# EDGAR Filing Document

**Accession Number:** 0001989582
**File Stem:** 0000940400-25-011180
**Filing Date:** 2025-11
**Character Count:** 309017
**Document Hash:** 05d7ee1cf9f1bfcd1868cb0b0e2d72d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011180.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000940400-25-011180

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PGIM Credit Income Fund
- **CENTRAL INDEX KEY:** 0001989582

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23894
- **FILM NUMBER:** 251531602

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** 973-802-2761

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

## Nport-Ex

### PGIM Credit Income Fund

### Schedule of Investments (unaudited)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Long-Term Investments 129.2%** | **Long-Term Investments 129.2%** | **Long-Term Investments 129.2%** | **Long-Term Investments 129.2%** | **Long-Term Investments 129.2%** | **Long-Term Investments 129.2%** |
| **Asset-Backed Securities 19.5%** | **Asset-Backed Securities 19.5%** | **Asset-Backed Securities 19.5%** | **Asset-Backed Securities 19.5%** | **Asset-Backed Securities 19.5%** | **Asset-Backed Securities 19.5%** |
| **Automobiles 0.2%** | **Automobiles 0.2%** | **Automobiles 0.2%** | **Automobiles 0.2%** | **Automobiles 0.2%** | **Automobiles 0.2%** |
| Huntington Bank Auto Credit-Linked Notes,<br> Series 2024-01, Class D, 144A, 30 Day Average SOFR + 5.250% (Cap N/A, Floor 0.000%) | 9.639 %(c) | &nbsp;&nbsp;05/20/32 |  | &nbsp;&nbsp;&nbsp;203 | &nbsp;&nbsp; $208324 |
| **Collateralized Loan Obligations 17.1%** | **Collateralized Loan Obligations 17.1%** | **Collateralized Loan Obligations 17.1%** | **Collateralized Loan Obligations 17.1%** | **Collateralized Loan Obligations 17.1%** | **Collateralized Loan Obligations 17.1%** |
| Atlas Senior Loan Fund Ltd. (Cayman Islands),<br> Series 2021-16A, Class D, 144A, 3 Month SOFR + 3.962% (Cap N/A, Floor 3.700%) | 8.287(c) | &nbsp;&nbsp;01/20/34 |  | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100967 |
| Barings Euro CLO DAC (Ireland),<br> Series 2024-01A, Class D, 144A, 3 Month EURIBOR + 4.500% (Cap N/A, Floor 4.500%) | 6.524(c) | &nbsp;&nbsp;07/20/37 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179096 |
| Barrow Hanley CLO Ltd. (Cayman Islands),<br> Series 2024-03A, Class D, 144A, 3 Month SOFR + 4.150% (Cap N/A, Floor 4.150%) | 8.475(c) | &nbsp;&nbsp;04/20/37 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020658 |
| Carlyle Euro CLO DAC (Ireland),<br> Series 2022-05A, Class CR, 144A, 3 Month EURIBOR + 4.150% (Cap N/A, Floor 4.150%) | 6.089(c) | &nbsp;&nbsp;04/25/37 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1176028 |
| CQS US CLO Ltd. (United Kingdom),<br> Series 2023-03A, Class D, 144A, 3 Month SOFR + 4.200% (Cap N/A, Floor 4.200%) | 8.518(c) | &nbsp;&nbsp;01/25/37 |  | 1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1508761 |
| Elevation CLO Ltd. (Cayman Islands),<br> Series 2021-12A, Class D2R, 144A, 3 Month SOFR + 5.360% (Cap N/A, Floor 5.360%) | 9.685(c) | &nbsp;&nbsp;04/20/37 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005706 |
| Hayfin Emerald CLO DAC (Ireland),<br> Series 05A, Class DR, 144A, 3 Month EURIBOR + 4.160% (Cap N/A, Floor 4.160%) | 6.194(c) | &nbsp;&nbsp;11/17/37 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1175404 |
| KKR CLO Ltd. (United Kingdom),<br> Series 2022-43A, Class DR, 144A, 3 Month SOFR + 4.950% (Cap N/A, Floor 4.950%) | 9.268(c) | &nbsp;&nbsp;01/15/36 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011389 |
| Monument CLO DAC (Ireland),<br> Series 01A, Class D, 144A, 3 Month EURIBOR + 4.350% (Cap N/A, Floor 4.350%) | 6.386(c) | &nbsp;&nbsp;05/15/37 | &nbsp;&nbsp;EUR | 1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1780665 |
| Nassau Euro CLO DAC (Ireland),<br> Series 04A, Class D, 144A, 3 Month EURIBOR + 3.950% (Cap N/A, Floor 3.950%) | 5.974(c) | &nbsp;&nbsp;07/20/38 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1178631 |
| Northwoods Capital Ltd. (Cayman Islands),<br> Series 2020-22A, Class DRR, 144A, 3 Month SOFR + 4.950% (Cap N/A, Floor 4.950%) | 8.971(c) | &nbsp;&nbsp;09/16/31 |  | &nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;951635 |
| OFSI BSL CLO Ltd. (Cayman Islands),<br> Series 2024-13A, Class D1, 144A, 3 Month SOFR + 4.500% (Cap N/A, Floor 4.500%) | 8.825(c) | &nbsp;&nbsp;04/20/37 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009014 |
| Silver Rock CLO (Cayman Islands),<br> Series 2023-03A, Class D, 144A, 3 Month SOFR + 5.050% (Cap N/A, Floor 5.050%) | 9.375(c) | &nbsp;&nbsp;01/20/36 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002499 |
| Tikehau US CLO Ltd. (Bermuda),<br> Series 2022-02A, Class D1R, 144A, 3 Month SOFR + 5.150% (Cap N/A, Floor 5.150%) | 9.475(c) | &nbsp;&nbsp;01/20/36 |  | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2008141 |
| Z Capital Credit Partners BSL CLO Ltd. (Cayman Islands),<br> Series 2024-01A, Class C, 144A, 3 Month SOFR + 3.650% (Cap N/A, Floor 3.650%) | 7.968(c) | &nbsp;&nbsp;04/16/36 |  | 1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1512185 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18620779 |
| **Consumer Loans 0.8%** | **Consumer Loans 0.8%** | **Consumer Loans 0.8%** | **Consumer Loans 0.8%** | **Consumer Loans 0.8%** | **Consumer Loans 0.8%** |
| Affirm Asset Securitization Trust,<br> Series 2024-A, Class 1E, 144A | 9.170 | &nbsp;&nbsp;02/15/29 |  | &nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856881 |
| **Credit Cards 0.9%** | **Credit Cards 0.9%** | **Credit Cards 0.9%** | **Credit Cards 0.9%** | **Credit Cards 0.9%** | **Credit Cards 0.9%** |
| Genesis Sales Finance Master Trust,<br> Series 2024-B, Class B, 144A | 6.260 | &nbsp;&nbsp;12/20/32 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1007575 |
| **Equipment 0.5%** | **Equipment 0.5%** | **Equipment 0.5%** | **Equipment 0.5%** | **Equipment 0.5%** | **Equipment 0.5%** |
| MetroNet Infrastructure Issuer LLC,<br> Series 2025-02A, Class C, 144A | 7.830 | &nbsp;&nbsp;08/20/55 |  | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507432 |
| **Total Asset-Backed Securities<br> (cost $20,390,025)** | **Total Asset-Backed Securities<br> (cost $20,390,025)** | **Total Asset-Backed Securities<br> (cost $20,390,025)** | **Total Asset-Backed Securities<br> (cost $20,390,025)** | **Total Asset-Backed Securities<br> (cost $20,390,025)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21200991 |
| **Commercial Mortgage-Backed Securities 16.7%** | **Commercial Mortgage-Backed Securities 16.7%** | **Commercial Mortgage-Backed Securities 16.7%** | **Commercial Mortgage-Backed Securities 16.7%** | **Commercial Mortgage-Backed Securities 16.7%** | **Commercial Mortgage-Backed Securities 16.7%** |
| ARES Trust,<br> Series 2025-IND03, Class D, 144A, 1 Month SOFR + 2.550% (Cap N/A, Floor 2.550%) | 6.700(c) | &nbsp;&nbsp;04/15/42 |  | &nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450281 |
| Benchmark Mortgage Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-V05, Class XD, IO, 144A | 3.205(cc) | &nbsp;&nbsp;01/10/57 |  | 8000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-V06, Class XD, IO | 3.502(cc) | &nbsp;&nbsp;03/15/57 |  | 6000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586760 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** | **Commercial Mortgage-Backed Securities (Continued)** |
| BFLD Mortgage Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-VICT, Class B, 144A, 1 Month SOFR + 2.589% (Cap N/A, Floor 2.589%) | 6.739 %(c) | &nbsp;&nbsp;07/15/41 |  | &nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp; $698250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-WRHS, Class E, 144A, 1 Month SOFR + 3.689% (Cap N/A, Floor 3.689%) | 7.839(c) | &nbsp;&nbsp;08/15/26 |  | &nbsp;&nbsp;&nbsp;927 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;924680 |
| BMO Mortgage Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-05C3, Class XD, IO, 144A | 3.088(cc) | &nbsp;&nbsp;02/15/57 |  | 7250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-05C5, Class XD, IO, 144A | 2.711(cc) | &nbsp;&nbsp;02/15/57 |  | 3975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317321 |
| BPR Trust,<br> Series 2021-TY, Class D, 144A, 1 Month SOFR + 2.464% (Cap N/A, Floor 2.350%) | 6.615(c) | &nbsp;&nbsp;09/15/38 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;997526 |
| BX Commercial Mortgage Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-AIRC, Class D, 144A, 1 Month SOFR + 3.089% (Cap N/A, Floor 3.089%) | 7.239(c) | &nbsp;&nbsp;08/15/39 |  | &nbsp;&nbsp;&nbsp;936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;938531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-BCAT, Class E, 144A, 1 Month SOFR + 3.500% (Cap N/A, Floor 3.500%) | 7.650(c) | &nbsp;&nbsp;08/15/42 |  | &nbsp;&nbsp;&nbsp;958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SPOT, Class D, 144A, 1 Month SOFR + 2.492% (Cap N/A, Floor 2.492%) | 6.642(c) | &nbsp;&nbsp;04/15/40 |  | &nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-SPOT, Class E, 144A, 1 Month SOFR + 3.690% (Cap N/A, Floor 3.690%) | 7.840(c) | &nbsp;&nbsp;04/15/40 |  | &nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499166 |
| BX Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2022-LBA06, Class E, 144A, 1 Month SOFR + 2.700% (Cap N/A, Floor 2.700%) | 6.850(c) | &nbsp;&nbsp;01/15/39 |  | &nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-DIME, Class E, 144A, 1 Month SOFR + 3.000% (Cap N/A, Floor 3.000%) | 7.150(c) | &nbsp;&nbsp;02/15/35 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-ROIC, Class E, 144A, 1 Month SOFR + 2.941% (Cap N/A, Floor 2.941%) | 7.091(c) | &nbsp;&nbsp;03/15/30 |  | &nbsp;&nbsp;&nbsp;747 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2025-TAIL, Class E, 144A, 1 Month SOFR + 3.300% (Cap N/A, Floor 3.300%) | 7.450(c) | &nbsp;&nbsp;06/15/35 |  | &nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;939607 |
| GS Mortgage Securities Corp. Trust,<br> Series 2025-800D, Class A, 144A, 1 Month SOFR + 2.650% (Cap N/A, Floor 2.650%) | 6.786(c) | &nbsp;&nbsp;11/25/41 |  | &nbsp;&nbsp;&nbsp;205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205290 |
| NYC Commercial Mortgage Trust,<br> Series 2025-03BP, Class E, 144A, 1 Month SOFR + 3.540% (Cap N/A, Floor 3.540%) | 7.690(c) | &nbsp;&nbsp;02/15/42 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999337 |
| ONE Mortgage Trust,<br> Series 2021-PARK, Class D, 144A, 1 Month SOFR + 1.614% (Cap N/A, Floor 1.500%) | 5.764(c) | &nbsp;&nbsp;03/15/36 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;942793 |
| ROCK Trust,<br> Series 2024-CNTR, Class E, 144A | 8.819 | &nbsp;&nbsp;11/13/41 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046595 |
| Taurus DAC (United Kingdom),<br> Series 2025-UK3A, Class E, 144A, SONIA + 3.800% (Cap N/A, Floor 0.000%) | 7.876(c) | &nbsp;&nbsp;07/20/35 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001953 |
| Wells Fargo Commercial Mortgage Trust,<br> Series 2021-FCMT, Class C, 144A, 1 Month SOFR + 2.514% (Cap N/A, Floor 2.400%) | 6.665(c) | &nbsp;&nbsp;05/15/31 |  | 1300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296855 |
| WHARF Commercial Mortgage Trust,<br> Series 2025-DC, Class E, 144A | 7.982(cc) | &nbsp;&nbsp;07/15/40 |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1016737 |
| **Total Commercial Mortgage-Backed Securities<br> (cost $18,393,291)** | **Total Commercial Mortgage-Backed Securities<br> (cost $18,393,291)** | **Total Commercial Mortgage-Backed Securities<br> (cost $18,393,291)** | **Total Commercial Mortgage-Backed Securities<br> (cost $18,393,291)** | **Total Commercial Mortgage-Backed Securities<br> (cost $18,393,291)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18104379 |
| **Corporate Bonds 44.8%** | **Corporate Bonds 44.8%** | **Corporate Bonds 44.8%** | **Corporate Bonds 44.8%** | **Corporate Bonds 44.8%** | **Corporate Bonds 44.8%** |
| **Aerospace & Defense 2.0%** | **Aerospace & Defense 2.0%** | **Aerospace & Defense 2.0%** | **Aerospace & Defense 2.0%** | **Aerospace & Defense 2.0%** | **Aerospace & Defense 2.0%** |
| Bombardier, Inc. (Canada),<br> Sr. Unsec'd. Notes, 144A(v) | 8.750 | &nbsp;&nbsp;11/15/30 |  | 2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2156220 |
| **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** | **Airlines 0.2%** |
| United Airlines, Inc.,<br> Sr. Sec'd. Notes, 144A(v) | 4.375 | &nbsp;&nbsp;04/15/26 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199652 |
| **Apparel 0.8%** | **Apparel 0.8%** | **Apparel 0.8%** | **Apparel 0.8%** | **Apparel 0.8%** | **Apparel 0.8%** |
| Wolverine World Wide, Inc.,<br> Gtd. Notes, 144A(v) | 4.000 | &nbsp;&nbsp;08/15/29 |  | &nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;891529 |
| **Auto Parts & Equipment 0.8%** | **Auto Parts & Equipment 0.8%** | **Auto Parts & Equipment 0.8%** | **Auto Parts & Equipment 0.8%** | **Auto Parts & Equipment 0.8%** | **Auto Parts & Equipment 0.8%** |
| Tenneco, Inc.,<br> Sr. Sec'd. Notes, 144A(v) | 8.000 | &nbsp;&nbsp;11/17/28 |  | &nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;876152 |
| **Banks 2.8%** | **Banks 2.8%** | **Banks 2.8%** | **Banks 2.8%** | **Banks 2.8%** | **Banks 2.8%** |
| Citigroup, Inc.,<br> Jr. Sub. Notes, Series CC(v) | 7.125(ff) | &nbsp;&nbsp;08/15/29(oo) |  | &nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485778 |
| Goldman Sachs Group, Inc. (The),<br> Jr. Sub. Notes, Series U(v) | 3.650(ff) | &nbsp;&nbsp;08/10/26(oo) |  | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979686 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Banks (cont'd.)** | **Banks (cont'd.)** | **Banks (cont'd.)** | **Banks (cont'd.)** | **Banks (cont'd.)** | **Banks (cont'd.)** |
| Royal Bank of Canada (Canada),<br> Jr. Sub. Notes | 7.500 %(ff) | &nbsp;&nbsp;05/02/84 |  | &nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp; $789375 |
| Toronto-Dominion Bank (The) (Canada),<br> Jr. Sub. Notes | 7.250(ff) | &nbsp;&nbsp;07/31/84 |  | &nbsp;&nbsp;&nbsp;785 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825817 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3080656 |
| **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** | **Building Materials 0.2%** |
| Camelot Return Merger Sub, Inc.,<br> Sr. Sec'd. Notes, 144A | 8.750 | &nbsp;&nbsp;08/01/28 |  | &nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169217 |
| **Chemicals 2.9%** | **Chemicals 2.9%** | **Chemicals 2.9%** | **Chemicals 2.9%** | **Chemicals 2.9%** | **Chemicals 2.9%** |
| Ashland, Inc.,<br> Sr. Unsec'd. Notes, 144A(v) | 3.375 | &nbsp;&nbsp;09/01/31 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265977 |
| Braskem Netherlands Finance BV (Brazil), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | 8.500 | &nbsp;&nbsp;01/12/31 |  | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | 8.500 | &nbsp;&nbsp;01/12/31 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79240 |
| Herens Midco Sarl (Luxembourg),<br> Gtd. Notes | 5.250 | &nbsp;&nbsp;05/15/29 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;476630 |
| Monitchem HoldCo 3 SA (Luxembourg),<br> Sr. Sec'd. Notes(v) | 8.750 | &nbsp;&nbsp;05/01/28 | &nbsp;&nbsp;EUR | 1445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1691277 |
| OCP SA (Morocco),<br> Sr. Unsec'd. Notes, 144A(v) | 6.750 | &nbsp;&nbsp;05/02/34 |  | &nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283075 |
| Orbia Advance Corp. SAB de CV (Mexico),<br> Gtd. Notes, 144A(v) | 6.800 | &nbsp;&nbsp;05/13/30 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207951 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3162630 |
| **Coal 0.4%** | **Coal 0.4%** | **Coal 0.4%** | **Coal 0.4%** | **Coal 0.4%** | **Coal 0.4%** |
| Coronado Finance Pty Ltd. (Australia),<br> Sr. Sec'd. Notes, 144A(v) | 9.250 | &nbsp;&nbsp;10/01/29 |  | &nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479875 |
| **Commercial Services 0.3%** | **Commercial Services 0.3%** | **Commercial Services 0.3%** | **Commercial Services 0.3%** | **Commercial Services 0.3%** | **Commercial Services 0.3%** |
| Alta Equipment Group, Inc.,<br> Sec'd. Notes, 144A | 9.000 | &nbsp;&nbsp;06/01/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37379 |
| Autopistas del Sol SA (Costa Rica),<br> Sr. Sec'd. Notes | 7.375 | &nbsp;&nbsp;12/30/30 |  | &nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242967 |
| DCLI Bidco LLC,<br> Second Mortgage, 144A | 7.750 | &nbsp;&nbsp;11/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98733 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;379079 |
| **Computers 0.5%** | **Computers 0.5%** | **Computers 0.5%** | **Computers 0.5%** | **Computers 0.5%** | **Computers 0.5%** |
| McAfee Corp.,<br> Sr. Unsec'd. Notes, 144A(v) | 7.375 | &nbsp;&nbsp;02/15/30 |  | &nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534240 |
| **Diversified Financial Services 0.8%** | **Diversified Financial Services 0.8%** | **Diversified Financial Services 0.8%** | **Diversified Financial Services 0.8%** | **Diversified Financial Services 0.8%** | **Diversified Financial Services 0.8%** |
| Nationstar Mortgage Holdings, Inc.,<br> Gtd. Notes, 144A | 5.750 | &nbsp;&nbsp;11/15/31 |  | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505865 |
| OneMain Finance Corp.,<br> Gtd. Notes | 6.625 | &nbsp;&nbsp;05/15/29 |  | &nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154369 |
| PennyMac Financial Services, Inc.,<br> Gtd. Notes, 144A(v) | 5.750 | &nbsp;&nbsp;09/15/31 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248085 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908319 |
| **Electric 5.1%** | **Electric 5.1%** | **Electric 5.1%** | **Electric 5.1%** | **Electric 5.1%** | **Electric 5.1%** |
| Aydem Yenilenebilir Enerji A/S (Turkey),<br> Sr. Sec'd. Notes | 7.750 | &nbsp;&nbsp;02/02/27 |  | &nbsp;&nbsp;&nbsp;168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169672 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Electric (cont'd.)** | **Electric (cont'd.)** | **Electric (cont'd.)** | **Electric (cont'd.)** | **Electric (cont'd.)** | **Electric (cont'd.)** |
| Calpine Corp.,<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;4.625% | &nbsp;&nbsp;02/01/29 |  | &nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp; $569631 |
| Eskom Holdings (South Africa),<br> Sr. Unsec'd. Notes, MTN | &nbsp;&nbsp;8.450 | &nbsp;&nbsp;08/10/28 |  | &nbsp;&nbsp;&nbsp;404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432405 |
| NRG Energy, Inc.,<br> Jr. Sub. Notes, 144A(v) | 10.250(ff) | &nbsp;&nbsp;03/15/28(oo) |  | 1800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1965185 |
| PG&E Corp.,<br> Jr. Sub. Notes | &nbsp;&nbsp;7.375(ff) | &nbsp;&nbsp;03/15/55 |  | &nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51470 |
| Vistra Corp.,<br> Jr. Sub. Notes, 144A(v) | &nbsp;&nbsp;7.000(ff) | &nbsp;&nbsp;12/15/26(oo) |  | 2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2333777 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5522140 |
| **Engineering & Construction 0.6%** | **Engineering & Construction 0.6%** | **Engineering & Construction 0.6%** | **Engineering & Construction 0.6%** | **Engineering & Construction 0.6%** | **Engineering & Construction 0.6%** |
| Mexico City Airport Trust (Mexico), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07/31/47 |  | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;5.500 | &nbsp;&nbsp;07/31/47 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260250 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607250 |
| **Entertainment 2.3%** | **Entertainment 2.3%** | **Entertainment 2.3%** | **Entertainment 2.3%** | **Entertainment 2.3%** | **Entertainment 2.3%** |
| Caesars Entertainment, Inc.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;10/15/29 |  | 1100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1051608 |
| Jacobs Entertainment, Inc.,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;02/15/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73167 |
| Penn Entertainment, Inc.,<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;01/15/27 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199940 |
| Scientific Games Holdings LP/Scientific Games US FinCo, Inc.,<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;6.625 | &nbsp;&nbsp;03/01/30 |  | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464537 |
| Wynn Resorts Finance LLC/Wynn Resorts Capital Corp.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;10/01/29 |  | &nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675910 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2465162 |
| **Foods 1.0%** | **Foods 1.0%** | **Foods 1.0%** | **Foods 1.0%** | **Foods 1.0%** | **Foods 1.0%** |
| B&G Foods, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes(v) | &nbsp;&nbsp;5.250 | &nbsp;&nbsp;09/15/27 |  | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;09/15/28 |  | &nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121185 |
| Bellis Acquisition Co. PLC (United Kingdom), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | &nbsp;&nbsp;8.000 | &nbsp;&nbsp;07/01/31 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes | &nbsp;&nbsp;8.125 | &nbsp;&nbsp;05/14/30 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160337 |
| Lamb Weston Holdings, Inc.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;01/31/30 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192089 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1043011 |
| **Forest Products & Paper 0.2%** | **Forest Products & Paper 0.2%** | **Forest Products & Paper 0.2%** | **Forest Products & Paper 0.2%** | **Forest Products & Paper 0.2%** | **Forest Products & Paper 0.2%** |
| LD Celulose International GmbH (Brazil),<br> Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;7.950 | &nbsp;&nbsp;01/26/32 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;211200 |
| **Healthcare-Services 0.8%** | **Healthcare-Services 0.8%** | **Healthcare-Services 0.8%** | **Healthcare-Services 0.8%** | **Healthcare-Services 0.8%** | **Healthcare-Services 0.8%** |
| DaVita, Inc.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;3.750 | &nbsp;&nbsp;02/15/31 |  | &nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893128 |
| **Holding Companies-Diversified 1.6%** | **Holding Companies-Diversified 1.6%** | **Holding Companies-Diversified 1.6%** | **Holding Companies-Diversified 1.6%** | **Holding Companies-Diversified 1.6%** | **Holding Companies-Diversified 1.6%** |
| Clue Opco LLC,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;9.500 | &nbsp;&nbsp;10/15/31 |  | 1613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1725103 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Home Builders 0.3%** | **Home Builders 0.3%** | **Home Builders 0.3%** | **Home Builders 0.3%** | **Home Builders 0.3%** |
| Brookfield Residential Properties, Inc./Brookfield Residential US LLC (Canada), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A | &nbsp;&nbsp;6.250% | &nbsp;&nbsp;09/15/27 | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp; $99738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;06/15/29 | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286524 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386262 |
| **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** |
| Kronos Acquisition Holdings, Inc. (Canada),<br> Sr. Unsec'd. Notes, 144A | 10.750 | &nbsp;&nbsp;06/30/32 | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165244 |
| **Housewares 0.3%** | **Housewares 0.3%** | **Housewares 0.3%** | **Housewares 0.3%** | **Housewares 0.3%** |
| Newell Brands, Inc.,<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;06/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90138 |
| Scotts Miracle-Gro Co. (The),<br> Gtd. Notes(v) | &nbsp;&nbsp;4.375 | &nbsp;&nbsp;02/01/32 | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230751 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320889 |
| **Iron/Steel 0.6%** | **Iron/Steel 0.6%** | **Iron/Steel 0.6%** | **Iron/Steel 0.6%** | **Iron/Steel 0.6%** |
| Champion Iron Canada, Inc. (Canada),<br> Gtd. Notes, 144A | &nbsp;&nbsp;7.875 | &nbsp;&nbsp;07/15/32 | &nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114979 |
| Mineral Resources Ltd. (Australia),<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;9.250 | &nbsp;&nbsp;10/01/28 | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523800 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;638779 |
| **Leisure Time 0.9%** | **Leisure Time 0.9%** | **Leisure Time 0.9%** | **Leisure Time 0.9%** | **Leisure Time 0.9%** |
| Carnival Corp., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A(v) | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;03/15/30 | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes, 144A(v) | &nbsp;&nbsp;6.000 | &nbsp;&nbsp;05/01/29 | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228375 |
| Viking Cruises Ltd.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;09/15/27 | &nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475019 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;932894 |
| **Lodging 1.4%** | **Lodging 1.4%** | **Lodging 1.4%** | **Lodging 1.4%** | **Lodging 1.4%** |
| MGM Resorts International,<br> Gtd. Notes(v) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;10/15/28 | 1075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066745 |
| Wynn Macau Ltd. (Macau),<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;5.625 | &nbsp;&nbsp;08/26/28 | &nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424154 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490899 |
| **Machinery-Diversified 0.6%** | **Machinery-Diversified 0.6%** | **Machinery-Diversified 0.6%** | **Machinery-Diversified 0.6%** | **Machinery-Diversified 0.6%** |
| Chart Industries, Inc.,<br> Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;7.500 | &nbsp;&nbsp;01/01/30 | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234455 |
| Maxim Crane Works Holdings Capital LLC,<br> Sec'd. Notes, 144A(v) | 11.500 | &nbsp;&nbsp;09/01/28 | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424329 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;658784 |
| **Media 3.4%** | **Media 3.4%** | **Media 3.4%** | **Media 3.4%** | **Media 3.4%** |
| CCO Holdings LLC/CCO Holdings Capital Corp.,<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;02/01/31 | &nbsp;&nbsp;&nbsp;548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;504868 |
| DISH DBS Corp., |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;5.125 | &nbsp;&nbsp;06/01/29 | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;7.375 | &nbsp;&nbsp;07/01/28 | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;7.750 | &nbsp;&nbsp;07/01/26 | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223367 |
| DISH Network Corp.,<br> Sr. Sec'd. Notes, 144A(v) | 11.750 | &nbsp;&nbsp;11/15/27 | 1525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1614117 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Media (cont'd.)** | **Media (cont'd.)** | **Media (cont'd.)** | **Media (cont'd.)** | **Media (cont'd.)** | **Media (cont'd.)** |
| Globo Comunicacao e Participacoes SA (Brazil),<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;4.875% | &nbsp;&nbsp;01/22/30 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp; $241328 |
| Virgin Media Secured Finance PLC (United Kingdom),<br> Sr. Sec'd. Notes(v) | &nbsp;&nbsp;4.250 | &nbsp;&nbsp;01/15/30 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085233 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3713324 |
| **Mining 1.4%** | **Mining 1.4%** | **Mining 1.4%** | **Mining 1.4%** | **Mining 1.4%** | **Mining 1.4%** |
| First Quantum Minerals Ltd. (Zambia),<br> Gtd. Notes, 144A | &nbsp;&nbsp;7.250 | &nbsp;&nbsp;02/15/34 |  | &nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417251 |
| Hudbay Minerals, Inc. (Canada),<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;6.125 | &nbsp;&nbsp;04/01/29 |  | 1050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057875 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1475126 |
| **Oil & Gas 3.5%** | **Oil & Gas 3.5%** | **Oil & Gas 3.5%** | **Oil & Gas 3.5%** | **Oil & Gas 3.5%** | **Oil & Gas 3.5%** |
| Ascent Resources Utica Holdings LLC/ARU Finance Corp.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;11/01/27 |  | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90323 |
| Expand Energy Corp.,<br> Gtd. Notes(v) | &nbsp;&nbsp;4.750 | &nbsp;&nbsp;02/01/32 |  | &nbsp;&nbsp;&nbsp;850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835604 |
| Hilcorp Energy I LP/Hilcorp Finance Co.,<br> Sr. Unsec'd. Notes, 144A(v) | &nbsp;&nbsp;8.375 | &nbsp;&nbsp;11/01/33 |  | &nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1023475 |
| New Generation Gas Gathering LLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ | &nbsp;&nbsp;9.955(c) | &nbsp;&nbsp;09/30/29 |  | &nbsp;&nbsp;&nbsp;&nbsp;69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ | 10.058(c) | &nbsp;&nbsp;09/30/29 |  | &nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ | 10.058(c) | &nbsp;&nbsp;09/30/29 |  | &nbsp;&nbsp;&nbsp;276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A, 3 Month SOFR + 5.750% (Cap N/A, Floor 2.000%)^ | 10.058(c) | &nbsp;&nbsp;09/30/29 |  | &nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226283 |
| Petroleos Mexicanos (Mexico),<br> Gtd. Notes, MTN | &nbsp;&nbsp;8.750 | &nbsp;&nbsp;06/02/29 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323775 |
| Preem Holdings AB (Sweden),<br> Sr. Unsec'd. Notes(v) | 12.000 | &nbsp;&nbsp;06/30/27 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;796139 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3861307 |
| **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** |
| Bausch Health Cos., Inc.,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;4.875 | &nbsp;&nbsp;06/01/28 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268875 |
| Grifols SA (Spain),<br> Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;05/01/30 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716600 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985475 |
| **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** |
| Venture Global LNG, Inc.,<br> Jr. Sub. Notes, 144A(v) | &nbsp;&nbsp;9.000(ff) | &nbsp;&nbsp;09/30/29(oo) |  | &nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415830 |
| **Real Estate 0.5%** | **Real Estate 0.5%** | **Real Estate 0.5%** | **Real Estate 0.5%** | **Real Estate 0.5%** | **Real Estate 0.5%** |
| Howard Hughes Corp. (The),<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;4.125 | &nbsp;&nbsp;02/01/29 |  | &nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551622 |
| **Real Estate Investment Trusts (REITs) 0.7%** | **Real Estate Investment Trusts (REITs) 0.7%** | **Real Estate Investment Trusts (REITs) 0.7%** | **Real Estate Investment Trusts (REITs) 0.7%** | **Real Estate Investment Trusts (REITs) 0.7%** | **Real Estate Investment Trusts (REITs) 0.7%** |
| CFE Fibra E (Mexico),<br> Sr. Unsec'd. Notes, 144A | &nbsp;&nbsp;5.875 | &nbsp;&nbsp;09/23/40 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200860 |
| MPT Operating Partnership LP/MPT Finance Corp., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes(v) | &nbsp;&nbsp;3.500 | &nbsp;&nbsp;03/15/31 |  | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gtd. Notes | &nbsp;&nbsp;5.000 | &nbsp;&nbsp;10/15/27 |  | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;8.500 | &nbsp;&nbsp;02/15/32 |  | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26614 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** | **Corporate Bonds (Continued)** |
| **Real Estate Investment Trusts (REITs) (cont'd.)** | **Real Estate Investment Trusts (REITs) (cont'd.)** | **Real Estate Investment Trusts (REITs) (cont'd.)** | **Real Estate Investment Trusts (REITs) (cont'd.)** | **Real Estate Investment Trusts (REITs) (cont'd.)** | **Real Estate Investment Trusts (REITs) (cont'd.)** |
| RHP Hotel Properties LP/RHP Finance Corp.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;6.500% | &nbsp;&nbsp;04/01/32 |  | &nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp; $195428 |
| Uniti Group LP/Uniti Group Finance 2019, Inc./CSL Capital LLC,<br> Sr. Sec'd. Notes, 144A | 10.500 | &nbsp;&nbsp;02/15/28 |  | &nbsp;&nbsp;&nbsp;118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124195 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;809120 |
| **Retail 3.4%** | **Retail 3.4%** | **Retail 3.4%** | **Retail 3.4%** | **Retail 3.4%** | **Retail 3.4%** |
| Brinker International, Inc.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;07/15/30 |  | &nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874112 |
| Carvana Co.,<br> Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;9.000 | &nbsp;&nbsp;06/01/30 |  | &nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287725 |
| EG Global Finance PLC (United Kingdom), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes(v) | 11.000 | &nbsp;&nbsp;11/30/28 | &nbsp;&nbsp;EUR | 1085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Sec'd. Notes, 144A(v) | 11.000 | &nbsp;&nbsp;11/30/28 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803564 |
| Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.,<br> Sr. Sec'd. Notes, 144A(v) | &nbsp;&nbsp;4.625 | &nbsp;&nbsp;01/15/29 |  | &nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;309090 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3667822 |
| **Software 0.2%** | **Software 0.2%** | **Software 0.2%** | **Software 0.2%** | **Software 0.2%** | **Software 0.2%** |
| CoreWeave, Inc.,<br> Gtd. Notes, 144A | &nbsp;&nbsp;9.250 | &nbsp;&nbsp;06/01/30 |  | &nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170403 |
| **Telecommunications 1.4%** | **Telecommunications 1.4%** | **Telecommunications 1.4%** | **Telecommunications 1.4%** | **Telecommunications 1.4%** | **Telecommunications 1.4%** |
| Colombia Telecomunicaciones SA ESP (Colombia),<br> Sr. Unsec'd. Notes | &nbsp;&nbsp;4.950 | &nbsp;&nbsp;07/17/30 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230165 |
| Digicel International Finance Ltd./DIFL US LLC (Jamaica),<br> Sr. Sec'd. Notes, 144A(x) | &nbsp;&nbsp;8.625 | &nbsp;&nbsp;08/01/32 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205190 |
| EchoStar Corp.,<br> Sr. Sec'd. Notes(v) | 10.750 | &nbsp;&nbsp;11/30/29 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275066 |
| Frontier Communications Holdings LLC,<br> Sec'd. Notes, 144A | &nbsp;&nbsp;6.750 | &nbsp;&nbsp;05/01/29 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202013 |
| Lorca Telecom Bondco SA (Spain),<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;5.750 | &nbsp;&nbsp;04/30/29 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121937 |
| TalkTalk Telecom Group Ltd. (United Kingdom),<br> Sec'd. Notes, 144A, Cash coupon or PIK 11.750% | 11.750 | &nbsp;&nbsp;03/01/28 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41877 |
| Total Play Telecomunicaciones SA de CV (Mexico),<br> Sr. Sec'd. Notes | 11.125 | &nbsp;&nbsp;12/31/32 |  | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396150 |
| Windstream Services LLC/Windstream Escrow Finance Corp.,<br> Sr. Sec'd. Notes, 144A | &nbsp;&nbsp;8.250 | &nbsp;&nbsp;10/01/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72567 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1544965 |
| **Transportation 1.5%** | **Transportation 1.5%** | **Transportation 1.5%** | **Transportation 1.5%** | **Transportation 1.5%** | **Transportation 1.5%** |
| Star Leasing Co. LLC,<br> Sec'd. Notes, 144A(v) | &nbsp;&nbsp;7.625 | &nbsp;&nbsp;02/15/30 |  | &nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315745 |
| XPO, Inc.,<br> Gtd. Notes, 144A(v) | &nbsp;&nbsp;7.125 | &nbsp;&nbsp;02/01/32 |  | 1225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1286340 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1602085 |
| **Total Corporate Bonds<br> (cost $47,002,006)** | **Total Corporate Bonds<br> (cost $47,002,006)** | **Total Corporate Bonds<br> (cost $47,002,006)** | **Total Corporate Bonds<br> (cost $47,002,006)** | **Total Corporate Bonds<br> (cost $47,002,006)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48695393 |
| **Floating Rate and Other Loans 39.2%** | **Floating Rate and Other Loans 39.2%** | **Floating Rate and Other Loans 39.2%** | **Floating Rate and Other Loans 39.2%** | **Floating Rate and Other Loans 39.2%** | **Floating Rate and Other Loans 39.2%** |
| **Advertising 0.2%** | **Advertising 0.2%** | **Advertising 0.2%** | **Advertising 0.2%** | **Advertising 0.2%** | **Advertising 0.2%** |
| Summer BC Holdco B Sarl (Luxembourg),<br> Extended Facility B, 3 Month SOFR + 5.260% | &nbsp;&nbsp;9.262(c) | &nbsp;&nbsp;02/15/29 |  | &nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171507 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Aerospace & Defense 0.2%** | **Aerospace & Defense 0.2%** | **Aerospace & Defense 0.2%** | **Aerospace & Defense 0.2%** | **Aerospace & Defense 0.2%** | **Aerospace & Defense 0.2%** |
| Azorra Soar Term B Loan Finance Limited (Cayman Islands),<br> New Loan, 3 Month SOFR + 2.750% | &nbsp;&nbsp;6.788 %(c) | &nbsp;&nbsp;10/18/29 |  | &nbsp;&nbsp;&nbsp;248 | &nbsp;&nbsp; $247747 |
| **Agriculture 0.5%** | **Agriculture 0.5%** | **Agriculture 0.5%** | **Agriculture 0.5%** | **Agriculture 0.5%** | **Agriculture 0.5%** |
| Alltech, Inc.,<br> Term B-2 Loan, 1 Month SOFR + 4.364% | &nbsp;&nbsp;8.528(c) | &nbsp;&nbsp;08/13/30 |  | &nbsp;&nbsp;&nbsp;522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522324 |
| **Airlines 0.3%** | **Airlines 0.3%** | **Airlines 0.3%** | **Airlines 0.3%** | **Airlines 0.3%** | **Airlines 0.3%** |
| Vista Management Holding, Inc.,<br> Initial Term Loan, 3 Month SOFR + 3.750% | &nbsp;&nbsp;8.041(c) | &nbsp;&nbsp;04/01/31 |  | &nbsp;&nbsp;&nbsp;347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347655 |
| **Auto Parts & Equipment 1.9%** | **Auto Parts & Equipment 1.9%** | **Auto Parts & Equipment 1.9%** | **Auto Parts & Equipment 1.9%** | **Auto Parts & Equipment 1.9%** | **Auto Parts & Equipment 1.9%** |
| Clarios Global LP,<br> Amendment No. 6 Dollar Term Loan, 1 Month SOFR + 2.750% | &nbsp;&nbsp;6.913(c) | &nbsp;&nbsp;01/28/32 |  | &nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423937 |
| Constellation Automotive Group Ltd. (United Kingdom),<br> Facility B (EUR) Commitment, 6 Month EURIBOR + 6.250%^ | &nbsp;&nbsp;8.586(c) | &nbsp;&nbsp;04/03/31 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150569 |
| First Brands Group LLC,<br> Second Lien 2021 Term Loan, 3 Month SOFR + 8.762% | 13.070(c) | &nbsp;&nbsp;03/30/28 |  | &nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33000 |
| Tenneco, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Term A Loan, 3 Month SOFR + 4.850% | &nbsp;&nbsp;9.054(c) | &nbsp;&nbsp;11/17/28 |  | &nbsp;&nbsp;&nbsp;197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Term B Loan, 3 Month SOFR + 5.100% | &nbsp;&nbsp;9.203(c) | &nbsp;&nbsp;11/17/28 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244445 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2043883 |
| **Beverages 0.2%** | **Beverages 0.2%** | **Beverages 0.2%** | **Beverages 0.2%** | **Beverages 0.2%** | **Beverages 0.2%** |
| Pegasus Bidco Bv (Netherlands),<br> 2025-1 Dollar Term Loan, 1 Month SOFR + 2.750% | &nbsp;&nbsp;6.762(c) | &nbsp;&nbsp;07/12/29 |  | &nbsp;&nbsp;&nbsp;191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191442 |
| **Building Materials 0.6%** | **Building Materials 0.6%** | **Building Materials 0.6%** | **Building Materials 0.6%** | **Building Materials 0.6%** | **Building Materials 0.6%** |
| American Bath/CP Atlas Buyer, Inc.,<br> 2025 Term B Loan, 1 Month SOFR + 5.250%^ | &nbsp;&nbsp;9.413(c) | &nbsp;&nbsp;07/08/30 |  | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217406 |
| Covia Holdings LLC,<br> 2025 Refinancing Term Loan, 3 Month SOFR + 2.750% | &nbsp;&nbsp;6.948(c) | &nbsp;&nbsp;02/26/32 |  | &nbsp;&nbsp;&nbsp;224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224998 |
| EMRLD Borrower LP,<br> Second Amendment Incremental Term Loan, 1 Month SOFR + 2.250% | &nbsp;&nbsp;6.122(c) | &nbsp;&nbsp;08/04/31 |  | &nbsp;&nbsp;&nbsp;222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220559 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662963 |
| **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** | **Chemicals 1.7%** |
| A-Ap Buyer, Inc.,<br> Initial Term Loan, 3 Month SOFR + 2.750% | &nbsp;&nbsp;6.752(c) | &nbsp;&nbsp;09/09/31 |  | &nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174230 |
| Geon Performance Solutions LLC,<br> 2024 Refinancing Term Loan, 3 Month SOFR + 4.512% | &nbsp;&nbsp;8.513(c) | &nbsp;&nbsp;08/18/28 |  | &nbsp;&nbsp;&nbsp;344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322740 |
| Iris Holdings Ltd.,<br> Initial Term Loan, 3 Month SOFR + 4.850% | &nbsp;&nbsp;9.158(c) | &nbsp;&nbsp;06/28/28 |  | &nbsp;&nbsp;&nbsp;211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204074 |
| Nouryon Finance BV (Netherlands),<br> November 2024 B-1 Dollar Term Loan, 1 Month SOFR + 3.250% | &nbsp;&nbsp;7.500(c) | &nbsp;&nbsp;04/03/28 |  | &nbsp;&nbsp;&nbsp;187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;186990 |
| Paint Intermediate III LLC,<br> Paint Intermediate/Wesco Group Cov-Lite Term B Loan, 3 Month SOFR + 3.000% | &nbsp;&nbsp;7.242(c) | &nbsp;&nbsp;10/09/31 |  | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99210 |
| Qnity Electronics, Inc.,<br> Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;—(p) | &nbsp;&nbsp;03/31/33 |  | &nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474406 |
| TPC Group, Inc.,<br> Initial Term Loan, 3 Month SOFR + 5.750% | &nbsp;&nbsp;9.773(c) | &nbsp;&nbsp;12/16/31 |  | &nbsp;&nbsp;&nbsp;348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;336061 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1797711 |
| **Commercial Services 2.2%** | **Commercial Services 2.2%** | **Commercial Services 2.2%** | **Commercial Services 2.2%** | **Commercial Services 2.2%** | **Commercial Services 2.2%** |
| Allied Universal Holdco LLC,<br> Amendment No. 7 Replacement (USD) Term Loan, 1 Month SOFR + 3.350% | &nbsp;&nbsp;7.513(c) | &nbsp;&nbsp;08/20/32 |  | &nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;551700 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Commercial Services (cont'd.)** | **Commercial Services (cont'd.)** | **Commercial Services (cont'd.)** | **Commercial Services (cont'd.)** | **Commercial Services (cont'd.)** |
| Belfor Holdings, Inc.,<br> Tranche B-5 Term Loan, 1 Month SOFR + 2.750% | 6.913 %(c) | &nbsp;&nbsp;11/01/30 | 239 | &nbsp;&nbsp; $239195 |
| Belron Finance 2019 LLC,<br> 2031 Dollar Term Loan, 3 Month SOFR + 2.500% | 6.742(c) | &nbsp;&nbsp;10/16/31 | &nbsp;&nbsp;&nbsp;&nbsp;1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810 |
| Crisis Prevention Institute, Inc.,<br> 2024 Term Loan, 3 Month SOFR + 4.000% | 8.002(c) | &nbsp;&nbsp;04/09/31 | 273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271262 |
| DS Parent, Inc.,<br> Term B Loan, 3 Month SOFR + 5.500% | 9.502(c) | &nbsp;&nbsp;01/31/31 | 148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135534 |
| Grant Thornton Advisors LLC,<br> 2025 Incremental Term Loan, 1 Month SOFR + 2.500% | 6.663(c) | &nbsp;&nbsp;06/02/31 | 149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147329 |
| Mavis Tire Express Services Topco Corp.,<br> 2025 First Lien Incremental Term Loan, 3 Month SOFR + 3.000% | 7.199(c) | &nbsp;&nbsp;05/04/28 | 199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198289 |
| Neon Maple Purchaser, Inc.,<br> First amend Tranche Term B-1 Loan, 1 Month SOFR + 2.750% | 6.913(c) | &nbsp;&nbsp;11/17/31 | 323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323262 |
| TruGreen LP,<br> Second Refinancing Term Loan (First Lien), 1 Month SOFR + 4.100% | 8.263(c) | &nbsp;&nbsp;11/02/27 | 201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195848 |
| Verde Purchaser LLC,<br> Initial Term Loan, 3 Month SOFR + 4.000% | 8.002(c) | &nbsp;&nbsp;11/30/30 | 149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147546 |
| VT Topco, Inc.,<br> Second Amendment Term Loan, 1 Month SOFR + 3.000% | 7.163(c) | &nbsp;&nbsp;08/09/30 | 174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168375 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2379150 |
| **Computers 1.5%** | **Computers 1.5%** | **Computers 1.5%** | **Computers 1.5%** | **Computers 1.5%** |
| Bingo Holdings I LLC,<br> Term Loan, 3 Month SOFR + 4.750% | 8.752(c) | &nbsp;&nbsp;06/30/32 | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499166 |
| Fortress Intermediate 3, Inc.,<br> 2025 Term B Loan, 1 Month SOFR + 3.000% | 7.255(c) | &nbsp;&nbsp;06/27/31 | 227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227312 |
| Indy US Bidco, LLC,<br> 2025 Term Loan, 1 Month SOFR + 2.500% | 6.663(c) | &nbsp;&nbsp;10/31/30 | 206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205529 |
| McAfee Corp.,<br> Refinancing Tranche B-1, 1 Month SOFR + 3.000% | 7.223(c) | &nbsp;&nbsp;03/01/29 | 234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222775 |
| NCR Atleos Corp.,<br> Term Loan | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;04/16/29 | 134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;134400 |
| Sandisk Corp.,<br> Term B Loan, 1 Month SOFR + 3.000% | 7.135(c) | &nbsp;&nbsp;02/23/32 | 338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337078 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1626260 |
| **Consumer Services 0.9%** | **Consumer Services 0.9%** | **Consumer Services 0.9%** | **Consumer Services 0.9%** | **Consumer Services 0.9%** |
| Parfums De Marly,<br> Term Loan, 3 Month SOFR + 5.250%^ | 9.530(c) | &nbsp;&nbsp;09/01/28 | 935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925650 |
| **Distribution/Wholesale 0.3%** | **Distribution/Wholesale 0.3%** | **Distribution/Wholesale 0.3%** | **Distribution/Wholesale 0.3%** | **Distribution/Wholesale 0.3%** |
| Protective Industrial Products, Inc.,<br> Initial Term Loan, 1 Month SOFR + 4.000% | 8.163(c) | &nbsp;&nbsp;05/21/32 | 350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339281 |
| **Diversified Financial Services 1.2%** | **Diversified Financial Services 1.2%** | **Diversified Financial Services 1.2%** | **Diversified Financial Services 1.2%** | **Diversified Financial Services 1.2%** |
| Focus Financial Partners LLC,<br> Tranche B Incremental Term Loan, 1 Month SOFR + 2.750% | 6.913(c) | &nbsp;&nbsp;09/15/31 | 347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347340 |
| Hudson River Trading LLC,<br> Term B-1 Loan, 1 Month SOFR + 3.000% | 7.150(c) | &nbsp;&nbsp;03/18/30 | 642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642962 |
| Jefferies Finance LLC,<br> Initial Term Loan 2024, 1 Month SOFR + 2.750% | 6.924(c) | &nbsp;&nbsp;10/21/31 | 298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297006 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1287308 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Education 0.4%** | **Education 0.4%** | **Education 0.4%** | **Education 0.4%** | **Education 0.4%** | **Education 0.4%** |
| Dukes Education Group Ltd. (United Kingdom), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accordion Facility, SONIA + 5.500%^ | 9.612 %(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;68 | &nbsp;&nbsp; $90863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition/Capex Facility 1, SONIA + 5.500%^ | 9.612(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition/Capex Facility 4, 6 Month EURIBOR + 5.500%^ | 7.582(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition/Capex Facility 5, 6 Month EURIBOR + 5.500%^ | 2.000(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition/Capex Facility 5, 6 Month EURIBOR + 5.500%^ | 7.577(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;EUR | 134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acquisition/Capex Facility 6, 3 Month SOFR + 5.500%^ | 1.879(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Facility B, SONIA + 5.500%^ | 9.711(c) | &nbsp;&nbsp;11/27/28 | &nbsp;&nbsp;GBP | &nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33862 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474877 |
| **Electric 0.2%** | **Electric 0.2%** | **Electric 0.2%** | **Electric 0.2%** | **Electric 0.2%** | **Electric 0.2%** |
| Discovery Energy Holding Corp.,<br> Initial Dollar Term Loan, 3 Month SOFR + 3.750% | 7.752(c) | &nbsp;&nbsp;05/01/31 |  | 252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252201 |
| **Electronics 0.2%** | **Electronics 0.2%** | **Electronics 0.2%** | **Electronics 0.2%** | **Electronics 0.2%** | **Electronics 0.2%** |
| Pinnacle Buyer, LLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Delayed Draw Term Loan | 1.000 | &nbsp;&nbsp;09/30/32 |  | &nbsp;&nbsp;28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Term Loan | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;09/30/32 |  | 147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146897 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175146 |
| **Engineering & Construction 0.8%** | **Engineering & Construction 0.8%** | **Engineering & Construction 0.8%** | **Engineering & Construction 0.8%** | **Engineering & Construction 0.8%** | **Engineering & Construction 0.8%** |
| Azuria Water Solutions, Inc.,<br> 2025 Replacement Term Loan, 1 Month SOFR + 3.000% | 7.163(c) | &nbsp;&nbsp;05/17/28 |  | 246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245343 |
| Brown Group Holding LLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Incremental Term B-2 Facility, 3 Month SOFR + 2.750% | 6.932(c) | &nbsp;&nbsp;07/01/31 |  | 149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Initial Term Loan, 1 Month SOFR + 2.500% | 6.663(c) | &nbsp;&nbsp;07/01/31 |  | &nbsp;&nbsp;99 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99018 |
| Red SPV LLC (United Kingdom),<br> Initial Term Loan, 1 Month SOFR + 2.250% | 6.386(c) | &nbsp;&nbsp;03/15/32 |  | 349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;349125 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843043 |
| **Entertainment 2.1%** | **Entertainment 2.1%** | **Entertainment 2.1%** | **Entertainment 2.1%** | **Entertainment 2.1%** | **Entertainment 2.1%** |
| Caesars Entertainment, Inc.,<br> Incremental Term B-1 Loan, 1 Month SOFR + 2.250% | 6.413(c) | &nbsp;&nbsp;02/06/31 |  | 196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194872 |
| Cinemark USA, Inc.,<br> Term Loan, 3 Month SOFR + 2.250% | 6.373(c) | &nbsp;&nbsp;05/24/30 |  | 246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245572 |
| Crown Finance US, Inc. (United Kingdom),<br> Term B Loan, 1 Month SOFR + 4.500% | 8.780(c) | &nbsp;&nbsp;12/02/31 |  | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199001 |
| ECL Entertainment LLC,<br> 2025 Refinancing Term B Loan, 1 Month SOFR + 3.000% | 7.163(c) | &nbsp;&nbsp;08/30/30 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124844 |
| Entain PLC (United Kingdom),<br> Facility B-6, 1 Month SOFR + 2.250% | 6.252(c) | &nbsp;&nbsp;10/31/29 |  | 347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346098 |
| Hershend Entertainment Co LLC,<br> Term B Loan, 1 Month SOFR + 3.250% | 7.413(c) | &nbsp;&nbsp;05/27/32 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125103 |
| J&J Ventures Gaming LLC,<br> 2025 Term Loan, 3 Month SOFR + 5.000% | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;04/26/30 |  | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494687 |
| Voyager Parent LLC,<br> First Lien Term B Loan, 3 Month SOFR + 4.750% | 8.752(c) | &nbsp;&nbsp;07/01/32 |  | 575 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575719 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2305896 |
| **Environmental Control 1.7%** | **Environmental Control 1.7%** | **Environmental Control 1.7%** | **Environmental Control 1.7%** | **Environmental Control 1.7%** | **Environmental Control 1.7%** |
| Action Environmental Group, Inc. (The),<br> 2025 Term B Loan, 3 Month SOFR + 3.250%^ | 7.252(c) | &nbsp;&nbsp;10/24/30 |  | 489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489055 |
| GFL Environmental, Inc.,<br> Initial Term Loan, 3 Month SOFR + 2.500% | 6.671(c) | &nbsp;&nbsp;03/03/32 |  | 450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449625 |
| JFL-Tiger Acquisition Co., Inc.,<br> Initial Term Loan, 1 Month SOFR + 3.750% | 7.885(c) | &nbsp;&nbsp;10/17/30 |  | &nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74616 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Environmental Control (cont'd.)** | **Environmental Control (cont'd.)** | **Environmental Control (cont'd.)** | **Environmental Control (cont'd.)** | **Environmental Control (cont'd.)** |
| Madison Iaq LLC,<br> 2025 Incremental Term Loan, 6 Month SOFR + 3.250% | &nbsp;&nbsp;7.452 %(c) | &nbsp;&nbsp;05/06/32 | 274 | &nbsp;&nbsp; $275341 |
| Mip V Waste Holdings LLC,<br> Tranche B-2 Term Loan, 1 Month SOFR + 2.750%^ | &nbsp;&nbsp;6.913(c) | &nbsp;&nbsp;08/20/32 | &nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75094 |
| Tidal Waste & Recycling Holdings LLC,<br> Term B Loan, 3 Month SOFR + 3.000% | &nbsp;&nbsp;7.002(c) | &nbsp;&nbsp;10/24/31 | 199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199933 |
| WIN Waste Innovations Holdings, Inc.,<br> New Term B-1 Loan, 1 Month SOFR + 3.864% | &nbsp;&nbsp;8.028(c) | &nbsp;&nbsp;03/24/28 | 234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235438 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1799102 |
| **Food Service 0.3%** | **Food Service 0.3%** | **Food Service 0.3%** | **Food Service 0.3%** | **Food Service 0.3%** |
| Gategroup Finance (Switzerland),<br> Senior Facility B (USD) Loan, 3 Month SOFR + 4.250% | &nbsp;&nbsp;8.556(c) | &nbsp;&nbsp;06/10/32 | 324 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323657 |
| **Foods 0.8%** | **Foods 0.8%** | **Foods 0.8%** | **Foods 0.8%** | **Foods 0.8%** |
| Froneri International Limited,<br> Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;—(p) | &nbsp;&nbsp;08/31/32 | 600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598703 |
| Nourish Buyer I, Inc.,<br> Initial Term Loan, 3 Month SOFR + 4.500%^ | &nbsp;&nbsp;8.829(c) | &nbsp;&nbsp;07/08/32 | 275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274312 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873015 |
| **Forest Products & Paper 0.3%** | **Forest Products & Paper 0.3%** | **Forest Products & Paper 0.3%** | **Forest Products & Paper 0.3%** | **Forest Products & Paper 0.3%** |
| Magnera Corp.,<br> New Term Loan, 3 Month SOFR + 4.250% | &nbsp;&nbsp;8.449(c) | &nbsp;&nbsp;11/04/31 | 280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277643 |
| **Hand/Machine Tools 0.4%** | **Hand/Machine Tools 0.4%** | **Hand/Machine Tools 0.4%** | **Hand/Machine Tools 0.4%** | **Hand/Machine Tools 0.4%** |
| Alliance Laundry Systems,<br> Initial Term B Loan, 1 Month SOFR + 2.250% | &nbsp;&nbsp;6.385(c) | &nbsp;&nbsp;08/19/31 | 327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326761 |
| Madison Safety & Flow LLC,<br> 2025 Incremental Term B Loan, 1 Month SOFR + 2.750% | &nbsp;&nbsp;6.913(c) | &nbsp;&nbsp;09/26/31 | 124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124158 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450919 |
| **Healthcare 1.2%** | **Healthcare 1.2%** | **Healthcare 1.2%** | **Healthcare 1.2%** | **Healthcare 1.2%** |
| Envision Healthcare Operating, Inc.,<br> 2025 Replacement Term Loan, 1 Month SOFR + 6.500% | 10.663(c) | &nbsp;&nbsp;06/25/30 | 419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422113 |
| Nidda Healthcare GmbH (Germany),<br> Facility B-2 (GBP) Loan, SONIA + 4.750% | &nbsp;&nbsp;8.724(c) | &nbsp;&nbsp;02/21/30 | 650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874623 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1296736 |
| **Healthcare & Pharmaceuticals 0.2%** | **Healthcare & Pharmaceuticals 0.2%** | **Healthcare & Pharmaceuticals 0.2%** | **Healthcare & Pharmaceuticals 0.2%** | **Healthcare & Pharmaceuticals 0.2%** |
| Loire Finco Luxembourg Sarl (Luxembourg),<br> Additional Facility USD, 3 Month SOFR + 4.000% | &nbsp;&nbsp;8.308(c) | &nbsp;&nbsp;01/21/30 | 249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248752 |
| **Healthcare-Products 0.2%** | **Healthcare-Products 0.2%** | **Healthcare-Products 0.2%** | **Healthcare-Products 0.2%** | **Healthcare-Products 0.2%** |
| Bausch & Lomb Corp.,<br> Third Amendment Term Loan, 1 Month SOFR + 4.250% | &nbsp;&nbsp;8.413(c) | &nbsp;&nbsp;01/15/31 | 224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224437 |
| **Healthcare-Services 0.6%** | **Healthcare-Services 0.6%** | **Healthcare-Services 0.6%** | **Healthcare-Services 0.6%** | **Healthcare-Services 0.6%** |
| Phoenix Guarantor, Inc.,<br> Tranche B-5 Term Loan, 1 Month SOFR + 2.500% | &nbsp;&nbsp;6.663(c) | &nbsp;&nbsp;02/21/31 | 246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246263 |
| Upstream Newco, Inc.,<br> August 2021 Incremental Term Loan, 3 Month SOFR + 4.512% | &nbsp;&nbsp;8.820(c) | &nbsp;&nbsp;11/20/26 | 496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423867 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670130 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Holding Companies-Diversified 0.3%** | **Holding Companies-Diversified 0.3%** | **Holding Companies-Diversified 0.3%** | **Holding Companies-Diversified 0.3%** | **Holding Companies-Diversified 0.3%** | **Holding Companies-Diversified 0.3%** |
| Clue OpCo LLC,<br> Term B Loan, 3 Month SOFR + 4.500% | &nbsp;&nbsp;8.810 %(c) | &nbsp;&nbsp;12/19/30 |  | &nbsp;&nbsp;&nbsp;307 | &nbsp;&nbsp; $305907 |
| **Home Furnishings 0.2%** | **Home Furnishings 0.2%** | **Home Furnishings 0.2%** | **Home Furnishings 0.2%** | **Home Furnishings 0.2%** | **Home Furnishings 0.2%** |
| TGP Holdings III LLC,<br> First Lien Closing Date Term Loan, 1 Month SOFR + 3.350% | &nbsp;&nbsp;7.513(c) | &nbsp;&nbsp;06/29/28 |  | &nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233107 |
| **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** | **Household Products/Wares 0.1%** |
| Kronos Acquisition Holdings, Inc. (Canada),<br> Initial Loan 2024, 3 Month SOFR + 4.000% | &nbsp;&nbsp;8.002(c) | &nbsp;&nbsp;07/08/31 |  | &nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144505 |
| **Insurance 0.4%** | **Insurance 0.4%** | **Insurance 0.4%** | **Insurance 0.4%** | **Insurance 0.4%** | **Insurance 0.4%** |
| Acrisure LLC,<br> 2024 Repricing Term B-6 Loan, 1 Month SOFR + 3.000% | &nbsp;&nbsp;7.163(c) | &nbsp;&nbsp;11/06/30 |  | &nbsp;&nbsp;&nbsp;271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270168 |
| Asurion LLC,<br> New B-11 Term Loan, 1 Month SOFR + 4.350% | &nbsp;&nbsp;8.513(c) | &nbsp;&nbsp;08/21/28 |  | &nbsp;&nbsp;&nbsp;196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196494 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;466662 |
| **Internet 1.0%** | **Internet 1.0%** | **Internet 1.0%** | **Internet 1.0%** | **Internet 1.0%** | **Internet 1.0%** |
| Denali Intermediate Holdings, Inc.,<br> Term Loan, 1 Month SOFR + 5.500%^ | &nbsp;&nbsp;9.666(c) | &nbsp;&nbsp;05/31/32 |  | &nbsp;&nbsp;&nbsp;848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839861 |
| MH Sub I LLC, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2023 May New Term Loan, 3 Month SOFR + 4.250% | &nbsp;&nbsp;8.252(c) | &nbsp;&nbsp;05/03/28 |  | &nbsp;&nbsp;&nbsp;155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148928 |
| &nbsp;&nbsp;&nbsp;&nbsp;2024 December New Term Loan, 1 Month SOFR + 4.250% | &nbsp;&nbsp;8.413(c) | &nbsp;&nbsp;12/31/31 |  | &nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96450 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1085239 |
| **Investment Companies 1.9%** | **Investment Companies 1.9%** | **Investment Companies 1.9%** | **Investment Companies 1.9%** | **Investment Companies 1.9%** | **Investment Companies 1.9%** |
| Deep Blue Operating I LLC,<br> Term B Loan | &nbsp;&nbsp;&nbsp;&nbsp;—(p) | &nbsp;&nbsp;09/30/32 |  | &nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 |
| Hurricane CleanCo Ltd. (United Kingdom),<br> Facility A^ | 12.500 | &nbsp;&nbsp;10/31/29 | &nbsp;&nbsp;GBP | 1321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1877589 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2077589 |
| **Leisure Time 1.6%** | **Leisure Time 1.6%** | **Leisure Time 1.6%** | **Leisure Time 1.6%** | **Leisure Time 1.6%** | **Leisure Time 1.6%** |
| ClubCorp Holdings, Inc.,<br> Term Loan, 1 Month SOFR + 5.000%^ | &nbsp;&nbsp;9.163(c) | &nbsp;&nbsp;07/09/32 |  | &nbsp;&nbsp;&nbsp;589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583947 |
| International Park Holdings BV (Netherlands),<br> 2025 Facility B, 6 Month EURIBOR + 5.500%^ | &nbsp;&nbsp;7.412(c) | &nbsp;&nbsp;01/30/32 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576752 |
| LC Ahab US Bidco LLC,<br> Initial Term Loan, 1 Month SOFR + 3.000% | &nbsp;&nbsp;7.163(c) | &nbsp;&nbsp;05/01/31 |  | &nbsp;&nbsp;&nbsp;148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147939 |
| Recess Holdings, Inc.,<br> Amendment No .5 Term Loan, 3 Month SOFR + 3.750% | &nbsp;&nbsp;8.069(c) | &nbsp;&nbsp;02/20/30 |  | &nbsp;&nbsp;&nbsp;247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248030 |
| SGH2 LLC,<br> Initial Dollar Term Loan, 3 Month SOFR + 4.500% | &nbsp;&nbsp;8.508(c) | &nbsp;&nbsp;08/18/32 |  | &nbsp;&nbsp;&nbsp;225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225000 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1781668 |
| **Machinery-Diversified 0.8%** | **Machinery-Diversified 0.8%** | **Machinery-Diversified 0.8%** | **Machinery-Diversified 0.8%** | **Machinery-Diversified 0.8%** | **Machinery-Diversified 0.8%** |
| Graftech Global Enterprises, Inc.,<br> Initial Term Loan, 1 Month SOFR + 6.000% | 10.158(c) | &nbsp;&nbsp;12/21/29 |  | &nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259000 |
| Hyster-Yale Group, Inc.,<br> Term loan B Facility, 1 Month SOFR + 3.614% | &nbsp;&nbsp;7.778(c) | &nbsp;&nbsp;05/26/28 |  | &nbsp;&nbsp;&nbsp;194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188410 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Machinery-Diversified (cont'd.)** | **Machinery-Diversified (cont'd.)** | **Machinery-Diversified (cont'd.)** | **Machinery-Diversified (cont'd.)** | **Machinery-Diversified (cont'd.)** |
| Innio Group Holding GmbH,<br> 2025 Amended Facility B (USD), 1 Month SOFR + 2.250% | &nbsp;&nbsp;6.386 %(c) | &nbsp;&nbsp;11/02/28 | 123 | &nbsp;&nbsp; $122971 |
| TK Elevator Midco GmbH (Germany),<br> (USD) Term B Loan, 6 Month SOFR + 3.000% | &nbsp;&nbsp;7.197(c) | &nbsp;&nbsp;04/30/30 | 316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317076 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;887457 |
| **Media 0.4%** | **Media 0.4%** | **Media 0.4%** | **Media 0.4%** | **Media 0.4%** |
| CSC Holdings LLC,<br> 2022 Refinancing Term Loan, 1 Month SOFR + 4.500% | &nbsp;&nbsp;8.650(c) | &nbsp;&nbsp;01/18/28 | 246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243750 |
| Univision Communications, Inc.,<br> 2024 Replacement First Lien Term Loan, 1 Month SOFR + 3.614% | &nbsp;&nbsp;7.778(c) | &nbsp;&nbsp;01/31/29 | 196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194625 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438375 |
| **Metal Fabricate/Hardware 1.5%** | **Metal Fabricate/Hardware 1.5%** | **Metal Fabricate/Hardware 1.5%** | **Metal Fabricate/Hardware 1.5%** | **Metal Fabricate/Hardware 1.5%** |
| Crosby US Acquisition Corp.,<br> Amendment No. 4 Replacement Term Loan, 1 Month SOFR + 3.500% | &nbsp;&nbsp;7.663(c) | &nbsp;&nbsp;08/16/29 | 295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295727 |
| Doncasters US Finance LLC (United Kingdom), |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2025 Term Loan, 3 Month SOFR + 6.500% | 10.502(c) | &nbsp;&nbsp;04/23/30 | 279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Initial Term Loan, 3 Month SOFR + 6.500% | 10.502(c) | &nbsp;&nbsp;04/23/30 | 266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268609 |
| Grinding Media, Inc.,<br> 2024 Term B Loan, 3 Month SOFR + 3.500%^ | &nbsp;&nbsp;7.698(c) | &nbsp;&nbsp;10/12/28 | 297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295515 |
| Tiger Acquisition LLC,<br> Refinancing Initial Term Loan, 1 Month SOFR + 2.500% | &nbsp;&nbsp;6.635(c) | &nbsp;&nbsp;08/23/32 | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149362 |
| Trulite Glass & Aluminum Solutions LLC,<br> Initial Term Loan, 3 Month SOFR + 6.000%^ | 10.292(c) | &nbsp;&nbsp;03/01/30 | 316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311179 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1601778 |
| **Mining 0.1%** | **Mining 0.1%** | **Mining 0.1%** | **Mining 0.1%** | **Mining 0.1%** |
| Arsenal Aic Parent LLC,<br> 2025 Term B Loan, 1 Month SOFR + 2.750% | &nbsp;&nbsp;6.913(c) | &nbsp;&nbsp;08/18/30 | 155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155107 |
| **Miscellaneous Manufacturing 0.4%** | **Miscellaneous Manufacturing 0.4%** | **Miscellaneous Manufacturing 0.4%** | **Miscellaneous Manufacturing 0.4%** | **Miscellaneous Manufacturing 0.4%** |
| AMG Advanced Metallurgical Group NV (Netherlands),<br> 2021 Term Loan, 1 Month SOFR + 3.614% | &nbsp;&nbsp;7.778(c) | &nbsp;&nbsp;11/30/28 | 246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244933 |
| Plastipak Holdings, Inc.,<br> Term Loan | &nbsp;&nbsp;&nbsp;&nbsp;—(p) | &nbsp;&nbsp;09/30/32 | 175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174912 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419845 |
| **Oil & Gas 0.2%** | **Oil & Gas 0.2%** | **Oil & Gas 0.2%** | **Oil & Gas 0.2%** | **Oil & Gas 0.2%** |
| Apro LLC,<br> Initial Term Loan, 1 Month SOFR + 3.750% | &nbsp;&nbsp;7.942(c) | &nbsp;&nbsp;07/09/31 | 198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197010 |
| **Oil & Gas Services 0.2%** | **Oil & Gas Services 0.2%** | **Oil & Gas Services 0.2%** | **Oil & Gas Services 0.2%** | **Oil & Gas Services 0.2%** |
| MRC Global (US), Inc.,<br> Term Loan, 1 Month SOFR + 3.500%^ | &nbsp;&nbsp;7.663(c) | &nbsp;&nbsp;10/29/31 | 249 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249372 |
| **Packaging & Containers 0.6%** | **Packaging & Containers 0.6%** | **Packaging & Containers 0.6%** | **Packaging & Containers 0.6%** | **Packaging & Containers 0.6%** |
| Closure Systems International Group,<br> Amendment No. 5 Term Loan, 1 Month SOFR + 3.000% | &nbsp;&nbsp;7.163(c) | &nbsp;&nbsp;03/22/29 | &nbsp;&nbsp;74 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74190 |
| Owens-Brockway Glass Container Inc.,<br> Term B Loan^ | &nbsp;&nbsp;&nbsp;&nbsp;—(p) | &nbsp;&nbsp;10/31/32 | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149625 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Packaging & Containers (cont'd.)** | **Packaging & Containers (cont'd.)** | **Packaging & Containers (cont'd.)** | **Packaging & Containers (cont'd.)** | **Packaging & Containers (cont'd.)** | **Packaging & Containers (cont'd.)** |
| Ring Container Technologies Group LLC,<br> 2025 Refinancing Term Loan, 1 Month SOFR + 2.500% | 6.663 %(c) | &nbsp;&nbsp;09/30/32 |  | 200 | &nbsp;&nbsp; $199562 |
| Trident TPI Holdings, Inc.,<br> Tranche B-7 Term Loan, 3 Month SOFR + 3.750% | 7.752(c) | &nbsp;&nbsp;09/15/28 |  | 197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192912 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616289 |
| **Pharmaceuticals 1.7%** | **Pharmaceuticals 1.7%** | **Pharmaceuticals 1.7%** | **Pharmaceuticals 1.7%** | **Pharmaceuticals 1.7%** | **Pharmaceuticals 1.7%** |
| Amneal Pharmaceuticals LLC,<br> Amendment No.1 Term Loan, 1 Month SOFR + 3.500% | 7.663(c) | &nbsp;&nbsp;08/02/32 |  | 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399000 |
| Asterix Holdco GmbH (Germany),<br> Term B-2 Loan, 3 Month EURIBOR + 4.750% | 6.766(c) | &nbsp;&nbsp;03/29/32 | &nbsp;&nbsp;EUR | 500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588676 |
| Gainwell Acquisition Corp.,<br> Term B Loan, 3 Month SOFR + 4.100% | 8.102(c) | &nbsp;&nbsp;10/01/27 |  | 250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245619 |
| IVC Acquisition Ltd. (United Kingdom),<br> Facility B-13, SONIA + 5.119% | 9.088(c) | &nbsp;&nbsp;12/12/28 | &nbsp;&nbsp;GBP | 350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;471565 |
| Sharp Services LLC,<br> Tranche D Term Loan, 3 Month SOFR + 3.250% | 7.568(c) | &nbsp;&nbsp;12/29/28 |  | 192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191473 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1896333 |
| **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** | **Pipelines 0.4%** |
| CPPIB OVM Member US LLC,<br> Initial Term Loan, 3 Month SOFR + 2.500% | 6.502(c) | &nbsp;&nbsp;08/20/31 |  | 149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148733 |
| Rockpoint Gas Storage Partners LP (Canada),<br> Term B Loan, 3 Month SOFR + 3.000% | 7.002(c) | &nbsp;&nbsp;09/18/31 |  | 304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304962 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;453695 |
| **Real Estate Investment Trusts (REITs) 1.2%** | **Real Estate Investment Trusts (REITs) 1.2%** | **Real Estate Investment Trusts (REITs) 1.2%** | **Real Estate Investment Trusts (REITs) 1.2%** | **Real Estate Investment Trusts (REITs) 1.2%** | **Real Estate Investment Trusts (REITs) 1.2%** |
| Apollo Commercial Real Estate Finance, Inc.,<br> Initial Term Loan, 1 Month SOFR + 3.250% | 7.400(c) | &nbsp;&nbsp;06/13/30 |  | 150 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150560 |
| Blackstone Mortgage Trust, Inc.,<br> Term B-4 Loan, 1 Month SOFR + 2.500% | 6.663(c) | &nbsp;&nbsp;05/09/29 |  | 180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181099 |
| Brookfield Properties Retail Holding LLC,<br> 2025 Replacement Term Loan, 1 Month SOFR + 3.500% | 7.663(c) | &nbsp;&nbsp;05/28/30 |  | 998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999578 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1331237 |
| **Retail 0.7%** | **Retail 0.7%** | **Retail 0.7%** | **Retail 0.7%** | **Retail 0.7%** | **Retail 0.7%** |
| Dave & Buster's, Inc.,<br> 2024 Incremental Term B Loan, 3 Month SOFR + 3.250% | 7.563(c) | &nbsp;&nbsp;11/01/31 |  | 272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249304 |
| Great Outdoors Group LLC,<br> Term B-3 Loan, 1 Month SOFR + 3.250% | 7.413(c) | &nbsp;&nbsp;01/23/32 |  | 176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176049 |
| Peer Holding III BV (Netherlands),<br> Term B-4B Loan, 3 Month SOFR + 2.500% | 6.502(c) | &nbsp;&nbsp;10/26/30 |  | 174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173732 |
| PrimeSource/Park River Holdings,<br> 2025 First Lien Term B Loan | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;03/31/31 |  | 125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124922 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724007 |
| **Software 2.7%** | **Software 2.7%** | **Software 2.7%** | **Software 2.7%** | **Software 2.7%** | **Software 2.7%** |
| AthenaHealth Group, Inc.,<br> Initial Term Loan, 1 Month SOFR + 2.750% | 6.913(c) | &nbsp;&nbsp;02/15/29 |  | 275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;274189 |
| BMC Software, Inc.,<br> 2031 Replacement Dollar Term Loan, 3 Month SOFR + 3.000% | 7.199(c) | &nbsp;&nbsp;07/30/31 |  | 370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369323 |
| Cotiviti, Inc.,<br> Initial Floating Rate Term Loan, 1 Month SOFR + 2.750% | 7.030(c) | &nbsp;&nbsp;05/01/31 |  | 196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193444 |
| Genesys Cloud Services Holdings II LLC,<br> 2025 Dollar Term Loan, 1 Month SOFR + 2.500% | 6.663(c) | &nbsp;&nbsp;01/30/32 |  | 423 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419687 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** | **Floating Rate and Other Loans (Continued)** |
| **Software (cont'd.)** | **Software (cont'd.)** | **Software (cont'd.)** | **Software (cont'd.)** | **Software (cont'd.)** | **Software (cont'd.)** |
| Inmar, Inc.,<br> 2025 First Lien Term Loan, 1 Month SOFR + 4.500% | 8.582 %(c) | &nbsp;&nbsp;10/30/31 |  | &nbsp;&nbsp;&nbsp;347 | &nbsp;&nbsp; $345053 |
| Voodoo SAS (France),<br> Term Loan, 3 Month EURIBOR + 5.000%^ | 6.980(c) | &nbsp;&nbsp;04/30/30 | &nbsp;&nbsp;EUR | 1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1127494 |
| Weld North Education LLC,<br> 2024 Term Loan, 1 Month SOFR + 3.500% | 7.663(c) | &nbsp;&nbsp;12/21/29 |  | &nbsp;&nbsp;&nbsp;246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212259 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2941449 |
| **Telecommunications 1.0%** | **Telecommunications 1.0%** | **Telecommunications 1.0%** | **Telecommunications 1.0%** | **Telecommunications 1.0%** | **Telecommunications 1.0%** |
| Crown Subsea Communications Holding, Inc.,<br> 2025 Term Loan, 1 Month SOFR + 3.500% | 7.663(c) | &nbsp;&nbsp;01/30/31 |  | &nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100278 |
| Level 3 Financing, Inc.,<br> Term B-4 Loan | &nbsp;&nbsp;—(p) | &nbsp;&nbsp;03/29/32 |  | &nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275115 |
| Lumen Technologies, Inc.,<br> Term B-1 Loan, 1 Month SOFR + 2.464% | 6.628(c) | &nbsp;&nbsp;04/15/29 |  | &nbsp;&nbsp;&nbsp;274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271550 |
| Qualitytech LP,<br> Term Loan, 1 Month SOFR + 3.500%^ | 7.723(c) | &nbsp;&nbsp;10/30/31 |  | &nbsp;&nbsp;&nbsp;398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;398000 |
| Windstream Services LLC,<br> 2024 Term Loan, 1 Month SOFR + 4.850%^ | 9.013(c) | &nbsp;&nbsp;10/01/31 |  | &nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75187 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1120130 |
| **Transportation 0.7%** | **Transportation 0.7%** | **Transportation 0.7%** | **Transportation 0.7%** | **Transportation 0.7%** | **Transportation 0.7%** |
| First Student Bidco, Inc., |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Initial Term B Loan, 3 Month SOFR + 2.500% | 6.711(c) | &nbsp;&nbsp;08/15/30 |  | &nbsp;&nbsp;&nbsp;296 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295864 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Term Loan C, 3 Month SOFR + 2.500% | 6.711(c) | &nbsp;&nbsp;08/15/30 |  | &nbsp;&nbsp;&nbsp;&nbsp;54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54136 |
| Savage Enterprises LLC,<br> Term B Loan, 1 Month SOFR + 2.500% | 6.750(c) | &nbsp;&nbsp;08/04/32 |  | &nbsp;&nbsp;&nbsp;374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;374140 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;724140 |
| **Total Floating Rate and Other Loans<br> (cost $42,692,237)** | **Total Floating Rate and Other Loans<br> (cost $42,692,237)** | **Total Floating Rate and Other Loans<br> (cost $42,692,237)** | **Total Floating Rate and Other Loans<br> (cost $42,692,237)** | **Total Floating Rate and Other Loans<br> (cost $42,692,237)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42609336 |
| **Residential Mortgage-Backed Securities 3.9%** | **Residential Mortgage-Backed Securities 3.9%** | **Residential Mortgage-Backed Securities 3.9%** | **Residential Mortgage-Backed Securities 3.9%** | **Residential Mortgage-Backed Securities 3.9%** | **Residential Mortgage-Backed Securities 3.9%** |
| Lugo Funding DAC (Spain),<br> Series 2024-01A, Class C, 144A, 3 Month EURIBOR + 2.000% (Cap N/A, Floor 0.000%) | 4.026(c) | &nbsp;&nbsp;05/26/66 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;686801 |
| PMT Credit Risk Transfer Trust, |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-01R, Class A, 144A, 30 Day Average SOFR + 3.500% (Cap N/A, Floor 0.000%) | 7.856(c) | &nbsp;&nbsp;05/25/33 |  | 1742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1762259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series 2024-02R, Class A, 144A, 30 Day Average SOFR + 3.350% (Cap N/A, Floor 0.000%) | 7.690(c) | &nbsp;&nbsp;03/29/27 |  | 1752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1769757 |
| **Total Residential Mortgage-Backed Securities<br> (cost $4,121,093)** | **Total Residential Mortgage-Backed Securities<br> (cost $4,121,093)** | **Total Residential Mortgage-Backed Securities<br> (cost $4,121,093)** | **Total Residential Mortgage-Backed Securities<br> (cost $4,121,093)** | **Total Residential Mortgage-Backed Securities<br> (cost $4,121,093)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4218817 |
| **Sovereign Bonds 4.0%** | **Sovereign Bonds 4.0%** | **Sovereign Bonds 4.0%** | **Sovereign Bonds 4.0%** | **Sovereign Bonds 4.0%** | **Sovereign Bonds 4.0%** |
| Angolan Government International Bond (Angola), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 8.250 | &nbsp;&nbsp;05/09/28 |  | &nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 9.500 | &nbsp;&nbsp;11/12/25 |  | &nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310000 |
| Brazilian Government International Bond (Brazil),<br> Sr. Unsec'd. Notes(v) | 5.500 | &nbsp;&nbsp;11/06/30 |  | &nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408400 |
| Colombia Government International Bond (Colombia), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 3.750 | &nbsp;&nbsp;09/19/28 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 5.000 | &nbsp;&nbsp;09/19/32 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;278109 |
| Hungary Government International Bond (Hungary),<br> Sr. Unsec'd. Notes, 144A(v) | 6.750 | &nbsp;&nbsp;09/23/55 |  | &nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598753 |
| Ivory Coast Government International Bond (Ivory Coast), |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 4.875 | &nbsp;&nbsp;01/30/32 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes | 5.250 | &nbsp;&nbsp;03/22/30 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes(v) | 5.875 | &nbsp;&nbsp;10/17/31 | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700468 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Description** | **Interest<br> Rate** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Principal Amount<br> (000)#** | &nbsp;&nbsp;**Value** |
| **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** | **Sovereign Bonds (Continued)** |
| Ivory Coast Government International Bond (Ivory Coast), (cont'd.) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sr. Unsec'd. Notes, 144A(v) | 8.075% | &nbsp;&nbsp;04/01/36 | 550 | &nbsp;&nbsp; $568700 |
| Romanian Government International Bond (Romania),<br> Bonds, 144A | 6.625 | &nbsp;&nbsp;05/16/36 | 430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436196 |
| **Total Sovereign Bonds<br> (cost $4,051,075)** | **Total Sovereign Bonds<br> (cost $4,051,075)** | **Total Sovereign Bonds<br> (cost $4,051,075)** | **Total Sovereign Bonds<br> (cost $4,051,075)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4339362 |
| **U.S. Treasury Obligation(k) 0.9%** | **U.S. Treasury Obligation(k) 0.9%** | **U.S. Treasury Obligation(k) 0.9%** | **U.S. Treasury Obligation(k) 0.9%** | **U.S. Treasury Obligation(k) 0.9%** |
| U.S. Treasury Notes<br> (cost $919,574) | 3.625 | &nbsp;&nbsp;08/31/29 | 915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912855 |

---

---

| | | |
|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** |  |
| **Common Stock 0.2%** | **Common Stock 0.2%** | **Common Stock 0.2%** |
| **Gas Utilities** | **Gas Utilities** | **Gas Utilities** |
| Ferrellgas Partners LP (Class B Stock)\*(x)<br> (cost $215,061) | 1029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153163 |
| **Preferred Stock 0.0%** | **Preferred Stock 0.0%** | **Preferred Stock 0.0%** |
| **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** | **Electronic Equipment, Instruments & Components** |
| Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^(x)<br> (cost $25,250) | &nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25000 |
| **Total Long-Term Investments<br> (cost $137,809,612)** | **Total Long-Term Investments<br> (cost $137,809,612)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140259296 |

---

---

| | | |
|:---|:---|:---|
| **Short-Term Investment 1.8%** | **Short-Term Investment 1.8%** | **Short-Term Investment 1.8%** |
| **Affiliated Mutual Fund** |  |  |
| PGIM Core Ultra Short Bond Fund<br> (cost $1,978,012)(wb) | &nbsp;&nbsp;1978012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1978012 |
| **TOTAL INVESTMENTS 131.0%<br> (cost $139,787,624)** | **TOTAL INVESTMENTS 131.0%<br> (cost $139,787,624)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142237308 |
| Liabilities in excess of other assets(z) (31.0)% | Liabilities in excess of other assets(z) (31.0)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(33632163) |
| **Net Assets 100.0%** | **Net Assets 100.0%** | $108605145 |

---

------

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:

EUR Euro <br> GBP British Pound <br> USD US Dollar

---

| | |
|:---|:---|
| 144A | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. |
| BNP | BNP Paribas S.A. |
| BOA | Bank of America, N.A. |
| CLO | Collateralized Loan Obligation |
| DAC | Designated Activity Company |
| EURIBOR | Euro Interbank Offered Rate |
| GSI | Goldman Sachs International |
| IG | Investment Grade |
| IO | Interest Only (Principal amount represents notional) |
| JPM | JPMorgan Chase Bank N.A. |
| LP | Limited Partnership |
| M | Monthly payment frequency for swaps |
| MSI | Morgan Stanley & Co. International PLC |
| MTN | Medium Term Note |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | |
|:---|:---|
| N/A | Not Applicable |
| OTC | Over-the-counter |
| PIK | Payment-in-Kind |
| Q | Quarterly payment frequency for swaps |
| REITs | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |
| SONIA | Sterling Overnight Index Average |
| TD | The Toronto-Dominion Bank |

---

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| # | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
| ^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $10,966,066 and 10.1% of net assets. |
| (c) | Variable rate instrument. The interest rate shown reflects the rate in effect at September 30, 2025. |
| (cc) | Variable rate instrument. The rate shown is based on the latest available information as of September 30, 2025. Certain variable rate securities are not based on a published 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 reference rate and spread in their description. |
| (ff) | Variable rate security. Security may be issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end. |
| (k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
| (oo) | Perpetual security. Maturity date represents next call date. |
| (p) | Represents a security with a delayed settlement and therefore the interest rate is not available until settlement which is after the period end. |
| (v) | Represents security, or a portion thereof, segregated as collateral for reverse repurchase agreements. |
| (wb) | Represents an investment in a Fund affiliated with the Manager. |
| (x) | The following represents restricted securities that are acquired in unregistered, private sales from the issuing company or from an affiliate of the issuer and is considered restricted as to disposition under federal securities law. |

---

(x) Restricted Securities:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer** | **Acquisition<br> Date** | **Original<br> Cost** | **Market<br> Value** | **Percentage<br> of<br> Net Assets** |
| Digicel International Finance Ltd./DIFL US LLC (Jamaica), Sr. Sec'd. Notes, 144A, 8.625%, 08/01/32 | 07/30/25 | $200000 | $205190 | 0.2% |
| Ferrellgas Escrow LLC, 8.956%, Maturing 03/30/31^ | 06/26/24 | &nbsp;&nbsp;&nbsp;&nbsp;25250 | &nbsp;&nbsp;&nbsp;&nbsp;25000 | 0.0 |
| Ferrellgas Partners LP (Class B Stock)\* | 07/26/24 | &nbsp;&nbsp;&nbsp;215061 | &nbsp;&nbsp;&nbsp;153163 | 0.2 |
| &nbsp;&nbsp;&nbsp;**Total** |  | $440311 | $383353 | 0.4% |

---

(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:

#### Unfunded corporate bond commitment outstanding at September 30, 2025 :

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Issuer** | **Principal<br> Amount<br> (000)#** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| New Generation Gas Gathering LLC, Sr. Sec'd. Notes, 144A, —%(p), Maturity Date 09/30/29 (cost $45,257)^ | 46 | $45257 | $— | $— |

---

#### Unfunded loan commitments outstanding at September 30, 2025 :

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Borrower** | **Principal<br> Amount<br> (000)** | **Current<br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| ClubCorp Holdings, Inc., Delayed Draw Term Loan, 1.000%, Maturity Date 07/09/32 (cost $37,841)^ | &nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; $38084 | &nbsp;&nbsp;&nbsp;&nbsp; $243 | &nbsp;&nbsp;&nbsp;&nbsp; $— |
| ClubCorp Holdings, Inc., Revolver Loan, 0.500%, Maturity Date 07/10/31 (cost $63,067)^ | &nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Denali Intermediate Holdings, Inc., Revolver Loan, —%(p), Maturity Date 05/31/32 (cost $83,998)^ | &nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) |
| Doncasters US Finance LLC, 2025 Delayed Draw Term Loan, —%(p), Maturity Date 04/01/30 (cost $420,000) | 420 | &nbsp;&nbsp;&nbsp;&nbsp;424200 | &nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Dukes Education Group Ltd., Term Loan, 1.000%, Maturity Date 11/27/28 (cost $504,104)^ | 399 | &nbsp;&nbsp;&nbsp;&nbsp;536114 | &nbsp;&nbsp;&nbsp;32010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Graftech Global Enterprises, Inc., Delayed Draw Term Loan, 3.750%, Maturity Date 12/21/29 (cost $151,337) | 145 | &nbsp;&nbsp;&nbsp;&nbsp;148000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;(3337) |
|  |  | $1293856 | $36858 | $(3349) |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures contracts outstanding at September 30, 2025:** | **Futures contracts outstanding at September 30, 2025:** | **Futures contracts outstanding at September 30, 2025:** | **Futures contracts outstanding at September 30, 2025:** | **Futures contracts outstanding at September 30, 2025:** |
| **Number<br> of<br> Contracts** | **Type** | **Expiration<br> Date** | **Current<br> Notional<br> Amount** | **Value /<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| **Long Positions:** | **Long Positions:** | **Long Positions:** | **Long Positions:** | **Long Positions:** |
| 33 | 2 Year U.S. Treasury Notes | Dec. 2025 | $6877148 | $5708 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Futures contracts outstanding at September 30, 2025 (continued):** | **Futures contracts outstanding at September 30, 2025 (continued):** | **Futures contracts outstanding at September 30, 2025 (continued):** | **Futures contracts outstanding at September 30, 2025 (continued):** | **Futures contracts outstanding at September 30, 2025 (continued):** |
| **Number<br> of<br> Contracts** | **Type** | **Expiration<br> Date** | **Current<br> Notional<br> Amount** | **Value /<br> Unrealized<br> Appreciation<br> (Depreciation)** |
| **Long Positions (cont'd):** | **Long Positions (cont'd):** | **Long Positions (cont'd):** | **Long Positions (cont'd):** | **Long Positions (cont'd):** |
| 72 | 5 Year U.S. Treasury Notes | Dec. 2025 | $7862062 | $7497 |
| 40 | Bloomberg IG Credit | Dec. 2025 | &nbsp;&nbsp;&nbsp;4251000 | &nbsp;&nbsp;&nbsp;(3279) |
|  |  |  |  | $9926 |

---

#### Forward foreign currency exchange contracts outstanding at September 30, 2025 :

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchase<br> Contracts** | &nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;&nbsp;**Value at<br> Settlement<br> Date** | &nbsp;&nbsp;&nbsp;**Current<br> Value** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459 | &nbsp;&nbsp;&nbsp;&nbsp; $621718 | &nbsp;&nbsp;&nbsp;&nbsp; $616888 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp; $(4830) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(2315) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(337) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;4066 | &nbsp;&nbsp;&nbsp;&nbsp;5501857 | &nbsp;&nbsp;&nbsp;&nbsp;5468985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(32872) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(550) |
| &nbsp;&nbsp;&nbsp;Expiring 11/05/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;EUR | &nbsp;&nbsp;11585 | &nbsp;&nbsp;&nbsp;&nbsp;13612764 | &nbsp;&nbsp;&nbsp;&nbsp;13603429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(9335) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246006 | &nbsp;&nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  |  | &nbsp;&nbsp;$20475196 | &nbsp;&nbsp;$20426258 | &nbsp;&nbsp;&nbsp;&nbsp;1307 | &nbsp;&nbsp;&nbsp;&nbsp;(50245) |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Sale<br> Contracts** | &nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;&nbsp;**Value at<br> Settlement<br> Date** | &nbsp;&nbsp;&nbsp;**Current<br> Value** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;4815 | &nbsp;&nbsp; $6503100 | &nbsp;&nbsp; $6475584 | &nbsp;&nbsp; $27516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;JPM | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 11/05/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;4066 | &nbsp;&nbsp;&nbsp;&nbsp;5502719 | &nbsp;&nbsp;&nbsp;&nbsp;5469867 | &nbsp;&nbsp;&nbsp;&nbsp;32852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 11/05/25 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;BNP | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;67465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;EUR | &nbsp;&nbsp;11172 | &nbsp;&nbsp;&nbsp;&nbsp;13045588 | &nbsp;&nbsp;&nbsp;&nbsp;13118580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(72992) |
| &nbsp;&nbsp;&nbsp;Expiring 10/02/25 | &nbsp;&nbsp;TD | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663390 | &nbsp;&nbsp;&nbsp;&nbsp;6764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 11/05/25 | &nbsp;&nbsp;BOA | &nbsp;&nbsp;EUR | &nbsp;&nbsp;11585 | &nbsp;&nbsp;&nbsp;&nbsp;13640592 | &nbsp;&nbsp;&nbsp;&nbsp;13631846 | &nbsp;&nbsp;&nbsp;&nbsp;8746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 11/05/25 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144397 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  |  |  |  | &nbsp;&nbsp;$39733096 | &nbsp;&nbsp;$39729470 | &nbsp;&nbsp;&nbsp;&nbsp;76618 | &nbsp;&nbsp;&nbsp;&nbsp;(72992) |
|  |  |  |  |  |  | &nbsp;&nbsp;$77925 | &nbsp;&nbsp;$(123237) |

---

#### Credit default swap agreements outstanding at September 30, 2025 :

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Entity/<br> Obligation** | **Termination<br> Date** | &nbsp;&nbsp;&nbsp;**Fixed<br> Rate** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)#(3)** | &nbsp;&nbsp;&nbsp;**Fair<br> Value** | &nbsp;&nbsp;&nbsp;**Upfront<br> Premiums<br> Paid<br> (Received)** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Counterparty** |
| **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** | **OTC Credit Default Swap Agreement on asset-backed and/or mortgage-backed securities - Sell Protection(2)^:** |
| GS_24-PCA<sup>††</sup> | 08/02/27 | &nbsp;&nbsp;1.650%(M) | &nbsp;&nbsp;2000 &nbsp;&nbsp;\* | &nbsp;&nbsp; $2674 | &nbsp;&nbsp;$(109) | &nbsp;&nbsp;$2783 | &nbsp;&nbsp;GSI |

---

†† The value of the contract, GS_24-PCA is derived from the aggregate credit performance of a pool of senior prime jumbo mortgages. The pool of prime jumbo mortgages is reset monthly. <br>

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

#### Credit default swap agreements outstanding at September 30, 2025 (continued):<br>

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br> Entity/<br> Obligation** | &nbsp;&nbsp;&nbsp;**Termination<br> Date** | &nbsp;&nbsp;&nbsp;**Fixed<br> Rate** | &nbsp;&nbsp;&nbsp;**Notional<br> Amount<br> (000)#(3)** | &nbsp;&nbsp;&nbsp;**Implied<br> Credit<br> Spread at<br> September 30,<br> 2025(4)** | &nbsp;&nbsp;&nbsp;**Fair<br> Value** | &nbsp;&nbsp;&nbsp;**Upfront<br> Premiums<br> Paid<br> (Received)** | &nbsp;&nbsp;&nbsp;**Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Counterparty** |
| **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** | **OTC Credit Default Swap Agreements on corporate and/or sovereign issues - Sell Protection(2):** |
| Petroleos Mexicanos | &nbsp;&nbsp;12/20/25 | &nbsp;&nbsp;1.000%(Q) | &nbsp;&nbsp;156 | &nbsp;&nbsp;1.150% | &nbsp;&nbsp;&nbsp;&nbsp; $(13) | &nbsp;&nbsp;&nbsp;&nbsp; $(548) | &nbsp;&nbsp;&nbsp;&nbsp; $535 | &nbsp;&nbsp;MSI |
| Petroleos Mexicanos | &nbsp;&nbsp;12/24/25 | &nbsp;&nbsp;3.750%(Q) | &nbsp;&nbsp;100 | &nbsp;&nbsp;1.151% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;GSI |
| Petroleos Mexicanos^ | &nbsp;&nbsp;03/23/26 | &nbsp;&nbsp;4.100%(Q) | &nbsp;&nbsp;450 | &nbsp;&nbsp;\* | &nbsp;&nbsp;&nbsp;&nbsp;5515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;5515 | &nbsp;&nbsp;GSI |
| Petroleos Mexicanos^ | &nbsp;&nbsp;05/07/26 | &nbsp;&nbsp;4.750%(Q) | &nbsp;&nbsp;554 | &nbsp;&nbsp;\* | &nbsp;&nbsp;&nbsp;&nbsp;13193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;13193 | &nbsp;&nbsp;GSI |
| Republic of Argentina | &nbsp;&nbsp;06/20/26 | &nbsp;&nbsp;5.000%(Q) | &nbsp;&nbsp;560 | &nbsp;&nbsp;7.132% | &nbsp;&nbsp;&nbsp;&nbsp;(7595) | &nbsp;&nbsp;&nbsp;&nbsp;(5496) | &nbsp;&nbsp;&nbsp;&nbsp;(2099) | &nbsp;&nbsp;MSI |
| Republic of Ivory Coast | &nbsp;&nbsp;06/20/27 | &nbsp;&nbsp;1.000%(Q) | &nbsp;&nbsp;500 | &nbsp;&nbsp;1.821% | &nbsp;&nbsp;&nbsp;&nbsp;(6671) | &nbsp;&nbsp;&nbsp;&nbsp;(13182) | &nbsp;&nbsp;&nbsp;&nbsp;6511 | &nbsp;&nbsp;MSI |
| SoftBank Group Corp. | &nbsp;&nbsp;06/20/26 | &nbsp;&nbsp;1.000%(Q) | &nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;0.872% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(337) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;GSI |
|  |  |  |  |  | &nbsp;&nbsp;$5219 | &nbsp;&nbsp;$(19563) | &nbsp;&nbsp;$24782 |  |

---

The Fund entered into credit default swaps ("CDS") to provide a measure of protection against defaults or to take an active long or short position with respect to the likelihood of a particular issuer's default or the reference entity's credit soundness. CDS contracts generally trade based on a spread which represents the cost a protection buyer has to pay the protection seller. The protection buyer is said to be short the credit as the value of the contract rises the more the credit deteriorates. The value of the CDS contract increases for the protection buyer if the spread increases.

(1) If the Fund is a buyer of protection, it pays the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and make delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

(2) If the Fund is a seller of protection, it receives the fixed rate. When a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

(3) Notional amount represents the maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

(4) Implied credit spreads, represented in absolute terms, utilized in determining the fair value of credit default swap agreements where the Fund is the seller of protection as of the reporting date serve as an indicator of the current status of the payment/ performance risk and represent the likelihood of risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include up-front payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement.

\* When an implied credit spread is not available, reference the fair value of credit default swap agreements on credit indices and asset-backed securities. Where the Fund is the seller of protection, it serves as an indicator of the current status of the payment/performance risk and represents the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the reporting date. Increasing fair value in absolute terms, when compared to the notional amount of the swap, represents a deterioration of the referenced entity's credit soundness and a greater likelihood of risk of default or other credit event occurring as defined under the terms of the agreement.

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reverse repurchase agreements outstanding at September 30, 2025:** | **Reverse repurchase agreements outstanding at September 30, 2025:** | **Reverse repurchase agreements outstanding at September 30, 2025:** | **Reverse repurchase agreements outstanding at September 30, 2025:** | **Reverse repurchase agreements outstanding at September 30, 2025:** | **Reverse repurchase agreements outstanding at September 30, 2025:** |
| **Broker** | &nbsp;&nbsp;&nbsp;**Interest<br> Rate<sup>(cc)</sup>** | &nbsp;&nbsp;&nbsp;**Trade<br> Date** | &nbsp;&nbsp;&nbsp;**Cost** | &nbsp;&nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;&nbsp;**Value at<br> September 30,<br> 2025** |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.260% | &nbsp;&nbsp;08/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; $745034 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp; $749374 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.260% | &nbsp;&nbsp;08/19/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;657541 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661372 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.260% | &nbsp;&nbsp;08/19/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645197 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648956 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.260% | &nbsp;&nbsp;08/19/25 | &nbsp;&nbsp;&nbsp;&nbsp;1291796 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1299321 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.260% | &nbsp;&nbsp;08/19/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;911681 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916992 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;2.520% | &nbsp;&nbsp;05/02/25 | &nbsp;&nbsp;&nbsp;&nbsp;1313119 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1356028 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.170% | &nbsp;&nbsp;08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.240% | &nbsp;&nbsp;04/29/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404938 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;404938 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.300% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222000 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222000 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.320% | &nbsp;&nbsp;07/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520800 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520800 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.320% | &nbsp;&nbsp;08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.420% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;467500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.420% | &nbsp;&nbsp;04/29/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438781 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438781 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.420% | &nbsp;&nbsp;08/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184250 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184250 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;05/14/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205313 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205313 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266906 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266906 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261594 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261594 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207281 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207281 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214375 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214375 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.430% | &nbsp;&nbsp;08/28/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681000 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;681000 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.440% | &nbsp;&nbsp;01/07/25 | &nbsp;&nbsp;&nbsp;&nbsp;1385625 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1385625 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;10/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220313 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220313 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;10/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;10/15/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488125 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;488125 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446875 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;446875 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753187 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753187 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;02/26/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.450% | &nbsp;&nbsp;06/02/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227219 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227219 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.460% | &nbsp;&nbsp;07/31/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;03/07/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;03/07/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252375 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252375 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;03/07/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679000 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;679000 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199063 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199063 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;05/01/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215719 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215719 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.470% | &nbsp;&nbsp;06/10/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173250 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173250 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.490% | &nbsp;&nbsp;04/29/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861250 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861250 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.500% | &nbsp;&nbsp;02/23/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907031 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;907031 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.500% | &nbsp;&nbsp;02/23/24 | &nbsp;&nbsp;&nbsp;&nbsp;1148437 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1148437 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.500% | &nbsp;&nbsp;03/04/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608344 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;608344 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.500% | &nbsp;&nbsp;03/07/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.520% | &nbsp;&nbsp;08/28/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475062 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475062 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;02/12/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;02/12/24 | &nbsp;&nbsp;&nbsp;&nbsp;1012781 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1012781 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;03/19/24 | &nbsp;&nbsp;&nbsp;&nbsp;1685250 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;1685250 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;03/19/24 | &nbsp;&nbsp;&nbsp;&nbsp;2072875 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;2072875 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;03/21/24 | &nbsp;&nbsp;&nbsp;&nbsp;2085000 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;2085000 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;06/28/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383400 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;383400 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;07/17/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415363 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415363 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;07/17/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235500 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235500 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.540% | &nbsp;&nbsp;07/17/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470062 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470062 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.570% | &nbsp;&nbsp;04/11/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915750 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;915750 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.570% | &nbsp;&nbsp;04/11/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363906 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363906 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.570% | &nbsp;&nbsp;04/11/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836250 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;836250 |
| BNP Paribas S.A.<br>| &nbsp;&nbsp;4.770% | &nbsp;&nbsp;09/05/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;903616 | &nbsp;&nbsp;Open | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898771 |
|  |  |  | &nbsp;&nbsp;$34128734 |  | &nbsp;&nbsp;$34191564 |

---

------

### PGIM Credit Income Fund

### Schedule of Investments (unaudited) (continued)
as of September 30, 2025

Open maturity dates - Certain agreements have no stated maturity and can be terminated by either party at any time.

The gross obligations for secured borrowing by the type of collateral pledged and remaining time to maturity on reverse repurchase contracts is as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Remaining Contractual Maturity of the Agreements** | **Remaining Contractual Maturity of the Agreements** | **Remaining Contractual Maturity of the Agreements** | **Remaining Contractual Maturity of the Agreements** | **Remaining Contractual Maturity of the Agreements** | **Remaining Contractual Maturity of the Agreements** |
| **Reverse Repurchase<br> Agreements** | **Overnight and<br> Continuous** | **Less than 30 Days** | **30-90 Days** | **More than 90 Days** | **Total** |
| Corporate Bonds | $— | $— | $— | $31486993 | $31486993 |
| Sovereign Bonds | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;2704571 | &nbsp;&nbsp;&nbsp;&nbsp;2704571 |
| **Total Borrowings** | $— | $— | $— | $34191564 | $34191564 |

---

During the reporting period ended September 30, 2025, the Fund held reverse repurchase agreements with an average value of $32,077,473 and a daily weighted average interest rate of 4.664%. In addition, cash of $1,225,000 and Corporate Bonds with a market value of $38,458,192 has been segregated as collateral to cover the requirements for the reverse repurchase agreements outstanding at period end.

*Other information regarding the Fund is available in the Fund's most recent Report to Shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PGIM Credit Income Fund

- **b. Investment Company Act file number:** 811-23894

- **c. CIK number of Registrant:** 0001989582

- **d. LEI of Registrant:** 5299007RXP58VIJUDJ20

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

  - **Street Address 1:** 655 Broad Street

  - **City:** NEWARK

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-800-225-1852

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

- **a. Name of Series:** PGIM Credit Income Fund

- **c. LEI of Series:** 5299007RXP58VIJUDJ20

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $149374232.18

**Total Liabilities:** $41234653.93

**Net Assets:** $108139578.25

**Cash Not Reported:** $2532355.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 103.29349000 | **1-Year:** 2227.32413000 | **5-Year:** 10292.77562000 | **10-Year:** 3162.77191000 | **30-Year:** 182.15798000

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

- **3-Month:** 182.96910000 | **1-Year:** 9167.32331000 | **5-Year:** 9729.76323000 | **10-Year:** 667.96787000 | **30-Year:** 4.17678000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 0.56%                | 0.94%                | -0.03%               |
| Class ID C000000002 | 0.57%                | 1.04%                | 0.00%                |
| Class ID C000000001 | 0.50%                | 0.92%                | -0.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $291324.93               | $-1021547.96                               |
| Month 2  | $199391.43               | $541925.49                                 |
| Month 3  | $90994.20                | $-753429.43                                |

**Designated Index Information**

- **Index Name:** PGIM Credit Income Fund_Ex Derivatives BM

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                           | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE SCOTTS MIRACLE-GRO COMPANY                 | SCOTTS MIRACLE GRO CO                                                 | CUSIP: 000000000<br>LEI: 2TH9E0JTOUXOEGI2R879 | Short            | RA               | CORP              | US        |   -199062 | PA      | $-199062.50   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                      | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |    245592 | PA      | $243750.02    | 0.23%             | 2028-01-18      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| VT TOPCO INC                                   | VT TOPCO INC                                                          | CUSIP: 91838LAK6<br>LEI: 5493007T812R37X02Y38 | Long             | LON              | CORP              | US        |    174121 | PA      | $168374.62    | 0.16%             | 2030-08-09      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                        | BROWN GROUP HOLDING LLC                                               | CUSIP: 11565HAB2<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |     98977 | PA      | $99018.43     | 0.09%             | 2031-07-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | DISH NETWORK CORP                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |  -1385625 | PA      | $-1385625.00  | -1.28%            |  |  |  | No            |                  2 | On Loan: No      |
| Lumen Technologies Inc                         | LUMEN TECHNOLOGIES INC                                                | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    274301 | PA      | $272243.66    | 0.25%             | 2029-04-16      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| KKR Financial CLO Ltd                          | KKR CLO 43 Ltd                                                        | CUSIP: 48255UAS3<br>LEI: 25490088LQLWORRKOM10 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1011388.80   | 0.94%             | 2036-01-15      | Floating      | 9.27%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                          | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    548000 | PA      | $504868.22    | 0.47%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag                 | Wells Fargo Commercial Mortgage Trust 2021-FCMT                       | CUSIP: 95003EAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1296854.78   | 1.20%             | 2031-05-15      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Barrow Hanley CLO LTD                          | Barrow Hanley CLO III Ltd                                             | CUSIP: 06875VAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1020657.50   | 0.94%             | 2037-04-20      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                        | CDS CDX.NA.HY.42.V1                                                   | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCR              | CORP              | US        |         1 | NC      | $2674.55      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    104000 | PA      | $116289.18    | 0.11%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -214375 | PA      | $-214375.00   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                   | MH SUB I LLC                                                          | CUSIP: 45567YAN5<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    155032 | PA      | $148927.68    | 0.14%             | 2028-05-03      | Floating      | 8.38%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2025-SPOT                                | CUSIP: 12433FAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    499166 | PA      | $499165.65    | 0.46%             | 2040-04-15      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| CLUE OPCO LLC                                  | Clue Opco LLC                                                         | CUSIP: 36267QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1613000 | PA      | $1725102.99   | 1.60%             | 2031-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP                              | EMRLD BORROWER LP                                                     | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    221510 | PA      | $220558.64    | 0.20%             | 2031-08-04      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                 | OWENS-BROCKWAY                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    150000 | PA      | $149625.00    | 0.14%             | 2032-09-27      | Floating      | 7.15%                 | No            |                  3 | On Loan: No      |
| BNP PARIBAS                                    | PREEM HLDG AB                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -781050 | PA      | $-916991.75   | -0.85%            |  |  |  | No            |                  2 | On Loan: No      |
| TGP HOLDINGS III LLC                           | TGP Holdings III LLC                                                  | CUSIP: 87251RAK9<br>LEI: 549300LURVM6CQ1MNO41 | Long             | LON              | CORP              | US        |    249690 | PA      | $233070.54    | 0.22%             | 2028-06-29      | Floating      | 7.52%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                         | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    225000 | PA      | $229500.00    | 0.21%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | MAXIM CRANE WORKS HLDGS CAP                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -378500 | PA      | $-378500.00   | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                           | Royal Bank of Canada                                                  | CUSIP: 780082AR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    750000 | PA      | $789375.00    | 0.73%             | 2084-05-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PEGASUS BIDCO BV                               | PEGASUS BIDCO BV                                                      | CUSIP: 000000000<br>LEI: 254900U303DPAFR7MA71 | Long             | LON              | CORP              | NL        |    191602 | PA      | $191921.51    | 0.18%             | 2029-07-12      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| MADISON SAFETY & FLOW                          | MADISON SAFETY & FLOW                                                 | CUSIP: 55822DAM3<br>LEI: 5493007D2J7BBIFYBY65 | Long             | LON              | CORP              | US        |    123999 | PA      | $124158.10    | 0.11%             | 2031-09-26      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC                             | PINNACLE BUYER LLC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     28226 | PA      | $28249.32     | 0.03%             | 2032-09-13      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Clue Opco LLC                                  | CLUE OPCO LLC                                                         | CUSIP: 18948EAC0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    307444 | PA      | $305907.22    | 0.28%             | 2030-12-19      | Floating      | 8.69%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                               | Iris Holding Inc                                                      | CUSIP: 46271BAB6<br>LEI: 54930013SPZ2NB3I3V40 | Long             | LON              | CORP              | US        |    210657 | PA      | $204073.54    | 0.19%             | 2028-06-28      | Floating      | 9.05%                 | No            |                  2 | On Loan: No      |
| MIP V WASTE LLC                                | MIP V WASTE LLC                                                       | CUSIP: 000000000<br>LEI: 254900RELOGHR3ZGIQ56 | Long             | LON              | CORP              | US        |     75000 | PA      | $75093.75     | 0.07%             | 2032-08-20      | Floating      | 6.89%                 | No            |                  3 | On Loan: No      |
| GS Mortgage Securities Trust                   | GS Mortgage Securities Corp Trust 2025-800D                           | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205000 | PA      | $205290.46    | 0.19%             | 2041-11-25      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                          | Toronto-Dominion Bank/The                                             | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    785000 | PA      | $825816.62    | 0.76%             | 2084-07-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                   | Huntington Bank Auto Credit-Linked Notes Series 2024-1                | CUSIP: 44644NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    203377 | PA      | $208324.39    | 0.19%             | 2032-05-20      | Floating      | 9.64%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                              | CUSIP: 431318BC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    975000 | PA      | $1023475.36   | 0.95%             | 2033-11-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | MCAFEE CORP                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -418750 | PA      | $-418750.00   | -0.39%            |  |  |  | No            |                  2 | On Loan: No      |
| DENALI INTERMEDIATE HLDG INC                   | DENALI INTERMEDIATE HLDG INC                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    848345 | PA      | $839861.36    | 0.78%             | 2032-05-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| PARK RIVER HOLDINGS INC                        | PARK RIVER HOLDINGS INC                                               | CUSIP: 000000000<br>LEI: 254900PGY077KWCROT75 | Long             | LON              | CORP              | US        |    125000 | PA      | $124921.88    | 0.12%             | 2031-09-25      | Floating      | 8.53%                 | No            |                  2 | On Loan: No      |
| CLUBCORP HLDGS INC                             | CLUBCORP HLDGS INC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38398 | PA      | $38083.49     | 0.04%             | 2032-07-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    420000 | PA      | $415830.26    | 0.38%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE                           | Wolverine World Wide Inc                                              | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |    975000 | PA      | $891528.47    | 0.82%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENVISION HEALTHCARE OPERATING INC              | ENVISION HEALTHCARE OPERATING INC                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    419492 | PA      | $422113.35    | 0.39%             | 2030-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GATEGROUP US FINANCE INC                       | GATEGROUP US FINANCE INC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    324188 | PA      | $323782.27    | 0.30%             | 2032-06-10      | Floating      | 8.44%                 | No            |                  2 | On Loan: No      |
| Hayfin Emerald CLO                             | Hayfin Emerald CLO V DAC                                              | CUSIP: 000000000<br>LEI: 549300FO5F55WI5RCR50 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1175403.68   | 1.09%             | 2037-11-17      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| FRONERI US INC                                 | FRONERI US INC                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    600000 | PA      | $598702.80    | 0.55%             | 2032-07-16      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO B SARL                        | SUMMER BC HOLDCO B SARL                                               | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | LON              | CORP              | LU        |    174118 | PA      | $171506.60    | 0.16%             | 2029-02-21      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| CLUBCORP HOLDINGS INC                          | CLUBCORP HOLDINGS INC                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    588775 | PA      | $583946.86    | 0.54%             | 2032-04-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| CP ATLAS BUYER INC                             | CP ATLAS BUYER INC                                                    | CUSIP: 12658HAL6<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | LON              | CORP              | US        |    225000 | PA      | $217406.25    | 0.20%             | 2030-07-08      | Floating      | 9.38%                 | No            |                  3 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                        | CUSIP: 629377CU4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1965184.64   | 1.82%             | N/A             | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| GLOBO COMMUNICACOES PART                       | Globo Comunicacao e Participacoes S/A                                 | CUSIP: 000000000<br>LEI: 52990054HEKS017PVR75 | Long             | DBT              | CORP              | BR        |    250000 | PA      | $241327.50    | 0.22%             | 2030-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | MPT OPERATING PARTNERSHIP LP                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -112750 | PA      | $-112750.00   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Sales Finance Master T                 | Genesis Sales Finance Master Trust                                    | CUSIP: 37186XAY1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007574.90   | 0.93%             | 2032-12-20      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | MGM RESORTS INTL                                                      | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |   -907031 | PA      | $-907031.25   | -0.84%            |  |  |  | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                        | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2156220.00   | 1.99%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC         | CDS REPUBLIC OF COTE D'IVOIRE                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $-6671.29     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | VIRGIN MEDIA SEC FIN PLC                                              | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -668281 | PA      | $-898771.45   | -0.83%            |  |  |  | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                       | Bellis Acquisition Co PLC                                             | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    296000 | PA      | $351862.79    | 0.33%             | 2031-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    575000 | PA      | $551622.08    | 0.51%             | 2029-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                        | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    425000 | PA      | $424154.25    | 0.39%             | 2028-08-26      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| BNP PARIBAS                                    | SCIENTIFIC GAMES HLDGS                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -446875 | PA      | $-446875.00   | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| NEWGENERATIONGASGATHERINGLLC                   | NEWGENERATIONGASGATHERINGLLC                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    229729 | PA      | $226283.07    | 0.21%             | 2029-09-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                     | USD/GBP FORWARD                                                       | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-2651.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                         | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $21378.32     | 0.02%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Corp                                                           | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2333777.23   | 2.16%             | N/A             | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION AUTOMOTIVE GRP LTD               | CONSTELLATION AUTOMOTIVE GRP LTD                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1150569.00   | 1.06%             | 2031-02-28      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| SGH2 LLC                                       | SGH2 LLC                                                              | CUSIP: 78424SAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    225000 | PA      | $225000.00    | 0.21%             | 2032-08-18      | Floating      | 8.64%                 | No            |                  2 | On Loan: No      |
| ARES Commercial Mortgage Trust                 | ARES Trust 2025-IND3                                                  | CUSIP: 039955AJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $450281.25    | 0.42%             | 2042-04-15      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| VOODOO SAS                                     | VOODOO SAS                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |   1000000 | PA      | $1127494.22   | 1.04%             | 2030-02-28      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BNP PARIBAS                                    | MEXICO CITY                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -222000 | PA      | $-222000.00   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | VENTURE GLOBAL LNG INC                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -354500 | PA      | $-354500.00   | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| CLUBCORP HLDGS INC                             | CLUBCORP HLDGS INC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63997 | PA      | $63472.48     | 0.06%             | 2032-07-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                       | GRAFTECH GLOBAL ENTERPRI                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    254545 | PA      | $259000.00    | 0.24%             | 2029-12-21      | Floating      | 10.15%                | No            |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                         | Mexico City Airport Trust                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    400000 | PA      | $347000.00    | 0.32%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS GATHERING LLC               | NEW GENERATION GAS GATHERING LLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275675 | PA      | $271539.88    | 0.25%             | 2029-09-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO                       | Colombia Telecomunicaciones SA ESP                                    | CUSIP: 000000000<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |    250000 | PA      | $230165.00    | 0.21%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                            | Braskem Netherlands Finance BV                                        | CUSIP: 10554TAH8<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $79240.00     | 0.07%             | 2031-01-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HYSTER-YALE GROUP INC                          | Hyster-Yale Group Inc                                                 | CUSIP: 44932EAD2<br>LEI: 549300YQQLNL8QCBYH04 | Long             | LON              | CORP              | US        |    244237 | PA      | $236910.28    | 0.22%             | 2028-05-30      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| GRANT THORNTON ADVISORS                        | GRANT THORNTON ADVISORS                                               | CUSIP: 38821UAD2<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |    148505 | PA      | $147328.98    | 0.14%             | 2031-05-30      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                          | EG Global Finance PLC                                                 | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |   1085000 | PA      | $1393330.84   | 1.29%             | 2028-11-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                             | Angolan Government International Bond                                 | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    310000 | PA      | $310000.00    | 0.29%             | 2025-11-12      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| PMT CREDIT RISK TRANSFER TRUST                 | PMT Credit Risk Transfer Trust 2024-1R                                | CUSIP: 73015AAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1741534 | PA      | $1762258.66   | 1.63%             | 2033-05-25      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2025-SPOT                                | CUSIP: 12433FAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    499166 | PA      | $499165.65    | 0.46%             | 2040-04-15      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| BINGO HOLDINGS I LLC                           | BINGO HOLDINGS I LLC                                                  | CUSIP: 09081AAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $499166.50    | 0.46%             | 2032-06-30      | Floating      | 8.91%                 | No            |                  2 | On Loan: No      |
| GRINDING MEDIA INC                             | GRINDING MEDIA INC                                                    | CUSIP: 39854KAC4<br>LEI: 254900IYFJ03EGFQ8C34 | Long             | LON              | CORP              | US        |    297000 | PA      | $295515.00    | 0.27%             | 2028-10-12      | Floating      | 7.70%                 | No            |                  3 | On Loan: No      |
| CFE FIBRA E                                    | CFE Fibra E                                                           | CUSIP: 125276AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    200000 | PA      | $200860.00    | 0.19%             | 2040-09-23      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    100000 | PA      | $99738.00     | 0.09%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                  | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    225000 | PA      | $234454.54    | 0.22%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                        | MONTICHEM HOLDCO 3 SA                                                 | CUSIP: 000000000<br>LEI: 222100SJHJ1CNJMSW162 | Short            | RA               | CORP              | US        |  -1155000 | PA      | $-1356027.75  | -1.25%            |  |  |  | No            |                  2 | On Loan: No      |
| DISCOVERY ENERGY HOLDING                       | DISCOVERY ENERGY HOLDING                                              | CUSIP: 25472PAB6<br>LEI: 254900T31FAYMRQSAA12 | Long             | LON              | CORP              | US        |    251886 | PA      | $252200.73    | 0.23%             | 2031-05-02      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| LC AHAB US BIDCO LLC                           | LC AHAB US BIDCO LLC                                                  | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |    148124 | PA      | $147938.92    | 0.14%             | 2031-05-01      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC       | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    118000 | PA      | $124195.00    | 0.11%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                    | CDS CDX.NA.HY.43.V1                                                   | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $5514.85      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| DENALI INTERMEDIATE HLDG INC                   | DENALI INTERMEDIATE HLDG INC                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84834 | PA      | $83986.14     | 0.08%             | 2032-05-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| GLOVES BUYER INC                               | GLOVES BUYER INC                                                      | CUSIP: 37987UAG7<br>LEI: 54930015O0Y94T5H8Z18 | Long             | LON              | CORP              | US        |    350000 | PA      | $339281.25    | 0.31%             | 2032-05-24      | Floating      | 8.14%                 | No            |                  2 | On Loan: No      |
| PHOENIX GUARANTOR INC                          | PHOENIX GUARANTOR INC                                                 | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |    246262 | PA      | $246262.48    | 0.23%             | 2031-02-21      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| IVC ACQUISITION LTD                            | IVC ACQUISITION LTD                                                   | CUSIP: 000000000<br>LEI: 5493000Y4FS5LU4IPV32 | Long             | LON              | CORP              | GB        |    350000 | PA      | $471565.11    | 0.44%             | 2028-12-21      | Floating      | 8.97%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    201000 | PA      | $235394.09    | 0.22%             | 2030-03-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | IVORY COAST                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -404938 | PA      | $-404937.50   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| HUDSON RIVER TRADING LLC                       | HUDSON RIVER TRADING LLC                                              | CUSIP: 44413EAJ7<br>LEI: 549300SMOBUC8O5UOE10 | Long             | LON              | CORP              | US        |    642159 | PA      | $642961.78    | 0.59%             | 2030-03-18      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                              | CLARIOS GLOBAL LP                                                     | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    425000 | PA      | $423937.50    | 0.39%             | 2032-01-28      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                  | B&G Foods Inc                                                         | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    225000 | PA      | $217537.12    | 0.20%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BMC SOFTWARE INC                               | BMC SOFTWARE INC                                                      | CUSIP: 05988HAQ0<br>LEI: 5493006T045HLTF7YX04 | Long             | LON              | CORP              | US        |    370017 | PA      | $369322.78    | 0.34%             | 2031-07-30      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| PGIM Core Ultra Short Bond Fund                | PGIM Core Ultra Short Bond Fund                                       | CUSIP: 000000000<br>LEI: 1VRLPVAWKZCB406TIT84 | Long             | STIV             | RF                | US        |   1609920 | NS      | $1609919.61   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | GBP/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-33421.73    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIFL US LLC                       | Digicel International Finance Ltd / Difl US LLC                       | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    200000 | PA      | $205190.00    | 0.19%             | 2032-08-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| CROSBY US ACQUISITION CORP                     | CROSBY US ACQUISITION CORP                                            | CUSIP: 22739PAP1<br>LEI: 549300V5HSWHDNVOWE35 | Long             | LON              | CORP              | US        |    294769 | PA      | $295726.75    | 0.27%             | 2029-08-16      | Floating      | 7.66%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | LAMB WESTON HLDGS INC                                                 | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -168750 | PA      | $-168750.00   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| DUKES EDUCATION GROUP LTD                      | DUKES EDUCATION GROUP LTD                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     60913 | PA      | $81921.89     | 0.08%             | 2028-11-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Ferrellgas Partners LP                         | Ferrellgas Partners LP                                                | CUSIP: 315293308<br>LEI: 529900YP52A6C5K57L34 | Long             | EC               | CORP              | US        |      1029 | NS      | $153162.95    | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MEXICO CITY ARPT TRUST                         | Mexico City Airport Trust                                             | CUSIP: 59284MAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    300000 | PA      | $260250.00    | 0.24%             | 2047-07-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                             | CUSIP: 221625AV8<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    550000 | PA      | $568700.00    | 0.53%             | 2036-04-01      | Fixed         | 8.07%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2025-BCAT                                | CUSIP: 12433HAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    958285 | PA      | $960381.09    | 0.89%             | 2042-08-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDI                       | KRONOS ACQUISITION HOLDINGS INC                                       | CUSIP: 50106JAH9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    196471 | PA      | $144504.55    | 0.13%             | 2031-07-08      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                        | FIRST STUDENT BIDCO INC                                               | CUSIP: 33718FAN0<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |    295864 | PA      | $295864.22    | 0.27%             | 2030-08-15      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $90322.99     | 0.08%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                             | Total Play Telecomunicaciones SA de CV                                | CUSIP: 000000000<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $396150.00    | 0.37%             | 2032-12-31      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | SOUTHWESTERN ENERGY CO                                                | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |   -743750 | PA      | $-743750.00   | -0.69%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | WYNN MACAU LTD                                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -363906 | PA      | $-363906.25   | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| XPO INC                                        | XPO Inc                                                               | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1286339.73   | 1.19%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VISTA MANAGEMENT HOLDING                       | VISTA MANAGEMENT HOLDING INC                                          | CUSIP: 92842EAB4<br>LEI: 5299005VABKD28UWHI65 | Long             | LON              | CORP              | US        |    346500 | PA      | $347654.88    | 0.32%             | 2031-04-01      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| APOLLO CMMRL REAL EST FI                       | APOLLO COMMERCIAL REAL ESTATE FINANCE INC                             | CUSIP: 03768DAE7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | LON              | CORP              | US        |    149625 | PA      | $150560.16    | 0.14%             | 2030-06-13      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | CINEMARK USA INC                                                      | CUSIP: 172442AV7<br>LEI: 54930008H2137JSCPQ09 | Long             | LON              | CORP              | US        |    245648 | PA      | $245571.74    | 0.23%             | 2030-05-24      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                         | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $223367.15    | 0.21%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                         | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23032.51     | 0.02%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                              | DISH Network Corp                                                     | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1614117.32   | 1.49%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR                       | Windstream Services LLC / Windstream Escrow Finance Corp              | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $72567.28     | 0.07%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALLTECH INC                                    | ALLTECH INC                                                           | CUSIP: 02003DBB9<br>LEI: 549300HV8FN6KMLFMN67 | Long             | LON              | CORP              | US        |    521672 | PA      | $522323.69    | 0.48%             | 2030-08-13      | Floating      | 8.51%                 | No            |                  2 | On Loan: No      |
| AUTOPISTAS DEL SOL SA                          | Autopistas del Sol SA/Costa Rica                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CR        |    244936 | PA      | $242966.71    | 0.22%             | 2030-12-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tikehau US CLO Ltd                             | Tikehau US CLO III Ltd                                                | CUSIP: 88676NBA4<br>LEI: 549300W9XQOIYX4MC726 | Long             | ABS-CBDO         | CORP              | BM        |   2000000 | PA      | $2008140.80   | 1.86%             | 2036-01-20      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | HUNGARY REP OF                                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -520800 | PA      | $-520800.00   | -0.48%            |  |  |  | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL SERVIC                       | GFL ENVIRONMENTAL SERVIC                                              | CUSIP: 36257SAB8<br>LEI: 254900PGDQWC19PRP053 | Long             | LON              | CORP              | US        |    450000 | PA      | $449625.15    | 0.42%             | 2032-03-03      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                         | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    225000 | PA      | $228375.00    | 0.21%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | VISTRA CORP                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |  -2072875 | PA      | $-2072875.00  | -1.92%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS INTERNATIONAL                    | CDS PETROLEOS MEXICANOS                                               | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DCR              | CORP              | GB        |         1 | NC      | $680.08       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                             | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    250000 | PA      | $230751.58    | 0.21%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | USD/GBP FORWARD                                                       | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-4830.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                             | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1066745.11   | 0.99%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HERENS MIDCO SARL                              | Herens Midco Sarl                                                     | CUSIP: 000000000<br>LEI: 222100BJH5XPZD1JHF79 | Long             | DBT              | CORP              | LU        |    710000 | PA      | $476630.14    | 0.44%             | 2029-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                         | BLACKSTONE MORTGAGE TR                                                | CUSIP: 09259GAJ2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    180423 | PA      | $181099.22    | 0.17%             | 2029-05-09      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| ALLIANCE LAUNDRY SYSTEMS                       | ALLIANCE LAUNDRY SYSTEMS                                              | CUSIP: 01862LBA5<br>LEI: 549300YBOGK6MBI5ND34 | Long             | LON              | CORP              | US        |    327229 | PA      | $326760.66    | 0.30%             | 2031-08-19      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                  | NYC Commercial Mortgage Trust 2025-3BP                                | CUSIP: 67120UAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $999336.50    | 0.92%             | 2042-02-15      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                    | TENNECO INC                                                           | CUSIP: 88037HAP9<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |    250000 | PA      | $244444.50    | 0.23%             | 2028-11-17      | Floating      | 9.34%                 | No            |                  2 | On Loan: No      |
| PEER HOLDING III BV                            | PEER HOLDING III BV                                                   | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | NL        |    174118 | PA      | $174172.70    | 0.16%             | 2030-10-28      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                    | McAfee Corp                                                           | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    575000 | PA      | $534239.63    | 0.49%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | ASHLAND LLC                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -235500 | PA      | $-235500.00   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| CQS US CLO Ltd                                 | CQS US CLO 2023-3 Ltd                                                 | CUSIP: 223929AJ9<br>LEI: 254900OIQPM0JE7KVZ52 | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1508761.50   | 1.40%             | 2037-01-25      | Floating      | 8.52%                 | No            |                  2 | On Loan: No      |
| A-AP BUYER INC                                 | A-AP BUYER INC                                                        | CUSIP: 00036FAB0<br>LEI: 254900BOO8W9IR1VYO11 | Long             | LON              | CORP              | US        |    173688 | PA      | $174230.27    | 0.16%             | 2031-09-09      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| HUNGARY                                        | Hungary Government International Bond                                 | CUSIP: 445545AX4<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    565000 | PA      | $598753.10    | 0.55%             | 2055-09-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association          | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8745.94      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HLDG GMBH                     | NIDDA HEALTHCARE HLDG GMBH                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    650000 | PA      | $874622.09    | 0.81%             | 2032-05-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | IVORY COAST                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -552750 | PA      | $-648956.14   | -0.60%            |  |  |  | No            |                  2 | On Loan: No      |
| RING CONTAINER TECHNOLOG                       | RING CONTAINER TECHNOLOGIES GROUP LLC                                 | CUSIP: 76680YAJ1<br>LEI: 254900MFUG4RPN6Y4A98 | Long             | LON              | CORP              | US        |    200000 | PA      | $199562.40    | 0.18%             | 2032-09-15      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| JACOBS ENTERTAINMENT INC                       | Jacobs Entertainment Inc                                              | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73167.65     | 0.07%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DUKES EDUCATION GROUP LTD                      | DUKES EDUCATION GROUP LTD                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |     25178 | PA      | $33861.89     | 0.03%             | 2028-11-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| OFSI Fund LTD                                  | OFSI BSL CLO XIII Ltd                                                 | CUSIP: 67118VAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1009013.90   | 0.93%             | 2037-04-20      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| INNIO NORTH AMERICA HOLD                       | INNIO NORTH AMERICA HOLDING INC                                       | CUSIP: 000000000<br>LEI: 549300R5GWIY8X0FZE07 | Long             | LON              | CORP              | US        |    123438 | PA      | $123283.20    | 0.11%             | 2028-11-06      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | CDS REPUBLIC OF ARGENTINA                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-7595.08     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| DEEP BLUE OPERATING I LL                       | DEEP BLUE OPERATING I LLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    200000 | PA      | $200000.00    | 0.18%             | 2032-09-17      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| LORCA TELECOM BONDCO                           | Lorca Telecom Bondco SA                                               | CUSIP: 000000000<br>LEI: 9598004HFBAS82YM7X35 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $121936.83    | 0.11%             | 2029-04-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                       | Scientific Games Holdings LP/Scientific Games US FinCo Inc            | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $464536.82    | 0.43%             | 2030-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Taurus CMBS                                    | Taurus 2025-3 UK Designated Activity Co                               | CUSIP: 000000000<br>LEI: 635400XWNSMBWUUQIW58 | Long             | ABS-MBS          | CORP              | IE        |    750000 | PA      | $1001953.19   | 0.93%             | 2035-07-20      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-TAIL                                                    | CUSIP: 123912AJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    940000 | PA      | $939607.27    | 0.87%             | 2035-06-15      | Floating      | 7.45%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC                        | WINDSTREAM SERVICES LLC                                               | CUSIP: 97381JAJ2<br>LEI: 549300KT9GVEBYCD2N29 | Long             | LON              | CORP              | US        |     75000 | PA      | $75187.50     | 0.07%             | 2031-10-06      | Floating      | 8.88%                 | No            |                  3 | On Loan: No      |
| PARFUMS DE MARLY                               | PARFUMS DE MARLY                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    935000 | PA      | $925650.00    | 0.86%             | 2028-09-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                       | TK ELEVATOR US NEWCO INC                                              | CUSIP: 000000000<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | US        |    316389 | PA      | $317075.75    | 0.29%             | 2030-04-30      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS GATHERING LLC               | NEW GENERATION GAS GATHERING LLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68918 | PA      | $67884.23     | 0.06%             | 2029-09-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ESKOM HOLDINGS                                 | Eskom Holdings                                                        | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    404000 | PA      | $432405.24    | 0.40%             | 2028-08-10      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    330000 | PA      | $386467.91    | 0.36%             | 2028-09-19      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUKES EDUCATION GROUP LTD                      | DUKES EDUCATION GROUP LTD                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    443922 | PA      | $597030.55    | 0.55%             | 2028-11-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ACRISURE LLC                                   | ACRISURE LLC                                                          | CUSIP: 00488PAV7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    270844 | PA      | $270167.38    | 0.25%             | 2030-11-06      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | DAVITA INC                                                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -711750 | PA      | $-711750.00   | -0.66%            |  |  |  | No            |                  2 | On Loan: No      |
| CAMELOT RETURN MERGER SU                       | Camelot Return Merger Sub Inc                                         | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $169217.41    | 0.16%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategi                 | Carlyle Euro CLO 2022-5 DAC                                           | CUSIP: 000000000<br>LEI: 549300FXUEBDC9W0YX16 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1176028.27   | 1.09%             | 2037-04-25      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO                        | ALLIED UNIVERSAL HOLDCO                                               | CUSIP: 01957TAX5<br>LEI: 98450038B4549046D794 | Long             | LON              | CORP              | US        |    550000 | PA      | $551700.05    | 0.51%             | 2032-08-20      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| RECESS HOLDINGS INC                            | RECESS HOLDINGS INC                                                   | CUSIP: 72811HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    247257 | PA      | $248029.85    | 0.23%             | 2030-02-20      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| DUKES EDUCATION GRP LTD                        | DUKES EDUCATION GRP LTD                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     34427 | PA      | $40418.61     | 0.04%             | 2028-11-27      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $1307.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COTIVITI INC                                   | COTIVITI INC                                                          | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |    195521 | PA      | $193443.86    | 0.18%             | 2031-05-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| SANDISK CORP                                   | SANDISK CORP                                                          | CUSIP: 80004YAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    337500 | PA      | $337078.13    | 0.31%             | 2032-02-23      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                       | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    250000 | PA      | $248085.12    | 0.23%             | 2031-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                             | VIKING CRUISES LTD                                                    | CUSIP: 000000000<br>LEI: 549300IJP90T4MV2GL84 | Short            | RA               | CORP              | US        |   -438781 | PA      | $-438781.25   | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | GRIFOLS SA                                                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -563325 | PA      | $-661371.72   | -0.61%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -207281 | PA      | $-207281.25   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| TIDAL WASTE & RECYCLING                        | TIDAL WASTE & RECYCLING HOLDINGS LLC                                  | CUSIP: 88636PAK7<br>LEI: 254900IQT82RE5KFAZ50 | Long             | LON              | CORP              | US        |    199000 | PA      | $199932.91    | 0.18%             | 2031-10-24      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                         | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc    | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $309089.54    | 0.29%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                    | TENNECO INC                                                           | CUSIP: 88037HAN4<br>LEI: 549300U0EXXFAQFAD785 | Long             | LON              | CORP              | US        |    196962 | PA      | $191932.40    | 0.18%             | 2028-11-17      | Floating      | 9.22%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                     | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     85000 | PA      | $90137.64     | 0.08%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | XPO INC                                                               | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |  -1148438 | PA      | $-1148437.50  | -1.06%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                | CUSIP: 000000000<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    240000 | PA      | $278108.96    | 0.26%             | 2032-09-19      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BRINKER INTL INC                                                      | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -679000 | PA      | $-679000.00   | -0.63%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                     | USD/GBP FORWARD                                                       | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $27636.67     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MetroNet Infrastructure Issuer                 | MetroNet Infrastructure Issuer LLC                                    | CUSIP: 59170JBB3<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $507431.50    | 0.47%             | 2055-08-20      | Fixed         | 7.83%                 | No            |                  2 | On Loan: No      |
| Z Capital Credit Partners BSL                  | Z Capital Credit Partners BSL CLO 2024-1 Ltd                          | CUSIP: 98877JAG7<br>LEI: 254900DSGRS62ZX4HI79 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1512185.10   | 1.40%             | 2036-04-16      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                            | Hudbay Minerals Inc                                                   | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |   1050000 | PA      | $1057875.00   | 0.98%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEON MAPLE US DEBT MERGE                       | NEON MAPLE US DEBT MERGE                                              | CUSIP: 69425BAD9<br>LEI: 254900L3D6CI0XH2P605 | Long             | LON              | CORP              | US        |    323377 | PA      | $323261.58    | 0.30%             | 2031-11-17      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| WELD NORTH EDUCATION LLC                       | WELD NORTH EDUCATION LLC                                              | CUSIP: 94935RAF0<br>LEI: 254900W855WLN58WNJ32 | Long             | LON              | CORP              | US        |    246250 | PA      | $212258.64    | 0.20%             | 2029-12-21      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | MINERAL RESOURCES LTD                                                 | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -467500 | PA      | $-467500.00   | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association          | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9334.98     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | EG GLOBAL FIN PLC                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -638281 | PA      | $-749374.10   | -0.69%            |  |  |  | No            |                  2 | On Loan: No      |
| ROCKPOINT GAS STORAGE PA                       | ROCKPOINT GAS STORAGE PA                                              | CUSIP: 000000000<br>LEI: 549300ZXM0KTRM0NMI59 | Long             | LON              | CORP              | CA        |    304202 | PA      | $304962.35    | 0.28%             | 2031-09-18      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                    | Asurion LLC                                                           | CUSIP: 04649VBC3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    195980 | PA      | $196494.37    | 0.18%             | 2028-08-21      | Floating      | 8.50%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | Goldman Sachs Group Inc/The                                           | CUSIP: 38144GAG6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979685.52    | 0.91%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS                       | FOCUS FINANCIAL PARTNERS LLC                                          | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |    347375 | PA      | $347340.61    | 0.32%             | 2031-09-15      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | EG GLOBAL FIN PLC                                                     | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |  -1106700 | PA      | $-1299321.14  | -1.20%            |  |  |  | No            |                  2 | On Loan: No      |
| WHARF Commercial Mortgage Trus                 | WHARF Commercial Mortgage Trust 2025-DC                               | CUSIP: 92987LAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1016737.40   | 0.94%             | 2040-07-15      | Variable      | 7.98%                 | No            |                  2 | On Loan: No      |
| HERSCHEND ENTERTAINMENT                        | HERSCHEND ENTERTAINMENT CO LLC                                        | CUSIP: 42778EAG6<br>LEI: 54930087KQ7RPDXK0716 | Long             | LON              | CORP              | US        |    124688 | PA      | $125103.08    | 0.12%             | 2032-05-27      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| ROCC Trust                                     | ROCK Trust 2024-CNTR                                                  | CUSIP: 74970WAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1046595.40   | 0.97%             | 2041-11-13      | Fixed         | 8.82%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -183750 | PA      | $-183750.00   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                        | CDS PETROLEOS MEXICANOS                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCR              | CORP              | US        |         1 | NC      | $13192.76     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| DONCASTERS US FIN LLC                          | DONCASTERS US FIN LLC                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    420000 | PA      | $424200.00    | 0.39%             | 2030-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                             | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51470.49     | 0.05%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | HOWARD HUGHES CORP                                                    | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -470062 | PA      | $-470062.50   | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS GATHERING LLC               | NEW GENERATION GAS GATHERING LLC                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    229730 | PA      | $226283.78    | 0.21%             | 2029-09-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| UPSTREAM NEWCO INC                             | Upstream Newco Inc                                                    | CUSIP: 91678HAF9<br>LEI: 549300Q4K2W4R1EBTH48 | Long             | LON              | CORP              | US        |    496891 | PA      | $424531.43    | 0.39%             | 2026-11-20      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | MADISON IAQ LLC                                                       | CUSIP: 55759VAD0<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    274312 | PA      | $275341.17    | 0.25%             | 2032-05-06      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | EUR/USD FORWARD                                                       | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | N/A              | DFE              | CORP              | US        |         1 | NC      | $432.89       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | WYNN RESORTS FIN LLC                                                  | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -608344 | PA      | $-608343.75   | -0.56%            |  |  |  | No            |                  2 | On Loan: No      |
| QUALITYTECH LP                                 | QUALITYTECH LP                                                        | CUSIP: 74758JAB3<br>LEI: 549300GWD2FYVWRWCZ90 | Long             | LON              | CORP              | US        |    398000 | PA      | $398000.00    | 0.37%             | 2031-11-04      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| BNP PARIBAS                                    | OCP SA                                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -256750 | PA      | $-256750.00   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| WIN WASTE INNOVATIONS HO                       | WIN WASTE INNOVATIONS HO                                              | CUSIP: 38723BAL5<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |    234412 | PA      | $235438.05    | 0.22%             | 2028-03-27      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| Lugo Funding DAC                               | Lugo Funding DAC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | IE        |    600000 | PA      | $686800.93    | 0.64%             | 2066-05-26      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | ORBIA ADVANCE CORP SAB DE C                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -189500 | PA      | $-189500.00   | -0.18%            |  |  |  | No            |                  2 | On Loan: No      |
| TRUGREEN LP                                    | TruGreen LP                                                           | CUSIP: 89787RAH5<br>LEI: 549300QNRP2MNHR3QM19 | Long             | LON              | CORP              | US        |    200784 | PA      | $195848.20    | 0.18%             | 2027-11-02      | Floating      | 8.23%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                  | CoreWeave Inc                                                         | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    165000 | PA      | $170403.05    | 0.16%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ASTERIX ACQUICO GMBH                           | ASTERIX ACQUICO GMBH                                                  | CUSIP: 000000000<br>LEI: 254900V7YIND4ZZA4924 | Long             | LON              | CORP              | DE        |    500000 | PA      | $588675.71    | 0.54%             | 2032-03-30      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| PMT CREDIT RISK TRANSFER TRUST                 | PMT Credit Risk Transfer Trust 2024-2R                                | CUSIP: 69391NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1751517 | PA      | $1769756.98   | 1.64%             | 2027-03-29      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| SAVAGE ENTERPRISES LLC                         | SAVAGE ENTERPRISES LLC                                                | CUSIP: 80465JAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    375000 | PA      | $375078.00    | 0.35%             | 2032-08-05      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| DAVE & BUSTER'S INC                            | DAVE & BUSTER'S INC                                                   | CUSIP: 23833EAY0<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | LON              | CORP              | US        |    272314 | PA      | $249303.53    | 0.23%             | 2031-10-31      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| HURRICANE CLEANCO LIMITED                      | HURRICANE CLEANCO LIMITED                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   1320920 | PA      | $1877589.03   | 1.74%             | 2029-10-31      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| Northwoods Capital Ltd                         | Northwoods Capital 22 Ltd                                             | CUSIP: 66858HBG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    950000 | PA      | $951634.67    | 0.88%             | 2031-09-16      | Floating      | 8.97%                 | No            |                  2 | On Loan: No      |
| Atlas Senior Loan Fund LTD                     | Atlas Senior Loan Fund XVI Ltd                                        | CUSIP: 04940AAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1100967.12   | 1.02%             | 2034-01-20      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| CHAMPION IRON CANADA INC                       | Champion Iron Canada Inc                                              | CUSIP: 15853BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    110000 | PA      | $114978.60    | 0.11%             | 2032-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                       | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $96895.98     | 0.09%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                            | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    405000 | PA      | $417251.25    | 0.39%             | 2034-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | BOMBARDIER INC                                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |  -2085000 | PA      | $-2085000.00  | -1.93%            |  |  |  | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                            | Braskem Netherlands Finance BV                                        | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $158480.00    | 0.15%             | 2031-01-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TEI HOLDINGS INC                               | TEI HOLDINGS INC                                                      | CUSIP: 22663GAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    273312 | PA      | $271261.72    | 0.25%             | 2031-04-09      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                       | TRIDENT TPI HOLDINGS INC                                              | CUSIP: 00216EAL3<br>LEI: 549300TPLK304J3RNC85 | Long             | LON              | CORP              | US        |    197006 | PA      | $192912.25    | 0.18%             | 2028-09-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                  | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154369.20    | 0.14%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                          | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    575000 | PA      | $569631.20    | 0.53%             | 2029-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/GBP FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $32946.41     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                               | CUSIP: 105756CM0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    400000 | PA      | $408400.00    | 0.38%             | 2030-11-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | PENN ENTERTAINMENT INC                                                | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -180750 | PA      | $-180750.00   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                         | ATHENAHEALTH GROUP INC                                                | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |    275073 | PA      | $274189.33    | 0.25%             | 2029-02-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | CHART INDUSTRIES INC                                                  | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -215719 | PA      | $-215718.75   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| BFLD Trust                                     | BFLD 2024-WRHS Mortgage Trust                                         | CUSIP: 05555HAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    926997 | PA      | $924679.55    | 0.86%             | 2026-08-15      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE                          | FORTRESS INTERMEDIATE                                                 | CUSIP: 34966LAD6<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | LON              | CORP              | US        |    227028 | PA      | $227311.93    | 0.21%             | 2031-06-27      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| Brown Group Holding LLC                        | BROWN GROUP HOLD 07/01/31                                             | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    149246 | PA      | $149556.52    | 0.14%             | 2031-07-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                          | CAESARS ENTERTAIN INC                                                 | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    195508 | PA      | $194872.18    | 0.18%             | 2031-02-06      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| NOURISH BUYER I INC                            | NOURISH BUYER I INC                                                   | CUSIP: 000000000<br>LEI: 254900WHHUSAU0TJQB23 | Long             | LON              | CORP              | US        |    275000 | PA      | $274312.50    | 0.25%             | 2032-12-13      | Floating      | 8.68%                 | No            |                  3 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    600000 | PA      | $700467.58    | 0.65%             | 2031-10-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                 | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $523800.00    | 0.48%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Nassau Euro CLO DAC                            | Nassau Euro CLO IV DAC                                                | CUSIP: 000000000<br>LEI: 2549009H5IFGWCGJGZ84 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1178631.38   | 1.09%             | 2038-07-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Barings Euro CLO DAC                           | Barings Euro CLO 2024-1 DAC                                           | CUSIP: 000000000<br>LEI: 635400L89NSY7YSS1C46 | Long             | ABS-CBDO         | CORP              | IE        |   1000000 | PA      | $1179096.07   | 1.09%             | 2037-07-20      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                | CUSIP: 67091TAF2<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    260000 | PA      | $283075.00    | 0.26%             | 2034-05-02      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| APRO LLC                                       | APRO LLC                                                              | CUSIP: 03834XAP8<br>LEI: 549300HALLMPVGYAKP14 | Long             | LON              | CORP              | US        |    198000 | PA      | $197010.00    | 0.18%             | 2031-07-09      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | UNIVISION COMMUNICATIONS INC                                          | CUSIP: 914908BG2<br>LEI: 549300YQDE2JSGTL8V47 | Long             | LON              | CORP              | US        |    196000 | PA      | $195118.00    | 0.18%             | 2029-01-31      | Floating      | 7.75%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 5YR NOTE (CBT)                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        72 | NC      | $7496.63      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI                       | MAVIS TIRE EXPRESS SERVICES TOPCO CORP                                | CUSIP: 57777YAG1<br>LEI: 254900NVDM4GTLBL9E56 | Long             | LON              | CORP              | US        |    198502 | PA      | $198289.27    | 0.18%             | 2028-05-04      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | CORONADO FIN PTY LTD                                                  | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -488125 | PA      | $-488125.00   | -0.45%            |  |  |  | No            |                  2 | On Loan: No      |
| ECL ENTERTAINMENT LLC                          | ECL ENTERTAINMENT LLC                                                 | CUSIP: 000000000<br>LEI: 254900UPSGHOBB360Z85 | Long             | LON              | CORP              | US        |    125000 | PA      | $124843.75    | 0.12%             | 2030-08-30      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| CROWN FINANCE US INC                           | CROWN FINANCE US INC                                                  | CUSIP: 22834KAV3<br>LEI: 254900ABTWPQTCKKR839 | Long             | LON              | CORP              | US        |    199500 | PA      | $199001.25    | 0.18%             | 2031-12-02      | Floating      | 8.63%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                    | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    475000 | PA      | $475019.00    | 0.44%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | WOLVERINE WORLD WIDE INC                                              | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -753188 | PA      | $-753187.50   | -0.70%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | CCO HLDGS LLC CCO HLDGS CAP CO                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |   -383400 | PA      | $-383400.00   | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| ENTAIN HOLDINGS GIBRALTA                       | ENTAIN HOLDINGS GIBRALTA                                              | CUSIP: 000000000<br>LEI: 213800ATWJIEYQ8NF838 | Long             | LON              | CORP              | GI        |    346500 | PA      | $346097.71    | 0.32%             | 2029-10-31      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -173250 | PA      | $-173250.00   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| ORBIA ADVANCE CORP SAB                         | Orbia Advance Corp SAB de CV                                          | CUSIP: 68560EAC2<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $207951.00    | 0.19%             | 2030-05-13      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | USD/GBP FORWARD                                                       | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-6.14        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America, National Association          | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-72992.05    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| TPC GROUP INC                                  | TPC GROUP INC                                                         | CUSIP: 87266EAG0<br>LEI: 549300K276KVW5JD1583 | Long             | LON              | CORP              | US        |    348250 | PA      | $336061.25    | 0.31%             | 2031-11-24      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| MRC GLOBAL US INC                              | MRC GLOBAL US INC                                                     | CUSIP: 55345LAF8<br>LEI: 549300DH01K8F1NQFP75 | Long             | LON              | CORP              | US        |    248750 | PA      | $249371.88    | 0.23%             | 2031-10-29      | Floating      | 7.63%                 | No            |                  3 | On Loan: No      |
| BNP PARIBAS                                    | CALPINE CORP                                                          | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -475062 | PA      | $-475062.50   | -0.44%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                      | USD/EUR FORWARD                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |         1 | NC      | $6764.14      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SHARP SERVICES LLC                             | SHARP SERVICES LLC                                                    | CUSIP: 81989LAF5<br>LEI: 549300ZXMVUWBVXDAR03 | Long             | LON              | CORP              | US        |    191592 | PA      | $191472.54    | 0.18%             | 2028-12-29      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| TIGER ACQUISITION LLC                          | TIGER ACQUISITION LLC                                                 | CUSIP: 88675UAE2<br>LEI: 25490011XE2GWJKY5N51 | Long             | LON              | CORP              | US        |    150000 | PA      | $149362.50    | 0.14%             | 2032-08-23      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                            | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    275000 | PA      | $287725.43    | 0.27%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                   | HILCORP ENERGY I HILCORP FIN C                                        | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |  -1012781 | PA      | $-1012781.25  | -0.94%            |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                             | Angolan Government International Bond                                 | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    300000 | PA      | $300585.00    | 0.28%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-ROIC                                                    | CUSIP: 05593VAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    747086 | PA      | $748271.13    | 0.69%             | 2030-03-15      | Floating      | 7.09%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                 | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $268875.00    | 0.25%             | 2028-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY RET HLD                        | BROOKFIELD PROPERTIES RETAIL HOLDING LLC                              | CUSIP: 11283HAG2<br>LEI: 549300K1JD1LDRNBET48 | Long             | LON              | CORP              | US        |    997500 | PA      | $999577.79    | 0.92%             | 2030-05-28      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| NEW GENERATION GAS - UNFUNDED                  | NEW GENERATION GAS - UNFUNDED                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45946 | PA      | $45256.75     | 0.04%             | 2029-09-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                  | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $675909.66    | 0.63%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                      | CUSIP: 000000000<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    875000 | PA      | $1085233.43   | 1.00%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                         | ARSENAL AIC PARENT LLC                                                | CUSIP: 04287KAG6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    264823 | PA      | $264712.50    | 0.24%             | 2030-08-19      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| AYDEM YENILENEBILIR ENER                       | Aydem Yenilenebilir Enerji AS                                         | CUSIP: 000000000<br>LEI: 9845009C50EDA74OA532 | Long             | DBT              | CORP              | TR        |    168000 | PA      | $169671.60    | 0.16%             | 2027-02-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MAXIM CRANE WORKS LLC                          | Maxim Crane Works Holdings Capital LLC                                | CUSIP: 57779EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $424329.17    | 0.39%             | 2028-09-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CLOSURE SYSTEMS INTERNAT                       | CLOSURE SYSTEMS INTERNAT                                              | CUSIP: 13763HAF9<br>LEI: 549300E17L7BO8C0M603 | Long             | LON              | CORP              | US        |     74251 | PA      | $74189.56     | 0.07%             | 2029-03-22      | Floating      | 7.17%                 | No            |                  2 | On Loan: No      |
| J&J VENTURES GAMING LLC                        | J&J VENTURES GAMING LLC                                               | CUSIP: 46604BAH1<br>LEI: 549300BYPH8FLKS5ZS70 | Long             | LON              | CORP              | US        |    498747 | PA      | $493447.68    | 0.46%             | 2030-04-26      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| PREEM HOLDING AB                               | Preem Holdings AB                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    656000 | PA      | $796139.46    | 0.74%             | 2027-06-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP LLC                       | GREAT OUTDOORS GROUP LLC                                              | CUSIP: 07014QAP6<br>LEI: 549300IYLDI2E8I2AU46 | Long             | LON              | CORP              | US        |    175994 | PA      | $176049.36    | 0.16%             | 2032-01-23      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT, INC                    | FERTITTA ENTERTAINMENT                                                | CUSIP: 000000000<br>LEI: 549300CIPGX0JQBKSF94 | Short            | RA               | CORP              | US        |   -227219 | PA      | $-227218.75   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| ASHLAND INC                                    | Ashland Inc                                                           | CUSIP: 04433LAA0<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |    300000 | PA      | $265976.77    | 0.25%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                  | B&G Foods Inc                                                         | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    125000 | PA      | $121184.52    | 0.11%             | 2028-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DUKES EDUCATION GROUP LTD                      | DUKES EDUCATION GROUP LTD                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |      7402 | PA      | $9954.77      | 0.01%             | 2028-11-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| CITIGROUP INC.                                 | CITIGROUP INC                                                         | CUSIP: 000000000<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Short            | RA               | CORP              | US        |   -415362 | PA      | $-415362.50   | -0.38%            |  |  |  | No            |                  2 | On Loan: No      |
| AMG NV                                         | AMG Advanced Metallurgical Group NV                                   | CUSIP: 000000000<br>LEI: 5493006MN6OH67U2YI74 | Long             | LON              | CORP              | NL        |    246164 | PA      | $244932.84    | 0.23%             | 2028-11-30      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | NRG ENERGY INC                                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |  -1685250 | PA      | $-1685250.00  | -1.56%            |  |  |  | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                       | Bellis Acquisition Co PLC                                             | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $160337.30    | 0.15%             | 2030-05-14      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| FEDERATIVE REPUBLIC OF BRAZIL                  | BRAZIL REP OF                                                         | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Short            | RA               | CORP              | US        |   -369500 | PA      | $-369500.00   | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| DAVITA INC                                     | DaVita Inc                                                            | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    975000 | PA      | $893127.68    | 0.83%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                       | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $165126.55    | 0.15%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                  | GOLDMAN SACHS GRP INC                                                 | CUSIP: 000000000<br>LEI: 784F5XWPLTWKTBV3E584 | Short            | RA               | CORP              | US        |   -861250 | PA      | $-861250.00   | -0.80%            |  |  |  | No            |                  2 | On Loan: No      |
| BELFOR HOLDINGS INC                            | BELFOR HOLDINGS INC                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    238896 | PA      | $239194.73    | 0.22%             | 2030-11-04      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| DONCASTERS FINANCE US LLC                      | DONCASTERS US FINANCE LLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    265950 | PA      | $268609.50    | 0.25%             | 2030-04-23      | Floating      | 10.65%                | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONA                       | LD Celulose International GmbH                                        | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $211200.00    | 0.20%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| DONCASTERS US FINANCE LLC                      | DONCASTERS US FINANCE LLC                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    278600 | PA      | $281386.00    | 0.26%             | 2030-04-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                     | Affirm Asset Securitization Trust 2024-A                              | CUSIP: 00834BAK3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    850000 | PA      | $856881.26    | 0.79%             | 2029-02-15      | Fixed         | 9.17%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                         | Penn Entertainment Inc                                                | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199940.30    | 0.18%             | 2027-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| INMAR INC                                      | INMAR INC                                                             | CUSIP: 45763FAV0<br>LEI: 549300N1ML5MXXFIDZ25 | Long             | LON              | CORP              | US        |    346757 | PA      | $345239.79    | 0.32%             | 2031-10-30      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| ALTA EQUIPMENT GROUP                           | Alta Equipment Group Inc                                              | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37378.61     | 0.03%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | HudBay Minerals Inc.                                                  | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -836250 | PA      | $-836250.00   | -0.77%            |  |  |  | No            |                  2 | On Loan: No      |
| AEGION CORP                                    | AEGION CORP                                                           | CUSIP: 00771PAM3<br>LEI: 549300AG3DVJURRIT691 | Long             | LON              | CORP              | US        |    245650 | PA      | $245342.91    | 0.23%             | 2028-05-17      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| BPR Trust                                      | BPR Trust 2021-TY                                                     | CUSIP: 05592AAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $997526.10    | 0.92%             | 2038-09-15      | Floating      | 6.62%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                  | Citigroup Inc                                                         | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    470000 | PA      | $485778.32    | 0.45%             | N/A             | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP                             | Expand Energy Corp                                                    | CUSIP: 845467AT6<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    850000 | PA      | $835603.60    | 0.77%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                       | Benchmark 2024-V5 Mortgage Trust                                      | CUSIP: 08163XAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8000000 | PA      | $680331.20    | 0.63%             | 2057-01-10      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| MH SUB I LLC                                   | MH SUB I LLC                                                          | CUSIP: 45567YAP0<br>LEI: 2549005VFKP807SR8N49 | Long             | LON              | CORP              | US        |    104932 | PA      | $96450.36     | 0.09%             | 2031-12-31      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | CAESARS ENTERTAINMENT INC                                             | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -915750 | PA      | $-915750.00   | -0.85%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | LD CELULOSE INTL                                                      | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -184250 | PA      | $-184250.00   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| Silver Rock CLO Ltd                            | Silver Rock CLO III                                                   | CUSIP: 82811AAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002499.30   | 0.93%             | 2036-01-20      | Floating      | 9.38%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC                          | JEFFERIES FINANCE LLC                                                 | CUSIP: 000000000<br>LEI: 549300SKVB18YSSIDT75 | Long             | LON              | CORP              | US        |    297750 | PA      | $297005.63    | 0.27%             | 2031-10-21      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| GEON PERFORMANCE SOLUTIO                       | GEON PERFORMANCE SOLUTIO                                              | CUSIP: 37254YAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    344256 | PA      | $322740.15    | 0.30%             | 2028-08-18      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| NOURYON FINANCE BV                             | NOURYON FINANCE BV                                                    | CUSIP: 000000000<br>LEI: 549300GD4NJGLPVYB245 | Long             | LON              | CORP              | NL        |    187302 | PA      | $186989.99    | 0.17%             | 2028-04-03      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                            | United Airlines Inc                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199652.25    | 0.18%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                              | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192089.02    | 0.18%             | 2030-01-31      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| COVIA HOLDINGS LLC                             | COVIA HOLDINGS LLC                                                    | CUSIP: 22305CAF6<br>LEI: 213800IE4YGTGVTQ1806 | Long             | LON              | CORP              | US        |    224438 | PA      | $224998.59    | 0.21%             | 2032-02-26      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| ACTION ENVIRONMENTAL GRO                       | ACTION ENVIRONMENTAL GRO                                              | CUSIP: 00507JAF3<br>LEI: 549300BB30QUQC86W666 | Long             | LON              | CORP              | US        |    489055 | PA      | $489055.24    | 0.45%             | 2030-10-24      | Floating      | 7.56%                 | No            |                  3 | On Loan: No      |
| DCLI BIDCO LLC                                 | Dcli Bidco LLC                                                        | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |     95000 | PA      | $98733.50     | 0.09%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PAINT INTERMEDIATE III                         | PAINT INTERMEDIATE III                                                | CUSIP: 69575EAL3<br>LEI: 549300C2JJM7BNZTR054 | Long             | LON              | CORP              | US        |     99750 | PA      | $99459.03     | 0.09%             | 2031-10-09      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| GRAFTECH GLOBAL ENTERPRI                       | GRAFTECH GLOBAL ENTERPRI                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    145455 | PA      | $148000.00    | 0.14%             | 2029-12-21      | Floating      | 10.15%                | No            |                  2 | On Loan: No      |
| AZORRA SOAR TLB FINANCE                        | AZORRA SOAR TLB FINANCE LTD                                           | CUSIP: 000000000<br>LEI: 254900W0D3E1W7DRS089 | Long             | LON              | CORP              | KY        |    247592 | PA      | $247747.25    | 0.23%             | 2029-10-18      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| RED SPV LLC                                    | RED SPV LLC                                                           | CUSIP: 75701MAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    349125 | PA      | $349125.00    | 0.32%             | 2032-03-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    300000 | PA      | $286524.00    | 0.26%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                        | Romanian Government International Bond                                | CUSIP: 77586RAX8<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    430000 | PA      | $436195.96    | 0.40%             | 2036-05-16      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PLASTIPAK PACKAGING INC                        | PLASTIPAK PACKAGING INC                                               | CUSIP: 000000000<br>LEI: 549300Y39ISK7CP7EO21 | Long             | LON              | CORP              | US        |    175000 | PA      | $174912.50    | 0.16%             | 2032-09-24      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Elevation CLO Ltd                              | Elevation CLO 2021-12 Ltd                                             | CUSIP: 28623MBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005705.70   | 0.93%             | 2037-04-20      | Floating      | 9.69%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                       | CDS PETROLEOS MEXICANOS                                               | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-13.04       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDI                       | Kronos Acquisition Holdings Inc                                       | CUSIP: 50106GAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $165244.41    | 0.15%             | 2032-06-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2025-DIME                                                    | CUSIP: 05613UAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.92%             | 2035-02-15      | Floating      | 7.15%                 | No            |                  2 | On Loan: No      |
| BFLD Trust                                     | BFLD 2024-VICT Mortgage Trust                                         | CUSIP: 05555VAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $698250.00    | 0.65%             | 2041-07-15      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| FIRST BRANDS GROUP LLC                         | FIRST BRANDS GROUP LLC                                                | CUSIP: 31935HAF4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    600000 | PA      | $33000.00     | 0.03%             | 2028-03-30      | Floating      | 12.50%                | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -205312 | PA      | $-205312.50   | -0.19%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL PARK HLDGS BV                    | INTERNATIONAL PARK HLDGS BV                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $576752.06    | 0.53%             | 2031-12-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                            | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $195428.36    | 0.18%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                   | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $323775.00    | 0.30%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                             | BMO 2024-5C5 Mortgage Trust                                           | CUSIP: 05593RAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3975000 | PA      | $317321.47    | 0.29%             | 2057-02-15      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | United States Treasury Note/Bond                                      | CUSIP: 91282CLK5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    915000 | PA      | $912855.47    | 0.84%             | 2029-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LOIRE FINCO LUXEMBOURG                         | LOIRE FINCO LUXEMBOURG                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    248752 | PA      | $248751.55    | 0.23%             | 2030-01-28      | Floating      | 8.16%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS ESCROW LLC 3/30/31 Equity Preferred | FERRELLGAS ESCROW LLC 3/30/31 Equity Preferred                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     25000 | NS      | $25000.00     | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                  | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $202013.11    | 0.19%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                                 | NCR ATLEOS CORP                                                       | CUSIP: 63001PAG6<br>LEI: 9845005FC3S0VA714741 | Long             | LON              | CORP              | US        |    134400 | PA      | $134400.00    | 0.12%             | 2032-09-20      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BROOKFIELD RESIDENTIAL PROPERT                                        | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -252375 | PA      | $-252375.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS L                       | AMNEAL PHARMACEUTICALS LLC                                            | CUSIP: 03167DAR5<br>LEI: 54930037VIXE7LRZ1M66 | Long             | LON              | CORP              | US        |    400000 | PA      | $399000.00    | 0.37%             | 2032-08-02      | Floating      | 7.63%                 | No            |                  2 | On Loan: No      |
| VOYAGERPARENTLLC                               | VOYAGERPARENTLLC                                                      | CUSIP: 92921HAC9<br>LEI: 2549002DYVI4ACSV4V71 | Long             | LON              | CORP              | US        |    575000 | PA      | $575718.75    | 0.53%             | 2032-07-01      | Floating      | 8.88%                 | No            |                  2 | On Loan: No      |
| PINNACLE BUYER LLC                             | PINNACLE BUYER LLC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    146774 | PA      | $146896.45    | 0.14%             | 2032-09-13      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                          | EG Global Finance PLC                                                 | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    625000 | PA      | $803563.85    | 0.74%             | 2028-11-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                         | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    250000 | PA      | $275066.03    | 0.25%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                      | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $505864.35    | 0.47%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Trust 2022-LBA6                                                    | CUSIP: 12433EAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $749062.50    | 0.69%             | 2039-01-15      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | PENNYMAC FIN SVCS INC                                                 | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -220312 | PA      | $-220312.50   | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC                          | QNITY ELECTRONICS INC                                                 | CUSIP: 74737SAB9<br>LEI: 254900RSUG4J9TFFZX53 | Long             | LON              | CORP              | US        |    475000 | PA      | $474406.25    | 0.44%             | 2032-08-12      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -261594 | PA      | $-261593.75   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp                             | Bausch & Lomb TE 12/18/30                                             | CUSIP: 000000000<br>LEI: 549300NY6OZM39SO6475 | Long             | LON              | CORP              | CA        |    224438 | PA      | $224437.50    | 0.21%             | 2031-01-15      | Floating      | 8.41%                 | No            |                  2 | On Loan: No      |
| MONITCHEM HOLDCO 3 S.A.                        | Monitchem HoldCo 3 SA                                                 | CUSIP: 000000000<br>LEI: 222100SJHJ1CNJMSW162 | Long             | DBT              | CORP              | LU        |   1445000 | PA      | $1691277.02   | 1.56%             | 2028-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                        | CDS SOFTBANK GROUP CORP                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DCR              | CORP              | US        |         1 | NC      | $110.41       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                             | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1051607.99   | 0.97%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                    | MCAFEE CORP                                                           | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    234089 | PA      | $222774.64    | 0.21%             | 2029-03-01      | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| BX Trust                                       | BX Commercial Mortgage Trust 2024-AIRC                                | CUSIP: 12433CAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    936195 | PA      | $938530.64    | 0.87%             | 2039-08-15      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| JFL-TIGER ACQUISITION CO                       | JFL-TIGER ACQUISITION CO                                              | CUSIP: 000000000<br>LEI: 254900KPFL42CYD2VY03 | Long             | LON              | CORP              | US        |     74244 | PA      | $74615.54     | 0.07%             | 2030-10-17      | Floating      | 10.32%                | No            |                  2 | On Loan: No      |
| GAINWELL ACQUISITION COR                       | Gainwell Acquisition Corp                                             | CUSIP: 59909TAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    249756 | PA      | $245619.31    | 0.23%             | 2027-10-01      | Floating      | 8.09%                 | Yes           |                  2 | On Loan: No      |
| ONE Park Mortgage Trust                        | ONE 2021-PARK Mortgage Trust                                          | CUSIP: 682413AG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $942793.30    | 0.87%             | 2036-03-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| Veritiv Operating Co                           | VERITIV OPERATING CO                                                  | CUSIP: 92338TAB2<br>LEI: 5493004G8OK5L1UTIY12 | Long             | LON              | CORP              | US        |    148872 | PA      | $147546.32    | 0.14%             | 2030-11-29      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| TENNECO INC.                                   | TENNECO INC.                                                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               | CORP              | US        |   -681000 | PA      | $-681000.00   | -0.63%            |  |  |  | No            |                  2 | On Loan: No      |
| GENESYS CLOUD SERVICES                         | GENESYS CLOUD SERVICES                                                | CUSIP: 39479UAY9<br>LEI: 254900CRMBG6WX4HX396 | Long             | LON              | CORP              | US        |    422752 | PA      | $419687.24    | 0.39%             | 2032-01-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                    | BNP PARIBAS                                                           | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Short            | RA               | CORP              | US        |   -266906 | PA      | $-266906.25   | -0.25%            |  |  |  | No            |                  2 | On Loan: No      |
| INDY US HOLDCO LLC                             | INDY US HOLDCO LLC                                                    | CUSIP: 45674PAS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    206302 | PA      | $205528.50    | 0.19%             | 2030-10-31      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                    | Tenneco Inc                                                           | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    875000 | PA      | $876151.93    | 0.81%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DS PARENT INC                                  | DS PARENT INC                                                         | CUSIP: 23344YAG7<br>LEI: 254900EH8GRZUGRWRH57 | Long             | LON              | CORP              | US        |    148125 | PA      | $135534.38    | 0.13%             | 2031-01-31      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| STAR LEASING CO LLC                            | Star Leasing Co LLC                                                   | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    325000 | PA      | $315744.93    | 0.29%             | 2030-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| BENCHMARK Mortgage Trust                       | Benchmark 2024-V6 Mortgage Trust                                      | CUSIP: 081927AH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $586759.80    | 0.54%             | 2057-03-15      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| TALKTALK TELECOM GROUP                         | TalkTalk Telecom Group Ltd                                            | CUSIP: 000000000<br>LEI: 213800WF53FVDRRHRF44 | Long             | DBT              | CORP              | GB        |    401774 | PA      | $41876.80     | 0.04%             | 2028-03-01      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CPPIB OVM MEMBER US LLC                        | CPPIB OVM MEMBER US LLC                                               | CUSIP: 12673CAB0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    148500 | PA      | $148732.43    | 0.14%             | 2031-08-20      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| CROWN SUBSEA COMMUNICATI                       | CROWN SUBSEA COMMUNICATI                                              | CUSIP: 22860EAK8<br>LEI: 5493003AYLUE132FIO27 | Long             | LON              | CORP              | US        |     99748 | PA      | $100277.97    | 0.09%             | 2031-01-30      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| Monument CLO                                   | Monument Clo 1 DAC                                                    | CUSIP: 000000000<br>LEI: 254900PSVC5Y0GWN0R36 | Long             | ABS-CBDO         | CORP              | IE        |   1500000 | PA      | $1780665.37   | 1.65%             | 2037-05-15      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| TREASURE HOLDCO INC                            | TREASURE HOLDCO INC                                                   | CUSIP: 89458XAB3<br>LEI: 549300LDQLQBT38QDY28 | Long             | LON              | CORP              | US        |    280094 | PA      | $277642.89    | 0.26%             | 2031-11-04      | Floating      | 8.55%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $26614.39     | 0.02%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | LEVEL 3 FINANCING INC                                                 | CUSIP: 000000000<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |    275000 | PA      | $275114.68    | 0.25%             | 2032-03-29      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| FIRST STUDENT BIDCO INC                        | FIRST STUDENT BIDCO INC                                               | CUSIP: 33718FAP5<br>LEI: 2549006DRO2F06AA1391 | Long             | LON              | CORP              | US        |     54136 | PA      | $54135.78     | 0.05%             | 2030-08-15      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                             | BMO 2024-5C3 Mortgage Trust                                           | CUSIP: 09660QAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7250000 | PA      | $605485.20    | 0.56%             | 2057-02-15      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | US 2YR NOTE (CBT)                                                     | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        33 | NC      | $5708.33      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CORONADO FINANCE PTY LTD                       | Coronado Finance Pty Ltd                                              | CUSIP: 21979LAB2<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |    550000 | PA      | $479875.00    | 0.44%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TRULITE GLASS ALUMINUM S                       | TRULITE GLASS & ALUMINUM SOLUTIONS LLC                                | CUSIP: 89789MAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    317969 | PA      | $313199.22    | 0.29%             | 2030-03-01      | Floating      | 9.99%                 | No            |                  3 | On Loan: No      |
| DUKES EDUCATION GRP LTD                        | DUKES EDUCATION GRP LTD                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    133675 | PA      | $156941.49    | 0.15%             | 2028-11-27      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DUKES EDUCATION GROUP LTD                      | DUKES EDUCATION GROUP LTD                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     67561 | PA      | $90862.79     | 0.08%             | 2028-11-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.    | BBG IG CREDIT                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DE               | CORP              | US        |        40 | NC      | $-3279.35     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GRIFOLS SA                                     | Grifols SA                                                            | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    580000 | PA      | $716600.08    | 0.66%             | 2030-05-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL IN                       | Brinker International Inc                                             | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    825000 | PA      | $874112.14    | 0.81%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** PGIM Credit Income Fund

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer