbsp;&nbsp; **$194864876** |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $17563 | &nbsp;&nbsp; — | &nbsp;&nbsp; $17563 |
| **Total** | &nbsp;&nbsp; **$817108** | &nbsp;&nbsp; **$193522496** | &nbsp;&nbsp; **$542835** | &nbsp;&nbsp; **$194882439** |
| **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $1903 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1903 |

---

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

---

| | |
|:---|:---|
| † | See Schedule of Investments for additional detailed categorizations. |
| \* | Amount represents less than $1. |
| †† | Reflects the unrealized appreciation (depreciation) of the instruments. |

---

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended March 31, 2026. The following transactions were effected

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited) (cont'd)

in such company for the period ended March 31, 2026. <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>December 31, <br>2025 | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>December 31, <br>2025 | Cost | Shares | Proceeds | Shares |
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium <br> Shares<br>| $828276 | $13977530 | 13977530 | $14696633 | 14696633 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>March 31, <br>2026<br>|
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium Shares<br>|  | $11769 |  | $109173 |

---

------

Western Asset Premier Bond Fund 2026 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Western Asset Premier Bond Fund

- **b. Investment Company Act file number:** 811-10603

- **c. CIK number of Registrant:** 0001163792

- **d. LEI of Registrant:** 5493007UP8PFRNTX0546

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

  - **Street Address 1:** One Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-888-777-0102

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

- **a. Name of Series:** Western Asset Premier Bond Fund

- **c. LEI of Series:** 5493007UP8PFRNTX0546

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $199671609.49

**Total Liabilities:** $66368331.79

**Net Assets:** $133303277.70

**Cash Not Reported:** $29265.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -853.96000000 | **1-Year:** 7941.99000000 | **5-Year:** 31428.71000000 | **10-Year:** 23388.30000000 | **30-Year:** 990.46000000

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

- **3-Month:** 124.39000000 | **1-Year:** 6115.97000000 | **5-Year:** 14116.96000000 | **10-Year:** 3897.08000000 | **30-Year:** 22.76000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.72%                | 0.09%                | -3.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-110282.81              | $463936.60                                 |
| Month 2  | $372607.44               | $129140.68                                 |
| Month 3  | $221600.41               | $-4236184.89                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Halliburton Company                                                                  | HAL 4.85 11/15/35                                                                                                                                      | CUSIP: 406216BJ9<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |    750000 | PA      | $729755.19    | 0.55%             | 2035-11-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc.                                                              | UNH 2 05/15/30                                                                                                                                         | CUSIP: 91324PDX7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    320000 | PA      | $289790.59    | 0.22%             | 2030-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Diamondback Energy Inc                                                               | FANG 3.5 12/01/29                                                                                                                                      | CUSIP: 25278XAN9<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    400000 | PA      | $386077.01    | 0.29%             | 2029-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS                                                                   | New Generation Gas Gathering LLC                                                                                                                       | CUSIP: 000000000<br>LEI: 9845008CB7EPB0KCD474 | Long             | DBT              | CORP              | US        |    302703 | PA      | $314815.97    | 0.24%             | 2029-09-30      | Floating      | 9.41%                 | No            |                  3 | On Loan: No      |
| BEAR MOUNTAIN PARK CLO LTD                                                           | BRMTN 2022-1A ER                                                                                                                                       | CUSIP: 07403KAE3<br>LEI: 549300UHUALXUXTG2K29 | Long             | ABS-CBDO         | CORP              | KY        |    390000 | PA      | $350844.98    | 0.26%             | 2037-07-15      | Floating      | 9.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                                             | GBP/USD FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1054.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                                              | NBR 8.875 08/15/31 144A                                                                                                                                | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    470000 | PA      | $489933.64    | 0.37%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                                               | FABSJV 5.9 01/25/30                                                                                                                                    | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $517707.38    | 0.39%             | 2030-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                             | WCC 5.5 04/15/34 144A                                                                                                                                  | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    620000 | PA      | $612156.37    | 0.46%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                         | AVOL 3.25 02/15/27 144A                                                                                                                                | CUSIP: 05401AAJ0<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1090000 | PA      | $1078009.39   | 0.81%             | 2027-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Prime Mortgage Trust 2003 1                                                          | PRIME 2005-5 1X                                                                                                                                        | CUSIP: 74160MLU4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    555820 | PA      | $14478.62     | 0.01%             | 2034-07-25      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V7.125 PERP 144a                                                                                                                                   | CUSIP: 225401BJ6<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    620000 | PA      | $609847.50    | 0.46%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                                         | MET 10.75 08/01/39                                                                                                                                     | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    500000 | PA      | $648264.50    | 0.49%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| KATAYMA CLO II LTD                                                                   | KTAMA 2024-2A D                                                                                                                                        | CUSIP: 485862AG1<br>LEI: 254900HW0KYG9AOGVP97 | Long             | ABS-CBDO         | CORP              | JE        |    310000 | PA      | $309852.22    | 0.23%             | 2037-04-20      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Walt Disney Company                                                                  | DIS 2.65 01/13/31                                                                                                                                      | CUSIP: 254687FX9<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1188264.40   | 0.89%             | 2031-01-13      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                     | CYH 6.875 04/15/29 144A                                                                                                                                | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    810000 | PA      | $779760.92    | 0.58%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Apld Computeco 2 LLC                                                                 | PFORGE 6.75 03/15/31 144A                                                                                                                              | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $198667.82    | 0.15%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                    | CSCHLD 3.375 02/15/31 144A                                                                                                                             | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $117711.52    | 0.09%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Black Pearl Compute LLC                                                              | BLKPRL 6.125 02/15/31 144A                                                                                                                             | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $193618.93    | 0.15%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 6.5 06/15/34 144A                                                                                                                               | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    400000 | PA      | $416632.80    | 0.31%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HOLDINGS LTD                                                             | GLOBAU 8.75 01/15/32 144A                                                                                                                              | CUSIP: 00033GAB1<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $171426.76    | 0.13%             | 2032-01-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 6.484 10/23/45                                                                                                                                    | CUSIP: 161175BA1<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    880000 | PA      | $812105.20    | 0.61%             | 2045-10-23      | Fixed         | 6.48%                 | No            |                  2 | On Loan: No      |
| Petrobras Global Finance B.V.                                                        | PETBRA 6.75 01/27/41                                                                                                                                   | CUSIP: 71645WAS0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    920000 | PA      | $896500.44    | 0.67%             | 2041-01-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SV RNO Property Owner 1 LLC                                                          | TRACTC 5.875 03/01/31 144A                                                                                                                             | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $791270.05    | 0.59%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Southern Natural Gas Co LLC                                                          | SONGAS 4.8 03/15/47 144A                                                                                                                               | CUSIP: 84346LAA8<br>LEI: 254900KDLS1X42SY7037 | Long             | DBT              | CORP              | US        |    800000 | PA      | $688895.09    | 0.52%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Pfizer Investment Enterprises Pte Ltd.                                               | PFE 4.75 05/19/33                                                                                                                                      | CUSIP: 716973AE2<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |   1800000 | PA      | $1793679.05   | 1.35%             | 2033-05-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                      | NEXUS BUYER LLC                                                                                                                                        | CUSIP: 65343UAJ1<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    129675 | PA      | $125946.84    | 0.09%             | 2031-07-31      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| OHA CREDIT FUNDING 11 LTD                                                            | OAKC 2022-11A D1R                                                                                                                                      | CUSIP: 67115VAW2<br>LEI: 2549002MG7GTTY5LHR97 | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $149427.72    | 0.11%             | 2037-07-20      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Bank Gospodarstwa Krajowego                                                          | BGOSK 5.375 05/22/33 REGS                                                                                                                              | CUSIP: 000000000<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |    350000 | PA      | $354974.53    | 0.27%             | 2033-05-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                            | XYZ 6 08/15/33 144A                                                                                                                                    | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $994358.66    | 0.75%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Orange SA                                                                            | ORAFP 9 03/01/31                                                                                                                                       | CUSIP: 35177PAL1<br>LEI: 969500MCOONR8990S771 | Long             | DBT              | CORP              | FR        |    600000 | PA      | $709387.92    | 0.53%             | 2031-03-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Vertiv Group Corp.                                                                   | VRT 4.125 11/15/28 144A                                                                                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |    510000 | PA      | $502585.58    | 0.38%             | 2028-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                 | Spirit Airlines, LLC Third DIP New Money TL                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     24052 | PA      | $23811.20     | 0.02%             | 2026-07-14      | Floating      | 11.68%                | No            |                  2 | On Loan: No      |
| Agnc Investment Corp                                                                 | Agnc Investment Corp DEPOSITARY SHARES EACH REPRESENTING 1/1,000TH OF A SHARE OF 6.125% SERIES F FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRE | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     16546 | NS      | $401571.42    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                                                       | C V6.875 PERP GG                                                                                                                                       | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181387.44    | 0.14%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| RAMP SERIES 2005-SL2 TRUST                                                           | RAMP 2005-SL2 APO                                                                                                                                      | CUSIP: 76112BVB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |       672 | PA      | $633.77       | 0.00%             | 2032-02-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International Inc                                                   | Light & Wonder (Scientific Games) Term Loan B 200 2029-04-01                                                                                           | CUSIP: 80875AAY7<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | LON              | CORP              | US        |   1221389 | PA      | $1222916.03   | 0.92%             | 2029-04-16      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                                               | QNTELE 5.75 08/15/32 144A                                                                                                                              | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    980000 | PA      | $982392.18    | 0.74%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 2.45 02/04/32                                                                                                                                       | CUSIP: 02209SBL6<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $877798.64    | 0.66%             | 2032-02-04      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Prime Mortgage Trust 2003 1                                                          | PRIME 2005-2 2XB                                                                                                                                       | CUSIP: 74160MJA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    615823 | PA      | $31807.66     | 0.02%             | 2032-10-25      | Fixed         | 1.74%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                                 | LVS 6 06/14/30                                                                                                                                         | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    690000 | PA      | $710039.54    | 0.53%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                                 | LVS 3.9 08/08/29                                                                                                                                       | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1263039.38   | 0.95%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Marks and Spencer plc                                                                | MARSPE 7.125 12/01/37 144A                                                                                                                             | CUSIP: 57069PAA0<br>LEI: 213800CN1RI3UCIZWB95 | Long             | DBT              | CORP              | GB        |   1050000 | PA      | $1142638.09   | 0.86%             | 2037-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (Province Of)                                                           | BUENOS 6.625 09/01/37 144A                                                                                                                             | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    416975 | PA      | $315337.01    | 0.24%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| GEO Group Inc                                                                        | GEO 10.25 04/15/31                                                                                                                                     | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    460000 | PA      | $491056.34    | 0.37%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Full House Resorts Inc.                                                              | FLL 8.25 02/15/28 144A                                                                                                                                 | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    990000 | PA      | $903375.00    | 0.68%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Corecivic Inc                                                                        | CXW 8.25 04/15/29                                                                                                                                      | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    470000 | PA      | $490982.21    | 0.37%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                                 | ANGOL 8 11/26/29 144A                                                                                                                                  | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    400000 | PA      | $396074.90    | 0.30%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                        | DEUTSCHE BANK SECURITIES                                                                                                                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |  -2173296 | PA      | $-2173295.99  | -1.63%            |  |  |  | No            |                  2 | On Loan: No      |
| HCA Inc.                                                                             | HCA 3.5 09/01/30                                                                                                                                       | CUSIP: 404119CA5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $949948.99    | 0.71%             | 2030-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Gee Automotive Holdings LLC                                                          | GEEATO 7.25 03/01/31 144A                                                                                                                              | CUSIP: 36846VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $481805.76    | 0.36%             | 2031-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Petco Health and Wellness Company Inc                                                | WOOF 8.25 02/01/31 144A                                                                                                                                | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |    490000 | PA      | $489664.02    | 0.37%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                             | VST 7.75 10/15/31 144A                                                                                                                                 | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    300000 | PA      | $314388.49    | 0.24%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                     | CHTR 7.375 02/01/36 144A                                                                                                                               | CUSIP: 1248EPCV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $338892.17    | 0.25%             | 2036-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                           | OXY 6.2 03/15/40                                                                                                                                       | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    250000 | PA      | $255514.75    | 0.19%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2016-BNK2                                             | MSC 2016-BNK2 B                                                                                                                                        | CUSIP: 61690YBY7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    430000 | PA      | $402105.77    | 0.30%             | 2049-11-18      | Variable      | 3.48%                 | No            |                  2 | On Loan: No      |
| UBS AG New York Branch                                                               | UBS 7.5 02/15/28                                                                                                                                       | CUSIP: 22550L2M2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | US        |    400000 | PA      | $423258.38    | 0.32%             | 2028-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Impac CMB Trust                                                                      | IMM 2004-10 2A                                                                                                                                         | CUSIP: 45254NLL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     34795 | PA      | $33004.22     | 0.02%             | 2035-03-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                              | ARGENT 1 07/09/29                                                                                                                                      | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     30376 | PA      | $26701.85     | 0.02%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| UBS COMMERCIAL MORTGAGE TRUST 2018-C15                                               | UBSCM 2018-C15 C                                                                                                                                       | CUSIP: 90278LBD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    285000 | PA      | $272083.00    | 0.20%             | 2051-12-15      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                                                     | MRSH 5 03/15/35                                                                                                                                        | CUSIP: 571748CC4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996272.57    | 0.75%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V8.113 11/03/33                                                                                                                                   | CUSIP: 404280DS5<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $802291.22    | 0.60%             | 2033-11-03      | Fixed         | 8.11%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                                                                  | BNS 2.45 02/02/32                                                                                                                                      | CUSIP: 06417XAE1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $530436.54    | 0.40%             | 2032-02-02      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Continental Resources, Inc.                                                          | CLR 4.375 01/15/28                                                                                                                                     | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    210000 | PA      | $208649.36    | 0.16%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Kodiak BP LLC                                                                        | Kodiak Building Partners Term Loan B 375 2031-11-18                                                                                                    | CUSIP: 50011JAF7<br>LEI: 549300Y1Q6ZUH0EXO182 | Long             | LON              | CORP              | US        |    310000 | PA      | $310412.30    | 0.23%             | 2031-12-04      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                                      | BBDBCN 6.75 06/15/33 144A                                                                                                                              | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    190000 | PA      | $196452.02    | 0.15%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cordoba (Province Of)                                                                | PDCAR 6.99 06/01/27 144A                                                                                                                               | CUSIP: 74408DAD6<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |    420000 | PA      | $419428.80    | 0.31%             | 2027-06-01      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V4 PERP H                                                                                                                                         | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1851454.36   | 1.39%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                       | ECOPET 5.875 05/28/45                                                                                                                                  | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    280000 | PA      | $206374.14    | 0.15%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP                                                                       | UNIT 8.625 06/15/32 Feb                                                                                                                                | CUSIP: 91327CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $672672.51    | 0.50%             | 2032-06-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                         | HESM 4.25 02/15/30 144A                                                                                                                                | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $692227.66    | 0.52%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                 | Spirit Contingent TL                                                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    116198 | PA      | $14524.74     | 0.01%             | 2026-07-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Western Midstream Operating LP                                                       | WES 5.3 03/01/48                                                                                                                                       | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    490000 | PA      | $414558.24    | 0.31%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                 | Spirit Airlines, LLC DIP New Money Term Loan 10/25                                                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     49103 | PA      | $48611.96     | 0.04%             | 2040-01-02      | None          | 11.68%                | No            |                  2 | On Loan: No      |
| Williams Companies Inc. (The)                                                        | WMB 5.75 06/24/44                                                                                                                                      | CUSIP: 969457BV1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    500000 | PA      | $486466.00    | 0.36%             | 2044-06-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL 3.25 11/08/29 144A                                                                                                                              | CUSIP: 11102AAE1<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $480261.90    | 0.36%             | 2029-11-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5.25 02/21/33                                                                                                                                      | CUSIP: 126650DU1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    400000 | PA      | $404746.97    | 0.30%             | 2033-02-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPECTRUM MANAGEMENT HOLDING COMPANY LLC                                              | CHTR 5.875 11/15/40                                                                                                                                    | CUSIP: 88732JAY4<br>LEI: B1WXCWLJVJXMWJX6O298 | Long             | DBT              | CORP              | US        |    720000 | PA      | $653092.95    | 0.49%             | 2040-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                              | MRP 6.25 09/15/32 144A                                                                                                                                 | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $226074.54    | 0.17%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                                 | ROYAL BANK OF CANADA                                                                                                                                   | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | Short            | RA               | CORP              | US        |  -1394400 | PA      | $-1394400.00  | -1.05%            |  |  |  | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                              | VENLNG V9 PERP 144a                                                                                                                                    | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1475310.13   | 1.11%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Company                                                     | PCG 6.95 03/15/34                                                                                                                                      | CUSIP: 694308KP1<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    700000 | PA      | $766917.45    | 0.58%             | 2034-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Tengizchevroil Finance Company International Ltd.                                    | TENGIZ 3.25 08/15/30 144A                                                                                                                              | CUSIP: 88034QAC1<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $323626.22    | 0.24%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TEAM SERVICES HOLDING INC                                                            | TEAPUB 9 02/15/33 144A                                                                                                                                 | CUSIP: 87821TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $441582.64    | 0.33%             | 2033-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley ABS Capital I Inc                                                     | MSAC 2003-SD1 A1                                                                                                                                       | CUSIP: 61746RCE9<br>LEI: 549300RLSHIMYD3FZB52 | Long             | ABS-O            | CORP              | US        |      3135 | PA      | $3170.75      | 0.00%             | 2033-03-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners LP / Antero Midstream Finance Corp                         | AM 5.75 10/15/33 144A                                                                                                                                  | CUSIP: 03690AAM8<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    490000 | PA      | $484902.14    | 0.36%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                                                      | BBDBCN 7.5 02/01/29 144A                                                                                                                               | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    310000 | PA      | $322116.97    | 0.24%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2004-9                                                      | BALTA 2004-3 A1                                                                                                                                        | CUSIP: 07386HGG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13582 | PA      | $13529.33     | 0.01%             | 2034-04-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2024-70P                                           | GSMS 2024-70P E                                                                                                                                        | CUSIP: 36269JAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    270000 | PA      | $276054.35    | 0.21%             | 2041-03-12      | Variable      | 8.37%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                                | NLSN 9.5 02/15/33 144A                                                                                                                                 | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    350000 | PA      | $340021.15    | 0.26%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                       | MEX 5.85 07/02/32                                                                                                                                      | CUSIP: 91087BBE9<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    492000 | PA      | $494386.20    | 0.37%             | 2032-07-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Apidos Clo L                                                                         | APID 2024-50A E                                                                                                                                        | CUSIP: 03771LAA2<br>LEI: 2549007IRDJIM26V8J63 | Long             | ABS-CBDO         | CORP              | KY        |    270000 | PA      | $264100.18    | 0.20%             | 2038-01-20      | Variable      | 8.77%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V6 PERP *                                                                                                                                         | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $398423.36    | 0.30%             | N/A             | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                    | PNC 2.55 01/22/30                                                                                                                                      | CUSIP: 693475AZ8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    750000 | PA      | $700109.57    | 0.53%             | 2030-01-22      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                         | ORCL 6 08/03/55                                                                                                                                        | CUSIP: 68389XDB8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    550000 | PA      | $461551.21    | 0.35%             | 2055-08-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                                                     | AMZN 2.1 05/12/31                                                                                                                                      | CUSIP: 023135BZ8<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    350000 | PA      | $313782.83    | 0.24%             | 2031-05-12      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 5.625 02/06/35                                                                                                                                      | CUSIP: 02209SBT9<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    260000 | PA      | $266414.01    | 0.20%             | 2035-02-06      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                                   | ET V6.625 PERP B                                                                                                                                       | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    550000 | PA      | $550491.15    | 0.41%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                               | MPW 3.692 06/05/28                                                                                                                                     | CUSIP: 55342UAL8<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    100000 | PA      | $116371.91    | 0.09%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| GOLUB CAP PARTNERS CLO 77B LTD/LLC                                                   | GCBSL 2024-77A E                                                                                                                                       | CUSIP: 38180TAA6<br>LEI: 25490075TUHC39ZVRO61 | Long             | ABS-CBDO         | CORP              | KY        |    680000 | PA      | $647877.14    | 0.49%             | 2038-01-25      | Variable      | 8.52%                 | No            |                  2 | On Loan: No      |
| AthenaHealth Group Inc                                                               | athenahealth Term Loan B 300 2029-02-01                                                                                                                | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    309219 | PA      | $304001.07    | 0.23%             | 2029-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | TMUS 5.3 05/15/35                                                                                                                                      | CUSIP: 87264ADT9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70608.86     | 0.05%             | 2035-05-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Pm General Purchaser Llc                                                             | AMGENE 9.5 10/01/28 144A                                                                                                                               | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2020000 | PA      | $1915687.20   | 1.44%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC 4.25 10/22/26 MTN                                                                                                                                  | CUSIP: 06051GFL8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499444.93   | 1.12%             | 2026-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C 6.625 06/15/32                                                                                                                                       | CUSIP: 172967BL4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1087257.54   | 0.82%             | 2032-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Rockies Express Pipeline LLC                                                         | ROCKIE 7.5 07/15/38 144A                                                                                                                               | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    280000 | PA      | $292424.44    | 0.22%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cellnex Finance Company S.A.U.                                                       | CLNXSM 2 02/15/33 EMTN                                                                                                                                 | CUSIP: 000000000<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |    500000 | PA      | $503971.30    | 0.38%             | 2033-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2022-DNA6                                              | STACR 2022-DNA6 M2                                                                                                                                     | CUSIP: 35564KH77<br>LEI: 5493000IS30HKV5IAS29 | Long             | ABS-O            | USGSE             | US        |   1000000 | PA      | $1064248.00   | 0.80%             | 2042-09-25      | Floating      | 9.41%                 | No            |                  2 | On Loan: No      |
| Apld Computeco LLC                                                                   | APLD 9.25 12/15/30 144A                                                                                                                                | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $381544.74    | 0.29%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                                       | CRWV 9.25 06/01/30 144A                                                                                                                                | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    910000 | PA      | $885079.10    | 0.66%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                    | HRI 7.25 06/15/33 144A                                                                                                                                 | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    270000 | PA      | $276909.84    | 0.21%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                                                                      | NCLH 6.125 03/15/28 144A                                                                                                                               | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    350000 | PA      | $353180.45    | 0.26%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Partners Lp                                                          | CQP 4 03/01/31                                                                                                                                         | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480250.26    | 0.36%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VOYA CLO 2020-3 LTD                                                                  | VOYA 2020-3A D1RR                                                                                                                                      | CUSIP: 92918NBE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    210000 | PA      | $207181.72    | 0.16%             | 2038-01-20      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V5.518 10/25/35                                                                                                                                    | CUSIP: 06051GMD8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    710000 | PA      | $710233.17    | 0.53%             | 2035-10-25      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2021-2 LTD                                                           | APEXC 2021-2A CR                                                                                                                                       | CUSIP: 03755QAJ2<br>LEI: 254900H6CNZLCIDMYC58 | Long             | ABS-CBDO         | CORP              | KY        |    160000 | PA      | $154216.75    | 0.12%             | 2034-10-20      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVSPAS 7.507 01/10/32 144A                                                                                                                             | CUSIP: 126650BS8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    201826 | PA      | $213167.97    | 0.16%             | 2032-01-10      | Fixed         | 7.51%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                  | KMI 7.75 01/15/32 GMTN                                                                                                                                 | CUSIP: 28368EAE6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    190000 | PA      | $217938.20    | 0.16%             | 2032-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                       | WBD 5.05 03/15/42 *                                                                                                                                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    970000 | PA      | $641466.55    | 0.48%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA                                                    | BCICI 2.875 10/14/31 144A                                                                                                                              | CUSIP: 05890MAB9<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $363164.64    | 0.27%             | 2031-10-14      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| 280 Park Avenue Trust                                                                | PRK 2017-280P F                                                                                                                                        | CUSIP: 90205FAQ3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220000 | PA      | $213940.21    | 0.16%             | 2034-09-15      | Variable      | 6.80%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V5.851 04/25/35                                                                                                                                     | CUSIP: 38141GA95<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     70000 | PA      | $72661.32     | 0.05%             | 2035-04-25      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating, LLC                                                     | PR 6.25 02/01/33 144A                                                                                                                                  | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   2160000 | PA      | $2201744.16   | 1.65%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 3.75 04/01/30                                                                                                                                      | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    700000 | PA      | $676589.85    | 0.51%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                             | ALTICE LUXEMBOURG 0 SNR PERP EUR1 '144A'                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        |       685 | NS      | $10094.90     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                 | NCLH 7.75 02/15/29 144A                                                                                                                                | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    130000 | PA      | $135423.99    | 0.10%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                 | HOWARD 6.625 01/15/34 144A                                                                                                                             | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $291309.93    | 0.22%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                             | VST 6.875 04/15/32 144A                                                                                                                                | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    640000 | PA      | $662743.92    | 0.50%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                           | AMGN 2.45 02/21/30                                                                                                                                     | CUSIP: 031162CU2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    400000 | PA      | $371559.48    | 0.28%             | 2030-02-21      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)  | AER 3.4 10/29/33                                                                                                                                       | CUSIP: 00774MAY1<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |   2500000 | PA      | $2213185.85   | 1.66%             | 2033-10-29      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                              | ISATLN 9 09/15/29 144A                                                                                                                                 | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |    450000 | PA      | $473305.50    | 0.36%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                          | FMCN 8 03/01/33 144A                                                                                                                                   | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   2570000 | PA      | $2682059.71   | 2.01%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                            | TIBX 6.625 08/15/33 144A                                                                                                                               | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    210000 | PA      | $186895.74    | 0.14%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 3.875 02/08/29                                                                                                                                      | CUSIP: 92343VES9<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1654357.14   | 1.24%             | 2029-02-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                        | MPEL 6.5 09/24/33 144A                                                                                                                                 | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    490000 | PA      | $470733.56    | 0.35%             | 2033-09-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                           | BHCCN 8.5 01/31/27 144A                                                                                                                                | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    860000 | PA      | $852655.60    | 0.64%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                    | VENTGL 3.875 11/01/33 144A                                                                                                                             | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $993049.46    | 0.74%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                          | CRGYFN 8.375 01/15/34 144A                                                                                                                             | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136015.10    | 0.10%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                              | LVLT 8.5 01/15/36 144A                                                                                                                                 | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    400000 | PA      | $417744.68    | 0.31%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Rb Global Holdings Inc.                                                              | RBACN 6.75 03/15/28 144A                                                                                                                               | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    480000 | PA      | $486538.56    | 0.36%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP                                  | INDMH 1997-1 A5                                                                                                                                        | CUSIP: 22540ABE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      6460 | PA      | $6437.22      | 0.00%             | 2028-02-25      | Fixed         | 6.97%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                       | ECOPET 5.875 11/02/51                                                                                                                                  | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   1060000 | PA      | $747342.58    | 0.56%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                                          | HUM 5.875 03/01/33                                                                                                                                     | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    400000 | PA      | $408901.27    | 0.31%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                   | LADR 5.5 08/01/30                                                                                                                                      | CUSIP: 505742AS5<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |    330000 | PA      | $330831.26    | 0.25%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                | AAL 7.25 02/15/28 144A                                                                                                                                 | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $493167.04    | 0.37%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DRYDEN 113 CLO LTD                                                                   | DRSLF 2022-113A D1R3                                                                                                                                   | CUSIP: 26253EBR8<br>LEI: 254900XN9Y85HJGYJ219 | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $349125.00    | 0.26%             | 2037-10-15      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                             | FLTR 5.875 06/04/31 144A                                                                                                                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |    980000 | PA      | $971670.00    | 0.73%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Transportadora de Gas del Peru S.A.                                                  | TGPERU 4.25 04/30/28 144A                                                                                                                              | CUSIP: 89388AAA0<br>LEI: 529900SKHHNI5HVI0Y66 | Long             | DBT              | CORP              | PE        |    450000 | PA      | $447656.27    | 0.34%             | 2028-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2007-A                                    | ORGN 2007-A A2                                                                                                                                         | CUSIP: 68620CAB6<br>LEI: 5493001P8LORMOBBQA95 | Long             | ABS-O            | CORP              | US        |    128344 | PA      | $118304.15    | 0.09%             | 2037-04-15      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| MidCap Financial Issuer Trust                                                        | MIDCAP F 01/15/56 144a                                                                                                                                 | CUSIP: 59590AAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $638873.19    | 0.48%             | 2056-01-15      | Variable      | 7.42%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                       | MEX 2.659 05/24/31                                                                                                                                     | CUSIP: 91087BAM2<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    360000 | PA      | $318654.00    | 0.24%             | 2031-05-24      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| Cloudera Inc                                                                         | Cloudera First-lien Term Loan 375 2028-07-24                                                                                                           | CUSIP: 74339VAB4<br>LEI: 549300PGONC4JOI0RG62 | Long             | LON              | CORP              | US        |    250000 | PA      | $223906.25    | 0.17%             | 2028-10-08      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                                                | ALTICE 5 01/15/28 144A                                                                                                                                 | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    690000 | PA      | $485264.65    | 0.36%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2015-UBS8                                             | MSC 2015-UBS8 C                                                                                                                                        | CUSIP: 61691ABQ5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     40532 | PA      | $39843.12     | 0.03%             | 2048-12-17      | Variable      | 4.36%                 | No            |                  2 | On Loan: No      |
| GEO Group Inc                                                                        | GEO 8.625 04/15/29                                                                                                                                     | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83137.79     | 0.06%             | 2029-04-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc.                                                              | MIK 8.5 03/15/33 144A                                                                                                                                  | CUSIP: 59408QAB2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292364.70    | 0.22%             | 2033-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| VCI Asset Holdings 1 LLC                                                             | VCI ASSET HOLDINGS 1 LLC                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1181130.50   | 0.89%             | 2030-11-20      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VistaJet Malta Finance PLC /XO Management Holding Inc.                               | VSTJET 6.375 02/01/30 144A                                                                                                                             | CUSIP: 92840JAB5<br>LEI: 5299001UK94VGT0CPQ36 | Long             | DBT              | CORP              | MT        |    320000 | PA      | $276708.26    | 0.21%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO FIBRA UNO SIN TIPO DE SOCIEDAD                                           | FUNOTR 4.869 01/15/30 REGS                                                                                                                             | CUSIP: 000000000<br>LEI: 54930011BLQ0JPRBAL73 | Long             | DBT              | CORP              | MX        |    239000 | PA      | $229446.38    | 0.17%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                               | MPW 5 10/15/27                                                                                                                                         | CUSIP: 55342UAH7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |    230000 | PA      | $214291.01    | 0.16%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM 4.95 06/01/45                                                                                                                                      | CUSIP: 46625HLL2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455004.21    | 0.34%             | 2045-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                                 | GLENLN 5.673 04/01/35 144A                                                                                                                             | CUSIP: 378272CA4<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    330000 | PA      | $337260.29    | 0.25%             | 2035-04-01      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                     | CYH 6.125 04/01/30 144A                                                                                                                                | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    210000 | PA      | $182820.67    | 0.14%             | 2030-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                                  | MINCAP 4.625 08/10/30 144A                                                                                                                             | CUSIP: 602736AA8<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |    525690 | PA      | $520443.88    | 0.39%             | 2030-08-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ARC FALCON I INC                                                                     | NEWARC 9.75 03/01/33 144A                                                                                                                              | CUSIP: 03881HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $693842.40    | 0.52%             | 2033-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVSPAS 5.88 01/10/28                                                                                                                                   | CUSIP: 126650BC3<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     86759 | PA      | $87095.95     | 0.07%             | 2028-01-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH SYSTEMS INC                                                         | CYH 10.875 01/15/32 144A                                                                                                                               | CUSIP: 12543DBN9<br>LEI: 549300BQWM4WENQ3YW73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $429644.40    | 0.32%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                                   | RYASPE 5.875 08/01/32 144A                                                                                                                             | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    680000 | PA      | $672635.33    | 0.50%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Michaels Companies Inc.                                                              | MIK 11 03/15/34 144A                                                                                                                                   | CUSIP: 59408QAA4<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1724814.94   | 1.29%             | 2034-03-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Spirit Airlines Contingent                                                           | SPIRIT FUNDED ROLL UP TL                                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    304992 | PA      | $213494.09    | 0.16%             | 2026-07-14      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DIRECTV FINANCING LLC                                                                | DTV 8.875 02/01/30 144a                                                                                                                                | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $299707.59    | 0.22%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                         | PEMEX 5.5 06/27/44                                                                                                                                     | CUSIP: 71654QBE1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    360000 | PA      | $266904.00    | 0.20%             | 2044-06-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc                    | ABIBB 4.7 02/01/36 *                                                                                                                                   | CUSIP: 03522AAH3<br>LEI: 5493002J2SVENP0PVK27 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1500541.29   | 1.13%             | 2036-02-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLDING LUX SARL                                                             | JBS 3.75 12/01/31                                                                                                                                      | CUSIP: 46590XAM8<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |    500000 | PA      | $467962.50    | 0.35%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Williams Companies Inc. (The)                                                        | WMB 8.75 03/15/32                                                                                                                                      | CUSIP: 969457BM1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |     39000 | PA      | $46336.70     | 0.03%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings Corporation                                                          | Hexion Term Loan B 400 2029-03-01                                                                                                                      | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |    370486 | PA      | $355281.25    | 0.27%             | 2029-03-15      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Columbus McKinnon Corp.                                                              | CMCO 7.125 02/01/33 144A                                                                                                                               | CUSIP: 199333AK1<br>LEI: 549300W3HQB0HO1F3G69 | Long             | DBT              | CORP              | US        |    220000 | PA      | $220104.50    | 0.17%             | 2033-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Next Properties Trust 2401                                                           | NEXTPR 4.869 01/15/30 144A                                                                                                                             | CUSIP: 89834MAA4<br>LEI: 254900QDKZ8ZURT6FD83 | Long             | DBT              | CORP              | MX        |    461000 | PA      | $444175.81    | 0.33%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                       | ZFFNGR 6.875 04/23/32 144A                                                                                                                             | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    290000 | PA      | $275799.57    | 0.21%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| United Rentals (North America), Inc.                                                 | URI 6 12/15/29 144A                                                                                                                                    | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    710000 | PA      | $722322.76    | 0.54%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OAKTREE CLO 2022-2 LTD                                                               | OAKCL 2022-2A D1R2                                                                                                                                     | CUSIP: 67402RBQ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    340000 | PA      | $337641.05    | 0.25%             | 2037-10-15      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| VCI ASSET HOLDINGS 2 LLC                                                             | Valor                                                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1163900.00   | 0.87%             | 2031-02-06      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Ocean Trails Clo XIV Ltd.                                                            | OCTR 2023-14A ER                                                                                                                                       | CUSIP: 67515MAG3<br>LEI: 254900TWRKR5CRS1OX19 | Long             | ABS-CBDO         | CORP              | JE        |    480000 | PA      | $410718.91    | 0.31%             | 2038-01-20      | Floating      | 10.01%                | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                                                | TRGP 6.5 03/30/34                                                                                                                                      | CUSIP: 87612GAF8<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |     70000 | PA      | $75695.50     | 0.06%             | 2034-03-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                                 | NEFINA 8 04/15/30 144A                                                                                                                                 | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $288431.28    | 0.22%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 6.55 06/01/34                                                                                                                                     | CUSIP: 161175CR3<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |    310000 | PA      | $322011.99    | 0.24%             | 2034-06-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| OBRA CLO LTD                                                                         | OBRAC 2024-1A E                                                                                                                                        | CUSIP: 67443CAA5<br>LEI: 254900IXPSGZDGZO2P84 | Long             | ABS-CBDO         | CORP              | KY        |    390000 | PA      | $378133.43    | 0.28%             | 2038-01-20      | Floating      | 10.42%                | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                                                  | KMI 5.55 06/01/45                                                                                                                                      | CUSIP: 49456BAH4<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1431957.75   | 1.07%             | 2045-06-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings PLC                                                      | SANUK V5.136 09/22/36                                                                                                                                  | CUSIP: 80281LAY1<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    450000 | PA      | $434710.60    | 0.33%             | 2036-09-22      | Fixed         | 5.14%                 | No            |                  2 | On Loan: No      |
| Antofagasta PLC                                                                      | ANTOLN 5.625 05/13/32 144A                                                                                                                             | CUSIP: 03718NAB2<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |    900000 | PA      | $913256.10    | 0.69%             | 2032-05-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CARRIAGE PURCHASER INC                                                               | PSLOGI 7.875 10/15/29 144A                                                                                                                             | CUSIP: 14445LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    660000 | PA      | $630835.00    | 0.47%             | 2029-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                              | VENLNG 9.875 02/01/32 144A                                                                                                                             | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    380000 | PA      | $408301.64    | 0.31%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                                | NLSN 10.375 05/15/31 144A                                                                                                                              | CUSIP: 640695AC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403965.20    | 0.30%             | 2031-05-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                                                | FCX 5.45 03/15/43                                                                                                                                      | CUSIP: 35671DBC8<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    580000 | PA      | $549197.38    | 0.41%             | 2043-03-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MORTGAGE INVESTMENT TRUST 2006-3                                       | AHM 2007-A 4A                                                                                                                                          | CUSIP: 026933AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425983 | PA      | $79338.55     | 0.06%             | 2046-07-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Qazaqgaz National Co JSC                                                             | KZTGKZ 4.375 09/26/27 REGS                                                                                                                             | CUSIP: 000000000<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |    650000 | PA      | $645528.02    | 0.48%             | 2027-09-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO 2022-3 Ltd.                                                        | PLMRS 2022-3A D1R                                                                                                                                      | CUSIP: 69690ABC0<br>LEI: 5493000CAZ8VWJGUOH13 | Long             | ABS-CBDO         | CORP              | JE        |    110000 | PA      | $108946.62    | 0.08%             | 2037-07-20      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO LTD 2016-9                                                             | JTWN 2016-9A CR3                                                                                                                                       | CUSIP: 47048JBK8<br>LEI: 254900NFTK4YH0WYT485 | Long             | ABS-CBDO         | CORP              | KY        |    280000 | PA      | $278236.22    | 0.21%             | 2034-07-25      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Mercadolibre Inc                                                                     | MELI 3.125 01/14/31                                                                                                                                    | CUSIP: 58733RAF9<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1278031.72   | 0.96%             | 2031-01-14      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Marston's Issuer PLC                                                                 | MARSLN V0 07/16/35 B1                                                                                                                                  | CUSIP: 000000000<br>LEI: 213800HQB746UJ9UWM15 | Long             | ABS-O            | CORP              | GB        |    540000 | PA      | $666141.41    | 0.50%             | 2035-07-15      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V2.64 02/24/28                                                                                                                                      | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2361647.57   | 1.77%             | 2028-02-24      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                                                          | Asurion First-lien Term Loan B-14 375 2033-02-09                                                                                                       | CUSIP: 04649VBF6<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    250000 | PA      | $242032.50    | 0.18%             | 2033-03-11      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| FREEPORT MINERALS CORP                                                               | FCX 9.5 06/01/31                                                                                                                                       | CUSIP: 717265AL6<br>LEI: G4008SUSNH0WBKRVG414 | Long             | DBT              | CORP              | US        |     60000 | PA      | $71486.49     | 0.05%             | 2031-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| JB Poindexter & Co Inc                                                               | JBPOIN 8.75 12/15/31 144A                                                                                                                              | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    350000 | PA      | $355187.00    | 0.27%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Chimera Investment Corporation                                                       | Chimera Investment Corporation 7.75% SER C FIXED TO FLOAT CUM RED PFD STOCK                                                                            | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |      5224 | NS      | $103017.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                                                           | OXY 7.875 09/15/31                                                                                                                                     | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     60000 | PA      | $68290.74     | 0.05%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                 | CCL 6.125 02/15/33 144A                                                                                                                                | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    690000 | PA      | $697265.70    | 0.52%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                         | SNPS 5.15 04/01/35                                                                                                                                     | CUSIP: 871607AE7<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    570000 | PA      | $571293.62    | 0.43%             | 2035-04-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                              | MRP 6.375 08/01/30 144A                                                                                                                                | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    790000 | PA      | $790287.48    | 0.59%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BAYVIEW FINANCIAL ASSET TRUST 2007-SSR1                                              | BFAT 2007-SR1A M4                                                                                                                                      | CUSIP: 07325QAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     24405 | PA      | $24943.89     | 0.02%             | 2037-03-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Citadel Securities LP                                                                | Citadel Enterprise Term Loan B 200 2031-10-01                                                                                                          | CUSIP: 17288YAN2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |   2183154 | PA      | $2188164.61   | 1.64%             | 2031-10-31      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| WARWICK CAPITAL CLO 3 LTD                                                            | WWICK 2024-3A D                                                                                                                                        | CUSIP: 93655PAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    100000 | PA      | $99412.27     | 0.07%             | 2037-04-20      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 3.2 03/01/29                                                                                                                                        | CUSIP: 097023CD5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $482359.35    | 0.36%             | 2029-03-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd. / Aircastle Ireland DAC                                               | AYR 5.25 03/15/30 144A                                                                                                                                 | CUSIP: 00929JAB2<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    330000 | PA      | $332970.86    | 0.25%             | 2030-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP COMMERCIAL MORTGAGE TRUST 2015-P1                                          | CGCMT 2015-P1 D                                                                                                                                        | CUSIP: 17324DAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2298 | PA      | $2253.13      | 0.00%             | 2048-09-17      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                          | CRGYFN 7.375 01/15/33 144A                                                                                                                             | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    410000 | PA      | $410202.66    | 0.31%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Ford Motor Company                                                                   | F 3.25 02/12/32                                                                                                                                        | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    550000 | PA      | $477903.99    | 0.36%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                       | GBP/USD FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-848.13      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd                                                                | Black Diamond CLO 2021-1 Ltd                                                                                                                           | CUSIP: 09204WAM6<br>LEI: 549300IEWA7GZ3ECTT90 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $396675.08    | 0.30%             | 2034-11-22      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                                           | OKE 5.55 11/01/26                                                                                                                                      | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502976.91    | 0.38%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| HALSEYPOINT CLO LTD 2019-1                                                           | HLSY 2019-1A FR                                                                                                                                        | CUSIP: 40638CAN9<br>LEI: 549300POBLM5RW6LD816 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $439865.55    | 0.33%             | 2037-10-20      | Floating      | 14.40%                | No            |                  2 | On Loan: No      |
| Teck Resources Limited                                                               | TCKBCN 6 08/15/40                                                                                                                                      | CUSIP: 878742AS4<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | DBT              | CORP              | CA        |    210000 | PA      | $211426.68    | 0.16%             | 2040-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JBS USA LLC                                                                          | JBS 6.375 02/25/55                                                                                                                                     | CUSIP: 472140AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    620000 | PA      | $618245.03    | 0.46%             | 2055-02-25      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 5.7 06/01/34                                                                                                                                       | CUSIP: 126650ED8<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71961.36     | 0.05%             | 2034-06-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                         | THC 6 11/15/33 144A                                                                                                                                    | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    390000 | PA      | $394928.04    | 0.30%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                   | LADR 7 07/15/31 144A                                                                                                                                   | CUSIP: 505742AR7<br>LEI: 254900TBF2Z4GR7NSX02 | Long             | DBT              | CORP              | US        |    670000 | PA      | $693048.67    | 0.52%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Goldentree Loan Management US CLO 8 Ltd.                                             | GLM 2020-8A ERR                                                                                                                                        | CUSIP: 38136NBG0<br>LEI: 549300LOEERRNVSKVY31 | Long             | ABS-CBDO         | CORP              | KY        |    410000 | PA      | $406403.93    | 0.30%             | 2034-10-20      | Floating      | 9.42%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                                               | GM 6.6 04/01/36                                                                                                                                        | CUSIP: 37045VAK6<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    140000 | PA      | $149001.70    | 0.11%             | 2036-04-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital Inc.                                                                 | AHTLN 2.45 08/12/31 144A                                                                                                                               | CUSIP: 045054AP8<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1081526.58   | 0.81%             | 2031-08-12      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Senior Incorporated                                                     | ABR 8.5 12/15/28 144A                                                                                                                                  | CUSIP: 03881NAL1<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |    680000 | PA      | $668560.92    | 0.50%             | 2028-12-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc.                                                             | VSNT 7.25 01/30/31 144A                                                                                                                                | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307266.30    | 0.23%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 6.75 04/15/33                                                                                                                                       | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    190000 | PA      | $195052.66    | 0.15%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Suzano Austria GmbH                                                                  | SUZANO 3.75 01/15/31                                                                                                                                   | CUSIP: 86964WAJ1<br>LEI: 254900287ZNSGVP1R341 | Long             | DBT              | CORP              | AT        |   1000000 | PA      | $930140.28    | 0.70%             | 2031-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu SA                                                    | PETRPE 4.75 06/19/32 144A                                                                                                                              | CUSIP: 716564AA7<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    670000 | PA      | $531755.55    | 0.40%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd.                                                                     | SANLTD 3.25 08/08/31                                                                                                                                   | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   1340000 | PA      | $1213741.58   | 0.91%             | 2031-08-08      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Solventum Corp.                                                                      | SOLV 5.6 03/23/34                                                                                                                                      | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    850000 | PA      | $869234.74    | 0.65%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| United Air Lines, Inc.                                                               | UAL 4.625 04/15/29 144A                                                                                                                                | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1050503.42   | 0.79%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EchoStar Corp.                                                                       | SATS 3.875 11/30/30                                                                                                                                    | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     82932 | PA      | $296448.73    | 0.22%             | 2030-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                                                         | BHCCN 6.25 02/15/29 144A                                                                                                                               | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $75125.00     | 0.06%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                                                  | CMCSA 4.2 08/15/34                                                                                                                                     | CUSIP: 20030NBM2<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    920000 | PA      | $866410.92    | 0.65%             | 2034-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2020-DNA6                                              | STACR 2020-DNA6 B1                                                                                                                                     | CUSIP: 35566CBD6<br>LEI: 5493000ITBQFEOXM0S98 | Long             | ABS-O            | USGSE             | US        |    310000 | PA      | $328753.70    | 0.25%             | 2050-12-27      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVSPAS 6.943 01/10/30                                                                                                                                  | CUSIP: 126650BQ2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    157690 | PA      | $162388.71    | 0.12%             | 2030-01-10      | Fixed         | 6.94%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc.                                                               | BATSLN 5.85 08/15/45                                                                                                                                   | CUSIP: 761713BB1<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |    610000 | PA      | $591141.63    | 0.44%             | 2045-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Getty Images Inc.                                                                    | ABEGET 11.25 02/21/30 144A                                                                                                                             | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |     60000 | PA      | $54092.70     | 0.04%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| ArcelorMittal S.A.                                                                   | MTNA 7 10/15/39                                                                                                                                        | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    430000 | PA      | $467962.46    | 0.35%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                               | TFC V5.711 01/24/35 MTN                                                                                                                                | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    700000 | PA      | $722306.88    | 0.54%             | 2035-01-24      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Balboa Bay Loan Funding 2021-1 Ltd / Llc                                             | BOBA 2020-1A ERR                                                                                                                                       | CUSIP: 05766CAG1<br>LEI: 549300MALKZHG9DP8554 | Long             | ABS-CBDO         | CORP              | KY        |    440000 | PA      | $424534.44    | 0.32%             | 2035-10-22      | Floating      | 10.82%                | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                                              | MBGGR 8.5 01/18/31                                                                                                                                     | CUSIP: 233835AQ0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1158555.50   | 0.87%             | 2031-01-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Modena Buyer LLC                                                                     | MODENA BUYER LLC                                                                                                                                       | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    197500 | PA      | $177941.58    | 0.13%             | 2031-07-01      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                     | TEVA 4.1 10/01/46                                                                                                                                      | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $148499.22    | 0.11%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                                            | VNOM 5.7 08/01/35                                                                                                                                      | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    790000 | PA      | $796639.95    | 0.60%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                         | Spirit Aviation Holdings Inc. COM                                                                                                                      | CUSIP: 84863V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5706 | NS      | $1426.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITAS CLO XXVIII LTD / LLC                                                        | TRNTS 2024-27A D1                                                                                                                                      | CUSIP: 89642VAJ7<br>LEI: 254900JOSDBR04E6JB79 | Long             | ABS-CBDO         | CORP              | KY        |    110000 | PA      | $109944.44    | 0.08%             | 2037-04-20      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| Banco de Chile                                                                       | BNCHIL 2.99 12/09/31 144A                                                                                                                              | CUSIP: 059520AC0<br>LEI: 8B4EZFY8IHJC44TT2K84 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $362968.68    | 0.27%             | 2031-12-09      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                                       | BRITEL 5.125 12/04/28                                                                                                                                  | CUSIP: 111021AL5<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $507715.66    | 0.38%             | 2028-12-04      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 5.25 04/02/35                                                                                                                                       | CUSIP: 92343VGZ1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70111.22     | 0.05%             | 2035-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLDING LUX SARL                                                             | JBS 5.95 04/20/35                                                                                                                                      | CUSIP: 472140AB8<br>LEI: RB8RC03FUD8DSX57C193 | Long             | DBT              | CORP              | LU        |    750000 | PA      | $779297.91    | 0.58%             | 2035-04-20      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                                                     | WULF 7.75 10/15/30 144A                                                                                                                                | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $528657.50    | 0.40%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                                           | VMED 4.5 07/15/31 144A                                                                                                                                 | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $557873.99    | 0.42%             | 2031-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V7 PERP 144a                                                                                                                                       | CUSIP: 225401BH0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    340000 | PA      | $336998.90    | 0.25%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                             | SFRFP 9.5 11/01/29 144A                                                                                                                                | CUSIP: 02090DAA6<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    821481 | PA      | $830690.62    | 0.62%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| WW International Inc                                                                 | WW INTERNATIONAL INC                                                                                                                                   | CUSIP: 92941PAE3<br>LEI: SGT8R1MU6ESIC7UJC518 | Long             | LON              | CORP              | N/A       |    859391 | PA      | $634230.50    | 0.48%             | 2030-06-24      | Floating      | 10.51%                | No            |                  2 | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                  | AXL 7.75 10/15/33 144A                                                                                                                                 | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    470000 | PA      | $457833.11    | 0.34%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                    | CSCHLD 4.5 11/15/31 144a                                                                                                                               | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    740000 | PA      | $439854.96    | 0.33%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kraft Heinz Foods Company                                                            | KHC 5.5 06/01/50                                                                                                                                       | CUSIP: 50077LBJ4<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |    340000 | PA      | $304165.09    | 0.23%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C 4.125 07/25/28                                                                                                                                       | CUSIP: 172967KU4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    800000 | PA      | $793416.78    | 0.60%             | 2028-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                               | OCPMR 6.75 05/02/34 144A                                                                                                                               | CUSIP: 67091TAF2<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |   1220000 | PA      | $1270406.81   | 0.95%             | 2034-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                            | SUN V7.875 PERP 144A                                                                                                                                   | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    512000 | PA      | $523154.43    | 0.39%             | N/A             | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                                       | USD/EUR FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8689.66      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 47 LTD                                                   | OCT47 2020-1A ER2                                                                                                                                      | CUSIP: 67576YAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $483996.20    | 0.36%             | 2038-01-22      | Floating      | 9.67%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                        | Deutsche Bank Securities                                                                                                                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |   -448887 | PA      | $-448887.31   | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| ARES XLIV CLO LTD                                                                    | ARES 2017-44A CRR                                                                                                                                      | CUSIP: 04016NBR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $247290.43    | 0.19%             | 2034-04-17      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CAPITAL FOUR US CLO IV LTD                                                           | C4US 2025-4A D1                                                                                                                                        | CUSIP: 14016BAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    340000 | PA      | $341802.71    | 0.26%             | 2038-10-18      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| Legg Mason Partners Institutional Trust                                              | Legg Mason Partners Institutional Trust GVT RSEVS PRM                                                                                                  | CUSIP: 52470G494<br>LEI: 549300WB3XRN9YTWFB76 | Long             | STIV             | RF                | US        |    183470 | NS      | $183470.07    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                                                            | PRXNA 4.193 01/19/32 REGS                                                                                                                              | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $282566.76    | 0.21%             | 2032-01-19      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                     | CFELEC 3.348 02/09/31 144A                                                                                                                             | CUSIP: 200447AH3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $358615.60    | 0.27%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating LP                                                       | WES 4.05 02/01/30                                                                                                                                      | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1068535.49   | 0.80%             | 2030-02-01      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| SEQUOIA MORTGAGE TRUST 2003-2                                                        | SEMT 2003-2 A2                                                                                                                                         | CUSIP: 81743PAQ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      1412 | PA      | $1395.49      | 0.00%             | 2033-06-20      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. LTD                                                                     | BHCCN 10 04/15/32 144A                                                                                                                                 | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1070000 | PA      | $1096417.23   | 0.82%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                                 | LVS 5.625 06/15/28                                                                                                                                     | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60793.24     | 0.05%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cyprium Corp./Cyprium Holdings Luxembourg S.a r.l.                                   | VGNT 6.375 04/15/34 144A                                                                                                                               | CUSIP: 23292NAB4<br>LEI: 254900V7LN9S9W17X250 | Long             | DBT              | CORP              | US        |    180000 | PA      | $175165.56    | 0.13%             | 2034-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Williams Companies Inc. (The)                                                        | WMB 7.5 01/15/31 A                                                                                                                                     | CUSIP: 969457BB5<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |    443000 | PA      | $495363.40    | 0.37%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                                                    | CSCHLD 11.75 01/31/29 144A                                                                                                                             | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    550000 | PA      | $398073.50    | 0.30%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                     | TEVA 5.125 05/09/29                                                                                                                                    | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    646000 | PA      | $644323.37    | 0.48%             | 2029-05-09      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Park-Ohio Industries, Inc.                                                           | PKOH 8.5 08/01/30 144A                                                                                                                                 | CUSIP: 700677AS6<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |    290000 | PA      | $297483.45    | 0.22%             | 2030-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Amgen Inc.                                                                           | AMGN 5.15 03/02/28                                                                                                                                     | CUSIP: 031162DP2<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    700000 | PA      | $710568.25    | 0.53%             | 2028-03-02      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                          | FMCN 6.375 02/15/36 144A                                                                                                                               | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1080000 | PA      | $1039809.74   | 0.78%             | 2036-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 7.079 08/02/43                                                                                                                                  | CUSIP: 054989AC2<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    550000 | PA      | $605012.88    | 0.45%             | 2043-08-02      | Fixed         | 7.08%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                    | SFRFP 10 01/15/33 144A                                                                                                                                 | CUSIP: 020956AA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    164000 | PA      | $149238.02    | 0.11%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                       | MEX 4.35 01/15/47                                                                                                                                      | CUSIP: 91087BAB6<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   1750000 | PA      | $1284500.00   | 0.96%             | 2047-01-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                             | JANEST 7.125 04/30/31 144A                                                                                                                             | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    660000 | PA      | $678853.56    | 0.51%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                        | DEUTSCHE BANK SECURITIES                                                                                                                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |  -2249545 | PA      | $-2249544.63  | -1.69%            |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2024-R02 1M2                                                                                                                                       | CUSIP: 20754GAE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    520000 | PA      | $520870.58    | 0.39%             | 2044-02-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                                               | PARGUY 6.65 03/04/55 144A                                                                                                                              | CUSIP: 699149BY5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    300000 | PA      | $312120.00    | 0.23%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Aag FH UK PLC / Global Auto Holdings PLC                                             | GLOBAU 11.5 08/15/29 144A                                                                                                                              | CUSIP: 00033YAA4<br>LEI: 984500ADEF1BB0584352 | Long             | DBT              | CORP              | GB        |    740000 | PA      | $736868.32    | 0.55%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| The Cigna Group                                                                      | CI 2.4 03/15/30                                                                                                                                        | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $924085.41    | 0.69%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                              | EQMSRM 8.625 05/15/32 144A                                                                                                                             | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    210000 | PA      | $219451.89    | 0.16%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                 | ASUCOR 8 12/31/32 144A                                                                                                                                 | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    870000 | PA      | $903310.55    | 0.68%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO XVI LTD                                                             | OCTR 2024-16A E                                                                                                                                        | CUSIP: 674914AA4<br>LEI: 254900R3RT6TSDP3UQ20 | Long             | ABS-CBDO         | CORP              | KY        |    170000 | PA      | $162543.51    | 0.12%             | 2038-01-20      | Floating      | 10.36%                | No            |                  2 | On Loan: No      |
| Blackhawk Network Holdings Inc.                                                      | Blackhawk Network Holdings Term Loan B 350 2029-03-01                                                                                                  | CUSIP: 09238FAN1<br>LEI: 549300LFU3K8UIR03132 | Long             | LON              | CORP              | US        |    118206 | PA      | $116861.41    | 0.09%             | 2029-03-12      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| Spirit Airlines, LLC                                                                 | Spirit Airlines, LLC Second DIP New Money Delayed TL                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     12178 | PA      | $12056.10     | 0.01%             | 2026-07-14      | Floating      | 11.68%                | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                                                        | NFLX 6.375 05/15/29                                                                                                                                    | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    310000 | PA      | $328594.14    | 0.25%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE TRUST 2004-W15                                                            | FNW 2004-W15 1A2                                                                                                                                       | CUSIP: 31394BZ72<br>LEI: 549300KIT83OL5QXFU28 | Long             | ABS-O            | USGSE             | US        |     27509 | PA      | $28507.83     | 0.02%             | 2044-08-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MFA Financial Inc.                                                                   | MFA Financial Inc. 6.50% SERIES C FIXED-TO-FLOATING RATE CUMULATIVE REDEEMABLE PREFERRED STOCK                                                         | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |      9538 | NS      | $201919.46    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies Inc                                                                 | RKT 6.125 08/01/30 144A                                                                                                                                | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1010000 | PA      | $1019945.47   | 0.77%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVS 3.25 08/15/29                                                                                                                                      | CUSIP: 126650DG2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $479230.34    | 0.36%             | 2029-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Pfizer Inc.                                                                          | PFE 3 12/15/26                                                                                                                                         | CUSIP: 717081EA7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497058.03    | 0.37%             | 2026-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Carnival PLC                                                                         | CCL 1 10/28/29                                                                                                                                         | CUSIP: 14365CAA1<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |   1210000 | PA      | $1271084.21   | 0.95%             | 2029-10-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Freeport-McMoRan Inc.                                                                | FCX 5.4 11/14/34                                                                                                                                       | CUSIP: 35671DBJ3<br>LEI: 549300IRDTHJQ1PVET45 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223350.84    | 0.17%             | 2034-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| B.A.T. Capital Corporation                                                           | BATSLN 5.625 08/15/35                                                                                                                                  | CUSIP: 05526DCC7<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |    320000 | PA      | $329224.46    | 0.25%             | 2035-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sabine Pass Liquefaction, LLC                                                        | SPLLLC 5 03/15/27                                                                                                                                      | CUSIP: 785592AS5<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1853695.93   | 1.39%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Merit Securities Corp                                                                | MESC 11PA B3                                                                                                                                           | CUSIP: 589962DH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    235210 | PA      | $200668.61    | 0.15%             | 2032-09-28      | Variable      | 7.21%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                                               | GM 4.2 10/01/27                                                                                                                                        | CUSIP: 37045VAN0<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    750000 | PA      | $746245.79    | 0.56%             | 2027-10-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing BV                                                              | ZIGGO 7.5 01/15/33 144A                                                                                                                                | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    280000 | PA      | $264179.69    | 0.20%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| American Money Management Corp                                                       | AMMC CLO 24 Ltd                                                                                                                                        | CUSIP: 00177MAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    320000 | PA      | $294309.09    | 0.22%             | 2035-01-20      | Floating      | 10.17%                | No            |                  2 | On Loan: No      |
| Northern Oil And Gas, Inc.                                                           | NOG 7.875 10/15/33 144A                                                                                                                                | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    190000 | PA      | $196708.52    | 0.15%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Apex Credit Clo 2019-II Ltd.                                                         | APEXC 2019-2A ERR                                                                                                                                      | CUSIP: 03755DAE2<br>LEI: 549300OKB854VBBC1981 | Long             | ABS-CBDO         | CORP              | KY        |    420000 | PA      | $353035.54    | 0.26%             | 2038-01-25      | Variable      | 11.34%                | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V5.79 05/13/36                                                                                                                                    | CUSIP: 404280EX3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $411321.32    | 0.31%             | 2036-05-13      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| Santander UK Group Holdings PLC                                                      | SANUK 5.625 09/15/45 144A                                                                                                                              | CUSIP: 80281LAB1<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $913544.75    | 0.69%             | 2045-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                                         | USD/GBP FORWARD                                                                                                                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8873.24      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 7.75 05/01/35 144A                                                                                                                              | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    340000 | PA      | $381277.02    | 0.29%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                   | DOMREP 4.875 09/23/32 144A                                                                                                                             | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    380000 | PA      | $351082.00    | 0.26%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Continental Resources, Inc.                                                          | CLR 4.9 06/01/44                                                                                                                                       | CUSIP: 212015AQ4<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $197475.71    | 0.15%             | 2044-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NEW MOUNTAIN CLO 5 LTD                                                               | NMC CLO-5A D1R                                                                                                                                         | CUSIP: 64754WAQ6<br>LEI: 2549000KVE2J1UOHZ207 | Long             | ABS-CBDO         | CORP              | KY        |    290000 | PA      | $287609.50    | 0.22%             | 2036-07-20      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                    | HSBC V3.973 05/22/30                                                                                                                                   | CUSIP: 404280CC1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1130000 | PA      | $1106629.91   | 0.83%             | 2030-05-22      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc.                                                                          | ABBV 5.05 03/15/34                                                                                                                                     | CUSIP: 00287YDU0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    500000 | PA      | $507638.15    | 0.38%             | 2034-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating LP                                                       | WES 6.15 04/01/33                                                                                                                                      | CUSIP: 958667AE7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     70000 | PA      | $73097.00     | 0.05%             | 2033-04-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Lennar Corp.                                                                         | LEN 5 06/15/27                                                                                                                                         | CUSIP: 526057CV4<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    430000 | PA      | $431043.49    | 0.32%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                                                   | TMUS 3.5 04/15/31                                                                                                                                      | CUSIP: 87264ABW4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1078562.44   | 0.81%             | 2031-04-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                     | TKCHOL 8.5 08/15/30 144A                                                                                                                               | CUSIP: 87256YAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    460000 | PA      | $464160.70    | 0.35%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Dryden 41 Senior Loan Fund LLC                                                       | DRSLF 2015-41A DR                                                                                                                                      | CUSIP: 26244KAU0<br>LEI: 5493000CMI5L15ZSNM78 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501303.60    | 0.38%             | 2031-04-15      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Galaxy XXII CLO Ltd/Galaxy XXII CLO LLC                                              | GALXY 2016-22A DR4                                                                                                                                     | CUSIP: 36320TBT9<br>LEI: 54930022KENWLYJ8SJ86 | Long             | ABS-CBDO         | CORP              | KY        |    320000 | PA      | $315396.58    | 0.24%             | 2034-04-17      | Variable      | 6.46%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V5.536 01/28/36                                                                                                                                     | CUSIP: 38141GC44<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    260000 | PA      | $264399.06    | 0.20%             | 2036-01-28      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| Comcast Corporation                                                                  | CMCSA 7.05 03/15/33                                                                                                                                    | CUSIP: 20030NAC5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1123482.11   | 0.84%             | 2033-03-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                       | ZFFNGR 7.5 03/24/31 144A                                                                                                                               | CUSIP: 98877DAH8<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    310000 | PA      | $304757.96    | 0.23%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Nexus Buyer LLC                                                                      | NEXUS BUYER LLC                                                                                                                                        | CUSIP: 65343UAH5<br>LEI: 254900PILSANV8WOOF24 | Long             | LON              | CORP              | US        |    246886 | PA      | $238090.61    | 0.18%             | 2031-07-31      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| NGPL Pipe Co LLC                                                                     | NGPLCO 7.768 12/15/37 144A                                                                                                                             | CUSIP: 62912XAC8<br>LEI: 549300K3NT1HSQFEM073 | Long             | DBT              | CORP              | US        |    490000 | PA      | $567753.54    | 0.43%             | 2037-12-15      | Fixed         | 7.77%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                      | CVSPAS 6.036 12/10/28                                                                                                                                  | CUSIP: 126650BP4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    117723 | PA      | $118850.77    | 0.09%             | 2028-12-10      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| CHL MORTGAGE PASS-THROUGH TRUST 2005-7                                               | CWHL 2005-7 1A1                                                                                                                                        | CUSIP: 12669GNL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    112390 | PA      | $107007.13    | 0.08%             | 2035-03-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                                | CAS 2023-R06 1M2                                                                                                                                       | CUSIP: 20754EAB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |    560000 | PA      | $572843.82    | 0.43%             | 2043-07-27      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                                       | MS V2.699 01/22/31 GMTN                                                                                                                                | CUSIP: 6174468L6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    500000 | PA      | $464387.05    | 0.35%             | 2031-01-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                               | MPW 4.625 08/01/29                                                                                                                                     | CUSIP: 55342UAJ3<br>LEI: 254900U6E39J1MQCCY14 | Long             | DBT              | CORP              | US        |    200000 | PA      | $155749.96    | 0.12%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                                           | S 6.875 11/15/28                                                                                                                                       | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    420000 | PA      | $444155.92    | 0.33%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fox Corporation                                                                      | FOXA 3.5 04/08/30                                                                                                                                      | CUSIP: 35137LAL9<br>LEI: 549300DDU6FDRBIELS05 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480603.61    | 0.36%             | 2030-04-08      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                              | EQMSRM 8 03/15/33 144A                                                                                                                                 | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    700000 | PA      | $723446.82    | 0.54%             | 2033-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                   | VEGLPL 6.75 01/15/36 144A                                                                                                                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    220000 | PA      | $233156.44    | 0.17%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V6.537 08/12/33 144A                                                                                                                               | CUSIP: 225401AZ1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    770000 | PA      | $829434.30    | 0.62%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc.                                                                 | ELV 4.1 05/15/32                                                                                                                                       | CUSIP: 036752AT0<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    750000 | PA      | $720412.65    | 0.54%             | 2032-05-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                                                   | MO 3.4 02/04/41                                                                                                                                        | CUSIP: 02209SBM4<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $755604.80    | 0.57%             | 2041-02-04      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V6.5 PERP OO                                                                                                                                       | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026715.00   | 0.77%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Tutor Perini Corporation                                                             | TPC 11.875 04/30/29 144A                                                                                                                               | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |    210000 | PA      | $230180.79    | 0.17%             | 2029-04-30      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| Elevation Clo 2016-5 Ltd                                                             | AWPT 2016-5A ERR                                                                                                                                       | CUSIP: 28623BAC7<br>LEI: 549300IH854FT1JLRT08 | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $383125.80    | 0.29%             | 2038-01-25      | Variable      | 11.25%                | No            |                  2 | On Loan: No      |
| EchoStar Corp.                                                                       | SATS 10.75 11/30/29 .                                                                                                                                  | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   1231800 | PA      | $1331410.46   | 1.00%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                                                    | WFC V6.125 PERP GG                                                                                                                                     | CUSIP: 95002YAE3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    380000 | PA      | $381530.90    | 0.29%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Avolon Holdings Funding Ltd.                                                         | AVOL 2.75 02/21/28 144A                                                                                                                                | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $964920.58    | 0.72%             | 2028-02-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2022-DNA2                                              | STACR 2022-DNA2 M2                                                                                                                                     | CUSIP: 35564KRN1<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-O            | USGSE             | US        |    910000 | PA      | $929224.84    | 0.70%             | 2042-02-25      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| Capstone Borrower Inc.                                                               | CVT 8 06/15/30 144A                                                                                                                                    | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    210000 | PA      | $200848.18    | 0.15%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Granite Ridge Resources Inc                                                          | GRNT 8.875 11/05/29                                                                                                                                    | CUSIP: 387432AA5<br>LEI: 254900CAHJQKOQ1YZC67 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1154250.00   | 0.87%             | 2029-11-05      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Western Midstream Operating LP                                                       | WES 5.25 02/01/50                                                                                                                                      | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |   1680000 | PA      | $1418241.45   | 1.06%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                              | NXST 6.5 09/15/33 144A                                                                                                                                 | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008224.00   | 0.76%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Getty Images Inc.                                                                    | ABEGET 10.5 11/15/30 144A                                                                                                                              | CUSIP: 374276AR4<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    320000 | PA      | $287289.41    | 0.22%             | 2030-11-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Altice France SAS                                                                    | SFRFP 6.875 07/15/32 144A                                                                                                                              | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    236281 | PA      | $224096.81    | 0.17%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                                          | VZ 2.355 03/15/32                                                                                                                                      | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $436607.60    | 0.33%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                     | CYH 9.75 01/15/34 144A                                                                                                                                 | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    530000 | PA      | $550732.60    | 0.41%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa S.A.B.                                                                | TELVIS 5 05/13/45                                                                                                                                      | CUSIP: 40049JBA4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |    550000 | PA      | $342049.96    | 0.26%             | 2045-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WBI Operations LLC                                                                   | WBI 6.5 10/15/33 144A                                                                                                                                  | CUSIP: 92944BAB7<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |    310000 | PA      | $307847.05    | 0.23%             | 2033-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corporation                                                             | DVN 5.6 07/15/41                                                                                                                                       | CUSIP: 25179MAL7<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |    600000 | PA      | $581034.40    | 0.44%             | 2041-07-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE ESCROW CL                                                              | CREDIT SUISSE ESCROW CL                                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2560000 | PA      | $0.00         | 0.00%             | 2050-01-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| United Air Lines, Inc.                                                               | United Airlines Term Loan B 175 2031-02-01                                                                                                             | CUSIP: 90932RAQ7<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |    715498 | PA      | $715276.70    | 0.54%             | 2031-02-24      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital Designated Activity Co. / AerCap Global Aviation Trust (AER)  | AER 5 11/15/35                                                                                                                                         | CUSIP: 00774MBS3<br>LEI: 549300TI38531ODB1G63 | Long             | DBT              | CORP              | IE        |    720000 | PA      | $695968.30    | 0.52%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vale Overseas Limited                                                                | VALEBZ 6.875 11/10/39                                                                                                                                  | CUSIP: 91911TAK9<br>LEI: 254900BA3U6G5DNV5V04 | Long             | DBT              | CORP              | KY        |    940000 | PA      | $1038869.20   | 0.78%             | 2039-11-10      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST SERIES 2005-5N                                                       | SASC 2003-9A 2A2                                                                                                                                       | CUSIP: 86359ARF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13470 | PA      | $13190.41     | 0.01%             | 2033-03-25      | Variable      | 5.28%                 | No            |                  2 | On Loan: No      |
| Sotera Health Holdings LLC                                                           | STENOR 7.375 06/01/31 144A                                                                                                                             | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    480000 | PA      | $496427.04    | 0.37%             | 2031-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                                            | TIBX 8.25 06/30/32 144A                                                                                                                                | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    460000 | PA      | $436648.06    | 0.33%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                                           | S 8.75 03/15/32                                                                                                                                        | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |     30000 | PA      | $35687.22     | 0.03%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| OCP CLO 2023-26 Ltd / OCP CLO 2023-26 LLC                                            | OCP 2023-26A ER                                                                                                                                        | CUSIP: 67351PAG3<br>LEI: 254900Y4WANLHOK54N29 | Long             | ABS-CBDO         | CORP              | JE        |    310000 | PA      | $299864.80    | 0.22%             | 2037-04-17      | Floating      | 8.12%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                                       | C V6.625 PERP                                                                                                                                          | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    240000 | PA      | $240343.26    | 0.18%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| AMMC CLO 27 LTD                                                                      | AMMC 2022-27A DR                                                                                                                                       | CUSIP: 00173UBA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    150000 | PA      | $148865.30    | 0.11%             | 2037-01-20      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                           | BA 3.25 02/01/35                                                                                                                                       | CUSIP: 097023CP8<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    240000 | PA      | $205840.37    | 0.15%             | 2035-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| LUXCO3 DUMMY EQUITY                                                                  | LUXCO3 DUMMY EQUITY                                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8602 | NS      | $146405.10    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Centerpoint Energy Houston Electric LLC                                              | CNP 5.05 03/01/35                                                                                                                                      | CUSIP: 15189XBF4<br>LEI: 549300S8SEQBOJLKHW63 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498396.29    | 0.37%             | 2035-03-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| KKR Group Finance Co VI LLC                                                          | KKR 3.75 07/01/29 144a                                                                                                                                 | CUSIP: 48252AAA9<br>LEI: 549300TUJWGHJM3FSJ07 | Long             | DBT              | CORP              | US        |    500000 | PA      | $484035.14    | 0.36%             | 2029-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings Llc                                                             | CE 7 02/15/31                                                                                                                                          | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    110000 | PA      | $113031.49    | 0.08%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JSC National Company KazMunayGas                                                     | KZOKZ 3.5 04/14/33 144A                                                                                                                                | CUSIP: 48126PAA0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |   1120000 | PA      | $1006340.89   | 0.75%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Tengizchevroil Finance Company International Ltd.                                    | TENGIZ 3.25 08/15/30 REGS                                                                                                                              | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    700000 | PA      | $647252.43    | 0.49%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                         | BACR 5.2 05/12/26                                                                                                                                      | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1000665.92   | 0.75%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Western Asset Premier Bond Fund

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer